EXPERIMENTAL: Measures the volatility range of current price range, can help detect squeezes as well explosive moves
This is the Market Mean index. It is used to identify if the market is really trending or if it is range bound(random). In theory, a random sample will be mean reverting 75% of the time. This indicator checks to see what how much the market is mean reverting and converts it to a percentage. If the index is around 75 or higher than the price curve of the market is...
Uses VDAX (dax volatility index) to calculate the expected daily range of the Dax. formula: daytrading.about.com Input the dax previous days close and This value: www.investing.com and The indicator will do the rest
optional method for cumulative averaging of the range variation. optional length for averaging range variation.
This script shows the London and NY Sessions on your chart. Decided to publish it on demand for user yuan642 :D. Maybe other users may find it helpful. Looking back on charts it can help to spot certain moves or patterns around certain Session open when high volumes enter the markets.
Function to derive the frequency a range is visited over time. returns value (0 to 1) percent multiplier
Request for DCC/coondawg71 added support for using session. theres a issue with the session it needs to have the format inverted: (start-end) to (end-start) '0000-1500' to '1500-0000'
Grid based on maximum range (largest candle) avaible on loaded data.
Average Price Movement inidcator displays the high/low for the period over time. On top of that an 8 period exponential moving avergae is attached to get average movement over time. It provides, for eg. on a Daily chart, gives a day range and this can be used to book profits or place stop loss. It is very simple indicator to provide price range over time.
UPDATE: had a minor bug on how to detect the range.
EXPERIMENTAL: WARNING: this strategy repaints after reloading and results are heavily curve fitted, use at your own discretion. UPDATE: (AleksanderThor) add option for a 2nd target, to use you need to activate pyramiding with a setting of 1 manually (not possible to change programatically) .
Uses daily average ranges of 5 and 10 (most used) as buy (support) and highs (resistance) areas - half ranges used in calculations for a more accurate "forecast" of the H and L . Uses open but not close, so it does not repaint - experimental
Easy script to find candles which body is less than 50% of candle range.
EXPERIMENTAL: Adaptation from stop hunt levels: Uses timeframe and atr to set ranges.
EXPERIMENTAL: (republishing, previous had alot of lines crowding the chart) MTF Range Swing.