This is an experimental study inspired by J. Peter Steidlmayer's Market Profile tool with an alternative set of calculations for analyzing price action and distribution over a defined interval. This tool is geared toward finding price reactive points for better entry and exit positions. In this script, price range over a user defined interval (up to 4000 bars) is...
Potential buy and sell signals from multiple time frames
Measures if the price is going farther away or closer to the vwap to see if price is accelerating or deaccelarating
My customed version of indicators in one script. Adding VWAP and Pivots in the future
Utilizes MVWAP and a Derivative Oscillator to calculate entries for Long and Short trades.
Included is the: VWAP Current time frame 10 EMA Current time frame 20 EMA Current time frame 50 EMA Current time frame 10 SMA Current time frame 20 SMA Current time frame 50 SMA Daily 10 EMA Daily 20 EMA Daily 50 EMA Daily 50 SMA Daily 100 SMA Daily 200 SMA Weekly 100 SMA Weekly 200 SMA Monthly 100 SMA Monthly 200 SMA All...
Has 1) Moving averages for A) Ride Trend B) Support & Resistance C) Entry-Exit 2) Bolinger Bands for Volatility 3) VWAP for Volume
This is a Wave (or Zig Zag) indicator I made to use in conjunction with the Wave Volume indicator I use. It uses the Jurik moving average to determine turning points, and will plot the tops and bottoms of the wave based on the most recent high- so you can also use to quickly find pivot highs and lows. If you are using with the R100 Wave Volume indicator, first...
Bollinger bands multi tool. The user is allowed to turn on/off four sets of bollinger bands. The calculation uses simple moving average as default. However have other options: Basis options: options : "SMA", "EMA", "WMA", "VWMA", "SMMA", "DEMA", "TEMA", "HullMA", "LSMA", "VWAP" Basis can be turned on/off. The tool allows the user to adjust standard...
Trading Divergence based on Momentum (Indicator below), If you want to make this a strategy i would use all those indicators above for extra confirmation. "Momentum Divergence" indicator includes the following: -"Momentum Waves" (blue waves) -"Stochastic RSI" color change (green/red lines) -"RSI" (purple line) -"Money Flow Index" (green/red bar below)...
This is an Excellent Tool that can be used along with other indicators for Intraday Trading
This a script that shows where price is trapped in the market based on the volume traded The plots uses pixels. To correctly see the zones, adjust your zoom and set your level density appropriately
Please visit www.investopedia.com for more information about Displaced Moving Average. You can choose your favorite moving average from the list: "SMA, EMA, WMA, RMA, VWMA, VWAP, Linear or Rank" I have also added 3rd DMA which can be disabled. I urge you to use the Forecast mode. But feel free to find the best that fits your needs. FYI: This is not financial...
After using many different divergence scripts, I struggled to find one that didn't indiscriminately signal a constant divergence while the price was trending. This study attempts to solve this issue, along with filtering out false signals. I have found it to print less signals and to be more accurate. It also gives you a confluence level between high probability...
This indicator calculates extreme deviation areas of the difference of zero-lag fast and slow exponential moving averages with volume (for Volume Weighted version). Here is a connection between the distance of prices to their respective moving averages (default periods are 50/200) and standard deviations (default period is 20) . Like in the academic literature,...