This indicator is based on the 5 8 13 simple moving average strategy of strategist Selçuk Gönençler. The indicator shows buy and sell signals when favorable conditions occur. ══ H O W T O U S E ══ Above 5-8-13 - Confirmed hold/buy 5 below (8-13 above) - Be careful, lose weight but don't run away. Below 5-8 (above 13) - Risk has begun. Don't be stubborn. 13...
Two Elements in this script: Alerts: These are notifications that draw your attention to specific market conditions. There are two types: RSI Higher Lows or Lower Highs: This alert triggers when the Relative Strength Index (RSI) forms higher lows or lower highs. RSI Exiting 30 (Up) or RSI Exiting 70 (Down): These alerts activate when the RSI crosses the...
The "VWMA/SMA Delta Volatility (Statistical Anomaly Detector)" indicator is a tool designed to detect and visualize volatility in a financial market's price data. The indicator calculates the difference (delta) between two moving averages (VWMA/SMA) and uses statistical analysis to identify anomalies or extreme price movements. Here's a breakdown of its...
This indicator is a visual representation of the VWAP (Volume Weighted Average Price), it calculates the weighted average price based on trading volume. Essentially, it provides a measure of the average price at which an asset has traded during a given period, but with a particular focus on trading volume. In our case, the indicator calculates the VWAP for the...
The standard MFI oscillator but with its own SMA that matches the MFI length (default: 14)
The "Momentum Channelbands" is indicator that measures and displays an asset's momentum. It includes options to calculate Bollinger Bands and Donchian Channels around the momentum. Users can customize settings for a comprehensive view of momentum-related insights. This tool helps assess trend strength, identify overbought/oversold conditions, and pinpoint...
Anchored Moving Average? An anchored moving average (AMA) is created when you select a point on the chart and start calculating the moving average from there. Thus the moving average’s denominator is not fixed but cumulative and dynamic. In this indicator, I've provided three different types of Anchored Moving Averages, viz., WMA, SMA and VWAP. WMA is relevant...
The Pro Momentum Calculator Indicator is a tool for traders seeking to gauge market momentum and predict future price movements. It achieves this by counting consecutive candle periods above or below a chosen Simple Moving Average (SMA) and then providing a percentage-based probability for the direction of the next candle. Here's how this principle works: 1....
This is a pretty simple concept that we were asked to put together. It uses 6 Moving Averages, and takes the average of each one, then averages them all together. If you don't want to use 6, and only 3 for example, then just enter the same length in two of the input fields as pairs. Example: For 6, you could use 10, 20, 30, 40, 50, 60 For 3, you could use 10,...
This indicator can be used for moving average strategies based on a EMA trigger over MAs (SMAs) : MA1 , MA2 , MA3 . Based on those crossings, the background color will change for the upcoming candle showing green for upper crossing change (the more MA are crossed, the darker is the background). Order and priority of background colors : 1/ EMA x MA1 2/ EMA x...
This script plots the Moving Average Convergence Divergence and it takes into account the percentage of the Simple Moving Average difference according to the Last Close price. This helps in getting a comparable output of the MACD graph which can be used across all the scripts under different time frames, so it makes comparison standardized.
This simple indicator calculates the absolute size of the candle by the open and close or high and low values and then plots it on a histogram. It also features a simple moving average with a customizable lookback to track the average candle size based on your lookback. This indicator can be used to spot unusually large or small candles. And can also be used for...
"Moving Average Continuity," is designed to compare the position of two Moving Averages (MAs) across multiple timeframes. The user can select three timeframes and determine the length and type of both a fast and slow moving average. The indicator will display a small table in a user selected location. This table helps traders quickly determine if, for their...
rsi ve sma'nın kesiştiği dönemlerde yükseliş ve düşüş dalgalarını bulmaya yarıyan indikator En ideal kullanım 8e 8 değerleri
This script is a trading strategy that combines the Vortex Indicator and a Moving Average (MA) to generate potential entry signals for long and short positions. 1. Vortex Indicator: The Vortex Indicator consists of two lines: Vortex Positive (VIP) and Vortex Negative (VIM). It is designed to identify trend direction and measure the strength of a trend. 2. Moving...
20/200MAs Shows 20 and 200 MAs in each TFs(tfChart,1 Lower and 4 Higher). TFs: current TF Lower TF (default: lower1) Higher TF1 (default: higher1) Higher TF2 (default: higher1) Higher TF3 (default: higher1) Higher TF4 (default: higher1) MAs: 20MA (default: sma) 1st 200MA (default: sma) 2nd 200MA (default: ema) VWAP (optional) ...
Library "GalacticS2021" printLbl(y, x, c, m, b) Parameters: y (float) x (int) c (color) m (string) b (bool)
Indicator that compares the closing price of an asset vs a simple moving average as a mechanical swing trading strategy. It allows the user to set any asset and timeframe for the strategy, which can be different from those the user is currently viewing. The strategy also allows the user to set an upside and downside tolerance so that retests within a few % of the...