Overview, Features, and Usage:
The Zig Lines with Percent & Value is an indicator that highlights the highest and lowest points of the market from pivot points and zigzag lines based on the ZigZag Period setting. By a default value of 13 for the ZigZag Period this works well on Bitcoin or other alt coins on the 1 hour or higher timeframe charts.
What makes this...
This is an updated version of user Algokid's script called 'AK MACD BB INDICATOR V 1.00'. You can find that original script here:
I added many alerts along with the Bullish and Bearish alerts when the MACD crosses over the Upperband or crosses down on the Lowerband.
I personally use this...
This is an experimental study which calculates a linear regression channel over a specified period or interval using custom moving average types for its calculations.
Linear regression is a linear approach to modeling the relationship between a dependent variable and one or more independent variables.
In linear regression, the relationships are modeled using...
Based on Dow Theory, a series of successive higher highs (HH) and higher lows (HL) is the sign of an uptrend (bull trend) and a series of successive lower highs (LH) and lower lows (LL) is the sign of a downtrend (bear trend).
So this script indicates the trends using the concept and draws corresponding trend lines.
It took some effort to make it possible for...
In Finance, people usually assume the price follows a random walk or more precisely geometric Brownian motion. In 1988, Lo and MacKinlay came up with the variance ratio test to refute the random walk hypothesis and efficient market hypothesis. The variance ratio test is a simple test for market efficiency, autocorrelation, and whether price follows a random walk....
This script was created in collaboration with alexgrover and displays a simple & elegant panel showing the direction of simple moving averages with periods in a user-selected range (Min, Max). The displayed number in the panel is the period of a simple moving average and the symbol situated at the right of it is associated with the direction this moving average...
Time Segmented Volume was developed by Worden Brothers, Inc to be a leading indicator by comparing various time segments of both price and volume. Essentialy it is designed to measure the amount of money flowing in and out of an instrument.
Time Segmented Volume was originally ported to TradingView by user @liw0 and later corrected by user @vitelot. I never...
This indicator paints the background of the chart between 2 EMAs when all 3 given EMAs are in sync.
The default settings are:
Long-term EMA: 200 Period.
Short-term EMA 1: 50 Period.
Short-term EMA 2: 20 Period.
So according to the default settings, when the 20EMA is above the 50EMA, and the 50EMA is above the 200EMA, the area between the 20EMA and the...
Though it may sound complex, the Vortex Indicator is essentially an uptrend line and a downtrend line. The vortex indicator can be used for a variety of purposes, including tracking the strength of trends, identifying/anticipating reversals, and generating entry/exit signals. It’s calculation is shown in the open-source code below.
To reduce the number of...
It is possible to use progressive position sizing in order to recover from past losses, a well-known position sizing system being the "martingale", which consists of doubling your position size after a loss, this allows you to recover any previous losses in a losing streak + winning an extra. This system has seen a lot of attention from the trading community...
I have been away for a while but am recovering back gradually! Here is a gift to all of you.
It is based on the much loved ZigZag++ Script
The Semafor is used to spot future multi-level Supports and Resistance zones.
It is also useful to spot HL or LL or HH or LH zones at different Depth settings.
The red zones are the extreme places where...
Consolidation Range Analysis
Published by Eric Thies, January 2021
█ Indicator Summary
This tool calculates, analyzes and plots the visualization of a relative range over a given period of time
By adding to charts, users are enabled to see the impulsive nature of market cycles, along with their efforts to consolidate thereafter
A powerful indicator that gives you information about trend direction and strength. It gives you buy signal when both lines are green and sell signal when both lines are red. The indicator adapts automatically to your resolution (for example if you see charts hourly it adapts to hourly timeframe), but you can turn off this option and set different resolution...
This is the strategy of Super Trex that i put as open source before
i just add option for non security MTF and take profit steps as i shown before
for different coins or assets you need to set different parameters
VWAP is primarily used by technical analysts to identify market trends.
This design is more intuitive
green: Bullish Trend
red: Bearish Trend
El VWAP lo utilizan principalmente los analistas técnicos para identificar las tendencias del mercado.
Este diseño es mas intuitivo
I didn't find a BB stops indicator on TV, so I wrote one myself.
You can select various ma types as a base anchor for the calculations.
This indicator can have various use cases similar to Supertrend or Parabolic SAR: as a trend indicator, as a training stop loss,...