🔮☁️ This is the BASIC version of the PROBABILITY CLOUD indicator. It is an evolution beyond traditional standard deviation probabilistic indicators only using bands or channels. The new PROBABILITY CLOUD graphic representation with customizable transparent layers is based on -2 / +2 standard deviation calculated using 20 fixed predetermined time periods, and is...
Cox-Ross-Rubinstein Binomial Tree Options Pricing Model is an options pricing panel calculated using an N-iteration (limited to 300 in Pine Script due to matrices size limits) "discrete-time" (lattice based) method to approximate the closed-form Black–Scholes formula. Joshi (2008) outlined varying binomial options pricing model furnishes a numerical approach...
GKYZ-Filtered, Non-Linear Regression MA is a Non-Linear Regression of price moving average. Use this as you would any other moving average. This also includes a Garman-Klass-Yang-Zhang Historical Volatility Filter to reduce noise. What is Non-Linear Regression? In statistics, nonlinear regression is a form of regression analysis in which observational data...
This strategy is inspired from Power of Stock aka Subhasish Panni. Target is minimum 1:3 when you get this setup right. Buy when: 1) Low is greater than upper band of BB and next candle breaks high of that candle, SL is Low of previous candle which is has low above upper band. 2) High is lower than lower band of BB and next candle breaks high of that candle, SL is...
We took the code that we wrote in Myth Busting Strategy #6 to make it more profitable, specifically the timeframe adaptive Parabolic SAR logic and published this as a separate indicator to make it easier for others to use and adopt. There really is no magic to this. This indicator basically just evaluates the timeframe and derives a multiplier that is applied...
Overview: One-stop shop for all your divergence needs, including: (1) A single metric for divergence strength across multiple indicators. (2) Labels that make it easy to spot where the truly strong divergence is by showing the overall divergence strength value along with the number of divergent indicators. Hovering over the label shows a breakdown of each...
Description This indicator is an auxiliary indicator of the rate of change between the last closing price and the current closing price, or the rate of change between the previous closing price and the current market price, depending on the option. interpretation This indicator utilizes average regression, which compares the average rate of change over the last...
Not long ago I discovered the TDI(kiss Soxman), but I needed to know where my market was framed so I started tampering with the open source indicators on TV to make one my way, I'm not not a developer, just a trader homeless.
This simple indicator provides you three useful information with Bollinger Bands: How wide the current width (standard deviation) of the Bollinger Band is. Compared to the widths in the past, is the current width relatively small or big? Value is expressed in percentile format. What the "relative position of current price" to the current Bollinger Band...
The following comments and descriptions are from from "Problems in the Application of Jump Detection Tests to Stock Price Data" by Michael William Schwert; Professor George Tauchen, Faculty Advisor. This indicator applies several jump detection tests to intraday stock price data sampled at various frequencies. It finds that the choice of sampling frequency has an...
What makes this different from vwap bands / bollinger bands? This indicator takes a bit of inspiration from bollinger but instead of utilizing built in pine script std dev that uses simple moving average internally, this version replaces that with vwap. Also instead of traditional bollinger band basis of 20 period simple moving average, the basis here for the...
Welcome traveler ! Here is my first indicator I made after 3 days of hardlearning pine code (beginner in coding). I hope it will please you, if you have any suggestion to enhance this indicator, do not hesitate to give me your thoughts in the comments section or by Private message on trading View ! How does it works ? It's a simple MACD strategy as describe...
This script combines and averages Volume-Weighted Moving Averages in a specific way to make a unique ATR band that expands and retracts based on the volume in the current market. This indicator allows for viewing up to 4 VWATR Bands on all the major trading timeframes. This creates support and resistance levels that are fluid enough for traders to use these 4...
The built-in Bollinger Band Width script modified to use the Hull Moving Average as the basis. Hull Moving Averages have much less lag than a regular moving average. Do not assume that regular BB interpretation rules apply to this. This is an experimental indicator at this time.
The built-in Bollinger Band %b script modified to use the Hull Moving Average as the basis. Hull Moving Averages have much less lag than a regular moving average. Do not assume that regular BB interpretation rules apply to this. This is an experimental indicator at this time.
The built-in Bollinger Band script modified to use the Hull Moving Average as the basis. Hull Moving Averages have much less lag than a regular moving average. Do not assume that regular BB interpretation rules apply to this. This is an experimental indicator at this time.
RSI-Adaptive, GKYZ-Filtered DEMA is a Garman-Klass-Yang-Zhang Historical Volatility Filtered, RSI-Adaptive Double Exponential Moving Average. This is an experimental indicator. The way this is calculated is by turning RSI into an alpha value that is then injected into a DEMA function to output price. Price is then filtered using GKYZ Historical volatility. This...
The standard deviation is a measure of how much a dataset differs from its mean; it tells us how dispersed the data are. A dataset that’s pretty much clumped around a single point would have a small standard deviation, while a dataset that’s all over the map would have a large standard deviation. You can. use this calculation for other indicators. Given a sample...