What does this chart show? Take the highest high and lowest low of 200 bars. Divide that into 20 chunks. The more time the price spends in one of those 1/20th pockets, the brighter it is lit up on the chart. Number of bars back can be modified to around 500. It starts to chug beyond that. Brightness level of heat map can be adjusted. 0.5 is default. 1 = brighter,...
The Percentile Nearest Rank Rainbow Overlay (PNRV) is an indicator for the TradingView platform that aims to visualize the ranking of a given source data within its own percentile range.
The PNRV indicator takes a single input, "src", which is the source data that the indicator will operate on. This input can be any series of data, such as stock prices, volume,...
Range Filter Buy and Sell 5min - the @guikroth version, republished.
Since this popular version of the Range Filter is no longer available via the original author, I republish it here under the same name.
This version remains true to the guikroth version from the calculations to the default settings and comments in the code, with the exception of an update to...
This indicator combines the McGinley Dynamic and Donchian Channels by taking the lowest and highest values over a set length (defaulted to 14) then applying the McGinley Dynamic math to these values. The upper range is denoted by a green line while the lower range is denoted by a red line. Additionally, standard deviations of 1, 2, and 3 have been put in place...
This is the Impulse indicator that allows you to receive alerts in the case one of the following situation occurs:
1) Buy Setup
- Price above Exponential Moving Average 260
- Moving Average 21 above Exponential Moving Average 260
- Moving Average 9 above Moving Average 21
- RSI(14) above 50
- Stochastic equal or below 20
2) Sell Setup
- Price below Exponential...
The Binomial MA Bands is a simple and straightforward trading tool that uses a binomial distribution to calculate the moving average and standard deviation of a given price series. It allows users to adjust the length of the moving average and the multiplier for the standard deviation, providing some flexibility in its usage. However, it should be noted that the...
The Oscillator Extremes indicator plots the normalized positioning of the selected oscillator versus the Bollinger Bands' upper and lower boundaries. Currently, this indicator has four different oscillators to choose from; RSI, CMO, CCI, and ROC.
When the oscillator pushes towards one extreme, it will bring the value of the prevailing line closer to zero. If...
Long/short strategy that identifies extreme readings on the rsi as a *momentum signal*, unlike most RSI strategies the script will look to buy or sell the first pullback in the direction of the extreme RSI reading.
Enters positions on the first pullback to the 5ema(low)/ 5ema(high) and exits at rolling 12 bar high/ low. The rolling high/ low feature means that if...
How do I use it?
Never use this indicator as standalone trading signal, it should be used as confluence.
It is highly recommended to use this indicator on the 15m timeframe and above, try experimenting with the inverse feature and multipliers as well.
When the price is above the moving average this shows the bullish trend is strong.
When the price is below...
This indicator uses bands to show the trend of other bands.
The middle bands are used to show the price trend and the other bands are for the middle bands.
The Spike and Plunge bands can also act as a sort of "Bollinger Bands" for middle bands, though not exactly.
----- HOW TO USE IT -----
Zoom out in the 30 minute chart. Use 15 minute chart to pinpoint your...
This indicaor is draw time(ex 09:15 nifty 50) high and low of candle ..
for buy condition -
1) when price is crossing time candle high open a long trade
2) check for condition is this trade open less thn previous trade
if both condition are true thn open a buy trade
for sell condition -
1) when price is crossing time candle low open a short trade
2) check...
Level 2
Background
A algo for pivot points forecast for each bar of automatic multiple timeframe (MTF) data.
Function
In financial markets, a pivot point is a price level that is used by traders as an indicator of market movement. Pivot points are averaged from important prices (highest, lowest, closing) based on the market performance of the previous time...
Level 2
Background
A algo for pivot points forecast for each bar and its low tf data.
Function
In financial markets, a pivot point is a price level that is used by traders as an indicator of market movement. Pivot points are averaged from important prices (highest, lowest, closing) based on the market performance of the previous time period. There are many...
Investing Zones indicator shows the areas where LONGS or SHORTS can be made, the areas are calculated based on the mathematical averages of the high and low peaks of the price.
-There is an area called "No trading Zone" where the price is too slow, It also has a Alma Trend Ribbon (blue for uptrend, pink for downtrend) that helps to make trading decisions.
-You...
This is my own Twist on Larry Connors Simple Tradingideas.
It Combines the RSI, Averaging In and the Lowest Bars in a Single System.
The current Configuration is designed for the Daily Timeframe.
Feel free to play with the Parameters and keep in mind that Larry Intended to buy fear and sell the greed!
The Rules are the following:
---Buy---
Buy, if the lowest...
The original indicator was created by alexgrover .
All credit goes to alexgrover for creating the indicator that this strategy uses.
This strategy was posted because there were multiple requests for it, and no strategy based on this indicator exists yet.
The Recursive Bands Indicator, an indicator specially created to be extremely efficient, I think you...
![BTCUSD: [blackcat] L2 Auto MTF Pivot Forecast](https://s3.tradingview.com/r/Rg5QgNQE_mid.png "[blackcat] L2 Auto MTF Pivot Forecast")
![BTCUSD: [blackcat] L2 Low TF Pivot Forecast](https://s3.tradingview.com/j/jt0xXGIU_mid.png "[blackcat] L2 Low TF Pivot Forecast")
