Everybody, including individuals or large institutions, likes to track annual returns on investments. Measuring returns yearly is a common practice, so why not visualize it directly on the chart? I have built this script to plot percentage grid lines on the chart, and it works like magic. You can clearly see how the chart or prices respect these grid lines. How...
Input Parameters The script has three input parameters: · length: an integer input with a default value of 20, likely used for calculating moving averages or other indicators. · zoneSize: a decimal input with a default value of 1.5, likely used to define the size of the "holding zone". · entryZone: an integer input with a default value of 50, likely used to...
This script builds levels based on the High and Low of the previous trading day; a middle line is also added, which is the average value of these data. The indicator generates a long signal when the High level of the previous day is broken, as well as a short signal when the low is broken. The idea of the indicator is to capture volatility in the crypto market....
This indicator is called "Swing Harmony Indicator" and it calculates the average of the highest high and lowest low prices over a certain period, along with a simple moving average of the closing prices. It then plots these values on the chart, with the color of the average line dynamically changing based on whether the second average is less than or greater than...
1.Description: This script is designed to calculate the limit up and limit down prices for Taiwan stock market securities based on the previous day's closing prices. It incorporates the specific tick size rules used in the Taiwan stock market to ensure accurate and compliant price adjustments. 2.Key Features: Tick Size Rules: The script applies different...
Adaptive Keltner Bands This script uses standard Keltner band calculation. It gets values of 25 different multipliers and looks back to see the average best ideal multiplier based on weather the price pivoted away from the band value. The script then plots red and green crosses based off of if the price crosses over the lower band or under the upper.
This Indicator Plots 12M Swing highs and lows across all time frames It Is best suited for keeping track of the higher timeframe direction
ICMARKETS:XAUUSD Combining the turtle system with the bolinger band It is an indicator created with the intention of supplementing each other's difficult parts to interpret each existing indicator. The 20-day center line replaces the center line of the Bollinger band. Turtle systems and Bollinger bands are actually so famous indicators that I don't think...
The Trend Oscillator indicator is a powerful tool that combines the strengths of Bollinger Bands and Keltner Channels to provide a comprehensive view of market trends and volatility. By integrating these two popular indicators, the Midas BB Trend offers a more nuanced and dynamic analysis of price movements, helping traders make more informed decisions. Key...
Hi, I have created Artharjan Day Trading Range indicator that plots the Intraday Trading Range for the day based on past 5 Days ATR value and takes 50% of that value and plots it above and below the current day's opening price. If current day close crosses above the Upper Level then we may see a Bullish trend otherwise Bearish trend can be seen. If the price...
This is a new indicator that detects double inside bars with the condition that their base bar is either shifted above or below (i.e. both base bar's high and low are higher or lower than the mother bar's high and low respectively) it plots lines at the top and bottom of the mother bar and 2 TPs above and 2 TPs below.