This indicator was intended as educational purpose only for Harmonic Patterns using XABCD Pattern Tool.
Gartley and Butterfly patterns were ideal patterns explained from The Harmonic Trader written by Scott M Carney.
Some values are further updated later in Harmonic Trading: Volume Three, also by Scott M Carney.
The Harmonic Trader book was also known as Harmonic...
The percentage price oscillator (PPO) is a technical momentum indicator.
It shows the relationship between the close of a candle and the highest/lowest point with a specific lenght in percentage terms.
The higher percentage on the values upwards, compared to those downwards, the higher the power of the bull trend.
The higher percentage on the values...
Marubozus are an interesting candle pattern wherein the close and open of the candle are also the high / low points of the candle. In other words, a candle with no shadows or wicks.
How reliable are they, though? Probably not very reliable on their own. It may also depend on the size of the candle. You would probably want to incorporate this candle pattern with...
The Adaptive Laguerre is based on the Laguerre filter, described by John Ehlers in his paper “Time Warp – Without Space Travel”
MAs obtained using a Laguerre filter tend to have much lower lag than MAs obtained from an SMA or EMA.
- Identify market regime (BULL vs BEAR)
- Smooth out a noisy...
Plots the natural log of the price divided by the 20w SMA and 21w EMA, color coded by the Bitcoin price (green if above, red if below). Use this when comparing Altcoins to Bitcoin's performance. Works in daily & weekly timeframes only!
Full Credit goes to LazyBear for publishing Original Code.
Threshold lines that changes the color of Histogram based on if it exceeds Threshold lines. Ability to turn off and on.
Ability to Turn Histogram Off/On
Ability to turn Twiggs Money Flow Line Off/On
This ADX indicator (Average Directional Index) tries to estimate the strength of a trend. The Average Directional Index is derived from the positive (+DI) and the negative directional indicator (-DI). The direction of movement is determined by comparing the highs and lows of the current and past periods.
As soon as the indicator determines a trend strength for...
Introduction to the Bulls and Bears Indicator
HAVE YOU EVER WANTED TO SEE VISUALLY WHO IS IN CONTROL, THE BULLS OR BEARS?
This indicator aspires to make it much easier for the trader to read the market in a clear and concise manner.
This is an easy to use Bulls and Bears indicator that works very simply:
If the closing price is greater than the 20, 50 or 200...
Hi guys, I found this tool very useful and accurate, but can't find it on Trading View, so I made one for myself and everyone here ;)
Alert is available too.
The 2-Year MA Multiplier is intended to be used as a long term investment tool.
It highlights periods where buying or selling Bitcoin during those times would have produced outsized...
A really simple script I made for someone, but also noticed I couldn't find anything like it that's as quick or simple (I may just be dumb)
Simply labels out and alerts you when three consequently higher volume bars appear, pretty useless on its own but for crypto, it works great to quickly notice if some important fundamentals suddenly cause the price to rocket....
Shows bulling engulfing patterns only if above >50 rsi and Shows Bearish engulfing patterns only if above <50 rsi
. Very simple.
Indicator Conditions RSI above 50 overbought/below 50 oversold, price is above/below)
Entry Reasons (eg. a bullish or bearish engulfing candle)
This indicator works with Follow Line Indicator , evaluates the angle for possible additions or reductions of the position. Many settings to play with:
- FOLLOW LINE CURRENT CHART RESOLUTION
- FOLLOW LINE HIGHER TIME FRAME
- FILTER HIGHER TIME FRAME
- NO FILTER HIGHER TIME FRAME
- ANGLE CONFIGURATION
A simple script to filter bull and bear markets by using percentile rank filter. Using market regimes to filter by bull/bear/sideways markets helps to understand how your strategy will
behave in various market regimes and allows you to avoid unprofitable regimes and only trade in profitable ones.
The idea of market regime filtering is used in the most successful...
Altered TSI provides a slightly more volatile signal that demonstrates extremities in price action with greater success than standard TSI. In addition, I added bull/bear cross indicators (green/red) to make it easier to notice the crosses to save time when the market is moving fast (I couldn't find a regular TSI script with this addition). Finally, the...