The "Third-order moment" indicator is designed to help traders identify asymmetries and potential turning points in a financial instrument's price distribution over a specified period. By calculating the skewness of the price distribution, this indicator provides insights into the potential future movement direction of the market. User Parameters: - Length:...
This is ema 9 and ema 20 strategy , when ema 9 crosses 20 it shows buy signal and if it cross down it shows sell signal
The indicator is designed to display dynamic and static key market levels, including Opening Range Breakout (ORB) levels, Initial Daily Range (IDR), and other important session levels. It offers extensive customization to accommodate a variety of trading strategies and sessions, all while providing an adaptable user interface for traders to personalize their...
This is a volume performance table that compares the volume from the previous trading day to the average daily volume from the previous week, month, 3-month, 6-month, and 12-month period in order to show where the rate of change of volume is contributing to the price trend. For example, if the price trend is bullish and volume is accelerating, that is a bullish...
Bullish Triangle Detection: A bullish triangle is identified when the highs are flat or increasing and the lows are rising, signaling an upward trend. The script uses ta.crossover for rising lows. If a bullish triangle is detected, a green triangle (▲) is plotted above the price. Bearish Triangle Detection: A bearish triangle is identified when the highs are...
This Pine Script calculates the average volatility over the past 20 bars by taking the difference between the high and low prices. It then adjusts this volatility based on the previous closing price: if the price is below $20, the volatility is multiplied by 2, and if it’s above $20, the volatility is multiplied by 1.5. The adjusted volatility is then plotted on...
EMA14 Crossover Strategy with Conditional BUY/SELL Alerts This powerful script provides dynamic BUY and SELL alerts based on the interaction between price action and the EMA14 (Exponential Moving Average 14). Ideal for traders looking to capitalize on trend reversals and breakout patterns, this indicator helps you time entries and exits with precision. Key...
ROC is a statistical indicator which tracks how much a security's price has changed over a certain period, showing whether momentum is picking up or slowing down. It’s a handy tool because it helps traders spot trend changes and understand how strong a trend is. My ROC3 indicator will color the candlesticks based on the Rate of Change (ROC) and its Exponential...
The *Custom Swing Points* indicator is a tool designed to detect and visualize key swing highs and lows in price action. By analyzing local peaks and troughs based on a specified look-back period, the indicator helps traders identify potential reversal points in the market. These swing points can be used to refine entries, exits, or track the overall trend...
An indicator which helps traders decide when to get in on a trade
this indicator is designed to help traders identify potential entry and exit points based on RSI divergence patterns, enhancing traditional RSI analysis.
SMA Angle Alerts Overview: The "SMA Angle Alerts" indicator measures the angle of the Simple Moving Average (SMA) over a specified number of bars, helping traders identify when the market is gaining or losing momentum. The indicator provides real-time alerts when the angle of the SMA crosses user-defined thresholds, indicating strong upward or downward movements...
I listened to the same song on repeat for 3 hours coding this
"Forex Macro Metrics " is a powerful tool for analyzing macroeconomic metrics, designed to help traders make more informed decisions in the forex market. This indicator displays key economic indicators such as interest rates, money supply (M1 and M2), unemployment rate, and government debt for various currencies and their pairs, allowing users to assess the...
The simplest trading framework is using moving average. This indicator is harnessing that very method. What It Does: This indicator helps you see market trends at a glance by changing the color of the candlesticks based on the relationship between two Exponential Moving Averages (EMAs). When the 9-period EMA is above the 21-period EMA, candlesticks turn green,...