# Quarterly Rolling VWAP Indicator This custom indicator calculates and displays a Volume-Weighted Average Price (VWAP) that resets at the beginning of each quarter, providing traders with a medium-term perspective on price action relative to trading volume. ## Key Features: 1. **Quarterly Reset**: The VWAP calculation automatically resets at the beginning of...
Average Down Calculator is an indicator for investors looking to manage their portfolio. It aids in calculating the average share price, providing insights into optimizing investment strategies. Averaging down is a strategy investors use when the price of a security they own goes down. Instead of selling at a loss, they buy more shares at the lower price to reduce...
1. Indicator Title: The indicator is named "3 EMA with Inside Candle and Crossover by Ashu4750", suggesting it calculates three Exponential Moving Averages (EMAs), detects inside candle patterns, and plots crossovers. 2. Inputs for EMA Periods: You have three user-defined inputs for EMA periods: EMA Period1 is set to 9 by default. EMA Period2 is set to 21 by...
Here's a detailed presentation of the Average Daily Range (ADR) indicator, with a focus on its advantages compared to the classic ADR, its unique features, utility, and interpretation: Advantages Compared to Classic ADR 1. Logarithmic Scale: Unlike the classic ADR, which uses a linear scale, this version uses a logarithmic scale for calculations. This approach...
NEXT BAR Percentages Indicator This Pine Script code implements the "NEXT BAR Percentages" indicator, designed to analyze and display percentage changes between consecutive bars on a TradingView chart. The script provides valuable insights into how percentage changes in price behave after significant price movements, aiding traders in identifying potential...
Envelope with Kernel Selection Indicator Overview The "Envelope with Kernel Selection " is a versatile technical analysis tool designed to help traders identify market trends and trading signals. This indicator allows traders to spot signals in two primary ways: through the plotshape markers, which indicate specific price crossovers, and via the background...
Heartbeat Momentum Strategy Beta Overview The Heartbeat Momentum Strategy is an innovative approach to market analysis that draws inspiration from the rhythmic patterns of a heartbeat. This strategy aims to identify significant momentum shifts in the market by comparing short-term and long-term moving averages, analogous to detecting irregularities in a...
🔵 Introduction Research by H.M. Gartley and Scott Carney emphasizes the importance of harmonic patterns in technical analysis for predicting market movements. Gartley's work, particularly the Gartley 222 pattern, is detailed in his book "Profits in the Stock Market" and relies on the specific placement of points X, A, B, C, and D. 🟣 Defining the Gartley...
This indicator combines simple pivot detection with market breadth ratios. The thought was to show market breadth strength or weakness where price was making potential pivots. Lookback can be adjusted and currently it supports NYSE and NASDAQ market breadth. Configuration is limited given the simplicity but live breadth printout can be displayed at current...
Creating a "Retest Confirm Point" indicator that generates buy and sell signals involves defining criteria to confirm that a price retest is valid before issuing a trade signal. This generally requires identifying a key level (such as support, resistance, or a trendline), detecting a retest of this level, and then confirming the validity of the retest. Here’s a...
The Session Countdowns indicator is a powerful tool designed for traders who want to keep track of multiple trading sessions throughout the day. This indicator allows users to customize and monitor up to four different trading sessions with real-time countdowns until the session starts and ends. Customizable Sessions: Define up to four trading sessions with...
This script allows you to manually highlight specific periods on a chart, making it easy to visualize significant market events such as recessions, market crashes, or other key timeframes. Unlike traditional indicators that are based on price movements, this script provides a flexible way to mark any custom date range directly on your Trading View...
Guide to the Risk Appetite & Directional Bias Indicator This indicator is a tool designed to capture the relationship between Bitcoin and the S&P 500 (but could be any two assets of your choice, theoretically). This post aims to provide a detailed overview of the logic, components, and implementation of the indicator. 1. Introduction This indicator leverages...
The "MVSF 6.0 " indicator, which stands for Multi-Variable Strategy Framework, overlays on price charts to aid in trading decisions. It combines various moving averages and volume data to generate buy and sell signals based on predefined conditions. Key features of the indicator include: Moving Averages: It uses three exponential moving averages (EMAs) with...
Certainly! Here’s an enhanced description of the Gabriel's Relative Unrealized Profit with Dynamic MVRV Histogram indicator with detailed usage instructions and explanations of why it's effective: Gabriel's Relative Unrealized Profit with Dynamic MVRV Histogram Description: The Gabriel's Relative Unrealized Profit with Dynamic MVRV Histogram is an advanced...
Cumulative Volume Delta Line (CVD) Overview: The Cumulative Volume Delta (CVD) indicator offers a clear and insightful analysis of market sentiment by measuring the net difference between buying and selling volumes. It tracks the cumulative volume of trades where the closing price is higher (indicative of buying) versus lower...
Originality and Usefulness The "Supertrend with Extreme Signals" indicator is an innovative tool I've developed to combine the strengths of the Supertrend indicator with the RSI (Relative Strength Index). This combination enhances the accuracy of entry and exit signals, making it more useful for traders looking to gain a comprehensive understanding of market...
The Sticky Moving Average is a custom indicator designed to provide a unique smoothing effect by combining different moving averages derived from a single base period. This indicator creates a single line on the chart, representing the average of the following three moving averages: 1. X-period Simple Moving Average (SMA): A traditional moving average that...