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 Binomial MA is a custom moving average indicator that uses a binomial distribution to calculate the moving average of a given price series. This allows for a more flexible and customizable moving average that can be tailored to different market conditions and trading strategies.
One key advantage of the Binomial MA is that it allows for more fine-tuned...
This indicator is created for user to identify BIG CANDLE "BC" in order to identify momentum in the chart.
Big candle is identify by size of the body candle (body size = |open - close|). The script will compare previous size of 20 candles and will plot "BC" if the body size candles is bigger compared to 20 body candles before.
"BC" in Green color = Bullish Big...
The Gaussian moving average (GA) is a technical analysis tool that is used to smooth out price data and identify trends. It is similar to a simple moving average (SMA), but instead of using equal weights for each value in the calculation, it uses a Gaussian distribution to assign weights. This means that the values at the edges of the calculation window have lower...
The pine script shown in the code is an indicator that calculates the volatility-adjusted exponential moving average (VAEMA) of a given data series. The VAEMA indicator uses a variable alpha value in the EMA calculation, with the alpha value being inversely proportional to the volatility of the data. This allows the VAEMA indicator to provide a more accurate...
As promised, here is the buyer to seller volume indicator!
About it/How it works:
The indicator tracks buying and selling volume. It does it simplistically but effectively simply by looking at red vs green candles and averaging out the volume of each respective candle.
It uses the SMA of buying/selling and overall volume to track buyers to sellers and also...
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...
This pine script calculates the triple exponential Hull moving average (THMA) of a given data series. The THMA is a type of moving average that is calculated using the exponential moving average (EMA) of the data. In this script, the ema() function is used to calculate the EMA of the data three times, with different lengths for each calculation. The resulting...
The pine indicator is a script for technical analysis of stock market data. It calculates the direction and magnitude of a moving average, and plots the result on a chart. The length of the moving average is specified by the user as an input parameter. The script uses the simple moving average (SMA) function from the TA-Lib library to calculate the average of the...
█ OVERVIEW
If you are a scalper who typically takes positions within a certain range, this indicator can help you quickly and easily determine whether your target is within that range.
It displays a specified number of pips above and below the current price, allowing you to quickly and easily see whether your target falls within the desired area.
This eliminates...
Description:
This script shows an example use of new Pinescript's feature called User Defined Types, which can be seen as analogue of from C++ or from Python. It is not an indicator for technical analysis, and serves only as an example of how to use the new feature mentioned above.
In the script I define 4 custom types and a custom initialisation function for...
This Pine Script code defines an indicator called "Daily Reset CWEMA" that plots a custom weighted moving average on a chart. The indicator takes three inputs: a source series (usually the close price of a security), a length parameter that specifies the number of periods over which the moving average is calculated, and a style parameter that specifies the type of...
This Pine Script code defines an indicator called "CWTEMA" that plots a custom weighted triple exponential moving average (TEMA) on a chart. The indicator takes two inputs: a source series (usually the close price of a security) and a length parameter that specifies the number of periods over which the moving average is calculated.
The code first defines a tema()...
This is a Pine Script for the "Cumulative Weighted Exponential Moving Average" (CWEMA) indicator. The script defines the CWEMA indicator using the ema() and wma() functions, which respectively calculate the exponential moving average and weighted moving average of a given data series. The cwema() function computes the weights for each value in the moving average...
This is a pine script that defines and implements a custom weighted moving average (WMA) indicator. The script first defines a function called wma that calculates the weighted moving average of a given data source (src) with a specified set of weights (weights) over a specified length (len). The wma function first computes the weighted sum of the source data by...
This indicator shows when user set sessions are active and returns various tools + metrics using the closing price within active sessions as an input. Users have the option to change up to 4 session times.
The indicator will increasingly lack accuracy when the chart timeframe is higher than 1 hour.
Settings
Sessions
Enable Session: Allows to enable or...
![BTCUSDTPERP: [-_-] Custom Type Examples](https://s3.tradingview.com/o/O4Yoa0zC_mid.png "[-_-] Custom Type Examples")
![GBPUSD: Sessions [LuxAlgo]](https://s3.tradingview.com/b/bkb6vZDz_mid.png "Sessions [LuxAlgo]")
