Hello everyone! For those who remember vola2vola volatility script, we are excited to bring it back within the Myfractalrange Tradingview account! As you know, Volatility is very important to assets and many people use it to trade. This tool automate the calculation of the volatility of every asset as well as provide an estimated value of its "Trend" and...
The Volatility Speedometer indicator provides a visual representation of the rate of change of volatility in the market. It helps traders identify periods of high or low volatility and potential trading opportunities. The indicator consists of a histogram that depicts the volatility speed and an average line that smoothes out the volatility changes. The histogram...
The Golden pattern is a three-candlestick configuration based on a variation of the golden ratio (2.618) from the Fibonacci sequence. The bullish Golden pattern is composed of a normal bullish candlestick with any type of body, followed by a bigger bullish candlestick with a close price that is at least 2.618 times the size of the first candlestick (high to low)....
█ Concept Overview The Inner Circle Trader (ICT) methodology is focused on understanding the actions and implications of the so-called "smart money" - large institutions and professional traders who often influence market movements. Key to this is the concept of market structure and how it can provide insights into potential price moves. Over time, however,...
Hello Traders, I have some exciting news to share with you all! Recently, I came across an incredible RSI divergences indicator developed by Socrate_FR. This indicator, in my opinion has an exceptional accuracy in detecting RSI divergences. However, during my exploration of other indicators in the TradingView library that display signals on the price chart, I...
The Chop and Trend Index (CTI) is a unique indicator that provides a different perspective on market conditions compared to traditional oscillators. It is designed to identify periods of market chop and strong trends, and it does so by combining two key components: the number of halfback taps and the strength of the trend. The CTI is calculated by first...
Japanese below / 日本語説明は下記 This indicator shows MACD with its colors changing based on trend strength. The purpose of this indicator is to visually understand phases of trends, which are beginning, advancing and ending, measuring the range between MACD line and signal line. Since MACD is originated from moving average, the range between MACD line and signal line...
The rule of 40 is a popular metric for measuring the quality of SaaS companies. It measures growth and profitability. Companies are considered good if this sum is above 40. It is the sum of the year over year sales growth and profit margin. Rule of 40 = YoY sales growth + profit margin
1. Overview I'll explain a strategy that uses the simple but powerful technical analysis techniques RSI, MA, VOLUME, and RSI Divergence to identify Buy/Sell signals. This strategy utilizes Pine Script of TradingView. Our strategy is based on four fundamental components. - RSI (Relative Strength Index) - MA (Moving Averages) - Volume - RSI Divergence By using...
Library "MyCandleLibrary" TODO: Candle Pattern Library IsEngulfingCandle(n, trendRule) TODO: Identify Bullish Engulfing Candle Parameters: n (int) : TODO: Candle Number trendRule (string) Returns: TODO: If Identify Bullish Engulfing candle return True otherwise False
Welcome to the NDR 63-Day QQQ-QQEW ROC% Spread script! This script is a powerful tool that calculates and visualizes the 63-day Rate of Change (ROC%) spread between the QQQ and QQEW tickers. This script is based on the research conducted by Ned Davis Research (NDR), a renowned name in the field of investment strategy. ⚙️ Key Features: 👉Rate of Change...
The XLY Chart if TESLA and Amazon are removed. This indicator shows what the XLY value would be (hypothetically) if you could remove Tesla and Amazon from the price.
Indicator that identifies the classical candlestick patterns for markets that are open 24/7 like the crypto market. Why? because those markets don't gap, so many patterns won't need to gap to be valid. Also, the theoretical rules about the patterns are very strict but it is to the discretion of the trader or technical analyst to decide if the patterns are yet...
This the premium version of my MTF Layered RSI strategy, which improves significantly on the original strategy (publicly available on my profile). Improvements are below. This strategy will also appear as an overlay on your chart. It is completely non-repainting. The MTF Layered RSI strategy uses the current timeframe and two configurable higher timeframes to...
Helps users track their position and profit/loss in real-time. Instructions : Open the indicator settings Input your Quantity, Buy Price, Fee, and Target Price This indicator is designed to provide users with simple real-time tracking of their positions and profit/loss within a trading session. It offers clear and concise information that enables...
This script visualizes certain key values based on a 4-hour timeframe of the selected market on the chart. These values include the High, Mid, and Low price levels during each 4-hour period. These levels can be helpful to identify inside range price action, chop, and consolidation. They can sometimes act as pivots and can be a great reference for potential...
SwingConfidence is a scoring system that helps us quantitatively manage risk & position size in swing trading. SwingConfidence uses T3 moving average to determine the swing state in which the instrument is in. So, this is supposed to be used with my previously posted Simple Swing with T3MA indicator . The T3MA ribbon consists of a fast and a slow moving...
For all who swear by and trade using VWAP, this is a modification of the same. The current settings are set for NSE:BANKNIFTY , however this can easily be changed for NSE:NIFTY *** How is this indicator different ? *** This indicator color codes the VWAP on NSE:BANKNIFTY basis the price movement of top 6 NSE:BANKNIFTY constituents with respect to their...