This indicator plots the Expected Move (EM) calculated from weekly options pricing, for a quick visual reference. The EM is the amount that a stock is predicted to increase or decrease from its current price, based on the current level of implied volatility. This range can be viewed as support and resistance, or once price gets outside of the range, institutional...
DESCRIPTION AND OVERVIEW The Average Daily Range is a measure of volatility (typically across 5 days for the FX markets). I originally saw this being used in a trading system called ANTSSYS by Daryll Guppy and some other developers. I couldn't find it anywhere so I decided to build it from scratch. What this does is allow you to measure volatility across various...
REVE stands for ‘Range Extensions Volume Expansions’. It seeks to report the same as the REVE which I published before. However the code uses a different algorithm to find the ‘usual range’ or ‘usual volume’ to which the current range and volume is compared. In the old REVE a function is coded which mimics a median() function.. In this code the median() function...
OVERVIEW The Change of Volatility indicator is a technical indicator that gauges the amount of volatility currently present in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions. CONCEPTS This indicator assists traders in capitalizing on the assumption that trends are more likely...
Opening Range with Infinite Price Targets is an ORB indicator that automatically generates price targets into infinity based on a user-defined % of range. This indicator includes many nice-to-have features missing from other indicators. Such as: Price Target Labels with Price tooltip, want to know exactly what price pt3 is at? Hover over it and see. Custom...
ATR+ Advanced Sessions ATR for Daterange The ATR+ adds the following additional filters to the stock ATR indicator by Tradingview: - Calculates the overall average ATR for a user defined daterange, optionally filtered by trading session and selected weekdays, presented as a secondary line over the standard ATR line. - Basic ATR line, with colour highlight to...
This script is an anchored variation of my "ICT IPDA Look Back" script. Similarly, it calculates ICT's daily IPDA look back time intervals and their respective discount / equilibrium / premium; however, it also applies the Forward Cast IPDA daily ranges. The Forward Cast can be used to estimate the time at which IPDA might initiate a change in institutional order...
The basic math behind this Indicator is very similar to the math behind the Relative Strength Index without using a standard deviation as used for the Relative Volatility Index. The Volatility Range is calculated by utilizing the highs and lows. However not in the same way as in the Relative Volatility Index. This approach leads to different values, but the...
RF+ Replay for Heikin Ashi RF+ Replay for Heikin Ashi generates fully customisable Heikin Ashi candlesticks presented on a standard chart, enabling traders to utilise the Tradingview Replay feature with Heikin Ashi candlesticks when analysing and backtesting HA style strategies. The features of this indicator include: - Fully customisable Heikin Ashi...
↕ ATR - Average True Range + Dynamic Trend w/ Signals | by Octopu$ What is ATR? ATR stands for Average True Range A Technical Analysis Indicator that measures market volatility by decomposing the range of a Security Price in a specific period. The ATR can be used as a High Low Spectrum, As well as a variation of a Moving Average, considering the ranges on a...
OVERVIEW The Keltner Channel Volatility Filter indicator is a technical indicator that gauges the amount of volatility currently present in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions. CONCEPTS This indicator assists traders in capitalizing on the assumption that trends are...
Much is said about the market maker or manipulation of price, but there aren't many indicators that try to show this, until now. Using an easily customisable, but intelligent algorithm, this indicator tries to find and highlight when price is 'ranging', or 'accumulating'. It does this by looking at changes in price and quantifying the strength of the change,...
OVERVIEW The Normalized Volatility indicator is a technical indicator that gauges the amount of volatility currently present in the market, relative to the average volatility in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions. CONCEPTS This indicator assists traders in...
OVERVIEW The Normalized Volume indicator is a technical indicator that gauges the amount of volume currently present in the market, relative to the average volume in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions. CONCEPTS This indicator assists traders in capitalizing on the...
See previous version for explanation of the 30min Opening Range: This new version is for users that prefer to see the Opening Range Extensions. The extensions are based on the distance from the Opening Range High to the Mid Point (or Low to the Mid Point).
Take a look. Couple of confluencial reversal signals from popular indicators (W%R, RSI & CCI). I can only say this shows how random the "stanard tools" are and how the market makers "play" these kind of tools to their advantage. That said. It's better tha average, but not top-class, so expect to have to take signals with other confluence. DON'T take the plots...
Buying and selling pressure is a volatility indicator which denotes the balance between buyers and sellers inside candlestick. You set the length to average it just like ATR. But This offers further break down of participants of the market. Pretty much at any condition of the market the indicator can filter out interesting details to make trading decisions...
RF+ Divergence Scalping System + Custom Signals + Alerts. This chart overlay indicator has been developed for the low timeframe divergence scalper. Built upon the realtime divergence drawing code from the Divergence for Many indicator originally authored by Lonsometheblue, this chart overlay indicator bundles several additional unique features and modifications...