BCHBTC this crypto instrument is testing the major trendline These Alerts keep traders motivated, monitor more than one instruments with ease Instead of continuously watching the chart(s), send alerts to your email or sms your phone. Utilize these Alerts in synchronicity with our Candles,and Momentum Oscillator maximize your true potential now with technology...
A Z-score is a numerical measurement of a value's relationship to the mean in a group of values. If a Z-score is 0, it represents the score as identical to the mean score. Z-scores may also be positive or negative, with a positive value indicating the score is above the mean and a negative score indicating it is below the mean. Positive and negative scores also...
Use this custom indicator for free to help you find good entries and exits while day or swing trading. It also works well with longer time frames. Add it to your favorites to use it. If you have any feedback, feel free to leave a comment or click the like button. If you would like to talk about scripting and bots, feel free to join my discord: discord.gg
Support Resistance points that are calculated based on the standard deviation of the traditional pivot point(previous session's high, low and close). More often stocks tend to oscillate between 3 levels of deviation forming day's high or low. A breakout of the 3rd SR level with volume indicates a strong trend day.
An indicator inspired by the Renko chart.Instead of using a static box size we use standard deviation, this make the indicator more reactive to the market state. If the indicator show no values then you have to round the price to the nearest integer, for that use the round parameter. Hope you enjoy :)
This latest editon in the series of -=The Script=- The pre-weighted values are optimized for crypto and this one uses a custom indicator: • Heartbeat Indicator The settings for this strategie use: • Chart Period • Strategy Period • Signal Lenght • Aggressiveness DISCLAIMER: The creators of these script are not financial advisors, and as...
Corrected Relative Volatility Index. This indicator was originally developed by Donald Dorsey (Stocks & Commodities V.11:6 (253-256): The Relative Volatility Index). The indicator was revised by Dorsey in 1995 (Stocks & Commodities V.13:09 (388-391): Refining the Relative Volatility Index). I suggest the refined RVI with optional settings. If you disabled...
Excelente indicador a mi parecer, bastante complejo pero muy bien acoplado; dejo aquí las fuentes para aprender a utilizarlo: www.x-trader.net www.x-trader.net www.x-trader.net www.x-trader.net
Welcome to the second version of the BBLathe! This shows Bollinger Bands centered on a horizontal basis, to make it easier to see how volatility is changing and identify squeeze opportunities. By default Bollinger bands are calculated using an exponential moving average and an improved higher precision stdev implementation, but this can be disabled. Version 2...
I was curious to see what Pine uses to accumulate numbers. It looks like it uses the simple "add em up" approach, rather than a compensated summation. This means that especially for large numbers, there is an inherent error amount. This script implements the Kahan Summation Algorithm, also known as compensated summation. en.wikipedia.org This is part 2 of my...
While trying to figure out how to make the STDEV function use an exponential moving average instead of simple moving average , I discovered the builtin function doesn't really use either. Check it out, it's amazing how different the two-pass algorithm is from the builtin! Eventually I reverse-engineered and discovered that STDEV uses the Naiive algorithm and...
This strategy combines the idea of a bullish or bearish candle engulfing coupled with standard deviation (a 100% increase or a 50% decrease). The exit condition is placed if the percentage increase is achieved or 35<rsi<65. The strategy requires refinement so please test the script and let know what can be incorporated to improve the efficiency.
The same as my previous Exponential Bollinger Bands script, but now you can set a desired offset for the indicator. I have published this as a new script that way those who prefer the old script can continue to use it without seeing any changes.
This is a simple gauge of volatility using the Coefficient of Variation. COV is calculated by dividing standard deviation of price by the expected (average) price. Custom color scheme indicates increases and decreases in volatility, which is indicated when the COV forms new half period highs and lows.