Prices high above the Moving Average (MA) or low below it are likely to be remedied in the future by a reverse price movement as stated in the article by Denis Alajbeg, Zoran Bubas and Dina Vasic published in International Journal of Economics, Commerce and Management
This study is the third variant that aims to present this idea, and the output of the study is...
The script is inspired by user NickbarComb, I suggested checking out his Price Convergence script.
Basically, this script plots a table containing the probability of the current candle closing either higher or lower based on user-define past period.
Hope that it will be helpful.
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OrderBlocks are areas where Banks take a Short or Long position. So they create a movement that they would like to hide from us, but luckily for us they cannot. Take the example of Banks opening Short position for x reason. The Trend is already Bearish. The Price will fall and then make a Reversal
(most often to the price where they opened their...
The Adaptive Laguerre is based on the Laguerre filter, described by John Ehlers in his paper “Time Warp – Without Space Travel”
forex-station.com
MAs obtained using a Laguerre filter tend to have much lower lag than MAs obtained from an SMA or EMA.
Use cases:
- Identify market regime (BULL vs BEAR)
- Smooth out a noisy signal (e.g. apply to RSI, prices, log...
This indicator shows the Pearson correlation coefficient between different periods of one financial instrument. Two dates are set, which are the starting points of two series, between which the correlation coefficient is calculated. The correlation period is taken from the difference of the current date from the second reference point. The indicator is designed to...
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This indicator is a modified version of "Technical Ratings" v5.0 available in the public library to provide a quick overview of Technical Ratings in 6 optional timeframes.
█ FEATURES
- Multi-timeframe Table.
- Display Technical Ratings for "MAs" with a percentage.
- Display Technical Ratings for "Oscillators" with a percentage.
- Display Technical...
The idea here is to input the appropriate benchmark tickerid to the asset class you're trading and to paint zones according to the price activity of the selected tickerid. This works very well trying to paint meaningful zones against noisy stocks, currencies, commodities etc. Use a correlation coefficient to determine the best benchmark for your asset class.
RedK Portfolio Tracker is a simple tool that enables a trader to monitor and track a portfolio of up to 10 holdings (+ free cash) in real time - directly on the chart
Now that we have tables in Pine, this is a table version of my previously published Portfolio Tracker
- The table works better in visualizing the various table elements (title row, column...
1. Indicator will display highest and lowest price level within yearly period.
- Highest Yearly Price = green line
- Lowest Yearly Price = red line
2. User also has an option to display Monthly high and low level.
- Monthly Highest Price = Blue Line
- Monthly Lowest Price = Orange Line
This script is simply a Multi time frame version of the built in Williams Alligator script.
Higher time frame Alligators can often produce resistance and support as traders on different timeframes react to them. They can also act as a trend filter.
This indicator uses the OHLC (Open-high-low-close) chart data to graph out a oversimplified probability of the trend changing from a bearish one to a bullish trend, indicated when the column is green. This indicator was inspired by ChrisMoody's CM_Williams_Vix_Fix Script, so huge thanks to him, and I also 'borrowed' some of his code for bollinger bands color...
Vertical Horizontal Filter indicator is a tool that can be used to identify market conditions (ranging or trending). It measures if the price is going vertical (uni-directional) or horizontal (non-directional).
OVERVIEW :
The Vertical Horizontal Filter is a technical analysis indicator created by Adam White in 1991. He described it in the “Issues of Futures”...
This indicator allows you to filter noisy pin bar chart, with pin bars which have been rejected from dynamic support/resistance level also named as 21 Moving Average.
I would consider to work only on higher time frames like 1H and higher, so you really can find only best entries.
Have fun, write your feedback in the comments section:)
P.S This is the first...
Pin Bar is one of the most important candlestick patterns. Almost every time you see a pin bar, you can expect the price to turn in the opposite direction.
You should pay more attention to the abnormal ones among the pin bars. What I mean by abnormal pin bar is that the long leg is at least 3 times larger than the body.
With this indicator, you can set your own...
This indicator is designed for price action. It divides the price range in to four zones based on last week values. Besides, it shows yesterday highest and lowest values. The price usually shows reactions to the drawn horizontal lines!
Get centre point of highest high and lowest low from defined number of bar .
if POC above sma and price above POC then enter long .
if POC below sma and price below POC then enter short .
CBTV - Candlesticks Based on Traded Volume
This is the first robust implementation of volume based candlesticks (bars) on TradingView. This type of bar was describe in the book "Advances in Financial Machine Learning," written by Lopez de Prado, a well-known quant who has managed billions of dollars over the course of his career.
Volume Candlesticks (Bars)...
This RSI script includes everything you could want on an RSI. There are multiple timeframes which will give context to market movement, as well as a highlight feature to make it easier to visualize overbought and oversold stocks.
Tip: Uncheck the 4 plots with no color in them to remove the extra headers on the indicator.
![BTCUSD: [BCT] Identify BULL / BEAR regimes - Laguerre Filter](https://s3.tradingview.com/s/s1WXUEyP_mid.png "[BCT] Identify BULL / BEAR regimes - Laguerre Filter")
![BTCUSDT: MTF Technical Ratings [Anan]](https://s3.tradingview.com/2/2b7tRYXC_mid.png "MTF Technical Ratings [Anan]")
![BNBUSDT: Coin support [Supply/Demand]](https://s3.tradingview.com/n/nY027sCK_mid.png "Coin support [Supply/Demand]")
![MSFT: RedK Portfolio Tracker [Table Version]](https://s3.tradingview.com/u/UFTT8ROh_mid.png "RedK Portfolio Tracker [Table Version]")
![MYEG: [HuD] Yearly High Low](https://s3.tradingview.com/t/t8QLjC6i_mid.png "[HuD] Yearly High Low")
