This script is for a Bollinger Band type indicator with as many features as I can possibly fit into a Bollinger Band type indicator. Features: - A single custom moving average serving as the middle band. - Standard MA inputs. - MA type. - MA period. - MA price. - MA resolution (time frame). - Visibility toggle. - MA Candle Type - Fancy MA inputs. - Toggle to...
Standard BB with two colored candles for better view. Green = candle close above upper band. Red = candle close below lower band. Display RSI value on chart overlay when RSI crossover overbought level or RSI crossunder oversold level.
updated the script from @ceyhun and added labels for reference... For high probability setup pair it with higher timeframe (30 min, 60 min) and 5 min for support and resistance and use price action to go long or short... For more info on how to trade these lines you can search forexfactory . It is uncanny how these lines react to prices. Need to explore more on...
A simple script that shows mirrored regular volume bars with the purpose to show break-outs and low volume ranges, using highest and lowest of a few bars back. Use Heikin Ashi function to smooth the colors with the trend.
This indicator display the current lowest and the highest value of btc on a set of exchanges for a define type of market. Bitcoin Spread was originally made by @DayTradingItalia, i have bring his indicator to pine v4, add add some stuff to it: 5 Type of BTC Market : USDT Swap, USD and Futures (current/next contract) Spread value
This code adapts the code by vitvlkv to be appropriate for comparison of JSE stocks with the Top 40 index. It also includes moving averages and Bollinger Bands to identify extreme conditions. You can change the colours and deselect moving averages to make the plot less cluttered. You can also change the selection to compare the stock against to JSE:J201 if you...
This study is usefull for who follows the rules of "Laura's RoadMap" trading strategy. If someone doesn't know what I'm talking about, google it because I cannot post link here. It could be used for scaliping too. Basically, the rules are: - Open only in direction of Multitimeframe SMA200 - EMA high/low channel shall be above(buy) or below (Sell) SMA200 -...
=========== Percent Trailing Stop (%) - { FOR STUDY SCRIPTS } =========== Wow - this is an example of how to implement Alerts relating to a Trailing Stop (%) within your Study Script. It's taken a bit of effort to get this working but I think we got there! Alerts include Open Long/Short, Trailing Stop Hit, and (the most important one) Movement of Trailing...
=========== Fixed Percent Stop Loss & Take Profit % - { FOR STUDY SCRIPTS! } =========== A neat example of how to set up Fixed Stops and Take Profit as a percent of the entry price - This is for setting Alerts within your own Study Script for when either your SL or TP get hit. Yup, that's about it! You can ignore the actual entry/exit orders - they're based...
Kind of new to here and new to code It's a modified version of ErwinBeckers's Naked Forex - Kangaroo Tail Indicator
The indicator measure realized mobility of the underlying in the terms of V.Kurbakovsky. It is not an exact realization without access to bid and ask prices, but you can choose source prices in the settings window. The indicator can be used to estimate the degree of variation of the underlying price in volatility trading. It is advised to use it on a 1M (1 minute)...
This indi shows the bottoms of market. It depends on average price and rate of change in daily. If you see in red on chart this means you shold buy :) It works only on daily period. Use your own risk. Cheers
The goal of this indicator is to determine when volatility is trending in a specific direction. This indicator leverages the ATR over a certain metric where the exterior lines represent X amount of ATRs from the open of a consecutive candle sequence and X ATRs from the swing low or swing high over a period of X candles. The up and down arrows represent a break...
This script allows you to view ATR extremes based on the open of the candle. Average True Range gives you the average move of an asset during a period of time. If you're viewing the Daily timeframe , The Average True Range represents the average size of a move that occurs in a one day timespan over the specified period. Reaching the upper or lower boundary could...
The Guppy Count Back Line was created by Daryl Guppy and is essentially a trailing stop indicator. I have color coded the indicator to tell you if you should go long or short. This was a special request so let me know if you would like me to write more scripts for other indicators!
The Keltner Channel, a classic indicator of technical analysis developed by Chester Keltner in 1960. The indicator is a bit like Bollinger Bands and Envelopes. This variation uses the Hull Moving Average as the centre line for the channel.
This script includes volatility calibrated ATR ( Average True Range ) features : * Custom time intervals for ATR ( example you can use 45 min ATR on any time frame for swing plays & you can use 15 min ATR on lower time frames like 15 min for scalping ) * Smooth Guppy : helps to understand support and resistance also helps to understand trend direction ( Red is...
Public Version - This is a session timing indicator for people in the PST time zone and represents each major session with a different color time block for intraday studies.