v0.2 This is currently an experimental visual concept! This original concept of Recency by Joel Eckert @PapercutsTrading and was developed for the Papercuts Algo. It is a reflection that more recent prices have more value than older ones, as data and positions constantly shift as they age. The goal of using recency for the candles was to create candles that stay...
//@version=5 indicator("MACD Strategy", shorttitle="MACD", overlay=true) // Calculate MACD = ta.macd(close, 12, 26, 9) // Plot MACD lines plot(macdLine, color=color.blue, title="MACD Line") plot(signalLine, color=color.red, title="Signal Line") // Determine bullish/bearish conditions is_bullish = ta.crossover(macdLine, signalLine) is_bearish =...
기존 볼린저 밴드는 종가를 기준으로 이동평균선을 설정하여 그 이동평균선에 대한 표준편차를 적용하여 밴드를 형성을 하였다 또한, 기존 볼린저 밴드는 밴드를 이탈할 경우 비이성적인 확률의 움직임이라고 생각하여 진입하게된다 하지만 실제 우리가 보는 봉 캔들같은 경우 고가, 저가, 시가, 종가가 있다. 진짜 비이성적인 움직임은 보통 저가나 고가의 꼬리에서 발생하는 경우를 볼린저 밴드를 사용하는 유저라면 많이 보았을 것이다. 그렇기 때문에 기존 볼린저 밴드의 설정처럼 종가를 기준으로한 이동평균선이 아닌 하단의 경우 저가를 기준으로 한 볼린저 밴드를 상단의 경우 고가를 기준으로 한 볼린저 밴드를 사용할 경우 더 효과적일 것이라고 생각하여 제작된 강화된...
DESCRIPTION IN ENGLISH 🔶 INTRODUCTION NZTInstitutionalLevel is an indicator for the TradingView platform designed to display institutional levels on a price chart. This script is based on the concept of calculating significant price levels that can be used for both long-term trading and intraday operations. The indicator calculates and visualizes the...
거래량에 볼린저 밴드 상단을 적용하는 것을 기본으로 한다. 볼린저 밴드에 대해서 설명하자면 먼저, 길이를 설정하면 그 길이에 대한 값의 이동평균선이 설정된다. 이동평균선의 초기값은 500으로 설정해놓았다. 그 다음 500개의 값에 대해 표준편차를 적용하여 밴드를 만들고 그 밴드를 이탈할 경우 표준정규분포표를 벗어난 희귀한 확률의 값이 나왔다고 도출할 수 있다. 그 이동평균선에 대한 표준편차를 보통 기본값 2로 설정되어있는데, 표준정규분포표에서 2.00의 경우 0.4772를 나타낸다. 상단 볼린저 밴드 내에 있을 확률 97.725%를 나타낸다. 즉, 이 볼린저 밴드 상단을 넘어선 거래량은 거래량 100개봉중 상위 2.275%에 해당하는 아주...
This indicator calculates and shows the percent change compared to one year ago in order to showcase the one year rate of change. This is to be used on crypto assets that trade 24/7/365. Moving up means the rate of change is accelerating (bullish) Moving down means the rate of change is decelerating (bearish).
This indicator calculates and shows the percent change compared to one year ago in order to showcase the one year rate of change. This is to be used on traditional assets that trade during the same schedule as the New York Stock Exchange. On average that is 252 trading days per year. Moving up means the rate of change is accelerating (bullish) Moving down means...
Brackets price action range from 12pm to 1:30pm eastern standard
🔵 Introduction "Smart Money" refers to funds under the control of institutional investors, central banks, funds, market makers, and other financial entities. Ordinary people recognize investments made by those who have a deep understanding of market performance and possess information typically inaccessible to regular investors as "Smart Money". Consequently,...
Buy and Sell signals based on RSI and MA crossing.
Indicator designed with support from several other indicators and some customizations added to suit to Indian indices market only. - still under test
Advanced MACD (AMACD) enhances the traditional MACD indicator, integrating innovative features for traders aiming for deeper insights into market momentum and sentiment. It's crafted for those seeking to explore nuanced behaviors of the MACD histogram, thus offering a refined perspective on market dynamics. Divergence moves can offer insight into continuation or...
Kalman Hull RSI At its core, this indicator uses a Kalman filter of price, put inside of a hull moving average function (replacing the weighted moving averages) and then using that as a price source for the the RSI, very similar to the Kalman Hull Supertrend just processing price for a different indicator. This also allows it to make it more adaptive to price and...
I've noticed that many Pine coders calculate buy and sell volumes by considering the volume of a bullish candle as buy volume and the volume of a bearish candle as sell volume. However, I believe this approach isn't very logical, especially for candles with long wicks like pinbars. Therefore, I've devised a method to calculate the buy and sell volumes of a...
█ OVERVIEW ᴇᴍ VRVP (Visible Range Volume Profile) indicator calculates the volume profile within the visible range of prices. Volume Profile is an advanced technical analysis indicator that shows trading activity over a specified period of time at certain price levels. The indicator plots a histogram on the chart that reflects dominant or significant price...
## Overview The L1 Dynamic Multi-Layer Bollinger Bands script is a custom indicator designed to provide a comprehensive analysis of price movements using Bollinger Bands, a widely-used technical analysis tool. The Bollinger Bands consist of a middle band being a simple moving average (SMA) of the close price, and an upper and lower band that are respectively 1.382...