We know that the number of indicators that we can use is limited, that is why with this indicator the Bollinger Bands + 3 EMAs join and be able to use 4 indicators in 1. Bollinger Bands (BB) Bollinger Bands (BB) are a widely popular technical analysis instrument created by John Bollinger in the early 1980’s. Bollinger Bands consist of a band of three lines which...
The NVME Oscillator X is designed to help you ride the trends, scalp the markets, stay onto winning positions longer and close the losing positions sooner. The oscillator provides you with 4 different optional confirmation plots that will show you the trend, the buy and sell arrows, the buying and selling activity and the overall market control. Our oscillator is...
This indicator simultaneously displays two lines, which are the leading spans of the Ichimoku Kinko Hyo, and three simple moving averages. To make it easier to distinguish between the simple moving average line and the line of the Ichimoku Kinko Hyo, the simple moving average line is set to level 2 thickness by default. Also, the color of Reading Span 1 in the...
This is my "Exotic SMA Explorations Treasure Trove" intended for educational purposes, yet these functions will also have utility in special applications with other algorithms. Firstly, the Pine built-in sma() is exceedingly more efficient computationally on TV servers than these functions will be. I just wanted to make that very crystal clear. My notes elaborate...
This signal is completely based on analysis and transformation of a single simple moving average. As with all signals and indicators, it should be combined with others. This is how the signal is built: 1. First it takes the SMA of the closing price. 2. It then takes the ROC of that SMA using a length of 1. 3. It takes an 8-period SMA and also a 64-period SMA of...
With this indicator i tried to create a more clear view of the daily chart. This indicator only works on the daily chart. This is how the plotted line is created: When the 'day close' is greater then the 'day hl2' it plots 1 up 'color = green' When the 'day close' is lesser then the 'day hl2' it plots 1 down 'color = red' When the 'day hl2' is greater then...
Here I'm proposing possibly the simplest and most relevant pivot style for intraday traders like me. It utilizes fundamentals of the average range and devises S/R around that. Pivot point in this is today's open (colored lime), which is far more relevant than yesterday's/past data based pivots. This is an attempt to reduce the influence of historical data as...
This script illustrates how to create simple alerts, triggered by a share price moving above (or below) an arbitrary threshold.
Lots of moving averages are based on a weighted sum, the most common ones being the simple (arithmetic) and linearly weighted moving average. The problems with the weighted sum approach is that when your moving average is a FIR filter then the number of operations increase with higher values of length, and when the weights are based on a complex calculation this...
The traffic light indicator is designed to be as simple as possible to avoid the steep learning curve that comes with many other indicators. - A Green Circle indicated the price is likely to go up. - A Red Circle indicates to price is likely to go down. - A Yellow Circle means there's some indecision and you should consider tightening stops or taking profits if...
This script contains 15 highly customizable moving averages, the following options are currently available: 1. Activate Moving Average: Activate or deactivate moving average. 2. Use Resolution: Activate or deactivate resolution configuration. 3. Resolution: The resolution of the moving average (default: 4H). 3. Length: The length of periods of the moving average...
Combines several key simple moving averages into one slot without going overboard. Includes cross indicators between the 50/100 and the 50/200 day SMA's.
Firstly : Know Sure Thing, or KST , is a momentum oscillator developed by Martin Pring to make rate-of-change readings easier for traders to interpret. In a 1992 Stocks and Commodities article, Mr. Pring referred to the indicator as "Summed Rate of Change ( KST )," but the KST term stuck with technical analysts. The indicator is relatively common among technical...
This is a continuation of my series on forecasting techniques. The idea behind the Simple Mean method is to somehow extend historical mean to the future. In this case a forecast equals to last value plus average change.
Another script that might be useful for your trading setup. It use RSI and two SMA's. Happy trading +++ use this tool on your own risk. i'm not responsible for your loses +++ Show some ❤ ____________________________________________________________________________ BTC: 1GVRDK3HHr9CKM5SF2CGpCNXFuavB3L4j9 ETH: 0x7b825fa752b9926D3E8397cDb1d9E5473D074646...