MUNICH'S MOMENTUM WAVE VERSION 2 IS LIVE!!! There are a few big things to note with this one. I decided to upload this as an entirely new script due to the number of changes differing from the first version, but as the last one, this will still work on ANY TIMEFRAME, ANY ASSET CLASS, ANY PRICE! . This momentum wave indicator now will give you data for when...
Rob Booker - ADX Breakout. The strategy remains unchanged but the code has been updated to pinescript V5. This enables compatibility with all new Tradingview features. Additonally, indicators have been made more easily visible, default cash settings as well as input descriptions have been added. Rob Booker - ADX Breakout: (Directly taken from the official...
Description This indicator calculates the differences between the current price and the local support or resistance, and normalizes it into a range. The value basis is calculated from a defined period of time that is then multiplied to get a standard deviations and a max. and min. value subtracted and divided into a final value. It includes Extreme zones....
Description The main indicator component is a white signal line calculated from the price and strength of the current market pair filtered using the Fourier transformation formula (by Joseph Fourier). It includes Trend confirmation. The grayish line is the signal line moving average which can either be used as a support/resistance line or as a strong...
Description This indicator is based on an algorithm which provides accurate momentum tracking on every timeframe. It is visualized as a colored histogram and through some other tools. The value is calculated from an exponentially weighted moving average that is used to get a high and a low deviation, merging the last value into a range. It includes ...
Description This indicator's main component is the signal line which represents a very responsive market strength value calculated from real time data and normalized into a range (0 - 0.5 - 1). Indicator is using Stochastic and RSI functions to get raw value filtered through a linear regression, helping users predict imminent market directions. Lastly, this...
Tradesense Premium Tradesense Premium indicator offers a buy & sell signal that is based from our senior analyst who have more than 10years of experience in Forex, Stock and Crypto trading and made it possible by our pine script developers. Our script can detect market volatility based on the price direction and the absolute value of exponential moving average...
A trading strategy screener is an idea of a visual alert for those who're trading particular strategies and facing a lack of capability of monitoring many symbols simultaneously, so this kind of tool could be more efficient to keep managing trading plans smoothly and quickly. I developed this screener as an idea more than providing legend strategies. This...
this indicator founded from easy combined 1.EMA 2.ATR/Supertrend 3.ADX/DI+DI- 4.MACD 5.Dochian 6.OBV and show by line label and background
The Magic BOX strategy is designed to work with cryptocurrency and Forex. Working timeframe from 1 minute to 1 hour. The strategy is based on the formation of a trade zone. Probably everyone has already noticed that every day there is a period of time that sets a certain corridor for further price movement in order to get out of it up or down. In the Magic BOX...
To use indicator you need to provide enter and stop prices(you can drag these lines also). Also you able to set your Account Size in USD, Risk in % and Commission you pay your broker per lot. Indicator calculates all this information and provides you with Lot Size(with commission) you need to open a position and target prices for 2R and 3R(also includes...
Hello traders ,as you know the session timing plays a major role in trade execution. I was searching for a good session indicator for a very long time but I was not satisfied with the indicators which are already available on Trading view. So I decided to code one my self. This indicator is based on the timing provided by the website...
Idea: This indicator is designed to know the high traded volume sessions in advance before the day starts. The predictive volume bars will be plotted in advance once a new trading session starts. Logic Used: The basic idea is to store each bar volume / Volume MA data for the selected time. So, the first bar of each data is stored for all selected historical...
Other available matrixes I found have a limited number of forex symbols. Consequentially, you need to keep switching them if you want to do a proper analysis. As a result of that, I produced my own currency matrix. Correlation studies relationships between different price charts. High correlation may be completely random in the short term, but it may signify a...
Divergence Fractals combine divergence candlestick patterns with concepts pioneered by Bill Williams and George Lane to create a precise trend following tool that responds very well to the FX market. This indicator is built off of my Neo Fractal data set, which unlike traditional Williams fractals, track highest and lowest closes instead of higher highs and...
RAVI FX Fisher is a special implementation of RAVI using WMA moving averages and ATR and then normalized like Fisher Transform. If the histogram falls between the white lines, the market is too choppy to trade. This indicator is tuned for Forex. What is RAVI? The Range Action Verification Index (RAVI) indicator shows the percentage difference between current...
Hello traders! This is my first script that I will publish here. This script calculates the relative volume based on the average volume at that time of the day across different brokers.