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Bands and Channels

Smoothed Repulse w/ Floating Levels [Loxx]Smoothed Repulse w/ Floating Levels indicator measures and displays the bullish or bearish pressure associated with each price candlestick in the form of a curve. It is more relevant when compared to price and offers valuable additional information on the feeling and confidence that traders have about the markets. This version can use one of the 4 basic averages types for smoothing. Coloring can be chosen depending on : slope outer levels cross middle ("zero") level cross Since the "repulse" indicator is not limited to known bounds, levels are dynamic — the "zero" value too. That makes it more responsive in the times of elevated volatility. Alerts are triggered based on the color change. Included: Bar coloring Signals Alerts Your choice of moving average for smoothing
Pine Script™ indicator
by loxx
[blackcat] L2 Sylvain Vervoort SVE PivotsLevel 2 Background Sylvain Vervoort’s articles in the May issues on 2018,“The V-Trade, Part 3: Technical Analysis—Fibonacci Projections And Daily Pivots” Function Sylvain Vervoort, in his May 2018 STOCKS & COMMODITIES article, “The V-Trade, Part 3: Technical Analysis—Fibonacci Projections And Daily Pivots,” introduces a modified version of the venerable floor trader pivots that he calls SvePivots. With his new SvePivots, he identifies additional support & resistance levels beyond the standard calculations. These include mid-levels between the between normal support & resistance as well as prior day highs and lows. Remarks you can customize 'res' parameter in setting to setup pivots' reference time frame. Feedbacks are appreciated.
Pine Script™ indicator
by blackcat1402
Corrected QWMA (Quadratic Weighted Moving Average) [Loxx]Corrected QWMA (Quadratic Weighted Moving Average) is the "corrected" version of QWMA. There are other attempts on TradingView to create the QWMA, this is the correct version with weighting applied to the lookback period. "Correcting" is a process where the value of the average is checked for the significance (how big is it) of change. For that, a standard deviation of a change is used and if the change is "not significant enough", then the change is ignored. Because of this, the average starts to have that "step like" value, but in any case, it should not be mixed with the step average type. The corrected average is different. The correction period can be used to have different types of calculations: If the "correction" period is set to < 0, then there is no correction made (in that case the value is exactly the same as original qwma) If the "correction" period is set to 0, then the "correction" period is the same as qma period If it is set to any other value, that period is used Color combinations: Middle: color (and alerts) on slope change Levels: (and alerts) on outer levels cross QWMA: (and alerts) on middle level cross Included: Bar coloring Signals Alerts
Pine Script™ indicator
by loxx
1
[blackcat] L2 SVE Volatility BandsLevel 2 Background Sylvain Vervoort’s articles in the July issues on 2018,“The V-Trade, Part 5: Technical Analysis—Moving Average Support & Resistance And Volatility Bands” Function In “The V-Trade, Part 5: Technical Analysis—Moving Average Support & Resistance And Volatility Bands” in the July 2018 STOCKS & COMMODITIES, author Sylvain Vervoort introduced a new type of price band that he calls the SVEVolatilityBand. He created this new type of band to better highlight volatility changes when using non-time-related charts. According to the author, when using charts such as renko, traditional bands may fail to effectively highlight these changes. Remarks Feedbacks are appreciated.
Pine Script™ indicator
by blackcat1402
4
Titans Trend LinesThis indicator will plot trend lines based on recent pivot highs and lows. The pivot sensitivity level may be customised under the indicator settings. The pivot highs and lows are identified by 'H' and 'L' markers. Through the indicator, a purple dotted line connects the last two pivot highs and another purple dotted line connects the last two pivot lows. These lines are extended to the left and right beyond the connected points. If a new trend line has developed due to the formation of a new pivot high or low, the last trend line will be grayed to help with referencing. The user is advised to use this indicator at his own risk.
Pine Script™ indicator
by mmmarsh
2
God Number Channel v2(GNC v2)GNC got a little update: 1) Logic changed a bit. I tried to calculate MAs based on the power(high - low of previous bars).You can see it the M-variables, as new statements were added in calculation section of MAs. I don't really know if I did right, because I didn't go too much in Pine Script. I just wanted to make a Bollinger-bands-like bands, which could predict the levels at which might reverse, using legendary fibonacci and Tesla's harmonic number 432. It's might sound as a joke, but as you can see, it works pretty good. 2) Customization : No need to change Fibonacci ratios in code. Now you can do it in the GNC settings. Also MAs' names were made obvious, just check it out. Time of million similar "MA n1" has passed :) 3) Trade-entry advices : I didn't tell you exactly the trade-entry advices, as I haven't explored this script fully yet :) But you probably understood something intuitively, when added GNC on the chart. Now I made things way more obvious: 1. Zones between Fib ratios show you how aware you should be of price movements. Basically, here are the rules, but you probably understand them already: 1.1 Red zone(RZ) : high awareness, very likly for price to be reversed, but if there is a clear trend and you know, than it might be a time for price to shoot up/down. 1.2 Orange zone(OZ) : medium awareness, not so obvious, as price might go between boundaries of OZ and continue the trend movement if such followed before entering the OZ. If price go below lower boundary of OZ and the next bar opens below this boundary, it might be a signal for SHORY, BUT(!) please consider confirmation of any sort to be more sure. Think of going beyond the upper boundary by analogy. 1.3 Green Zone(GZ) : if the price hits any boundary of green zone, it is usually a good oppurtunity to open a position against the movement(hit lower boundary -> open LONG, hit upper boundary -> open SHORT). 1.4 Middle Zone(Harmonic Zone)(MZ) : same rules from Green Zone. IMPORTANT RECCOMENDATION : Use trend indicator to trend all signals from zones to follow the trend, 'cause counter-trending with this thing without stop loss might very quickly wipe you out , might if you will counter-trend strategy with GNC, I will be glad if you share it with the community :) Reccomendation for better entries : 1) if the price hits the lower(or high) boundaries(LB or HB) zone after zone(hit LB or HB of RZ, then of OZ, then of GZ), it is a very good signal to either LONG, if price was hitting LBs , or SHORT, if hitting HBs . 2) Consider NOT to place trades when in MZ, as price in this zone gets tricky often enough. By the way, if you dont the see the harmonic MAs(which go with plot(ma1+(0.432*avg1)) ), then set the transparency of zone to 20% or a bit more and then it will be ok. I will continue to develop the GNC and any help or feedback from you, guys, will be very helpful for me, so you welcome for any of those, but please be precise in your critics. Thank you for using my stuff, hope you found it usefull. Good luck :)
Pine Script™ indicator
by tarasenko_
12