Support and Resistance levels based on statistical methods This is an autonomous Support and Resistance (S&R) indicator that locates levels where the price of an asset is likely to meet resistance or support. It works on all timeframes, and on any asset. It is more advanced than many other indicators that purport to do the same thing. How to use Pinks...
Shows the Daily, Weekly, Monthly, Quarterly, and Yearly VWAP. Also shows the previous closing VWAP, which is usually very near the HLC3 standard pivot for the previous time frame. i.e. The previous daily VWAP closing price is usually near the current Daily Pivot. Tickers interact well with the previous Daily and Weekly closing VWAP. Enabling the STDEV bands...
GEOMETRIC STANDARD DEVIATION BANDS Ver.1 By Ricardo M Arjona @XeL_Arjona DISCLAIMER: The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets. The embedded code and ideas within...
EVWMA ACCUMULATION/DISTRIBUTION PRESSURE & FRACTAL BANDS Version: 3.0 @ 4.11.2015 By Ricardo M Arjona @XeL_Arjona DISCLAIMER: The following indicator IS NOT INTENDED TO BE A FORMAL INVESTMENT ADVICE OR TRADING RECOMMENDATION BY THE AUTHOR, nor should be construed as such. Users will be fully responsible by their use regarding any kind of trading...
Standard Error Bands - Code by @XeL_arjona Original implementation by: Traders issue: Stocks & Commodities V. 14:9 (375-379): Standard Error Bands by Jon Andersen Version 1 For a quick and publicly open explanation of this Statistical indicator, you can refer at Here! Extract from the former URL: Standard Error bands are...
Pair trading is employed by professional traders to outperform the market. This script is a complete trading strategy where you can set your own parameters and the system will generate ready to trade signals. All you have to do is just execute profitable trades based on your own parameters.
This indicator used to calculate the statistical volatility, sometime called historical volatility, based on the Extreme Value Method. Please use this link to get more information about Volatility.