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Bollinger Bands V2 [Super Trend]################################## Anglais ###################################### With the News Bollinger Bands V2 , you can choose the source of the color (Color with Price or Color with the Super Trend ATR). You can also view the Super Trend on the chart and the configure. this allows you to quickly identify trends and the acceleration phase and accumulation Sorry for my basic English //J.Dow ################################## Français ###################################### Avec les Nouvelles Bollinger Bands V2 , vous pouvez choisir la source de la couleur ( couleur avec le prix ou la couleur avec le Super Tendance ATR ) . Vous pouvez aussi consulter le Super Tendance sur le graphique et le configure. cela vous permet d'identifier rapidement les tendances et la phase d'accélération et d'accumulation //J.Dow
Pine Script™ indicator
by NomadandTrader
8
Trend LengthScript tries to capture the length of trends. It calculates an SMA and then determines the slope of the SMA using a simple momentum function. From there it counts bars from when the slope changed directions last. The lime green line is the count from when the slope changed. The yellow line is the average time of a trend. The white line is "trying" to capture the length of a full healthy pip running trend. Pick and SMA you like and then run through many currencies. I find that trends tend to be the same length. Not surprising as the markets are extremely correlated to each other. The trick is to find the most active pair for action. To do that look up my Pairs Range script. Comments are welcome.
Pine Script™ indicator
by forexpirate
1
UCS_TrendIts been a long time!!!!, Here, I am back with another indicator bust. This time it is TTM_Trend sold by Trade The Market. This is my interpretation of the indicator, There are some mismatches, but i consider it as minimum. On Thinkorswim I was able to match it exactly. May be its just the way Tradingview plots the arguments specified. Here is the concept for anyone who want to improve and match it to the actual. Update: The mismatch occurs in high volatility zone. the painted bars highs and lows in Tradingview is different when compared to TOS.
Pine Script™ indicator
by UDAY_C_Santhakumar
19
Murrey Math Extremes ComparatorHOW IT WORKS Creates two murrey math oscillators (hidden) one with 256 length another with 32 length and compare each other. WHAT GIVE ME THIS SCRIPT The script can give you very valuable information: - Main Trend - Pullbacks detections - Extreme overbought oversold prices alerts - Divergences - Any timeframe usage REFERENCES OF USAGE Main Trend Indications ****The main trend is indicated with green(bull) or red(bears) small "triangles" on the bottom(bull) or the top(bears) of the chart. *****To detect the Bull/Bear major trend the script use 256 murrey, if > 0 (green) we are uptrend in other cases we are downtrend Pullback detection ****The pullbacks are indicated with Green(bull) or red(bears) medium "Arrows" *****To detect pullbacks the system compare the long term murrey with the short term murrey, if long term is Green(green triangles) *****so we are in a main bull trend, if the short term murrey make an extreme low then the pullback is indicated *****The same for the short pullback, if long term murrey is RED and we have an extreme green short term murrey we shot a red arrow Extreme Overbught/Oversold ****The extreme OO is indicated with fancy diamonds *****To detect the Extremes price movements we combine the two murrey, if Long Term Murrey is overbought and short term murrey too *****Then the diamond show on the screen obove or below based on the extreme if overbought or oversold Strategy Resume: Triangles indicate Major Trend Up/Down Arrows Indicate Continuation pullbacks Diamonds Indicate Extreme Prices GUIDE HOW TO IMAGES How it's works Behind Scene
Pine Script™ indicator
by morpheus747
4
[NM] Reversal Candles v01Reversal candles are a very easy way to identify a turn in trend, this indicator has some specific additional conditions for the reversal candle. BUY Signal reversal candle Low of current candle exceeds low of previous candle Low of current candle is lowest for last 7 candles High of current candle exceeds high of previous candle Close of current candle is in the upper 50% of the range of this candle SELL Signal reversal candle High of current candle exceeds high of previous candle High of current candle is Highest for last 7 candles Low of current candle exceeds low of previous candle Close of current candle is in the lower 50% of the range of this candle How do I trade it ? (example buy signal) Wait for close of the candle and the BUY signal Put a buy stop entry 5 pips above the high of the candle Put a stop loss 5 pips below the low of the candle Calculate difference between entry and stop loss and set your target that number of pips above the entry for a 1:1 RR trade* Wait for your your target or stop loss to be triggered * Alternatively, you can take 50% of the profit at the 1st (1:1 RR) profit target, move your stop to break even and let the rest of the position run for a higher potential profit. Further advice on use Personally I always look for some additional confirmation like a support or resistance level, a bounce of the EMA or a fibonacci level, but please feel free to add additional filters to make the strategy even more effective. I would strongly advise to backtest your strategy first so you can fine tune it and have confidence in trading it. Forward testing on a demo account before going live, although it takes longer, can be a worthy alternative. Works better on higher time frames. How do you use it ? Please leave a note in the comment section below to let me know if you use the indicator and how. There's definitely not just one way to use the indicator so I'm curious about your feedback. To apply the script to your chart, just add it to your favourites so you can easily find it in the Indicators list. Kindly leave me a thumbs up if you like this indicator or support my work, and do not hesitate to visit my other indicators. Thanks for your visit
Pine Script™ indicator
by Nico.Muselle
19
Market Meanness Index-Price ChangesThis is the Market Mean index. It is used to identify if the market is really trending or if it is range bound(random). In theory, a random sample will be mean reverting 75% of the time. This indicator checks to see what how much the market is mean reverting and converts it to a percentage. If the index is around 75 or higher than the price curve of the market is range bound and there is no trend from a statistical standpoint. If the index is below 75 this means the price curve of the market is in fact trending in a direction as the market is not reverting as much as it should if it were truly following a random/range bound price curve.
Pine Script™ indicator
by LevyFlight
2
Trender & mov avg Jayy updateThe Trender and moving average for a version of trend analysis. This is an update of a previously published script. A recent Pine script update makes this update necessary. This is my interpretation of Bloomberg's Trender. The script is derived from this document: www.forexfactory.com I have no idea what settings are best. I like the ones I have used because I see some harmony with the 20ema but that could be said for a variety of settings. The chief variable for adjustment is "sensitivity" which is really just the number of standard deviations away from the midpoint calculation. The Trender is plotted as crosses. Also the moving average will be green if its own 8 period moving average is below the moving average or red if it is above. In other words a Green moving average suggests an uptrend and a red moving average a down trend as far as moving averages are concerned. In formatting you can have an ema or sma at the click of a button. also at the bottom you will have an option to display moving averages as emas in intraday and smas if the period is daily or higher. In this option you will also see the 50 moving average ( ema if intraday and sma if daily or more.) Most people will opt for consistency and simply use either an ema or sma . In this case leave the "Show EMAs intraday and smas interday" unchecked. Jayy
Pine Script™ indicator
by jayy
3
K.M Trend Strategy (BETA 1.2)My beautiful traders, how is everyone doing? This indicator I built detects trends, I haven't seen any repaints, I only had 3 minor ones. It is still on BETA version. To all new traders, and busy traders I will be posting one that you can set alerts. Please look under my profile or type " K.M Trend Alerts (BETA 1.2) " . I ask for everyone to try this script out, please provide any feedback under in the comments below. Any feedback will be amazing! Thank you to everyone, and www.tradingview.com. Sincerely, Kevin Manrrique Follow us on Instagram: TWTForexGroup, we have amazing content and also sell signals!
Pine Script™ strategy
by TradeWithConfidence
40
Chauvenet RadiusThe Chauvenet criterion is a well-known criterion of selection and rejection of the data used by the Physics. It establishes that in an experiment is well to discard the data whose distance from the average is greater than a certain number of the delta. In the stock market if prices move away from the average with a volatility too high are suspect. This principle is embodied in the Chauvenet floor with the definition of two asymptotes and two data areas rejection. The Chauvenet Radius is the quadratic sum of the delta (distance from average) and sigmoid (volatility) and is therefore an obvious market stability index. In fact the moments when price strongly moves away from the average with high volatility coincide with the moments of high instability of the market. It can be considered an evolution of John Bollinger method introduced during the '80. Source: www.performancetrading.it
Pine Script™ indicator
by Shizaru
4
EZ TrendEZ Trend creates a signal when the current open price is equal to, or within a set range of, the last close price AND current candle is the opposite color of last candle. This indicator is based on my observation that when O = C AND the last candle's color is opposite of the current candle, the NEXT candle seems to follow the color of the current candle and a change in trend tends to follow. This is not an absolute rule and it seems to work better with middle and higher priced assets where there is a lesser probability of O = C . Assets with very low prices or low volatility should use a Signal Precision value of 0. (ex: DGBBTC) and larger time frames tend to yield fewer false signals. Signal precision (the absolute value of the difference between O and C ) can be adjusted in 0.00000001 increments.
Pine Script™ indicator
by Quicksilver80
1