bias
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5‑Factor Market Bias For ThinkOrSwim
mod note: This indicator reads the market’s bias and tells you whether the current bar is neutral, bullish, or bearish. It converts five different pressures into a single weighted score, colors the line and the price bars based on that score, and prints a label that tells you the current...- jonshank62
- Thread
- bias
- Replies: 0
- Forum: Custom
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Momentum Bias Index [AlgoAlpha] For ThinkOrSwim
Author states: is designed to provide traders with a powerful tool for assessing market momentum bias. The indicator calculates the positive and negative bias of momentum to gauge which one is greater to determine the trend. Here is the original Tradingview code... -
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TTrades Daily Bias For ThinkOrSwim
The author states: this indicator aims to develop a higher timeframe bias. this indicator focuses on one specific method that utilizes previous highs and lows. On the daily timeframe, there are a handful of possible scenarios that we consider: if price closes above its previous day high (PDH)... -
RSI direction bias - JD for ThinkOrSwim
This simple indicator gives you a bias on the market that can be used as a filter, an entry indicator for pullbacks,... added RSX and reverse RSI options as well. CODE: #// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ #// © Duyck... -
Market Bias (CEREBR) Indicator for ThinkOrSwim
Author Message: Here's how it works : The script tries to determine the overall direction of the market, using smoothed Heiken Ashi candles. The coloring system (using bright and dark colors) is an attempt to detect strong market and weak market conditions. There's also an oscillator within the...- samer800
- Thread
- bias
- Replies: 15
- Forum: Indicators
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BIAS Indicator for ThinkorSwim
About the Indicator The basic idea of this indicator is well summed up in several places around the internet: https://support.moomoo.com/en-us/topic245 https://www.tradingview.com/script/HWl23Wk9/ https://medium.com/@FMZ_Quant/deviation-rate-bias-trading-strategy-18f3d2e2b5b Calculation... -
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Repaints MTF Market Bias Dashboard For ThinkOrSwim
mod note: This indicator gives a stacked read on market bias across three timeframes so a trader can see, at a glance, whether buyers or sellers control the tape. Market bias matters because it tells the trader which side has the advantage right now, and trading with that advantage keeps...
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