TrendBand Guide - simple way to analyse current chart trend.
Basic of usage:
1. TrendBand Color
Red : Chart in bullish condition
Green : Chart in bearish condition
Purple Line : Current trend direction
Red Line : Long term trend direction
2. Candle Color
Green Lime : Breakout 20 days high with more than average volume.
Red : Oversold condition base on...
Custom Indicator developed for a Backtest-Rookies customer. Published for verification and acceptance
Dual Fractal indicator. Display fractals from an upper timeframe and provide alerts when price breaks above/below the upper timeframe fractal.
The aim of this indicator is to indicate effective volume breakouts.
Blue = Volume is at least 25% above the 20d moving average
Purple = Volume is at least twice as much as the 20d moving average
Red = Volume is at least three times the average
My recommendation : Always watch for breakouts on large volume. That's a sign that big institutions are buying.
Excerpt from TraderHQ: "Darvas Box is a great technical analysis indicator, with an interesting background and creator. Nicholas Darvas, a dancer by trade, made $2,000,000 in an 18-month period trading stocks using the Darvas Box method, while traveling the world on dance tours. The method is designed to capture emerging trends, and ride them for big potential...
DepthHouse ATR Bands works very similar to the well-known Bollinger Bands.
However, these bands are calculated slightly different.
Instead of using the standard deviation formula, ATR Bands determines the size of the bands based on the average range.
How to use:
The bands tighten while the markets’ range becomes lower, and widens as its' range becomes...
Basic high and low channels, allows for two high and two low channels of specified lengths.
Use for channel breakout trades, basic idea is to go long when the longer high channel is broken and close when shorter low channel is broken, vice versa for shorts
Feel free to leave me a tip if you like this script: 1MprT7YEEWaM6bUcpD7eeHM3Ht8n3R5jP1
Usable on any style chart, B3_Level_Break is simply a breakout play off the highest high or lowest low of a period. What makes this script slightly different is that it looks forward and backward for the pivotal point. This line is then carried forward with time decay; they will either erase with time, or erase when crossed by price. So many traders young and...
Just another way of visualizing Williams' Fractals: they are now joined in a channel.
You can also create a channel of Fractals from another time frame than the current.
Great for identifying breakout entries or to trail your Stop Losses.
EXPERIMENTAL: use at your own discretion.
custom session breakout strategy, it uses a percentage of daily atr to set breakout limits. strategy only viable for intraday timeframes and is suggested under 1hour.
Plots the Highest and Lowest source price for N bars back. Similar to Donchian Channels except any price source can be used (best results: close ). Can be set to any interval independent of the chart interval. Repainting will occur if the chart interval is less than the indicator interval.
The TPR(Trend Pullback Reversal) indicator forms a possible price trend with support and resistance lines. It also comes with a unqiue band and center line as additional features.
TPR works on all timeframes and all symbols and all type of bar chart.
TPR never repaints.
There are 4 Parameters:
Period: umber of bars used for calculations
Factor:...
This study is an optimized version of Bollinger Bands based on volume weighted data points: more volume on a bar gives those prices a higher impact. FHX bands base on the assumptions of auction market theory (e.g., as does volume profiling). Bollinger Bands implicitly assume a uniform probability mass function for data points and consider only the - somewhat...
2017 - First Code
This is a another way of looking at DMI indicator. Almost similar to any oscillator. You still need to understand the indicator and chart before you can trade with these.
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B3 Buyer-Seller Breakouts = If a bar is showing that it is moving in a direction with highs lows and close, all of which are >respectively< moving against the open from the bar before, then it prints indicating buyers or sellers bringing momentum. The arrows and cloud carry into the next bar to give lots of awareness of the micro-term momentum. The cloud...
Apologies, there was an error in printing for the thick gray boxes, happened when MTF was switched on. All better, and here is the details from before:
This is an interesting study that can be used as a tool for determining trend direction, and also could be a trailing stop setter. I use it as a gauge on MTF settings. If on, you can look at the bar cycle of the...
With this support and resistance indicator, if you want more levels just change the timeframe it looks at in the settings. It will pull the SR levels off the timeframe specified in the settings. Note: SR1 and SR2 timeframe should match.
![EURUSD: [STRATEGY][RS]Open Session Breakout Trader](https://s3.tradingview.com/m/mIvVYU42_mid.png "[STRATEGY][RS]Open Session Breakout Trader")
