Entry Fragger is a simple buy signal indicator. It is most suitable for cryptocurrency, especially for altcoins on the 5 minute to daily timeframe and is based on simple volume calculations, in combination with EMA's. Main Signal Logic explained: A buy signal is generated by counting candles with an above average sell volume of 130% to 170%, taking into...
Indicator wenting to the lower time frame(if compare with current chart time frame) and seek what happened first, the low of previouse bar was updated first or the high of previouse bar. In some trading strategies need to know exactly sequence of actions for outside bars to program the logic for testing on deep history. If first was updated the high of previouse...
Divergent Bar Strategy v0.2 Divergent Bar is a price action that signals potential trend reversal. This strategy uses repeating divergent bars during a bearish local trend as signals to issue multiple averaging long orders in the direction of potentially emerging bullish trend. As the local trend reverses from bearish to bullish, position could become...
An extension from my Liquidity Raids indicator work, this indicator is a way to approach SMT divergences occurring on your pair against a configured pair i.e., when a bullish or bearish raid occurs (i.e., low or high gets taken) in the correlated asset and it doesn't occur in the current asset or vice versa, the indicator plots it on the chart. In the above...
Draws thick vertical lines behind candles or bars so it looks like the wicks are thick. The thickness is adjustable and so are the color for up bars vs down bars.
The idea is to identify significantly large candles on high volume. These candles frequently offer significant context to the subsequent candles. The indicator marks unusually large candles with certain body to wick & tail ratio that has above average volume. These candles are marked bullish and bearish (green or red respectively). It is recommended that these...
TSI (True Strength Index) The TSI (True Strength Index) is a momentum-based trading indicator used to identify trend direction, overbought/oversold conditions, and potential trend reversals in financial markets. It was developed by William Blau and first introduced in 1991. Here's how the TSI indicator is calculated: • Double Smoothed Momentum (DM): This is...
Hello, everyone, Recently I found a useful indicator for the short-term minute-level trading called Liquidity Sweeps. This is a technical indicator that studies the resistance and support levels of candle patterns. The strategy takes into account the following market factors: Lql -> resistance formed by a rapid rise or support formed by a rapid rise Sweep Area...
🔵 Introduction In "technical analysis", there are certain reversal patterns that alert us to a potential reversal of a stock's previous trajectory. Two significant patterns in this regard are the "Morning Star" pattern and the "Evening Star" pattern, which are formed by a combination of three different candlesticks and are considered as reversal patterns....
OrderBlock-Finder This script shows order-blocks (OB) and fair-value-gaps (FVG). Additionaly there are entry signals for OB and FVG. The Dist-Parameter tell how many candles should exist between the beginning of the OB or FVG and the pullback. Order-Blocks An order block in trading typically refers to a significant grouping of buy or sell orders at a...
Heikin Ashi Candles Let's consider a modification to the traditional “Heikin Ashi Candles” where we introduce a new parameter: the period of calculation. The traditional HA candles are derived from the open , high low , and close prices of the underlying asset. Now, let's introduce a new parameter, period, which will determine how many periods are...
Hello everyone, Recently I saw a very good indicator on TV called Ichimoku Oscillator. This is a K-line convergence and divergence indicator similar to MACD. After backtesting research, this indicator performs well on long-term trends. Since it is an indicator, it is made into a strategy category. Several optimizations have also been made. This strategy takes...
█ FreedX Grid Backtest is an open-source tool that offers accurate GRID calculations for GRID trading strategies. This advanced tool allows users to backtest GRID trading parameters with precision, accurately reflecting exchange functionalities. We are committed to enhancing trading strategies through precise backtesting solutions and address the issue of...
█ Our new FreedX Backtest PLUS template enhances TradingView backtesting with smart features like Mean Reversion, Flexible Volatility, Liquidation Filter, and Better Trend Filtering, making strategies more effective. It lets users set up automated alerts easily. This guide explains how to make the most of these improved features. The Trading Date Settings feature...
The Gradient Candles indicator is crafted to be a comprehensive replacement for default candlesticks, offering users an enhanced and visually stunning alternative. To experience the intended results and fully immerse in the distinctive features of Gradient Candles, it's recommended to hide the default candlesticks. This ensures that traders can fully appreciate...
🔵 Introduction "3 inside up" and "3 inside down" denote a duo of candlestick reversal patterns, each comprising three individual candles, commonly observed on candlestick charts. These patterns manifest as a sequence of three candles, signaling a potential loss of momentum in the current trend and a potential reversal in direction. This pattern consists of 3...
This script utilizes Tradingview's built in Correlation Coefficient indicator to calculate the correlation coefficient between two assets and changes candle colors based on the related data. Info From Correlation Coefficient Indicator: Correlation Coefficient (CC) is used in statistics to measure the correlation between two sets of data. In the trading world,...
This indicator helps quickly identify if a stock is making a "price expansion" or a "price contraction". If today's range is larger than yesterday, then the stock is having a price expansion. This will be represented with a positive number. If today's range is smaller, the stock is making a contraction, and the indicator will display a negative number. Indicator...