THRAX - INTRADAY MARKET PRESSURE ZONES This indicator identifies potential support and resistance zones based on areas of significant market pressure. It dynamically plots these zones and adjusts their visibility based on real-time price action and user-defined thresholds. The indicator is useful for traders seeking to understand intraday market pressure,...
This indicator provides a dynamic tool for visualizing the Daily Moving Average (DMA) on intraday timeframes. It allows you to analyze how the price behaves in relation to the daily moving average in timeframes from 1 minute up to 1 day. KEY FEATURES DMA on Intraday timeframes only : This indicator is designed to work exclusively on intraday charts with...
This indicator identify support and resistance to trade in 1min time frame, based of fib 0.5 level, on 15 min time frame find major high and low means major swing, low will be our start level and high will be our end level input in setting, substract high and end level and now divide answer with 2 till the daily volatility of a index or stock, if saying about...
This is a simple indicator that has been designed to aid intraday trading and has a few components; Key Features Session Ranges + Optimal Exit Time Asia Pip Range New York Midnight Open Line Session Ranges + Optimal Exit Time Information ℹ️ This is a visual depiction of the 3 main sessions in the markets. Asia, London & New York. The default...
This indicator shows the difference of bullish and bearish trading volume during intraday The idea Especially in "6E1!" it caught my eye, that often outside regular trading hours the price moves in one direction with thin volume and inside regular trading hours it moves back with much higher volume. It is possible, that the market closes e.g. with a plus. And...
█ OVERVIEW This indicator was a time-based indicator and intended as educational purpose only based on pine script v5 functions for ta.cross() , ta.crossover() and ta.crossunder() . I realised that there is some overlap price with the cross functions, hence I integrate them into Custom Range Interactive with value variance and overlap displayed into...
Hello! This script "10x Bull Vs. Bear VP Intraday Sessions" lets the user configure up to 10 session ranges for Bull Vs. Bear volume profiles! Features Up To 10 Fixed Ranges! Volume Profile Anchored to Fixed Range Delta Ladder Anchored to Range Bull vs Bear Profiles! Standard Poc and Value Area Lines, in Addition to Separated POCs and Value Area Lines...
ALWAYS TRADE THE DIRECTION OF THE TREND This indicator is useful for 5-minute Bank Nifty intraday trading. It compares the Open-Close value for a 5-minute bar with the current ATR value. When a bar has higher than the ATR value then it means that the current bar has a higher Open-Close than the ATR. This means that after a period of dull action, some action has...
The present script includes Previous day High/low levels and once the PDH or PDL breaks the present bar's background changes color according to the direction of price breakout. It's helpful when working on lower timeframe charts with small screen space, so that the user can know that the PDHL has been taken out in one glance at the chart instead of scrolling all...
This indicator is designed to increase the quality of your backtesting in the Indian Market. NSE & BSE run from 9:15 am IST to 3:30 pm IST. Naturally different times have different kinds of volatility. On your chart you will find premarked - Saffron - 9:15 am to 10:30 am - Opening Session - High Volatility Observed Historically White - 10:35 am to 2:25 pm -...
The concept behind this indicator is that the inside candle indicates a pause in the current move and the following candle after inside candle will indicate the direction of the next move. This indicator informs you when an inside candle is formed and based on the next candle, it gives you buy/sell signal. When an inside candle is formed, a label will appear...
I have created this indicator because I was in a need of simple indication of personal session time for my backtesting while practicing intraday Futures trading. How it works: 1. Define your timezone. 2. Set Trading session start/end time. 3. Choose the colour you want to see your intraday session in. Actual result: Your selected session is displayed with...
Pi - Intraday High-Low Predictor This is not my Strategy/Research , I've just coded it into a indicator. I found it interesting & useful so I'm sharing it here. This Strategy/Research is by Kshirod Chandra Mohanty ( y-o-u-t-u-b-e : Trade with IITIAN ) You can watch his video on y-o-u-t-u-b-e for more info on this one. the video has following title : "1Cr...
The diagram shows Money Performance when buying stocks for 10 000 at every buy signal from the Intraday Mean Reversion indicator. The indicator is best used in combination with Intraday Mean Reversion Main Indicator The rules for trading are: Buy on Open price if the Intraday Mean Reversion Main indicator gives a buy signal. Sell on the daily close...
The Intraday Mean Reversion Indicator works well on certain stocks. It should be used for day trading stocks but need to be applied on the Day to Day timeframe. The logic behind the indicator is that stocks that opens substantially lower than yesterdays close, very often bounces back during the day and closes higher than the open price, thus the name Intraday...
RiverFlow ADX Screener, Scans ADX and Donchian Trend values across various Timeframes. This screener provides support to the Riverflow indicator. Riverflow concept is based on Two indicators. Donchian Channel and ADX or DMI. How to implement? 1.Donchian Channel with period 20 2. ADX / DMI 14,14 threshold 20 Entry / Exit: 1. Buy/Sell Signal from ADX...
█ OVERVIEW This indicator is a predecessor to Regression Channel Alternative MTF , which is coded based on latest update of type, object and method. █ IMPORTANT NOTES This indicator is NOT true Multi Timeframe (MTF) but considered as Alternative MTF which calculate 100 bars for Primary MTF, can be refer from provided line helper. The timeframe scenarios...
BankNifty 5min Supertrend Based Strategy, Intraday. Work Best at 5mint chart on BankNifty. The strategy is designed to trade using the Supertrend indicator with session-based rules, and risk management. It allows for customization through input variables and aims to provide a clear visual representation of the Supertrend by changing the color . The...