Description: The "ADX Momentum Shaded Candles" indicator (ADXMSC) is an overlay indicator that enhances candlestick charts by adding shading based on the momentum derived from the Average Directional Index (ADX). This indicator provides visual cues about the strength of bullish and bearish momentum by adjusting the transparency of the candlesticks. How it...
Williams fractals are remarkable support and resistance levels used by many traders. However, it can sometimes be challenging to use them frequently and get confirmation from other oscillators and indicators. With the new "Alpha Fractal Bands", a unique blend of Williams Fractals and Bollinger Bands emerges, offering a fresh perspective. Extremes can be utilized...
NVT Studio is an indicator that aims to find areas of reversal of the Bitcoin price based on the extreme areas of Network Value Transaction. Instructions: - We recommend using it on INDEX:BTCUSD - Use the daily or weekly timeframe The indicator works as an oscillator and offers to visualisation modes. 1) Showing the short term oscillations of NVT showing...
This indicator is designed to identify potential turning points in the market. By measuring the distance between the price and a moving average, and normalizing it, the MACI provides valuable insights into market sentiment and potential reversals. In this article, we will explore the calculation, interpretation, and practical applications of the MACI, along with...
Moving Average Reversals Description: The Moving Average Reversals indicator gives a quick visual representation of when a stock gets extended up or down from a user selected moving average. The color of the histogram dynamically changes as price becomes extended or within it’s normal trading range. The indicator also highlights the largest extensions...
TGIF - "Thank God it's Friday" After a heavily bearish week (tuesday, wednesday and thursday) price sometimes looks for some retracement on fridays. Vice versa for bullish weeks. This script shows how often that specific scenario happens and displays that data in a table. The user has the option to input a starting year for the statistic and is able to filter...
"Anchored VWAP Pinch & Handoff, Intervals, and Signals" is an AVWAP toolbox for those who like to use various VWAP trading techniques. The indicator is currently comprised of the following three sections: • The Pinch & Handoff section (shown above on chart) allows manually setting an upper and lower AVWAP (Pinch) along with an additional AVWAP (Handoff) by...
This is a public release of my Lot Size Calculator. I received a request for the code from a user so I am republishing the script so I can make it public (TV doesn't seem to give me the option to simply make it public once published ). This is a very simple script to use. Simply choose your entry level and stop level on the chart and the indicator will calculate...
This Indicator displays the ICT kill zones' open price You will be able to see the following open prices (ALL TIMES ARE IN NEW YORK TIME) All times and appearances are customisable to your own liking. The default time setting is recommended - 00:00 AM Midnight New York Open Price (RED DASH LINE) - 2:00 AM Frankfurt Open Price (GREEN DASH LINE) - 3:00 AM...
This script is "Moving average deviation rate" to Indexing. index = average deviation rate / (Sigma * (input:SIgma)) * 100 It's for people who like simplicity.
The "Inside Day Probability" indicator is a tool developed for market analysis on the TradingView platform. Its main objective is to calculate the probability of success of a pattern known as "Inside Day" (DÃa Interior in Spanish). An Inside Day occurs when the price range (difference between the high and low) of a candle is completely contained within the price...
Description: The ADX Divergence Indicator (ADXDI) is a technical analysis tool designed to identify potential bullish and bearish signals based on the Average Directional Index (ADX), the Positive Directional Indicator (+DI), and the Negative Directional Indicator (-DI) lines. This overlay indicator plots circles on the chart to highlight these signals. How it...
This indicator is the companion to my OIWAP (Open Interested-Weighted Average price) open source indicator. In observing the OIWAP, what seemed most interesting was the distance between price and OIWAP. This indicator plots that spread in a histogram. It seems when price is too high above all OIWAPs, it's locally overbought (sentiment is overly bullish), and...
This indicator is designed to provide traders with insights into the relative strength of a security by incorporating volume-weighted elements, effectively combining the concepts of Relative Strength Index (RSI) and volume-weighted averages to generate meaningful trading signals. The indicator calculates the traditional RSI, which measures the speed and change of...
The Buyside & Sellside Liquidity indicator aims to detect & highlight the first and arguably most important concept within the ICT trading methodology, Liquidity levels. 🔶 SETTINGS 🔹 Liquidity Levels Detection Length: Lookback period Margin: Sets margin/sensitivity for a liquidity level detection 🔹 Liquidity Zones Buyside Liquidity Zones:...
The Liquidation Lines Technical Indicator is a trading tool designed to assist traders in identifying potential liquidation levels. This indicator generates virtual positions, known as "liquidation lines", which mark the points at which these positions would be liquidated under specified conditions. Key Features: Quantity of Lines: The indicator can create up to...
This signal uses information from BITFINEX:BTCUSDLONGS and BITFINEX:BTCUSDSHORTS to forecast tops and bottoms. The idea behind is very simple. We calculate the RSI of the ratio of longs vs shorts and find areas where both the SMA of this RSI and the RSI itself are overextended. You might notice that the win rate is not high but most of the wins provide a...