Keep higher timeframe OHLC in mind by watching the candle form on LTF charts. Inspired by ICT concepts, specifically concerning the daily OHLC.
Library "PerformanceTable" TODO: add library description here This library was created as a library because adding a performance table to an existing strategy script made the strategy script lengthy and inconvenient to manage. The monthly table script referenced @QuantNomad's code. The performance table script referenced @myncrypto's code. To use, copy and...
The liquidity swings indicator highlights swing areas with existent trading activity. The number of times price revisited a swing area is highlighted by a zone delimiting the swing areas. Additionally, the accumulated volume within swing areas is highlighted by labels on the chart. An option to filter out swing areas with volume/counts not reaching a user-set...
We are proud to release a new indicator that has been a while in the making - the Any Oscillator Underlay (AOU) ! Note: There is a lot to discuss regarding this indicator, including its intent and some of how it operates, so please be sure to read this entire description before using this indicator to help ensure you understand both the intent and some...
RedK TrendBeads is a super simple 3 x Moving Average Crossover Signal (Long/Short/Break) script that provides a simple and effective way for traders to identify potential trading opportunities. By combining three moving averages and only exposing a simple signal, the script helps filter out noise and focus on the trend and the trade...
Arron Meter With Alerts is an indicator to identify the trend, and a meter shows the percentage of AroonUP and AroonDown. Alert Settings It will be part of a display of bullish and bearish signals by using the condition of the upper line cross lower line and HMA 200 cross under/over EMA 12, and also upper/lower line must be higher than 70%
Library "SH_Library" events() Returns the list of dates supported by this library as a string array. Returns: array : Names of events supported by this library fomcMeetings() Gets the FOMC Meeting Dates. The FOMC meets eight times a year to determine the course of monetary policy. The FOMC announces its decision on the federal funds rate at the...
Level: 1 Background Use the difference of Jurik MA and SMA equivalent (ALMA) to observe something new for volume. Function Trading volume is an important technical indicator that is not easy to see the law. I try to match the trading volume with the deduction theory, and the deduction double-average theory is matched with the measurement capacity. I will...
This is a simple educational indicator that draws a pseudo-random new card from the deck every time the bar changes. This indicator is not intended to be used for making trading decisions; it's just for fun. The coding concept is a fork/iteration of the Inspirational Watermark indicator which can be found here !! DISCLAIMER: The PineScript(v5) function...
This indicator highlights deviations from broadening formations (or megaphone patterns). Deviations from broadening ranges can often foreshadow reversals, especially in consolidation phases. These deviations are highlighted via trendlines that change color when tested, and also have the option to be alerted. These broadening formations are heavily used with "The...
TTCATR: Triangular Trend Channel ATR is a script to dynamically create a trend channel. It uses Moving Average & the Average True Range function to calculate support and resistance levels automatically. The MA choices available are: SMA = simple moving average EMA = exponentially weighted moving average RMA = moving average used in RSI WMA = weighted moving...
Volume & price have a direct correlation with each other. If the fundamental value changes, the price changes and volume follows. If the technicals change, volume changes and price follows. Because the relationship between volume and price is so connected, I created a script highlighting important volume flow measurements. The VolumeFlow indicator combines...
As always, this is not financial advice and use at your own risk. Trading is risky and can cost you significant sums of money if you are not careful. Make sure you always have a proper entry and exit plan that includes defining your risk before you enter a trade. This idea recently came out of some discussions I stumbled across in a trading group I am a part of...
Shows basic pivot point of support and resistance levels. Will show alerts for break of sup. or res. Allows for a volume filter for sup. res. breaks as well. "B" means break of either a Sup. or Res. level with volume greater than the threshold. "Bull/Bear Wick" means bullish/bearish candle on break. Left - number of bars left hand side of the pivot . Right...
**Long Only Strategy** When Price drops below the ATR band below it will enter a buy on the next candle open SL at current price minus ATR* ATR multiplier TP at Mean EMA or if higher than Mean EMA and current candle low is below previous candle low or if price is above ATR NB: I would highly recommend a low fee broker (I use ICmarkets raw spread account) due to...
This stoploss allows to filter high volatility fake trends; But how we are made it; we are calculating the last spikes value average and calculating the standart deviation, after we added to the standart stoploss formula price+2atr and voila!! Your stop loss is ready. The idea behind this formula: what is explosing our stops? fake-out spikes. We think if we get...
I have created a peer performance dashboard for: 36 stocks from: 5 sectors of Nifty 100 This kind of dashboard is very useful for traders when they are planing to trade in a stocks and like to see how that is stocks is performing against other stocks in the same sector . Picking outperforming stocks will always give outstanding results when market starts...
█ OVERVIEW This indicator displays zigzag based on high and low, which is using user-defined types (UDT) or objects . █ CREDITS LonesomeTheBlue █ FEATURES 1. Label can be resized. 2. Label can be display either short (Eg : HH, LL, H, L, etc) and long (Eg : Higher Low, etc) 3. Color can be customized either contrast color of chart background, trend...