This custom indicator enhances the traditional Ichimoku Cloud by allowing users to specify a custom timeframe for its calculation. The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile and comprehensive indicator that defines support and resistance, identifies trend direction, gauges momentum, and provides trading signals. Key Features: Custom...
We have now decided to make this indicator to support the trading community! If you find yourself struggling to identify bullish engulfing and bearish engulfing candles, this one is for you. Release Notes: Initial release with robust detection of bullish and bearish engulfing patterns. Added trend and volume filters for enhanced pattern accuracy. Custom...
█ OVERVIEW The Bar Outlines indicator will automatically draw bars from higher time frames onto lower time frames, allowing traders to analyse multiple levels of information at a glance. This indicator is intended to assist traders by allowing them to see different depths of the market on one single chart, as well as to improve the clarity of other indicators...
What is it? The P/E Bollinger Band indicator is a hybrid tool combining fundamental analysis (P/E ratio) with technical analysis (Bollinger Bands). It uses Bollinger Bands around a company's P/E ratio to identify potentially overvalued or undervalued zones. The P/E ratio itself measures a stock's price relative to its earnings per share. The Bollinger...
What is it? The P/E Bollinger Band indicator is a hybrid tool combining fundamental analysis (P/E ratio) with technical analysis (Bollinger Bands). It uses Bollinger Bands around a company's P/E ratio to identify potentially overvalued or undervalued zones. The P/E ratio itself measures a stock's price relative to its earnings per share. The Bollinger...
What is it ? Market Breadth is a technical analysis tool that measures the overall direction of the market by looking at the number of companies advancing versus the number declining. It's like taking a pulse of the market to see whether more stocks are moving up or down. The SET Breadth Indicator is a tool designed to help investors understand the overall...
True Market Structure Overview The True Market Structure is a technical analysis tool designed for use across all timeframes. It identifies and visualizes market structure breaks (MSBs) and break of structure (BOS) events, emphasizing interim highs and lows using the "Deroz Wick" system. Unlike many other indicators, this tool does not rely on traditional pivot...
What's the strategy's purpose and functionality? This strategy is designed for both traders and investors looking to rely on and trade based on historical and backtested data using automation. The main goal is to build profitable trend-following strategies that outperform the underlying asset in terms of returns while minimizing drawdown. For example, as for a...
The "FaikVal" indicator is a powerful tool designed to help traders analyze relative price movements between a base asset and up to three comparison assets. This indicator uses exponential moving averages (EMA) and normalization techniques to identify potential overbought and oversold situations. Functions and Applications: Comparison of Price Ratios: The...
Hello Traders! TRN ZigZag Pro is an indicator which identifies, and highlights pivot points (swings) and prints useful information about the swings in the chart (e.g. length, duration, ...). The indicator uses an extremely precise swing algorithm to detect the most important pivot points. Compared to other swing or zig-zag indicators TRN ZigZag Pro works in...
1.Description: This script is designed to calculate the limit up and limit down prices for Taiwan stock market securities based on the previous day's closing prices. It incorporates the specific tick size rules used in the Taiwan stock market to ensure accurate and compliant price adjustments. 2.Key Features: Tick Size Rules: The script applies different...
Introduction: The PVSRA Candles and Liquidity Zones Indicator is a indicator created to support your trading analysis on TradingView. This indicator integrates PVSRA candle analysis, liquidity zone identification, gap detection, and volume visualization, providing a detailed view of market dynamics. Key Features: PVSRA Candles: The indicator detects PVSRA...
Many top performing traders often discuss the importance of identifying tightness in price action as part of their entry tactics. BUT! it is difficult to find and detect, RVM is created to solve this issues. RVM – help trader to easily visualize and identify tight area , Save hours looking through chart to find price contractions. What is it ? It is an...
The Trend Oscillator indicator is a powerful tool that combines the strengths of Bollinger Bands and Keltner Channels to provide a comprehensive view of market trends and volatility. By integrating these two popular indicators, the Midas BB Trend offers a more nuanced and dynamic analysis of price movements, helping traders make more informed decisions. Key...
► Overview: The Ultra Trend strategy is designed to identify trend lines based on average price movement and execute trades when the price crosses the middle line, confirmed by an entry candle. This strategy combines ATR, Moving Averages, and customizable candlestick patterns to provide a versatile and robust trading approach. ► Description: The Ultra Trend...
This script is an Multi Asset measurement tool that can be used to evaluate or keep track of trades. Like the long and short position drawing tools, it calculates a risk reward ratio and a risk-adjusted position size from multiple entries (4 maximum), stop and take profit multiple levels ( 4 maximum) , but it also does much more: • It can be used to configure...
Volume Score Indicator (VSCR) The Volume Score Indicator (VSCR) is a powerful tool designed to enhance your trading analysis by evaluating volume activity relative to historical levels. This indicator provides valuable insights into volume trends, highlighting significant volume spikes and their implications for price movements. Key Features: 1. Volume...
The Cipher Mean Reversion Indicator is an advanced trading tool that dynamically adjusts to market volatility to provide optimal entry and exit signals. This indicator is designed to identify significant deviations from a calculated mean, signaling potential reversal points where prices might revert to their average. Core Functionality: Cipher Mean Reversion uses...