The "3 Bar Play" is a simple yet powerful pattern that traders look for as a signal of potential market movement. The pattern is defined by a sequence of three bars (or candlesticks) on the chart: I saw Rake Trades post about this pattern. It not a new concept just wanted it to automatically be plotted on my chart rather then looking out for it. Up 3 Bar Play:...
Wyckoff Trading Range Indicator - an indispensable tool for the astute trader. Uniquely capable of identifying and charting Wyckoff trading ranges, this indicator not only accurately pinpoints accumulation and distribution phases but also marks key events, ensuring you never miss significant trading opportunities. Moreover, with the ability to calculate target...
Supply & Demand Zones (Order Block) Pro with DBD/RBR/RBD/DBR/FVG This indicator helps to identify large price moves driven by banks and institutions. It can be used for any asset type (FOREX, crypto, commodities, indices) and any timeframe. How to use this indicator Message me to gain access. I try to reply within 24 hours. Consider this as more of a...
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: ā¢ Double Smoothed Momentum (DM): This is...
The VWAP tracks the average price, giving weight to each candle based upon its' relative volume. In other words, high-volume candles move the VWAP faster than low-volume candles. On a good day, market maker: -Buys the dip -Pumps past resistance, causing bullish FOMO -Sells into the bullish FOMO, causing bearish FOMO -Buys the dip (rinse and repeat) By default,...
Introduction: The Trend Scope presents a cutting-edge approach to technical analysis, offering traders a distinctive perspective on market momentum through dynamic visualization. This innovative indicator harmoniously blends the momentum-based Rate of Change (RoC) with the smoothing precision of a Butterworth filter and the clarity of a Fisher Transform, all...
š Introducing the Momentum Conceptsā¢ , a robust multi-layered momentum analysis tool developed by AlgoAlpha . This All-in-One indicator offers a comprehensive approach to understanding market momentum, empowering traders with hyper customizable features to tailor their analysis to their specific trading strategies. Designed with efficiency and compactness in...
Growth stock investors are concerned with Earnings per share that is growing, Sales (Revenue) that is growing and Increasing gross margins. This indicator helps view each of these parameters. On the chart is Tesla (TSLA) gross margin (blue line) on a 12 trailing months basis (TTM). As you can see, TSLA's margins appear to be eroding. The user selects one of the...
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...
Double Inside Bar Indicator Or Consecutive Inside Bar Highlighting This custom Pine Script indicator is crafted for traders who utilize the traditional Inside Bar . A Double Inside Bar is a more specific pattern, involving two consecutive bars that are both contained within the range of a preceding "mother bar". This script not only detects these patterns but...
SMA with ATR Bands This custom indicator combines the Simple Moving Average (SMA) with Average True Range (ATR) bands. Itās designed to help traders identify potential price reversals and gauge volatility. Hereās what it does: Simple Moving Average (SMA): The SMA represents the average price over a specified period. It acts as a trend-following line,...
The code outlines a trading strategy that leverages Relative Strength (RS) and Rate of Change (RoC) to make trading decisions. Here's a detailed breakdown of the tactic described by the code: Ticker and Period Selection: The strategy begins by selecting a stock ticker symbol and defining a period (len) for the calculations, which defaults to 14 but can be...
Unlocking Market Dynamics: Kyrie Crossover Script by @zaytradellc personalized trading success with the "Kyrie Crossover" script, meticulously crafted by @zaytrade. This innovative Pine Script, tailored to the birthdays of Kyrie and the script creator, combines the power of technical analysis with a touch of personalization to revolutionize your trading...
āāOVERVIEW This script presents an implementation of the digital smoothing filter introduced by John Ehlers in his article "The Ultimate Smoother" from the April 2024 edition of TASC's Traders' Tips . āāCONCEPTS The UltimateSmoother preserves low-frequency swings in the input time series while attenuating high-frequency variations and noise. The defining...
In our long-term strategy, we have deeply explored the key factors influencing the price of Bitcoin. By precisely calculating the correlation between these factors and the price of Bitcoin, we found that they are closely linked to the value of Bitcoin. To more effectively predict the fair price of Bitcoin, we have built a predictive model and adjusted our...
Note: If you get an error preventing indicator from executing due to a loop running longer than >500ms, please lower the amount of boxes shown and/or increase the minimum gap % threshold. OVERVIEW The Gaps Profile (GP) simply shows the remaining gaps on the chart that have yet to be closed. Gaps are created where there's a distance between the current open and...
This custom Pine Script indicator is designed to analyze assets, including cryptocurrencies, through a lens inspired by the Cauchy distribution's characteristics. It focuses on identifying potential long and short opportunities by evaluating the asset's price position relative to a dynamically calculated median price and a scale parameter. Here's a breakdown of...
šµ Introduction The Price Action, styled as the "Smart Money Concept" or "SMC," was introduced by Mr. David J. Crouch in 2000 and is one of the most modern technical styles in the financial world. In financial markets, Smart Money refers to capital controlled by major market players (central banks, funds, etc.), and these traders can accurately predict market...