A tool that automatically draws out trend lines by connecting the most recent fractals.
The process of manual drawing out trend lines is highly subjective. Many times, we don’t trade what we see, but what we “want to see”. As a result, we draw lines pointing to the direction that we wishfully want price to move towards. While there are no...
Plots open lines and custom label based on a time provided
Can plot upto 3 lines with labels
1. Show Line - Hour - Minute - Label Text - Line and Label Color
2. Max lines, Width, Size
This indicator will automatically plot support and resistance levels and will also allow you to overlay multi time frame support and resistance on any time frame that you are currently conducting analysis on. In addition you can also set alerts when a support and resistance level is tested, fine tune how many levels you would like to view on your charts, option to...
What is QFL trading strategy?
QFL stands for Quickfingersluc, and sometimes it is referred to as the Base Strategy or Mean Reversals. Its main idea is about identifying the moment of panic selling and buying below the base level and utilizing Safety orders.
What is Base level or Support Level?
Base level or Support Level refers to the lowest price level that...
Combination of 3 indicators, first 2 are to get entry points, the last one (MESA) is to get exit points:
1) "Koalafied Volume Extension" by @Koalafied_3 - used to detect whether current trend candles are supported by volume
2) "Koalafied RSI Decision Points" by @Koalafied_3 - another indicator used to detect trend momentum
This script uses the standard pivot-high/pivot-low built-in methods to identify pivot points on the chart as a base calculation for the zones. Rather than displaying basic lines, it displays a zone from the original pivot point to the closest part of the available body on the same candle. The script comes in handy by utilizing Pinescripts available input.source()...
Smart money assistant.
Draws vertical lines by days of the week (not visible if the timeframe is daily or more than daily)
Draws horizontal lines of the highs and lows of the previous days, weeks and months (green, yellow and red lines, respectively).
Displays the imbalances on the chart
Considers the structure of the market fractally, finds long term or short...
CHS ZigZag stands for Changeable Source ZigZag
The original ZigZag indicator offered by TradingView doesn't have the ability to measure the tips and troughs based on closing prices (line chart), however, this indicator is capable of receiving an input from user that determines the price source used for further calculations.
The default inputs of the original...
This script attempts to find consolidations or retracements within the context of a previous uptrend - basically looking for flag type patterns. It first measures an initial move (referred to as the flag pole in this script) and then looks for consolidation after that move within a certain range. If the consolidation is within the rage, it plots a dot under the...
This indicator is designed to show psychological levels/round levels.
The difference between this version and the others is that :
It will automatically show round levels for each symbol you select without having to enter "tick value" manually.
Gap : If the value is equal to zero, the round levels will be found automatically, but if you change...
3 Bar Typical Price (Offset 1 Bar)
1 Bar Open Price
Crosses are Opening Crossings of Typical Price
Squares are Intraday Close over Typical Price
Line Graph is Close, with colors
Short, Medium, and Large Fractal Wave Moving Averages
Format is Price Action
Psychological Price Levels for JPY Pairs (Price Action Institutional Levels 1, 0.200, 0.500, 0.800, 1)
Applicable for forex Yen Pairs.
Levels are configurable for color, style.
Comments, Suggestions and Feedback are appreciated.
Order Blocks based on pivot reversal candle
When a pivot High or Pivot Low is found and confirmed, a box will be plotted on the open and close values of that pivot candle
You also have the ability to change the amount of candles the box stretches over as well as the colors of the bullish and bearish boxes
How To Use:-
Pivot points often provide Support and...
- This script draws array-based Pivot Points with the calculated slope on the next connecting point.
- The script works left to right, but could be be modified.
- Looks best with Label-Style on Diamonds, without Slope Text drawn.
█ Thank You!
- Many more to come which will utilize these fundamentals!
*Sourced code from Volume Flow v3 by oh92 for Bull\Bear volume flow calculations. Thank you so much for your engineering skills!
This indicator integrates the Ma-over-MA crossover strategy in oh92's V3 DepthHouse calculation with a volume-over-MA
calculation to further narrow down "Areas of Interest" levels for a potential re-test zone to the right of the...
This script is designed to help you plan your grid trading or when averaging your position in the spot market.
The script has a small error (due to the simplification of the code), it does not take into account the size of the commission.
You can set any values on all parameters on any timeframe, except for the number of orders in the grid (from 2 to 5).
A strategy focused on opening trades during a retracement of the so-called Big Candles. Instead of having to recalibrate a strategy every so often (so it stays consistent with the current trend), this Candle strategy tries to use a different approach. It will detect candles with big bodies (which are usually created during a strong push...