The Liquidity Swings indicator highlights swing areas with large trading activity for traders to find accumulation/distribution zones as well as levels to trade as support and resistance. The number of times price revisited a swing area is highlighted by a zone delimiting the areas. Additionally, the accumulated volume within swing areas is highlighted by labels...
Inspired by the works of David Weis, this indicator is an alternative to his classic Weis Volume Waves.
As the name implies, this indicator uses a Hull Moving Average to detect price swings, and calculates the cumulative volume for each of them, separating the up swings from the down swings.
The chosen length of the HMA determines the size of each swing,...
Level: 1
Background
One of the biggest differences between cryptocurrency and traditional financial markets is that cryptocurrency is based on blockchain technology. Individual investors can discover the direction of the flow of large funds through on-chain transfers. These large funds are often referred to as Whale. Whale can have a significant impact on the...
A simple example script showing how to use label.new() to plot pivot prices on the chart.
A full tutorial and commentary is available on the backtest-rookies website.
Based on Rick Santos ' Swing Charts V1 Darvas Box V0.1'
However I have migrated script to pine version 3, customized to suite and added a higher number for the trend count
This indicator detects large swings/pivots in historical price action to highlight tops and bottoms which might act as future levels of support or resistance. The code by default detects the last 3 significant swing highs and the last 3 swing lows. It then places lines on the chart to highlight those levels.
For a full overview of the indicator and code...
Candle based indicator that shows swing highs and lows (pivots).
It draws an up or down arrow for simple three candle 'single' swings.
For stronger five candle 'double' swings, it colours the candle. Good for highlighting stronger reversals.
Both of these stylings can be toggled on/off individually.
Default colours
Swing HIGH on an UP candle: bright...
This indicator will help you if you struggle making any profit in bitcoin.
It generates very few signals with very nice profit potential ( around 100% this year ! ).
Perfect tool for longterm swing traders and new traders that need help figuring out the midterm trend.
Use it with these parameters only:
weekly: 13, 5, 12
daily: 92, 21, 96
![GBPUSD: Liquidity Swings [LuxAlgo]](https://s3.tradingview.com/1/1S2VOnJP_mid.png "Liquidity Swings [LuxAlgo]")
![LINKUSD: [blackcat] L1 Whale Jumping out of the Ocean](https://s3.tradingview.com/n/NsQZ3Dow_mid.png "[blackcat] L1 Whale Jumping out of the Ocean")
