Introduction Have you ever heard that each candle represents a battle between bulls (buyer) and bears (seller)? If you know the answer, apparently you understand what the price action means. What if I ask you, how much was bloody in each battle between bulls and bears?!. This indicator may give a clear picture of how to identify the candle’s strength by...
This Indicator is all you need to day trade. Overview: This is a intraday/scalp trading Indictor works using MTF- MA,MACD,RSI for trend ,SRSI For Entries , Murrey Lines for Targets and ATR For Stop Loss , it is designed for all type of markets (crypto, forex, stocks, commodity etc.) and works on all commonly used timeframes . About The Indicator : This...
OH2B TRADING INDICATOR The OH2B Trading Indicator is an indicator built for beginners. It gives you entry points for BUY and SELL based on Trend Channel and Ema-Crossover. It also gives you EXIT POINTS for taking profits based on the Average Directional Index and Relative Strength Index. TRADING WITH OH2B INDICATOR The OH2B Trading Indicator ...
Beacon uses the current volatility of the market based on your trading time frame to determine support and resistance levels, whether a trend is intact or ready to revert back in the range. One of the most difficult things I went through as a trader was determining whether we are in a trend day or if we are in grind up or grind down mode. I created Beacon to...
OH2B Trading Indicator The OH2B Trading Indicator is an indicator built for advanced traders. It gives you entry points for BUY and SELL based on Trend Channel and Ema-Crossover. It offers you a higher frequency of signals for swing trading. The Take-Profit Indicator gives you exit points for taking profits based on the Average Directional Index and...
Hello everyone, these are the alerts for my previous "MACD Bull Crossover and RSI Oversold" Long Strategy. This version currently does not support stoploss and takeprofit alerts but the next update will.
This code is modified to draw the first 15 minutes(variable in setting by default 15m is set) of the high and lows through out the day. It will work on time frames less than than or equal to 1st input. Hope this code helps you all. IMPORTANT SETTING DETAILS: 1.Res = input(title="Starting X minutes lines to be Displayed",defval="15",...
ENGLISH: Goersch Trend Indicator for TradingView is a trend indicator that shows the actual trend and the trend strength based on the price movement of the past. The indicator can be used for any underlying and trading timeframe. The special feature is that it is extremely easy to interpret and that it works "out-of-the-box". The calculation automatically...
So the idea of the Daily Play Ace Spectrum is to extend the Ace Spectrum . By exposing more parameters, making a variation of the Ace Spectrum which is more configurable. The idea is this makes the Daily Play Ace Spectrum more suitable for use on shorter (hourly and minute) time scales. These specific parameters exposed still maintain the original form ...
The above is the five minutes chart for $aapl The script is useful in identifying price levels for the short term trading. The inputs are based on Fibonacci ratios but on yearly basis. You will need to enter the pair ratio for where the stock is between ( I will show you). Those pairs are as...
What is Scalping? Scalping is a trading strategy aimed at profiting from quick momentum in a volatile index or stock. Traders who use such strategies place anywhere from 10 to a few hundred trades in a single day. The idea behind such type of trading is that small moves in an index or stock price are much easier to capture than the larger moves. Traders...
Dear followers, today a new analysis tool for day trading, scalping and swing trading: Automatic Fibonacci Retracements and Extensions drawer! It works on every timeframe and market, as it simply draws automatically most important fibonacci levels on the chart. Based on the analysis window set (default 100 bars, but you can edit it as you like), it finds...
Dear followers, today a nice scalping tool for day trading on low time frames (1-3-5 minutes)! Each day the indicator will print some important levels and ranges related to the trading day before: yesterday high (black line) yesterday day range averange (silver line) yesterday low (black line) average between yesterday high and yesterday average, together...
In a nutshell I was tired of guestimating what my risk was between pivots when getting into trades I went to work on the basic math behind the relationship of the pivots to find their natural risk to reward ratios. The natural risk to rewards span high and low...for example...you can go from the S3 --> R3 and that R:R is with a stop loss of the S4 is 7.4 But...
volume is very essential in trading because it helps show the seriousness of the movement of a financial asset. For example, a sharp increase in the price of a currency that is not supported by large-volume can turn out to be a false breakout. The Klinger Oscillator ( KO ) developed to be both short-term sensitive and long-term accuracy. The Klinger Oscillator...
I've added a few lines to Mawreez' RSI Divergence Detector. I edited the visual and filtered the signals in same direction of the current candle. this indicator shows long and short signals based on divergences. It's better not to trade against powerful trend.
It is a well known fact that actual drivers of the market are Big Institutions, Mutual Funds & Big Guys with deep pockets. They have large amounts of money to invest and they buy & sell in bulk. When they buy, often their objective is to buy at lower levels (below average price of the day) & when they sell they sell at higher levels (above average price of...
This draws a label to alert user when a higher timeframe candle closes on a intraday chart. Purpose of it is so that people who mainly use lower timeframe charts do not forget to look at higher timeframe candle closes.