Introducing the Mxwll Price Action Suite! The Mxwll Price Action Suite is an all-in-one analysis indicator incorporating elements of SMC and also ideas extending beyond the trading methodology! Features Internal structures External structures Customizable Sensitivities BoS/CHoCH Order Blocks HH/LH/LL/LH Areas Rolling TF highs/lows Rolling Volume...
EMAs EMAs are typically used to give a view of bullish / bearish momentum. When the shorter EMA (calculated off more recent price action) crosses, or is above, the slower moving EMA (calculated off a longer period of price action), it suggests that the market is in an uptrend. This can be an indication to either go long on said asset, or that it is more...
The "SVMKR_VIX_Based_Levels" script is a Pine Script indicator designed to assist intraday traders in identifying dynamic support and resistance levels based on the Volatility Index (VIX). Here's a breakdown of the script and its uses for intraday traders: ### Script Description: 1. **Data Retrieval**: - The script fetches daily closing prices of the India VIX...
The Nested Candle Highlighter identifies when the current candle's body is completely enclosed by the previous candle's wick zones. It examines the upper wick zone, from the previous high to the open or close, and the lower wick zone, from the low up to the open or close. This focused analysis can signal consolidation and potential shifts in momentum, offering an...
The "Futures Risk Calculator" is designed to assist traders in calculating the number of contracts to risk based on their account size, risk percentage, and stop loss level. This script provides a convenient way for traders to determine their position size in futures or other instruments where contracts are used. The script prompts users to input their account...
This indicator aims to identify price levels where price action has quickly reversed from. These "pivots" establish major levels where major liquidity is located. Unlike standard support and resistance levels, when price breaks below or above a pivot, these pivots disappear from the chart. Comes with various customization features built to fit all. Features ...
The Crypto Liquidation Heatmap tool offers real-time insights into the liquidations of the top cryptocurrencies by market capitalization, presenting the current state of the market in a visually accessible format. Assets are sorted in descending order, with those experiencing the highest liquidation values placed at the top of the heatmap. Additional details,...
The "Price Prediction With Rolling Volatility" is a trading indicator that estimates future price ranges based on the volatility of price movements within a user-defined rolling window. HOW DOES IT WORK This indicator utilizes 3 types of user-provided data to conduct its calculations: the length of the rolling window, the number of bars projecting into the...
Combined Indicator: Solar EMA and BWMA This custom indicator combines two popular moving average techniques, the Exponential Moving Average (EMA) and the Barycenter Weighted Moving Average (BWMA), to provide insights into market trends and potential trade opportunities. Solar EMA (Exponential Moving Average): The Solar EMA is a dynamic moving average that...
Gann counting is a method for identifying swing points,trends, and overall market structure. It simplifies price action by drawing short trend lines that summarize moves. There's essentially 4 types of bar/candle. Up bar - Higher high and higher low than previous bar Down bar - Lower high and lower low than previous bar Inside bar - Lower high and higher low...
Introduction This is a new representation of my well-known oscillator Hybrid Overbought/Oversold Detector overlaid on the chart. The script utilizes the following 12 different oscillators to bring forth a new indicator which I call it Hybrid OB/OS . Utilized Oscillators The utilized oscillators here are: Bollinger Bands %B Chaikin Money Flow (CMF) ...
The Volume Indicator provides a visual representation of trading volume, expressed in U.S. dollars, directly on your chart. It multiplies each candle's closing price by its volume to compute the volume in dollar terms, offering a clearer perspective on market activity relative to price movements. Features: Volume Calculation: The indicator calculates the volume...
Components of the Indicator RSI Settings: The RSI is set with a length parameter, which can be adjusted by the user but defaults to 14. This measures the speed and change of price movements. MACD Settings: The MACD is composed of two lines: the MACD line and the signal line, which are calculated from exponential moving averages (EMAs) of different lengths...
The "Bullish Candlestick Patterns With Filters" is a trading indicator that identifies 6 core bullish candlestick patterns. This is further enhanced by applying channel indicator as filters, designed to further increase the accuracy of the recognized patterns. 6 CANDLESTICK PATTERNS Hammer Inverted Hammer Bullish Engulfing The Piercing Line The...
Script Features Dynamic Period Choice: The user can adjust the calculation period (period) for relative performance, allowing flexibility according to specific market analysis needs. Sector Selection: The script takes into account different economic sectors through well-known ETFs like QQQ (technology), XLF (financial), XLY (consumer discretionary), XLV...
This indicator mirrors TradingView's bar replay feature to a certain extent, offering traders a streamlined way to analyze past market movements. It's a practical tool for strategy testing, pattern recognition, and refining trading approaches. While it may have some limitations, it offers a practical solution for strategy testing and refining trading approaches...
The "Symbol Correlation" indicator calculates and displays the correlation between the chosen symbol's price and another selected source over a specified period. It also includes a moving average (SMA) of this correlation to provide a smoothed view of the relationship. Why SMA and Table Display ? The inclusion of SMA (Simple Moving Average) with adjustable...
The Average True Range (ATR) indicator is a technical analysis tool used to measure market volatility. The ATR indicator is designed to capture the degree of price movement or price volatility over a specified period of time. It does this by calculating the true range for each bar or candlestick on a chart and then taking an average of these true range values over...