Releasing this utility tool for leveraged share traders and investors. It is very difficult to track the amount of decay and efficiency that is associated with leveraged shares and since not all leveraged shares are created equally, I developed this tool to help investors/traders ascertain: 1. The general risk, in $$, per share associated with investing in a...
Introducing the Volume Exhaustion by AlgoAlpha, is an innovative tool that aims to identify potential exhaustion or peaks in trading volume , which can be a key indicator for reversals or continuations in market trends 🔶. Key Features: Signal Plotting : A special feature is the plotting of 'Release' signals, marked by orange diamonds, indicating points...
Best for Short-Term/Intraday Trading on SPY, TSLA, NVDA Strategy Concept: This strategy is designed for short-term trading across various assets and timeframes (Recommend: 1min, 5min, 15min, 1hr, 4hr, 1day). It leverages the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) to identify potential buy and sell signals. The strategy...
Hedge Coin M - Statistical Support and Resistance Introduction "Hedge Coin M - Statistical Support and Resistance" is a sophisticated, statistically-driven indicator designed specifically for traders in the COIN-M market on Binance. It offers a nuanced approach to identifying key market levels, focusing on the dynamics of support and resistance through advanced...
SandTiger is an auto-counting tool that counts naturally occurring events in a price series. This version has been reduced to 377 lines of code and should run faster than previous versions. Although not shown here, I highly recommend running my 'ELB' script with SandTiger. ELB is an 'event locator' and will mark all points that SandTiger numbers - giving you...
The Market Health Monitor is a comprehensive tool designed to assess and visualize the economic health of a market, providing traders with vital insights into both current and future market conditions. This script integrates a range of critical economic indicators, including unemployment rates, inflation, Federal Reserve funds rates, consumer confidence, and...
The Whalemap indicator aims to spot big buying and selling activity represented as big orders for a possible bottom or top formation on the chart. 🔶 CALCULATION The indicator uses volume to spot big volume activity represented as big orders in the market. for i = 0 to len - 1 blV.vol += (close > close ? volume : 0) brV.vol += (close < close ? volume :...
Rotation Cycles Graph Indicator Overview: The Rotation Cycles Graph Indicator is designed to visualize rotation cycles in financial markets. It aims to provide insights into shifts between various market phases, including growth, weakening, recovery, and contraction, allowing traders to potentially identify changing market dynamics. Key Components: ...
█ Introduction and How it is Different The "Pivot Percentile Trend - Strategy" from PresentTrading represents a paradigm shift in technical trading strategies. What sets this strategy apart is its innovative use of pivot percentiles, a method that goes beyond traditional indicator-based analyses. Unlike standard strategies that might depend on single-dimensional...
The Crypto Marketcap Dominance Overview indicator is a simple yet very useful indicator that aims at helping traders identify where the crypto liquidity is flowing. The indicator uses Cryptocap's real time crypto marketcap dominance data (in %) between several key categories: - Bitcoin - True total 2 (altcoins and Ethereum excluding the top 3 biggest...
The Doda Stochastic Indicator is an oscillator designed to identify primary trends in asset price movements, operating on a scale from 0 to 100. It offers potential buying signals when it fluctuates between 0 and 20, and potential selling signals when it trends between 80 and 100. To reinforce the reliability of these signals, traders often complement them with...
Library "lib_fvg" further expansion of my object oriented library toolkit. This lib detects Fair Value Gaps and returns them as objects. Drawing them is a separate step so the lib can be used with securities. It also allows for usage of current/close price to detect fill/invalidation of a gap and to adjust the fill level dynamically. FVGs can be detected while...
The Intraday Fibonacci Levels Indicator is a powerful tool designed to enhance trading decisions in intraday markets. Leveraging the dynamic nature of Fibonacci retracement levels, this indicator utilizes the high and low prices observed within the first 15 minutes of the trading session to plot key levels and establish potential entry and exit zones. Key...
Release Notes: The Activity and Chop Score was designed to help traders quickly determine if a market is active and/or choppy (not moving with any urgency). Slow and chopping markets should be approached with caution or avoided. How does it work? The Activity Score incorporates momentum and the linear regression. Momentum (change in price over time) is compared...
This indicator shows in a different way how to evaluate the BIAS Daily. Evaluate yesterday's closed candle and that of the day before yesterday The conditions are: LONG BIAS = Candle closed above High Candle [2 ] - In this condition a long continuation can be considered SHORT BIAS = The candle closed below the low candle [2 ] - In this condition a...
This is a simple volatility-breakout strategy which uses the difference in two different zero-lag* EMAs (explained below on what exactly I mean by this) to track the upwards or downwards strength of an instrument. When the difference breaks above a Bollinger Band of a configurable standard deviation multiple, the strategy enters based off the direction of the...
█ Overview The Precision PinBar and Bloom Pattern Concept by Zeiierman introduces two new patterns, which we call the Bloom Pattern and the Precision PinBar Pattern. These patterns are used in conjunction with market open, high, and low values from different periods and timeframes. Together, they form the basis of the "PinBar and Bloom Pattern Concept." The...
This indicator will show you a red circle above candles when Stoch RSI K value is greater than your "overbought" value, and a green circle above candles when Stoch RSI K value is below your "oversold" value. Updatable oversold and overbought values.