UPDATE: *Added Pivot Levels for a better market lecture. Advice, try to filter the early B signals by pivot strength. Stay tunned!
Hey! I have been working on this script the lasts days, it's a collaboration with an uruguayan mate. #####IMPORTANT##### * It has been optimized for 4h charts, use it on other at your own risk. * Always use Stop Loss, since it might give false signals after a long trend. * I'm still working on it, I'm going to add candlestick pattern filtering. Thanks for your...
This script detects price action congestion. These congestions are marked on chart itself.
This is the first of my RENKO strategies and studies series. I'm developing some studies on Renko charts from a while and now is time to share the results. This startegy is based on this idea: to measure the "vigor" or strength of a price action and to follow it. I use Renko charts to identify the price action. The indicator will rise or fall when a price action...
Have you ever wondered why so many forex traders get trapped in weak positions on the wrong side of the market? One of the easiest ways the market makers do this, is by using volatility. A currency pair moves suddenly, often on a news release or economic data. Traders jump in, expecting some quick and easy profits, but the move suddenly moves in the opposite...
For aspiring price action traders, reading a candle chart at speed can be learned, but is a skill which takes years to perfect. For lesser mortals, help is required, and this is where the Quantum Dynamic Price Pivots indicator steps in to help. As a leading indicator based purely on price action, the indicator delivers simple clear signals in abundance,...
Full version yet to come. Initial Version includes a lot of indicators and moving average options. Price action bars to be released in V2
Portfolio chart with total value. I will try to optimize it, maybe add % option if I findout how ;p Or maybe a normalization would be good, idk. Cheers!
This is an experimental study designed to filter out minor price action for a clearer view of trends. Inspired by the QQE's volatility filter, this filter applies the process directly to price rather than to a smoothed RSI. First, a smooth average price range is calculated for the basis of the filter and multiplied by a specified amount. Next, the filter is...
This is an experimental study designed to identify the trend of price action over a specified period using percentiles. First, the 50th percentile is calculated over the sampling period using the nearest rank method. I've found that this calculation is useful as a proxy for moving averages and other filters of that class. Next, the channel levels are calculated....
It is a graphical indicator used to identify trends and pullbacks. Through it, it is possible to eliminate the noises and clearly see the smoothed pattern. How should I use it ? This is just a example to be used with this indicator. Let's assume that we are looking for sell opportunities. step 1: identify some (at least 3) positives (green) candles with a good...
It is a graphical indicator used to identify trends and pullbacks. Through it, it is possible to eliminate the noises and clearly see the smoothed pattern. How should I use it ? This is just a example to be used with this indicator. Let's assume that we are looking for sell opportunities. step 1: identify some (at least 3) positives (green) candles with...
Hi Traders, I have a newcomer for impulsetrading. This indicator is an oscillator that show without legs impulses of Price Action . For the expertise: you can use it for counting elliott waves ! Have fun and winning trades!
The idea of this oscillator / indicator came from Ichimoku , how it draws and how it calculates different averages in different scales. The formula used for this indicator is totally different from Ichimoku , as you can compare the left and right charts, with same setting between my indicator and ichimoku , different results show up. The inputs that you can...
this is an updated version of the Swinging Karate monkey Death Crossing PRO, now it includes a tool for longer lasting Swing Trades default upload of the indicator shows the regular previous indicator (placing the price line on top of the chart, you´ll have to manually reposition it, sorry newbie coder headaches ): ) on settings you have the option to activate...
I have redesigned the first candlestick patterns. This one works with most time frames... The only time frames that it have some difficulties is the 1min to 15min and only on the doji, because sometimes the doji doesnt have any points(pips) in movement. 1. This is a editable indicator. You can change all the colors the way you want them. I have changed my...
It is a simple script that take price action and EMA 13 crossovers to give visual buy and sell signals which works on all timelines. Sample Chart: