Displays recent higher highs, lower highs, lower lows, and higher lows as a collection of local limit indicators. In its simplicity is a lot more powerful than might appear at first glance. Does not rely on volatility calculation. Can be linked together to create an objective view of recent support and resistance levels. Makes current trends more visible. ...
The selection sort algorithm sorts an array by repeatedly finding the smallest element from unsorted array and pushing it to the beginning. Two subarrays are maintained during the execution of the script. One of the subarrays is in a sorted state while the other is in a sorted state. After each iteration of the for loop the sorted list is searched for the next...
This is a study intended to port the work of /u/QuantNomad's "Kozlod - All-time high/low alerts" to pine version 4 without giving any alerts. It is intended to capture the most extreme points on any given price chart in real time, the absolute high and absolute low points. Ideally, the plotted lines would strictly diverge from one another in opposite directions...
This is the Lord Pepe. Howdy. Basic buy/sell indicator to accumulate along a downtrend and release your stack during the uptrend and oversold levels of the stochastic. The buys should be used to stack, and sells indicate levels of profit taking, they do not signal a long term reversal, only < 25% of stack should be released on "OB" signals. OB - overbought...
Displays recent higher and lower highs. In it's simplicity is a lot more powerful than might appear at first glance. Does not rely on volatility calculation. Can be linked together to create an objective view of recent resistance levels. Makes current trends more visible. Excellent as a trailing stop (short) algorithm. Can be used with its sibling: ...
Displays recent higher and lower lows. In it's simplicity is a lot more powerful than might appear at first glance. Does not rely on volatility calculation. Can be linked together to create an objective view of recent support levels. Makes current trends more visible. Excellent as a trailing stop algorithm. Can be used with its sibling: Local Limit Upper
Chobotaru Indicator has two functions: 1. Probability cloud, giving the probability of stock or future to move to a certain price. 2. Help traders understand where to take profit and where to put a stop-loss. You don’t need knowledge about options trading, this indicator is for all traders/investors. What does the indicator do? The indicator is based on the...
Hello Traders, This is "Point and Figure Chart (PnF)" script that run in separated window in real time. The separated PnF chart window is timeless, so no relation with the time on the chart. PnF chart consist of "X" and "O" columns. While "X" columns represents rising prices, "O" column represents a falling price. If you have no idea about what PnF charting is...
T-WAP spider is a simple script to gather most important T-WAP levels often used by algos and intraday traders to track mean reversion and high probability Support & Resistances. The lines will chance color depending on price placement above or bellow. Traders can use this to gauge over or under extension from the mean and identify RR opportunities within...
This indicator is used to automatically plot the strongest support and resistance points that are nearest to the current price Based on the calculations of the High & Low points MM Zone Out works on all assets and all time frames so it doesn't matter whether you are a scalper, intraday or swing trader. you can adjust the settings to have the indicator scan for...
Hello, I'm Angel House, an analyst and indicator developer of cryptocurrency. I would like to introduce the newly developed strategic indicators. - The Observer strategy indicator is a strategic indicator for trading in the cryptographic market. - This indicator is available in all time zones, but day training is optimized for 1 hour and skelping is optimized...
Support and Resistance is an indicator created by using softened moving averages and candle formations and passing through certain filters. Support and Resistance is the indicator of an algorithm that works very efficiently in the horizontal market in a time interval of 5 minutes. The blue and red lines serve as both support and resistance. When there is a new...
Level: 3 Background Bias alone is a powerful tool for trading. I use SMA3, SMA10, SMA20, SMA30 to cover short and middle term of the trend for scalping. Multiple biases can be introduced for long and short entries. Function Use SMAs and biases for scalping with whale move alert (banker fund flow detection) Key Signal buy --> entry signal for long strongbuy...
Penguen is an indicator created by using softened moving averages and candle formations and passing through certain filters. Penguen is the indicator of an algorithm that works very efficiently in the horizontal market in a time interval of 5 minutes. It has the ability to generate more signals in the horizontal market than the trend market. Although the profit...
RECOMMENDATION: I PREFFER USE THIS ON 4H OR 1D TIMEFRAME In the following article, I have completed the creation of this semi-automatic script dedicated to institutional capital management in the different markets, its development was carried out under operations that exceed a balance greater than 1 million usd, which will allow you to summarize your technical...
This is a standalone version of the Support and Resistance/Average True Range paradigm for the Jackrabbit suite and modulus framework. This module does not have a signal line and does not support integration with other modules. Support and Resistance and ATR are preset and tuned to very specific settings for maximum profitability. The blue line is the current...
COTBase iCOT indicator is based on reverse-engineering the Commitments of Traders data and creating a proprietary algo, which mimics real COT data on any time-frame and chart type. We advise to use it mainly on time-based charts, on smaller than 4 hr per bar time-frames. A multi-time-frame analysis is recommended where the smaller time-frame signals are confirmed...
COTBase iCOT indicator is based on reverse-engineering the Commitments of Traders data and creating a proprietary algo, which mimics real COT data on any time-frame and chart type. We advise to use it mainly on time-based charts, on smaller than 4 hr per bar time-frames. A multi-time-frame analysis is recommended where the smaller time-frame signals are confirmed...