This indicator show in different way the bank session teached by ICT in his channel (Asian Range, London Open, New York Open, London Close). The user have the opportunity to change the visualization from a beacon to a box, and is possible to show the amount of pips of box range with the "info" check. If something isn't clear comment below and I will answer as soon...
This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously. Our third one we are automating is one of the strategies from "The Best 3 Buy And...
HHV and LLV gives good information about the trend. A trend will be visible when its seen with fast and slow line cross UP trend: HHV_fastline = HHV Slowline and LLVfastline crossover LLVSlowline DOWN trend: HHV_fastline crossunder HHV Slowline and LLVfastline !=LLVSlowline Attempted to plot the same with multiple options to choose fastline length,...
Is a tool used to catch market momentum. If the color is green it means the bulls are in momentum or the prices will continue to increase, if the color is red it means the bears are in momentum or the prices will continue to decrease and gray color means the market is consolidating. This tool is made from moving averages and RSI. You can place a buy order when...
Theory: Although T3 is widely used, some of the details on how it is calculated are less known. T3 has, internally, 6 "levels" or "steps" that it uses for its calculation. This version: Instead of showing the final T3 value, this indicator shows those intermediate steps. This shows the "building steps" of T3 and can be used for trend assessment as well as for...
Core Concepts Using Bill William's fractals (can be any types of pivots), we want to find outlier fractals using the median absolute deviation (MAD). When the true range falls outside the specified threshold, it is counted as an outlier. These outliers tend to have significance. Prices usually react to those levels in the future, sometimes a single level and...
This simple script provides a visual aid for price action traders by coloring outside & inside candles, which in effect leaves the trader with 6 possible candle colors: -Regular bullish candle -Outside bullish candle -Inside bullish candle -Regular bearish candle -Outside bearish candle -Inside bearish candle These candlesticks may provide powerful signals when...
BINANCE:ETHUSDT The CAP index is my own homebrew trend indicator made to help traders see the slightly bigger picture, because we all know that as traders we can tend to hyper-focus in on a few candles and end up making a stupid trade because of it, or is it just me ? On a more serious note this indicator helps you find the short term trend by looking at bullish...
The BBWP Boom & Doom indicator is intended to identify directionality of BBWP expansions. A "Boom" or "Doom" signal is triggered when BBWP is expanding from low values, volume is greater than the defined moving average, and a shadowless Heikin-Ashi candle are all present. Heikin-Ashi data is gathered behind the scenes within the script so it is best to use...
This script draws parallel channels using pivot points for trend analysis. Script draws maximum 4 parallel channels if suitable up or down trend already exists on the chart according to chosen Pivot Length and Multiplier. You can change Multiplier to draw Higher Time Frame Channels. Good luck!
Description: A well-known and vastly used momentum indicator, a Relative Strength Index (RSI) by J. Welles Wilder Jr., aims to evaluate the current price to its oversold/overbought area while giving an overview of bearish/bullish momentum. In this indicator, simply adding the super-smoother function (John F. Ehlers) was applied to the RSI line to create a more...
█ This indicator shows V bottom & V top patterns as well as potential V bottom & V top. These V bottom & V top are chart powerful reversal patterns. They appear in all markets and time-frames, but due to the nature of the aggressive moves that take place when a market reverses direction, it can be difficult to identify this pattern in real-time. To address this...
Overview This strat applies the data from BITFINEX:USDSHORTS to the RSI indicator in order to provide SHORT/LONG entries as the number of contracts goes up and down. Although Bitfinex has lost relevance over the years its generally considered an exchange dominated by smart money rather than retail. I'd like to see if any insights can be gained by following...
Blockchain Fundamentals: 200 Week MA Heatmap This is released as a thank you to all my followers who pushed me over the 600 follower mark on twitter. Thanks to all you Kingz and Queenz out there who made it happen. <3 Indicator Overview In each of its major market cycles, Bitcoin's price historically bottoms out around the 200 week moving average. This...
Hi, here is my take on 'Cup & Handle' Pivot Points - ph (highest points in a certain period) are stored in an array When there is a new ph , previous ph's are compared to the latest one. A temporary test line is drawn between these 2 points. The script checks if a close (between these 2 points) doesn't break above this test line. (test line is deleted...
We are forever drawing key levels on our charts with saved drawing templates, but finding the levels, adding the labels, is all tedious stuff. We have indicators, but we have multiple different ones at a time. What if you could just tick a box on/off? Well now you can. This all in one 'levels' indicator is designed to show all the key highs and lows from...
It's a simple example of how you can present your strategy's monthly performance in a chart. You maybe know that there is no support of these kind of charts in TradingView so this chart is actually a table object under the hood. Table visual appearance is customizable, you can change: Location Bar Width / High Colors Thanks to @MUQWISHI for hard work,...
This indicator is very strong in identifying short-term trends, and was made for trading stocks and commodities. When it is green, it indicates an uptrend, and red indicates a downtrend. The transparency of the columns illustrates the strength of the trend, with transparent columns indicating weakness, while solid columns indicate strength. Basic Explanation of...