(Google translation from Russian.) This indicator is based on the efficiency of bulls and bears for VSA and has the same parameters. Its only difference is that all the values of the efficiency of bulls and bears for VSA indicator are sequentially added here. I want to note that the Period spread - Bars from close to close argument was made for experimental...
<<< English Description >>> Hello Traders This script displays the classic pivot levels (also called floor pivots) as continuous lines on the chart. One special feature is that only the current pivots and SR values are displayed. Another special feature of this script is, it allows you to set alarms on any pivot and S/R level. With the setting explained below...
Level: 2 Background John F. Ehlers introuced Early Onset Trend Indicator in Aug, 2014. Function In “The Quotient Transform” in Aug, 2014, John Ehlers described an early trend detection method, the idea of the quotient transform, that was designed to reduce the lag often found in other trend indicators. I provided a script with pine v4 code here for the...
What if we took the best elements from the Donchian Channel and the Ichimoku cloud and combined them into a complete system? Strengths of the Donchian Channel: -Dynamic support and resistance -Measures volatility Strengths of the Ichimoku Cloud: -Can detect when price is trending vs ranging -Retracement zones -Trend identification === HOW TO USE THE INDICATOR...
Today I propose a novel idea of plotting pivots, this can be also considered as Value areas/Noise areas. *What is it? Its a simple concept of gauging price action with respect to its most time spent in a particular range, this is usually denoted as Value area in the Market profile concept, where that "most" word is represented by 70% of the price action. ...
Today I bring an indicator specialized in crypto markets. Its made of multiples EMA : very fast, fast, normal, slow, very slow The logic behind its simple : For long : we check that the EMA are in ascending order like EMA 5 > EMA 10 > EMA 20 .... and at the same time that last close of candle is above all of them. For short : we check that the EMA are in...
This indicator is made to show you some key levels on the chart on the different timeframes. You can hide them or show them in the settings. The levels are the Monthly Weekly and Daily opens, current monthly, weekly and daily high / low, last weeks high / low & last daily high / low as well as Monday high and low. These levels can be used as key pivots or key...
✅ ssabu "New T - ZONE" Lecture Indicator It is a secondary indicator that filters the buy interval for a position. It also aims to capture the highs and lows of the trend. However, the highs and lows of the trend are not for buying, but for selling. There is no repainting on the indicator, and the steep line, the steep line, the sell line + the long short...
The script highlighted in this chart is what I call the slope changes of the CSM trigger lines,. The trigger lines refer to a special non-lagging moving average derived off currency indices that will act as the potential signal to enter into positions if the rest of conditions as part of the CSM strategy agree. The script acts as an inflection point when an...
Major discretion to identify quality setups apply: The TT setup essentially looks to exploit a concept in trading that we can refer to as meta games, which is defined as the approach to a game, in this case trading the markets, that transcends or operates outside of the prescribed rules of the game, using external factors (psychology) to affect the game. This...
As promised i present you Version 2 of the Dynamic Zones. PP Dynamic Zone with Additional features included as follows. 1. CPR 2. Camarilla Pivot and Level 12 3. On/off switch enabled for Camarilla L3,4 and L5,6 which can be exclusively used for L4 breakouts sessions. 4. 3 EMA configured with 20,50,200 Exponential moving Average. 5. Exclusive Moving average can...
Creates candlesticks of a cross pair of any symbol you want. Ideally both pairs would be denominated in the same currency. The candlesticks are plotted, a close value is available to use for applying indicators on, and a label shows what is being used. Options to configure are choosing the symbols, displaying the ticker without the exchange name, and removing...
This script shows support-and-resistance levels that span months and weeks. It also shows the levels in the last 100 bars in higher detail. Details detection is only applied to last 100 bars so that your chart is not cluttered with infinite horizontal lines. 100 can be changed in the settings. For example, here, you see the levels in small time frames at a...
The Pivot Reversal Study uses pivot points to create a support and resistance level; based on this levels the script creates virtual stop-market orders to catch the trend if the price is crossing the pivot lines. A "Pyramiding" input allows to configure up to 3 entries; the script enters an additional position if the price falls by a configurable percentage amount...
This allows for adjustments added to the standard deviation, which other scripts similar to this do not.
A simple code to plot Hull MA with colour coding of plot fill and price bars based on strength.
HULLK AUTOBOT • Long entry positions • Profit targets • Stop loss targets Description The Fast Signal Line is an extremely fast and smooth moving average indicator, designed to eliminate the lag typically associated with traditional moving average indicators. When the price is trending upward the Fast Signal Line is colored light grey then turns...
Indicator that displays the market phase for the current ticker based on relative position of price, short moving average and long moving average. Phases: 1: Bull Phase 2: Warning Phase 3: Distribution Phase 4: Bear Phase 5: Recovery Phase 6: Accumulation Phase