This Script plots the ICT Killzones in the Chart using a new Panel. It's based on the Major Forex Sessions and this is usually where Key Swing Points occur. It has a lookback of 20 days for Performance reasons. CUSTOMISATION - Time can be modified - Lines width can be modified - Lines colours can be modified DEFAULT By default the Killzones will be based on NY...
This indicator plots Standard Deviation in Percentage. Standard deviation depicts how far is price from its mean. By default it shows Standard Deviation Percentage for 10 periods. While price will be moving away from mean, it will be printed in green, while price will retrace towards mean, it will be printed in red. Currently, we have indicators available to...
This indicator is the idea of giorno_4_16 . It shows some indicator lines in your main chart as following: SMA300, EMA200 BB 20 1,2,3sigma and middle BB 300 1,2,3sigma and middle You should put CCI (12, 14) into your separated chart to use the idea. It shows arrows for registance trading when: CCI(12) crossovers -200 or corssunders 200 in recent...
Hi there. This indicator is inspired by Heiken Ashi MTF (by @jdmonto0). The problem with that indicator was that it repaints and I tried to solve that. I figured that the reason the other version repaints was because the heiken ashio calculation is based on the close of the candle, and since the higher timeframe candle hasn't closed yet, the value of previous...
The script highlights Frankfurt's opening range up until New York's close. It is described as No Trading Zone in Gabrielle Fabris's The Price in Time book. Projections of the Frankfurt range are potential supports and resistances and they are used in trade management & for taking profits in his system. Full rules are not mine to share. You have to read the book...
Hi fellow traders.. Happy to share a Linear Regression & RSI Multi-Function Custom Screener with Table-Labels... The Screener scans for Linear Regression 2-SD Breakouts and RSI OB/OS levels for the coded tickers and gives Summary alerts Uses Tables (dynamica resizing) for the scanner output instead of standard labels! This Screener cum indicator collection has...
Darvas box by Nicholas Darvas, extended original script by KıvanÇ @fr3762 to use new PineScript v4 function box.new() You can create alerts with this script when price break to the upside or downside from Darvas box
Back to my favourite supertrend. But, this time on the basis of zigzag pivots. This is similar to forming supertrend based on pivot high lows - but instead of using pivot poitns, we are using zigzag pivots here. Zigzag is derived using the same method as this script: But, have removed labels and display options of zigzag. Older lines are also immediately...
SD - Average True Range - Daily Weekly Monthly Yearly v5 It gives ATR intervals as 4 hours, daily, weekly, monthly and yearly. The expectation is to fill the ATR targets within the specified ranges. It can be used to determine target points on charts with a clear direction on the train. Unlike the previous version, it is provided to use 2 different periods in...
Here's another trading strategy for you. This one is based on the standard Donchian Channels. This one will - by default - wait for 2 consecutive higher highs (or lower lows) before taking a position. This can be disabled so the script will take a new trade without waiting for the 2nd high or low. This is useful to avoid getting into a trade when market makers...
RedK Volume-Weighted Directional Efficiency Index (DXF) is a momentum indicator - that builds on Kaufman's Efficiency Ratio (ER) concept. DXF utilizes a restricted +100/-100 oscillator to represent the "quality" of a trend, and does a good job in detecting the possibility of an upcoming trend change (in both direction and quality), improving our ability to make...
This is recreation of Donchian Channel - Pivot High Low indicator present here: But, instead of traditional pivot high lows, this is based on pivots created from zigzag indicator. This indicator is created on top of existing Zigzag indicator using lines array: Parameter HighLowLength refers to number of zigzag lines back which can be used to calculate top...
Hi Friends & TradingView community. Greetings to you. Many traders use ATR to set Stop loss. The built in ATR indicator plots the ATR values as a line. However, many traders do not want the ATR to be plotted on their charts, but are only interested in the ATR value as such. This script does that - it just prints the latest ATR with your set Multiplier value...
This is an example of how we can use compounding to control our position size. This example shows how we can automatically add and reduce position size based on account equity. The "initial capital" in properties is the starting account equity. At default its set to 100,000. If our max position size is set to 25 then the very first position that's taken has a...
MFI/STOCH Hidden Divergence/Trend Beater General Idea: My premise around this strategy was to make a general strategy for crypto that would help out with finding entry positions for when you’re bullish on a crypto and want to hold on for a while, and at the same time avoiding massive drops. Essentially a way to mix long term/ swing trading; I somewhat achieved...
SCALPING SCREENER - 15 mins (Indicator Tool) TIME FRAME to use - 15 mins DURATION OF TRADE - Using this indicator, Trade must be taken only during market hours and must be closed before market close (must not be carried forrward for next day). SCALPING - This is a scalping strategy that is intended to make small profits in intraday trading ENTRY CONCEPT - -...
Probability Distribution Histogram During data exploration it is often useful to plot the distribution of the data one is exploring. This indicator plots the distribution of data between different bins. Essentially, what we do is we look at the min and max of the entire data set to determine its range. When we have the range of the data, we decide how many...
This indicator is a two length Bollinger Band implementation. It uses the Simple Moving Average, and adjusts to the period you are looking at: e.g. if you are looking at the day chart, periods are in days. If you are looking at the 5 minute chart, periods are within 5 minute increments. The foregrounded set of bands is based on the 20 length SMA. So, in the case...