The LVDI is a Mean-Reversion Indicator. it doesn't detect trends and does not give a signal per se. What it does is tell you if we have a flashcrash based on the price action and volume that is available. It is not always easy to see with the naked eye, so this indicator can help you DCA into an asset in a smarter way, if you couple it with other trend...
**1. Zone Plotting:** - Supply and demand zones are plotted only after the close of the candle. - To prevent chart overcrowding, a limit of 10 is set on the number of zones displayed. **2. Dynamic Removal of Zones:** - After price enters a zone, the script calculates if it has passed over 30% of the zone. - Zones crossed over 30% are automatically...
Shows relevant metrics for symbol like market cap, float, volume buzz, how much it's up and how much it's upp from LOD, plus more.
This indicator takes input data and calculates the lowest value for a given number of previous trading days. The default source is the close and the default length is 14. This is part of the available resources for the Signals & Setups Apprenticeship from TradeSmart University
This indicator takes input data and calculates the highest value for a given number of previous trading days. The default source is the close and the default length is 14. This is part of the available resources for the Signals & Setups Apprenticeship from TradeSmart University
Credits: This indicator utilizes Longs and Shorts data from Bitfinex. Calculation: Using the data, compute the RSI, then get the difference. Compute the EMA(6) of the difference to smoothen the curves, then plot. How to use: This indicator is better used in tandem with Open Interest data and Market Sentiment (Fear and Greed). When the Open Interest (OI) is...
Dashed Rectangle - Range Breakout Detection (Pine Script) Overview The "Dashed Rectangle" Pine Script is a sophisticated tool designed for traders who focus on identifying range breakouts. This script utilizes advanced calculations to detect potential breakout points in market trends, based on specified candle periods. It's particularly useful for traders who...
Simple EMA indicator that allows you three indicators instead of having to add three separate indicators. I add 13, 50, and 200, which gives me the trend, and I use 13 ema as my entry and exit point.
The "𝙏𝙍𝙀𝙉𝘿 𝙁𝙄𝙉𝘿𝙀𝙍" indicator is a powerful tool designed to detect trends and identify potential reversal points in asset prices. It operates as both a trend-following and mean reversion indicator, offering insights into market movements. Trend Identification: Trend Detection: This indicator primarily identifies trends in asset prices. When the "𝙏𝙍𝙀𝙉𝘿...
Overview of Features This indicator was inspired by the work of "LonesomeTheBlue" in the script called "Volume Multi Time Frame" . This script will provide a highly customizable interface to specify the higher timeframe period for the volume with the ability to link to the "HTF Candles by Prosum Solutions" indicator using the "HTF Setting Code" data point,...
█ OVERVIEW This a simplified version of linear regression channel which use length 200 instead of traditional length 100. █ FEATURES Color change depends light / dark mode. █ LIMITATIONS Limited to source of closing price and max bars back is 1500. █ SIMILAR Regression Channel Alternative MTF Regression Channel Alternative MTF V2
The Market Forecast With Signals Indicator is an upgraded version of the popular ThinkorSwim platforms Market Forecast. This upgraded version utilizes stochastic oscillators, moving averages, and momentum calculations to find potential buying and selling opportunities. Stochastic Oscillator The indicator calculates three variations of the Fast Stochastic...
Simple market sessions Is my custom slim version of market session boxes. It visually highlights specific trading sessions on the chart, making it easier to identify and analyze market behavior during these periods. Here's a breakdown of its functionality: Input Parameters: Session Time Modifiers: Users can enable or disable the display of the New York (NY),...
Guided by ICT mentorship and help from TraderTim and its community, I created this versatile indicator to mark a "Premium/Discount" price range. This indicator shows the Premium and Discount Zones in an alternative way, manually setting the start of the band and automatically shows the HTF and LTF FVG present only in the set band, having a cleaning of the graph...
The "Monday Range" Pine Script indicator calculates and displays the lowest and highest prices during a specified trading session, focusing on Mondays. Users can configure the trading session parameters, such as start and end times and time zone. The indicator visually highlights the session range on the chart by plotting the session low and high prices and...
This indicator computes the average percentage change between Simple Moving Averages (SMAs) of high and low prices over a specified lookback length. The 'length' input determines the period for calculating the SMAs. The resulting line, represented by 'AVG', displays the percentage change, indicating potential shifts or trends in price momentum. Traders can use...