Making support and resistance lines and indicating buy and sell signals
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to detect three candle formation on the 4h timeframe
█ OVERVIEW The Multi-Time Frame High, Mid, Low Indicator is designed to streamline your trading experience by providing clear visual markers for the high, mid, and low prices of previous candles across multiple time frames. This indicator enhances decision-making by making it easier to spot trends and significant price levels at a glance. Save time and improve...
On a 5-minute chart, an alert is triggered when a candlestick breaks through the -3σ Bollinger band. Breaking through the 3σ Bollinger band is a sign of overbought or oversold. Therefore, using this script will alert you when the price has fallen too far, giving you a chance to rebound. Then, you can scalp at the right time and aim for a profit of a few ticks....
This indicator is based on bar-by-bar analysis. Different colors of different bars provide different information about the market condition. Some bars act as a signal bar in one kind of market conditions while the other works as a signal bar in other kind of conditions. You need to understand the market cycle and be open to every possibility before understanding...
This is a 5-minute chart that can be used to raise an alert if a candlestick has two lower wicks. As you can see from the chart, charts with two lower wicks often rise afterwards, which can lead to significant profits. Please make use of this feature.When a candlestick shows a lower shadow, it means that buying pressure exceeds selling pressure. If this situation...
This indicator uses lower timeframe data to analyze important levels. It has three different methods of deciding if a level is important or not. 1. Volume 2. Difference between high and open 3. Difference between low and open These three draws different colors of lines on chart. First ones are orange, second ones are green and third ones are red. It'll always...
This indicator identifies bull an bear elephant candle at the first candle of the day
= h ? request.security(ticker.heikinashi(syminfo.tickerid), timeframe.period, close, lookahead=barmerge.lookahead_off) : close xATRTrailingStop = 0.0 iff_1 = src > nz(xATRTrailingStop
The Luxmi AI Ultimate 1 Min Option Scalper is a specialized trading indicator designed for use in options trading. This tool is particularly focused on providing actionable signals to option buyers within a one-minute timeframe, making it highly suitable for scalping—a trading strategy aimed at profiting from small price changes. Below is an elaboration on how...
The Engulfing Candlesticks indicator is a powerful tool for traders and investors to identify potential reversal patterns in financial markets. This indicator is based on the popular candlestick pattern recognition technique, which has been used for centuries to predict market trends and identify trading opportunities. The Engulfing Candlesticks indicator...
Introduction In the native VP (Volume Profile), the commonly referenced parameters are POC (Point of Control), VAH (Value Area High), and VAL (Value Area Low). However, since VAH and VAL are calculated by extending outward from the POC, their values heavily depend on the shape of the VP and the parameter settings of the value area ratio. This means their...
In the absence of TradingView's open-source Volume Profile (hereinafter referred to as VP) indicator code, I have replicated it. However, because this code is classified as an "indicator" rather than a "tool," it cannot allow users to define the range according to their preferences. In the code, I have set different periods, and users can input 0, 1, or 2 to let...
Description: Detailed Clarity Signal is a sophisticated TradingView indicator designed to provide traders with enhanced trading signals based on Bollinger Bands and the consistency of price actions. This script is particularly useful for identifying high-probability entry points in volatile markets. It combines the power of Bollinger Bands with a unique scoring...
Introducing Our Advanced SMC Indicator: Elevate Your Smart Money Concept Trading We are excited to present our innovative indicator designed specifically for the Smart Money Concept (SMC) strategy. Our approach goes beyond the traditional SMC strategy, bringing significant enhancements to help you achieve better trading results. We employ a more sophisticated...