This is based on chart pattern and varified for more than 5 years backtested
Hi all! I've made this script to help with my laziness (and to help me (and now you) with efficiency). It's purpose is to, without having to change the chart timeframe, being able to view the lower timeframe bars (and trend) within the last chart bar. The defaults are just my settings (It's based on daily bars), so feel free to change them and maybe share yours!...
The Fair Value Gap chart is a new charting method that displays fair value gap imbalances as Japanese candlesticks, allowing traders to quickly see the evolution of historical market imbalances. The script is additionally able to compute an exponential moving average using the imbalances as input. 🔶 USAGE The Fair Value Gap chart allows us to quickly...
The Open Interest Chart displays Commitments of Traders %change of futures open interest , with a unique circular plotting technique, inspired from this publication Periodic Ellipses . 🔶 USAGE Open interest represents the total number of contracts that have been entered by market participants but have not yet been offset or delivered. This can be a...
EquiVolume is a charting method that aims to incorporate volume information to a candlestick chart. Volume is highlighted through the candle body width, with wider candles suggesting more significant volume. Our script shows an EquiVolume chart for the visible chart range. Additionally regular volume can be plotted as a column plot with the column's width...
It is easy to loose track of time and price volatility when the chart automatically scales to the bars on the chart. This helps you keep track. This is a very simple indicator that is designed to ensure that you're looking at a segment of the chart that is relevant to the trade you're considering in both price distance and time. The Problem: When looking at...
Version 1.0 - 2nd January 2023 Hi All, This is my first published indicator, although I have written several hundreds for private use. Description Tick based chart I got intrigued while reading about tick based charts on this page (please note this link/website owner is not affiliated with me) , so I decided to see if it would be possible to recreate...
Features: If you are looking for a chart that can project your portfolio value as a whole over time instead of individual stocks, this can be it. This is an indicator overlaid on the main chart of your index/stock selection allowing you to compare your portfolio performance against the main index/stock visually in chart form. UI: The settings has UI to input...
Volume data can be interpreted in many different ways. This is a very basic script and novel idea to display volume as a chart. The purpose of this script is to visually help identify volume breakouts and other common chart patterns. While this indicator could be useful for finding big moves and early reversals it not reliable for determining the direction of the...
ENGLISH VERSION The command shows the opening-high-low-closing-change values of that day based on the previous value in each period. You can set the clock in any time zone you want. You can use the indicator by adapting it wherever you want on your screen. You can adjust its position. Top-Left-Middle Left- Bottom Left/ Top Right-Middle Right- Bottom...
(My goal creating this indicator) : Provide a way to enter the market systematically, automatically create Stop Loss Levels and Take Profit Levels, and provide the position size of each entry based on a fix Percentage of the traders account. The Underlying Concept : What is Momentum? The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When...
Line Chart with circles as a subchart. The circle will appear only after the candle has been confirmed. Things you can change: - Source: open, high, low, close, hl2, hlc3, ohlc4, hlcc4 - Color: change the color of the line and the circles have fun with it!
Briefly flashes chart background colors as a visual alert whenever a condition occurs, from the insatiable mind of @scarf . Special thanks to @LucF for his advice on improving efficiency when working with dynamic tables.
OVERVIEW This indicator shows whether Heikin Ashi is up or down, represented by a bar. This indicator is compatible with MTF. CONCEPTS What do you want to know about market analysis? Do you want a hard analysis? You can look for it. All I want to know is whether the commonly known technical analysis is 'UP' or 'DOWN'. All I want to know is whether the current...
Heikin ashi chart so powerful that you can understand trend direction easily. But sometimes, this type of chart doesn't update properly and make no sense on real time. So I made this script. You can now change candle stick style default to heikin ashi (default / modified version) on the real time default chart without switching heikin ashi chart. Enjoy traders!!!...
We script this one for combining VWAP , EMA50 and EMA200. The tool is fantastic if traders know how VWAP , EMA work? Just adding this script in your favorite and work like charm: VWAP: How to trade with that - One of the simplest uses of the VWAP is gauging support and/or resistance. - A trader who is long a stock can use the VWAP as a target exit if its trading...
Trend Identifier for 1D BTC.USD It smoothens a closely following moving average into a polynomial like plot. And assumes 4 stage cycles based on the first and second derivatives. Green: Bull / Exponential Rise Yellow: Distribution Red: Bear / Exponential Drop Blue: Accumulation Red --> Blue --> Green: indicates the start of a bull market Green --> Yellow -->...