- Overview Consecutive counting is a simple method to mechanically define trending states to the upside and downside. Consecutive counts are calculated by taking reference price level (e.g. close 4 candles ago) and count closes above/below it up to a maximum count that resets the consecutive count back to 1. This tool provides the means to backtest each count by...
OVERVIEW The "Threshold Counter" is a tool for quantifying occurrences of closing prices of an asset that align with specified criteria and is a flexible and visual approach to studying price action. A user-definable target threshold can be set and a comparator (<, =, >, and so on) can be selected. The indicator counts values on the main chart meeting these...
This is a very simple utility indicator. Shockingly nothing similar was available and I really needed something to quickly count period lengths by candles (to make adjustments to indicators based on a desired lookback timeframe), so I created this. I thought I would share it because chances are if I needed something like this, other people may need it, too....
This is a simple tool designed to help you visualize your stop loss and take profit levels before entering a trade. The tool plots two lines on the chart - a green dotted line for take profit and a red dotted line for stop loss (similar to the price line) - with a simulated default spread of one pip factored in. The indicator has the option to toggle between long...
This script will count the bars back since the last time the current bar indicator value was either this low or this high. It will provide the time in either, seconds, minutes, hours, days, weeks, months, or years. please note: There are currently no alerts setup for this script. the length options only apply to the sources that have the "(MA)" in their...
Timeleft counter for candle in minutes. It will countdown the time left for a candle to close and display near the running candle.
This single oscillator, the cyclic RSI, is being measured for weakness in the underlying trend over a period of time and will identify divergences in price and the oscillator. Two lines are drawn on the oscillator when a potential correction is detected. Crossing the red line signifies invalidation of the potential correction and trend continuation. Crossing the...
An interesting experiment to make an indicator act as a counter. I call it CCH - Close Counter Histogram. It adds 1 when current close is higher than previous close and reduces -1 when current close is lower than previous close. In the CCH settings you set how many bars to look back and use EMA to smooth the results or disable EMA smoothing. Disable the EMA...
Yet another Array indicator, simple, but efficient which i call ADO. The indicator acts as a COUNTER of when CLOSE closes above OPEN and vice versa based on specified look back period in settings. If we have more Closes above Opens, obviously the indicator will be above ZERO and GREEN, otherwise RED. Optional to smooth it by EMA (true by default). Like if you...
I've created a simple red/green candle counting script with a custom number of candles to look back on. Let me know if any bugs, issues, or suggestions.
Example how to limit the number of round trips per day. If entry condition is never met logic will force a round trip at end of day. Set chart to a timeframe that is lower than 1 Day period. NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and...
Katana Gaps Bounty Hunter (KGB_Hunter) by RagingRocketBull 2018 Version 1.0 This indicator shows/counts/filters gaps on a chart There are several versions: Simple, Pro and Zones. This is the Simple version. The Differences are listed below. - Simple: shows/counts gaps, changes color based on gap dir (2 colors), filters out price gaps within session, large gaps,...
Mark the limits that should be used to star a Impulse Reverse trade. A Impulse Reverse trade is a counter-trend type of trading that uses the rubber-band concept. A rubber-band trade is a type of trade that looks for strong directional price movement. Every stock has its unique combination of parameters that best fit a rubber-band trade, the default parameters...
Counter trend script to be used across all market instruments and timeframes. It will be available for testing and subscription soon.
//FriendlyTrend Signal// Our Tradingview representation of our strategy. Trend-Following techniques combining analysis of buying and selling on fractals, entering low-risk positions at counter-trend points, and trailing-stop orders along moving averages. //Strategy// Red/Green circles indicate counter-trend entry positions. These are not lagging and form on the...
EXPERIMENTAL: wave counting using swing charts, use at your own discretion.
Reversal candles are a very easy way to identify a turn in trend, this indicator has some specific additional conditions for the reversal candle. BUY Signal reversal candle Low of current candle exceeds low of previous candle Low of current candle is lowest for last 7 candles High of current candle exceeds high of previous candle Close of current candle is...
Simple green/red sequence counter, also gives current highest achieved sequence(black lines).