this andicator is build in base of ichimoku cloud. Select the interval at which the kumo clouds change phase and depending on what time frame we are in, we give the time inputs to the indicator. then, the indicator calculates the area of the cloud and set the ascending and descending targets when price break the highest or lowest candle in that time range. So...
Simple indicator that plots a dot in the chart when a candle breaks the high of the past X candles. This is useful to easily visualize when the market is coming out of a range and making fresh highs or lows relative to the past X candles. It can be used in trend following systems as an additional filter for validation.
This indicator is a comprehensive trend indicator designed to help traders filter market conditions for their trading. The indicator has the option to use a classic Simple Moving Average as a trend filer or a more advanced Simple Moving Average Slope. The indicator can also use the Aroon indicator as the trend filter and both the SMA and Aroon can be used...
A very simple indicator, which basically looks back on the past 12 weeks at 8PM EST and finds the highs and the lows. Once it finds those levels, it draws them as horizontal rays on the chart. The lows are drawn in green (to indicate previous buy zones) and the highs in red (to indicate previous sell zones). No user inputs are required Nothing fancy, just weekly...
Greetings! Here I show you the Tripple Super Trend Strategy. I discovered the strategy on a YouTube channel and tried to transfer it as a strategy into a script. Tested with the currency pair EUR/USD in the one hour chart. Period: beginning of 2020 until today. The strategy should also work with cryptocurrencies. But then the settings have to be...
This ORB with TSL Indicator Session Time is Indian NSE and BSE Equity Market This indicator Provide you 2 type Setup Opening Range Plot Only for Observation 1st Range Breakout = Long 2nd Range Breakout = Short How to work This Indicator? When Market is Open This Indicator automatically Plot Opening Range High and Low, if Market bullish & Candle Close above...
▪ How to use ? The Screener has 40 stocks which are selected from NSE Nifty50 (list is given below) (cannot be editable) and after 9:15 am IST, it will scan most probable Bullish and Bearish stocks, both stocks will be labelled separately. ▪ Entry may be made at specified near the Stock name and target and SL is also mentioned nearby. Priority to be given...
TradiKator 09 HH HL LH LL & Linear Regression indicates whether current price movement exceed the trend or not. Here, we use Higher High,Higher low, Lower High, Lower Low to identify a possible change of trend. Also we use 2 Linear Regression Channels (short term & long term) to identify a price trend. I hope this indicator can help traders to estimate...
This is indicator is all about opening range breakout on 45 mins charts. | | | | | which can be useful to day trader as a breakout strategy following the trend. Useful in 45 mins charts. Also, you may change the time frame from settings according to your likes. Give thumbs up if you like it.
Similar to the MicroStrategy Premium script. This indicator derives MSTR's core software business value by calculating its Bitcoin holdings as a percentage of market cap. Thus you can do, (1 - Bitcoin holdings as a % of market cap) * current share price = Core business share price
This indicator counts number of higher highs/lows and number of lower highs/lows and calculates trend based on that. Indicator line shows (sum of higher highs/lows - sum of lower highs/lows) derived from last loopback periods. Indicator is green if last two consecutive highs/lows formed are on higher side. Red if on lower side. (Consecutive numbers can be...
The following indicator shows the percentage drop from ATH
This is just a script to exercise the use of arrays on pine script. I think we could say that every for loop we had in pine script before the arrays, is eligible to become an array. Our script will get more efficient and more reliable. As every "if" case is elegible to became a function I confess I was addicted to use if, else if, else in my codes, but recently...
This script calculates the ATH of whichever chart you use and plots it in blue There is also an option to display the following ATH percentages: 90, 80, 70, 60, 50, 40 and 30 in white
Daily Range : 1st Hour High and Low From Market Start Time ISR = Initial Support Resistance
Study plotting sDEFI per sips.synthetix.io Scale on the axis is not correct, it will always show whatever the base asset you open and hide. Use this study only for visual charting.
Combining Pivot High Low and Donchian Channel - both of which are useful indicators for trend following. Donchian Channel shows highest and lowest prices for X number of bars. Pivot High-Low identifies when price made new Highs and Lows Applying Donchian Channel on Pivot High-Low channel, we are plotting highest and lowest pivots formed in X bars. In this...
Trend filter based on higher timeframe candles. Can be used as entry filters. Checks if last 3 higher timeframe candles are in fully ascending order or fully descending order. Additionally you can also check if close price is above min of last two highs or below max of last two lows. Lime and Orange candles imply partial trend in higher timeframe. (only last 3...