This indicator is designed to identify potential market tops and bottoms based on customizable conditions. It employs price action analysis, considering candlestick patterns, body size, and recent price history. Traders can adjust parameters like the threshold multiplier and body size multiplier to fine-tune sensitivity. Features: Identifies potential tops and...
The script plot upside and down side stop loss using pivot point and trure range. The True Range, representing market volatility, is determined by finding the maximum value among the differences between the previous high-low, high-close, and low-close. The Downside Stop Loss is calculated by adding the True Range to the Pivot Point, while the Upside Stop Loss is...
This script offers in-depth Z-Score analytics on price and volume for 200 symbols. Utilizing visualizations such as scatter plots, histograms, and heatmaps, it enables traders to uncover potential trade opportunities, discern market dynamics, pinpoint outliers, delve into the relationship between price and volume, and much more. A Z-Score is a statistical...
This is nothing special, and it is not an indicator for investments. I build this for my programming layout, so I can see all the output of the syminfo command. Simply put... It shows the commands on the left side, and related outputs are on the right side.
Strong Pullback Indicator Description: The Strong Pullback Indicator is designed to identify potential pullbacks or even trend reversals by utilizing a specific candlestick pattern in conjunction with the Relative Strength Index (RSI). It is advised to employ this indicator in chart intervals of 15 minutes or higher, as intervals below 15 minutes may generate...
Hello traders, If you're tired of manual trading and looking for a solid strategy template to pair with your indicators, look no further. This Pine Script v5 strategy template is engineered for maximum customization and risk management. Best part? This Pine Script v5 template facilitates the dynamic construction of TradingView.TO alerts, sparing users the time...
The "Portfolio Heat" indicator offers a visual representation of potential risk exposure for a portfolio across up to eight different symbols. It dynamically calculates three risk metrics based on current price, the number of shares owned, your designated stop loss, and total account size. Open Dollar Risk – the total dollar amount you will lose if your stop...
Pivot Support & Resistance Indicator - DeltaAlgo Concept: The "Pivot Support & Resistance" indicator is designed to help traders identify and visualize key support and resistance levels based on pivot points. It calculates and plots lines representing these levels on a price chart. This indicator's concept is rooted in the idea that pivot points can act as...
Choosing support and resistance can be time consuming and subjective. Personally, I don't want to spend too much time manually marking up charts. Credit to video I saw, forget the producer, that demonstrated how multi-time frame Bollinger Bands can act as support and resistance. I suggest reading up on Bollinger Bands (en.wikipedia.org) and how to trade them. ...
This script in TradingView is designed to identify sequences of bars with increasing volume. It creates two indicators: one for bullish trends (green sequence) and another for bearish trends (red sequence). Green Sequence: The script considers a green sequence when the current closing price is higher than the previous one, and the volume is increasing. When the...
PhantomFlow RangeDetector analyzes the current price action of the market and draws ranges depending on the minimum number of bars in the zone of one candle you specify. Each range is colored depending on the closing direction of the candle outside this range. Accordingly, in trend trading, it is advisable to look for long trades from the green zones, and short...
Description : The Drawdown Dynamics Indicator is a straightforward tool that offers insights into three critical aspects of an asset’s financial performance: Total Max Drawdown, Rolling Period Max Drawdown, and Current Max Drawdown. Inside of the indicator, you can select to view either the rolling period max drawdown or the all-time max drawdown. This is...
Credit: honeybadgermakesfunnymoney for this Open Source Script Published: This is a tool that will allow you to visualize Wick Hunter's calcation of VWAP. Wick Hunter uses this calcuation for its Liqudations Bots. There are four settings that you need to be configured to visualize your VWAP Band: Long VWAP - The distance from current VWAP price, in %, that...
The MTF Moving Averages indicator allows users to plot multiple moving averages on different timeframes within the same chart on TradingView. This indicator supports four different timeframes: daily, weekly, monthly, and intraday. For each timeframe, users can choose up to four moving averages to plot. They can also select the type of moving average (SMA, EMA, or...
The Liquidation Levels indicator aims at detecting and estimating potential price levels where large liquidation events may occur. By analyzing liquidation Levels, traders can identify potential support & resistance levels, identify stop-loss levels, and gauge market sentiment and potential areas of price volatility. 🔶 USAGE Liquidation refers to the...
This script paints a vertical line on the starting bar of a simple moving average to help anticipate directional changes. The line is the same color as the MA.
Introduction Hello fellow traders and coders, I’d like to introduce the multi time-frame supply and demand indicator that you’ve been looking for, its a dynamic script encompassing a lot of features however it is merely a tool to be used in conjunction with your own market analysis. Features A maximum of 2 time-frames that can be customized independently. ...
This indicator provides traders with a clear visualization of the opening price and its potential movement range for a specific timeframe, based on the Exponential Moving Average (EMA) of the Average True Range (ATR). Features: Opening Price Line: A green line representing the opening price for the chosen timeframe. EMA ATR Lines: An upper blue line,...