This is a Trend Following strategy based on the Trend Confidence indicator.
The goal of this strategy is to be a simple Trend Following strategy, but also to be as precise as possible when it comes to the question 'how confident are we that a linear trend is ongoing?'. For this we calculate the 'confidence' of a linear trend in the past number of closing prices....
Level 2
Background
A algo for pivot points forecast for each bar of automatic multiple timeframe (MTF) data.
Function
In financial markets, a pivot point is a price level that is used by traders as an indicator of market movement. Pivot points are averaged from important prices (highest, lowest, closing) based on the market performance of the previous time...
Level 2
Background
A algo for pivot points forecast for each bar and its low tf data.
Function
In financial markets, a pivot point is a price level that is used by traders as an indicator of market movement. Pivot points are averaged from important prices (highest, lowest, closing) based on the market performance of the previous time period. There are many...
Investing Zones indicator shows the areas where LONGS or SHORTS can be made, the areas are calculated based on the mathematical averages of the high and low peaks of the price.
-There is an area called "No trading Zone" where the price is too slow, It also has a Alma Trend Ribbon (blue for uptrend, pink for downtrend) that helps to make trading decisions.
-You...
Detects divergence before it has formed a valid divergent pivot, across multiple indicators. After publishing my Strength of Divergence Across Multiple Indicators script, it seemed there were a lot of people who wanted to see the divergence signals before the divergent pivots were actually confirmed. Everyone complains about indicators repainting, yet in the next...
This indicator aggregates the knowledges of the first level of the Trading Chaos approach by Bill Williams. It uses the Market Facilitation Index (MFI) in conjunction with the type of bar(candle) to generate strong long and strong short signals.
General information
Bars numeration
All bars or candles could be numbered with the following algorithm. If we...
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
The Ichimoku...
Made to make it easier to count Elliott waves.
If you renew your new high price, you'll continue your new high price
When the new low is renewed, the new low is continued.
If you are within the range of the previous candle, use the ratio of the difference between the median value of the previous candle and the closing price of the current candle to determine...
This script implements the concept of Open Interest Profile, which can help you analyze the activity of traders and identify the price levels where they are opening/closing their positions. This data can serve as a confluence for finding the areas of support and resistance , targets and placing stop losses. OI profiles can be viewed in the ranges of days, weeks,...
This indicator is designed help you see the potential reversal zones and it helps you accumulate for the long run.
This combines price data on any chart. The chart isolates between 0 and -100. Below -80 is a buy, above -20 is a sell location.
In these locations, try to Slowly Buy and Slowly Sell (accumulate...)
Story Of This Indicator
~I was always obsessed...
Japanese below / 日本語説明は下記
One of the key success factors in trading is to keep consistency.
So, how to become consistent? How to avoid FOMO entry?
One of the ways to remain consistent is to prepare for a checklist and check if all criteria are met before you take trades.
That’s why I made this indicator.
How to use it?
You can set up to 10 criteria.
You can...
This is my own Twist on Larry Connors Simple Tradingideas.
It Combines the RSI, Averaging In and the Lowest Bars in a Single System.
The current Configuration is designed for the Daily Timeframe.
Feel free to play with the Parameters and keep in mind that Larry Intended to buy fear and sell the greed!
The Rules are the following:
---Buy---
Buy, if the lowest...
The original indicator was created by alexgrover .
All credit goes to alexgrover for creating the indicator that this strategy uses.
This strategy was posted because there were multiple requests for it, and no strategy based on this indicator exists yet.
The Recursive Bands Indicator, an indicator specially created to be extremely efficient, I think you...
Divergence finder used to find BUY or SELL Signal based on a divergence between Price and RSI (Price goes UP when RSI goes down / opposite )
You can configure the script with several Options :
Source for Price Buy Div : you can use the close price of the candle (by default) or use the high price of the candle for exemple.
Source for Price Sell Div : you can use...
This script calculates the position size base on the stop loss price, entry price, and the percent of equity willing to risk.
Formula:
(Asset Quantity) = (Amount Risk at Trade) / (Price Difference Between Entry Price and Stop Loss)
or
Position size = (% Equity at Risk) * (Equity) / (Entry...
Similar to my last script, although this one uses the RSI value of
(highest high - price) / (price - lowest low)
to feed into the the logic creating the dynamic length. Choose how the length curve works by selecting either Incline, Decline, Peak or Trough.
Lastly select the moving average type to filter the result through to smoothen things out a bit
to find...
Over the specified bar range, plots a vertical line from open to close using the specified colors and line width (in pixels).
In effect, these look like thinner/thicker candle bodies.
The default candle bodies are made transparent over this range to make them appear hidden.
The indicator is capable of referencing the bar colors from another plot, using a...
![BTCUSD: [blackcat] L2 Auto MTF Pivot Forecast](https://s3.tradingview.com/r/Rg5QgNQE_mid.png "[blackcat] L2 Auto MTF Pivot Forecast")
![BTCUSD: [blackcat] L2 Low TF Pivot Forecast](https://s3.tradingview.com/j/jt0xXGIU_mid.png "[blackcat] L2 Low TF Pivot Forecast")
![BTCUSDT: Profitunity - Beginner [TC]](https://s3.tradingview.com/c/CMu4dGgs_mid.png "Profitunity - Beginner [TC]")
