Hello! This script "The Next Pivot" uses various similarity measures to compare historical price sequences to the current price sequence! Features Find the most similar price sequence up to 100 bars from the current bar Forecast price path up to 250 bars Forecast ZigZag up to 250 bars Spearmen Pearson Absolute Difference Cosine Similarity Mean...
This indicator is designed to detect and plot Double Tops and Double Bottoms, by setting the initial high or low using standard pivot points. Double Tops A Double Top is a bearish reversal pattern, typically found when an uptrend returns back to a prior peak. It signifies a potential turning point or resistance level and could potentially reverse in...
Using Auto Fibonacci Levels indicator users can find automatically Fibonacci Extension points where price can go after a period of consolidation (sideways or can find points for support/resistance on retracement levels that can be displayed for any defined range. The script is different from others by letting users to define a consolidation range, user can...
█ OVERVIEW The "Daily Pivots with Fakeout Protection" indicator is a powerful tool designed to help traders identify potential price breakouts and pivot levels on daily charts. This indicator calculates and displays daily pivot points along with breakout lines that are adjusted to provide a certain level of protection against fakeouts, which are false price...
Brief Introduction Hello fellow traders and coders, let me introduce to you the ultimate multi time-frame market structure indicator to cater to all your market structure needs. The script is extremely customizable with a maximum of 3 time-frames since I love top down analysis as I’m sure you do to, so without wasting any more time here are the available...
In the dynamic world of financial markets, traders are always on the lookout for innovative strategies to identify trends and make timely trades. The "Pivot Point SuperTrend strategy +TrendFilter" has emerged as an intriguing approach, combining two popular indicators - Pivot Points and SuperTrend, while introducing an additional trend filter for added precision....
The Dynamic Point of Control (POC) indicator provides traders and analysts with insightful information about price levels, volume distribution, and sentiment within a specified historical range. Instant Updates : POC recalculates with every new bar, keeping you ahead of the game. Market Bias : Assess market sentiment through bullish volume share. Customization...
Just the usual cam pivot points updated to have a few more levels. Added R5/S5 and S5/S6
Intermediate Term Low (ITL): A point on a price chart where the price reaches a relatively lower level compared to the surrounding price points within an intermediate time frame. Intermediate Term High (ITH): A point on a price chart where the price reaches a relatively higher level compared to the surrounding price points within an intermediate time...
This script allows the user to visualize a momentum shifts on the candlestick charts. This is a visual indicator to help the trader quickly recognize if a potential trade exists where the market sentiment might be changing. The MS occurs when the below parameters are followed: Creates red triangle on the chart when: 1) at the close of a green candle that was...
This script allows the user to visualize a momentum shifts on the candlestick charts. This is a visual indicator to help the trader quickly recognize if a potential trade exists where the market sentiment might be changing. The MS occurs when the below parameters are followed: Creates blue triangle on the chart when: 1) at the close of a green candle that was...
This script tracks and draw the High and the Low for Monday session across the whole week period. Many crypto traders use the high and low extremes for Monday session as an confluence on how the price action during the week reacts against it.
Pivotal Moments draws lines for each of up to 500 pivot high and pivot low levels that have never been revisited at the present moment in time. After the Pivotal Moments indicator has been loaded onto chart and any of the subsequent realtime bars that are formed touch or cross a pivot level it is deleted. The duration for how long any touched or crossed pivot...
RSI Heatmap right on your chart. Cold and Hot areas means oversold and overbought cycles respectly.
The Extreme Reversal Signal is designed to signal potential pivot points when the price of an asset becomes extremely overbought or oversold. Extreme conditions typically signal a brief or extensive price reversal, offering valuable entry or exit points. It's important to note that this indicator may produce multiple signals, making it essential to corroborate...
This indicator is designed to identify potential breaks and reversals in price movements for a financial instrument. The indicator displays several elements to assist users in spotting specific market conditions: 1. High and Low Pivots : The indicator marks the highest and lowest points on the price chart within a customizable lookback period. These pivots...
The "Gradient Money Flow Divergence Detector" indicator has several use cases for traders. Let's explore the main use cases: 1. Money Flow Analysis : The primary purpose of this indicator is to analyze money flow in a particular asset. The Money Flow Index (MFI) is a momentum indicator that uses price and volume data to assess the buying and selling pressure in...
Trend Strategy #1 Indicators: 1. SMA 2. Pivot high/low functions derived from SMA 3. Step lines to plot support and resistance based on the pivot points 4. If the close is over the resistance line, green arrows plot above, and vice versa for red arrows below support. Strategy: 1. Long Only 2. Mutable 2% TP/1.5% SL 3. 0.01% commission 4. When the close is...