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...
This is good real-time / scalp indicator for those scalping Bitcoin. It is based solely on Binance's BTCUSDT Perpetuals, but can be used on any BTCUSD pair as I am requesting info directly from Binance's chart. IDEA I have spotted that many times, round nrs (most likely caused by algo-trading) mark a top / bottom on a trend. Many times have catched extremes...
Trend Slope Meter This indicator measures the slope of the trend defined by a moving average or an external source. The slope is calculated by the change of price in ticks for a defined number of bars divided by the number of bars. Settings Source - Default: close price. Used to calculate the moving average as basis for slope measurement. Can be an...
Hammer and Shooting Star This indicator identifies Hammer and Shooting Star candles and marks them with a respective label. It uses a set of predefined fibonacci levels to measure the size of the body in comparison to the overall size of the candle. You can change the fibonacci level according to your preferences. You can enable a confirmation of the Hammer or...
There are a million oscillators out there based on volume. My biggest problem with them is that they simply tell you whether you have volume to the upside or volume to the down side. it's kind of tricks you with the lack of information into thinking you have a change in your trend or that you're going to be able to break out of a range across a moving average or...
OMAR marks the High and Low range of the opening candle (1min is recommended default for trading this) based on the current time frame in current session. Additionally it marks recommended 1x and 2x extensions of the ranges for taking profit that may also be adjusted as needed.
A simple indicator to show you the opening hours of the main markets in London, New York, Tokio and Sydney. It is not shown in your main chart window and as such does not make the chart more difficult to read. You can turn each market on and off individually and also change the start and end time, if you wish so. All based on GMT timezone, but will be translated...
A simple indicator showing the relation of volume to highest volume for a define number of bars. Helps to differentiate periods of low and high volume. Define the number of bars to find the highest volume used as a basis. Apply a simple moving average to smoothen the volume. Set it to 1 to disable smoothing. Define a threshold differentiating low and high volume.
OANDA:EURUSD Hello! I created an indicator called ADRL (Average Daily Range Lines). This is my first original work, and I hope it's helpful to you guys. 1. Let me explain a bit of how it works... So first of I need the ADR value, as by default length I use 19 for it. I want this indicator to calculate every start of the new day and break if another new day...
This indicator visualizes in a straight forward way the distance price is away from the mean in absolute standard deviations (Z-score) over a certain lookback period (can be configured). Additionally I've included a moving average of the distance, the MA type can be configured in the settings. Personally using this indicator for some of my algo mean reversion...
Hello everyone, This indicator uses MACD and RSI, to show buy and sell signals. Signal Features: Buy Signal: Chart gives a buy signal when the MACD crosses above. Sell Signal: Chart gives a sell signal when the MACD crosses down. Strong Buy Signal: Chart gives a strong buy signal when the MACD and RSI cross above. Storng Sell Signal: Chart gives a...
A simple Buy/Sell signal algo designed for a trading bot. Uses ATR and EMA cross to get signals.
This is a script based on the original TMA- RSI Divergence indicator by PhoenixBinary. The Phoenix Binary community and the TMA community built this version to be public code for the community for further use and revision after the reported passing of Phoenix Binary (The community extends our condolences to Phoenix's family. The intended uses are the same as the...
hi to all lovable traders, hereby i want to share a combination of trade ideas for scalping i've chosen hourly timeframe indicators used: moving averages and rsi moving averages: ema 3, ema 5, ema 7 sma 3, sma 5, sma 7 daily_ema_3, daily_ema_5 daily_ema_5, daily_sma_5 rsi: rsi 7, rsi 14, rsi 26 daily_rsi_7, daily_rsi_14, daily_rsi_26 as per the analysis over...
Built with love "Double EMA With Pullback Buy Sell Signal " This indiator will help you to find a Double EMA Pullback Signal You can combine with your own strategy, or use this purely DISCLAIMER : Measure the risk first before use it in real market Backtest The Strategy was very important, so you know the probability Fundamentally Logical : Pullback (Some...
This indicator can be used as an alternative to the built in Strategy Tester for those who want to (back) test a strategy on multiple tickers simultaneously and see it's performance. Just change the buy and sell conditions in the code to fit your needs. The strategy I've used here is scaling into up to 10 tickers a maximum of 5 times per ticker every time they...
MACDI is the macd of macd indicators and macd of macd indicators of macd indicatrs and so on...!! I used macd algo to find slopes of macd of price and it can helpfull when we want to find best signalls it can make amazing shapes that can be usable to everyone! author: Masoud Azizi github: mablue
█ OVERVIEW This is a Moving Average Script that contains both a cloud and a ribbon that has independent MA-type selection. ⬆ green arrow up = up trend flip ⬇ red arrow down = down trend flip 🟢 Green Dot = Potential Long 🔴 Red Dot = Potential Short █ CONCEPTS 1 — Cloud, like most trading algo, the cloud is made of 8 short term MA , with MA...