Hello Traders! The TRN SMT/Divergence Suite detects divergences for any given indicator, even custom ones and divergences any two given instruments (SMT – smart money technique/tool). The indicator finds with unrivaled precision bullish and bearish as well as regular and hidden divergences. The main difference compared to other SMT/divergences indicators is...
Hello Traders! The TRN Trend and Reversal Scanner highlights in a user-friendly and easy to read table trend and reversal signals from up to 20 assets of your choosing. With it, you can efficiently monitor your preferred instruments simultaneously without jumping from one chart to the next. You will never miss a signal again. The indicator automatically finds...
Hello Traders! TRN Swing Suite (SMT/Divergences + Gann Swings) is an indicator which identifies, and highlights pivot points (swings) and prints a lot of information about the swings in the chart (e.g. length, duration, cumulative Delta, ...). Furthermore, it detects divergences in connection with any given indicator, even custom ones. In addition to this, you...
Support/Resistance Script: A Comprehensive Overview Thanks to Pmgjiv for providing the foundation to this improved Version. In the world of trading, having a robust support and resistance analysis tool can make a significant difference in decision-making and overall strategy. Let's delve into the enhancements made to the support/resistance script and how each...
Smart Money Tool / Smart Money Technique is a concept taught by ICT (The InnerCircleTrader). It compares correlated assets and if the correlation gets disrupted, we call it a smt divergence. Correlated assets are for example the nasdaq, the sp500 and the dow. A bullish scenario would be if one of those three makes a lower low and the other two make a higher low....
The Algo Targets indicator includes a suite of tools that attempt to identify market maker liquidity targets in advance. These levels can be used by traders to determine: 1. future support/resistance 2. entries/exits 3. directional bias 4. potential reversal levels 5. pullback targets The script uses a proprietary prediction model based on specific candle...
✦ INTRODUCTION The core goal in the Excalibur Trading System is attaining an optimal entry - fading the masses, selling others' buys, buying others' sells, and trading along true tops and bottoms where price manipulation commonly occurs. Executions are most successful intraday and when aligned with HTF price action while still maintaining a systematic approach...
An indicator with which you can easily compare any ticker with the ones offered. You can choose any of the tags that are offered in the options You can also create your own ticker if you select the Custom in Mode option. If the comparison mode is enabled, the current ticker you are viewing is divided by the ticker selected in the indicator. For example, if you...
This indicator allows you to easily compare any ticker you're looking at with the ones I've found to work best over many years of studying the crypto market. For these reasons, the code of the script is hidden because that is exactly what makes it unique. You can choose any cryptocurrency, but I recommend using only perpetuals on 'BINANCE' exchange. If the...
The SMT Divergences indicator highlights SMT divergences between the chart symbol and two user-selected tickers (ES and YM by default). A dashboard returning the SMT divergences statistics is also provided within the settings. 🔶 SETTINGS Swing Lookback: Calculation window used to detect swing points. Comparison Ticker: If enabled, will detect SMT...
example: if you want to find the stronger/weaker pair between eurusd and gbpusd, what you can do is check the eurgbp charts. if eurgbp is bullish, that means, that longs longs on eurusd are better than on gbpusd. Unfortunately, there is no such thing to compare for example usoil with ukoil, or us100 with us500. That's where this indicator comes in handy. You can...
Smart Money Technique ( SMT ) Divergence is meant to annotate divergences between closely correlated assets. This indicator works by finding local lows and highs for both the current chart symbol and the symbol defined in the settings. It compares both symbols' pivots and evaluates whether they indicate a valid divergence (based on where they're located, whether...
Supplementing my “Smart Money Essentials ” indicator, these add-ons provide some more commonly used “Smart Money Concepts,” including SMT Divergence, and HTF POI, and open price lines for added confluence. Smart Money Technique (SMT) Divergence is meant to annotate divergence between closely correlated assets. Take $ES_F and $NQ_F for example (S&P 500 and Nasdaq...
Overlay a small plot of a correlated asset of your choosing. Shrink/expand, Set vertical and horizontal position, plot multiple mini-plots via duplicate indicators with varied settings. Plots the last X bars of any asset; including the live candle currently painting Useful for low time frame trading when you want to see correlated asset price movement right...
Calculates Fair Value Gap (FVG) as a counter and plots it below price. FVG Counter value resets to +ve or -ve once the FVG counter reverses direction. Use this script to find a bias to trade with. Best used on HTF (like 1W, 1D), so the bias can be transferred to LTF (like 4H, 1H). If you end up using this script, please leave a comment below on how you used it. I...
This indicator consists of 3 features: 1. Plots label to the right for current market structure 2. Plots dashed line to show where the next market structure would be 3. Draws arrows above/below historical market structure breaks This might get a little to noisy in ranging markets or lower timeframes but it does the job. Credits to @SimpleCryptoLife for the...
(Top Chart Version) Similar to the first version, this one plots divergence lines on the main chart instead of a separate panel. Plots divergence between correlated pairs. Ie. EURUSD - XAUUSD - DXY NJDJPY - AUDJPY - NZD Index XAU - XAG USOIL - UKOIL BTCUSD - ALTPERP
(Bottom Version) Plots divergence between correlated pairs. Ie. EURUSD - XAUUSD - DXY NJDJPY - AUDJPY - NZD Index XAU - XAG USOIL - UKOIL BTCUSD - ALTPERP