This indicator displays FIB levels which price tends to respect and bounce off much of the time. It is not suitable to trade based on this indicator alone. It was originally designed to augment our flagship Pitchfork Intersection tool but is useful with many trading systems. In our trading system we use it to confirm an already established precise entry...
The script combines the three most important indicators on the chart. 1. A set of six moving averages ( EMA and SMA ), which can be turned on and adjusted at your discretion. 2. Indication of support and resistance levels, calculated according to the Bollinger scheme. 3. Pivot Point and the nearest goals using the Floor method with the possibility of selecting a...
Introduction : Compared to the TIS v1.0, this "light" version is simpler to use and to understand, hence it will suits the basic needs of traders and investors looking for a clear and user friendly indicator to assess the current trend situation for continuous markets. The settings allow an adaptation for call markets, but more backtesting needed at your...
This helps to determine bullish or bearish trend of any chart on any time-frame and good to have for Intraday watch. Details - a. Label-Up/Down shows the recent price movement is getting bullish or bearish from zero/neutral base by comparing to previous few candles. b. EMA line helps to know the price movement of candles are above or below the EMA and its...
This is a translation of Welkin's Advanced Volume Study Indicator originally written for ThinkOrSwim. This version is simpler than Welkin's and attempts to streamline that basic functionality for beginners to Volume Spread Analysis. This can be used to replace the built-in volume bar with a more advanced version that is designed to facilitate Volume Spread...
v1.0 In the search for one indicator that accurately finds the top and bottoms of the market, I have come across various indicators that use fractals and or zig-zag (still a form of fractals) to find the peak of each move. Fractal is a fantastic indicator, but the very glaring downside is that fractals are inherently late. This indicator is calculated with a...
This is a PineScript translation of Welkin's Advanced Volume Indicator Overlay, originally written for ThinkOrSwim. This tool is designed to facilitate Volume Spread Analysis (VSA) by highlighting areas of above average volume alongside price movement. This indicator does two things: 1. Plots lines that extend from candles of above average, high, and very high...
Simple & easy auto-fib levels. Took the out-of-the-box version provided by TradingView and added Logarithmic support and a nicer palette, and made the controls a bit nicer to use (in my opinion lol). Enjoy.
Introduction : The TIS takes price action, volume and volatility, to : - provite a clear and easy to interpret global picture on the current trend siuations - give hints for good take profit and exit points (see local consolidation line) - help find support and resistance levels - assess trend strength and momentum Disclaimer : The Trend Insight System...
Backtesting compatible QFL pine script w/alerts This version of QFL was made based on this one: From author: www.tradingview.com I made the following additions according to my requirements: - I need to use pine script 4 - I needed to avoid repainting issues so I'm not calling directly security, I'm using the wrapper function. - There might be still repainting...
This version of QFL is based on a script from ralphhorkup: Author: www.tradingview.com I made a few adjustments: 1) no issues with repainting caused by calling security function. 2) migrated to pine script 4 Everything else is the same. I'll be adding alerts soon.
SL Hunter Tracker coded by Bogdan Vaida SL Hunter Tracker is a meticulous hunter that tracks SL hunters. First it plots the fractals on the chart, then it draws lines from them to the last wick that touched that height. You can add sweep alerts, once per bar close, so that you get notified when a wick was touched. Tested on: EURUSD 30'
I wrote some Support/Resistance scripts before this. In this new script, I implemented the logic of the code from the scratch, so it's very different from my previous S/R indicators and I think it's more advanced, accurate and efficient. As the result it could do the followings for now: - Draw more strong classical resistance/support levels by checking previous...
Technical analysts use support and resistance levels to identify price points on a chart to find probabilities to trade a prevailing trend. This indicator plots dynamic support and resistance based on price range (all time frames). Indicator will plot S1, S2, S3, S4 - P - R1, R2, R3, R4 (S = Support, R = Resistance & P = Pivot ) Support breaks when a...
Hello All, This script finds the Cups and you can use it while analysing the symbols. it creates circle and channel for the potential Cups and checks the number of bars included by the channel, if included bars is equal or greater than the value you set then it shows the cup. The Options: "Number for Bars to search" : Maximum length of a Cup "Channel Width...
Simple scripts show the wide range bars within in the look back period, visualizing the bigger momentum. Added four exponential moving averages which define the trend of the instrument. Wide range candles in the direction of overall trend on higher timeframes; give confluence of higher participation in the same direction. Note : Decent volume above the average...
If you use Ichimoku Cloud strategies, this indicator is very useful for you! This code indicates the candles that break the ichimoku cloud in both directions! conversion line, base line and lagging span are disable by default, you can enable it from settings window. green triangles under the candles with green backgrounds show break out the red clouds. red...
This script marks the session start / end with vertical lines on the candlestick that switches from session to/from after-hours/pre-market. The line widths, line colors, line heights, and line styles are fully customizable.