What distinguishes this indicator? A Compound Ratio Weighted Moving Average ("CoRA") is a Moving Average that, regardless of its length, has very little lag and that can be relied on to accurately track price movements and fluctuations - compared to other types of Moving Averages. By combining multiple Compound Ratio Weighted Moving Averages you can identify...
A NRTH_ Technical Indicator Study Comes included with the Premium Package. Indicator features Automatically plot Supply and Demand Zones Receive alerts for new Supply or Demand levels, and for zone Breakouts Tweak how strict level placement can be Usage Tips Works on all timeframes and markets. Designed for use in other study strategies. Set...
Hello Traders, I would like to introduce you ATR Trailing Stops S/R . The idea is to look for important levels that are identified by trailing stop line, where it usualy spents a lot of time without any move usualy turns out to be good level for bounces. Script for atr trailing line is originaly taken from: script made by @dgmoon It has various...
This, a very different script from most of mine, is my attempt at making a useful, and not messy, support and resistance indicator. If you've never looked into trader xkavalis, and his scripts and discord, I would highly recommend it. He talks about "pay attention candles" a lot. It got me thinking about what those are. Best as I can tell all he means by that...
Auto Price Action - Volume Price and Spread script generates important support and resistance levels basis activity happening in price, volume and candle spread. The basic idea has been taken from concepts of VSA which underlies that weakness appears in uptrend and strength in downtrend. Script will try to find candles which have volume higher then average and...
The script detects and highlights the longest candle (from high to low) in a user specified lookback period. Description The longest candle in a specified range will form very strong predefined support and resistance levels. The concept is based on Aurora Candles. How To Use Use the indicator to find the longest candle in a specified lookback period....
Creates any multitimeframe level and marks opens, highs lows and midpoints Comes with labels (hidable) Works on Bar-by-bar replay Customizable color! The default 3 ranges are weekly, monthly, and quarterly in that order. If you want to change the labels change it in the code... or just hide them. Big thanks to @spacemanbtc @Kriswaters for the code (levels and...
OVERVIEW Easily identify volume spikes. This indicator identifies volume spike bars and highlights them to facilitate studying volume spikes alongside price action. CONCEPTS Bars with abnormally high volume indicate market interest and are worth a closer look. They could indicate market exhaustion or act as future areas of S/R (as shown by the horizontal...
Introduction The indicator attempts to implement a popular price action strategy by Luc Thomas (a.k.a. Quickfingers Luc) typically referred to as a QFL base-breaking strategy specifically for the 3Commas platform. The Input settings have been redesigned to match the same inputs as the 3Commas My Bot Settings page. Only the "Deal Start Condition" section will...
Introduction The indicator attempts to implement a popular price action strategy by Luc Thomas (a.k.a. Quickfingers Luc) typically referred to as a QFL base-breaking strategy. The strategy revolves around price action movements that reveal “bases”, which are price levels of support that have a significant, rapid price surges called “bounces”. Once a base is...
This indicator uses Stochastic RSI+ as a means to determine overbought and oversold conditions which subsequently define recent support and resistance levels.
This indicator designed for 5min time-frame. it detects a candlestick pattern in one hour time-frame and draw a channel based on the detected pattern, where two candles and are covered by the third one , in 5 min time-frame. the bottom, middle and top of the channel are colored by green, gray and red respectively. this channel may help user to use it as a...
Introduction This is a combination of Fibonacci and Gann fan/retracements. The script can automatically draw as many: Fibonacci Retracements Fibonacci Fan Gann Retracements Gann Fan as the user requires on the chart. Each level set or fan consists of 7 lines based on the most important ratios of Fibonacci/Gann. Basics What are Fibonacci...
Hello Traders, I would like to introduce you zigzag support&resistance multi timeframe levels. It is based on the ZigZag semafor script made by DevLucem so shout out to him The Semafor is used to spot future multi-level Supports and Resistance zones. It is also useful to spot HL or LL or HH or LH zones at different Depth settings. I's the same zigzag indicator...
This is a function that you can use in strategies. Not a strategy in and of itself. Example thumbnail is showing the function applied to a strategy. Oftentimes, I am asked a question regarding how to hold a variable at a specific, constant level over a conditional period of time. This question is always asked in a very long convoluted way like "I want the...
Gann's Square's are some of the best known tools created by Gann. His most well known square was his Square of 9. The reason for this was because of the symmetry 9 had with itself. Gann was able to balance both price and time with this symmetry. - 9 is the last single-digit and largest number - You can add anything to 9 and it will give you a natural number ...
MostPower MagicBox - Premium - This indicator is designed to find support and resistance levels in real time. How to use ? Yellow line - This is the main level The red and green lines are the boundaries of the main level. You can enter a deal both from the main level and from its border, which is a safer deal. In the settings, you can select the mode of...
An Order Block is a special type of pivot point that satisfies the following requirement: A Bull/Bear candle followed by X consecutive candles in the opposite direction. Order Blocks are interesting areas that are frequently revisited and can be treated as Support/Resistance levels. Often, you can see explosive price rejection of these areas via long wicks,...