Horizontal Lines 0.5, BY ROSHAN SINGHThis indicator identify support and resistance to trade in 1min time frame, based of fib 0.5 level, on 15 min time frame find major high and low means major swing, low will be our start level and high will be our end level input in setting, substract high and end level and now divide answer with 2 till the daily volatility of a index or stock, if saying about nifty suppose nifty daily travel minimum for 65 pts then interval will be 65 input in settings, now all horizontals lines means support and level will be plotted on chart, buy on support, sell on resistance
Trader
[AlbaTherium] MTF Internal Ranges Analysis - IRA-Phoenix for SMCIntroduction:
The MTF Internal Ranges Analysis - IRA - Phoenix acts as an extension to the original main SMC Indicator by AlbaTherium . This add-on provides insights into multi-timeframe internal structure points, swing structure points, POIs (Points of Interest), and order blocks (OB). By integrating this enhancement, your multi-timeframe analyses become more streamlined, expediting the process and minimizing chart workload .
This tool represents an advanced smart money technical analysis aimed at enhancing your trading experience. It introduces four pivotal concepts:
Main Features:
Multiple Timeframes and Confluences,
SCOB Internal Order Block.
Demand to Supply (D2S) or Supply to Demand (S2D) across Multiple timeframes
SCOB on LTF and SCM on HTF across same Candle
By combining these concepts all in one, traders can find confluences zones across multiple timeframes and gain a comprehensive understanding of market dynamics, theses confluences zones empower order block skills and potentiality, showcasing them as essential, crucial, powerful, strategic, and pivotal, one of the pillars in smart money concepts trading strategy to make more informed decisions.
Settings Overview:
Select timeframe {Select or current chart}
Inside bar ranges
Internal structure as Internal zigzag {turn on/ off / unconfirmed(live) zigzag}
Single Candle Mitigation Pattern {turn on/ off / confirmed / unconfirmed}
Single Candle Order Block Pattern {turn on/ off / confirmed / unconfirmed}
Demands and Supplies (D&S) {turn on/ off / confirmed / unconfirmed}
OB Mitigation {touch/ extended}
Understanding the Features:
Chapter 1: Multiple Timeframes and Confluences
Our Multi-timeframe analysis approach enables traders to analyze market trends and volatility across different timeframes. Confluences, where signals align across multiple timeframes, provide strong indications for trading opportunities.
Practical Example:
- With MTF IRA - Phoenix , traders can seamlessly transition between different timeframes while maintaining a cohesive analysis. For instance, traders can monitor the M15, H1, or M5 charts while focusing on entry on the M1 timeframe, enabling a holistic view of market trends and opportunities .
Chapter 2: SCOB Internal Order Block across Multiple Timeframe
SCOB Internal Order Block (SCOB IOB) highlights critical zones in price action, showcasing the dominance of aggressive buyers or sellers on orders blocks. As confluences accumulate across multiple timeframes, the strength of the order block intensifies, presenting entry opportunities.
Practical Example:
You have the ability to detect zones where price ranges have formed; these areas are highly sought after for taking buying as well as selling positions, especially when these areas are reflected across 1 or 3 timeframes.
The only practical way to see theses confluences is to use this Indicator, see the example below
Chapter 03: Demand to Supply (D2S) or Supply to Demand (S2D) across Multiple timeframes
The Demand to Supply or Supply to Demand feature within MTF Internal Ranges Analysis - IRA - Phoenix offers a nuanced analysis of price action dynamics across various timeframes. By identifying shifts in supply and demand zones, traders gain valuable insights into market sentiment and potential price reversals.
This feature enables traders to anticipate changes in market direction by recognizing the interplay between demand and supply across different timeframes. By understanding how price reacts at key support and resistance levels, traders can make informed decisions and capitalize on emerging trends.
The Demand to Supply or Supply to Demand feature enhances the indicator's usefulness by providing traders with actionable information to navigate complex market conditions effectively. With this comprehensive analysis, traders can better manage risk and optimize trading strategies across multiple timeframes.
Real-world Example:
Chapter 04: SCOB on LTF and SCM on HTF across same Candle
with MTF Internal Ranges Analysis - IRA - Phoenix , explores the concepts of SCOB (Single Candle Order Block) on Lower Timeframes (LTF) and SCM (Single Candle Mitigation) on Higher Timeframes (HTF).
SCOB on LTF refers to the identification and analysis of single candle order blocks within shorter timeframes. These blocks represent critical price levels where significant buying or selling activity occurred within a single candlestick. By recognizing SCOB patterns, traders can pinpoint key areas of market interest and anticipate potential price movements.
On the other hand, SCM on HTF involves analyzing single candle mitigation entries within longer timeframes. This technique aims to capitalize on price reversals or shifts in market sentiment indicated by single candlestick patterns. By incorporating SCM analysis, traders can gain insights into broader market trends and make strategic trading decisions accordingly.
the intricacies of SCOB on LTF and SCM on HTF, offering traders valuable tools to enhance their analysis and decision-making processes across different timeframes. Through a comprehensive understanding of these concepts, traders can identify high-probability trading opportunities and navigate the markets with confidence.
Real-world Example:
SCOB on M5 and SCM on M15 generate a powerful order block.
Conclusion:
MTF Internal Ranges Analysis - IRA - Phoenix for Smart Money Concepts is a valuable asset for traders seeking to add more insights in today's dynamic markets especially for Intraday Traders. By focusing on concepts like "Multiple timeframes and Confluences, with one single timeframe u can analyze all timeframes", "SCOB Internal Order Block. With its innovative features and user-friendly interface, whether you're a seasoned trader or just starting your journey, MTF IRA - Phoenix can help you navigate through the complexities of price action and make more informed trading choices.
This document provides an extensive overview of MTF Internal Ranges Analysis - IRA - Phoenix, emphasizing its importance in comprehending market dynamics and utilizing essential smart money concepts trading principles.
K's Reversal Indicator IIK’s Reversal Indicator II uses a moving average timing technique to deliver its signals. The method of calculation is as follows:
* Calculate a moving average (by default, a 13-period moving average).
* Calculate the number of times where the market is above its moving average. Whenever that number hits 21, a bearish signal is generated, and whenever that number if zero, a bullish signal is generated.
The indicator signals short-term to mid-term reversals as a mean-reversion move.
daily bias @ttrades x joshuuuDaily bias is one of the most powerful tools when it comes to intraday trading.
Ttrades published a youtube video, in which he showcases his mechanical way of determing the daily bias based on ICTs and the MMXM Traders Teachings.
This indicator is based on those concepts.
The rules for this indicator are simple.
scenario 1 - first line of table
Close above previous days high gives a bullish bias.
Close below previous days low gives a bearish bias.
scenario 2 - second line of the table
Wick below previous days low and close within previous days body or above gives a bullish bias.
Wick above previous days high and close within previous days body or below gives a bearish bias.
"Bullish" bias is valid until previous daily high (pdh) is reached.
"Bearish" bias is valid until previous daily low (pdl) is reached.
If none of the above mentioned conditions is met OR the target (pdh/pdl) is reached, the bias is set to "Neutral".
On the daily timeframe, probabilities are visible on the table to reach pdh when the bias is "Bullish" or to reach pdl when the bias is "Bearish".
If the bias is bullish, the ideal buy would be below ny midnights opening price.
If the bias is bearish, the ideal sell would be above the ny midnights opening price.
Hobbiecode - Five Day Low RSI StrategyThis is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules:
1. If today’s close is below yesterday’s five-day low, go long at the close.
2. Sell at the close when the two-day RSI closes above 50.
3. There is a time stop of five days if the sell criterium is not triggered.
If you backtest it on Mini Futures SP500 you will be able to track data from 1993. It is important to select D1 as timeframe.
Please share any comment or idea below.
Have a good trading,
Ramón.
Hobbiecode - SP500 IBS + HigherThis is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules:
1. Today is Monday.
2. The close must be lower than the close on Friday.
3. The IBS must be below 0.5.
4. If 1-3 are true, then enter at the close.
5. Sell 5 trading days later (at the close).
If you backtest it on Mini Futures SP500 you will be able to track data from 1993. It is important to select D1 as timeframe.
Please share any comment or idea below.
Have a good trading,
Ramón.
CPR with inside candle, Pivot Points and 4EMA The CPR trading strategy is a technical analysis approach that combines multiple indicators to determine potential price levels and trading opportunities. The strategy uses three main components: Inside Candles, Pivot Points, and the 4EMA.
Inside Candles: The Inside Candle pattern is a candlestick pattern where the current candle has a lower high and a higher low than the previous candle. This pattern can indicate a period of consolidation or indecision in the market and can signal a potential reversal or continuation of the trend.
Pivot Points: Pivot Points are technical indicators that use the previous day's price data to calculate key levels of support and resistance for the current trading day. These levels can act as potential areas of buying or selling pressure and can help traders identify potential entry and exit points.
4EMA: The 4EMA is a short-term Exponential Moving Average that tracks the average price of an asset over the previous four periods. This indicator is used to help identify short-term trends in the market and can signal potential buying or selling opportunities.
To apply the CPR strategy, traders first look for Inside Candles on their chart, indicating a period of consolidation or indecision in the market. Next, they identify the Pivot Points for the current trading day, which can act as potential areas of support or resistance. Finally, traders use the 4EMA to confirm the direction of the trend and potential entry or exit points.
For example, if an Inside Candle forms at a Pivot Point level and the 4EMA is indicating an uptrend, this could be a potential buying opportunity. Conversely, if an Inside Candle forms at a Pivot Point level and the 4EMA is indicating a downtrend, this could be a potential selling opportunity.
Setup Max e Min Larry WilliansLarry Williams used this system to win the trading championship
Hello friends, I bring a script with a trading strategy to be used in futures such as Index, Forex and Commodities. Developed by famous trader Larry Williams.
In them we use two 3-period Simple Moving Averages (Arithmetic) (one with the high price, the other with the low price), and a 21-period Moving Average (Arithmetic) to determine the trend. This will form an average channel with the prices of the maximums and minimums of the last three candles.
Best time charts use the strategy: from 5 minutes to 60 minutes.
This strategy is quite simple. The 21 Moving Average will color according to the trend (Green for bullish, Red for bearish and Gray for transitions). The Script will signal the entry according to the trend by the colors of the candles and also by the signal:
When green, the buy will be on the crossing of the lower Moving Average crossing the candlestick, and the exit will be on the crossing of the candlestick on the next Upper Moving Average.
When red, the sell will be at the crossing of the Upper Moving Average crossing the candlestick, and the exit will be at the crossing of the candlestick on the next Lower Moving Average.
When the Script signals the candle with a purple X, it means that the trend is changing and the entire open operation must be closed.
This system has no Stop, so be careful when using it.
Na linguagem do autor:
Larry Williams usou esse sistema ganhar campeonato de trade
Olá amigos, trago um script com uma estratégia de trade pra ser usada em futuros como Índice, Forex e Commodities. Desenvolvido pelo famoso trader Larry Willians.
Neles usamos duas Médias Móveis Simples (Aritmética) de 3 períodos (uma com o preço da máxima, outra com o preço da mínima), e uma Média Móvel (Aritmética) de 21 períodos para determinar a tendência. Nisso vai formar uma canal de médias com os preços das máximas e mínimas dos últimos três candles.
Melhores tempos gráficos usar a estratégia: de 5 minutos até 60 minutos.
Essa estratégia é bem simples. A Média Móvel de 21 irá colorir de acordo com a tendência (Green pra alta, Red para baixa e Gray para transições). O Script irá sinalizar a entrada de acordo com a tendência pela cores dos candles e também pela sinalização:
Quando green, a compra será no cruzamento da Média Móvel inferior cruzando o candle, e a saida será no cruzamento do candle na Média Móvel Superior seguinte.
Quando red, a venda será no cruzamento da Média Móvel Superior cruzando o candle, e a saida será no cruzamento do candle na Média Móvel Inferior seguinte.
Quando o Script sinaliza o candle com X purple, significa que a tendência está em mudança e deve ser fechada toda a operação em aberto.
Este sistema não possui Stop, portando cuidado quanto a seu uso.
Auto Order Block by D. BrigagliaThis indicator finds trend following engulfings, and draws order blocks based on the 1st candle's range (the first candle of the engulfing pattern).
It does filter the trend with simple moving averages of 21 and 55 periods, but it doesn't filter for retracements in the trend (you should consider only the order blocks that are coming from engulfings after a retracement)
Trader Pressure Index (TPX)This is my take on the script by RedK
I kept the algorithm exactly the same, but changed the layout and the default look back period. Most important is that the resulting line, the TPX, is now a histogram with green and red staves.
To put the histogram on a logical place in the graph, I changed the way the control/dominance level is implemented, it now lowers or highers the whole graph, this way the zero level becomes the ‘no interest’ level.
I added two horizontal lines at a distance of 40 because I feel that this is sort of an oversold / overbought indication. In practice not very convincing, but provides a visual comparison.
In this layout I explain that grass is growing on bull hills peaking up behind the foreground and blood is dripping from the bear hills.
Enjoy.
VT R Cloudsettings for the VT R Indicator
VT R TIme (Minues) = 10
Session Time = 09:25 - 09:35
Show VT R Ticked
Show VWMA Ticked
VWMA Period = 10
Long Trade Rules
1. Close ABove buy above
2. trade above ma
3. volume > ma (volume Settings Given Below)
4. sl below sell below
Short Trade Rules
1. close below sell below
2. trade below ma
3. volume > ma (volume Settings Given Below)
4. sl above buy above
Volume Indicator has to be added manually i suggest to use the default Volume Indicator
Settings for the Volume Indicator
Lookback = 10
ShowMA Ticked
LengthMA = 10
FibBand, Perfect Trendline Trader and Target SystemSo, Dear Friends, I am open-sourcing one of my scripts which I created as a thesis project,
The Auto Trader System is a Scalping Tool , to be used mostly in intraday Setups!!
and is designed using,
1. Fibonacci Bands
Fibo Bands are Calculated by defining dynamic Fibonacci Pivots Lines over a history of Lookup values (Default is 89 periods lookback),
The bands help in identifying the Target Points for the setup
2. Perfect TrendLine Setup
The script uses PTS, as a filter to define the optimum entry and exit points
Which timeframe it works for ?
Works for Any Time Frame, but Intraday setups are good!
Who is this System for ?
Beginner and Intermediate Traders
Provision For Alerts
The Script has provision for both long and short alerts!!
Enjoy!
Dynamic Range here comes open source version of notorious JFT Indicator ( the indicator access you can get in some bucks ) on various telegram channels however they will not give code.
Now how it works
1. 2 ranges derived from indicator are supposed to be a consolidation zone and any close above or below is supposed to give a good move.
2. I personally consider it as may be addition to price analysis. ( i don't believe much in indicators,even simple MA gives fruitful results when there is good move in market )
3. Range can be drawn on chart with various resolution ( Daily/Monthly/Weekly )
PS: I coded myself based on data analysis shown by access only indicator. In case you use it for your publication don't forget to give credits.
Thanks,
daytraderph
Weekend Trader Smoothed Rate of Change
Rate of change indicator based on Nick Radge's Weekend Trend Trader Strategy, with an added extra of EMA smoothing if you want it.
This indicator simply turns green when the rate of change is above a certain level (value is set in threshold)
Threshold is defaulted to 30 as outlined in the strategy rules
Index Trend Filter - Weekend Trend TraderThis little script simply gives you a quick visual cue of where price is compared to a particular EMA of another security or underlying index.
It is based on Nick Radge's broader market filter weekend trend trader system, but can be applied to other timeframes if you want to confirm if the index is in an up trend or down trend.
• Green means the underlying index price is above the EMA
• Red means the underlying index price is below the EMA
Viral Trend TraderSimple indicator.
Chose ADX Length and Timeframe and it will show translucent black candles for downtrends and white candles for uptrends.
UCS_Trader Pressure Indicator -V1Welcoming everyone to a simple Indicator. I have used the volume of a stock to establish how commited the market for that particular ticker is when it comes to a direction.
The idea behind the indicator is how much of commitment there is towards a move.
*** This indicator is non directional*** ie., It just measures the commitment behind a move.
Why is it important.
Let's say we have a uptrending stock with low commitment (pressure), the bounce on any pullback will not be able carry that any further. So the pressure on the Pullback could drop the stock below and add additional risk. Only for us to wish and think, we checked that previously.
Essentially, If a Trend is being established with a strong pressure (VOLUME BASED). It is more likely to continue.
How you would use this is upto you. But general ideas in Some of these snapshots.
Concluding -
The trend in combination with TPI - Stronger Trend.
In such stronger trends - A pullback (oppsing the trend) have higher probability to bounce.
NOTE - Experiement with the indicator and Trade at your own risk This is a tool, not a system.
Feedbacks are welcome and will be considered for improvement.
Best Wishes
Volume Extension PRO [DepthHouse]Would you like to have an edge over other traders? By being ahead of the competition you can take faster and better decisions. We can provide you with indicators that give you full overview over the most important values that affect the movements of your assets. Get a subscription today! It's never too late to become a pro trader!
Volume Extensions PRO uses advanced calculations based on cumulative trends to determine a range at which volume can become over or under extended.
Thus signalling potential points of support or resistance.
Combine Volume Extension PRO with signals basic Support & Resistance to give you the cutting edge you need to become a successful trader!
TUTORIAL
Volume Extension:
The volume bars represent the current candle volume extension based on historical data. The higher the extension, the more volume present compared to the user set lookback period.
Volume bars that extend past 1 represent a massive surge in volume.
Extension Oscillator:
The extension oscillator is the most advance feature with this indicator. It uses cumulative volume averages to create a range in which volume travels in. The extension oscillator reads very similar to an RSI.
Over 1 = overbought / over extended volume
Under 0 = oversold / under extended volume
The extension oscillator may also be used a tool to pin point levels of volume divergence
Signal Colors:
The colored bars represent either a surge in volume (gold), or over or under extension.
These colored bars may be used to pinpoint key volume levels to help determine short or long term trend reversal points.
Combine these signals with basic support and resistance to give you professional edge!
The chart above has manual placed arrows to represent when and where the Volume Extension PRO indicator gave these signals.
Settings:
Length: Lookback period of the oscillator
Weight: Adds additional weight to the cumulative volume averages for lower volume exchanges.
Warning : This is a based volume indicator. Therefore its results are entire based on the the volume of that exchange! Some exchanges or currency pairs may not provide enough volume to give accurate results. Do not solely rely on this indicator to make your trades. Please use responsibly.
Request a FREE Trail via my website!
Highs and Lows (Previous Days Projected + Current Week & Month)Credit to Lachlan Smith created original on 31/03/15 - Edited by Elisa 30/3/19
Historical highs and lows
Includes three previous days projected onto today, plus current week and month.
Settings allow for data to be hidden after weekends for use in traditional markets. (i.e. prior 2 days not useful on a Monday)
Penunjuk Arah CryRexIndikator ini sangat Berguna Untuk Scalping Dan menentukan Arah tinggal kalian mengganti timeframe saja Bagaimana indikator ini bekerja?jadi di indikator ini ada 3 line/garis Merah,Ungu,Putih Garis merah dan ungu berfungsi sebagai support and resistance dan garis putih adalah Trend bullish/naik atau Trend Bearish atau turun Ketika harga di atas garis putih dan di barengi Oleh garis merah dan ungu itu harga Bullish yang berarti ke 3 garis itu menjadi support kalau bearish maka ke 3 garis itu menjadi resistance untuk entrynya ketika harga melewati garis putih bullish kita buy lalu ketika sampai profit tertentu kita take profitnya lalu selain memanfaatkan menembus garis putih saat harga sedang bullish lalu harga drop ke garis ungu lalu mantul berarti itu menandakan trend akan berlanjut dan bisa masuk di situ garis ini bisa juga sebagai titik stop loss yaitu di bawah garis putih sebagai titik stop lossnya untuk take profitnya kalian bisa meraba raba sendiri silahkan di coba indikatornya dan di pelajari
