Connect day open to day close of the orange line , after that connect day open to day close of nifty or banknifty . If the trendline conflict against each other, gap winner's trend wins. For example - gap winner's trend is bullish , nifty trend is bearish , we can expect GAP UP on very next day. Note - Trendline you need to draw by yourself.
This script predicts the Gartley pattern. What does it mean "predicts"? It checks the recent high/low points and tries to fit them into the X, A, B, and C points of the Gartley formation (both bearish and bullish). If there is a match, it draws the possible location for point D. Does it mean that if there is a Gartley prediction, the price will surely go in that...
I use this indicator to mark levels and mathematically categorize my 15mins chart into smaller trading zones. You can view these as Support and Resistance levels as well, however, the main function is to visually divide the chart on the basis of previous days' price movements. - Levels are calculated based on the Average % Change per Day for the last 5 Days....
This indicator basically works like Gann Grid indicator that can be used as an SNR , making it easier to draw diagonal lines with the same price difference for each line. The change in SNR in a market can be in the form of a certain gap/point number according to its characteristics. Entering these numbers can make it easier for traders to determine SNR for better...
BitcoinNinjas NINJASIGNALS V4 (Script) (for Cryptocurrencies, Forex, GunBot, ProfitTrailer, Autoview, CryptoHopper, manual or automated trading, and more) This is version 4 of our Ninja Signals trading script, with accompanying backtesting strategy. BitcoinNinjas NINJASIGNALS V4 (Strategy) •Allows users to easily set automated buy/long and sell/short...
BitcoinNinjas NINJASIGNALS V4 (Strategy) (for Cryptocurrencies, Forex, GunBot, ProfitTrailer, Autoview, CryptoHopper, manual or automated trading, and more) This is version 4 of our Ninja Signals trading script, with accompanying backtesting strategy. BitcoinNinjas NINJASIGNALS V4 (Script) •Allows users to easily set automated buy/long and sell/short...
This script is another Fibonacci script however this script gives select signals indicating when a resistance level is hit aswell as a support level. A resistance level is calculated by price action failing to close or open above a fib level yet its high crossing the level. This essentially means price action was too weak to break this level. The same goes for...
This script shows 3 Donchian Channel 78.6% and 21.4% intermediary level lines to perform trade analysis. Besides those 6 lines it also optionally shows Fibonacci's retracements with 100%, 127%, 162%, 200% and 262% for one of the Donchian channels. The 3 Donchian Channels used have default lengths 72, 305 and 1292, calculated after the first length default value...
This script uses the Traditional Pivot Points but includes the price levels and the 50% line between levels. We added the ability to change the line color of the major levels and the minor levels independently, for better clarity. Added alerts - used code from QuantNomad. Pivot Points description from TradingView default indicator: Pivot Point analysis is a...
The strategy is scalping around my mathematical defined S/R on m1 timeframe. The secret sauce here is the formula, other parts of the strategy is quite simple. There is a hard SL to eliminate big losses, though it's 100% win rate on ES. There is no soft SL on this script, so use it with your own risk. The strategy trades two contracts per signal and the pyramid is...
Average Directional Index (ADX) and Difference between DI+ and DI- (ΔDI±), I call it Delta for short. The idea explained: ADX is a common indicator for analysing trend strength. Values over 25 usually indicate the symbol is in "trend mode", meaning there is a lot of momentum, upwards or downwards, - while values under 25 suggest it is in "range mode", the price...
This is a total re-write of my previous Opening Range indicator. All the same functionality with better code Features Opening Range and Initial Balance ranges (30 minutes and 1 hour defaults) Overnight Range Daily Open Price Can select which midpoint: OR or IB 4 separate extensions (up and down) based on either OR or IB Shaded range area All lines...
The MM Session Open Algo is a strategy to catch the opening breakout of a security displays the current session with background color Entry, Stop Loss Based on Atr, and two Take Profit levels Kill zone entries for New york and London session provides valid signal for entry once price crosses entry line and set "opening session price" to determine what signal...
This indicator helps to identify current support and resistance based on the opening of the Asian, London and New York sessions. Function You can make good trade entries based on these lines. Shows daily and weekly openings of each session It will also help you to look at which session you are currently trading) Purple ----> Asian session Red ---->...
This indicator is created specifically for BTCUSDTPERP, BTCBUSD, and BTCUSDT cryptocurrency pairs. It is not profitable in other cryptocurrency pairs. It only works on the 5-minute chart with a candle pattern. This indicator is just based on multi-timeframe Supertrend analysis. This indicator is more suitable for scalping. The target is 0.45% and the stop loss is...
Now can be used by everyone. Chobotaru Indicator has two functions: 1. Probability cloud, giving the probability of stock or future to move to a certain price. 2. Help traders understand where to take profit and where to put a stop-loss. You don’t need knowledge about options trading, this indicator is for all traders/investors. What does the indicator do?...
This is an experimental trend following indicator. NOTE: This is designed to work in conjunction with the Miyuki Wave indicator, but can also be used standalone. The Baseline settings should match the settings in the Miyuki Wave indicator. It has 3 Jurik Moving Average ribbons set to very long lengths. Each ribbon is centred around a set value with the width...