This is a divergence indicator that draws regular and hidden divergences based on the Zigzag indicator and RSI indicator. There are two degrees of Zigzag. So, in each Zigzag degree, there are two types of regular divergences and one type of hidden divergence. 👉(The logic is written in case of a bearish regular divergence. The opposite will apply for a bullish...
This is experimental script for zigzag which uses type, method and array. Not recommend for actual usage, for pine script study maybe useful. In this experiment, I use type as coded below. It seems have limitation as specially when push as array. As Trading View recommendation, pushing float and int into array especially for type not guarantee to work. I agree...
This is an open-source Pine script that generates a Supertrend Zone Pivot Point with Zigzag Fib indicator for TradingView. The indicator displays the Supertrend Zone, pivot points, and Fibonacci levels on the chart. One of the unique features of this indicator is that it uses a Zigzag that does not repaint, ensuring accurate high and low points for the pivot...
Giga Kaleidoscope GKD-V Swing Line is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense...
this indicator creates the market structure with a little delay but perfectly. each zigzag is always drawn from highest to lowest. It also signals when the market structure is broken. signals fade over time. The table above shows the percentage distance of the price from the last high and the last low. zigzags are painted green when making higher peaks, while...
Here is an another outcome of Object Oriented Zigzag and Pattern Ecosystem of Libraries. We already have another implementation of recursive zigzag which makes use of earlier library rzigzag . Here in this example, we make use of similar logic but leverage the new type and method based Zigzag system libraries to derive the indicator. 🎲 Design Overview ...
█ OVERVIEW This indicator displays zigzag based on high and low, which is using user-defined types (UDT) or objects . █ CREDITS LonesomeTheBlue █ FEATURES 1. Label can be resized. 2. Label can be display either short (Eg : HH, LL, H, L, etc) and long (Eg : Higher Low, etc) 3. Color can be customized either contrast color of chart background, trend...
🔥 Overview 🎯 This Double BOS(Break Of Structure) Confirm indicator combined ma-based BOS and classic BOS to achieve a more credible BOS signal . it works well in most symbols with 2 parameters finetune. 🎯 It's a enhanced version compare with previous script. 🎯 at the same time, I keep D-BOS and BOS separately, you can use them in combination...
█ OVERVIEW MATHR3E WAVES automatically draws Elliott Waves on your charts with their potential associated targets. █ CONCEPTS Disclaimer MATHR3E RETRACEMENTS indicator is intended for advanced traders and may fit your profile, whether you are a day trader or a long-term investor. It was originally developed by a renowned market analyst and documented in...
Japanese below / 日本語説明は英文の後にあります。 ------------------------- This indicator that automatically displays Fibonacci from each High & Low based on 3 Zigzags. It's useful for multi-timeframe analysis. For example, Fibonacci calculated from the high and low prices (Zigzag 3 Period=100) of the upper timeframe can be displayed on the lower timeframe. Also, you can set...
The "Zig Zag Stochastic" indicator is an indicator that uses a combination of zigzag pivot points and exponential smoothing to calculate a stochastic-like oscillator. The indicator starts by identifying pivot high and pivot low points in the price data using the Zigzag indicator. These pivot points are then used to calculate the scale_price, which is a ratio of...
We defined new method to derive zigzag last month - which is called Channel-Based-Zigzag . This script is an example of one of the use case of this method. 🎲 Trend Following Defining a trend following method is simple. Basic rule of trend following is Buy High and Sell Low (Yes, you heard it right). To explain further - methodology involve finding an...
🎲 Overview 🎯 This Zigzag indicator build based on different MA such as EMA/HMA/RMA/SMA, support multi-timeframe setting . you can get customer zigzag indicator by change short/long ma length and high-timeframe config(5m/15m/30m/1h/2h) in any symbol. 🎲 Indicator design logic 🎯 entired logic is simple and code looks complex, I‘ll explain core logic here, code...
Japanese below / 日本語説明は英文の後にあります。 Based on "ZigZag++" indicator by DevLucem. Thanks for the great indicator. ------------------------- This indicator that displays the candle count (bar count) at the peaks of Zigzag . It also displays the price of the peaks. You can easily count candles (bars) from peak to peak. Helpful for candles (bars) in cycle theory. This...
This indicator is perfect for traders who want to identify trend lines on a chart. It draws higher low uptrends and lower high downtrends, making it easy to see where the trend is going. You can also customize the settings to fit your needs, making it the perfect tool for your trading arsenal. With this new tool, you can easily customize your experience to get...
|Tradingview wants a Description| The Indicator Helps with finding: - higher highs - lower highs - lower lows - higher lows - trends It also shows with a triangle what candle confirmed the Pivot points And it just looks fancy (my opinion)
Still experimental. Extending further on the divergence backtest results - in this script we try to project next 2 pivots (including one unconfirmed pivot) 🎲 Previous experiments 1. Divergence-Backtester 2. Divergence-Backtester-V2 🎲 Additions Apart from collecting the stats on number of occurrences of HH, HL, LH, LL - this script also keeps track of...
This script will show up to three different timeframe structure based on fractal formation (combination of three candles where the middle one is the highest). You can modify each of the timeframes (called factors in the script). These factors emulate the fractal formations on the timeframe specified (in minutes). I found that at least for me a combination of...