Chan's Theory, commonly known as "Chan Theory" in the context of financial markets, is a technical analysis framework developed by a Chinese trader and commentator named Chan Zheng Kun, often referred to as Chan. The theory integrates principles of trend analysis, market patterns, and the dynamics of buyers and sellers. Here’s a concise description of its core concepts:
This indicator that you see in the picture shows two very important things in the trade that can help the trader to succeed in the trade. First, it can draw trend lines close to the live market, and the drawing of these lines can be changed according to the inputs that the user enters into the indicator, for example, the length to obtain pivot points and the...
The "StoufLaCruc's VWAP Angle with Dynamic Band Light" indicator combines VWAP angle analysis with a dynamic band light system to offer traders valuable insights into market trends. It calculates the angle of the Volume Weighted Average Price (VWAP) over a specified lookback period, providing a measure of trend strength. The dynamic band light system sets upper...
it give next possible pattern of the script confirmed by ema crossing when trigger medium and fast line is below slow line it's SELL and when above it's BUY
The "Volatility Index with Band Light" indicator provides insight into market volatility trends while offering clear visual cues for heightened or subdued volatility conditions. It calculates volatility using standard deviation, comparing it to a dynamically adjusting maximum volatility level. The indicator features an exponential moving average to smooth out...
Rsi cross that indicate golden cross and death cross with the help ofn 14 ma
The "Enhanced Predictive Model" is a sophisticated TradingView indicator designed for traders looking for advanced predictive insights into market trends. This model leverages smoothed price data through an Exponential Moving Average (EMA) to ensure a more stable trend analysis and mitigate the effects of price volatility. **Features of the Enhanced Predictive...
This indicator combines two technical analysis tools: Exponential Moving Averages (EMA) and the Moving Average Convergence Divergence (MACD). Exponential Moving Averages are used to identify the general trend direction. In this indicator, four different EMAs with varying period lengths are plotted: 5, 10, 50, and 200. This allows for observing price behavior on...
This Pine Script code is a custom indicator named "ETH Price Difference Indicator" designed for the TradingView platform. The indicator aims to identify and visualize the price difference between two Ethereum futures contracts: CME:ETH1! and CME:ETH2!. Here's a breakdown of the code: 1. The script fetches the daily close prices of CME:ETH1! and CME:ETH2! using...
Este indicador te ayudará a saber cuándo puedes comprar y vender. Se basa en las medias móviles y en MACD
Exit strategy as per my own trading setup : For short term swing trading : 1. 30% exit when 13 EMA breached. 2. 30% may be exited when 21 EMA breached. 3. rest 40% may be exited when 31 EMA breached. For positional trade : 1. 50% may be exited when 31 EMA breached. 2. rest 50% may be exited when 50 EMA breached. For booking some partial profit for short term...
This Pine Script code is a custom indicator named "BTC Backwardation Searcher" designed for the TradingView platform. The indicator aims to identify and visualize the price difference between two Bitcoin futures contracts: CME:BTC1! and CME:BTC2!. Here's a breakdown of the code: 1. The script fetches the daily close prices of CME:BTC1! and CME:BTC2! using the...