This indicator provides an estimation of buy and sell volumes in the market. The estimated buy volume is represented by a blue-green color, while the estimated sell volume is depicted in purple. Both of these are highlighted with a solid fill. Additionally, the Rate of Change for the buy volume is shown in a solid green line, and for the sell volume, it's...
The Rotation Factor objectively measures attempted market direction(or market sentiment) for a given period. It records the cumulative directional attempts of auction rotations within a given period, thus, helping traders determine which way the market is trying to go and which market participant is exerting greater control or influence. Theory The premise is...
Engulfing Candle + RSI Indicator by Stttrading F.Velazquez Description: Discover a powerful tool for market analysis with the Velas Engulfing + RSI Indicator. Crafted by Stttrading Franco Velazquez, this indicator seamlessly blends engulfing candle patterns with the precision of the RSI filter. What sets it apart is its unique approach – signals are...
Introducing the Candlestick Pattern Plotter, a comprehensive TradingView indicator designed to elevate your technical analysis by automatically identifying and plotting three essential candlestick patterns – Pin Bars, Engulfing Candles, and Inside Bars. This powerful tool equips traders with a holistic view of market dynamics, enabling them to make informed...
This indicator detect fake breakout on previous day high/low and option previous swing high and low Rule Detect Fake Breakout On Previous Day High/Low Or Swing high low Fake Breakout - 1) Detect previous day high/low or swing high/low 2) A) If price revisit on previous day high/swing high look for upside breakout after input ...
There are a plenty of Engulfing candle detecting indicators but every single of them detect engulfing candles engulfed by only single candle but sometime it take more then one candle to engulf the previous opposite candle, which is also considered as engulfing candle. So this script show both type of candles. Type of Engulfing Candles Normal Engulfing...
The "Swing Identifier" is a custom Pine Script indicator designed for use in the TradingView platform. It serves to visually identify and mark swing highs and swing lows on a trading chart, which are key concepts in technical analysis. This script is comprehensive and customizable, making it a useful tool for traders looking to pinpoint potential trend reversals...
The Fair Value Gap Absorption Indicator aims to detect fair value gap imbalances and tracks the mitigation status of the detected fair value gap by highlighting the mitigation level till a new fair value gap is detected. The Fair Value Gap (FVG) is a widely utilized tool among price action traders to detect market inefficiencies or imbalances. These imbalances...
Title: MUJBOT - ADVANCED DAILY OPEN Description: The "MUJBOT - ADVANCED DAILY OPEN" is a versatile and user-friendly TradingView indicator designed to enhance daily trading strategies by highlighting the daily open price on the chart. This indicator is particularly useful for traders who focus on intraday price movements around the opening price of the trading...
The cycles are separated by vertical lines. The first cycle (Q1) is marked with a red line because it is a manipulative cycle where you should not open positions. Other cycles are green (Q2, Q3, Q4). You can add the time of the current candle, its size and position on the chart in the settings The time is highlighted in red in the timeframes 9:30-9:40,...
This indicator focuses on identifying "SWEEPs" based on taking liquidity at highs and lows. The application of the SWEEP strategy is highly determinant in the Swing points, as they serve as the target of our operations. ALERTS INCLUDED 🔹Example of Strategy Application 1.-Create the BULLISH SWEEP. 2.-You can enter LONG. 3.-If it is a BULLISH SWEEP, take a long...
Description of the "Enhanced High Volume Absorption" Indicator The "Enhanced High Volume Absorption" indicator is a specialized trading tool designed for the TradingView platform, optimized for the 15-minute chart timeframe. It offers traders a unique approach to analyzing market momentum and strength by focusing on significant volume movements, which are often...
The "ADX and DI (Colored Candles Open-Source)" indicator is a technical analysis tool used in trading. It utilizes the Average Directional Index (ADX) and the Directional Movement Indicators (+DI and -DI) to assess the strength and direction of a price trend. The ADX is calculated based on a 14-period lookback and is displayed as a histogram. The color of the ADX...
The "Dollar Volume Last 20 Candles" indicator, abbreviated as "DV", is a practical and insightful tool for traders and analysts. This indicator focuses on enhancing the visualization of trading data by calculating and displaying the dollar volume for each of the last 20 bars on a financial chart. It achieves this by multiplying the closing price of each bar with...
View candles differently with this new indicator designed to simply visualise and analyse price movements on your chart! The more vibrant the colour, the stronger the conviction of its respective candle. This simple script calculates the closing price as a percentage within the candles high/low range. A colour/strength rating is then assigned to the candle...
The Simple Moving Average (SMA) is the most basic and widely used type of moving average. It’s calculated by taking the arithmetic mean of a given set of prices or data points over a specified period. SMA = (P1 + P2 + ... + Pn) /n Where P1, P2, ... , Pn = prices of data points n = number of periods When a new SMA is calculated for a new candle stick, the...
Day first candle breakout Indicator In this indicator script, we search for the high and low of the first candle of the day. After the breakout of either the high or low, we initiate a trade. This indicator is based on the breakout of the opening range of the first candle. Buy Breakout - 1. Identify the high and low of the first candle of the day. 2. If there...
composition - Consists of a thick trend line and a thin yellow line. - The largest (green/red) lines indicate rising and falling markets. - This line represents the 13-candle moving average of Tilson T3. - The reason for 13 candles is because it best matches the recent market price based on Bitcoin. - This value cannot be changed, so if you need it, please...