This super indicator is a Swiss army knife for Smart Money traders for OrderBlocks / FVG / BoS It provides many options for drawing (non-repainting) boxes for OrderBlocks, Fair Value Gaps (FVG) and Break of Structures. The boxes are extended into the future, until the first retest/mitigation. Some of the additional options (not explained in the diagrams above) ...
Pullback Candle will signal when price is at the end of a pullback and entering a balance phase in the market (works on all markets) Also we can expect a Pullback Candle during flash crashes as the theory of this script is when there is a turning point in momentum - this candle will appear and we can look long from this signal. This candle will only work in...
Rally Candle will signal when price is at the end of a Rally to the upside and thus entering a balance phase in the market (works on all markets) This candle works very efficient when the market is either trending downwards or in range markets where price is at resistance. (i would avoid in uptrends but depends on the trader) Also we can expect this candle to...
Markets knows only two movements. Expansion and Consolidation. The price is either moving or it is consolidating. Fractal Energy will show you which move is about to happen. The funny thing is.. Fractal Energy will NOT tell you the direction of the potential move nor the time when the move will happen. It only shows whether the energy is accumulating or exhausting...
In this strategy, I used Wavetrend indicator (Lazy Bear). It is very simple and easy to understanding: Long when Wavetrend1 crossover Wavetrend2 and they are less than a limit value (not buy when price overbought). Stoploss at lowest 3 bar previous. R:R = 1:1,5. About other shortterm strategies for crypto market, you can view my published strategies.
Few Months ago I started wanted to code a candle which alerts me when a Rally may be over in Bearish Conditions and today I have created a candle which is 1. subjective but more importantly appears in areas where buying pressure is at either a climax or in the process of a decline and this is where the Rally Candle signals. This shows momentum may be shifting and...
This is a Bill Williams fractal indicator with breaks. I was turned onto fractals and the importance of their breaks by ChaosTrader63. I know several version of this indicator have been done. I chose this as a first project because of it's simplicity , but also because of the poor code quality of some other versions I looked at. This is the first draft that...
Smaller Fractals (+ Transparency) I find that fractals are super useful, but can visually clutter up the chart pretty quickly. Their opaqueness and just overall bigness can become a bit much. As such, these are just like regular fractals, only smaller (pine script's`size.tiny` instead of the default `size.small`). Also, you can set a transparency level to these...
// == Descripción == // Este indicador encuentra todos los fractales altos y bajos de Williams y los marca en el gráfico. // Puede configurar cuántas barras hacia atrás y hacia adelante se deben contar para confirmar un fractal. // También puede trazar una línea de parada que siga los fractales hacia arriba y hacia abajo. // Puede elegir si el camino cambia de...
This system is based on master illango volatility and fibbonacci table which takes last 10 days volatility into account and accordingly calculated two levels for buy and sell side. for buy, buyabove and buyconf and for short side sellbelow and sellconf level. beyond these two range likely to reach target1,target2 and target3 on both side. for more info please...
This indicator finds the current price and dynamically plots bank zone levels that's incremented by 50 or 100 pips. Levels are displayed on all time frames and will work for ALL forex pairs and indices. How to use this indicator. Select Pair - Choose a pair that's in your watchlist Increment By - Plots lines in increments of 50 or 100 pips
Hello All, For long time I got many request for Renko Candles and now here it's, Renko Candles Overlay . I tried to make almost everything optional, so you can play with the options as you want. Let see the options: Method: the option for brick scaling method: ATR, ATR/2, ATR/4, Percent, Traditional - ATR Period: period for Average True Range and it's...
Idea The idea is simple : when market turns around, it traps a bunch of traders off guard. We trade with them, in the same direction of their exit! Method We let the market first create a fractal We then let the market create an opposite fractal We then let the market break the first fractal it created, thereby trapping lots of trades in the process ...
This indicator plots those pivots/fractals which have not been taken out by price, whereby showing where are the clusters of highs/lows where stop orders (or liquidity) could be hiding. This is a fantastic tool for taking reversal trades.
Requested Update to this Indicator alert project. In this update I have added the option to be able select which Price Action candles you want included in the display and the generated alarm Alert. Other changes also included in this update: Also added a Price Action candle for "Last Fractal S/R Break", this also a good continuation indication. Added option...
This long only strategy determines the price of the last fractal top and enters a trade when the price breaks above the last fractal top. The strategy also calculates the average price of the last fractal tops to get the trend direction. The strategy exits the long trade, when the average of the fractal tops is falling (when the trend is lower highs as measured by...
update: added optional option for marking the fractals with bgcolor (request for: faizal.mansor.908)