### Explanation of the Pine Script This Pine Script identifies and displays weekly naked Points of Control (nPOCs) on a TradingView chart. An nPOC represents a Point of Control (POC) from a previous week that has not been revisited by price action in subsequent weeks. These nPOCs are extended to the right as horizontal lines, indicating potential support or...
This Pine Script code builds an indicator called EMA Crossover with Historical Price Projection that combines two components: EMA Crossover Strategy: EMA 9 and EMA 21: The script calculates two exponential moving averages (EMAs) using the ta.ema() function. The crossover between these EMAs generates buy/sell signals. A bullish crossover (when EMA 9 crosses above...
⭐ Bullish Zone: ⭐ Bearish Zone: ⭐ Neutral Zone: The provided script integrates Bollinger Bands with different lengths (20 and 200 periods) and applies customized candle coloring based on certain conditions. Here's a breakdown of its importance and insights: ⭐ 1. Dual Bollinger Bands (BBs): Bollinger Bands (BB) with 20-period length: This is the...
Description of the RSI Multi-Timeframe Indicator The RSI Multi-Timeframe Indicator allows you to track and compare the Relative Strength Index (RSI) across three different timeframes on the same chart. This is particularly useful for traders who want to gauge the momentum of an asset over multiple time periods simultaneously, helping to make more informed trading...
PURPOSE OF THE INDICATOR This indicator autogenerates and displays naked levels and gaps of multiple types collected into one simple and easy to use indicator. VALUE PROPOSITION OF THE INDICATOR AND HOW IT IS ORIGINAL AND USEFUL 1) CONVENIENCE : The purpose of this indicator is to offer traders with one coherent and robust indicator providing useful,...
EMAs for D W M Timeframes Description: The “EMAs for D W M Timeframes” indicator allows users to set specific Exponential Moving Averages (EMAs) for Daily, Weekly, and Monthly timeframes. The script utilizes these user-defined EMA settings based on the chart’s current timeframe, ensuring that the appropriate EMAs are always displayed. Please note that for...
The Awakening Checklist indicator is a tool designed to help traders evaluate certain key market conditions and elements before making trading decisions. It consists of a series of questions that the trader must answer using the options "Yes", "No" or "N/A" (not applicable). “Has Asia Session ended?” : This question aims to determine if the Asian trading session...
The "3-Criteria Strategy" is a simple yet effective trading strategy based on three criteria: 200-Day Moving Average: The first criterion checks whether the current price is above or below the 200-day moving average (SMA). A price above the 200-day line is considered bullish (thumbs up), while a price below is considered bearish (thumbs down). 5-Day...
This Pine Script code is designed to highlight Pin Bars on a TradingView chart by changing their color to yellow. A Pin Bar is a type of candlestick pattern that typically indicates a potential reversal in the market. The script uses specific conditions to identify bullish and bearish Pin Bars based on the size of the candlestick body and the length of the shadows...
█ OVERVIEW This indicator automatically draws and sends alerts for all of the harmonic patterns in my public library as they occur. The patterns included are as follows: • Bearish 5-0 • Bullish 5-0 • Bearish ABCD • Bullish ABCD • Bearish Alternate Bat • Bullish Alternate Bat • Bearish Bat • Bullish Bat • Bearish Butterfly • Bullish Butterfly • Bearish...
Overall Logic : The script is designed to help traders visualize and analyze price movements on the chart, where each 1% movement is highlighted with a corresponding symbol. Additionally, the table helps track and analyze the number and length of consecutive price movements in one direction, which can be useful for identifying trends and understanding market...
1. indicator settings BB Length: Sets the period used for the Bollinger Band calculation. The default is 20 periods. BB Multiplier: Sets the multiplier to be used in the Bollinger Band calculation. The default is 2.5 multiplier. Equilibrium volume reset: Selects whether or not the volume should be reset if it is out of equilibrium. The default setting is reset....
Description: The indicator displays "recommendations" for the active symbol (Buy, Strong buy, Sell, Strong sell or Hold), based on the Tradingview's recommendations data. There are 3 presentations you can choose from: - Bar -> displays a vertical/horizontal bar with sections for each rating - Pie chart -> displays a pie chart with sections - Table -> displays a...
This code is an indicator for drawing custom candle charts based on volume and analyzing price fluctuations and trends. A specific description is provided below: Main functions and analysis details Cumulative Volume Calculation Accumulates the volume of all bars and calculates the cumulative volume. This gives an idea of the total volume of volume. Counter...
THE LINES The indicator plots a horizontal price line at a specified hour and minute (default: 9:30 - Equities Open). This line extends for a predefined number of minutes (default: 60 minutes - Opening Range Full Spectrum). Additionally, the indicator can plot two vertical lines: one at the selected start time and another at the end of the horizontal line. ...
Previous Highs and Lows with Fibonacci This Pine Script indicator, "Previous Highs and Lows with Fibonacci," is designed to overlay on a trading chart and visually represent key Fibonacci levels based on historical highs and lows. It features: Lookback Periods: The script allows you to define two lookback periods for calculating highs and lows: a short lookback...
This is the first in a set of indicators I will be publishing. Quite simply, my aim is to demystify GDP. Lots of what is discussed in economic circles revolves around nominal GDP and evaluations of GDP that are skewed by government spending, inflation and often, sheer population. In the same way that a country with lots of people might have a big GDP (even if...
1-Minute Scalping Strategy - KGP Overview: This indicator is designed for short-term traders who engage in 1 (or) 5-minute scalping. It combines several technical analysis tools to provide buy and sell signals, helping traders make informed decisions quickly. Key Features: VWAP (Volume Weighted Average Price): Purpose: VWAP provides the average price a...