Volatility ATR Support and Resistance Bands The “Volatility ATR Support and Resistance Bands” is a trend visualization tool that uses Average True Range (ATR) to create a dynamic channel around price action, adapting to changes in volatility and offering clear trend indicators. The band direction can indicate trend and the lines can indicate support and...
The MTF Supertrend Indicator is a versatile tool crafted to enhance trend analysis across multiple timeframes. Leveraging the reliable Supertrend formula, it provides traders with a comprehensive view of market trends and potential reversal points. Key Features Multi Timeframe Analysis: Tracks Supertrend signals over a variety of timeframes, offering a...
This script is a tool designed to calculate a First In, First Out (FIFO) Moving Average (MA) using traded prices and volumes. Additionally, it computes the Point of Control (PoC) from, which identifies the price levels (developing POC) with the maximum volume. The script is built to provide traders with a comprehensive analysis of price movements and volume...
This indicator can be used with a strategy known as gap close reversal. Gap close reversal is a trading strategy based on the idea that when a market experiences a gap (a significant difference between the previous day's close and the current day's open), there's a tendency for the price to fill or "close" the gap by moving back to the previous day's closing...
This indicator draws swing-highs and swing-lows, also called pivot highs and lows. A swing high is a bar which has a higher-high than its surrounding bars (to the left and the right). A swing low is a bar which has a lower-low than its surrounding bars (to the left and the right). A common example of a pivot is Bill Williams' Fractal, which specifies that the...
R-DFCB V1.5: Day First Candle Breakout This indicator identifies potential breakout opportunities based on the first candle of the trading day. It considers the high and low of the initial trading range to determine possible entry points, along with the previous day's high and low to gauge the strength of the trend. Key Features: Day First Candle Breakout:...
█ Multi Pivot (Support/Resistance) & Previous Period (Open/High/Low/Close) The previous script was deleted because of a copyrighted word. From JayRogers description. █ Multi Pivot Selector Allows you to set up to 3 distinct sets of pivots, each with their own resolution settings and the ability to select how many support|resistance levels are shown. The...
Made this indicator with the help of chat gpt out of inspiration of an mtf ema build by @jlo3 and pullback trading strategy from a trader on youtube @baguettetrading Main idea is to use the MTF EMA on keeping an eye if trend is bull or bear. And to follow the short time trend ema on chart (5m - 15m), for possiple entry on a pullback (re test on this ema) in...
This script is a combination of several indicators and trading strategies. Let's break down each part: 1. MACD Indicator (My MACD Indicator – Nabil's Version): This calculates the Moving Average Convergence Divergence (MACD) using Heikin Ashi candles. It uses Exponential Moving Averages (EMA) to compute the fast and slow lengths and then calculates the MACD line,...
Introduction Legendary trader W.D. Gann illuminated the cyclical nature of financial markets, revealing their adherence to predictable patterns rooted in geometry, astronomy, and numerology. With his own trading results as evidence, Gweaklann showcased the efficacy of these principles in uncovering market dynamics, including breakouts, reversals, and crucial...
Flow of Trade | Supply & Demand Zones | Turtle Soup Reversal Pattern Detection (+) Built using Pine Script V5. Introduction The Flow of Trade indicator is a trading tool designed to leverage the principles of Supply and Demand, along with automatic “Turtle Soup” reversal pattern detection. This indicator is made for traders who aim to identify potential...
This indicator will simplify the price-action reading of any trader/investor by decluttering his/her charts from un-important & confusing candles to highlight the true momentum candles which are usually formed by institutional buying/selling . The indicator will be a good tool in the arsenal of the following styles of Trading/Investing Smart Money /...
Supply & Demand Zones (Order Block) Pro with DBD/RBR/RBD/DBR/FVG This indicator helps to identify large price moves driven by banks and institutions. It can be used for any asset type (FOREX, crypto, commodities, indices) and any timeframe. How to use this indicator Message me to gain access. I try to reply within 24 hours. Consider this as more of a...
The All Time High (ATH) Levels indicator displays a user-set amount of historical all-time high levels made on the user's chart, highlighting potential key price levels. Displayed levels can be filtered out based on their duration, as well as their relative distance from each other. The script also evaluates the role a level might have as a support or resistance...
This indicator was inspired by the concept of mean revision and is best to be used with that strategy in mind. True median takes the high and low within a determined length and finds the average between those two points and then plots an EMA for the median with an optional EMA for both the high and low. HOW TO USE: This indicator has a few uses it can be...
🔵 Introduction The "ICT" style is one of the subsets of "Price Action" technical analysis. ICT is a method created by "Michael Huddleston", a professional forex trader and experienced mentor. The acronym ICT stands for "Inner Circle Trader". The main objective of the ICT trading strategy is to combine "Price Action" and the concept of "Smart Money" to identify...
Introducing the Fair Value Gaps (FVG) Indicator by OmegaTools, a distinctive and analytical tool designed for TradingView. This script meticulously identifies and visualizes fair value gaps within the market, offering traders a nuanced understanding of potential price movement areas that are not immediately apparent through traditional analysis. Concept and...