🔵 Introduction The Swing Failure Pattern (SFP), also referred to as a "Fake Breakout" or "False Breakout," is a vital concept in technical analysis. This pattern is derived from classic technical analysis, price action strategies, ICT concepts, and Smart Money Concepts. It’s frequently utilized by traders to identify potential trend reversals in financial...
🔵 Introduction The Bat Harmonic Pattern, created by Scott Carney in the 1990s, is a sophisticated tool in technical analysis, used to identify potential reversal points in price movements by leveraging Fibonacci ratios. This pattern is classified into two primary types: the Bullish Bat Pattern, which signals the end of a downtrend and the beginning of an...
Heikin Ashi & Swing Highs/Lows Indicator Description: The "Heikin Ashi & Swing Highs/Lows" indicator combines Heikin Ashi candle analysis with the identification of significant swing highs and lows on the chart. This indicator is useful for traders looking to spot trend changes and key points in the market. Key Features: Heikin Ashi: Calculation and...
🔵 Introduction The Shark harmonic pattern, first introduced by Scott Carney in 2011, is a recognized tool in technical analysis. Since its inception, it has been widely adopted by traders as an essential market analysis tool. Due to its complexity, the Shark pattern can be challenging for novice traders. Therefore, we have developed the Harmonic Pattern...
Fibonacci-Only Strategy This script is a custom trading strategy designed for traders who leverage Fibonacci retracement levels to identify potential trade entries and exits. The strategy is versatile, allowing users to trade across multiple timeframes, with built-in options for dynamic stop loss, trailing stops, and take profit levels. Key Features: Custom...
Moving Average Crossover Swing Strategy **Overview:** The basic concept of this strategy is to generate a signal when a faster/shorter length moving average crosses over (for Longs) or crosses under (for Shorts) a medium/longer length moving average. All of which are customizable. This strategy can work on any timeframe, however the daily is the timeframe used...
The Pure Price Action Structures indicator is a pure price action analysis tool designed to automatically identify real-time market structures. The indicator identifies short-term, intermediate-term, and long-term swing highs and lows, forming the foundation for real-time detection of shifts and breaks in market structure. Its distinctive/unique feature...
The Breakouts Tests & Retests indicator highlights tests and retests of levels constructed from detected swing points. A swing area of interest switches colors when a breakout occurs. Users can control the sensitivity of the swing point detection and the width of the swing areas. 🔶 USAGE When a Swing point is detected, an area of interest is drawn,...
The Higher Timeframe High & Low Indicator plots key levels (high, low, and average price) from a higher timeframe onto the current chart, aiding traders in identifying significant support and resistance zones. The indicator also detects and labels breakout points and can display trend directions based on these higher timeframe levels breakout points. Key...
This indicator adjusts and enhances the normal 3-fractal swing. The author of this definition, uncle_travis, takes into account swings with the absorption of 3 candles and uses them as structure points.
This is yet another ZigZag library. 🔵 Key Features 1. Lightning-Fast Performance : Optimized code ensures minimal lag and swift chart updates. 2. Real-Time Swing Detection : No more waiting for swings to finalize! This library continuously identifies the latest swing formation. 3. Amplitude-Aware : Discover significant swings earlier, even if they haven't...
🔶 Description: The Swing Failure Pattern (SFP)o aims to identify potential reversal points in price action by detecting instances where price attempts to break past a previous high or low but fails to sustain that momentum, often indicating a shift in market sentiment. 🔶 Key Features: Swing Failure Pattern Identification: The indicator identifies Swing...
The Liquidity Sweeps indicator detects the presence of liquidity sweeps on the user's chart, while also providing potential areas of support/resistance or entry when Liquidity levels are taken. In the event of a Liquidity Sweep a Sweep Area is created which may provide further areas of interest. 🔶 USAGE A Liquidity Sweep occurs when the price breaks...
This indicator is designed to test the smallest swing draw using the swing capture concept of the Pivot Points High Low indicator, setting the length to 1 for all periods, and combining it with price action that I think makes sense. Example of a valid swing high. Example of a valid swing low.
The "3kilos BTC 15m" is a comprehensive trading strategy designed to work on a 15-minute timeframe for Bitcoin (BTC) or other cryptocurrencies. This strategy combines multiple indicators, including Triple Exponential Moving Averages (TEMA), Average True Range (ATR), and Heikin-Ashi candlesticks, to generate buy and sell signals. It also incorporates risk...
Swing Ranges is an indicator designed to provide traders with valuable insights into swing movements and real-time support and resistance (SR) levels. This tool detects price swings and plots boxes around them, allowing traders to visualize the market dynamics efficiently. The indicator's primary focus is on real-time support and resistance levels, empowering...
This script consists of several sections. test it and tell me your concerns. a lot of more works will be done Volume Accumulation : The first part of the script checks for a new 5-minute interval and accumulates the volume of the current interval. It separates the volume into buying volume and selling volume based on whether the closing price is closer to the...
The Wave Trend indicator is based on the Mason’s Line Indicator. This indicator is a sentiment analysis tool designed to help traders understand and analyze market trends. It works by calculating the average investor satisfaction of a group of investors. The results are displayed as colored squares at the bottom of the chart. For more information, read the...