I have turned this Strategy WaveTrend with Crosses in indicator into a strategy. Before following this trading technique you can test on which pair and on which timeframe it works. Automation is also possible, but risky. (Enters trading after candle closure) .Thank you for trying. I'm open to any new ideas and if there is a feature you want me to improve, please...
Hey everyone! This is a new indicator of mine. If you know me, you know I really like Z-Score and there are a lot of cool things that can be done with Z-Score, especially as it pertains to trading! This indicator uses Z-Score but in a different way from conventional Z-Score indicators (including mine). It uses Z-Score to plot out the current 1 year trend of a...
RSI/STOCH RSI/MFI/RCI + PI CYCLE BOTTOM/TOP (to confirm). Call bottoms and tops on Bitcoin Monthly Charts with ease. Also works for Altcoins with a lot of price history (monthly chart).
The Shark trend dots by trading Sharks plots green dots when a bullish trend begins and stop printing green dots when there is probability to see a trend change. It does the same with red dots for down trends. El Shark Trend muestra puntos verdes debajo de las velas para indicar una tendencia alcista y deja de imprimirlos cuando hay probabilidad que la tendencia...
RSI/STOCH RSI/MFI/RCI BUY and SELL alerts + PiCycle Top and Bottom confirmations
This Pine Script is designed for use with Renko charts on the TradingView platform and provides a visual strategy for entering and exiting trades based on the consistency of Renko block color changes, which represent price movement directions. Summary of the Script Functionality: User Inputs: numConsecutiveBlocks: The number of consecutive Renko blocks in the...
Sure, here's a breakdown of the provided Pine Script code for a TradingView indicator that identifies support and resistance levels: Version Declaration: //@version=4 specifies that the script is written in Pine Script version 4. Study Declaration: study("Support and Resistance", overlay=true) sets up the script as a study (indicator) in TradingView and overlays...
Indikator ini menggambarkan struktur pasar dengan melukis garis dari high ke low dan sebaliknya dari low ke high di antara candle stick. This indicator illustrates the market structure by painting a line from high to low candle stick and vice versa from low to high between candle sticks..
Importance: Identifying Key Price Levels: The indicator helps identify critical price levels such as all-time highs (ATH), all-time lows (ATL), 52-week highs (52WH), and 52-week lows (52WL). These levels often act as significant support or resistance areas. Candle Color Insights: By coloring candles based on their relationship to these key levels, traders can...
This Pine Script is a trading indicator that combines various technical analysis elements such as ATH (All-Time High) and ATL (All-Time Low), RSI (Relative Strength Index) with exponential smoothing, Supertrend and EMA (Exponential Moving Average) calculations. Let's break down the key components and functionalities of this script: ATH (All-Time High) and ATL...
The "Range Algo - Signals" is designed to aid traders by providing dynamic entry and exit signals based on market conditions. It utilizes multiple technical parameters such as Average True Range (ATR), Relative Strength Index (RSI), and volume analysis to optimize trading decisions. Features: Confidence Score: Allows users to adjust the sensitivity of the...
The Volume Profile with Node Detection is a charting tool that allows visualizing the distribution of traded volume across specific price levels and highlights significant volume nodes or clusters of volume nodes that traders may find relevant in utilizing in their trading strategies. 🔶 USAGE The volume profile component of the script serves as the...
Purpose: This custom TradingView indicator is designed to generate buy and sell signals while combining volume analysis, trend following, and volatility considerations. It aims to increase the reliability of signals and potentially reduce trades taken in choppy, ranging markets. Key Components: Volume Delta and Delta Volume: The script measures positive and...
█ OVERVIEW The Century Levels Indicator provides real-time insight into key price levels within the market that can serve as powerful support and resistance levels. These levels are updated automatically in real time to display only the most relevant levels to the current price, facilitating your trading experience. The aim of this script is to simplify the...
Usage This script is designed for use during market hours but is particularly useful in the last trading hour—a period known for increased volatility and volume as traders close positions and make final decisions for the day. Trend Analysis The histogram provides a quick visual reference for the market's direction based on USI:ADD and $VOLSPD. A predominance...
This indicator will place long (buy) and short (sell) orders using the Ichimoku Tenkan Kijun Cross strategy. When in a trade position, it will create take profit levels using Fibonacci against the highest high or lowest low of the past 2 days. You can define your own level and set your own stop loss just in case. Senkou Span will act as your main bias. if the...
🌟📈 Introducing the Smart Money Liquidity Heatmap by AlgoAlpha! 🗺️🚀 Dive into the depths of market liquidity with our innovative Pine Script™ indicator designed to illuminate the trading actions of smart money! This meticulously crafted tool provides an enhanced visualization of liquidity flow, highlighting the dynamics between smart and retail investors directly...
This indicator is designed to provide a valuation perspective based on a specified length and deviations from a base value. This code calculates fair value levels relative to a chosen source (typically closing prices) using simple moving averages (SMA) or exponential moving averages (EMA). Please note that this is purely educational and should not be considered...