Key Components of the Indicator: Trend Determination Using ATR and Wilder's Moving Average: The core of the indicator utilizes an Average True Range (ATR)-based method to define trailing stop levels (both upper and lower), which helps in identifying the trend direction. The stop levels adjust based on the volatility measured by the ATR, which is smoothed using...
This indicator is a moving support and resistance indicator that follows price action. When used according to its rules, it can yield a high success rate. Based on my experience with this indicator, I have established certain rules: - To use this indicator effectively, support and resistance lines should exhibit a horizontal trajectory, and the longer the line...
I have customized and simplified this indicator so beginners can understand the inputs and the results.
The supply and demand for the visible range on the chart by LuxAlgo combined with the VWAP that is included with TradingView.
This script is a combination of UT, Hull moving average , ORB of 10:10 candle and EMA.
it's only vwap without any additional lines or any other indicators, for those who need only this thing
The "SVMKR_VIX_Based_Levels" script is a Pine Script indicator designed to assist intraday traders in identifying dynamic support and resistance levels based on the Volatility Index (VIX). Here's a breakdown of the script and its uses for intraday traders: ### Script Description: 1. **Data Retrieval**: - The script fetches daily closing prices of the India VIX...
The Nested Candle Highlighter identifies when the current candle's body is completely enclosed by the previous candle's wick zones. It examines the upper wick zone, from the previous high to the open or close, and the lower wick zone, from the low up to the open or close. This focused analysis can signal consolidation and potential shifts in momentum, offering an...
The Squeeze Momentum Indicator (SMI) is designed to identify periods of low volatility, known as squeezes, followed by high momentum moves. It consists of three main components: the basis line, upper band, and lower band. During a squeeze, the price typically consolidates within a narrow range, causing the bands to converge. When the price breaks out of this...
This indicator aims to identify price levels where price action has quickly reversed from. These "pivots" establish major levels where major liquidity is located. Unlike standard support and resistance levels, when price breaks below or above a pivot, these pivots disappear from the chart. Comes with various customization features built to fit all. Features ...
Markets range about 70% of the time. Identifying these ranges will improve your trading decisions. This indicator gives an objective view of market structure allowing you identify the possible start of a trend and also an appropriate area to place your stop loss. The indicator plots three lines on the chart : -The bullish line in green -The bearish line in...
Credit for the original script goes to: I've tweaked the original script to add dates through 2024 and 2025 Main focus was on Vix expirations. Opex Monthly and Quarterly expirations are included. Please see notes within the script for specific notes regarding time stamps.
This indicator highlights Engulfing candle patterns on Candlestick or bar charts. Enjoy!!!
Created a version of William O'Neil's Relative Strength (RS) Rating This is one of the most popular ways to see the market’s top performers. The Relative Strength Rating is the result of calculating a stock’s percentage price change over the last 12 months. A 40% weight is assigned to the latest three-month period; the remaining three quarters each receive 20%...
Our Century Levels Indicator provides unique insight into key price-action 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, facilitating your trading experience. The Century Levels are automatically generated purely from price-action;...
Indicador basado en 8 indicadores - RSI - MACD - ADX - EMAs (35, 50, 200) - Dos Cruces de EMAs Con señal parametrizable y con opciones de pintado de velas para resaltar tendencia de compra y venta.
A simple script that highlights candles that occur on Mondays. Useful for drawing out Monday ranges or for simple range analysis.
MC B's Money Flow made by Simon. Represents the macro trend depending on the chosen timeframe.