The Smoothed Vortex Indicator (SVI) is an enhanced version of the original Vortex Indicator (VI), designed to provide traders with a more refined and smoother representation of trend strength and potential reversals in financial markets. While both indicators share the same concept of measuring directional movement and true range, the SVI incorporates the Hull...
Pullback Analyzer - a trailing stop helper. This indicator measures the biggest pullback encountered during an up or down move. You can use the reported percentages to fine-tune your trailing stop. The reporting is very precise: On higher timeframes, the pullback size can sometimes not be determined exactly from the candles. In this case, the script displays a...
Price Change Rate (PCR) Description: The "Price Change Rate" (PCR) indicator is a customized tool designed to visualize the rate of price change over different periods. The PCR indicator plots three separate lines, each representing a distinct length of time. Each line represents the percentage change in price from the start of its designated...
This indicator shows entry and exit points for The Strat as well as potential setups. It also has full time frame continuity detection.
It's relatively easy to create a repainting system where you can detect consolidation but it can be pretty hard to detect breakouts while the consolidation is happening live. This experimental approach came to my mind after brainstorming a bit. What it does This indicator DOES NOT REPAINT and try to show consolidation zones by coloring the bars or background...
The Daily Range Support & Resistance Levels is an advanced analytical tool designed to assess daily price movements and provide potential support and resistance levels. This tool examines the average daily price fluctuations over the past 150 trading days, and creates support and resistance levels based on the opening price. The indicator also considers a...
This is an indicator that refers to and normalizes ETFs for each sector in Japan. For normalization, you can choose from three types: DEMA, Z-Score, and MinMax.
The field of technical analysis is consistently expanding, with numerous indicators used for market forecasting. Amongst them, a novel indicator dubbed the Adaptive Price Channel (log scale), inspired by the renowned Nadaraya-Watson Envelope (LuxAlgo) from LuxAlgo, is gaining traction for its distinctive features and versatility. Unlike its predecessor, the...
Title: Major and Minor Trend Indicator by Nikhil34a V 2.2 Description: The Major and Minor Trend Indicator v2.2 is a comprehensive technical analysis script designed for use with the TradingView platform. This powerful tool is developed in Pine Script version 5 and helps traders identify potential buying and selling opportunities in the stock...
I wanted to fill a void in the Tradingview FREE indicators. I have searched far and wide on a moving average alert with ATR based take profits and stop loss. I have attempted a rudimentary version of what I hope to improve upon in the future. Will try and add different moving average options such as simple, hull, RMA, JMA, SSL, WMA, etc. For now, a basic EMA with...
Hi all! I've made this script to help with my laziness (and to help me (and now you) with efficiency). It's purpose is to, without having to change the chart timeframe, being able to view the lower timeframe bars (and trend) within the last chart bar. The defaults are just my settings (It's based on daily bars), so feel free to change them and maybe share yours!...
English: **Description of "Swing Action Price" TradingView Script** "Swing Action Price" is a custom technical indicator designed to identify swing highs and swing lows in a financial market. The script calculates and plots various lines on the chart to visualize these swing points. Swing highs are points where the price has made a local peak, while swing lows...
This is a simple transformation of any price series (best suited to daily timeframe) that filters out random price fluctuations and revealing the "real" price action. It allows comparison between different assets easily and is a useful confirmation of support and resistance levels, or can be used with other technical analysis. In the default settings based on a...
This indicator is designed to increase the quality of your backtesting in the Indian Market. NSE & BSE run from 9:15 am IST to 3:30 pm IST. Naturally different times have different kinds of volatility. On your chart you will find premarked - Saffron - 9:15 am to 10:30 am - Opening Session - High Volatility Observed Historically White - 10:35 am to 2:25 pm -...
The Liquidity Voids (FVG) indicator is designed to detect liquidity voids/imbalances derived from the fair value gaps and highlight the distribution of the liquidity voids at specific price levels. Fair value gaps and liquidity voids are both indicators of sell-side and buy-side imbalance in trading. The only difference is how they are represented in the trading...
The Murrey Math lines are created by dividing the range between the high and low of the monthly timeframe prices into equal parts based on the division factor from 2 to 12. No matter which timeframe you will use, because the calculations based on the most high and low price values. Better to use > monthly timeframe for faster calculations. These lines serve as...
This appealing little tool is a derivation of the CCI indicator and was developed in 2023 by Mario Jemic for MT4. It has additional settings that the conventional CCI indicator does not have. Furthermore, it is combined with moving averages to create signals. This is lines crossing confirmation type indicator. Look for the orange line to cross the moving average...
The Retest Support Resistance Signals Indicator is a powerful tool designed to assist traders in identifying key support and resistance levels within the market. Most importantly and uniquely it identifies retests of these structures and displays them on the trader's chart. By utilizing a combination of pivot points and price action analysis, this indicator offers...