/!\ To make it work well use -> pin at new right scale
This script displays the comparison with BTCUSDT
it permits to see if an asset is gaining value against BTC, and fastly scan USDT asset to determine if they are bullish
It works for ANY asset, as it's dividing it's price by the BTCUSDT one
A simple indicator that uses Pivot Points as a filter and to generate a Directional Bias .
How to use this indicator?
1. Directional Bias
Bullish => Closing Price > Pivot Point
Bearish => Closing Price < Pivot Point
2. Support / Resistance
Each Pivot Points can be used as Support or Resistance
3. Take Profit Targets
Each Pivot...
AMEX:SPY
The Naked Bar Upward Reversal is a three bar candlestick pattern with an inside candle as a entry point. This pattern is bullish since it has a candle closing red from the previous candle; the most bearish pattern possible. The following inside candle is a reversal of its previous candle with an open above the previous candle's close. Look to buy the...
Trading is all about finding reactionary levels from where we assume prices will take a certain direction. And from that assumption, we initiate either a long (Buy) position or a short (Sell) position. Many techniques can be used to find support and resistance levels such as pivot points, Fibonacci retracements, and graphical levels. However, these techniques are...
Thank you to Karl S who coded my idea. Below are the trigger conditions. Testing would be welcomed. I have not looked at the effectivity on higher or lower timeframes. Feedback highly appreciated.
A 3-tiered alert/notification system:
Level 1 Alert (Pop-up notification "Level 1 Bullish Alert" or "Level 1 Bearish Alert"
1. Determine bullish or bearish trend...
Price could shows you dynamic support resistance levels. It also displays two bands (ie clouds) that show you where the trend is. If the price hits the bottom of the high band thats a buy and if it hits the top of the high band its a sell. During times of volatility the price can break support but you will find that the opposite band will work as the next level. I...
4 Stochastic indicator into 1.
Different lengths produce short-term and long-term indicators that can help with finding the trend and impulses within the trend.
It can also find reversal points when all 4 are at the extreme at the same time. Ex. All 4 Stoch are above 90 or under 10 !! This could signal a bottom or top is soon to happen. (This is not always true...
The Bollinger Band Gradient Indicator uses plenty of Bollinger Bands to create a gradient-looking indicator to help with layered entries . It is similar to a Ribbon but better. This indicator is best used with any volume-related indicator so you can recede from entering into any position with too much momentum to rebound off of any line. Note that this indicator...
This script plots 2 lines which are the 2013 and 2016 bull run. The plots are aligned on their mid cycles to the 2021 mid cycle.
Settings:
You can move the plots on the x and y axis in the settings for the Daily, Weekly and Monthly TFs.
The plot is weird on the Monthly TF, best to use the Daily and Weekly.
If it doesn't load at first you have to zoom out fully...
The UFX Buy Patern Must Consist of: \nRed - Blue - Green Bar \nor \nRed - Blue - Blue - Green Bar \nafter a decline in price action.
This indicator also shows Bullish Engulfing Pattern.
This indicator was intended as educational purpose only for Harmonic Patterns using XABCD Pattern Tool.
Gartley and Butterfly patterns were ideal patterns explained from The Harmonic Trader written by Scott M Carney.
Some values are further updated later in Harmonic Trading: Volume Three, also by Scott M Carney.
The Harmonic Trader book was also known as Harmonic...
The percentage price oscillator (PPO) is a technical momentum indicator.
It shows the relationship between the close of a candle and the highest/lowest point with a specific lenght in percentage terms.
Rules
The higher percentage on the values upwards, compared to those downwards, the higher the power of the bull trend.
The higher percentage on the values...
I created an algorithm to analyze overbought/oversold levels through the use of average gain/loss.
This method of measurement is utilizing the 20 period and 50 period moving averages.
Light Green: 20 Period Oversold
Dark Green: 50 Period Oversold
Green Dot: 20 and 50 Period Oversold
Light Red: 20 Period Overbought
Dark Red: 50 Period Overbought
Red Dot: 20 and...
Marubozus are an interesting candle pattern wherein the close and open of the candle are also the high / low points of the candle. In other words, a candle with no shadows or wicks.
How reliable are they, though? Probably not very reliable on their own. It may also depend on the size of the candle. You would probably want to incorporate this candle pattern with...
The Adaptive Laguerre is based on the Laguerre filter, described by John Ehlers in his paper “Time Warp – Without Space Travel”
forex-station.com
MAs obtained using a Laguerre filter tend to have much lower lag than MAs obtained from an SMA or EMA.
Use cases:
- Identify market regime (BULL vs BEAR)
- Smooth out a noisy signal (e.g. apply to RSI, prices, log...
Dear Followers,
today I'm glad to present you an indicator which is a mix of three indicators of mine: Trend Is Your Friend Series !
As you may easily understand from the name, this indicator incorporates all 3 Trend is You Friend indicators I made in past.
This way you can control all of them just with one indicator.
Of course this comes with some useful...
![BTCUSD: [BCT] Identify BULL / BEAR regimes - Laguerre Filter](https://s3.tradingview.com/s/s1WXUEyP_mid.png "[BCT] Identify BULL / BEAR regimes - Laguerre Filter")
![ETHUSDT: [astropark] Trend Is Your Friend SERIES [alarms]](https://s3.tradingview.com/f/fHyymHBn_mid.png "[astropark] Trend Is Your Friend SERIES [alarms]")
