**DESIGNED FOR NQ/MNQ** This script provides an easy visualization of potential reversion zones to take trades back to the intraday midline. A common use would be to enter a position once price reached the outer yellow zones and retreats to either the red zone (for a short toward the midline) or a green zone (for a long back to the midline).
This is a free double top indicator with an alert that has many settings to customize your double top. From Wikipedia "The double top is a frequent price formation at the end of a bull market. It appears as two consecutive peaks of approximately the same price on a price-versus-time chart of a market. The two peaks are separated by a minimum in price, a valley....
Private Indicator Version Alpha The indicator is subject to changes. This indicator's goal is to help automatically find double top and double bottom patterns. Its core algorithm uses purely price action and does not use any kind of overbought/oversold oscilator. To be validated, a double top/bottom must be preceded by a simple top/bottom. ...
This is written as a system to replace the BB strategy. I think it will work well. It looks pretty stylish. Description / Usage: Adjust the length and multiplier based on your location with Bollinger Bands. The multiplier of 1 provides you with a basic channel with high and low-source EMA (or SMA). And with the 8-day exponential moving average, you can observe...
This channel is based on donchain with added trend immediate support and resistance. I hope you all like it.
Introduction The efficient trend-step indicator is a trend indicator that make use of the efficiency ratio in order to adapt to the market trend strength, this indicator originally aimed to remain static during ranging states while fitting the price only when large variations occur. The trend step indicator family unlike most moving averages has a boxy...
The Pro-Patterns strategy is designed to trade classic chart patterns. At present, it identifies the Ascending Triangle patterns and Weekly Inside Bars patterns and takes Long or Short entries, as the case may be. Ascending Triangle patterns: - The strategy identifies ascending triangle patterns ranging from 40 to 120 days. - BUY signals are generated on...
EXPERIMENTAL: Half way murrey's lines, gann square inspired auto drawn channel.
Double Envelope is an indicator that is created using two pairs of moving averages that determine the upper and lower levels of the price range. Envelopes are commonly used to help traders and investors identify extreme overbought and oversold conditions as well as trading ranges. We advise you to use the indicator on the daily timeframe, it is there that the...
================================================================== October 21 2019 - Easy Fibonacci Channels - by RootDuk ================================================================== Easy adaptable fibonacci channels. By changing the levels you can adapt the lines as needed. There's also global params to use for horizontal and vertical scaling....
Introduction Although many will use lines in order to make support and resistances, others might use curves, this is logical since trends are not always linear. Therefore it was also important to take this into consideration, and when i published the price-line channel indicator, i already started a curved version of it. Therefore i propose this new indicator...
Introduction Lines are the most widely used figures in technical analysis, this is due to the linear trends that some securities posses (daily log SP500 for example), support and resistances are also responsible for the uses of lines, basically linear support and resistances are made with the assumption that the line connecting two local maximas or minimas will...
Introduction Channels indicators are widely used in technical analysis, they provide lot of information. In general, technical indicators giving upper/lower extremities are calculated by adding/subtracting a volatility component to a central tendency estimator. This is the case with Bollinger bands, using the rolling standard deviation as volatility estimator...
Features: Select alternate resolution Select type of moving average Select custom multiplicator
This is my first public release of indicator code and my PSv4.0 version of "Linear Regression Channel", as it is more commonly known. It replicates TV's built-in "Linear Regression" without the distraction of heavy red/blue fill bleeding into other indicators. We can't fill() line.new() at this time in Pine Script anyways. I entitled it Linear Regression Trend...