Moving Averages Plot up to 12 moving averages and customize colors directly on the inputs tab. Select from any of one of eight (8) moving averages types from the drop-down menu including 'EMA', 'HMA', 'LINREG', 'SWMA', 'SINE', 'SMA', 'VWMA', and 'WMA'. Default 'SMA' for Plots 1 through 6, and default 'EMA' for plots 7 through 12. Use this indicator to...
This indicator helps finding patterns within market structure in a highly intuitive manner. It does this by painting a picture instead of presenting numerical values. It greatly reduces noise in trend/structure analysis. ----- HOW TO USE IT ----- 1) Zoom out of chart to get a clearer picture of overall color patterns. 2) Consider areas of intense reds and...
The "ATR Pivots" script is a technical analysis tool designed to help traders identify key levels of support and resistance on a chart. The indicator uses various metrics such as the Average True Range (ATR), Daily True Range ( DTR ), Daily True Range Percentage (DTR%), Average Daily Range (ADR), Previous Day High ( PDH ), and Previous Day Low ( PDL ) to provide a...
Style Made Easy with 175 Reversable light/dark themes Built on to of my theme engine, so any tools built with one will work with the other. getTheme(_input) Get a theme by name. (see lib for copy/paste list) Parameters: _input : string Name of Theme to use. apathy() Theme preset -> "Apathy" Returns: Theme object apprentice() Theme preset...
The "Signal Viewer" script is a debugging tool that can be used for the signal of a Signal Indicator script like the "Two MA Signal Indicator" or the "Template Signal Indicator". This script will visualize the signal based on the convention that was defined in the settings. Also, alerts will be produced based on this convention. It's useful to be used before you...
— Overview Fair value bands, like other band tools, depict dynamic points in price where price behaviour is normal or abnormal, i.e. trading at/around mean (price at fair value) or deviating from mean (price outside fair value). Unlike constantly readjusting standard deviation based bands, fair value bands are designed to be smooth and constant, based on typical...
Stochastic RSI Screener is built as an indicator and can be applied to any chart. It gives users the ability to choose 5 specific symbols to watch and then specify the required options to change the RSI and Stochastic settings in a way that fits their needs. This screener shows the values of (CURRENT PRICE, RSI, K-VALUE, D-VALUE) for each one of the specified...
Publishing my trading system script. It consist of several conditions to happen in order to open a trade. Work best on ES/MES 5 minute timeframe. I like to use it with this settings: - UTC -6 (don't tick Exchange Timezone) and rest as default To enter a trade, the following conditions must be met: Entry 1: the opening range (8:30AM - 9:15AM UTC-6) must be...
This script shows crypto market inflows/outflows by showing the USD stablecoin supplies, using data from glassnode.com : GLASSNODE:BUSD_SUPPLY GLASSNODE:USDT_SUPPLY GLASSNODE:USDC_SUPPLY Using a simple 20 EMA, the line will change color showing stablecoin inflow or outflow. Traders can consider stable coin inflows (green) as bullish for Bitcoin price,...
Library "theme_engine" Theme Builder and Structure for live generative themes init(_name) New theme object. Parameters: _name : (string) opptional name Returns: a VAR theme (holds it's vals when updated if not overwritten) globals(theme, _h1, _h2, _h3, _h4, _s, _val, _contrast) Create light/dark theme globals Parameters: theme :...
This indicator is used to automatically identify and plot two forms of liquidity that will be targeted by market makers. The first form of liquidity is based on multi-time fame highs and lows. It plots 1H, 4H, D, W, & M liquidity on an intraday chart to make it easier to identify. I believe hat liquidity is what drives the market and the most common form of this...
This strategy search for a moment whe the market make two candles are consistently strong, and open a Sell, searching the imediactly correction, on the new candle. It`s easy to see the bars on the histogram graph. Purple Bars represent the candle variation. when on candle cross ove the Signal line the graph plot an Yellow ci, if the second bar crossover the signal...
▮ Introduction The Rate of Change indicator (ROC) is a momentum oscillator. It was first introduced in the early 1970s by the American technical analyst Welles Wilder. It calculates the percentage change in price between periods. ROC takes the current price and compares it to a price 'n' periods (user defined) ago. The calculated value is then plotted and...
Library "MyLibrary" TODO: add library description here isHammer(fib, colorMatch) TODO: add function description here Parameters: fib colorMatch Returns: TODO: add what function returns
Saw TradePro's "NEW BEST HIGHEST PROFITING STRATEGY WITH CRAZY RESULTS - 2 EMA+ Stochastic RSI+ ATR", and was curious on the back testing results. This strategy is an attempt to recreate it. This strategy uses 50 / 200 EMAs, Stochastic RSI and ATR. Long Entry Criteria: - 50 EMA > 200 EMA - Price closes below 50 EMA - Stochastic RSI has gone into oversold <...
Presenting Squeeze Range: Bollinger Bands / Keltner Channels TTMSqueeze method is a volatility and momentum indicator introduced by John Carter of Simpler Trading, which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. How did I make this indicator? The Bollinger Bands & Keltner Channels base scripts are...
Library "eHarmonicpatternsLogScale" Library provides functions to scan harmonic patterns both or normal and log scale getSupportedPatterns() get_prz_range(x, a, b, c, patternArray, errorPercent, start_adj, end_adj, logScale) Provides PRZ range based on BCD and XAD ranges Parameters: x : X coordinate value a : A coordinate value b : B...
This library replaces the previous MetaWorldEngineFilterLibrary3. Library "E5TradingLibrary" GetCandleStickSize(_src_high, _src_low) returns size of the candle Parameters: _src_high _src_low Returns: candlestick size GetCandleStickBodySize(_src_open, _src_close) returns size of the candle body Parameters: _src_open ...