The "Range H/L Buy and Sell Signal" indicator is designed to identify potential buy and sell signals based on a specified price range and market volatility. This indicator can be used in the TradingView platform to assist traders in making informed decisions. The indicator allows customization of several parameters to adapt to different trading strategies. These...
Overnight Session & Silver Bullet indicator The indicator can be divided into two separate stuff: ONS ( Overnight Session ) based on TCM’s ( TheCurrencyMerchant ) theory and Silver Bullet based on what ICT ( InnerCircleTrader ) is teaching to us. Overnight Session • ONS will be always based on Chicago 4am to 8am time according to TCM’s CME teaching. The...
Library "lib_log" library for logging and debugging pine scripts method init(this) Namespace types: Logger Parameters: this (Logger) method debug(this, message, condition) Namespace types: Logger Parameters: this (Logger) : Logger to add the entry to message (string) : The Message to add condition (bool) : optional flag to...
Random Signals Indicator generates random long and short signals on the chart. Please note that these signals are purely random and should not be used for actual trading decisions. The indicator allows you to set the minimum number of bars between signals and adjust the sensitivity of the random generation. Use this indicator for educational or testing purposes...
█ Overview The Relative Trend Index (RTI) developed by Zeiierman is an innovative technical analysis tool designed to measure the strength and direction of the market trend. Unlike some traditional indicators, the RTI boasts a distinctive ability to adapt and respond to market volatility, while still minimizing the effects of minor, short-term market...
The NGL - Bar Patterns Indicator is a user-friendly and intuitive tool designed for traders of all experience levels. It brings to the fore a unique approach to visualizing the price trends and identifying potential market zones. This indicator paints the bars on your chart in a variety of colors, representing different price zones. The changing colors offer an...
META currently has a strong bullish trend and is the distance from its yearly average too. But, how much META is distant from the mean? With this indicator, you can see an absolute value useful to determine support and resistance when the price is so far. In this example, applied to the daily chart, currently, META is distant 3 standard deviations that could be...
The Vortex Indicator may seem complex, but it is essentially composed of an uptrend line and a downtrend line. It can be used to track trend strength, anticipate reversals, and generate entry and exit signals. The calculation for the indicator is provided in the open-source code below. To minimize false signals produced by the indicator, we incorporated an...
The "Fibonacci Trend Zone" indicator is a supplementary tool that helps identify the current trend based on Fibonacci zones. It utilizes Fibonacci levels (0.62, 0.705, and 0.79) to define long-term trend zones. The green zone indicates potential long trades, while the red zone suggests potential short trades. The indicator also includes the Triple Exponential...
This script uses higher timeframe candle's High, Low & Close as a source for drawing a line representing potential Supports and Resistances. The more lines you see on a level, probably the more important that level is. The script has a single input for setting the source candle's timeframe, so it can be used on any timeframe with the proper settings. For example,...
If you like Ichimoku cloud and use it in your analysis, or you are new to it and sometimes gets tricky to figure out all the details, this indicator tries to simplify that and visualize the change of trend and momentum relative to the past based on ichimoku. The RED/GREEN columns are showing momentum strength while the black diamond line suggests the trend...
If you use volume in your crypto analysis, you may have encountered the situation which an exchange's policy change can affect your judgement falsely. For example, you can see the huge difference of volume on the given chart since binance transferred its fee discount from USDT to TUSD pair. This script sums up volume of all major centralized exchanges ( according...
OVERVIEW This script plots, and auto-updates, 3 separate VWAPs: a traditional VWAP, a VWAP anchored to a trends high, and another anchored to a trends low. VWAP and Anchored VWAPs are commonly used by institutions responsible for the majority of market volume on a given day. Citadel Trading, for example, accounts for approximately 35% of all U.S. listed retail...
👉Hello Trader . - This is the Kumo cloud trendline indicator (taken from the indicator) in my "trendline analysis" series. - On the chart of this indicator, there is only 1 pair of trendlines that are closest to the clouds: 1 uptrend line and 1 downtrend line. - Actually in the process of trading with the trendline of the price I see the price undulating and...
The "Trendilo LSMA Example" indicator is a technical analysis tool that combines two moving averages, the Linear Regression Moving Average (LSMA) and the Hull Moving Average (HMA), to provide insights into market trends. The indicator plots a line on the price chart, which represents the combined values of the LSMA and HMA. This line changes color based on the...
A compass to the financial charts. The Volfgang WAVE Indicator helps you to decode complex market trends and make informed decisions in your trading. Quick Summary The WAVE has a signal line which alternates between Red or Blue. Red is bearish and Blue is bullish. It turns Blue when the WAVE line crosses above the signal and holds for 1 bar. it turns Red...
Breadth indicator showing % stocks above various moving averages. Histogram is positive (blue) when % stocks above selected MA is greater than 50%. Histogram is negative (red) when % of stocks above selected MA is less than 50%. Data manipulation causes the actual % value in y-axis to be incorrect but enhances visualization. Actual %'s are simply the displayed...
Trend Channels This simple trading indicator is designed to quickly identify and visualize support and resistance channels in any market. The primary purpose of the Trend Channels with Liquidity Breaks indicator is to recognize and visualize the dominant trend in a more intuitive and user-friendly manner. Main Features Automatically identifies and plots...