What is an Order Block? An order block is a concept used in technical analysis, particularly in price action trading and supply and demand analysis. It refers to a significant area on a price chart where institutional traders, such as banks and hedge funds, have placed large orders. These blocks of orders often create strong support or resistance levels, as...
HH LL HL LH Marker The "HH LL HL LH Marker" is a versatile technical analysis tool designed to help traders identify and visualize key pivot points in price action. It highlights four types of pivot points: Higher High (HH), Lower Low (LL), Higher Low (HL), and Lower High (LH), aiding in spotting potential trend reversals or...
Elevate your trading strategy with the Swing Failure Zones and Signals indicator by AlgoAlpha! This powerful tool helps you identify potential swing failure zones, offering clear bullish and bearish signals to guide your trading decisions. 📈💡 🎨 Bullish/Bearish Color Customization : Easily set the colors for bullish and bearish signals to match your chart...
Bear & Bull Pivot Signal Indicator Overview: The Bear & Bull Multi Pivot Signal Indicator is a comprehensive trading tool designed to identify potential market reversal points and trend changes. This indicator combines multiple technical analysis strategies such as RSI, MACD, and pivot points to generate reliable signals. By overlapping these signals, the...
Definition The Concretum Bands indicator recreates the Upper and Lower Bound of the Noise Area described in the paper "Beat the Market: An Effective Intraday Momentum Strategy for S&P500 ETF (SPY)" published by Concretum founder Zarattini, along with Barbon and Aziz, in May 2024. Below we provide all the information required to understand how the indicator is...
The BB Magic indicator is a trend-following tool that operates similarly to the Trend Magic indicator but uses the upper and lower values of Bollinger Bands. It works by dynamically adjusting its reference point based on the price's relationship with the Bollinger Bands. Initially, the indicator uses the Bollinger Bands' lower value (BB Lower) as its reference....
The Advanced RSI Duration (ARSI) is a unique tool crafted to deepen your market insights by focusing on the duration the Relative Strength Index (RSI) spends above or below key thresholds. This innovative approach is designed to help traders anticipate potential market reversals by observing sustained overbought and oversold conditions. Core Feature ...
🟣 Introduction 🔵 Session Financial markets are divided into various time segments, each with its own characteristics and activity levels. These segments are called sessions, and they are active at different times of the day. The most important active sessions in financial markets are : 1. Asian Session 2. European Session 3. New York Session The timing of...
This indicator is focused on the Average Daily Range (ADR), with the goal of collecting data to show how often price reaches/closes through these levels, as well as a look at historical moves that reached ADR and at similar times of day to study how price moved for the remainder of the session. The ADR here (blue line) is calculated using the difference between a...
The "Volume Surge Analysis " indicator is designed to detect significant volume surges in the market. By analyzing volume relative to its moving average and incorporating a comparison of the true range of price movements, this script highlights potential bullish and bearish volume spikes. Traders can utilize these signals to identify moments of heightened market...
Market Slayer (i) This script is designed to provide insights into market trends and generate trading signals based on a combination of moving average crossovers and trend confirmation. It aims to assist traders in identifying potential entry and exit points in the market. Input Parameters: Trend Timeframe: Allows the user to specify the timeframe for trend...
The "Liquidity Swings " indicator is designed to help traders identify liquidity swings within the market. This tool is particularly useful for visualizing areas where liquidity is accumulating and where it is being swept, providing valuable insights for making informed trading decisions. By tracking the pivots in price and associating them with volume, the...
"Auto Gann KEYLVLS" indicator can be a valuable tool for traders, especially those who employ Gann theory in their analysis. Here are some ways to effectively use this indicator: Identifying Key Price Levels: Gann lines are known for their ability to identify key support and resistance levels. Use the plotted Gann lines to identify significant price levels where...
🌟 Introducing the Institutional Activity Index by AlgoAlpha 🌟 Welcome to a powerful new indicator designed to gauge institutional trading activity! This cutting-edge tool combines volume analysis with price movement to derive a unique index that shines a spotlight on potential institutional moves in the market. 🎯📈 Key Features: 🔍 Normalization Period :...
█ OVERVIEW This indicator calculates the Sharpe and Sortino ratios using a chart symbol's periodic price returns, offering insights into the symbol's risk-adjusted performance. It features the option to calculate these ratios by comparing the periodic returns to a fixed annual rate of return or the returns from another selected symbol's context. █ ...
Normalised T3 Oscillator The Normalised T3 Oscillator is an technical indicator designed to provide traders with a refined measure of market momentum by normalizing the T3 Moving Average. This tool was developed to enhance trading decisions by smoothing price data and reducing market noise, allowing for clearer trend recognition and potential signal generation....
The "Reversal Zones with Signals" indicator is an advanced technical analysis tool designed to help traders identify potential market reversal points. By integrating Relative Strength Index (RSI), moving averages, and swing high/low detection, this indicator provides traders with clear visual cues for potential buy and sell opportunities. Key Features and...
This indicator dynamically captures the highest and lowest points visible on the chart and calculates Gann Support and Resistance Levels. The inputs are detailed below. Why create this indicator? There is no other indicator with the same functionality on TradingView. These calculations are time-consuming; the speed at which this indicator calculates any...