This strategy aims to improve upon the performance of Traidngview's newly published "Trend Strength Index" indicator by incorporating the SuperTrend for better trade execution and risk management. Enjoy :) █ Introduction and How it is Different The "TSI with SuperTrend Decision - Strategy" combines the Trend Strength Index (TSI) with SuperTrend indicators to...
If you, like me, like to watch the market in real time for a long time, then this script will be useful to you. Stay tuned. A script that helps you navigate the current price and the latest highs and lows IMPORTANT: For the script to work correctly, you must enable "On every tick" in Preoperties. Throw it on any chart. On the right appears: white price -...
Inspired and based on ismailcarlik's Trend Lines, Supports and Resistances. Additions include an overall upgrade to Pinescript v5, changes in the way resistance and support levels are calculated, improved visual queues, and additional customization options. This indicator is meticulously crafted to provide traders with visual tools for identifying trend lines,...
█ OVERVIEW The Fibonacci Pivot Levels Indicator provides real-time insight into key price levels within the market that can serve as powerful support and resistance levels. These levels are based on currently-relevant price-action information as well as key Fibonacci ratios to ensure that the lines being drawn provide the most value to traders regardless of their...
The "ICT Balance Price Range " indicator identifies and visualizes potential balance price ranges (BPRs) on a price chart. These ranges are indicative of periods where the market exhibits balance between bullish and bearish forces, often preceding significant price movements. 🔶 What is Balanced Price Range (BPR) ? Balanced Price Range is a concept based on...
█ OVERVIEW The Pivot Levels Indicator provides real-time insight into key price levels within the market that can serve as powerful support and resistance levels. These levels are based on currently-relevant price-action information to ensure that the lines being drawn provide the most value to traders regardless of their trading style. The aim of this script is...
Calculate the relative proper price time dilation between two observers in special relativity. In summary, calculates how much time dilation occurs due to relative velocity between two observers according to special relativity principles. It is then applied in a trading context to visualize this effect on price action using a histogram plot. Disclaimer: It's...
Description: The Bollinger Bands Fast Trend Detector indicator is an advanced tool designed to provide traders with more precise trend detection and clearer entry and exit signals. This script builds upon the traditional Bollinger Bands indicator by adding customizable standard deviations and incorporating multiple moving averages to enhance the accuracy of the...
Hi all! This indicator plots trendlines. These lines are not plotted as traditional lines, but are instead zones. This is useful if you think that trend lines are more of an area of importance than a line. It does so by finding pivots and connecting two of them if they have not been broken (more about that later) in-between the pivots. These trend zones can be...
█ OVERVIEW The Psychological Levels Indicator provides real-time insight into key price levels within the market that can serve as powerful support and resistance levels. These levels are updated automatically in real time to display only the most relevant levels to the current price, facilitating your trading experience. The aim of this script is to simplify...
Non-realtime but highly accurate trend analyzer with only one fundamental parameter ( period aka "minimum trend length") Basically Hindsight Trend is pivot points on steroids (handles many cases much better). Plus it shows the trend line. Period I usually like periods of 10, 20 or 30. The indicator's delay is identical to the chosen period. You can...
The "Volume Breaker Blocks " indicator is designed to identify breaker blocks in the market based on volume and price action. It is a concept that emerges when an order block fails, leading to a change in market structure. It signifies a pivotal point where the market shifts direction, offering traders opportunities to enter trades based on anticipated trend...
Description: The ‘Equal Highs and Lows’ indicator is a technical analysis tool that marks identical price levels on a trading chart using the current time-frame, assisting traders in identifying potential support and resistance zones or liquidity draws. It creates a horizontal line connecting points where the price has created equal highs and lows within a...
I have developed a Pine Script indicator on TradingView designed to demonstrate how to automate execution for ten instruments. This example utilizes a straightforward, Simple Moving Average (SMA) indicator. You can use it as a template, but use your indicator. The indicator computes long/short signals based on the crossing of the SMA using the security...
█ OVERVIEW This Pine Script calculates a Stop Loss and Take Profit order suggestion based on the Average True Range (ATR). This provides a market generated visual reference for the user to better gauge risk and profit potential for their trades. This is not a trade signal system, it is a tool best used in conjunction with an existing system. ...
Description: This technical indicator, DeltaDetector PINESCRIPTLABS, is designed to identify significant changes in the price of an asset relative to the previous close. Users can customize the percentage change they want to monitor. Usage Instructions: Adjust the desired percentage change using the "Price Change Value (%)" user input. Observe the green diamonds...
🔵 Introduction "Smart Money" refers to funds under the control of institutional investors, central banks, funds, market makers, and other financial entities. Ordinary people recognize investments made by those who have a deep understanding of market performance and possess information typically inaccessible to regular investors as "Smart Money". Consequently,...
This TradingView indicator is designed to help traders visualize potential trade entries along with their corresponding stop-loss (SL) and take-profit (TP) levels. It offers a high degree of customization, allowing users to: Choose Entry Type: Select whether the anticipated trade is a Long or Short position. Set Entry Price: Specify the exact price level at...