reversalpattern

cheatcountry מעודכן 

This original script was created based on a suggestion from @kerpiciwuasile. My original Reversal Points script was removed because I modeled it after an indicator by Demark, but this script will have no such issues. Reversal points are an exciting concept for me because it is such a useful tool when placing trades. This is my first attempt at a new overall layout...

Zeiierman

█ Overview The 2B reversal pattern , also called the "spring pattern", is a popular chart pattern professional traders use to identify potential trend reversals. It occurs when the price appears to be breaking down or up and then suddenly bounces back up/down, forming a "spring" or "false breakout" pattern. This pattern indicates that the trend is losing...

Zeiierman מעודכן 

█ Overview Bellcurves (Expo) indicator helps traders identify potential tops and bottoms, and gauge market impulses. It provides a clear view of the market by filtering out the noise and highlighting only the relevant information. This makes it easier for traders to identify potential market reversals and key support and resistance levels. With Bellcurves,...

Traders_Endeavors מעודכן 

Overview Introducing the Reversal Pivot indicator - a tool for identifying potential reversal points in price. This algorithm takes into account multiple factors, including price action, volume, and pivot points, to give you a clear and accurate picture of where the market is heading to. How it works The indicator gets expansions and the highs and lows and...

nnamdert מעודכן 

What is this Indicator used for? Made specifically for GRID Bots note: before continuing... this indicator works on any timeframe, but it WORKS BEST ON THE 15 MINUTE TIMEFRAME Straters and Forex Master Pattern Value Line Traders use this to help determine when the price could reverse. This indicator is a scalping indicator that produces signals when a...

fyntrade מעודכן 

The Ultimate Main Chart Indicator (UMCI) is a powerful tool for swing traders looking to enhance their analysis and decision-making process. This tool features a range of different indicators that are designed to get a good overview of the stock's health status. One of the key features of the UMCI is its ability to display candlesticks in the color of high...

Zeiierman

█ Overview The 1-2-3 pattern is the most basic and important formation in the market. Almost every great market move has started with this formation. That is why you must use this pattern to detect the next big trend. In fact, every trader has used the 1-2-3 formation to detect a trend change without realizing it. Our 1-2-3 Pattern (Expo) indicator helps...

Multi_TF_Tools מעודכן 

Multi Time Frame Tools Multi Time Frame Tools (MTFT) is a suite of scripts aimed to establish a standard timeframe-based color scheme. This can be utilized to overlay different timeframes calculations/values over a single timeframe. As one example, this would allow to observe the 5-month moving average, 5-week moving average, and 5-day moving average overlaid...

IamtheOctopuS מעודכן 

1️⃣2️⃣3️⃣ The $trat | by Octopu$ The $trat: The Strat by Octopu$ Absolute Solution for The Strat Traders! The Strat is a Strategy created by Rob Smith's and is well known by being an innovative trading system. Continues to grow in popularity as more traders discover this method. It is a simplified way to understand Price Action. It is based on three...

tartigradia

Plots the momentum acceleration oscillators from price and RSI, rescaled and with areas above/below highlighted. Usage: in a nutshell, when the background is yellow, it's bearish (RSI decelerates faster than price), whereas when the background is green, it's bullish (RSI accelerates faster than price). It appears to detect early some reversals that are otherwise...

NeoDaNomad מעודכן 

This library was designed to create three different datasets using Bill Williams fractals. The goal is to spot trends in reversal data and ultimately use these datasets to help predict future price reversals. First, the pivot() function is used to initialize and populate three separate arrays (high pivot , low pivot , all pivots ). Since each high/low price...

Honestcowboy מעודכן 

Disclaimer: Only use this pattern recognition on a RENKO chart. Renko charts plot different than traditional candles and therefore do not represent all price moves. There is a possibility of repainting while using ATR based renko charts so past results are not a 100% accurate representation of future results. Use this indicator as a part of your strategy and not...

Protervus מעודכן 

Hi Traders, and welcome to Smart Patterns. Patterns can be very profitable, yet hard to trade, even when combined with other indicators and techniques. This script aims to increase the accuracy of signals by adding a statistical approach to candle patterns, along with tools to filter them. For example, if the Success Rate is above a certain threshold, it means...

iitiantradingsage

This script highlights modified version of evening and morning star candlestick patterns. Volume has also been added in the script to create convergence of volume with price action. It is recommended to use these patterns for positional trading. It is advised to use Morning star at the bottom of the downtrend Evening star at the top of the uptrend Avoid...

astropark מעודכן 

Dear Followers, today I'm glad to present you my Swing Failure Pattern Analyzer indicator. As you know, the Swing Failure Pattern (SFP) is a very powerful candlestick pattern, because it highlights trend reversal points : if trend changes you want to know it, right? This indicators highlights for you both Tops and Bottoms , that may be just local or...

cheatcountry

The Convolution Indicator was created by John Ehlers (Cycle Analytics For Traders pgs 170-174) and this is version of an indicator to find potential reversal points. The idea behind this indicator is to use a variation of his AutoCorrelation Indicator that transforms the data using digital signal processing and as you can see it looks very similar to his ...

cheatcountry

This is a custom indicator of mine loosely based on the work by Steve J Godwin & Louisa C Schneider (Stocks and Commodities Feb 2021 pg 22) and this works pretty well at anticipating future price swings as the momentum falls. The idea I was going for was to introduce the idea of reversals in combination with a momentum indicator so you can better identify peaks...

Q3FLOW מעודכן 

QFLOW SUITE is a signal-based comprehensive trading suite for trading across all timeframes. It is designed to be a tool for discretionary traders and there are numerous ways to utilize this trading suite. INCLUDES : Buy / Sell Signals Candle Coloring Automatic Level Plotting Trend Following System Stop Loss Management System...