█ This Indicator shows a wick-off check pattern applied to a moving average. This pattern appears when a candle opens below the moving average and closes above it, or when it opens above a moving average and closes below it. This causes a wick to go through the moving average: a wick-off check moving average. █ Usages: This indicator detects small...
Hello Traders, I would like to introduce you pivot semaphore mtf support&resistance levels. The idea is the same as my other S/R scripts to have a look at the important levels. The Semaphore is used to spot future multi-level Supports and Resistance zones. It is also useful to spot HL or LL or HH or LH zones. The script is based on amazing work of @LucF so...
This script utilises the RSI and EMA indicators to enter and close the trade. The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to evaluate overvalued or undervalued conditions in the price of that security. The RSI is displayed as an oscillator (a line...
This script modifies the PowerX strategy in the following ways: - there are two types of 'black' bars, yellow and black; the bars that are colored black indicate the flip of the RSI from positive to negative, and vise versa, while the signal is also near to green or red color; the close of these bars are a strong indication of support or resistance, and the...
The Indicator is a combination of different types of measurements to the Price Action. 1. Spread: The Spread is set to measure your Symbol to another chosen Market like Dollar as Contra . But you can switch also between different markets. 2. Accumulation/Distribution with True Range of High or Low including OpenInterest. This only works with Futures...
This all-in-one indicator displays real-time market structure (internal & swing BOS / CHoCH), order blocks, premium & discount zones, equal highs & lows, and much more...allowing traders to automatically mark up their charts with widely used price action methodologies. Following the release of our Fair Value Gap script, we received numerous requests from our...
This is an example snippet that should allow for adding a trailing stop and trailing stop activation to almost any script. You can use it by setting a trailing stop alone. This will provide you standard trailing stop functionality allowing you to lock in profits and increase your stop-loss as the price moves in your direction. You can also set the trailing stop...
Hello Guys! Nice to meet you all! This is my Second script after changing My Profile Name! I updated my strategy template before - I added some filter conditions (EMA, ADX, DMI). If there's something to update, I will update this script! Thank you! ----- I made this based on the open source strategies by jason5480, kevinmck100, myncrypto. Thank you All! ###...
Based upon SuperTrend+ , this variation measures the volatility in order to determine the range of the trend. Notes: Upward volatility is measured separately from downward. WMA is used for averaging to provide a recency bias. Changing time-frames should display similar results as the settings are based upon time and not bars.
Map - an indicator that shows the highest and lowest points on the price movement road. The calculation is based on the type of price data specified in the "Source" parameter and the length of the time interval specified in the "Length" parameter. The indicator helps to visually find a local trend and rebound points. Thanks for your attention!
Shows the Pearson correlation between two symbols, including statistical significance test. This is a fork of the original script by Balipour, with the addition of EMA that can be used instead of SMA in the Pearson correlation as an attempt to capture correlation trend changes more quickly, and conversion to pinescript v5. In the end, the EMA does not help much,...
We are added multi EMA for trend analysis . use only 1MIN and 5 MIN candle its only use for Indian market and intraday purpose .
ZigZag for Trend and Retracements - New way It's another way to plot ZigZag based on lookback period for trend and % of trend lookback period to plot retracements. █ OVERVIEW Plot ZigZag, Trend lines, Retracements, Support levels, Resistance levels █ Objective: Draw ZigZag lines along with unbroken support and resistance levels. ZigZag lines are drawn...
A simple script showing US reverse repurchase agreements and Federal Treasury balance values from FRED. This script should give a neat overview of how little faith there is in the markets from how much cash is parked in ORRPs. I made this a while ago as a private script so here it is as a public script. The indicator is locked to the 1 Day resolution.
█ OVERVIEW This simple script displays in the lower-right corner of the chart the Growth Rate and the Compound Annual Growth Rate (CAGR) between the open of the chart's first visible bar and the close of its last bar. As you zoom/scroll the chart, calculations will adjust to the chart's bars. You can change the location and colors of the displayed text in...
Calculate a sort of correlation between two symbols based only on the sign of their changes, regardless of the amplitude of price change. When positive, the two symbols tend to move together. When negative, the symbols move in opposite directions. Since there is no significance calculation, and that the result is binary, keep in mind that correlation will always...
Three trend indicators in one. Fork of Gunslinger2005 indicator, with a fix to display the nQQE oscillator correctly and clearly, and converted to pinescript v5 (allowing to set a different timeframe and gaps). How to use: Essentially, nQQE is a long term trend indicator which is more adequate in daily or weekly timeframe to indicate the current market cycle....