The "Multi Timeframe RSI Buy/Sell Strategy" is a trading strategy that utilizes Relative Strength Index (RSI) indicators from multiple timeframes to provide buy and sell signals. This strategy allows for extensive customization, supporting up to three distinct RSIs, each configurable with its own timeframe, length, and data source. HOW DOES IT WORK This...
The Monte Carlo Shuffled Projection tool randomly simulates future price points based on historical bar movements made within a user-selected window. The tool shows potential paths price might take in the future, as well as highlighting potential support/resistance levels. Note that simulations and their resulting elements are subject to slight changes over...
Volume Bull/Bear Activity Summary This indicator generates a summary of bull/bear activity for 20 symbols. For each symbol, two bars are displayed, colored green and red. The green bar indicates bull volume, reflecting activity within the last candle of the symbol. The red bar signifies bear volume within the real-time bar, continuously updated. ...
🟣Introduction Understanding market structure involves analyzing market behavior. In other words, market structure encompasses how the market forms and evolves within trends. Market structures are typically fractal and nested, so we categorize them into internal (minor) and external (major) structures. There are various definitions of market structure, with...
🚀 Unleash your charting capabilities with the Candlestick Reversal and Trend Signals indicator by AlgoAlpha, your go-to tool for spotting pivotal market movements! This script enhances your trading experience by identifying key candlestick patterns and trend changes, perfect for traders aiming for precision in their technical analysis. 🛠 Key Features: - 🔄 ...
The "Kalman Volume Filter" , aims to provide insights into market volume dynamics by filtering out noise and identifying potential overbought or oversold conditions. Let's break down its components and functionality: Settings: Users can adjust various parameters to customize the indicator according to their preferences: Volume Length: Defines the length of...
The "Triple EMA + QQE Trend Following Strategy" harnesses the power of two sophisticated technical indicators, the Triple Exponential Moving Average (TEMA) and the Qualitative Quantitative Estimation (QQE), to generate precise buy and sell signals. This strategy excels in capturing shifts in trends by identifying short-term price momentum and dynamic overbought or...
Flags with Measured Moves is a technical analysis tool that identifies bull flags and provides a measured move target. A bull flag is a continuation pattern that occurs within the context of a general uptrend. It represents a pause or small consolidation before the price resumes its upward movement. A bull flag consists of two sections: the flagpole and the...
The WaveTrend based on “Enhanced WaveTrend” of EliCobra. The WaveTrend Oscillator is a popular technical analysis tool used to identify overbought and oversold conditions in the market and generate trading signals. This indicator introduces additional features for improved analysis and comparison across assets. WaveTrend: The original WaveTrend indicator...
🚀🔗 Donchian Trend Ranges 🔗🚀 Elevate your trading game with the Donchian Trend Ranges indicator from AlgoAlpha! 🌟📈 This advanced tool helps you visualize market trends and potential reversal points using Donchian channels, volatility measures, and average true range (ATR). Key Features ⚙️ Customizable Parameters: Adjust the lookback period and range...
🔵 Introduction The ICT (Inner Circle Trader) style of trading involves analyzing the behavior of market participants and market makers to identify areas where fake buy and sell activities occur. This trading style helps retail traders align with market maker behavior and avoid falling into market traps. A key aspect of the ICT strategy is focusing on liquidity...
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...
Introducing Turbo Oscillator by RunRox, our new indicator that combines a multitude of useful and unique features, which we will detail in this post. List of Advanced Technologies: Real-Time Divergences: Detects discrepancies between price movements and oscillator indicators to forecast potential price reversals. Real-Time Hidden Divergences: We identify...
Fourier Adjusted Average True Range 1. Conceptual Foundation and Innovation The FA-ATR leverages the principles of Fourier analysis to dissect market prices into their constituent cyclical components. By applying Fourier Transform to the price data, the FA-ATR captures the dominant cycles and trends which are often obscured in noisy market data. This...
Market Cipher B by WeloTrades: Detailed Script Description //Overview// "Market Cipher B by WeloTrades" is an advanced trading tool that combines multiple technical indicators to provide a comprehensive market analysis framework. By integrating WaveTrend, RSI, and MoneyFlow indicators, this script helps traders to better identify market trends, potential...
The ICT Immediate Rebalance aims at detecting and highlighting immediate rebalances, a concept taught by Inner Circle Trader. The ICT Immediate Rebalance, although frequently overlooked, emerges as one of ICT's most influential concepts, particularly when considered within a specific context. 🔶 USAGE Immediate rebalances, a concept taught by ICT, hold...
🌟📊 Introducing the Net Buying/Selling Flows Toolkit by AlgoAlpha 📈🚀 🔍 Explore the intricate dynamics of market movements with the Net Buying/Selling Flows Toolkit designed for precision and effectiveness in visualizing money inflows and outflows and their impact on asset prices. 🔀 Multiple Display Modes : Choose from "Flow Comparison", "Net Flow", or...
The CPR indicator, or Central Pivot Range indicator, is a technical analysis tool used in trading to identify potential support and resistance levels based on the price action of a security. Developed by pivot point theory, it is particularly popular among day traders and swing traders. The CPR indicator consists of three lines: 1. **Pivot Point (PP):** This is...