RSI Typical RSI indicators were plotted with candles and expressed wick to resemble a candle chart, and linear regression was added to predict changes in force intensity, which allowed us to confirm support and resistance within linear regression . In addition, divergence signal was marked as an additional basis for the price fluctuation point due to support...
This is a LONG ONLY strategy for 4h timeframe of any Cryptocurrency/USD pairs. The strategy opens only 1 position at a time with the following conditions. Open Long Position when: 1. Closed price above cloud AND 2. Green cloud ahead AND 3. Conversion line above Baseline AND 4. Lagging span above cloud and price action AND Close trade when: 1. Lagging span gets...
Using one indicator as the core for another one to improve certain aspects while offering an alternative user interaction can be very interesting in technical analysis. This indicator is a modification of the popular Ichimoku indicator using the equally popular Supertrend indicator as its core, thus no longer entirely relying on calculations done over a fixed...
Ichimoku Kinko Hyo (IKH) (Japanese一目均衡表, Ichimoku Kinkō Hyō), usually shortened to "Ichimoku", is a technical analysis method that builds on candlestick charting to improve the accuracy of forecast price moves. - From Wikipedia, the free encyclopedia This indicator is enhanced with the following helpful features: Tenkan-sen, Kijun-sen, Senkou Span A and...
Hi alls, this indicator is based on Ichimoku indicator and improve the basic indicator Tenkan/Kijun Higher Time Frame extending up to 7 higher time frames (instead of 5) and plotting also Senkou Span A and Senkou Span B in each of highet time frames. It aids traders Trend Following to have in a look Tenkan sen and Kijun sen of 7 Higher Time Frame on your...
Hi alls, this indicator is based on Ichimoku indicator. It aids traders Trend Following to have in a look Tenkan sen and Kijun sen of 5 Higher Time Frame on your chart. Everyone can choose its Time Frame preferred and change Time frames set for default. Tipically on chart 1M, 3 M, 5M, 5M and 30M (or lowers...) are useful to visualize on the chart Tenkan sen and...
This Indicator enhances functionality of Chikou-Span from Ichimoku Cloud using a simple trend filter. Methodology Chikou is basically close value of ticker offset to close and it is a good for indicating if close value has crossed potential Support/Resistance zone from past. Chikou is usually used with 26 period. Chikou filter uses a lookback length...
We all need help staying in trades as long as possible, buckling down through those pesky pullback and consolidation periods, and this script really helps you gain some better insight! The TREND GUARD indicator is great for keeping you in trending trades through pullbacks and short consolidations. It is a STOP INDICATOR and helps you with your exits. It can...
MarketReader_Strategy is a very useful and advanced indicator: - It draws buying (green) and selling (orange) zone . -Once the buying or selling zone is tapped, the color is automatically changed to grey -It shows liquidity pool ($$$) engineered by market behaviour Buying or selling area are determined by an algorithm that combines volume profile,...
An alternative way to look at the Ichimoku Cloud with various modes: Distance to Center: the various lines of the Ichimoku system are displayed as the distance to the center of the cloud in percentage terms. 0 is the center of the cloud. Distance to Edge: lines are displayed as the distance to the closest edge of the cloud in percentage terms. values inside...
This script shows Ichimoku values in a different manner. While studying Ichimoku one thing stuck out to me and that is that the Kijun-Sen line is considered to be the equilibrium of the market, it acts like a magnet and price always returns to it. Taking this into account I made a script that plots the distance from equilibrium as an oscillator. With that value...
The goal of this strategy script is to provide the ultimate experience to anyone interested in the Ichimoku Kinkō Hyō (Ichimoku Cloud). The script is designed to be highly customizable and allows the user to set a custom trade date range and select any combination of inputs and conditions that satisfy their goals. Additionally, the script allows the user to...
New multi-indicator to merge together three of the most popular indicators used by traders in technical analysis: 1) Ichimoku Cloud, with parameters editable by the trader. Default parameters are: 9-26-52-26 2) 3X Simple Moving Average (SMA), with periods editable by the trader. Default periods are: 20-50-200 3) 3X Exponential Moving Average (EMA), with periods...
Simple crossing of the Tenkan & Kijun Sen indicated by a "Cross". Surfed Tradingview for it, but did not find it, so decided to make one. Does NOT include the Ichimoku Cloud & the Chikou
The Basics This indicator should be used on regular candle sticks. It is possible to trigger an alert, when the block flips from red to green bar. Or vice versa. Red block represents a red Heikin Ashi candle. Green block for green Heikin Ashi candle. It can be used as a trailing stoploss for (DCA/ TV) bots, when riding trends. What Makes It Different The...
This is just a "helping tool" for those who knows ichimoku as well and is the first interactive box tool because of Pine v5 ability based on input time which confirmed by users. HOW-TO: This tool works and draw boxes automatically based on HH (HigherHigh) and LL (LowerLow) candles on previous 26 candle bars, You have to put your start time on ichimoku...
The Basics The indicator is visible on the chart as circles above and below the bar. It will trigger an alert when the current price goes below, the low of the previous candle. Or an alert when current price goes above, the high of the previous candle. The indicator can be used as a trailing stoploss for (DCA/ TV) bots. The distance between the circles...
Supertrend Ninja The Basics The Supertrend Ninja is a trend-following indicator. The indicator is optimised for daily, 2 days and 3 days candlesticks and can be used on varying trending markets. Supertrend Ninja using 2 days candlesticks only gave 7 bullish signals in 2020 and 2 in 2021 for Bitcoin/USDT (based on Binance charts). Greatly reducing false...