The main function of this indicator is to make it easy to identify several smart money concepts (SMC) and ICT practices by using a single indicator. The functions themselves are not my original content, but rather a collection of several scripts with some tweaking, combined into a single indicator. Main functions: - Provides the ability to set bar color for...
Relative Strength (RS) is an Indicator which measures a Stock's performance as compared to a Benchmark Index or another Stock. For example: RS will tell you whether “A” is increasing more or less than “B” in any market condition. It is one of the tools which is best suited for Momentum Investing. How RS can be used as a Momentum Indicator: RS is used in...
First off, all credit to Harry Potter as this is a minor customization of his indicator. Basic additions: -- Added a Higher Timeframe that is set to Daily but can be changed. Timeframe does wait until barstate.isconfirmed so won't repaint. -- Added HMA smoothing line to both Chart and HTF. Can be used as it's own signal, as confirmation or in combination with...
This is a NON-REPAINTING multi-timeframe RSI strategy (long-only) that enters a trade only when two higher timeframes are oversold. I wrote it on BTC/USD for 1min, but the logic should work on other assets as well. It is diagonally layered to be profitable for when the asset is in a downtrend. Diagonal layering refers to entry and exit conditions spread across...
The Multi-Timeframe Trend Indicator (MTFTI) is a trend analysis tool designed to help traders quickly and easily assess the market direction across multiple timeframes. With the help of a table to visualize the trends on different timeframes. Key features: Multi-timeframe trend indicator for the following timeframes: 5 minutes, 15 minutes, 30 minutes, 1 hour,...
I had this idea to make a custom Moving Average that adapts to the market. I chose to use the Average True Range. As the market makes bigger/smaller moves, this custom Moving Average applies the ATR as the length of the EMA. This gives more distance to the Moving Average as the volatility picks up or reduces. Just set the length you want the ATR to look back...
Displayed on the RSI chart according to a custom timeframe. Displays the RSI tracking table of various timeframes. Identify normal divergence, hidden divergence on RSI chat. Show buy and sell signals (strong, weak) on the board. Send notifications when RSI has a buy or sell signal. ----- I reused some functions, made by (i believe that): ©paaax : The...
Shows pre-market highs and lows on RTH or ETH chart -Pre-market duration user input (default is 16 'bar hours'; covering the time from S&P RTH close at 4pm >> 9:30am RTH open next day -Displays on both RTH and ETH charts -Written for ES (ES1! or e.g ESM2023), but tested and working on SPY, SPX -Works across timeframes Example usage on Electronic trading hours...
This indicator draws a volume profile by utilizing data from the lower timeframe to get a more accurate representation of where volume occurred on a bar to bar basis. The indicator creates a price range, and then splits that price range into 100 grids by default. The indicator then drops down to the lower timeframe, approximately 16 times lower than the current...
Description: support and resistance and trendline on two timeframes by your choice This indicator is capable of showing you the current and higher timeframe support and resistance by your strategy choice (two timeframes alongside each other). It also helps you to monitor the trend direction in short and long term by trend lines . You can change the depth of every...
This trading view script is a simple one but I find it very helpful in spotting changes in trend of FX. The basic idea is to create a visual direction from the previous session to the next new session. The concept while basic provides visual trend direction and changes as session change. The three sessions are: 1. Asia from 2130-0400 2. Europe from...
A very simple indicator that displays the Open of the specified Timeframe How to use this indicator? 1. Directional Bias Bullish => Closing Price > Period Open Bearish => Closing Price < Period Open 2. Support / Resistance Each Period Open can be used as Support or Resistance 3. Take Profit Targets Each Period Open can be used as targets for taking profit
This indicator is designed to help traders analyze market trends by displaying five exponential moving averages (EMA) of their choice across four fixed intervals: weekly, daily, 4-hourly, and hourly. The user can choose which moving averages and intervals to display, and can enable or disable these options as needed. The moving averages are drawn as lines and are...
You can view indicators from the specified upper timeframe together. ( Bollinger Bands, SMMA, EMA, SMA ) If it is based on a 1-hour bar, you can see indicators for 4-hour bars and 1-day bars at the same time. => => Minutes 1 => 5 => 30 2 => 10 => 60 3 => 15 => 90 4 => 20 => 120 5 => 30 => 120 6 => 30 => 120 10 => 60 => 240 15 => 60 => 240 30 => 120 =>...
This indicator transmits signals from another indicator panel to the main panel through the chart. It may be suitable when it is not possible to use the main indicator with the "overlay=true" attribute. For the script to work, the input signal must be "1" for BUY and "0" for SELL. Alternative words: transmit signals, send, connect, broadcast, copy signals,...
Trampoline Dots (Price Divergence) Higher Time Frame Price Divergence: Trampoline Dots serve as a "quick bounce" tool. These little dots will trigger whenever the higher aggregation MACD is above / below zero and the price is below / above the 50 period simple moving average. When these criteria are met, the price is usually under pressure of strong divergence,...
This indicator is designed to detect volume anomalies such as block orders, large institutional orders, and sweep orders. It works by comparing the current volume to the moving average of volume and identifying deviations that exceed a specified threshold. By detecting anomalous volume, it can help traders identify potential market-moving events and anticipate...
Projecting Week and Day boxes forward into the future, as an aide in framing the shape/profile of the coming week(s)/day(s). ////user inputs//// ~toggle on/off daily and/or weekly boxes. ~input number of 2week blocks or number of 2day blocks to project forward. ~independently format colors and opacities of weekly and daily boxes. ~toggle on/off day-of-week...