Implied Correlation Divergence Oscillator (ICDO) ICDO uses an SMA calculation as a low-pass filter to determine divergences from trend. This can be useful for multiple strategies, including detecting overbought or oversold trends, and finding dispersion opportunities, including zero delta straddle plays using options for indices and single assets within the S&P...
🏛️ History & Credit IBD Power Trend is an indicator created by TintinTrading inspired by the Investor's Business Daily and William O'Neil's investment philosophy. It is part of the Market School methodology.. It's built on the principle that the market's Power Trend is the best time to get aggressive. 💪 What it does IBD Power Trend helps traders identify...
FVGs (Fair Value Gaps) are significant levels that may act as support or resistance to price. The script finds FVGs as per ICT trading system, then plots the full FVG to the right side of the chart. FVG boxes do not change size when they are semi-mitigated as its important to know where the original FVG midpoint lies. Plotting to the right side of price allows...
This indicator was implemented to detect indecision candles on a daily and 4-hour timeframe. The settings of the indicator allow you to specify the maximum size (in percentage ) of the indecision candle, as well as the maximum price range (also in percentage ) between the low and the high of that indecision candle. Moreover, as the title might indicate, the...
Japanese below / 日本語説明は英文の後にあります。 ------------------------- *This indicator is based on azmathshah's "Last Three Candles each of Two HTF". It's a very cool indicator. thank you. You can detect trend reversal with candlesticks. It's MTF compatible and can display up to 2 sets of 5 candles of any time frame on the right side of the chart. By displaying the candles...
what is Faytterro oscillator? An oscillator that perfectly identifies overbought and oversold zones. what it does? this places the price between 0 and 100 perfectly but with a little delay. To eliminate this delay, it predicts the price to come, and the indicator becomes clearer as the probability of its prediction increases. how it does it? This indicator is...
In this command; There is an alphabetical list of USDS-M coins with the USDT PERP extension on the Binance Futures side. There are 13 lists in total. Each list contains 39 data. Due to data limitation, 13 lists are formed. There are 13 coins in the first 11 of the lists. The 12th list contains 3 coins. The last list (FAVORITE LIST) is CRYPTOCAP:TOTAL,...
OVERVIEW The Braid Filter indicator was initially made by Robert Hill and published in the Stocks and Commodities Magazine in 2006. This version of the Braid Filter expands upon Hill's original one by adding much more customization and tweaking abilities. Instead of using a simple moving average to calculate the Braid Filter, this version allows you to choose...
Somehow, I deleted version 5 of the zigzag script. Same name. I have added some older notes describing how the Weis Wave works. I have also changed the date restriction that stopped the script from working after Dec 31, 2022. What you see here is the Weis zigzag wave plotted directly on the price chart. This script is the companion to the Weis cumulative wave...
Order Blocks are significant levels that may act as support or resistance to price. Often the wick area is where price may react. The script finds order blocks as per ICT trading system, then plots either the top or bottom wick area to the right side of price. Plotting to the right side of price allows for a cleaner chart. The script is MTF and can display order...
This scripts identifies ICT Order Block and ICT Fair Value Gaps Fair Value Gap: - Fair Value Gap toggle is off by default - Users can choose to color the bars having Fair Value Gaps or can select to define the Fair Value Gap using boxes. - Bar color and box colors can be customized Order Blocks: - Order Block box and candle color toggle is on by default - Users...
The VWAP (Volume Weighted Average Price) indicator is used to calculate the average price weighted by volume. This indicator is designed to automatically draw VWAPs from the highest and lowest points of the last 'n' bars. It utilizes arrays to calculate the values of VWAP and plot it on the chart on the last historical bar. This version was coded to get a...
Fibonacci Volatility Bands are just an alternative that allows for more margin than regular Bollinger Bands. They are created based on an average of moving averages that use the Fibonacci sequence as lookback periods. The use of the Fibonacci Volatility Bands is exactly the same as the Bollinger Bands.
This script uses the Volume of each candle to find support and resistances on the whole visible chart. There is a single easy to use setting that is the Distance between major S/R lines which is 10% for the default and better for Daily timeframe. If you set a lower number, for example 5% then there will be more lines on the chart which is better for lower time...
This script identifies chart patterns: Cup and Handle. At the same time, it identifies not only these classical patterns, but even a wider range of similar reverse figures . It has many useful settings: -- You can choose by which pivots you want to identify patterns - by the edges of wicks (tails, shadows), or by the edges of candle bodies. -- You can set the...
Level 3 Background The Aroon indicator developed by Tushar Chanand indicates whether there is a trend price or is located in a trading area. Function Classical Aroon can also show the beginning of a new trend, its strength and expectation of changes from trade areas to trends. However, it produces too much noise when is bull or bear during sideways. In this...
Opening Range Breakout (ORB) Smart Candle Finder Indicator - finds first smart candle of the day and make it a label to trade at its higher or lower levels. You can adjust the size of smart candle as well as the Volume levels to detect smart candle.
Level 2 Background The Aroon indicator developed by Tushar Chanand indicates whether there is a trend price or is located in a trading area. Function Classical Aroon can also show the beginning of a new trend, its strength and expectation of changes from trade areas to trends. This is a traditional aroon indicator with length == 13, which exhibit good...