This indicator displays the Average Directional Index (ADX) and Directional Movement Index (DMI) information as a histogram, helping traders assess the strength and direction of a trend. The color and position of the histogram relative to zero give clear signals about the trend’s strength and its direction.
The strategy implemented in the provided Pine Script is based on **ICT (Inner Circle Trader)** concepts, particularly focusing on **order blocks** to identify key levels for potential reversals or continuations in the market. Below is a detailed description of the strategy: ### 1. **Order Block Concept** - **Order blocks** are price levels where large...
This Pine Script calculates the average volatility over the past 20 bars by taking the difference between the high and low prices. It then adjusts this volatility based on the previous closing price: if the price is below $20, the volatility is multiplied by 2, and if it’s above $20, the volatility is multiplied by 1.5. The adjusted volatility is then plotted on...
Indicator Name: Donchian Channel Crosses_AIT Programming Language: Pine Script (TradingView) Description The Donchian Channel Crosses_AIT indicator is designed to provide trading signals based on the crossover of two Donchian Channels with different lookback periods. The indicator uses two channels, Donchian Channel A (default 7-day period) and Donchian Channel B...
The "Correlation with Averages" indicator is designed to visualize and analyze the correlation between a selected asset's price and a base symbol's price, such as the S&P 500 (SPY). This indicator allows users to evaluate how closely an asset’s price movements align with those of the base symbol over various time periods, providing insights into market trends and...
This indicator, called "Earnings Date Highlighter," is designed to visualize earnings data for up to four different stocks on a single chart. It's particularly useful for traders or investors who want to track earnings events for multiple companies simultaneously, such as the top holdings of an ETF. Key features: 1. Tracks earnings data (estimates and actuals)...
*Script Name:* Price Iterations with Pips *Description:* This script plots horizontal lines above and below a user-defined initial price, representing price iterations based on a specified number of pips. *Functionality:* 1. Asks for user input: - Initial Price - Pips per Iteration - Number of Iterations 2. Calculates the price change per pip. 3....
Description: Risk Contract Table by Soothing Trades This script provides an intuitive table that displays the calculated risk in dollars for various contract sizes based on the size of the last closed candle. It is designed to help traders quickly assess their risk exposure based on the most recent price movement. Key Features: Automatic and Manual Tick Value...
The code is a TradingView Pine Script indicator designed to track and visualize price movements in a financial market (like stocks or cryptocurrencies) based on a specific point threshold. Here’s a breakdown of its functionality: Purpose of the Code: Price Movement Calculation: It calculates the difference between the closing price and the opening price of each...
TechniTrend: Average Volatility Description: The "Average Volatility" indicator provides a comprehensive measure of market volatility by offering three different types of volatility calculations: High to Low, Body, and Shadows. The indicator allows users to apply various types of moving averages (SMA, EMA, SMMA, WMA, and VWMA) on these volatility measures,...
The Strat Candle State Table (Two Symbols) – Multi-Timeframe Analysis This advanced indicator is designed for traders who follow The Strat methodology, providing a quick, clear, and actionable view of candle states across two selected symbols and a chosen timeframe. It allows you to seamlessly integrate multi-symbol analysis into your trading, offering real-time...
This program is written in Pine Script (version 5) and is designed to retrieve candlestick data (open, high, low, and close prices) from the TradingView chart. The data is displayed in a table located in the upper right corner of the chart. Main Functions of the Program: Retrieving candlestick data: The program processes data for the last 10 candlesticks on the...
EMA14 Crossover Strategy with Conditional BUY/SELL Alerts This powerful script provides dynamic BUY and SELL alerts based on the interaction between price action and the EMA14 (Exponential Moving Average 14). Ideal for traders looking to capitalize on trend reversals and breakout patterns, this indicator helps you time entries and exits with precision. Key...
This script indicates the lotsize based on your accountsize and risk per trade. You have the option to select account in EUR or USD. You can set account size and risk%. Valid for next combination of currencies: EUR JPY GBP AUD CHF CAD XAUUSD
The Time Zone Corrector library provides a utility function designed to adjust time based on the user's current time zone. This library supports a wide range of time zones across the Americas, Europe, Asia, and Oceania, making it highly versatile for traders around the world. It simulates a switch-case structure using ternary operators to output the appropriate...
The trend direction has been added. An SMA is a technical indicator that calculates the average closing price of a security over a specified period. It's a popular tool for identifying trends.
this is the Golden strategy for everyone this strategy use for enter long term mid term trading purpose
เป็นระบบ คล้ายกับ MACD ที่เน้น Swing Trade เก็บรอบสวิง ทำกำไรระยะสั้นหรือยาว แล้วแต่ TF ที่ใช้ Copy ใครมาจำไม่ได้ Credit แด่คนเขียนครับ