This strategy is based EMA of 8 different period and Ichimoku Cloud which works better in 1hr 4hr and daily time frame. #A brief introduction to Ichimoku # The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a...
The Supertrend is one of the most used indicators by traders when it comes to determining whether the market is up-trending or down-trending. This indicator is displayed as a trailing stop, showing a lower monotonic extremity during up-trends and an upper monotonic extremity during down-trends. Today we propose a channel indicator based on the Supertrend trailing...
An indicator that displays each trading session. Each box represents a single session (Asian, London and NY) and their respective overlaps.
This indicator consists of a combination of indicators produced by the most valuable developers in the market. These are: Center of Gravity (COG) and Super Smoothed MACD (SSMACD) shared by @KivancOzbilgic and Center of Linearity (COL) shared by @alexgrover I produced this indicator by writing new conditions that compare the signals given by these indicators with...
With the usage of ATR, applied on the close of the daily candle, I am calculated the volatility channels for the TOP and BOTTOM Based on this logic, we can estimate, with a huge confidence factor, where the prices are going to be compressed for the trading day. Having said that, lets take a look at the data gathered among the most important financial...
This indicator displays a ribbon of two individually configured Fast and Slow and Moving Averages for a fixed time frame. It also displays the last close price of the configured time frame, colored green when above the band, red below and blue when interacting. A label shows the percentage distance of the current price from the band, (again red below, green above,...
That indicator helps us to determine the stop loss levels or prices in terms of atr levels. It includes 4 (four) options which are 1-Don't Risk, 2-Low Risk, 3-High Risk, 4-Risk Lover their exploding rates are 1-2.4% , 2-3.9% , 3-6.7% , 4-16.7% in sort. It helps us to produce new methods to decreace our risk/reward ratio. It is ATR Trailing StopLoss indicator. The...
It's a 3D sine wave! Cool! I made a cube follow a sine wave, it doesn't reflect any data on the chart, it just looks pretty. There are some settings to play around with, too. You could plug the cube into any input you like, just replace the 'wave' variable with whatever you want. Watch it on the 1 second timeframe!
This indicator is a Responsive Moving Average, and it was made easily by using the Swtich function without using the if function, and it was released as an open source so that traders can freely CUSTOM. If you select the Moving Average type from the Input menu and input the desired period value of MA for each time frame, the period value of the MA you set in...
Level 1 Background In Traders’ Tips of February 2021, the focus is Richard Poster’s article in the February 2021 issue, “Trend Strength: Measuring The Duration Of A Trend”. Function In his article in this issue, Richard Poster outlines several common ways to evaluate the strength and duration of trends. Then he evaluates their sensitivity to volatility. Next,...
To visually evaluate the percentage change in price over any time period This handsome indicator shows exact % price change at each candle by displaying a circle at the level of the change. To read numerical value, point at the circle of the relevant bar corresponding to the candle you are interested in, and look at the scale.
The goal of this script is honestly to help everyone learn about trading with bots and algos. At least, to get started. Level 1: 10 lines of code. learn to plot 2 moving averages on your chart. learn to create a signal from a crossover. learn the very basics of Pine Script algo.
This Indicator will only give you potential entry base on MACD strategy combine with a 200 EMA -Sell when price under 200 ema and MACD is crossing the signal line above 0 -Buy when price above 200 ema and MACD is crossing the signal line under 0 -Sending Alert for each Potential Entry
Script adjusts the transparency of extended hours candles, therefore it emphasizes candles of regular trading hours, and it's easier to mark more precise key market levels.
This Indicator consists on two channels and if you use them in confluence with other indicators, it can bring awesome results. You can manipulate the Period, Source, TimeFrame, Smooth, and more. When there are crosses between the lines, a possible entry trigger is validated Have fun with this!!
This is combo strategies for get a cumulative signal. First strategy This indicator plots 2/20 exponential moving average. For the Mov Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met. Second strategy This indicator plots the oscillator as a histogram where blue denotes periods suited for buying and red . for...
Ideal to see the overvaluation or undervaluation of the market observing the structural divergences. You can also do your technical analysis on this structure, helping to understand the total market. Let the simplicity of your strategy be your strength, successes.
Supply and Demand - Order Block - Energy Candles Description An experimental script, designed as a visual aid, to highlight the last up or down candle before a fractal break. We can assume these candles where the point of origin that generated enough strength to break recent structure. By using them as reference points, traders are expected to follow their...