Green vertical lines are showing pre market open and then the opening range as the first hour of market NYSE market open Pre market high and low are blue lines | intraday opening range high low are in white Trades are taken in the current direction above | below range breaks with the direction of price action using the moving averages Price breaking through...
This indicator will automatically plot support and resistance levels and will also allow you to overlay multi time frame support and resistance on any time frame that you are currently conducting analysis on. In addition you can also set alerts when a support and resistance level is tested, fine tune how many levels you would like to view on your charts, option to...
T3-Filterd SSL is an SSL indicator that is filtered with T3 moving average What is SSL? Known as the SSL , the Semaphore Signal Level channel chart alert is an indicator that combines moving averages to provide you with a clear visual signal of price movement dynamics. In short, it's designed to show you when a price trend is forming. For our purposes here,...
OMA-Filtered, Gann HiLo Activator is a Gann HiLo activator that uses OMA filtering instead SMA filtering. This GHA calculation also includes a variable for close period to further tune the indicator. What is Gann HiLo? The HiLo Activator study is a trend-following indicator introduced by Robert Krausz as part of the Gann Swing trading strategy. In addition to...
Standard Donchian Channels, this includes a Trend EMA which can be configured and the channels will use to give buy and sell signals. The channels are also colored in such a way to indicate a trend reversal. My favorite part that sets this apart from others is, if using the bClose option (which I recommend you do) the trend will not reverse until there is a close...
This Indicator is based on Mr. Dan Valcu ideas. This indicator is made as Hicken-Ashi Oscillator by haDelta. The closing price of the candlestick is not used to make this indicator. - Indicators generally have a delay. Since this indicator has an haDelta oscillator, it helps to reduce this delay. - This indicator has two fast lines "K" and slow "D". -Similarly to...
This indicator draws two RSI with different parameters and displays the crosses with the following conditions as colored arrows. This composite RSI can be adjusted in two ways. for example: 1. Cross parameters 5 and 14 above or below 50 which is indicated by light-colored arrows in the chart. 2. Cross parameters 5 and 14 of level 50, which are indicated by darker arrows.
An experiment with pinescript's line.new() function. The Autodrawn Pivot Levels indicator draws horizontal lines in areas where prices have been flat, which serve as pivot points. This can be useful for pivot trading as it visually shows several critical levels
Displays the following values in a table in the upper right corner of the chart: ADR%: Average daily range (in percent). ATR: Average true range (hidden by default). Market Cap: Total value of all a company's shares of stock. All values are calculated based on daily bars, no matter what time frame you are currently viewing. Doesn't work for time frames >1D,...
This indicator detects abnormal spike up of volume (Vol) and analyze price action in a very specific manner. so it may give us high probability wining setup. It was build for BUY setup only, it's good for crypto market and you also can use for stock market but it is not suitable for FOREX. The default setting values is 4H time frame, use can adjust value for...
Fibonacci Average Channels is moving average of fibonacci numbers, It is an indicator that will make chart analysis easier. What do you want to know? - Trend? - Support and Resistance - Price target? - Buy and Sell zone? v v v - How to use - Determining the trend direction, From "Base line". - - - - - - - - Paint in the key...
Entry and Exit Signals for higher timeframes based on Ema & Sma with RSI overbought/oversold plots for possible reversal indication. It can be used for booking profit in the existing trade and take fresh position once the new candle breaks the high/low of alert candle depending upon the side. Best work with high timeframes. (>1 Hour) Best recommended for stocks
The Mean Distance Indicator The distance indicator is a market regime technique that measures the relative distance between the market price and the moving average. To calculate the indicator we can follow these steps: Calculate the difference between the market price and the current moving average value. Calculate the RSI on the differenced values.
The RSI Pacing indicator compares the movement of the RSI directly with the movement of the asset to help identify divergences. Bullish Divergences The RSI is increasing at a greater rate than the pace of the asset. The RSI is decreasing at a lesser rate than the pace of the asset. Bearish Divergences The RSI is decreasing at a greater rate...
This a water mark that uses a table to allow placement at 9 different locations on the screen you can either pick on of the given Date and time formats or you can choose custom and build your own One of the reasons for this project I wanted to be able to add the "s,m,h" to the water marks timeframe not have i.e. "240" and have it say 4h.. you can select what...
What are Order Blocks: Order blocks in forex refer to the collection of orders of big banks and institutions in forex trading. The big banks do not just open a buy/sell order but distribute a single order into a check of blocks to maximize the profit potential. These chunks of orders are called order blocks in trading. Types of order blocks Order blocks are...
The indicator will help you to identify where an asset might change direction or where to take profit. For scalping or day trading is very useful to know where to take profits. When the price is too far from an EMA a reversal is very likely to occur. You can set up your own EMA and the percentage where you want to take profits
Indicator based on "Trading the Trend" article by Andrew Abraham published in TASC. There has been a lot of "reincarnations" and renamed versions of this system, but since the indicator is quite good, it seemed useful to create the original version. What is the Abraham Trend? New traders quickly become familiar with two adages: "The trend is your friend,"...