I present to you an indicator capable of determining the divergence and convergence points for any indicator you choose. It will also determine Pivot points. All you need to do is add the indicator to your favorites and call it. Next, you need a second indicator for which you want to find divergences or pivots. Next you need choise 'Oscillator Source' section in...
Extreme Volume Support Resistance Levels are S/R levels(zones, basically), based on extreme volume . Settings: Lookback -- number of bars, which algorithm will be using; Volume Threshold Period -- period of MA (Volume MA), which smoothers volume in order to find the extremes; Volume Threshold Multiplier -- multiplier for Volume MA, which "lift" Volume...
This script draws Opening Range, Initial Balance and Opening Price with options to show mid levels. By default, lines changes color depending on whether closing price is above or below the lines. Red if price is below, green if price is above. Colors and line styles are all configurable. Options to change label positions. Some definitions: Opening Range -...
Plot Open / High / Middle / Low / Close Lines of current and previous candles. The indicator is Multi-Timeframe. Choose the line style and the type of extension.
This marker-only indicator traces highest and lowest bars using 5 different periods (the first 3 in aggregation and the rest as is) for a total of 10 support and resistance signals of varying strength. Use Cosmic Markers Lite on its own or add on top of existing chart patterns or other line indicators.
Simple idea that allows you to display tomorrow CPR/ Standard Floor Trader Pivots based on the high, low and close of today session. Likewise, it works for higher timeframes taking into account the high, low, close of the period (e.g. weekly, monthly, year). Just be aware that -regardless of the timeframe- if the period is still in development, the indicator...
This Price Divergence Indicator indicator modifies the standard Divergence Indicator to look for price divergences between the current chart and any other selected TradingView chart. The thesis that this indicator is built upon: Prices on assets or indices that are normally correlated move in lock step. Where there are deviations between the confirmed highs or...
Basically: F - Fibonacci levels F - fractals: retracement of retracement A - absolute: based on two fixed points instead user chosen Fibonacci points A - auto: automatically draws based on volatility Explanation: This script will automatically trace TWO Fibonacci levels from these points: - ALL TIME HIGH (ATH) and ALL TIME LOW ( ATL ) prices This is our first...
This shows the negative or positive charge of price movement and volume . The "Polarization" shows how much negativity or positivity the movement of the price and volume have. IMPORTANT: Use with crypto currencies only is highly recommended. If the volume in a currency is not visible, adjust the "Factor" number higher in the "Inputs" tab. Adjust it until there is...
// Indicator Name: "Significance Condensed" // This is a "Multi-Indicator", which includes: // Custom Candlesticks with Bearish/Bullish Engulfing Body Fills, otherwise hollow. // 3 EMA's with user inputs + 2 Static EMA's // Continuous plots of high/low values with up to 3 overlapping timeframes. // Table: Contains the TICKER.ID, Current Price, Percent On Day...
This indicator helps you identify market structure by plotting swing highs and lows (HH, LH, HL, LL), BOS/CHOCH and 0.5 retracement levels. Other functionalities will be added in future updates. Indicator Settings Overview SWING LENGTH The number of leftbars and rightbars when searching for swing points. The lower the value, the more swing points are shown...
This is an indicator that directly draws a trend line by clicking on the candle. Click to Create Trend lines !! Create a trend line by connecting A, B, and C with three vertices. 1. Draw Bear Trend line Click pivot high : First pivothigh of the downtrend line Click pivot low : pivotlow of the downtrend line Click pivot high : Second pivothigh of the...
If you thought margin trading liquidation levels only mattered to those trading with leverage, think again. Margin traders wield significantly more capital than your average retail investor, and their collective behavior can move markets quite predictably. The basic premise (theory popularized by Forrest @Cryptostackers YouTube) is that margin traders will have...
█ OVERVIEW This indicator is a divergence finder, designed to be overlayed on top of any oscillator. By utilizing an Exponential Moving Average, rather than built-in pivot functions, this allows for insignificant pivots of the oscillator to be filtered out. Additionally, by sampling more than just the previous oscillator pivot, this allows for divergences to be...
DESCRIPTION AND OVERVIEW The Average Daily Range is a measure of volatility (typically across 5 days for the FX markets). I originally saw this being used in a trading system called ANTSSYS by Daryll Guppy and some other developers. I couldn't find it anywhere so I decided to build it from scratch. What this does is allow you to measure volatility across various...
The Only EURUSD Trading Strategy You Need I got the idea to this strategy from a youtube video uploaded by Trade Beta. It is designed to capture the early market move of major forex pair EURUSD at beginning of New York Stock Exchange (13:30 GMT). Trade Beta tested his strategy on the 5 minute chart. I have set all parameters to same values as shown in the video....
It uses Heiken Ashi candles to detect recent swing high and low. It can be used as a stop-loss or support/resistance indicator.
Q-Trend is an multipurpose indicatorm that can be used for swing- and trend-trading equally on any timeframe (non-volatile markets are better for this thing). Settings: Trend period - used to calculate trend line in the special moments(will explain below); ATR Multiplier - changes sensitivity. The higher the multiplier = the more sensitive it is. ...