Plots the momentum acceleration oscillators from price and RSI, rescaled and with areas above/below highlighted.
Usage: in a nutshell, when the background is yellow, it's bearish (RSI decelerates faster than price), whereas when the background is green, it's bullish (RSI accelerates faster than price). It appears to detect early some reversals that are otherwise...
TD (Tom DeMark) Sequential Multi Timeframe
Configurable TD sequential indicator, you can reduce the clutter by only displaying the last numbers of a setup, the same can be done with the countdown.
Potential trend reversal on 9 and 13.
The TD sequential is an indicator that identifies a turning point in the price trend of an asset or an index.
CFB-Adaptive Trend Cipher Candles is a candle coloring indicator that shows both trend and trend exhaustion using Composite Fractal Behavior price trend analysis. To do this, we first calculate the dynamic period outputs from the CFB algorithm and then we injection those period inputs into a correlation function that correlates price input price to the candle...
█ This indicator shows an upper and lower band based on price action and ATR (Average True Range)
The average true range (ATR) is a market volatility indicator used in technical analysis.
The purpose of this indicator is to identify changes in trends and price action.
It is mainly used to identify breaking points and trend reversals.
But it can also...
Regression Candles by ugurvu
Regression Channel by Tradingview
All Candlestick Patterns By Tradingview
This script was combined for a friend of mine who needed this.
This Script has regression candles by ugurvu, Regression channel and Candlestick patterns by tradingview.
The intention was to fuse these together so more information can be processed on the cost of...
The old version of Trap Light before the most recent update. In order to facilitate the table functionality that is currently available for Trap Light, I had to make some values that are used in calculations hard-coded. By request, I'm quickly making this version available.
Trap Light is an indicator that uses the K value of the...
This strategy is inspired from Power of Stock aka Subhasish Panni.
Target is minimum 1:3 when you get this setup right.
1) Low is greater than upper band of BB and next candle breaks high of that candle, SL is Low of previous candle which is has low above upper band.
2) High is lower than lower band of BB and next candle breaks high of that candle, SL is...
This minimalism focused indicator was designed specifically to highlight doji candles (gravestone, long-legged, and dragonfly) that generally signal indecision/neutrality within price structure to improve trading accessibility for the disabled/visually impaired, visual charting cues or pattern visibility, and educational/learning purposes.
HOW TO USE...
This strategy uses a trend based indicator (MACD) for entry/exit signals with a momentum oscillator (RSI) to act as confirmation. Although relying on a trend based indicator this has been created for range bound crypto markets, which have been in a period of chop since June 2022.
Long/Short signals are generated from MACD with the RSI oscillator thresholds...
This strategy is commonly used both in forex and stock markets for reversal trading. when the rsi line reaches and crosses simultaneously at 3 rsi setups i.e at 7, 14, and 21, a signal is generated.
This strategy works best in 1-hour timeframe. It provides over 60 to 80 percent accuracy in 1-hour timeframe.
In the stock market, this strategy provides an...
MUNICH'S MOMENTUM WAVE VERSION 2 IS LIVE!!!
There are a few big things to note with this one.
I decided to upload this as an entirely new script due to the number of changes differing from the first version, but as the last one, this will still work on ANY TIMEFRAME, ANY ASSET CLASS, ANY PRICE! .
This momentum wave indicator now will give you data for when...
PrevHighLow Trend Indicator which is calculated by using prev lowest and highest of p1 -period and p2 -period for two MAs.
First MA is made of prev highest of p1-period / prev lowest of p1-period.
Second MA is faster, made up of p2(<p1)- period(same formula).
Can be used in the next way: slower MA(straight line) shows main trend, faster shows temporary...
Pivot Points High/Low, sometimes referred to as "Bar Count Reversals" allows highlighting market prices local tops and bottoms. This method compares the price value at a certain index within a user-specified window length and tests whether it is the highest (pivot high) or lowest (pivot low).
This method can return successive pivots of the same type, thus missing...
The Whisker Reversal Oscillator can be used to spot strength or weakness in trends. It is designed for stocks, commodities and forex trading, and is intended to be calculated from the high, close, low, and open over a given length.
The Whisker Reversal Oscillator shows the average length of the top and bottom whiskers on candlesticks over a defined...
The following script detects regular and inverted horn patterns. Detected patterns are displayed alongside their respective confirmation and take profit levels derived from the pattern measure rule. Breakout of the confirmation levels are highlighted with labels.
This script is a continuation of the educational idea regarding horns patterns.
This is a modification to "ZigZag with Fibonacci Levels" by LonesomeTheBlue.
By default, the script finds the ZigZag, draws Fibonacci lines and labels accordinly. ZigZag period can be set.
The modification to the original script provides the following features:
1) Option for user to customize retracement levels, if they don't want to use Fibonacci...
This indicator highlights points where price significantly deviates from a central level. This deviation distance is determined by a user-set value or using a multiple of a period 200 Atr and is multiplied by successive values of the Fibonacci sequence.
Method: Distance method, options include "Manual" or "Atr"
Size: Distance in points if the...