Price change indicator in the form of diagonal rows. The calculation is based on the percentage or tick deviation of the price movement (indicated in the "Deviation" parameter), which is displayed on the chart in the form of rows. The row consists of the base middle line, upper and lower limits: The middle line is the basis for the upper and lower limits of...
Trendy Bars Counter indicates the number of bars in trend. Green: If trend is up Red: If trend is down Gray: If there is no trend Minimum Number Of Trendy Bars: if trendy bars count is greater than this value trendy bars count will be plotted
This indicator is a visual representation of the VWAP (Volume Weighted Average Price), it calculates the weighted average price based on trading volume. Essentially, it provides a measure of the average price at which an asset has traded during a given period, but with a particular focus on trading volume. In our case, the indicator calculates the VWAP for the...
"The Advanced Choppiness Indicator with CPMA is a technical analysis tool designed to assist traders in identifying choppy market conditions and determining trend direction. It combines two key components: the Choppiness Index and a Custom Price Moving Average (CPMA). The Choppiness Index is calculated using the Average True Range (ATR), which measures market...
█ Overview We have developed a Trend Analysis Indicator with many great functionalities that help traders to: Identify when a confirmed trend starts and ends. Identify pullbacks within trends. Identify the current trend direction and potential trend shifts. The indicator differentiates between different trend characteristics to measure the current...
█ Overview The 1-2-3 pattern is the most basic and important formation in the market. Almost every great market move has started with this formation. That is why you must use this pattern to detect the next big trend. In fact, every trader has used the 1-2-3 formation to detect a trend change without realizing it. Our 1-2-3 Pattern (Expo) indicator helps...
An extension (supporting script) for Waves series (e.g. Waves + ZOOnes). It detects candlestick patterns and: supports merging few candles into one to get more sensitive candlestick patterns detection supports filtering in the context of current wave (but it cannot draw the wave by itself) It supports filtering based on 2 rulesets/wave variants: Low -...
Trend visualization tool in Wave theory. Unlike Elliot waves, it has a constant pattern length. The formation consists of impulse and 3 corrections. The script analyzes candle relationships in the currect trend, trend will be continueted until candle are not breaking trend rules. Currently it supports 2 rulesets/wave variants: Low - More sensitive (trend will...
Angel Algo provides a set of tools, combined into one solution. Each tool complements each other and is made to uniquely support your trading decisions for your daily trading tasks. You can immerse yourself into our customizable tools to create your own strategies using them. With Angel Algo you can: * Find trend direction using three different algorithms...
I've been getting very good results with this indicator, using it in conjunction with the Profit Accumulator Main Indicator. This indicator uses a number of methods for detecting reversals and the start of new trends. The basis is simple in that when the trend lines cross above the zero line, it indicates a possible long entry and crossing below the zero line,...
Trender is an indicator that compiles trend-following ideas in a complete friendly-custom indicator. Based on classic arithmetic moving averages, exponential moving averages, volume and a little bit of Fibonacci. Indicator built and usable in TradingView, focused only for easy visualization of the trend.
Hello Friends.. This is Auto Trend Lines, A script that draws trendlines from the pivot points in the price chart,, So helpful and smart ! Play with the options to adjust the precision. This is my simple edition from " Trendlines - JD "