█ OVERVIEW This script will help you track multiple indicator divergences in an easy, clean, and very visible way. Currently supported indicators at the time of script publishing are the Relative strength index (RSI) and On balance volume (OBV). If you have suggestions on which other popular indicators to add, leave them in the comments or message me...
This script allows users to change the background color of the main chart to green or red depending on patterns of net highs or lows for the Nasdaq, NYSE, or AMEX. Healthy markets typically show persistent trends of net highs, and the green background highlight helps to identify that condition. Similarly, poor market conditions are associated with trends in net...
Medic trades using "Smart Money Concepts", and Medic's system revolves around the one taught by MentFX (i.e. Structure, Supply/ Demand Zone , and Confirmation). While this system per se doesn't require the use of a volume indicator, Medic has come to respect the OBV and Accumulation / Distribution . The OBV Ribbon is available in many a shape and form, but Medic...
What this Indicator Does This indicator helps the trader locate expansion and contraction areas in an easy visual way. When the asset moves from a contraction phase into an expansion phase, the bars change color (customizable). This allows the trader to recognize areas of contraction and avoid trading them. Once a Bar Range moves outside of the average range as...
This indicator is meant to observe NYSE & NASDAQ Advance minus Decline Oscillator in one. It also paints extreme levels at +2000 and -2000. It is used in combination to identify changes across the two markets or to observe broad market strength/weakness.
This is a normal Relative Strength Index with default length set to 14 periods In addition, SET and MAI market Trend filter: When SET or MAI is above 10 and 35 EMA - consider as a strong uptrend. SET or MAI is below EMA 10 but still above EMA 35 - consider as a healthy Uptrend but resting with lower momentum. SET or MAI is below EMA 10 and 35 - consider as a...
This is an adaption of the Mcclellan Oscillator for crypto. Instead of tracking the S&P500 it tracks a selection of cryptos to make sure the indicator follows this sector instead. Full credit goes to the creator of this indicator: Fadior. It has since been fixed by SLN. The following description explains the standard McClellan Oscillator. Full credit to ...
The Urika Confirmation (UC) Indicator helps a user make a better decision about areas to enter the market for a trade. The indicated incorporates the highs and the lows of the price for a specific period. The information is depicted on this two-line indicator to show the direction of the price. The gap between the two lines is a cloud for determining the current...
This script is for a combination of two indicators: an Opening Range Breakout (ORB) indicator and a daily/weekly high/low pivot indicator. The ORB indicator displays the opening range (the high and low of the first X minutes of the trading day, where X is a user-defined parameter) as two lines on the chart. If the price closes above the ORB high, the script...
This Opening Range Breakout indicator stands apart from others for several reasons. Apart from displaying the opening range high and low on a chart, the script also plots customized potential price targets ( different from any other on TradingView! ) for breakouts and breakdowns in price action. These customized targets can be toggled on and off in the input...
A script to perform sectoral performance (using predefined exchange indices or custom indices) and a stock from that sector/industry. This script allows to peg to a reference date and the returns of the stock, sector and the market benchmark are all calculated from that date as reference. The thing to note: If using a custom index, it needs to be defined...
––––History & Credit The Whaley Breadth Trust is a powerful signal that has a great success rate. It was invented by Wayne Whaley in 2009. Since 1970 to 2009, the signal has occured only 12 times! –––––What it does The indicator uses 3 conditions. Condition 1: The Advancing and Declining NYSE stocks Condition 2: The Up and Down volume Condition 3:The...
This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously. Our 11th one is an automated version of the "Magic Trading Strategy : Most...
Overview This script, named "ALEX TRADING STRATEGY", is a technical trading strategy designed for new investing groups. It uses a combination of various technical indicators to identify potential buying and selling opportunities in the market. The script includes the Relative Strength Index (RSI), Simple Moving Averages (SMA), Exponential Moving Averages (EMA),...
🔥 Overview 🎯 This Double BOS(Break Of Structure) Confirm indicator combined ma-based BOS and classic BOS to achieve a more credible BOS signal . it works well in most symbols with 2 parameters finetune. 🎯 It's a enhanced version compare with previous script. 🎯 at the same time, I keep D-BOS and BOS separately, you can use them in combination...
This indicator show how is the trend of 40 stock in SET Index Thailand ordered by market capitalization. RSI, Moving Average and MACD is used to calculate vale of each stocks. The trend will be assigned and cumulative as 1 represent uptrend while -1 represents downtrend. For example RSI If RSI > RSI moving average, it will be uptrend and return 1. If...
꧁༺ 𝓑𝓸𝓾𝓷𝓬𝓮 𝓟𝓻𝓲𝓬𝓮 𝓓𝓮𝓽𝓮𝓬𝓽𝓸𝓻 𝓘𝓷𝓭𝓲𝓬𝓪𝓽𝓸𝓻 ༻꧂ * Hi everybody here's the ★彡 𝓑𝓸𝓾𝓷𝓬𝓮 𝓟𝓻𝓲𝓬𝓮 𝓓𝓮𝓽𝓮𝓬𝓽𝓸𝓻 𝓘𝓷𝓭𝓲𝓬𝓪𝓽𝓸𝓻 彡★ indicator and how to use it : 彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡 First : Depending on Pivot (HH,LL), the two possible price Correction appears on chart if the price under the Correction levels it would be a Resistance levels and to entry there candle must close...
This script intends to give you the average bid/ask price when using FX trade function on Revolut. Best used with OANDA markets as the price source.