This indicator was originally developed by Eric Lefort, a professional trader and author from France.
It gauges and displays the bullish or bearish pressure.
Like and follow for more open source indicators!
Happy Trading!
using the tenkan and kijun double crypto settings, when a crossover is detected the alert on the bottom of the screen will confirm the direction.
use the aqua line to gauge entries/exits when the candles close either side of the line.
can be used on all timeframes.
This is a bullish reversal pattern formed by two candlesticks. Following a downtrend,
the first candlestick is a down candlestick which is followed by an up candlestick
which has a long real body that engulfs or contains the real body of the prior bar.
The Engulfing pattern is the reverse of the Harami pattern.
WARNING:
- This script to...
Balance of Power indicator - Useful tool for finding great Timing upon Entering Postions and Existing Postions, Also Useful for finding Normal and Hidden Divergences
This is a beginner script, any feedback is welcome.
It indicates a bull trend with or without volume (yellow and green arrow) and give a buy signal (green flag) once the trend is "confirmed" and the stock became good for the buy market.
I look forward to make this for a bear market as well, but it's not good for now.
Symbols and its meanings:
Yellow Arrows...
thanks to @tradingroomapp for the inspiration, after seeing their post it was an easy script - twitter.com
^^see link for instructions on how to use on the daily timeframe
This RSI script will show you the following things:
When the RSI moves between the green lines (40 - 80++) we are in a Bull market.
If the RSI moves between the middle green and red line (40-60) we have some sideways action.
And yes, when the RSI is between the red lines (60 - 20--) we can say that we are in a Bear market.
The dashed lines in between are on...
This RSI script will show you the following things:
When the RSI moves between the green lines (40 - 80++) we are in a Bull market.
If the RSI moves between the middle green and red line (40-60) we have some sideways action.
And yes, when the RSI is between the red lines (60 - 20--) we can say that we are in a Bear market.
The dashed lines in between are on...
There are a red base line on chart.
If crossunder the base line , we can treat it as bear market. If crossover baseline , we can treat it as bull market.
you can setting the base line number yourself for some special case.
I am using T3 moving averages to generate the idea of what kind of bias I should take in a current market.
So, how does this works?
When the close is higher than T3EMA10, the trend direction is upwards,
When the close is lower than T3EMA10, the trend direction is downward.
Using this, we can assume that there is higher probability for market to continue it's...
This script lets you setup 2 EMA time frames and color codes the short line (signal) based on if it is above or below the longer term line (baseline)
When the short time frame crosses up the short line turns green and draws a green bar down to signal upward cross.
When the short time frame crosses down the short line turns red and draws a red bar down to...
Identify Divergences on 6 oscillators simultaneously.
From the bottom up.
0 to 1 (black): MACD
1 to 2 (green): Elders Force Index
2 to 3 (blue): RSI
3 to 4 (purple): Awesome Oscillator
4 to 5 (red): Commodity channel index
5 to 6 (orange): Stochastic
You can change the identification of the divergence in the settings and use the Oscillator Divergences ...
Hi Traders,
Bear vs Bull Trend indicator helps you to determine the trend direction easily. Using this indicator, you will not need to look for the cross-over anymore. You can simply choose your favorite Trend detection indicator from the properties (sma, wma, ema, linear). I usually use Linear trends.
Disclaimer: All the information in this article, including...
This is an accumulation of small buy orders and a complete sell order strategy, that can be used for manual trading or for a trading bot. The strategy is based on stockastic divergences ( an indicator that I made myself and is published on my profile earlier ), and I added my personnal touch of course. Note that the bullish and bearish stochastic divergences are...
View Total Volume, Bull Volume, and/or Bear Volume. View Volume Effectiveness to reveal how Volume has effected the price. View the Moving Average of any of the above metrics, selecting one or more types of moving averages(SMA, EMA, RMA, SWMA, VWMA, WMA, or ALMA). Create nearly infinite crossovers by activating the Secondary Moving Average and choosing a longer...
a Indicators for using alarms.
It captures a strong buying moment or momentary strong buying.
Basically, it is made for the purpose of catching and trading when the TPVI index is bouncing.
How to use is as follows.
Once you have registered TPVI 1,2,3,4 and TPVI ALERT 1,2,3,4.
The reason why there are four versions is because it exceeds the maximum number of...
The Automatic Fib Retracement - Silver script indicates the 50-61.8% pullback region.
The lines of the upper and lower pivots, the support and resistance areas are also highlighted.
Customisable Fib Length - Time period over which max and min pivots are chosen.
Offsetfib - Automatically offsets the pivots and buy zone as your entry position
will be some time...
![EURUSD: Balance of Power [Lake Oats]](https://s3.tradingview.com/p/PlFyPOzT_mid.png "Balance of Power [Lake Oats]")
![LSKBTC: 08-2018 Stochastic 5m [ALERT SETUP] [INDICATOR]](https://s3.tradingview.com/m/MA0gobkt_mid.png "08-2018 Stochastic 5m [ALERT SETUP] [INDICATOR]")
