The "Line in the Sand" idiom applies perfectly to the Previous Session Close (PSC) price which is the 4 PM ET cash close for ETF and Stocks as taught in the Sector Secrets Mastery and Daytrading Playbook class in 2022, as well as many years as a mentor and teacher. What does it say about price? Above this level increases the probability for upside continuation ...
//@version=4 //@Author: AdventTrading //This indicator was made to allow three moving averages to be displayed without needing to use up 3 charting indicators individually study(title="Triple Moving Averages with EMA Touch Alert", shorttitle="TEMA", overlay=true) // Checkbox's for the other 2 MA's a = input(true, title="Enable 2nd MA") b = input(true,...
Our Century Levels Indicator provides unique insight into key price-action levels within the market that can serve as powerful support and resistance levels. These levels are updated automatically in real time to display only the most relevant levels, facilitating your trading experience. The Century Levels are automatically generated purely from price-action;...
Indicador basado en 8 indicadores - RSI - MACD - ADX - EMAs (35, 50, 200) - Dos Cruces de EMAs Con señal parametrizable y con opciones de pintado de velas para resaltar tendencia de compra y venta.
This script grabs the closing price of the previous trading day's regular session, then plots horizontal lines at user-defined increments above that price.
Annotation in volume bars, to highlight accumulation (green) or distribution (red) days.
Hello traders This script adds large, medium and low EMAs to your chart In the dashboard settings, you can change the ema values according to your own strategy.
A simple script that highlights candles that occur on Mondays. Useful for drawing out Monday ranges or for simple range analysis.
MC B's Money Flow made by Simon. Represents the macro trend depending on the chosen timeframe.
Gann counting is a method for identifying swing points,trends, and overall market structure. It simplifies price action by drawing short trend lines that summarize moves. There's essentially 4 types of bar/candle. Up bar - Higher high and higher low than previous bar Down bar - Lower high and lower low than previous bar Inside bar - Lower high and higher low...
Introduction This publication introduces the " Fibonacci Retracement Trend Reversal Strategy, " tailored for traders aiming to leverage shifts in market momentum through advanced trend analysis and risk management techniques. This strategy is designed to pinpoint potential reversal points, optimizing trading opportunities. Overview The strategy leverages...
Introduction This is a new representation of my well-known oscillator Hybrid Overbought/Oversold Detector overlaid on the chart. The script utilizes the following 12 different oscillators to bring forth a new indicator which I call it Hybrid OB/OS . Utilized Oscillators The utilized oscillators here are: Bollinger Bands %B Chaikin Money Flow (CMF) ...
Presenting the Pineconnector RSI Strategy, a robust approach tailored for identifying favorable entry and exit points in uptrending assets across various markets such as cryptocurrencies, stocks, and gold. This strategy amalgamates Heikin Ashi candlestick patterns and the Relative Strength Index (RSI) to navigate potential price fluctuations effectively. Core...
The Volume Indicator provides a visual representation of trading volume, expressed in U.S. dollars, directly on your chart. It multiplies each candle's closing price by its volume to compute the volume in dollar terms, offering a clearer perspective on market activity relative to price movements. Features: Volume Calculation: The indicator calculates the volume...
Components of the Indicator RSI Settings: The RSI is set with a length parameter, which can be adjusted by the user but defaults to 14. This measures the speed and change of price movements. MACD Settings: The MACD is composed of two lines: the MACD line and the signal line, which are calculated from exponential moving averages (EMAs) of different lengths...
The "Bullish Candlestick Patterns With Filters" is a trading indicator that identifies 6 core bullish candlestick patterns. This is further enhanced by applying channel indicator as filters, designed to further increase the accuracy of the recognized patterns. 6 CANDLESTICK PATTERNS Hammer Inverted Hammer Bullish Engulfing The Piercing Line The...
Library "XXPivotsBreakouts" Utilizes k-NN machine learning to predict breakout zones from pivot points, aiding traders in identifying potential bullish and bearish market movements. Ideal for trend-following and breakout strategies. breakouts(pivotBars, numNeighbors, maxData, predictionSmoothing) Detects and predicts breakout points from pivot...
Script Features Dynamic Period Choice: The user can adjust the calculation period (period) for relative performance, allowing flexibility according to specific market analysis needs. Sector Selection: The script takes into account different economic sectors through well-known ETFs like QQQ (technology), XLF (financial), XLY (consumer discretionary), XLV...