- A candle is marked as anchor bar if there are two lower lows(C1 and C2) after the anchor bar compared to the anchor bar. It can be immediate next two bars or can be after as well. The highest point between the anchor bar and the two lower lows is called Small Pivot High. In some cases after the SPL is drawn you will find a different highest point. In that case...
Relative Volume and Average True Range are critical for quick decision-making and managing risk. Even if the setup is there for a day trade, having a high relative volume on the name helps with confirmation to put on the risk. Additionally, using ATR to define your risk is a very helpful way to quickly size your trade in the moment. This indicator provides the...
This scripts shows a tool which enables switching between settings without opening the settings In this case you can switch between a RSI of 3 different tickers, 3 different higher timeframes, and 4 different lengths. How does it work? The position of a 'time line' is compared with the position of a box. Changing the position of the line changes the...
EMA Slope/Angle Oscillator, Multiple Moving Average Oscillator, Multiple type Moving Averages HMA,EMA,WMA,SMA, VWMA,VWAP provided. The angle is calculated between the Slow MA and Fast MA and the difference between the angle is plotted as Histogram. Additionally Buy Sell Signals are plotted as green and red Dots. its very easy to judge the movement of price...
Hello All, This is an educational work and it's developed to show how to write scripts that will work like built-in volume indicator. We have new features in Pine Script™ Language, such chart.bg_color, chart.fg_color, chart.left_visible_bar_time, chart.right_visible_bar_time and many more. Many Thanks to Tradingview and Pine Team for such great additions!...
The Scot Signal Indicator is intended as a Scalping Resource. It was designed to work best on the ❗❗ 5 MINUTE CHART with Bitcoin ❗❗ / USD & USDT pairs. 🟡🔼🔽 Yellow Triangles : these are pre-signals. If the triangle is Pointing Down, then look for a possible Short to come, and vice-versa for Upward facing triangles will go Long. ...
This is a risk management tool First click is your entry Second is your stoploss Thirs is your target Fill your capital, the amount available to trade (the amount you have in the exchange perhaps), and your risk percentage and it'll tell you your position size and the leverage you can use Any recommendations, drop it in the comments, thanks.
To use indicator you need to provide enter and stop prices(you can drag these lines also). Also you able to set your Account Size in USD, Risk in % and Commission you pay your broker per lot. Indicator calculates all this information and provides you with Lot Size(with commission) you need to open a position and target prices for 2R and 3R(also includes...
The Heikin Ashi Volatility Percentile (HAVP) Oscillator was inspired by the legendary Bollinger Band Width Percentile indicator(known as BBWP), written by Caretaker, and made famous by Eric Krown, a famous influencer. This script borrows aspects of the BBWP indicator which enables the HAVP oscillator to visually match the look and feel of BBWP and allows similar...
This indicator simply plots the central bank’s interest rates of the countries below. United States Japan EU United Kingdom Australia New Zealand Canada Switzerland —————————— 各国中央銀行の政策金利を表示するインジケーターです。
Level 2 Background Sylvain Vervoort’ articles in the Aug issues on 2018,“The V-Trade, Part 6”. Function In “The V-Trade, Part 6: Technical Analysis—Divergence Indicators” in the August 2018 issue of STOCKS & COMMODITIES, author Sylvain Vervoort introduces a modified version of the stochastic RSI, an indicator that was first introduced by Tushar Chande and...
Updated: 3 Bar Typical Price (Offset 1 Bar) 1 Bar Open Price Crosses are Opening Crossings of Typical Price Squares are Intraday Close over Typical Price Line Graph is Close, with colors Short, Medium, and Large Fractal Wave Moving Averages Format is Price Action Thanks
This indicator uses the very popular Williams Vix Fix for Bottoms by Chris Moody but not only does it search for bottoms, it can also be switch to work for tops for those who look to short the market. I've also added in a few options like flipping the indicator, color adjustments on the settings page, as well as cut a few of the options I feel did not need to be...
Level 2 Background John Ehlers’ articles in the July issues on 2019,“Fourier Series Model Of The Market”. Function In “Fourier Series Model Of The Market” in this issue, author John Ehlers introduces a Fourier series indicator designed to help traders identify cycles in the market. According to the author, the approach based on five principles outlined by J.M....
This script will attempt to find the location of the third wave in the Elliot Wave Theory. The bars will become highlighted when possible wave 3 criteria is met. Multiple bars in a row may have a painted background. The point at which the bars are no longer painted will potentially be at or near the end of wave 3. The background paints a baby blue for wave 3s in...
This indicator shows you the most convenient buying times. It helps you lower your average and earn high profits by purchasing incrementally.
This indicator marks key pivot levels across two higher timeframes, longer term, and medium term. When a pivot high or low is detected at the higher timeframe, a line is plotted in the future. The user may select timeframes and pivot sensitivities in the indicator settings. As no calculation is involved, the levels are identified purely from historical...
A Typical Price Drummond Line, with a Floor Pivot Open Signal Line. The Three Day Average, is not offset. The crossing is significant in many strategies. The circle is an intraday crossing. The crosses are the signal openings. Caution: divergence can cause a false positive. This strategy is for Daily Bars Only! Thanks.