"Auto Gann KEYLVLS" indicator can be a valuable tool for traders, especially those who employ Gann theory in their analysis. Here are some ways to effectively use this indicator: Identifying Key Price Levels: Gann lines are known for their ability to identify key support and resistance levels. Use the plotted Gann lines to identify significant price levels where...
Market Slayer (i) This script is designed to provide insights into market trends and generate trading signals based on a combination of moving average crossovers and trend confirmation. It aims to assist traders in identifying potential entry and exit points in the market. Input Parameters: Trend Timeframe: Allows the user to specify the timeframe for trend...
Single Prints - Bright is a Pine Script indicator designed to identify and visualize significant price levels based on the concept of "single prints." Single prints are price levels where trading activity occurred but with little or no follow-up trading. This indicator plots these levels as lines on the chart, allowing traders to easily identify areas of potential...
This indicator, "Entry Tool," was coded at request for Sandmann . It is designed to provide traders with real-time feedback for strategizing entries, exits, and liquidation levels for trades initiated at that given moment. The tool visualizes average entry prices, stop-loss levels, multiple take-profit targets, and potential liquidation prices, offering a...
Hello everyone, This exceptional indicator provides you with visual representations of bullish and bearish order blocks or supply and demand zones across multiple timeframes. In simple terms, bullish order blocks are represented by a small red candle followed by a large red candle, while bearish order blocks are depicted as a small green candle followed by a...
Overview The Performance Metrics indicator is a tool designed to help traders and investors understand and utilize key performance metrics in their strategies. This indicator is inspired by the Rolling Risk-Adjusted Performance Ratios created by @EliCobra, but it offers enhanced usability and additional features to provide a more user-friendly code for...
### Description for TradingView Publication **Title:** Williams %R OB/OS Candle Coloring **Description:** This Pine Script indicator enhances the visibility of market conditions by changing the color of the candlesticks based on the Williams %R values. It helps traders quickly identify overbought and oversold conditions without the need to display the Williams...
Simple script to identify FVGs (Fair Value Gaps) on the current chart timeframe. The script differs from other FVG indicators on the Tradingview platform by using Arjos 3rd candle rule to identify which gaps are 'Breakway Gaps' and which Gaps are likely to be returned to. NOTE: As with all 'trading rules' this theory is not 100% accurate. default...
The Phaser indicator is a tool to help identify inflection points by looking at price relative to past prices across multiple timeframes and assets. Phase 1 looks for the price to be higher or lower than the closing price of the bar 4 bars earlier and is complete when 9 consecutive bars meet this criterion. A completed Phase 1 is considered perfect when the...
I've noticed that many Pine coders calculate buy and sell volumes by considering the volume of a bullish candle as buy volume and the volume of a bearish candle as sell volume. However, I believe this approach isn't very logical, especially for candles with long wicks like pinbars. Therefore, I've devised a method to calculate the buy and sell volumes of a...
The Slow Volume Strength Index (SVSI), introduced by Vitali Apirine in Stocks & Commodities (Volume 33, Chapter 6, Page 28-31), is a momentum oscillator inspired by the Relative Strength Index (RSI). It gauges buying and selling pressure by analyzing the disparity between average volume on up days and down days, relative to the underlying price trend. Positive...
I forgot to bring my notes again... Ever feel like your trading notes are all over the place, much like your portfolio after a market dip? Worry not! With this script, you'll have all your trading notes, tasks, and brilliant (or not so brilliant) ideas neatly organized right on your chart. It's like having a sticky note board, but way cooler and without the risk...
Hey people! Thanks for using Expansion Candles. I designed this tool to help me identify price runs (expansions) based on consecutive bullish or bearish candle closes and then trade continuations on the lower timeframes. Here's what makes it awesome: How Does It Work? An “expansion” is confirmed after multiple closes above the previous candle’s high (in the...
The script uses the previous candle of the current timeframe to assess the state of the current candle. 1. Previous candle high/low and midpoint are displayed 2. Highlights current bar if INSIDE previous candle 3. Highlights current bar if POTENTIAL OUTSIDE bar. This condition uses the logic that if the previous high/low has been swept and price then reaches...
The COT reports for futures-only Commitments of Traders and for Futures and Options Combined Commitments of Traders are collected on Tuesdays and published every Friday at 3:30 p.m. Eastern time. The raw data is available free of charge on the Commodity Futures Trading Commission (CFTC) website. Use it to get a better understanding on which side the smart money...
The Normalized Z-Score indicator is designed to help traders identify overbought or oversold conditions in a security's price. This indicator can provide valuable signals for potential buy or sell opportunities by analyzing price deviations from their average values. How It Works : -- Z-Score Calculation: ---- The indicator calculates the Z-Score for both high...
Papercuts Recency Candles V0.8 by Joel Eckert @PapercutsTrading ***This is currently an experimental visual exploratory concept.*** *** Experimental tools should only be explored by fellow coders and experienced traders.*** DESCRIPTION: As coders, how can we seamlessly transition between actual and smoothed price data sets as data ages? This is a...
**WORKS BEST ON 30M TIMEFRAME** This indicator, titled "Untested Levels with Timeframes" is designed to identify and visualize price levels within different timeframes that have not been tested recently. Here's a breakdown of its benefits and usage: Identifying Untested Price Levels: The indicator helps traders identify support and resistance levels that...