This strategy looks for strong price movements with a high chance of a reversal on the difference in the rates of 6 currency pairs. A combination of ADX DI- and ATR is used for confirmation.
Added the ability to close trades by TP and SL to the strategy. (off by default)
Built-in martingale and reverse martingale (off by default)
The lot size is set in the...
Dear Traders,
Trendlines are the one particular word ever trader would definitely know what it is. But the way it gets applied on to the chart is the one thing which needs to debated on. Traders definitely love to trade Trendline breaks like the way I do.
When it comes to Trendlines , we generally categorize them based on the Major Trendline and Minor Trendline,...
This is the PALindicator - this is where the price action happens, PAL stands for Price Action Lines
----------
What is this indicator showing?
- there are 4 lines to work with
- red and yellow lines represents bearish levels
- blue and green lines represents bullish levels
- you can understand this indicator as dynamic support & resistance ...
The ORB with Price Targets Script will display the Opening Range (15 minutes of the open session by default) High and Low. It will then render upper and 2 lower Price Target Levels based on 50% and 100% profit targets of the Opening Range.
The opening range is customizable in the settings, where you can choose from 5 minute, 15 minute, or 30 minute Opening...
This indicator displays immediate Pivot Highs/Lows compared to the current price as lines on the chart. It can be useful to identify support/resistance.
Big thanks to @LudaCode for the missing pivots script. Carried my dumpy trucky badoinkadoink.
This is an elevated pivot script that follows the 3 candle pivot rule (strictly) and does not miss pivots like williams fractals.
Missing pivots marked by transparent circles are derived pivots, giving you a higher resolution for price action.
Colored bars show potential...
This version of the camarilla pivot points will provide daily or weekly S3, S4, R3 and R4 Levels.
This release is intended to help you declutter your charts by not having too many lines but still getting the benefit of clearly seeing where the key camarilla levels are, which can help with identifying market structure and potential market extremes.
It has the...
A simple indicator that uses Pivot Points as a filter and to generate a Directional Bias .
How to use this indicator?
1. Directional Bias
Bullish => Closing Price > Pivot Point
Bearish => Closing Price < Pivot Point
2. Support / Resistance
Each Pivot Points can be used as Support or Resistance
3. Take Profit Targets
Each Pivot...
Pivot Points High/Low, sometimes referred to as "Bar Count Reversals" allows highlighting market prices local tops and bottoms. This method compares the price value at a certain index within a user-specified window length and tests whether it is the highest (pivot high) or lowest (pivot low).
This method can return successive pivots of the same type, thus missing...
Concept of Supply and Demand Zones
The concept of supply and demand zones is confusing to some traders. And most tend to believe it's not a concrete concept to be relied upon as they don't exactly know where to draw the lines precisely that best represents the supply and demand zones.
A demand zone is where most traders placing their buy order based on the...
Script to ploy Bolded Pivot and Intermediate Pivots based on the TraderLion Daily Plan.
To use the automatic alerts, you need to open the add alert menu and select BP / IP as the Condition and then select the add any alert() function call. Otherwise, you can select and create your own alerts for crossing any of the BP or IP levels. Alerts work best when setting...
Show Higher timeframe Pivot Point along with 3 support/Resistance and mid line between them
Option to show the Monthly lines, with or without mid line, and can select the color
Option to show the Weekly lines, with or without mid line, and can select the color
Option to show the Daily lines, with or without mid line, and can select the color
Option to show a...
My entire trading style is built on finding stocks in stage 2 uptrends that are building healthy bases and exhibiting volatility contraction patterns (VCP).
I look for price tightening on the right hand side of the base to find low risk entries.
This Mini Coil indicator is nothing but one way of visualizing tight trading ranges. It essentially plots a box around...
Indicator fills background color on the chart for different markets around the world.
This can be helpful in some markets to understand after hours and premarket price action. User can study if there is correlation between highs/low in whole session or open/close of different markets.
Tokyo, Hong Kong and Shanghai are Asian Markets in Red are combined
Bombay,...
One from many harmonic pattern that consists of two equivalent price legs. The ABCD pattern that helps traders predict when the price is about to change direction.
Tracing And Calculation
This code using pivot high and pivot low built-in method and calculate with Fibonacci Retracement.
Limitation
To find ABCD pattern is very difficult, just coming up a few...
V V V V V V V Please Read V V V V V V V
I ask Peter and he is fine, that im published this script
Tell me if you have some ideas or criticism about that sricpt
>>>>>>>>>> This is a modified Version of Peter_O's Momentum Based ZigZag <<<<<<<<<<<
This is only a test, and i want to share it with the community
It works like other ZigZags
Because Peters_O's...
This indicator plots distribution / accumulation.
Distribution is when price falls by 0.2% and volume is 1.25 times the 20 day average volume.
Opposite is accumulation.
If there are 5 distibution days in a span of 20 days then market direction is confirmed down.
William O Neils method. Parameters tweaked based on Indian markets and my experience.
![BTCUSD: poopivs [ULTIMATE PIVOT HIGHS AND LOWS]](https://s3.tradingview.com/q/qwtkAamq_mid.png "poopivs [ULTIMATE PIVOT HIGHS AND LOWS]")
![BTCUSD: Pivot Points High Low & Missed Reversal Levels [LuxAlgo]](https://s3.tradingview.com/o/OxJJqZiN_mid.png "Pivot Points High Low & Missed Reversal Levels [LuxAlgo]")
![BTCPERP: Modified QQE-ZigZag [Non Repaint During Candle Building]](https://s3.tradingview.com/f/fJVMc2eU_mid.png "Modified QQE-ZigZag [Non Repaint During Candle Building]")
