Hey everyone, Back with another indicator! I have been trying to do this indicator for like months (over 6 months). I gave up on it a few times and then finally reapproached it in a different way and was able to get it working successfully! This is the pivot point target price indicator, let's get into how it works! How it works: The indicator keeps track...
What’s the purpose of this indicator? This indicator is designed to integrate probabilities with liquidity levels, while also providing a mechanical method for identifying market structure by using Fractals by Williams. ---- How does this indicator identify market structure? This script identifies breaks of market structure by analyzing candle closures...
**Title**: Red Candles with Green Precedent Indicator **Description**: This TradingView indicator is designed to help traders identify potential reversal or continuation patterns based on the appearance of consecutive red candles following a green candle. The script marks a region starting from a green candle that precedes at least four consecutive red...
Introducing the Pivot Profit Target! This script identifies recent pivot highs/lows and calculates the expected minimum distance for the next pivot, which acts as an approximate profit target. The image above details the indicator's output. The image above shows a table consisting of projection statistics. How to use The Pivot Profit Targets can be...
4H-50/50 tool is a way to visualize top down analysis. • There are three boxes illustrated on the chart - One box shows the past 4 hour time frame's high, low and center - One box shows the past 12 hour time frame's high, low and center - The last box is the current 4 hour time frame's high, low and center • Four hour blocks start on specific...
This script will draw horizontal lines at user-specified levels on a trading chart, which is especially useful for marking key support and resistance levels. Explanation: Indicator Definition: The indicator function sets up the script with the name "Draw Horizontal Lines" and specifies that it should overlay the price chart. Processing Levels: The...
This indicator aims to identify price levels where price action has quickly reversed from. These "pivots" establish major levels where major liquidity is located. Unlike standard support and resistance levels, when price breaks below or above a pivot, these pivots disappear from the chart. Comes with various customization features built to fit all. Features ...
Multi-TimeFrame Support and Resistance w/ Strength Rating Short Description: This indicator identifies key support and resistance levels on your chart and rates their significance based on a unique strength rating system. By analyzing price action across multiple timeframes, it helps you make informed trading decisions and understand the market structure more...
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...
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...
For traders that use the London Killzone session high/low to project possible take profit targets. The indicator will determine the current day London killzone high and low range and draw a range box to the right of the last candle on the chart. Drawing to the right of the chart keeps the workspace cleaner. The high/low range is then used to project Standard...
Psychosis - Bitcoin is a cutting-edge TradingView indicator inspired by the "spiderline" methodology, which has gained acclaim for its precision in marking critical market junctures. Our script uniquely adapts this method by plotting key lines from significant price movements between 2018 and the peak of 2019. Remarkably, these lines have not been updated since...
Indicator draws several most important weekly levels on the lower timeframe: last week high/low, halfback, week close and current week open. These levels often act as support/resistance for price movements. Also, they can help to assess week character and control of power. Indicator can be used on any timeframe, lower than weekly, for any type of instrument,...
Description: The Market Structure RSI is an innovative indicator that combines the power of the Relative Strength Index (RSI) with market structure analysis to provide a unique perspective on the market. This indicator helps traders identify potential trend reversals and trading opportunities by analyzing the underlying market structure and generating overbought...
Profile market behavior in horizontal zones Profile Sidebar Buckets pointing rightward indicate upward security movement in the lookahead window at that level, and buckets pointing leftward indicate downward movement in the lookahead window. Green profile buckets indicate the security's behavior following an uptrend in the lookbehind window. Conversely, Red...
This indicator is designed to detect buying and selling opportunities in financial markets by tracking peak and bottom points to identify potential reversal points, providing investors with potential entry and exit signals. How It Works? Peak and Bottom Definition: The indicator calculates the highest (peak) and lowest (bottom) prices for specified periods. These...
This indicator is for viewing and checking the results of a specific strategy simultaneously on 25 currency pairs. Results such as number of trades, wins, losses, canceled trades and most importantly win rate. Long condition is as follows: Short condition is as follows: An Alert Fibo Level is built in to indicate the buy or sell status. Reset Deal...
Name: "Binance-Bybit Cross Chart: Spot-Perpetual Correlation" Category: Scalping, Trend Analysis Timeframe: 1M, 5M, 30M, 1D (depending on the specific technique) Technical analysis: This indicator facilitates a comparison between the price movements shown on the Binance spot chart and the Bybit perpetual chart, with the aim of discerning the correlation between...