The most overlooked but powerful indicator makes you see the markets for what they are. You will see how much the markets move on average per day. This is fantastic info if you are an intraday trader and want to set your take profit within the average range, so you have as high a probability as possible of reaching your take profit today. You can also trade...
Golden Slope is an ATR based trend tool that mixes KNN machine learning to allow you to confirm your entry and exits, which can give out significantly more accurate signals. Flag and rectangle signals are machine learning signals, they confirm an entry and exit position. You can use entry and exit signals alone but it's more accurate to confirm with machine...
Script for applying Federal Net Liquidity to the SPX post-2020 monetary policy. Original indicator from jlb05013 with adjustments to make it more readable and usable. When the indicator is above 250 the SPX is overbought and when it's below -250 the SPX is oversold. It's not perfect, I'm just publishing because I didn't see it already out there.
Another ZigZag, yes... I believe though this concerns another angle/principle, therefore I wanted to share How does it work? Given: source for level breach -> close X breaches -> 3 Let's say this is the latest found 'lower low' (LL - blue dot under bar): This bar has been triggered because 3 bars closed under low...
This brings together a number of variables to produce trend predictions that could be utilized as decision-making tools. Uses the aforementioned price and volume derivatives - A moving average and three weighted moving averages (WMA1, WMA2, WMA3) - Super Trend Line (ST) - Opening Range Breakout on Five Minutes, Resistance Bands Pocket pivots, support, and price...
Inspired by TradingView's "Chart VWAP". Thank you PineCoder for the "VisibleChart" library. This indicator plots labels for the highest high & lowest low for the visible bars on the chart. TradingView does by default have an indicator similar to this, however it plots labels on the y-axis & cannot be customized.
Weekly daily Pivot point for ease. This is will show support and resistance on 15 minutes and 30 minutes time frame.
👑 Automatic Fibonacci Retracement on Specific Timeframes + Golden Ratio | by Octopu$ Fibonacci Retracement is a method of technical analysis for determining support and resistance levels. It is named after the famous Fibonacci sequence of numbers: 23.6%, 38.2%, 61.8%, and 78.6% These ratios provide price levels to which markets tend to retrace a portion of a...
Created for the MarketCipher Community and friends :) This indicator is partly based on Wavetrend Oscillator by LazyBear / blue momentum waves on MarketCipher B. The Wavetrend indicator is a combination of 2 oscillator lines that signals the short term direction of the price once the lines cross. The Wavetrend indicator is useful but only once a divergence has...
█ This indicator shows an automatic Fibonacci retracement levels. This indicator is designed based on highs, lows, and trend interpretation to orientate the fibonacci retracement in the good direction. Fibonacci analysis uses a logical sequence of numbers to predict trends and price action. █ Usages: The Fibonacci retracement is used to identify hidden support...
This script is an alternative to It was developed to address user feedback / enhancement requests. The difference is that the 12 color settings are separate input variables, and therefore will retain their values across level input value changes, and support 'default' template saving.
Liquidity Heatmap This indicator plots a heatmap of resting liquidity above and below swing lows and multiple timeframes The darker the color is or the larger the zone is, the more liquidity is lying there. If you think there are too many zones, you can increase the timeframes in the settings or just disable it. Liquidity simply means orders such as...
Display Market Open and/or Premarket Open Labels are offset to the right of Lines You can adjust the number of opens back to display If you want to change the format of the label please read the tool tip Hope you enjoy FrizLabz
this indicator shows the CPR along with the pivots for the next day and in the live market. It would be easy to see the favorite stocks CPR in advance.
This Script can do multiple jobs in single indicator. Like -: Plot 3 SMA as per your inputs. Plot 3 EMA as per your inputs. Plot CPR Levels. Plot Pivot Levels. Plot Previous Day High Low. Indicator can used in Intraday stock trading, Positional Trading and options trading. Please Enjoy.
This indicator makes use of Pivot Points to identify liquidity pools. This simply means, highs and lows that the price should eventually take out (go towards) before reacting. In this current version (v1), I implemented multi timeframe pivot points, each with a custom line style and color. The x left/right bars are used to identify swing points, the number...
This script will allow to add CPR with Standard Pivots and 4 Indicators. Standard Pivot has 9 levels of support and 9 levels of resistance lines. It has CPR , 3 levels of Day-wise pivots , 3 levels of Weekly pivots and 3 Levels of Monthly Pivots . In Addition to the CPR and Pivot , this script will allow user to Add 4 more Indicators - SMA , EMA , VWAP and...