The Traders Trend Dashboard (TTD) is a comprehensive trend analysis tool designed to assist traders in making informed trading decisions across various markets and timeframes. Unlike conventional trend-following scripts, TTD goes beyond simple trend detection by incorporating a unique combination of moving averages and a visual dashboard, providing traders with a...
Hi! This indicator "Crypto/DXY Scoring", a multi-purpose script, consists of various comparison statistics (including an alternative RS/RSMOM model) to show the strength of a currency against the DXY. Features "Contrived" RS/RSMOM alternative model Compare the strength of the crypto currency on your chart to any asset (DXY default) Glass's ∆ ...
The Vortex-Based Divergence Indicator represents a groundbreaking approach to analyzing market dynamics within the realm of technical analysis. Drawing inspiration from the concept of vortices and their cyclical patterns, this indicator strives to illuminate potential divergence points within financial markets, providing traders with valuable insights for informed...
This indicator is a visual percentile rank indicator that can display 1 to 5 sources at one time. The options: “Sources” Choose the number of sources you would like to display. The minimum is 1, the maximum is 5. “Label percent position” The label for the current percentage of where the source candle ranks. “Label position” This displays the source/s you’ve...
The Support and Resistance Signals MTF indicator aims to identify undoubtedly one of the key concepts of technical analysis Support and Resistance Levels and more importantly, the script aims to capture and highlight major price action movements, such as Breakouts , Tests of the Zones , Retests of the Zones , and Rejections . The script supports...
DESCRIPTION Based on version by leojez. Adds a 3rd standard deviation level. Twice as fast as original version. Refactored and simplified source code. HOW TO USE Load your chart Adjust the timeframe and zoom of the chart so that the trend you're interested in is in view. Add the indicator Use the measuring tool to measure the number of bars from the...
The "Engulfing Box & Lines" indicator aims to spot and highlight Engulfing candlestick patterns within a trend. These patterns can provide valuable indications of a possible trend reversal, and the indicator underlines them through the use of colored rectangles and horizontal lines. To fully understand the functioning and use of this indicator, let's explore its...
This indicator uses the strength of the trend from ADX to decide how the SuperTrend (ST) should behave. Motivation ST is a great trend following indicator but it's not capable of adapting to the trend strength. The ADX, Average Directional Index measures the strength of the trend and can be use to dynamically tweak the ST factor so that it's sensitivity can...
This is the momentum based probability indicator. What it does? This takes the average of MFI, Stochastics and RSI and plots it out as an independent oscillator. It then tracks bullish vs bearish instances. Bullish is defined as a greater move from open to high than open to low and inverse for bearish. It stores this data and these averages and plots these...
Support and Resistance Levels and Zones Indicator is an enhanced support and resistance indicator in that typical support and resistance levels are crucial concepts in technical analysis representing price levels where selling or buying momentum tends to halt, typically leading to a price reversal. The Support and Resistance Levels and Zones Indicator goes beyond...
The "Swing Point Oscillator with Trend Filter" is a sophisticated trading oscillator designed to enhance trading decisions by adapting to market conditions. Oscillators typically signal overbought/oversold market states, often yielding false signals in strong trends. This trend indicator addresses this by implementing a 'Trend Filter' which changes color in strong...
This is Part 1 of 2 from the 42MACRO Recreation Series The CE - 42MACRO Equity Factor Table is a whole toolbox packaged in a single indicator. It aims to provide a probabilistic insight into the market realized GRID Macro Regime, use a multiplex of important Assets and Indices to form a high probability Implied Correlation expectation and allows to derive extra...
This script provides you with several indicators that will enable you to mimic MarketSmith charts, even with a free TradingView plan. You can use this script with my ' EPS & Sales ' indicator. MarketSmith-style bars The script offers an original approach to managing candlesticks within the code, making them almost identical to those on MarketSmith. For a...
The indicator calculates a time-decayed moving sum of volume data for both bullish (green) and bearish (red) candles. It then generates a volume share oscillator as a smoothed and weighted (time-decayed) moving sum of bullish volume (positive share) or bearish volume (negative share) relative to the total volume. The volume share is displayed as an area chart...
The Support and Resistance Oscillator is an experimental script I created to identify when the current price breaks a support or resistance line and reflect this value in an oscillator formula. This indicator uses a threshold to decide the dividing line between buying and selling points. Feel free to change the threshold or smoothing settings to see if you find...
The Machine Learning Regression Trend tool uses random sample consensus (RANSAC) to fit and extrapolate a linear model by discarding potential outliers, resulting in a more robust fit. 🔶 USAGE The proposed tool can be used like a regular linear regression, providing support/resistance as well as forecasting an estimated underlying trend. Using RANSAC...
Introduction: The LineBreak Indicator is a technical tool designed to assist traders in identifying potential trend reversals or continuations using a unique charting method known as Line Break charts. This indicator overlays Line Break chart patterns on the main price chart and generates Buy and Sell signals based on specific price movements. In this guide, we...
📈 Purpose: This script provides traders with a clear visualization of the percentage variation from the opening price for two major futures contracts: ES1! (S&P 500 futures) and NQ1! (Nasdaq 100 futures). 🔑 Key Features: Real-Time Price Retrieval: Fetches the latest opening prices for ES1! and NQ1! contracts. Percentage Variation Computation: Determines the...