Uncover hidden patterns and potential reversal zones with the Diamond Grids Indicator. This script introduces a unique approach to visualizing price extremes within a specified range, aiding traders in identifying critical support and resistance levels. The indicator dynamically calculates and displays diamond-shaped grids based on user-defined short and long...
💎 GENERAL OVERVIEW Introducing the new Fibonacci Golden Wave indicator! This indicator plots the Fibonacci golden zone from the last highs / lows instead of the pivots so that the resulting zone is shaped like a "wave". We believe this will help you to see the latest trend of the Fibonacci retracement levels easier. For more information of the working progress of...
Volume Based Coloured Bars: Most of the time traders are confused about if the price movements were supported by VOLUME . This indicator colors the bars into volume weighted signals... When prices go down bars are red and contraversely when up, bars are green. Additionally we have two more colors for each situation: PRICE BARS ARE: DARK RED when prices go down...
Description: The "Squeeze Momentum TD" is our unique take on the highly acclaimed TTM Squeeze indicator, renowned in the trading community for its efficiency in pinpointing market momentum. This script is a tribute and an extension to the foundational work laid by several pivotal figures in the trading industry: • John Carter, for his creation of the TTM...
Indicator Overview The Ichimoku Bala indicator is a modification of the traditional Ichimoku Kinko Hyo indicator that aims to improve its effectiveness in identifying trend reversals and potential trading opportunities. It incorporates additional lines, such as the Senkou Span B--0 line, to provide more nuanced insights into price movements. Input...
This script mainly works on BTC on the daily timeframe. Other coins also show similar usefulness with this script however, BTC on the daily timeframe is the main design for this script. (Please note this is not trading advice this is just comments about how this indicator works.) This script is predictive. It colors the background yellow when the script...
Auto TL & S/R Blocks by Nostalgic_92 This powerful TradingView indicator automatically identifies trendlines and support/resistance levels with dynamic transparency blocks, helping traders make informed decisions. Easily customizable, it offers adjustable parameters for lookback periods and transparency, allowing you to adapt it to your trading style. Key...
Description: The "Master Fren Jedi Helper" is a TradingView indicator designed to enhance trading analysis by plotting distinct lines at crucial times of the trading day. This indicator is an invaluable tool for traders who focus on intraday price movements and patterns around specific times. Its primary features include: Customizable Time Markers: The script...
This script finds a reversal zone beyond the opening range for the selected period. I borrowed most of the opening range script itself from asenski. I added a few things: Trade Entry Times -- this restricts the "alert times." Shading for the above mentioned times for the two "reversal" zones A couple of other visuals for lines for the hi, mid, low of the...
Introducing a simple script based off of the idea that ranges form from a point of origin that can be measured and produce interesting analysis indicating potential opportunities. Specifically I use this on daily and weekly anchorage to find mid range retracements once range has developed. Configure internal multipliers to provide potentially useful measurements...
The values of the Stochastic Levels on Chart indicator are calculated using Reverse Engineering calculations starting from default Stochastic formula : 100 * (close - lowest(low, length)) / (highest(high, length) - lowest(low, length)). I added options for users to define the Extreme Overbought and Oversold values, also simple Oversold and Overbought values of...
NSE:NIFTY "EXPONOVA @thejamiul," is designed to provide traders with a visual tool to analyze market trends and potential entry or exit points. Here's an overview of its features and functionality: 1. Dual Exponential Moving Averages (EMAs): The indicator utilizes two EMAs with different lengths - one set at 20 periods and the other at 55 periods. These EMAs...
This indicator offers a unique analytical perspective by comparing the market capitalization of MicroStrategy (MSTR) with that of Bitcoin (BTC) . Designed for investors and analysts interested in the correlation between MicroStrategy's financial performance and the Bitcoin market, the script calculates and visualizes the ratio of MSTR's market capitalization...
Presenting a mashup of the key elements I use for day-to-day trading: Volume, Z-Score, Autoregressive Forecasting, and a new addition, ANOVA analysis of variance. I've aptly named it "Math Trading Concepts" in a nod to established trading concepts like "Smart Money" and "liquidity," but it's also fitting because these elements are fundamental to most...
This is an indicator I made for trading Forex to help me see the bigger picture. It is meant for the 30min TF and it includes the following: - 20 Day High | Low - 5 Day High | Low - 4 Hour High | L - 4 Hour Bars - Daily Simple Moving Averages - Weekly Trend Line (connects last week's open to this week's open) - Daily Trend Line (connects yesterday's open to...
**Description:** - This script creates an indicator that combines an envelope and a simple moving average (MA). - The envelope is constructed using a specified length, percentage deviation, and source price (close by default). - The moving average is calculated based on a specified length and source price. **Inputs:** 1. Envelope: - Length: Number of periods...
The opening range or first 30 minutes of trading during the day sets the tone and becomes an important reference through the rest of the day. Price will react as it reaches the high and low of the opening range. Backtesting has shown that the strategies based on the opening range have merit and provide an edge in trading. By not being aware of these points of...
The "Smart Money Oscillator " is a premium and discount zone oscillator with BOS and CHoCH built in for further analysis of price action. This indicator works by first determining the the premium and discount zones by using pivot points and high/lows. The top of this oscillator represents the current premium zone while the bottom half of this oscillator...