The cycles are separated by vertical lines. The first cycle (Q1) is marked with a red line because it is a manipulative cycle where you should not open positions. Other cycles are green (Q2, Q3, Q4).
You can add the time of the current candle, its size and position on the chart in the settings
The time is highlighted in red in the timeframes 9:30-9:40,...
This indicator focuses on identifying "SWEEPs" based on taking liquidity at highs and lows. The application of the SWEEP strategy is highly determinant in the Swing points, as they serve as the target of our operations.
ALERTS INCLUDED
🔹Example of Strategy Application
1.-Create the BULLISH SWEEP.
2.-You can enter LONG.
3.-If it is a BULLISH SWEEP, take a long...
Description of the "Enhanced High Volume Absorption" Indicator
The "Enhanced High Volume Absorption" indicator is a specialized trading tool designed for the TradingView platform, optimized for the 15-minute chart timeframe. It offers traders a unique approach to analyzing market momentum and strength by focusing on significant volume movements, which are often...
The "ADX and DI (Colored Candles Open-Source)" indicator is a technical analysis tool used in trading. It utilizes the Average Directional Index (ADX) and the Directional Movement Indicators (+DI and -DI) to assess the strength and direction of a price trend. The ADX is calculated based on a 14-period lookback and is displayed as a histogram.
The color of the ADX...
The "Dollar Volume Last 20 Candles" indicator, abbreviated as "DV", is a practical and insightful tool for traders and analysts.
This indicator focuses on enhancing the visualization of trading data by calculating and displaying the dollar volume for each of the last 20 bars on a financial chart. It achieves this by multiplying the closing price of each bar with...
View candles differently with this new indicator designed to simply visualise and analyse price movements on your chart!
The more vibrant the colour, the stronger the conviction of its respective candle.
This simple script calculates the closing price as a percentage within the candles high/low range. A colour/strength rating is then assigned to the candle...
The Simple Moving Average (SMA) is the most basic and widely used type of moving average. It’s calculated by taking the arithmetic mean of a given set of prices or data points over a specified period.
SMA = (P1 + P2 + ... + Pn) /n
Where
P1, P2, ... , Pn = prices of data points
n = number of periods
When a new SMA is calculated for a new candle stick, the...
Day first candle breakout Indicator
In this indicator script, we search for the high and low of the first candle of the day. After the breakout of either the high or low, we initiate a trade. This indicator is based on the breakout of the opening range of the first candle.
Buy Breakout -
1. Identify the high and low of the first candle of the day.
2. If there...
composition
- Consists of a thick trend line and a thin yellow line.
- The largest (green/red) lines indicate rising and falling markets.
- This line represents the 13-candle moving average of Tilson T3.
- The reason for 13 candles is because it best matches the recent market price based on Bitcoin.
- This value cannot be changed, so if you need it, please...
This indicator allows users to create their own arbitrary time frames for chart analysis. It features a moving average, providing an additional layer of analysis, and offers flexibility through various open settings.
In terms of user settings and usage, the indicator provides several options. Users can choose their interval style, opting for either tick-based or...
Best for Short-Term/Intraday Trading on SPY, TSLA, NVDA
Strategy Concept:
This strategy is designed for short-term trading across various assets and timeframes (Recommend: 1min, 5min, 15min, 1hr, 4hr, 1day). It leverages the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) to identify potential buy and sell signals. The strategy...
The Intraday Fibonacci Levels Indicator is a powerful tool designed to enhance trading decisions in intraday markets. Leveraging the dynamic nature of Fibonacci retracement levels, this indicator utilizes the high and low prices observed within the first 15 minutes of the trading session to plot key levels and establish potential entry and exit zones.
Key...
This indicator shows in a different way how to evaluate the BIAS Daily.
Evaluate yesterday's closed candle and that of the day before yesterday
The conditions are:
LONG BIAS =
Candle closed above High Candle [2 ]
- In this condition a long continuation can be considered
SHORT BIAS =
The candle closed below the low candle [2 ]
- In this condition a...
A useful indicator designed to display vertical line separators at specified periods, for example every hour or every 4 hours.
To use this indicator, you must be in a timeframe lower than the specified timeframe on the indicator.
I haven't found any other scripts that allow for custom time frames so I created my own :)
Let me know if you have any suggestions.
The "ORB With Buffer" is a comprehensive technical analysis tool designed to identify, plot, and visualize key levels associated with price breakouts. It offers a dynamic representation of breakout zones, buffer areas, target levels, and stop-loss levels on both sides of the market.
Key Features:
ORB Levels (Opening Range Breakout):
The indicator identifies and...
The script we've been working on is an indicator designed to display the high-low range of the last candlestick on a TradingView chart. It does so by plotting two lines: one for the high and another for the low of the last completed candlestick.
Additionally, the script includes a label that shows the numerical value of the high-low range. This label is...
Introduction:
The candlestick chart has been used for centuries since the Japanese applications. Based on the candlestick charting, people developed candle pattern analysis. Now we have tons of books or articles illustrating the usage of reversal patterns and continuation patterns, and computers provide a faster and preciser way to recognize these pattern....
This is upgraded version of existing Lot size Calculator from melodicfish.
I added CZK as a new base currency and translated the whole user interface into Czech language, so this version is made mainly for people from Czech Republic.
Here is the original code description from the original creator:
This is a public release of my Lot Size Calculator. I received a...
