Overview: The ORB (Opening Range Breakout) strategy combined with Heikin Ashi candles and Relative Volume (RVOL) indicator aims to capitalize on significant price movements that occur shortly after the market opens. This strategy identifies breakouts above or below the opening range, using Heikin Ashi candles for smoother price visualization and RVOL to gauge the...
The FVG Positioning Average indicator aims to uncover potential price levels of interest by averaging together recent Fair Value Gap (FVG) initiation levels. This indicator is grounded in the theory that significant buying or selling activity is the primary catalyst for creating FVGs. By averaging together the prices where each FVG initiated, we may potentially...
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...
Title: Time Zone PS Indicator Author: Orlando Depablos Description: The Time Zone PS Indicator is a tool designed to help traders visualize different trading sessions on their charts. It allows users to specify three different trading sessions: the start of the day, the London session, and the New York (NYC) session. Each session is represented by a distinct...
Dear Analysts and Traders, I want to introduce my new indicator - sVPSA - standardized Volume Price Spread Analysis. For me, this script is helpfully in Technical Analysis mainly with Wyckoff and VSA methodologies. Maybe You are in circle of people who used my previous script - normalized Volume Price Spread Analysis. I work with him a lot of time, but I come to...
💎 GENERAL OVERVIEW Introducing our new ICT Silver Bullet Indicator! This indicator is built around the ICT's "Silver Bullet" strategy. The strategy has 5 steps for execution and works best in 1-5 min timeframes. For more information about the process, check the "HOW DOES IT WORK" section. Features of the new ICT Silver Bullet Indicator : Implementation...
This is fork of the previous Astro: Planetary Channel Lines indicator that now includes over a dozen different celestial bodies, made possible after the most recent update of the AstroLib library. Celestial Body Channel Lines is an approach to financial astrology that involves using the positions of the celestial bodies to predict trends and patterns in the...
Library "swinglibrary" This library is for calculating non-repainting swings for further calculation on them. These swings can later be drawn, but drawing is not part of this library, only the calculation. What do I need to use the library? You better include the following constants into your script using this library: int SWING_NO_ACTION = 0 int...
🌟 Smart Money Interest Index by AlgoAlpha 🌟 Welcome to the innovative Smart Money Interest Index indicator, designed meticulously by AlgoAlpha to revolutionize the way you trade! 📈🧠 This indicator is engineered to decipher the activities of smart money investors relative to the less informed (dumb money) and dynamically display their dominance in the trading...
Relative Average Extrapolation (ChartPrime) is a new take on session averages, like the famous vwap . This indicator leverages patterns in the market by leveraging average-at-time to get a footprint of the average market conditions for the current time. This allows for a great estimate of market conditions throughout the day allowing for predictive forecasting....
This indicator is to be used on srcipts in Futures Segment. 1. It visually displays in tabular format the change in open interest and the change in price compared to the previous day. 2. It also displays the scenario where open price of session is near high price of session or low price of session, indicating a emergence of strong sellers or strong buyers from...
The script calculates and displays probability bands around price movements, offering insights into potential market trends. Setting Up the Script Window Size: Determines the length of the window for the Nadaraya-Watson estimation. A larger window smooths the data more but might lag current market conditions. Bandwidth: Controls the bandwidth for the kernel...
█ OVERVIEW This script, inspired by the "Ultimate Channels and Ultimate Bands" article from the May 2024 edition of TASC's Traders' Tips , showcases the application of the UltimateSmoother by John Ehlers as a lag-reduced alternative to moving averages in indicators based on Keltner channels and Bollinger Bands®. █ CONCEPTS The UltimateSmoother , developed by...
This TradingView script combines RSI trend analysis with FVG (Fair Value Gap) detection to identify potential buy and sell opportunities in financial markets. The script is customizable and provides extensive visual feedback directly on the chart, enhancing both strategic entry and exit points for traders. Raw code of FVG was taken from LuxAlgo Features FVG...
Overview: The EMA-Based Relative Strength Labels indicator provides a dynamic method to visualize the strength of price movements relative to an Exponential Moving Average (EMA). By comparing the current price to the EMA, it assigns labels (A, B, C for bullish and X, Y, Z for bearish) to candles, indicating the intensity of bullish or bearish behavior. Key...
Hello everyone, In this indicator, you will find 6 different entry and exit signals based on the RSI : Entry into overbought and oversold zones Exit from overbought and oversold zones Crossing the 50 level RSI cross RSI MA below or above the 50 level RSI cross RSI MA in the overbought or oversold zones RSI Divergence With the signals...
This indicator combines two powerful technical analysis tools into one: the Volume Profile Bar-Magnified Order Blocks and Strong Demands and Offers. The Volume Profile Bar-Magnified Order Blocks identifies and highlights significant areas of volume and price on the chart, helping traders identify zones of high liquidity and potential trend reversal areas. With...
Description: This TradingView script implements a trading strategy based on the Moving Average (GM-8), the Average Directional Index (ADX), and the second Exponential Moving Average (EMA). The strategy utilizes these indicators to identify potential buy and sell signals on the chart. Indicators: GM-8 (Moving Average 8): This indicator calculates the average...