█ Definition A divergence or missmatch occurs when an asset’s price is moving opposite to a specific technical indicator or is moving in a different direction from other relevant data. The divergence indicator warns traders and technical analysts of changes in a price trend, oftentimes that it is weakening or changing direction. Divergence or missmatch can be...
Hey everyone, this is the Autocorrelation Candles indicator! I have formulated it in a way that is similar to the TD 9 candle counting indicators, only instead of TD, its using a lagged autocorrelation of previous candle over a 14 period look back. It operates similar to trend correlations (for example, my Trend Correlation Oscillator Indicator), however...
This indicator generates Volume Profiles from which to display insights about recent Volume Points of Control and High Volume Nodes. Volume Profile is a way to view trading volume by the price where trades have occurred, rather than the time when they occur (as seen by traditional Volume indicators). By selecting a Resolution Timeframe (1m in this example),...
The Advanced Volume Analytics and Distribution Indicator is a sophisticated tool designed for financial analysts and traders who seek in-depth insights into market volume dynamics. This Pine Script-based indicator is a comprehensive solution, offering a rich set of features that analyze volume data using various statistical methods and theories. It's tailored for...
"Volatility Spectrum" is a useful technical indicator crafted for traders who prioritize precision in volatility analysis. This tool revolutionizes the traditional Average True Range (ATR) concept by offering a nuanced, multi-faceted view of market volatility. Key Features: Enhanced Volatility Insights: Seamlessly integrates standard ATR with an average ATR for...
Introducing the Candlestick Pattern Plotter, a comprehensive TradingView indicator designed to elevate your technical analysis by automatically identifying and plotting three essential candlestick patterns – Pin Bars, Engulfing Candles, and Inside Bars. This powerful tool equips traders with a holistic view of market dynamics, enabling them to make informed...
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...
Library "Functions" half_candle() Half Candles Returns: half candles (difference between open and close) super_smoother(source, len) Ehlers Super Smoother Parameters: source (float) : Source len (int) Returns: super smoothed moving average quotient(length, K) Ehlers early onset trend Parameters: length (int) : Length...
Description The Custom Dual SMA Indicator is designed for traders who wish to track and compare the moving averages of two different financial instruments simultaneously on the same chart, usually if there is correlation between to different asset such as TQQQ vs SQQQ. This indicator is particularly useful for those who engage in comparative analysis or pairs...
Welcome to the Daily Price Action Mastery Strategy, a powerful approach to navigating the financial markets using the purest form of market analysis – price action. This trading view strategy is meticulously crafted for those seeking a method that harnesses the daily price movements to make informed and strategic trading decisions. Key Features: Daily...
This indicator detect fake breakout on previous day high/low and option previous swing high and low Rule Detect Fake Breakout On Previous Day High/Low Or Swing high low Fake Breakout - 1) Detect previous day high/low or swing high/low 2) A) If price revisit on previous day high/swing high look for upside breakout after input ...
There are a plenty of Engulfing candle detecting indicators but every single of them detect engulfing candles engulfed by only single candle but sometime it take more then one candle to engulf the previous opposite candle, which is also considered as engulfing candle. So this script show both type of candles. Type of Engulfing Candles Normal Engulfing...
📊🚀 Introducing the "Median Proximity Percentile" by AlgoAlpha, a dynamic and sophisticated trading indicator designed to enhance your market analysis! This tool efficiently tracks median price proximity over a specified lookback period and finds it's percentile between 2 dynamic standard deviation bands, offering valuable insights for traders looking to make...
The "Swing Identifier" is a custom Pine Script indicator designed for use in the TradingView platform. It serves to visually identify and mark swing highs and swing lows on a trading chart, which are key concepts in technical analysis. This script is comprehensive and customizable, making it a useful tool for traders looking to pinpoint potential trend reversals...
The First Hour Market Range Indicator is a powerful tool designed to provide traders with valuable insights into the early price dynamics of financial markets. This indicator focuses on the crucial first hour of trading, capturing the range between the lowest and highest prices during this initial period. This information is particularly useful for day traders and...
Indicator Description: Cumulative Volume Price (Candle Body, High Low) This indicator features three cumulative plots that continuously accumulate values over time. Cumulative Volume Plot: The first plot displays the cumulative volume, calculated by continuously adding the volume values from zero. Cumulative Candle Body Width Plot: The second plot displays...
This script will display a histogram of the Uniswap V3 HEX / WETH 3% liquidity pool. Similar to what you can see in the liquidity section of the Uniswap pool page but conveniently rendered alongside your chart. It's meant to be used on a HEX / WETH chart only. The price should be expressed in WETH for it to work. One of the main motivations for using this in...
Monitor the drawdown (value of the drop between the highest and lowest points) of assets and act accordingly to reduce your risk. Introducing BDV, the incredibly intuitive metric that visualizes asset drawdowns in the most visually appealing manner. With its color gradient display, BDV allows you to instantly grasp the state of retracement from the asset’s...