VEMA is a custom indicator that enhances the traditional moving average by incorporating market volatility. Unlike standard moving averages that rely solely on price, VEMA integrates both the Simple Moving Average (SMA) and the Exponential Moving Average (EMA) of the closing price, alongside a measure of market volatility. The unique aspect of VEMA is its...
ICT HTF MSS & Liquidity provides higher timeframe view of where the liquidity may reside and when higher timeframe market structure shift has occurred. In his 2022 mentorship, ICT has advocated used the 15m chart to watch for liquidity and looking for lower timeframes for entry (5m,4m,3m,2m,1m). Liquidity will reside above pivot points and ICT pivot points are...
Day Open,High,Low Fibonacci Levels indicator depicts Fibonacci levels from Highest to lowest price levels vis-à -vis Day Open Price. The indicator is structured based on default Intraday number of bars. Hence the indicator and Gray Zone concept is effective in lower time frames .The indicator has also “Regular” Check in Box option under “Input” with default 14...
NDOG (New Day Opening Gap) Visualization: The indicator identifies and visualizes New Day Opening Gaps (NDOGs), which are essentially the differences between the opening price of a new trading day and the closing price of the previous day. For each NDOG identified, it creates a box on the chart that highlights the high and low price range of the NDOG. The color...
đź“ŁThe present indicator is a MACD based buy/sell signals indicator with support and resistance, that can be used to identify potential buy and sell signals in a security's price. đź“ŁIt is based on the MACD (Moving Average Convergence Divergence) indicator, which is a momentum indicator that shows the relationship between two moving averages of a security's...
Made this fun little indicator. It is another showcase one, just demonstrating the ETF library that contains the top 10 holdings of various US-based ETFs, as well as a breakdown by sector. The indicator is defaulted to auto settings. This means it will automatically populate with ETF data when you are on that ETF chart. If you are on another chart, it will...
This script would find the 8 famous "Japanese Candle Stick Patterns" in your chart. Please be aware it find patterns in "Potential price zones" only, which help you to avoid none-important patterns during a price trend. I used RSI and ATR in my codes to find best candle forms and price conditions. *** This indicator shared before but without source code....
Pullback and Throwback candles can help traders determine the the potential reversal points USAGE The indicator identifies pullback and throwback in overbought and oversold zones by measuring the distance between the price and its relative strength index. A Pullback is an expected rebound in a downtrend (painted in green area), while a Throwback is a...
Do you love Fibonacci ratios/levels? Have you ever thought to apply them to individual bars? If you are not familiar with these ratios and their significance, you can read about them here: www.investopedia.com This simple indicator applies Fibonacci levels on the previous bar. This enables the quick determination of how far the current bar retraced relative...
Time-it = Time based indicator The Time-it indicator parses data by the day of week. Every tradeable instrument has its own personality. Some are more volatile on Mondays, and some are more bullish / bearish on Fridays or any day in between. The key metrics Time-it parses is range, open, high, low, close and +volume-. The Time-it parsed data is printed in a...
The "Session Fibonacci Levels" indicator is a powerful tool designed for traders who aim to use Fibonacci retracement and extension levels in their trading strategy. The indicator combines Fibonacci levels with customized trading sessions, allowing traders to observe and utilize Fibonacci levels that are automatically calculated for each defined session. This...
INFO: This indicator is useful for trending assets, as my preference is for low-frequency trading, thus using BTCUSD on 1D/1W chart In the current implementation I find two possible use cases for the indicator: - as a stand-alone indicator on the chart which can also fire alerts that can help to determine if we want to manually enter/exit trades based on the...
This is not your average, boring RSI indicator. This indicator is still an RSI (momentum) indicator, but I have converted the line into candlesticks. It has an option to make it glow neon blue to make it look cooler (dark background recommended for full effect). There is a red zone at 70, because of course, and a green zone at 30 for the same reason. On top of...
The Dynamic 5-Day Moving Average (MA) indicator is designed to provide traders with a consistent, time-adjusted moving average line across various timeframes. This indicator is especially useful for traders who switch between multiple timeframes and want a moving average that represents a fixed 5-day period, ensuring that the MA reflects a consistent lookback...
This script shows you the Highs and Lows from multiple candels from some different timeframes. They are the 1D, 1W, 4W (a month basically), and 3M (a quater). The indicator offery you many customization option to make it look how you like it best
Description: The " - Catching trend for the Pips" indicator is designed to help traders identify potential trend reversal points and capture significant price movements, with a focus on both daily and weekly perspectives. **Friday Close Analysis:** This component of the indicator concentrates on the Friday close of each week. The script displays visual elements...
The Liquidation Meter aims to gauge the momentum of the bar, identify the strength of the bulls and bears, and more importantly identify probable exhaustion/reversals by measuring probable liquidations. 🔶 USAGE This tool includes many features related to the concept of liquidation. The two core ones are the liquidation meter and liquidation price...
If you are not yet familiar with OTT, this script could provide an introduction to help you get started. "Optimized Trend Tracker" (OTT) is an effective trend-following indicator created by Anıl Özekşi . It aims to detect the current trend direction based on an elegant mathematical construct. The key defining characteristic of OTT is its reliance on a...