"He who does not know how to make predictions and makes light of his opponents, underestimating his ability, will certainly be defeated by them." (Sun Tzu - The Art of War) ▮ Introduction The Stochastic Momentum Index (SMI) is a technical analysis indicator that uses the difference between the current closing price and the high or low price over a specific time...
The three-day rolling pivot is another pivot concept, which may be used by intermediate positions, for several days or even weeks. It can be utilized in many ways, such as to determine an entry point or trailing stop. As the name suggests, this pivot is based on the last three days. I learned this concept of the book "The logical Trader" by Mark Fisher. Kudos...
The Spectral Gating (SG) Indicator is a technical analysis tool inspired by music production techniques. It aims to help traders reduce noise in their charts by focusing on the significant frequency components of the data, providing a clearer view of market trends. By incorporating complex number operations and Fast Fourier Transform (FFT) algorithms, the SG...
█ OVERVIEW This indicator automatically draws dynamic higher timeframe support and resistance lines from preceding peak to current peak and from preceding trough to current trough. In the example above I have applied the indicator three times; one for the 1D trendlines (red), one for the 4H trendlines (orange) and one for the 2H trendlines (green). █ ...
█ OVERVIEW This indicator automatically draws dynamic support and resistance lines from preceding peak to current peak and from preceding trough to current trough. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. • A red candle is one that closes with a low price that is...
█ OVERVIEW This indicator simply plots multi-part return line downtrends and should be used in conjunction with my Return Line Uptrends, Downtrends and Uptrends indicators as a visual aid to my Trend Counter indicator. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. •...
█ OVERVIEW This indicator simply plots multi-part uptrends and should be used in conjunction with my Return Line Uptrends, Downtrends and Return Line Downtrends indicators as a visual aid to my Trend Counter indicator. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. •...
█ OVERVIEW This indicator simply plots multi-part downtrends and should be used in conjunction with my Return Line Uptrends, Uptrends and Return Line Downtrends indicators as a visual aid to my Trend Counter indicator. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. •...
█ OVERVIEW This indicator simply plots multi-part return line uptrends and should be used in conjunction with my Downtrends, Uptrends and Return Line Downtrends indicators as a visual aid to my Trend Counter indicator. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. •...
█ OVERVIEW This indicator counts the number of confirmed trend scenarios on any given candlestick chart and displays the statistics in a table, which can be repositioned and resized at the user's discretion. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. • A red candle is...
█ OVERVIEW This indicator counts the number of confirmed candle trend scenarios on any given candlestick chart and displays the statistics in a table, which can be repositioned and resized at the user's discretion. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. • A red...
█ OVERVIEW This indicator counts the number of confirmed swing high and swing low scenarios on any given candlestick chart and displays the statistics in a table, which can be repositioned and resized at the user's discretion. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it...
English - Introduction This indicator uses a standard RSI of 14 periods, however, instead of using static lines of 70 and 30 to identify overbought and oversold zones, a moving average band is added, similar to the Bollinger Bands indicator. Español - Introducción Este indicador utiliza un RSI estándar de 14 períodos, sin embargo, en lugar de utilizar líneas...
This is the GlobalGDP of the richest and most populous countries It is measured in USD The countries included are the same than are included in my Global M2 indicator, as of to be able to compare them side to side.
"This code creates a technical analysis indicator used to calculate and visualize the WillyCycle oscillator and double moving average indicators on the price of a financial asset. The functionality can be summarized as follows: *Calculate the WillyCycle oscillator: The WillyCycle is an oscillator calculated based on the highest and lowest values of an asset. This...
█ OVERVIEW This indicator counts the number of confirmed candle scenarios on any given candlestick chart and displays the statistics in a table, which can be repositioned and resized at the user's discretion. █ CONCEPTS Green and Red Candles A green candle is one that closes with a high price equal to or above the price it opened. A red...
Fair Value Gap indicator: Paints FVGs and their midlines (CEs). Stops painting when CE is hit, or when fully filled; user choice of threshold. This threshold is also used in the Alert conditions. ~~Plotted here on ES1! (CME), on the 15m timeframe~~ -A FVG represents a 'naked' body where the wicks/tails on either side do not meet. This can be seen as a type of...
Ectopic Bar is an indicator that highlights a pin-bar candle that has divergence in it's shape and volume delta. To find volume delta, code of standard Up/Down volume indicator has been used. PIN BAR : pin bar are marked by using Close Range option parameter. Default value is set to 0.35 which implies any candle that closes in the 35% of its high/low will be...