This Script can be used as a simple stencil to draw SR regions as per the ATM Strike prices of the stock. The difference in the input section is the difference in between the strike prices in the option chain (for ex. Nifty Bank's difference is 100Rs). The Script is completely input based and try to update your settings once you change a script/stock.
Period Separator All Timeframes This script allows you to add customizable period separators on your TradingView charts. You can select the timeframe for the separators, and they will only be visible on the same or lower timeframes. This is useful for visually distinguishing different periods, such as hours, days, or weeks, directly on your chart. How to Use:...
An indicator that gives you the "heads up" that that bullish/ bearish strength is increasing. I wanted an indicator that could give me the "heads up" that bullish/ bearish strength is increasing. This would help me get into a breakout early or avoid entering a breakout that had a high probability of failure. Here are my definitions for this indicator: My...
█ OVERVIEW The Average Candle Range is a powerful indicator that compares the size of the current bar to past bars. This comparison can be used in a wide variety of trading strategies, allowing traders to understand at a glance the relative size of each candle. █ USAGE As each candlestick forms, two bars will be plotted on the indicator. The grey bar...
A simple R/R indicator that allows you to input your entry price and stop loss (in ticks). Then, your take profit levels are R-multipliers based on your stop loss. You can have up to 5 take profit levels on your chart. There is also a function to indicate if it is a long or short setup. You can also set alerts with this script, allowing you the ability not to have...
The "CAGR - Candle based BackTester" is a tool for traders and investors seeking precise insights into individual candle performance! Do you want to backtest based on candles and understand their CAGR? Curious about the average CAGR of all candles? Interested in comparing how an individual candle performs against others? Then this tool is your go-to...
█ OVERVIEW The Candle Wick Shadows Indicator identifies untested wicks in real time that occur when there is an imbalance in the number of buyers and sellers at a price-level. This imbalance occurs when a market exchange receives too many of one kind of order, and not enough of its counterpoint. Candle Wick Shadows is a powerful trading indicator that will...
█ OVERVIEW The Candle Wick Retest Indicator identifies untested wicks in real time that occur when there is an imbalance in the number of buyers and sellers at a price-level. This imbalance occurs when a market exchange receives too many of one kind of order, and not enough of its counterpoint. Candle Wick Retest is a powerful trading indicator that will...
█ OVERVIEW The Swing Pivots indicator uses relevant price-action information to identify key levels of Support and Resistance. Traders will be able to use current day Swing Pivots as well as mirror higher time frame Swing Pivots to gain a stronger understanding of overall market strength and key levels. The aim of this script is to improve the users trading...
█ OVERVIEW The Power Trends Indicator is a versatile trading toolkit that offers unique insight into key price levels in the market. This script uses currently relevant price-action information to automatically detect pivot levels and use them to create powerful trendlines. The aim of this script is to improve the trading experience of users by offering a...
█ OVERVIEW Fair Value Gaps are price jumps caused by the imbalance buying and selling pressures in trading and are most commonly used amongst price action traders. Fair Value Gaps are formed via a three-candle sequence in which a large candle’s neighbouring candles’ upper and lower wicks do not fully overlap the large candle. The Fair Value Gaps Indicator also...
General Overview The "Six Pillars" indicator is a comprehensive trading tool that combines six different technical analysis methods to provide a holistic view of market conditions. These six pillars are: Trend Momentum Directional Movement (DM) Stochastic Fractal On-Balance Volume (OBV) The indicator calculates the state of each pillar and presents...
Overview The Fisher Transform on RSI indicator combines the Relative Strength Index (RSI) with the Fisher Transform to offer a refined tool for identifying market turning points and trends. By applying the Fisher Transform to the RSI, this indicator converts RSI values into a Gaussian normal distribution, enhancing the precision of detecting overbought and...
1. What is this indicator about? The "Comprehensive Market Overview" indicator provides a holistic view of the market by incorporating several key metrics: Close Price: Displays the current close price below each candle. Percent from All-Time High: Calculates how far the current close price is from the highest high observed over a specified period. RSI (Relative...
Overview The Markov Chain Trend Indicator utilizes the principles of Markov Chain processes to analyze stock price movements and predict future trends. By calculating the probabilities of transitioning between different market states (Uptrend, Downtrend, and Sideways), this indicator provides traders with valuable insights into market dynamics. Key Features ...
Indicator Description : This indicator combines several trading concepts to provide an overall view of intraday selling opportunities. It includes the following elements: Daily Range: Measures the daily price range between the highest and lowest points of the day. Helps understand daily volatility and identify potential support and resistance levels. Asia...
Title: "First 5-Minute Candle Box Indicator" Description: Introducing the "First 5-Minute Candle Box" indicator for TradingView! This powerful script is designed to help traders visualize and analyze the high and low prices of the first 5-minute candle of each trading day. By clearly marking this crucial price range, traders can gain valuable insights into...
This indicator implements a Consistent ATR (Average True Range) Trailing Stop that maintains uniform behavior across various chart timeframes. It's designed to provide traders with a reliable tool for setting dynamic stop-loss levels that adapt to market volatility while remaining consistent regardless of the chosen chart interval. Key Features: 1. Consistent ATR...