I wrote this strategy about a year ago, but decided to publish it just now. I have not been able to implement this strategy in the market. If you can, then I will be happy for you. This strategy is based on my "Botvenko Script". (It finds the difference between the logarithms of closing prices from different days.) (Check this script in my profile) Then the...
This indicator is a formula that includes 4 different zones which are different sizes based on the ticker you decide to use. It was optimized for SPY and other market ETFs but works well for all stocks on the market. The formula puts a zone at the previous day's high and low, and the previous 5 day's high and low. These zones are meant to be used as support and...
Introducing the Reverse PMAR & PMARP Concept The PMAR/PMARP is an indicator which calculates : The ratio between a chosen source price and a user defined moving average ( Price Moving Average Ratio ). The percentile of the PMAR over an adjustable lookback period ( Price Moving Average Ratio Percentile ). Here I have reverse engineered the PMAR / PMARP...
Introduction Initial Balance (IB) refers to the price data that is formed during the first hour of a trading session. It is an important concept in trading as it provides insights into the market's opening sentiment and potential trading opportunities or reversals for the day. There are multiple trading sessions throughout the day. The most popular, the NY...
Thanks For Ogirinal Source Script From mladen for Engulfing Script and @KP_House, @JusInNovel, @jdehorty for Dashboard and Indicator Original From X4815162342 MA TYPE Cross Edit For Forex Engulfing and HH LL Trading Style Let's Me Explain About This Indicator LightGreen Diamond "3Engulfing" is Bullish Confrim Engulfing 3 Candle LightRed Diamond "3Engulfing"...
█ OVERVIEW This indicator automatically draws inverse head and shoulders patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price that is lower...
█ OVERVIEW This indicator automatically draws head and shoulders patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price that is lower than...
█ OVERVIEW This indicator automatically draws descending inverse head and shoulders patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price...
█ OVERVIEW This indicator automatically draws descending head and shoulders patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price that is...
█ OVERVIEW This indicator automatically draws ascending inverse head and shoulders patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price...
//Purpose: This indicator combines several tools to help traders track and interpret price action/market structure; It can be divided into 4 parts; 1. CHoCHs, 2. Nested Pivot highs & lows, 3. Grade sweeps, 4. FVGs. This gives the trader a toolkit for determining market structure and shifts in market structure to help determine a bull or bear bias, whether it be...
█ OVERVIEW This indicator automatically draws ascending head and shoulders patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price that is...
█ OVERVIEW This indicator automatically draws descending broadening patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price that is lower...
█ OVERVIEW This indicator automatically draws descending wedge patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price that is lower than the...
█ OVERVIEW This indicator automatically draws ascending broadening patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price that is lower than...
█ OVERVIEW This indicator automatically draws ascending wedge patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price that is lower than the...
█ OVERVIEW This indicator automatically draws broadening patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price that is lower than the price...
█ OVERVIEW This indicator automatically draws wedge patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price that is lower than the price it...