What is this Indicator used for?
Made specifically for GRID Bots
note: before continuing... this indicator works on any timeframe, but it WORKS BEST ON THE 15 MINUTE TIMEFRAME
Straters and Forex Master Pattern Value Line Traders use this to help determine when the price could reverse.
This indicator is a scalping indicator that produces signals when a...
Display all numbers or choose from 6, 7, 8 and 9 to reduce the clutter
Support and resistance
Customizable labels, several styles are available
Identifies turning point in the trending price of an asset or an index.
On any time frame, if the chart of an asset shows nine consecutive candles above or below the closure of four candles prior, then it prints a...
Choose to display numbers from 6, 7, 8 or only 9, showing a colored dot until the last number is reached to reduce the clutter
Support and resistance
Customizable labels, several styles are available
Identifies turning point in the trending price of an asset or an index.
On any time frame, if the chart of an asset shows nine consecutive candles above or...
Pinbar Detector is a technical analysis tool designed to detect Pinbar patterns in financial markets. Pinbars are reversal patterns that indicate a potential change in trend.
This indicator is based on an existing Pinbar detector in MQ4/5 format, originally developed by "earnforex".
The PineScript version is written to work in TradingView, and can be applied to...
Relative Price Volume is an indicator which shows anomalies between price and volume on a chart over a given period. The goal is to identify potential reversal and/consolidation areas for price as it relates to volume. It is a simple variation of a Volume at Price indicators. It can also be used to mark potential support and resistance lines on the chart as...
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About the script:
This script is an easy-to-use trend indicator, which is based on another popular indicator called "Supertrend" . The basic idea is very simple, i.e. to compute Average...
=== Musashi-Fractal-Dimension ===
This tool is part of my research on the fractal nature of the markets and understanding the relation between fractal dimension and chaos theory.
To take full advantage of this indicator, you need to incorporate some principles and concepts:
- Traditional Technical Analysis is linear and Euclidean, which makes very...
The indicator calculates a fast price filter based on the closing price of the underlying asset. Overall, it is intended to provide a fast, reliable way to detect trend direction and confirm trend strength, using statistical measures of price movements.
The algorithm was adapted from Marcus Schmidberger's (2018) article "High Frequency Trading with the MSCI World...
Pivot Points High/Low, sometimes referred to as "Bar Count Reversals" allows highlighting market prices local tops and bottoms. This method compares the price value at a certain index within a user-specified window length and tests whether it is the highest (pivot high) or lowest (pivot low).
This method can return successive pivots of the same type, thus missing...
The following script detects regular and inverted horn patterns. Detected patterns are displayed alongside their respective confirmation and take profit levels derived from the pattern measure rule. Breakout of the confirmation levels are highlighted with labels.
This script is a continuation of the educational idea regarding horns patterns.
Settings
...
The general idea of using SwingArms is to provide a visual confirmation of a trend change.
Green for bullish (BUY)
Red for bearish (SELL)
A color-coded system providing an easy way for a novice to understand.
Converted to TradingView based on the work of Jose Azcarate.
I hope you guys enjoy.
K's reversal indicator I is a special combination between Bollinger bands and the MACD oscillator. It is a contrarian indicator that depends on the following conditions:
• A buy signal is generated whenever the current market price is below the 100-period lower Bollinger band while simultaneously, the MACD value must be above its signal line. At the same time,...
This script is adapted from TKP's long/short indicator to initiate buy/sell indications when price crosses the T3 moving averages, and when the T3's themselves cross. Bars change colors based on price over/under T3 and T3 up or down or This allows for simple visual analysis of trend direction along with entries, exits, and stop loss values.
This indicator highlights points where price significantly deviates from a central level. This deviation distance is determined by a user-set value or using a multiple of a period 200 Atr and is multiplied by successive values of the Fibonacci sequence.
Settings
Method: Distance method, options include "Manual" or "Atr"
Size: Distance in points if the...
LeveLeledc - Exhaustion levels (InSilico)
Method for zero confirmation support/resistance level detection using Leledc Exhaustion Bars
Study is extension/mod of glaz script ,its implementing simple but unorthodox use-case for "Leledc Exhaustion Bars"
More information on core function in source scripts page ->
P.s Written...
An outside reversal candle set up script with buy/sell signals. Looks simple but it's pretty powerful especially if combined with your choice confirming indicator.
The pattern psychology is this one (Frank Ochoa explanation): " The power behind this pattern lies in the psychology behind the traders involved in this setup. If you have ever participated in a...
Returns a moving average allowing the user to control the amount of lag as well as the amplitude of its overshoots thanks to a parametric kernel. The indicator displays alternating extremities and aims to provide potential points where price might reverse.
Due to user requests, we added the option to display the moving average as candles instead of a solid...
Hello Traders,
This is " ZigZag with Fibonacci Levels " script. It finds the ZigZag, draw Fibonacci lines and put labels accordingly. I get many requests for this script, so here it is.
You can set ZigZag period as you wish. Bigger numbers (such 20, 30) may give better perspective and result.
It draws Fibonacci levels between 0%-100% and If the price goes...
![GRTUSDT: PinBar Detector [Mr_Zed]](https://s3.tradingview.com/j/J8MbCjOY_mid.png "PinBar Detector [Mr_Zed]")
![ETHUSDT: Price Filter [AstrideUnicorn]](https://s3.tradingview.com/f/FKP3e10S_mid.png "Price Filter [AstrideUnicorn]")
![BTCUSD: Pivot Points High Low & Missed Reversal Levels [LuxAlgo]](https://s3.tradingview.com/o/OxJJqZiN_mid.png "Pivot Points High Low & Missed Reversal Levels [LuxAlgo]")
![BTCUSD: Horns Pattern Identifier [LuxAlgo]](https://s3.tradingview.com/e/eyakzwYP_mid.png "Horns Pattern Identifier [LuxAlgo]")
![BTCUSD: Fibonacci Progression with Breaks [LuxAlgo]](https://s3.tradingview.com/x/xyCba4gl_mid.png "Fibonacci Progression with Breaks [LuxAlgo]")
![RAYUSD: Adjustable MA & Alternating Extremities [LuxAlgo]](https://s3.tradingview.com/m/Mk7UyOFU_mid.png "Adjustable MA & Alternating Extremities [LuxAlgo]")
