🔵 Introduction "Zigzag" is an indicator that forms based on price changes. Essentially, the function of this indicator is to connect consecutive and alternating High and Low pivots. This pattern assists in analyzing price changes and can also be used to identify classic patterns. "Zigzag" is an analytical tool that, by filtering partial price movements based on...
This indicator combines elements of the Average True Range (ATR) and the Directional Movement Index (DMI) to create adjusted directional lines. The core of this indicator lies in its calculation of the Adjusted Directional Movement (ADM), which provides a refined measure of price movement. Unlike traditional ATR calculations, which solely rely on the high-low...
Fusion Traders - RSI Overbought/Oversold + Divergence Indicator - new version This indicator has lots of various add ons. RSI overbought / oversold with changeable inputs Divergence indicator DESCRIPTION: This script combines the Relative Strength Index ( RSI ), Moving Average and Divergence indicator to make a better decision when to enter or exit a trade. -...
This indicator is useful for whom trade with "Smart Money Concept (SMC)" strategy. It helps SMD traders to identify fake or weak zones in the chart, So they can avoid taking position in this zones. This indicator marks "Asia session" as well as "London and New York's Lunch Time (one hour before London and NY session starts)" zones. It also marks Inside Bar...
This indicator is designed for traders and analysts who employ Machine Learning (ML) techniques for cross-validation in financial markets. The script visually segments a selected range of historical price data into splits and batches, helping in the assessment of model performance over different market conditions. User Theory In ML, cross-validation is a...
Contract Size Calculator - Overview Description: The "Contract Size Calculator" is an innovative Pine Script indicator designed for traders seeking to optimize their risk management through precise contract size calculations. This tool enables traders to define their risk amount in dollars and risk per point, which it then uses, in conjunction with market...
**SHIBO v6 - Fibonacci Impulse Analysis Indicator** *By Shahab Sadeghi (@shahabs2004)* **Overview:** Welcome to SHIBO v6, a revolutionary Fibonacci Impulse Analysis Indicator designed to harness the power of a unique chart pattern. The script employs a reverse Fibonacci methodology to identify powerful impulses that first reach Fibonacci level 0.382, experience...
Trending RSI takes a new approach to RSI intended to provide all of the missing information that traditional RSI lacks. Questions such as "why does the price continue to decline even during an oversold period?" can be aided using the Trending RSI. These types of movements are due to the market still trending and traditional RSI can not tell traders this. ...
Description: The "Equal Highs and Lows" indicator is a technical analysis tool designed to aid traders by identifying and marking equal price levels directly on the trading chart. This indicator helps in spotting potential support and resistance zones by drawing lines between points where the price has formed equal highs or lows over a specified lookback period....
🔶Description: "Previous Key Levels " serves as an indicator to identify and visualize previous key levels in the price action of financial instruments. These key levels include previous highs, lows, equilibrium points, and open prices across different timeframes such as daily, weekly, and monthly. 🔶Key Features: Users have the flexibility to customize the...
Overview The Dynamic Momentum Gauge is an indicator designed to provide information and insights into the trend and momentum of a financial asset. While this indicator is not directional , it helps you know when there will be a trend, big move, or when momentum will have a run, and when you should take profits. How It Works This indicator calculates...
I developed the 'Machine Learning Breakouts (from Pivots)' indicator to revolutionize the way we detect breakout opportunities and follow trend, harnessing the power of pivot points and machine learning. This tool integrates the k-Nearest Neighbors (k-NN) method with the Euclidean distance algorithm, meticulously analyzing pivot points to accurately forecast...
🔶Description: The "Ichimoku Slope Filtered Signals" indicator is designed to provide trading signals based on the Ichimoku Cloud indicator while incorporating a slope filter. The Ichimoku Cloud is a comprehensive indicator that defines support and resistance, identifies trend direction, and provides trading signals. This script enhances the traditional...
The Asia Liquidity Points Indicator is a powerful tool designed for traders to identify key liquidity points during the Asia trading session. This script is tailored specifically to aid traders in capitalizing on the unique characteristics of Asian markets, providing invaluable insights into liquidity zones that can significantly enhance trading decisions. Key...
Welcome to the Trend with Mathematical Approach! 🚀 This tool uses a unique mathematical approach to help you spot potential trend beginnings in the market. By analyzing the derivative of closing prices and applying a specialized moving average, SmartTrend identifies key points where a new trend might be starting. 🟢 Green arrows show potential BUY...
Volume Spread Analysis with Trend Direction is an indicator designed to Identify trend based volume spread. Volume Spread Trend This is a very simple yet powerful to identify Trend and corresponding volume Breakout. Unlike other Volume Indicators this indicator detects Breakout along with trend direction. One can detect the Early breakout in volume using...
𝙃𝙄𝙂𝙃𝙀𝙎𝙏-𝙇𝙊𝙒𝙀𝙎𝙏 𝙏𝙍𝙀𝙉𝘿 𝙄𝙉𝘿𝙄𝘾𝘼𝙏𝙊𝙍 Overview: The "Highest-Lowest Trend" indicator helps traders identify trends based on the highest and lowest values within a specified period. It provides visual cues to understand potential trend changes, making it a valuable tool for technical analysis. Settings: Length and Offset: Adjust the length and offset parameters...
█ Overview The Timely Opening Range Breakout (TORB) indicator builds upon the classic Open Range Breakout (ORB) concept. The ORB strategy is a popular trading setup used to identify trades around the opening range of an asset. It's based on the idea that the first few minutes (15-60 minutes) of trading often set the tone for the rest of the day, with breakouts...