Inspired and based on ismailcarlik's Trend Lines, Supports and Resistances. Additions include an overall upgrade to Pinescript v5, changes in the way resistance and support levels are calculated, improved visual queues, and additional customization options. This indicator is meticulously crafted to provide traders with visual tools for identifying trend lines,...
Introduction: Origin of the Swing Point Indicator In the quest for a reliable indicator that accurately predicts trend directions and identifies valid highs and lows, the genesis of the Swing Point Indicator emerged. Faced with the challenge of finding a tool that provided comprehensive market analysis and actionable insights, the need for a novel solution became...
Description in Russian follows. We present you indicator, that is developing trendline breakout strategies. Our team studied different trendline breakout strategies in all details and realised, that performance could be significantly improved by considering of additional parameters, that aren't in the original strategies. We tested it for 6 months on all markets...
We present you indicator, that is developing trendline breakout strategies. Our team studied different trendline breakout strategies in all details and realised, that performance could be significantly improved by considering of additional parameters, that aren't in the original strategies. We tested it for 6 months on all markets and after analysing of more than...
This script is a combination of several indicators and trading strategies. Let's break down each part: 1. MACD Indicator (My MACD Indicator – Nabil's Version): This calculates the Moving Average Convergence Divergence (MACD) using Heikin Ashi candles. It uses Exponential Moving Averages (EMA) to compute the fast and slow lengths and then calculates the MACD line,...
"AllTheUpsTheresAlwaysDowns" ☆ATUTAD☆ // w%r + ma indicator designed for forex trading. This indicator combines the Williams %R, moving averages, and session tracking. Key Inputs: Williams%Range Period: Adjusts the sensitivity of the Williams %R calculation. Moving Average Period: Defines the period for the moving average used in the indicator. ...
🔶 Description: The "Trend Lines with Breaks " indicator is designed to identify and visualize trend lines on a price chart, allowing traders to observe potential trend reversals or continuations. This script implements a method to draw trend lines based on pivot points (highs and lows) within a specified sensitivity range. It also provides an option to display...
The TrendLine Toolkit script introduces an innovating capability by extending the conventional use of trendlines beyond price action to include oscillators and other technical indicators. This tool allows traders to automatically detect and display trendlines on any TradingView built-in oscillator or community-built script, offering a versatile approach to trend...
VF v2 is a new iteration of my tool designed for traders who wish to gain a deeper understanding of market dynamics, specifically to distinguish periods of high volatility, which often correspond to strong market trends. By identifying these periods, traders can make more informed decisions, potentially leading to better trading outcomes. Understanding Market...
The Liquidity Trendline is an indicator designed to identify potential breakouts by utilizing pivot points. These pivotal moments can trigger significant market reactions, either by breaking out or by serving as breakout and retest signals. 🔶 FEATURES The indicator contains the following features: Period of the calculation Padding (spacing between the...
Trendline Scythes is a script designed to automatically detect and draw special curved trendlines, resembling scythes or blades, based on pivotal points in price action. These trendlines adapt to the volatility of the market, providing a unique perspective on trend dynamics. 🔲 Methodology Traditional trendlines connect consecutive pivot points on a price...
This indicator is designed to identify and track swing highs and lows in a given market on chart timeframe. It plots these swing highs and lows as solid lines on the chart. The indicator allows for customization of the line color and width. The selected timeframe trend is visually represented in a table located in the upper right corner of the chart. To enhance...
Our new "Trend Lines" indicator detects and highlights relevant trendlines on the user chart while keeping it free of as much clutter as possible. The indicator is thought for real-time usage and includes several filters as well as the ability to estimate trendline angles. 🔶 USAGE Trendlines can act as support/resistance, with a higher number of tests...
* MAutoFloorCeiling Indicator * The MAutoFloorCeiling indicator is a powerful algorithm utilizing Wyckoffian concepts of Supply, Demand, and Volume Climaxes to determine and draw Support / Resistance levels automatically. It is the culmination of over 2 years of research. Drawing Support / Resistance lines automatically is a tremendous benefit to the trader as...
This indicator "TrendLine Cross", is designed to plot trend lines so you can spot potential trend reversal points on the charts. The main function is to draw several lines on the chart and identify the crossings between these lines, which can be significant indicators for trading. The lines are based on different periods which can be changed in the settings...
The Trendline Breakouts With Targets indicator is meticulously crafted to improve trading decision-making by pinpointing trendline breakouts and breakdowns through pivot point analysis. Here's a comprehensive look at its primary functionalities: Upon the occurrence of a breakout or breakdown, a signal is meticulously assessed against a false signal...
This indicator is a visual representation of the VWAP (Volume Weighted Average Price), it calculates the weighted average price based on trading volume. Essentially, it provides a measure of the average price at which an asset has traded during a given period, but with a particular focus on trading volume. In our case, the indicator calculates the VWAP for the...