Overview This strategy is designed to trade long positions based on multiple timeframe Exponential Moving Averages (EMAs) and a 200 EMA filter. The strategy ensures that trades are only entered in strong uptrends and aims to capitalize on sustained upward movements while minimizing risk with a defined stop-loss and take-profit mechanism. Key Components Initial...
A simple strategy for sol 15min and the author is a new guy in tradingview. This is a long-term strategy that requires patience. ( when you alarm and it warns you redraw because the request function is used, so don't worry :) ) Here's a brief explanation of the strategy: 1、Maximum of Three Trades Only open the next trade when the current one has a loss of...
Here is the chart pattern of ascending triangle We can use it like a strategy using 1hr timeframe that when it touches the red line we can take entry trade and the target is waiting for greenline.
This script identifies: Bullish and Bearish Engulfing patterns: Plots "BE" on the chart. Bullish and Bearish Harami patterns: Plots "BH" on the chart. Flags: Plots "Flag" on the chart. Pennants: Plots "Pennant" on the chart.
An Indecisive Candle, often referred to as a Base Candle, is a pivotal element in technical analysis, particularly for identifying institutional supply and demand zones. These candles are characterized by their small bodies and long wicks, reflecting a balance between buyers and sellers, indicating a potential pause or consolidation in the market. To calculate...
Doji Patterns will be found based on 3 conditions - Check if Open-close difference is a certain percentage of High-low difference Check Upper & Lower wick sizes are greater than respective min threshold values Check if the difference of Upper & Lower wick size is higher than the min threshold value The threshold values are predetermined based on the...
This Pine Script indicator calculates and visualizes the price movement for each candlestick on the chart. - **Calculation**: The price movement for each candle is determined by subtracting the opening price from the closing price. - **Visualization**: The price movement is plotted as a histogram, with positive values indicating upward movement (green bars)...
**WORKS BEST ON 30M TIMEFRAME** This indicator, titled "Untested Levels with Timeframes" is designed to identify and visualize price levels within different timeframes that have not been tested recently. Here's a breakdown of its benefits and usage: Identifying Untested Price Levels: The indicator helps traders identify support and resistance levels that...
Single Prints - Bright is a Pine Script indicator designed to identify and visualize significant price levels based on the concept of "single prints." Single prints are price levels where trading activity occurred but with little or no follow-up trading. This indicator plots these levels as lines on the chart, allowing traders to easily identify areas of potential...
Description: The "Previous and Premarket High/Low" indicator is designed to help traders identify key levels during the premarket, postmarket, and regular trading sessions. It highlights the highest and lowest prices during the premarket session and the previous trading day, providing critical levels for intraday trading strategies. Features: Customizable...
The Seasonality Widget tool allows users to easily visualize seasonal trends from various data sources. Users can select different levels of granularity as well as different statistics to express seasonal trends. 🔶 USAGE Seasonality allows us to observe general trends occurring at regular intervals. These intervals can be user-selected from the...
The Wyckoff Method Market Cycle Indicator is a powerful tool designed to help traders identify the current market phase based on the principles of the Wyckoff Method. This indicator analyzes price action and volume patterns to determine whether the market is in an accumulation, markup, distribution, or markdown phase. The Wyckoff Method, developed by Richard D....
Description: This indicator simply when enabled will draw dashed lines at each of the session openings. This is based on UTC+1 Time. There will be lines at 00:00 & 08:00 (Asian Session), lines at 08:00 & 13:00 (London Session) and finally lines at 13:00 & 00:00 (New York Session). Potential Use: There are many ways you could use this indicator to benefit your...
The CME Gap Indicator , is a tool designed to identify and visualize potential price gaps in the cryptocurrency market, particularly focusing on gaps that occur during the weekend trading sessions. By highlighting these gaps, traders can gain insights into potential market movements and anticipate price behavior. Key Features Gap Identification: The...
- Overview Consecutive counting is a simple method to mechanically define trending states to the upside and downside. Consecutive counts are calculated by taking reference price level (e.g. close 4 candles ago) and count closes above/below it up to a maximum count that resets the consecutive count back to 1. This tool provides the means to backtest each count by...
Description of the "Enhanced Forex Indicator" The "Enhanced Forex Indicator" is designed for traders who want a comprehensive technical analysis tool on the TradingView platform. This script integrates Exponential Moving Averages (EMAs), support and resistance zones, and candlestick pattern recognition to provide actionable trading signals, particularly useful...
🔵 Introduction Smart Money, managed by large investors, injects significant capital into financial markets by entering real capital markets. Capital entering the market by this group of individuals is called smart money. Traders can profit from financial markets by following such individuals. Therefore, smart money can be considered one of the effective...