The Psychological Support/Resistance indicator aims to provide the user with hypothetical support and resistance zones that are likely to provoke a strong reaction in price, either in both directions, providing good bouncing zones or significant movements once those levels are breached.
The script takes into consideration the total number of...
Contraction & Doji Lines indicator is designed to identify and visualize potential support and resistance levels on a price chart. It does this by detecting doji candlestick patterns and drawing horizontal lines from the middle of the doji bodies to the right. Additionally, it also highlights price contraction zones with colored boxes.
The indicator first...
This indicator tries to identify the points where the price exceeds or falls below a rectangle based on the opening and closing prices of the previous period, the creation of the boxes occurs when a doji is detected therefore it will calculate the coordinates of the rectangle that will be drawn around it, therefore the indicator offers buy or sell signals based on...
The Bollinger Bands Heatmap (BBH) Indicator provides a unique visualization of Bollinger Bands by displaying the full distribution of prices as a heatmap overlaying your price chart. Unlike traditional Bollinger Bands, which plot the mean and standard deviation as lines, BBH illustrates the entire statistical distribution of prices based on a normal distribution...
// Hello tradeurs, ChasinAlts here with a script you've DEFINITELY never seen before. Hope everyone is well. Ok, so heres the low-down...When a wick's
// % size is above the threshold set by the user it is plotted with light blue (these aren't really the significant ones) and are put into an array.
// These large wick lines are great S&R lines but we're...
This script is just for reference to see the trading range.
Do not use this strategy logic, it is just Test strategy.
The trading range is colored depending on whether it is profitable or not.
You can change the color if you want.
When you declare the strategy, put (process_orders_on_close=true,calc_on_every_tick=true, max_boxes_count=500) in your script.
This educational script contains different examples regarding lines , linefill , labels & boxes
First part shows the use of array.new() without first
retrieving line.new() which then are put in a linefill.new()
At every start of the week a linefill.new() is added with the top line being
previous Weekly high , and the bottom line being previous ...
personal Library for line and box built in functions
get x1,y1,x2,y2 in a tuple
x : TODO: line
Returns: tuple of x1,y1,x2,y2
Create line with only the y1 value(when line == na) or all
when line != na set x1,y1,x2,y2 individually just 1 or all
- use just the line value to set the x2 to...
Style boxes are a classification scheme created by Morningstar. They visually provide a graphical representation of investing categories for equity investments. A style box is a valuable tool for investors to use when determining asset allocation.
There are 9 categories:
Large Value, Large Blend, Large Growth
Medium Value, Medium Blend, Medium Growth
This indicator shows us if the price is moving up or down based on the 20MA of the 20MA.
If the line is green then this indicates that the price is moving up, and if red the price is moving down.
How to use:
Not applicable here because its all about the 20MA.
It can be used to all markets.
Important: use only the BTC/USD pair on the 1D timeframe
The indicator is designed to determine the zones for entry to buy or sell, as well as for closing deals.
The indicator is based on a moving average with a period of 12.
The parameters are not changeable, since the optimal settings (Safety trade) were used for the BTC/USD pair on the 1D timeframe.
The code is...
Pivot Points High Low
The Pivot Points High Low indicator is used to determine and anticipate potential changes in market price and reversals. The Highs referred to in the title are created based on the number of bars that exhibit lower highs on either side of a Pivot Point High, whereas the Lows are created based on the number of bars that exhibit...
I'm trader Baekdoosan who trading Equity from South Korea. This Baekdoo swing trading box indicate good buying position when it crossover the box.
Here's the ideas
1. It needs to crossover 1 month highest value and higher than 5 ema and 20 ema line
2. It also needs to crossover 1 month volume as well
3. Once 1,2 soaring candle emerge, it needs to...