🔵 Introduction To fully grasp the concept of Cumulative Volume Delta (CVD), it's essential first to understand Volume Delta. In trading and technical analysis, the term "Delta" typically refers to the difference between two values or the rate of change between two data points. Volume Delta represents the difference between buying and selling pressure,...
This Pine Script indicator is designed to identify various harmonic patterns, wave formations, and Fibonacci retracements directly on your TradingView charts. The script offers a comprehensive toolset for traders who use technical analysis to spot potential market reversals and continuation patterns. Key Features: Harmonic Pattern Detection: Automatically...
This indicator is designed to help traders quickly identify key reversal points in the market based on pivot highs and pivot lows. By plotting Buy and Sell labels directly on the chart, this tool simplifies decision-making for intraday traders by highlighting potential trend reversals and key areas of price action. Key Features: Pivot Highs and Lows:...
------------------------------------------------------------------------------ The "RSI with Bollinger Bands Scalp Strategy (1min)" is a highly effective tool designed for traders who engage in short-term scalping on the 1-minute chart. This indicator combines the strengths of the RSI (Relative Strength Index) and Bollinger Bands to generate precise buy...
The "Breadth Thrust Strategy with Volatility Stop-Loss" is a trading strategy designed to capitalize on market momentum while managing risk through volatility-based stop-losses. Here's a detailed breakdown of the strategy: Strategy Overview: Market Breadth Analysis: The strategy uses the "Breadth Thrust Indicator," which evaluates market momentum by calculating...
This indicator was written in pine script code, inspired by the L3 Banker Fund Flow Trend Oscillator indicator whose link I gave below. This indicator is designed to track the flow of banker funds in the market by analyzing price movements and generating entry signals based on specific criteria. It uses a combination of custom functions and moving averages to...
Overview The 4C Data Table Suite is a versatile TradingView indicator, designed for traders who focus on the critical role of prior bar levels in their strategy. By highlighting the high and low points of previous bars, this tool aids in pinpointing crucial support and resistance zones, which often act as psychological triggers for market participants. The unique...
This indicator identify support and resistance to trade in 1min time frame, based of fib 0.5 level, on 15 min time frame find major high and low means major swing, low will be our start level and high will be our end level input in setting, substract high and end level and now divide answer with 2 till the daily volatility of a index or stock, if saying about...
Volume Bins: This script divides the price range into num_bins equal price levels. Each bin holds the cumulative volume for that price range. Profile Length: The number of past bars that the profile considers for building the volume histogram. Bin Size: The price range between bins is determined by dividing the difference between the highest and lowest prices over...
Overview. This indicator checks to see if the OBV follows a specific pattern and visually displays the trend of the OBV on different time legs. It also has the ability to set alerts when certain conditions are met. How to use Setting up the indicator Add a new indicator on a chart in TradingView. Copy the code into the “Pine Script™ Editor” and save it as a new...
This script combines a Volume-Weighted RSI, smoothed with a custom Hull Moving Average (HMA), with a modified MACD based on normalized net volume. Volume-Weighted RSI: It is calculated by adjusting the closing price with a normalized On-Balance Volume (OBV) and then applying an RSI. This approach weights the RSI according to volume, providing a more accurate...
Here's a description for your script that aligns with the guidelines provided: --- **Title:** The GOD's EYE V1 **Description:** "The GOD's EYE V1" is a powerful technical analysis tool designed for Forex traders who seek to identify high-probability trading opportunities based on price action and trend-following strategies. **Key Features:** 1. **Dynamic...
What the Code Does 1. **Draws Lines and Labels**: - It draws lines on your chart to show the high, low, open, and close prices from the previous period (like the previous day or week). - It also labels these lines with numbers that tell you how far the current price is from these levels. 2. **Shows Price Movement**: - You can see how far the price has...
//@version=5 indicator("SANTIAGO ESPITIA ULTIMATE 4.1", overlay = true, max_bars_back = 500, max_lines_count = 500, max_boxes_count = 500, max_labels_count = 500) //------------------------------------------------------------------------------ //Settings //-----------------------------------------------------------------------------{ //Session 1 show_sesa =...
Introduction to the "Trend/with EMA382" Indicator The "Trend/with EMA382" indicator is a powerful technical analysis tool that combines trend signals with Exponential Moving Averages (EMA), offering traders a comprehensive view of market dynamics and helping identify potential trading opportunities. 1. Trend Analysis with Trend The first part of this indicator...
The indicator plots the total volume of the NYSE and NASDAQ exchanges and identifies periods with significant asymmetry between Up Volume and Down Volume. It can be used as an additional tool to confirm broad market sentiment. Chart shows Total Volume (TVOL) bars for SPY daily chart. Green bars for UVOL>>DVOL, Red for DVOL>>UVOL. Neutral bars are gray. Blue line...
The Whaley Breadth Thrust Indicator (WBT) is a momentum-based technical indicator designed to identify the strength of market trends. It measures the market's breadth by comparing advancing stocks to declining stocks, providing insights into whether a market is in a bullish, neutral, or bearish state. This script calculates the indicator based on the advancing and...
This Pine Script code builds an indicator called EMA Crossover with Historical Price Projection that combines two components: EMA Crossover Strategy: EMA 9 and EMA 21: The script calculates two exponential moving averages (EMAs) using the ta.ema() function. The crossover between these EMAs generates buy/sell signals. A bullish crossover (when EMA 9 crosses above...