This indicator should be used in conjunction with a solid risk management strategy that does not over-leverage positions and uses stop-losses. You can not rely 100% on the signals provided by this indicator (or any other for that matter). With that said, this indicator can provide some excellent signals. It has been designed with a large number of customization...
Plotting a configurable higher timeframe on current chart's timeframe helps visualize price movement without changing timeframes. It also plots FVG and Volume Imbalance on the higher timeframe for easier visualization. With ICT concepts, we usually wait for HTF break of structure and then find an entry on a lower timeframe. With this indicator, we can set it to...
Previous Day High and Low + Separators Daily/Weekly is an indicator based on separators of days and weeks and at the same time points out the previous highs and lows, everything is marked by lines, it consists of creating a clean graph and separated by the different trading days, referring to the extreme points created the previous day. USEAGE Point to...
An indicator designed to trade indices using the jtrader model and ICT concepts. jtrader Model: Below are the key points to trade this model: Power of 3 is the key element of this model. Accumulation during pre NY open.NY Open represents 9:30am opening of NY Stock Exchange. Manipulation(JUDA) immediately after NY open. Juda is a manipulated move by the...
Features of the Logical Trading Indicator V.1 ATR-Based Trailing Stop Loss The Logical Trading Indicator V.1 utilizes the Average True Range (ATR) to implement a dynamic trailing stop loss. You can customize the sensitivity of your alerts by adjusting the ATR Multiple and ATR Period settings. Higher ATR Multiple values create wider stops, while lower values...
ICT HTF MSS & Liquidity provides higher timeframe view of where the liquidity may reside and when higher timeframe market structure shift has occurred. In his 2022 mentorship, ICT has advocated used the 15m chart to watch for liquidity and looking for lower timeframes for entry (5m,4m,3m,2m,1m). Liquidity will reside above pivot points and ICT pivot points are...
This script would find the 8 famous "Japanese Candle Stick Patterns" in your chart. Please be aware it find patterns in "Potential price zones" only, which help you to avoid none-important patterns during a price trend. I used RSI and ATR in my codes to find best candle forms and price conditions. *** This indicator shared before but without source code....
The Liquidity Hunter helps traders identify areas in the market where reversals may occur by analyzing candle formations and structures. █ Wick-to-Body Analysis: The Liquidity Hunter analyses each candlestick to identify those with distinctive wick-to-body ratios. By focusing on candles with significant wick imbalances, it can reveal potential...
This is a very simple strategy for swing trade in stock indexes. this strategy only trade long position, recommend to use this in day chart of sp500 or nas100. SPX NDX Buy condition: close price above long term SMA(default period 200),close price under short term SMA(default period 10), RSI is under 30(default period 3) Sell condition: 1:if close price is...
Introduction Hello fellow traders and coders, I’d like to introduce the multi time-frame supply and demand indicator that you’ve been looking for, its a dynamic script encompassing a lot of features however it is merely a tool to be used in conjunction with your own market analysis. Features A maximum of 2 time-frames that can be customized independently. ...
█ Overview The Gap Statistics (Zeiierman) indicator is crafted to monitor, analyze, and visually present price gaps on a trading chart. Price gaps are areas on a chart where the price jumps up or down from the previous close to the next open, creating a "gap" in the normal price pattern. This script delivers an extensive range of statistics related to these...
This is an indicator for the Candle By Candle (CBC) Flip strategy as created by @MapleStax It’s useful to traders because it’s a simple approach to gauge if bulls or bears are in control for any particular candle. The logic is as follows: If the most recent candle close is above the previous candle high, then bulls are in control. If the most recent candle close...
What is a swing high or swing low? Swing highs and lows are price extremes. For example say we set our swing length to 5. A candle that is a swing high with a swing length of 5 will have 5 bars to the left that are lower and 5 bars to the right that are lower. A candle that is a swing low with a swing length of 5 will have 5 bars to the left that are higher and 5...
This indicator tries to detect tops and bottoms based on time and price. It counts candles using a simple criteria in both bullish and bearish directions. The count is added by 1 for each consecutive candle that matches this criteria. When a candle doesn't match the criteria the count is broken and will start over. A top or bottom is detected when the count...
This indicator provides you with the ability to select from a variety of candle prediction methods. It permits for: 👉 Traditional Linear Regression Candle Predictions 👉 Candle Predictions based on the underlying Stochastics 👉 Candle Predictions based on the underlying RSI 👉 Candle Predictions based on the underlying MFI 👉 Candle Predictions based on the EMA...
This Pine Script code is a comprehensive indicator for the TradingView platform, offering a variety of technical analysis tools. Below is an English introduction to its features and purposes: Introduction: This indicator is designed for traders on TradingView and provides a multi-functional analysis toolset. It includes different charting modes (Heikin-Ashi,...
Greetings everyone, I'm thrilled to present a Pine Script I've crafted for Volume Spread Analysis (VSA) Indicator. This tool is aimed at empowering you to make smarter trading choices by scrutinizing the volume spread across a specified interval. The script delivers a comparative volume analysis, permitting you to fix the type and length of the moving average....
RENKO STRATEGY CAUTION : This strategy must be applied to a candlestick chart (not a Renko chart). INTRODUCTION : The Traditional Renko chart has been reproduced and is plotted according to the evolution of the price. It will enable us to receive buy or sell signals and follow major trends. This is a medium/long term strategy and depends a lot on the box...