What does this indicator do? This indicator plots the highest and lowest historical price for each candle for a specified time interval, so you can see for each candle which price was the historical ("local") maximum or minimum in the defined time interval. It helps you not to lose sight of previous highs and lows, even when working with short time frames. In...
This script is designed as an analysis tool to visually represent the relative strength of bullish and bearish market sentiments over a specified number of candles. It calculates and displays the percentages of bullish and bearish "candle bodies" as part of the total price range observed in the chosen period. Here's a breakdown of its functionalities: ...
This script is designed to calculate and display the percentage representation of wick lengths in relation to the total candle range for the last 100 candles on a trading chart. Here's a breakdown of its functionality: Indicator Initialization: It sets up an indicator named "Wick Percentages Table" (WPT) that overlays on the trading chart. Variables...
💎 GENERAL OVERVIEW Introducing our new Liquidity Grabs indicator! This indicator can renders bubbles with different sizes at candles that have liquidity grabs, which happen when a liquidity areas (buyside / sellside liquidity) is swept. These candles often fill a lot of market orders that were sitting on the liquidity zone. You can check "How Does It Work"...
This script is just for fun. It generates a Planet and a Zodiac Sign at the close of each candle. The candle is "sliced" into 7 sections, one for each Planet and the close lands in one of those sections. The candle is "sliced" into 12 sections, one for each Zodiac and the open lands in one of those sections. You could use it to generate a quick "answer" to a...
It's All Mids extends mid-lines of a candle forward until the price revisits (covers) the midpoint. A higher timeframe can be used for the mid candles than the chart (but not the reverse). There is no data to support this is a meaningful concept. While this script is intended to be functional, correct and useful it is important that you understand that not only...
The Candle Bias Oscillator (CBO) with volume and ATR scaling is a unique technical analysis tool designed to capture market sentiment through the analysis of candlestick patterns, volume momentum, and market volatility. This indicator is built on the foundation of assessing the bias within a candlestick's body and wicks, adjusted for market volatility using the...
This is an indicator for counting Sakata new price. Bullish Candle Count the first bullish candle from the starting point of the uptrend. Count a bullish candle that updates the previous high on a closing basis as a new high. Bearish Candle New Low Count the first bearish candle from the starting point of the downtrend. Count a bearish candle that updates the...
💎 GENERAL OVERVIEW Introducing our new Fibonacci Inversion Fair Value Gaps (IFVG) indicator! Inverse Fair Value Gaps occur when a Fair Value Gap becomes invalidated. They reverse the role of the original Fair Value Gap, making a bullish zone bearish and vice versa. This indicator plots the Fibonacci retracement levels of the IFVG, which often act like support &...
Description: The "Equal Highs and Lows" indicator is a technical analysis tool designed to aid traders by identifying and marking equal price levels directly on the trading chart. This indicator helps in spotting potential support and resistance zones by drawing lines between points where the price has formed equal highs or lows over a specified lookback period....
Good morning, Here is my first script as a pinecoder. So I present to you my indicator: the “Candles Theme”. Instead of searching for a long time in the chart settings to change the style of the chart, you can use this indicator which offers: - 8 default themes. - The ability to create a custom theme. Themes : - Pink - Blue : Dark and Light - Classic : Dark...
This indicator marks Break of Structure (BoS) and Change of Character (ChoCh) in the price structure on your charts. It runs on any timeframe. This indicator is useful for determining if you are seeing a trend change in the market or if you are only seeing a pullback with the market continuing in the direction of the trend. The indicator will look for price to...
STABLECOINS DEPEG FINDER With this script, you will be able to understand how DePeg in stablecoins USDT, USDC, and FDUSD can influence the TOTAL Market Cap. WHAT IS DEPEG? DePeg occurs when a stablecoin loses its peg. It can't maintain the $1.00 price for a while (or anymore). Traders can use DePeg for high-quality trading both in Crypto and Stablecoins....
This indicator plots significant psychological price levels at 50 cent and dollar intervals. These levels often act as key support and resistance in the market, as traders tend to place orders around round numbers. By highlighting these levels, traders can easily visualize and potentially anticipate areas of price consolidation or breakout.
Rules are pretty simple for this indicator .we are searching candlestick pattern on current day high and low .. *** Candlestick we are looking for *** 1) Bullish/Bearish Engulfing 2) Bearish/Bullish Harami 3)Hammer/Inverted Hammer Rule for searching bullish candlestick ====> 1) searching for current day high and day low 2) looking for candlestick as...
Candlestick Bias Oscillator (CBO) The Candlestick Bias Oscillator (CBO) with Signal Line is a pioneering indicator developed for the TradingView platform, designed to offer traders a nuanced analysis of market sentiment through the unique lens of candlestick patterns. This indicator stands out by merging traditional concepts of price action analysis with...
💎 GENERAL OVERVIEW Introducing our new Inversion Fair Value Gap Consumption (IFVG) indicator! Inversion Fair Value Gaps occur when a Fair Value Gap becomes invalidated. They reverse the role of the original Fair Value Gap, making a bullish zone bearish and vice versa. IFVGs get "consumed" when market orders fill the gap occurred. With this indicator, you can now...
The script is an overlay aimed at making price action within a range more comprehensible, i.e. what is the “story” that the band range is telling in relation to the price. You’ll see bars become brighter as they come near the upper or lower band, and dimmer around the average/middle of the two bands. This makes it easier to spot when the price is within an...