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Weis Wave VolumeThis indicator is based on the Weis Wave described by David H. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can also be found in this video . The Weis Wave is an adaptation of Richard D. Wyckoff’s method Wave Charts. It works in all time periods and can be applied to all asset types. For assets that do not support volume Weis propose in his book to use the true range instead, so if you want to use this indicator for assets that do not support volume, make sure to enable the checkbox "Use True Range instead of Volume". Unlike other implementations I found here on Trading, this implementation make use of a Renko-like zig zag pattern, very similar to how it is described in David H. Weis' book. The settings for the zig zag pattern are very similar to the standard Renko settings here on TradingView, in the "Renko Assignment Method" you either chose "ATR" or "Traditional" (read more about it here ). The ATR length or the brick size is then entered in the textbox "Value". You can also chose another setting in the "Renko Assignment Method" drop down named "Part of Price" which calculate the brick size from the current close and divide it by the value in the text box "Value". It is also possible to chose if the zig zag pattern shall use the high/low, the open/close or just the close as the most extreme values in its calculation, you select this in the drop down "Price Source". If you want the price to oscillate around a zero value, enable the "Oscillating" checkbox. TradingView's pine script does currently not support to print non-static text on the chart, so it is not possible at this point to write out the volume on the zig zag chart. It is also not possible to have both an overlay and separate chart pane in the same indicator, therefor this indicator is split up in two. You can find the zig zag indicator here:
Indicateur Pine Script™
par modhelius
87
cooltoyz: shadow candlesAnother tool for the cooltoyz series :) tired of having to look at multiple time frames for a ticker, and having to mentally mix them to try to guess/visualize trends, or support/resistance levels? so was i, and with this tool i let the chart do the heavy lifting :) with this, upper time frames are visualized as shadows imposed on the chart itself. there are two levels: level 1 - represented with strong green/red for candle body, and a thin line for the candle wicks level 2 - light green/red for the candle body, lighter still for the wicks it was the best visually appealing representation i could come with, if you find a better one share it in comments, please :) basically works the same as the previous tool, the ghost candle, but with two levels of time frames superimposed. the same notes and warnings from the ghost candle apply, so go read them, too lazy for a copypasta :) you can find the ghost candle here:
Indicateur Pine Script™
par deimosaffair
3
cooltoyz: ghost candleThis is a tool. Do with it what you like :) The ghost candle works by drawing a bigger time frame candles in ghost mode over a chart. The time frame is default of 4h, can be changed in the "format" pop-up. What we see in a time frame as the "wick", is really a set of candles when looked at lower resolutions/timeframes, that info is crunched into the OHLC format. But, when we look at a represntation of the "internals" of a candle, the wicks are not just a single candle that "walked out of the reservation". So, in this ghost mode, a wick makes no sense visually. In this case, the OHLC is represented as a darker area for the main candle body, and lighter zones for the wicks. Just another way to sing the same song... Note 1: the ghost candles are skewed, due to the way that TV plots a line. It's most visible when a chart is very zoomed. Note 2:As result of the TV real time engine, the last candle presents sometimes mixed colors. There's no easy way to fix it, so until the candle closes, if you see weird colors, well, that's life :)
Indicateur Pine Script™
par deimosaffair
5
Swing Chart V1 by Phi35 © With this indicator, which plots the swing chart of the 3 degrees, swing traders can automate their work of tracking the right bars. How it works: Minor Degree (one bar) (gray)= If the current high is higher than the previous high or the current low is lower than the previous low. Intermediate Degree (two bar) (baby blue)= If the current high is higher than previous and the penultimate high etc. Main Degree (three bar) (red)= If the current high is higher than the previous, the penultimate and the high before penultimate high etc. Alert: On crossover there will be an alert (popup with a message) and in addition you will see "diamonds" on the place where the crossover took place If there is an issue or any suggestions, feel free to contact me. Do not modify the code without permission. Swing Chart V1 by Phi35 ©
Indicateur Pine Script™
par phi35
6