What is VLTS VLTS is the Value Line Trading System What Does this Indicator Do? This indicator draws boxes that represent both the DAILY and HOURLY candles as an overlay on the current timeframe. 1. If you are viewing the 15-minute timeframe chart, a Box will be drawn around the 4 candles that would represent an hourly candle. This way you can see inside...
Time-it = Time based indicator The Time-it indicator parses data by the day of week. Every tradeable instrument has its own personality. Some are more volatile on Mondays, and some are more bullish / bearish on Fridays or any day in between. The key metrics Time-it parses is range, open, high, low, close and +volume-. The Time-it parsed data is printed in a...
This indicator displays Opening Range Gaps with an adjustable time window. Its intention is to capture the discrepancy between the close price of previous and new Real Trading Hours (RTH) sessions, i.e. yesterday's close compared to today's open. A gap will be drawn from this area with a solid line denoting its midpoint, and dashed lines denoting the upper and...
This indicator provides an enhanced version of the popular Parallel Channel tool by allowing channel boundaries to be extended above and below the primary channel. It can also serve as a general tool for drawing parallel lines and grid lines to aid technical analysis. 🟠 Application There are two primary ways extended channels can provide valuable insights: 🔵 ...
The Market Structure (Breakers) indicator aims to detect "Breaker Market Structures", an original concept inspired by breaker blocks, and extend on the original concept of market structures by extending existing MS levels, providing supports/resistances as a result. Various graphical elements are included that highlight the interactions between price and Breaker...
The "ICT Silver Bullet with signals" indicator (inspired from the lectures of "The Inner Circle Trader" (ICT)), goes a step further than the ICT Silver Bullet publication, which I made for LuxAlgo : • uses HTF candles • instant drawing of Support & Resistance (S/R) lines when price retraces into FVG • NWOG - NDOG S/R lines • signals The Silver Bullet (SB)...
FVG (Fair Value Gap) FVG is another component used in the SMC Concept. This indicator will help you quickly identify FVG along with customizable market structure. HISTORY FVG SETTING -You can choose to show or hide the FVG (Fair Value Gap). -You can choose to expand the History FVG to the right. -You can change the number of History Internal FVG. -You can...
Description: This script is designed to identify and visualize the Bullish Pennant pattern, a popular continuation pattern used by traders. The script follows a structured approach to identify the underlying bullish trend, the consolidation phase, and finally, the breakout from the pennant, which could signify a potential continuation of the bullish...
The Consecutive Higher/Lower Closings indicator is a powerful tool designed to assist traders in identifying potential buy and sell signals based on consecutive higher or lower closing prices. This indicator provides users with the flexibility to specify the number of consecutive higher or lower closings required to trigger a signal, allowing for a customizable...
This Pine Script code is designed to create a technical indicator on a TradingView chart known as the "Kiss of Death" signal. Here's a description of the script: The script begins by specifying that it is intended for use with Pine Script version 5 (//@version=5) and sets the indicator's title to "Kiss of Death Signal" with indicator(title="Kiss of Death Signal",...
First, we use a calculation of "higher highs" and "lower lows" price channels, which we see represented on the chart in purple. These channels provide us with a broad view that helps us identify on the chart where the price has reached significantly higher levels than before during a specific period and lower points than previous levels. As we observe, a channel...
Description: The Time Matrix Pro is an automated Time-based trading tool adaptable to futures, forex, and bond markets. This indicator is inspired by concepts taught by the Inner Circle Trader (ICT) and ICT_Concepts. ICT’s repertoire encompasses the concepts of liquidity and couples them with Time. The Time Matrix helps the analyst to locate key Time-based...
The "Brutal Scalps" indicator is designed for both novice and expert traders looking to take advantage of short-term price movements. This powerful tool provides a multi-timeframe trend analysis along with dynamic Take Profit (TP) and Stop Loss (SL) levels, enhancing your trading decisions and risk management. Features: Multi-Timeframe Trend Analysis - You get...
Harmonic Patterns Harmonic Pattern utilizes the recognition of specific structures that possess distinct and consecutive Fibonacci ratio alignments that quantify and validate harmonic patterns. These patterns calculate the Fibonacci aspects of these price structures to identify highly probable reversal points in the financial markets. This methodology assumes...
🇺🇸 GENERAL OVERVIEW This indicator detects Dip and Rip patterns by quickly highlighting them on the chart. These patterns have become popular during the pandemic period mainly in the stock, ETF and cryptocurrency markets on which traders use two interesting strategies: Buy The Dip Sell The Rip Before going into the merits of this technical indicator,...
Hello! This Script “Bull vs Bear Visible Range VP” Calculates Bull & Bear Volume Profiles for the Visible Range Alongside a Delta Ladder for the Visible Period! Features Volume Profile Anchored to Visible Range Delta Ladder Anchored to Visible Range Bull vs Bear Profiles! Standard Poc and Value Area Lines, in Addition to Separated POCs and Value Area...
This Spongebob indicator is an experiment with the newly released polyline drawing features in Pine Script. As someone that enjoys a challenge, I thought of a complex subject to draw with polylines, and Spongebob was one of the first things that came to mind due to his wavy body shape. Although, other features like the shoulders, shoes, and hands proved to be much...
3 boxes, with their recent high/low and their respective open/close, and the 50% line of the high/low. All adjustable for preferred timeframes, colour and thickness. My personal preference is previous week 00:00 to 00:00, yesterday 00:00 to 00:00, and the day before 00:00 to 00:00 (NY timezone). Another could be the London, NY, and Asian sessions (which you have...