Overview Chart Patterns is a major tool for many traders. Pattern formation at specific location on the chart is used for investment/trading decisions. This indicator is designed in a way to allow investors/traders to define patterns of their choice based on certain input parameters and then detect defined pattern on the chart. Investors/traders can use their...
Hello All! I have a new toy for you! Volume Analysis - Heatmap and Volume Profile . Honestly I started to work to develop Volume Heatmap then I decided to improve it and add more features such Volume profile, volume, difference in Buy/Sell volumes etc. I tried to put my abilities into this script and tried to use some new Pine Language™ features ( method,...
The RSI Weighted Trend System I is an experimental indicator designed to combine both slow-moving trend indicators for stable trend identification and fast-moving indicators to capture potential major turning points in the market. The novelty of this system lies in the dynamic weighting mechanism, where fast indicators receive weight based on the current...
🔵 Introduction The Cumulative Volume Delta (CVD) is a powerful tool in technical analysis that is derived from market volume or trading activity. The Cumulative Volume Delta Divergence Detector Indicator helps traders identify Cumulative Volume Delta Divergences (CVD Divergence), which can provide reliable trading signals. These divergences, such as bullish...
" - Swing Point Retracement & Prediction," is designed to identify swing points in price action, calculate retracement levels, and predict potential future price levels. It's a technical analysis tool that can help traders identify potential support and resistance levels, as well as possible reversal points. HOW IT WORK Swing Point Detection: The indicator...
The 3 Candle Model Overview: The 3 Candle Model serves as a sophisticated framework for traders to navigate the complexities of financial markets, particularly within futures and forex trading. This guide not only elaborates on the model's key features but also emphasizes its originality and practical usefulness in the TradingView community. The core principle of...
🔵 Introduction The Judas Swing (ICT Judas Swing) is a trading strategy developed by Michael Huddleston, also known as Inner Circle Trader (ICT). This strategy allows traders to identify fake market moves designed by smart money to deceive retail traders. By concentrating on market structure, price action patterns, and liquidity flows, traders can align their...
🔵 Introduction Market Structure is the foundation for identifying trends in the market, crucial in technical analysis and strategies like ICT and SMC. Understanding key concepts such as Break of Structure (BOS) and Change of Character (CHOCH) helps traders recognize critical shifts in the market. BOS, referring to a Market Structure Change (BMS), and CHOCH or...
🔵 Introduction In global financial markets, particularly in FOREX and stocks, precise timing of trading sessions plays a crucial role in the success of traders. Each trading session—Asian, European, and American—has its own unique characteristics in terms of volatility and trading volume. The Asian session (Tokyo), Sydney session, Shanghai session, European...
🔵 Introduction Trailing Stop Loss (TSL) is one of the most powerful tools available. A Trailing Stop Loss is a modification of a typical stop order that adjusts dynamically based on market price movement. It can be set at a defined percentage or dollar amount away from the security's current market price, making it a flexible tool for locking in profits while...
🌟 Overview 🌟 This tool highlights key price levels, such as highs, lows, and session opens, that can influence market moves. Based on ICT concepts, these levels help traders spot potential areas for market reversals or trend continuations. 🌟 Key Levels 🌟 🔹 Week Open (00:00 EST) Marks the start of the trading week. This level helps track price direction and is...
🔵 Introduction The Cypher Pattern is one of the most accurate and advanced harmonic patterns, introduced by Darren Oglesbee. The Cypher pattern, utilizing Fibonacci ratios and geometric price analysis, helps traders identify price reversal points with high precision. This pattern consists of five key points (X, A, B, C, and D), each playing an important role in...
The Median Kijun-Sen is a versatile technical indicator designed for both trend-following strategies and long-term market valuation. It incorporates various display modes and includes a backtest mode to simulate its performance on historical price action. Key Features: 1. Trend-Following and Long-Term Valuation: The indicator is ideal for trend-following...
Introducing the Dynamic Volume RSI (DVRSI) by QuantAlgo 📈✨ Elevate your trading and investing strategies with the Dynamic Volume RSI (DVRSI) , a powerful tool designed to provide clear insights into market momentum and trend shifts. This indicator is ideal for traders and investors who want to stay ahead of the curve by using volume-responsive calculations...
Trend Following Moron TFM 10% System The TFM 10% Market Timing System The Trend Following Moron TFM 10% System is a powerful trading tool designed using Pine Script™, following the principles outlined by Dave S. Landry. This script helps traders identify optimal entry and exit points based on moving averages and market trends. What the Script Does: Visual...
🔵 Introduction The Smart Money Concept relies on analyzing market structure, tracking liquidity flows, and identifying order blocks. Research indicates that traders who apply these methods can improve their accuracy in predicting market movements by up to 30%. These elements allow traders to understand the behavior of market makers, including banks and large...
🔵 Introduction To fully understand Cumulative Volume Delta (CVD), it’s important to start by explaining Volume Delta. In trading, "Delta" 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 for each candlestick on a chart, and this difference can...
🔵 Introduction The Alternative Shark harmonic pattern, similar to the original Shark harmonic pattern introduced by Scott Carney, is a powerful tool in technical analysis used to identify potential reversal zones (PRZ) in financial markets. These harmonic patterns help traders spot key turning points in market trends by relying on specific Fibonacci ratios....