Engulf Scan Introduction: The Engulf Scan indicator helps users identify bullish and bearish engulfing candlestick patterns on their charts. These patterns are often used as signals for trend reversals and are important indicators for traders. Engulf Scan signals are generated when an engulfing pattern is swallowed by another candlestick of the opposite...
Description: The ‘Equal Highs and Lows’ indicator is a technical analysis tool that marks identical price levels on a trading chart using the current time-frame, assisting traders in identifying potential support and resistance zones or liquidity draws. It creates a horizontal line connecting points where the price has created equal highs and lows within a...
Bitcoin ultimate price model: 1. Power Law + 2. Rainbow Narrowing Bands + 3. Halving Cycle Harmonic Wave + 3. Wave bands This powerful tool is designed to help traders of all levels understand and navigate the Bitcoin market. It works exclusively with BTC on any timeframe, but looks best on weekly or daily charts. The indicator provides valuable insights into...
The Advanced Stochastic Indicator is a sophisticated tool designed to enhance market analysis through detailed stochastic calculations. This tool is built for traders who seek to identify market divergences and pivot points with higher accuracy. Key Features Multi-Layer Stochastic Analysis: Tracks both standard and smoothed stochastic values to provide a...
Description: The Color Hull Moving Average (CHMA) is a technical indicator designed to smooth and remove lag from traditional moving averages, making it more responsive to price movements. This indicator automatically adjusts the color of the moving average to green when it is rising and red when it is falling, helping to identify trends in a more visual and...
Overview: The Implied Volatility Levels Indicator is a powerful tool designed to visualize different levels of implied volatility on your trading chart. This indicator calculates various implied volatility levels based on historical price data and plots them as dynamic dotted lines, helping traders identify significant market thresholds and potential reversal...
Master Accumulation Weekly Buy Signals The Master Accumulation Weekly Buy Signals indicator is designed to help traders identify potential buy opportunities based on the accumulation and distribution of volume, with a primary focus on weekly timeframes. This indicator combines the On Balance Volume (OBV) and the Accumulation/Distribution (AD) indicators to...
This TradingView indicator is designed to help traders visualize potential trade entries along with their corresponding stop-loss (SL) and take-profit (TP) levels. It offers a high degree of customization, allowing users to: Choose Entry Type: Select whether the anticipated trade is a Long or Short position. Set Entry Price: Specify the exact price level at...
The MTF Bollinger BandWidth Indicator is an advanced analytical tool crafted for traders who need to gauge market volatility and trend strength across multiple timeframes. This powerful indicator leverages the Bollinger BandWidth concept to provide a comprehensive view of price movements and volatility changes, making it ideal for those looking to enhance their...
Pivot points are technical indicators used in financial markets (such as stocks, forex, or commodities) to identify potential turning points in price movement. They provide reference levels based on the previous day’s price action. How to use the Pivot Points indicator Traders use pivot points to identify significant price levels where the market may reverse or...
This indicator combines multiple functionalities to assist traders in making informed decisions. It primarily uses Heikin Ashi candles, Moving Averages, and a Price Action Channel (PAC) to provide signals for entering and exiting trades. Here's a detailed breakdown: Inputs MAC Length: Sets the length for the PAC calculation. Use Heikin Ashi Candles: ...
I've noticed that many Pine coders calculate buy and sell volumes by considering the volume of a bullish candle as buy volume and the volume of a bearish candle as sell volume. However, I believe this approach isn't very logical, especially for candles with long wicks like pinbars. Therefore, I've devised a method to calculate the buy and sell volumes of a...
Overview This strategy is designed to identify key supply (resistance) and demand (support) zones on a price chart. These zones represent areas where the price has historically shown a significant reaction, either bouncing up from a demand zone or dropping down from a supply zone. The strategy provides clear entry and exit points for trades based on these...
Hello fellas, This superb indicator summons two monsters called Relative Strength Index (RSI) and Money Flow Index (MFI) and plays the Yu-Gi-Oh! card "Polymerization" to combine them. Overview The Fusion MFI RSI Indicator is an advanced analytical tool designed to provide a nuanced understanding of market dynamics by combining the Relative Strength Index...
JDT Support & Resistance Levels This Pine Script indicator identifies and dynamically plots pivot-based support and resistance levels on your chart. Unlike traditional pivot point calculations, this script uses a user-defined lookback period to identify swing highs and lows, providing a more adaptable approach to identifying potential price reversal...
English Version Enhanced Volume Indicator (EVI) The Enhanced Volume Indicator (EVI) is an advanced yet user-friendly tool designed to measure and visualize the strength of market volume using the statistical power of standard deviation. By offering a clear and dynamic representation of volume fluctuations, the EVI enables traders to effortlessly identify...
The "Volume Surge Analysis " indicator is designed to detect significant volume surges in the market. By analyzing volume relative to its moving average and incorporating a comparison of the true range of price movements, this script highlights potential bullish and bearish volume spikes. Traders can utilize these signals to identify moments of heightened market...
Script Description: The "Enhanced Reversal Detection" indicator is a powerful tool designed to identify potential market reversals across various financial instruments. It incorporates a sophisticated algorithm that analyzes price action along with key technical indicators such as the Relative Strength Index (RSI), Bollinger Bands, and Moving Average (MA). How...