This is simple indicator script for long term investors. It will check if the low of today is less than low of yesterday (or any time frame candle) and if the condition is satisfied, then the alert will be triggerred and that particular stock will be bought. Each time a unit is bought, the average price is calculated and also the trget selling price, which is set...
This indicator displays a line (pips bar) of lengths corresponding to the set number of pips on the chart. This pips bar serves as a reference for assessing the volatility of the displayed chart. One pip for currency pairs is distinguished for JPY pairs and for others. The horizontal position of the pips bar is offset to the right of the latest bar by the...
> Introduction and Acknowledgements The IPDA Standard Deviations tool encompasses the Time and price relationship as studied by @TraderDext3r . I am not the creator of this Theory, and I do not hold the answers to all the questions you may have; I suggest you to study it from Dexter's tweets, videos, and material. This tool was born from a collaboration between...
Finally releasing this, its been in the works for the past 2 weeks and has undergone many iterations. I am not sure if I am 100% happy with it yet, but I guess its best to release and get feedback to make improvements. So this is the Euclidean distance predictive candle indicator and what it does is exactly what it sounds like, it uses Euclidean distance to...
The Dynamic Sine Wave is designed to calculate a sine wave that reflects the oscillations between the highest high and lowest low points over a specified period, providing traders with a unique perspective on market trends. Why a Sine Wave is Relevant: A sine wave is relevant in this context because it is a mathematical function that represents periodic...
This indicator is intended to provide market bias information at a glance. Depending on the number of periods selected it can help identify changes in buying and selling sentiment or overall market bias. The two lines indicate increases and decreases in volumes for the selected number of periods. I recommend using this indicator with a minimum of clear support and...
💥The Auto Trailing Stop-Loss indicator is a technical indicator that uses the ATR (Average True Range) to calculate a trailing stop-loss for both long and short positions. 💥The signals according to the indicator allows traders to exit from the position before its too late! The indicator can be used to determine when to enter and exit trades. 💥To use the...
Based on a short experiments a Gaussian silence detector This script utilizes a Gaussian distribution function to visualize price volatility and potential major movement moments in trading. Dynamic Spectrum Visualization: The script plots ten different levels of the Gaussian distribution, each represented by a different color ranging from red to violet. This...
**Strategy Description: Three Previous Candle Rolling Pivot Range** **Introduction:** This trading strategy is based on the concept of the rolling pivot range calculated from the high, low, and close prices of the three previous candles. The rolling pivot range serves as a dynamic support and resistance level, and this strategy aims to capture potential trading...
Script Description: Delta Zones Buy/Sell Pressure Indicator Description: The "Delta Zones Buy/Sell Pressure" indicator, created by the original author "scarf", is a technical tool that unveils key areas of buying and selling pressure in the market. This indicator utilizes the concept of Delta, calculating differences between open, close, high, and low...
The Hull Waves indicator is based on the Hull Moving Averages (HMA), which are special moving averages that stand out for their ability to filter out market noise and offer a clearer view of price trends. Compared to traditional moving averages, HMAs are more responsive yet smoother, allowing traders to capture significant price movements without getting...
All In One Multi Collection Moving Averages. Since signing up 2 years ago, I have been collecting various Сollections. I decided to get it into a decent shape and make it one of the biggest collections on TV, and maybe the entire internet. And now I'm sharing my collection with you. 140 Different Types of Moving Averages are waiting for you. Specifically : " ...
Following an exhaustive analysis of the most recent 50,000 candles within a given currency pair, a notable equilibrium between bearish and bullish candles has emerged as a persistent market phenomenon. This equilibrium, indicative of the market's continuous endeavor to establish parity, has spurred the development of the following indicator. The indicator...
1. Channel Calculation: - The indicator calculates an upper channel ( `UpperBuffer` ) and a lower channel ( `LowerBuffer `) based on the input parameters `ChannelPeriod` . - The channels are determined by a dynamic calculation that considers the current price ( `src` ) and the previous values of the upper and lower channels (` aBuffer` and `bBuffer` ). ...
Dynamic Day Lines. These lines are dynamic and they detect high, low and mid of the day. Above midline, day is bullish and below mid line day is bearish. If price is at high of the day, and starts to move down, I wont be bearish until it breaks the midline and wait patiently.
Opposite Side Liquidity Dominance Indicator Explanation : Imagine you're trading in the financial markets, and you want to understand who's in control - the buyers or the sellers. The "Opposite Side Liquidity Dominance" indicator is here to help you do just that in a simple and visual way. 1. **Lookback Period**: This indicator looks at historical data to make...
Description: The Volume Pressure Indicator is a powerful tool designed to assess market sentiment based on a combination of price and volume data. By analyzing buy and sell pressure within specific lookback periods, this indicator provides valuable insights into the intensity of market buying and selling activities. Traders can use this information to make...
Description: The Directional Movement Index (DMI) with Bollinger Bands and Moving Averages is a comprehensive technical analysis tool designed to assist traders in identifying potential market trends and reversal points. This indicator combines the power of DMI, Bollinger Bands, and Moving Averages to offer insights into market strength, volatility, and potential...