This indicator is used to automatically identify and plot two forms of liquidity that will be targeted by market makers. The first form of liquidity is based on multi-time fame highs and lows. It plots 1H, 4H, D, W, & M liquidity on an intraday chart to make it easier to identify. I believe hat liquidity is what drives the market and the most common form of this...
▮ Introduction The Rate of Change indicator (ROC) is a momentum oscillator. It was first introduced in the early 1970s by the American technical analyst Welles Wilder. It calculates the percentage change in price between periods. ROC takes the current price and compares it to a price 'n' periods (user defined) ago. The calculated value is then plotted and...
Giga Kaleidoscope Fisher Transform Confirmation is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading. What is an...
Presenting Squeeze Range: Bollinger Bands / Keltner Channels TTMSqueeze method is a volatility and momentum indicator introduced by John Carter of Simpler Trading, which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. How did I make this indicator? The Bollinger Bands & Keltner Channels base scripts are...
In this indicator, I show you a better way to define high/low values of volume (or any other indicator). Quite often, I get requests from my clients that an indicator level should be “high” or that it should be above a certain absolute level. The first request is hard to interpret mathematically, but traders can easily spot it on the chart. The second one is not...
It's been a while since the last publication on the platform. We've been studying the charts and developing some interesting strategies and indicators, so we'll be posting some ideas in the near future. Overview This indicator allows you to find divergences between the price action and the classic RSI. It has the ability to anticipate trend changes. Highs and...
Idea: Enhance the Stoch RSI with DMI to get the visualization of the strength movement. Concept: (Note that we take the close to get the closing price). -Combination of 2 Stoch RSI (using value K): 1 is UP, 1 is DOWN (these settings have been customized). -Every time they cross, it calculates the direction of 3 nearly previous crossings to get the color of...
This indicator is intended to reduce market noise by averaging "Heikin-ashi" a few more times. You can set the number of averages and how the closing price is calculated. The Modes: There are several presets. The "Mode 1" is more conservative and flips fewer times, but with less noise. (Averaged by 5 times, Close calculated by oc2) The "Mode 2" is more...
This is experimental moving average doesn't use a period/length but instead buffers the price per share and transfers that price per share at a given ratio per bar while also releasing the previous values at a decay ratio. The idea is that volume is the engine by which the price moves but spikes in volume can cause noise. By having a buffer of price per share...
Giga Kaleidoscope Fisher Transform Exit is an Exit module included in Loxx's "Giga Kaleidoscope Modularized Trading System". What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading. What is an NNFX...
Giga Kaleidoscope Volatility Ratio is a Volatility/Volume module included in Loxx's "Giga Kaleidoscope Modularized Trading System". What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading. What is an NNFX...
How it works This is a confirmation indicator based on moving averages. It compares the current price to a previous candle N periods ago, then smooths the result. What makes this indicator novel is that it takes the smoothed curve and compares it to the previous value to see whether the slope is increasing or decreasing. Combined with a zero-cross baseline...
(OVERVIEW) The idea of this indicator comes from traders identifying supply to mainly look for shorts. Scenarios would be gap ups or pump & dumps where huge volume is transacted, & bag-holders are present. Some traders would draw resistance lines, I myself used to draw supply zones using the volume profile on that day, & others used the day VWAP on those days....
Imagine bollinger bands, but instead with multiple customizable moving averages. MAZ contains moving averages that act as support and resistance. This can lead to potential use for stop loss and take profit decision-making along with potential signs of reversals. Features Areas of Confluence Display Options Data Window Default Settings (with Data...
Giga Kaleidoscope Baseline is a Baseline module included in Loxx's "Giga Kaleidoscope Modularized Trading System". What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading. What is an NNFX algorithmic trading...
These unified indicators are used for a 5-minute scalping strategy. We regularly look for the RSI to be overbought and the price to be outside the bollinger bands as the main analysis. This serves as a search protocol, to then analyze the price action by visually assisting us with 4 exponential moving averages to see wear or breakout of a move. It also adds the...
This Pine Script for TradingView is a technical analysis tool that visualizes the average of several popular indicators in the trading world. The indicators included are the RSI (Relative Strength Index), RVI (Relative Vigor Index), Stochastic RSI, Williams %R, relative MACD (ranging from 0 to 100), and Bollinger Bands price distance from 0 to 100. The script uses...
This indicator allows you to view DTR vs. ATR % for multiple instruments. When colors are Red the instrument is near 90% of its daily ATR.