This indicator combines two popular technical analysis tools: the Exponential Moving Average (EMA) and the Stochastic Oscillator, with the added flexibility of analyzing them across multiple time frames. It visually represents the difference between two EMAs and the crossover signals from the Stochastic Oscillator, providing a comprehensive view of the market...
This script performs custom calculations for both bullish and bearish bars, providing a numerical result that can be used to gauge price movements and potential trading signals. How It Works Bullish Bars: Calculates the absolute difference between the open and low prices (BullOpenLow). Calculates the absolute difference between the high and close prices...
The "SD Distance Mean Indicator" is a currently a developing tool designed to enhance trading precision by dynamically adjusting to market conditions. This indicator provides insights into price deviations from the mean, helping traders make inf OANDA:XAUUSD ormed decisions based on significant price movements. Key Features: Adaptive Length Adjustment: The...
📈 Overview: The "Nebula SAR Echo" is a sophisticated technical analysis tool designed for traders seeking enhanced trend detection. This indicator combines the robust Parabolic SAR mechanism with gradient color coding to provide clear visual insights into market trends. 🎯 Key Features: Advanced Parabolic SAR Calculation: Utilizes dynamic...
BooBee Digital - Enhanced Buy & Sell Alerts Suite Introduction: The “BooBee Digital - Enhanced Buy & Sell Alerts Suite” is a comprehensive trading tool designed to provide traders with precise buy and sell signals by integrating the Average True Range (ATR) trailing stop technique and the Volume Weighted Average Price (VWAP) indicator. This script is tailored...
# Coinbase Dollar Premium Indicator ## Description The Coinbase Dollar Premium Indicator is a powerful tool for cryptocurrency traders and analysts, providing real-time insight into the price differences between major exchanges. This indicator calculates and visualizes the dollar amount premium or discount of Bitcoin on Coinbase compared to the average price on...
The Pawn Algo is a simple indicator that is useful for scalping in sync with a higher timeframe should only be use in clear trending markets. What it does and How it does it? The script is based of a simple pattern close above previous candle high means higher prices we can see it in a green bar. Close below previous candle low means lower prices we can see it in...
The Pure Price Action Structures indicator is a pure price action analysis tool designed to automatically identify real-time market structures. The indicator identifies short-term, intermediate-term, and long-term swing highs and lows, forming the foundation for real-time detection of shifts and breaks in market structure. Its distinctive/unique feature...
Aggressor volume imbalance represents the ratio between market aggressor buy volume (market buy orders) and market aggressor sell volume (market sell orders). This ratio enables traders to evaluate the interest of market aggressors and whether aggressive market activity favours the price's direction. Analysing aggressor volume is critical in understanding market...
Hey Guys ! █ This indicator shows validated Hammer and Shooting Star candle patterns based on volume. This indicator identifies Hammer and Shooting Star patterns and validates them using volume analysis. Hammer and Shooting Star patterns are candlestick patterns that signal potential reversals in the market. █ Usages: A hammer is formed when in a session, the...
Overview: The 20-day High Breakout Indicator is a very simple yet powerful tool designed for traders seeking to capitalize on significant price movements in the stock market. This indicator identifies potential buy and sell signals based on a stock's 20-day high breakout levels, making it an essential addition to your trading strategy. Key Features: Swing...
█ OVERVIEW The Moving Average Trend Meter is a powerful trading indicator that visualizes current market strength. This indicator uses a series of four EMAs (Exponential Moving Averages) to determine short, medium and long term market strength. Each of the three rows of boxes corresponds to an EMA, with the top being the fast, the middle being the medium and the...
█ OVERVIEW The Fibonacci IntraDay Range is a powerful trading tool that combines recent price action data with key Fibonacci ratios to identify strong levels of support and resistance. The purpose of this script is to simplify the trading experience of users by identifying and labelling strong levels of support and resistance that they should be aware of. █...
This Pine Script code is for an advanced trading indicator that displays enhanced moving averages with buy and sell labels, trend probability, and support/resistance levels. Here’s a detailed description of its components and functionality: ### Description: 1. **Indicator Initialization**: - The indicator is named "Enhanced Moving Averages with Buy/Sell...
🔵 Introduction 🟣 Inversion Fair Value Gap (IFVG) An ICT Inversion Fair Value Gap, or reverse FVG, occurs when a fair value gap fails to hold its price, resulting in the price moving beyond and breaking the gap. This situation marks the initial change in price momentum. Generally, prices respect fair value gaps and continue in their trend direction. However,...
Multi-Timeframe RSI Indicator Overview The Multi-Timeframe RSI Indicator is a sophisticated tool designed to provide comprehensive insights into the Relative Strength Index (RSI) across 11 different timeframes simultaneously. This indicator is essential for traders who wish to monitor RSI trends and their moving averages (MA) to make informed trading decisions. ...
Introduction The GL Gann Swing Indicator is a versatile tool designed to help traders identify market trends, support and resistance areas, and potential reversals. This indicator applies the principles of Gann Swing Charts, a technique developed by W.D. Gann, which focuses on market swings to determine the overall direction and turning points of price action....
█ OVERVIEW The Heiken Ashi Ribbon is a powerful trading tool that creates a strong ribbon that indicates market strength. This ribbon is created using four moving averages that use Heiken Ashi values (high, low, open and close) as its input values. The ribbon will also be colored green, red or grey depending on whether or not its direction aligns with current...