█ OVERVIEW This indicator displays The Lower TimeFrame Candles in current chart, Like Zooming in on the Candle to see it's Lower TimeFrame Structure. It plots intrabar OHLC data inside a Label along with the volume structure of LTF candle in an eloquent format. █ QUICK GUIDE Just apply it to the chart, Hover the mouse on the Label and ta-da you have a...
Hello traders! How this indicator works? The main functionality of this indicator is to find entry based upon SuperTrend indicator. This indicator helps us to find trapping candle to enter into the market. What is a trapping candle? A trapping candle is a candle that shows strength in opposite direction to SuperTrend. This helps us to enter in a trade before...
Price Pattern Analysis is the core of trading. But price patterns often fails. VRAI (Volume Risk Avoidance Indicator) shows Volume Pressure, so that you can avoid volume-based risks. For example, never short when you see green (buying pressure). Never long when you see red (selling pressure). You still need to pick good price patterns, because the...
What is this? The Money Flow Line (MFL) indicator is at its core a more even-tempered version of the Price-Volume-Trend (PVT). The primary difference is the usage of `hlc3` ((high + low + close) / 3) rather than `close` to use the "typical price" that it critical to the calculation of the Money Flow Index (MFI). Other similar indicators include the Accumulation...
How To Initiate Long Trade-in Index Future/ Buy Call Options – 3 Min TF ▪ If The Index Futures Trades Above The VWAP, the Following Parameters are Checked For 2 Candle Theory on the long side ▪ RSI Trades Above 50 & Between 50-75/80 ▪ Volume Of 2 Consecutive Bars Is Above 50K For BankNifty ▪ All the indicators ( Parabolic SAR, Super Trend, VMA, VWAP ) Below the...
Real indicator is an indicator to convert ohlcv charts to one oscilator! there is an effective thing in all charts: "Volume", and I used this thing to mix it by price Buy: on crossing above to Bollinger-lower-band (on Up-trends) Sell: on crossing under Bollinger-upper-band (on Down-Trends) use an SMA-200 to determine trends ;)
This indicator can anticipate the market movements. Its posible because it calculates how much force (volume) it's necessary to move the price up or down. If it's necessary a lot of volume to move the price a little it's a reversion signal, but if a little volume could change the price whit elevate volatility, it's signal of reversion too. The indicator plots red...
How To Initiate Long Trade-in Index Future/ Buy Call Options – 3 Min TF ▪ If The Index Futures Trades Above The VWAP, the Following Parameters are Checked For 2 Candle Theory on the long side ▪ RSI Trades Above 50 & Between 50-75/80 ▪ Volume Of 2 Consecutive Bars Is Above 50 K for BN & 125 K For Nifty ▪ All the indicators (Parabolic SAR, Super Trend, VMA, VWAP)...
Faust is a composite indicator that combines 3 volume indicators: TSV, OBV, and PVT. TSV moving average is plotted as an oscillator. OBV and PVT are calculated internally. Four divergences are calculated for each indicator (regular bearish, regular bullish, hidden bearish, and hidden bullish) with three look-back periods (high, mid, and small). For TSV, the...
In my basic formula that I calculated with volume and price variables, I determined RSI 7, RSI 14, MF 7, MF 14, CMF 20 and average price deviation difference as limiting. My goal is to detect sudden rising altcoins and quickly buy and sell. I added an alarm for this. I'm sure I didn't write a perfect signal, and you may even get false signals at many points. You...
Bullish and bearish engulfing candles marked with horizontal lines around engulfed candle. This indicator can be used to assist in locating potential supply and demand zones. The fresh zones will be of green and red line colors and the tested zone lines are grey in color.
Since I love to mix and match, here is something fresh and that actually works on the breakout of Ethereum without losing your ass on lagging indicators. It blends some of the nice parts of my previous scripts while moving to big boy pants with a twist on the Fibonacci retracement using SMA and EMA at multiple levels to do a sanity check. Is it too good to be...
This is a simple yet powerful indicator that can replace volume, Money Flow, Chaikin Money Flow, Price Volume Trend (PVT), Accumulation/Distribution Line (ADL), On Balance Volume (OBV). When "Baseline Chart" option is disabled, it looks similar to regular volume. The volume bars has two shades of green and red. The dark shade shows amount of accumulation and the...
An interesting implementation of mine to measure an asset changes based on asset price velocity and volume velocity. The indicator acts as asset value calculator. Long and Short. ==Points System Rules== UPTRENDING If Current Close is higher than previous Close and Current Volume is bigger than previous Volume: Adds Close Points and Volume Points Otherwise...
Another simple indicator from the sweet indicator series, This is a combination of the Volume and Price Trend Meter indicators combined (Links below) into one indicator called PVTM (Price Volume Trend Meter). PVTM measures the strength of price and volume pressure on a histogram. The indicator sums up all green candles price and volume and red candles price and...
The volume price trend indicator is used to determine the balance between a security’s demand and supply. The percentage change in the share price trend shows the relative supply or demand of a particular security, while volume indicates the force behind the trend. The VPT indicator is similar to the on-balance volume (OBV) indicator in that it measures cumulative...
The oscillator version of the Price Volume Trend indicator (PVT) can be considered as a leading indicator of future price movements. The PVT Indicator is similar to the On Balance Volume indicator as it is also used to measure the strength of a trend. The difference between the OBV and the PVT is that where the OBV adds all volumes when price achieves higher...