The Breakouts Tests & Retests indicator highlights tests and retests of levels constructed from detected swing points. A swing area of interest switches colors when a breakout occurs. Users can control the sensitivity of the swing point detection and the width of the swing areas. 🔶 USAGE When a Swing point is detected, an area of interest is drawn,...
The Higher Timeframe High & Low Indicator plots key levels (high, low, and average price) from a higher timeframe onto the current chart, aiding traders in identifying significant support and resistance zones. The indicator also detects and labels breakout points and can display trend directions based on these higher timeframe levels breakout points. Key...
This "VIX Percentile Rank Histogram," provides a visual representation of the TVC:VIX (CBOE Volatility Index) percentile rank over a 20 day lookback period. This helps you know if the broader market has your back before you place a trade. ----------------------IMPORTANT-------------------------- This indicator will always show the readings from the VIX no matter...
Hello Traders! TRN ZigZag Pro is an indicator which identifies, and highlights pivot points (swings) and prints useful information about the swings in the chart (e.g. length, duration, ...). The indicator uses an extremely precise swing algorithm to detect the most important pivot points. Compared to other swing or zig-zag indicators TRN ZigZag Pro works in...
Hello Traders! The TRN Trend and Reversal Scanner highlights in a user-friendly and easy to read table trend and reversal signals from up to 20 assets of your choosing. With it, you can efficiently monitor your preferred instruments simultaneously without jumping from one chart to the next. You will never miss a signal again. The indicator automatically finds...
Hello Traders! TRN Swing Suite (SMT/Divergences + Gann Swings) is an indicator which identifies, and highlights pivot points (swings) and prints a lot of information about the swings in the chart (e.g. length, duration, cumulative Delta, ...). Furthermore, it detects divergences in connection with any given indicator, even custom ones. In addition to this, you...
This indicator adjusts and enhances the normal 3-fractal swing. The author of this definition, uncle_travis, takes into account swings with the absorption of 3 candles and uses them as structure points.
🔶 Description: The Swing Failure Pattern (SFP)o aims to identify potential reversal points in price action by detecting instances where price attempts to break past a previous high or low but fails to sustain that momentum, often indicating a shift in market sentiment. 🔶 Key Features: Swing Failure Pattern Identification: The indicator identifies Swing...
The Liquidity Sweeps indicator detects the presence of liquidity sweeps on the user's chart, while also providing potential areas of support/resistance or entry when Liquidity levels are taken. In the event of a Liquidity Sweep a Sweep Area is created which may provide further areas of interest. 🔶 USAGE A Liquidity Sweep occurs when the price breaks...
This indicator is designed to test the smallest swing draw using the swing capture concept of the Pivot Points High Low indicator, setting the length to 1 for all periods, and combining it with price action that I think makes sense. Example of a valid swing high. Example of a valid swing low.
(USA) Imbalance Indicator (Multi-TimeFrame) is an indicator designed to visualize the imbalance between two adjacent candles on a chart by drawing rectangles. It helps identify the dominance of buyers or sellers during the price's impulsive movement in an uptrend or downtrend. Here's how the indicator works: It determines the trend direction (up or down) based...
Swing Ranges is an indicator designed to provide traders with valuable insights into swing movements and real-time support and resistance (SR) levels. This tool detects price swings and plots boxes around them, allowing traders to visualize the market dynamics efficiently. The indicator's primary focus is on real-time support and resistance levels, empowering...
ChanLun, also known as Entanglement Theory or "缠论", is a highly regarded technical analysis methodology that originated in China. Since its introduction in 2006, ChanLun has rapidly gained significant attention and a strong following within the Chinese trader community due to its exceptional ability to navigate complex market dynamics. ChanLun places great...
This script consists of several sections. test it and tell me your concerns. a lot of more works will be done Volume Accumulation : The first part of the script checks for a new 5-minute interval and accumulates the volume of the current interval. It separates the volume into buying volume and selling volume based on whether the closing price is closer to the...
Scipio Pro's Damage Indicator detects strong momentum on tops and bottoms. It is intended for swing trading. The script analyzes both recent and less-recent price action and performs candle stick analysis. It also uses SDs and multiple Bollinger Bands to find dynamic levels for entries. A Bears Damaged signal emerges whenever there is convincing proof of...
Scipio Pro's EIP is a reversal indicator. It is based on two types of evidence. 1) Proof of Fatigue -- The move that triggers the signal is losing momentum 2) Proof of Excess -- The move that triggers the signal is excessive If both are the case, we get a signal. The script uses standard deviations and Bollinger Bands for measuring excess and the ATR for the...
The Wave Trend indicator is based on the Mason’s Line Indicator. This indicator is a sentiment analysis tool designed to help traders understand and analyze market trends. It works by calculating the average investor satisfaction of a group of investors. The results are displayed as colored squares at the bottom of the chart. For more information, read the...
█ OVERVIEW This indicator is a predecessor to Regression Channel Alternative MTF , which is coded based on latest update of type, object and method. █ IMPORTANT NOTES This indicator is NOT true Multi Timeframe (MTF) but considered as Alternative MTF which calculate 100 bars for Primary MTF, can be refer from provided line helper. The timeframe scenarios...