Explanation: Added MACD: The MACD indicator helps to understand the momentum of the price movements. A bullish condition is when the MACD histogram is above zero, and a bearish condition is when it is below zero. Added Bollinger Bands: Bollinger Bands provide information about the volatility and potential overbought/oversold conditions. A bullish condition is...
Enhanced Trend Identification: Combines momentum and volume analysis for more accurate trend detection. Clear Signals: Provides visual buy and sell signals based on momentum and volume convergence/divergence. Avoid Missing Bottoms and Tops: Helps identify potential market bottoms and tops by detecting divergences and convergences.
Uses linear regression instead of simple EMA with buy and sell signal Also uses UT Bot alerts for generating the buy signal
📜 ––––HISTORY & CREDITS–––– The High Volume Close (HVC) Setup is a specialised indicator designed for the TradingView platform used to identify specific bar. This tool was developed with the objective of identifying a technical pattern that trades have claimed is significant trading opportunities through a unique blend of volume analysis and price action...
The TrendLine Toolkit script introduces an innovating capability by extending the conventional use of trendlines beyond price action to include oscillators and other technical indicators. This tool allows traders to automatically detect and display trendlines on any TradingView built-in oscillator or community-built script, offering a versatile approach to trend...
The script generates buy signals when the price crosses above a Fibonacci retracement level (indicating a potential support bounce) and sell signals when the price crosses below a Fibonacci retracement level (indicating a potential resistance rejection).
This EMA trend indicator works by determining if a short-term EMA is above an intermediate-term EMA that is in turn above a long-term EMA (in a bullish trend) or if the reverse is true in a bearish trend. An alert box is displayed on the chart to give a trend trader a quick at-a-glance reference to see which way the overall trend is moving by turning green when...
//@author LazyBear //@version=4 // RSI/MFI with Bollinger Bands. Dynamic Oversold/Overbought levels, yayy! // I add the BB period setting as told by John Bollinger's Book. study(title="BB% of MFI/RSI ", shorttitle="BB%MFI/RSI ") source = hlc3 length = input(14, minval=1) mult = input(2.0, minval=0.001, maxval=50) bblength = input(50, minval=1, title="BB...
433 script deta//@version=5 indicator("VCP Scanner", overlay=true) // Input parameters pivotLength = input.int(20, title="Pivot Length") pvLimit = input.float(0.1, title="Pivot Width Limit") volumeThreshold = input.int(100000, title="Volume Threshold") breakoutThreshold = input.float(1.02, title="Breakout Threshold") // Calculate pivot...
█ OVERVIEW This indicator automatically detects and draws bearish Cassiopeia C harmonic patterns and price projections derived from the ranges that constitute the patterns. Cassiopeia A, B and C harmonic patterns are patterns that I created/discovered myself. They are all inspired by the Cassiopeia constellation and each one is based on different rotations...
Checks following on daily chart: current close above previous year close 5th close above previous year close current close above SMA200
ICT Daily Bias helps us determine where the market is likely to go for the day. The ICT Daily Bias tool aids in forecasting the likely direction of the market for the day. It delineates the previous day's high and low levels, providing insights into potential price movements whether the market is expected to touch the previous day's high or low.
█ OVERVIEW This indicator automatically detects and draws bullish Cassiopeia C harmonic patterns and price projections derived from the ranges that constitute the patterns. Cassiopeia A, B and C harmonic patterns are patterns that I created/discovered myself. They are all inspired by the Cassiopeia constellation and each one is based on different rotations...
This Pine Script indicator identifies and labels rally, base, and drop candles on your chart, aiding traders in recognizing key price action phases. Rally candles represent periods of upward price momentum, typically characterized by strong bullish movement. Base candles indicate consolidation or sideways movement, suggesting a temporary pause in the trend. Drop...
This a trend following indicator using simple moving averages and price close,high and low of recent candles to plot a buy or sell signal. IMPORTANT - this indicator does not repaint.Traders need to wait untill the the closing of the candle though as the signal is dependant of the close of the period. Buy Signal: Price closes above the 20, 50, and 200 simple...
//@version=4 study(title="Vertical Line on Higher High, Higher Low, Higher Close and Lower High, Lower Low, Lower Close", shorttitle="HHHLHC_LL", overlay=true) // Getting values for the previous day yesterday_high = request.security(syminfo.tickerid, "D", high) yesterday_low = request.security(syminfo.tickerid, "D", low) yesterday_close =...
This indicator is designed for users interested in backtesting the Silver Bullet strategy. It eliminates the need for manual drawing of vertical lines by automatically highlighting specific times known as ICT Silver Bullet times. These times correspond to periods when smart money are active the market. The indicator marks these Silver Bullet times with vertical...
█ OVERVIEW This indicator automatically detects and draws bearish Cassiopeia A harmonic patterns and price projections derived from the ranges that constitute the patterns. Cassiopeia A, B and C harmonic patterns are patterns that I created/discovered myself. They are all inspired by the Cassiopeia constellation and each one is based on different rotations...