The "SVMKR_VIX_Based_Levels" script is a Pine Script indicator designed to assist intraday traders in identifying dynamic support and resistance levels based on the Volatility Index (VIX). Here's a breakdown of the script and its uses for intraday traders: ### Script Description: 1. **Data Retrieval**: - The script fetches daily closing prices of the India VIX...
The Nested Candle Highlighter identifies when the current candle's body is completely enclosed by the previous candle's wick zones. It examines the upper wick zone, from the previous high to the open or close, and the lower wick zone, from the low up to the open or close. This focused analysis can signal consolidation and potential shifts in momentum, offering an...
Welcome to W3MCT Swing Low Swing High Trading Indicator. Thank you for supporting my trading script. We are providing this script to the community for free, and if you need additional support please reach out to info@w3mct.club Thanks TradingView for all the support and knowledge here.
This script combines both the Bollinger Bands and the Inside Bar Indicator into one. Be sure to check the version for compatibility. In this case, the version is set to 5 to accommodate the latest features of Pine Script. If there are any issues, it may be necessary to adjust the version or make modifications to the script to ensure compatibility.
The Squeeze Momentum Indicator (SMI) is designed to identify periods of low volatility, known as squeezes, followed by high momentum moves. It consists of three main components: the basis line, upper band, and lower band. During a squeeze, the price typically consolidates within a narrow range, causing the bands to converge. When the price breaks out of this...
Indicator Name: TD9 Indicator Description: The TD9 indicator is a popular technical indicator. It is a momentum-based indicator that helps identify potential buy and sell signals in financial markets. Calculation: The TD9 indicator is calculated by taking the average of a series of moving averages with increasing periods. The calculation is as follows: ...
Title: "Red to Green Transition with Alert" Indicator Abstract: I am excited to introduce the "Red to Green Transition with Alert" indicator, a revolutionary tool designed to detect when a candle shifts from red to green with a specified percentage change. In this document, I'll walk you through how the indicator functions, its potential applications, and why...
Title: Comprehensive Trading Strategy with Buy/Sell Signals Description: This Pine Script implements a comprehensive trading strategy that combines trend analysis, momentum indicators, and support/resistance levels to generate buy and sell signals. The strategy utilizes moving averages, MACD, RSI, and ATR to identify potential trading opportunities and manage...
Gather two EMA lines into one indicator to simplify your chart and enhance its efficiency, while also helping to avoid exceeding the limit on the number of indicators.
This indicator helps you make an efficient trades the rules are easy: 1) hide the circle shape that comes first in the settings. 2) when a green circle shape is plotted enter a buy at the close of the candle. 3) exit or sell when a profitable red circle is plotted. 4) set the stoploss on the last swing low.
The "Futures Risk Calculator" is designed to assist traders in calculating the number of contracts to risk based on their account size, risk percentage, and stop loss level. This script provides a convenient way for traders to determine their position size in futures or other instruments where contracts are used. The script prompts users to input their account...
This script draws lines at percentage increments up from yesterday's close.
This script draws incremental percentage lines based off the previous day's regular session close.