(OVERVIEW) This indicator keeps track of the number of unbroken prior highs/lows (unbroken being no price closes above/below the prior high/low). Great for entries and take profits. The indicator calculates on visible bars for convenience when looking back into the history without having to use bar replay, which those on the TradingView free plan cannot use...
The Wick-to-Body Ratio Trend Forecast Indicator aims to forecast potential movements following the last closed candle using the wick-to-body ratio. The script identifies those candles within the loopback period with a ratio matching that of the last closed candle and provides an analysis of their trends. ➡️ USAGE Wick-to-body ratios can be used in many...
Inside Candle Viewer What it’s meant for: - This indicator is used to identify inside candles that might generate an upcoming trading range - Works best on large timeframe (Suggested from 2 days up to 1 week) and crypto asset (Index don't show much because of daily gaps) How it works: - It check for daily close (or the chosen timeframe), highlight inside candles...
Overall image: If the closing price is higher than the three Fibonacci EMAs (uptrend): Thanks to @ZenAndTheArtOfTrading and his indicator "Higher Timeframe EMA", URL = This is a trend-discriminating indicator that uses 3 EMAs. The Williams Alligator is the underlying philosophy, and we have applied it to capture the larger trend. It is set up for the...
A standard fractal high has two lower high (or equal high) candles to its left and right. For standard fractal low fractals this is vice versa. -But this indicator plots has the option to plot standard fractals only after candle close is confirmed. So if the current candle is still forming in live markets, only after this candle has fully closed, then the...
Introducing the Volume-Blended Candlestick Indicator, a powerful tool that seamlessly integrates volume information with candlesticks, providing you with a comprehensive view of market dynamics in a single glance. The Volume-Blended Candlestick Indicator employs a unique approach of projecting volume totals by calculating the total volume traded per second and...
Why ultimate? It's very configurable (you can select to see the candles or a line, pick the colors, switch between Heiken-Ashi and normal candles, etc.). In addition to standard Heiken-Ashi candles, it offers the option of a new, modified calculation of the candles different than the standard Heiken-Ashi calculation. It can work based off the existing...
The "Days Higher Than Current Price" indicator is a color-coded tool that provides insights into the historical price performance of an underlying asset. By analyzing the number of bars prior to the selected day that had higher closing prices, this indicator visually represents the comparative strength or weakness of the current price level. The "Days Higher"...
The OBV Heikin Ashi indicator is a modified version of the On-Balance Volume indicator that incorporates the Heikin Ashi transformation. This technical tool aims to provide traders with a smoother representation of volume dynamics and price trends. The OBV Heikin Ashi indicator combines the principles of OBV and Heikin Ashi to offer insights into the volume and...
This indicator is designed for scalping purposes. Users have the option to input the desired source and enable or disable the following indicators: Multiple EMA (Exponential moving average) Simultaneously displays multiple moving averages to quickly identify shifts in momentum and obtain confirmation from slower-moving averages. By default, the EMA display...
The provided Pine Script code is an indicator script designed to identify and display flat tops and bottoms on a price chart. Inputs: showFlatTops (boolean): Determines whether to display flat tops. showFlatBottoms (boolean): Determines whether to display flat bottoms. enableAlerts (boolean): Enables or disables alerts for flat tops and bottoms. ...
The Wick Reversal Indicator is a powerful technical tool developed in accordance with the pseudocode outlined in the book "Secrets of a Pivot Boss" by Franklin O. Ochoa, Jr. This indicator assists traders in identifying potential market reversal points with enhanced precision. By closely following the principles discussed in the book, the Wick Reversal Indicator...
Description: The Trading Session Template Indicator is a powerful script that allows traders to customize their own trading session time range on a chart. With this indicator, you have the flexibility to define specific hours during which you prefer to focus your trading activities. The example chart showcases the New York session hours, but you can easily adapt...
Japanese below / 日本語説明は英文の後にあります。 ------------------------- *This indicator is based on TheTrdFloor's "3 Line Strike ". It's a very cool indicator. thank you. In addition to the original indicator, it will be judged Engulfing only when the display of the MTF signal and the candle have a difference of 2 times or more. === Function description === 1. Display of...
The Bullish Engulfing pattern occurs when the close is higher than the open, and scripts will look for this pattern by checking the difference in the close and open prices sufficiently in pips. Likewise, the Bearish Engulfing pattern occurs when the close is lower than the open, and scripts will look for this pattern by checking for sufficient difference in the...
Description: The Price Percentage Shaded Candles indicator (P%SC) is a technical analysis tool designed to represent price candles on a chart with shading intensity based on the percentage change between the open and close prices. This overlay indicator enhances visual analysis by providing a visual representation of price movement intensity. How it Works: The...
Description: The Price Percentage Breakout by Time Period (P%BTP) indicator is a technical analysis tool designed to identify potential breakout signals based on the percentage change in price over a specified lookback period. It helps traders identify significant price movements that exceed a user-defined threshold, indicating potential trading...
Description: The Price Percentage Breakout indicator (P%B) is a technical analysis tool designed to identify potential breakout signals based on percentage changes in price. It helps traders identify significant price movements that exceed a specified threshold, indicating potential trading opportunities. How it Works: The Price Percentage Breakout indicator...