This script implements an Improved CUSUM (Cumulative Sum) Peaks & Troughs with Drift indicator. Here's a breakdown of how it works: Input Parameters: cusumThreshold: Threshold value for detecting peaks and troughs. cusumDrift: Drift value used to adjust the CUSUM calculation. movingAverageLength: Length of the moving average used as a...
EMAs EMAs are typically used to give a view of bullish / bearish momentum. When the shorter EMA (calculated off more recent price action) crosses, or is above, the slower moving EMA (calculated off a longer period of price action), it suggests that the market is in an uptrend. This can be an indication to either go long on said asset, or that it is more...
EngulfTrace Introduction: As you can understand from its name, this indicator is designed to detect the traces of purchasing habits in the markets created by robots or people. The EngulfTrace indicator helps users identify engulfing candlestick patterns on their charts. These patterns are often used as signals for trend reversals and are important indicators...
//@version=5 indicator("EMA Example", overlay=true) // Input for EMA period emaLength = input.int(20, title="EMA Length", minval=1) // Calculate EMA emaValue = ta.ema(close, emaLength) // Plotting EMA plot(emaValue, color=color.blue, linewidth=2, title="EMA") // Optional: Adding other plot elements hline(0, "Zero Line", color=color.gray)
Quick Response: The 5 EMA responds quickly to price changes, making it suitable for short-term trading. Trend Identification: It helps in identifying the direction of the trend. If the price is above the 5 EMA, it suggests an uptrend, and if the price is below the 5 EMA, it suggests a downtrend. Support and Resistance: The 5 EMA can act as a dynamic support or...
Customizable indicator that spots reversal points. The script will identify a potential reversal point and plot a buy or sell if the reversal point is confirmed (H or L of the potential reversal point candle is broken).
This Pine Script indicator in TradingView creates weekly labels for each trading day (Monday to Friday) and generates buy/sell signals based on a swing calculation: Weekday Labels Purpose: Labels each trading day of the week with different colors. Implementation: Initializes variables for labels (mondayLabel, tuesdayLabel, etc.). Uses dayofweek function to...
The "AmirSoraya_Bar_Painting_Indicator" is a comprehensive Pine Script indicator designed for the TradingView platform. It aims to enhance chart analysis by painting bars based on various technical filters, including internal bar strength (IBS), body range, overlap, and volatility breakout conditions. Additionally, it includes features for detecting climax bars,...
We have now decided to make this indicator to support the trading community! If you find yourself struggling to identify bullish engulfing and bearish engulfing candles, this one is for you. Release Notes: Initial release with robust detection of bullish and bearish engulfing patterns. Added trend and volume filters for enhanced pattern accuracy. Custom...
🔶 Description: "Master Pattern by UAlgo" aims to identify and visualize "Master Patterns" in price movements on financial charts, and focusing on detecting liquidity levels and sweeps. The indicator provides users with the ability to customize settings such as master pattern detection and detection flexibility, sensitivity to liquidity levels, and visualization...
Description: The EPS & Revenue indicator is designed to provide detailed financial insights into a company's performance by displaying key financial metrics such as Earnings Per Share (EPS), Total Revenue, Free Float, Operating Income, and Return on Equity (ROE). The indicator also calculates and visualizes the percentage changes in these metrics over different...
ChatGPT Certainly! Here's a TradingView Pine Script that combines EMA crossover with RSI to generate buy and sell signals. The script will give a buy signal when the 20 EMA crosses above the 50 EMA and the RSI is below a certain threshold (indicating it's not overbought). Similarly, it will give a sell signal when the 20 EMA crosses below the 50 EMA and the RSI...
This tool, known as Precision Strike Entry (PSE) , automatically generates Fibonacci Retracement Levels on any chart. More specifically, it scans for continuation and reversal trades based on two inputs and provides exact entry, exit ( Stop Loss ), and Take Profit levels. Precision Strike Entry can be used for both Crypto and Forex markets. A crucial aspect...
Japanese candlestick patterns are a powerful tool in technical analysis, offering traders and investors a detailed view of price action and market sentiment. 1. Spinning Top Description: The Spinning Top has a small candle body with long upper and lower shadows. This indicates that both buyers and sellers were active during the period, but neither took...
Introducing Our Advanced SMC Indicator: Elevate Your Smart Money Concept Trading We are excited to present our innovative indicator designed specifically for the Smart Money Concept (SMC) strategy. Our approach goes beyond the traditional SMC strategy, bringing significant enhancements to help you achieve better trading results. We employ a more sophisticated...
"M Farm Scalper v2" Trading Indicator on TradingView Overview This script uses a combination of indicators to help attempt the best view of when to exit and enter markets. The author has seen that usage of multiple indicators combined provided value and create profit. 1. Improved Signal Reliability Combining swing highs and lows with Swing Failure Patterns...
Supply and Demand Trade Analyzer Automatic Zone Identification • Identifies high quality supply and demand zones on multiple timeframes • Shows the prices for each zone so the user may easily identify actionable prices to buy or sell • Once a zone is no longer valid, it is automatically removed from the chart to keep the workspace clean. • Includes all 4 zone...