The "Smart Money Concepts by WeloTrades" indicator is designed to offer traders a comprehensive tool that integrates multiple advanced features to aid in market analysis. By combining order blocks, liquidity levels, fair value gaps, trendlines, and market structure analysis, the indicator provides a holistic approach to understanding market dynamics and making...
💎 GENERAL OVERVIEW Introducing our new Weighted Volume Profile Pivot Points (WVPPP) Indicator! This indicator renders a volume profile using the latest pivot points, automatically adjusting itself when new pivots occur. The pivoting mode can be switched between default pivot points and order blocks mode. It can be adjusted to give more weight to recent or past...
This 3 Day Lookback indicator aims to display key information about price with respect to its previous 3 day highs and lows. It was built with the intention of being compact in order to not take up a lot of chart space. The core component of this indicator is the table. From this table, we look at price with respect to the ranges from 1, 2, and 3 days ago, and...
FREQUENCY & VOLUME PROFILE ⚪ OVERVIEW The Frequency and Volume Profile indicator plots a frequency or volume profile based on the visible bars on the chart, providing insights into price levels with significant trading activity. ⚪ USAGE ● Market Structure Analysis: Identify key price levels where significant trading activity occurred, which can act as...
Moving Average Z-Score Suite 1. What is this indicator The Moving Average Z-Score Suite is a versatile indicator designed to help traders identify and capitalize on market trends by utilizing a variety of moving averages. This indicator transforms selected moving averages into a Z-Score oscillator, providing clear signals for potential buy and sell...
Overview This indicator utilizes the Directional Movement Index (DMI) combined with a for-loop to provide a robust trend analysis (ADX is not a part of this indicator). Settings DMI ForLoop Settings: Start Length (a): The initial length for DMI calculation (inclusive). End Length (b): The final length for DMI calculation (inclusive). EMA Length (c): ...
Description: MTF EMA Cloud By Ripster EMA Cloud System is a Trading System Invented by Ripster where areas are shaded between two desired EMAs. The concept implies the EMA cloud area serves as support or resistance for Intraday & Swing Trading. This can be utilized effectively on 10 Min for day trading and 1Hr/Daily for Swings. Ripster himself utilizes various...
The Wave Consolidation indicator uses market profiles to highlight consolidation zones based on upward and downward moves determined when a Higher-High or Lower-Low is created. Users can control the amount of consolidation zones to display and the sensitivity of the swing point detection used to return those zones. 🔶 USAGE These zones are intended as...
Adaptive Trend Classification: Moving Averages Overview The Adaptive Trend Classification (ATC) Moving Averages indicator is a robust and adaptable investing tool designed to provide dynamic signals based on various types of moving averages and their lengths. This indicator incorporates multiple layers of adaptability to enhance its effectiveness in various...
The Wyckoff Springs indicator is designed to identify potential bullish reversal patterns known as "springs" in the Wyckoff Method. A Wyckoff spring occurs when the price temporarily dips below a support level, then quickly rebounds, suggesting a false breakdown and a potential buying opportunity. How it works: Pivot detection: The indicator identifies...
💎 GENERAL OVERVIEW Introducing our new ICT Power Of Three Indicator! This indicator is built around the ICT's "Power Of Three" strategy. This strategy makes use of these 3 key smart money concepts : Accumulation, Manipulation and Distribution. Each step is explained in detail within this write-up. For more information about the process, check the "HOW DOES IT...
🌟 Introducing the Visible Range Support and Resistance 🌟 Discover key support and resistance levels with the innovative "Visible Range Support and Resistance" indicator by AlgoAlpha! 🚀📈 This advanced tool dynamically identifies significant price zones based on the visible range of your chart, providing traders with crucial insights for making informed...
The "ICT Single Candle Order Block (SCOB) " designed for traders who utilize the concept of Order Blocks in their trading strategy. Order Blocks are significant price levels where institutions or smart money have placed their trades, leading to potential future price reactions when these levels are revisited. This indicator focuses on identifying and highlighting...
Introducing the Efficiency Weighted Orderflow Indicator by AlgoAlpha! 📈✨ Elevate your trading game with our cutting-edge Efficiency Weighted Orderflow Indicator, designed to provide clear insights into market trends and potential reversals. This tool is perfect for traders seeking to understand the underlying market dynamics through efficiency-weighted volume...
🔵 Introduction 🟣 Fair Value Gap (FVG) To spot a Fair Value Gap (FVG) on a chart, you need to perform a detailed candle-by-candle analysis. Here’s the process : Focus on Candles with Large Bodies : Identify a candle with a substantial body and examine it alongside the preceding candle. Check Surrounding Candles : The candles immediately before and...
🔵 Introduction Order Block and Breaker Block, are powerful tools in technical analysis. By understanding these concepts, traders can enhance their ability to predict potential price reversals and continuations, leading to more effective trading strategies. Using historical price action, volume analysis, and candlestick patterns, traders can identify key areas...
Overview This strategy is designed to identify key supply (resistance) and demand (support) zones on a price chart. These zones represent areas where the price has historically shown a significant reaction, either bouncing up from a demand zone or dropping down from a supply zone. The strategy provides clear entry and exit points for trades based on these...
💎 GENERAL OVERVIEW Introducing our new Weighted Volume Profile Indicator! This indicator renders a volume profile based on the volume of latest candlesticks. It can be adjusted to give more weight to recent or past candlesticks, or can be used as a normal volume profile. For more information, please read the full write-up. Features of the new Weighted Volume...