This plots the overbought and oversold (70 and 30) levels from RSI on price, there are often levels where a market will bounce or retrace/reverse. By default it shows 15 min, 60 min and 4 hour levels but I intend to make these configurable along with some other stuff. For now it works how I use it, nice and simple
This script provides up to 5 zones to apply background colors. This is especially useful for applying to indices such as USI:TICK , USI:ADD , and USI:VOLD , where certain levels provides significant meaning to market sentiment and directions. This script will give you the visual cue to help with your trading. All levels and colors are fully...
Impatient VWAP bands are based of Traderskew's VWAP bands but are for more impatient traders. Wicking or crossing down through the upper band indicates a good short trade entry for range-bound trading periods while wicking or crossing up through the lower band indicates a good long entry in range-bound conditions. By default, impatience is disabled. If it is...
Aroon Oscillator (AO). The Aroon Oscillator, was developed by Tushar Chande, in 1995, to highlight the start of a new trend and to measure trend strength. I re-branded a bit the whole thing, If you are familiar with how this Oscillator usually is, you are going to notice the differences. Aroon Oscillator Components. 1 - Aroon Up -> Bullish Directional...
Blockchain Fundamentals: Electricity Cost of BTC After a hiatus, now a return to publishing tools and scripts for the community. This is my first script in over and year, and I have a number more coming soon as well! (so Stay Tuned!) This is a simple calculator to estimate the cost of Bitcoin miners to mine one bitcoin. It works on all timeframes (doesnt...
This is an RSI-like view of the price of BTC, along with a moving average. The purpose of it is so that whatever crypto you are trading, you can easily see what BTC is doing, so you can factor that into your signals. Also, it could be used to look for divergences between BTC and the crypto you are trading, to detect potential reversals.
This is a concept that I have been playing with to make a manual trend line that has more then just two connecting dots but that has sequential data connected on every bar between the beginning an the end point that can then be used to determine a break of trend or a bounce. This is added in a few simple steps 1) add the indicator to your chart 2) set the x_1...
This indicator is used to identify possible reversals (1) Green arrow means a possible bullish reversal (2) Red arrow means a possible bearish reversal (3) Green and Red arrows means it cleared liquidity from both sides and is likely to go to the nearest area of interest -It finds high volume candles that likely cleared out stop losses which usually results in a...
Hi There This is a Trend-Indicator based on Pivot highs and Pivot lows from different forward-backward lenghts. As Mohamed3nan is only looking at one timeframe, here is a mtf-version of that How to use? This indicator should basically work in each timeframe. Green is Bullmode, Red is Bearmode try to find a "IN Trend" setup or go directly in on the switch of...
This indicator is designed to show key pivot points, also known as levels, which could provide good trade entries. Utilising liquidity concepts, untested pivot levels can be a good place to enter a trade after the pivot is tested, liquidity is taken and the direction reverses. Alternatively, utilising the option of viewing already tested levels, you can easily...
With this tool you can easily backtest your trading strategy. You can set the times of a day session and evening session separately. The days of the week were indicated at the bottom of the chart. For me personally, this saves me a lot of time with back testing. Hopefully I can help you with this too
Correlation coefficient is a measure of the strength of the relationship between two values. It can be useful for market analysis, cryptocurrencies, forex and much more. Since it "describes the degree to which two series tend to deviate from their moving average values" (1), first of all you have to set the length of these moving averages. You can also retrieve...
- Modify 3 Timeframes to display Candle Boxes over your Chart - Thats it. - Enjoy! - If anyone implements candlestick pattern detection to this before me, please send me link, that would be sick!
Inside Bar have at least 2 candles. They include one mother candle and multiple child candles. Mother candle will cover whole child candles ( child candles have high and low within mother candle) This script will highlight Inside Bars How to use : When we analyze market structure, we can combine mother candle and children candles and see them as a...
This strategy uses a trend based indicator (MACD) for entry/exit signals with a momentum oscillator (RSI) to act as confirmation. Although relying on a trend based indicator this has been created for range bound crypto markets, which have been in a period of chop since June 2022. Long/Short signals are generated from MACD with the RSI oscillator thresholds...
Fair value gaps (FVG) highlight imbalances areas between market participants and have become popular amongst technical analysts. The following script aims to display fair value gaps alongside the percentage of filled gaps and the average duration (in bars) before gaps are filled. Users can be alerted when an FVG is filled using the alerts built into this...
Displays the Net Profit Margin in a more "readable" fashion than the built-in TV Indicator. This indicator concludes the series of 'Minervini-indicators', consisting of "GTH Earnings", "GTH Revenues" and "GTH Net Profit Margin (%)". Famous trader Mark Minervini repeately describes rising earnings, revenues and net profit margin as the most important financials...
Plots moving average both EMA as well as SMA on Multiple timeframes at once in a Tabular Format for rapid indication of momentum shift as well as slower-moving confirmations. Displays EMA/SMA 5 8, 13, 21,34,55,89,100,200,400 by default as well as provide the users the flexibility to choose the timeframe as per their set up.