This indicator measures the strength of support and resistance. Purple bars show SR is increasing. Blue bars show SR strength is decreasing. White bars show the peak of SR strength. The threshold of the white bars can be adjusted in the settings. These extremes happen before a boom. This indicator is also very useful for picking up reversals. Sensitivity can be...
The reason for creating such a tool is to be able to : find the market trend at a glance find the end points of the market for exit and enter if we miss the first price jump, how to enter the trend at the right point FLOW SCORE SPOT SETTING - ALERT THEMES Be aware that no indicator or system can guarantee you will make a profit. Also,...
This script allows the user to connect an external indicator output/plot value to allow for a no-code solution to setup a simple buy/sell signal indicator. For those of you who do not know how to program, do not be intimidated as this is a very easy setup process. Maybe you want to buy when the 'RSI' value drops below '30' and then sell when the 'RSI' value...
This script uses the standard pivot-high/pivot-low built-in methods to identify pivot points on the chart as a base calculation for the zones. Rather than displaying basic lines, it displays a zone from the original pivot point to the closest part of the available body on the same candle. The script comes in handy by utilizing Pinescripts available input.source()...
Hi everyone, Just sharing a script that I made when I began to be interested in Mark Minervini, Wiliam O'Neil, Nicolas Darvas,.. trading style. This script displays : - 10 EMA (orange) - 20 EMA (blue light) - 50 SMA (blue) -150 SMA (green) -200 SMA (red) - Shows when the stock is "extended" from EMA10 to high of the candle (Works in Daily, you can adjust the %...
Hi everyone, I just adapted a little utility script to visualise EPS % increase (quarters vs Year -1) and sales. I used the code from @ARUN_SAXENA and modified it to fix what I saw as issues. (Using base 3M instead of 1M + request.earnings(syminfo.tickerid, earnings.actual, ignore_invalid_symbol=true) instead of request.financial(syminfo.tickerid,...
What Is the Law of Supply and Demand? The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource . The theory defines the relationship between the price of a given good or product and the willingness of people to either buy or sell it. Generally, as price increases, people are willing...
A tool that helps with Identifying whether the market is a bullish market, bearish market or consolidating. This tools consist of simple moving average and RSI calculation. Green color means is a bearish market, gray color means the market is consolidating and red color means is a bearish market
This Indicator shows you the strength of the Currency based OBV RSI. If the Currency label is on the top, it is strong, if it is on the bottom, it is weak use sample image I use 1 chart just for OBV CSI :)
VIDYA DMI Oscillator w/ DSL Levels is a VIDYA smoothed Direction Movement Index with Discontinued Signals. These two add on features allow for more accurate signals by reducing noise. What is the Direction Movement Index? Within the suite of indicators that make up Wilder’s directional movement index (DMI) are the plus directional movement indicator (+DI)...
This is a standard fibonacci retracement level indicator and free to use for all. I couldn't find any decent retracement levels that works for me (and definitely wasted money on paid script access that didn't work so well for my trading style), so I created this for my own use and now sharing it with the TradingView community. Fibonacci retracement levels help...
A simple indicator that marks FULL CANDLE engulfing candles... current high > previous high current low < previous low bullish: close > open (triangle below) bearish: close < open (triangle above) A lot of the engulfing indicators available are body only. I created a FULL CANDLE indicator because that's what I prefer using. Can be useful for...
PA-Adaptive, Stepped-MA of Composite RSI is an RSI indicator using a different kind of RSI called Composite RSI. This indicator is Phase Accumulation Cycle Adaptive and uses a stepped moving average. What is Composite RSI? The name of the composite RSI might mislead a bit. Composite RSI is not "compositing" RSIs but is a rather new way of calculating the...
Are you a professional Smart Money Concept Trader? █ This premium version of our SMC indicator includes all advanced Smart Money Concept Trading techniques. The indicator includes all the important concepts such as Market Structure, Change of Character, Current Trading Range, Premium & Discount , Fractals, and Swing Structure. The indicator includes the...
With this variant of the CCI indicator you have 2 CCIs. I call it convenience the fast and the slow. The slow one has the default period of 20. The fast one has a lower value and will therefore also change his direction much faster. I don't use this as a decisive indicator, but the fast one does indicate where the standard CCI might go and so you are already...
Simple ema cross trading alerts, completely customizable fast and slow crossovers with rendered cloud. This cross indicator attempts to filter counter trend trades by added additional ema market and if crossunder/over occurs opposite of ema market the cloud will turn gray, otherwise if it's with the overall trend then red/green. The last ema is a trailing stop...
Although we cannot take credit for inventing the bell curve, our trading indicator called, The Trading Current has some very novel & one of a kind features. The Current is inspired from standard deviation channels and the investment premise that statistical outliers occur, but are not sustainable movements. We have created a unique indicator to assist you in...
Currency strength expresses the value of currency. For economists, it is often calculated as purchasing power, while for financial traders, it can be described as an indicator, reflecting many factors related to the currency; for example, fundamental data, overall economic performance (stability) or interest rates. The method used in this indicator is its...