A simple indicator that attempts to identify displacement in price by alerting you when two simultaneous Fair Value Gaps (FVGs) occur. When two fair value gaps occur, the indicator will print a green bar (if bullish) or a red bar (if bearish). If you right click on the indicator you can turn on alerts that will pop up every time a dual FVG occurs. Fair Value...
Broadening formations are common chart patterns observed by technical traders. A broadening formation is formed when the volatility of an asset increases, thus expanding the range of its price resulting in higher highs and lower lows. The Broadening Trendline indicator, works by looking for pivot points where a higher high or lower low is made compared to the...
This script is designed to change the color of bars on a trading chart based on different trading sessions in Eastern Time (ET). It is different from currently published scripts in that it specifically focuses on US time sessions and provides a customizable approach to defining and coloring each session. To use this script, you can apply it to a chart by...
I've created a user-friendly trading indicator that interprets and visually presents support and resistance levels, transforming raw data into actionable insights. Here's a glimpse of what you might encounter: Today's trigger points (ES) Support: 4264.5,4220.75,4131.5,4164.5,3980.75,4182.5,4174.25,4120,4112.25,4089.25,4085.75 Resistance:...
This Indicator Identifies and draws the support and resistance Zones On the Chart 🔶Overview The support and resistance indicator is a technical indicator that will plot the support zone and resistance zone on the candlestick chart. It determines the price touches to find the strong support resistance zones. The support and resistance indicator is the most...
Trendline Pivots The Trend Line Pivot Indicator works by automatically drawing and recognizing downward trendlines originating from and connecting pivot highs or upward trendlines originating from and connecting pivot lows. These trendlines serve as reference points of potential resistance and support within the market. Once identified, the trend line will...
Introducing "Volume Profile Bar-Magnified Order Blocks", an innovative and unique trading indicator designed to provide traders with a comprehensive understanding of market dynamics. This tool takes the concept of identifying order blocks on your chart and elevates it by integrating a detailed volume profile within each order block zone. Unlike standard order...
This script is primarily intended as a scalping tool. The theory of the tool is based on the fact that the price always returns to its mean. Elements used: 1. VWMA as a moving average. VWMA is calculated once based on source close and once based on source open. 2. the bands are not calculated like the Bollinger Band, but only a settlement is calculated for...
The script below is designed to show up to 4 different trading sessions i.e. London, New York, Tokyo and Sydney sessions, it also displays the days each session is taking place in as well as two horizontal lines one for the previous days high and the other for the previous days low. It also displays a table that shows the user the highest and lowest price for 4...
OVERVIEW This indicator automatically identifies and draws recent high-probability support and resistance levels (recent key levels). Specifically, yesterdays highs / lows, premarket highs / lows, as well as yesterdays end of day Volume Weighted Average Price and trader specified Moving Average. This is most useful on charts with intraday time frames (1 minute,...
The Support Resistance Classification indicator shows SR levels from a user-defined range using higher time-frame data (HTF). Levels are classified 1 through 10 based on their strength, with lower values indicating stronger support/resistance levels. This indicator doesn't use visible range functionality, in contrast to our Support Resistance Classification...
Weekly Range Support & Resistance Levels Description: The Weekly Range Support & Resistance Levels analyzes weekly ranges and takes the average range of the last 30 weeks (default setting). It also takes the average +/- a standard deviation, and creates support & resistance levels/zones based on the weekly opening price. The levels will update each week,...
The Swing Volume Profiles indicator aims to calculate and highlight trading activity at specific price levels between two swing points; allowing traders to reveal dominant and/or significant price levels based on volume. By measuring traded volume at all price levels in the market over a specified time period, the script can also be used to detect some key...
The "AggBands" indicator is a custom trading indicator designed to provide a consolidated view of the price action across multiple assets or trading pairs. It combines the price data from multiple tickers and calculates an aggregated price using user-defined weights for each ticker. The indicator starts by defining the tickers to be included in the aggregation....
The Support Resistance Classification (VR) indicator shows SR levels on any chart's visible range using higher time-frame data (HTF). Levels are classified 1 through 10 based on their strength, with lower values indicating stronger support/resistance levels. This indicator uses visible range functionality, whereas if you adjust your chart to show previous price...
█ Moving Averages + Bollinger Bands and Rolling Volume Weighted Average Price with Standard Deviation Bands (Multi Timeframe) Multiple moving averages can be independently applied. The length , type and timeframe of each moving average are configurable . The lines and colors are customizable too. This script can display: Moving Averages ...
*In a cutting system, from the lowest price of the red momentum to the highest price of the green momentum of the range of candles, cuts of different heights are created and the volume of transactions is calculated. *Volumes in red and green candles each layer are calculated separately. *The start of the candles can be from a candle other than zero. *The maximum...
"Anchored VWAP Pinch & Handoff, Intervals, and Signals" is an AVWAP toolbox for those who like to use various VWAP trading techniques. The indicator is currently comprised of the following three sections: • The Pinch & Handoff section (shown above on chart) allows manually setting an upper and lower AVWAP (Pinch) along with an additional AVWAP (Handoff) by...