Winningwave is a hurricane algorithm that works in all time frames and all transactions (stock exchange-coin), is too comprehensive to be explained in detail and includes many strategies. To explain briefly; It is a layered oracle algorithm that gives signals by filtering the formations (Normal and Harmonic formations) created by multiple account movements...
🟩 INTRODUCTION Hello, everyone! Please take the time to review this description and source code to utilize this script to its fullest potential. 🟩 CONCEPTS This is a trend indicator. The trend is the 0.5 fibonacci level for a certain period of time. A trend change occurs when at least one candle closes above the level of 0.236 (for long) or below 0.786...
█ OVERVIEW This a simplified version of linear regression channel which use length 200 instead of traditional length 100. █ FEATURES Color change depends light / dark mode. █ LIMITATIONS Limited to source of closing price and max bars back is 1500. █ SIMILAR Regression Channel Alternative MTF Regression Channel Alternative MTF V2
The "Monday Range" Pine Script indicator calculates and displays the lowest and highest prices during a specified trading session, focusing on Mondays. Users can configure the trading session parameters, such as start and end times and time zone. The indicator visually highlights the session range on the chart by plotting the session low and high prices and...
OVERVIEW This indicator provides us great convenience when analyzing the parity by drawing a range at the highest, lowest and middle levels of the previous time period in the time period we choose, and showing where the price is currently in the range it has created in the past. ALGORITHM - How does the indicator work ? It draws the highest and lowest values...
There are 5 horizontal lines printed by this indicator, and they extend from the last bar to a user-defined look-back period (the number of bars back from the last bar). The dark blue lines are the swing high and swing low within the look-back period. The magenta lines are the range high and range low used to define a trading range for the look-back period. The...
OVERVIEW The Channel Corridor indicator is designed to operate on a log chart of asset prices (e.g., BTCUSD), specifically on a weekly timeframe. The intent of the indicator is to provide a visual representation of market dynamics, focusing on a dynamically adjusted corridor around a Simple Moving Average (SMA) of an asset's price. The corridor adapts to...
This script combines the power of Average True Range (ATR) and a Moving Average (MA) to dynamically set stop-loss and take-profit levels. It introduces a volatility surge condition and includes a risk management table for comprehensive trade insights. 1) **Originality:** - This script is original in its approach to combining Average True Range (ATR) with a...
This Pine Script code is a comprehensive indicator for the TradingView platform, offering a variety of technical analysis tools. Below is an English introduction to its features and purposes: Introduction: This indicator is designed for traders on TradingView and provides a multi-functional analysis toolset. It includes different charting modes (Heikin-Ashi,...
Discover the synergistic power of Fibonacci ratios with traditional Bollinger Bands in the 'Fibonacci Enhanced Bollinger Bands' indicator. Ideal for traders seeking dynamic price levels for strategic entries and exits, this tool adds a unique Fibonacci twist to your technical analysis toolkit. Introduction to Fibonacci Enhanced Bollinger Bands 'Fibonacci...
The Giga Kaleidoscope GKD-C Chandelier Exit is a confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Chandelier Exit Developed by Charles Le Beau and featured in Alexander Elder's books, the Chandelier Exit sets a trailing stop-loss based on the Average True Range (ATR). The indicator is designed to keep traders in a...
The script plot the normal top and bottom Bollinger Bands and from them and SMA 20 it finds fibonacci logarithmic levels where price can find temporary support/resistance. To get the best results need to change the standard deviation to your simbol value, like current for BTC the Standards Deviation is 2.61, current Standard Deviation for ETH is 2.55.. etc.. find...
Channels Strategy User Description: This Channels strategy is a powerful technical analysis tool that empowers traders with a comprehensive view of the market's support and resistance levels. Designed for both beginners and experienced traders, this strategy brings a systematic and adaptable approach to chart analysis. Default Parameters: Swing Length...
Basically: GREEN ARROW UP = "maybe you want to test buy?" GREEN ARROW = "get yo ass in here" RED ARROW DOWN = "you might want to sell" RED FLAG = "GTFO!" Note: since this is trend based, it's obviously tough to use in a ranging market.
This indicator combines Fibonacci levels with percentage-based displacement, creating a versatile tool for analyzing moving averages in relation to market trends and potential reversal points. It's designed to adapt to different market conditions and asset types, making it a valuable addition to a trader's toolkit. Key Features: Fibonacci-Infused Averages:...
The "Custom Price Levels and Averages" indicator is a versatile tool designed for TradingView. It dynamically calculates and displays key price levels based on user-defined parameters such as distance percentages and position size. The indicator plots three ascending and descending price levels (A, B, C, X, Y, Z) around the last candle close on a specified...
" The 'Donchian Channel Percentage ' (DC%) indicator, developed for TradingView’s Pine Script Version 5, is a unique tool designed to measure the current price’s position within the Donchian Channel. The Donchian Channel, a popular indicator in technical analysis, is defined by the highest high and the lowest low over a user-specified period. Key Features : ...
The " Keltner Channel Percentage " (KC%) indicator, designed for TradingView's version 5 language, offers a unique perspective on market volatility and trend analysis, similar yet distinct from the well-known Bollinger Bands Percentage (BB%). Audience and Applications: This indicator is suited for traders who prefer a volatility-based approach but seek a...