This indicator won't plot anything to the chart. Please follow steps below to set your alarms based on price range variation: 1) Add indicator to the chart 2) Go to settings 3) Choose timeframe which will be used to calculate bars 4) Choose how many bars which will be used to calculate max and min range 5) Choose max and min range variation (%) to trigger...
Discover the Power of Master Candle Trading with Our Indicator! 📈 What does it do? This indicator scans price action to identify 'Master Candle' formations, a powerful signal indicating potential trend continuations. A Master Candle occurs when the high and low of the next 4 candles are within the range of the previous candle, suggesting a period...
Introducing the Smart Money Concept Market Structure analysis indicator, a sophisticated tool designed to display the true market structure, in multiple timeframes. Inspired by Lewis Kelly's renowned strategy, this indicator offers a unique approach to defining market structure. It's worth noting that the Smart Money Concept Market Structure analysis indicator...
Flow of Trade | Supply & Demand Zones | Turtle Soup Reversal Pattern Detection (+) Built using Pine Script V5. Introduction The Flow of Trade indicator is a trading tool designed to leverage the principles of Supply and Demand, along with automatic “Turtle Soup” reversal pattern detection. This indicator is made for traders who aim to identify potential...
This indicator will simplify the price-action reading of any trader/investor by decluttering his/her charts from un-important & confusing candles to highlight the true momentum candles which are usually formed by institutional buying/selling . The indicator will be a good tool in the arsenal of the following styles of Trading/Investing Smart Money /...
Double Inside Bar Indicator Or Consecutive Inside Bar Highlighting This custom Pine Script indicator is crafted for traders who utilize the traditional Inside Bar . A Double Inside Bar is a more specific pattern, involving two consecutive bars that are both contained within the range of a preceding "mother bar". This script not only detects these patterns but...
Volume Spread Analysis with Trend Direction is an indicator designed to Identify trend based volume spread. Volume Spread Trend This is a very simple yet powerful to identify Trend and corresponding volume Breakout. Unlike other Volume Indicators this indicator detects Breakout along with trend direction. One can detect the Early breakout in volume using...
Rules are pretty simple for this indicator .we are searching candlestick pattern on current day high and low .. *** Candlestick we are looking for *** 1) Bullish/Bearish Engulfing 2) Bearish/Bullish Harami 3)Hammer/Inverted Hammer Rule for searching bullish candlestick ====> 1) searching for current day high and day low 2) looking for candlestick as...
█ OVERVIEW The indicator tracks when the weekly tops and bottoms occur and reports the statistics by the days of the week. █ CONCEPTS Not all the days of the week are equal, and the market dynamic can follow through or shift over the trading week. Tops and bottoms are vital when entering a trade, as they will decide if you are catching the train or being...
Wick Length Prediction is a Pine Script indicator crafted to empower traders by predicting the potential length and direction of the next candle's wick based on historical price action. By analyzing previous candles' wick sizes, this tool provides valuable foresight into future price dynamics, enhancing decision-making for traders. Key Features: Wick...
Based on analysis from @tedtalksmacro, I have put together a similar tool that helps to visualise whether institutions (Coinbase and Deribit) or native crypto whales (Binance and Bitfinex) are leading the BTC spot buying. This is plotted as the normalised relative difference (-1 and 1) between the average of Coinbase and Deribit spot price versus Binance and...
The indicator draws boxes when close to close returns are positive for at least a specified number of bars. The last bar is only included in the box (if positive) after the market is closed, to avoid false positives. The standard use (by William O'Neil) is on weekly charts, using at least five consecutive up bars to define a box (indicating strong institutional...
🔵 Introduction Truly, the title "TradingView" doesn't do justice to this excellent website, and that's why I've written about its crucial aspect. In this indicator, the identification of all candlesticks known as "Pin bars" is explored. These candlesticks include the following: - Hammer : A Pin bar formed at the end of a bearish trend, with its body being...
"Smart" Order Block Supply and Demand Indicator – a tool inspired by Smart Money Concepts and designed to complement your trading style. It's not about perfection, but rather about enhancing your trading insights and catching things you might have missed. Keep in mind that the structural representation here is subjective, just like many other indicators. It's...
█ Introduction The Liquidation Zone indicator is designed to identify key price ranges where significant market activity, such as the liquidation of positions, is likely to occur. These zones are identified based on a specific candlestick pattern, offering insights into potential areas of market sensitivity. █ Key Features: ► Specific Candlestick Pattern...
Uncover hidden patterns and potential reversal zones with the Diamond Grids Indicator. This script introduces a unique approach to visualizing price extremes within a specified range, aiding traders in identifying critical support and resistance levels. The indicator dynamically calculates and displays diamond-shaped grids based on user-defined short and long...
Hello Traders! I was using this script personally and thought it may be helpful to others that trade much lower timeframes. This script is particularly useful for traders who monitor price movements across multiple timeframes or need to synchronize their strategies with the start of new candle open. Features: User-Selectable Timeframe : Users can select the...
This indicator is designed to help you recognize the price movements within a candle/bar more quickly and easily. Typically, candle coloring is based on the opening and closing prices, but in this indicator, I followed the OHLC values in reverse order: starting with closing, low, high, and then opening. Each of these is compared with the value in the previous...