This indicator is used to detect high volume levels of positions that serve as target or positioning levels. Of course it is not 100% accurate and must be aligned to a prior fundamental and technical analysis
Austin’s Range Filter with Trade Signals Description: Austin’s Range Filter with Trade Signals is a versatile indicator that combines a custom range filter with dynamic buy and sell signals based on EMA crossovers. This indicator is designed to help traders easily identify trend reversals and optimal trade entry/exit points. Key Features: • Range Filter...
The technical rating is one of the most perfect indicators. The reason is that this indicator is based on a majority vote of multiple indicators. It is logical that the judgment based on a majority vote of multiple indicators would not be inferior to the judgment made using only a single indicator. However, just as any indicator has its shortcomings, the technical...
The "RSI Slope Filtered Signals " is a technical analysis tool designed to enhance the accuracy of RSI (Relative Strength Index) signals by incorporating slope analysis. This indicator not only considers the RSI value but also analyzes the slope of the RSI over a specified number of bars, providing a more refined signal that accounts for the momentum and trend...
This is to my friends and to my sons to use. What Is the Relative Strength Index (RSI)? The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to evaluate overvalued or undervalued conditions in the price of that security. The RSI is displayed as an...
🔵 Introduction The ICT Balanced Price Range (BPR) indicator is a valuable tool that helps traders identify key areas on price charts where a balance between buyers and sellers is established. These zones can serve as critical points for potential price reversals or continuations. 🟣 Bullish Balanced Price Range A Bullish BPR forms when a buying pressure zone...
This indicator helps traders visualize price ranges and volatility changes. Designed to assist in identifying potential consolidation zones, the indicator uses multiple layers of Bollinger Bands combined with volatility-based shading. This can help traders spot periods of reduced price movement, which are often followed by breakouts or trend...
Fibonacci pivots combine Fibonacci retracement levels with pivot points to provide potential support and resistance levels. This tool is based on the idea that price tends to retrace a predictable portion of a move, after which it often continues in the original direction. Here’s a breakdown of Fibonacci pivots: 1. Pivot Point (PP) The central level that acts as...
Seasonality with Custom Interval Lookback by TradersPod Description: This script is a modified version of Kaschko's original Seasonal Trend with Interval Lookback indicator, designed to help traders analyze seasonal trends over customizable intervals. The modifications in this version provide enhanced flexibility and improved visualization, making it a...
The Pine Script indicator "Winning and Losing Streaks" tracks and visualizes the length of consecutive winning and losing streaks in a financial series, such as stock prices. Here’s a detailed description of the indicator, including the relevance of statistical analysis and streak tracking. Indicator Description The "Winning and Losing Streaks" indicator in Pine...
📈 Use the Relative Strength Index (RSI) calculated across multiple time frames to generate signals 🔹 Intraday: Displays a table with real-time RSI values for the time frames of 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, and 1 day. 🔹 Standard: Displays a table with real-time RSI values for the time frames of 30 minutes, 1 hour, 4 hours, 1 day, 1 week, and...
Buy Signal: Triggered when ROC > threshold and the MACD line crosses above the Signal line. Sell Signal: Triggered when ROC < threshold and the MACD line crosses below the Signal line. Visual Elements: Green labels with "Buy" are displayed below the bars for buy signals. Red labels with "Sell" are displayed above the bars for sell signals. The background turns...
This script offers an advanced RSI-based overlay table designed to identify and highlight divergences across multiple timeframes (Daily, Weekly, Monthly) for up to 13 tickers. It employs a pivot-based detection mechanism that spots positive and negative divergences, helping traders identify potential trend reversals or continuations. Key Features 1....
The Distance Weighted Moving Average With Standard Deviations enhanced by Normalizing it (DWMA & NDWMA) is an advanced technical indicator designed to identify trends, potential breakouts, and reversals while accounting for market volatility. By combining a weighted approach to moving averages with dynamic standard deviations and a normalized component, this tool...
Buy or sell based on ATR,RSI,Bolinger,Keltner and 2STD
This indicator is named "EMA-BAND-PIVOT-VCP" and integrates multiple elements such as moving averages, volume, volatility contraction patterns (VCP), pivot points, and a table to display key market metrics. Key Features: Moving Averages: ( 4 - EMA) default settings 20 , 50 ,144 , 200 . Can be changed in settings. Pivot Highs and Lows: The script detects pivot...
The 10 Pip Option Premium Scalping Strategy is designed to repeatedly enter and exit trades based on the following simple technical indicators and logic, with a goal of taking small, consistent profits (10 pips or 10 rupees) from each trade. It is suited for 1-minute charts and weekly options trading, where 1 pip is equivalent to 1 rupee. Key Components of the...
This Pine Script strategy utilizes the Commitment of Traders (COT) data to inform trading decisions based on the Williams %R indicator. The script operates in TradingView and includes various functionalities that allow users to customize their trading parameters. Here’s a breakdown of its key components: COT Data Import: The script imports the COT library...