Hi all! I hope that this indicator helps you to be a more efficient trader. The concept is well known and useful. So this is not some magic algorithm founded by me, but rather a well known concept. The concept is the drawing of trendlines. It draws trendlines that has a retest. It draws the trendlines in different colors, the colors used are blue, red, fuchsia...
Description: The watermark indicator is designed to enhance the visual presentation of your trading charts by adding customizable watermarks. This tool allows you to overlay essential information, such as ticker symbols, timeframes, dates, and custom text, directly onto your charts. While providing larger text options then all other watermarks currently...
Smart Dynamic Stop Loss (SDSL) Indicator The Smart Dynamic Stop Loss (SDSL) Indicator creates a stop loss level that dynamically adapts to market conditions. How It Works / How To Calculate: 1. **Initialization**: The indicator initially sets a stop loss level at a specified percentage (default 2%, user-adjustable) below the current price. 2. **Upward...
Indicator Name: "5-9-20-100 Day EMA" Purpose: This indicator plots four key EMAs (5, 9, 20, and 100-day) on a daily chart, providing a clear visualization of both short-term and long-term trends. The EMAs serve as critical triggers for identifying potential entry and exit points based on price interactions with these moving averages. Technical Details: Version:...
# Ichimoku Power Indicator ## Overview The Ichimoku Power Indicator is an advanced tool that combines the traditional Ichimoku Cloud system with a unique power ranking mechanism. This indicator provides traders with a comprehensive view of market trends and potential reversal points, all while quantifying the strength of bullish and bearish signals. ## Key...
Description: The Revenue Grid indicator helps traders and investors visualize a stock’s valuation by plotting horizontal lines based on its price-to-sales (P/S) ratio. This tool displays how the stock price compares to multiples of its total revenue per share, giving a clear perspective on valuation benchmarks. Fundamental Concept: The price-to-sales ratio...
Input time A (open time) and time B (closing time) do not do anything with the year-month-date, it's there because I don't know how to fix it and it needs to be in such format. the difference of price will be shown on the indicator window one candle after the closing time (opening at such time) For research purpose only, no other intended purposes.
Catastrophe Distance is a tool to visually explore the time between catastrophic price moves. Catastrophes are defined with 2 variables: drawdown_threshold: the amount of percent the price has to fall lookback_period = the amount of last candles in which drawdown_threshold was reached. Drawdown_threshold per default is 25% and lookback_period is 5, meaning per...
Description: The Good Signal Indicator utilizes Exponential Moving Averages (EMA) across multiple timeframes to provide buy or sell signals based on the relative positioning of short-term and long-term EMAs. Features: Multiple Timeframes: Includes EMAs for 1 minute, 5 minutes, 15 minutes, 1 hour, 4 hours, and 1 day. Customizable Settings: Allows for the...
What this script does: The purpose of this script is to help traders identify when the major sectors of the market are moving in one direction - also known as a "market trend day". How this script works: The indicator uses QQQ, SMH and NVDA to represent the technology side of the market, and XLF, XLV & IWM to represent everything else. It tracks where price...
Description: The indicator displays "recommendations" for the active symbol (Buy, Strong buy, Sell, Strong sell or Hold), based on the Tradingview's recommendations data. There are 3 presentations you can choose from: - Bar -> displays a vertical/horizontal bar with sections for each rating - Pie chart -> displays a pie chart with sections - Table -> displays a...
CRYPTOCAP:TOTAL This Pine Script indicator, **"EMAS"**, provides an enhanced visualization of multiple types of moving averages, including both **Exponential Moving Averages (EMA)**, **Simple Moving Averages (SMA)**, and **Double Exponential Moving Averages (DEMA)**. It allows the user to observe the relationship between these different types of moving averages...
TradingView Multiple EMA Indicator: A Comprehensive Trend Analysis Tool The TradingView Multiple EMA Indicator is a powerful and versatile tool designed to provide traders with a comprehensive view of market trends across multiple timeframes. By incorporating five Exponential Moving Averages (EMAs) with customizable lengths and sources, this indicator offers a...
This indicator advises intraday traders which direction NOT to take trades in, based on recent action in the daily chart. Works on any timeframe. This is not a buy/sell indicator - it is a FILTER that is meant to SUPPRESS trades you may have wanted to take. Like a Daily Bias, but with a neutral position (no bias). The indicator shows when NOT to take longs and...
**Indicator Overview:** The *Quantum Fibonacci Wave Mechanics* indicator is a powerful tool designed to help traders identify dynamic support, resistance, and target levels based on the Average True Range (ATR) and Average Daily Range (ADR). This indicator leverages Fibonacci ratios to calculate precise entry and target levels, providing a comprehensive approach...
This Pine Script indicator displays horizontal lines representing the high and low levels of the previous trading day, extending them to the right side of the chart for better visibility. It updates automatically at the start of each new trading day. Features: Daily High and Low Levels: Marks the high and low levels of the previous day with horizontal lines. ...
Market Structure Based Dynamic Stop Loss Introduction The Market Structure Based Stop Loss indicator is a strategic tool for traders designed to be useful in both rigorous backtesting and live testing, by providing an objective, “guess-free” stop loss level. This indicator dynamically plots suggested stop loss levels based on market structure, and the...
The Whaley Breadth Thrust Indicator (WBT) is a momentum-based technical indicator designed to identify the strength of market trends. It measures the market's breadth by comparing advancing stocks to declining stocks, providing insights into whether a market is in a bullish, neutral, or bearish state. This script calculates the indicator based on the advancing and...