//Pluto star appears on a chart when price goes in the in the extreme price range territory, i.e. beyond 2 standard deviation from the mean (or mid Bollinger Band). //What makes a Pluto Star appear on a chart: //1. Check if the candle 's' high and low, both are completely outside of the Bollinger Bands (close, 20, 2) - Lets call it Pluto Star Candle //2. ...
Introduction OCS : Optimal Confidence Scalpers, Utilise the computational approach towards finding confidence estimating in signal generating process, It helps u enter and exit the financial markets quickly, It buy and sell many times in a day with the objective of making consistent profits from incremental movements in the traded security's price. As we all know...
This is the trader's dynamic index inspired by Steve Mauro's BTMM strategy. In addition to the RSI, Trendline, Baseline, Volatility Bands I have also included additional trend biases that are painted in the background to provide more confluence when the markets break out in either direction. For convenience, a position size calculator is included for all users...
The script uses Volume and upgraded support and resistance as major trend identification . Flag Icon as an indication of 52 weeks high The indicator detects immediate change of trend and immediately opens position for the major trend. User can enjoy in all types of financial market (One way market only) More volatility in the market will be much...
This Indicator will print basically 4 lines. You have to understand the importance of the "Initial Balance" the first trading hour of Cash session is very important in trading stocks and indizes. So you will get 4 lines: Opening Initial Balance High Initial Balance Low Initial Balance Midpoint/Halfback Most indicators for Range Box, Opening Trade,...
This indicator shows where price needs to be and when in order to cause the 20-sma and 50-sma moving averages to change directions. A change in direction requires the slope of a moving average to change from negative to positive or from positive to negative. When a moving average changes direction, it can be said that it has “rolled over” or “rolled up,” with...
█ OVERVIEW The FXC Order Bock Finder finds and draws institutional order blocks according to the Smart Money Concept. Order blocks are zones where institutions have most likely left some orders that need to be filled at a later point in time. In These order blocks or POIs can be used to either place limit orders or to look for instant entries as price comes to...
BACKGROUND This indicator calculates the daily and weekly +-1 standard deviation of the S&P 500 based on 2 methodologies: 1. VIX - Using the market's expectation of forward volatility, one can calculate the daily expectation by dividing the VIX by the square root of 252 (the number of trading days in a year) - also know as the "rule of 16." Similarly, dividing by...
This indicator shows the classic stock volume chart with a plottable 20 periods SMA line. Along with this, it shows to the top right of the pane a percent, showing the current "volume force". This force is calculated as the SMA of the last 3 volume candles excluded the current candle (only counts finished candles) and then compare it with the standard 20 periods...
SpaceTime Levels Part of the SpaceTime Complete Suite SpaceTime Levels provides a much needed improvement in the display of multi session compatible levels related to TPO calculations (Time x Price) The relevant levels are neatly mapped out in a way that is easy to read without the need of the whole profile, e.g. having VA levels D/W/M without the...
SpaceTime TPO Part of the SpaceTime Complete Suite SpaceTime TPO Provides an modified codebased to remastered to display the TPO Calculations in a separate indicator with multiple new features, a separate release was necessary in order to maximise the usage of the draw history that can be provided. Significantly improved from its predecessor Spacetime...
Quick Levels allow users to quickly add multiple levels to their chart all at once through an intuitive user interface! No need to fiddle with drawing lines and then inputting their exact position afterwards, do all of it with one string of numbers! Insert multiple levels at once, simply separate your price levels by commas(,). Insert levels across tickers to save...
MUNICH'S MOMENTUM WAVE: This momentum tracker has features sampled from Madrid's moving average ribbon but has differentiated many values, parameters, and usage of integers. It is derived using momentum and then creates moving averages and mean lengths to help support the strength of a move in price action, and also has the key mean length that helps determine...
OBV Trend is a modification I made in other scripts, so that after months of testing, I got a very accurate indicator as to the right moment to enter a high-yield trade. The red line indicates the very short-term OBV variation, counting the last 3 candles. The yellow line shows the short-term OBV variation, counting the last 9 candles. The white line shows the...
This indicator helps you flagging areas where the volume is higher or lower than a moving average of the volume. You can define a % threshold and whether you want the volume to be below or above the simple moving average of the volume. The areas that are above the MA of the volume are shown in green and below in red. Lookback parameter This parameter allows you...
An imbalance is created when the order block creates such impulsive volume in the market that it throws off the equilibrium between buyers and sellers, forming a gap. This is referred to as imbalance or FVG. These gaps act as a magnet for price to retrace to, in order to correct the disturbance in market equilibrium. Imbalances = FVG This image above shows...
ROS (Revolver Oscillator Strategy) Version 1.2 Description This script combines three popular oscillators (RSI, Ultimate Oscillator and MFI) to accurately determine the price momentum of an asset. Context - RSI (Relative Strength Index) is a momentum oscillator that measures the speed and change of price movements over a period of time (14). - Ultimate...
█ This Indicator is based on Pivot detection to show bands and channels. The pivot price is similar to a resistance or support level. If the pivot level is breached, the price should continue in that direction. Or the price could reverse at or near this level. █ Usages: Use channels as a support & resistance zone. Use bands as a support & resistance zone....