Explanation of the Code: Bullish Engulfing: low <= low : The low of the current candle is lower than or equal to the low of the previous candle. close >= close : The close of the current candle is higher than or equal to the close of the previous candle. close > open: The current candle is bullish. open > close : The previous candle is bearish. Bearish...
What You See: Session Boxes: As you observe, the larger purple box represents the Asian Session, spanning from around 22:00 to 06:00 UTC. You notice how it captures the overnight market activity. The smaller, greyish box marks the London Session, from about 08:00 to 12:00 UTC. You can see how the price action changes during this session. The New York Session is...
Library "LightyearWebhook" This library provides functionality to create a webhook signal configuration for trading strategies. It generates a JSON string with relevant trading information which can be sent to external systems. signal_config(leverage, contract_size, token) signal_config @description Generates a JSON string containing the signal...
It is very simple strategy, in this you will will whenever MA 7 crossover MA 30 you will get the Buy and Sell signal. Best time frame to test this strategy is 4 hour and 1 day. Also you can try 1 hour and 15 min time frame
Overview The Premarket Std Dev Bands indicator is a powerful Pine Script tool designed to help traders gain deeper insights into the premarket session's price movements. This indicator calculates and displays the standard deviation bands for premarket trading, providing valuable information on price volatility and potential support and resistance levels during...
Regression Indicator Indicator Overview: The Regression Indicator is designed to help traders identify trends and potential reversals in price movements. By calculating a regression line and a normalized regression indicator, it provides clear visual signals for market direction, aiding in making informed trading decisions. The indicator dynamically updates...
Money Flow Profile Overview This indicator is designed to analyze trading activity and identify key supply and demand zones using volume and money flow data. It is an advanced tool for traders who want to incorporate volume profile analysis into their trading strategy, enhancing their ability to spot potential reversal zones and understand market sentiment. ...
The Candle Body Percentage Indicator is a custom TradingView script designed to display the percentage of the candle's body relative to the full candle length for each bar on the chart. This indicator helps traders quickly assess the strength of price movements by comparing the body (the range between the open and close prices) to the total range of the candle...
ATR X-Power is a simple graphical representation of Average True Range. The ATR is calculated on a daily basis and averaged over the "Length" specified in settings (default is 14 days). At the start of the day, the starting price is recorded and five horizontal lines are drawn which illustrate possible ranges for the day: Starting price Starting price +...
▋ INTRODUCTION: The “Portfolio Index Generator” simplifies the process of building a custom portfolio management index, allowing investors to input a list of preferred holdings from global securities and customize the initial investment weight of each security. Furthermore, it includes an option for rebalancing by adjusting the weights of assets to maintain a...
The Pure Price Action Order & Breaker Blocks indicator is a pure price action adaptation of our previously published and highly popular Order-Blocks-Breaker-Blocks script. Similar to its earlier version, this indicator detects order blocks that can automatically turn into breaker blocks on the chart once mitigated. However, the key difference/uniqueness is...
Large Shadow Detector for TradingView This Pine Script indicator highlights candles with shadows (wicks) exceeding a customizable threshold in points on the XAU/USD chart, specifically for the 1-hour timeframe. Key Features: Customizable Shadow Threshold: An input field allows users to set the threshold for detecting large shadows. The default is set to 3400...
Overview: The "Carlos Index" is designed to help traders identify potential buy and sell opportunities by combining an Exponential Moving Average (EMA) with recent high and low levels of price action. This indicator is particularly useful for those looking to spot trend reversals and potential support/resistance zones. How It Works: EMA Calculation: The...
Outside Bar Percentage by Hour Indicator Description: The "Outside Bar Percentage by Hour" indicator is a powerful tool designed to analyze the occurrence of outside bars within each hour of the trading day. This indicator not only tracks the frequency of these key market events but also provides a detailed breakdown of their distribution, allowing traders to...
Title: Candlestick Reversal Signals This Pine Script indicator is designed to identify and plot signals for two key candlestick reversal patterns: Bullish and Bearish Engulfing patterns, as well as Bullish and Bearish Harami patterns. These patterns are widely recognized for their ability to indicate potential trend reversals in the market, providing traders with...
WODIsMA Strategy is a versatile trading strategy designed to leverage the strength of moving averages and volatility indicators to provide clear trading signals for both long and short positions. This strategy is suitable for traders looking for a systematic approach to trading with adjustable parameters to fit various market conditions and personal trading...
This script remaps TradingView's sector and industry categories to standard classifications and displays them in the top-right corner of the chart making it easy to quickly identify a security's sector and industry. This tool is useful for traders and analysts who prefer standard industry classifications while using TradingView's charts.
Introduction: This indicator is designed to implement "The Strat" trading strategy combined with a Timeframe Continuity Dashboard and Combo Dashboard. The Strat is a robust trading methodology that relies on price action and candlestick formations to make trading decisions. This script helps traders to identify specific bar types such as Inside Bars (1),...