The Follow Through Day can help to identify a new uptrend after a market correction. It occurs if a major index such as the SPX or NDX closes significantly above the previous day on increased volume and after an attempted rally. An attempted rally starts after a market downtrend if the major index closes with a gain and it stays alive as long as the low of the...
This script boxes a custom session and sets the box at the high and low of the session and draws that box to the next session. Box color is determined by price in relation to the box position. Box color is set at the start of the next session. This allows user to lookback at multiple box sets to see how each day closed in relation to the session highlighted. I...
This indicator calculates pivots of 2nd, 3rd and 4th order in the current timeframe. The idea is borrowed from the book "The Art and Science of Technical Trading" by Adam Grimes: "A pivot high is a bar that has a higher high than the bar that came before it and the bar that comes after it" "Second-order pivot highs are first-order pivot highs that are preceded...
PrevHighLow Trend Indicator which is calculated by using prev lowest and highest of p1 -period and p2 -period for two MAs. First MA is made of prev highest of p1-period / prev lowest of p1-period. Second MA is faster, made up of p2(<p1)- period(same formula). Can be used in the next way: slower MA(straight line) shows main trend, faster shows temporary...
This script will continuously draw a boxplot to represent quartiles associated with data points in the current rolling window. Description : A quartile is a statistical term that refers to the division of a dataset based on percentiles. Q1 : Quartile 1 - 25th percentile Q2 : Quartile 2 - 50th percentile, as known as the median Q3 : Quartile 3 - 75th...
This is opening source code version: Fibonacci + Support/Resistant + Trendline (One of Advanced Price action Analysis). How it works: It find entry Long/Short by combining: Fibonacci + Support/Resistant + Trendline 1. Find Impulse wave: To findind Impulse wave, It uses Pivot High/Low to find Impulse wave. In case find entry Long, If having Pivot High higher...
There are many levels suites out there but many of them use the line series and/or label series to create multiple levels. Pine v5 provides the capability to use line arrays and labels so I wanted to create some code that is extensible to add additional lines/levels and labels to an array of lines with very little effort. There is also some Market Breadth info...
Implementation of Pi Cycle Top and Pi Cycle Bottom with clear visualization Pi Circle Top is slightly modified to be closer to Pi sma 113 & sma (355) * 2) Pi Circle Bottom is ISO sma 571 & ema 150 Script will adapt to timeframe but under hourly it might not work due to the high amount of candles to take into account.
Trendmaster™ - Liquidations is a Crypto Specific Indicator that shows liquidation levels depending on the leverage of positions entered within a certain period. What are Liquidation Levels? A liquidation level is expressed as a percentage value of the assets in a trader's margin account. If a Crypto trader's positions go against them, their account will...
Copy/Paste Levels allows levels to be pasted onto your chart from a properly formatted source. This tool streamlines the process of adding lines to your chart, and sharing lines from your chart. More than one ticker at a time! This indicator will only draw lines on charts it has values for! This means you can input levels for every ticker you need all at once,...
Price Pivots for NASDQ 100 Stocks What is this Indicator? • This indicator calculates the price range a Stock can move in a Day. Advantages of this Indicator • This is a Leading indicator, not Dynamic or Repaint. • Helps to identify the tight range of price movement. • Can easily identify the Options strike price. • Develops a discipline in placing...
Our W.A.P ( Weighted Average Pricing s ) indicator is made of four different types of "WAPs". We have added the two common types known as VWAP and TWAP . In addition, we added our two custom types known as CWAP and GWAP . Each is plotted using a fully customizable two-tone color palette represented by Bullish or Bearish. In addition, each WAP has a...
Our P.R.V (Previous Range Values)(Basic) indicator is pretty simple; it plots the previous ranges of the high/low for the structured timeframes. This helps to quickly identify the primary Historical supports and resistances according to the Gregorian time structure. Additionally, a 'custom' field allows for a wider selection other than the scripts default,...
Remove plot line for a better view. I've made this to work on "US30 Global Prime" probably works on other pairs the codes left open to mod. This Indicator shows 3 sessions to help you focus on timing. This will help you with learning pattern recognition aswell. 1. Gray zone is spreads. The gray zone will show up 30 min before spreads open up. 2. Blue is new...
It is with RSI level and Zigzag Pattern that Market goes on Maximum level and Lower Level And it is also Showing High and Law Level of last Moving Candle so it is easy to entry and Hold
It is with RSI level and Zigzag Pattern that Market goes on Maximum level and Lower Level And it is also Showing High and Law Level of last Moving Candle so it is easy to entry and Hold
This indicator is called Indian Pivot Boss _ Pivot Based Oscillator. This is an oscillator based on pivot level of each candle. It is based on the concept outlined in the Secrets of Pivot Boss book. It is the average of mutual differences between fast moving average, medium moving average and slow moving average of the candle pivots. This is then plotted as an...
Our T.R.B ( Time Range Breakout ) indicator is very similar to the O.R.B ( Open Range Breakout ) indicator. This script plots the high/Low within a custom time-range which then extends that plot to end-of-day. A Fibonacci extension is then drawn from that range. The default settings of this indicator set the similarities to the ORB. This script only displays...