The Liquidation Levels indicator aims at detecting and estimating potential price levels where large liquidation events may occur. By analyzing liquidation Levels, traders can identify potential support & resistance levels, identify stop-loss levels, and gauge market sentiment and potential areas of price volatility. 🔶 USAGE Liquidation refers to the...
Introduction Hello fellow traders and coders, I’d like to introduce the multi time-frame supply and demand indicator that you’ve been looking for, its a dynamic script encompassing a lot of features however it is merely a tool to be used in conjunction with your own market analysis. Features A maximum of 2 time-frames that can be customized independently. ...
Today I'm proposing an idea to form S/R with a slightly different basic idea. This is a combination of CCI and candlestick study, and we will use this to mark possible reversal candles and possible S/R lines. This is nothing complicated, I've used a basic CCI indicator with certain rules/system to mark S/R levels on the chart. (Have loaded traditional CCI...
VWAP Balance Zones (VBZ) Is based on 3 concepts. Many Traders use VWAP to help determine Price Trends. Trends are typically identified by new Highs or new Lows. Balanced is found when Supply and Demand are mostly Equal. VBZ tracks the daily, weekly, and monthly highs and lows; Then plots the average (50%) between the VWAP and the respective extremes. 50%...
Script Description: Delta Zones Buy/Sell Pressure Indicator Description: The "Delta Zones Buy/Sell Pressure" indicator, created by the original author "scarf", is a technical tool that unveils key areas of buying and selling pressure in the market. This indicator utilizes the concept of Delta, calculating differences between open, close, high, and low...
Golden Level Predictions (GLP) Trading Indicator This script introduces a custom trading indicator named "GLP" tailored for the TradingView platform. It offers various price levels derived from Fibonacci calculations and other mathematical models, assisting traders in pinpointing potential overpriced and discounted price levels. Key Features: User Inputs :...
Indicator Overview The Multi-Timeframe Supply & Demand Zones indicator by Flux Charts displays supply and demand zones on multiple timeframes with two different zone detection methods. These zones are commonly known as areas where there are lots of buyers/sellers present in the market. Adaptive Detection Method AMEX:SPY 5m timeframe, October 8 2023 ...
The PhantomFlow Dynamic Levels indicator analyzes the dynamic volume over the period specified in the Period field. Channel boundaries can be used as dynamic support and resistance levels when trading within a range. The POC level also serves as a level at which the price may react during trend movements. The Period Multiplier parameter affects how many dynamic...
DESCRIPTION : VIPER DOPING uses volume analysis to help trader to understand trading keys below: Support and Resistance Profit and Loss Estimate candle direction Trend Biggest Buy and Sell on level prices HOW TO USE: The volume bar will have buy and sell colors, by default the buy color is blue and the sell is red. The size of bar is important...
Introducing the MTF (Multi Timeframe) Breakout and Retest Indicator: This indicator is designed to enhance your trading strategy by providing a clear view of support and resistance levels across multiple timeframes. What this simply means is that you can input your levels, and be on a lower timeframe such as the 1 minute timeframe, and are able to see when your...
The "Breaks and Retests with Volatility Stop " indicator is a powerful tool designed to assist traders in identifying key support and resistance levels, breakouts, retests, and potential trend reversals. This indicator combines two essential components: support and resistance detection, and a Volatility Stop indicator for improved risk management. Below are the...
Overview: Triangles have always been known to be the strongest shape. Well, why wouldn’t that likewise apply to trading? This Indicator will create Upwards and Downwards Triangles which in turn create Support and Resistance locations. For example, we find 2 highs that meet the criteria (within deviation %, Minimum Distance and Lookback Distance). We calculate...
Overview: Support and Resistance is normally based upon Pivot Points and Highest Highs and Lowest Lows. Many times coders even incorporate Volume, RSI and other factors into the equation. However there may be a downside to doing a pure technical approach based on historical levels. We live in a time where Machine Learning is becoming more and more used; thus we...
The “Liquidity Pools” indicator is a tool for market analysts that stands out for its ability to clearly project the intricate zones of manipulation present in financial markets. These crucial territories emerge when supply or demand takes over, resulting in long shadows (wicks) on the chart candles. Imagine these regions as "magnets" for prices, as they represent...
The Range Breakout Signals (Intrabar) is a novel indicator highlighting trending/ranging intrabar candles and providing signals when the price breaks the extremities of a ranging intrabar candles. 🔶 USAGE The indicator highlights candles with trending intrabar prices, with uptrending candles being highlighted in green, and down-trending candles being...
An order block refers to a specific area on chart that represents a significant level of support or resistance where institutional traders have placed large orders. By identifying order blocks, traders can gain insights into the intentions and actions of the smart money participants. Typically, the order block is represented by the last bullish (bearish) candle...
The Monthly Range Support & Resistance Levels is an advanced analytical tool designed to assess monthly price movements and provide potential support and resistance levels. This tool examines the average monthly price fluctuations over the past 7 months (default), and creates support and resistance levels based on the opening price. The indicator also considers...
Just as "a butterfly can flap its wings over a flower in China and cause a hurricane in the Caribbean" (Edward Lorenz), small divergences in markets can signal big trading opportunities. █Introduction This is a script forked from LonesomeTheBlue's Divergence for Many Indicators v4. It is a script that checks for divergence between price and many indicators. In...