Hello Traders, This is Support Resistance script that uses Multi Time Frame. While getting Close/Open/High/Low values of Higher Time Frames the script does NOT use Security function , instead it calculates them. while choosing Higher Time Frame, you can use "Auto" option so it uses predefined Higher Time Frames, or you can choose the Higher Time Frame...
Using volatility extreme in conjuntion with the Laguerre tops and bottoms signal from Chris Moody, it allows the user to know if the asset is highly overbought or highly oversold. Red means oversold, Green means overbought. I use it as an additional confirmation before taking a trade, short or long.
Dear Followers, does volume say something about market makers and what will happen in near future? Today a new Price Action Tool , the "Volume that matters" indicator. When a Market Maker executes his/her orders, there is no way he/she can do it without giving us some footprints: volume! Specific Volume spikes happen as reactions at support or resistance...
Using both volatility (VIXFIX) as well as the Laguerre overbought and oversold signal, this indicator allows the user to be more confident when taking a long and a short trade. Green is overbought, Red is oversold
Uses upper Bollinger band on ATR to determine entries.
Please check comments and updates for information as I add it. Thank You! This is a hybrid (indicator & drawing) approach to capturing future trends, levels, along with live support and resistance. By using a combination of built in Bonfire squaring and the REPLAY function on Tradingview , you will discover hidden trajectories for future price action in...
Yellow = Big Bar! (Trading is allowed) Purple = Nothing special going on (No trading allowed) BBD is meant to weed out all the little meaningless bars/candles that interfere with your trading. BBD is not directionally biased, it only measures volatility.
The Trend Risk Indicator is a simple bands indicator made of 2 custom averages of candlesticks ranges calculated within the variable “ BandBars ” period. Upper and lower channel bands width can be adjusted with the “ Deviation ” variable, which act as a simple factor to enlarge the spread between them. When Close crosses over the upper band, it is a bearish...
Prices high above the moving average (MA) or low below it are likely to be remedied in the future by a reverse price movement as stated in an Article by Denis Alajbeg, Zoran Bubas and Dina Vasic published in International Journal of Economics, Commerce and Management Here comes a study to indicate the idea of this article, Price Distance to its Moving Averages...
This indicator is super simple, it gives you the average amount of volatility (IN PERCENT) in any given asset over any given timeframe over the last 100 periods. Adjustable. This is useful for gauging volatility, risk, reward, opportunity set, and more. It can help you set stop losses, tell how much risk you are actually taking based on historical measures, and...
The Sniper indicator combines various indicators together in an effort to predict accurate money making signals. The indicator lets you know when to long or short. So that your trades are spot on and there is no more need for FOMO. The Sniper indicator is the secret weapon you need to give you an edge to win in this market. Frontrow Sniper is an all-in-one...
This is written primarily for intraday exits with aggressive loss control; based on short term momentum + volatilty reversals ... may not be good if you have higher risk reward appetite and want to ride the trend longer
A re-imagining of Bill William's well known Awesome Oscillator. This indicator works similarly to Bill's but from my experience, it's able to detect divergences more frequently and with better accuracy. Use the link below to obtain access to this indicator
// © PlanTradePlanMM // 6/14/2020 // --------------------------------------------------- // Name: Short in Bollinger Band Down trend (Weekly and Daily) // --------------------------------------------------- // Key Points in this study: // 1. Short in BB Lower band, probability of price going down is more than 50% // 2. Short at the top...
// © PlanTradePlanMM 6/14/2020 // --------------------------------------------------- // Name: Buy in Bollinger Band uptrend (Weekly and Daily) // --------------------------------------------------- // Key Points in this study: // 1. Long in BB Upper band, probability of price going up is more than 50% // 2. Buy at the bottom 1/4 of...
This script gives you the information on Bollinger bands in three or four different timeframes. It is designed for hourly and 15m charts, but you may use it however you want. BLACK - daily GREEN - 4h RED - 1h ORANGE - 15 m if the timeframe is below 1h How to remember colours? Black is ground, green are plants growing on it, red is the flame, orange is lower...
This is session range indicator with CLEAN code and CLEAR data presentation. There are other range indicators available but when I looked I found them unreliable or making too much screen clutter. WIth mine you can have 3 ranges on screen, measure to bodies or wickes, customise the period, (set your timezone), colours, labels and all that good stuff... I'm very...