This indicator works with Follow Line Indicator , evaluates the angle for possible additions or reductions of the position. Many settings to play with:
- FOLLOW LINE CURRENT CHART RESOLUTION
- FOLLOW LINE HIGHER TIME FRAME
- FILTER HIGHER TIME FRAME
- NO FILTER HIGHER TIME FRAME
- ANGLE CONFIGURATION
This is a better, cleaner version (in my opinion) of an part of an indicator I was using that was coded up by cI8DH. I reached out to him about cleaning up the code (things weren't working) for Pinescript v4, but he no longer seems to be active, so I thought I might take it upon myself to at least work out this portion of the indicator.
Much credit goes to him....
Since I love to mix and match, here is something fresh and that actually works on the breakout of Ethereum without losing your ass on lagging indicators.
It blends some of the nice parts of my previous scripts while moving to big boy pants with a twist on the Fibonacci retracement using SMA and EMA at multiple levels to do a sanity check.
Is it too good to be...
A simple script to filter bull and bear markets by using percentile rank filter. Using market regimes to filter by bull/bear/sideways markets helps to understand how your strategy will
behave in various market regimes and allows you to avoid unprofitable regimes and only trade in profitable ones.
The idea of market regime filtering is used in the most successful...
Altered TSI provides a slightly more volatile signal that demonstrates extremities in price action with greater success than standard TSI. In addition, I added bull/bear cross indicators (green/red) to make it easier to notice the crosses to save time when the market is moving fast (I couldn't find a regular TSI script with this addition). Finally, the...
I decided to republish this one without the trend filter and with all the major symbols active. This will allow for all the patterns to show up.
Due to 15 different candlestick formations in this one script, it will be difficult to turn off the last few due to screen size. You can turn off individual patterns on the settings screen.
I have everything spelled out...
The FollowLine indicator is a trend following indicator. The blue/red lines are activated when the price closes above the upper Bollinger band or below the lower one.
Once the trigger of the trend direction is made, the FollowLine will be placed at High or Low (depending of the trend).
An ATR filter can be selected to place the line at a more distance level than...
See market structure at a glance with Higher Highs and Lower Lows. Bullish/Bearish/Ranging market bias is automatically derived. Optionally get alerted for breaks in market structure. Uses true Local Highs/Lows instead of simply the highest/lowest "pivot" for x bars. Can be useful as a support for learning market structure or for alerts for a change in structure...
Plain simple way of calculating divergences
We all have times when we want to see just the divergences and nothning else
This script is minimalised to visualize that
// stochastic // divergence // stoch //
Do you find it difficult to analyze trends?
This indicator will help you to have an objective analysis of the trend.
Let's start .....
In this indicator Bears and Bulls go their separate ways.
-The Bull line (bullish green) always goes above zero.
-The Bear line (bearish red) always goes below zero.
With a quick glance, you will know who is winning.
I was using another script that colored the bars to show the different candle patterns. Thanks to HPotter (www.tradingview.com). Unfortunately, I can't think that fast when looking across a screen of charts with different color bars. Fortunately, Tradingview came up with symbols and names on 2/26/15. I decided to take my favorite symbols and...
This indicator finds possible points of reversion, you can use it to stack positions and get a good average price for when the price changes direction, it is the trader responsibility to manage the position and make a profit.
This script detects an event created by Oliver Velez, basically it is a wide-range candle, its range is noticeably larger than the previous candles, this event indicates a possible continuation of the movement, or the beginning of an extended movement. The candle has to be of good body, as a rule it can be taken that the body must be more than 70%. The stop goes...
On this occasion I present a script that detects Ignored Red Candles and Ignored Green Candles, basically it is a Price Action event that indicates a possible continuation of the current trend and gives the opportunity to climb it with a Very tight risk, before delving into detail I would like to leave this note:
Note: the detection of this event does not...
Bitcoin 🔥 Bulls & Bears 🔥
This free-of-charge BTC market analysis indicator helps you better understand what's going with Bitcoin from a high-level perspective. At a glance, it will give you an immediate understanding of Bitcoin’s historic price channel dating back to 2011, past and current market cycles, as well as current key support levels.