Wick sizeShow the average wick size of the last 10 bar for analysis purposes.
Makes it easier to recognise possible turning points.
Chart-Muster
Monthly EMA 5 Buy Signal Swing Medium Term Investment StrategyTrading Strategy Description
This strategy is designed to generate buy signals based on the behavior of monthly candles in relation to the 5-period Exponential Moving Average (EMA). The conditions for generating a buy signal are as follows:
Monthly Candle Below 5 EMA: The previous monthly candle must not touch the 5 EMA and must be entirely below it. This means the highest point of the candle (the high) is below the 5 EMA.
Next Monthly Candle Closes Above Previous Candle’s High: The current monthly candle must close above the high of the previous monthly candle.
How to Use the Strategy
Add the Script to TradingView: Copy the provided Pine Script code and add it to a new indicator in TradingView.
Understand the Plot:
The 5 EMA is plotted on the chart in blue.
Buy signals are indicated by green labels below the bars with the text “BUY”.
Identify Buy Signals:
Look for green “BUY” labels on the chart. These labels indicate that the conditions for a buy signal have been met.
When you see a “BUY” label, it means the previous monthly candle was below the 5 EMA and the current monthly candle has closed above the previous candle’s high.
Example Scenario
Month 1: The monthly candle does not touch the 5 EMA and is entirely below it.
Month 2: The monthly candle closes above the high of Month 1’s candle.
Buy Signal: A green “BUY” label will appear below the Month 2 candle, indicating a buy signal.
Taking the Trade
When a buy signal is generated:
Enter the Trade: Consider entering a long position at the close of the monthly candle that generated the buy signal.
Risk Management: Set your stop-loss and take-profit levels according to your risk management strategy. You might place a stop-loss below the low of the signal candle or use other technical analysis tools to determine your exit points.
This strategy helps you identify potential bullish reversals or continuation patterns based on the relationship between the monthly candles and the 5 EMA. Always backtest and paper trade any strategy before using it with real money to ensure it fits your trading style and risk tolerance.
MW:TA Days of the WeekENG: Vertical separators to easily detect days of the week and see which past liquidity was taken down. Screenshot example contains days of the week indicator and manually drawn lines of grabbed liquidity. Useful for trades based on liquidity grab and reaction.
Tested on Forex, Crypto, Indexes, Stocks, Commodities markets.
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РУС: Вертикальные разделители для визуального определения дней недели и просмотра снятой ликвидности на графике. На скриншоте отмечен индикатор разделительных периодов (дней) и вручную нарисованные линии, которые отмечают снятую ликвидность и реакцию цены на снятие. Полезно для тех трейдеров, которые торгуют по реакции на снятую ликвидность.
Протестировано на рынках Форекс, Крипто, ИНдексов, Акций и Сырья.
Gold Analysis and Scalping TradesIn this section, we opened three trades by analyzing waves and structures on the chart.
Gold could repeat this type of movement tomorrow as well, so be prepared.
Stochastic and RSI Vini//@version=6
indicator(title="Stochastic and RSI", shorttitle="Stoch RSI", format=format.price, precision=2, timeframe="", timeframe_gaps=true)
// --- Estocástico ---
periodK = input.int(14, title="%K Length", minval=1)
smoothK = input.int(1, title="%K Smoothing", minval=1)
periodD = input.int(3, title="%D Smoothing", minval=1)
k = ta.sma(ta.stoch(close, high, low, periodK), smoothK)
d = ta.sma(k, periodD)
plot(k, title="%K", color=#2962FF)
plot(d, title="%D", color=#FF6D00)
h0 = hline(80, "Upper Band", color=#787B86)
hline(50, "Middle Band", color=color.new(#787B86, 50))
h1 = hline(20, "Lower Band", color=#787B86)
fill(h0, h1, color=color.rgb(33, 150, 243, 90), title="Background")
// --- RSI ---
rsiLengthInput = input.int(14, minval=1, title="RSI Length", group="RSI Settings")
rsiSourceInput = input.source(close, "Source", group="RSI Settings")
calculateDivergence = input.bool(false, title="Calculate Divergence", group="RSI Settings", display = display.data_window, tooltip = "Calculating divergences is needed in order for divergence alerts to fire.")
change = ta.change(rsiSourceInput)
up = ta.rma(math.max(change, 0), rsiLengthInput)
down = ta.rma(-math.min(change, 0), rsiLengthInput)
rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down))
rsiPlot = plot(rsi, "RSI", color=#7E57C2)
rsiUpperBand = hline(70, "RSI Upper Band", color=#787B86)
midline = hline(50, "RSI Middle Band", color=color.new(#787B86, 50))
rsiLowerBand = hline(30, "RSI Lower Band", color=#787B86)
fill(rsiUpperBand, rsiLowerBand, color=color.rgb(126, 87, 194, 90), title="RSI Background Fill")
midLinePlot = plot(50, color = na, editable = false, display = display.none)
fill(rsiPlot, midLinePlot, 100, 70, top_color = color.new(color.green, 0), bottom_color = color.new(color.green, 100), title = "Overbought Gradient Fill")
fill(rsiPlot, midLinePlot, 30, 0, top_color = color.new(color.red, 100), bottom_color = color.new(color.red, 0), title = "Oversold Gradient Fill")
// --- Divergencia RSI ---
lookbackRight = 5
lookbackLeft = 5
rangeUpper = 60
rangeLower = 5
bearColor = color.red
bullColor = color.green
textColor = color.white
noneColor = color.new(color.white, 100)
_inRange(bool cond) =>
bars = ta.barssince(cond)
rangeLower <= bars and bars <= rangeUpper
plFound = false
phFound = false
bullCond = false
bearCond = false
rsiLBR = rsi
if calculateDivergence
// Regular Bullish
plFound := not na(ta.pivotlow(rsi, lookbackLeft, lookbackRight))
rsiHL = rsiLBR > ta.valuewhen(plFound, rsiLBR, 1) and _inRange(plFound )
lowLBR = low
priceLL = lowLBR < ta.valuewhen(plFound, lowLBR, 1)
bullCond := priceLL and rsiHL and plFound
// Regular Bearish
phFound := not na(ta.pivothigh(rsi, lookbackLeft, lookbackRight))
rsiLH = rsiLBR < ta.valuewhen(phFound, rsiLBR, 1) and _inRange(phFound )
highLBR = high
priceHH = highLBR > ta.valuewhen(phFound, highLBR, 1)
bearCond := priceHH and rsiLH and phFound
plot(
plFound ? rsiLBR : na,
offset=-lookbackRight,
title="Regular Bullish",
linewidth=2,
color=(bullCond ? bullColor : noneColor),
display = display.pane
)
plotshape(
bullCond ? rsiLBR : na,
offset=-lookbackRight,
title="Regular Bullish Label",
text=" Bull ",
style=shape.labelup,
location=location.absolute,
color=bullColor,
textcolor=textColor
)
plot(
phFound ? rsiLBR : na,
offset=-lookbackRight,
title="Regular Bearish",
linewidth=2,
color=(bearCond ? bearColor : noneColor),
display = display.pane
)
plotshape(
bearCond ? rsiLBR : na,
offset=-lookbackRight,
title="Regular Bearish Label",
text=" Bear ",
style=shape.labeldown,
location=location.absolute,
color=bearColor,
textcolor=textColor
)
alertcondition(bullCond, title='Regular Bullish Divergence', message="Found a new Regular Bullish Divergence, `Pivot Lookback Right` number of bars to the left of the current bar.")
alertcondition(bearCond, title='Regular Bearish Divergence', message='Found a new Regular Bearish Divergence, `Pivot Lookback Right` number of bars to the left of the current bar.')
Close Within Top or Bottom 10%For all the boys that like to see 10% candles and require them for more in depth backtesting purposes
Daily CPR & 3MA CrossoverDaily CPR & 3MA Crossover this indicator make profitable trader
This script calculates the Daily CPR and plots the three lines (Top Central, Pivot, and Bottom Central) on the chart. It also calculates three moving averages, identifies crossovers for buy/sell signals, and provides visual markers and alerts for those signals. You can customize the moving average lengths in the settings. Let me know if you need adjustments or additional features!
Buffett Indicator: Wilshire 5000 to GDP Ratio [Enhanced]Funktionen:
Buffett-Indikator Berechnung:
Der Indikator basiert auf Daten von FRED:
Wilshire 5000 Total Market Index (WILL5000PR): Darstellung der gesamten Marktkapitalisierung des US-Marktes.
Bruttoinlandsprodukt (GDP): Darstellung der gesamten Wirtschaftsleistung der USA.
Der Indikator wird als Prozentsatz berechnet:
Marktkapitalisierung / GDP * 100
Gleitender Durchschnitt (optional):
Du kannst einen gleitenden Durchschnitt aktivieren, um Trends des Buffett-Indikators zu analysieren.
Zwei Typen stehen zur Verfügung:
SMA (Simple Moving Average): Einfacher gleitender Durchschnitt.
EMA (Exponential Moving Average): Gewichteter gleitender Durchschnitt.
Die Länge des gleitenden Durchschnitts ist konfigurierbar.
Visuelle Darstellung:
Der Buffett-Indikator wird als blaue Linie auf dem Chart dargestellt.
Horizontalen Schwellenwerte (50, 100, 150, 200) zeigen wichtige Level an:
50: Niedrig (grün).
100: Durchschnittlich (gelb).
150: Hoch (orange).
200: Extrem hoch (rot).
Alerts:
Alerts informieren dich, wenn der Buffett-Indikator über oder unter einen von dir definierten Schwellenwert geht.
Ideal für automatisches Monitoring und Benachrichtigungen.
Eingabemöglichkeiten:
Moving Average Einstellungen:
Enable Moving Average: Aktiviert den gleitenden Durchschnitt.
Type: Wähle zwischen SMA und EMA.
Length: Bestimme die Länge des gleitenden Durchschnitts (Standard: 200).
Alert Level:
Setze den Schwellenwert, ab dem Alerts ausgelöst werden (z. B. 150).
Anwendung:
Marktanalyse: Der Buffett-Indikator hilft dabei, die Bewertung des Aktienmarktes im Verhältnis zur Wirtschaftsleistung zu bewerten. Ein Wert über 100 % deutet auf eine mögliche Überbewertung hin.
Trendverfolgung: Der gleitende Durchschnitt zeigt langfristige Trends des Indikators.
Benachrichtigungen: Alerts ermöglichen eine effiziente Überwachung, ohne den Indikator ständig manuell überprüfen zu müssen.
Eksiradwin k CCI with Zero SignalCCI with Zero Signal by Edwin K is a custom Commodity Channel Index (CCI) indicator designed for traders to analyze market trends and momentum more effectively. It combines the CCI calculation with a visually distinct histogram and color-coded candlestick bars for enhanced clarity and decision-making.
Key Features:
CCI Line:
Plots the CCI line based on the specified length (default: 21).
Helps identify overbought or oversold conditions, momentum shifts, and trend reversals.
Zero Signal Line:
A horizontal line at 0 serves as a reference point to distinguish between bullish and bearish momentum.
Histogram:
Displays a histogram that reflects the CCI's values.
Histogram bars change colors dynamically based on their relation to the zero line and the trend's direction.
Green/Lime: Positive momentum (above zero).
Red/Maroon: Negative momentum (below zero).
Candlestick Coloring:
Automatically paints candlesticks based on the histogram's color.
Provides an intuitive visual cue for momentum shifts directly on the price chart.
Use Cases:
Trend Confirmation: Use the histogram and candlestick colors to confirm the strength and direction of trends.
Momentum Shifts: Identify transitions between bullish and bearish momentum when the CCI crosses the zero line.
Entry and Exit Points: Combine this indicator with other tools to pinpoint optimal trade entries and exits.
This indicator offers a user-friendly yet powerful visualization of the CCI, making it an excellent tool for traders aiming to enhance their technical analysis.
Cameron's 1m Swing Structure IndicatorThis is based off of Pips2Profit's www.youtube.com
I am no programmer, took the CC and had ChatGPT do the coding. I found it amazing, thought I would share.
For educational use only. :P
Dan-Machine Learning: Lorentzian Classification with AlertsAlerts by any colour change in smoothed Heikin Ashi candles.
RSI & CCI Strategy這套 RSI & CCI 策略 結合了兩個受歡迎的技術指標:相對強弱指標 (RSI) 和商品通道指標 (CCI),並使用風險回報比率和固定止損來設置交易參數,從而幫助您做出更有策略的交易決策。
主要特點:
RSI & CCI指標:RSI用來識別超賣和超買區域,CCI則幫助分析市場的過度買入或賣出情況。
交易條件:
長倉進場:當RSI處於超賣區域(<20)且CCI低於-200時,開啟多頭交易。
短倉進場:當RSI處於超買區域(>80)且CCI高於200時,開啟空頭交易。
風險控制:設置固定止損和基於風險回報比率的止盈點,進一步幫助保護資金,減少風險。
視覺化輔助:在圖表上標註買入和賣出信號,並繪製止損和止盈線,幫助您清楚了解每個交易的風險和回報。
這套策略如何幫助您?
這套策略不僅是基於RSI和CCI的信號觸發,更是融合了止損與風險回報比率的風控設計,讓每一筆交易都能有清晰的風險控制。不論是新手還是有經驗的交易者,都能通過這套策略做出更加理性的交易決策,並減少情緒的影響。
為什麼選擇加入我的社群?
我專注於提供專業的交易策略與風險管理知識,並不斷優化交易模型。通過加入我的社群,您將獲得更多基於市場結構、流動性策略及風險管理的高效交易技巧。我會在社群內與大家共享最新的策略、分析以及市場動態,幫助每位成員實現穩定的交易回報。
加入我的社群,您不僅可以學習更多交易技巧,還能與其他交易者交流,獲取支持和實戰經驗,共同成長!
如果您對這套策略感興趣,或希望獲得更多個性化的建議,隨時與我聯繫,我將非常樂意幫助您提升交易水平,達到理想的盈利目標!
Sensex Option Buy/Sell SignalsSensex Option Buy/Sell Signals generate a new based on candlestick pattern such as doji.
paranimonipobre
Chart Description: Buy Low, Sell High with Market Structure
This chart utilizes a dynamic trading strategy based on Bollinger Bands, RSI, and market structure analysis to identify high-probability buy and sell signals while aligning with prevailing trends.
Key Elements:
Bollinger Bands:
The upper (red) and lower (green) bands define volatility boundaries based on standard deviations.
The middle line (blue) represents the 20-period simple moving average.
Market Structure:
Swing highs (red triangles labeled "SH") and swing lows (green triangles labeled "SL") are identified to analyze the trend.
Background colors indicate trend direction:
Green Background: Uptrend (Higher Lows).
Red Background: Downtrend (Lower Highs).
RSI Indicator:
Shown in a separate pane, with overbought (red) at 70 and oversold (green) at 30.
Helps confirm signal validity by identifying momentum extremes.
Buy and Sell Signals:
Buy Signals (Green):
Triggered when the price crosses above the lower Bollinger Band, RSI is oversold (<30), and the market is in an uptrend.
Displayed as green "BUY" labels below bars.
Sell Signals (Red):
Triggered when the price crosses below the upper Bollinger Band, RSI is overbought (>70), and the market is in a downtrend.
Displayed as red "SELL" labels above bars.
How to Use:
Trend Identification:
Follow market structure analysis to determine the current trend direction.
Trade only in the direction of the trend (e.g., buy in an uptrend, sell in a downtrend).
Signal Confirmation:
Look for signals aligning with Bollinger Bands, RSI levels, and market structure.
Ignore signals that conflict with the trend to avoid false entries.
Market Conditions:
Best suited for trending markets with clear higher lows or lower highs.
Signals in choppy or sideways markets may require additional confirmation.
Binary Options Pro Helper By Himanshu AgnihotryThe Binary Options Pro Helper is a custom indicator designed specifically for one-minute binary options trading. This tool combines technical analysis methods like moving averages, RSI, Bollinger Bands, and pattern recognition to provide precise Buy and Sell signals. It also includes a time-based filter to ensure trades are executed only during optimal market conditions.
Features:
Moving Averages (EMA):
Uses short-term (7-period) and long-term (21-period) EMA crossovers for trend detection.
RSI-Based Signals:
Identifies overbought/oversold conditions for entry points.
Bollinger Bands:
Highlights market volatility and potential reversal zones.
Chart Pattern Recognition:
Detects double tops (sell signals) and double bottoms (buy signals).
Time-Based Filter:
Trades only within specified hours (e.g., 9:30 AM to 11:30 AM) to avoid unnecessary noise.
Visual Signals:
Plots buy and sell markers directly on the chart for ease of use.
How to Use:
Setup:
Add this script to your TradingView chart and select a 1-minute timeframe.
Signal Interpretation:
Buy Signal: Triggered when EMA crossover occurs, RSI is oversold (<30), and a double bottom pattern is detected.
Sell Signal: Triggered when EMA crossover occurs, RSI is overbought (>70), and a double top pattern is detected.
Timing:
Ensure trades are executed only during the specified time window for better accuracy.
Best Practices:
Use this indicator alongside fundamental analysis or market sentiment.
Test it thoroughly with historical data (backtesting) and in a demo account before live trading.
Adjust parameters (e.g., EMA periods, RSI thresholds) based on your trading style.
BITCOIN BTC Neural AI Strategy by NHBprodHey everyone, here's a new trading strategy script for Bitcoin, and I’m super excited to share it with you. It’s called the "BITCOIN BTC Neural AI Strategy." It creates a neural network using RSI, MACD, and EMA which are weighted and undergo a mathematical transformation to result in a single value. Plotting the single value, and adding thresholds gives you the ability to trade. This is the strategy script, but I also have the indicator script which can be used to automate buy and sell signals directly to your phone, email, or your bot.
What It Does
RSI: Measures momentum (like, is the market pumped or tired?).
MACD: Checks if momentum is gaining or slowing (super handy for spotting moves).
EMA: Follows the big trend (like the market’s vibe over time).
Then, it smooshes all this data together and spits out a single number I call the Neural Proxy Value. If the value goes above 0.5, enter a long trade, and if it drops below -0.5, you can sell, and even short it if you'd like.
Backtest Results
Some notables:
I included slippage & I included commission.
77% net profit on a 10,000 starting account.
Hundreds of trades, and covers the maximum amount of time allowed in tradingview.
The script is ready for BITCOIN and I deploy it on the 1 hour timeframe because I feel like 1 hour bars get enough data to make solid judgements.
How to Use It
Look at the Neural Proxy line—it’s color-coded and easy to spot.
For traders who only trade long:
When the Neural Proxy line is above 0.5 = buy
When the Neural Proxy line is below -0.5 = sell
For traders who only trade short:
When the Neural Proxy line is above 0.5 = exit the short
When the Neural Proxy line is below -0.5 = enter the short
This strategy (and the pairing indicator script) is able to be used to trade long only, short only, or both long & short to maximize trade opportunities.
Trident FinderIntroduction to the Trident Finder
The Trident Finder is a Pine Script indicator that identifies unique bullish and bearish patterns called Tridents. These patterns are based on specific relationships between consecutive candles, combined with a simple moving average (SMA) filter for added precision. By spotting these patterns, traders can potentially identify high-probability reversal points or trend continuations.
Core Logic
The indicator identifies two patterns:
Bullish Trident
A bullish Trident forms when:
Candle (two candles back) has its High-Low range entirely above Candle (the preceding candle).
Candle (the current candle) has its Open-High-Low-Close (OHLC) above the Low of Candle .
Candle closes higher than it opens and higher than Candle ’s close.
Candle closes below the SMA, indicating a potential upward breakout against the trend.
Bearish Trident
A bearish Trident forms when:
Candle has its High-Low range entirely below Candle .
Candle has its OHLC below the High of Candle .
Candle closes lower than it opens and lower than Candle ’s close.
Candle closes above the SMA, indicating a potential downward breakout against the trend.
Visual Representation
Bullish Tridents are marked with green "Up" labels below the candle.
Bearish Tridents are marked with red "Down" labels above the candle.
The SMA is plotted as a maroon line to serve as a filter for the Trident patterns.
Maverick Henderson Strategy
Maverick Henderson Strategy
A comprehensive technical analysis indicator that combines several powerful tools:
1. Volume Profile with POC (Point of Control)
- Displays volume distribution across price levels
- Shows value areas and POC line
- Helps identify key support/resistance levels
2. Multiple EMAs (10, 50, 100, 200)
- Trend identification and dynamic support/resistance
- Price action confirmation
- Works best with Heikin Ashi candles
3. Swing Detection & Counting System
- Identifies and counts higher highs/lower lows
- Dynamic trend strength measurement
- Automatically resets on EMA200 crossovers
4. RSI Divergence Detection
- Regular bullish/bearish divergences
- Hidden bullish/bearish divergences
- Filtered by EMA200 position
5. Multi-Timeframe Squeeze Momentum
- Analyzes momentum across 1H, 2H, 3H, and 4H timeframes
- Shows momentum convergence/divergence
- Visual color-coded momentum representation
Usage Tips:
- Best performance with Heikin Ashi candles
- Use EMA crossovers for trend confirmation
- Watch for momentum convergence signals
- Monitor RSI divergences for potential reversals
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If you find this indicator helpful, you can support my work:
USDT (BNB Smart Chain - BEP20): 0x0e7fcdcc8939791b48e73882b32df1cddaafa88c
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Estrategia Maverick Henderson
Un indicador de análisis técnico completo que combina varias herramientas poderosas:
1. Perfil de Volumen con POC
- Muestra la distribución del volumen por niveles de precio
- Visualiza áreas de valor y línea POC
- Ayuda a identificar niveles clave de soporte/resistencia
2. Múltiples EMAs (10, 50, 100, 200)
- Identificación de tendencias y soporte/resistencia dinámica
- Confirmación de acción del precio
- Funciona mejor con velas Heikin Ashi
3. Sistema de Detección y Conteo de Swings
- Identifica y cuenta máximos más altos/mínimos más bajos
- Medición dinámica de la fuerza de la tendencia
- Se reinicia automáticamente en cruces de EMA200
4. Detección de Divergencias RSI
- Divergencias regulares alcistas/bajistas
- Divergencias ocultas alcistas/bajistas
- Filtradas por posición respecto a EMA200
5. Momentum Multi-Temporal
- Analiza momentum en marcos de 1H, 2H, 3H y 4H
- Muestra convergencia/divergencia de momentum
- Representación visual codificada por colores
Consejos de Uso:
- Mejor rendimiento con velas Heikin Ashi
- Usar cruces de EMA para confirmación de tendencia
- Observar señales de convergencia de momentum
- Monitorear divergencias RSI para posibles reversiones
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Si encuentras útil este script y deseas apoyar mi trabajo:
USDT (BNB Smart Chain - BEP20): 0x0e7fcdcc8939791b48e73882b32df1cddaafa88c
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ZelosKapital Round NumberThe ZelosKapital Round Number Indicator is a tool designed for traders to easily visualize significant round numbers on their charts. Round numbers, such as 1.20000 or 1.21000 in currency pairs, often act as psychological levels in the market where price action tends to react. This indicator automatically marks these levels across the chart, providing a clear reference for potential support and resistance zones. It is customizable, allowing traders to adjust the visual appearance, such as line style, color, and thickness. By highlighting these key levels, the indicator helps traders make more informed decisions and enhances their overall trading analysis.
Quarter Point Theory with Trend Breaks### **Quarter Point Theory with Trend Breaks Indicator**
The **Quarter Point Theory with Trend Breaks** indicator is a technical analysis tool designed to identify key price levels and trend reversals in financial markets. It combines the principles of **Quarter Point Theory**—a concept that highlights the significance of prices at rounded fractional levels of an asset—with trend break detection to provide actionable trading insights.
#### **Key Features:**
1. **Quarter Point Levels:**
- Automatically plots quarter-point levels on the chart (e.g., 0.25, 0.50, 0.75, and 1.00 levels relative to significant price ranges).
- Highlights these levels as areas of psychological importance, where price action is likely to consolidate, reverse, or gain momentum.
2. **Trend Break Detection:**
- Identifies changes in market direction by detecting breaks in prevailing trends.
- Utilizes moving averages, support/resistance lines, or price patterns to signal potential reversals.
3. **Dynamic Visual Cues:**
- Color-coded lines or zones to differentiate between support (green), resistance (red), and neutral zones.
- Alerts or markers when price approaches or breaks through quarter-point levels or trend lines.
4. **Multi-Timeframe Analysis:**
- Offers the ability to analyze quarter-point levels and trend breaks across different timeframes for a comprehensive market view.
5. **Customizable Parameters:**
- Allows traders to adjust the sensitivity of trend break detection and the precision of quarter-point level plotting based on their strategy and asset volatility.
#### **Use Cases:**
- **Swing Trading:** Identify optimal entry and exit points by combining quarter-point levels with trend reversal signals.
- **Day Trading:** Utilize intraday quarter-point levels and quick trend changes for scalping opportunities.
- **Long-Term Investing:** Spot significant price milestones that could indicate major turning points in an asset’s trajectory.
#### **Advantages:**
- Simplifies the complexity of market analysis by focusing on universally significant price levels and trends.
- Enhances decision-making by integrating two powerful market principles into a single indicator.
- Provides a structured framework for risk management by identifying areas where price is likely to react.
The **Quarter Point Theory with Trend Breaks Indicator** is a versatile tool suitable for traders and investors across various markets, including stocks, forex, commodities, and cryptocurrencies. By blending psychology-based levels with technical trend analysis, it empowers users to make well-informed trading decisions.
//@version=5 indicator("5 Supertrend with Custom Settings", overAynı anda beş farklı zaman verisini görebilirsiniz.
Multi Indicator SummaryPurpose: It calculates and displays bullish and bearish order blocks, key levels derived from recent price movements, which traders use to identify potential support and resistance areas.
Inputs: Users can customize the order block length, defining the range of price data used for calculations.
Logic: The script uses ta.lowest and ta.highest functions to compute order blocks based on specified periods for bullish and bearish trends.
Additional Levels: It identifies extra order blocks (bullish_below and bearish_above) to provide more context for deeper support or higher resistance.
Price Table: A visual table is created on the chart, showing the current price, bullish and bearish order blocks, and additional bearish levels above the current price.
Alerts: Alerts are triggered when the price crosses key order block levels, helping traders react to significant price movements.
Flexibility: The table dynamically updates based on the chart’s ticker and timeframe, ensuring it always reflects the latest data.
Bearish Above Price: Highlights the most recent bearish order block above the current price to inform traders about potential resistance areas.
Visualization: The clear table format aids quick decision-making by summarizing key levels in an accessible way.
Usability: This script is especially useful for intraday and swing traders seeking to integrate order block analysis into their strategies.
High-Low Breakout its about high & low of the candle stick pattern he highest high of the last 3 candles is broken then buy, and sell signals when the lowest low of the last 3 candles is broken then sell. after buy when trend changes than give other signal