Support/Resistance Script: A Comprehensive Overview Thanks to Pmgjiv for providing the foundation to this improved Version. In the world of trading, having a robust support and resistance analysis tool can make a significant difference in decision-making and overall strategy. Let's delve into the enhancements made to the support/resistance script and how each...
Enhance your trading decisions with the Rolling Point of Control (POC) Indicator designed by AlgoAlpha! This powerful tool displays a dynamic Point of Control based on volume or price profiles directly on your chart, providing a vivid depiction of dominant price levels according to historical data. 🌟📈 🚀 Key Features: Profile Type Selection: Choose between...
UT Bot Stochastic RSI is a powerful trading tool designed to help traders identify potential buy and sell signals in the market. This indicator combines the Stochastic and RSI (Relative Strength Index) oscillators, two of the most popular and effective technical analysis tools, to provide a comprehensive view of market conditions. The Stochastic oscillator is a...
▋ INTRODUCTION : The “Index Generator” simplifies the process of building a custom market index, allowing investors to enter a list of preferred holdings from global securities. It aims to serve as an approach for tracking performance, conducting research, and analyzing specific aspects of the global market. The output will include an index value, a table of...
What does this “Open Interest Auto Override” Indicator do? Open Interest data is not supplied by every exchange to TradingView, however it is available on Binance Perpetual Futures. This script helps the crypto trader to identify the equivalent Binance Perpetual Futures Chart that has Open Interest Data available and automatically displays this on the traders...
What is this indicator? This indicator shows RSI but visualize as bands with custom timeframe settings. Normal RSI doesn't really visualse well when the price gets overbought/oversold and generally because of candle closes it can be hard to determine if the price has already touched the prefered RSI level. The custom timeframe allows you to go to shorter or...
🚀 Unleash your charting capabilities with the Candlestick Reversal and Trend Signals indicator by AlgoAlpha, your go-to tool for spotting pivotal market movements! This script enhances your trading experience by identifying key candlestick patterns and trend changes, perfect for traders aiming for precision in their technical analysis. 🛠 Key Features: - 🔄 ...
Overview: The ORB (Opening Range Breakout) strategy combined with Heikin Ashi candles and Relative Volume (RVOL) indicator aims to capitalize on significant price movements that occur shortly after the market opens. This strategy identifies breakouts above or below the opening range, using Heikin Ashi candles for smoother price visualization and RVOL to gauge the...
Inspired by @TTrades_edu video on daily bias, this indicator aims to develop a higher timeframe bias and collect data on its success rate. While a handful of concepts were introduced in said video, this indicator focuses on one specific method that utilizes previous highs and lows. The following description will outline how the indicator works using the daily...
Volume Bull/Bear Activity Summary This indicator generates a summary of bull/bear activity for 20 symbols. For each symbol, two bars are displayed, colored green and red. The green bar indicates bull volume, reflecting activity within the last candle of the symbol. The red bar signifies bear volume within the real-time bar, continuously updated. ...
The Long-Term Trend Detector is a powerful tool designed to identify sustainable trends in price movements, offering significant advantages for traders and investors. Key Benefits: 1. Projection Confidence: This indicator leverages Pearson's R, a statistical measure that indicates the strength of the linear relationship between price and trend projection. A...
🔶 Description: The "Trend Lines with Breaks " indicator is designed to identify and visualize trend lines on a price chart, allowing traders to observe potential trend reversals or continuations. This script implements a method to draw trend lines based on pivot points (highs and lows) within a specified sensitivity range. It also provides an option to display...
DEMA RSI Overlay PLEASE Read the following, knowing what an indicator does at its core before adding it into a system is pivotal. The core concepts can allow you to include it in a logical and sound manner. Anyways, BackQuant's new trading indicator that blends the Double Exponential Moving Average (DEMA) with the Relative Strength Index (RSI) to create a...
🎯 Introducing the Volumetric Fair Value Gaps by AlgoAlpha 🎯 Embrace the power of volume and price action with the Volumetric Fair Value Gaps (VFVG) indicator, designed meticulously by AlgoAlpha. This innovative tool enhances your charting capabilities by highlighting fair value gaps in real-time, facilitating superior market entry and exit decisions. 🚀📈 🔍 Key...
Description: The Market Structure RSI is an innovative indicator that combines the power of the Relative Strength Index (RSI) with market structure analysis to provide a unique perspective on the market. This indicator helps traders identify potential trend reversals and trading opportunities by analyzing the underlying market structure and generating overbought...
Hi all! If you like volume profile and like to create zones, where the price might react, this indicator might be for you. It plots a fixed volume profile and creates a user defined number of zones (shelves) of high volume. If you want to know more about volume profile you can about it here on TradingView: se.tradingview.com To do • Add possiblity to create...
what is Trend Catcher Strategy? it is a strategy that opens long or short positions in the direction of the trend. what it does? TCS detects trend formations using its own unique method. Then, it opens a position in the direction of the trend and closes a part of the opened transaction (half according to default values) when the price reaches a certain level, and...
🔵 Introduction The "Smart Money Concept" transcends mere technical trading strategies; it embodies a comprehensive philosophy elucidating market dynamics. Central to this concept is the acknowledgment that influential market participants manipulate price actions, presenting challenges for retail traders. As a "retail trader", aligning your strategy with the...