This indicator was invented in 2001 by Konstantin Kopyrkin. The name "Nick Rypock" is derived from his surname reading in the opposite direction: Kopyrkin -> Kopyr Kin -> Kin Kopyr -> Nik Rypok The idea of the indicator is similar to the Chandelier Exit, but doesn't involve ATR component and uses a percentage instead. A dynamic price channel is used to...
Introducing the Pivot Regression Oscillator. This oscillator uses a similar formula to the Stochastic Oscillator. However, instead of comparing the closing price to the lowest price of a period, it compares the distance between current price and the current pivot point. By basing our oscillator on pivot levels, we incorporate a much more relevant and...
A simple indicator based on candle stick strength, with cpr,vwap and support resistance... search for buy sell signal on 15 min timeframe and wait for second candle to close above/below of signal candle. Cpr pivots would act as support and resistance. Entry should only be based on 15 mins or higher timeframe. 3 and 5 mins timeframe for profit booking. No...
This script is based on John Carter Mastering The Trade book. Pivot calculation is based on the previous day high, low, and close. What Are the Trading Rules for Pivot Buys on Trending Days? Sells are reversed. 1. Each day I update the appropriate pivot levels on the charts to reflect the previous day’s action. On Mondays, I also update the weekly pivots, and...
PMA (Pivot Moving average) is a set of 3 EMAs on HLC3 data. When all PMAs are rising, market is considered bullish and the color of PMA becomes green. When all PMAs are falling, market is considered bearish and the color of the PMA becomes red. Otherwise, market is considered ranging and the color becomes orange. It's also possible to set the resolution of...
The purpose of this script was to fine tune an indicator on BTCUSDT . I think the results speak for themselves in the study version. This is a script that uses the MACD to predict future price movement. The original MACD signal lags too much for my taste so I went searching for something that could give signals sooner. I decided a smooth macd would help filter...
3 Weeks Tight - Introduction 3 weeks tight is a bullish continuation pattern discovered by IBD's founder, William O'Neil. The pattern can used as an opportunity to add to an existing position as it often occurs after a breakout above a cup with handle or other technical pattern. The 3 weeks tight pattern forms when a stock closes within approximately 1% to 1.5%...
Pretty much the exact same indicator as my other Session Pivots, however this one also shows the weekends and the session times are set to Bitmex exchange (note: I'm in a GMT+7 timezone myself).
Due to the request of some users and inspired by "5 Day ADR ICT Intraday Tracker" I updated "CPR Width" and added extra functionality for your convenience.
Hello Traders, This is "Point and Figure Chart (PnF)" script that run in separated window in real time. The separated PnF chart window is timeless, so no relation with the time on the chart. PnF chart consist of "X" and "O" columns. While "X" columns represents rising prices, "O" column represents a falling price. If you have no idea about what PnF charting is...
Hello Traders, Here Tweezers and Kangaroo Tail script is in your service. The script searches for Tweezer / Kangaroo Tail candlestick patterns and shows them as T (Tweezer) and K (Kangaroo Tail). Thanks to RorschachT who game me the idea and some details while working on this script. What are these candlestick patterns? Tweezers : - A tweezers...
Welcome all ========== This script specially is for Kunal Saraogi Senani Traders and beginners. . With this script you can find support and resistance for input range on any time-frame chart. You need not draw line by own. You just input your desired range and this script will do your work automatically. You can adjust range according to your choice. Also have an...
// ========================================================================// This script is meant to help you save a lot of time plotting your Gann Boxes and Cycles correctly and accurately. This is a recoded version of "Gann ToolBox V1.5/1.7" This script allows you to scale your boxes and square them with a simple input in the script's settings "$ per...
We often want to use a stop loss at a certain low - N*ATR, But it is too troublesome to manually calculate a certain day low - ATR. This indicator simply calculates it for you, by marking the value of day low - ATR. By default the hardcoded ATR value is 0, which means "Uses the ATR at that day with configured look back period". If you want to use a specific ATR...
Introducing the Smooth First Derivative indicator. For each time step, the script numerically differentiates the price data using prior datapoints from the look-back window. The resulting time derivative (the rate of price change over time) is presented as a centered oscillator. A first derivative is a versatile tool used in functional data analysis. When applied...
Dear Traders, This script will get a smile on most of the pivot and price action traders. My trading skills have drastically improved after learning the concepts of central pivot point, supply and demand and more importantly understanding of the simple candle stick patterns. This is my experiment of decoding the above mentioned concepts to simple trading...
This script marks structural pivots on a chart. Script marks namely 4 types of pivots, Structural Pivot High (SPH) Structural Pivot Low (SPL) Large Pivot High (LPH) Large Pivot High (LPL) SPL (Blue circles at bar low) is marked by finding a combination of 3 bars, an Anchor Bar, Bar 1 and Bar 2. Bar 1 and Bar 2 should have a higher high and a higher...