The Simple Dominance Momentum Indicator is a powerful tool for tracking market trends in the world of cryptocurrency. By analyzing the relationship between dominance and market movement, this indicator helps traders identify when money is flowing into or out of the market. Using the pane structure on TradingView, the Dominance Momentum Indicator makes it easy to...
This script picks up two types of pullbacks using the SLSMA line. The pb1 signal picks up a fast first pullback as price action breaks the SLSMA line. The pb2 signal detects a stronger pivot with the trend. There is an option to filter pb1 signals with trend in the settings. Lower highs and Higher lows are displayed as labels along the SLMSA line. This tool can be...
A pivot-based breakout indicator that attempts to provide traders with a visual aid for finding breakouts on the RSI. Similar to how we use trendlines on our charts, using them on the Relative Strength Index can also give us a sense of direction in the markets. This script uses its own pivot-based system that checks for real-time swing levels and triggers a new...
This script allows to change the background color of the main chart to green or red depending on the following factors: Based on the QQQ graph whatever ticker you are watching - Price > EMA20 Da - Net New Highs > 0 - 10EMA Da > 20 EMA Da When you are trading Break-Out, EP or other similar trades you will need the market at your back to improve both the winrate...
This indicator is based on Drippy2hard's 11:30 am (EST) rule. In simple terms the rule states that: If a trending stock makes a new high after 11:15-11:30am EST, there is a 75% chance of closing within 1% of High of day (HOD). Same applies for downtrend. Please note: Not all stocks will abide by this, this is backtested on stocks with avg daily...
A Rainbow Moving Average script. There are many like it, but this one is mine. It is designed to be easy to read without too much noise in the number of lines and shading, with the moving average to be some of the commonly used ones. Using commonly referenced moving average values help us to understand "the crowd" and what moving average or trend lines they might...
The TideMaster is an alternative to the classic moving average, providing a volatility channel around its centerline. The idea of such envelope has been popularized by many technicians such as Jake Bernstein and Jeffrey Kennedy. The channel creates a virtual S/R zone which is ideal trend following and pullback entries after impulsive movements. It also acts as...
🏛️ History & Credit IBD Power Trend is an indicator created by TintinTrading inspired by the Investor's Business Daily and William O'Neil's investment philosophy. It is part of the Market School methodology.. It's built on the principle that the market's Power Trend is the best time to get aggressive. 💪 What it does IBD Power Trend helps traders identify...
OVERVIEW The Braid Filter indicator was initially made by Robert Hill and published in the Stocks and Commodities Magazine in 2006. This version of the Braid Filter expands upon Hill's original one by adding much more customization and tweaking abilities. Instead of using a simple moving average to calculate the Braid Filter, this version allows you to choose...
Artharjan - ATR Dashboard indicator is designed to plot a dashboard of Average True Range for past 10 candles on the chart. It calculates and shows what percentage of the closing price the ATR is for the selected timeframe. It also plots the volume of past 10 days and shows whether the volume has gone up (Green Color) or fallen (Red Color) For daily timeframe...
This indicator is part of our educational suite focused on teaching price structure, momentum, and mean reversion trading strategies. This indicator is recommended to be used with our “Price Action Trading Indicator” or PATI. Components of this indicator: Intraday and Swing Price Structure Breaks of Structure Identification Change of Character...
Bars with positive MACD histogram value and closing above VWAP are colored, long positions should be taken in areas made of those bars. Similarly, bars with negative MACD histogram value and closing below VWAP are also colored, short positions should be taken there. This indicator by default should be a part of your trend following trading system. In the...
The Encounters Pro indicator is a general-purpose tool to improve the capacity of forecasting future market price moves. This free version has one engine active and a second engine partially active between 15h and 17h UTC. This indicator does not provide buy, sell or hold signals ; instead, it helps to determine the future direction of prices . How to read...
Thank you for taking the time to read this description. We'll be taking a look at the Broadview Economic Studio. This has been a work-in-progress for years and is a very powerful tool for planning trades with complex volume scaling strategies. We will be talking about many indicators and types of indicators used in the public domain, but it is NOT recommended to...
*Re-upload as previous attempt was removed. An attempt to create a half decent identifier of when the markets are ranging and in a state of choppiness and mean reversion - as opposed to in trending trade conditions. It's super simple logic just working on some basic price action and market structure operating on higher time frames. It uses the Donchian...
Since my own style is Smart Money Concept and these days I have seen a lot of my friends who are having trouble identifying structures for their indicators and strategies. I wrote this code so they could use it in their strategy . In fact, this type of structure, as one of the strongest technical structures, can increase the success of your strategy according to...
Pinbar Detector is a technical analysis tool designed to detect Pinbar patterns in financial markets. Pinbars are reversal patterns that indicate a potential change in trend. This indicator is based on an existing Pinbar detector in MQ4/5 format, originally developed by "earnforex". The PineScript version is written to work in TradingView, and can be applied to...
What is this script? This script has two main functions focusing on EMAs (Exponential Moving Average) and Stochastic RSI. EMAs EMAs are typically used to give a view of bullish / bearish momentum. When the shorter EMA (calculated off more recent price action) crosses, or is above, the slower moving EMA (calculated off a longer period of price action), it...