The "Market Structure Algo" (MS Algo) is a comprehensive tool developed by OmegaTools. This advanced indicator is designed to analyze the market's structure through a combination of pivot highs and lows, creating a nuanced understanding of potential market movements. Core Functionality: - Internal and External Market Structure (MS): The MS Algo differentiates...
🚀🎉 Introducing the Candlestick Trend Strength by AlgoAlpha, a dynamic TradingView indicator designed to visually communicate the strength and direction of market trends right on your charts! 🕯️💪 Key Features: 🌈 Visual gauge for trend strength, color-coded for intuitive insights. ⏳ Customizable trend detection and normalization periods to match your trading...
The Dynamic Order Blocks indicator displays the most recent unmitigated bullish and bearish order blocks on the chart, providing dynamic support/resistance areas. When price sweeps an order block, this is highlighted by the script indicating a potential reversal. The average between the displayed order blocks is also displayed. 🔶 USAGE Order blocks are...
Kalman Hull RSI At its core, this indicator uses a Kalman filter of price, put inside of a hull moving average function (replacing the weighted moving averages) and then using that as a price source for the the RSI, very similar to the Kalman Hull Supertrend just processing price for a different indicator. This also allows it to make it more adaptive to price and...
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...
🎉📈 Introducing the Squeeze Momentum Oscillator by AlgoAlpha 📉🎊 Unlock the secrets of market dynamics with our innovative Squeeze Momentum Oscillator! Crafted for those who seek to stay ahead in the fast-paced trading environment, this tool amalgamates critical market momentum and volatility indicators to offer a multifaceted view of potential market movements....
The script uses the previous candle of the current timeframe to assess the state of the current candle. 1. Previous candle high/low and midpoint are displayed 2. Highlights current bar if INSIDE previous candle 3. Highlights current bar if POTENTIAL OUTSIDE bar. This condition uses the logic that if the previous high/low has been swept and price then reaches...
🌟📈 Introducing the Smart Money Liquidity Heatmap by AlgoAlpha! 🗺️🚀 Dive into the depths of market liquidity with our innovative Pine Script™ indicator designed to illuminate the trading actions of smart money! This meticulously crafted tool provides an enhanced visualization of liquidity flow, highlighting the dynamics between smart and retail investors directly...
🔵 Introduction Smart Money, managed by large investors, injects significant capital into financial markets by entering real capital markets. Capital entering the market by this group of individuals is called smart money. Traders can profit from financial markets by following such individuals. Therefore, smart money can be considered one of the effective...
What does this “PVSRA Candles Auto Override” Indicator do? This indicator automates PVSRA analysis for crypto traders. It finds the corresponding Binance Perpetual Futures chart for the current instrument, then replaces the current chart's volume profile with the perpetual futures data (if available) to ensure the PVSRA calculation uses the most relevant...
The Market Structure (Intrabar) indicator is designed to automatically detect and highlight real-time intrabar market structures, a core component of the Smart Money Concepts methodology. 🔶 USAGE The proposed indicator gives a detailed picture of the most recent candle lower timeframe trends, highlighting market structures within them. This can be...
🎉 Introducing the Unmitigated Liquidity Imbalance Indicator by AlgoAlpha! 🎉 Dive into the depths of market analytics with our "Unmitigated Liquidity Imbalance" indicator. This tool harnesses unique algorithms to detect liquidity imbalances between bulls and bears, helping traders spot trends and potential entry and exit points with greater accuracy. 📈🚀 🔍 Key...
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...
The Trend Chameleon, originally developed by Alex Cole for the Bloomberg Terminal, is a powerful tool designed to simplify trend identification and illuminate potential trading opportunities. It leverages a clear visual display to decode market movements, making it useful for traders of all experience levels. 🟠 Overview Here's an illustration of how the...
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...
🔶 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...
This indicator is designed to provide a valuation perspective based on a specified length and deviations from a base value. This code calculates fair value levels relative to a chosen source (typically closing prices) using simple moving averages (SMA) or exponential moving averages (EMA). Please note that this is purely educational and should not be considered...
Hey everyone! This is a new indicator of mine. If you know me, you know I really like Z-Score and there are a lot of cool things that can be done with Z-Score, especially as it pertains to trading! This indicator uses Z-Score but in a different way from conventional Z-Score indicators (including mine). It uses Z-Score to plot out the current 1 year trend of a...