🚀📈 Introducing the Supertrended RSI Indicator by AlgoAlpha! Designed to empower your trading decisions, this innovative Pine Script™ creation marries the precision of the Relative Strength Index (RSI) with the dynamic prowess of the SuperTrend methodology. Whether you’re charting the course of cryptos, riding the waves of stock markets, or navigating the futures...
▋ INTRODUCTION : The “ATR Levels” produces a sequence of horizontal line levels above and below the Center Line (reference level). They are sized based on the instrument's volatility, representing the average historical price movement on a selected higher timeframe using the average true range (ATR) indicator. _______________________ ▋ OVERVIEW: ...
Inspired by the Chande Trend Meter (this is not the Chande Trend Meter), this indicator aims to show the trend so you can make trading decisions accordingly. This is calculated by looking at Donchian Channels over a number of lengths (20, 40, 60 periods, etc.), converting them to percent, and then applying a weighting and smoothing similar to the Know Sure Thing...
The GG Levels indicator is a tool designed for day trading U.S. equity futures. It highlights key levels intraday, overnight, intermediate-swing levels that are relevant for intraday futures trading. Terminology RTH (Regular Trading Hours): Represents the New York session from 09:30 to 17:00 EST. ON Session (Overnight Session): Represents the trading activity...
🔵 Introduction "Zigzag" is an indicator that forms based on price changes. Essentially, the function of this indicator is to connect consecutive and alternating High and Low pivots. This pattern assists in analyzing price changes and can also be used to identify classic patterns. "Zigzag" is an analytical tool that, by filtering partial price movements based on...
This indicator combines elements of the Average True Range (ATR) and the Directional Movement Index (DMI) to create adjusted directional lines. The core of this indicator lies in its calculation of the Adjusted Directional Movement (ADM), which provides a refined measure of price movement. Unlike traditional ATR calculations, which solely rely on the high-low...
Fusion Traders - RSI Overbought/Oversold + Divergence Indicator - new version This indicator has lots of various add ons. RSI overbought / oversold with changeable inputs Divergence indicator DESCRIPTION: This script combines the Relative Strength Index ( RSI ), Moving Average and Divergence indicator to make a better decision when to enter or exit a trade. -...
This indicator is useful for whom trade with "Smart Money Concept (SMC)" strategy. It helps SMD traders to identify fake or weak zones in the chart, So they can avoid taking position in this zones. This indicator marks "Asia session" as well as "London and New York's Lunch Time (one hour before London and NY session starts)" zones. It also marks Inside Bar...
This indicator is designed for traders and analysts who employ Machine Learning (ML) techniques for cross-validation in financial markets. The script visually segments a selected range of historical price data into splits and batches, helping in the assessment of model performance over different market conditions. User Theory In ML, cross-validation is a...
Contract Size Calculator - Overview Description: The "Contract Size Calculator" is an innovative Pine Script indicator designed for traders seeking to optimize their risk management through precise contract size calculations. This tool enables traders to define their risk amount in dollars and risk per point, which it then uses, in conjunction with market...
**SHIBO v6 - Fibonacci Impulse Analysis Indicator** *By Shahab Sadeghi (@shahabs2004)* **Overview:** Welcome to SHIBO v6, a revolutionary Fibonacci Impulse Analysis Indicator designed to harness the power of a unique chart pattern. The script employs a reverse Fibonacci methodology to identify powerful impulses that first reach Fibonacci level 0.382, experience...
Trending RSI takes a new approach to RSI intended to provide all of the missing information that traditional RSI lacks. Questions such as "why does the price continue to decline even during an oversold period?" can be aided using the Trending RSI. These types of movements are due to the market still trending and traditional RSI can not tell traders this. ...
Description: The "Equal Highs and Lows" indicator is a technical analysis tool designed to aid traders by identifying and marking equal price levels directly on the trading chart. This indicator helps in spotting potential support and resistance zones by drawing lines between points where the price has formed equal highs or lows over a specified lookback period....
🔶Description: "Previous Key Levels " serves as an indicator to identify and visualize previous key levels in the price action of financial instruments. These key levels include previous highs, lows, equilibrium points, and open prices across different timeframes such as daily, weekly, and monthly. 🔶Key Features: Users have the flexibility to customize the...
Overview The Dynamic Momentum Gauge is an indicator designed to provide information and insights into the trend and momentum of a financial asset. While this indicator is not directional , it helps you know when there will be a trend, big move, or when momentum will have a run, and when you should take profits. How It Works This indicator calculates...
I developed the 'Machine Learning Breakouts (from Pivots)' indicator to revolutionize the way we detect breakout opportunities and follow trend, harnessing the power of pivot points and machine learning. This tool integrates the k-Nearest Neighbors (k-NN) method with the Euclidean distance algorithm, meticulously analyzing pivot points to accurately forecast...
🔶Description: The "Ichimoku Slope Filtered Signals" indicator is designed to provide trading signals based on the Ichimoku Cloud indicator while incorporating a slope filter. The Ichimoku Cloud is a comprehensive indicator that defines support and resistance, identifies trend direction, and provides trading signals. This script enhances the traditional...
The Asia Liquidity Points Indicator is a powerful tool designed for traders to identify key liquidity points during the Asia trading session. This script is tailored specifically to aid traders in capitalizing on the unique characteristics of Asian markets, providing invaluable insights into liquidity zones that can significantly enhance trading decisions. Key...