This indicator puts a selection of elements together providing traders with insights into price dynamics, trend changes, and potential trading opportunities within the specified timeframe. Trading Range Defined by Support and Resistance : Support and resistance levels are calculated using the lowest low and highest high over specified periods. These levels...
The "Limitless LTA: Session Breaks & Sunday Open" indicator is a simple tool designed to help traders better understand market timing and track the opening price of the trading week. Here's what you need to know: What It Does: Displays vertical lines on the chart to mark specific times of interest, usually 18:00 PM UTC-5 over the last four days. Plots a line...
This Pine Script™ indicator, "Color Stochastic Indicator," is designed to visualize the stochastic oscillator with color-coded trends and shaded background levels, providing a clearer understanding of market trends and potential trading signals. Key Features: Customizable Parameters: K Period: The period for the %K line in the stochastic calculation (default:...
Description: The Pivot Points indicator is a powerful tool for identifying potential support and resistance levels based on previous price action. It calculates key pivot levels (P), along with support (S1, S2) and resistance (R1, R2) levels, which are used to forecast potential turning points in the market. Key Features: Pivot Calculation: Based on the...
A simple trend direction indicator. The chart shows an upward arrow when the price closes above the 20SMA for two consecutive candles, and vice versa for a downward arrow.
This indicator is specific to the 24-hour Forex Market. It provides 2 features: Demarcating forex sessions with open and close lines. Note that looking at various sources online, we use the convention that the Asia session starts with the Tokyo market open, rather than the earlier Sydney session. Presumably this is better since we then have more liquidity in...
Script Description: Six T3 Bands – Set to Any Time Frame This script leverages T3 lines, an advanced form of moving averages, to provide more adaptive and responsive indicators compared to traditional Moving Averages (MA) or Exponential Moving Averages (EMA). The T3 indicator, originally conceptualized by Tim Tillson in 1998, is known for its smoothness and...
This Bitcoin Wave Rainbow model is a powerful tool designed to help traders of all levels understand and navigate the Bitcoin market. It works only with BTC in any timeframe, but better looks in dayly or weekly timeframes. It provides valuable insights into historical price behavior and offers forecasts for the next decade, making it an essential asset for both...
An Indecisive Candle, often referred to as a Base Candle, is a pivotal element in technical analysis, particularly for identifying institutional supply and demand zones. These candles are characterized by their small bodies and long wicks, reflecting a balance between buyers and sellers, indicating a potential pause or consolidation in the market. To calculate...
Analyzing wick rejection percentages can provide insights into market sentiment and potential future price movements. For example, high wick rejection percentages at key support or resistance levels may indicate strong buying or selling interest and could influence trading decisions.
🌟🚀 Introducing the Crypto Realized Profits/Losses Extremes Indicator by AlgoAlpha 🚀🌟 Unlock the potential of cryptocurrency markets with our cutting-edge On-Chain Pine Script™ indicator, designed to highlight extreme realized profit and loss zones! 🎯📈 Key Features: ✨ Realized Profits/Losses Calculation: Uses real-time data from the blockchain to monitor...
Overview The "Coin vs BTC" indicator is designed to compare the performance of a selected cryptocurrency against Bitcoin (BTC) using Exponential Moving Averages (EMAs). By plotting the difference in EMA values as a percentage, this indicator helps traders visualize the relative strength of a cryptocurrency compared to Bitcoin over specified periods. How It...
Advanced Fractal and Hurst Indicator (AFHI) Description: The Advanced Fractal and Hurst Indicator (AFHI) is a custom technical analysis tool designed to identify market trends and potential reversals by leveraging the concepts of Fractal Dimension and the Hurst Exponent . These advanced mathematical concepts provide insights into the complexity and...
Estraperlo Indicator Description The "Estraperlo Indicator" is a custom technical analysis tool designed to plot two lines: the Estraperlo Curve and the Signal Line. This indicator helps traders identify potential buy and sell signals based on the relationship between these two lines. Usage: - Buy Signal : Potential buy signals are indicated when the...
🚀🎉 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...
Description The "Cosine Smoothed Stochastic" indicator leverages advanced Fourier Transform techniques to smooth the traditional Stochastic Oscillator. This approach enhances the signal's reliability and reduces noise, providing traders with a more refined and actionable indicator. The Stochastic Oscillator is a popular momentum indicator that measures the...
Indicator Description: BB+SMA Overview: Bollinger Bands (BB): Computes and plots three bands based on a selected moving average type (SMA, EMA, SMMA (RMA), WMA, VWMA) and standard deviation multiplier. The bands indicate potential support and resistance levels relative to price volatility. Squeeze Condition: Detects periods of low volatility (squeeze) when the...
SMA and DMA Crossing Buy Sell Signals This script implements a Double Moving Average (DMA) strategy, a popular technical analysis technique used by traders to identify trends and potential buy/sell signals in financial markets. **Description:** The Double Moving Average strategy involves the calculation of two moving averages – a short-term moving average and a...