█ INTRODUCTION What is an OrderBlock? It is simply Price where Banks (or Large Financial Entities) have Bought or Sold heavily (Support or Resistance Institutional Zone). Our job as a trader is to monitor what the Banks and/or Large Investors are doing then patiently wait and have the opportunity to surf in their direction. Large Financial Entities Buy during...
This indicatore automaticly detect pitch forks, fibonacci levels and zigzags
™TradeChartist Actuator is an extremely functional indicator that converts the price action volatility and momentum into a meaningful trading system (based on user defined Standard Deviation Factor), that consists of expanding/contracting Volatility Range Bands, Dynamic Trend Support/Resistance Bands and 2 types of Breakout Signals in a visually stunning design....
This Indicator is applicable to plot Cash Data Chart in tradingview and it will be very useful for traders who analyze with NEoWave method. NEoWave analysis method was invented by Glenn Neely and it is a revolutionary style of Elliott Wave Theory. For analyzing with NEoWave method, we need a particular chart called Wave Chart or Cash Data chart. Wave charts...
This is a combination of all my old indicators, with an added feature for trend lines (inspiration for this came from Wedge Maker script thanks to veryfid, I hope he doesn't mind). This script looks for a period with increased volatility , as measured by ATR ( Average True Range ), then it looks for a high or a low in that area. When price is above EMA (400 is...
this indicator looks like the default ZigZag indicator but it uses the price action instead of the deviation%
Release Notes: Oct 25 2021 OVERVIEW :Kitti-Playbook Fibonacci retracement GAGE R0.00 Easy for visualize Fibonacci retracement level CONCEPTS 1)Minimum Line = Lowest level of Source form start 2)Maximum Line = Highest level of Source form New Low 3)Calculation a) Fibonacci Retracement of 61.8% form Maximum level b) Fibonacci...
Hello All, This script creates Zigzag Chart by using Zigzag waves, so it's timeless chart meaning that no time dependency on X-axis. Optionally it can calculate & show Zigzag Supertrend or Simple Moving Average. Also it can change bar colors of the main chart by trend direction of Zigzag Supertrend. As seen below, each zigzag wave is a candle on Zigzag...
This table is intended to give you snapshot of how price and oscillators are moving along with zigzag pivots. This is done in the same lines of Zigzag-Trend-Divergence-Detector But, here are the differences Table shows multiple oscillator movements at a same time instead of one selected oscillator Divergence is not calculated and also supertrend based...
I spent a lot of time searching for the best ZigZag indicator. Difficulty with all of them is that they are always betting on some pre-defined rules which identify or confirm pivot points. Usually it is time factor - pivot point gets confirmed after a particular number of candles. This methodology is probably the best when market is moving relatively slow, but...
Hello Traders, For a few months I have been getting requests from my followers about ABC pattern and finally I decided to make this indicator. How it works? - It creates Trend Cloud using Simple and Exponential moving averages with the lenghts 50, 100, 150, 200, 20, 40 by default and checks the trend. you can change the lengths as you wish - It also creates...
™TradeChartist ZigZag & Auto Fibonacci Retracement is a visually engaging script that generates ZigZag and Auto-Fibonacci lines/labels based on user defined sensitivity factor. =================================================================================================================== █ ™TradeChartist ZigZag & Auto Fibonacci Retracement Features ...
Here is an attempt calculate Average Zigzag Range (AZR). This can be used similar to ATR. Using AZR instead of ATR for trailing stop calculation may yield better outcome in trend trading. Logic is simple. Calculate zigzag based on ZigzagLength Calculate distance between each zigzag pivots Calculate simple moving average of last MALength pivots Use ...
This is Bollinger Band built on top of Zigzags instead of regular price + something more. Indicator presents 7 lines and cloud around it. This can be used to visualize how low or high price is with respect to its past movement. Middle line is moving average of last N zigzag pivots Lines adjacent to moving average are also moving averages. But, they are...
What is it? This is an indicator to complement @modhelius' Weis Wave Volume Indicator. Original code has been modified to display wave volume (cumulative) numbers above or below the latest candle of the corresponding wave on the main pane. Since we are concerned only with relative volume, VOLUME NUMBERS HAVE BEEN SCALED DOWN. (If you need actual volume numbers,...
Lets dabble a bit into Elliot Waves. This is a simple script which tries to identify Wave 1 and 2 of Elliot Impulese Wave and then projects for Wave 3. Ratios are taken from below link: elliottwave-forecast.com - Section 3.1 Impulse Wave 2 is 50%, 61.8%, 76.4%, or 85.4% of wave 1 - used for identifying the pattern. Wave 3 is 161.8%, 200%, 261.8%, or...
™TradeChartist Catalyst is an elegant script that combines Catalyst Trade Bands and automatic ZigZag/Fibonacci plots using an original logic to help users interact in a visually engaging and meaningful way with the charts. =================================================================================================================== ™TradeChartist Catalyst...
Hi fellow traders.. Happy to share a Linear Regression & RSI Multi-Function Custom Screener with Table-Labels... The Screener scans for Linear Regression 2-SD Breakouts and RSI OB/OS levels for the coded tickers and gives Summary alerts Uses Tables (dynamica resizing) for the scanner output instead of standard labels! This Screener cum indicator collection has...