First, you have to know price action, RTM price action Handbook could help you this indicator shows you base and momentum candles base candles could be zones of trade that show you fighting of bulls and bears, and momentum candles could show the power of those zones. Base candles are white in the chart, and you can place your order at the good...
English The "Super Volume+" plug-in was designed to be used in conjunction with the "Super Volume" plug-in, but can also be used alone. It facilitates the use of "Volume Bar Patterns(Volume Action)" by marking voluminous and non-voluminous bars on the chart. It also helps to distinguish between useful support and resistance by highlighting strong trading zones....
This is replica of the STC Price Action Script & is created for demo purpose only. Few features of original script may not be available in Demo Script. How this works: This Indicator looks to identify patterns which shows high movement area which may have occurred due to big orders at that time. It helps to Identify Price Action Zones where we may anticipate...
How this works: This Indicator looks to identify patterns which shows high movement area which may have occurred due to big orders at that time. It helps to Identify Price Action Zones where we may anticipate some reverse move. These Zones & Moves are helpful for Traders. Buying Zone is below current Market Price. It indicates Price Action area where Buyers...
The script is resampling the price based on its range/price-action and creates an alternative filter to smoothen price movements. Overview of features: Optional stop-loss Optional flags to control the position entry Optional flags to control the position exit Built-in backtesting engine with start balance, position size and pyramiding; each year will be...
Relative volatility highlights large changes in price. This was designed to be used with my relative volume indicator so that traders can see the effect of volume on price action. It is also a good tool to analyse breakout patterns to identify best entry points and waves. Above shows relative volatility and relative volume working together.
Tipsy EMA v0.2a Coded by vaidab. A simple strategy to buy dips in an uptrend. How to use: - buy on trend when price retraces to the orange "buy" line and compound orders - sell when price reaches red line (stop loss) or at 💰 (take profit) Note that you can reverse trade on the 💰 sign for a short scalp / day trade. Uptrend: green/red...
The script is resampling the price based on its range/price-action and creates an alternative filter to smoothen price movements. Overview of features: Optional stop-loss Optional flags to control the position entry Optional flags to control the position exit Built-in backtesting engine with start balance, position size and pyramiding Inputs for a...
Action Trend Line is different of Moving Average between ema26 and ema260 My idea is, if ema26 drop to ema260 means downtrend if ema26 increase or moving out of ema260 means uptrend then writting a different line by 100 scale to be clear vision at the bottom have plot sign up and down for each candle, it is status information The chart show Action Trend Line, by...
I created this indicator based on one of my ways of analyzing the BTC trend in particular, I noticed that the break of the first weekly candle usually indicates the trend for the rest of the month. This indicator has a bug in which if you change the timeframe of the indicator it will show erroneous values If you use the candlestick chart, you will need to pull...
The Demand Supply Zone indicator with Alerts helps in identifying the Demand Supply zones on chart by pinpointing them. The indicator looks for Demand Zone patterns, Drop-Base-Rally or Rally-Base-Rally , when such pattern is identified the indicator marks it on the chart. Likewise, if the indicator identifies Supply Zone patterns, Rally-Base-Drop or...
HULLK AUTOBOT • Long entry positions • Profit targets • Stop loss targets Description The Fast Signal Line is an extremely fast and smooth moving average indicator, designed to eliminate the lag typically associated with traditional moving average indicators. When the price is trending upward the Fast Signal Line is colored light grey then turns...
Dragonfly Study version plus statistics panel Successful traders trade with a fixed plan and without emotion, but this a lot harder than many new traders think. Many never master this skill and suffer continual drawdowns on their accounts as they overtrade high leverage positions in volatile markets. ĐΜŦ Autobot resolves this issue by taking the human element...
This is a simple and fun indicator I built out of boredom one night. It's great for a quick laugh, but other than that, it's useless. It simply displays emotes for various thresholds of change in price between the open and close of a candle. For example, unicorn candles are any candles that gain 25% or more from opening price to closing price.
An interesting implementation of mine to measure an asset changes based on asset price velocity and volume velocity. The indicator acts as asset value calculator. Long and Short. ==Points System Rules== UPTRENDING If Current Close is higher than previous Close and Current Volume is bigger than previous Volume: Adds Close Points and Volume Points Otherwise...
Somehow there aren't too many renko bars that have the traditional setting built-in so I put one up. This one has the option to choose between Traditional and ATR, the size number corresponds to the option that was chosen. And just in case if anyone wanted, I put up a multi-time frame option to choose the time frame the bars take place. D is for day, W is for...
To appreciate dear Mr.Khakestar efforts I have converted his mt4 ATR formula to pine script. All credits go to him. you can view the ATR result of each candle in the past: The first black number is the ATR of the M1 chart. The second black number is the ATR of the M5chart. The third black number is the ATR of the M15 chart. The fourth black number is the ATR of...