Ever wondered what the chart would look like if it's flipped upside down and flipped horizontally into the future? The idea is that when there is a trend, a repeating pattern tends to occur. Going backwards and projecting that movement into the future can supposedly show what the future price will be. Somehow I haven't found anyone try it like this and I am...
In the book, The New Technical Trader by Tushar Chande and Stanley Kroll there is a part that talks about candlestick analysis and how the wicks play a role on how the price will behave. When wick lengths increase then there could be uncertainty. Weakening of support and resistance levels can also be seen by the size of the candlestick wicks or shadows. Shoutouts...
Institutional investors have a profound impact on financial instruments prices because of the large volume, and their trading activities can greatly impact the price of financial instruments. They sometimes may split trades over time in order to not make a material impact and of course not to decrease liquidity to the point where there may be no one to take the...
This is a scaled version of the Forecast Oscillator, paired with a Point of Force Indicator, my modification of an indicator, whose original name and developer happened to be missing on my notes, so my regards to the author). Point of force is a spot from where price action will dynamically evolve in the same direction or soon reverse and pursue that reversed...
True-Price DOTS for Heikin Ashi (open/close/current) USE: Must Set Tradingview Candle Type to Heikin Ashi. Works on all Timeframes and symbols. BENEFITS: Helps keep you aware of the actual price action as you trade and historically by adding subtle DOTS and step-lines over your Heikin Ashi candles. With this indicator, you can benefit from the price...
Esse indicador plota na tela do ativo avaliado, pontos de compra e venda baseado em regras de tendência e confirmação por volume. Caso o ativo entre em tendência, o script plota na tela os dizeres "CPM" = Comprar na perda da máxima, ou seja comprar assim que o preço perder a máxima no próximo candle, e "VPM" = Vender na perda da mínima, assim que o preço perder a...
Specify Candles back to determine if high/low has been broken. Can choose to either calculate with source of high/low or close.
The DecisionPoint Price Momentum Oscillator ( PMO ) is an oscillator based on a Rate of Change calculation that is smoothed twice with custom exponential moving averages. Because the PMO is normalized, it can also be used as a relative strength tool. PMO can be used in many ways: - PMO can be used to determine the OB/OS state. While the +2.5 to -2.5 is the...
CDC Action Zone alert with ATR to filter low volatility period
The Volatility Index measures the market volatility by plotting a smoothed average of the True Range. Based on HPotter's idea (), it returns an average of the TrueRange over a specific number of bars. Here the result is passed through the Fisher's transform and normalized to 0/1-range. This indicator may be used to identify stretches in the price movements,...
This is the version for cryptocurrencies of my scanner for forex majors The scope of this script is to work as a scanner of pin bars and engulfing candles of the crypto market. Best to use with time frames Daily and 4h, lower timeframes gives too many results and may be noisy without trend filter. Next improvement will be: - To display in a better way the...
The scope of this script is to work as a forex scanner of pin bars and engulfing candles of the majors. Best to use with time frames Daily and 4h, lower timeframes gives too many results and may be noisy. Next improvement will be: - To display in a better way the results, but actually you have to zoom in and out if some results are overlapping. - To add allarms...
This study draws LCS and HCR lines for multi time frames and helps to find important support and resistance levels on lower timeframes. Levels are based on close price and not low and high.