No Wick Bull/Bear Candlesticks with Arrow premium This script is for a custom trading indicator called "No Wick Bull/Bear Candlesticks with Arrow premium" developed by ClearTradingMind. It is designed for use with trading platforms that support scripting, such as TradingView. This indicator combines several technical analysis tools to help traders identify...
The Cloud Channel Signals script is a key element of the Cloud Channel Signal System. It primarily focuses on identifying breakout and reversal trades through a sophisticated cloud channel overlay. The script, designed for overlay on the price portion of charts, displays a “cloud-like” channel that signals potential breakout and reversal points around the...
The "Cloud Channel Indicators " script forms an integral part of a sophisticated trading approach, offering in-depth market analysis through its High Precision Oscillator and Trend Bias Indicator. These components provide traders with nuanced insights into market momentum and overall trend direction, making them invaluable for informed trading decisions. This...
This indicator is designed for traders who focus on the opening range breakout strategy and use EMAs as part of their trading decisions. The script markes the first 5 min opening candle and generates Buy and Sell signals calculating EMA. Basic features are : User Inputs: Allows users to enable/disable alerts and choose to display Exponential Moving Averages...
Here is an accurate and adaptive SR grid. Best settings: Zones: Large Turn off Daily High and Low lines 5m TF Steps: 1. Wait for price to get in a zone. Use break of structure and pullbacks to determine trend and safe entry. 2. Enter trade. Set TP a little before next zone. Set SL as desired. 3. Enjoy profits. More edits to come.
This script's purpose is to provide the user with an indicator that automatically plots Fibonacci levels. The user has three main options for determining the Fibonacci's high and low. This indicator offers an ample number of settings, making it a modular Fibonacci overlay. The default setting is based on Donchian high and low. Another option is to base the...
Bollinger Bands are a technical analysis tool consist of three bands—an upper, middle, and lower band—that are used to spotlight extreme short-term prices in a security. The upper band represents overbought territory, while the lower band can show you when a security is oversold. Most technicians will use Bollinger Bands® in conjunction with other analysis tools...
// ================================= Trend following strategy. // ================================= Strategy uses two channels. One channel - for opening trades. Second channel - for closing. Channel is similar to Donchian channel, but uses Close prices (not High/Low). That helps don't react to wicks of volatile candles (“stop hunting”). In most cases...
Winningwave is a hurricane algorithm that works in all time frames and all transactions (stock exchange-coin), is too comprehensive to be explained in detail and includes many strategies. To explain briefly; It is a layered oracle algorithm that gives signals by filtering the formations (Normal and Harmonic formations) created by multiple account movements...
🟩 INTRODUCTION Hello, everyone! Please take the time to review this description and source code to utilize this script to its fullest potential. 🟩 CONCEPTS This is a trend indicator. The trend is the 0.5 fibonacci level for a certain period of time. A trend change occurs when at least one candle closes above the level of 0.236 (for long) or below 0.786...
█ OVERVIEW This a simplified version of linear regression channel which use length 200 instead of traditional length 100. █ FEATURES Color change depends light / dark mode. █ LIMITATIONS Limited to source of closing price and max bars back is 1500. █ SIMILAR Regression Channel Alternative MTF Regression Channel Alternative MTF V2
The "Monday Range" Pine Script indicator calculates and displays the lowest and highest prices during a specified trading session, focusing on Mondays. Users can configure the trading session parameters, such as start and end times and time zone. The indicator visually highlights the session range on the chart by plotting the session low and high prices and...
OVERVIEW This indicator provides us great convenience when analyzing the parity by drawing a range at the highest, lowest and middle levels of the previous time period in the time period we choose, and showing where the price is currently in the range it has created in the past. ALGORITHM - How does the indicator work ? It draws the highest and lowest values...
There are 5 horizontal lines printed by this indicator, and they extend from the last bar to a user-defined look-back period (the number of bars back from the last bar). The dark blue lines are the swing high and swing low within the look-back period. The magenta lines are the range high and range low used to define a trading range for the look-back period. The...
OVERVIEW The Channel Corridor indicator is designed to operate on a log chart of asset prices (e.g., BTCUSD), specifically on a weekly timeframe. The intent of the indicator is to provide a visual representation of market dynamics, focusing on a dynamically adjusted corridor around a Simple Moving Average (SMA) of an asset's price. The corridor adapts to...
This script combines the power of Average True Range (ATR) and a Moving Average (MA) to dynamically set stop-loss and take-profit levels. It introduces a volatility surge condition and includes a risk management table for comprehensive trade insights. 1) **Originality:** - This script is original in its approach to combining Average True Range (ATR) with a...
This Pine Script code is a comprehensive indicator for the TradingView platform, offering a variety of technical analysis tools. Below is an English introduction to its features and purposes: Introduction: This indicator is designed for traders on TradingView and provides a multi-functional analysis toolset. It includes different charting modes (Heikin-Ashi,...
Discover the synergistic power of Fibonacci ratios with traditional Bollinger Bands in the 'Fibonacci Enhanced Bollinger Bands' indicator. Ideal for traders seeking dynamic price levels for strategic entries and exits, this tool adds a unique Fibonacci twist to your technical analysis toolkit. Introduction to Fibonacci Enhanced Bollinger Bands 'Fibonacci...