An indicator that gives you the "heads up" that that bullish/ bearish strength is increasing. I wanted an indicator that could give me the "heads up" that bullish/ bearish strength is increasing. This would help me get into a breakout early or avoid entering a breakout that had a high probability of failure. Here are my definitions for this indicator: My...
Based on my observations while analyzing the crypto and forex charts, particularly BTCUSDT and EURUSD, I have noticed that the prices exhibit significant movements during most stock market sessions, particularly during New York main market session. With the aim of capturing these moves, I embarked on extensive research. Through this research, I discovered that by...
Easy visuals on, if volume is way over average. Good for Mean Reverting. Higher Volume tends to higher breakout chances. Please whisper me for for ideas how to make this better. Its a very simple script, but got some alpha. If you know how to improve, let me know and i will code it into.
Pips Breakout Candle measures price changes in pips. This indicator can be used to identify major price moves! The indicator comes with a sentiment line which is the sum of the Up versus Down price changes. It gives a good understanding of the current trend and identifies divergences. Set alerts for major price moves! Identify the trend! Identify...
Plot high and low of first candle from the current timeframe. The levels are adjusted automatically when the timeframe is changed. Trade breakout in either direction with other as a stop loss. Can be used for any instrument.
This script gives Signal based on 3 parameters (1) Exponential Moving average breakout (2)Retest after Breakout (3) Peak Breakout after retest for conformation Recommended Settings: (1) EMA Length = 20 period (2)Left Bars= Right Bars = 4 (3)15min chart resolution Note: Default setting is what recommended. Interpretation: (1)Green Background = Higher Peak...
The RP Breakout Shasthra indicator is designed to show custom breakout levels. There are many ORB (Opening range breakout) indicators which either take 9:15 as the default start time and the resolution is also fixed. There are many successful breakouts like 10:15 - 30mins breakout, 12:30 - 1 hour breakouts etc. So this indicator is designed to deliver you custom...