The VIB / GIB indicator V1 ----- 13 Feb 2023 ------------ Inital release. This gives the user the ability to easily display VIB(Volume ImBalances) and GIB(Gap ImBalances) on their chart. Volume imbalances (VIB) are created when there is a price difference between the close of a candle and the opening of the next candle. This price difference can be used as...
This indicator colors the wick of a candle on any timeframe based on whether the following rules are met: A colored wick below a candle indicates that the candles low was lower than the previous candles low, and the body of the candle closed above the previous candles low. A colored wick above a candle indicates that the candles high was higher than the previous...
This is a simple indicator to find the sideways market or ranging market. It is mainly focused on BTCUSD as BTCUSD doesn’t make big moves each and every candle. It makes big breakouts with one candle and then goes sideways for a longer period of time. So, this indicator identifies those big candles and plots high and lows of those big candles using lines. New...
The Token Metrics Combined Indicator v2 is a comprehensive technical analysis tool designed to output Long/Short signals for crypto assets on TradingView. It combines multiple indicators, including Token Metrics Clouds, Token Metrics Trend Lines , Token Metrics Channels, and signals, to give a comprehensive outlook on the market trend and potential entry/exit...
At the suggestion of a friend, I prepared this educational indicator to show how to use a Multi time frames on the chart based on the color of The Candle. This Script calculates the stochastic oscillator for multiple timeframes and displays the overbought/oversold signals on the chart with color coding. The stochastic oscillator is a momentum indicator that...
-Simple little tool to plot the wick CE: an ICT concept, consequent encroachment i.e. the midpoint line of a wick or tail; it being a potentially sensitive level (depending on context). -Wrote this to save me time drawing out fib retracement to locate the precise level of the wick CE. Example usage: show indicator, add horizontal ray over favored wick CE level,...
🔶 OVERVIEW 🔹 This script shows price in a similar style as volume . To accomplish this we use the body of the candle ( close - open ), which is placed on a zero line. This can be useful when comparing volume ~ price . 🔹 3 options are included to show additional lines, to make comparisons easier: · Percentile nearest rank · Bollinger Bands ...
Very simple indicator that shows the height of each candle (high-low) in histogram format. Can be used to compare the current candle with previous ones.
The Urika Confirmation (UC) Indicator helps a user make a better decision about areas to enter the market for a trade. The indicated incorporates the highs and the lows of the price for a specific period. The information is depicted on this two-line indicator to show the direction of the price. The gap between the two lines is a cloud for determining the current...
The Candle Hunter Indicator - by Karoshi Trading The Candle Hunter Indicator is based on specific Candlesticks and Patterns. Activating this indicator will mark all specific Bullish & Bearish Candles on the Chart. Depending on your settings, not all candles will be displayed on the chart. The goal of this indicator is, to highlight all the important trending...
This script is tailored towards experienced traders who prefer to view raw price charts during live execution. It searches for a three-bar pattern of what is colloquially called "fair value gap", or "imbalance" and uses a single line to plot the results. The goal is to display price in a way that is as simple as possible so that chart readers who don't prefer to...
The Zone Seeker Supply and Demand - by Karoshi Trading The Zone Seeker is based on the Supply & Demand Methodology. Activating this indicator will mark all the zones of your chart. Depending on your setting preferences, some zones will be showed or not. The indicator code works as follow: We will use the number of consecutive candles, body size compared to...
Inside Bar: Inside Bar is defined as, " when candle body range falls within previous day candle body". Some of us take the whole prices range . Here i have taken only the price range of the body of tehecandle. I have created an indicator to identify Inside bras and draw target levels on both the sides. Traders can easily convert it into a strategy and...
This is just an idea I had and I have no idea whether it will be useful but I thought I would “toss it out into the wild” because if someone finds it of benefit then all the better. How it works is really simple. It looks at a number of bars/candles back and if two bars next two each other close where one is higher than its open and the other closes lower (a...
This script is based on Nilly River Theory, and shows up, down, inner and outer bars according that concept. it can be used for trend recognition. blue after blue candles show continuation of an upward trend. red after red candles show continuation of a downward trend. gray candles are members of the trend they are within. An opposite candle color to previous...
The Pullback Indicator version 0.2 Identifies pullbacks by checking if the current candle's body is lower than the previous candle's low for a bearish pullback or higher than the previous candle's high for a bullish pullback. Once a pullback has been identified, the Indicator marks the lowest low or highest high of the trend with a circle. NOTE it's not fully...
Since my own style is Smart Money Concept and these days I have seen a lot of my friends who are having trouble identifying structures for their indicators and strategies. I wrote this code so they could use it in their strategy . In fact, this type of structure, as one of the strongest technical structures, can increase the success of your strategy according to...
This is a higher timeframe scanner that detects whether the market is bullish or bearish according to our Buy Sell Indicator on up to 8 different timeframes. It can also be customized to scan different tickers so you can scan tickers that typically move with or against the ticker you are trading for extra confirmation. The scanner can be configured to use the...