Description: The BTC - Power Law Oscillator is a technical analysis tool designed to help traders and investors identify potential overbought and oversold conditions in the Bitcoin market. This oscillator is based on a power law model that approximates Bitcoin's historical price trajectory, providing a framework for understanding deviations from this trajectory...
Description: The BTC Hash Rate to Price Ratio indicator is a sophisticated tool designed to assist traders in identifying potential market turning points for Bitcoin by combining network health, market sentiment, and valuation metrics. This indicator integrates three key components—Hash Rate, RSI (Relative Strength Index), and MVRV (Market Value to Realized...
What the Code Does 1. **Draws Lines and Labels**: - It draws lines on your chart to show the high, low, open, and close prices from the previous period (like the previous day or week). - It also labels these lines with numbers that tell you how far the current price is from these levels. 2. **Shows Price Movement**: - You can see how far the price has...
The "Internal/External Market Structure " indicator is a tool designed to identify and visualize internal and external market structure based on swing highs and lows. It helps traders understand short-term (internal) and long-term (external) price behavior. 🔶 What are ChoCH and BoS? Change of Character (ChoCH) Change of character refers to the reversal...
🔵 Introduction The Butterfly Harmonic Pattern is a sophisticated and highly regarded tool in technical analysis, utilized by traders to identify potential reversal points in the financial markets. This pattern is distinguished by its reliance on Fibonacci ratios and geometric configurations, which aid in predicting price movements with remarkable...
### Explanation of the Pine Script This Pine Script identifies and displays weekly naked Points of Control (nPOCs) on a TradingView chart. An nPOC represents a Point of Control (POC) from a previous week that has not been revisited by price action in subsequent weeks. These nPOCs are extended to the right as horizontal lines, indicating potential support or...
This TradingView Pinescript combines Bollinger Bands and a custom SuperTrend indicator to generate trading signals. Bollinger Bands: Bollinger Bands are a popular volatility indicator that consists of three lines: * Basis: A simple moving average (SMA) of the price (default length is 20 periods). * Upper Band: The basis plus a standard deviation multiplier...
This Pine Script indicator is designed to identify specific bullish and bearish structures on a price chart based on user-defined conditions. The indicator highlights buy and sell signals and allows customization through input checkboxes to include or exclude additional conditions for generating these signals. Key Features: User Input Checkboxes: Use Additional...
MSS-FVG Fusion Script by Tren10x What the Script Does: The MSS-FVG Fusion Script by Tren10x combines Market Structure Shifts (MSS) and Fair Value Gaps (FVG) to provide traders with strategic entry points, customizable features, and a comprehensive tool for trading analysis. It identifies shifts and breaks in market structure while pinpointing significant fair...
█ INTRODUCTION The Trap Play Indicator is designed to identify a market liquidity pattern where the price initially makes a new high or low, luring traders into believing a strong trend is forming. However, the price quickly reverses and invalidates the breakout, trapping those traders who entered positions based on the initial move. This sudden reversal often...
Volume-Weighted Support and Resistance with Projections (VW-SRP) Overview This TradingView PineScript indicator, "Volume-Weighted Support and Resistance with Projections" (VW-SRP), identifies key support and resistance levels based on volume-weighted average price (VWAP), short-term highs and lows, and projects future levels using standard deviation. It also...
Explanation of the Code: Bullish Engulfing: low <= low : The low of the current candle is lower than or equal to the low of the previous candle. close >= close : The close of the current candle is higher than or equal to the close of the previous candle. close > open: The current candle is bullish. open > close : The previous candle is bearish. Bearish...
It is very simple strategy, in this you will will whenever MA 7 crossover MA 30 you will get the Buy and Sell signal. Best time frame to test this strategy is 4 hour and 1 day. Also you can try 1 hour and 15 min time frame
The Candle Body Percentage Indicator is a custom TradingView script designed to display the percentage of the candle's body relative to the full candle length for each bar on the chart. This indicator helps traders quickly assess the strength of price movements by comparing the body (the range between the open and close prices) to the total range of the candle...
ATR X-Power is a simple graphical representation of Average True Range. The ATR is calculated on a daily basis and averaged over the "Length" specified in settings (default is 14 days). At the start of the day, the starting price is recorded and five horizontal lines are drawn which illustrate possible ranges for the day: Starting price Starting price +...
Outside Bar Percentage by Hour Indicator Description: The "Outside Bar Percentage by Hour" indicator is a powerful tool designed to analyze the occurrence of outside bars within each hour of the trading day. This indicator not only tracks the frequency of these key market events but also provides a detailed breakdown of their distribution, allowing traders to...
Title: Candlestick Reversal Signals This Pine Script indicator is designed to identify and plot signals for two key candlestick reversal patterns: Bullish and Bearish Engulfing patterns, as well as Bullish and Bearish Harami patterns. These patterns are widely recognized for their ability to indicate potential trend reversals in the market, providing traders with...
█ OVERVIEW This indicator automatically draws and sends alerts for all of the harmonic patterns in my public library as they occur. The patterns included are as follows: • Bearish 5-0 • Bullish 5-0 • Bearish ABCD • Bullish ABCD • Bearish Alternate Bat • Bullish Alternate Bat • Bearish Bat • Bullish Bat • Bearish Butterfly • Bullish Butterfly • Bearish...