The script helps in recognizing the money flow resistance and rsi level combinations and is quite useful
This Pine Script indicator, titled "Trading Companion," serves as a versatile tool for traders. It includes several sections to aid in technical analysis and decision-making. The indicator first computes two Simple Moving Averages (SMA) based on user-defined lengths, highlighting bullish and bearish crossovers between these averages with labeled markers. Users can...
Doji Patterns will be found based on 3 conditions - Check if Open-close difference is a certain percentage of High-low difference Check Upper & Lower wick sizes are greater than respective min threshold values Check if the difference of Upper & Lower wick size is higher than the min threshold value The threshold values are predetermined based on the...
This script visualizes the relative performance of a primary asset against a benchmark composed of three reference assets. Here's how it works: User Inputs: - Users specify ticker symbols for three reference assets (default: Platinum, Palladium, Rhodium). Data Retrieval: - Fetches closing prices for the primary asset (the one the script is applied to) and...
📈 What Does It Do? Correlation Calculation: Measures the correlation between a selected asset (Asset 1) and up to four additional assets (Asset 2, Asset 3, Asset 4, Asset 5). User Inputs: Allows you to define the primary asset and up to four comparison assets, as well as the period for correlation calculations. Correlation Matrix: Displays a matrix of...
1. Cấu hình chỉ báo: • Sử dụng / /@version=5 đế chỉ định phiên bản Pine Script. • Sử dụng indicator để thiết lập tên chỉ báo và hiển thị trên biểu đồ chính. 2. Tính toán MACD: • Sử dụng ta .macd để tính toán MACD với các tham số đầu vào. • Tính toán MACD line, signal line và histogram. 3. Tính toán RSI: • Sử dụng ta. rsi để tính RSI với độ dài 14 kỳ. 4. Hiển thị...
This Pine Script indicator calculates and visualizes the price movement for each candlestick on the chart. - **Calculation**: The price movement for each candle is determined by subtracting the opening price from the closing price. - **Visualization**: The price movement is plotted as a histogram, with positive values indicating upward movement (green bars)...
Description of the "Enhanced Forex Indicator" The "Enhanced Forex Indicator" is designed for traders who want a comprehensive technical analysis tool on the TradingView platform. This script integrates Exponential Moving Averages (EMAs), support and resistance zones, and candlestick pattern recognition to provide actionable trading signals, particularly useful...
- Overview Consecutive counting is a simple method to mechanically define trending states to the upside and downside. Consecutive counts are calculated by taking reference price level (e.g. close 4 candles ago) and count closes above/below it up to a maximum count that resets the consecutive count back to 1. This tool provides the means to backtest each count by...
🔵 Introduction Smart Money, managed by large investors, injects significant capital into financial markets by entering real capital markets. Capital entering the market by this group of individuals is called smart money. Traders can profit from financial markets by following such individuals. Therefore, smart money can be considered one of the effective...
This script identifies swing highs and swing lows from a user-defined number of bars back in the past until the most recent elapsed bar. It does so by plotting a triangle shape above the highest high and below the lowest low of a swing high and swing low candle formation, respectively. The script’s logic considers a swing point to be a three-candle formation that...
This indicator will highlight FVGs that may give you higher chance of entry
Introducing the HACKSPRICEACTION ALGO V.1 by MoneyHacksRwanda - Your Ultimate Trading Companion! Dear Trader, We are excited to present to you our exclusive invite-only trading indicator, the HACKSPRICEACTION ALGO V.1. This powerful tool is designed to enhance your trading experience by providing clear and actionable signals to help you make informed decisions....
Presentation Welcome to the Market Structure Analyzer, a powerful and advanced TradingView indicator designed to provide detailed insights into market structure and significant price levels . This indicator leverages state-of-the-art technical analysis techniques to help traders make informed trading decisions. Content of the indicator : - price action...
Regra de coloração criada para ajudar os iniciantes a se posicionarem em tendencias. Desenvolvida por Bruno Camera do canal Hora de Valor.
This Indicator was Made to Plot Important Highs & Lows that have been created within market sessions with highest volume Highs & Lows that have been created with highest volume should hold some liquidity. That's why this indicator displays arrows with different colors (one bullish/one bearish) to highlight once those highs/lows get taken out, with the addition of...
🚀 Introducing the Institutional Liquidity and Price Action Concepts™ (ILPAC) , a comprehensive toolkit developed by AlgoAlpha. This All-in-One indicator offers a robust approach to understanding price action and liquidity, empowering traders with hyper customizable features to tailor their analysis to their specific trading strategies. Designed with efficiency...
Indicators: Exponential Moving Averages (EMAs): Faster to respond to recent price changes compared to simple moving averages. RSI: Measures the magnitude of recent price changes to evaluate overbought or oversold conditions. Signal Generation: Buy Call Signal: Generated when the short EMA crosses above the long EMA and the RSI is not overbought (below 70). Buy...