### Strategy for Using Continuity Points with 20 and 9 Period Exponential Moving Averages, and Support and Resistance This strategy involves using two exponential moving averages (EMA) - one with a 20-period and another with a 9-period - along with identifying support and resistance levels on the chart. Combining these tools can help determine trend...
Double Inside Bar Indicator Or Consecutive Inside Bar Highlighting This custom Pine Script indicator is crafted for traders who utilize the traditional Inside Bar . A Double Inside Bar is a more specific pattern, involving two consecutive bars that are both contained within the range of a preceding "mother bar". This script not only detects these patterns but...
A simple script that plots the previous day's high, midway, and low points. You can also set alerts with this script, allowing you the ability to not have to stare at the charts all day.
This script was developed with Blockhead305 (seriously talented) and uses 1) the Three Line Strike from The Moving Average as well as 2) an original doji script written for me and 3) the Interactive Trendline as developed by Blockhead305. The basic premise is that should a doji or Three Line Strike occur within a customizable ATR distance from your trendline, an...
Title : "The Dual-Dynamic Fibonacci Retracement Script: An Advanced Tool for Comprehensive Market Analysis" As the author of the "Dual-Dynamic Fibonacci Retracement Script", I am delighted to introduce you to this cutting-edge tool for technical analysis. Unlike conventional Fibonacci scripts, this advanced model incorporates multiple unique features and...
Goodbye MACD. Hello DACD. The Dynamic Action Convergence Divergence (DACD) indicator presents a unique approach to understanding market trends and potential price reversals. This indicator is distinctly different from the currently published scripts in the following ways: 1. The DACD is rooted in the principles of the Average Directional Index (ADX) —...
ACBR, or, Average Candle Bodies Range is a volatility and momentum indicator designed to indicate periods of increasing volatility and/or momentum. The genesis of the idea formed from my pondering what a trend trader is really looking for in terms of a volatility indicator. Most indicators I've come across haven't, in my opinion, done a satisfactory job of...
The Break and Retest indicator strives to provide a visual aid for spotting areas of continuation and pullbacks. Support and resistance levels are drawn out automatically and have sequential conditions in place to determine a breakout following an eventual retest. Additionally, there are methods in place that try and detect liquidation events and still output a...
█ OVERVIEW MATHR3E Range Conquest Index (RCI) is an arithmetic oscillator for trend analysis. █ CONCEPTS Disclaimer MATHR3E RCI indicator is intended for advanced traders and may fit your profile, whether you are a day trader or a long-term investor. It was originally developed by a renowned market analyst and documented in numerous books. Among them is the...
In my opinion the %K is the only part of the stochastic that you actually need. It's the fast RSI, so it responds much better to large price movements and reveals divergence a lot sooner than %D. The %D has no real confluence with the rest of my strategy so, I only use %K.
An overlay version of pertinent signals from my version of LazyBear's Wavetrend Oscillator. Shows momentum of long period WTO as either background colors or symbols. Shows continuation and reversal trade signals. If Secondary WTO is above the center line (momentum is long), then symbols print across the top of the chart when the primary (faster) WTO comes into...
This script searches multiple divergences based on the wave trend indicator You could combine support and resistance to identify with the bearish divergence a Potential Top. Bullish divergence on the other hand could indicate that the market found its bottom and you should keep your eye open for an long entry. If you are already short and took some...
This script uses simple features to indicate where a trend may continue. It uses market structures and monitors breaks of swing highs and swing lows. If there is a break upwards, the alert will give signal when there is a sweep that forms in the biased direction (see chart - alert will trigger on candle close). For it to send alerts you must right click the...
This script uses simple features to indicate where a trend may continue. It uses market structures and monitors breaks of swing highs and swing lows. If there is a break downwards, the alert will give signal when there is a sweep that forms in the biased direction (see chart - alert will trigger on candle close). For it to send alerts you must right click the...
This script uses simple features to indicate where a trend may continue. It uses market structures and monitors breaks of swing highs and swing lows. If there is a break upwards, the alert will give signal when swing points forms (see chart - alert 1) or when sweeps form (see chart - alert 2). For it to send alerts you must right click the indicator and apply...
Simply using a single RSI and placing a signal after it crosses the 50 level after being overbought or oversold in the same direction.
The purpose of this script is to determine the response of trading volume to price action This is not an indicator but a set of four signals 1 - Bullish Strength Signal (Upward Green Triangle) : If the resistance is broken at the same time is valid this signal indicates the continuation of the bullish trend the trading volume is relatively...
█ OVERVIEW Official release of VPR Grid, a mean reverting, trend discovering tool meant to protect capital and find high probability entries. What this indicator is meant to be used for: Mean reverting trades Entries or exits for either swing trades or scalps Traditional and cryptocurrency markets Low and high timeframe setups Sentiment checks ...