Panoramic EMA - Multi TimeframePanoramic EMA - Multi Timeframe
This indicator provides a straightforward visualization of Exponential Moving Averages (EMAs) from multiple timeframes simultaneously. This indicator allows traders to customize the display of EMAs, making it easier to identify and analyze trends and potential support or resistance levels across different periods.
Settings:
EMA Lengths: Customize up to five EMA lengths. Activating a length will display its EMA line on the chart for the selected timeframes.
Timeframes Selection: Choose up to four different timeframes to display the EMAs. This lets you observe how EMAs behave on various scales from a single chart.
Interpretation:
Utilize the EMAs as potential zones of dynamic support or resistance.
Observe the relationship between price action and EMAs across different timeframes to gauge market sentiment and identify trend consistency or potential shifts.
This tool is designed to offer visual clues about the market state through the behavior of EMAs. It does not generate direct buy or sell signals. It is recommended to understand how the assets you are trading interact with EMAs. For instance, in our example below, Bitcoin demonstrates a tendency to interact with the 800 and 200-length EMAs on the 4-hour timeframe, providing areas where price rejections may occur:
Note: This is a utility-focused indicator meant to supplement your market analysis and should be used in conjunction with other analysis methods or indicators for the best results.
Multitimeframe
10x Bull Vs. Bear VP Intraday Sessions [Kioseff Trading]Hello!
This script "10x Bull Vs. Bear VP Intraday Sessions" lets the user configure up to 10 session ranges for Bull Vs. Bear volume profiles!
Features
Up To 10 Fixed Ranges!
Volume Profile Anchored to Fixed Range
Delta Ladder Anchored to Range
Bull vs Bear Profiles!
Standard Poc and Value Area Lines, in Addition to Separated POCs and Value Area Lines for Bull Profiles and Bear Profiles
Configurable Value Area Target
Up to 2000 Profile Rows per Visible Range
Stylistic Options for Profiles
This script generates Bull vs. Bear volume profiles for up to 10 fixed ranges!
Up to 2000 volume profile levels (price levels) Can be calculated for each profile, thanks to the new polyline feature, allowing for less aggregation / more precision of volume at price and volume delta.
Bull vs Bear Profiles
The image above shows primary functionality!
Green profiles = buying volume
Red profiles = selling volume
All colors are configurable.
Bullish & bearish POC + value areas for each fixed range are displayable!
That’s about it :D
This indicator is part of a series titled “Bull vs. Bear”.
If you have any suggestions please feel free to share!
Anticipated Profit Targets (APT)Anticipated Profit Targets (APT)
Purpose:
The Anticipated Profit Targets script is a specialized tool designed to assist traders in visualizing potential exit points for their trades. This is achieved by leveraging the Average True Range (ATR), a renowned measure of market volatility.
How It Works:
ATR Computations: At its core, the script calculates the ATR based on a user-defined number of periods. The ATR captures the range between the high and low prices of an asset over a specific duration, providing a snapshot of its volatility.
Multiplier Application: To fine-tune the profit targets, the ATR is multiplied by a user-defined multiplier. This step adjusts the ATR value, setting the profit targets at a distance from the current price, thus accounting for potential price movements.
Adaptable Timeframes: One of the standout features of this script is its adaptability. Users can select their desired timeframe for the profit target calculations. This flexibility means that a trader can be on a 15-minute chart but visualize profit targets based on the volatility of a 1-hour chart.
Visual Representation: The calculated profit targets are then overlaid onto the current chart. This visual aid provides traders with a clear perspective of potential exit points in relation to ongoing price movements.
Originality and Usefulness:
While the concept of using ATR for setting profit targets isn't new, this script's adaptability across timeframes and its user-centric customization options make it a unique offering. The combination of ATR with dynamic multipliers and timeframe adaptability ensures that traders get a tool tailored to their specific needs, rather than a one-size-fits-all solution.
Usage Guidelines:
After adding the script to the chart, traders can adjust the input parameters to their preferences. The anticipated profit targets will then be displayed, offering potential exit points. It's recommended to use these targets in conjunction with other technical indicators and chart patterns for a holistic trading strategy.
Features:
ATR Periods: The ATR is calculated using a user-defined number of periods. By default, it's set to 14 periods, a standard setting. The ATR gauges the asset's volatility, and adjusting the periods can increase or decrease its sensitivity to recent price fluctuations.
ATR Multiplier: The ATR is multiplied by a user-defined factor to determine the profit targets. With a default multiplier of 1.5, the profit target will be positioned 1.5 times the ATR above (for bullish trades) or below (for bearish trades) the current price.
Target Timeframe: Traders can choose the timeframe for which the profit targets are calculated. This feature enables viewing of profit targets from higher timeframes on the current chart. For instance, while observing a 15-minute chart, one can see the 1-hour profit targets.
Visual Indicators:
1. Two lines are plotted: the bullish target (in green) and the bearish target (in red).
2. At the onset of each new candle in the selected higher timeframe, labels indicating the precise profit target values are displayed.
3. Price scale labels also showcase the profit targets, offering a quick reference for potential exit points.
Customization:
Traders can modify the following parameters:
1. ATR Periods: Adjusting the number of periods can refine the ATR's sensitivity to price changes.
2. Multiplier for ATR: Tweaking this value alters the distance between the profit targets and the current price.
3. Timeframe for Profit Targets: A variety of timeframes are available, granting flexibility in viewing profit targets.
How to Use:
After integrating the script into their chart, traders can modify the input parameters as desired. The anticipated profit targets will then be overlaid on the chart, offering potential exit points. When used alongside other technical indicators and chart patterns, this tool can enhance trading decision-making.
Note: This script is designed for educational purposes and should not be considered as financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions.
MACD_base_and_reference_TF//====================================================================================================================
The "MACD_with_reference" indicator aims to illustrate the MACD (Moving Average Convergence Divergence) on two distinct timeframes: the base timeframe (typically the chart's timeframe, e.g., 1D) and the reference timeframe (defaulted to 1W). This tool provides a means to determine momentum shifts within the stock, potentially guiding traders in adjusting or trimming positions.
// ================================================== INFO ==================================================
Key Features of the Indicator:
- Dual Timeframe MACD: Displays MACD on both the primary (base) and higher (reference) timeframes - transparent.
- Momentum Analysis: indication of MACD crossdown of the signal line on the refenence TF to indicate momentum loss on the higher timeframe, guiding decisions to manage positions.
- MACD Line Status: Beneath the chart, a red/green bar line signifies the MACD line's position relative to the signal line on the higher timeframe.
- Alert Creation: Allows for alerts on the MACD and signal line crossdown on the higher timeframe, aiding in planning stop-loss settings for owned stocks.
// ================================================== NOTES ==================================================
The "MACD_with_reference" indicator finds optimal usage in several scenarios:
- Chart Analysis: Replacing the MACD indicator during chart reviews.
- Alert Setup: Setting alerts for owned stocks to plan ahead for stop-loss placements or position closures.
// ================================================== TODO ==================================================
//#endregion ========================================================================================================
// Continue the script code...
New York Sessions Morning, Lunch and afternoon. AMKDescription
The script is designed to highlight the New York Stock Exchange's trading day, broken down into three specific sub-sessions: morning, lunchtime, and afternoon. Each sub-session is color-coded to provide an immediate visual cue about which portion of the trading day is currently active. Additionally, this script allows the user to adjust the time zone offset, making it adaptable for traders in different time zones around the world.
Originality
While there are scripts that highlight the entire trading day or specific market hours, this script adds granularity by breaking down the New York trading session into its typical behavioral parts: the morning rush, the lunchtime lull, and the afternoon action. The addition of an adjustable time zone offset is a unique feature that makes the tool more versatile and accommodating to a global user base.
Usefulness
The ability to visualize these different trading sessions can be valuable for various types of traders:
Day Traders: The script helps to immediately identify which session they are in, aiding in their trading strategy as market behavior can vary between these periods.
Swing Traders: They may use these sub-sessions to time their entries or exits, especially if they're based in different time zones.
Market Analysts: The color-coded sessions provide a quick way to analyze the historical performance and volatility of an asset during different trading periods.
Global Traders: The time zone adjustment feature makes it easy for traders outside of the Eastern Time Zone to customize the script according to their local time, increasing its utility across different markets.
Educational Purpose: For new traders, this could serve as an educational tool to understand the typical behavior of the stock market at different times of the day.
So, whether you're timing an intraday entry or looking for patterns tied to specific market sessions, this script offers a straightforward, visual way to keep track of where you are in the trading day.
DiNapoli Control Panel CompactThis is a compact more customizable control panel to display the overall state of Dinapoli related indicators.
This indicator displays a matrix containing a customized set of Dinapoli indicator states from Higher Timeframes. It works as a Control Panel to properly monitor multiple layers of the market at an eye glance.
It can print the multi time frame state of the following indicators:
Macd Predictor
Oscillator Predictor
Stochastic Predictor
Trusht: Its presence and state of maturity
DMAs: 3x3, 7x5 and 25x5
In order to aid a custom display, it's designed to only supply color states in multiple time frames. This one doesn't provide the value reading of the indicators.
Only Higher Timeframes states do appear in the table. Lower Timeframes are hidden due to inability to get reliable results for such behaviour in current Tradingview environment.
By default only 5 timeframes get activated: 1H, 4H, 1D, 1W and 1M. But many more are available to be displayed throught the Input Tab.
The sorting of the rows and the position of the table can be customized through the input panel.
MA + MACD alert TrendsThis is a strategy/combination of warning indicators using 6MA+MACD.
The strategy details are as follows: This is a simple warning strategy created so that we don't have to monitor the candlestick chart too often.
Note: This isn't an entry strategy; it's a signaling strategy for upcoming trends. For maximum efficiency, we should incorporate more formulas into the command. In the case below, I use Fibonacci to enter the command.
This strategy setting works for a 15-minute time frame, but it can still work for different time frames.
It has been working well with Gold and USOIL for the last two years, as well as with currency pairs like EURUSD and many others.
Components:
EMA100 + EMA200 + MA400 + MA800
MACD (timeframe greater than 1 timeframe)
Fibonacci retreat.
Uptrend alert:
Candles on both EMAs (100-200) + 2 SMAs (400-800)
In the previous 80 candles:
EMA100 cross up to EMA200
At the same time, the MACD cross up 0.
The uptrend warning will trigger when EMA6 cuts down to MA10. That's when the price creates the top and we'll wait for the market to go back to the Fibonacci threshold of 0.618 and start buying (or wait for markets to break up the trendline to buy).
Downtrend alert:
Candles are below both EMAs ( 100-200 ) + 2 SMAs ( 400-800 )
In the previous 80 candles:
EMA100 cross down to EMA200
At the same time, the MACD cross down zero.
The downtrend warning will trigger when EMA6 cuts to MA10. That's when the price creates a bottom and we'll wait for the market to go back to the Fibonacci threshold of 0.618 and start selling (or wait for the market to break down the trendline to sell).
Recommended RR: 1:1
If you have any questions please let me know!
3x MTF MACD v3.0MACD's on 3 different Time Frames
Indicator Information
- Each Time Frame shows start of Trend and end of trend of the MACD vs the Signal Cross
- They are labled 1,2,3 with respective up or down triangle for possible direction.
User Inputs
- configure the indicator by specifying various inputs. These inputs include colors for bullish
and bearish conditions, the time frame to use, whether to show a Simple Moving Average
(SMA) line, and other parameters.
- Users can choose time frames for analysis (like 30 minutes, 1 hour, etc.)
but they must be in mintues.
- The code also allows users to customize how the indicator looks on the chart by providing
options for position and color.
Main Calculations
- The script calculates the Simple Moving Average (SMA) based on the user-defined time
frame.
- It then determines the color of the plot (line) based on certain conditions, such as whether
the SMA is rising or falling. These conditions help users quickly identify market trends.
Label Creation
- The code creates labels that can be displayed on the chart.
These labels indicate whether there's a bullish or bearish signal.
Level Detection
- The script determines and labels key levels or points of interest in the chart based on
certain conditions.
- It can show labels like "①" and "▲" for bullish conditions and "▼" for bearish conditions.
Table Display
- There's an option to show a table on the chart that displays information about the MACD
indicator Chosen and the NUmber Bubble assocated with that time frame
- The table can include information like which time frame is being analyzed, whether the SMA
line is shown, and other relevant data.
Plotting on the Chart
- The script plots the Simple Moving Average (SMA) on the chart. The color of this line
changes based on the calculated trend conditions.
ATR (Average True Range)
- The script also plots the Average True Range (ATR) on the chart. ATR is used to measure
market volatility.
"In essence, this script is a highly customizable MACD and SMA indicator for traders. It assists traders in comprehending market trends, offering insights into different MACD cycles concerning various timeframes.
Users can configure it to match their trading strategies, and it presents information in a user-friendly manner with colors, labels, and tables.
This simplifies market analysis, allowing traders to make more informed decisions without the distraction of multiple indicators."
Advanced VSA: Trend and Range LevelsThe indicator is designed for traders who are more interested in market structures and price action using volumes. Analyzing volumes, key market levels, market phases (trend or range/sideways), and multiple timeframes can help the trader build a clearer and more comprehensive view of the market. The data analysis algorithm is developed based on VSA methods, elements of the ICT concept, and the results of my research to assist trader in gaining a better understanding of the market and uncovering information that might go unnoticed.
The key idea is to consider multiple timeframes in trading. Understanding larger market movements from higher timeframes can provide a deeper context when making trading decisions, aiming to assist in more effective entries and exits. This is achieved by identifying the trend and its support levels on multiple timeframes, identifying ranges and their current boundaries, as well as buyer and seller interest zones.
Key Features
Trend Identification: The indicator determines the trend and its current support level. All significant price &movements occur in the form of impulses (either by sellers or buyers). An impulse consists of one or several consecutive candlesticks, at least one of which has a closing price beyond the boundaries of the previous impulse. The indicator displays the base of the impulse and/or the entire impulse. The base of the impulse represents the trend's support level.
Range Identification: The indicator can identify ranges and their current boundaries. Institutional traders take positions within price ranges, and many market reversals occur after flats. A range is a sequential price movement up and down within a specific price range. A range is formed by a minimum of 4 points, 2 above and 2 below, and is defined by its boundaries. The indicator detects ranges based on two (two consecutive impulses in one direction) or three impulses (the first and third in one direction, and the second in the opposite direction). The indicator displays the current boundary points of the range and the level of protection after exiting the range and initiating a trend.
Buyer and seller zones within impulses: After the impulse ends, a correction occurs. It is advisable to look for entry points during this correction in the direction of the impulse from the zone of interest of the owner of the impulse: the buyer's zone for a long impulse and the seller's zone for a short impulse. A zone consists of a series of consecutive candlesticks grouped on the chart in a specific manner.
Multi-Timeframe Trend Identification: The indicator also identifies the trend on two higher timeframes and displays the two latest bases of impulses from those higher timeframes on the chart.
Additional Features
Identification of Test Levels and Effort. A test is the price's return to a zone or to a candle of effort, followed by a continuation in the direction of the initial price movement. It is characterized by the test level. An effort or effort candle is a single candle that is individually larger in volume than the previous 2.
Example Use Cases
You can display the base levels of impulses from a 4-hour time frame and a daily time frame on a 15-minute chart to keep track of important levels from higher timeframes.
By exploring different timeframes, you can identify consolidations (range/sideways movements) and trade within them in the direction of the trend from higher timeframes.
If the market is in a trending phase (the presence of a trend is determined by two consecutive impulses in the same direction), look for trades in the direction of the impulse, following these priorities:
When the impulse base level is protected by the host of the impulse.
During corrections, look for buy trades in the buyer's zone for an uptrend and sell trades in the seller's zone for a downtrend.
During corrections, look for buy trades from a buyer's effort candle for an uptrend and sell trades from a seller's effort candle for a downtrend.
If the market is in a consolidation phase (range), look for trades:
When the current or maximum/minimum historical boundaries of the consolidation (range) are protected, look for trades towards the opposite current boundary.
If the price exits the consolidation/range (closes outside all consolidation boundaries, including both current and historical boundaries), then during corrections, look for trades in the direction of the exit.
Settings
Trend: Display base levels of impulses and/or the entire impulse. Sideways Ranges (Sideways Markets): Display the required number of sideways ranges on the chart, along with protection levels for exiting the sideways range. There are two modes for finding sideways ranges. The first mode requires touching points. The second mode (advanced) does not require precise touching of points if there are increased volumes at the extreme points of the sideways range. Touching these volumes is sufficient for the price.
Zones: Display zones on the chart. Choose the types of displayed zones and their colors. They are divided into three types. The first type is the most promising for finding trades. Type 3 represents more aggressive trades.
Test Levels: Display test levels for zones and efforts on the chart. There are three types of test levels. The first type is the most promising for finding trades. Type 3 is not recommended for finding trades as it represents the most aggressive trades.
Higher Time Frames: Choose 2 timeframes and the types of displayed impulse base lines.
RSI Radar Multi Time FrameHello All!
First of all many Thanks to Tradingview and Pine Team for developing Pine Language all the time! Now we have a new feature and it's called Polylines and I developed RSI Radar Multi Time Frame . This script is an example and experimental work, you can use it as you wish.
The scripts gets RSI values from 6 different time frames, it doesn't matter the time frame you choose is higher/lower or chart time frame. it means that the script can get RSI values from higher or lower time frames than chart time frame.
It's designed to show RSI Radar all the time on the chart even if you zoom in/out or scroll left/right.
You can set OB/OS or RSI line colors. Also RSI polyline is shown as Curved/Hexagon optionally.
Some screenshots here:
Doesn't matter if you zoom out, it can show RSI radar in the visible area:
Another example:
You can change the colors, or see the RSI as Hexagon:
Time frames from seconds to 1Day in this example while chart time frame is any ( 30mins here )
Enjoy!
Watchlist Heatmap PlusIntroducing 'Watchlist Heatmap Plus,' an advanced indicator designed to supercharge your trading experience. With this tool, you can easily track up to 40 symbols in your watchlist and gain valuable insights into their performance. Here's what it does:
1. Data Visualization: Watchlist Heatmap Plus displays essential data for each symbol, including open, high, low, close, close percent, volume, and volume percent.
2. Dynamic Color Coding: The indicator leverages a dynamic color-coding system to make data interpretation a breeze. By default, red indicates a decrease or a lower value compared to the immediate previous candle, while green represents an increase or a higher value. This color scheme is consistently applied to open, high, low, close, and volume data, making it easy to spot trends at a glance. Close percent and volume percent are color-coded according to their actual values.
3. Customization Options: Users have the power to customize the displayed data to align with their trading strategy. They can choose from several data display options:
- Regular: Display the original data as is.
- Change: Show the difference between the current value and the previous candle.
- Change Percent: Display the percentage change between the current and previous values.
- Equal To, Less Than, Less Than or Equal To, Greater Than, Greater Than or Equal To: Perform comparison operations between the current and previous value, producing a boolean output.
4. Consistent Color Coding: Regardless of the data display option chosen, the color-coding functionality remains the same, based on the percentage change, allowing traders to quickly assess the health of each symbol.
Performance Considerations:
Please be aware that due to the complexity of this indicator and the substantial volume of data requests it handles, users may experience occasional data lag and performance slowdown, particularly when applied to certain timeframes. In some cases, there may be a risk of memory exhaustion, especially on smaller timeframes.
To optimize your experience and ensure smooth functionality, I recommend using this indicator on higher timeframes where data processing is less resource-intensive. Additionally, when using the indicator with the chart's replay feature, be cautious as it may encounter memory limits, affecting its performance.
New Tradability by hajiIntroduction:
The New Tradability Indicator is a state-of-the-art, meticulously coded tool designed for traders on TradingView. Crafted with precision and an in-depth understanding of market dynamics, this indicator offers a comprehensive insight into market tradability across various time frames. By leveraging the core metrics of Trend Area and Quality, it aims to empower traders with the right information to make informed decisions, mitigate FOMO, and maximize profitability.
Core Features:
Three-tiered Time Frame Analysis:
Macro Time Frame: This captures the overarching market movement by analyzing long-term trends. It gives a bird's-eye view of the market's direction and momentum, ideal for position and swing traders.
Normal Time Frame: This is aligned with the current chart time frame. It offers real-time insights for those who trade more frequently, such as day traders or those who base their decisions on hourly or daily charts.
Micro Time Frame: Tailored for scalpers and short-term traders, this captures the minutiae of market fluctuations by focusing on smaller time frames.
Dual-metric Analysis:
Trend Area: This metric delves deep into the market's current trend strength. Whether bullish or bearish, it provides a quantified representation of the trend's vigor and possible continuation. A higher percentage indicates a more pronounced trend, offering traders clarity on potential breakout or reversal scenarios.
Quality: Designed to combat one of the trader's arch-nemeses, FOMO (Fear of Missing Out), this metric evaluates the aptness of entering a trade. A high-quality score signifies a ripe opportunity, suggesting that it's an optimal time to enter the market. Conversely, a low-quality score can act as a warning sign, indicating that the prime entry point might have passed, thus cautioning traders against making hasty decisions.
Tradability Bar: The culmination of the indicator's insights is reflected in the Tradability Bar. This holistic bar synthesizes data from all metrics and time frames to present traders with a singular, easy-to-read percentage. The higher the percentage, the more favorable the market conditions are deemed for trading.
Usage Guidelines:
For optimal results, traders are advised to:
Use the Tradability Bar as an initial reference point. A high percentage suggests promising trading conditions.
Dive deeper by analyzing individual metrics (Trend Area & Quality) and respective time frames to validate or refine their trading strategies.
Always consider external market news, events, and other technical analysis tools in conjunction with this indicator for a more rounded decision-making process.
Conclusion:
The New Tradability Indicator for TradingView stands as a beacon for traders navigating the tumultuous seas of the financial markets. By distilling complex market dynamics into actionable insights, it seeks to be an indispensable ally in a trader's journey towards consistent profitability. Whether you're a seasoned trader or just starting out, this tool is tailored to provide clarity, confidence, and a competitive edge in the trading arena. Welcome to the future of informed trading.
Old Tradability by Kiersten & HajiIntroduction:
The "Old Tradability" is a meticulously crafted indicator designed exclusively for TradingView users. It brings together the power of various well-respected indicators, offering traders a comprehensive tool to gauge market conditions and make informed decisions. Whether you're a novice trader looking for a reliable indicator or a seasoned professional seeking to add another layer to your analytical toolbox, Old Tradability is tailored to provide actionable insights.
Core Features:
Dual Level Analysis:
Long-Term Trend Analysis: At its core, Old Tradability emphasizes the identification of prevailing long-term market trends. To achieve this, it leverages the capabilities of some of the most recognized indicators in the trading world, such as:
MACD (Moving Average Convergence Divergence): Known for its reliability in spotting trend changes and momentum.
MFI (Money Flow Index): A valuable tool to evaluate the flow of money into and out of an asset, often used to predict overbought or oversold conditions.
Heikin Ashi: A unique form of candlestick charting that filters market noise, helping traders understand the market sentiment and trend direction more clearly.
Short-Term Analysis Using MinMax Normalization: The indicator doesn't stop at just identifying the long-term trend. Recognizing the importance of short-term price movements, Old Tradability applies MinMax Normalization on shorter time frames. This technique adjusts the scale of data, making it easier to spot potential reversals or continuation patterns.
Strategic Trading Recommendations:
The principle is simple yet effective. When the long-term trend is bullish and the short-term analysis places the asset in the bottom 20%, it presents a potential buying opportunity. Conversely, if the long-term trend is bearish and the short-term places the asset in the top 20%, traders might consider it as a selling signal.
Integrated Risk Management Alerts:
One of the standout features of Old Tradability is its built-in risk management system. This feature ensures that traders are not only informed about potential trade setups but also about the inherent risks associated.
The system sends out timely alerts for what it deems as "perfect setups," allowing traders to act swiftly and decisively. This minimizes the chance of missing out on lucrative trades while also providing an extra layer of security by notifying users about unfavorable conditions.
Conclusion:
The Old Tradability Indicator is more than just a tool; it's a comprehensive trading companion. Its dual-level analysis ensures that traders have a holistic view of the market, while its integrated risk management alerts keep them one step ahead. If you're looking for a dependable, detailed, and actionable indicator on TradingView, Old Tradability might just be the perfect addition to your trading strategy. Happy trading!
Pivot Support & Resistance [DeltaAlgo]Pivot Support & Resistance Indicator - DeltaAlgo
Concept:
The "Pivot Support & Resistance" indicator is designed to help traders identify and visualize key support and resistance levels based on pivot points. It calculates and plots lines representing these levels on a price chart. This indicator's concept is rooted in the idea that pivot points can act as significant price reference points, which can be instrumental in making trading decisions.
Settings:
Pivot Period: Users can customize the period for calculating pivot points. This period determines how many bars are considered when calculating support and resistance levels.
Maximum Lines: The indicator allows traders to set a maximum number of support and resistance lines that will be displayed. When the maximum is reached, older lines are removed to keep the chart uncluttered.
Line Colors and Width: Users can choose the colors and width for both the support and resistance lines to tailor the indicator's appearance to their preferences.
Use Case:
The "Pivot Support & Resistance" indicator is beneficial for traders who employ pivot points in their technical analysis and trading strategies. It aids in identifying potential reversal and breakout levels, which can inform trading decisions. Traders can use this indicator to:
Identify key price levels: The indicator highlights significant support and resistance levels based on pivot points.
Plan entries and exits: Traders can incorporate these levels into their trading strategies to make more informed decisions about when to enter or exit trades.
Manage risk: Knowing where support and resistance levels are can help traders set stop-loss and take-profit orders more effectively.
This indicator simplifies the process of identifying and visualizing pivot-based support and resistance levels, making it a valuable tool for traders who rely on these levels in their technical analysis. It helps streamline the decision-making process and enhances overall trading effectiveness.
BB Support & ResistanceChoosing support and resistance can be time consuming and subjective. Personally, I don't want to spend too much time manually marking up charts. Credit to video I saw, forget the producer, that demonstrated how multi-time frame Bollinger Bands can act as support and resistance. I suggest reading up on Bollinger Bands (en.wikipedia.org) and how to trade them. This indicator draws support and resistance lines based on Bollinger Bands on three time frames. You can select 1 or all three time frames to display on your chart. Enjoy.
Multi Timeframe Supply & Demand ZonesIntroduction
Hello fellow traders and coders, I’d like to introduce the multi time-frame supply and demand indicator that you’ve been looking for, its a dynamic script encompassing a lot of features however it is merely a tool to be used in conjunction with your own market analysis.
Features
A maximum of 2 time-frames that can be customized independently.
The ability to change individual swing lengths that create the supply and demand boxes, all time-frames will come set at 7, you can however set this to whatever you are comfortable with.
Supply and demand functionality for both time-frames.
The ability to either use (highs and lows) or closes for mitigation of supply and demand zones, meaning that if set to close the zones will be mitigated if a close is above the top for supply and bottom from demand, the same will apply when the high and low flag is used.
The ability to customize box colors, border type, border width and text size.
The ability to prevent lower time frame structure from showing on higher time frames which I don’t advice as it will provide you with an inaccurate perception of the lower time frame structure hence I’ve made the feature available but set it to false.
The script also has a section called general settings that will allow you to hide all the supply and demand zones on the chart.
The ability to choose the number of supply or demand zones to display per time-frame.
General Settings Functionality.
Input 1 allows you to hide all the demand zones on the chart.
Input 2 allows you to hide all the supply zones on the chart.
Input 3 if false will show lower time frame structure on a higher time frame. Default is true to prevent inaccurate results on higher time-frames.
Multiple Vertical LinesThis script allows you to have multiple vertical lines on your chart (for seeing how price action performs around certain times of interest to you.
You can adjust the code to add new lines or colours as you wish (or comment out any that are there if they don't suit you.
There is also a shaded area, so you can use that for delineating an amount of time.
The indicator is currently set to New York time, but you can adjust this to suit you.
Forex Pip MakerIntroducing Forex Pip Maker: A trend detection/riding tool
Let me introduce you to "Forex Pip Maker," a tool that is used for any kind of market condition.
Seize Opportunities with Instant Alerts
In Forex, timing is crucial. Forex Pip Maker comes with an alert system that keeps you updated on potential trading chances with it's real-time alerts.
Navigate Tricky Sideways Markets with Ease
Ever been puzzled by those times when the market seems stuck, making it tough to decide your next move? That's where Forex Pip Maker excels. It's great at spotting and guiding you through these tricky sideways market situations. It does this by keeping an eye on changes in market volatility, ensuring you stay one step ahead.
Simplicity Meets Precision with Color Codes
Trading can be complex, but Forex Pip Maker simplifies it. It employs a color-coded system, making it easy to understand market signals. Green means one thing, red means another – it's that straightforward. You'll be able to make well-informed decisions effortlessly.
Make Confident Choices with the Buy/Sell Dashboard
When decision time arrives, rely on the Buy/Sell dashboard. It provides all the information you need to make smart choices. No more second-guessing – you'll have a crystal-clear view of your options.
See the Bigger Picture with Longer Timeframes
Forex Pip Maker doesn't just focus on short-term trends. It also examines data from longer timeframes, giving you a broader perspective for even wiser decision-making.
Whether you're a novice or a trading expert, Forex Pip Maker is a great addition to any trading setup.
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INPUTS
TimeFrame: This is the time frame which the Forex Pip Maker will calculate the time frame for. By default, it will be the current chart which you've selected, you can however change this to any time frame and display it on any time frame chart which you use. For example, if you want signals for the H1 time frame while you are on the M15 time frame, you can set this to H1 and you'll see the H1 scenerio. It is recommended to leave this the default because the next setting is more important.
TimeFrame: This is the time frame which the Forex Pip Maker will calculate the time frame for. By default, it will be the current chart which you've selected, you can however change this to any time frame and display it on any time frame chart which you use. For example, if you want signals for the H1 time frame while you are on the M15 time frame, you can set this to H1 and you'll see the H1 scenerio. It is recommended to leave this the default because the next setting is more important.
TimeFrameConfirmation: This is the time frame where it will help filter out most of the false moves on your current chart. With this, you will only receive signals in the direction of the trend on this time frame which should always be set to a higher time frame than the one you are trading on. The higher the time frame, the more accuracy you'll have but the fewer signals you will have(which is normal).
TimeFrame: This is the time frame which the Forex Pip Maker will calculate the time frame for. By default, it will be the current chart which you've selected, you can however change this to any time frame and display it on any time frame chart which you use. For example, if you want signals for the H1 time frame while you are on the M15 time frame, you can set this to H1 and you'll see the H1 scenerio. It is recommended to leave this the default because the next setting is more important.
Periud
Input Setting: When using this indicator, traders and users can set a value called "Periud." It's like telling the indicator how far back in time to look. This helps you decide how many past price points or time periods the indicator should pay attention to.
Calculation: Inside the script, this "Period" value is used to do some math. It helps figure out which historical data should be used to make the indicator's predictions.
Effect on Indicator: The "Period" you choose can change how the indicator acts. If you pick a short "Period," the indicator quickly responds to recent price changes. But if you choose a longer "Period," it smooths out its predictions by considering a broader history of prices.
Customization: Traders can tweak the "Period" to match their own trading style. Short "Periods" are great for looking at short-term trends, while longer "Periods" are better for spotting long-term trends. It's all about making the indicator work the way you want it to.
Speed
The 'Speed' setting is like a speed control knob. Traders and users can adjust it to make the indicator react to price changes either quickly or slowly. If you turn the 'Speed' up, the indicator becomes faster and responds to short-term price moves. But if you turn it down, the indicator moves more slowly and focuses on longer-term trends. This way, traders can make the indicator work the way they want it to, whether they prefer quick responses with higher 'Speed' or smoother, longer-term views with lower 'Speed'.
Price
The "Price" option is a handy setting. It lets users pick which part of the price data to focus on when using the indicator. You can choose from different options like "Close," "Open," "High," "Low," "HLC3," "HLC2," and "OLC4." Each choice represents a different aspect of the price movement. For instance, "OLC4" considers Open, Low, Close, and High prices together. This customization is great because it means traders can make the indicator work just the way they want it to. Whether you're into short-term or long-term trading, there's a "Price" option to fit your strategy.
Shift
When utilizing the indicator, traders can input a "Shift" value, which determines how many bars or candlesticks the indicator's data is shifted. A positive shift takes the analysis back in time, providing insights into past market conditions, while a negative shift shifts the focus forward, potentially offering glimpses of potential future market scenarios. This customization of the "Shift" setting provides traders with a valuable means to explore historical data and consider potential future developments in their analysis.
ShowHisto
The "ShowHisto" option is like a toolbox for tweaking how you see the indicator's histogram on the chart. It's all about personalizing your view. You've got choices like "Hide Histogram" for a cleaner chart, "More or Less" for judging how much prices are changing, and others like "One Close," "Double Close," "High/Low range," and "High/Low trend," each giving a different take on price movements. It's your way of fine-tuning the chart to match your analysis style. Whether you're into spotting trends, measuring volatility, or watching price ranges, "ShowHisto" helps you tailor the chart to your liking without any extra fuss.
ShowMA
The "ShowMA" parameter serves as a crucial tool for configuring the display of a specific type of moving average on the chart. It offers a range of options to tailor the appearance of the moving average, allowing users to select the most suitable representation for their analytical needs. The available choices include "Hide Moving Average" to remove it from view, "as Dots" to present it as discrete data points, and "as Line" to display it as a continuous, smoothed line. "ShowMA" grants users the flexibility to fine-tune the visual presentation of the moving average, enabling them to align it with their chart aesthetics and analytical requirements. Whether the preference is for a minimalist, unobtrusive look or a detailed and comprehensive view, "ShowMA" facilitates precise customization of the moving average's presentation on the chart.
FilterPips
"FilterPips" acts like a precision tool for examining price changes on the chart. It lets you specify a certain number of pips, which represent very small price movements. This number becomes a kind of filter. If you choose a positive value, the script will highlight price movements that are larger than this filter, helping you notice significant shifts. Conversely, if you choose a negative value, it will ignore price drops that are smaller than the filter. Essentially, "FilterPips" allows you to zoom in on the price movements that align with your analysis, providing a clearer focus on the chart.
MinimumPreviousTrendDistance
Traders have the power to decide how far the price needs to move before a new trade signal pops up. It's like setting your own trading rules. If you want a new trade signal, the current price must move a certain distance from the previous trend. You can tweak this distance to control how often you get trade signals. Bigger distances mean fewer signals. It's all about putting you in control and helping you make informed trading choices based on significant price moves.
WhichArrows
Although not a very important setting, you can set a preferred option, such as "More or Less" or "Double Close," and the script will display trade signals based on the chosen condition. This customization ensures that the chart reflects the trader's unique strategy and criteria, making it easier to focus on relevant trade opportunities.
ARROWBAR
ARROWBAR functions as a user-defined reference point, allowing traders to specify how many bars or periods in the past the script should begin searching for trade conditions. This level of customization means that trade signals can be precisely placed on the chart based on a trader's strategy.
ShowBoard
The Forex Pip Maker has a dashboard that displays directly on your chart which displays Buy or Sell when the appropriate time has come. It displays the brokers server time as well as the momentum(trend) of the current market. You can enable or disable this.
BoardColor
Allows you to change the background color of the board as well as the font displays inside.(Only the server and momentum info can be color changed)
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IDEAL PAIRS : Since the Forex Pip Maker's strength is riding trends, the trend-bound pairs are the best to use for trading. There are a few pairs that have had decent trend rides in the recent times and they are mentioned below.(Note that you can use any pair in theory, but these are ideal)
OANDA:AUDUSD
OANDA:USDCAD
OANDA:EURJPY
OANDA:GBPJPY
OANDA:NZDUSD
COINBASE:BTCUSD
Moving averages & clouds
Hi all!
This is a script that lets you have 3 moving averages (of a user defined type) and maybe have an alternative cloud (fill) between them. The cloud can be customized and turned on/off in the "style" tab for the indicator.
Alerts can be configured to fire on up/down/all crosses and are activated when the whole candle has crossed the morning average.
A higher time frame can be configured for the moving averages.
You can hide the moving average, but show the cloud:
You can have multiple clouds:
You can have moving averages from a higher time frame (here from weekly time frame on a daily chart):
Best of trading luck!
Golden Level Predictions v1.0Golden Level Predictions (GLP) Trading Indicator
This script introduces a custom trading indicator named "GLP" tailored for the TradingView platform. It offers various price levels derived from Fibonacci calculations and other mathematical models, assisting traders in pinpointing potential overpriced and discounted price levels.
Key Features:
User Inputs : Users have the flexibility to select their desired timeframe, with options ranging from Weekly, Daily, Monthly, and more. Additionally, they can opt to showcase Fibonacci lines and the associated prices within these levels.
Price Level Calculations :
- Employs constants such as the Golden Ratio (PHI) and Pi (PI) to extract various multipliers and factors.
- Assesses if the current asset is a cryptocurrency and tweaks calculations accordingly.
- Determines overpriced and discounted price levels, drawing from the current open price and past data.
Fibonacci Levels :
- For each overpriced and discounted level, the script computes intermediary Fibonacci levels, including 23.6%, 38.2%, 50%, 61.8%, and 78.6% (the 3rd level is excluded due to plot limitations).
- These levels are illustrated on the chart, granting traders a more detailed view of price targets.
Visual Elements :
- Projects horizontal lines to the subsequent selected indicator interval for every calculated price level.
- Exhibits potential percentage gains or losses at each tier, indicating the prospective price alteration upon reaching that level.
- Differentiates overpriced (green) and discounted (red) levels using color codes. A neutral price is depicted in yellow.
Anticipated Close Calculation : Offers a projected closing price for the current timeframe, based on a myriad of factors.
This indicator is particularly effective with cryptocurrencies due to their inherent volatility. It's also compatible with stocks and is most efficient with tickers that provide volume data.
9-20 sma multi timeframe indicatorThis is an indicator to help visualizing the 9 and the 20 sma on 3 different timeframes.
When they cross, you will see a cross on the band representing the timeframe.
When a trade is favorable the band will color in green for up trend and in red for downtrend:
- Conditions in uptrend: Start after the first green candle closed above the 9 sma, Stop after the first red candle closed under the 9 sma
- Conditions in downtrend: Start after the first red candle closed below the 9 sma, Stop after the first green candle closed above the 9 sma
Rug Pull DetectorOverview
Have you ever wondered why tickers have such erratic movements that seemingly come from nowhere? These "rug pull" events happen quite often and can catch even the most seasoned traders off-guard.
Unlike most other indicators which rely on historical data to make inferences about future price movements, the Rug Pull Detector (RPD) enables you to take a glimpse into market makers' delta-neutral hedging in real-time.
Market makers by nature must be delta-neutral which means that they cannot position themselves to profit from providing liquidity (either long or short). Liquidity provided to the short or long side must end up in a stock purchase or sale to neutralize the trade.
Volatile movements in a ticker's price movement most often result directly after a period of extremely low volatility. These volatile movements are very often "rug pulled" which ends up reverting the ticker back to the price at which the event first occurred. RPD shows these events in real-time. This knowledge can be used to help determine the most probable near-future direction a ticker will gravitate towards after a rug pull event occurs.
Usage
RPD works on any ticker and on any timeframe and can be used as a tool in determining an exit price for a trade. Vertical shading on the chart indicates a warning signal that a rug pull event may be about to kick-off. Once a rug pull event has occurred and is confirmed, a blue label will appear on the chart with a price. A line is then drawn from the bar at which the event occurred and is extended to each subsequent bar until the price is reached once more; thus concluding the event. Furthermore, red or green shading will be present to easily visually identify rug pull events on the chart and whether they are risks to the downside (red) or upside (green). RPD is broken down into 2 main types of events:
Active Event - These events are characterized by a red or green shading and a blue price line.
Dormant Event - These events do not have shading but are still identifiable via a blue price line. Active events that are superseded by newer events will become dormant.
Active events tend to have a higher chance to return to the initial price point and tend to arrive there quicker.
Dormant events have a slightly lower chance to return to the initial price point and may take longer to arrive there.
Please note:
This indicator has no way of telling the exact amount of time that will pass before the ticker returns to the identified price; however, in more cases than not - the ticker will return to that price within a reasonable amount of time relative to the timeframe you are viewing.
There is a small chance any single event will never conclude. These are anomalies and do occur on occasion.
Using RPD alongside tools such as the RSI, Anchored VWAP, or other trend-based indicators will help determine when the ticker's price might be about to pivot and head back towards the identified price point.
Seeing is Believing:
SPY 1D downside rug-pull
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AAPL 15s downside and upside rug-pulls
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AMD 2D downside rug-pull
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VIX 1h downside and upside rug-pulls
Want to see more? Check out my recent Ideas for more examples of the Rug Pull Detector in action.
Disclaimer:
Any information in relation to the Rug Pull Detector does not constitute any financial, investment, or trading advice. Trade or invest at your own risk.
RVI_HTFThe "RVI_HTF" indicator is a tool designed to assist traders in analyzing market trends using the Relative Vigor Index (RVI) across different timeframes. It enables users to customize various aspects of the indicator's appearance and behavior. By monitoring the RVI on different timeframes, tracking its relationship with the moving average, and paying attention to extreme arrows above the 80 or below the 20 line, traders can anticipate potential reversals, trends, or changes in market momentum.
Above 80 Line: When the RVI moves above the 80 line, it suggests that the market may be overbought. Extreme upward arrows (indicating potential sell signals) can be a sign that a bullish trend might be reaching an exhaustion point. Traders may anticipate a possible trend reversal or pullback.
Below 20 Line: When the RVI dips below the 20 line, it implies that the market might be oversold. Extreme downward arrows (indicating potential buy signals) can be an early signal of a potential bullish reversal. Traders may anticipate an upcoming uptrend or bounce.
Crossing Above Moving Average: When the RVI crosses above its moving average on the selected timeframe, it can serve as an early indication of potential bullish strength in the market. This suggests that buying pressure may be increasing.
Crossing Below Moving Average: Conversely, when the RVI crosses below its moving average, it can signal potential bearish momentum. This indicates that selling pressure may be gaining strength.
Variables:
Timeframe (TF) Selection:
The indicator allows you to select the timeframe for the RVI calculation. You can choose from various options such as 1 minute (1), 5 minutes (5), 15 minutes (15), 30 minutes (30), 60 minutes (60), 240 minutes (240), Daily (D), Weekly (W), Monthly (M), or use "Auto" to automatically select a higher timeframe based on your current chart's timeframe.
Moving Average Type (MA_Type):
Function: Allows users to select the type of moving average used in RVI calculations.
Options: You can select from various moving average types, including:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
SMMA (Smoothed Moving Average, also known as RMA)
WMA (Weighted Moving Average)
VWMA (Volume Weighted Moving Average)
DEMA (Double Exponential Moving Average)
Moving Average Length (MA_Length):
Function: Permits users to set the number of periods for the selected moving average type.
Purpose: Controls the sensitivity of the RVI indicator. Longer lengths provide smoother results, while shorter lengths react more quickly to price changes.
Up Arrow Color (upArrowColor):
Function: Enables users to customize the color of arrows that indicate potential Overbought areas. (Only shown when the TF is same as or lower than the chart TF)
Down Arrow Color (downArrowColor):
Function: Allows users to specify the color of downward-pointing arrows signaling potential Oversold areas. (Only shown when the TF is same as or lower than the chart TF)
RVI Up Color (firstColor):
Function: Defines the color of the RVI line when it indicates a bullish condition on the higher timeframe.
RVI Down Color (secondColor):
Function: Specifies the color of the RVI line when it suggests a bearish condition on the higher timeframe.
RVI-Based Moving Average Up Color (firstColorMA):
Function: Customizes the color of the RVI-based moving average line when it indicates a bullish condition.
RVI-Based Moving Average Down Color (secondColorMA):
Function: Defines the color of the RVI-based moving average line when it suggests a bearish condition.
