Smart Money Concept is being used to understand the Market Structure, Demand/Supply, and Risk Management. - Lines represent BoS and CHoCH. - X-cross and Diamond shapes represent Peak and Trough. - Numbers represent the Spread Percentages.
Here I am introducing "Reductionism dot chart", which takes away those distracting "candles", and also remain the most of data (4 dots) for each index on the chart. For someone who don't relies on candles to their decision. Usually candles are redundant to them. Most often less is more, in terms of representing the thing that is not related to your model. Enjoy :)
As a colorblind trader, I think accessibility is a big deal. This script auto detects the chart background color and optimizes text color based on luminance. Luminance detection is based on pine script new chart.bg_color feature, allowing lines, tables, etc to be optimized. Thanks to TV team for releasing this in the latest update/blog post today! This makes it...
Fractal Potential Entry combine 3 ema and fractal and follow the strategy from Trade Pro on YouTube: www.youtube.com with good performance on the 1 minute chart Feature: Alert Sell and buy Potential Entry Happy Trading
This indicator is based on volume and ma. This will help you to detect higher volume on chart. You can create alert to stay updated. I am using Fibonacci golden ratio to multiply the current volume. My logic is if volume comes greater than factor of Fibonacci number and current volume then consider it as a insider entry.
This indicator visualizes in a straight forward way the distance price is away from the mean in absolute standard deviations (Z-score) over a certain lookback period (can be configured). Additionally I've included a moving average of the distance, the MA type can be configured in the settings. Personally using this indicator for some of my algo mean reversion...
This indicator plots gann levels. Go to settings and enter the latest gann level. Enjoy..
I've based the script on my MACDs/r indicator. I think it works better on higher timeframes, this is just an experiment, please feel free to modify it. I have been testing it with parabolic SARS to know when to exit the trades. Exit condition: if I'm in a log position and the price is below the last bearish parabolic SARS dot I exit the trade and the opposite...
BETA VS. of Windicator Pro -Scalper edition ------------- Goodluck and invest wisely
Plots open lines and custom label based on a time provided Can plot upto 3 lines with labels Settings includes: 1. Show Line - Hour - Minute - Label Text - Line and Label Color 2. Max lines, Width, Size
Average Day Range (ADR) is an indicator that calculates the average range of high to low of the candles for a set period of time. This is more useful for intraday trading, where, on an average day, you'd expect price to trade in a range similar to the ADR. This indicator also includes an Intraday Day Range (IDR), which can be used to track progress of the intraday...
Hello everyone, This indicator uses MACD and RSI, to show buy and sell signals. Signal Features: Buy Signal: Chart gives a buy signal when the MACD crosses above. Sell Signal: Chart gives a sell signal when the MACD crosses down. Strong Buy Signal: Chart gives a strong buy signal when the MACD and RSI cross above. Storng Sell Signal: Chart gives a...
This is a redesign of the Chandelier Exit indicator. It removes stupid transitions between Chandelier Exit' states and highlights initial points for both lines. This indicator was originally developed by Charles Le Beau and popularized by Dr . Alexander Elder in his book "Come Into My Trading Room: A Complete Guide to Trading" (2002). In short, this is a trailing...
Indicator showing potential momentum divergences on RSI Momentum. The problem with the classic divergence is that when the signal appears, it is sometimes too late to enter a trade. The potential divergence corrects this problem by signaling the beginning of a potential divergence. RSI is a momentum indicator that offers relevant insights with...
Indicator showing potential momentum divergences on MACD Momentum. The problem with the classic divergence is that when the signal appears, it is sometimes too late to enter a trade . The potential divergence corrects this problem by signaling the beginning of a potential divergence . MACD is a momentum indicator that offers relevant insights with...
Indicator showing potential momentum divergences on Moving Average's Slope. The problem with the classic divergence is that when the signal appears, it is sometimes too late to enter a trade . The potential divergence corrects this problem by signaling the beginning of a potential divergence . Moving average slope is a momentum indicator that offers relevant...