The VWAP Range indicator is a highly versatile and innovative tool designed with trading signals for trading the supply and demand within consolidation ranges. What's a VWAP? A VWAP (Volume Weighted Average Price) represents an equilibrium point in the market, balancing supply and demand over a specified period. Unlike simple moving averages, VWAP gives more...
DESCRIPTION A grid bot is an automated trading bot that is designed to execute buy and sell orders based on a pre-defined grid of prices. Grid bots operate within a specified price range, placing trades at set intervals above and below the current market price. The key idea behind a grid bot is to take advantage of price fluctuations and market volatility. The...
Introduction: Fractal Consolidations Pro+ pushes the boundaries of Algorithmic Price Delivery Analysis. Tailored for traders seeking precision and efficiency to unlock hidden insights, this tool empowers you to dissect market Consolidations on your terms, live, in all asset classes. What is a Fractal Consolidation? Consolidations occur when price is trading in...
The "Monday Range" Pine Script indicator calculates and displays the lowest and highest prices during a specified trading session, focusing on Mondays. Users can configure the trading session parameters, such as start and end times and time zone. The indicator visually highlights the session range on the chart by plotting the session low and high prices and...
- The script calculates the high and low ranges based on the specified session time, such as the Asia Liquidity session. - It uses the timeinrange function to determine if the current bar is within the specified session. - High and low values are updated based on whether the current high or low surpasses the previous values within the specified session. - The...
The 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,...
Expected Moves The Expected Move of a security shows the amount that a stock is expected to rise or fall from its current market price based on its level of volatility or implied volatility. The expected move of a stock is usually measured with standard deviations. An Expected Move Range of 1 SD shows that price will be near the 1 SD range 68% of the time...
PhantomFlow RangeDetector analyzes the current price action of the market and draws ranges depending on the minimum number of bars in the zone of one candle you specify. Each range is colored depending on the closing direction of the candle outside this range. Accordingly, in trend trading, it is advisable to look for long trades from the green zones, and short...
The Range Detector indicator aims to detect and highlight intervals where prices are ranging. The extremities of the ranges are highlighted in real-time, with breakouts being indicated by the color changes of the extremities. 🔶 USAGE Ranging prices are defined by a period of stationarity, that is where prices move within a specific range. Detecting...
The Volumetric Toolkit is a complete and comprehensive set of tools that display price action-related analysis methods from volume data. A total of 4 features are included within the toolkit. Symbols that do not include volume data will not be supported by the script. 🔶 USAGE The volumetric toolkit puts a heavy focus on price action, returning...
SuperTrend is one of the most common ATR based trailing stop indicators. The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. In this version you can change the ATR calculation method from the settings. Default method is RMA, when the...
The Range Breakout Signals (Intrabar) is a novel indicator highlighting trending/ranging intrabar candles and providing signals when the price breaks the extremities of a ranging intrabar candles. 🔶 USAGE The indicator highlights candles with trending intrabar prices, with uptrending candles being highlighted in green, and down-trending candles being...
Buying near the bottom and selling near the peak can be a challenging trading approach. However, it all begins with the ability to identify these essential zones. This indicator is targeting support and resistance with heightened accuracy. It utilizes features like: I. Multi-Level Weighting for Enhanced Support and Resistance Zones II. Vertical Zone Range...
The "Fibonacci Ranges" indicator combines Fibonacci ratio-derived ranges (channels), together with a Fibonacci pattern of the latest swing high/low. 🔶 USAGE The indicator draws real-time ranges based on Fibonacci ratios as well as retracements. Breakouts from a Fibonacci Channel are also indicated by labels, indicating a potential reversal. Each...
blackOrb's Aspiration: Enhancing the Functionality of Area Charts At its core, an area chart analysis serves as the foundational structure for blackOrb Price. Area charts can be seen as an addition to conventional price charts. Unlike price line charts, which connect closing prices with lines, an area chart fills the space between high and low prices, creating a...
OVERVIEW: An indicator that automatically draws a range and generates signals according to changing market conditions. ( This indicator does not REPAINT ) ALGORITHM OF THE INDICATOR: > When we examine the price, it generally moves in trend only 30 percent of the time and in consolidation 70 percent of the time. > While the price is consolidating, it...
📜 ––––HISTORY & CREDITS–––– This Pine Script Utility indicator, titled " Closing Range Indicator," is designed and developed by TintinTrading but inspired by the teaching of Investor's Business Daily (IBD) and William O'Neil. It aims to help traders identify the closing range of a given timeframe, either daily or weekly. 🦄 –––UNIQUENESS––– The unique feature...
💎 Overview Voodoo Levels are a model for defining price action within defined ranges and their associated expansion levels. Levels detect volatility over a static timeframe and its associated expansion zone based off Fibonacci sequencing. This offers the user static levels at the opening price of the chosen timeframe. Paired with price action strategies, dynamic...