I'm going to introduce you to the Take Profit Screener tool. It allows you to manually scan your watchlist to determine at a glance the assets that have the best profitability potential. It is a 2 in 1 tool that allows you to : identify where your Take Profit ratios are located whether you are in SHAD or Cycle Strategy identify the potential reward...
█ OVERVIEW -Following many people's request to add "Volume" mode again in my "Institutional OrderBlock Pressure" script. I decided to release an improved and full-fledged script. This will be the last OB/Retracement script I will release as we have explored every possible way to find them. █ HOW TO INTERPRET? -The script uses the the 0.5 Pivot and the...
This indicator was intended as educational purpose only for AB=CD Patterns. AB=CD Patterns were explained and modernized starting from The Harmonic Trader and Harmonic Trading: Volume One until Volume Three written by Scott M Carney. Indikator ini bertujuan sebagai pendidikan sahaja untuk AB=CD Pattern. AB=CD Patterns telah diterangkan dan dimodenkan bermula dari...
This table indicator was intended as educational purpose only for Harmonic Trading Ratios. The ratios are used for Harmonic AB=CD and XAB=CD. Ratio calculation are shown for Retracement and Projection based Primary, Primary Derived, Secondary Derived and Secondary Derived Extreme. Primary Retracement : 0.618 Primary Projection : 1.618 Please take note that...
EMA Price Distance, EMAPD for short, is a trend following indicator that can help you predict how price is going to move, in respect to your EMA. It can give overbought and oversold signals, as well as ranging market and retracement signals. The indicator consists of three parts, the Difference Line, the Average Line, and the Histograms. - The blue line is...
This indicator shows three types of support and resistance lines: Horizontal, Parallel (using linear regression) and Fibonacci Retracement. Lines can be adjusted or turned on and off in settings. A great tool for setting up entries, exits and locating pivot points.
Simple & easy auto-fib levels. Took the out-of-the-box version provided by TradingView and added Logarithmic support and a nicer palette, and made the controls a bit nicer to use (in my opinion lol). Enjoy.
The Indicator displays 3 different Auto Fibonacci Retracements with top, bottom, the 0.618 and 0.382 levels. Also it displays 3 Moving Averages with the same length as the AutoFibos. If the MA over the 0.618 level it colors itself yellow, if between 0.618 ans 0.382 white and under 0.382 blue. The green lines are the top of the AutoFibos, red lines the bottom, blue...
The retracement tracker function(s) in this script outline how to: Track conditions using "toggle" booleans. Use multiple coinciding conditions to trigger an event just once. What is a retracement? "Retracements are temporary price reversals that take place within a larger trend. The key here is that these price reversals are temporary and do not...
The indicator is based on W. D. Gann's method of retracement studies. Gann looked at stock retracement action in terms of Halves (1/2), Thirds (1/3, 2/3), Fifths (1/5, 2/5, 3/5, and 4/5) and more importantly the Eighths (1/8, 2/8, 3/8, 4/8, 5/8, 6/8, and 7/8). Needless to say, {2, 3, 5, 8} are the only Fibonacci numbers between 1 to 10. These ratios can easily be...
Tradespot - S&R Suite No configuration needed, works out the box Dynamically created S&R lines & zones based on ongoing price action Dynamically created fibonnaci retracement lines to create your trading range Completely open to building a core trading strategy upon Want to know more or have questions? Come join the Tradespot community, or send me a...
- Based on Coach AK formula of determining collection area of retracement stock. - If price below collection area, collect in tranches.
Trend Stability (Expo) is a multifunctional trend trading tool that identifies all aspects of trend trading. The indicator helps traders to stay on the right side of the market, identify retracements, reversals, and trend strength. In addition to that, we have added momentum - moves for traders that want to do trend scalping. The candle coloring displays the...
This is a new indicator that uses Murrey Math formulas to find the tops and bottoms, then uses those tops and bottoms to draw long-term fibonacci retracement levels. The genius of Murrey was his geometric formulas to calculate the right place to start plotting the lines, but I think the fibonacci ratios typically seem more accurate than the MM line ratios. So in...
Murrey Math Lines are support and resistance lines based on geometric mathematical formulas developed by T. H. Murrey. MM lines are a derivation of the observations of W.D. Gann. Murrey's geometry facilitate the use of Gann's theories in a somewhat easier application. According to Gann's theory, price tends to trend and retrace in 1/8th intervals. The most...
Magnetic Zones v1.1 Beta This is one of the most powerful and effective indicator which I personally use for Intraday. It works well for trending stocks and trending days. What are the Zones? The zones are basically Retracement and Reversal Zones. The price will take a halt at this zones. So it will be easy to take an entry. How to use? Labels: ...
This script draws a High-To-Low or Low-To-High Fibonacci Retrace over the chart, based on which of those two happens in the given time period (Default is 144 Candles). Updates from older versions: - Paints 0.5, 0.618, 0.65 and spaces in between, giving good hindsight to the trend, and ideas of where strong support/resistance may lie. - Silver Paint Strip = 0.50...
This script is based on the Gann's 50% Retracement rule. First, the ATH (All Time High) and ATL (All Time Low) are calculated; then, the 50% retracement level is found. With this 50% level, we'll calculate the maximum price entry to keep a ROI which is set in the parameters. For exemple, I only want to buy assets which can make a x16 before the 50% retracement...