Hello Traders, I would like to introduce you pivot semaphore mtf support&resistance levels. The idea is the same as my other S/R scripts to have a look at the important levels. The Semaphore is used to spot future multi-level Supports and Resistance zones. It is also useful to spot HL or LL or HH or LH zones. The script is based on amazing work of @LucF so...
This all-in-one indicator displays real-time market structure (internal & swing BOS / CHoCH), order blocks, premium & discount zones, equal highs & lows, and much more...allowing traders to automatically mark up their charts with widely used price action methodologies. Following the release of our Fair Value Gap script, we received numerous requests from our...
ZigZag for Trend and Retracements - New way It's another way to plot ZigZag based on lookback period for trend and % of trend lookback period to plot retracements. █ OVERVIEW Plot ZigZag, Trend lines, Retracements, Support levels, Resistance levels █ Objective: Draw ZigZag lines along with unbroken support and resistance levels. ZigZag lines are drawn...
With this indicator, we try to catch the trends in price. With continued use of this indicator, we expect it to eventually escape horizontal positions and catch up with continuous trends. Combined with the WilliamsR indicator and the exponential moving average indicator. The WilliamsR Fisher Transforms are combined with the ATR indicator to create a line...
Hello fellow tradeurs, I couldn't find one similar on TV so wanted to make it.. Took me a little while to figure some things out as I am in new coding territory with this script. I had a hard time finding ways to make only a partial zone/box disappear if price only crossed part of it. Nonetheless, I figured it out so I hope you enjoy the outcome. Now, allow me to...
The TradingWolf Premium Smart Money Concept is a unique and enhanced selection of ideas designed to help give you an edge on the markets. Within this one indicator you will have access to Fair Value Gap, Order Blocks, Break of Structure, Forecasting, Supply & Demand. Below find each explanations on how to use each indicator This script comes with the...
The most overlooked indicator in trading. Average daily range shows you how far the price will move today if moved as on average. It's a great tool to calculate take profits to close within the same day.
The most overlooked but powerful indicator makes you see the markets for what they are. You will see how much the markets move on average per day. This is fantastic info if you are an intraday trader and want to set your take profit within the average range, so you have as high a probability as possible of reaching your take profit today. You can also trade...
Marubozu: This code is written to identify the Marubozu candles in three different timeframe (30, 45, 60) - and there is an option given to the user for modifying the timeframe according to their wish. Step to work with this script: 1. The three timeframe will work like this, If you select in chart 15mins - the three levels that you can select are 30, 45, 60,...
█ Multi Timeframe Moving Average Ribbon and Bands + Bollinger Bands, Gaussian Filter and Rolling Volume Weighted Average Price with Standard Deviation Bands Up to 9 moving averages can be independently applied. The length , type and timeframe of each moving average are configurable . The lines, colors and background fill are customizable too. This...
Another ZigZag, yes... I believe though this concerns another angle/principle, therefore I wanted to share How does it work? Given: source for level breach -> close X breaches -> 3 Let's say this is the latest found 'lower low' (LL - blue dot under bar): This bar has been triggered because 3 bars closed under low...
👑 Automatic Fibonacci Retracement on Specific Timeframes + Golden Ratio | by Octopu$ Fibonacci Retracement is a method of technical analysis for determining support and resistance levels. It is named after the famous Fibonacci sequence of numbers: 23.6%, 38.2%, 61.8%, and 78.6% These ratios provide price levels to which markets tend to retrace a portion of a...
█ This indicator shows an automatic Fibonacci retracement levels. This indicator is designed based on highs, lows, and trend interpretation to orientate the fibonacci retracement in the good direction. Fibonacci analysis uses a logical sequence of numbers to predict trends and price action. █ Usages: The Fibonacci retracement is used to identify hidden support...
🌊 Donchian Channels with Middle Line, Limits and Shadows | by Octopu$ Donchian Channels are three lines generated by Moving Average calculations. These lines formed by upper and lower bands around a midrange or median band. The Upper Band marks the Highest price of a security over X periods of time. While the Lower Band marks the Lowest price over the same...
Trend visualization tool in Wave theory. Unlike Elliot waves, it has a constant pattern length. The formation consists of impulse and 3 corrections. The script analyzes candle relationships in the currect trend, trend will be continueted until candle are not breaking trend rules. Currently it supports 2 rulesets/wave variants: Low - More sensitive (trend will...
This indicator is based on "Ichimoku" with additional and useful features. It is designed to complement B4Signals Ichimoku as an add-on. FEATURES The indicator is mainly divided into 5 parts: * Future Tenkan-sen, Kijun-sen & Kumo Lines: Tenkan-sen next 5 days projection, Kijun-sen next 10 days, Senko Span A next 5 days and Senko Span B next 14 days will be...
This is a multiple multi-timeframe version of famous supertrernd only with Heikin Ashi as source. Atr which stands in the heart of supertrend is calculated based on heikin-ashi bars which omits a great deal of noises. with 6 multiplication of the supertrend, its simply much easier to spot trend direction or use it as trailing stop with several levels available....
Ywaves identifies areas of extreme volatility that are out of the ordinary and highlights them for the trader. These areas are de facto areas of great interest for the market and therefore areas to monitor and work on. Thanks to a smoothing formula, it eliminates false positives that are sometimes too frequent and inconsistent. This script uniquness reside in the...