Dear Traders, Trendlines are the one particular word ever trader would definitely know what it is. But the way it gets applied on to the chart is the one thing which needs to debated on. Traders definitely love to trade Trendline breaks like the way I do. When it comes to Trendlines , we generally categorize them based on the Major Trendline and Minor Trendline,...
This indicator helps you to set your stoploss levels by using ATR. Traders often use atr values in order to calculate their stoploss levels. This indicator does the calculation for you and draw two tiny lines without messing up the chart so that you can easily see your stoploss levels and get an idea about the volatility and risk amount as well. One line is below...
This indicator plots support and resistance lines automatically on the basis of the pivots created by the swings in the market. You can increase the swing sensitivity if you want it to detect only larger swings. There is a range drawn around the support and resistance lines based on the volatility of the market. This works on every timeframe and the lines...
This is the PALindicator - this is where the price action happens, PAL stands for Price Action Lines ---------- What is this indicator showing? - there are 4 lines to work with - red and yellow lines represents bearish levels - blue and green lines represents bullish levels - you can understand this indicator as dynamic support & resistance ...
A guy who automatically draws a horizon from the top of the zigzag *Gray horizon may be repainted The horizon of the characteristic price in the past reacts well, so it is used for contrarian ジグザクの頂点から、自動で水平線を引く奴です ※灰色の水平線はリペイントする可能性があります 過去の特徴的な価格の水平線はよく反応するので、逆張りするとかが用途です
Volume Profile (also known as Price by Volume) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels. The histogram is used by traders to predict areas of support and...
OI Profile Pro SpaceManBTC The indicator provides a way to show the Open Interest Delta in relation to the price this occurs, the increase and decrease will be reflected in the profile in a realtime display of the market providing trader insight as to what is occuring. Users are granted options such as HVN - Auto detects areas of High Open Interest ...
This indicator marks the first hour's high and low with a line with the percentage of range height. First hour high and low generally act as heavy support and resistance or say major key areas in daily intraday charts. You can adjust the settings if you want to see previous days' hour range lines or not. This indicator will automatically create hour-range lines...
Round number Swing Trading System: Setup part 1: Set Near Round Number And Specific Gap in indicator input session Setup part 2: What is the direction of the trend? Use Dow Theory, moving averages or your preferred technical analysis to determine the trend. Only trade with the trend. Setup part 3: Wait for the price to swing in the direction of the...
Open Interest Profile SpaceManBTC This is an indicator that will provide users with a way to see the open interest changes at price points, reflecting the increase in OI or decrease in OI automatically to the associated with a visual display similar to those of a footprint profile. Users can select their margin to be be coin demonimanated or Tether. Using Auto...
5year breakeven inflation rate fitted for log BTC chart as Support and Resistance
This script is the open version of my existing invite-only script of the same name and has been opened for access to the community to use, but not modify or clone in any way. This has been done as the invite-only script cannot be changed back to a public script and vice-versa, keeping in line with Tradingview House Rules. The code is based on a full strategy that...
This indicator can be shown by the number of bars with consecutive higher closing prices over a period of time. The maximum value is equal to the period. The default period value is 12. Thresholds used with this period are 3, 6, and 9. A drop below 3 suggests an approaching low, and a crossover above 9 warns about an upcoming top. In this period, 6 is a neutral...
Japanese below / 日本語説明は下記 This indicator displays previous N days/weeks/months’ highs and lows simultaneously. N is user input and users can separately input different N for highs and lows. For instance, if you would like to show past 20days high and 10days low, you specify 20 for high and 10 for low. Similar to highs and lows of yesterday, last week and...
FTT Classic v7.5.5 HOW Does it work ? It is the classic version of Fishing The Trend-Setup for ease of trading & for getting the most from the market. i.e. Combining the most useful indicators and making a whole setup under one roof... FTT Classic comprises of following -- * IntraDay Range. * Fishing The Trend. * Custom VWAP. * Baseband for Trend. *...
Concept of Supply and Demand Zones The concept of supply and demand zones is confusing to some traders. And most tend to believe it's not a concrete concept to be relied upon as they don't exactly know where to draw the lines precisely that best represents the supply and demand zones. A demand zone is where most traders placing their buy order based on the...
This script draws the range from Monday high to low (HL) for every week. Or alternatively, from Monday open to close (OC). It also has the option to toggle a line that tracks the HL mid-range for the previous 14 days (by default, but configurable from a min of 5 to a max of 60).
Retracement refers to price reversal after reaching a recent high or low, finding an area of support or resistance, and then continuing in the direction of the bigger picture trend. The concept of 50% retracement is based on the work of W.D. Gann. Gann was born in 1878 in Texas. Over his trading career, it's been stated he was one of the most successful traders...