🔵 Introduction The Cypher Pattern is one of the most accurate and advanced harmonic patterns, introduced by Darren Oglesbee. The Cypher pattern, utilizing Fibonacci ratios and geometric price analysis, helps traders identify price reversal points with high precision. This pattern consists of five key points (X, A, B, C, and D), each playing an important role in...
Draw a red line starting from the open at 9:30 Show dotted lines between 11 and 12 and shade it Mark the ORB high and low from 9:30 to 10:00 and extend it in orange and shade it In trading, time and price are two crucial elements that help traders make decisions about buying and selling assets like stocks, commodities, or currencies. Forex or futures traders...
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...
Introducing the "Golden Zone" indicator, a powerful tool that simplifies the Fibonacci indicator by creating a clear Golden Zone to identify potential future price movements. The Golden Zone is a supply or demand zone that corresponds to the 61.8% and 50% Fibonacci retracement levels. These levels are important because they often mark zones where the price reacts,...
This script is our version of the "Fair Value Gap". A Fair Value Gap is nothing more than a series of 3 candles with a gap between a candle high/low and a candle high/low two candles prior. For example: A Gap Up - the Low of a candle is higher than the High of two candles back. A Gap Down - the High of a candle is lower than the Low of two candles...
How is this different? After reviewing a handful of session zone based indicators I decided to create this one not seeing exactly what I wanted, even this one only comes partially to my goals. This indicator will add session coloring on the chart in a vertical orientation, up to five sessions currently can be utilized. Timezones can be supplied that are...
█ OVERVIEW This indicator show lines of OHLC which can be commonly used as support and resistance zones. OHLC can be shown table with candlestick visual. Color of candlestick depends on direction of bullish / bearish of the chosen candlestick. █ INSPIRATION Inspired by design, code and usage of CAGR . Basic usage of custom range / interactive, pretty much...
The Alertion indicator! impactful pattern: pattern that happen near the zone or in the zone at lower timeframe and give us entry and stop limit price. It is helpful for price action traders and those who want to decrease their risk. There are 3 IP patterns: Quasimodo Head and shoulder whipsaw engulfing These patterns may occur near the zone or...
The concepts of trading level support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis. Support is a price level where a downtrend can be expected to pause due to a concentration of demand or buying interest. As the price of assets or securities drops, demand for the shares increases, thus forming the support line....
ICT Killzone Sessions Boxes & Deviations is a convenience indicator that marks out past and future ICT killzones for Asia, London, and New York, London Close and CBDR. The boxes highlights the highest and lowest candle opens of that session/killzone, which is what the deviations are based on. Two lines mark out the highest high and lowest low of that session....
Fractal Level Zones - Break / Test / Raid An experimental script that marks out the last two unbroken fractal high and low zones. The aim of the script is to focus on the type of candles that form and close in a zone. They can either tap into the zone or break them. There are a number of outcomes: - Break - Break and retest - Reversal - Raid When a...
DONCHIAN FIBONACCI MODD VERSION This indicator is based on a Donchian Channel with Fibonacci zones based on high and lows of certain period . As one can see it clearly identifies the trend and it only turns aqua when its above a spefic fib level and turns red when below specfic fib level , this help traders by not talking long or short position while its in no...
Change of Character (CHOCH) - Market Structure Break (MSB) for Supply & Demand Description The script is designed as a confirmation entry tool to be used with supply and demand zones (predefined proximal and distal levels). When price hits a predefined level it will monitor price action using fractals and an algorithm to determine a potential reversal in...
opening range reversal zones with fibo .50, .618, .786, 1 levels opening range time can set as you like, 15M, 30M etc entry at .50 and .618 levels with stop loss .786 and 1 levels. do backtest and practice.. idea from author colejustice
This simple script indicate the potential flat market zones, calculated based on the Bollinger Bands width. It's showing the Bollinger Bands in red when the market is detected as flat. You can adjust the Width Threshold with precision on the inputs settings. Enjoy :)
Important: use only the BTC/USD pair on the 1D timeframe The indicator is designed to determine the zones for entry to buy or sell, as well as for closing deals. The indicator is based on a moving average with a period of 12. The parameters are not changeable, since the optimal settings (Safety trade) were used for the BTC/USD pair on the 1D timeframe. The code is...
First, you have to know price action, RTM price action Handbook could help you this indicator shows you base and momentum candles base candles could be zones of trade that show you fighting of bulls and bears, and momentum candles could show the power of those zones. Base candles are white in the chart, and you can place your order at the good...
█ OVERVIEW This indicator tracks current trends. Trends are determined by the zones created for them, the brighter the zone, the higher the probability of a market reversal. █ FEATURES The indicator adapts to any market. You can set your own values for your system Any timeframe can be used You can increase the number of zones █ HOW TO USE If the market...