🔵 Introduction 🟣 Zigzag Zigzag is a lagging indicator; this indicator identifies points on a price chart that have more significant changes than its previous wave and then by connecting these lines to each other, it assists traders in trend detection. This indicator reduces random price fluctuations and attempts to make the primary price trend clearer. 🟣...
Inspired and based on ismailcarlik's Trend Lines, Supports and Resistances. Additions include an overall upgrade to Pinescript v5, changes in the way resistance and support levels are calculated, improved visual queues, and additional customization options. This indicator is meticulously crafted to provide traders with visual tools for identifying trend lines,...
🔵 Introduction "Pivot Points" are places on the price chart where buyers and sellers are most active. Pivot points are calculated based on the previous day's price data and serve as reference points for traders to make decisions. Types of Pivot Points : Floor Woodie Camarilla Fibonacci 🟣 Floor Pivot Points Floor pivot points are widely used in...
🟣 Introduction Pivot Points are critical levels on a price chart where trading activity is notably high. These points are derived from the prior day's price data and serve as key reference markers for traders' decision-making processes. Types of Pivot Points : Floor Woodie Camarilla Fibonacci 🔵 Floor Pivot Points Widely utilized in technical...
Updated my previous algo on the Adaptive Trend lines, however I have added new functionalities and sorted out the settings. You can now switch between normalized and non-normalized settings, the colors have also been updated and look much better. The MAMA and FAMA These indicators was originally developed by John F. Ehlers (Stocks & Commodities V. 19:10: MESA...
The SuperThree is a comprehensive technical indicator designed to identify and visualize market trends and counter-trend momentum in trading. It uses a unique color-coding system to represent different market conditions and potential trading opportunities. Uptrend (Green Fill) : This is indicated by a green fill. An uptrend is a period where prices are...
🔵 Introduction 🟣 ACD Method "The Logical Trader" opens with a thorough exploration of the ACD Methodology, which focuses on pinpointing particular price levels associated with the opening range. This approach enables traders to establish reference points for their trades, using "A" and "C" points as entry markers. Additionally, the book covers the concept of...
FiboSequ: Fibonacci Sequence Marking Leonardo Fibonacci was an Italian mathematician who lived in the 12th century. His real name was Leonardo of Pisa, but he is commonly known as "Fibonacci." Fibonacci is famous for introducing the Hindu-Arabic numeral system to the Western world. This system is the basis of the modern decimal number system we use...
# Introducing the "Sez Pro" Indicator for ICT Traders The "Sez Pro" indicator is an advanced and professional tool in technical analysis that utilizes trading volume and price bands to identify safe entry and exit zones in financial markets. This indicator is specifically designed for ICT (Inner Circle Trader) traders and those seeking a deeper understanding of...
Hey there! 🌟 This is the first in a series of three indicators, primarily intended for my students, but everyone is welcome here. Let’s break it down: 🔴 Stop Loss Numbers: These represent the levels for your initial and trailing stop losses. 💙 Average True Range (ATR): Our favorite indicator for measuring market volatility and the basis of our stop loss...
🌟 Welcome to the second in our series of three indicators! While originally designed for my students, everyone is invited to join. Let’s dive into the details: 🔴 Stop Loss Numbers: These levels remain crucial for managing risk. They represent both your initial and trailing stop losses. 💙 Modified Average True Range (MATR): Unlike the traditional ATR, MATR is...
🌟Hello, traders! Let’s jump into the final chapter of our three-indicator series. So, why we discuss this seemingly unnecessary indicator, offers no additional features; in fact, it provides fewer items? See, when our primary trading asset is indices, we want a clear, distraction-free environment to maintain focus. Now, about this last indicator: 🔴 Stop Loss...
This script is designed to assist traders in making informed decisions by providing precise buy and sell signals based on a blend of advanced technical indicators and market analysis strategies. The proprietary tool ensures that the signals are non-repainting, maintaining consistency and reliability. Key Features: Non-Repainting Signals: Ensures the signals...
Returns Since Pivot (RSP) helps to analyze the trend and seasonality. This indicator draws 2 separate lines green - upward movement red - downward movement Unlike other trend indicators, it's important that even while uptrend you can still see the power of downward moves that occurred during move up. Hints and setups: 1) Helps to identify clear up...
Supply and Demand Trade Analyzer Automatic Zone Identification • Identifies high quality supply and demand zones on multiple timeframes • Shows the prices for each zone so the user may easily identify actionable prices to buy or sell • Once a zone is no longer valid, it is automatically removed from the chart to keep the workspace clean. • Includes all 4 zone...
Hello Traders! The innovative TRN Trend Bars are designed to help traders to analyze markets in an intuitive way. The TRN Trend Bars show bullish and bearish trends and reversals based on color coding the bars and give high probability trade opportunities. How does the Trend Detection work in detail? The trend analysis is based on a new algorithm that...
Trend Spotter - Advanced Trend and Momentum Trading Strategy Overview: Trend Spotter is an advanced trading script designed to help traders identify high-probability buy and sell opportunities in the market. This closed-source script combines trend detection and momentum analysis to deliver reliable and actionable trading signals. How It Works: Trend Spotter...
Hello Traders! The innovative TRN Trend Bars Pro are designed to help traders to analyze markets in an intuitive way and provide high probability entry and exit signals. It combines three core concepts: TRN Trend Bars to see the current trend and reversals (replaces the default chart bars) Bar Ranges to highlight consolidations Dynamic Trend to see...