The script uses several ATR formulas for entering/exiting trades, support/resistance lines to take TP1 (take profit 1) and another ATR formula for TP2 (take profit 2). Everything is fully configurable to your preference, and you can back-test it via TradingView. You can also configure the indicator for signals during US trading sessions (with or without power...
OVERVIEW The Keltner Channel Volatility Filter indicator is a technical indicator that gauges the amount of volatility currently present in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions. CONCEPTS This indicator assists traders in capitalizing on the assumption that trends are...
Qube is an indicator that shows market regimes. It is able to detect medium and long term trends and ranging markets. If the indicator bars are colored blue and are between the two blue lines, it means that the market is in sideways movement or consolidation. If indicator bars cross the upper boundary and are colored green, it means that the market is in an...
"Market structure first, always" - Mr. Anderson aka TrueCrypto28 right before he went on to master Kung-Fu Understanding and identifying market structure is essential for successful and consistent profitability. No system is perfect, but trading in the direction of the prevailing market structure can reduce the likelihood of being caught severely offsides and can...
█ This Indicator shows a wick-off check pattern applied to a moving average. This pattern appears when a candle opens below the moving average and closes above it, or when it opens above a moving average and closes below it. This causes a wick to go through the moving average: a wick-off check moving average. █ Usages: This indicator detects small...
OVERVIEW The Normalized Volatility indicator is a technical indicator that gauges the amount of volatility currently present in the market, relative to the average volatility in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions. CONCEPTS This indicator assists traders in...
OVERVIEW The Normalized Volume indicator is a technical indicator that gauges the amount of volume currently present in the market, relative to the average volume in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions. CONCEPTS This indicator assists traders in capitalizing on the...
What is "Linear Average Price"? "Linear Average Price" is both a trend and an overbought oversold indicator . What it does? it creates a trendline and trading zones. How it does it? To create the trend line, it averages the difference between each data and chooses it as the slope of the line it creates. then it positions this line so that it passes right through...
Bhoomi 2.0 is a Market Directional Indicator. It predicts the same by plotting respective zones and Labels. To request access and to know more Information please contact us here. Bhoomi 2.0 INDICES works on the Major World Indices as listed on tradingview. More to come in future, but please find the current list below. If you do not see the INDEX you trades,...
█ This indicator shows the repartition of bullish and bearish trends over a certain period in multiple timeframes. It's also showing the trending direction at the time. █ Usages: Trend dominance is expressed with two percentages: left is downtrend and right is uptrend. Cell colors turn green if dominance is up and red if it is down. Knowing the trend...
Crypto-DX can be used to help measure the overall strength and direction of the crypto market trend. Furthermore, it can be used as a screener to find out cryptocurrencies which are accumulating momentum and tends to potentially pump or dump. How this indicator works : If the Crypto-DX cross above the zero-level, it could be an indication that there is a...
⛳ Engulfing Candles (Bullish and Bearish ) with Trend Recognition | by Octopu$ This Indicator identifies and plots Engulfing Candlestick Patterns. Engulfing Candles are a combination of two bars on a price chart. They are used to indicate/anticipate a market reversal. The second candlestick must be bigger than the first, so it 'engulfs' the previous bar. This...
█ This indicator shows an upper and lower band based on Highs and Lows. Depending on this, the indicator interprets a ranging market, an uptrend or a downtrend. █ Usages: The purpose of this indicator is to identify when the price is ranging. It's also used to identify changes in trends, breaking points, and trend reversals. But it can also be used to show...
Welcome traveler ! Here is my first indicator I made after 3 days of hardlearning pine code (beginner in coding). I hope it will please you, if you have any suggestion to enhance this indicator, do not hesitate to give me your thoughts in the comments section or by Private message on trading View ! How does it works ? It's a simple MACD strategy as describe...
(My goal creating this indicator) : Provide a way to categorize and label key structures on multiple time frames so I can create a plan based on those observable facts. The Underlying Concept / What is Momentum? The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When price closes above Supertrend Its bullish Momentum when its below Supertrend...
(My goal creating this indicator) : Provide a quick way to check the current momentum of multiple timeframes. The Smart Momentum Chart was intended to be a live trading tool that should be used when a trader has already defined his edge and no longer needs the past Momentum data. The Underlying Concept What is Momentum ? The Momentum shown is derived from a...
Strategy is based on the "SIMPLE and PROFITABLE Forex Scalping Strategy" taken from YouTube channel ForexSignals TV. See video for a detailed explaination of the whole strategy. I'm not entirely happy with the performance of this strategy yet however I do believe it has potential as the concept makes a lot of sense. I'm open to any ideas people have on how it...
In the psychology of trading at any market condition, there are four stage usually occurs on any tickers. Stage 1 -> Neglect phase or consolidation phase It occurs when the company does not produce the expected result and waiting for next result. It can extend for days, weeks, months and years. Never give entry at this stage though that blue-chip told to...