Detecting Support and Resistance Levels Description: Support & Resistance levels are essential for every trader to define the decision points of the markets. If you are long and the market falls below the previous support level, you most probably have got the wrong position and better exit. This script uses the first and second deviation of a curve to find the...
Description : This Stochastic variant will auto-adjust stochastic period based on volatility measured by standard deviation. The idea behind it are in highly volatile market, %K period will be reduced to account for recent price range, while in low volatility market, %K period will be increased to account less of the recent price range. This idea is based on...
3 indicators in 1. Included Indicators are: - MA 5,25,50,100,200 - Ichimoku - Bollinger Band These can be used to determine changes in trends when: - MA's collide, trajectories shift, or certain levels are reached. - Ichimoku cloud is above or below the candles. - Bollinger Band's width changes, or range is broken. Reasons for 3 in 1 assembly: This indicator is...
Most Advanced & Accurate CandleStick Pattern Detector Looking All Over of All Markets for All Important Powerful Reversal | Corrective Patterns (25 type) Filtering the Results with Optional Features like Oscillator, Bollinger Bands, Volume Confirmation, Prior and Following Candles Confirmation which are Fully Customizable. With this you can detect: Hammer...
The MegaChange indicator is a traditional Change - on steroids! This indicator visualizes the Change from the current bar to the one before. Besides showing the standard change (% change from the previous bar's Last to current bar's Last), the indicator also includes the % change from the previous bar's Last to current bar's High, and to current bar's Low. The...
Support and resistance Strategy (FX and Crypto) Description: This strategy uses “support” S and “resistance” R levels, which can be computed using the “pivot point” (a.k.a. the “center”) C as follows: C = (PH + PL + PC) / 3 R = 2 × C - PL S = 2 × C - PH Here PH, PL and PC are the previous day’s high, low and closing prices. One way to define a trading...
Indicator based on strategy shared by Nimblr in Elearnmarket Face to face interview Red Circle means "Indecision" (I) Green Plus means "Momentum" (M)
Strategy for testing efficiency of strategies based on % retrace from local top based on modifiable range.
With this plot one is able to compare the different % change in the given time frame. It calculates the sma of a given period (defval = 7) for the close/open. Strategy would be to choose (trade) from one to other asset in order to get higher rates when pumping or lower when dumping. The Symbol & exchange has to be specified. defSymbols = BTC, ETH and LINK ...
(ENGLISH) Averan is an indicator based on ADR, which shows the volatility of the market based on high-low prices on the selected timeframe. The difference between Averan and ATR is that Averan does not consider GAPs, so it basically consider the actual size of the candles. This indicator also includes a standard deviation representation, the same as the top...
Hi Guy, I would like to introduce you Standard deviation zones Support & Resistance horizontals. It draws line horizontals on high and low st dev zone. The colors are dynamic depending whether price is below or above the line. Credit is due to @Zeiierman for st dev zone calculation so shout out to him. There are various sections in setting: general setting...
This is my frist publish scrpit. I developed this indicator origin is BB. It make from easy idea but powerful for sideway to breakout 1. I findout volatility by upper band of BB - lower band of BB (I called "Aline") 2. I created SMA of Aline (I called Bline) 3. I created the special line is "Cline" from Aline - Bline 4. I created 0 line " Baseline " G-BBvB is...
TM_INTRADAY_LEVEL tool shows overall market price structure of market for Intraday Position. It can be used with TM_GANN_LEVELS tool Terminology Use ==> Price Line, Price Level name and Price level Timeframe ==> Use proper Signal with swing trend on 15 Min. or lower time frame (Best if Use with 15 Minutes chart or 5 Min. chart). What to Identify ==> Overall...
TM_INTRADAY_TOOL helps to identify following Things for Intraday Position on 1-3-5-10-15-30-60 Minutes and Daily timeframe along with Buy or sell signal. 1. Market Trend (Different Timeframe) 2. Price Direction 3. Area of Support & Resistance 4. Price Momentum 5. Volume Based Breakouts Terminology Use ==> Black from Bottom for - Buy, Red from Top for - Sale...
It is rumored that GBTC price action leads the Bitcoin market. This indicator compares GBTC fomo/panic levels to the (Binance) BTC spot market. Fomo is measured as large percentage moves of the high price from the min over a look-back period. Panic is measured as large percentage moves of the low price from the max over a look-back period. A prime example of this...
Simple script which visualizes highs and lows from a user-specified rolling period, with the option to also include a 50% level between the two. Used for visualizing swing points and levels where goobers may have placed their stops ;)
Heavy Candle compares current candle size to its previous, the one before that and different Average True Ranges. The point is to objectively highlight a sizeable candle to enter the market with. The direction is based on if the close is above VWAP or below it. To plot a signal, the new candle has to: ►Oversize previous candle times multiplier 1 one OR the...