Introducing the Swing Trend Analyzer: A Powerful Tool for Swing and Positional Trading The Swing Trend Analyzer is a cutting-edge indicator designed to enhance your swing and positional trading by providing precise entry points based on volatility contraction patterns and other key technical signals. This versatile tool is packed with features that cater to...
The "Candle Range Detector " is a Pine Script™ indicator designed to identify trading opportunities based on the concept of price consolidation and breakout. It analyzes the price range of a specified number of previous candles and detects when subsequent candles stay within that range (consolidation). The indicator then highlights potential breakouts above or...
🔶 Description: "Master Pattern by UAlgo" aims to identify and visualize "Master Patterns" in price movements on financial charts, and focusing on detecting liquidity levels and sweeps. The indicator provides users with the ability to customize settings such as master pattern detection and detection flexibility, sensitivity to liquidity levels, and visualization...
Simple Description: This indicator can basically help you find when a big move might happen ( This indicator can't determine the direction but when a big move could happen. ) Basically, a low-extreme value like 0 means that it only has room for upside, so volatility can only expand from that point on, and the fact that volatility mean reverts supports this. ...
Overview The Forex Master Pattern Screener 2 is based on the Master Pattern, which includes contraction, expansion, and trend phases. This indicator is designed to identify and visualize market volatility, market phases, multi-timeframe contractions, liquidity points, and pivot calculations. It provides a clear image of the market's expansion and contraction...
Contraction & Doji Lines indicator is designed to identify and visualize potential support and resistance levels on a price chart. It does this by detecting doji candlestick patterns and drawing horizontal lines from the middle of the doji bodies to the right. Additionally, it also highlights price contraction zones with colored boxes. The indicator first...
Mean Absolute Deviation (MAD) is a statistical measure that tells you how spread out or variable a set of data points is. It calculates the average distance of each data point from the mean (average) of the data set. MAD helps you understand how much individual values differ from the average value. It's a way to measure the overall "average distance" of the data...
The Adaptive Momentum Channel with Volume Filter (Adaptive MCVF) is an indicator that utilizes an adaptive RSI to adjust its sensitivity based on the market conditions. The RSI component of the indicator calculates the standard deviation and mean deviation of RSI values and uses these to calculate the adaptive RSI. The volume filter component of the indicator...
The indicator calculates two volume-weighted moving averages (VWMA) using different lengths, and filters them based on a moving average of volume. The filtered VWMA values are then plotted on the chart as lines, representing the fast and slow moving averages. In addition, upper and lower bands are calculated based on the slow VWMA and plotted as lines on the...
The indicator consists of several features: Candlestick chart: The indicator plots a candlestick chart based on the input parameters of the user. The candlesticks are colored blue or orange depending on whether the closing price is above or below the upper and lower bands. Support and Resistance levels: The indicator also plots support and resistance levels...
The indicator incorporates a volume filter to ensure that the RSI only moves when the volume is above the moving average of the volume. The filtered RSI is then used to calculate the Bollinger Bands and moving averages, providing insights into the market dynamics. It also gives you insight into the bigger timeframes so you can monitor momentum! Volume Filter...
Master Pattern Screener This is an indicator based on the concept known as the Forex Master Pattern, which contains three phases. The contraction, expansion, and trend phases This indicator, based on your current timeframe, finds out if there is a contraction on 10 symbols that you can customize to suit your needs. How does it work? The indicator is a table,...
VWMA Volatility Oscillator This oscillator uses Volume Weighted Moving Averages to plot the volume. When the average is on the bottom then there is a chance that volatility contractions could be happening and a expansion could happen soon. When the average can be seen "high" like peaking then this could mean that there already is a lot of volume and the...
What this Indicator Does This indicator helps the trader locate expansion and contraction areas in an easy visual way. When the asset moves from a contraction phase into an expansion phase, the bars change color (customizable). This allows the trader to recognize areas of contraction and avoid trading them. Once a Bar Range moves outside of the average range as...
Contraction and Expansion Plotter Volatility , Contraction, and Expansion Plotter This indicator is based on the contraction, expansion, and trend phases concept. I wrote this indicator and optimized it to be user-friendly and show the best value levels in various different timeframes. The script itself uses Average True Range , WMAs, RSI , and volatility to...
This script is for use with the FOREX Master Pattern to assist the user with drawing in True Value areas. The script uses a combination of LOWER HIGHS and HIGHER LOWS to pinpoint areas of potential contraction and marks them with an X. Using these X symbols as visual guidance, the user can easily locate areas of contraction or "tightening" of the price as it...
Expansion Contraction compares 2 price points (the high and the low), up or down through the 2 moving average channel (MAC) settings. Since Expansion Contraction measures every period (chart setting), it technically has “zero lag”. A second indicator compares 2 price points (the high and the low), up or down through 2 longer look-back moving average channel...
A contraction candle is a candle whose body engulfs both left and right candlesticks' bodies. This indicator shows those contraction candlestick patterns which consists of successive candles. Then draws a horizontal level line to its defined % of its body size and also draws +/- filter lines which are shown as dashed lines, also with an option to define those...