This Pine Script indicator combines supply and demand zone analysis with dynamic buy/sell signals to enhance trading strategies. It provides a robust framework for identifying optimal trading opportunities and managing existing trades. Key Features: Supply and Demand Zones: The indicator identifies significant supply and demand zones based on recent price...
This script combines a Volume-Weighted RSI, smoothed with a custom Hull Moving Average (HMA), with a modified MACD based on normalized net volume. Volume-Weighted RSI: It is calculated by adjusting the closing price with a normalized On-Balance Volume (OBV) and then applying an RSI. This approach weights the RSI according to volume, providing a more accurate...
**Release Notes** **Strategy Name**: PVT Crossover Strategy **Purpose**: This strategy aims to capture entry and exit points in the market using the Price-Volume Trend (PVT) and its Exponential Moving Average (EMA). It specifically uses the crossover of PVT with its EMA as signals to identify changes in market trends. **Uniqueness and Usefulness** ...
Power Market Indicator Description: The Power Market Indicator is designed to help traders assess market strength and make informed decisions for entering and exiting positions. This innovative indicator provides a comprehensive view of the evolution of Simple Moving Averages (SMA) over different periods and offers a clear measure of market strength through a...
Dual Channel System The indicator incorporates two Donchian Channels - the Inner Channel and the Outer Channel. These channels are adjustable, allowing users to define their lengths according to their trading strategy. Inner Channel: With a default length of 100 periods, the Inner Channel provides a closer view of market trends and potential support and...
Indicator looks for inside candle on 3 timeframes. Chart's default timeframe and 2 higher timeframes to spot Inside candle on any of these timeframes. Main purpose was to look at multiple inside candle at multiple timeframes to identify consolidation within consolidation and implement intraday, hence for 15min chart timeframe. However, code works for all...
Description : Introduction The `Uptrick: Logarithmic Crypto Bands` indicator introduces an innovative approach to technical analysis tailored specifically for the cryptocurrency markets. By leveraging logarithmic transformations combined with dynamic exponential bands, this indicator offers a sophisticated method for identifying critical support and...
The MTF Volume Flow Indicator (MTF VFI) is an advanced and versatile tool that enhances market analysis by tracking the flow of volume across multiple timeframes. By integrating volume flow with multi-timeframe analysis, this indicator provides traders with a comprehensive understanding of market trends, momentum, and potential reversals. Key Features ...
OVERVIEW Kijun + ATR is an indicator that combines Lagging Kijun Base Line From Ichimoku Cloud (direction indicator) and Volatility Indicator ATR. By combining ATR with kijun we can filter out noise from Base Line. CALCULATIONS Kijun is calculated by taking average of lowest and highest point of price over set lenght. ATR is just default Tradingview Indicator...
### Uptrick: SMA Pivot Marker (SPM) — Extensive Guide #### Introduction The **Uptrick: SMA Pivot Marker (SPM)** is a sophisticated technical analysis tool crafted by Uptrick to help traders interpret market trends and identify key price levels where significant reversals might occur. By integrating the principles of the Simple Moving Average (SMA) with pivot...
This Indicator calculates the logarithmic deviation of the BTCUSD price from its 20-week SMA and dynamically normalizes it between a lower signal line (-0.57) and an upper trendline defined by two historical points (May 30, 2011, at 1.75 and March 4, 2024, at 0.45). The indicator line color changes dynamically: green below 0 blue at 0.5 red above 1 Ideal...
The "Iterator" library is designed to provide a flexible way to work with sequences of values. This library offers a set of functions to create and manage iterators for various data types, including integers, floats, and more. Whether you need to generate an array of values with specific increments or iterate over elements in reverse order, this library has you...
Mystic Pulse - A Non-Lagging Trend Indicator Introduction In the world of trading, identifying trends accurately and timely is crucial for successful decision-making. The saying "The Trend is Your Friend" encapsulates this principle, emphasizing the importance of riding the prevailing market trend. The Mystic Pulse indicator is designed to help traders do...
Description: This custom Pine Script indicator is designed to help traders identify optimal buy signals using a combination of multiple technical indicators. It provides visual markers for entry points, take profit levels, and stop loss, offering a comprehensive tool for decision-making. Features: Buy Signal: Generates a buy signal based on a combination of...
Traditional candlestick charts are invaluable for visualizing price movements over time. However, they often lack an explicit representation of trading volume, a key factor that can significantly influence price action. Our Volume Adjusted Candles Indicator fills this gap by incorporating volume directly into the candlesticks, allowing for a more comprehensive...
Strategy Introduction: 1. We know that the exchange can only set a maximum of 100 grids. However, our grid strategy can set a maximum of 350 grids. 2. We have added the modes of proportional and differential warehousing. 3. It should be noted that we have not set any filtering conditions, which means that when the price falls below the grid, we will execute a...
This indicator advises intraday traders which direction NOT to take trades in, based on recent action in the daily chart. Works on any timeframe. This is not a buy/sell indicator - it is a FILTER that is meant to SUPPRESS trades you may have wanted to take. Like a Daily Bias, but with a neutral position (no bias). The indicator shows when NOT to take longs and...
This Pine Script code is designed to plot the high, close, and low prices at exactly 9:31 AM on any timeframe chart. Here's a breakdown of what the script does: Inputs Define the start time of the trading day (default: 9:30 AM) Define the end time of the trading day (default: 4:00 PM) Toggle to display daily open and close lines (default: true) Toggle to extend...