The "Order Blocks W/ Realtime Fibs" indicator is a comprehensive tool combining the concepts of order blocks with Fibonacci retracement. The combination can be a powerful tool for identifying entry and exit points, and potential target areas. Order blocks indicate where major players have likely placed their orders, while Fibonacci levels provide a mathematical...
Pocket Pivot Breakout Indicator The pocket pivot breakout indicator will show a blue arrow under the candle if both the following conditions are met: 1. The percentage change of the candle on that day from open is greater than 3%. 2. The volume on the day of 3% candle is higher than the highest red volume in the past 10 days. The second condition is based on the...
Hello Traders :) I am Only Fibonacci. My purpose in coding this indicator was to detect support and resistance more easily. What is the working principle of this indicator? This tool detects pivot points. If the length of the sell pin is higher than the length of the buy pin, it is considered as resistance. It detects the formation according to the length of...
Hi all! This script is based on the concept of "higher highs and higher lows" and "lower highs and lower lows". Bullish/bearish trend changes when a previous pivot (low in bullish trend and high in bearish trend) is broken (or has equal value). Some settings are customizable by the user: Timeframe - You can choose what timeframe the pivots are found on ...
TotalCustom sums our custom altcoin list's market caps together. Primarily used to compare to the following: A. price of bitcoin B. Total 1, Total 2, Total 3 Used in the following way: When there is a large gap on fixed time frames (i.e. 3 month, 6 month, YTD) between this indicator and the main comparisons, it is generally considered a good time to buy.
Conceptually very simple. The all time high or low of the chart (this indicator can be used with non-price sources as well), is used to divide the price pane continuously by 2. For example the first pivot is (All Time High + All Time Low)/2. From this point the price chart is further divided by 2. The user can set the depth of division, and the lines for...
Anchored Moving Average? An anchored moving average (AMA) is created when you select a point on the chart and start calculating the moving average from there. Thus the moving average’s denominator is not fixed but cumulative and dynamic. In this indicator, I've provided three different types of Anchored Moving Averages, viz., WMA, SMA and VWAP. WMA is relevant...
This indicator is designed to detect and plot Double Tops and Double Bottoms, by setting the initial high or low using standard pivot points. Double Tops A Double Top is a bearish reversal pattern, typically found when an uptrend returns back to a prior peak. It signifies a potential turning point or resistance level and could potentially reverse in...
Just the usual cam pivot points updated to have a few more levels. Added R5/S5 and S5/S6
This script allows the user to visualize a momentum shifts on the candlestick charts. This is a visual indicator to help the trader quickly recognize if a potential trade exists where the market sentiment might be changing. The MS occurs when the below parameters are followed: Creates red triangle on the chart when: 1) at the close of a green candle that was...
This script allows the user to visualize a momentum shifts on the candlestick charts. This is a visual indicator to help the trader quickly recognize if a potential trade exists where the market sentiment might be changing. The MS occurs when the below parameters are followed: Creates blue triangle on the chart when: 1) at the close of a green candle that was...
Hello! This script "The Next Pivot" uses various similarity measures to compare historical price sequences to the current price sequence! Features Find the most similar price sequence up to 100 bars from the current bar Forecast price path up to 250 bars Forecast ZigZag up to 250 bars Spearmen Pearson Absolute Difference Cosine Similarity Mean...
Using Auto Fibonacci Levels indicator users can find automatically Fibonacci Extension points where price can go after a period of consolidation (sideways or can find points for support/resistance on retracement levels that can be displayed for any defined range. The script is different from others by letting users to define a consolidation range, user can...
█ OVERVIEW The "Daily Pivots with Fakeout Protection" indicator is a powerful tool designed to help traders identify potential price breakouts and pivot levels on daily charts. This indicator calculates and displays daily pivot points along with breakout lines that are adjusted to provide a certain level of protection against fakeouts, which are false price...
The Dynamic Point of Control (POC) indicator provides traders and analysts with insightful information about price levels, volume distribution, and sentiment within a specified historical range. Instant Updates : POC recalculates with every new bar, keeping you ahead of the game. Market Bias : Assess market sentiment through bullish volume share. Customization...
Intermediate Term Low (ITL): A point on a price chart where the price reaches a relatively lower level compared to the surrounding price points within an intermediate time frame. Intermediate Term High (ITH): A point on a price chart where the price reaches a relatively higher level compared to the surrounding price points within an intermediate time...
This script tracks and draw the High and the Low for Monday session across the whole week period. Many crypto traders use the high and low extremes for Monday session as an confluence on how the price action during the week reacts against it.
Brief Introduction Hello fellow traders and coders, let me introduce to you the ultimate multi time-frame market structure indicator to cater to all your market structure needs. The script is extremely customizable with a maximum of 3 time-frames since I love top down analysis as I’m sure you do to, so without wasting any more time here are the available...