Opening Range with Breakouts & Targets is based on the long-standing Opening Range Breakout strategy popularized by traders such as Toby Crabel and Mark Fisher. This indicator measures and displays the price range created from the first period within a new trading session, along with price breakouts from that range and targets associated with the range width. 🔶...
The Zero-Lag MA Trend Levels indicator combines a Zero-Lag Moving Average (ZLMA) with a standard Exponential Moving Average (EMA) to provide a dynamic view of the market trend. This indicator uses a color-changing cloud to represent shifts in trend momentum and plots key levels when trend reversals are detected. The addition of trend level boxes helps identify...
Follow Line is a common MT4 FX indicator based on trend following. The main idea behind the calculation is volatility: -Indicator Line increases as price goes above Bollinger Bands but with 1 standard deviation. -Likewise when price moves below the lower Bollinger Band with 1 Standard deviation, Follow -Line decreases down. -As you can imagine, indicator stays...
Linear Regression Channel Indicator Overview: The Linear Regression Channel Indicator is a versatile tool designed for TradingView to help traders visualize price trends and potential reversal points. By calculating and plotting linear regression channels, bands, and future projections, this indicator provides comprehensive insights into market dynamics. It...
The Pure Price Action ICT Tools indicator is designed for pure price action analysis, automatically identifying real-time market structures, liquidity levels, order & breaker blocks, and liquidity voids. Its unique feature lies in its exclusive reliance on price patterns, without being constrained by any user-defined inputs, ensuring a robust and objective...
The Periodic Linear Regressions (PLR) indicator calculates linear regressions periodically (similar to the VWAP indicator) based on a user-set period (anchor). This allows for estimating underlying trends in the price, as well as providing potential supports/resistances. 🔶 USAGE The Periodic Linear Regressions indicator calculates a linear regression...
The Three Bar Reversal Pattern indicator identifies and highlights three bar reversal patterns on the user price chart. The script also provides an option for incorporating various trend indicators used to filter out detected signals, allowing them to enhance their accuracy and help obtain a more comprehensive analysis. 🔶 USAGE The script automates the...
The FVG Channel indicator displays a channel constructed from the averages of unmitigated historical fair value gaps (FVG), allowing to identify trends and potential reversals in the market. Users can control the amount of FVGs to consider for the calculation of the channels, as well as their degree of smoothness through user settings. 🔶 USAGE The FVG...
The Gaps Trend - ChartPrime indicator is designed to detect Fair Value Gaps (FVGs) in the market and apply a trailing stop mechanism based on those gaps. It identifies both bullish and bearish gaps and provides traders with a way to manage trades dynamically as gaps appear. The indicator visually highlights gaps and uses the detected momentum to assess trend...
The N Bar Reversal Detector is designed to detect and highlight N-bar reversal patterns in user charts, where N represents the length of the candle sequence used to detect the patterns. The script incorporates various trend indicators to filter out detected signals and offers a range of customizable settings to fit different trading strategies. 🔶 USAGE ...
The "buysellsignal-yashgode9" indicator utilizes a signal library to generate buy and sell signals based on price action, allowing traders to make informed decisions in their trading strategies. Overview of the Indicator The "buysellsignal-yashgode9" indicator is a technical analysis tool that identifies potential buying and selling points in the market. It does...
Hma Swing Points | viResearch Conceptual Foundation and Innovation The "Hma Swing Points" script introduces a simple yet effective method for identifying key swing points in the market using Hull Moving Averages (HMA). The Hull Moving Average is a faster and smoother alternative to traditional moving averages, making it ideal for detecting significant price...
The Median Kijun-Sen is a versatile technical indicator designed for both trend-following strategies and long-term market valuation. It incorporates various display modes and includes a backtest mode to simulate its performance on historical price action. Key Features: 1. Trend-Following and Long-Term Valuation: The indicator is ideal for trend-following...
The Volumatic VIDYA (Variable Index Dynamic Average) indicator is a trend-following tool that calculates and visualizes both the current trend and the corresponding buy and sell pressure within each trend phase. Using the Variable Index Dynamic Average as the core smoothing technique, this indicator also plots volume levels of lows and highs based on market...
The Universal Ratio Trend Matrix is designed for trend analysis on asset/asset ratios, supporting up to 40 different assets. Its primary purpose is to help identify which assets are outperforming others within a selection, providing a broad overview of market trends through a matrix of ratios. The indicator automatically expands the matrix based on the number of...
Gaussian SWMA For Loop Indicator The "Gaussian SWMA For Loop" is a sophisticated indicator designed to identify potential trading opportunities by combining a Gaussian-weighted moving average (WMA) with a simple moving average (SMA), enhanced by a loop-based scoring system. This indicator is tailored for traders looking to capture trends and reversals with a...
The Industry Group Strength indicator is designed to help traders identify the best-performing stocks within specific industry groups. The movement of individual stocks is often closely tied to the overall performance of their industry. By focusing on industry groups, this indicator allows you to find the top-performing stocks within an industry. Thanks to a...
Explanation of the Code: Initial Setup: The strategy initializes with a capital of 100,000. Variables track the capital and the amount invested in the current trade. RSI Calculation: The RSI and its SMA are calculated on the monthly timeframe using request.security(). Entry and Exit Conditions: Entry: A long position is initiated when the RSI is above its SMA...