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...
Introducing the Dynamic Supply and Demand Zones by AlgoAlpha. This indicator is designed to automatically identify and visualize dynamic supply and demand zones on your chart, helping traders pinpoint potential reversal areas and assess market sentiment with enhanced clarity. It adapts to market conditions using a dynamic look-back mechanism, making it more...
🟨 HMA OrderBlocks by AlgoAlpha is a powerful tool designed to help traders visualize key pivot zones and order blocks based on the Hull Moving Average (HMA). By dynamically identifying bullish and bearish pivot points, this script provides insights into potential price reversals and trend continuations. With customizable settings, it allows traders to tweak the...
The Bubbles Volume indicator is an innovative visualization tool designed to represent trading volume in a more intuitive and visually appealing manner. By displaying volume as bubbles of varying sizes and colors on the price chart, this indicator helps traders quickly identify significant volume levels and potential areas of interest. Important Note: For...
The Volatility Breaker Blocks indicator identifies key market levels based on significant volatility at pivot highs and lows. It plots blocks that act as potential support and resistance zones, marked in green (support) and blue (resistance). Even after a breakout, these blocks leave behind shadow boxes that continue to impact price action. The sensitivity of...
The "Volumetric Volatility Breaker Blocks " indicator is designed for traders who want a comprehensive understanding of market volatility combined with volume analysis. This indicator provides a clear visualization of significant volatility areas (or blocks), characterized by price movements that exceed a specific volatility threshold, as calculated using the ATR...
The Rising & Falling Window Signals indicator identifies Rising & Falling Window formations on the chart and manages them for use as support and resistance zones. The Rising and Falling Window methods used in this indicator are based on Steve Nison's techniques, emphasizing the importance of these areas to better identify continuation momentum and likely reversal...
🚀 Elevate Your Trading with Machine Learning Dynamic Support and Resistance! The Machine Learning Dynamic Support and Resistance by AlgoAlpha leverages advanced machine learning techniques to identify dynamic support and resistance levels on your chart. This tool is designed to help traders spot key price levels where the market might reverse or stall, enhancing...
FiboTrace.V33 - Advanced Fibonacci Retracement Indicator is a powerful and visually intuitive Fibonacci retracement indicator designed to help traders identify key support and resistance levels across multiple timeframes. Whether you’re a day trader, swing trader, or long-term investor, FiboTrace.V33 provides the essential tools needed to spot potential price...
The Pivot Data Indicator is designed to provide traders with valuable insights by identifying and analyzing pivot points on the price chart. It calculates both pivot highs and lows, then presents detailed statistics on the distance and time between these pivots. a pivot point is defined as a specific point on the chart where the price either reaches a high or a...
This script is designed to help traders visually track market trends using various types of moving averages (MAs) and to receive alerts when certain conditions are met. Here’s a detailed breakdown of how the script works: 1. User Inputs and Customization: MA Length: Traders can define the length of the moving average (default is 100). Confirmation Candles: The...
Description The "First Candle High Low Levels" Pine Script indicator is designed to highlight the high and low levels of the first candle of the day on your TradingView chart. It works across different timeframes and specifically handles the Indian stock market trading hours (9:15 AM to 3:30 PM IST). The script draws a box from the start to the end of the trading...
Weekly Initial Balance Indicator The Weekly Initial Balance (IB) indicator is a powerful tool designed for traders to identify key support and resistance levels based on the market's initial activity at the start of each week. By analyzing the first 30 hours of trading. Key Features: Customizable IB Period: Define the start hour and duration of the initial...
This script appears to be designed to identify and visualize dynamic support and resistance levels on a price chart, along with potential breakout signals. Key Components & Functionality (Inferred): Dynamic Support and Resistance: The script likely employs algorithms to calculate and plot support and resistance levels that adjust in real-time as price action...
Hi all! This is a very simple indicator. It plots the high timeframe (configurable via the "Timeframe" setting) high/low current timeframe bars (that has the same high/low as the higher timeframe) as supply/demand. The higher timeframe bar that's chosen is the one that's next last. As of now one high and one low zone is plotted. The defaults are based on useful...
The Predictive Order Blocks Indicator is a unique and innovative tool that enhances market analysis by identifying support and resistance blocks based on standard deviations from a median line. Unlike traditional indicators that rely solely on the close price, this indicator leverages the median line and standard deviations to form areas of interest, rather than...
The Price Close Probability Indicator is designed to help traders estimate the likelihood of price closing above or below specified levels within a given bar. By placing two levels on your chart, you can quickly gauge the probability of the current price bar closing above or below these levels in real-time. Key Features: Dynamic Probability Calculation: ...
Hello traders 👋 This indicator "SPX Mapped Gaps" detects gaps from the SPX (or the trader's choice of index/asset) and plots them for the asset on your chart! Features Selectable comparison symbol Gaps from the selected symbol (SPX by default) are plotted for the asset on your chart - serving as potential support/resistance levels! Closest gaps from...