This script draws two sets of standard deviation channels on the price chart, providing a nuanced view of price volatility over different lengths. The script starts by declaring a set of user-defined inputs allowing traders to customize the tool according to their individual requirements. The price input sets the source of the price data, defaulting to the...
The Daily SPY Plan indicator is a technical analysis tool designed to provide traders with a visual representation of price levels and take profit points for the SPY (S&P 500 ETF) on a daily timeframe. This indicator utilizes the Average True Range (ATR) to calculate projected price levels and take profit points, aiding traders in identifying potential breakout...
The Apeiron Fair Value Bands take into account a given MA and determine a Fair Value Area (FVA) for the price of a certain asset. The script plots a MA and a tolerance ribbon for it, as well as 2 bands (preset to 1 Standard deviations and 2 Standard deviations respectively, which can be manually changed) with a tolerance ribbon as well. This creates 3 areas of...
The "Order Block & Fractal Zones (OBFZ) Indicator." indicator is a technical analysis tool designed to identify and display key price levels on a chart. It utilizes the concept of Order Blocks and the Fractal Value Zone (FVG) to highlight potential support and resistance areas in the market. The indicator marks bearish and bullish Order Blocks, which are...
EDRI EXTREME POINTS BUY & SELL INDICATOR This Buy and Sell (non-repainting) indicator uses signals based on the combined CCI/Momentum and RSI indicators and optional regular divergence. The idea of the indicator is to look for a potential reversal after the price reached extreme points (overbought or oversold) and signals an entry when the price shows signs of...
This indicator displays two Bollinger Bands coming from two different time frames, chart's current one and a higher one. It analyzes these two Bollinger Bands data and combines them with RSI, MFI and MACD divergences and SuperTrend to identify areas of opportunity where price is the most likely to be at a local top or bottom. It uses probabilistic data, the...
The CurveBuilder is a versatile indicator that constructs channels using selectable input averages weighted together. It also incorporates scalable and shiftable offsets on the resulting bands. This indicator allows users to customize various settings to tailor the channel construction according to their trading strategy. here a example screenshot of 3...
This indicator uses a custom source to define a point of relativity to which regions are based off to aid in technical analysis. Breakout Band's use is: - Monitoring trends - Defining trends - Defining areas of consolidation - Trend support / resistance levels - Aid in technical analysis However, the band provides information different...
The Filtered Momentum Indicator (FMI) is a tool created to assist traders in identifying changes in momentum and gaining insights into potential shifts in price trends. By combining the concepts of momentum and Bollinger Bands, the FMI offers a unique perspective on momentum values and their relationship to price movements, helping traders make informed trading...
█ Introduction Specifically designed for trading on NYSE, NASDAQ, Dow Jones, and AMEX related instruments like SPY, QQQ, ES, NQ...etc., this innovative tool provides traders with advanced market insights to help them comprehend the market intricacies and make well-informed decisions. Comprising three primary features: Price Order Divergence (POD) Bubbles, Market...
About Grid Bots A grid bot is a type of trading bot or algorithm that is designed to automatically execute trades within a predefined price range or grid. It is commonly used in markets that exhibit ranging or sideways movement, where prices tend to fluctuate within a specific range without a clear trend. The grid bot strategy involves placing a series of buy...
The "Dynamic Trend Ripper" indicator is designed to identify dynamic support and resistance levels based on exponential moving averages (EMA) and the average true range (ATR). It aims to assist traders in identifying potential trading opportunities by visualizing dynamic support and resistance areas on the price chart. Think of it as more of overbought or oversold...
----------------------------------------------------------------- General Description: This indicator ( the one on the top panel above ) consists on some lines, arrows and labels drawn over the price bars/candles indicating the detection of regular divergences between price and the classic MACD histogram (shown on the low panel). This script is special because...
Hello Traders. :) I am Only Fibonacci. This indicator I shared will create more meaningful channel lines for you. Suppositories were overused and logically manipulated. What does it do? In this script, both falling and ascending channels can be drawn on the hills. At the same time, both falling and rising channels can be drawn at the bottom levels. When...
The "Fibonacci Trend Zone" indicator is a supplementary tool that helps identify the current trend based on Fibonacci zones. It utilizes Fibonacci levels (0.62, 0.705, and 0.79) to define long-term trend zones. The green zone indicates potential long trades, while the red zone suggests potential short trades. The indicator also includes the Triple Exponential...
OVERVIEW This script plots, and auto-updates, 3 separate VWAPs: a traditional VWAP, a VWAP anchored to a trends high, and another anchored to a trends low. VWAP and Anchored VWAPs are commonly used by institutions responsible for the majority of market volume on a given day. Citadel Trading, for example, accounts for approximately 35% of all U.S. listed retail...
Trend Channels This simple trading indicator is designed to quickly identify and visualize support and resistance channels in any market. The primary purpose of the Trend Channels with Liquidity Breaks indicator is to recognize and visualize the dominant trend in a more intuitive and user-friendly manner. Main Features Automatically identifies and plots...
The "Smart Trend Envelope" indicator is a powerful tool that combines the "Nadaraya-Watson Envelope " indicator by LuxAlgo and the "Strongest Trendline" indicator by Julien_Eche. This indicator provides valuable insights into price trends and projection confidence levels in financial markets. However, it's important to note that the indicator may repaint,...