Alert and lite version of the Setup indicator.
___ Alert list:
1. Bearish / Bullish Price flip.
--- Market closed higher than the close price four bars earlier and the prior bar’s close is lower than the close five price bars earlier, vise versa for the opposite direction.
2. Setup Count Termination
--- Market confirmed the Buy / Sell Setup termination...
Sequentials Phase 1
Setup . Establish the Trend
This is the first phase of a 2 indicator set. This indicator includes Setup, Support and Resistance lines (also known as TDST ), Risk levels and some additions that are described below. Sequential Countdown is not included and will be part of the second script.
Part 1. The Price flip
The “ Price...
Absolute Retracement is a tool to obtain support and resistance levels.
It is designed for macro-level support and resistance and should be used on daily, weekly or monthly timeframes.
1. Define the Reference Point
There are 4 methods to define reference point and start initialization of the script:
- All Time Low / All Time High : The...
I have a thing for pivots and SR, so this is Tom DeMark Daily Retracements Levels pivots from DeMark Indicators book by Jason Perl.
Red lines -daily R
Green lines - daily S
Expect reversals or breaks at these points.
and some random stock, just test your instrument
This is my first strategy. Be harsh. Disclaimer : I am a beginner in trading.
We will focus on eth/btc market.
It is based on Tom Demark's buy/sell setups and countdowns indicator that I published earlier, so I will not re-explain the indicator here.
At first I couldn't make it successful. The countdowns and setups alone aren't enough. I tried several things and...
This script uses @cheatcountry script to calculate Demark Reversal Points.
Backtest offers 3 capital management tools. One that will always calculate order size as initial capital/close, one that uses the same calculation but adds or substracts profit. The last one allows you to enter manually the size you want to trade.
Green and red horizontal lines are...
Demark Pivot Points start with a different base and use different formulas for support
and resistance. These Pivot Points are conditional on the relationship between the
close and the open.
You can change long to short in the Input Settings
- For purpose educate only
- This script to change bars colors.
This is a custom indicator of mine based on Tom Demark's 9 indicator which is also used in the beginning steps of the Demark Sequential Indicator which I will be publishing later. He recommends this be used for short term price reversals only but as you can see in the chart, it avoided the big crash in Feb 2020. I have marked when to buy or sell so it should be...
Having all those numbers onscreen doesn't do much for me, so I've made the important ones (i.e. the 9s and 13s) very obvious while hiding the counting. You can re-enable it in settings. Due to Tradingview limitations it can look a bit odd with them enabled, as I have made some sacrifices to prioritised visual simplicity.
I've also added alerts for the 4 different...
MATHR3E D-MA is an indicator based on TD moving average (I) and (II) developed by Thomas Demark.
The indicator is useful in determining if a market is trending, and, if so, in providing entry points to initiate a trade in line with the expected directional move.
As with all the Thomas Demark indicators, this study is based on relative price action, and so you...
Time and Money Chart Channel
TAM channels, introduced by Stuart Belknap, is part of his TAM charts setup.
These bands use SMA as the basis. 3 lines above and below paralleling the centerline (basis) represent one, two and three sigmas of the actual data points from the mean centerline.
Slightly modified version of the Tom Demark Sequential indicator. The setup phase doesn't require a number in the opposite direction to restart the count which means a green 1 can show up on the first candle after a green 9.
The setup phase numbers are shown on top of the candles and the countdown below the candles. An aggressive sell/buy countdown number 13 is...
Alright - so this is my own version of John Carter's "10x Bars"... I have done multiple things that are different from his version so they are slightly different..
So first of all the main indicator is based off of the ADX and the DMI;
For those who aren't familiar with it, Directional Movement is what you'd pull up under "built-in's" from the indicators tab...
Demarker is an indicator similar to DM+ developed by Welles Wilder.
The DM+ (a part of Directional Movement System which includes both
DM+ and DM- indicators) indicator helps determine if a security is
"trending." The differences between the indicators are in the somewhat
different calculation methods.
Indicator identifies potential price trend exhaustion.
Compares this period against the 4th prior period for the condition.
9 periods (or more) with the same condition is an indicator that the trend is ending soon.