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Smart money assistant. Draws vertical lines by days of the week (not visible if the timeframe is daily or more than daily) Draws horizontal lines of the highs and lows of the previous days, weeks and months (green, yellow and red lines, respectively). Displays the imbalances on the chart Considers the structure of the market fractally, finds long term or short...
Calculate Fractal candles with selected count of bars. Min value is set to 3 because less is not informative.
This super indicator is a Swiss army knife for Smart Money traders for OrderBlocks / FVG / BoS It provides many options for drawing (non-repainting) boxes for OrderBlocks, Fair Value Gaps (FVG) and Break of Structures. The boxes are extended into the future, until the first retest/mitigation. Some of the additional options (not explained in the diagrams above) ...
Hello All, For long time I got many request for Renko Candles and now here it's, Renko Candles Overlay . I tried to make almost everything optional, so you can play with the options as you want. Let see the options: Method: the option for brick scaling method: ATR, ATR/2, ATR/4, Percent, Traditional - ATR Period: period for Average True Range and it's...
Requested Update to this Indicator alert project. In this update I have added the option to be able select which Price Action candles you want included in the display and the generated alarm Alert. Other changes also included in this update: Also added a Price Action candle for "Last Fractal S/R Break", this also a good continuation indication. Added option...
This indicator plots those pivots/fractals which have not been taken out by price, whereby showing where are the clusters of highs/lows where stop orders (or liquidity) could be hiding. This is a fantastic tool for taking reversal trades.
This long only strategy determines the price of the last fractal top and enters a trade when the price breaks above the last fractal top. The strategy also calculates the average price of the last fractal tops to get the trend direction. The strategy exits the long trade, when the average of the fractal tops is falling (when the trend is lower highs as measured by...
Idea The idea is simple : when market turns around, it traps a bunch of traders off guard. We trade with them, in the same direction of their exit! Method We let the market first create a fractal We then let the market create an opposite fractal We then let the market break the first fractal it created, thereby trapping lots of trades in the process ...
Pullback Candle will signal when price is at the end of a pullback and entering a balance phase in the market (works on all markets) Also we can expect a Pullback Candle during flash crashes as the theory of this script is when there is a turning point in momentum - this candle will appear and we can look long from this signal. This candle will only work in...
update: added optional option for marking the fractals with bgcolor (request for: faizal.mansor.908)
Few Months ago I started wanted to code a candle which alerts me when a Rally may be over in Bearish Conditions and today I have created a candle which is 1. subjective but more importantly appears in areas where buying pressure is at either a climax or in the process of a decline and this is where the Rally Candle signals. This shows momentum may be shifting and...
Little fix for the previous script. Sorry. synapticex.com
Looking for something other than a moving average to help determine not only a trend's strength, but also it's direction? Try PFE! PFE was developed by Hans Hannula that was invented to determine price efficiency over a user-defined time period. The Polarized Fractal Efficiency indicator is, in the essence, an exponentially smoothed ratio of the length of two...
My first indicator. A simple average of last 1 to 10 fractals (top and bottom) Trade breakouts of top or bottom lines. Feel free to use and experiment with. Frank Baumann
EXPERIMENTAL: GANN lines projection based on zigzag tops/bottoms, use at your own risk.
EXPERIMENTAL: reads the rates for the last top/bottom in a zigzag fractal series, outputs XAB, XAD, ABC, and BCD rates, im interested in earing what your opinion is as im a total noob in harmonics :p. use with Fractals V5 for visual confirmation ;).