Engulf Scan Introduction: The Engulf Scan indicator helps users identify bullish and bearish engulfing candlestick patterns on their charts. These patterns are often used as signals for trend reversals and are important indicators for traders. Engulf Scan signals are generated when an engulfing pattern is swallowed by another candlestick of the opposite...
Wave Line is a chart type obtained by plotting the High and Low values in each time interval according to their sequential order. This method produces a continuous line rather than bars, which is beneficial for analyzing changes within each interval rather than focusing on the price range and open/close values. E.g for Wave Analysis. How to use: 1. Adjust the...
This is a simple indicator that aids the trader in being able to visualise each trading day of the week; Key Features Weekly Open Line Daily Open Line Option for Background Lines Weekly & Daily Open Lines Information ℹ️ These are vertical lines that are anchored to the hour of the Weekly Open and the hour of each Daily Candle Open. The settings...
What is an Order Block? An order block is a concept used in technical analysis, particularly in price action trading and supply and demand analysis. It refers to a significant area on a price chart where institutional traders, such as banks and hedge funds, have placed large orders. These blocks of orders often create strong support or resistance levels, as...
Best for trade execution in lower timeframe (1m,5m,15m) with momentum confirmation in higher timeframes (2h,4h,1d) This indicator relies on three key conditions to determine buy and sell signals: the price's deviation from a short-term moving average, the change in the moving average over time (past 10 candles), and the price's deviation from a historical price...
This is a simple indicator that has been designed to aid intraday trading and has a few components; Key Features Session Ranges + Optimal Exit Time Asia Pip Range New York Midnight Open Line Session Ranges + Optimal Exit Time Information ℹ️ This is a visual depiction of the 3 main sessions in the markets. Asia, London & New York. The default...
Indicator Overview: VolCorrBeta The VolCorrBeta indicator is designed to analyze and interpret intermarket relationships. This indicator combines volatility, correlation, and beta calculations to provide a comprehensive view of how certain assets (BTC, DXY, CL) influence the ES futures contract (I tailored this indicator to the ES contract, but it will work...
The Breakouts Tests & Retests indicator highlights tests and retests of levels constructed from detected swing points. A swing area of interest switches colors when a breakout occurs. Users can control the sensitivity of the swing point detection and the width of the swing areas. 🔶 USAGE When a Swing point is detected, an area of interest is drawn,...
Introducing the Consolidation VWAP's Indicator , a powerful tool designed to identify consolidation periods in stock advance and automatically anchor three distinct VWAPs to key points within the consolidation. Consolidation Period Identification: The indicator automatically detects periods of consolidation or areas on the chart where a stock's price moves...
D9 Indicator Category Technical Indicators Overview The D9 Indicator is designed to identify potential trend reversals by counting the number of consecutive closes that are higher or lower than the close four bars earlier. This indicator highlights key moments in the price action where a trend might be exhausting and potentially reversing, providing valuable...
Description: The Bearish Elephant Candle Indicator is designed to identify and signal potential short entry points based on the Bearish Elephant Candle pattern. This pattern is characterized by a large bearish candle, where the body (difference between open and close) is more than 70% of the entire range (difference between high and low), and the total range is...
The "Weekly Open to Close Percentage Change Indicator" is a powerful tool designed to help traders and investors track the percentage change in price from the open of the current week's candle to its close. This indicator provides a clear visualization of how the price has moved within the week, offering valuable insights into weekly market trends and...
The "VWAP Z-Score with Signals " is a technical analysis tool designed to help traders identify potential buy and sell signals based on the Volume Weighted Average Price (VWAP) and its Z-Score. This indicator calculates the VWAP Z-Score to show how far the current price deviates from the VWAP in terms of standard deviations. It highlights overbought and oversold...
Main Function: This script creates horizontal lines on the chart at the market open price levels for different timeframes (4H, Daily, Weekly, Monthly). It helps traders track the open price levels and analyze their impact on the current price movements. Unique Features: Multi-Timeframe Support: The script allows users to display horizontal lines for 4-hour,...
Breadth Indicators NYSE - transmits the processed data from the Barchart provider NYSE - Breadth Indicators S&P 500 - Breadth Indicators DOW - Breadth Indicators RUSSEL 1000 - Breadth Indicators RUSSEL 2000 - Breadth Indicators RUSSEL 3000 - Breadth Indicators Moving Average - 5, 20, 50, 100, 150, 200 The "Percentage above 50-day SMA" indicator measures...
The "Linear Regression Trend Channel" is a technical indicator designed to illustrate price trends and their volatility using linear regression. This indicator calculates the main linear regression line based on the user-defined period length and computes the standard deviation to form a trend channel. Key Features: - Linear Regression Calculation: Computes the...
The Funding Rate Indicator by is a comprehensive tool designed to analyze funding rates across multiple cryptocurrency exchanges. This indicator is essential for traders who want to monitor funding rates and their impact on market trends. Key Features Exchange Coverage: Includes data from major exchanges such as Binance, Bitmex, Bybit, HTX, Kraken, OKX,...
Volume Spread Analysis: Understanding Market Intentions through the Interpretation of Volume and Price Movements. █ Simple Explanation: The Volume Spread Analysis (VSA) indicator is a comprehensive tool that helps traders identify key market patterns and trends based on volume and spread data. This indicator highlights significant VSA patterns and provides...