This indicator is based on purely Fibonacci levels. How it works: Let's first understand the Fibonacci levels. The main Fibonacci numbers are 0, 0.236, 0.392, 0.5, 0.618, 0.764, 1 whereas 0 equal to low and 1 equal to high. As the market is moving in any direction, new lows or new highs are developing and hence Fibonacci levels are also changing throughout the...
🧾 Description: A nexus is a connection, link, or neuronal junction where signals and information are transmitted between different elements. The MTF MAs and Crosses Nexus indicator serves as a nexus between MTF Moving Averages by facilitating the visualization and interaction of up to eight multi-timeframe moving averages, each with its own customizable...
In specific circumstances, it is possible to extract data, far above the 40 `request.*()` call limit for 1 single script . The following technique uses composite tickers . Changing tickers needs to be done in the code itself as will be explained further. ⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯ 🔶 PRINCIPLE Standard...
Hi everyone! Sorry for not posting anything for so long again. I will be active in July, after passing my university exams. I bought some S&C magazine archives, so await my new post strategies and indicator in July, as things are gonna get real interesting! But for now let me hand you some new and interesting stuff — AFR indicator. Actually, this is my third...
█ OVERVIEW This indicator as an educational and showcase the usage of user-defined types (UDT) or objects for Ultimate Oscillator. █ CREDITS TradingView █ FEATURES 1. Color of plot is based on contrast color of chart background. 2. Plot fill of overbought and oversold. 3. Support Multi Timeframe.
I know, not another EMA indicator, but I promise, I will make it worth your while! About this indicator: This is an EMA indicator, plain and simple. But its ultimate! And its ultimate in the sense that I have made it vastly customizable. I made this indicator as a boring, single line indicator that would allow me to toggle to whichever EMA / SMA I wanted on...
█ OVERVIEW This indicator as an educational and showcase the usage of user-defined types or objects (UDT) for Ichimoku Kinko Hyo or Ichimoku Cloud. █ CREDITS TradingView
RSI-CCI Fusion Strategy: Harnessing the Power of RSI and CCI The "RSI-CCI Fusion Strategy" is a powerful trading approach that combines the strengths of the Relative Strength Index (RSI) and the Commodity Channel Index (CCI) to provide enhanced trading insights. This strategy is based on the popular "RSI & CCI Fusion + Alerts" indicator, which utilizes the RSI...
The "RSI-CCI Fusion" indicator combines the Relative Strength Index (RSI) and Commodity Channel Index (CCI) from TradingView. RSI-CCI Fusion: Unlocking Synergies in Technical Analysis Technical analysis plays a crucial role in understanding market dynamics and making informed trading decisions. I often rely on a combination of indicators to gain insights into...
Library "Indicators" this has a calculation for the most used indicators. macd4C(fastMa, slowMa) this calculates macd 4c Parameters: fastMa (simple int) : is the period for the fast ma. the minimum value is 7 slowMa (simple int) : is the period for the slow ma. the minimum value is 7 Returns: the macd 4c value for the current bar ...
TrendingNow Indicator - An Experimental Study Introduction: The TrendingNow indicator is an experimental study designed to identify trending market conditions and potential trading opportunities. It combines various technical analysis tools and parameters to provide insights into trend direction, momentum, volume, and price reversals. Methodology: The...
Trendline Pivots The Trend Line Pivot Indicator works by automatically drawing and recognizing downward trendlines originating from and connecting pivot highs or upward trendlines originating from and connecting pivot lows. These trendlines serve as reference points of potential resistance and support within the market. Once identified, the trend line will...
Supertrend (ST) is a popular stop loss and trend identification script. The simplicity of seeing a clean trend on a chart makes it attractive, yet it is restricted by only allowing the source, length and multiplier to be adjusted, & these tend to have a limited effect on the properties of the identified trend. There is a wide variety of interesting ST scripts on...
This indicator seeks for a short term trend within a bigger long term trend and displays both in a channel with an extension lines (optional). Use of this indicator is quite simple: when the stock is near the trend line bottom (default RED) it can be a good time to buy and when the stock is near the trend line top (default GREEN) it can be a good time to sell....
DEVPRO Trading system comprises of the following: D - Double (EMA and VWAP) E - EMA V - VWAP (current and previous day ending VWAP level) P - Standard Pivot Point R - RSI (Multi-time frame table is added at the top and traders can add standard RSI 14 as an additional non-overlay indicator) O - OI data (not available for options trading in TV but trader can always...
█ OVERVIEW This library is a Pine Script™ programmer's tool offering the ability to compute relative values, which represent comparisons of current data points, such as volume, price, or custom indicators, with their analogous historical data points from corresponding time offsets. This approach can provide insightful perspectives into the intricate dynamics...
The Bullish Engulfing pattern occurs when the close is higher than the open, and scripts will look for this pattern by checking the difference in the close and open prices sufficiently in pips. Likewise, the Bearish Engulfing pattern occurs when the close is lower than the open, and scripts will look for this pattern by checking for sufficient difference in the...
This script defines a custom indicator called "Buy Signal Indicator." It calculates the 9-day Exponential Moving Average (EMA) using the ema() function. Then, it checks if the current candle closes above the 9 EMA and the preceding candle also closed above it with higher highs and higher lows. If these conditions are met, a green "BUY" label will be displayed...