Big credits again to TradingView User @Fred6724 to develop this tool on my behalf to our community. How can one measure stock price extension? In my view, decision-making in the trading business should rely on quantifiable data. A method I personally employ for scaling out and taking partial profits involves setting a threshold based on the multiple of Average...
Hello everyone! I am excited to release my trend correlation heatmap, or trend heatmap for short. Per usual, I think its important to explain the theory before we get into the use of the indicator, so let's get into the theory! The theory: So what is a correlation? Correlation is the relationship one variable has to another. Correlations are the basis...
The " Algorganic Buy / Sell / X-Exit Signal " indicator is an Algorithmic Machine Learning-based superpack indicator that generates buy and sell signals for trading in financial markets. It is packed with conditional statemnets and filters to avoid false signals and utilizes Nearest Neighbors Model (NNM) algorithm with a distance metric to determine the direction...
Divergence Screener This script allows you to scan multiple assets and timeframes for bullish and bearish divergences based on the RSI (Relative Strength Index) indicator. Features Supports up to 40 different assets and timeframes for simultaneous scanning. Customizable settings for RSI period and source. Adjustable lookback periods for identifying...
Designed with the help of TTrades and with inspiration from the ICT Everything indicator by coldbrewrosh, the purpose of this script is to identify ICT Killzones while also storing their highs and lows for future reference, until traded through. There are 5 Killzones / sessions whose times and labels can all be changed to one's liking. Some prefer slight...
The Price Delta Heatmap is an indicator designed to visualize the price changes of an asset over time. It helps traders identify and analyze significant price movements and potential volatility. The indicator calculates the price delta, which is the difference between the current close price and the previous close price. It then categorizes the price deltas into...
Hello Traders, Easy Trade Pro is a comprehensive tool that combines multiple technical indicators into a single customizable one. This tool is the culmination of an extensive trading career, it is designed to help traders navigate the markets in any timeframe and financial asset, like Equities, Futures, Crypto, Forex and Commodities. Before we deep dive into the...
This indicator shows, when important liquidity pools have been taken out. Which liquidity pools are important and how should I use them? The day can be divided into different session. asia, london and new york session, those sessions can be narrowed down even further into killzones, taught by ict. The times for those killzones are: Asia - 2000-0000 ny...
This indicator is based on multiple parameters such as the Open, High, Low, and Close of candles. We add confluences such as SMMA crossovers, engulfing candles, and the number of pips that it has moved from it. The main parameter is the DFS (Distance from SMMA). This will adjust the number of signals you'll get. This parameter is calculated based on the Open...
The provided Pine Script code is an indicator script designed to identify and display flat tops and bottoms on a price chart. Inputs: showFlatTops (boolean): Determines whether to display flat tops. showFlatBottoms (boolean): Determines whether to display flat bottoms. enableAlerts (boolean): Enables or disables alerts for flat tops and bottoms. ...
Hello guys This script follows traditional technical indicators MACD, ADX, RSI and pivot points If the price is above the resistance and the MACD has crossover ,and the RSI 14 is above 50 ADX is higher than 20, and DI+ is higher than DI-. This is a buy signal and vice versa for a sell signal The script moves the stop loss to the entry price after the first target...
Releasing this utility indicator I made for myself and thought others may find it helpful. It is a simple currency conversion indicator. I personally trade both the TSX and the NYSE and hold both CAD and USD. As such, when I take positions in either or, I like to track how the currency I hold is affecting my position. What the indicator does: So, as indicated...
The Average Daily Range (ADR) is a common metric used to measure volatility in an asset. It calculates the average difference between the highest and lowest price over a time interval – normally five days. The Inner Circle Trader teaches the importance of this metric from an algorithmic point of view; in particular the 1/3ADR price level is deemed to be a...
The RSI Dot Party indicator displays all RSI lengths from 1 to 120 as different colored dots on the chart. 🔶 Purpose Show the reversal point of price action to time entries and exits. 🔶 USAGE When a dot displays it is a indication of the reversal of the price/trend. The larger the dot the more likely it is to reverse. The Default settings generates...
Please, enjoy your new game changing tradingview indicator, may I present you: the Smooth Trail (first version). The Smooth Trail is an indicator that works just like a super trend, but it has a completely different usage and potential. The super trend works following the price and displaying a line that uses the ATR to determine how far it has to be from the...
The Bitcoin Limeted Growth is a model proposed by QuantMario that offers an alternative approach to estimating Bitcoin's price based on the Stock-to-Flow (S2F) ratio. This model takes into account the limitations of the traditional S2F model and introduces refinements to enhance its analysis. The S2F model is commonly used to analyze Bitcoin's price by...
This indicator gives the user an easy way to check the conditions of the market. Up market should be good for breakout traders. Down market should be good for breakdown shortsellers The others should be good for pullback buyers. This script automaticlly check which index should be used for the depending on which ticker is view. If no match is found indicator will...
- Overview Open interest flow detects inflows (positions opening) and outflows (positions closing) using open interest and estimates delta (net buyers/sellers) for the flows. Users are able to choose any open interest source available on Tradingview, by default set to BTCUSDT OI fetched from Binance. Using historical open interest flows, bands depicting typical...