Often we need to see HA candles along with the regular candles, to stay longer in the momentum trades. Also the replay feature does not work on HA candles. This indicator does two things - 1) Prints a configurable number of HA candles on the chart. You can specify where they get printed by specifying a percentage. 2) Shows a green line when a Solid Red candle...
Title: OBV Oscillator Author: OsborneCapital The OBV (On Balance Volume) Oscillator developed by OsborneCapital is a distinctive variant from commonly published OBV indicators. This script capitalizes on the primary concept of the OBV, which is to cumulatively add or subtract the entire volume of each bar to a total, based on whether the closing price was higher...
The Stochastic Distance Indicator was created by Vitali Apirine (Stocks and Commodities Jun 2023 pgs 16-21), and this is a new method that measures the absolute distance between a price and its highest and lowest values over a long period. It uses the stochastic formula to create an oscillator using this distance value and smooths the value. Obviously, there is a...
The Giga Kaleidoscope GKD-BT Multi-Ticker SCSC Backtest is a backtesting module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ Giga Kaleidoscope GKD-BT Multi-Ticker SCSC Backtest The Multi-Ticker SCSC Backtest is a Solo Confirmation Super Complex backtest that allows traders to test single GKD-C Confirmation indicator filtered by both a...
The Risk-Adjusted Return Oscillator (RAR) is designed to aid traders in predicting future price action by analysing the risk-adjusted performance of an asset. This oscillator is displayed directly on the price chart, unlike other oscillators. By considering the risk-return relationship, the indicator helps identify periods of overvaluation or undervaluation,...
This indicator provides 10+ features all-in-one. Focusing on price action and Smart Money concepts, we have provided automated multi-timeframe features such as Market Structure(BOS / CHoCH) to identify trends, Fair Value Gaps to identify Imbalances, and much more. Pure price action analysis is a preferred strategy over indicators due to their lag and noise. Many...
The purpose of this indicator is to allow the user to build their own model. Each feature works cohesively together and depending on the filters you enable, the model gives less and more specific entries. This benefits the trader because they have complete control over the kinds of trades they want to take, while maintaining its automatic form. We want to be as...
The Adaptive Mean Reversion Indicator is a tool for identifying mean reversion trading opportunities in the market. The indicator employs a dynamic approach by adapting its parameters based on the detected market regime, ensuring optimal performance in different market conditions. To determine the market regime, the indicator utilizes a volatility threshold. By...
Weekly Range Support & Resistance Levels Description: The Weekly Range Support & Resistance Levels analyzes weekly ranges and takes the average range of the last 30 weeks (default setting). It also takes the average +/- a standard deviation, and creates support & resistance levels/zones based on the weekly opening price. The levels will update each week,...
Now with adjustable settings! Description: The MAZI (Moving Average Zone Indicator) is a slow updating moving average calculation of key high and low points in the market, which is a unique approach to sampling moving averages. The indicator tracks only the key candles that provide good information about price movement, which distinguishes it from other...
Now with adjustable settings! Description: The Multi-Indicator Confluence Signals (MICS) is a comprehensive trading tool designed to simplify the process of analyzing multiple technical indicators and uncluttering your screen! You are able to select various pre-existing indicators, including Stochastic, RSI, MACD, EMA, DMI, Bollinger Band and a our very own...
This script is designed to execute a trading strategy based on Heikin Ashi candlesticks, moving averages, and percentile levels. Please note that you should keep your original chart in normal candlestick mode and not switch it to Heikin Ashi mode. The script itself calculates Heikin Ashi values from regular candlesticks. If your chart is already in Heikin Ashi...
This is a very simple utility indicator. Shockingly nothing similar was available and I really needed something to quickly count period lengths by candles (to make adjustments to indicators based on a desired lookback timeframe), so I created this. I thought I would share it because chances are if I needed something like this, other people may need it, too....
90 minute cycle is a concept about certain time windows of the day. This indicator has two different options. One uses the 90 minute cycle times mentioned by traderdaye, the other uses the cls operational times split up into 90 minutes session. e.g. we can often see a fake move happening in the 90 minute window between 2.30am and 4am ny time. The indicator draws...
The "Output7" indicator is designed to guide traders in identifying potential buy and sell signals. This is achieved through the calculation of a custom indicator named `output7` and its derived moving averages. `output7` is defined as `c_1 - c_20 * (ohlcSq / hlSq)`. Here, `ohlcSq` stands for the square of the average of open, high, low, and close prices, while...
This indicator tracks the market structure by identifying the highest high and lowest low. It then calculates the area of interest by taking the average of these levels. Additionally, it calculates liquidity by dividing the volume by the range between the highest high and lowest low. Please note that this is a basic example, and you can modify and enhance it...
The Swing Volume Profiles indicator aims to calculate and highlight trading activity at specific price levels between two swing points; allowing traders to reveal dominant and/or significant price levels based on volume. By measuring traded volume at all price levels in the market over a specified time period, the script can also be used to detect some key...
Library "LibraryTimeframeHelper" Helper functions to work with timeframes: to get the next higher TF, and to make the string pretty for use in labels. Perhaps I'll add more later. f_getHigherTF(_TF) f_getHigherTF(): Converts the input timeframe into the next one up in the list of commonly used timeframes. NOTE: You can NOT use a TF from this function as...