Quantum Radar PanelOverview
One of the biggest issues trading any market is in keeping track of trading opportunities as they arise across all the various timeframes without having multiple monitors or charts open and this is where the Radar Panel steps in. Using TradingView’s Table function, we have incorporated a host of our leading indicators on the panel which can be applied to any timeframe and from which you can instantly spot opportunities as they arise whether in terms of trend, reversals, volatility, or volume. In addition, when using a scanner such as this, it also highlights broad sentiment if, for example, you have added currency pairs from the same matrix or a group of stocks from the same sector. And you can of course have multiples open across the various timeframes.
The Quantum Radar Panel is a powerful indicator that keeps track of indicator signals of up to 10 different symbols in real time. For each symbol, it can display the current signals of 6 Quantum Trading indicators namely:
Quantum Tick Volumes
Quantum Dynamic Price Pivots
Quantum Dynamic Volatility
Quantum Trends
Quantum Trend Monitor
Quantum Live Camarilla Levels
It can also display the current Open, High, Low, and Close prices of each symbol. Each indicator has 1 or more columns allotted to them to display information about their respective signals. Below we will discuss what each indicator does and how it displays its signals in the Radar Panel.
Tick Volumes
Volume is a powerful leading indicator, yet few traders ever take advantage of its awesome power. Why? Because identifying volume trends using the standard indicator can be confusing, and judging volume height even more so!
The Quantum Tick Volumes indicator takes a simple tool and makes it come to life! First, it paints the volume bar to match the candle. This makes it quick and easy to identify buying and selling volume with the associated price action.
Second, the Quantum Tick Volume indicator displays a dynamic mid-point, instantly telling you whether volumes are high, average or low in the session. No more guesswork! Volume analysis made simple – making it easy to spot profitable trading opportunities – fast!
In the Radar Panel, the Tick Volumes indicator displays 2 columns -Volume and Midpoint.
Columns
Volume– this column displays the current volume of the symbol and changes colors according to the sentiment of the current candle.
Midpoint – this column displays half of the highest volume bar within the current day and it is visible in intraday timeframes only
Dynamic Price Pivots
The Quantum Dynamic Price Pivots indicator could best be described as the Swiss army knife of trading. Power, simplicity and functionality all in one tool. Many traders struggle to identify reversal points based on price action alone. Why? Because you need to have a complete understanding of candlesticks, candles and candle patterns.
The dynamic pivot appears once a three-candle price pattern is created. This is one of the first signs of a possible change in sentiment, based on the price action alone. A pivot high in an uptrend, and pivot low in a down trend. So, whether you are trading long or short, the Quantum Dynamic Price Pivots indicator will instantly give you a visual signal to – pay attention! Powerful, yet so simple, and two indicators in one!
In the Radar Panel, the Dynamic Price Pivots indicator displays the last signal (isolated high or isolated low) and the number of bars since it was last seen.
Column
Last Signal – this column displays the last pivot arrow that appeared in the chart in the form of an upward (isolated low) or downward (isolated high) arrow and the number of bars since it was detected. The cell turns yellow when the arrow is seen in the last 3 bars or less.
Dynamic Volatility
Volatility can be both good and bad. Great for making money fast. Not so good when you’re on the losing side! But how do you know when a market is volatile. Is the price action you are seeing normal for that currency pair? And more importantly, what is normal?
The Quantum Dynamic Volatility indicator is designed with one objective in mind. To show you, dynamically volatile price action. You then decide, based on the price action, whether to wait, or take advantage. One of the hardest things to learn in trading, is when to stay out. The Quantum Dynamic Volatility indicator makes this child’s play – keep you safe. It could almost be called your safety belt!
In the Radar Panel, the Dynamic Volatility indicator displays the number of bars since a volatile candle was last seen.
Column
Last Signal – this column displays the number of bars since a volatile candle was detected. The cell turns magenta when the signal is seen in the last 3 bars or less.
Trends
All traders know that price is a leading indicator. Yet few traders ever discover how to correctly interpret the start of a new trend, or indeed the end of an old one. To add further complexity, markets spend over 70% of their time in congestion, moving sideways in a narrow range. The traders worst enemy.
What’s the answer? Step forward – the Quantum Trends indicator. With this simple and elegant indicator, dynamic trends are painted for you instantly and dynamically, in real time. In trading any market, you need to be quick on your feet, and the Quantum Trends indicator delivers in spades! But even better, not only will it signal your possible entry and exit, but it also signals a market in congestion – equally important. Knowing when to stay out, is just as important as knowing when to get in.
In the Radar Panel, the Trends indicator displays where the last trend dot is heading and the sentiment of the dot or the trend direction.
Columns
Dot – this column displays whether the current trend dot is going upwards, downwards, or sideways
Trend Direction – this column displays the sentiment of the current trend dot and its color
Trend Monitor
One of the hardest things to do in trading, is to stay in, and take the maximum profit from any position. You know how it goes. You get in and all is going well. Then the market reverses. You get frightened, and close out. What happens next?
Yes, you guessed it – the market reverses again and starts to move fast. Now it’s too late. You have missed out on some great profits, and are left wishing you had stayed in.
That’s why we developed the Quantum Trend Monitor. It does just that. It monitors the strength of the trend. It will help you stay in, when your emotion is telling you to get out. The Trend Monitor will give you the confidence, not just to stay in, but to take the maximum profit from each and every trade.
In the Radar Panel, the Trend Monitor indicator displays where the trend line (one of Trend Monitor’s 2 modes) is heading at and the current sentiment or trend direction.
Columns
Trend Line – in the indicator proper, the trend line shows the progression or steepness of the trend’s momentum, and this information is simplified as the direction of the line, whether it is going upwards, downwards, or sideways.
Trend Direction – this column displays the current sentiment and its color
Live Camarilla Levels
What is the Camarilla protocol, how does it work and what will it do for me?
Put simply it is a chameleon of an indicator and will appeal whether you are a more discretionary type of trader, making and taking decisions yourself, or if you prefer a more systematic or mechanical approach often associated with an EA for example. With the Camarilla levels indicator both approaches can be embraced and accommodated.
The Camarilla protocol has its roots in the open outcry trading pits, where traders considered floor pivots an essential tool. Based on these original ideas and incorporating the Camarilla equation we have developed a unique indicator which delivers clear and precise price-based support and resistance levels, which act as targets for profits, triggers for potential reversals, signals for possible breakouts, and finally stop loss placement. So, if you’re a swing or reversal trader, it’s the perfect indicator. Equally if you prefer breakout trading, again it’s the perfect indicator. And all with predetermined and clear levels for any price objectives and profit targets, with stop loss placement covered also.
In other words, a complete indicator, and one which is delivered with potential trading setups built in to help you see when key levels are being approached or breached. And to help you further when using the indicator, we have also included some simple messages to guide you as the various levels are approached and tested.
In the Radar Panel, the Live Camarilla Levels indicator displays the 12 Camarilla levels in descending order, R6 to R1 and S1 to S6, as well as the Analysis based on where the current price is situated among the 12 levels.
Columns
Analysis – this column displays messages that can guide you as the various levels are approached and tested.
R6 – R1, S1 – S6 (12 columns) – these columns display the 12 Camarilla levels calculated for the current timeframe and each one changes colors depending on the current price
OHLC Prices
Apart from the 6 Quantum indicators, the Radar Panel also displays the current OHLC prices of each symbol.
Open
High
Low
Close
Their color changes depending on the current price action.
With the portability of the TradingView platform, having the Radar Panel in your set of tools truly puts all the power of 6 Quantum indicators right at your fingertips. Get yours now.
Priceactionanalysis
TradeWiserBE_V1Price and Volume are the significant drivers in the market. They both come along to create supply and demand. As a trader, we should be knowing when the price levels on charts that tend to act as barriers, preventing the price from getting pushed in a certain direction.
It's often difficult to spot them with the eyes when you are typically new to the trading world. Hence this indicator came in handy. The indicator helps you to plot the key support and resistance areas on the chart which will guide you in making informed trades wiser.
Sometimes prices shoot however it may not have the significant volume to support the movement, basically faking the levels to trap traders, this indicator should help you in identifying those momentum candles. Have used moving averages and certain levels of volume spikes to identify and spot the candle strength.
Traders may also trade the diverges between momentum and the price vs volume. Helps you to spot the pure divergences and plots them on the chart.
wondering why after a certain level of price stretch during the day trading, it tends to act crazy, and all the price action strategy fails even after multiple confirmations. The majority of traders including self fail to read the chart the proper way. Hence it made me develop this indicator so that I can be sure of what is happening on the chart. ATR is used to calculate the plot the same.
If you are an options trader you may also use this indicator as a guide in order to estimate how much an option price would move at each level. Mathematical calculations are being used in order to arrive at the estimated option values.
This is a typical price action indicator plotting the key support and resistance on the timeframe traded
What it can do?
1. Early signs of reversal
2. helps you to decide when to enter and exit.
3. Day Range.
4. Option price estimates.
What calculations consist of?
1. ATR
2. Price stop and move points.
3. BBP
4. Averages
5. Mathematical calculations.
Narrowest N BarsThe indicator is inspired by Toby Crabel's work.
Originally 2-Bar NR pattern is defined as the narrowest range from high to low of any two day period relative to any two day period within the previous 20 market days.
However, this script allows user to look for N Bar narrowest range within user defined numbers of previous days
Settings are as follows:
1. N Bars - sets number of bars in range
2. Lookback period is self-descriptive)
The last bar in the narrowest range is marked with N
STC Price Action ZoneHow this works:
This Indicator looks to identify patterns which shows high movement area which may have occurred due to big orders at that time. It helps to Identify Price Action Zones where we may anticipate some reverse move. These Zones & Moves are helpful for Traders.
Buying Zone is below current Market Price. It indicates Price Action area where Buyers overpowered Sellers hence there was big Leg out Candle. This zone may again give buying momentum if Price comes back to that level. As a Trader one may take opportunity enter into the Trade on Bullish Side.
Selling Zone is above current Market Price. It indicate Price Action area where Sellers overpowered Buyers hence there was big Leg out Candle. This zone may again give Selling momentum if Price comes back to that level. As a Trader one may take opportunity enter into the Trade on Bearish Side.
DISCLAIMER:
This indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
It is strongly recommended that you should get full knowledge of how price actions work and wait for the clear indications before attempting.
TH-Long & ShortThis indicator will help in identifying the reference candles for taking entry into the trade.
These reference candles are been named as LONG & SHORT Candles for easy understanding.
LONG Volume Candles - are reference candle for taking long positions.
SHORT Volume Candles - are reference candle for taking short positions.
Color Coding of Volume Candles:
LONG CANDLES - GREEN
SHORT CANDLES - RED
NEUTRAL CANDLES - YELLOW
LOGIC behind this implementation:
LONG candle:
In order to take long position we need to identify the price level, wherein we can anticipate the price is likely to get reversed along with increase in volume w.r.t previous candle.
Once this identified candle high price is taken out by any consecutive candles on closing basis, we get more confirmation of possible bullish price reversal. Hence the indicator tries to mark those volume candles as LONG candles (Green) where in the volume has increased from the previous candle along with the price increase on upper side.
SHORT candle:
In order to take short position we need to identify the price level, wherein we can anticipate the price is likely to get reversed along with increase in volume w.r.t previous candle.
Once this identified candle low price is taken out by any consecutive candles on closing basis, we get more confirmation of possible bearish price reversal. Hence the indicator tries to mark those volume candles as SHORT candles (Red) where in the volume has increased from the previous candle along with the price decrease on lower side.
NEUTRAL candle:
The price are trading in a range with no significant change in volumes too, these candles can be ignored as possible triggers for position entry. The indicator marks these volume candle as NEUTRAL candles (Yellow) which can be ignored.
HOW TO USE THIS INDICATOR:
First & more most this is not a buy/sell kind of indicator. As explained earlier, they help in identifying the possible price reversals.
We need to first identify your supply and demand zones and then use these signals as an extra confirmation for taking positions.
LONG Positions:
Wait for possible green volume candle formation, once formed mark the high of the corresponding price candle. On breach of that price on closing basis by any consecutive candle, we can look for possible long position.
SHORT Positions:
Wait for possible red volume candle formation, once formed mark the low of the corresponding price candle. On breach of that price on closing basis by any consecutive candle, we can look for possible Short position.
Friends,do use the indicator and give your valuable feedback.
Traders Hedge - Pro with AlertsDear Traders,
"You can't connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future." ~Steve Jobs
This quote from Steve Jobs, explains the very essence of this indicator.
Trading is Simple, Why make it complicated. ~ Ravi Chandran
The main motto building this Traders Hedge - Pro indicator is to equip retail traders with a multi purpose tool which in itself will act as a complete trading setup.
This indicator will help you in understanding the market structure and planning your possible entries & exits well in advance.
The indicator & setup is independent of time frames & will work for all trading instruments.
Traders Hedge - Pro Indicator with Alerts you can also set Alerts on your favourite scripts and time frames, to get notification when a Demand or a Supply Zone is created or any Price rejection is formed.
List of all the features is provided below.
1. Trade Type - A quick auto setup for Intraday or Swing trades
2. CPR - Identifies the market structure and helps to plan mean reversions trade setups
3. Weekly Support & Resistance - Automatically identifies and displays the higher time frame support & resistance levels
4. Price Action Triggers - Alert with a trigger symbol shown on the respective candle where a possible price reversal is expected
5. Targets - Plots the possible Major & Minor targets, which helps in planning our possible profit booking & stop loss zones
6. Developing Pivots - Plots the price mean reversion zones for the upcoming trading session
7. Supply & Demand Zones - Plots the demand and supply zones by changing the color of the candle
8. Dynamic Dz & Sz Price Tracking - It dynamically identifies and plots the support & resistance levels
9. Opening Range - Plots the identified opening range on the chart
10. PEMA - Helps in visualizing the trend and also acts as a dynamic support & resistance levels
To set Alerts follow the steps provided below.
1. Go to the symbol chart and select the time frame on which you want to set Alerts.
2. Select Alerts Tab and click on Create Alert, shortcut key Alt+A
3. In Condition Select the option “Price Rejection Alerts“ or “Zone Alerts“ for which you want the alerts to be shown
4. In Options, select Once Per Bar Close
5. Select expiry as per your preference or keep it open-ended
6. Select Alerts Actions as per your preference
7. Alert name is optional
8. Default message is “Price Rejection Alerts“ or “Zone Alert” and can be modified
9. Click on Create and in the warning window select Continue Anyway
How to get the indicator:
To know more about the indicator & to download please check the link in the signature below.
Once you have active alert, you will keep getting notification whenever a Price rejection or new Demand / Supply zone gets created in the identified symbol and time frame you have selected.
Please do feel free to use the indicator and give your valuable feed backs which will help me in optimizing it to a great extent.
I would love to thank each of the traders in this Trading View community in helping me improve on my trading skills.
Happy Trading!
Accumulation & Distribution DetectorThis indicator lets us to automatically detect and mark strong and clear Price Action levels in which there were Accumulation and Distribution phases in any timeframe.
This Accumulation and Distribution is associated with a laterality in the market and they are usually important price levels to take into account for either future Price Action trades in Supports and Resistances or in Supply and Demand levels since they are usually turning points in the market.
This indicator, unlike other existing ones, allows us to adjust through the parameters both the level of demand and the size of these candles regarding the ATR and the size of the candle itself. The tighter we are, the fewer candles marked there will be and, therefore, the desired level to trade will be more powerful and stronger.
Note : The order of elements on the chart must be configured so this indicator should be above the candles, otherwise it will not be displayed correctly.
Este indicador nos permite detectar y marcar de forma automática los niveles fuertes y claros de Price Action donde ha habido fases de Acumulación y Distribución en cualquier marco de tiempo.
Esta Acumulación y Distribución se asocia a una lateralidad en el mercado y suelen ser niveles de precio importantes a tener en cuenta para futuras operaciones de Price Action en Soportes y Resistencias o sobre niveles de Oferta y Demanda ya que suelen los puntos de giro en el mercado.
Este indicador, a diferencia de otros existentes, nos permite ajustar mediante los parámetros el nivel de exigencia y tamaño de estas velas con respecto al ATR y el tamaño de la propia vela. Mientras más estrictos seamos, menos velas marcadas habrá y más potente y fuerte será el nivel deseado para operar.
Nota : Se debe configurar el orden de elementos en el gráfico para que el indicador esté por encima de las velas, de lo contrario no se visualiza correctamente.
Parameters Settings / Parámetros Ajustables:
MAX Body size vs Full Candle (%) : Max body vs Full Candle size percentatge required, default 50% / Porcentaje Máximo Permitido para el tamaño del “Cuerpo” sobre el tamaño completo de la propia vela, por defecto 50%
MAX Candle Size vs ATR (%) : Max candle size vs ATR percentage required, default 70% / Porcentaje Máximo admitido para el tamaño total de la vela con respecto al ATR, por defecto 70%
ATR Length : Candles Number to calculate ATR average, default 30 / Cantidad de velas para medir el ATR, por defecto 30
Use ATR filter? : We can activate or deactivate the ATR calculates, default activated / Podemos anular el cálculo sobre el ATR y hacerlo normal, por defecto activado
Color Settings / Colores Ajustables:
Print Char : Char and Color printed in candle / Símbolo y Color que dibuja sobre la vela detectada
Volume histogramThis volume indicator detects and paints with different colors up to 3 ranges of volume level necessary to identify the price zones where large investors act and trade with the price and volume's strategy.
It will be easier and faster for you to identify the important volume levels in order to apply them to your trades.
The greater difference and advantage over other existing volume indicators are the following:
Parameters may be adjusted to the quantity of candles which are necessary in order to calculate the average volume, and to the percentage which the high volume should be regarding the average volume for each candle.
It paints in 3 different colors: high volume, medium volume and low volume; the visual control is better with the size of the volume.
It is possible to set as many alerts as you need in order to let you know when the desired volume level is reached.
Este indicador de volumen detecta y pinta de color diferente hasta 3 rangos de nivel de volumen necesarios para identificar las zonas de precio donde actuan los grandes inversores y operar con la estrategia de precio y volumen.
Te será más fácil y rápido identificar los niveles importantes de volumen para aplicarlos a tus operaciones.
La gran diferencia y ventaja con respecto a otros indicadores de volumen existentes son tres.
Puedes ajustar los parámetros sobre qué cantidad de velas tiene en cuenta para calcular el volumen medio, y cuanto porcentaje debe ser el volumen alto con respecto al volumen medio para cada vela.
Te pinta en 3 colores diferentes el Volumen Alto, Volumen Medio y Volumen bajo, teniendo mejor control visual en el tamaño del volumen.
Puedes colocar tantas alertas como necesites para avisarte cuando llegue al nivel de volumen deseado.
Parameters Settings / Parámetros Ajustables:
Highest vs Average Vol Size (%) : Highest Volume Size vs Average Volume, default 200% / Tamaño del Volumen Alto con respecto al volumen Medio, en porcentaje. Por defecto, 200%
Vol Average Length : Candles Number to calculate Average Volume, default 500 / Cantidad de velas para calcular el Volumen Medio, por defecto 500.
Color Settings / Colores Ajustables:
Color 0 : Highest Volume, Above a % Average Volume
Color 1 : Above Average Volume
Color 2 : Below Average Volume
BreathEasyVolumeAnalysisOutline of Indicator:
Purpose of this indicator?
Main purpose of building this indicator is to help traders who refer Current Month Futures to look for the volumes while they trade on the Index chart, with some added analysis on the volumes.
What it CAN DO?
Traders rely on volume as a key metric because it lets them know the liquidity level of an asset, and how easily they can get into or out of a position close to the current price, which can be a moving target.
Hence I have used some two of powerful indicators to help supporting the volume analysis which is OBV indicator and the Price Volume Trend indicator. Calculations are bit modified to fit best as per the Leniear Regression Box.
Note: Source has been set to Nifty Current Month Expiry Future. If you are a BNF trander source has to be changed manually using the Settings.
Feel free to PM me for any further information.
Regards,
BreathEasy
PP AIO Dynamic ZoneAs promised i present you Version 2 of the Dynamic Zones.
PP Dynamic Zone with Additional features included as follows.
1. CPR
2. Camarilla Pivot and Level 12
3. On/off switch enabled for Camarilla L3,4 and L5,6 which can be exclusively used for L4 breakouts sessions.
4. 3 EMA configured with 20,50,200 Exponential moving Average.
5. Exclusive Moving average can be enabled on demand like SMA, EMA, TEMA, Smoothed EMA, Hull Moving Average, Super Smoothed Moving Average and more.
Features Removed
1. Monthly Dynamic Zone
FAQ .
1. Open the indicator setting page.
2. enable the featured which you would like to enable. check boxes with Show.......
3. if values for the indicator need to be passed or hanged you can do.
4. CPR have check boxes to hide or show R 234 or S234
5. Camarilla Pivot have exclusive checkboxes to show only L3,4 and L5,6 which can be used for Breakouts strategies.
Usage :
Method 1 :
Use CPR / Camarilla for entry and exit points can be decided according to the Dynamic zones.
Method 2 :
EMA breakout or 20,50, 200 crossover and exit at Dynamic zones on either side.
Method 4:
Use Additional EMA system and buy or sell using price action based on MA and levels with dynamic zones.
Hope you all enjoy this system and get benefited.
Swing Index System - Heiken Ashi Pivot Breakout StrategyFor Educational Purposes. Results can differ on different markets and can fail at any time. Profit is not guaranteed.
This only works in a few markets and in certain situations. Changing the settings can give better or worse results for other markets. This is a breakout strategy that uses the heiken ashi bars to find the support and resistance levels or the swing pivots to try to objectively find a breakout. When the price breaks out of a swing pivot, breakout can be confirmed and a strategy can be made. The trade exits as soon as in profit when the heiken ashi bar changes color, when the price swings start to slow down, or when the price breaks below a swing pivot. There might be many strategies and possible ideas that can be made just from knowing where the swing pivots are alone. For this one, I decided to try to emulate Wilder's Adam Theory approach by entering only a specific criteria when it makes new highs or lows that I experimented with. The Swing Index System seems to be similar to what he describes in his book (or perhaps it is the same thing).
Some say that price is the ultimate indicator, but not many really know what that really means. This is yet another approach to try to interpret what that means. This strategy only contains a piece of the complete breakout and trend strategy approach of the Adam Theory and won't be profitable in every market under every situation. This does not include price patterns that the Swing Index System is said to be able to find such as chart patterns, wedges, tops/bottoms, etc. This only includes the small breakout portion requirement in the book. I included specific entry and exit criteria to make the strategy work well that involves nothing but the price action of the swing points only due to the lack of the other missing pieces. It does not contain the missing pieces. Despite this, it can still help find where breakouts might be in an objective matter using the Swing Index System as a standalone trading system and it doesn't involve lookbacks or anything but price alone.
DePriExchange weighted price for cryptocurrencies
DECENTRALIZED PRICE CHART FOR DECENTRALIZED WORLD
See non-manipulated , globally price action that comes from whole liquidity!
The main idea behind this script is that...
The value of each trading pair finally determined globally and the price displayed in exchanges is its own and not global! differences between exchanges, reduced to near zero gradually by market makers and arbitrages, so..
Every min tick price changes Must be backed by liquidity to be part of the global fluctuations
more liquidity gives it more credibility
more credibility give it more weight
..Against opposing movements.
This script can collect price of crypto pairs from 12 exchanges that listed on TV and have effective volume.
In the first step, summarizes the volume of all exchanges and creates the total volume
In the next step, divide each exchange volume to total volume to obtain relative weight of each exchange.
In the final step, multiply each exchange price to weight of itself and summarizes these numbers .. now, we have Exchange weighted price!
The results on high liquidity pairs like BTCUSDT, ETHUSDT, is not much differ then simple chart but when you apply it on lower liquidity, lower time frames of altcoins, you realize its benefits and usefulness. Altcoins chart in composite and simple mode is very differ, I hope you enjoy from TRUE CHART.
With this, also you can..
Filter and smooth candlestick chart with SMA or EMA
Plot a line chart of pair at your desired frame separate from the main chart for monitor important price levels
Get realtime report of whole volume of pair on included exchanges
Get realtime report of each exchange weight and share
Note.1:
some of pairs queted on more than one like BTCUSD, BTCUSDT, BTCUSDC and etc. In this pairs we choose the one that usually has more volume on that exchange.
Note.2:
At this time, supported queted currencies are BTC, ETH, USD, USDT, BUSD, USDC, USDK.
Note.3:
This script is relatively heavy! This is not cuz of bad coding.
Each bar compution contains at least one plot and some of security calls, so 10 to 15 seconds is normal load time.
Note.4:
You can combine this with your price action base scripts and use balanced OHLCV. The necessary explanations about this are available in the code.
Note.5:
You must only include exchanges that support your ticker, Otherwise you will receive an error.
I hope it comes useful to you.
Angle & Price FlowThis is a simple end of the day indicator based on open and close values.
Angles:
Identifying narrow angles helps to find breakouts
Maximum angle = High chance of reversal
Minimum angle = Chance of breakouts on the next day or upcoming days.
Price Flow:
I personally use price flow to simplify the flow of candlestick chart and to identify breakouts using rounding bottoms and rounding top patterns, sharp corners for reversals.
Features:
Multi time frame
Labels
Hide previous period
Combine it with other indicators for better result.
APW Price ActionThis script uses floor pivots and a VIP level which is very important level from Price action point of view. These levels act as strong support and resistance levels. I Mainly use this for Banknifty:NSE but these can be used across any instrument which is can be traded. This script will be upgraded further with more price action concepts.
PivotBoss-ThyagarajThis script helps in plotting multiple price action tools useful for a intraday/positional trader.
1- It can Plot opening range breakouts ( ORB ) and can customise the opening range starting from 1 min to 60 mins as you wish.
2- It can plot historical opening range breakout levels.
3- It can plot multiple timeframe (Daily/Weekly/Monthly ) CPR lines and future CPR levels.
4- It can plot the multiple timeframe camarilla or standard pivot point s.
5- It can highlight multiple bearish and bullish candle stick patterns.
6- It can plot short,medium and long term simple moving averages .By default I have set it as 20,50 and 200 sma.
7- It can colour the candle body based on candle body ratio to 14 period ATR.
8 - Each and every tool can be used individually or in combination of one another as per the users comfort.
9- All the tools can be formated as per the users choice... I have considered dark theme while setting the present colours.
Please use and provide your feedback .
Good Luck and Happy Trading...
Narrow Range Candle IndicatorThis is a script which identifies the Narrow Range Candles or the Base Candles.
This scrip do not change the color of the Base candles but identifies them, hence any Gap between the Base Candles are not omitted. Gaps are extremely valuable information while trading based on Price Action.
So, we will have all the valuable information while analyzing the chart like Gaps, as well as, it will also help in identifying the Price Action Zones...
Price Action - Level/Zone (Expo)Price Action - Level/Zone (Expo) indicator identifies buying and selling pressure that has an impact on the price movement. This is visualized by a Zone, or Levels or with Barcolors depending on which settings are used.
Depending on the selected settings the indicator can identify buying and selling pressure which pushes the price further in the trend direction and it can show exhausted buyers/sellers which is seen in reversal points.
HOW TO USE
1. Use the indicator to identify buying and selling pressure.
2. Use the indicator to identify exhausted buyers and sellers.
3. Use the indicator to identify reversal points, pullbacks, or trend shifts.
4. Use the indicator to buy/short-sell breakouts of the zones.
5. Use the indicator to buy/short-sell when the price re-test the zones.
-> Try the indicator on Heikin Ashi Candles , but it works as good at any type of candlestick, bars, Renko, or line break.
INDICATOR IN ACTION
4 hour chart
4 hour chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
Buy Sell SignalsWill be making more enhancements to the Buy Sell indicator in the coming days..
The main idea of the indicator is to pick up small but powerful ups and downs in the market.
I personally use 1 min Time Frame as it works the best for me. These are quick entries, you can either exit quickly or trail your stoplosses for a nice profit.
The design is to provide possible entry points. It is not designed to provide you with Exit points.
Also added the Current Day High & Current Day Low (CDH & CDL can change when new highs or new lows are made in intraday).
PDH & PDL denotes the Previous Day High and Low (these are static lines that do not change)
This gives you a sense of how the day is moving.
Please do your own analysis before you take up entries. Trade at your own risk..!
Time Frame: works best in intra day time frames like 1 min, 3 min and 5 mins
Signal:
Possible Long Trend: Background color is GREEN, there is a high possibility that the price would shoot up
Possible Short Trend: Background color is RED, there is a high possibility that the price would take a nose dive
A continued GREEN or RED background does not indicate a fresh entry, it merely shows that the conditions still haven't changed.
Risky traders can still take up a new position or add to their positions when there is a continuous same color - GREEN or RED
When there is no background color, it means that not all conditions are met to give a clear direction. In short the view is neutral.
Recommended Stop Loss or Take Profit:
I personally use 0.5% as the SL and 0.5% as TP. You can use multiples of 0.5% to keep trailing your profits. I've seen some very good results with this. By default, 0.5% for both SL & TP is shown with a grey dotted line for both the Long positions and Short positions.
Alternatively, you can also use the Resistance levels and Support levels as your SL and TP areas too.
Do backtest and find your sweet spot.
Good luck..!
Special Momentum Oscillator
This is my proprietary momentum oscillator indicator.
It is an indicator that seeks to track the momentum of price actions.
When the oscillator is above zero, it is interpreted to reflect upwards price momentum.
Likewise, when the oscillator is below zero, it reflects downwards price momentum.
Additionally, there are overbought and oversold zones at 10 and -10 respectively.
When price action reaches these extremes, there is a likely tendency for a reversal.
The slope of the indicator can also be used to identify the general price trend.
The indicator has customizable alerts, and you can also set it to show buy/sell signals.
Please try it out and let me know what you think! :)
Cuban's Price Action ChannelThe latest in the indicator series tailored to discretionary traders.
This script draws a channel by using the highs and lows of previous timeframes. The H1 and H4 fill is extremely useful for taking low timeframe front-side reversals in a ranging environment, while providing high timeframe levels to take profit at, and plan your next trade.
I believe this script provides a solid fundamental price action understanding and foundation to anyone's discretionary trading setup.
2HH2LL formationPrice action formation like a confirmation to get in to the trade. Based on 3 candles.
2HH formation= High-> higher high-> open above and close below high of the first bar.
2LL formation= Low-> lower low-> open and close above low of the first bar.
Intelligent Price Action - Movement Up (Expo)Intelligent Price Action - Movement Up (Expo)
DESCRIPTION
Intelligent Price Action - Movement Up (Expo) identifies important up movements that have an impact on current price characteristics. The indicator is visualizing buying pressure! These price patterns are valuable insight when trading the market.
This indicator response faster to price movement and is more focused on detecting buying pressure rather than exhausted buyers.
• Buying pressure is seen in reversal points.
• Buying pressure can be seen when the buyers are exhausted.
• Buying pressure can be seen in positive breakouts.
HOW TO USE
1. Use the indicator to identify buying pressure.
2. Use the indicator to identify reversal points.
3. Use the indicator to identify exhausted buyers.
4. Use the indicator to identify breakouts.
Combine the indicator with ‘ Intelligent Price Action - Movement Down (Expo) ’ or with my other Price Action indicators.
INDICATOR IN ACTION
EURUSD
BTCUSD
BTCUSD
GOLD
WALL STREET
WALL STREET
BTCUSD
EURUSD
The indicator works with RENKO, HEIKIN ASHI and with KAGI charts as well.
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
Intelligent Price Action - Movement Down (Expo)Intelligent Price Action - Movement Down (Expo)
DESCRIPTION
Intelligent Price Action - Movement Down (Expo) identifies important down movements that have an impact on current price characteristics. The indicator is visualizing selling pressure! These price patterns are valuable insight when trading the market.
This indicator response faster to price movement and is more focused on detecting selling pressure rather than exhausted sellers.
• Selling pressure is seen in reversal points.
• Selling pressure can be seen when the sellers are exhausted.
• Selling pressure can be seen in negative breakouts.
HOW TO USE
1. Use the indicator to identify selling pressure.
2. Use the indicator to identify reversal points.
3. Use the indicator to identify exhausted sellers.
4. Use the indicator to identify breakouts.
Combine the indicator with ‘ Intellilligent Price Action - Movement Up (Expo) ’ or with my other Price Action indicators.
INDICATOR IN ACTION
EURUSD
EURUSD
BTCUSD
BTCUSD
GOLD
WALL STREET
WALL STREET
EURUSD
BTCUSD
BRENT
The indicator works with RENKO, HEIKIN ASHI and with KAGI charts as well.
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
