This indicator highlights deviations from broadening formations (or megaphone patterns). Deviations from broadening ranges can often foreshadow reversals, especially in consolidation phases. These deviations are highlighted via trendlines that change color when tested, and also have the option to be alerted.
These broadening formations are heavily used with "The...
What is this Indicator used for?
Made specifically for GRID Bots
note: before continuing... this indicator works on any timeframe, but it WORKS BEST ON THE 15 MINUTE TIMEFRAME
Straters and Forex Master Pattern Value Line Traders use this to help determine when the price could reverse.
This indicator is a scalping indicator that produces signals when a...
This indicator is a combination of a few things in order to work with a unique trading style gleaned from Callme100k, jrgreatness, TrustMyLevels , FaithInTheStrat, Rob Smith and Saty Mahajan.
This Indicator is created to help you day trade using, ATR Fibonacci Levels, Price Action and Momentum.
It displays Fibonacci Levels Based on ATR to indicate when a...
This script shows how a higher timeframe candle evolves over time.
It was created as a visual aid to #TheStrat and provides a new way of looking at Timeframe Continuity.
HTF: Higher Timeframe selection with dropdown and ability to manually input a timeframe that is not present in the dropdown.
Label: Show a label with...
This indicator is an all-in-one " The Strat " script. This script displays the following:
The Strat candle numbers (1's, 2's, & 3's)
The Strat Combo labels along with trigger line
Pivot Machine Gun ( PMG ) dynamic labels
Hammer & Shooter candle labels
The Strat Candle Numbers label each candle, on any timeframe, either a 1, 2, or 3. 1's are inside...
The bread and butter of strat traders is multi-timeframe analysis. We do MTFA in 2 different ways: 1) By Looking for entries confirmed by Full Timeframe Continuity which is just another way of saying that on multiple timeframes, the candles currently forming are all uniform in direction(ie. all red candles or all green candles), and 2) Looking for Strat reversal...
This indicator is an all in one indicator for the "The strat" method by Rob Smith. This indicator DOES NOT provide trading advice or trade entry signals!
What is included:
* Candle Type 1 - Inside Candle
* Candle Type 2- Up or Down Candle
* Candle Type 3 - Engulfing Candle
* Strat signal:
- 2-1-2 setup
- 3-2-2 setup
* Full Timeframe Continuity:
- from a 5min...
Sara Strat Sniper 50% Rule Evaluator
This indicator is based on Sara Strat Sniper's - 50% Rule for trading Outside Bars and helps you to evaluate the historical success rate of that rule.
• You can choose to evaluate only the current bar to see if it forms an outside bar (success) or not (fail), but you can also...
Previous High/Low Levels
Select 5 Custom Timeframes to display the previous High and Low levels on your chart.
NOTE: For Levels to work correctly and for price labels to be displayed, Right-click chart background -> select Settings -> select Scales -> tick “Indicator Last Value Label".
Once indicator has been added open settings and select timeframe,...
This script identifies the 2 different Candle States for use in #TheStrat.
Candle Up - The close of the current candle is greater than the close of the previous candle.
Candle Down - The close of the current candle is less than the close of the previous candle.
Though this script is extremely simple it is a teaching aid for #TheStrat.
The script also assists in...
This indicator plots a table off to the right of the chart to help with determining timeframe continuity. Per the Strat, a great edge is only taking trades where full timeframe continuity is in place (i.e. if you are going long, make sure other timeframes are also green).
In this script:
Green candles have green colored boxes, red candles have red colored...
Have you ever wished you could easily see the daily magnitude line of a Strat Combo while on a smaller timeframe intraday chart? This indicator allows you to do that and much more!
This indicator does two simple things, but it does them very well. The first thing it does is draw a small horizontal line at the magnitude level of a Strat Setup (a...
This is my attempt to code up the rules of "The Strat." I've seen other scripts that do parts of what my script does, but this script combines all of them into one script and allows the user control over how they interact with each other.
What's in this indicator?
Show the Strat Candle Numbers (1 - inside bar, 2 - continuation bar, 3 - outside bar) on the...
This script builds on Candle Type w/2Up + 2Dn by incorporating signals for inside + up, outside + up, + rev strat set-ups. All of these can be turned off if they compete w/ other indicators or just clutter up the chart.
Briefly, the script works based on #thestrat developed by Rob Smith and the 1-2-3 bar script coded by @Crinklebine. Candle Type w/2Up + 2Dn is...