This is a custom Algorithm that is highly adjustable for how aggressive you want the signals to be. This script incorporates moving averages, volume , money flow , and trend reversal prediction. I have included a very smooth trend line that is color coated for the trend. Each toggle allows you to add more restrictions to the buy and sell signals to be more...
Magnetic Zones v1.1 Beta This is one of the most powerful and effective indicator which I personally use for Intraday. It works well for trending stocks and trending days. What are the Zones? The zones are basically Retracement and Reversal Zones. The price will take a halt at this zones. So it will be easy to take an entry. How to use? Labels: ...
The MA cross is probably one of my favourite strategies because of its simplicity but it often gets overlooked for more complex strategies. The original author of this script is ChartArt, I have just added some extra controls and functions which are outlined below. I would just like to add that this is my first published script, everything I have learned about...
Studies Used: We have used different type of moving averages and average true ranges in this indicator. Usage: It can be used for scalping and Intra-day trading. It works on all time frames and Scripts. It provides easy to visualize multiple information: 1) It gives the correct Entry on Time. 2) Fake trends are shown on purple color of trend line . 3) It gives...
Level: 2 Background A simple moving average (SMA) calculates the average of a selected price range, usually closing prices, based on the number of periods in that range. A simple moving average is a technical indicator that can be used to determine whether an asset price is holding a bull, a bear, or is reversing. The bias shows the moving average rate of...
This indicator adds to the functionality of Tr0sT's Zig Zag High Low Indicator by adding the RSI value above the higher-high to eyeball whether the current trend (signified by consecutive higher-highs and higher lows or consecutive lower highs and lower lows) is strengthening or weakening. THEORY / METHODOLOGY: If the uptrend is strong, the later pivot high...
The Rate Of Change Divergence indicator is used to identify a possible Bullish Trend Shift. The rules are: 1. ROC(10) is rising. 2. ROC(30) is falling. 3. RSI(14) < 50 When all the rules are triggered this is indicated with a blue circle below the candle. Note that this doesn't give you a Buy signal; you also have to get a confirmation from the price graph, e.g...
Welcome back everyone, It's been a while since our last post. In recent months we have worked on all kinds of projects, but more on that later. In the meantime, we also received a lot of positive feedback about our original 'The MATRIX: Ultimate Crypto Position Strategy' script. One of the many requests was whether we could release an alert version. However,...
Version 1.0 of our PT High Low indicator helps create a visual for the Daily, Weekly, Monthly & Yearly range. These levels will give you an idea of where the price can react if reached. Consider them pivotal areas. We included a toggle that will help you go between the candle's High/Low to the candle's Open/Close. Both features are unique when scalping & swinging....
Adaptive momentum indicator that uses the NEW Dynamic Length Arguments! Shows how to use volatility to shorten or lengthen the momentum period. Based on pinescript blog example but with my own modifications. Bright Green: Sharp movement above zero line Bright Red: Sharp movement below zero line Light Green: Slower movement above zero line Light Red: Slower...
EXPERIMENTAL: Inverted slope of SR pivots to mark the fracture point of slope.
"It has never been easier to find high probability trades" Reversal Bands & Zones (Expo) is an algorithm that analyzes the market in real-time and identifies reversal points, key market zones, and trends. The advanced and unique reversal bands act as support & resistance zones, and together with the trend tracking feature, it serves as a trend confirmation....
This is another version of the Ichimoku Clouds indicator where I have added logic to evaluate the current chart as either Bullish, Bearish, or Mixed, depending on 4 factors: 1. Is the price above/below the cloud? 2. Is the conversion line above/below the base line? 3. Is the lagging span above/below the cloud? 4. Is the rightmost cloud green/red? If all...
Plot high and low of first candle from the current timeframe. The levels are adjusted automatically when the timeframe is changed. Trade breakout in either direction with other as a stop loss. Can be used for any instrument.
///////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// ADOL_Scouter(아돌 스카우터) current version : signal ver1.5 history)) // 2020.09.13.ver1.0 Long / Short / Branch signal // 2020.09.16.ver1.1 or higher transaction volume detector banker function added // 2020.09.18.ver1.2 Addition of trend...
NKP BNF Scalper V1 is an indicator. It will work only on NSE - BANK NIFTY Futures it was designed based on proven intraday strategy. It will plot buy / sell signal and SL line in live market based on custom calculated information about entry points at close of the candle. Buy/ Sell signal is the best entry point but you can enter at the next candle. we can see...
This script was inherited from "GAP DETECTOR" by Asch- and the modified version is being published with consent of the author. This script identifies gap up or gap down between candle bodies (for the selected time frame). The original script has been reworked to consider Open/Close instead of the High/Low. It identifies "Gap" up/down and indicates them with...
Just another linear regression tool to play with :) I have to say that linear regression is one of my favorite indictor so i just try to play to show how its we can make it smarter:) the dashed lines are represent linear regression clone with high low and mid level shown. the blue thin line show longer trend projection the trend is option that can use for shorter trend