█ OVERVIEW After some chart measures, I noticed that if we took the difference between fast and slow Moving Average lines and apply the Fibonacci ratios, we get a very reliable support and resistance level for each bar. So, I made this script to help me (and anyone who wants to use it) know where we should close or put stops in our orders. █ HOW TO USE IT:...
// ========================================================================// This script is meant to help you save a lot of time plotting your Gann Boxes and Cycles correctly and accurately. This is a recoded version of "Gann ToolBox V1.5/1.7" This script allows you to scale your boxes and square them with a simple input in the script's settings "$ per...
Consolidation Range Analysis Published by Eric Thies, January 2021 █ Indicator Summary This tool calculates, analyzes and plots the visualization of a relative range over a given period of time By adding to charts, users are enabled to see the impulsive nature of market cycles, along with their efforts to consolidate thereafter The default...
Some Previous Day Levels (High, Low, EQ) and the daily open. This are usefull S/R Levels.
This indicator is used to filter the trend of stock. 2 period moving average is used to filter the unstable market. Retracement only max 3 days,to avoid big retrace cause profit burn. Background color is based on candle color. Green Candle = Bull Momentum Yellow Candle = Possible Retrace / Bear Momentum ( to avoid miss the bull wave ) Red Candle = Bear...
Kindly follow the rules stated below for entry, exit and stop loss. Not every Buy / Sell signal will be profitable. Timeframe of the chart acts as current timeframe. You need to choose 2 more as middle and higher timeframes. This indicator is based on candlesticks, ATR and CCI indicators and the logic provides buy / sell signals at the pullbacks of the trend...
This indicator uses 28 SMA lines from SMA12 to SMA120 with an interval of 4 to reveal the unseen underlying structure that determines the stock price trend. The convergent area of MA lines usually creates support for the stock price. This indicator also includes a clock position for a clear view of the direction of the current trend. This work is inspired by...
This script was created to analyze levels of market trends. This is an indicator that is used to analyze the overall 2 levels. 1.Considering the index's key trends (Strategic Level) 2.Trend Analysis (Tactical Level) To get a big overview of the trend and catch short-term movements. In this indicator, there are 4 levels of momentum measurements. with the...
This indicator shows the popular crypto exchanges for Bitcoin spot and futures . This allows you to not have all of the "compare" indicators on the chart, as this combines it all in one. This indicator can be useful to show contango or backwardation between spot and derivative prices via exchange, giving potential indication for funding and reversal. Based on...
This indicator allows for multi timeframe analysis of RSI(14) according to defined extreme levels across 6 timeframes. The script loads focused on 0, just alter the scale to see all 6 timeframes. Timeframes can be set according to your pre-loaded timeframes, or with any custom timeframe by first loading it as a timeframe option. High/Low levels set at 50 the...
Bollinger Bands Pro: Hawk Eye / is a professional version of the Bollinger Band Indicator that uses two bands instead of one. This is the second band I call the upper and lower middle band. Sometimes you see that the candles are rejected from parts of the band and you do not know the real reason. The real reason is the middle band, which is a secret line that we...
WHAT DOES THIS INDICATOR DO? I started with the idea of creating another premium indicator with a bunch of features and add it to the bundle. However, the more complex the code was becoming, the less helpful the indicator actually was. So I started from scratch and made BTC Longs & Shorts Profile super simple (as you can see in the code). The advantage over...
Level: 2 Background John F. Ehlers introuced MESA Stochastic Indicator in Jan, 2014. Function The MESA Stochastic oscillator, a stochastic successor that removes the effect of spectral dilation through the use of a roofing filter. Key Signal MESAStochastic --> Ehlers MESA Stochastic Indicator fast line Trigger --> Ehlers MESA Stochastic Indicator slow...
This code is modified to draw the first 15 minutes(variable in setting by default 15m is set) of the high and lows through out the day. It will work on time frames less than than or equal to 1st input. Hope this code helps you all. IMPORTANT SETTING DETAILS: 1.Res = input(title="Starting X minutes lines to be Displayed",defval="15",...
This is a modified version of the standard DMI/ADX indicator by Welles Wilder. It makes the most important parts of the standard version more prominent to help traders better identify emerging trends, and judge markets. First of all the dominant Direction Index, +DI or -DI (green and red), is emphasized with a different color, but only if they break the ...
We often want to use a stop loss at a certain low - N*ATR, But it is too troublesome to manually calculate a certain day low - ATR. This indicator simply calculates it for you, by marking the value of day low - ATR. By default the hardcoded ATR value is 0, which means "Uses the ATR at that day with configured look back period". If you want to use a specific ATR...