Volume Profile (also known as Price by Volume ) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels. Specified time period with Pivots Anchored Volume Profile is...
Hello Traders! In times of high volatility, it is important to follow a market-neutral strategy to protect your hard-earned assets. The simple script employs common buy/sell and/or divergencies signals from the VuManChu Cipher B indicator with fixed stop losses and takes profits. The signals are filtered by a local trend of a coin of interest and the global trend...
Support and Resistance Multiperiod (Zig Zag Based) What is the indicator? • The indicator is a multi period (up to 5 lengths) Support and Resistance indicator calculated based on Zig Zag. Who can use? Scalpers to Long term investors What timeframe to use? • Any timeframe What are the lines? • Green lines are Support levels. • Orange lines are...
I'll start by reminding you who David Weis is. He is a follower of theories developed by Mr. Richard Wyckoff as early as in the beginning of the 20th century. David Weis is one of the most well-known Wyckoff experts in the world, with extensive practical experience. Richard built a chart manually, splitting the market moves into a sequence of up and down waves....
This is a simple FIB extension tool that pulls from the start of a wave to the end of the wave. It extends FIB levels beyond the first wave making the assumption that the first wave was between 0.0 and .236 FIB levels. This often works as support and resistance in a multi-wave move. I see the price get to .65 or .786 often after clearing the initial .236 level....
---How to use? if WMA < RSI,EMA = long if WMA > RSI,EMA = short ---intraday conformation use VWAP, if points above VWAP = long & below VWAP = short ---delhivery use BB, if points above MA = long & below MA = short ---SL = first candle high or low as direction & Target RR ratio = 1:1 *If u want good result use it on higher time frame. *first backtest and...
This script plots the Motion Line, a concept explained in Glenn Neely's River Trading Technology, on the go. Due to the limitations on Pine Script at the time of writing this script, plotting Motion Line on Violent Outside-bars does not follow the main procedure... For example on this occasion, the snapshot below displays how exactly the Motion Line should be...
>> How to use this indicator : 1. Set your teadingview theme to dark theme. 2. My indicator is valid for forex, stock and but more valid for crypto. 3. Use three timeframe for more validation (choose between those, that fit to your trading style) : - Timeframe 1m, 5m, and 15m for Scalping - Timeframe 30m, 1h and 4h for Intraday - Timeframe 4h, 1D and 1W for...
The WHAT =============> A strategy based on combination of 3 indicators. 1) "Elliot Wave - Impulse" indicator from @HeWhoMustNotBeNamed () . 2) "Cyclic RSI High Low With Noise Filter" from @RozaniGhani-RG (). 3) "Mesa Advanced Triggers" from @jordanfung () By using these 3 indicators together, I was able to project and backtrack some very nice return values even...
Hi All, This is a Dual/Multi TF CCI script to be used for Intraday as well as positional system. Intraday: Chart TF : 5 mins Underlying Trend CCI : CCI 34 of 30 mins TF Immediate Trend CCI : CCI 34 of 5 mins TF Execution CCI : CCI 8 of 5 mins TF The CCIs are used for entry, exit during momentum breakouts or pullbacks. General Long Setup: Buy at CCI-8 5m below...
This indicator, based on the ATR, allows you to identify the potential reversal on price and helps you identify the Support and Resistance. When the price moves far away from the multiple moving average, the background color changes : - Red for Short potential entry - Green for Long potential entry There are 2 ways to use this script : - Conservative : Use it...
I spent a lot of time searching for the best ZigZag indicator. Difficulty with all of them is that they are always betting on some pre-defined rules which identify or confirm pivot points. Usually it is time factor - pivot point gets confirmed after a particular number of candles. This methodology is probably the best when market is moving relatively slow, but...
In this strategy, I used Wavetrend indicator (Lazy Bear). It is very simple and easy to understanding: Long when Wavetrend1 crossover Wavetrend2 and they are less than a limit value (not buy when price overbought). Stoploss at lowest 3 bar previous. R:R = 1:1,5. About other shortterm strategies for crypto market, you can view my published strategies.
Diamond Trend is an indicator clearly way to catch the trend in the begining $$
Hey everyone First of all, I'd like to thank Ricardo Santos, Backtest Rookies for the inspiration for this script. Actually, most of it is coming from them and I only mixed them up (and added my secret sauce ^^). If some of you are not thinking about a trading secret sauce, please get serious for a moment :) Some of you asked me how I do to set the trend...
Hello Traders, For a few months I have been getting requests from my followers about ABC pattern and finally I decided to make this indicator. How it works? - It creates Trend Cloud using Simple and Exponential moving averages with the lenghts 50, 100, 150, 200, 20, 40 by default and checks the trend. you can change the lengths as you wish - It also creates...
Fɪʙᴏɴᴀᴄᴄɪ Exᴛᴇɴᴛɪᴏɴ / Rᴇᴛʀᴀᴄᴍᴇɴᴛ / Pɪᴠᴏᴛ Pᴏɪɴᴛꜱ This study combines various Fibonacci concepts into one, and some basic volume and volatility indications █ Pɪᴠᴏᴛ Pᴏɪɴᴛꜱ — is a technical indicator that is used to determine the levels at which price may face support or resistance. The Pivot Points indicator consists of a pivot point (PP) level and several...
Hey Awesome Traders I noticed people were so happy with my ZigZag lucemanb script and so I made one that is more user-friendly and customizable Please note the original one is dedicated to developers, The code is very minimal for fast understanding when anyone wants to use it in their development In this script, I have included several features like...