Hi, here is my take on 'Cup & Handle'
Pivot Points - ph (highest points in a certain period) are stored in an array
When there is a new ph , previous ph's are compared to the latest one.
A temporary test line is drawn between these 2 points.
The script checks if a close (between these 2 points) doesn't break above this test line.
(test line is deleted...
Support & Resistance levels are most important for a trader and TrendBars makes it super cool. Green bars shows the all well and Red bars you know what it means.
The script will draw the support and resistance blocks with prices on your graph and also HH, HL, LH, LL levels to keep you tuned on the road.
Diagonal Support and Resistance Trendlines with Trendbars...
█ This indicator shows V bottom & V top patterns as well as potential V bottom & V top.
These V bottom & V top are chart powerful reversal patterns.
They appear in all markets and time-frames, but due to the nature of the aggressive moves that take place when a market reverses direction, it can be difficult to identify this pattern in real-time.
To address this...
Market Structure Break and Break of Structure Detector
This indicator is to help you spot potential entry and reversal opportunities. The calculation for an MSB is based on Mete Kaplan's videos on YouTube. The MSB happens only when the high / low that causes the deepest low / high is broken.
- Uses ZigZag++ code to detect highs and lows
v1.0 - Only Detects MSB
█ This Indicator shows a wick-off check pattern.
This pattern appears when a candle goes below a level (support or resistance) and closes above it OR when it goes above a level and finishes below it. This causes a wick to go through the level: a wick-off check .
This can confirm a pullback or a breakout.
This indicator can be used to validate a...
Plots the momentum acceleration oscillators from price and RSI, rescaled and with areas above/below highlighted.
Usage: in a nutshell, when the background is yellow, it's bearish (RSI decelerates faster than price), whereas when the background is green, it's bullish (RSI accelerates faster than price). It appears to detect early some reversals that are otherwise...
An exponential moving average ( EMA ) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average. An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average...
This indicator is based on ta.pivothigh and ta.pivotlow function. And with the help of different ph and pl I am detecting double top and double bottom.
1. All signal are on realtime means no repaint
2. Able to detect precise double top & bottom
Pivot Length : Default 10 => Use to detect pivot point
This script plots gaps between candles.
It uses the "round_to_mintick" feature in the Pinescript code, so it works on any instrument out to 3 decimal places.
If there is a Gap Up (open of current candle is greater than the close of previous candle) it will plot a green arrow under the current candle and plot a label above the current candle to show the Gap...
The Wave PM (Whistler Active Volatility Energy – Price Mass) indicator is an oscillator described in Mark Whistler's book, Volatility Illuminated.
The Wave PM is specifically designed to help read volatility cycles. When we visualize volatility cycles as a chart, we can get a clear view of the market volatility phases in multiple time frames. This indicator forms...
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.
The information and publications are not meant to...
A script for day trading
Pre-market volume a must. VISL had pre-market volume this day on some news
Time frame: 5 minutes
up and down triangles are deep pull backs: after a deep pullback, a shallow pull back usually follows. One can also buy or sell in ema zones after a deep pullback. look for tail wicks during those instances.
Best of luck