Hello Traders :)
I am Only Fibonacci.
While coding this indicator, I examined many concepts and decided to blend them.
I took the method shared by most traders and added different perspectives and options.
First of all, you can choose how many order block regions you want to see on the screen.
Note: The levels displayed on the screen are the sum of bears and...
The MACD Support & Resistance indicator is an enhanced tool to better visualize potential supply (resistance) and demand (support) zones based on the MACD indicator. It combines the strength of the MACD with recent price highs and lows to depict potential breakout or reversal areas in the market.
MACD Settings: Users can adjust the fast length, slow...
This is a small script that tries to assess the probability that a limit order sent at x % from the last close will be filled in the next y bars.
It is based on historical data and can be useful to decide where to place your limit orders and to determine how far from the price you can put the limit order to get an X% chance of getting filled.
It displays this...
This indicator calculates pivots of 2nd, 3rd and 4th order in the current timeframe.
The idea is borrowed from the book "The Art and Science of Technical Trading" by Adam Grimes:
"A pivot high is a bar that has a higher high than the bar that came before it and the bar that comes after it"
"Second-order pivot highs are first-order pivot highs that are preceded...
TODO: This library give us the minimum Limit Order amount for the contract in Binance.
m_qty(n_v, m_fee, t_fee, cost, m_t)
TODO: it give us the Minimum Qty for the trading in Binance
n_v : TODO: min_notional_value. 5 dollar is the minimum notional amount in Binance at the moment.
// How it Works \\
Order Blocks based on pivot reversal candle
When a pivot High or Pivot Low is found and confirmed, a box will be plotted on the open and close values of that pivot candle
// Settings \\
In the settings you have the ability to change the distances required to confirm an pivot High or Low
These are the lengths where the script checks to see if it...
This indicator finds trend following engulfings, and draws order blocks based on the 1st candle's range (the first candle of the engulfing pattern).
It does filter the trend with simple moving averages of 21 and 55 periods, but it doesn't filter for retracements in the trend (you should consider only the order blocks that are coming from engulfings after a retracement)
Using the Bollinger Band to mark areas of Support and Resistance
The scrip finds the highest and lowest levels of the bands to mark up futures areas of interest.
If the High/Lows are being broken on the Bollinger band, or if the look back range has expired without finding new levels, the script will stop plotting them until new levels are found
I have found...
The purpose of this experimental Indicator is to help identifying Institutional Order Blocks.
Often these Order Blocks can be observed at the beginning of a strong move, but there is a significant probability that these price levels will be revisited at a later point in time again. Therefore these are interesting levels to place limit orders (Buy Orders for...