This TradingView indicator is designed to help traders visualize potential trade entries along with their corresponding stop-loss (SL) and take-profit (TP) levels. It offers a high degree of customization, allowing users to: Choose Entry Type: Select whether the anticipated trade is a Long or Short position. Set Entry Price: Specify the exact price level at...
🔵 Introduction 🟣 ACD Method "The Logical Trader" opens with a thorough exploration of the ACD Methodology, which focuses on pinpointing particular price levels associated with the opening range. This approach enables traders to establish reference points for their trades, using "A" and "C" points as entry markers. Additionally, the book covers the concept of...
🚀🔗 Donchian Trend Ranges 🔗🚀 Elevate your trading game with the Donchian Trend Ranges indicator from AlgoAlpha! 🌟📈 This advanced tool helps you visualize market trends and potential reversal points using Donchian channels, volatility measures, and average true range (ATR). Key Features ⚙️ Customizable Parameters: Adjust the lookback period and range...
This script is a refined version of TradingView's Cumulative Volume Delta (CVD) indicator. It features a CVD line for lower time frames and automatically switches to a Simple Moving Average (SMA) line on daily time frames and higher. This functionality makes it easier to spot Volume Delta divergences on daily charts while maintaining utility on intraday time...
Ichimoku Cloud w/ Helpers is your standard Ichimoku Cloud indicator with two additions. Checkout TradingView's write up on the Ichimoku Cloud here . The two additions added to this indicator are described below: 1 — A box is drawn centered on the current bar and stretching a length equal to the 'Senkou Span B Period'. • The box encompasses the highest...
Updated my previous algo on the Adaptive Trend lines, however I have added new functionalities and sorted out the settings. You can now switch between normalized and non-normalized settings, the colors have also been updated and look much better. The MAMA and FAMA These indicators was originally developed by John F. Ehlers (Stocks & Commodities V. 19:10: MESA...
This is my first script, it is really simple logic and you probably saw something similar before. Is a crossover indicator between 2 Moving Average, one fast MA and the second slow MA. Inputs you can adjust: - 8 different source of MA's - lenght of the MA's - 7 different types of MA's ("EMA", "SMA", "RMA", "WMA", "DEMA", "TEMA", "HMA") - 3 smoothing level of the...
Overview: The Implied Volatility Levels Indicator is a powerful tool designed to visualize different levels of implied volatility on your trading chart. This indicator calculates various implied volatility levels based on historical price data and plots them as dynamic dotted lines, helping traders identify significant market thresholds and potential reversal...
This indicator dynamically captures the highest and lowest points visible on the chart and calculates Gann Support and Resistance Levels. The inputs are detailed below. Why create this indicator? There is no other indicator with the same functionality on TradingView. These calculations are time-consuming; the speed at which this indicator calculates any...
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Introduction: The "Current and Average Volume Table " script is designed as a custom indicator for trading platforms that support Pine Script (specifically Pine Script version 5). This indicator provides a compact and informative table summarizing key volume-related metrics for financial instruments, enhancing traders' ability to analyze buying and selling...
The SuperThree is a comprehensive technical indicator designed to identify and visualize market trends and counter-trend momentum in trading. It uses a unique color-coding system to represent different market conditions and potential trading opportunities. Uptrend (Green Fill) : This is indicated by a green fill. An uptrend is a period where prices are...
The WaveTrend based on “Enhanced WaveTrend” of EliCobra. The WaveTrend Oscillator is a popular technical analysis tool used to identify overbought and oversold conditions in the market and generate trading signals. This indicator introduces additional features for improved analysis and comparison across assets. WaveTrend: The original WaveTrend indicator...
█ OVERVIEW The Fibonacci Period Range Indicator is a powerful trading tool that draws levels of support and resistance that are based on key Fibonacci levels. The script will identify the high and low of a range that is specified by the user, then draw several levels of support and resistance based on Fibonacci levels. The script will also draw extension levels...
Support and resistance are fundamental concepts in technical analysis used to identify price levels on charts that act as barriers, preventing the price of an asset from getting pushed in a certain direction. Here’s a detailed description of each and how breakout strategies are typically used: Support Support is a price level where a downtrend can be expected to...
HTF Descending Triangle aims at detecting descending triangles using higher time frame data, without repainting nor misalignment issues. Descending triangles are defined by a falling upper trend line and an horizontal lower trend line. It is a chart pattern used in technical analysis to predict the continuation of a downtrend. This indicator can be useful if...
**1. Overview** " L1 Dynamic Momentum Indicator" is a custom TradingView indicator designed to analyze price momentum and market trends. It combines the calculation methods of Stoch (RSV) and Moving Average (SMA) to provide market overbought and oversold signals. **2. Calculation Method** - **RSV Value Calculation**: The RSV value is calculated using the...
This indicator combines multiple functionalities to assist traders in making informed decisions. It primarily uses Heikin Ashi candles, Moving Averages, and a Price Action Channel (PAC) to provide signals for entering and exiting trades. Here's a detailed breakdown: Inputs MAC Length: Sets the length for the PAC calculation. Use Heikin Ashi Candles: ...