Description: This is Screener can be used to screen stocks based on the volume surge. If there is a Buy in a stock with a volume, it will help screen such names from the list of 40 stocks selected. How does it work. Script computes Average Volume of previous ’n’ days and Projected volume for the Timeframe. It compares the both Volumes and if projected is more...
The Engulfing Candlesticks indicator is a powerful tool for traders and investors to identify potential reversal patterns in financial markets. This indicator is based on the popular candlestick pattern recognition technique, which has been used for centuries to predict market trends and identify trading opportunities. The Engulfing Candlesticks indicator...
This tool, known as Precision Strike Entry (PSE) , automatically generates Fibonacci Retracement Levels on any chart. More specifically, it scans for continuation and reversal trades based on two inputs and provides exact entry, exit ( Stop Loss ), and Take Profit levels. Precision Strike Entry can be used for both Crypto and Forex markets. A crucial aspect...
Japanese candlestick patterns are a powerful tool in technical analysis, offering traders and investors a detailed view of price action and market sentiment. 1. Spinning Top Description: The Spinning Top has a small candle body with long upper and lower shadows. This indicates that both buyers and sellers were active during the period, but neither took...
Introduction In the native VP (Volume Profile), the commonly referenced parameters are POC (Point of Control), VAH (Value Area High), and VAL (Value Area Low). However, since VAH and VAL are calculated by extending outward from the POC, their values heavily depend on the shape of the VP and the parameter settings of the value area ratio. This means their...
In the absence of TradingView's open-source Volume Profile (hereinafter referred to as VP) indicator code, I have replicated it. However, because this code is classified as an "indicator" rather than a "tool," it cannot allow users to define the range according to their preferences. In the code, I have set different periods, and users can input 0, 1, or 2 to let...
Welcome To ' MetaFOX DCA (ASAP-RSI-BB%B-TV) ' Indicator. This is not a Buy/Sell signals indicator, this is an indicator to help you create your own strategy using a variety of technical analyzing options within the indicator settings with the ability to do DCA (Dollar Cost Average) with up to 100 safety orders. It is important when backtesting to get a real...
Empower your trading with the core principles of the Smart Money Concepts through interactive features and highly customizable settings. The indicator's strength lies in the unique SMC Core algorithm, a calculation based on real price action data, capturing every tick from small intraday fluctuations to significant high timeframe movements. algoat SMC Core...
1. The basic concept for this strategy is to use false breakout logic based on price levels. 2. We will enter a trade when the price exhibits a false breakout, where it initially breaks a level but then reverses direction. 3. The main concept of this strategy is to capitalize on false breakouts of price levels. The strategy involves building levels based on the...
Auto Anchored Volume profile indicator to identify potential support and resistance zones, along with weak and strong Point of Control (POC) levels. Understanding the Concepts: Volume Profile: This chart depicts trading activity at various price levels over a chosen timeframe. Higher volume areas represent price levels where most buying and selling...
The Average Directional Index (ADX) is a moving average of a range, usually 14 days, that's used to quantify the strength and direction of a trend. ADX values are significant in that lower values indicate a weak to non-existent trend, i.e. ADX=14, whereas an ADX=40 is indicative of a strong trend. Additionally, a weak trend could signal that price has entered in...
This is Best Intraday and Swing Trading Indicator Certainly! Let’s explore some intraday and swing trading indicators that can help traders make informed decisions SuperTrend: The Supertrend indicator is commonly used for intraday trading. It is plotted on the price chart and helps determine the current trend. Parameters: It uses the Average True Range (ATR)...
Certainly! Let’s break down the concepts of “Breakout Up/Dn 9:15” and the Relative Strength Index (RSI): Breakout Up/Dn 9:15: This refers to a stock breakout strategy that occurs within the first 15 minutes of the trading day (between 9:15 AM and 9:20 AM). The goal is to identify strong support or resistance levels during this early market activity. The following...
The On Balance Volume (OBV) with Multiple SMAs Indicator is a powerful tool designed to provide insights into market momentum and volume trends. By combining the traditional OBV calculation with multiple Simple Moving Averages (SMAs), this indicator helps traders to identify potential changes in trend and confirm the strength of existing trends. Key Features On...
The Liquidity Dependent Price Stability (LDPS) indicator is designed to measure liquidity levels on an equity and, from those measurements, provide Bullish or Bearish outlooks for future price action. These outlooks are given via reporting the equity's Liquidity Condition and Liquidity Flow. Interpretation Liquidity Condition (LC) and Liquidity Flow (LF)...
The LDPM Crossover Scanner is designed to be used in conjunction with the Liquidity Dependent Price Movement Algorithm and is included with LDPM access. The LDPM Crossover Scanner displays the LDPM status for up to 10 equity's. When conditions are bearish, per LDPM, the equity will light up on the scanner; otherwise, the equity will not light up. When used in...
Liquidity-Dependent Price Movement (LDPM) is a metric designed to directly measure liquidity on a equity in real time, and to translate those measurements into signals to provide insights into where the anticipate price-direction is headed. Liquidity can be characterized as a way of measuring how smoothly things are running in the market. When things are running...
Description: Detailed Clarity Signal is a sophisticated TradingView indicator designed to provide traders with enhanced trading signals based on Bollinger Bands and the consistency of price actions. This script is particularly useful for identifying high-probability entry points in volatile markets. It combines the power of Bollinger Bands with a unique scoring...