The " EMA with Volume Levels" script calculates the Exponential Moving Average (EMA) of the closing prices over a specified period and dynamically changes the color of the EMA based on volume levels. This indicator helps traders easily identify the current volume conditions. As the volume increases or decreases, the color of the EMA changes, providing a visual...
This candle strength oscillator displays a smoothed rolling difference between the body range (close and open) and total candle range (high and low). When candles have small bodies, such as a doji, it can indicate weakness, when candles have essentially little to no wicks it can indicate strength. There are two modes of display for the strength trend to show...
Papercuts Recency Candles V0.8 by Joel Eckert @PapercutsTrading ***This is currently an experimental visual exploratory concept.*** *** Experimental tools should only be explored by fellow coders and experienced traders.*** DESCRIPTION: As coders, how can we seamlessly transition between actual and smoothed price data sets as data ages? This is a...
The Advanced Stochastic Indicator is a sophisticated tool designed to enhance market analysis through detailed stochastic calculations. This tool is built for traders who seek to identify market divergences and pivot points with higher accuracy. Key Features Multi-Layer Stochastic Analysis: Tracks both standard and smoothed stochastic values to provide a...
English Version Enhanced Volume Indicator (EVI) The Enhanced Volume Indicator (EVI) is an advanced yet user-friendly tool designed to measure and visualize the strength of market volume using the statistical power of standard deviation. By offering a clear and dynamic representation of volume fluctuations, the EVI enables traders to effortlessly identify...
The Trend Chameleon, originally developed by Alex Cole for the Bloomberg Terminal, is a powerful tool designed to simplify trend identification and illuminate potential trading opportunities. It leverages a clear visual display to decode market movements, making it useful for traders of all experience levels. 🟠 Overview Here's an illustration of how the...
**WORKS BEST ON 30M TIMEFRAME** This indicator, titled "Untested Levels with Timeframes" is designed to identify and visualize price levels within different timeframes that have not been tested recently. Here's a breakdown of its benefits and usage: Identifying Untested Price Levels: The indicator helps traders identify support and resistance levels that...
Simple Power Law Indicator for Kaspa with addition of adjustable bands above and below the Power Law Price. Best used on Logarithmic view on Daily Time Frame.
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...
Simple script to identify FVGs (Fair Value Gaps) on the current chart timeframe. The script differs from other FVG indicators on the Tradingview platform by using Arjos 3rd candle rule to identify which gaps are 'Breakway Gaps' and which Gaps are likely to be returned to. NOTE: As with all 'trading rules' this theory is not 100% accurate. default...
Indicator Overview INTELLECT_city - World Cycle - ATH & ATL - Timeframe 1D and 1W - Logarithmic - Signal - The Pi Cycle Top and Bottom Oscillator is an adaptation of the original Pi Cycle Top chart. It compares the 111-Day Moving Average circle and the 2 * 350-Day Moving Average circle of Bitcoin’s Price. These two moving averages were selected as 350 / 111 =...
Liquidity rests above/below previous highs and lows because these are the areas where traders are most likely to leave their orders/stop losses. The market can tap into this liquidity source by going beyond the previous highs and lows, this liquidity can then be used to reverse the market in the opposite direction. As traders we may want to know if price will...
▋ INTRODUCTION : The Buy-Sell Volume Bar Gauge is developed to provide traders with a detailed analysis of volume in bars using a low timeframe, such as a 1-second interval, to measure the dominance of buy and sell for each bar. By highlighting the balance between buying and selling activities, the Buy-Sell Volume Bar Gauge helps traders identify potential volume...
Bitcoin ultimate price model: 1. Power Law + 2. Rainbow Narrowing Bands + 3. Halving Cycle Harmonic Wave + 3. Wave bands This powerful tool is designed to help traders of all levels understand and navigate the Bitcoin market. It works exclusively with BTC on any timeframe, but looks best on weekly or daily charts. The indicator provides valuable insights into...
Enhance your trading decisions with the Rolling Point of Control (POC) Indicator designed by AlgoAlpha! This powerful tool displays a dynamic Point of Control based on volume or price profiles directly on your chart, providing a vivid depiction of dominant price levels according to historical data. 🌟📈 🚀 Key Features: Profile Type Selection: Choose between...
Trend Angle Indicator Description The Trend Angle Indicator is designed to measure the strength of a trend by calculating the angle of the trend. Specifically, it computes the angle of a Simple Moving Average (SMA) over a specified length and then applies an Exponential Moving Average (EMA) to the angle for smoothing. This approach provides a clear...
Hey there, traders! Today, we're diving into a nifty Pine Script called "7 hours a day," crafted by me Yasser (YWMAAAWorld). So, what's the scoop? Imagine having a tool that highlights specific times on your chart like clockwork, making your trading day a breeze. That's precisely what this script does. It's like having a personal assistant reminding you of the...
The Discovery Index is an original technical indicator which attempts to display directional market pressure and momentum based on accumulated candle-over-candle measurements. Discovery , in this context, is the act of finding (discovering) New Highs and Lows. > What is 'Discovery' Not to be confused with "Price Discovery", the term for setting the spot...