Market Cipher B by WeloTrades: Detailed Script Description //Overview// "Market Cipher B by WeloTrades" is an advanced trading tool that combines multiple technical indicators to provide a comprehensive market analysis framework. By integrating WaveTrend, RSI, and MoneyFlow indicators, this script helps traders to better identify market trends, potential...
🟣 Introduction 🔵 Session Financial markets are divided into various time segments, each with its own characteristics and activity levels. These segments are called sessions, and they are active at different times of the day. The most important active sessions in financial markets are : 1. Asian Session 2. European Session 3. New York Session The timing of...
Overview The CS Patterns indicator is designed to identify and highlight various candlestick patterns on a trading chart. Candlestick patterns are a crucial tool for traders as they help in predicting market movements and potential reversals. This indicator includes single, double, and triple candlestick patterns without revealing the source code, making it an...
Session Master Indicator Overview The "Session Master" indicator is a unique tool designed to enhance trading decisions by providing visual cues and relevant information during the critical last 15 minutes of a trading session. It also integrates advanced trend analysis using the Average Directional Index (ADX) and Directional Movement Index (DI) to offer...
OVERVIEW: 3 MA Strategy indicator displays and analyzes three types of moving averages (MAs) on a price chart. The primary function of this indicator is to identify buy and sell signals based on the crossover and crossunder events of the specified moving averages. It provides extensive customization options for the types and settings of the moving averages, and...
TanHef Ranks Screener: A Numeric Compass to Market Tops and Bottoms █ Simple Explanation: The TanHef Ranks Screener illustrates the ‘TanHef Ranks’ indicator, designed to signal 'buy low and sell high' opportunities through numerical rankings. Larger numbers represent stronger signals, with negative numbers indicating potential ‘buy’ opportunities and positive...
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...
Introducing the "Global Financial Index" indicator on TradingView, a meticulously crafted tool derived from extensive research aimed at providing the most comprehensive assessment of a company's financial health, profitability, and valuation. Developed with the discerning trader and investor in mind, this indicator amalgamates a diverse array of financial metrics,...
🟣Introduction Understanding market structure involves analyzing market behavior. In other words, market structure encompasses how the market forms and evolves within trends. Market structures are typically fractal and nested, so we categorize them into internal (minor) and external (major) structures. There are various definitions of market structure, with...
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...
Linear Regression Channel The Linear Regression Channel indicator is a versatile tool for traders, providing valuable insights into price trends and potential reversal points. It plots two linear regression channels on the chart, helping you visualize price dynamics and make informed trading decisions. Indicator Features and Settings General...
💎 GENERAL OVERVIEW Introducing our new Liquidity Grab Zones Indicator! This indicator finds liquidity grabs in the current ticker and renders buyside & sellside liquidity grab zones. The retests and breakout of the zones are labeled, and you can set up alerts to get notified. For more information, please check the "HOW DOES IT WORK" section. Features of the...
The Volume Storm Trend (VST) indicator is a robust tool for traders looking to analyze volume momentum and trend strength in the market. By incorporating key volume-based calculations and dynamic visualizations, VST provides clear insights into market conditions. Components: Calculating the median of the source data. Volume Power Calculation: The...
The Adaptive RSI Strategy is designed to give you an edge by adapting to changing market conditions more effectively than the traditional RSI. By adjusting dynamically to recent price movements, this strategy aims to provide more timely and accurate trade signals. How Does It Work? You can set the number of periods for the RSI calculation. The default is 14, but...
An Indecisive Candle, often referred to as a Base Candle, is a pivotal element in technical analysis, particularly for identifying institutional supply and demand zones. These candles are characterized by their small bodies and long wicks, reflecting a balance between buyers and sellers, indicating a potential pause or consolidation in the market. To calculate...
Trend Spotter - Advanced Trend and Momentum Trading Strategy Overview: Trend Spotter is an advanced trading script designed to help traders identify high-probability buy and sell opportunities in the market. This closed-source script combines trend detection and momentum analysis to deliver reliable and actionable trading signals. How It Works: Trend Spotter...
Display the Current New Week Opening Gap (NWOG) on your Futures Market charts. Disclaimer: this indicator is completely built from scratch, which is why not many features are added yet. This indicator is 100% UNIQUE in the way that the NWOG remains accurately drawn on the chart, regardless of which chart settings are modified (for example, Settlement-as-Close,...
The Pin Bar Detector is a technical analysis tool designed to identify pin bar candlestick patterns on trading charts. A pin bar is characterized by a small candle body and a long shadow, indicating a significant rejection of prices that can signal potential reversals in the market.