The script helps in recognizing the money flow resistance and rsi level combinations and is quite useful
This strategy takes a trade every day at a specified time and then closes it at a specified time. The purpose of this strategy is to help determine if there are better times to day to buy or sell. I was originally inspired to write this when a YouTuber stated that SPX had been up during the last 30 minutes of the day over 80% of the time the past year. No...
SSLHYBRID EMA200 ALPHATREND MARUBOZU This script is designed for the NNFX Method, so it is recommended for Daily charts only. Tried to implement a few VP NNFX Rules This script has a SSL / Baseline (you can choose between the SSL or MA), a secondary SSL for continiuation trades and a third SSL for exit trades. Alerts added for Baseline entries, SSL2...
The "Symbol Correlation" indicator calculates and displays the correlation between the chosen symbol's price and another selected source over a specified period. It also includes a moving average (SMA) of this correlation to provide a smoothed view of the relationship. Why SMA and Table Display ? The inclusion of SMA (Simple Moving Average) with adjustable...
Short Title: IVR OscSlg Description: The IV Rank Oscillator is a custom indicator designed to measure and visualize the Implied Volatility (IV) Rank using Historical Volatility (HV) as a proxy. This indicator helps traders determine whether the current volatility level is relatively high or low compared to its historical levels over a specified period. Key...
This script is based on the article “Defining The Bull And The Bear” by Chuck Duckas, published in Stocks & Commodities V. 25:13 (14-22); (S&C Bonus Issue, 2007). The article “Defining The Bull And The Bear” discusses the concepts of “bullish” and “bearish” in relation to the price behavior of financial instruments. Chuck Dukas explains the importance of...
The Explosive & Base Candle with Gaps Identifier is an indicator designed to enhance your market analysis by identifying critical candle types and gaps in price action. This tool aids traders in pinpointing zones of significant buyer-seller interaction and potential institutional activity, providing valuable insights for strategic trading decisions. Main...
Description: The "Previous and Premarket High/Low" indicator is designed to help traders identify key levels during the premarket, postmarket, and regular trading sessions. It highlights the highest and lowest prices during the premarket session and the previous trading day, providing critical levels for intraday trading strategies. Features: Customizable...
This EMA trend indicator works by determining if a short-term EMA is above an intermediate-term EMA that is in turn above a long-term EMA (in a bullish trend) or if the reverse is true in a bearish trend. An alert box is displayed on the chart to give a trend trader a quick at-a-glance reference to see which way the overall trend is moving by turning green when...
Doji Patterns will be found based on 3 conditions - Check if Open-close difference is a certain percentage of High-low difference Check Upper & Lower wick sizes are greater than respective min threshold values Check if the difference of Upper & Lower wick size is higher than the min threshold value The threshold values are predetermined based on the...
This Trading View script highlights the trading sessions for New York, European, and Asian markets on the chart and adds labels at the start of each session. The script uses Pine Script version 5 and converts local session times to UTC to accurately display the session times regardless of your local Time zone. Features : Session Times: New York: 8:30 AM to 3:00...
🎯 Introducing the Volumetric Fair Value Gaps by AlgoAlpha 🎯 Embrace the power of volume and price action with the Volumetric Fair Value Gaps (VFVG) indicator, designed meticulously by AlgoAlpha. This innovative tool enhances your charting capabilities by highlighting fair value gaps in real-time, facilitating superior market entry and exit decisions. 🚀📈 🔍 Key...
Hover over a bar (just above the top of the bar) to reveal an info box with data about the bar
SMA and DMA Crossing Buy Sell Signals This script implements a Double Moving Average (DMA) strategy, a popular technical analysis technique used by traders to identify trends and potential buy/sell signals in financial markets. **Description:** The Double Moving Average strategy involves the calculation of two moving averages – a short-term moving average and a...
Define the time of the RTH session (set to ES / NQ hours by default) to calculate and draw levels for high / low of yesterday, close of yesterday, and open of today. Also, display a table on the top right of the chart that shows today's day session range compared to the average day session range, gap size as a percentage of the average session range, as well as...
The Volume Indicator provides a visual representation of trading volume, expressed in U.S. dollars, directly on your chart. It multiplies each candle's closing price by its volume to compute the volume in dollar terms, offering a clearer perspective on market activity relative to price movements. Features: Volume Calculation: The indicator calculates the volume...
Explanation: Volume Threshold Multiplier: Detects unusually high volume compared to the simple moving average (SMA). Price Movement Threshold Multiplier: Detects significant price movements compared to the SMA. Lookback Period: Defines the period for calculating the SMAs. Short-term and Long-term Moving Averages: Periods for the short-term and long-term moving...
This indicator displays transitions of candles from red to green and from green to red on a chart, with the ability to set an adjustable percentage threshold. When a candle transitions from red to green and the percentage change exceeds the specified threshold, a red to green transition signal is issued. Similarly, when a candle transitions from green to red and...