Strategy - Relative Volume Gainers Overview: This trading strategy, called "Relative Volume Gainers," is designed for Long Entry opportunities in the stock market. The strategy aims to identify potential trading candidates based on specific technical conditions, including volume, price movements, and indicator alignments. Strategy Rules: The strategy is...
What kind of traders/investors are we? We are trend followers. Our scripts are designed to be used on the higher timeframes (weekly/daily) to catch the large moves/trends in the market. Most have heard of long-term trend following. Few know how to execute the strategy. Our scripts are designed specifically to identify and invest in long-term market trends....
The Moving Average ATR Extension Indicator offers a powerful blend of two key market elements: the Average True Range (ATR) and Moving Averages (MA), capturing the dynamics of market momentum and trend direction. This indicator is used to measure market extension from a user-selected moving average based on multiples of the Average True Range (ATR). By doing...
This indicator is designed to identify potential breaks and reversals in price movements for a financial instrument. The indicator displays several elements to assist users in spotting specific market conditions: 1. High and Low Pivots : The indicator marks the highest and lowest points on the price chart within a customizable lookback period. These pivots...
"Relative Daily Change%" Indicator (RDC) The "Relative Daily Change%" indicator compares a stock's average daily price change percentage over the last 200 days with a chosen index. It plots a colored curve. If the stock's change% is higher than the index, the curve is green, indicating it's doing better. Red means the stock is under-performing. This...
Introduction: The Breakout Filter is a technical analysis indicator designed to identify potential breakout trading opportunities in the financial markets. It combines breakout conditions based on price and volume with the visualization of Exponential Moving Average (EMA) lines. This indicator can be a valuable tool for traders seeking to capture breakout...
Based on my observations while analyzing the crypto and forex charts, particularly BTCUSDT and EURUSD, I have noticed that the prices exhibit significant movements during most stock market sessions, particularly during New York main market session. With the aim of capturing these moves, I embarked on extensive research. Through this research, I discovered that by...
The Multi-Band Breakout Indicator was created to help identify potential breakout opportunities in the market. It combines multiple bands (ATR-Based and Donchian) and moving averages to provide valuable insights into the underlying trend and potential breakouts. By understanding the calculations, interpretation, parameter adjustments, potential applications, and...
Exceptionally high volume and rapid price expansion are key markers of powerful moves, especially when they occur during a breakout or breakdown. The High Volume Expansion Channel (HVEC) uses our multi-timeframe fusion and price compression/expansion algorithms to look for high volume and rapid expansion from multiple higher timeframes at once. It uses this info...
Flag Finder Indicator is a technical analysis tool to identify bull and bear flags. What are flags Flags are continuation patterns that occur within the general trend of the security. A bull flag represents a temporary pause or consolidation before price resumes it's upward movement, while a bear flag occurs before price continues its downward movement....
Title: Banded Chikou Breakout — Quantifying Ichimoku Momentum Overview: Banded Chikou Breakout (BCB) is a unique, algorithmic script designed to augment the capabilities of traders seeking substantial breakout opportunities. Constructed on the robust principles of the Ichimoku trading strategy, BCB is designed to quantify and filter the Chikou Span's...
The Volatility Compression Breakout indicator is designed to identify periods of low volatility followed by potential breakout opportunities in the market. It aims to capture moments when the price consolidates within a narrow range, indicating a decrease in volatility, and anticipates a subsequent expansion in price movement. This indicator can be applied to any...
The Base Finder Daily is the companion tool to the original Base Finder which is used to identify consolidation periods in a stock's advance. The Base Finder Daily allows traders to zoom in from the weekly chart and get a more precise view of the daily price action during a basing period. Base Finder Daily identifies three different types of bases (Flat Base,...
Psychological levels (Bank levels) plots the closest "round" price levels above and below current price, based on neuroscience research of how humans intuitively calculate in logarithms. Psychological levels, also called bank levels, are "round" price numbers, by truncating after the nth leftmost digits, around which price often experience resistance or support,...
Description: The Volume Breakout indicator (VB) is a technical analysis tool that highlights candles with significant trading volume. It helps traders identify potential breakout periods characterized by high volume activity. How it Works: The Volume Breakout indicator compares the volume of each candle with a user-defined minimum volume threshold. If the volume...
PD-Box with Fractal Points V1 (by Jonny86FXPro) This indicator has several functions: Premium/Discount Box: The two most recent fractal highs and lows form a premium/discount box that provides valuable information about potential price movements. Fractal Breaker Lines: Two fractal breaker lines are integrated for the high and low points to better visually...
Intro The Breakout Retest Indicator is a valuable tool utilized to confirm the occurrence of a proper breakout so you know when to enter on a retest. It analyses the price movement of an asset and identifies a breakout when the price level surpasses the inputted support and resistance values. Conditions The indicator operates based on simple yet reliable...
This script is a little widget that I made to do some homework on the VIX. As you can see in the chart I was analyzing the 2008 market crash and the stats that followed it after until the market started to recover. You can see that theory in my "Ideas" tab. This is an interactive set of lines that you can use to count the the bars inside and outside of your...