For those who likes clean chart: I made a simple script that shows Current price based on the last candle color. Also can show Daily open line based on the daily candle color. Daily open line is same as strong support and resistance levels. Mostly price shows strong responces on daily open line. 1: Daily open line color is blue if current price is above the...
Bearish and Bullish engulfings as taught by Tom Dante Piccin. Different from other bullish/bearish engulfing indicators because other indicators only want the body of the current candle to engulf the previous body. This indicator needs the low and high of the current candle to engulf the previous one and also in the example of a bullish engulfing close above the...
Identify bullish kicker candles on the chart. A bullish kicker candle occurs when the opening price is above the body of the previous candle. The previous candle must close lower than the open to qualify. Indicator Settings You can chose which shape and color to plot when a kicker candle occurs, as well as placement above, below or in a separate pane....
This is a combination of - RSI (relative strength index) - MFI (money flow index) - Divergences on the RSI MFI behaves much the same as RSI but it more responsive/to some degree a leading indicator. I find it helps having this overlayed with RSI to help gauge price action and sentiment, as well as for confluence with RSI.
I decided to republish this one without the trend filter and with all the major symbols active. This will allow for all the patterns to show up. Due to 15 different candlestick formations in this one script, it will be difficult to turn off the last few due to screen size. You can turn off individual patterns on the settings screen. I have everything spelled out...
This indicator works with Follow Line Indicator , evaluates the angle for possible additions or reductions of the position. Many settings to play with: s3.tradingview.com - FOLLOW LINE CURRENT CHART RESOLUTION - FOLLOW LINE HIGHER TIME FRAME - FILTER HIGHER TIME FRAME - NO FILTER HIGHER TIME FRAME - ANGLE CONFIGURATION - ANGLE LEVELS - BUY / SELL - OPTIONS...
Indicator for strategy that was used in a Forex competition and was a winner. Use double MACD with custom settings, search video on YouTube: Learn Five Powerful MACD Trading Strategies Add some tools to analyze the market context a little more: - Detector of regular and hidden divergences. - Atlas Zone (detects consolidation that is about to generate a...
The FollowLine indicator is a trend following indicator. The blue/red lines are activated when the price closes above the upper Bollinger band or below the lower one. Once the trigger of the trend direction is made, the FollowLine will be placed at High or Low (depending of the trend). An ATR filter can be selected to place the line at a more distance level than...
Do you find it difficult to analyze trends? This indicator will help you to have an objective analysis of the trend. Let's start ..... In this indicator Bears and Bulls go their separate ways. -The Bull line (bullish green) always goes above zero. -The Bear line (bearish red) always goes below zero. With a quick glance, you will know who is winning. ...
This indicator finds possible points of reversion, you can use it to stack positions and get a good average price for when the price changes direction, it is the trader responsibility to manage the position and make a profit. -Added alerts
A very simple and highly effective strategy that combines 3 famous indicators: MACD Bollinger Bands RSI Entry conditions are: The MACD line crosses over the signal line. RSI less than 50 Price below the BB baseline Exit conditions are: RSI greater than 70 Closing price higher than the upper BB Or when the price hits the Stop Loss...
This moving average indicator is a bull market support band. It's significance comes from the previous bull runs where the price was bouncing off or riding from a distance the support band until the end of the market cycle. For example, during the 2017 bull run, Bitcoin had several 30-40% corrections to the support band. The green line represents the 20 weeks...
MACD normalized with its highest and lowest values over the last “Normalization period” - includes alerts
I was using another script that colored the bars to show the different candle patterns. Thanks to HPotter (www.tradingview.com). Unfortunately, I can't think that fast when looking across a screen of charts with different color bars. Fortunately, Tradingview came up with symbols and names on 2/26/15. I decided to take my favorite symbols and attach them to a...
Only longs when Macd line is above Bollinger Band and shorts when Macd line is above Bollinger Band, this will avoid many problems. thumbs up!!!
Leledc Exhaustion Bar indicator created by glaz converted to Pine 4, plotshape was added.
Thanks & Credits To Tradingview Team for allowing me to use their default MACD version and coding it in to a MAGIC MACD by adding a few lines of code that makes it more enhanced. About: MAGIC MACD (MACD Indicator with Trend Filter and EMA Crossover confirmation and Momentum). This MACD uses Default Trading view MACD from Technical...
See market structure at a glance with Higher Highs and Lower Lows. Bullish/Bearish/Ranging market bias is automatically derived. Optionally get alerted for breaks in market structure. Uses true Local Highs/Lows instead of simply the highest/lowest "pivot" for x bars. Can be useful as a support for learning market structure or for alerts for a change in structure...