Consolidation indicates moments of market indecision when there is no shift in price. It is neither positive nor negative. Usually, after a price burst or strong trend movement that market falls back into a phase when traders are cautious about possible overbought or oversold positions. During this period, market reconciles before another breakout or trend...
Mark Levels is marking liquidity pools by drawing lines on their pivots and labelling them so that you can instantly detect them on your realtime chart It supports: - marking previous and current day lows and highs - marking previous and current week lows and highs - marking previous and current month lows and highs - marking equal lows and highs ...
This indicator is used to identify possible reversals (1) Green arrow means a possible bullish reversal (2) Red arrow means a possible bearish reversal (3) Green and Red arrows means it cleared liquidity from both sides and is likely to go to the nearest area of interest -It finds high volume candles that likely cleared out stop losses which usually results in a...
- Modify 3 Timeframes to display Candle Boxes over your Chart - Thats it. - Enjoy! - If anyone implements candlestick pattern detection to this before me, please send me link, that would be sick!
Inside Bar have at least 2 candles. They include one mother candle and multiple child candles. Mother candle will cover whole child candles ( child candles have high and low within mother candle) This script will highlight Inside Bars How to use : When we analyze market structure, we can combine mother candle and children candles and see them as a...
Hi Dears! I hope that you enjoyed my "FLEX KDJ IND" till today! Here, I want to publish one of my other golden indicators for you! Contents: + SUPRES + SUPERTREND + T.O Line - SUPRES (SUPPORT/RESISTANCE) is sensitive to trading volumes and with "BACHWARD" you can adjust the length of previous indices in investigation and "MEMORY" is an argument for calling...
FVG indicator -- Allows your Charts to stay CLEAN for your T.A. by plotting the FVGs on top of the Candles inside of its Borders FVGs can also be turned off and you can Remove the Bar Color only Each FVG has a tooltip that you can hover your mouse over to get the (Type of FVG, Size, Top, Middle, Bottom, Time) FVGs Using Plots so that they go all the way...
This strategy is developed by Real Life Trading. Because I couldn't find an indicator for this strategy I programmed my own indicator. The idea is to go long on the high of the first bear candle that opens and closes above the 10 EMA and to go short on the low of the first bull candle that opens and closes below the 10 EMA. I am also programming a strategy with...
Script Details - This script plots Inside Bar for given day in selected time-frame (applicable only for Timeframes < Day) - Basis plotted inside bar, relevant targets are marked on the chart - Targets can be customised from script settings. Example, if range of mother candle is 10 points, then T1 is 10 * x above/below mother candle and T2 is 10 * y above/below...
Technical indicators are not limited. Hence, here is another indicator with the combination of OBV, RSI, and MACD along with support, and resistance that follows the price while honoring the moving average of 200, 90 & 50. The default lookback period of this indicator is 21 though it is changeable as per the user's desire. The highest high and lowest low for the...
This is a composite indicator, a collection of multiple indicators. Includes: 1. in the simple RSI oversold and overbought area, I rewritten the RSI index of pine, which is more in line with the change of the relative intensity of rise and fall. 2. the red and green column line to the top is rewritten by William w% index. The red and green column indicates the top...
It is hard to know which party plays a vital role in the candle. Sometimes we see a red candle/ Seller's candle very weak, but still, the market continues. Here, I tried to figure out how much strength buyers/sellers possess in their respective candles. The idea is simply to measure the area between high and low and then calculate the opposite party's oppression...
The Whisker Reversal Oscillator can be used to spot strength or weakness in trends. It is designed for stocks, commodities and forex trading, and is intended to be calculated from the high, close, low, and open over a given length. Features: The Whisker Reversal Oscillator shows the average length of the top and bottom whiskers on candlesticks over a defined...
Indicator that shows buy/sell signals based on price action and volume as it relates to a double EMA. If the candle is above the double EMA, we look for candles with long wicks on the top indicating selling pressure. If the candle is below the double EMA , we look for candles with a long bottom wick indicating buying pressure. The user defined parameters are the...
The script allows you to plot the opening, highest, lowest and closing (ohlc) values of a previous candle. Settings : - "Time Frame" : allows you to choose the reference time frame; - "Offset" : sets which candle to select the data from. Ex : If you select "1 day" as the time frame and "1" as the offset, the OHLC values of yesterday's daily candle will be...
The Alertion indicator! impactful pattern: pattern that happen near the zone or in the zone at lower timeframe and give us entry and stop limit price. It is helpful for price action traders and those who want to decrease their risk. There are 3 IP patterns: Quasimodo Head and shoulder whipsaw engulfing These patterns may occur near the zone or...