Script is designed for those who dislike how plotting a moving average from a higher timeframe on a lower timeframe chart results in a choppy zigzag line when using the standard request.security(syminfo.ticker,"x",ta.sma(src,len)) method. My more elegant solution was to translate the chart's current timeframe, and the selected higher timeframe into seconds, then...
A script example to show how you can calculate the value of certain indicators from a higher timeframe at the moment that a bar closes on a shorter timeframe. In this example the base chart is set to 5 mins and the multiplier is set to 6, so the HTF arrays hold data equivalent to that from the 30 minute chart which will hopefully appear below it on this...
This script plots the extended session highest high and lowest low levels. It works on any time frame from 1 minute to daily. Please note that during the extended session, TradingView stops updating the daily chart. This means that once the script is loaded on a daily chart, it will not be updated until the market opens, unless you manually reload the layout...
This script plots the Short Sale Restriction (SSR) Level relative to the previous day's closing price. It works on any time frame from 1 minute to daily, showing the correct level even during the extended session. The Short Sale Restriction (SSR) is a rule of the Securities and Exchange Commission (SEC) that restricts traders from short-selling stocks that are...
Just another sessions indicator. Among all the many existing ones, I didn't find anything simple that would cover my needs and that would actually be correct. New York time is forced here for plotting the stripes so you don't need to worry about the time zone currently set on your chart. The indicator will be accurate during Daylight Saving Time (which, in 2023...
█ INTRODUCTION Nearly three years in the making, intermittently worked on in the few spare hours of weekends and time off, this is a passion project I undertook to flesh out my skills as a computer programmer. This script currently recognizes 85 different candlestick patterns ranging from one to five candles in length. It also performs statistical analysis on...
An inverted fair value gap (FVG) occurs when candles start closing below a bullish FVG or above a bearish FVG and in this case, support FVGs become resistances and vice versa. This is a smart money concept introduced by ICT. While we a number of have indicators for FVGs, we don't have any for inversion FVGs. This indicator is just for that - it shows FVGs only...
█ OVERVIEW This indicator is a predecessor to Regression Channel Alternative MTF , which is coded based on latest update of type, object and method. █ IMPORTANT NOTES This indicator is NOT true Multi Timeframe (MTF) but considered as Alternative MTF which calculate 100 bars for Primary MTF, can be refer from provided line helper. The timeframe scenarios...
//Purpose: This indicator combines several tools to help traders track and interpret price action/market structure; It can be divided into 4 parts; 1. CHoCHs, 2. Nested Pivot highs & lows, 3. Grade sweeps, 4. FVGs. This gives the trader a toolkit for determining market structure and shifts in market structure to help determine a bull or bear bias, whether it be...
---------- ENGLISH DESCRIPTION ---------- The indicator created is called "KST with HMA" and is used to measure the impulse of an asset's price. The code begins by defining four variables representing ROC (Rate of Change) period lengths for calculating the KST (Know Sure Thing) and a variable for the length of the HMA (Hull Moving Average). Next, an HMA...
The RexDog Key Levels indicator plots the weekly open, daily open, and the previous day vWAP close. These are all critical price levels (zones) to know when trading any market or instrument. These areas are also high probability reaction areas that you can trade using simple confirmation trading patterns. First, I'll cover an overview of the indicator then I'll...
The main function of this indicator is to make it easy to identify several smart money concepts (SMC) and ICT practices by using a single indicator. The functions themselves are not my original content, but rather a collection of several scripts with some tweaking, combined into a single indicator. Main functions: - Provides the ability to set bar color for...
Relative Strength (RS) is an Indicator which measures a Stock's performance as compared to a Benchmark Index or another Stock. For example: RS will tell you whether “A” is increasing more or less than “B” in any market condition. It is one of the tools which is best suited for Momentum Investing. How RS can be used as a Momentum Indicator: RS is used in...
First off, all credit to Harry Potter as this is a minor customization of his indicator. Basic additions: -- Added a Higher Timeframe that is set to Daily but can be changed. Timeframe does wait until barstate.isconfirmed so won't repaint. -- Added HMA smoothing line to both Chart and HTF. Can be used as it's own signal, as confirmation or in combination with...
This is a NON-REPAINTING multi-timeframe RSI strategy (long-only) that enters a trade only when two higher timeframes are oversold. I wrote it on BTC/USD for 1min, but the logic should work on other assets as well. It is diagonally layered to be profitable for when the asset is in a downtrend. Diagonal layering refers to entry and exit conditions spread across...
The Multi-Timeframe Trend Indicator (MTFTI) is a trend analysis tool designed to help traders quickly and easily assess the market direction across multiple timeframes. With the help of a table to visualize the trends on different timeframes. Key features: Multi-timeframe trend indicator for the following timeframes: 5 minutes, 15 minutes, 30 minutes, 1 hour,...
I had this idea to make a custom Moving Average that adapts to the market. I chose to use the Average True Range. As the market makes bigger/smaller moves, this custom Moving Average applies the ATR as the length of the EMA. This gives more distance to the Moving Average as the volatility picks up or reduces. Just set the length you want the ATR to look back...
Displayed on the RSI chart according to a custom timeframe. Displays the RSI tracking table of various timeframes. Identify normal divergence, hidden divergence on RSI chat. Show buy and sell signals (strong, weak) on the board. Send notifications when RSI has a buy or sell signal. ----- I reused some functions, made by (i believe that): ©paaax : The...