Simple but solid mean reversion indicator with sl and tp levels. Most of the code is based on the built in bollinger bands script. Designed for scalping 1-5 minute timeframes. The indicator consists of two sets of bollinger bands. Price has to close below the lower (fast) bollinger band, above the moving average of the (slower) bollinger band. If price now...
This indicator uses Round Numbers breakouts and then uses smart formula with the near Round Numbers to determine best TP (take profit)/SL (stop loss) areas. Furthermore, it calculates win percentage, shows in-profit/in-loss peaks and the price amount result over a customizable date range, which when combined well with the smart formula provides decent profitable...
Cuban's Asset Screener is a tool designed to view the health of the entire market in a single charting window, using a multi-timeframe, real-time heatmapped asset screener built natively within Tradingview. You can use this tool to aggregate and display critical information required to identify your favorite trade ideas using other Cuban's Edge tools. Although...
Indicator looks for ICT & Smart Money trades on any timeframe. These types of trades reveal how the big institutions, banks and hedge funds trade with big money. If they want their very big positions to be filled they need to find areas in chart where the majority of the money is sitting. Where is it? Where is the majority of orders placed? Right below supports or...
Multi IND Dashboard is dashboard combine with price change, RSI, ATR, Alligator and Supertrend. With a maximum of 10 timeframes, I think it's going to make your life easier. In looking at the momentum of each chart. How it work?? Change : It is the distance from the close price of previous candlestick and shows the movement value of the candlestick in that...
This is the indicator I am most proud of. After reading Glenn Neely's book "Mastering Eliott Waves" / "Neowave" and chatting with @timwest who got acknowledged by Neely, we came up with the idea of an moving average which does calculate the real average price since a trend started. Addionally I adapted a method from Neely Neowave and Tim Wests TimeAtMode to not...
Cuban's Quick Action Channel Cuban's Quick Action Channel, is an indicator designed to predict likely areas of price reversion, using a tighter channel mechanism with a lower time preference in comparison to Cuban's Reversion Bands. It has been developed through extensive research and development over the last two years and has evolved into a tool that can...
#### ENGLISH #### This script visualizes divergences between the price and new highs and new lows in the US stock market. The indicator should be used exclusively on the US stock indices (timeframe >= D). This is the indicator for the main chart. It should be used together with the subchart indicator of the same name. In order to get the same results between the...
#### ENGLISH #### This script visualizes divergences between the price and new highs and new lows in the US stock market. The indicator should be used exclusively on the US stock indices (timeframe >= D). This is the indicator for the sub chart. It should be used together with the main chart indicator of the same name. In order to get the same results between the...
Version 1.0 - 2nd January 2023 Hi All, This is my first published indicator, although I have written several hundreds for private use. Description Tick based chart I got intrigued while reading about tick based charts on this page (please note this link/website owner is not affiliated with me) , so I decided to see if it would be possible to recreate...
A stochastic indicator is a technical analysis tool that uses random data points to forecast price changes in a financial security. It compares the closing price of a security to its price range over a set period of time. The indicator is designed to indicate when a security is overbought or oversold by comparing the closing price to the price range over a certain...
╭━━━━╮╱╱╱╱╱╱╱╱╭┳╮ ┃╭╮╭╮┃╱╱╱╱╱╱╱╱┃┃┃ ╰╯┃┃┣┻┳━━┳━╮╭━╯┃┃╭╮╱╭╮ ╱╱┃┃┃╭┫┃━┫╭╮┫╭╮┃┃┃┃╱┃┃ ╱╱┃┃┃┃┃┃━┫┃┃┃╰╯┃╰┫╰━╯┃ ╱╱╰╯╰╯╰━━┻╯╰┻━━┻━┻━╮╭╯ ╱╱╱╱╱╱╱╱╱╱╱╱╱╱╱╱╱╭━╯┃ ╱╱╱╱╱╱╱╱╱╱╱╱╱╱╱╱╱╰━━╯ About the script: This script is an easy-to-use trend indicator, which is based on another popular indicator called "Supertrend" . The basic idea is very simple, i.e. to compute Average...
█ HOW DOES IT WORK? The known 90 min cycle is used as one killzone. But actually all 18 min are relevant to search for a trade. All 18 min when a new box starts only then is the placement of an order valid. If the entry candle isn't in a box then it will probably fail. The boxes should only be used in the M1 or M5 timeframe. The best hitrate is in the M1...
█ OVERVIEW This indicator is intend to be helper to help Elliot Wave user to properly Elliot Wave tools according to correct degree such as 12345 or ABCWXY. The abbreviation changes according to timeframe. █ FEATURES 1. Abbreviation degree adaptive to timeframe. Eg : Subminutte for 1 minute chart, etc. 2. Works for custom timeframe. Eg : Subminutte for 1 to...
Hello friends. In recent months I have been busy with my academic research and haven't had much time to publish new scripts. To fill the gap of these months, I decided to publish the indicator Multi-timeframe Harmonic Patterns . Harmonic technical chart patterns can predict the next price trend and provide traders with clues to the price direction, which is one...
💸 True Value = Close Price + Accumulated Dividends ◆ Using only the time displayed on screen of the chart, the script will calculate the True Value of the symbol. (Calculations start from first bar you can see to the last bar you can see.) Why do you need the true value? Anytime an asset pays a dividend the current market price doesn't reflect the actual...
This indicator alerts when the deviation of close value from SMMA is more than 30% of the average deviation for the last 14 bars. The period of SMMA can be adjusted. This indicator has 3 hardcoded timeframes so there is almost no sense what timeframe you use. It gathers data from 15m, 1H and 4H timeframes and combines then on one chart. The markers are drawn one...
MFI = Money Flow Index MTF = Multi Timeframe The Money Flow Index (MFI) is a technical indicator that can generate sentiment insight or pressure using both price and volume data. Configurable Indicator Signals Signal on MFI line directional changes Invalidate Signal if not in a overbought or oversold pressure zone Invalidate signal if MFI line is not in...