This script will attempt to find the location of the third wave in the Elliot Wave Theory. The bars will become highlighted when possible wave 3 criteria is met. Multiple bars in a row may have a painted background. The point at which the bars are no longer painted will potentially be at or near the end of wave 3. The background paints a baby blue for wave 3s in...
This indicator shows you the most convenient buying times. It helps you lower your average and earn high profits by purchasing incrementally.
This indicator marks key pivot levels across two higher timeframes, longer term, and medium term. When a pivot high or low is detected at the higher timeframe, a line is plotted in the future. The user may select timeframes and pivot sensitivities in the indicator settings. As no calculation is involved, the levels are identified purely from historical...
A Typical Price Drummond Line, with a Floor Pivot Open Signal Line. The Three Day Average, is not offset. The crossing is significant in many strategies. The circle is an intraday crossing. The crosses are the signal openings. Caution: divergence can cause a false positive. This strategy is for Daily Bars Only! Thanks.
this is a revised classic CMF indicator, with some additional features Features: 4 different Exchanges:Tickers (clouds). your current exchanges:ticker (white) an averaged cmf over all 5 tickers (black) a selectable time frame for all tickers 3 buy and 3 sell lines (visual H-lines only) autocentering over ghosts color scheme is for a dark theme, change in...
Outside bars occur when the range of a candlestick falls entirely outside of the previous candlestick's range. This indicates indecision and volatility expansion which often leads to changes in trend direction. This indicator includes options such as: - The number of consecutive outside bars required to trigger the indicator - An arrow indicating whether the...
SMA - Halftrend Signal - SSL Hybrid ichi signal indicator This indicator is actually a combination of several indicators to get the right signal in the direction of the market and gain profit At first, there are some simple moving averages called MA, which are used only to display the simple moving average in different time frames. Then we have the combination...
Based on Bill Williams' First Wise Man. Bull candles are marked with purple and Bear candles with blue. Requirements: - Candle height must be greater than ATR (filter out tiny Doji candles) - Open and Close must be beyond the HL2 (midpoint) for either Bull or Bear scenarios - Candle HL2 must be more than 1x ATR from the Alligator Jaw (13-period SMMA, pushed...
EMABBOL includes these indicators: - triple emas (9,21,50) - Bollinger Bands - Also includes buying or selling signals The following strategy is based on ema crosses and bollinger ma crosses, the Bollinger band gives us the target we could expect from our trades, using the upper and lower bands. Trading criteria Buy : Price crosses over the triple emas...
For those who want the classic Volume Weighted Average Price and Ema on the same overlay. This script utilizes the same protocols as the VWAP and EMA you currently use. Just frees up an indicator space. KEEP UP TO DATE Are you a college student or graduate? Join College Town Trade discord for helpful community specializing in trading stocks, options, and...
For those who want the classic Volume Weighted Average Price and Ema on the same overlay. This script utilizes the same protocols as the VWAP and EMA you currently use. Just frees up an indicator space. KEEP UP TO DATE Are you a college student or graduate? Join College Town Trade discord for helpful community specializing in trading stocks, options, and...
is not my code actually its a example in Pine Script™ and charts become better acquainted becaus is can useful and it unpublished i just publish that without any channges As a trader scrolls or zooms on their chart – causing the range of visible bars on the chart to change – scripts using either of these new built-ins will automatically re-execute so that...
Many technical analysts use moving average crosses to assess trend changes. A faster-moving MA crossing above a slower-moving line may be viewed as a bullish signal. The opposite can apply to the downside. While these methods may help analyze price direction, they can often force traders to wait until the cross occurs. Sometimes it may be useful to anticipate the...
Relative Strength Breakout is always a great indicator of change in trends. This indicator is a visual attempt to show the region of outperformance of a stock with respect to a sector or primary indicator. The color indicated should read as below 1) Color Red: Indicates that the selected script is underperforming the indexing with which it is compared 2) Color...
Here I am introducing "Reductionism candle chart", in most of the case takeing away those distracting "candles", and also remaining the most of data (4 dots) for each index on the chart. And only keeping high valuation change "price gap" filled up with candles. For someone who don't relies on candles to their decision. Usually candles are redundant to them. For...
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...
Instead of viewing MACD from a separate chart (histogram), this indicator will plot a candle based on the MACD value. It is easy to summarize trends and make your technical analysis charting less complex.
Ichimoku style trend line . Some strategies call for a custom Ichimoku style line (midpoint of range's high/low). This allows you to use or replace a single line without having to customize a full Ichimoku setup.