Alright so this is a script I made by combining two existing ones and making a really cool discovery that has proven very useful. You'll notice that there are two separate oscillators that are laid on top of each other. The background oscillator is my "Tip-and-Dip" oscillator which you can see here (will refer to this as TnD from here), and the foreground...
- This indicator uses a modified type of ADX, that offers a cleaner layout and improved signals. The indicator can be used by traders to identify possible tops, bottoms and changes in trends - If the purple line moves downward after having been inside of the red line signals that a security possibly can have reached the bottom - If the purple line moves upward...
The HOLP strategy was developed by trader-author John F. Carter in his book 'Mastering the trade: proven techniques for profiting from intraday and swing trading set ups' (ISBN 0-07-145958-8). The strategy, which gives buy signals, is a reversal strategy. Reversal strategies try to determine the point in time when a trend reverses direction. In his book John F....
DESCRIPTION: This is a more advanced version of the classic Williams Fractal algo, using a looped barindex iterator to examine highs/lows. You may choose ideal or regular fractals, along with the amount of bars (periods) used to calculate; the minimum being 3. Oddnums only. Ideal fractals = fractals with each bar needing to be lower/higher than the preceding...
Detect unusual activity with this script. This algorithm should detect significant events RELATIVE to the benchmark of your choice. The default is benchmark is QQQ. upcoming earnings should be visible dividend announcements news events relative to the stock possible reversals etc. The granularity of the algorithm changes with selected time-frame....
Been a minute since a public script! This one looks at the range and recommends potential reversal depending on degree of overextension. Originally intended for low timeframe short time horizon reversals but works well on higher timeframes as well. Oscillator included in the image so you can see under the skirt and check what's happening.
I created this indicator because it can be quite difficult sometimes to find the direction of the market, which supports and resistances are important, where to place targets, etc. This indicator is excellent for traders which trade on reversals and breakouts from resistances and supports. The indicator tries to make it clear which areas are of importance and...
This script produces price bands around an EMA based on a manually inputted Implied Volatility. The idea builds on my previous "Implied Move" script which helps visualize the distribution of prices that the market is 'pricing in' via options/implied volatility. It's up to the user to determine the implied volatility level they use, I like using the free version...
This was the result of quite some time spent examining how much information could be gleamed by studying the interactions between Keltner Channels, STARC Bands and Bollinger Bands. I was surprised by the results. First of all, there are four fills that are black. Set the transparency of those to 0 and you'll see this indicator the way that it's meant to be seen....
Level: 1 Background Many asked me about swing reversal indicators. There are many but less of them can guarantee high win rate. Because market is complex, the reversals can be nested together, which means sub level reversals will be contained in higher level waves. This can be well explained by Elloit wave theory. Function Here it is a simple moving average...
This is a simple indicator for the whole numbers. It breaks down every pair for 10 pips. Its also simple and nice to use
This is the On Balance Volume Correlation (And Price Correlation) Indicator. Directions of each has been encoded with color. This Indicator is one of a series of scripts which I hope will aid in volume analysis. The primary component is the histogram plot which represents the correlation between the direction of obv of your current equity and your chosen...
insider bar is old and classic theory. but special outside bar is type of trap by operator in stock market use this only daily or weekly time frame special out side bar is type of reversal
The following indicator automatically calculates and shows the Round Levels
The purpose of this script is to determine the response of trading volume to price action This is not an indicator but a set of four signals 1 - Bullish Strength Signal (Upward Green Triangle) : If the resistance is broken at the same time is valid this signal indicates the continuation of the bullish trend the trading volume is relatively...
This script combines two simple concepts, stop running and short term momentum, into a simple visual signal that can be applied to any market and any timeframe with some adjustment. It looks for price to violate a prior extreme within a certain lookback window, followed by price triggering a momentum filter that helps put the proverbial 'wind at your back' for...
█ OVERALL This indicator was specifically created for the Walsh Wealth Group. In short it is a fusion of some of the most basic and widely used indicators to show overbought patterns and trend reversals. Its best usage is with LTF scalping and agressive profit taking but can also be used to find HTF dips and buy-zones. █ FEATURES Buy Signal (Buy): Printed...
PLEASE READ THE ENTIRE POST BEFORE PURCHASING & USING THE MyAlgo Tool. Saves you and me some time in emails and messages. :) This is the official version of MyAlgo ZULU ZONES PLEASE UNDERSTAND THAT THIS IS A DIFFERENT AND SEPARATE PRODUCT AND SCRIPT FROM "MyAlgo SLIM" FROM THE MyAlgo TRADING TOOL SERIES Description ZULU Zones is a rework of a long-gone...