The Phaser indicator is a tool to help identify inflection points by looking at price relative to past prices across multiple timeframes and assets. Phase 1 looks for the price to be higher or lower than the closing price of the bar 4 bars earlier and is complete when 9 consecutive bars meet this criterion. A completed Phase 1 is considered perfect when the...
Inspired and based on ismailcarlik's Trend Lines, Supports and Resistances. Additions include an overall upgrade to Pinescript v5, changes in the way resistance and support levels are calculated, improved visual queues, and additional customization options. This indicator is meticulously crafted to provide traders with visual tools for identifying trend lines,...
Papercuts Recency Candles V0.8 by Joel Eckert @PapercutsTrading ***This is currently an experimental visual exploratory concept.*** *** Experimental tools should only be explored by fellow coders and experienced traders.*** DESCRIPTION: As coders, how can we seamlessly transition between actual and smoothed price data sets as data ages? This is a...
About: The Growth/Decline Index is a "parabolic sar" based indicator that mainly has two functions. The first function is to display when price growth or price decline will occur by displaying increases or decreases of the GDI and inflection points. The second function is to rate a stock's performance based on how high or low the digits display the GDI. If the...
🌟📊 Introducing the Net Buying/Selling Flows Toolkit by AlgoAlpha 📈🚀 🔍 Explore the intricate dynamics of market movements with the Net Buying/Selling Flows Toolkit designed for precision and effectiveness in visualizing money inflows and outflows and their impact on asset prices. 🔀 Multiple Display Modes : Choose from "Flow Comparison", "Net Flow", or...
The Seasonality Widget tool allows users to easily visualize seasonal trends from various data sources. Users can select different levels of granularity as well as different statistics to express seasonal trends. 🔶 USAGE Seasonality allows us to observe general trends occurring at regular intervals. These intervals can be user-selected from the...
The Moving Average Cross Heatmap Created by Technicator , visualizes the crossing distances between multiple moving averages using a heat map style color coding. The main purpose of this visualization is to help identify potential trend changes or trading opportunities by looking at where the moving averages cross over each other. Key Features: Can plot up...
This Pine Script™ indicator, Bulls And Bears , aims to provide traders with potential entry points by analyzing market conditions. Here's how it works: Calculation of Maximum and Minimum Values: The script calculates the highest and lowest values based on the high, open, close, and low prices of the asset. Relative Strength Index (RSI) Condition: It evaluates...
Overview: The Simple Volatility Momentum indicator calculates the mean and standard deviation of the changes of price (returns) using various types of moving averages (Incremental, Rolling, and Exponential). With quantifying the dispersion of price data around the mean, statistical insights are provided on the volatility and the movements of price and returns....
Description This indicator is my interpretation in Pinescript of the "Trend-Quality Indicator" by David Sepiashvili. The Trend Quality indicator (Q-indicator) is an attempt to estimate trend in relation to noise. It answers the long-standing question of whether a trend change qualifies as significant and promising, or insignificant and better ignored. In terms...
Fourier Adjusted Average True Range 1. Conceptual Foundation and Innovation The FA-ATR leverages the principles of Fourier analysis to dissect market prices into their constituent cyclical components. By applying Fourier Transform to the price data, the FA-ATR captures the dominant cycles and trends which are often obscured in noisy market data. This...
Introducing the Quarterly High and Low Indicator, a powerful and original tool designed to enhance your understanding of price action by identifying key turning points within quarterly cycles. This innovative script accurately determines the most significant highs and lows in each quarter, providing valuable insights for traders. Key Features: - Identifies and...
Normalised T3 Oscillator The Normalised T3 Oscillator is an technical indicator designed to provide traders with a refined measure of market momentum by normalizing the T3 Moving Average. This tool was developed to enhance trading decisions by smoothing price data and reducing market noise, allowing for clearer trend recognition and potential signal generation....
This indicator puts a selection of elements together providing traders with insights into price dynamics, trend changes, and potential trading opportunities within the specified timeframe. Trading Range Defined by Support and Resistance : Support and resistance levels are calculated using the lowest low and highest high over specified periods. These levels...
This indicator is based on 3 indicator := 1) Forex Market Session 2) Ema 200 3) Volume This indicator is for Forex market ..in Forex market (ex- Eur/Usd ) price often (67%) do rotation in every session means example :let suppose a trade take trade in asian session and have 30 pips stop loss 67 % chance price will come back to entry price after London...
The WaveTrend based on “Enhanced WaveTrend” of EliCobra. The WaveTrend Oscillator is a popular technical analysis tool used to identify overbought and oversold conditions in the market and generate trading signals. This indicator introduces additional features for improved analysis and comparison across assets. WaveTrend: The original WaveTrend indicator...
English User Guide Script Name: Pivot Point Calculator What Does This Script Do? This script calculates classic and Camarilla pivot points used in financial markets. Pivot points are used to identify key support and resistance levels, and this script helps traders better understand market movements. How to Use It? Add the script to your charts on...
This is a helper indicator for "yats" (Yet Another Trading Strategy). This is a grouping of several indicators in one to help with a very basic trend following strategy. In order to utilize this indicator, it is best to have your chart set to a Line chart. How to use: This is a basic trend strategy in which the trader will enter or reverse their position on...