The MTP Wave Price Targets script allows you to project “in advance” WPT (Wave Price Target) zones on your chart, these anticipate where the next Elliott Wave swing is likely to end. WPT zones are calculated using clusters of Fibonacci Price levels that are specific to the Wave in question. This is designed to be used with the users own “manual” Elliot Wave...
The MTP Elliott Waves script allows you to place an Elliott Wave count on your chart at a specific Pivot point. The script uses our unique “Isolation Approach” to Elliott Wave analysis, which has been used in our MTPredictor software since 2001. The Elliott Wave counts include the WPT (Wave Price Target) zones, where the wave found is likely to end. WPT zones are...
The MTP Trend script gives an easy to understand guide to the direction of the larger degree trend. Blue for up, Grey for neutral and Red for down. The colours are plotted on a 5/34 oscillator. The script is calculated using the position of the market relative to the MTP DP levels using the Major swings on the current Chart. It is the colour of the indicator that...
The MTP Decision Point (DP) is a tool to project “in advance” future support / resistance levels on your Chart. It is calculated using clusters of Fibonacci and Geometric Price levels. The MTP Decision Point (DP) levels can also be used to help determine the larger degree trend, as the market moves from one DP level to another. Traders can then look to trade "in...
The MTP VS Indicator is designed to identify high volume spikes, with the aim of finding “fake-outs”, where markets break out from previous swing highs or lows but then reverse at levels of MTP DP support/resistance. This is usually where the “professional money” enters the market to produce a sharp swing in the opposite direction. For more detail of the MTP DP...
This indicator plots pivot points with support and resistance lines based on average true range (ATR). ATR is one of the best volatility and trading range predictors, so it can be very useful for finding confluence in any strategy.
Of the three consecutive candles, the state where the space between the first and third wicks not filled is called imbalance. This indicator visualizes those imbalances. How to use: Used to recognize sudden supply and demand fluctuations that have occurred in the...
Detection and color visualization of the trend direction by constructing a candle envelope based on exponential moving averages and a double exponential moving line. Analysis of highs and lows and construction of trend lines. Showing support/resistance levels and trend forecast. English version.
This strategy script uses the "Spread Entry Strength" overlay indicator script I designed to show entry timing optimized for an Option Bull Call Spread. As for this strategy... The defaults for the strategy itself are as follows: Period for strategy: 1/1/18 to 12/1/2021. This can be changed to a different period using the settings. Condition for entry: ...
Обнаружение и цветная визуализация трендового направления путем построения свечного конверта по экспоненциальным скользящим средним и линии двойной экспоненциальной скользящей. Анализ максимумов и минимумов и построение трендовых линий. Показ уровней поддержки/сопротивления и прогноз тренда. Рускоязычная версия интерфейса. Англоязычная версия позже. Detection...
Level: 2 Background John F. Ehlers introuced Fourier Series Strategy in Jun, 2019. Function In “Fourier Series Model Of The Market” in Jun, 2019, John Ehlers introduces a Fourier series indicator designed to help traders identify cycles in the market. According to the author, the approach based on five principles outlined by J.M. Hurst in his 1970 book allows...
Hi guys This script will help you to find Hammer candles and also Shooting star candles. These candle patterns indicate price reversal probability and should evaluate in bigger price context before using as a signal. I hope you find it helpful and enjoy it. Please leave your comments for improving this script.
so this script just take it as teaching how to make easy strategy many time we try complex one and we fail thanks to coinrule for his very smart method of pyramid i just here in this very simple rsi strategy want to show how even lame strategy like RSI can be very profitable:) 1. we exit by take profit 2. we make sure that for exit by take profit the stop loss...
EP Elephant Indicator is the evolution of a previous indicator, EP MA Diff. Longer averages were added, allowing to have a reference within the same timeframe of the short and long-term trend. By adding the long socks, we also had the opportunity to discover new patterns, thus emerging the "Elephant" pattern, which finally gave the indicator its name. The elephant...
For my first foray into pine script I took the code from the generic "Consecutive up/down" and flipped the logic. I added a linear regression filter to try and stay with the overall trend. ATR added for visual, I eventually want to use it as part of the money management. Rules to open trade or close the opposite: IF the linear regression slope is >=0 AND the...
+ A Long trend is when the price close & crossover the Keltner Upper 2 + k value of Stochastic indicator crossover 80. + A Short trend is when the price close & crossunder the Keltner Lower 2 + k value of Stochastic indicator crossunder 20. + to Entry when k value (Stoch indicator) make correction and cross the d value (Stoch indicator) - Buy: k & d > 79 -...
Happy Holidays here is a gift! This a cleaned up Ichimoku cloud with RSI coloring. Can be used to remove some of the the noise. How to read chart: Cloud support and resistance zones. A green line is RSI > 50 A red line is RSI <= 50
This indicator shows the percentage that an asset price is above or below its 50-period simple moving average. You can change the 50-period moving average to whatever you'd like in the settings of the indicator. There are other versions of this indicator that are currently public, but they all use the exponential moving average instead of the simple moving average.