OVERVIEW The Auto Fibonacci Supports indicator is designed for financial market analysis, particularly in identifying key support levels. USER GUIDE: The Auto Fibonacci Supports indicator is designed to identify key support levels based on the Fibonacci retracement theory. These levels are significant in technical analysis as potential areas where price...
@veryfid, you will always be remembered eternally... ANCIENT MYTHOS AND LORE: The retellings of "Pandora's Box" serve as a cautionary metaphor depicting an opened container (pithos - jar) that once held profound perils and evils — sufferings that are experienced around the world in various forms. The known and vague mythical box contents actually represent...
🚀🌟 Introducing the "Super Fisher" by AlgoAlpha, a sophisticated and versatile tool crafted for the discerning trader. This innovative indicator merges the precision of the Fisher Transform with the adaptability of the SuperTrend methodology, offering a fresh perspective on market analysis. 📈🔍 Key Features: 🔶 Customizable Settings: Tailor the indicator to your...
📊🚀 Introducing the "Median Proximity Percentile" by AlgoAlpha, a dynamic and sophisticated trading indicator designed to enhance your market analysis! This tool efficiently tracks median price proximity over a specified lookback period and finds it's percentile between 2 dynamic standard deviation bands, offering valuable insights for traders looking to make...
Hey! This indicator "Trended CVD" categorizes price movement by trend (using zig zag) and calculates cumulative volume delta for the entirety of the price move. Features CVD calculated for the trend CVD divergences are distinguished (uptrend and falling CVD / downtrend and rising CVD) CVD output normalized to scale with chart, and is plotted alongside...
Introduction: 💡The Squeeze & Release by AlgoAlpha is an innovative tool designed to capture price volatility dynamics using a combination of EMA-based calculations and ATR principles. This script aims to provide traders with clear visual cues to spot potential market squeezes and release scenarios. Hence it is important to note that this indicator shows...
Bitcoin Dominance Change. Interesting things tend to happen when the Bitcoin dominance increases or decreases rapidly. Perhaps because there is overexuberance in the market in either BTC or the alts. In back testing, I found a rapid 13-day change in dominance indicates interesting switches in the BTC trends. Prior to 2019, the indicator doesn't work as well to...
Cycles Master Indicator The "Cycles Master" indicator is a powerful tool designed to reveal cyclical patterns within market trends. It operates with precision, allowing users to adjust cycle lines to the top of prices using the "Multiplication" parameter. Multiplication: Aligning Cycle Lines The "Multiplication" parameter serves a crucial role in aligning...
The Wave Period Oscillator (WPO), developed by Akram El Sherbini, is a sophisticated technical analysis tool that offers traders a dynamic way to interpret market cycles. Its design is inspired by the natural ebb and flow of markets, which often follow cyclical patterns driven by underlying economic, political, and psychological factors. The oscillator's unique...
Trend Strength Gauge with Modified Hull Moving Average (HMA) Overview: The indicator combines a modified Hull Moving Average (HMA) with a visual gauge that represents the strength and direction of the current trend. This helps traders quickly assess the trend's vigor and direction. Key Features: Modified Hull Moving Average (HMA): Purpose: The HMA is a...
The Cumulative Volume Value (BTC) indicator is designed to visualize and analyze cumulative volume data specific to Bitcoin. This indicator provides insights into the total volume transacted over a time, aiding in understanding market activity and potential value of Bitcoin. It considers whether the closing price is greater than the opening price over the...
It calculates and plots zigzag lines based on volatility and price movements. It has various inputs for customization, allowing you to adjust parameters like source data, length, deviation, line styling, and labeling options. The indicator identifies pivot points in the price movement, drawing lines between these pivots based on the deviation from certain price...
The WaveReader is an algorithm that works out a strategy using various indicators that have been reconfigured and as soon as certain areas/goals/triggers have been reached, this is visualized as a sell or buy signal (large triangles) The indicator also uses the Smart Money Concept (Expo) by @Zeiierman which has been reconfigured and adapted from his open source...
Greetings everyone, I'm thrilled to present a Pine Script I've crafted for Volume Spread Analysis (VSA) Indicator. This tool is aimed at empowering you to make smarter trading choices by scrutinizing the volume spread across a specified interval. The script delivers a comparative volume analysis, permitting you to fix the type and length of the moving average....
Cumulative Volume Price Purpose : The indicator aims to display a weighted average price based on cumulative volume and cumulative price within defined lengths. How it works Calculation Steps: Cumulative Volume (cumvol): the cumulative total volume. Cumulative Price (cumprice): the cumulative closing price. Net Value (net): Calculates the weighted average...
Hello! This script "Zig Zag Open Interest Footprint" calculates open interest x price values for zig zag trends! Features Open interest footprints anchored to zig zag trends Summed OI x price level footprints Total OI (for each category) for the entire trend shown Standard POC lines, in addition to separated POC lines for each category of open interest x...
This script is a part of the "Elliot waves" toolkit and need to be used with the "Elliot waves" script", because it's generating input parameters for the "Elliot waves" scripts. You need to add script to chart and on the right bottom corner you can see table with calibration params. Those values you need to copy to "Elliot waves" script settings to see Elliot...
A script marking Elliot waves on a chart. This script can be used by any user. There is no need to have a PRO or PREMIUM account. Script with limited access, contact author to get authorization According to Elliott, a market cycle consists of eight waves. 5 upward waves and 3 downward waves following them, which are their corrections. In up and down...