Get started

Breadth Indicators

Fractals and Pattern MandelbrotThis indicator show classic fractals and patterns of force long or short if they are on the top or on the low of a x candles, so they try to anticipate the inversion of the trend. The purple arrow indicate the fractals and the blue indicate the pattern for the inversion of the trend. For the targets and the stop we need to use Fibonacci extentions modificate with this values: -1.64 -0.64 1.5563 2.422 3.5699 4.669 5.8664 9.1299 14.208 and use this A,B,C points: For long positions A is the LAST RED CLOSE, B is the GREEN CLOSE just before the blue arrow, C is B. the -1.64 is the stop loss, if price close under that the -0.64 is the best level to enter long For short positions A is the LAST GREEN CLOSE, B is the RED CLOSE just before the blue arrow, C is B. the -1.64 is the stop loss, if price close above that the -0.64 is the best level to enter short
Pine Script™ indicator
by CipherSage256
10
Didi Index OriginalO conceito das agulhadas é bem simples, colocando-se em um gráfico 3 Médias Móveis Simples, uma de 3 períodos, uma de 8 e uma de 20, sempre que as 3 médias passarem simultaneamente por dentro do Corpo Real de um Candle nós dizemos que temos uma agulhada. Isto por que o movimento é semelhante a passar uma linha por dentro da cabeça de uma agulha. Quando após a agulhada ocorrer as médias saírem na ordem: Média de 3 períodos acima, de 8 no meio e de 20 em baixo, temos uma Agulhada de Alta , o que significa que os preços devem subir rapidamente logo após este sinal. Se a ordem for inversa, ou seja, a Média de 20 períodos acima, a de 8 no meio e a de 3 em baixo, temos uma Agulhada de Baixa, o que significa que os preços devem cair rapidamente após o sinal. Há apenas 3 importantes observações que devem ser consideradas: É importante notar que caso a Média de 8 períodos não saia -1.63% da Agulhada no meio das outras duas médias em nenhuma das duas situações, a Agulhada será descaracterizada; Após a Agulhada ser observada, é importante aguardar pela confirmação do sinal por mais uma barra para evitar sinais falso. Este é o conceito tradicional. ------ The concept of the needles is very simple, placing on a graph 3 Simple Moving Averages, one of 3 periods, one of 8 and one of 20, whenever the 3 means pass simultaneously inside the Real Body of a Candle we say that we have a needle. This is because the movement is similar to passing a line through the head of a needle. When after the needling occurs the averages come out in the order: Average of 3 periods above, 8 in the middle and 20 in lower, we have a High Needle, which means that prices must rise rapidly soon after this signal. If the order is the reverse, ie the average of 20 periods above, that of 8 in the middle and that of 3 down, we have a Down Needle, which means that prices must drop quickly after the signal. There are only 3 important observations that should be considered: It is important to note that if the Mean of 8 periods does not leave the Needle in the middle of the other two means in either of the two situations, the Needle will be decharacterized; After the Needle is observed, it is important to wait for the confirmation of the signal for another bar to avoid false signals. This is the traditional concept.
Pine Script™ indicator
by marciobisognin
RIZ OBV with coloured CCIThis ones useful for spotting divergence on OBV, and also includes CCI to show overbought and oversold areas in the volume. I've coloured the OBV bar with the CCI levels. Look for divergence (best results on 5min chart I believe) with this and you can spot where to sell if a second peak is not supported by volume, also shows where the big guns are dumping lots of volume! A volume study is always a good addition to any analysis I feel, and this is one of my day to day always on indicators.
Pine Script™ indicator
by HolRiz
3
Variance of OBVIDEA is to easily spot the length of a calm periods based on OBV. Some says that after a longer OBV-calm (but not supercalm) period up or down rallies are somewhat more likely) METHOD: variance of OBV ADVISE: cannot be used on its own, just with others (RSI, CCI, Coppock, MACD etc.) Period shall be adjusted to the market. PERSONAL: I also use it to evaluate how long an uptrend/downtrend is "normal" and when it is a "changer". Also to see if a market is too flat. (No changes in flat periods is also not a good sign for me) Also to evaluate magnitude of bursts. Have fun, use stops, avoid FOMO and comments welcome!
Pine Script™ indicator
by bricoleurs
High Low DayBox//Created By Ahoudori //High Low DayBox study(title="High Low DayBox", shorttitle="High Low DayBox", overlay=true) st = input(true, title="Show Todays OHLC?") //sy = input(false, title="Show Yesterdays OHLC?") //Daily ph = security(tickerid, 'D', high) //pdh = security(tickerid, 'D', high ) pl = security(tickerid, 'D', low) //pdl = security(tickerid, 'D', low ) //Daily Plots //offs_daily = 0 plot(st and ph ? ph : na, title="Daily High", style=line, linewidth=1, color=blue) //plot(sy and pdh ? pdh : na, title="Previous Daily High", style=cross, linewidth=1, color=lime) plot(st and pl ? pl : na, title="Daily Low", style=line, linewidth=1, color=red) //plot(sy and pdl ? pdl : na, title="Previous Daily Low", style=cross, linewidth=1, color=red)
Pine Script™ indicator
by ahoudori