GOM Tdi Killer(God Of Market's)Here’s a professional and engaging description for your Pine Script indicator, "GOM Tdi Killer," that you can use when publishing it on TradingView. This description highlights the key features, benefits, and usage of the script to attract users and explain its functionality clearly.
GOM Tdi Killer - Advanced RSI-Based Trading Indicator
The GOM Tdi Killer is a powerful and versatile trading indicator designed to help traders identify high-probability trade setups using a combination of RSI, volatility bands, and custom signal lines. Built for precision and clarity, this indicator is perfect for traders looking to enhance their technical analysis and improve decision-making in both trending and ranging markets.
Key Features:
1. Dynamic RSI Analysis:
- Utilizes a customizable RSI period to measure market momentum.
- Plots the RSI value along with smoothed signal lines for clearer trend identification.
2. Volatility Bands:
- Calculates upper and lower volatility bands based on the standard deviation of RSI.
- Helps identify overbought and oversold conditions with greater accuracy.
3. Market Base Line (MBL):
- A central reference line derived from the midpoint of the volatility bands.
- Acts as a dynamic support/resistance level and trend filter.
4. SharkFin Alerts:
- Detects potential reversal zones when price interacts with the upper or lower volatility bands.
- Highlights high-probability buy/sell zones with clear visual signals.
5. Squeeze Alerts:
- Identifies periods of low volatility (squeeze) that often precede significant breakouts.
- Alerts traders to prepare for potential trend continuation or reversal.
6. Customizable Parameters:
- Adjustable RSI period, volatility band length, and signal line periods to suit your trading style.
- Optional slope drawing for the Market Base Line (MBL) to visualize trend direction.
7. Visual Clarity:
- Clean and intuitive plotting of RSI, volatility bands, and signal lines.
- Custom shapes and colors for alerts, making it easy to spot trading opportunities.
How to Use:
1. Trend Identification:
- Use the Market Base Line (MBL) to determine the overall trend. Price above the MBL suggests a bullish trend, while price below indicates a bearish trend.
2. Overbought/Oversold Conditions:
- Look for price interactions with the upper and lower volatility bands to identify potential reversal zones.
3. SharkFin Alerts:
- Enter trades when SharkFin High (sell) or SharkFin Low (buy) signals appear, confirming potential reversals.
4. Squeeze Alerts:
- Watch for squeeze alerts to anticipate breakout opportunities. Combine with other technical analysis tools for confirmation.
5. Customization:
- Adjust the input parameters (e.g., RSI period, volatility band length) to match your preferred trading timeframe and strategy.
Why Choose GOM Tdi Killer?
- Versatility: Works across all timeframes and asset classes, including forex, stocks, commodities, and cryptocurrencies.
- Precision: Combines RSI, volatility bands, and signal lines to filter out noise and focus on high-quality setups.
- User-Friendly: Easy-to-read visuals and customizable settings make it suitable for both beginners and advanced traders.
- Alerts: Built-in alert conditions for SharkFin and Squeeze signals ensure you never miss a trading opportunity.
Input Parameters:
RSI Period: Adjust the RSI calculation period (default: 21).
Volatility Band: Set the length for volatility band calculation (default: 34).
RSI Price Line: Smooth the RSI line for clearer signals (default: 2).
Trade Signal Line: Adjust the trade signal line period (default: 7).
SharkFin Levels: Customize the upper and lower SharkFin levels (default: 63.0 and 37.0).
Draw MBL Slope: Toggle the slope drawing for the Market Base Line (default: true).
Ideal For:
Swing traders looking for high-probability reversal setups.
Day traders seeking clear entry and exit signals.
Investors analyzing market momentum and volatility.
Disclaimer:
This indicator is a tool to assist in technical analysis and should not be used as the sole basis for trading decisions. Always combine it with proper risk management and additional analysis. Past performance is not indicative of future results.
Get Started Today!
Add the GOM Tdi Killer to your TradingView chart and take your trading to the next level. Whether you're a beginner or an experienced trader, this indicator will help you spot opportunities with confidence and precision.
Btmm
BTMM OFJ FOR BEST RESULTS PLEASE SWITCH TO LINE CHART OR DISABLE THE CHART CANDLES. BELOW IS A LINE WITH OPACITY TURNED DOWN TO 15%
ASIA, LONDON, AND NEW YORK SESSIONS CAN BE CUSTOMIZED (1ST 3 HRS DEFAULT)
VOLUME CANDLES CAN BE APPLIED WITH SUPPLY AND DEMAND OR MARKET MAKER METHOD. IN A STRONG TREND YOU WANT TO SEE REPEATED HIGH VOLUME CLUSTERS IN THE DIRECTION OFTHE TREND AND FADING LOW VOLUME ON THE RETRACE
BASICK KEY LEVELS WEEKLY INITIAL BALANCE (MONDAY+TUESDAY HIGHEST HIGH AND LOWEST LOW) YESTERDAY AND LASY WKHI/LO
QUICK APPLICATON
BTMM V2Similar to the first BTMM (R.Noodle) this version of the script is tailored towards key level traders. This includes intraday, daily, and higher TF traders.
**REMOVED** background tckr info, candle color according to day, and market sessions
**Replaced**key levels & market sessions
**NEW**initial balance analytics first Friday and every Monday
Market Sessions
UK=1ST 3HRS US=1ST 3 HRS =ASIA/DAILY INITIAL BALANCE = 1ST SESS 1ST 1HR HIGH/LOW
Since the Asian session starts the day we can also grab the initial balance for the day as well. (note that using the Asian session extend function you will not be given the Asian session end time. Extend function makes the session close run through the entire day)
INITIAL BALANCE PANEL/BOX
WEEKLY INITIAL BALANCE
PIP LINES
double zero (00) and 50 pip levels are strong levels the market respects. one can reduce risk by entering at major confluences and key levels examlpe below
FIRST FRIDAY + EVERY MONDAY
KEY LEVELS
you can have today, yesterday, last week, last month, last qtr, and last year along with the mid point of all. below are key levels for day traders
BTMM R.NOODLEThis script aims to encompass the style of Traders Reality, Steve M (BTTM), and Stacey Burke (youtube)
yesterday and last wk high and low
Custom watermark with examples (good for fullscreen multicharts)
can set it to show the year and week x of year
Colored candles for ays of week.
The theory behind these colors are that monday and tuesday set your initial balance for the week . having color seperation helps identify the balance
mon-tues = initial balance :green
wed +thu : blue
friday: red
Session boxes and daily initial balance
displays the asian and european trading session as one
displays the ny session first 3 hrs
how to combine sessions, weekly ib, daily ib, and sessions
will add pip lines 00/.50 increments at a later date
3 or more consecutive candles
This indicator Colors in candles if there are 3 or more consecutive bearish or bullish candles.
If you are familiar with the BTMM/Stacey Burke Trading concept of expecting a stop hunt after 3 cycles of rise/fall this indicator may be useful to you.
I'm new to coding/making indicators so the code may not be as polished so please bare with me, I am in the process of learning :)
Eventually I'll make it so that you can edit the minimum and maximum number of candles needed for it to be colored, but it may take a long time lol.
NKD Kings & Queens (UTC 0:00, UK Time)This indicator is for the NKD Forex Kings & Queens. Use this version if you live in the United Kingdom UTC 0:00 time zone.
NKD Kings & Queens (UTC -5:00, New York/Toronto Time)This indicator is for the NKD Forex Kings & Queens. Use this version if you live in the New York/Toronto UTC -5:00 time zone.
