Wyckoff Trading Range Indicator - an indispensable tool for the astute trader. Uniquely capable of identifying and charting Wyckoff trading ranges, this indicator not only accurately pinpoints accumulation and distribution phases but also marks key events, ensuring you never miss significant trading opportunities. Moreover, with the ability to calculate target...
Supply & Demand Zones (Order Block) Pro with DBD/RBR/RBD/DBR/FVG This indicator helps to identify large price moves driven by banks and institutions. It can be used for any asset type (FOREX, crypto, commodities, indices) and any timeframe. How to use this indicator Message me to gain access. I try to reply within 24 hours. Consider this as more of a...
🔵 Introduction The Price Action, styled as the "Smart Money Concept" or "SMC," was introduced by Mr. David J. Crouch in 2000 and is one of the most modern technical styles in the financial world. In financial markets, Smart Money refers to capital controlled by major market players (central banks, funds, etc.), and these traders can accurately predict market...
OrderBlock-Finder This script shows order-blocks (OB) and fair-value-gaps (FVG). Additionaly there are entry signals for OB and FVG. The Dist-Parameter tell how many candles should exist between the beginning of the OB or FVG and the pullback. Order-Blocks An order block in trading typically refers to a significant grouping of buy or sell orders at a...
This script detects W and M patterns in price action and alerts the trader when these patterns occur, providing potential trading opportunities. W Pattern: A W pattern forms when the price creates two bottoms, separated by a higher low in the middle. It often indicates a reversal from a downtrend to an uptrend. The script plots a green line at the neckline of the...
Inspired by @TTrades_edu video on daily bias, this indicator aims to develop a higher timeframe bias and collect data on its success rate. While a handful of concepts were introduced in said video, this indicator focuses on one specific method that utilizes previous highs and lows. The following description will outline how the indicator works using the daily...
Description This indicator combines three EMA's, Ichimoku Cloud, RSI and MACD. By combining and modifying their use case this turns into an extremely powerful and accessible indicator for finding long and short position entries, below is a description of how to use this indicator, and what makes it different. Primary Use case The three EMA's would be the...
The Divergence Toolkit is designed to automatically detect divergences between the price of an underlying asset and any other @TradingView built-in or community-built indicator or script. This algorithm provides a comprehensive solution for identifying both regular and hidden divergences, empowering traders with valuable insights into potential trend reversals. 🔲...
Self Optimizing Rate of Change (ROC) Strategy. (non-repainting) Script constantly tests 15 different ROC parameter combinations for maximum profitability and trades based on the best performing combination. You will notice that signal lines switch after a bar close sometimes, this is when the strategy optimizes to the better combination and change plots, strategy...
- Overview Auto-magnifier shows a lower timeframe view of candles and volume bars inside any main timeframe candle by zooming into it. Candles and volume bars as they develop are shown chronologically from left to right. By default, magnifier is triggered when less than 3 candles are visible on the chart. By default, 20 lower timeframe candles are...
This is a simple indicator which will mark High & Low of last three days. Close of Previous Day The High lines will show in RED color, Low lines in green & close lines in Yellow. The advantage of using this indicator is - It will greyed out or fade the color of any previous day level if the price is breached of that level. For example if 2 day's ago High price...
💎 GENERAL OVERVIEW Introducing our new Breaker Blocks Screener! This screener can provide information about the latest breaker blocks in up to 5 tickers. You can also customize the algorithm that finds the breaker blocks and the styling of the screener. Features of the new Breaker Blocks Screener : Find Latest Breaker Blocks Accross 5 Tickers Latest...
The use of the Double Exponential Moving Average (DEMA) within your Adjusted Average True Range (ATR) calculation serves as a cornerstone for enhancing the indicator's responsiveness to market changes. To delve deeper into why DEMA is employed specifically in the context of your ATR calculation, let's explore the inherent qualities of DEMA and its impact on the...
Introducing the "Magic Vib Indicator" V1 Adeed more extention so it works better on higher time frames, Plus a colour changer so now you can pick a colour for bullish and bearish a powerful tool designed to identify and highlight unique market scenarios known as "magic volume imbalances." This indicator is specifically crafted to recognize specific candlestick...
A user-friendly tool designed for a quick visual preview of the next 5 candles on your trading chart. Here's how to use it effortlessly: Set Open Prices: Adjust the open prices for the upcoming 5 candles using the inputs labeled Next close #1 to Next close #5. Toggle Candles: Use the checkboxes (p1 to p5) to enable or disable the drawing of each corresponding...
Introducing the Fair Value Gaps (FVG) Indicator by OmegaTools, a distinctive and analytical tool designed for TradingView. This script meticulously identifies and visualizes fair value gaps within the market, offering traders a nuanced understanding of potential price movement areas that are not immediately apparent through traditional analysis. Concept and...
🔵 Introduction The concept of "liquidity pool" or simply "liquidity" in technical analysis price action refers to areas on the price chart where stop losses accumulate, and the market, by reaching those areas and collecting liquidity (Stop Hunt), provides the necessary energy to move the price. This concept is prominent in the "ICT" and "Smart Money" styles....
Introducing the "Cycle Oscillator" by OmegaTools, an innovative addition to your TradingView analysis toolkit. This script is designed to offer a unique approach to understanding market cycles without the need for volume data, making it versatile across various market conditions and asset classes. Key Features: - Cycle Length Customization: Tailor the cycle...