The Supply and Demand Anchored indicator is an anchored version of the popular Supply and Demand Visible Range indicator. Once adding the indicator to the chart, users need to manually select the starting and ending points for the indicator's calculation. The estimated supply/demand zones are then extended. 🔶 USAGE The proposed indicator makes use of the...
The Psychological Support/Resistance indicator aims to provide the user with hypothetical support and resistance zones that are likely to provoke a strong reaction in price, either in both directions, providing good bouncing zones or significant movements once those levels are breached. 🔶 CALCULATION The script takes into consideration the total number of...
The "Incomplete Session Candle - Incomplete Timeframe Candle Marker" is an advanced tool tailored for technical analysts who understand the importance of accurate timeframes in their charting. While the indicator is not limited to the Indian market, its genesis is rooted in the nuances of trading sessions like those in India, which span 375 minutes from 9:15 AM to...
The Supply and Demand Daily indicator displays daily supply and demand areas on the user's chart. These areas are constructed using the market data within a previous daily interval. This script makes use of the same logic as our previous Supply and Demand Visible Range indicator . 🔶 USAGE The supply/demand areas & levels displayed by the indicator aim to...
Intraday Intensity Index was created by David Bostian and its use was later featured by John Bollinger in his book "Bollinger on Bollinger Bands" . It is categorically a volume indicator and considered to be a useful tool for analyzing supply and demand dynamics in the market. By measuring the level of buying and selling pressure within a given trading session it...
This is a "Supply and Demand" script designed to help traders spot potential levels of supply (resistance) and demand (support) in the market by identifying pivot points from past price action. Differences from Other Scripts: Unlike many pivot point scripts, this one offers a greater degree of customization and flexibility, allowing users to determine how many...
This indicator is inspired on the Smart Money Concepts indicator (Credits to @LuxAlgo) and it was optimized to show only the most relevant demand and supply zones (premium) on every time frame - but on higher time frames (1H and above) the zones are more relevant and stronger, meaning these zones can handle the price for longer time. I've added a new feature...
Depicts demand-flow between Equities, Bonds and Currencies of 6 countries. Useful in tracking the flow of smart money and checking the dynamics of inter-connected markets. Principle: DXY lies at the heart of the diagram with usd-currency pairs of 5 countries connected to it. When demand for a currency increases it strengthens against Dollar. This is depicted by...
Sharing a simple gap zone identifier, simply detects gap up/down areas and plots them for visual reference. Calculation uses new candle open compared to previous candle close and draws the zone, a mid point is plotted also as far too often it's significance is proven effective. Works on any timeframe and market though I recommend utilizing timeframes such as...
Mark Levels is marking liquidity pools by drawing lines on their pivots and labelling them so that you can instantly detect them on your realtime chart It supports: - marking previous and current day lows and highs - marking previous and current week lows and highs - marking previous and current month lows and highs - marking equal lows and highs ...
Refracted EMA is a price based indicator with bands that is built on moving average. The price range between the bands directly depends on relationship of Average True Range to Moving Average. This gives us very valuable variable constant that changes with the market moves. So the bands expand and contract due to changes in volatility of the market, which makes...
This script uses the standard pivot-high/pivot-low built-in methods to identify pivot points on the chart as a base calculation for the zones. Rather than displaying basic lines, it displays a zone from the original pivot point to the closest part of the available body on the same candle. The script comes in handy by utilizing Pinescripts available input.source()...
This script uses basic Rally Base Rally, Rally Base Drop, Drop Base Drop, and Drop Base Rally concepts to draw supply and demand zones. While the script is designed to account for multiple (up to 5) candles in the "base" phase, the box it will draw will only be the high and low of the last candle before the final Rally/Drop candle.
This indicator will automatically plot support and resistance levels and will also allow you to overlay multi time frame support and resistance on any time frame that you are currently conducting analysis on. In addition you can also set alerts when a support and resistance level is tested, fine tune how many levels you would like to view on your charts, option to...
This indicator is created to find the imbalances when a market exchange receives too many of one kind of order—buy, sell, limit—and not enough of the order's counterpoint and price shoots up or down and it left with unfilled orders. If you know how to trade the imbalances, this indicator can help you by find imbalances automatically.
Supply and Demand - Order Block - Energy Candles Description An experimental script, designed as a visual aid, to highlight the last up or down candle before a fractal break. We can assume these candles where the point of origin that generated enough strength to break recent structure. By using them as reference points, traders are expected to follow their...
This is a modification of a script by RobMinty, "FXN - Asian Session Range" The script provides functionality to track specific trading sessions based on user preference rather than just the market sessions open and close. The idea is to help you hold yourself accountable to your specific trading times as well as backtest various marketing timings suitable to your...
Lines plotted for the Low and High of the region of price that was Overbought or Oversold (Low of the candle that became overbought and highest high in the Overbought period) (High of the candle that became oversold and highest high in the Oversold period) I like to use the dotted lines as pivot points for the reversal of the trend, and also pay attention to...