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Multitimeframe

Elliot Wave Helper Table█  OVERVIEW This indicator is intend to be helper to help Elliot Wave user to properly Elliot Wave tools according to correct degree such as 12345 or ABCWXY. The abbreviation changes according to timeframe. █  FEATURES 1. Abbreviation degree adaptive to timeframe. Eg : Subminutte for 1 minute chart, etc. 2. Works for custom timeframe. Eg : Subminutte for 1 to 4 minute chart, etc. 3. Show reference table if necessary. █  REFERENCE Adaptive Elliot Wave Degree Chart █  EXAMPLES / USAGES
Pine Script™ indicator
by RozaniGhani-RG
3
Multi-timeframe Harmonic PatternsHello friends. In recent months I have been busy with my academic research and haven't had much time to publish new scripts. To fill the gap of these months, I decided to publish the indicator Multi-timeframe Harmonic Patterns . Harmonic technical chart patterns can predict the next price trend and provide traders with clues to the price direction, which is one of the indicators widely used by professional traders. (1) Indicator description This indicator is built on ZigZag Multi Time Frame with Fibonacci Retracement@LonesomeTheBlue . Thanks to LonesomeTheBlue for contributing the awesome indicator The indicator supports 6 different timeframes , and 25 different harmonic patterns This indicator supports indicating key indicator prices: entry price, stop loss price, and two take profit prices (2) Key parameters timeframe resolution: The timeframe of the harmonic pattern pivot high/low source: Calculation method of high/low pivot points timeframe pivot period: Minimum period of high/low pivot points delay for confirmations: Wait for N candles to confirm the chart pattern bullish/bearish colors: Bullish/bearish pattern colors enable harmonic patterns: Enable current harmonic patterns show harmonic patterns: Show harmonic patterns found show trading prices of patterns: Show key prices of harmonic patterns (3) Supported Patterns: Gartlay Cypher Bat Deepcrab Crab Butterfly Shark 0-5 AB=CD 3-Drives Anti-Gartlay Anti-Cypher Anti-Bat Anti-Crab Anti-Butterfly Anti-Shark Black-Swan White-Swan Descending-Triangle Ascending-Triangle Symmetrical-Triangle Headers&Shoulders Inverse-Headers&Shoulders Double-Top Double-Bottom ———————————————————————————————————————— 各位朋友大家好。最近几个月我忙于自己的学术研究没有过多时间更新脚本。为弥补这几个月的空缺，我决定发布该 多时间周期的谐波指标 。谐波技术图表形态在一定程度上可以预测下一个价格走势，为交易者提供价格方向的线索，是广大专业交易人员广泛使用的指标之一。 (1) 指标说明 该指标建立于 ZigZag Multi Time Frame with Fibonacci Retracement@LonesomeTheBlue ，感谢LonesomeTheBlue贡献的出色指标 该指标支持 6种不同的时间周期 ，以及 25种不同的谐波形态 该指标支持指示关键的指标价格：入场价格、止损价格、以及两种止盈价格 (2) 关键参数 timeframe resolution: 谐波形态的时间周期 pivot high/low source: 高/低枢纽点的计算方式 timeframe pivot period: 高/低枢纽点的最小周期 delay for confirmations: 等待N个蜡烛以确认图表形态 bullish/bearish colors: 看涨/看跌的形态颜色 enable harmonic patterns: 使能当前的谐波形态 show harmonic patterns: 显示被发现的谐波形态 show trading prices of patterns: 显示谐波形态的关键价格 (3) 支持形态: Gartlay Cypher Bat Deepcrab Crab Butterfly Shark 0-5 AB=CD 3-Drives Anti-Gartlay Anti-Cypher Anti-Bat Anti-Crab Anti-Butterfly Anti-Shark Black-Swan White-Swan Descending-Triangle Ascending-Triangle Symmetrical-Triangle Headers&Shoulders Inverse-Headers&Shoulders Double-Top Double-Bottom
Pine Script™ indicator
by dandrideng
24
OHLC ToolOHLC Tool allows you to display Current or Historical OHLC Values as horizontal lines that extend to the right on your chart. Features Variable Lookback to display a specific historical bar's values. Default = 1 (Previous Candle) Customizable Timeframe to view HTF Candle values. Custom Line Colors, Styles, and Thicknesses. Price Scale Value Display Capability. For displaying the line values and labels on the price scale you will need to enable: "Indicator and financials name labels" and "Indicator and financials value labels" These options are found in the Price Scale Menu under Labels. Price Scale Menu > Labels When you do this you will notice your other indicator values will also be on the price scale, if you wish to disable these, go to the indicator settings under the "Style" Tab, Uncheck the "Labels on price scale" box. Indicator Settings > Style > "Labels on price scale" Enjoy!
Pine Script™ indicator
by SamRecio
7
BankNifty_Bullish_Intraday The script uses following mechanism to give a signal of BUY if multiple parameters evaluated are all passed. ENTRY- 1. 5 min MACD should be more than its previous tick 2. 15 min MACD should be more than its previous tick 3. 60 min MACD should be more than its previous tick 4. ADX should be more than 12 5. RSI should be more than 60 6. Stochastic %k should have cross over with %d 7. Bollinger band upper band value should be more than previous tick EXIT If the 5 min bar price closes below 5 min EMA , it gives an exit signal.
Pine Script™ strategy
by makarandpatil
2
BankNifty_Bearish_Intraday The script uses following mechanism to give a signal of SELL if multiple parameters evaluated are all passed. ENTRY- 1. 5 min MACD should be less than its previous tick 2. 15 min MACD should be less than its previous tick 3. 60 min MACD should be less than its previous tick 4. ADX should be more than 12 5. RSI should be less than 40 6. Stochastic %k should have negative cross over with %d 7. Bollinger band lower band value should be less than previous tick EXIT If the 5 min bar price closes above 5 min EMA , it gives an exit signal.
Pine Script™ strategy
by makarandpatil
2
ICT Killzone by JeawThis is an indicator script for TradingView called "ICT Killzone". It is a useful tool for identifying the London and New York open and close sessions, as well as the Asian range on the chart. The appearance of the "killzones" can be customized by selecting colors and transparencies for each session. Boxes can also be displayed around each session and labels with additional information can be added. This script is compatible with intraday charts and time multipliers up to 60 minutes. It was created by Jeaw and is based on the ideas of the ICT (Institutional Cash Trades) methodology. This script can help traders avoid entering the market during high impact news events and periods of low liquidity. By identifying these potentially volatile times, traders can better manage their risk and improve their overall trading strategy.
Pine Script™ indicator
by jotastorres
Volatility Trackerhi there, fellows. this is a very simple and quite straightforward indicator. so far the simplest we've built. on what it does in regard to current chart and timeframe it plots a. Open - Close as a percentage of the Open (we regard open as more relevant than close, for as you can use latest estimates in current candle) in daily change coloring (so one may have an idea if there is a trend or sideways move unfolding) b. High - Low as a percentage of the Open, so one may compare extreme moves with final ones in the period c. Volume as a percentage distance from its WMA200 (always this one, a way better reference for normalcy). (e. g. a positive value x means Volume is x% above its WMA200) on what it means to the best of our imperfect and incomplete understanding, we believe that low volatility periods lead to high volatility periods, so one might want to enter the market in low volatility periods to enjoy wild rides afterwards. such a trade of course would be, for the sake of making sense, a long volatility one. the timing for entrance could be once that the volatility waves fades to chart minimums. we're open to critics, suggestions and comments. best regards.
Pine Script™ indicator
by greenfield_br
8
dmn's ICT ToolkitThis is my quality of life indicator for forex trading using the methods and concepts of ICT. The idea is to automate marking up important price levels and times of the day instead of doing it manually every day. Killzones Marks the most volatile times of the day on the chart, during which the intraday high/low usually takes place. Particularly impactful when there's news released during these times. London Open (02:00-05:00 EST) New York Open (08:30-11:00 EST) London Close (10:00-11:30 EST) True Day delineation Vertical line at the start of the "true day" (00:00 EST), start of the algorithmic trading day and aids in visualizing the intraday direction. New York midnight price level Noteworthy price level at the start of the "true day". This price level is referenced by the interbank trading algorithms during the day. Buy below it on bullish days, sell above it on bearish days. Daily open price level Reference level for optimal trade entries. Buy below it on bullish days, sell above it on bearish days. Central Banks Dealers Range (CBDR) (14:00-20:00 EST) & Central Banks Dealers Flout (CBDF) (15:00-24:00 EST) & Asian Range (AR) (20:00-24:00 EST) The standard deviation lines available are used to make predictions for short-term future highs/lows when the CBDR and AR are smaller than 40 pips. Trade them by looking for 5/15min key levels that converge with the projection levels. X days Average Daily Range (ADR) Default to 5 days back, gives an idea of how much movement to expect intraday when the ADR high/low is converging with CBDR/CBDF/AR standard deviations. Current Daily Range (CDR) Used for comparison against the ADR to help determine if there's enough intraday range left to enter a trade. Dynamically changes color based on percentage of the ADR. Green below 50% of ADR, orange between 50 and 100%, red when CDR exceeds ADR. All of the above are used in conjunction with each other and higher timeframe levels of importance to find entries and target. Note: Preferably use New York's time zone for your charts.
Pine Script™ indicator
by fxdmn
96
Musashi_Katana=== Musashi-Katana === This tool was designed to fit my particular trading style and personal theories about the "Alchemy of the markets" and ''Harmonic Structure'. Context When following a Technical approach to to surf the markets, there are teachings that must be understood before reaching a confort-zone, this usually happen the possible worst way by constant experimentation, it hurts. Here few technical hints: - Align High timeframes with lower timeframes: This simple concept relax a lot complexity of finding of a trend bias. Musashi-Katana allows you to use technical indicator corresponding to specific timeframes, like daily weekly or yearly. They wont change when you change the chart's timeframe, its very useful as you know where you're standing in the long term, Its quite relaxing. - Use volume: The constant usage of volume will allow you to sync with the market's breathing. This shows you the mass of money flowing into and out of the market, is key if you want to understand momentum. This tool can help here, as it have multi-period vwaps. You can use yearly, monthly for swing trading, and even weekly if you enjoy scalping. Useful stuff: - You have access to baselines, AMA and Kijun-sen with the possibility of adding ATR bands. - AMAs come as two lines strategies for different approaches, fast medium or slow. - You can experiment with normal and multi timeframe moving averages and other trend tools. Final Note If used correctly Musashi-Katana is a very powerful tool, which makes no sense as there is no correct usage. Don't add everything at the same time, experiment, combine stuff, every market is different. Backtest every possible strategy before using it, see what works and doesn't. This gives you a lot of peace, specially while you're at the tip of the spear surfing the markets --> I personally use this in combination with 'Musashi_Slasher (Mometum+Volatility)', as it gives me volatility and momentum in a very precise way.
Pine Script™ indicator
by Musashi-Alchemist
2
Coin & market cap tableThis table was built specifically for the Crypto market. It gives you a quick overview of the markets without having to scroll through numerous charts. The information is the overall markets daily change and the charts coins movement on a daily, weekly and monthly basis. The weeks start on a Monday morning, the months start on the 1st of the month so this is last weeks data and last calendar months data. It also gives you Bitcoins dominance. (Total2) you can change it to Bitcoin & Ethereum dominance (Total3)
Pine Script™ indicator
by Streetcoin
Estimated Time At Price [Kioseff Trading]Hello! This script uses the same formula as the recently released "Volume Delta" script to ascertain lower timeframe values. Instead, this script looks to estimate the approximate time spent at price blocks; all time estimates are in minute.second format. The image above shows functionality. Time spent at price levels/blocks are estimated in duration. The highest estimated block is the highlighted level and a POC line is extended right until violated. Colors, the presence of POC lines and whether they're removed subsequent violation are all configurable. As show in the image above, the data is displayable in an additional format. When select the "non-classic" format shown above - precise price levels are calculated and the estimated time spent at those levels is summed and displayed right of the current bar. The off-colored level (yellow in the example) denotes the price level encompassing the highest *estimated* time spent. You can deselect the neon effect and choose to have the script recalculate after any conceivable amount of time has passed. The script can also calculate for the most current bar should you configure it to do so. That's all! (for now). A quick/easy script building off an existing foundation. If you've any ideas for features and ways to "spice up" this script please let me know (: I'll gladly incorporate requests. Thank you!
Pine Script™ indicator
by KioseffTrading
22
WaveTrend 3D█  OVERVIEW WaveTrend 3D (WT3D) is a novel implementation of the famous WaveTrend (WT) indicator and has been completely redesigned from the ground up to address some of the inherent shortcomings associated with the traditional WT algorithm. █  BACKGROUND The WaveTrend (WT) indicator has become a widely popular tool for traders in recent years. WT was first ported to PineScript in 2014 by the user @LazyBear, and since then, it has ascended to become one of the Top 5 most popular scripts on TradingView. The WT algorithm appears to have origins in a lesser-known proprietary algorithm called Trading Channel Index (TCI), created by AIQ Systems in 1986 as an integral part of their commercial software suite, TradingExpert Pro. The software’s reference manual states that “TCI identifies changes in price direction” and is “an adaptation of Donald R. Lambert’s Commodity Channel Index (CCI)”, which was introduced to the world six years earlier in 1980. Interestingly, a vestige of this early beginning can still be seen in the source code of LazyBear’s script, where the final EMA calculation is stored in an intermediate variable called “tci” in the code. █  IMPLEMENTATION DETAILS WaveTrend 3D is an alternative implementation of WaveTrend that directly addresses some of the known shortcomings of the indicator, including its unbounded extremes, susceptibility to whipsaw, and lack of insight into other timeframes. In the canonical WT approach, an exponential moving average (EMA) for a given lookback window is used to assess the variability between price and two other EMAs relative to a second lookback window. Since the difference between the average price and its associated EMA is essentially unbounded, an arbitrary scaling factor of 0.015 is typically applied as a crude form of rescaling but still fails to capture 20-30% of values between the range of -100 to 100. Additionally, the trigger signal for the final EMA (i.e., TCI) crossover-based oscillator is a four-bar simple moving average (SMA), which further contributes to the net lag accumulated by the consecutive EMA calculations in the previous steps. The core idea behind WT3D is to replace the EMA-based crossover system with modern Digital Signal Processing techniques. By assuming that price action adheres approximately to a Gaussian distribution, it is possible to sidestep the scaling nightmare associated with unbounded price differentials of the original WaveTrend method by focusing instead on the alteration of the underlying Probability Distribution Function (PDF) of the input series. Furthermore, using a signal processing filter such as a Butterworth Filter, we can eliminate the need for consecutive exponential moving averages along with the associated lag they bring. Ideally, it is convenient to have the resulting probability distribution oscillate between the values of -1 and 1, with the zero line serving as a median. With this objective in mind, it is possible to borrow a common technique from the field of Machine Learning that uses a sigmoid-like activation function to transform our data set of interest. One such function is the hyperbolic tangent function (tanh), which is often used as an activation function in the hidden layers of neural networks due to its unique property of ensuring the values stay between -1 and 1. By taking the first-order derivative of our input series and normalizing it using the quadratic mean, the tanh function performs a high-quality redistribution of the input signal into the desired range of -1 to 1. Finally, using a dual-pole filter such as the Butterworth Filter popularized by John Ehlers, excessive market noise can be filtered out, leaving behind a crisp moving average with minimal lag. Furthermore, WT3D expands upon the original functionality of WT by providing: First-class support for multi-timeframe (MTF) analysis Kernel-based regression for trend reversal confirmation Various options for signal smoothing and transformation A unique mode for visualizing an input series as a symmetrical, three-dimensional waveform useful for pattern identification and cycle-related analysis █  SETTINGS This is a summary of the settings used in the script listed in roughly the order in which they appear. By default, all default colors are from Google's TensorFlow framework and are considered to be colorblind safe. Source: The input series. Usually, it is the close or average price, but it can be any series. Use Mirror: Whether to display a mirror image of the source series; for visualizing the series as a 3D waveform similar to a soundwave. Use EMA: Whether to use an exponential moving average of the input series. EMA Length: The length of the exponential moving average. Use COG: Whether to use the center of gravity of the input series. COG Length: The length of the center of gravity. Speed to Emphasize: The target speed to emphasize. Width: The width of the emphasized line. Display Kernel Moving Average: Whether to display the kernel moving average of the signal. Like PCA, an unsupervised Machine Learning technique whereby neighboring vectors are projected onto the Principal Component. Display Kernel Signal: Whether to display the kernel estimator for the emphasized line. Like the Kernel MA, it can show underlying shifts in bias within a more significant trend by the colors reflected on the ribbon itself. Show Oscillator Lines: Whether to show the oscillator lines. Offset: The offset of the emphasized oscillator plots. Fast Length: The length scale factor for the fast oscillator. Fast Smoothing: The smoothing scale factor for the fast oscillator. Normal Length: The length scale factor for the normal oscillator. Normal Smoothing: The smoothing scale factor for the normal frequency. Slow Length: The length scale factor for the slow oscillator. Slow Smoothing: The smoothing scale factor for the slow frequency. Divergence Threshold: The number of bars for the divergence to be considered significant. Trigger Wave Percent Size: How big the current wave should be relative to the previous wave. Background Area Transparency Factor: Transparency factor for the background area. Foreground Area Transparency Factor: Transparency factor for the foreground area. Background Line Transparency Factor: Transparency factor for the background line. Foreground Line Transparency Factor: Transparency factor for the foreground line. Custom Transparency: Transparency of the custom colors. Total Gradient Steps: The maximum amount of steps supported for a gradient calculation is 256. Fast Bullish Color: The color of the fast bullish line. Normal Bullish Color: The color of the normal bullish line. Slow Bullish Color: The color of the slow bullish line. Fast Bearish Color: The color of the fast bearish line. Normal Bearish Color: The color of the normal bearish line. Slow Bearish Color: The color of the slow bearish line. Bullish Divergence Signals: The color of the bullish divergence signals. Bearish Divergence Signals: The color of the bearish divergence signals. █  ACKNOWLEDGEMENTS @LazyBear - For authoring the original WaveTrend port on TradingView @PineCoders - For the beautiful color gradient framework used in this indicator @veryfid - For the inspiration of using mirrored signals for cycle analysis and using multiple lookback windows as proxies for other timeframes
Editors' picks
Pine Script™ indicator
by jdehorty
86
Slow but limitless moving averagesThis aproach shows how to execute diffrent MAs with diffrent lenghts conditionaly with only one MA function call. Current method allows to swap inputs of functions on the fly, but due to pinescript limitations calculation is slow. Publishing this script like an indicator not a libriary because i am working on better calculation method that can be evaluated, also data collecting and processing can be optimised, BUT its still extrimely useful aproach if you dont need to calculate (and swap inputs condtionaly for) more than 8 HTF MAs on every bar.
Pine Script™ indicator
by f4r33x
VWAP & Previous VWAP - MTF█ Volume Weighted Average Price & Previous Volume Weighted Average Price - Multi Timeframe This script can display the daily, weekly, monthly, quarterly, yearly and rolling VWAP but also the previous ones. █ Volume Weighted Average Price (VWAP) The VWAP is a technical analysis tool used to measure the average price weighted by volume. VWAP is typically used with intraday charts as a way to determine the general direction of intraday prices. VWAP is similar to a moving average in that when price is above VWAP, prices are rising and when price is below VWAP, prices are falling. VWAP is primarily used by technical analysts to identify market trends. █ Rolling VWAP The typical VWAP is designed to be used on intraday charts, as it resets at the beginning of the day. Such VWAPs cannot be used on daily, weekly or monthly charts. Instead, this rolling VWAP uses a time period that automatically adjusts to the chart's timeframe. You can thus use the rolling VWAP on any chart that includes ​volume information in its data feed. Because the rolling VWAP uses a moving window, it does not exhibit the jumpiness of VWAP plots that reset. For the version with standard deviation bands. MTF VWAP & StDev Bands
Pine Script™ indicator
by Yatagarasu_
2
(2) Two AlertsCurrent Trading View free plan allows only ONE active alert. This simple indicator Allows to trigger this ONE and ONLY alert when price reaches Higher, or Lower price level. You can set levels and turn alerts for them on/off in settings, or by just drag-n-dropping Horizontal lines on the chart. To set the only alert you need to create new alert, and change it's following parameters : condition : 2alerts Any alert function() call Feel free to modify it on your needs.
Pine Script™ indicator
by LeoTheMors
1
Trend & atr day & calcHi! Why for what and how in this script? At the time of publication the script consists of three modules, it may increase in the future. 1. Bottom left corner : daytime ATR module (idea and basis of the author's script - ???) - The size of the daily ATR based on 14 bars; - intraday ATR progress; - colour indication of the progress status, for easier visual perception (green < 70%, yellow 70-90 and red over 90% of ATR) By evaluating the progress of the daily ATR, it is possible to suggest and expedient to enter/exit/hold a trade. 2. Top right: trend module The trend is calculated based on Bill Williams' alligator indicator - trend status on specified timeframes for the current ticker; - colour indication for visual perception (green - growing trend, yellow - alligator is sleeping, red - downtrend) Do not forget that the alligator is based on moving averages with the resulting consequences. Its purpose is to assess the state of the trend on other ticker TFs, without additional actions (switching to another screen or TF) 3. In the bottom left corner - risk and position calculator (based on an idea of the risk calculator by @andrei.bunulu) It helps to determine the advisability of entering the trade and also what size position to enter into the trade, within money management strategy chosen. - The calculator works in two directions: long deal and short deal (short deal calculation is enabled by check-box in settings) - two calculation methods: a. based on the set stop loss % (default is 0.3%), in this mode the stop and takeout level is automatically calculated (default is 1 / 3). b. by entering the desired price levels (entry, stop and take profit points) To make this work correctly please do not forget to choose the type of calculation (% or price) in the settings, and the currency symbol (for visual representation in the results). The calculator can take into account the set commissions and spreads. When hovering over the module - tooltips are displayed. Each module can be enabled / disabled in the settings. The size and arrangement of the modules is made for joint use with the script - "Abnormal Bar". /// а по-русски это так /// Привет! Зачем для чего и как в этом скрипте? На момент публикации скрипт состоит из трех модулей, возможно в будущем увеличится. 1. В левом нижнем углу : модуль дневного ATR (идея и основа скрипт автора - ???) - размер дневной ATR на основании 14 баров; - прогресс ATR внутри дня; - цветовая индикация состояния прогресса, для более простого визуального восприятия (зеленый < 70%, желтый 70-90 и красный более 90% ATR) Оценивая прогресс дневного ATR, можно предположить и целесообразности входа / выхода / удержания из сделки. 2. В правом верхнем углу: модуль тренда Тренд рассчитывается на основе индикатора - аллигатор Билла Вильямса - состояние тренда на указанных таймфреймах для текущего тикера; - цветовая индикация для визуального восприятия (зеленый - растущий тренд, желтый - аллигатор спит, красный - нисходящий тренд) Не забываем, что аллигатор построен на основе скользящих средних с вытекающими последствиями. Назначение - оценить состояние тренда на других ТФ тикера, без дополнительных действий (переключения на другой экран или ТФ) 3. В нижнем левом углу - калькулятор рисков и позиции (на основе идеи калькулятора аuthor: @andrei.bunulu) Помогает определить целесообразность входа в сделку, а также каким размером позиции входить в сделку, в рамках выбранной стратегии мани менеджмента. - калькулятор работает в два направления: длинная и короткая сделка (расчет по короткой включается в настройках чек-боксом) - два варианта расчета: а. на основании установленного % стоп лосса (по-умолчанию 0,3%), при этом режиме происходит автоматический расчет уровня стопа и тейка (по умолчанию 1 / 3). b. путем ввода данных желаемых уровней цены (точки входа, стопа и тейк профита) Для корректной работы не забываем в настройках выбирать тип расчета (% или цена), а также символ валюты (для визуального отображения в итогах). Калькулятор может учитывать установленный размер комиссий и спреда. При наведении на модуль - отображаются подсказки. Каждый модуль можно включить / выключить в настройках. Размер и расположение модулей сделано для совместного использования со скриптом - "Abnormal Bar"
Pine Script™ indicator
by EmoeTeam
1
Sembang Kari Traders - EMA & Wave Stacked Labels + EMA 34 LinesThis script is 2 in 1 indicator. 1. Multi Timeframe EMA Labels - This label indicator shows labels for EMA stacked up or EMA stacked down or EMA in sideway trend. - EMA used in this script is EMA 8, EMA 21, EMA 34 and EMA 55. - If the EMA 8 line is above EMA 21 line, and EMA 21 line is above EMA 34 line, and EMA 34 line is above EMA 55 line ( EMA STACKED UP) = the trend is BULLISH and the label will colored to GREEN on that timeframe. - If the EMA 8 line is below EMA 21 line, and EMA 21 line is below EMA 34 line, and EMA 34 line is below EMA 55 line ( EMA STACKED DOWN) = the trend is BEARISH and the label will colored to RED on that timeframe. - If either 1 of the EMA 8, or EMA 21, or EMA 34, or EMA 55 is NOT STACKED = the trend is SIDEWAY and the label will colored to YELLOW on that timeframe. - Timeframe shows in label is Daily, 4 hours, 1 hour, 15 minutes and 5 minutes. - This indicator labels will be useful to identifying trend in others timeframe without to look or open that other timeframe. Example, if u in 5 minutes timeframe chart, then u see that "D" is colored to GREEN, then straight will know that EMA 8, EMA 21, EMA 34 and EMA 55 is STACKED UP which means BULLISH without to look or open that Daily timeframe . 2. EMA 34 Lines - This is indicator shows 3 exponential moving average line which is EMA 34 lines. - This indicator will shows 3 lines which is GREEN, BLUE, and RED. - The GREEN line is EMA 34 HIGH - The BLUE line is EMA 34 CLOSE - The RED line is EMA 34 BLUE Trade Idea - The idea using this indicator is we want to take an entry setup when the candle pull back to EMA 34 lines and at the same time using the EMA labels to be confirmation as label will indicates trends in multiple timeframe. - When price moved far away from EMA 34 lines, then wait till price pullback to EMA lines and confirmed it by trend labels provided to take take a entry setup. - this indicator can be used on all tickers
Pine Script™ indicator
by KhairulHadi
66
TMO ScalperTMO - (T)rue (M)omentum (O)scillator) MTF Scalper Version TMO Scalper is a special custom version of the popular TMO Oscillator. Scalper version was designed specifically for the lower time frames (1-5min intraday scalps). This version prints in the signals directly on top of the oscillator only when the higher aggregations are aligned with the current aggregation (the big wheels must be spinning in order for a small wheel to spin). The scalper consist of three MTF TMO oscillators. First one is the one that plot signals (should be the fastest aggregation), second serves as a short term trend gauge (good rule of thumb is to us 2-5x of the chart time frame or the first aggregation). The third one (optional) is shaded in the background & should only serve as a trend gauge for the day (usually higher time frames 30min+). Time Frames Preffered by Traders: 1. 1m / 5m / 30m - This one is perfect for catching the fastest moves. However, during choppy days the 1min can produce more false signals.. 2. 2m / 10m / 30m - Healthy middle, the 2min aggregation nicely smooths out the 1min mess. Short term gauge is turning slowly (10min for a signal to confirm). 3. 3m / 30m / 60m - This TF is awesome for day traders that prefer to take it slow. Obviously, this combination will produce far less signals during the day. Hope it helps.
Pine Script™ indicator
by lnlcapital
63