Traders use settlement prices as both support/resistance and as a target for price to trend towards. The intention of this script is to provide possible entry and exit levels for swing and scalp trades by drawing horizontal lines of true settlement prices provided by TradingView. The settlement price, which is calculated daily, is used to determine the...
The Price Close Probability Indicator is designed to help traders estimate the likelihood of price closing above or below specified levels within a given bar. By placing two levels on your chart, you can quickly gauge the probability of the current price bar closing above or below these levels in real-time. Key Features: Dynamic Probability Calculation: ...
📊 Kwiatkowski-Phillips-Schmidt-Shin Model Indicator & Dickey-Fuller Test 📈 This algorithm performs two statistical tests on the price spread between two selected instruments: the first from the current chart and the second determined in the settings. The purpose is to determine if their relationship is stationary. It then uses this information to generate...
# Duo Multi-Time Period Charts ## Description The Duo Multi-Time Period Charts indicator is a versatile tool designed to visualize price action across two different timeframes simultaneously. It overlays color-coded boxes on your chart, representing the price range for each period in both timeframes. This allows traders to easily identify trends, support, and...
🔵 Introduction The Butterfly Harmonic Pattern is a sophisticated and highly regarded tool in technical analysis, utilized by traders to identify potential reversal points in the financial markets. This pattern is distinguished by its reliance on Fibonacci ratios and geometric configurations, which aid in predicting price movements with remarkable...
Market structure change indicator by MaxMaserati It is designed to help trader's to detect market structure changes by identifying bullish and bearish fractal or swing breaks on the chart. This helps traders to understand potential market reversals or continuations in harmony with PO4 candles and MMM Blocks. Features Period Input: Adjust the number of periods...
Adjustable Percentage Range Moving Average (APRMA) The Adjustable Percentage Range Moving Average (APRMA) is a technical analysis tool designed for traders and market analysts who seek a dynamic approach to understanding market volatility and trend identification. Unlike traditional moving averages, the APRMA incorporates user-adjustable percentage bands around a...
I have learned the hard way why Enterprise Value is far more superior than Market Cap. That's why I made this indicator, but more importantly, why I added several features that other similar indicators just don't have. The key thing is to not just show you Enterprise Value of a company (it's true worth) but also the capability to see that line colored in a...
This indicator combines Bitcoin's long-term growth model (Power Law) with global central bank liquidity to help identify potential buy and sell signals. How it works: Power Law Oscillator: This part of the indicator tracks how far Bitcoin's current price is from its expected long-term growth, based on an exponential model. It helps you see when Bitcoin may be...
Ứng dụng Lý thuyết DOW trong mua và bán Tôi đã set up MSB - đỏ : Break để GIẢM MSB - xanh : Break để TĂNG
EMA Clouds Indicator: A Comprehensive Guide for Traders The Exponential Moving Average (EMA) Clouds indicator is a dynamic tool designed to provide traders with visual cues about the current trend and potential shifts in market momentum. The EMA is a type of moving average that gives more weight to recent price data, making it highly responsive to price changes...
M2 Global Liquidity Index (Candles) In this enhanced version of the original M2 Global Liquidity Index script by Mik3Christ3ns3n , I've taken the foundational concept and expanded its capabilities for more in-depth analysis and user flexibility. This updated script aggregates M2 money supply data from major global economies—China, the U.S., the Eurozone,...
What are Fair Value Gaps (FVGs)? Fair Value Gaps (FVGs) represent price inefficiencies where buying and selling volumes are imbalanced, creating gaps between the wicks of consecutive candles. These gaps often act as magnets for price, as markets tend to "fill" these gaps before resuming their trend. FVGs can signal potential entry or exit points, making them a...
Greer BuyZone Tool Description: The Greer BuyZone Tool is a custom Pine Script indicator designed to help identify potential long-term investment opportunities by marking BuyZones on the chart. This tool utilizes the Aroon indicator in combination with Fibonacci numbers to define periods where the asset might be a good candidate for dollar-cost...
Prometheus Trend lines is a tool that automatically plots support and resistance trend lines on your chart. These lines generally come out looking like triangles or wedges. There are two ways that we do it, the first way we’ll cover is lookback period generated trend lines. The two points for the lines are generated as follows, for a resistance line that is blue...
█ Introduction The Composite Momentum Indicator is a tool we came across that we found to be useful at detecting implied tops and bottoms within quick market cycles. Its approach to analyzing momentum through a combination of moving averages and summation techniques makes it a useful addition to the range of available indicators on TradingView. █ How It...
The script "Harish Algo 2" is a Pine Script-based TradingView indicator that automatically identifies significant trendlines based on fractal points and tracks price interactions with those trendlines. Key features include: Fractal Detection: The script identifies fractal highs and lows, using a configurable fractal period, to serve as pivot points for generating...
### **Adaptive Trend Strength Index (ATSI): Trend Detection Tool** --- ### Introduction The **Adaptive Trend Strength Index (ATSI)** is a state-of-the-art indicator designed to offer traders an unparalleled view into market trends. By combining the principles of adaptive trend analysis with advanced volatility filtering, ATSI provides a powerful and visually...