This script is designed to dynamically plot support and resistance lines based on full-dollar and half-dollar price levels relative to the close price on a chart. The script is particularly useful for day traders and scalpers, as it helps visualize key psychological price levels that often act as support and resistance zones in volatile and fast-moving markets in...
The **"Inamdar Wave"**, also known as the **"Winning Wave"**, is a cutting-edge market indicator designed to help traders ride the waves of momentum and capitalize on high-probability opportunities. With its unique ability to adapt to market shifts, the Inamdar Wave ensures you're always in sync with the market's most profitable moves, making it an indispensable...
⭐ Purpose of the Script This script, titled "Options Series - MTF_Parabolic_SAR," is designed for analyzing price trends using the Parabolic SAR (Stop and Reverse) indicator across multiple timeframes (MTF). It dynamically highlights bullish and bearish conditions, helping traders identify trends with improved accuracy. The script uses the Parabolic...
Description: The KAMA Cloud indicator is a sophisticated trading tool designed to provide traders with insights into market trends and their intensity. This indicator is built on the Kaufman Adaptive Moving Average (KAMA), which dynamically adjusts its sensitivity to filter out market noise and respond to significant price movements. The KAMA Cloud leverages...
The Correlation Clusters is a machine learning tool that allows traders to group sets of tickers with a similar correlation coefficient to a user-set reference ticker. The tool calculates the correlation coefficients between 10 user-set tickers and a user-set reference ticker, with the possibility of forming up to 10 clusters. 🔶 USAGE Applying...
TWR_CDI Indicator – The Ultimate Market Insight Tool The TWR_CDI is a revolutionary trading tool designed to give you an edge unlike anything else in the market. With its proprietary dynamic overbought and oversold detection system, it uncovers market extremes with unparalleled accuracy. Utilizing advanced multi-factor analysis, it not only identifies potential...
This is a indicator of three EMA and two SUPERTREND of different timeframes. 1. 200 EMA of 05 Minute 2. 200 EMA of 15 Minute. 3. 200 EMA of 1 Hour. 4. Supertrend of 05 Minute 5. Supertrend of 1 Hour. # It also gives BUY / SELL alert as you put alerts in Tradingview
This indicator is a modified version of SteverSteves's original work, enhanced by Erika Barker. It visually represents asset price movements in terms of standard deviations from a Hull Moving Average (HMA), commonly known as a Z-Score. Key Features: Z-Score Calculation: Measures how many standard deviations the current price is from its HMA. Hull Moving...
Advanced Stochastic ForLoop OVERVIEW Advanced Stochastic ForLoop is an improved version of Stochastic it is designed to calculate an array of values 1 or -1 depending if soruce for calculations is above or below basis. It takes avereage of values over a range of lengths, providing trend signals smothed based on various moving averages in order to get rid of...
### **Uptrick: Dynamic AMA RSI Indicator** **Overview:** The **Uptrick: Dynamic AMA RSI Indicator** is an advanced technical analysis tool designed for traders who seek to optimize their trading strategies by combining adaptive moving averages with the Relative Strength Index (RSI). This indicator dynamically adjusts to market conditions, offering a nuanced...
█ Introduction The Dynamic Jurik RSX with Fisher Transform is a powerful and adaptive momentum indicator designed for traders who seek a non-laggy view of price movements. This script is based on the classic Jurik RSX (Relative Strength Index). It also includes features such as the dynamic overbought and oversold limits, the Inverse Fisher Transform, trend...
Color Coded RSI The Color Coded RSI enhances the standard RSI (Relative Strength Index) by applying dynamic color coding to the price bars, making it easier to visualize RSI levels directly on the chart. Key Feature: RSI-Based Color Coding: Price bars change color based on RSI values. High RSI values (above 70) show warm colors (red/orange), signaling...
Custom MACD Oscillator with Bar Coloring This custom MACD indicator is a fusion of two powerful MACD implementations, combining the best features of both the MACD Crossover by HPotter and the Multiple Time Frame Custom MACD Indicator by ChrisMoody. The indicator enhances the traditional MACD with customizable options and dynamic bar coloring based on the...
Relative Strength Indicator ### Overview The Relative Strength (RS) Indicator is a robust tool designed to measure the performance of a security relative to a benchmark or another security. Unlike traditional indicators, this RS Indicator calculates the outperformance or underperformance in percentage terms, providing a clear and concise comparison. The...
// This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org // © LudoGH68 //@version=5 indicator("SMC Structures and FVG", overlay = true) import LudoGH68/Drawings_public/1 as d getLineStyle(lineOption) => lineOption == "┈" ? line.style_dotted : lineOption == "╌" ? line.style_dashed :...
1. Overview The Harmonic Trend Pulse Indicator is a technical analysis tool designed for use on price charts. It combines elements of trend detection and harmonic moving averages to provide users with visual insights into market dynamics. The indicator is adaptable to different market conditions and is structured to aid in understanding price movements without...
Dear Analysts and Traders, I am pleased to present the latest version of my indicator, based on the logic of analyzing spread and volume. In this version, the indicator examines spread and volume using min-max normalization. The statistical value is captured through Z-Score standardization, and I have added configurable alerts based on the normalized values of...