### Explanation of the Pine Script This Pine Script identifies and displays weekly naked Points of Control (nPOCs) on a TradingView chart. An nPOC represents a Point of Control (POC) from a previous week that has not been revisited by price action in subsequent weeks. These nPOCs are extended to the right as horizontal lines, indicating potential support or...
Overview: The Buy/Sell Volume Percentage indicator provides a clear breakdown of the market sentiment by calculating the percentage of buy and sell volumes for each trading session or bar. It helps traders understand the strength of buyers versus sellers in the market by showing the distribution of volume for each side. This indicator also tracks the current bar...
This strategy uses the Supertrend indicator combined with RSI to generate buy and sell signals, with stop loss (SL) and take profit (TP) conditions based on ATR (Average True Range). Below is a detailed explanation of each part: 1. General Information BINANCE:ETHUSDT.P Strategy Name: "ETH Signal 15m" Designed for use on the 15-minute time frame for the ETH...
Strategy: Friday Bond Short Strategy (1H Timeframe) Objective: This strategy aims to open short positions on a specified day and hour (Eastern Time) and close those positions on another specified day and hour. The background color of the chart will turn green when a position is active, providing a visual cue of an open trade. Parameters: 1. Entry...
Trend Indicator (HMA, SS-MA, SuperTrend, 4MA Cloud,Pivot HL) - (日本語解説は下記) Overview: This Trend Indicator combines multiple technical indicators such as HMA Cloud (Hull Moving Average Cloud), Super Smoothed Average Trend, SuperTrend, 4MA Cloud, 1-minute Heikin Ashi candles, Heikin Ashi Cloud, Daily Open Line, and Pivot High/Low to visually display market trends....
This indicator combines the Volume Weighted Average Price (VWAP) with the first hour of trading volatility, offering insights into how intraday trading is likely to unfold. It is specifically designed to be used on the 1-hour chart. Arrows are plotted for 9 AM, and dots are plotted for 10 AM. A green arrow indicates that the candle is above the VWAP at 9 AM, while...
Objective: The indicator is named "Options Series - MTF 1 and 3 Minute", suggesting it's designed to analyze options series with multiple time frames (MTF), particularly focusing on 1-minute and 3-minute intervals. OHLC Values Of Candle: The code fetches the Open, High, Low, and Close (OHLC) values of the current candle for the specified ticker and...
"Delta Dashboard with Custom Candle Count," creates a dynamic table on a chart that shows Buying Delta, Selling Delta, and Cumulative Delta for a user-defined number of candles. It is designed to give traders an easy-to-read visual dashboard for analyzing volume-based deltas, potentially helping to identify bullish or bearish trends. Script Overview: Custom...
PURPOSE OF THE INDICATOR This indicator autogenerates and displays naked levels and gaps of multiple types collected into one simple and easy to use indicator. VALUE PROPOSITION OF THE INDICATOR AND HOW IT IS ORIGINAL AND USEFUL 1) CONVENIENCE : The purpose of this indicator is to offer traders with one coherent and robust indicator providing useful,...
The Breadth Thrust Indicator, based on Zweig's methodology, is used to gauge the strength of market breadth and potential bullish signals. This indicator evaluates the breadth of the market by analyzing the ratio of advancing to declining stocks and their associated volumes. Usage: Smoothing Length: Adjusts the smoothing period for the combined ratio of breadth...
Hello traders 👋 This indicator "SPX Mapped Gaps" detects gaps from the SPX (or the trader's choice of index/asset) and plots them for the asset on your chart! Features Selectable comparison symbol Gaps from the selected symbol (SPX by default) are plotted for the asset on your chart - serving as potential support/resistance levels! Closest gaps from...
EMA Oscillator 2024 Indicator Overview 1. Introduction The EMA Oscillator 2024 is a sophisticated trading indicator that combines several technical analysis tools, including Moving Averages (EMA), Money Flow Index (MFI), Bollinger Bands, Donchian Channels, and Stochastic Oscillators. Its purpose is to assist traders in identifying buy and sell opportunities...
OrderBlock Trend (CISD) Indicator Overview: The "OrderBlock Trend (CISD)" AKA: change in state of delivery by ICT inner circle trader this indicator is designed to help traders identify and visualize market trends based on higher timeframe candle behavior. This script leverages the concept of order blocks, which are price levels where significant buying or...
RishiMoney RSI The "RishiMoney RSI" indicator is designed for traders who want to leverage the power of the Relative Strength Index (RSI) across multiple timeframes. In addition to regular RSI, this script allows the users to select custom timeframes for two additional RSI calculations, making it easier to identify trends, reversals, and potential entry or...
Greetings, dear traders. I present to your attention the concept of a Rempi Volume indicator + info table. Rempi Volume displays volume in a color palette, where: gray color - very weak volume, blue color - weak volume, green color - normal volume, orange color - high volume, red color - very high volume, purple color - ultra high volume The indicator...
The Prometheus Volatility EMA is an indicator that calculates an Exponential Moving Average with the historical volatility as how we decide how sensitive to make the indicator to the most recent data. A traditional EMA is calculated like this: EMA = alpha * source + (1 - alpha) * EMA , where alpha = 2 / (length + 1) Sourced from TradingView’s ta.ema built in...
The Awakening Checklist indicator is a tool designed to help traders evaluate certain key market conditions and elements before making trading decisions. It consists of a series of questions that the trader must answer using the options "Yes", "No" or "N/A" (not applicable). “Has Asia Session ended?” : This question aims to determine if the Asian trading session...
1. Global Liquidity Index: The code calculates global liquidity from economic data from multiple countries and regions. Specifically, it aggregates money supply data from major economies such as the United States, Europe, China, and Japan, and sums and adjusts them to get a global liquidity index. This index is calculated by summing data from different sources...