Hello All, This is the Trend Reversal System with Support/Resistance levels script. long time ago I published it as closed source but now I upgraded it and and published as open-source with a different name. I hope it would be useful for you all while trading/analyzing. The script has some parts in it: Setup, Count, SR levels, Risk levels & Targets . Now lets...
RiverFlow ADX Screener, Scans ADX and Donchian Trend values across various Timeframes. This screener provides support to the Riverflow indicator. Riverflow concept is based on Two indicators. Donchian Channel and ADX or DMI. How to implement? 1.Donchian Channel with period 20 2. ADX / DMI 14,14 threshold 20 Entry / Exit: 1. Buy/Sell Signal from ADX...
This indicator calculates what percentage of market cap data corresponds to open interest data. Leverage Ratio = 1/(Market Cap / 100 * Open Interest) Market Cap data comes from TradingView -> CRYPTOCAP:YOURCOINSYMBOL Open Interest data comes from IntoTheBlock -> INTOTHEBLOCK:YOURCOINSYMBOL_PERPETUALOPENINTEREST IntoTheBlock refresh perpetual data at the end of...
This custom indicator, called " Exhaustion & Improved Scalping Consolidation and Squeeze Indicator," is designed to help traders identify potential trading opportunities in the context of price consolidations, squeezes, and momentum exhaustion. It is an overlay indicator that combines several popular technical analysis tools, including the Relative Strength Index...
The Improved Scalping Consolidation and Squeeze Indicator (Improved Scalp C&S) is a custom TradingView indicator designed for short-term trading, specifically scalping. It detects price consolidation and potential breakout scenarios using a combination of technical analysis tools, such as the Rate of Change (ROC), Relative Strength Index (RSI), Moving Average...
This script plots the extended session highest high and lowest low levels. It works on any time frame from 1 minute to daily. Please note that during the extended session, TradingView stops updating the daily chart. This means that once the script is loaded on a daily chart, it will not be updated until the market opens, unless you manually reload the layout...
This script returns trailing stops on the occurrence of market structure (CHoCH/BOS labeling). Trailing stops are adjusted based on trailing maximums/minimums with the option for users to be able to control how quickly a trailing stop can converge toward the price. 🔶 SETTINGS Pivot Lookback: Pivot length used for the detection of swing points. Increment...
The Wave Trend indicator is based on the Mason’s Line Indicator. This indicator is a sentiment analysis tool designed to help traders understand and analyze market trends. It works by calculating the average investor satisfaction of a group of investors. The results are displayed as colored squares at the bottom of the chart. For more information, read the...
This script plots the Short Sale Restriction (SSR) Level relative to the previous day's closing price. It works on any time frame from 1 minute to daily, showing the correct level even during the extended session. The Short Sale Restriction (SSR) is a rule of the Securities and Exchange Commission (SEC) that restricts traders from short-selling stocks that are...
The Double Supertrend Entry with ADX Filter and ATR Exits/Entries indicator is a custom trading strategy designed to help traders identify potential buy and sell signals in trending markets. This indicator combines the strengths of multiple technical analysis tools, enhancing the effectiveness of the overall strategy. Key features: Two Supertrend Indicators -...
Hello, Releasing this beta indicator. It is somewhat experimental but I have had some good success with it so I figured I would share it! What is it? This is an indicator that combines RSI and Stochastics with probability levels. How it works? This works by applying a regression based analysis on both Stochastics and RSI to attempt to predict a likely...
Supercloud is a MA based Trend Representation. Its different from a normal MA Cloud. Cloud starts from '0' level and rise or fall based on price. Supercloud is plotted based on the difference of the price movement between various MA's of different length. All MA's are plotted with reference to EMA 200. So when the MA's converge or Diverge or Bounce back we can...
Introducing the Market Relative Candle Ratio Comparator, a visually captivating script that eases the way you compare two financial assets, such as cryptocurrencies and market indices. Leveraging a distinctive calculation method based on percentage changes and their averages, this tool presents a crystal-clear view of how your chosen assets perform in relation to...
Well, guess what? A new indicator is here! Again it's a coincidence, as I experiment with my formula. So far it's less noisy than Autoregressive Covariance Oscillator, so possibly this one is better. The formula is much simpler, care me to explain. ___________________________________________________________________________________________________ Yt = close -...
The Supply and Demand Visible Range indicator displays areas & levels on the user's chart for the visible range using a novel volume-based method. The script also makes use of intra-bar data to create precise Supply & Demand zones. 🔶 SETTINGS Threshold %: Percentage of the total visible range volume used as a threshold to set supply/demand areas. Higher...
This indicator is a formula that includes 4 different zones which are different sizes based on the ticker you decide to use. It was optimized for SPY and other market ETFs but works well for all stocks on the market. The formula puts a zone at the previous day's high and low, and the previous 5 day's high and low. These zones are meant to be used as support and...
Papercuts Price Distance Travelled aka Maximum Per-Share Profit Potential For: Intraday swing and scalp Traders. This is a simple idea i wanted to explore where you could visualize the data of how much a price actually moves during the day. Measuring through Daily ATR is helpful, but it only measures OHLC of the day, and way more tradeable movement happens than...
🍣 The Sushi Roll, a trading concept conceived at a restaurant by Mark Fisher. While the indicator itself goes by Sushi Trend, it is completely backed by the idea of Mark Fisher's Sushi Roll Reversal Pattern. No, it has nothing to do with raw fish, it just so happens that somebody was ordering sushi during the discussion of the idea, and that's how it got its...