Support and resistance Strategy (FX and Crypto) Description: This strategy uses “support” S and “resistance” R levels, which can be computed using the “pivot point” (a.k.a. the “center”) C as follows: C = (PH + PL + PC) / 3 R = 2 × C - PL S = 2 × C - PH Here PH, PL and PC are the previous day’s high, low and closing prices. One way to define a trading...
Indicator based on strategy shared by Nimblr in Elearnmarket Face to face interview Red Circle means "Indecision" (I) Green Plus means "Momentum" (M)
This is a Reversal trading signal system (part 2) for any range markets. It’s better used with timeframe from 15 min to 60 min for day trading or swing trading. It generates reversal signals for the important turning point bars and candles with no repaint and no lagging. Part 2 internal R/S setting is different from part 1. Use this script with part 1. How...
This is a Reversal trading signal system (part 1) for any range markets. It’s better used with timeframe from 15 min to 60 min for day trading or swing trading. It generates reversal signals for the important turning point bars and candles with no repaint and no lagging. How does it work? * Defines support/resistance(S/R) levels based on floor trader’s pivot...
Quantile band: In statistics and the theory of probability, quantiles are cutpoints dividing the range of a probability distribution into contiguous intervals with equal probabilities, or dividing the observations in a sample in the same way. Quantitative Qualitative Estimation is based on a rather complex calculation of the smoothed RSI indicators. The QQE...
ATR Coupled with Bollinger bands helps you to time the Entries & Exits. The combination of two Volatility Indicators ATR & Bollinger bands captures cyclical behavior of the market. This Indicator helps you to identify the range contraction & range expansion for trades & signals reversal signs ATR - Double Bollinger Bands (BB) indicator plots Two Bollinger Bands...
The indicator plots breakout events of user-defined assets list, providing alert setting for breakout events. Any big trend begins with a couple of price breakouts. By watching breakout events, we overlook the panorama of the whole market. Version: DEMO ---------- Features -------------- User-Defined Crypto / or any Asset List, Up To 30 Assets, Demo has some...
The indicator plots breakout events of user-defined assets list, providing alert setting for breakout events. Any big trend begins with a couple of price breakouts. By watching breakout events, we overlook the panorama of the whole market. ---------- Features -------------- User-Defined Crypto / or any Asset List, Up To 30 Assets User-Defined Breakout...
With this plot one is able to compare the different % change in the given time frame. It calculates the sma of a given period (defval = 7) for the close/open. Strategy would be to choose (trade) from one to other asset in order to get higher rates when pumping or lower when dumping. The Symbol & exchange has to be specified. defSymbols = BTC, ETH and LINK ...
This MTF MacD is a custom made indicator to show trends and potential trend changes. As you see the MTF MacD is colored depending on the trend and if MacD is above or below the Signal. This indicator shows the crossover or crossunder of these plots with the colored circles that are plotted. This can be a very useful indicator to show you a start of a new...
Description Flow Trend I is a Trend Following & Analysis indicator. It attempts to characterize Long or Short trends to give a trader more confidence when opening a trade. It can also be used as an analysis tool with no direct trading or investment in mind. The calculation is based on Support & Resistance levels: S/R levels are calculated then we assume...
We have recently developed a magnificent trading indicator that helps traders to identify both Order Blocks(OB) and market trend. Order Blocks can be interpreted as an Institutional (so called whales) average entry/exit price that acts as a major support or resistance on the chart. The trend is computed and quantified combining ATR and SMA utilizing some...
TM24_SWING_TOOL helps to identify following Things for Intraday Position on 15-30-60 Minutes timeframe along with Buy or sell signal. 1. Market Trend (Different Timeframe) 2. Price Direction 3. Area of Support & Resistance 4. Price Momentum Terminology Use ==> Black from Bottom for - Buy, Red from Top for - Sale Signal, and Numbers are to show time frame...
This indicator is designed to highlight selected days in a week OR selected months in a year to find patterns or get into the details of seasonality. By the end of the year, you will need to update to a new version of the script, I will add 2021 as it begins.
(ENGLISH) Averan is an indicator based on ADR, which shows the volatility of the market based on high-low prices on the selected timeframe. The difference between Averan and ATR is that Averan does not consider GAPs, so it basically consider the actual size of the candles. This indicator also includes a standard deviation representation, the same as the top...
This Indicator (2 EMA -BB - RSI ) plots 2 EMA's along with Bollinger Bands and paints RSI Overbought & Oversold Zones on Chart. RSI zones help quick identification of the overbought & oversold regions. RSI On/Off switch lets it Switch On & Off .
The higher/lower the peaks, the bigger the wave - green for buy and red for sell. The peak show the 5th point of Wolfe Waves . // Not every signal is a good signal, so look to the rules of Wolfe Waves . If it's perfect sequence than be active
Hi Guy, I would like to introduce you Standard deviation zones Support & Resistance horizontals. It draws line horizontals on high and low st dev zone. The colors are dynamic depending whether price is below or above the line. Credit is due to @Zeiierman for st dev zone calculation so shout out to him. There are various sections in setting: general setting...