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Price Action Plus [tambangEA]Price Action Plus is all-in-one indicator toolkit which includes various features specifically based on Price Action Plus Moving Average. Order Blocks with volumetric data, real-time market structure, a MTF dashboard, and much more detailed customization to get an edge trading price action automatically. Mostly all of the features within this script are generated purely from price action with moving averages as a trend indicator, which allows users to automate their analysis of price action for any market / timeframe. 🔶 FEATURES This script includes many features based on Price Action; these are highlighted below: Market structure (BOS, CHoCH, CHoCH+) (Internal & Swing) Volumetric Order Blocks (Bullish & Bearish) Previous Highs/Lows (Daily, Weekly, Monthly, Quarterly) Premium & Discount Zones Fair Value Gaps Multi-Timeframe Dashboard EMA Multi Timeframe Settings Fibonacci : Volume , Levels
Pine Script™ indicator
by agus258
4
Reptile Candle Marker with ArrowsReptile Candle Marker The Reptile Candle Marker is a custom indicator designed to identify a specific pattern in price action, known as the "reptile candle." This pattern is characterized by a small body with long wicks on both the upper and lower sides. These candles often indicate indecision or a reversal in the market, making them useful for traders looking for potential turning points. Key Features: Small Body and Large Wicks: The indicator highlights candles with a small body relative to the overall candle range, accompanied by long upper and lower wicks. This is achieved by comparing the size of the wicks to the body and the overall candle range. Volume Confirmation: The indicator ensures that the identified candles are accompanied by high volume, which serves as confirmation of the significance of the price action. Visual Highlighting: When a "reptile" candle is detected, the body of the candle and the wicks are both colored yellow. This allows for easy identification on the chart. Custom Wick Lines: To ensure the wicks stand out, the indicator draws yellow lines above and below the candles, representing the upper and lower wicks. These lines remain fixed in place even as the chart is scaled or moved. How It Works: The indicator identifies candles where: The upper wick is longer than the body by a specified ratio. The lower wick is longer than the body by the same ratio. The candle's body size is small compared to the total candle range (less than 30% of the range). The volume is significantly higher than the 20-period moving average volume, indicating increased market activity. When these conditions are met, the indicator marks the candle by coloring its body and wicks yellow. Additionally, it draws custom yellow wick lines to visually represent the wick size. How to Use: This indicator is designed to highlight potential reversal points or periods of indecision in the market. Traders can use it to spot possible turning points, especially when accompanied by other technical analysis tools such as support/resistance levels or trend indicators. Customizable Parameters: Wick to Body Ratio: Controls the sensitivity for detecting large wicks relative to the candle body. Volume Factor: Adjusts the threshold for identifying candles with significantly higher volume than the moving average.
Pine Script™ indicator
by drorza
Directional Volatility and Volume with Three ATR Bandsadded some effects on @PuguForex indiactor " Directional Volatility and Volume "using chatgpt would like some help crating exiting stuff since am lazy on these kind of stuff but consider of having of some what some brain long/short price hits red high win-rate or breakeven low losses (AT YOUR OWN COST) small percentage add up play with yellow on your cost better using DCA on reds to see better result to avoid extreme case seniors multiplying it exept if your going oppisite of the narritive / cycle / market / flow than your a ignorrant / cursed / stupid (sorry) (maybe some updated edits coming on the way) THANK ALLAH ALL TIME AND ASK FOR HIS FORGIVNESS AS YOUR A LIVE NO TIME LEFT WORSHIP HIM ALONE WITH NO CAMPANIONS PEACE AND MERCY AND BLESSING TO YOU
Pine Script™ indicator
by yahyathesuper
3
FOLLOW TREND CUANTEROUSSS//@version=5 indicator("Follow Trend EMA Volume", overlay=true) /// Mengatur panjang EMA yang dibutuhkan ema5 = ta.ema(close, 5) ema7 = ta.ema(close, 7) ema21 = ta.ema(close, 21) ema34 = ta.ema(close, 34) ema55 = ta.ema(close, 55) ema90 = ta.ema(close, 90) ema100 = ta.ema(close, 100) ema161 = ta.ema(close, 161) ema200 = ta.ema(close, 200) /// Menghitung rata-rata EMA untuk menentukan tren dominan ema_avg = (ema5 + ema7 + ema21 + ema34 + ema55 + ema90 + ema100 + ema161 + ema200) / 9 /// Menghitung volume rata-rata untuk menyaring sinyal vol_avg = ta.sma(volume, 20) // Volume rata-rata 20 periode /// Aturan untuk trend dominan berdasarkan posisi harga terhadap EMA rata-rata bullish_trend = close > ema_avg and volume > vol_avg bearish_trend = close < ema_avg and volume > vol_avg /// Warna berdasarkan trend dominan color_trend = bullish_trend ? color.blue : bearish_trend ? color.red : na /// Plot garis trend dengan warna yang berubah plot(ema_avg, color=color_trend, linewidth=3, title="Trend Line")
Pine Script™ indicator
by WhaletradeYah
Volume based support and resistance [camerilla pivot] Your script is a comprehensive indicator built for the Pine Script v5, incorporating a Variable Index Dynamic Average (VIDYA) with Camerilla pivot levels and liquidity zones. I'll break down key elements and provide minor improvements or corrections if needed. Structure and Key Features VIDYA Calculation: vidya_calc function calculates the Variable Index Dynamic Average, a volatility-adjusted moving average. It uses a momentum-based calculation to adjust its response to price changes, making it adaptive. Liquidity Zones: The script creates liquidity lines based on pivot highs and lows, marking potential support and resistance zones. The extend_liquidity_lines function handles the visual updates for these liquidity lines, adding labels and markers based on volume changes. Trend Detection: The script identifies up and down trends based on VIDYA crossovers with user-defined upper and lower bands. Accumulated volumes are calculated separately for uptrends and downtrends, and this information is displayed on the last bar. Camarilla Pivots: Camarilla pivots are calculated using high, low, and close prices from a specified timeframe (default: daily). This includes various levels such as R3, S3, R4, S4, etc., with optional labels to show these levels on the chart. The pivot levels are dynamically updated, resetting previous labels and lines to avoid clutter.
Pine Script™ indicator
by spiritedtez
Cuanterousss Trend//@version=5 indicator("Follow Trend EMA Volume", overlay=true) /// Mengatur panjang EMA yang dibutuhkan ema5 = ta.ema(close, 5) ema7 = ta.ema(close, 7) ema21 = ta.ema(close, 21) ema34 = ta.ema(close, 34) ema55 = ta.ema(close, 55) ema90 = ta.ema(close, 90) ema100 = ta.ema(close, 100) ema161 = ta.ema(close, 161) ema200 = ta.ema(close, 200) /// Menghitung rata-rata EMA untuk menentukan tren dominan ema_avg = (ema5 + ema7 + ema21 + ema34 + ema55 + ema90 + ema100 + ema161 + ema200) / 9 /// Menghitung volume rata-rata untuk menyaring sinyal vol_avg = ta.sma(volume, 20) // Volume rata-rata 20 periode /// Aturan untuk trend dominan berdasarkan posisi harga terhadap EMA rata-rata bullish_trend = close > ema_avg and volume > vol_avg bearish_trend = close < ema_avg and volume > vol_avg
Pine Script™ indicator
by WhaletradeYah
1
Volume based support and resistance [camerilla pivot]VIDYA Calculation: vidya_calc function calculates the Variable Index Dynamic Average, a volatility-adjusted moving average. It uses a momentum-based calculation to adjust its response to price changes, making it adaptive. Liquidity Zones: The script creates liquidity lines based on pivot highs and lows, marking potential support and resistance zones. The extend_liquidity_lines function handles the visual updates for these liquidity lines, adding labels and markers based on volume changes. Trend Detection: The script identifies up and down trends based on VIDYA crossovers with user-defined upper and lower bands. Accumulated volumes are calculated separately for uptrends and downtrends, and this information is displayed on the last bar. Camarilla Pivots: Camarilla pivots are calculated using high, low, and close prices from a specified timeframe (default: daily). This includes various levels such as R3, S3, R4, S4, etc., with optional labels to show these levels on the chart. The pivot levels are dynamically updated, resetting previous labels and lines to avoid clutter.
Pine Script™ indicator
by spiritedtez
Reptile Candle MarkerReptile Candle Marker The Reptile Candle Marker is a custom indicator designed to identify a specific pattern in price action, known as the "reptile candle." This pattern is characterized by a small body with long wicks on both the upper and lower sides. These candles often indicate indecision or a reversal in the market, making them useful for traders looking for potential turning points. Key Features: Small Body and Large Wicks: The indicator highlights candles with a small body relative to the overall candle range, accompanied by long upper and lower wicks. This is achieved by comparing the size of the wicks to the body and the overall candle range. Volume Confirmation: The indicator ensures that the identified candles are accompanied by high volume, which serves as confirmation of the significance of the price action. Visual Highlighting: When a "reptile" candle is detected, the body of the candle and the wicks are both colored yellow. This allows for easy identification on the chart. Custom Wick Lines: To ensure the wicks stand out, the indicator draws yellow lines above and below the candles, representing the upper and lower wicks. These lines remain fixed in place even as the chart is scaled or moved. How It Works: The indicator identifies candles where: The upper wick is longer than the body by a specified ratio. The lower wick is longer than the body by the same ratio. The candle's body size is small compared to the total candle range (less than 30% of the range). The volume is significantly higher than the 20-period moving average volume, indicating increased market activity. When these conditions are met, the indicator marks the candle by coloring its body and wicks yellow. Additionally, it draws custom yellow wick lines to visually represent the wick size. How to Use: This indicator is designed to highlight potential reversal points or periods of indecision in the market. Traders can use it to spot possible turning points, especially when accompanied by other technical analysis tools such as support/resistance levels or trend indicators. Customizable Parameters: Wick to Body Ratio: Controls the sensitivity for detecting large wicks relative to the candle body. Volume Factor: Adjusts the threshold for identifying candles with significantly higher volume than the moving average.
Pine Script™ indicator
by drorza
Custom AO with Open Difference**Custom AO with Open Difference Indicator** This indicator, *Custom AO with Open Difference*, is designed to help confirm trend direction based on the relationship between the daily open price and recent 4-hour open prices. It calculates the Awesome Oscillator (AO) based on the difference between the daily open price and the average of the previous six 4-hour open prices. This approach provides insight into whether the current open price is significantly diverging from recent short-term opens, which can indicate a trend shift or continuation. ### Technical Analysis and Features 1. **Trend Confirmation**: By comparing the daily open with the mean of six previous 4-hour open prices, this indicator helps identify trends. When the current daily open is below the average of recent opens, the AO value will plot as green, signaling potential upward momentum. Conversely, if the daily open is above the recent average, the histogram will plot red, suggesting possible downward momentum. 2. **Non-Repainting**: Since it relies on completed 4-hour and daily open prices, this indicator does not repaint, ensuring that all values remain fixed after the close of each period. This non-repainting feature makes it suitable for backtesting and reliable for trend confirmation without fear of historical changes. 3. **AO Mean Calculation**: The indicator calculates the average of six previous 4-hour open prices, providing a smoothed value to reduce short-term noise. This helps in identifying meaningful deviations, making the AO values a more stable basis for trend determination than using just the latest 4-hour or daily open. 4. **Histogram for Visual Clarity**: The indicator is displayed as a histogram, making it easy to identify trend changes visually. If the AO bar turns green, it’s a signal that the 4-hour average is below the daily open, suggesting an uptrend or bullish momentum. Red bars indicate that the daily open is above the recent 4-hour averages, potentially signaling a downtrend or bearish momentum. ### Practical Application The *Custom AO with Open Difference* is a versatile tool for confirming the open price trend without needing complex oscillators or lagging indicators. Traders can use this tool to gauge the market sentiment by observing open price variations and use it as a foundation for decision-making in both short-term and daily timeframes. Its non-repainting nature adds reliability for traders using this indicator as part of a broader trading strategy.
Pine Script™ indicator
by CocoPine
First 5 Minutes Open/Close LinesThis very simple indicator paints lines at the high and low of the first 5m candle of the session. It is primarily intended for big cap NYSE traded stocks with high volume. I wrote this indicator to save me the trouble of manually drawing the lines each day. The lines drawn at the 5m high/low will remain constant regardless of which timeframe you switch to. In the example screenshot, we are looking at the 1m timeframe. This helps us switch effortlessly between different timeframes to see if a given price movement meets our entry criteria. In addition to drawing lines at the first 5m high/low, it will optionally paint two zones, one each around the high and low. The boundaries of this zone are configurable and expressed as a percentage of the total movement of the first 5m bar. By default, it is set to 25%. This indicator is based on the concept that the first 5m bar always has massive volume which helps us infer that price may react around the extremes of that movement. The basic strategy works something like this: - You identify the high timeframe (HTF) trend direction of the stock - You wait for the first 5m candle of the session to close - You wait for price to puncture through the outer boundary of the zone marked by the indicator. - You enter when price retraces to the high, or low, which marks the midpoint of the punctured zone. - Only enter long on stocks in a HTF uptrend, and short on stocks in an HTF downtrend. - Use market structure to identify stop loss and take profit targets Note: Use at your own risk. This indicator and the strategy described herein are not in any way financial advice, nor does the author of this script make any claims about the effectiveness of this strategy, which may depend highly on the discretion and skill of the trader executing it, among many other factors outside of the author's control. The author of this script accepts no liability, and is not responsible for any trading decisions that you may or may not make as a result of this indicator. You should expect to lose money if using this indicator.
Pine Script™ indicator
by KingSpork
1
Ichimoku + RSI + MACD Strategy1. Relative Strength Index (RSI) Overview: The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is typically used to identify overbought or oversold conditions in a market. How to Use with Ichimoku: Long Entry: Look for RSI to be above 30 (indicating it is not oversold) when the price is above the Ichimoku Cloud. Short Entry: Look for RSI to be below 70 (indicating it is not overbought) when the price is below the Ichimoku Cloud. 2. Moving Average Convergence Divergence (MACD) Overview: The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. It consists of the MACD line, signal line, and histogram. How to Use with Ichimoku: Long Entry: Enter a long position when the MACD line crosses above the signal line while the price is above the Ichimoku Cloud. Short Entry: Enter a short position when the MACD line crosses below the signal line while the price is below the Ichimoku Cloud. Combined Strategy Example Here’s a brief outline of how to structure a trading strategy using Ichimoku, RSI, and MACD: Long Entry Conditions: Price is above the Ichimoku Cloud. RSI is above 30. MACD line crosses above the signal line. Short Entry Conditions: Price is below the Ichimoku Cloud. RSI is below 70. MACD line crosses below the signal line. Exit Conditions: Exit long when MACD line crosses below the signal line. Exit short when MACD line crosses above the signal line.
Pine Script™ strategy
by ai_indicator
Globex time (New York Time)This indicator is designed to highlight and analyze price movements within the Globex session. Primarily geared toward the Globex Trap trading strategy, this tool visually identifies the session's high and low prices, allowing traders to better assess price action during extended hours. Here’s a comprehensive breakdown of its features and functionality: Purpose The "Globex Time (New York Time)" indicator tracks price levels during the Globex trading session, providing a clear view of overnight market activity. This session, typically running from 6 p.m. ET (18:00) until the following morning at 8:30 a.m. ET, is a critical period where significant market positioning can occur before the regular session opens. In the Globex Trap strategy, the session high and low are essential levels, as price movements around these areas often indicate potential support, resistance, or reversal zones, which traders use to set up entries or exits when the regular trading session begins. Key Features Customizable Session Start and End Times The indicator allows users to specify the exact start and end times of the Globex session in New York time. The default settings are: Start: 6 p.m. ET (18:00) End: 8:30 a.m. ET These settings can be adjusted to align with specific market hours or personal preferences. Session High and Low Identification Throughout the defined session, the indicator dynamically calculates and tracks: Session High: The highest price reached within the session. Session Low: The lowest price reached within the session. These levels are essential for the Globex Trap strategy, as price action around them can indicate likely breakout or reversal points when regular trading resumes. Vertical Lines for Session Start and End The indicator draws vertical lines at both the session start and end times: Session Start Line: A solid line marking the exact beginning of the Globex session. Session End Line: A similar vertical line marking the session’s conclusion. Both lines are customizable in terms of color and thickness, making it easy to distinguish the session boundaries visually on the chart. Horizontal Lines for Session High and Low At the end of the session, the indicator plots horizontal lines representing the Globex session's high and low levels. Users can customize these lines: Color: Define specific colors for the session high (default: red) and session low (default: green) to easily differentiate them. Line Style: Options to set the line style (solid, dashed, or dotted) provide flexibility for visual preferences and chart organization. Automatic Reset for Daily Tracking To adapt to the next trading day, the indicator resets the session high and low data once the current session ends. This reset prepares it to start tracking new levels at the beginning of the next session without manual intervention. Practical Application in the Globex Trap Strategy In the Globex Trap strategy, traders are primarily interested in price behavior around the high and low levels established during the overnight session. Common applications of this indicator for this strategy include: Breakout Trades: Watching for price to break above the Globex high or below the Globex low, indicating potential momentum in the breakout direction. Reversal Trades: Monitoring for failed breakouts or traps where price tests and rejects the Globex high or low, suggesting a reversal as liquidity is trapped in these zones. Support and Resistance Zones: Using the session high and low as key support and resistance levels during the regular trading session, with potential entry or exit points when price approaches these areas. Additional Configuration Options Vertical Line Color and Width: Define the color and thickness of the vertical session start and end lines to match your chart’s theme. Upper and Lower Line Colors and Styles: Customize the appearance of the session high and low horizontal lines by setting color and line style (solid, dashed, or dotted), making it easy to distinguish these critical levels from other chart markings. Summary This indicator is a valuable tool for traders implementing the Globex Trap strategy. It visually segments the Globex session and marks essential price levels, helping traders analyze market behavior overnight. Through its customizable options and clear visual representation, it simplifies tracking overnight price activity and identifying strategic levels for potential trade setups during the regular session.
Pine Script™ indicator
by Almureqeeb
1
Delivery Volume IndicatorDelivery Volume Indicator The Delivery Volume Indicator is designed to provide insights into trading volume specifically delivered on a daily basis, scaled in lakhs (hundreds of thousands) for ease of interpretation. This tool can be especially useful for traders looking to monitor delivery-based volume changes and trends, as it helps to distinguish between bullish and bearish volume flows. Key Features: Daily Volume in Lakhs: The indicator pulls daily volume data and scales it to lakhs for more readable values. Bullish/Bearish Color Coding: The indicator color-codes volume columns to reflect market sentiment. Columns are displayed in green when the price closes higher than it opens (bullish) and in red when the price closes lower than it opens (bearish). Adjustable EMA: A customizable Exponential Moving Average (EMA) is applied to the scaled delivery volume. The EMA line, displayed in blue, helps smooth out volume trends and allows traders to adjust the period for personal strategy alignment. How to Use: Observe the delivery volume changes to track market sentiment over time. Increased bullish delivery volume could indicate accumulating interest, while increased bearish delivery volume might suggest distribution. Utilize the EMA to identify longer-term trends in delivery volume, with shorter EMA periods for quick volume shifts and longer periods for gradual trend changes. This indicator is ideal for traders seeking volume-based insights that align closely with price action.
Pine Script™ indicator
by Anmolsinghgill