Indicador Wyckoff (Spring y Upthrust)

31 lug

Title: Wyckoff (Spring & Upthrust Only)

Description:

This indicator is a powerful tool for traders who follow the Wyckoff methodology. It is designed to identify and plot on the main price chart the two key reversal patterns: Spring and Upthrust.

Spring: A Spring is a false bearish breakout below a previous low. The indicator confirms this signal when there is a significant volume increase (volume greater than a moving average multiplied by a configurable factor) and the price recovers above the previous low within a specified number of bars. A confirmed Spring is plotted as a green circle on the chart.

Upthrust: An Upthrust is a false bullish breakout above a previous high. The indicator confirms this signal when there is a significant volume increase and the price reverses and closes below the previous high within a specified number of bars. A confirmed Upthrust is plotted as a red circle on the chart.

Key Features:

Customizable Parameters: You can adjust the "Search Range Length" to define the period for finding relative highs and lows, the "Volume Average Length" for the volume confirmation, the "Volume Multiplier" to set the sensitivity of the volume increase, and the "Recovery Bars" to determine how many bars are required for the price to confirm the reversal.

Visual Signals: The signals are displayed directly on the main chart, with green circles for Springs and red circles for Upthrusts, making them easy to spot.

Alerts: The indicator includes alerts for both Spring and Upthrust signals, so you can be notified as soon as a potential opportunity is detected.

1 ago

Note di rilascio

Wyckoff (Spring & Upthrust Only)
This indicator for TradingView is designed to identify and plot two key Wyckoff events: the Spring and the Upthrust. It focuses exclusively on these two signals to help traders recognize potential false breakouts and reversals in the market.

Features:

Springs (False Breakouts to the Downside): The indicator plots a green circle at the low of a candle when a Spring is confirmed. This happens after the price breaks below a previous low, but quickly recovers with high volume, suggesting a failed bearish move.

Upthrusts (False Breakouts to the Upside): The indicator plots a red circle at the high of a candle when an Upthrust is confirmed. This occurs when the price breaks above a previous high, but fails to hold, reverting back down with high volume, indicating a failed bullish move.

Customizable Parameters: You can adjust key settings in the indicator's options, including the lookback period for finding highs and lows, the volume multiplier for confirmation, and the number of bars required to confirm a recovery or reversal.

Single Alert System: The indicator is configured to use a single alert, which will trigger for both a Spring and an Upthrust. The alert message will specify which of the two events has occurred.

This tool is a valuable addition to your Wyckoff trading toolkit, providing clear visual signals and alerts to help you spot these specific setups.

1 ago

Note di rilascio

// This indicator is designed to identify Wyckoff Spring and Upthrust signals on the main price chart.
// A Wyckoff Spring is a false bearish breakout below a support level, followed by a quick recovery.
// It is considered a bullish signal.
// An Upthrust is a false bullish breakout above a resistance level, followed by a reversal back down.
// It is considered a bearish signal.
// The indicator plots these signals as circles on the chart and provides named alert conditions for each.
indicator("Wyckoff (Solo Spring y Upthrust)", overlay=true)

7 giorni fa

Note di rilascio

Trading Sessions and Wyckoff Signals
This comprehensive indicator combines two powerful tools into a single script:

Trading Sessions: Displays the main forex trading sessions for Tokyo, London, and New York directly on your chart. This allows you to easily identify periods of high volatility and liquidity, especially during session overlaps.

Wyckoff Signals: Automatically detects and plots potential Wyckoff Spring and Upthrust patterns. These are classic false breakout signals that can help identify potential reversals in an asset's trend.

Key Features:

Customizable: Adjust the colors, session times, and time zones to fit your specific trading needs.

Alerts: Set up alerts for both Spring and Upthrust signals to get notified when a pattern is detected.

Clutter-Free: Combines two indicators into one to keep your chart clean and easy to read.

6 giorni fa

Note di rilascio

Trading Sessions and Wyckoff Signals
This comprehensive indicator combines two powerful tools into a single script:

Trading Sessions: Displays the main forex trading sessions for Tokyo, London, and New York directly on your chart. This allows you to easily identify periods of high volatility and liquidity, especially during session overlaps.

Wyckoff Signals: Automatically detects and plots potential Wyckoff Spring and Upthrust patterns. These are classic false breakout signals that can help identify potential reversals in an asset's trend.

Key Features:

Customizable: Adjust the colors, session times, and time zones to fit your specific trading needs.

Alerts: Set up alerts for both Spring and Upthrust signals to get notified when a pattern is detected.

Clutter-Free: Combines two indicators into one to keep your chart clean and easy to read.