Very helpful for price-action trading. Works excellently with 1-hour time frames and below.
See Tide Finder Plus (TiFi+) if you want help from this indicator in higher time frames.
See also: Adaptive Rebound Line (ARL).
The idea for this indicator was brought on by the concept of high and low tides and everything related to the concept.
Note di rilascio
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I decided to not publish the Tide Finder Plus (TiFi+). I will just combine it with the Tide Finder (TiFi) instead. The TiFi+ is just the TiFi with extra stuff. I can't publish more than 2 indicators per month with a basic account so I don't want to waste publications.
If you want to get the settings in the picture; turn on "Lines" and, in the "Style" tab, turn off "Top Line", "High Line", "Low Line", and "Bottom Line".
"Lines" are Double Bollinger Bands with a dip line. The middle lines are a KAMA and an ARL. "Compass" is a William's Alligator mimic to predict where the price is heading. "Compass Record" shows the entire Compass. "Day & Night Cycle" is a 200 EMA & a 55 EMA. The Sun is a golden cross and the Moon is a death cross. "Ship Path" is good for Line Charts. It shows the open, close, low, and high. It shows a Parabolic SAR, too.
See also: Adaptive Rebound Line (ARL).
Very helpful for price-action trading. Works excellently with 15-min to 1-hour time frames. The idea for this indicator was brought on by the concept of high and low tides and everything related to the concept.
Credits & Acknowledgements: Code for the Compass in this script is a modified version of William's Alligator. Code for the KAMA in this script is a modified version of KAMA by TradeWithAlchemy.
Note di rilascio
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Fixed issue with lines not showing when "Compass Record" was checked.
I will publish the Tide Finder Plus next month. I am not allowed to publish more than 2 indicators per month with a basic account. :( Please make sure to check out the Adaptive Rebound Line (ARL) in the meantime! :)