█ Overview
The Ross Hook pattern is one of the most consistent and successful trading patterns that have been around for years. The Ross Hook is the first correction following the breakout of the 1-2-3 formation . This means that the Ross Hook only occurs in established trends. In other words, Ross Hook is a trend continuation setup. To fully understand the...
Best indicator for scalping on 5 min Timeframe
Rules of trading
For Long Entry
When a candle break the line upside and you see (three white soldiers) enter for a long trade. Stoploss should be at lower of at line breaking candle and take profit should be 1.5 (three white soldier's first candle should break the line)
For Short entry
When a candle break the...
This indicator gives you the ability to display a heiken ashi candle on top of your regular chart. The period of the candle can be changed. The example above shows the 1W heiken ashi candle on top of the 4h candle.
In this version of the script you can force to cancel your position after some amount of time indepedently on price action. For example, your bot open a short position with SL=1% and TP=2.4% but price did not reach any of this level over the course of to say 8 hours. In this case, position will be closed regardless of the price.
Other interesting features are...
This indicator aims to find energetic displacements that cover a higher range than a given threshold value. It shows the start of the displacements and all the ends that satisfy the given parameters. It can also be used to alert in case a displacement is found.
█ Overview
The 1-2-3 pattern is the most basic and important formation in the market. Almost every great market move has started with this formation. That is why you must use this pattern to detect the next big trend. In fact, every trader has used the 1-2-3 formation to detect a trend change without realizing it.
Our 1-2-3 Pattern (Expo) indicator helps...
This is indicator plot Heikin Ashi of chart with RSI data
You can use this indicator like normal RSI with divergence or cross overbought oversold level
It can help you find pivot better and have better visual of market conditions when market overbought or oversold
This is good real-time / scalp indicator for those scalping Bitcoin.
It is based solely on Binance's BTCUSDT Perpetuals, but can be used on any BTCUSD pair as I am requesting info directly from Binance's chart.
IDEA
I have spotted that many times, round nrs (most likely caused by algo-trading) mark a top / bottom on a trend. Many times have catched extremes...
This is an attempt to develop alternative visualisation of financial charts. This script also makes use of new pine feature types which represents User Defined Object Types. You can refer to below documentation to understand more about this feature:
www.tradingview.com
www.tradingview.com
🎲 Structure of new chart components
🎯Instead of candles/bars,...
Hello, guys
This indicater displays the previous value of higher timeframe without request.security() function.
You can change the candle style ( heikinashi or normal) on the set box.
you can choose the higher timeframe also.
I made this to avoid the repainting.
Without Box() function, i only used plotcandle and fill.
It was good fun.
Good luck !!
— Overview
Like traditional candles, session based candles are a visualization of open, high, low and close values, but based on session time periods instead of typical timeframes such as daily or weekly. Session candles are formed by fetching price at session start (open), highest price during session (high), lowest price during session (low) and price at...
Level 1
Background
At the beginning of the stock price rise, the stock form is a buying point in the "N" shape.
Function
This form is the same as the "N" shape. What is pursued is the strength of the skyrocketing rise after the sharp rise and fall. The adjustment time in the middle of the N shape must not exceed 3-4 days! If it is an aggressive Changyang, the...
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Traders, welcome.
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Have a good day.
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I would like to take the time to explain the indicators needed for trading among the two indicator formulas previously disclosed.
The HA-MS indicator is an indicator created using the Heikin...
Not many candlestick patterns hurt traders on the other side of the trade more than this signal, when it happens, think of it as kicking in the teeth, the pain is real.
An upwards signal is painted when you have a two-bar formation, the one on the left is a bearish one whereas the successive one is bullish, when you have fat bodies in both candles, meaning the...
Tweezer top and bottom, also known as tweezers, are reversal candlestick patterns
that signal a potential change in the price direction. Both formations consist of
two candles that occur at the end of a trend, which is in its dying stages.
The tweezer bottom candlestick pattern is a bullish reversal pattern that can be
spotted at the bottom of a downtrend. It...
// Indicator Name: "Significance Condensed"
// This is a "Multi-Indicator", which includes:
// Custom Candlesticks with Bearish/Bullish Engulfing Body Fills, otherwise hollow.
// 3 EMA's with user inputs + 2 Static EMA's
// Continuous plots of high/low values with up to 3 overlapping timeframes.
// Table: Contains the TICKER.ID, Current Price, Percent On Day...
COINBASE:BTCUSD
HOLP and LOHP based on John Carter's Mastering the Trade.
HOLP stands for High Of the Low Period
LOHP stands for Low Of the High Period
This indicator is based on John Carter’s HOLP and LOHP from Mastering the Trade. The basic idea is to identify the session high and mark the low of the session high for a short entry, and vice versa for a long...
![002980: [blackcat] L1 N-Shape Attack](https://s3.tradingview.com/s/s0eaLLBE_mid.png "[blackcat] L1 N-Shape Attack")
