### 🌟 **Uptrick: Momentum Channel Indicator (MC_Ind)** 🌟 The **"Uptrick: Momentum Channel Indicator"** is a powerful tool designed to help traders gauge market momentum and identify potential overbought or oversold conditions. Whether you're a day trader, swing trader, or long-term investor, this indicator can be your compass 🧭 in the complex world of trading....
Forex Session Tracker is a tool designed to track and visualize trading activity across the four key Forex market sessions: New York, London, Tokyo, and Sydney. The indicator helps traders see the time intervals of each session, their impact on price movements, and analyze volatility within these sessions. Key Features: • Session Visualization: The indicator...
Moving Average Confluence Description in English: This indicator uses multiple moving averages (SMA, EMA, WMA) with different periods to identify confluence points that can indicate support or resistance zones. Detailed Explanation: Configuration: SMA Length: This input defines the period for the Simple Moving Average (SMA). The default value is 50. EMA...
█ OVERVIEW The Heiken Ashi Ribbon is a powerful trading tool that creates a strong ribbon that indicates market strength. This ribbon is created using four moving averages that use Heiken Ashi values (high, low, open and close) as its input values. The ribbon will also be colored green, red or grey depending on whether or not its direction aligns with current...
Trend Lines with Gradient Description in English: This indicator identifies trend lines and applies a gradient coloring to visualize the strength of the trend over time. The color is stronger at the beginning of the trend and weaker at the end, helping traders to visually assess the trend's development. Detailed Explanation: Configuration: Length for Trend...
Overview The Custom Bollinger Bands Indicator is a versatile tool designed to help traders identify potential market reversals and optimize their trading strategies. This indicator combines Bollinger Bands with an ATR-based stop-loss mechanism, configurable take-profit levels, and dynamic position sizing to manage risk effectively. By highlighting key market...
Overview The Weekly & Daily High/Low Analyzer indicator is designed to analyze the likelihood of achieving the High or Low of the day or week based on user-specified parameters. This tool is ideal for traders who want to identify potential turning points in the market by examining historical data. Features Weekly High/Low Analysis: Available exclusively on...
Strategy Name: ADX + CCI + MA - Uncle Sam Overview This strategy aims to capitalize on trending markets by combining the Average Directional Index (ADX), Commodity Channel Index (CCI), and a customizable Moving Average (MA). It's designed for traders seeking a balanced approach to both long (buy) and short (sell) opportunities. Special thanks to the creators of...
Library "Graph" Library to collect data and draw scatterplot and heatmap as graph method init(this) Initialise Quadrant Data Namespace types: Quadrant Parameters: this (Quadrant) : Quadrant object that needs to be initialised Returns: current Quadrant object method init(this) Initialise Graph Data Namespace types: Graph Parameters: ...
This indicator, inspired by Kellyannnn, will plot user specified levels on the NQ Chart. Add the levels you want to see, customize the colors, and you're good to go. Let me give you an example of how this might be used: Say, for example, that you have noticed that the NQ seems to move between the even hundred levels and the even fifty levels.... if you tell...
This indicator calculates and displays the Internal Bar Strength (IBS) along with its moving average. The IBS is a measure that represents where the closing price is relative to the high-low range of a given period. █ Main Formula The core of this indicator is the Internal Bar Strength (IBS) calculation. The basic IBS formula is: ibs = (close - low) / (high -...
The Double FVG BPR Indicator is a versatile tool that helps traders identify potential support and resistance levels through the concept of balanced price ranges. A Balanced Price Range (BPR) is a zone on a price chart where the market has found equilibrium after a period of price imbalance. It is identified by detecting a Fair Value Gap (FVG) in one...
Overview The Auto Fitting GARCH Oscillator is a sophisticated volatility indicator that dynamically fits GARCH (Generalized Autoregressive Conditional Heteroskedasticity) models to the price data. It optimizes the parameters of the GARCH model to provide a reliable measure of volatility, which is then normalized to fit within a 0-100 range, making it easy to...
# Improved Volume Based Indicator ## Overview The Improved Volume Based Indicator is a technical analysis tool designed to identify potential trading opportunities based on volume patterns, price action, and trend direction. This indicator combines volume analysis with moving averages and the Average True Range (ATR) to generate buy and sell signals. ## Key...
This script is based on the simple 2 or 3 candle entry model taught by Armando "The Professor". This strategy will work best on the 1hr timeframe or higher and you can also add a MA on your chart to identify direction of trend and trade with the trend. For example, if price is above the 50 SMA, you can opt to only look for 'buy' signals. If price is below the...
This indicator reimagines the traditional MACD by incorporating a biquad band pass filter, offering a refined approach to identifying momentum and trend changes in price data. The standard MACD is essentially a band pass filter, but often it lacks precision. The biquad band pass filter addresses this limitation by providing a more focused frequency range,...
## Introduction __________________________________________________________________________________ The “Bitcoin Macro Trend Map” script is designed to provide a comprehensive analysis of Bitcoin’s macroeconomic trends. By leveraging a unique combination of Bitcoin-specific macroeconomic indicators, this script helps traders identify potential market peaks and...
Hey Guys ! █ This indicator shows validated Hammer and Shooting Star candle patterns based on volume. This indicator identifies Hammer and Shooting Star patterns and validates them using volume analysis. Hammer and Shooting Star patterns are candlestick patterns that signal potential reversals in the market. █ Usages: A hammer is formed when in a session, the...