MAD Ratio with Decile ThresholdsThe MAD Ratio with Decile Thresholds is a technical analysis indicator designed to assess market trends using the ratio of short-term and long-term Simple Moving Averages (SMA). It provides clear signals for potential buying and selling opportunities based on the relationship between these moving averages and predefined thresholds.
Key Features:
MAD Ratio Calculation:
The indicator calculates the MAD Ratio by dividing the 21-period SMA (short-term) by the 200-period SMA (long-term).
Threshold Levels:
Horizontal lines mark key threshold levels:
Ratio = 1: Neutral zone where short- and long-term trends align.
Top Decile Threshold (1.1): Indicates strong bullish conditions.
Bottom Decile Threshold (0.9): Indicates strong bearish conditions.
Buy and Sell Signals:
Strong Buy Signal: Triggered when the MAD Ratio exceeds 1.1, and the 21-SMA crosses above the 200-SMA.
Strong Sell Signal: Triggered when the MAD Ratio drops below 0.9, and the 21-SMA crosses below the 200-SMA.
Weak Buy Signal: Triggered when the MAD Ratio is greater than 1 but below 1.1, and a bullish crossover occurs.
Weak Sell Signal: Triggered when the MAD Ratio is less than 1 but above 0.9, and a bearish crossover occurs.
Visual Elements:
Buy and sell signals are displayed directly on the chart as labels or shapes for easy identification.
Background highlights:
Green zones: Strong bullish conditions (MAD > 1.1).
Red zones: Strong bearish conditions (MAD < 0.9).
The current MAD Ratio value is displayed as text on the chart for real-time monitoring.
Purpose:
This indicator helps traders identify momentum shifts and assess the strength of a trend using both short- and long-term market dynamics. It is especially useful for filtering signals based on decile thresholds to focus on high-probability trade setups.
Indicatori e strategie
RT Levels Pro v2.0This script plots important levels and zones for intraday trading. These levels and zones are based not only on price action, but also on volume profile and vwap. The levels and zones are based on multiple time frames and help to create market context for intraday trading. The levels are available for each trading day for the four markets 6E, GC, ES on futures data and for the DE30 market on FXCM data.
Inefficiency Trend Tracker (ITT)This indicator tracks inefficiencies of price in the market.
A part of these inefficiencies are also known as FVG’s. But there are more inefficiencies than FVG’s. And those are also incorporated in this indicator.
The ITT is very useful in combination with the master pattern model.
Lots of information on the master pattern model can be found freely on the internet.
This ITT is NOT an average of something!!! In that regard it is very unique.
The ITT is very powerful on it's own and requires no further settings either other than colours.
It is possible to get the ITT line of a higher time frame plotted next to the chart's time frame.
Every yellow or blue dot represents the possible start of a new trend.
Next to that, price returning to the level of these dots (represent by the lines extended from the dots) are also strong entry points. Since it means an inefficiency in price has been filled.
The ITT can also be used as an trailing stop level. So the ITT is very versatile.
Christmas tree Animated Pixel ArtThis is an animated Christmas tree that lights up.
It was done using a script by the author of Gunzo_TV
Merry Christmas!
Futures Screener with RSI, ADX, SMA, and Monthly HighsFutures Screener with RSI, ADX, SMA, and Monthly Highs
RT Levels Basic v2.0This script plots important levels for intraday trading. These levels are based not only on price action, but also on volume profile and vwap. The levels are based on multiple time frames and help to create market context for intraday trading. The levels are available for every trading day for futures markets - 6E, 6B, ES, CL, GC and for selected forex markets, but only when using FXCM data.
Çoklu HA Kanalları, GRFM ve TTATürkçe
Çoklu HA Kanalları, GRFM ve TTA İndikatörü Kullanım Kılavuzu
Bu indikatör, piyasa trendlerini ve potansiyel destek/direnç seviyelerini belirlemek için kullanılır. İndikatörü nasıl kullanacağınız aşağıda açıklanmıştır:
Çoklu HA Kanalları: Bu bölüm, farklı yüzde sapmalarla üç kanal oluşturur. Kanallar arasında fiyat hareketi, trend gücünü ve olası tersine dönüş noktalarını gösterir. Fiyat üst kanalın üzerine çıktığında trendin güçlü olduğu, alt kanalın altına düştüğünde ise trendin zayıfladığı anlamına gelebilir.
GRFM (Golden Ratio Fibonacci Multipliers): SMA 350'ye dayalı olarak çeşitli Fibonacci ve diğer çarpanlarla çizgiler çizer. Bu çizgiler, piyasanın uzun vadeli destek veya direnç seviyelerini belirlemenize yardımcı olur. Fiyat bu çizgilere yaklaştığında, potansiyel dönüş veya kırılma noktaları olarak dikkate alınabilir.
TTA (Trend Tracking Average): Bu, belirli bir periyotta ve belirli bir kaydırma ile hesaplanan bir hareketli ortalamadır. Trendin genel yönünü takip etmek için kullanılır. Fiyat TTA'nın üzerindeyse yükseliş trendi, altındaysa düşüş trendi işareti olarak yorumlanabilir.
Kullanım İpuçları:
Trendin yönünü belirlemek için TTA'ya dikkat edin.
Fiyatın kanallar arasındaki hareketine göre kısa vadeli alım-satım kararları alabilirsiniz.
GRFM çizgileri uzun vadeli analizler için idealdir.
İngilizce
Multi HA Channels, GRFM, and TTA Indicator User Guide
This indicator is designed to identify market trends and potential support/resistance levels. Here's how to use it:
Multi HA Channels: This section creates three channels with different percentage deviations. The movement of the price within these channels can indicate the strength of the trend and potential reversal points. If the price moves above the upper channel, it suggests a strong trend; if below the lower channel, it might indicate a weakening trend.
GRFM (Golden Ratio Fibonacci Multipliers): Based on SMA 350, it plots lines with various Fibonacci and other multipliers. These lines help identify long-term support or resistance levels. When the price approaches these lines, they can be considered as potential reversal or breakout points.
TTA (Trend Tracking Average): This is a moving average calculated over a specific period with a certain offset. It's used to follow the general direction of the trend. If the price is above the TTA, it suggests an uptrend; if below, it indicates a downtrend.
Usage Tips:
Pay attention to the TTA to determine the overall trend direction.
Make short-term trading decisions based on how the price moves within the channels.
GRFM lines are ideal for long-term analysis.
MAD Ratio with Buy/Sell SignalsThis code creates an indicator that generates Buy and Sell signals based on the Moving Average Distance (MAD) Ratio and the crossover/crossunder of two Simple Moving Averages (SMA). Here's a breakdown of what it does:
What the Indicator Shows:
Moving Averages:
21-day SMA (shortMA): Plotted in blue.
200-day SMA (longMA): Plotted in red.
These lines visually represent short-term and long-term trends in price.
Horizontal Reference Line:
A gray horizontal line at Ratio = 1 marks when the 21-day SMA and 200-day SMA are equal. This is the neutral point for the MAD ratio.
Buy and Sell Signals:
Buy Signal (Green Label):
Triggered when:
MAD Ratio > 1 (shortMA is greater than longMA, indicating upward momentum).
The 21-day SMA crosses above the 200-day SMA.
Displays a green "BUY" label below the price chart.
Sell Signal (Red Label):
Triggered when:
MAD Ratio < 1 (shortMA is less than longMA, indicating downward momentum).
The 21-day SMA crosses below the 200-day SMA.
Displays a red "SELL" label above the price chart.
RT Patterns v2.0This script displays both price action information and volume information on candlesticks. In this script, we can enable the function of displaying the 2hh2ll candlestick formation and the inside bar formation. We can also display information about whether it is a positive or negative candle. This is displayed with the symbols + and -. We use it especially when it is not clearly visible whether the candle is positive or negative. Another function is to highlight candles with a large volume compared to the average. You can set the number of hours or candles for which the average volume is calculated and at what multiple the candle should be highlighted.
Hammer and Reverse Hammer Candles HighlightHammer and Reverse Hammer Candles Highlight Indicator
The Hammer Candle Highlight Indicator is a visual tool designed to identify and highlight hammer candles on the chart. Hammer candles are a significant price action signal, often associated with potential reversals or strong buying pressure, and are characterized by a long lower wick relative to the body size.
Core Features:
Hammer Candle Detection:
Identifies candles where:
The lower wick is at least 3 times the size of the body (customizable via settings).
The upper wick is smaller than or equal to the body.
Customizable Wick-to-Body Ratio:
The user can adjust the ratio to control the sensitivity of hammer detection.
Default ratio is set to 3.0.
Default ratio is set to 2.5.
Chart Highlighting:
Candles meeting the hammer criteria are highlighted with a semi-transparent background for easy visualization.
Alerts:
Alerts notify the user when a hammer candle is detected.
Use Cases:
Reversal Signal:
Hammer candles often indicate a potential bullish reversal after a downtrend.
They show strong buying interest after a period of downward pressure.
Support Level Confirmation:
Hammer candles forming near support levels may validate the level and indicate a strong bounce.
Trend Continuation:
In some cases, hammers within an uptrend may signal renewed buying momentum.
Customization Options:
Wick-to-Body Ratio:
Adjust the ratio (wickMultiplier) to fine-tune hammer detection.
Example: A ratio of 3.0 means the lower wick must be at least 3 times the size of the body.
Highlight Color:
Customize the background color (highlightColor) for hammer candles on the chart.
How It Works:
Calculations:
Body: Absolute difference between the candle's open and close.
Lower Wick: Distance between the lower of the open/close and the low.
Upper Wick: Distance between the higher of the open/close and the high.
Hammer Conditions:
Lower wick must be greater than or equal to 3 times the body size.
Upper wick must be less than or equal to the body size.
Visualization:
Candles meeting the criteria are highlighted on the chart.
Alerts:
Users can configure alerts for real-time notifications when hammer candles are detected.
Benefits:
Time-Saving:
Automates the identification of hammer candles, saving time and effort.
Customizable:
Flexible settings allow traders to adjust detection parameters to fit their strategy.
Actionable Insights:
Provides actionable signals for potential reversals or trend continuations.
Ideal For:
Traders relying on price action strategies.
Swing traders and scalpers looking for reversal signals near key levels.
Traders using support/resistance analysis or ICT trading concepts.
This indicator simplifies the process of detecting hammer candles, making it a valuable addition to any trader's toolkit. Let me know if you’d like further enhancements!
Ignition Crystal BallIgnition Crystal Ball (ICB) Indicator
Inspired by the John Carter TTM Squeeze concept
1. Introduction
This “Ignition Crystal Ball” indicator combines Bollinger Bands (referred to here as “Ignition Bollinger Bands”) with one or two Keltner Channels to help traders visualize periods of potential “squeeze.” In John Carter’s TTM Squeeze logic, market volatility often shrinks when Bollinger Bands move inside Keltner Channels, and it expands when prices “fire” out of that squeeze.
This script also calculates custom angles on the Bollinger Bands, computes pip differences, and generates buy/sell alerts based on changing conditions. Below is a high-level overview of the indicator’s components, features, and how a trader might use it.
2. Ignition Bollinger Bands (IBB)
2.1 Inputs
• Length (default 20)
• StdDev (default 2.0)
• Threshold Angle (x10)
• Pip Differential Threshold
2.2 Calculation
1. Basis (Center Line)
Uses a simple moving average of close over length_ibb bars.
2. Upper & Lower Bands
Calculated by adding/subtracting (StdDev × standard deviation) from the basis.
2.3 Angle Detection
A custom function angle(_src, _lookback) approximates the slope of the Bollinger Bands in degrees by comparing _src vs. _src and applying an arctangent. The script colors table outputs when these angles exceed the user-defined threshold.
3. Keltner Channels
3.1 Inputs
• Length K1 / K2
• Multiplier K1 / K2
• Source K1 / K2
• Bands Style: Choice among “Average True Range,” “True Range,” or “Range.”
• Use Exponential MA: Toggle between EMA or SMA for the baseline.
3.2 Calculation
The script’s keltnerChannel function:
1. Calculates a moving average (EMA or SMA).
2. Computes a range using either ATR, True Range, or the plain bar range (high - low).
3. Returns the upper, middle, and lower lines.
Two sets of Keltner Channels (K1 and K2) are plotted by default.
4. Bollinger vs. Keltner: Identifying the “Squeeze”
A key part of many TTM Squeeze–style strategies involves looking for when Bollinger Bands move inside narrower Keltner Channels. This script calculates:
upper_pip_diff = (upperIBB - keltner1_upper) * 10000
lower_pip_diff = (keltner1_lower - lowerIBB) * 10000
• If these differences are small, it suggests a “squeeze” is in effect.
• The script also calculates a new_label_pip_diff (the difference between upper_pip_diff and lower_pip_diff) and displays that on the chart as a floating label.
5. Labels, Tables, and Visual Elements
5.1 Floating Labels
The script uses a custom floatingLabel() function to place real-time text boxes near the Bollinger Bands showing:
• upper_pip_diff
• lower_pip_diff
• new_label_pip_diff
• A percentage label that compares the current difference to a previous one.
Colors vary to reflect bullish (green), bearish (red), or neutral (yellow/gray) indications.
5.2 Table Displays
• PipD Table: Shows the absolute distance (in pips) between upper and lower Bollinger Bands.
• Angle Table: Located on the right side of the chart, displays the angles of the upper/lower IBB lines and the basis. If an angle exceeds the threshold, it turns bright (lime or red).
5.3 Plotting & Filling
• IBB: The basis and its upper/lower bands are plotted. The background between them can be filled with a semi-transparent color.
• Keltner Channels: Up to two sets (K1 and K2), each with its own color shading.
6. Alerts
There are two alert conditions, based on a color shift in the script’s logic:
buy_alert_condition = text_color_upper != color.green and text_color_upper == color.green
sell_alert_condition = text_color_upper != color.red and text_color_upper == color.red
• Buy Alert: When the script detects an upper color transition from non-green to green.
• Sell Alert: When the script detects an upper color transition from non-red to red.
7. Usage Tips
1. Spotting Squeezes
Look for times when Bollinger Bands contract inside Keltner Channels, suggesting low volatility.
2. Angle Threshold
The angle table on the right can reveal whether the bands are sloping sharply up or down.
3. Pip Differences (Forex)
For currency traders, tracking pip differences can highlight volatility changes.
4. Multi-Timeframe Analysis
Works on intraday or higher timeframes to detect expansions and contractions in volatility.
5. Alerts
The built-in alerts can notify you as soon as the script’s color logic changes to bullish or bearish.
Ignition Crystal BallIgnition Crystal Ball (ICB) Indicator
Inspired by the John Carter TTM Squeeze concept
1. Introduction
This “Ignition Crystal Ball” indicator combines Bollinger Bands (referred to here as “Ignition Bollinger Bands”) with one or two Keltner Channels to help traders visualize periods of potential “squeeze.” In John Carter’s TTM Squeeze logic, market volatility often shrinks when Bollinger Bands move inside Keltner Channels, and it expands when prices “fire” out of that squeeze.
This script also calculates custom angles on the Bollinger Bands, computes pip differences, and generates buy/sell alerts based on changing conditions. Below is a high-level overview of the indicator’s components, features, and how a trader might use it.
2. Ignition Bollinger Bands (IBB)
2.1 Inputs
• Length (default 20)
• StdDev (default 2.0)
• Threshold Angle (x10)
• Pip Differential Threshold
2.2 Calculation
1. Basis (Center Line)
Uses a simple moving average of close over length_ibb bars.
2. Upper & Lower Bands
Calculated by adding/subtracting (StdDev × standard deviation) from the basis.
2.3 Angle Detection
A custom function angle(_src, _lookback) approximates the slope of the Bollinger Bands in degrees by comparing _src vs. _src and applying an arctangent. The script colors table outputs when these angles exceed the user-defined threshold.
3. Keltner Channels
3.1 Inputs
• Length K1 / K2
• Multiplier K1 / K2
• Source K1 / K2
• Bands Style: Choice among “Average True Range,” “True Range,” or “Range.”
• Use Exponential MA: Toggle between EMA or SMA for the baseline.
3.2 Calculation
The script’s keltnerChannel function:
1. Calculates a moving average (EMA or SMA).
2. Computes a range using either ATR, True Range, or the plain bar range (high - low).
3. Returns the upper, middle, and lower lines.
Two sets of Keltner Channels (K1 and K2) are plotted by default.
4. Bollinger vs. Keltner: Identifying the “Squeeze”
A key part of many TTM Squeeze–style strategies involves looking for when Bollinger Bands move inside narrower Keltner Channels. This script calculates:
upper_pip_diff = (upperIBB - keltner1_upper) * 10000
lower_pip_diff = (keltner1_lower - lowerIBB) * 10000
• If these differences are small, it suggests a “squeeze” is in effect.
• The script also calculates a new_label_pip_diff (the difference between upper_pip_diff and lower_pip_diff) and displays that on the chart as a floating label.
5. Labels, Tables, and Visual Elements
5.1 Floating Labels
The script uses a custom floatingLabel() function to place real-time text boxes near the Bollinger Bands showing:
• upper_pip_diff
• lower_pip_diff
• new_label_pip_diff
• A percentage label that compares the current difference to a previous one.
Colors vary to reflect bullish (green), bearish (red), or neutral (yellow/gray) indications.
5.2 Table Displays
• PipD Table: Shows the absolute distance (in pips) between upper and lower Bollinger Bands.
• Angle Table: Located on the right side of the chart, displays the angles of the upper/lower IBB lines and the basis. If an angle exceeds the threshold, it turns bright (lime or red).
5.3 Plotting & Filling
• IBB: The basis and its upper/lower bands are plotted. The background between them can be filled with a semi-transparent color.
• Keltner Channels: Up to two sets (K1 and K2), each with its own color shading.
6. Alerts
There are two alert conditions, based on a color shift in the script’s logic:
buy_alert_condition = text_color_upper != color.green and text_color_upper == color.green
sell_alert_condition = text_color_upper != color.red and text_color_upper == color.red
• Buy Alert: When the script detects an upper color transition from non-green to green.
• Sell Alert: When the script detects an upper color transition from non-red to red.
7. Usage Tips
1. Spotting Squeezes
Look for times when Bollinger Bands contract inside Keltner Channels, suggesting low volatility.
2. Angle Threshold
The angle table on the right can reveal whether the bands are sloping sharply up or down.
3. Pip Differences (Forex)
For currency traders, tracking pip differences can highlight volatility changes.
4. Multi-Timeframe Analysis
Works on intraday or higher timeframes to detect expansions and contractions in volatility.
5. Alerts
The built-in alerts can notify you as soon as the script’s color logic changes to bullish or bearish.
Estrategia RSI para BCT/USDT//@version=5
indicator("Estrategia RSI para BCT/USDT", overlay=false)
// Configuración del RSI
rsiPeriod = 14
rsiOverbought = 70
rsiOversold = 30
// Cálculo del RSI
rsiValue = ta.rsi(close, rsiPeriod)
// Señales de Compra y Venta
buySignal = ta.crossover(rsiValue, rsiOversold)
sellSignal = ta.crossunder(rsiValue, rsiOverbought)
// Gráfico del RSI
hline(rsiOverbought, "Sobrecompra", color=color.red)
hline(rsiOversold, "Sobreventa", color=color.green)
plot(rsiValue, "RSI", color=color.blue)
// Señales en el gráfico
plotshape(buySignal, style=shape.labelup, location=location.belowbar, color=color.green, size=size.small, text="BUY")
plotshape(sellSignal, style=shape.labeldown, location=location.abovebar, color=color.red, size=size.small, text="SELL")
// Histograma de RSI
bgcolor(buySignal ? color.new(color.green, 90) : na)
bgcolor(sellSignal ? color.new(color.red, 90) : na)
WhaleWizardBot (v1) by W2_Indicators (limited version)Description:
This script replicates historical trading signals generated by a highly advanced quantitative trading system currently running live.
The development of this system has taken over 2 years of rigorous research and implementation. Leveraging cutting-edge methodologies in quantitative analysis and machine learning, it processes vast amounts of market data to generate these signals.
Exclusive and Powerful:
The computational requirements to generate these signals are extremely demanding, utilizing high-performance computing resources. Because of this, the algorithm is currently for private use only and is not available for public distribution at this time.
Future Availability:
There may be a limited distribution of this system in the future under a highly exclusive subscription model. Due to the power and precision of this system, the subscription cost would be set at approximately 10,000 USD per month per user (with a very limited set of users).
Contact Information:
For inquiries about this algorithm, future availability, or partnerships, please feel free to reach out: undermetrics at gmail.com
or on x/twitter: x.com
ChristmasWishing You All a Merry Christmas! 🎄☃️❄️
May your charts be ever-green, your trades profitable, and your holiday season filled with joy, warmth, and magic. Happy Holidays!
Open-Close Diff with Bollinger Bands (Up to 8σ)1. what this code does
This code does the following
Calculates the difference (diff) between the open (opening) and close (closing) prices
The direction and magnitude of the price change for each candle.
Calculate Bollinger bands from ±3σ to ±8σ
Calculated based on moving average (basis) and standard deviation (stdDev)
Calculates the upper and lower limits of the Bollinger Bands and plots the lines at each σ level (3σ to 8σ).
Changes background color when the Bollinger Band is exceeded.
For example, if the diff is between ±3σ and ±4σ, the background is changed in red or blue.
When a value reaches a Bollinger Band outside of the more outer Bollinger Band (e.g., ±8σ), the transparency of the background color changes to visually highlight the anomaly.
OTT Indicator /Crypto Profit/Kiváló indikátor magas volatilitású chartokra!
Nehézségi szint: ***
Működése: Két mozgóátlag alapján ítéli meg a Long és Short pozíciók nyitását.
Ajánlott: Alacsonyabb Timeframe-n (1m, 5m) kriptovaluta kereskedésre.
Supertrend Strategy - Day TraderA high win-rate strategy designed for day traders, leveraging Supertrend to make precise trend-based trading decisions. Simple yet effective, this strategy is ideal for those aiming to maximize consistency in their trades.
Support And Resistance | EcoX TradingPurpose
This indicator identifies key support and resistance levels and visualizes them alongside Bollinger Bands. It is designed specifically for the 1-minute timeframe, targeting liquidity zones through higher timeframe levels. The indicator assists traders in spotting potential reversal zones and overbought/oversold conditions. While it highlights important price levels, it is not intended for precise entry or exit signals and works best when combined with other tools like RSI, SMI, AI Trend or indicator of your choice.
Calculation Overview
Support and Resistance Levels:
Derived from ta.lowest() and ta.highest() functions for specific intervals:
15 minutes, 1 hour, 2 hours, 4 hours, 12 hours, and 1 day.
These intervals are carefully selected to capture liquidity zones respected by price action.
Bollinger Bands:
Uses a 200-period volume-weighted moving average (VWMA) as the basis.
The bands are calculated with a 3x standard deviation, marking extreme price levels.
Usage / Example Scenario
1. Long Positions
Identify a Strong Support Level:
Locate a support level (e.g., 2-hour support in green) that the price consistently bounces off without breaking lower.
Confirm Liquidity:
Check the order book and market depth chart to confirm the presence of substantial limit buy orders just below the support.
Strong liquidity reinforces the potential for a reversal at the support level.
Entry Strategy:
Open a long position when the price approaches the support level and shows signs of reversal (e.g., respecting the support without further downward momentum).
Exit Strategy:
Exit the position near a resistance level (e.g., 4-hour resistance in yellow) where the price has historically struggled to break higher.
2. Short Positions
Identify a Strong Resistance Level:
Find a resistance level (e.g., 1-hour resistance in orange) where the price frequently gets rejected.
Confirm Liquidity:
Use the order book and market depth chart to verify significant limit sell orders above the resistance.
Strong sell-side liquidity indicates a high probability of a reversal at this level.
Entry Strategy:
Open a short position when the price approaches the resistance level and shows signs of reversal (e.g., failing to move higher and respecting the resistance zone).
Exit Strategy:
Close the position near a support level (e.g., 2-hour support in green) where buying pressure is likely to occur.
Disclaimer
This indicator is a technical tool for identifying price zones of interest. It does not guarantee accurate entry or exit points. Always use it as part of a broader trading strategy.
Cummulative DeltaCummulative Delta indicator based on delta calculations from Delta Divergence indicator.
With Cummulative Delta MA.
Crawblanc by SiriusThe "Crawblanc by Sirius" is a Pine Script indicator designed for use on the TradingView platform. It implements an advanced ZigZag structure analysis with extended visualization options, offering traders a detailed representation of market patterns. Here's a breakdown of its features:
ZigZag Structure Detection:
Identifies market high and low points based on customizable depth, deviation, and backstep parameters.
Allows traders to observe directional changes (bullish or bearish) and significant trend reversals.
Customizable Visual Elements:
Display settings for lines, triangles, and labels associated with market structures.
Adjustable transparency, label size, and colors for bullish and bearish formations.
Optional display of triangle IDs and areas, calculated dynamically based on detected points.
Interactive Inputs:
Enables toggling between calculation methods (e.g., open/close vs. low/high prices).
Allows customization of transparency levels, line thickness, and label styles to suit individual preferences.
Advanced Calculations:
Triangle areas and center points are calculated for enhanced visualization.
Supports projection and center-point calculations to provide additional market insights.
Real-Time Updating:
Dynamically updates on price changes, deleting and redrawing lines and labels as necessary.
Displays point IDs and triangle areas, helping traders track ongoing market conditions.
Color Coding:
Distinct colors for bullish (green/blue tones) and bearish (red/yellow tones) phases.
Automatic color inversion for labels to ensure clear visibility on various backgrounds.
Extensibility:
Users can choose to extend lines or restrict them to specific areas.
Supports up to 500 lines, labels, and boxes, making it suitable for detailed analyses.
Use Case:
This indicator is highly beneficial for traders seeking to:
Identify support and resistance levels.
Analyze market patterns for entry and exit opportunities.
Understand complex structures like triangles and trends dynamically in real time.
The combination of user-friendly inputs and advanced visualization tools makes it ideal for technical analysts focused on improving decision-making through graphical insights.
EMA9 Pullback Range (JFK)Deze indicator helpt traders om instapmogelijkheden te identificeren rond de EMA9 door een tolerantieband te visualiseren die per aandeel aangepast kan worden.
