The provided Pine Script code is an indicator script designed to identify and display flat tops and bottoms on a price chart. Inputs: showFlatTops (boolean): Determines whether to display flat tops. showFlatBottoms (boolean): Determines whether to display flat bottoms. enableAlerts (boolean): Enables or disables alerts for flat tops and bottoms. ...
Hello guys This script follows traditional technical indicators MACD, ADX, RSI and pivot points If the price is above the resistance and the MACD has crossover ,and the RSI 14 is above 50 ADX is higher than 20, and DI+ is higher than DI-. This is a buy signal and vice versa for a sell signal The script moves the stop loss to the entry price after the first target...
Releasing this utility indicator I made for myself and thought others may find it helpful. It is a simple currency conversion indicator. I personally trade both the TSX and the NYSE and hold both CAD and USD. As such, when I take positions in either or, I like to track how the currency I hold is affecting my position. What the indicator does: So, as indicated...
The Average Daily Range (ADR) is a common metric used to measure volatility in an asset. It calculates the average difference between the highest and lowest price over a time interval – normally five days. The Inner Circle Trader teaches the importance of this metric from an algorithmic point of view; in particular the 1/3ADR price level is deemed to be a...
The RSI Dot Party indicator displays all RSI lengths from 1 to 120 as different colored dots on the chart. 🔶 Purpose Show the reversal point of price action to time entries and exits. 🔶 USAGE When a dot displays it is a indication of the reversal of the price/trend. The larger the dot the more likely it is to reverse. The Default settings generates...
Please, enjoy your new game changing tradingview indicator, may I present you: the Smooth Trail (first version). The Smooth Trail is an indicator that works just like a super trend, but it has a completely different usage and potential. The super trend works following the price and displaying a line that uses the ATR to determine how far it has to be from the...
The Bitcoin Limeted Growth is a model proposed by QuantMario that offers an alternative approach to estimating Bitcoin's price based on the Stock-to-Flow (S2F) ratio. This model takes into account the limitations of the traditional S2F model and introduces refinements to enhance its analysis. The S2F model is commonly used to analyze Bitcoin's price by...
This indicator gives the user an easy way to check the conditions of the market. Up market should be good for breakout traders. Down market should be good for breakdown shortsellers The others should be good for pullback buyers. This script automaticlly check which index should be used for the depending on which ticker is view. If no match is found indicator will...
- Overview Open interest flow detects inflows (positions opening) and outflows (positions closing) using open interest and estimates delta (net buyers/sellers) for the flows. Users are able to choose any open interest source available on Tradingview, by default set to BTCUSDT OI fetched from Binance. Using historical open interest flows, bands depicting typical...
Hello traders, I'm Only Fibonacci. With this indicator, you will see the averages according to the hourly, weekly and monthly price movements in many periods on the chart. This will show you the moving average values of the price over different periods in a progressive manner on the chart that is open to you. Options and Usage To see the hourly average,...
The ICT T.G.I.F (Thank God Its Friday) works on the following strategy: 1. Friday makes the High/Low of the Week. 2. The Weekly High/Low range is used to calculate 20-30% levels. (see chart above) 3. Trades are taken in the Friday PM session (NY EST) with the idea that price may retrace to the 20-30% level. The indicator plots the following levels: 1. Week...
Improved version: This indicator is based on Subhashish Pani's "Power of Stocks" 5 EMA Strategy, which aims to identify potential buying and selling opportunities in the market. The indicator plots the 5 EMA (Exponential Moving Average) and generates Buy/Sell signals with corresponding Target and Stoploss levels. Subhashish Pani's 5 EMA Strategy is a...
This script is a Fully Automated trading script meant to be used with "Oanda" broker and the plug-ins for algorithmic trading automation.( FOREX ONLY) This script is meant to capture "TREND FOLLOWING " for intraday charts (1hour) preferably and will hold for days / weeks .trading on forex markets. (The combination of indicators includes a short high and low price...
This indicator will allow you to make your custom volume TradingView screener without coding. Add it to the chart, and select up to 40 symbols and up to five indicators. The screener will do the rest for you. The indicator will form a lovely table with all values and highlighted signals. It allows also to filter symbols based on the values of indicators and sends...
Overview The trendline is one of the most potent and flexible tools in trading. A rising trendline indicates an upward trend, a falling trendline indicates a downward trend, and a flat trendline indicates a range-bound bond market. Breakouts, price bounces, and reversal / Retest tactics are all types of trades that may be made using a trendline. Additionally,...
Pip Calculator: A Guide for Traders The Pip Calculator is a powerful tool designed to help traders calculate their lot size based on their account balance, risk percentage, and stop loss in pips. This guide will walk you through using the Pip Calculator script and explain its features. Features of the Pip Calculator: User-friendly UI : The Pip...
The VWAP Angle Trend is an indicator built with the aim of providing valuable insights into the reversal points of the #VWAP using Angle This is achieved by calculating the angle between the current VWAP and its previous value over a customizable lookback period and normalizing it with ATR By analyzing the angle, we can gain an understanding of the strength...
Understand when the US yield curve inverted and when recessions took place. Select from Federal Funds Rate, 3 month yield, 2 year yield and 10 year yield. Default ratio = Federal Funds Rate / 10 year yield When line goes from white to red = inversion When line goes from red to white = un-inversion Yellow shading shows times when the rates are inverted. Blue...