The Golden pattern is a three-candlestick configuration based on a variation of the golden ratio (2.618) from the Fibonacci sequence. The bullish Golden pattern is composed of a normal bullish candlestick with any type of body, followed by a bigger bullish candlestick with a close price that is at least 2.618 times the size of the first candlestick (high to low)....
█ Concept Overview The Inner Circle Trader (ICT) methodology is focused on understanding the actions and implications of the so-called "smart money" - large institutions and professional traders who often influence market movements. Key to this is the concept of market structure and how it can provide insights into potential price moves. Over time, however,...
Welcome to the NDR 63-Day QQQ-QQEW ROC% Spread script! This script is a powerful tool that calculates and visualizes the 63-day Rate of Change (ROC%) spread between the QQQ and QQEW tickers. This script is based on the research conducted by Ned Davis Research (NDR), a renowned name in the field of investment strategy. ⚙️ Key Features: 👉Rate of Change...
This script aims to identify and plot trend lines and pivot points on a price chart, with the aim of facilitating technical analysis for trading. The script allows users to configure a number of parameters including the period for Pivot Points, the maximum number of pivots, and the maximum number of trend lines. Pivot points (local highs and lows in the price...
Intraday Intensity Index was created by David Bostian and its use was later featured by John Bollinger in his book "Bollinger on Bollinger Bands" . It is categorically a volume indicator and considered to be a useful tool for analyzing supply and demand dynamics in the market. By measuring the level of buying and selling pressure within a given trading session it...
This script plots VWAP as a horizontal line starting at the most recent candle and extending backwards for a period of 10 to make it easier to see. (default is 10 but can be changed to fit your needs) You may only want to see where VWAP is currently and not need to see the entire day. Helps keep the chart clean. Colors and line settings can all be modified. You...
█ OVERVIEW This indicator is an educational indicator to make pine coders easier to how to use interactive inputs with User-Defined Type (UDT) especially when dealing input.time. █ NOTES This indicator is not perfect but it is a good starting point or template to start develop custom range interactive indicator. █ INSPIRATIONS ABC 123 Harmonic Ratio...
Hello, I am releasing this time series modelling indicator. Brief overview of the indicator's functionality: The Time Series Model indicator is a technical analysis tool that calculates and visualizes a linear regression line based on historical price data. It assesses the trend direction and provides an outer band around the regression line to indicate...
Cumulative TICK Trend indicator is a comprehensive trading tool that uses TICK data to define the market's cumulative trend. Trend is shown on ATR EMA bands, which is overlaid on the price chart. Cumulative TICK shown on the bottom pane is for reference only. Main features of the Cumulative TICK Trend Indicator include: Selectable TICK Source: You have the...
Farzan Paid Caliburn is used to identify trends and smoothen out price fluctuations. It was derived from the candlestick charting techniques, and it is based on open, high, low and close prices from the previous session The Farzan Paid Caliburn indicator is plotted as a candlestick chart with a series of Blue and Black candles. The Blue candles indicate an uptrend...
The Custom Trend Indicator with Reversal Arrows is a user-friendly script designed to help traders identify trends and trend reversals on the TradingView platform. This indicator analyzes price action and generates trend lines based on user-defined rules for uptrends, downtrends, and no-trend conditions. Additionally, it highlights trend reversal points with...
Description: The Commitment of Traders (COT) is a valuable raw data report released weekly by the Commodity Futures Trading Commission (CFTC). This report offers insights into the current long and short positions of three key market entities: Commercial Traders ( usually represented in red ) Large Traders ( typically depicted in green ) Small Speculator...
The "Directional Volume EStimate from Price Action (RedK D_VESPA)" is another weapon for the VPA (Volume Price Analysis) enthusiasts and traders who like to include volume-based insights & signals to their trading. The basic concept is to estimate the sell and buy split of the traded volume by extrapolating the price action represented by the shape of the...
Are you a fan of supertrend? Me too!! Here is a supertrend indicator which provides multiple variation options to chose from. 🎲 Introduction Supertrend is a popular technical indicator used by traders to identify potential trend reversals and determine entry and exit points in financial markets. It is a trend-following indicator that combines price and...
The Linear Regression Channel (Log) indicator is a modified version of the Linear Regression channel available on TradingView. It is designed to be used on a logarithmic scale, providing a different perspective on price movements. The indicator utilizes the concept of linear regression to visualize the overall price trend in a specific section of the chart. The...
This script was developed with Blockhead305 (seriously talented) and uses 1) the Three Line Strike from The Moving Average as well as 2) an original doji script written for me and 3) the Interactive Trendline as developed by Blockhead305. The basic premise is that should a doji or Three Line Strike occur within a customizable ATR distance from your trendline, an...
Auto Trend Projection is an indicator designed to automatically project the short-term trend based on historical price data. It utilizes a dynamic calculation method to determine the slope of the linear regression line, which represents the trend direction. The indicator takes into account multiple length inputs and calculates the deviation and Pearson's R values...
example: if you want to find the stronger/weaker pair between eurusd and gbpusd, what you can do is check the eurgbp charts. if eurgbp is bullish, that means, that longs longs on eurusd are better than on gbpusd. Unfortunately, there is no such thing to compare for example usoil with ukoil, or us100 with us500. That's where this indicator comes in handy. You can...