An update to my original Currency Strength script to include a 2nd timeframe for more market context. Changed the formatting slightly for better aesthetics, as the extra column and colors became unsightly. Also added a new setting for "Flat Color", which changes the value background to a simple green/red for above or below 50, rather than using the Color Scale...
Price Power & Under Current. This is an updated version of the script I had shared earlier namely 'GDM Power Cross' I have added under current and have removed upper an lower bands. How to Trade: Similar to various Moving Average cross over strategies; this indicator can be used to trade crossovers of Price Powers. Lengths I have used as default are 7, 9 and 21....
This script is helping you auto plot daily SMA EMA and extensions when you are looking at intraday charts. The script is customizable where user can select which ever levels they are interested in viewing. These daily lines act as support and resistance levels for intraday The green line represent 20 EMA Daily The yellow line represent 50 SMA Daily The olive line...
// An oscillator that visualizes Ichimoku trend line distances in terms of ATR. // Public Domain // By JollyWizard
✨SKYtrend Bruteforce Now Open Source✨ 📌This indicator analyzes the trend and calls Long/Short which is fully custom to fit your style of trading. 📌Custom Take Profit Levels currently have 3 TP levels for Long and Short you can decide which % each TP will be in settings. 📌2 Custom Stoploss levels. For Long or Short. Can Enable or Disable either. 📌Can set alert...
An example of how to implement Ichimoku in other scripts using my `lib-hlm`. You can copy and paste this code into any `\\@version=5` indicator to add Ichimoku to it.
Hello Traders, the script below is designed to display the monthly, weekly, previous days' and current days' open, close, high and low. I designed it to assist in top down analysis by knowing the monthly and weekly opens and closes it makes it a lot easier to make trading decisions on the lower timeframes. As the user you can choose which price values you'd like...
It a Combination of 4 Moving Averages. 2 Simple Moving Averages (50 SMA & 100 SMA) 2 Fast Moving Averages (50 EMA & 100 EMA)
Quick Levels allow users to quickly add multiple levels to their chart all at once through an intuitive user interface! No need to fiddle with drawing lines and then inputting their exact position afterwards, do all of it with one string of numbers! Insert multiple levels at once, simply separate your price levels by commas(,). Insert levels across tickers to save...
█ This Indicator is based on Pivot detection to show bands and channels. The pivot price is similar to a resistance or support level. If the pivot level is breached, the price should continue in that direction. Or the price could reverse at or near this level. █ Usages: Use channels as a support & resistance zone. Use bands as a support & resistance zone....
Trend Friendly RSI Unlike the standard RSI, "Trend Friendly RSI" adapts to the trend. RSI and other momentum-based oscillators cannot give a buy signal in uptrends and a sell signal in downtrends because they do not take into account the momentum of the trend and behave as if the price is in a constant sideways trend. "Trend Friendly RSI", on the other hand, takes...
This script boxes a custom session and sets the box at the high and low of the session and draws that box to the next session. Box color is determined by price in relation to the box position. Box color is set at the start of the next session. This allows user to lookback at multiple box sets to see how each day closed in relation to the session highlighted. I...
I created this script as POC to handle specific cases where not having tick data on historical bars create repainting. Happy to share if this serves purpose for other coders. What is the function of this script? Script plots a sub-candle which is remainder of candle after forming the latest peak. Higher body of Sub-candle refers to strong retracement of...
This indicator is based on MFI25 and EMA55 and optimized for 1 day graph and slow swing trading to show large moves and tops and bottoms. You can change the MFI and EMA settings according to your style of trading. The change from green to red and visa versa are the buying and selling moments. The yellow line indicates that a change is possibly comming or not...
Mainly this indicator is a Relative strength indicator which tells us about the strength of a scrip as compared to an index . That is it outperforming the index or underperforming . Outperformance signifies Strength and Under performance signifies Weakness .Inspired from Bharat trader's Relative Strength of a stock , but changing the period for all time frames is...
PrevHighLow Trend Indicator which is calculated by using prev lowest and highest of p1 -period and p2 -period for two MAs. First MA is made of prev highest of p1-period / prev lowest of p1-period. Second MA is faster, made up of p2(<p1)- period(same formula). Can be used in the next way: slower MA(straight line) shows main trend, faster shows temporary...
Script Details - This script plots Inside Bar for given day in selected time-frame (applicable only for Timeframes < Day) - Basis plotted inside bar, relevant targets are marked on the chart - Targets can be customised from script settings. Example, if range of mother candle is 10 points, then T1 is 10 * x above/below mother candle and T2 is 10 * y above/below...
Hello good people, Several have asked for an option buying "system" similar to the CPR selling system I previously coded. This is a work in progress, but thought I would share in order to get some feedback. I have been working through different setups and believe I have landed on a decent system, using the AlphaTrend indicator created byKivancOzbilgic. I've...