QT KAMAUse a longer-term KAMA to define the bigger trend and a shorter-term KAMA for trading signals. For example, KAMA (10,5,30) could be used as a trend filter and be deemed bullish when rising. Once bullish, chartists could then look for bullish crosses when price moves above KAMA (10,2,30) and vice-versa.
Analisi trend
DB - CME Gap [Multi Asset Auto Detection: BTC,SOL, etc]DB - CME Gap is a pro-grade, zero-maintenance CME gap tracker designed for serious traders.
This script automatically detects unfilled CME futures gaps across a wide range of assets—crypto, equities, bonds, commodities, FX, and agriculture—by pulling the official Friday close from CME’s daily futures data. It visually highlights unfilled weekend gaps and keeps them active on the chart until the price fully crosses through the gap level, offering a reliable view of market inefficiencies that often attract future liquidity.
Whether you're trading BTC, ES, CL, ZN, 6E, or ZC... this tool auto-detects and adjusts to the asset you're charting, so you don’t need to change any settings.
🧠 Key Benefits
Fully Automated – No symbol selection required; works instantly across asset classes
Professional Grade – Clean, minimal visuals with dynamic gap tracking
Always Accurate – Uses CME official daily closes to identify true weekend gaps
Cross-Market Versatility – Supports a broad range of assets without editing code
✅ Features
🔍 Auto Symbol Detection
Automatically identifies whether you're viewing BTC, ETH, SOL, ES, NQ, CL, ZN, 6E, GC, ZC, and more—no input required.
📅 CME Friday Close Logic
Pulls the actual Friday close from CME's daily data to detect accurate gap reference points.
🚨 Weekend Gap Detection
Monitors Friday after-hours, Saturday, and Sunday to detect gaps between CME close and weekend price action.
🧠 Persistent Gap Tracking
Gaps remain active until price fully crosses the gap level—no false closures.
📈 Dynamic Line Drawing
Draws a horizontal line at the gap price and extends it to the point of fill.
🌈 Custom Gradient Shading
Fills the area between the current price and the CME gap with directional color gradients based on price movement.
🎨 User-Configurable Colors
Adjust bull and bear fill color themes to suit your personal style.
🧩 Compatible with All Major Asset Classes
Works with:
Crypto: BTC, ETH, SOL
Equities: ES, NQ, YM, MES, MNQ
Bonds & Rates: ZN, ZB, ZF, ZT, GE
Commodities: CL, GC, NG, BZ, SI
FX: 6E, 6J, 6B
Ags: ZC (Corn), ZS (Soybeans)
Trading Value (in Million)This indicator highlights the value of trading rather than just volume. It calculates today’s trading value (today’s volume × today’s closing price) and allows you to compare it with the 20-day and 50-day average trading values. This tool helps you assess liquidity and filter stocks that align with your swing trading strategy.
KAMAKaufman's Adaptive Moving Average (KAMA)
A unique moving average that accounts for volatility and automatically adjusts to price behavior.
What Is Kaufman's Adaptive Moving Average?
Developed by Perry Kaufman, Kaufman's Adaptive Moving Average (KAMA) is a moving average designed to account for market noise or volatility. KAMA will closely follow prices when the price swings are relatively small, and the noise is low. KAMA will adjust when the price swings widen and follow prices from a greater distance. This trend-following indicator can identify the overall trend, time turning points and filter price movements.
Interpreting KAMA
KAMA is like any other trend-following indicator, such as a moving average and can look for price crosses, directional changes and filtered signals.
First, a cross above or below KAMA indicates directional changes in prices. As with any moving average, a simple crossover system will generate lots of signals and lots of whipsaws. One can reduce whipsaws by applying a price or time filter to the crossovers. One might require price to hold the cross for a set number of days or require the cross to exceed KAMA by a set percentage.
source: chartschool.stockcharts.com
Money Flow: In & Out Detector[THANHCONG]Indicator Name:
Money Flow: In & Out Detector
Indicator Description:
The Money Flow: In & Out Detector indicator uses technical indicators such as RSI (Relative Strength Index), MFI (Money Flow Index), and volume analysis to determine money inflow and outflow in the market.
This indicator helps traders identify changes in money flow, allowing them to detect buy and sell signals based on the combination of the following factors:
RSI > 50 and MFI > 50: Money inflow, indicating a buy signal.
RSI < 50 and MFI < 50: Money outflow, indicating a sell signal.
Volume increase/decrease relative to the average: Identifies strong market behavior changes.
Adjustable Parameters:
RSI Length: The number of periods to calculate the RSI (default is 14).
MFI Length: The number of periods to calculate the MFI (default is 14).
Volume MA Length: The number of periods to calculate the moving average of volume (default is 20).
Volume Increase/Decrease (%): The percentage threshold for volume change compared to the moving average (default is 20%).
Look Back Period: The number of periods used to identify peaks and troughs (default is 20).
How to Use the Indicator:
Money Inflow: When both RSI and MFI are above 50, and volume increases significantly relative to the moving average, the indicator shows a Buy signal.
Money Outflow: When both RSI and MFI are below 50, and volume decreases significantly relative to the moving average, the indicator shows a Sell signal.
Identifying Peaks and Troughs: The indicator also helps identify market peaks and troughs based on technical conditions.
Note:
This indicator assists in decision-making, but does not replace comprehensive market analysis.
Use this indicator in conjunction with other technical analysis methods to increase the accuracy of trade signals.
Steps for Publishing the Indicator on TradingView:
Log in to TradingView:
Go to TradingView and log into your account.
Access Pine Script Editor:
Click on Pine Editor from the menu under the chart.
Paste your Pine Script® code into the editor window.
Check the Source Code:
Ensure your code is error-free and running correctly.
Review the entire source code and add the MPL-2.0 license notice if necessary.
Save and Publish:
After testing and confirming the code works correctly, click Add to Chart to try the indicator on your chart.
If satisfied with the result, click Publish Script at the top right of the Pine Editor.
Provide a name for the indicator and then enter the detailed description you’ve prepared.
Ensure you specify the MPL-2.0 license in the description if required.
Choose the Access Type:
You can choose either Public or Private access for your indicator depending on your intention.
Submit for Publication:
Wait for TradingView to review and approve your indicator. Typically, this process takes a few working days for verification and approval.
User Guide:
You can share detailed instructions for users on how to use the indicator on TradingView, including how to adjust the parameters and interpret the signals. For example:
Set RSI Length: Experiment with different RSI Length values to find the sensitivity that suits your strategy.
Interpreting Buy/Sell Signals: When there is strong money inflow (Buy), consider entering a buy order. When there is strong money outflow (Sell), consider selling.
Consecutive CandlesSummary
This indicator helps visualize short-term momentum by automatically drawing boxes around sequences of consecutive same-colored candles (bullish or bearish). It's designed to quickly highlight periods of sustained buying or selling pressure directly on your chart.
How it Works
Consecutive Candle Detection: The script monitors the chart bar by bar, tracking consecutive candles where close > open (bullish) or close < open (bearish).
Box Drawing: When a sequence of same-colored candles reaches a user-defined minimum length (default is 3) and this sequence is then broken by an opposite-colored candle or a doji, a box is drawn.
Box Boundaries:
The top of the box is set to the highest high price reached during the sequence.
The bottom of the box is set to the lowest low price reached during the sequence.
The left edge of the box aligns with the start time of the first candle in the sequence.
The right edge of the box aligns with the end time of the last candle in the sequence.
Stability: Uses xloc = xloc.bar_time to ensure boxes remain accurately anchored to the price bars when zooming or panning the chart.
Real-time Extension: For active sequences meeting the minimum length on the latest developing bar, the box is optionally extended to the right.
Features
Automatically identifies and boxes sequences of 3 or more (customizable) consecutive bullish candles.
Automatically identifies and boxes sequences of 3 or more (customizable) consecutive bearish candles.
Extends box in real-time for active qualifying sequences.
Customizable minimum candle count (>= 2).
Customizable colors for bullish/bearish boxes and borders.
Settings
You can customize the indicator via the Settings menu (gear icon):
Minimum Consecutive Candles: Define how many candles in a row are needed to draw a box (Default: 3).
Bullish Box Color: Set the fill color for boxes around bullish sequences.
Bearish Box Color: Set the fill color for boxes around bearish sequences.
Box Border Color: Set the color for the border of all boxes.
Potential Use Cases
Momentum Identification: Quickly spot periods of strong, uninterrupted buying or selling.
Exhaustion/Reversal Signals: Very long sequences might indicate potential exhaustion, setting up reversal opportunities.
Consolidation Breakouts: A box forming after a period of tight consolidation can highlight the range just before a potential breakout.
Confirmation: Use the boxes as confirmation for entries or exits based on momentum shifts.
Disclaimer: This indicator provides visual aids based on price action. It should not be used as a standalone trading system. Always use indicators in conjunction with your own analysis and risk management rules.
Trend Is My FriendThis Pine Script indicator, "Trend Is My Friend", displays the market trend across multiple timeframes using the 21-period Exponential Moving Average (EMA). It checks whether the price is above or below the EMA on the Daily, 4H, 1H, 15min, and 5min timeframes. The trend for each timeframe is shown in a color-coded table (green for bullish, red for bearish) at the top-right corner of the chart. It also plots the EMA on the main chart for quick visual reference, helping traders align their entries with the broader trend. By Dipendra
Market Trend Levels Detector [BigBeluga] + Alerts & Visuals
Combines Market Trend Levels Detector with visuals and alerts
Active Leverage System (ALS) |BASIC [AgJ]Active Leverage System (ALS) | Basic by SilverJROM
System for managing Leveraged Tokens
The ALS Indicator is specifically designed to systematically manage Leverage Tokens that combines price midpoint analysis with momentum and trend strength evaluations to spot where a TREND is forming. By leveraging adaptive calculations this indicator tries to filter out market noise to pin-point good place to DELEVERAGE your tokens and indicate as SLOWDOWN on trends as well.
🧩 Key Features
TREND (detection)
➣ Utilizing the computations mentioned above the indicator tries to spot where a trend is starting for form (green background) on the time series
DELEVERAGE (detection)
➣ Deleverage are good points on the trade to start reducing leverage as this is the point where the price momentum is starting to drop (blue background)
SLOWDOWN (detection)
➣ If you have already reduced leverage, slowdowns are good points to start DCA-out of your positions (yellow background)
🔵 Usage
LEVERAGE MANAGEMENT : when a trend is forming it can reinforce your decision to increase/start leverage trading
RISK MANAGEMENT : the indicator provides good points where to manage/reduce risks by indicating points where it would be a good idea to reduce leverage or reduce positions on the trade
Active Leverage System |Basic is a specific tool to help in managing leverage tokens. This is a basic (free) version, if you like this one and appreciate and would like to support my work, look-out for the PRO (by invite) version of this indicator.
Bitcoin Global Liquidity OverlayThis overlay shows the relationship between global liquidity and BTC. Future versions will project the data into the future.
Boosted Scalp Sniper🚀 Boosted Scalp Sniper | EMA, RSI & Volume Combination 🚀
An effective indicator designed for traders who want to execute fast and aggressive scalp trades!
Features:
EMA Cross (2 and 5 periods): Captures ultra-fast trend reversals using short-term EMA crossovers.
Dynamic RSI (7 period, 40-60 range): Confirms the strength and direction of momentum.
Volume Filter: Ensures more reliable trade signals by requiring volume to be above the 10-bar average.
How to Use:
A Buy (▲) signal indicates a potential short-term upward opportunity.
A Sell (▼) signal indicates a potential short-term downward opportunity.
You can test this indicator across different timeframes (1D, 1H, 15M, 5M, etc.) and optimize it to suit your trading style.
Important Notes:
This indicator provides visual entry signals only; apply your own risk management strategy.
Always use a stop-loss in your real trades to protect capital.
Good luck and happy trading! 📈
Oath KeeperOath Keeper - Advanced Money Flow & Volume Analysis
A powerful companion to the Head Hunter indicator, designed to confirm reversals and identify high-probability trading opportunities through money flow analysis.
🔍 Key Features:
• Money Flow Analysis with Dynamic Cloud
• Super Strong Reversal Signals (White Diamonds)
• Regular Momentum Signals
• Fakeout Detection
• Liquidation Level Analysis
• Volume-Based Confirmation
📊 How It Works:
The Oath Keeper analyzes money flow and volume patterns to:
1. Identify potential market reversals
2. Detect institutional order flow
3. Confirm Head Hunter signals
4. Spot potential fakeouts
5. Track liquidation events
🎯 Best Used With Head Hunter:
• Head Hunter spots market structure and vector candles
• Oath Keeper confirms through money flow and volume
• Combined signals provide stronger trade setups
⚙️ Default Settings (Optimized):
• Money Flow Length: 8
• Volume MA Length: 20
• Liquidation Threshold: 1.5
📈 Signal Types:
🔹 Green Circles: Regular bullish momentum
🔸 Purple Circles: Regular bearish momentum
💎 White Diamonds: Super strong reversal potential
❌ Red X: Fakeout warning/Liquidation event
🎓 How to Use:
1. Apply both Oath Keeper and Head Hunter to your chart
2. Look for confluence between indicators:
- Head Hunter vector candles + Oath Keeper white diamonds
- Head Hunter reversals + Oath Keeper money flow confirmation
- Volume spikes on both indicators
3. Use the cloud color for trend bias:
- Green cloud: Bullish flow
- Red cloud: Bearish flow
4. Monitor extremes (above 70, below 30) for reversal potential
5. Watch for fakeout signals to avoid false breakouts
⚠️ Best Practices:
• Use multiple timeframe analysis
• Wait for signal confirmation
• Consider market context
• Monitor volume confirmation
• Use proper position sizing
• Set clear stop losses
🔧 Recommended Timeframes:
• Primary: 5m, 15m, 1h
• Higher TF Confirmation: 4h, Daily
• Lower TF Entry: 1-3m
💡 Pro Tips:
• Strongest signals occur when both indicators align
• White diamonds + Head Hunter vectors = high probability setups
• Use the cloud for trend direction
• Monitor volume for confirmation
• Watch for divergences
⚠️ Risk Disclaimer:
This indicator is for educational purposes only. Past performance does not guarantee future results. Always use proper risk management and conduct your own analysis. Not financial advice.
Version: 2.0.5
#moneyflow #volume #orderflow #trading #technical #headhunter #liquidation
ADX Di+ Di- [Scalping Setup]This ADX Di+ Di- Scalping Indicator is designed for traders looking to make quick and informed decisions in short-term scalping strategies, specifically on lower time frames like 15-minute charts.
Key Features:
ADX (Average Directional Index): Helps identify the strength of the trend, ensuring you trade only when there is sufficient market momentum.
+DI and -DI: These directional indicators show the market’s trend direction. The +DI line represents bullish momentum, while the -DI line shows bearish momentum.
Scalping Setup:
The indicator provides strong buy and sell signals based on trend strength and direction.
Quick Trend Reversal Alerts: Alerts when the trend switches from bullish to bearish and vice versa.
The indicator uses shorter smoothing periods for quicker trend identification, making it more responsive to rapid market changes.
Color-Coded Trend Visualization:
Green: Indicates strong bullish momentum.
Red: Indicates strong bearish momentum.
Orange: Indicates neutral or weak momentum, avoiding choppy trades.
Entry and Exit Signals:
Enter long (buy) when the +DI line is above the -DI and ADX signals a strong trend.
Enter short (sell) when the -DI line is above the +DI and ADX signals a strong bearish trend.
Exit trades based on crossovers and trend exhaustion signals.
Optimized for Scalping: This indicator is optimized for scalping strategies on a 15-minute time frame, with settings that allow traders to capture quick price movements in strong trends. Adjusted smoothing and DI lengths ensure that signals are fast, responsive, and effective for short-term trades.
Alerts:
Get alerted when a trend reversal is imminent or when a strong trend is confirmed.
Alerts are triggered when a potential entry or exit occurs, allowing you to react quickly to market changes.
Best For:
Day Traders
Scalpers
Short-Term Traders
Suitable for stocks, forex, and futures markets.
Note: This indicator is designed for educational purposes. Use at your own risk. Always backtest strategies before applying them in live trading.
Daily Candle Background + EMA Cross & Retest Alert🟢🔴 Daily Candle Trend + EMA Cross & Retest Alerts (by TheSimpleTrader9001)
This multi-timeframe trend-following tool is designed for traders who like to keep it simple but smart.
🔍 What it does:
Colours your intraday chart background (15min, 30min, 1H, etc.) based on the current daily candle:
✅ Green daily candle = green background.
🔻 Red daily candle = red background.
Sends alerts when your intraday candles:
Cross above/below a user-defined EMA (default: 21 EMA),
And match the direction of the daily candle (e.g. green candle + daily green).
Includes optional alerts for EMA retests:
A candle wicks to or touches the EMA and matches the daily trend — a classic "buy the dip" or "sell the rally" setup.
🛠️ Features:
EMA length is fully customisable.
Option to trigger alerts on candle close only (or live mid-bar).
Toggle EMA retest alerts on or off.
Works on any intraday timeframe.
Clean background tint for quick visual confirmation of trend.
✅ Example Use-Cases:
Wait for a green background (bullish daily trend), then take 15-min EMA breakouts or pullback entries — only in that direction.
Avoid counter-trend traps and stick with momentum.
Use the retest alerts to catch entries after a breakout, often with tighter stops.
⚠️ Pro Tips:
Use alongside RSI, MACD, or price action for added confluence.
Best used on 15min or 30min charts during trending sessions.
Looks great on dark mode. (Yeah, we said it again.)
Built for traders who want clean, trend-based alerts without noise. If it helps your trading — drop a like or a comment, or send me coffee money in the form of gratitude 😄
FUTURE PREDICTThis script predicts future price movement by looking back on past 1000 bars of price action and predicting future price movement. Use this on 15 minute time frame and Buy/Sell when you see sharp upward, or downward prediction.
Scalping 15min: EMA + MACD + RSI + ATR-based SL/TP📈 Strategy: 15-Minute Scalping — EMA + MACD + RSI + ATR-based SL/TP
This scalping strategy is designed for 15-minute charts and combines trend-following and momentum confirmation with dynamic stop loss and take profit levels based on volatility.
🔧 Indicators Used:
EMA 50 — identifies the main trend
MACD Histogram — confirms momentum direction
RSI (14) — filters overbought/oversold conditions
ATR (14) — dynamically sets SL and TP based on market volatility
📊 Entry Conditions:
Long Entry:
Price is above EMA 50
MACD histogram is positive
RSI is above 50 but below 70
Short Entry:
Price is below EMA 50
MACD histogram is negative
RSI is below 50 but above 30
🛑 Risk Management:
Stop Loss: 1×ATR (user-configurable)
Take Profit: 2×ATR (user-configurable)
These values can be adjusted in the script inputs depending on your risk/reward preference or market conditions.
⚠️ Notes:
Strategy is optimized for scalping fast-moving pairs (e.g. crypto, forex).
Works best in trending markets.
Use backtesting and forward testing before live trading.
Blood IndicatorBlood Indicator
Weekly (FRED:TB3MS / FRED:BAMLH0A0HYM2) plotted against the 100 WK MA. If red be ready for a sell off. Use Confluence in price action to confirm trades.
MohammadBayazid techinique - (06-16-24)my TRADING PLAN.... everything start reading AMD and together with signal days.
6-Step Trade Setup [Bull/Bear]This indicator spots high-probability bullish breakouts (blue zones) and bearish breakdowns (red zones) using Fibonacci pullbacks, volume spikes, and momentum shifts. It automatically draws profit targets (green lines for longs, red for shorts) based on Fibonacci extensions and volatility. Includes real-time alerts and works on any market
3%TRADERS POWER TRENDLINEThe 3%TRADERS POWER TRENDLINE indicator is designed to help traders identify significant trendlines based on pivot points in price data. This indicator draws trendlines by connecting pivot highs and pivot lows, which can help traders visualize trends and potential reversal points in the market.
### Key Features:
- **Lookback Length Pivots:** Customize the lookback period for identifying pivot points.
- **Wicks or Real Bodies:** Choose whether to draw trendlines from wicks or real bodies of the candles.
- **Display Options:** Option to display only falling 'high' and rising 'low' trendlines.
- **Monochrome Lines:** Option to draw trendlines in monochrome or direction-colored lines.
- **Limit Line Extensions:** Set limits for the extensions of the trendlines.
- **Alerts:** Option to enable alerts for trendline breaks.
- **Limit Number of Trendlines:** Limit the number of trendlines displayed on the chart.
- **Log Chart:** Special settings for log scale charts.
## How to Use
1. **Add the Indicator:**
- Open your TradingView chart.
- Click on the "Indicators" button at the top.
- Search for "3%TRADERS TRENDLINE" and add it to your chart.
2. **Configure Input Settings:**
- **Lookback Length Pivots:** Adjust the lookback period to control how far back the indicator looks for pivot points.
- **Wicks or Real Bodies:** Check this option to draw trendlines from the wicks of candles, or uncheck to draw from the real bodies.
- **Display Options:** Choose whether to display only falling 'high' and rising 'low' trendlines.
- **Monochrome Lines:** Check this option to draw all trendlines in a single color, or uncheck to use different colors for rising and falling trendlines.
- **Limit Line Extensions:** Set a limit for how far the trendlines can extend. A value of 0 means infinite extension.
- **Alerts:** Enable this option to receive alerts when trendlines are broken.
- **Limit Number of Trendlines:** Check this option to limit the number of trendlines shown on the chart.
- **Number of Trendlines:** Set the maximum number of trendlines to display if the above option is checked.
- **Log Chart:** Check this option if you are using a logarithmic scale chart.
3. **Interpret the Trendlines:**
- The indicator will draw trendlines connecting pivot highs and pivot lows based on your configuration.
- Rising trendlines are typically drawn in green (or a single color if monochrome is enabled).
- Falling trendlines are typically drawn in red (or a single color if monochrome is enabled).
4. **Monitor for Alerts:**
- If alerts are enabled, the indicator will notify you of trendline breaks, which can signal potential trend reversals or breakout opportunities.
## Example Usage:
- Use the indicator to identify key support and resistance levels based on trendlines.
- Combine with other technical analysis tools to confirm trend reversals or continuation patterns.
- Adjust the lookback length and other settings to fit your trading strategy and the specific asset you are analyzing.
The 3%TRADERS TRENDLINE indicator is a powerful tool for visualizing trends and making informed trading decisions based on key price levels.
Pivot Clouds [SS]Hey everyone,
Whopper indicator here that I have been working on for some time, excited to finally release it! So let's get into it!
☁️☁️ What are Pivot Clouds?! ☁️☁️
The concept for pivot clouds came from trailing and erroring different iterations of support and resistance (which ultimately led to the creation of the BIN Based Support and Resistance indicator).
In the design and creation of my BIN support and resistance indicator, I initially tried to do something similar with pivot points. However, I found pivots to be relatively ineffective as support and resistance, especially in very trendy markets, and the BIN approach reigned supreme. However, not wanting to abandon the utility of pivots, I tried something different, creating a pivot based SMA.
This proved most useful and very helpful for determining directions, rejections and trends! From there, came this indicator, the Pivot Clouds. This is currently iteration 32 haha, which will be the final iteration for the time being and most functional.
The pivot cloud indicator works by smoothing pivot highs and pivot lows over the course of your inputted length. My general suggestion is to keep it between 150 to 250. Going to low will make it incredibly choppy. Using 200 seems to be the sweet spot for most tickers.
Over the course of the pivot lookback, it collects all pivot highs and pivot lows, then averages them out to create 2 separate SMAs, those being an SMA for the pivot high and an SMA for the pivot low. Together, these create the cloud you see in the main chart.
In addition to creating this cloud, the indicator marks and tracks pivot maxes to both the upside and downside and will draw cloud support on a fall below the main cloud and cloud resistance on a rise above the main cloud, as exampled here:
Above:
And Below:
These clouds represent the average of the pivot high/pivot low and extend to the max or min (high or low depending on position on the main cloud).
💡 Alternative Abilities 💡
Resulting from the sometimes inadequacy of pivots to determine targets and resistance/support, the indicator is capable of pulling in ATR target prices. This allows the user to either use both, pivot max/min clouds AND ATR targets, or simply one or the other.
The ATR targets can be customized in the indicator settings, with a default of daily timeframe targets on a 14 ATR lookback.
Here are some examples of how the ATR targets look:
And to the upside:
📈 Standalone Strategy 📈
This indicator can be used as a standalone strategy, or to complement other strategies. I will go over both briefly, starting with standalone strategy:
Select your target preference (ATR, Pivot Maxes and Mins or both)
Long on a break and hold over the main cloud to the targets; or
Shrot on a break below the main cloud to the targets.
That simple!
🎯Supplemental to existing Strategy 🎯
This indicator for me is gold for my strategy, which involves longing or shorting to calculated target prices.
You essentially follow the above, only your targets are determined by your strategy. So for me, I look for a rejection or hold of the cloud, to long or short to my targets:
💰Customizing the Indicator 💰
Let's quickly go over these options:
Smooth length: Creates a smooth cloud. Suggested limits are 150 - 250
Lookback Length: This determines the length of lookback for the indicator to store historical pivot information and create the clouds.
Pivot Lookforward/backward: Allows the user to select custom pivot timeframes. The traditional rule is 10, but 5 sometimes is preferred on larger timeframes.
Show Pivot Max and Min: These enables the pivot max and min cloud for a crossover or crossunder of the main cloud.
ATR timeframe: determines the ATR target price levels to look for. You can toggle weekly, daily, hourly, whichever you prefer.
ATR Length: Allows you to customize the lookback for determining the ATR targets.
USE ATR targets: This will turn on / off the ATR targets, if you wish to use/not use these reference points with the indicator, same as with the pivot max and min cloud toggle.
And that's the indicator, folks!
Hope you like it,
Take care and safe trades!🚀
Trading Value (in Million) by AsharifanThis indicator highlights the value of trading rather than just volume. It calculates today’s trading value (today’s volume × today’s closing price) and allows you to compare it with the 20-day and 50-day average trading values. This tool helps you assess liquidity and filter stocks that align with your swing trading strategy.
Trading Value (in Million) by AsharifanThis indicator highlights the value of trading rather than just volume. It calculates today’s trading value (today’s volume × today’s closing price) and allows you to compare it with the 20-day and 50-day average trading values. This tool helps you assess liquidity and filter stocks that align with your swing trading strategy.
Trading Value (in Million) by AsharifanThis indicator highlights the value of trading rather than just volume. It calculates today’s trading value (today’s volume × today’s closing price) and allows you to compare it with the 20-day and 50-day average trading values. This tool helps you assess liquidity and filter stocks that align with your swing trading strategy.