This tool, known as Precision Strike Entry (PSE) , automatically generates Fibonacci Retracement Levels on any chart. More specifically, it scans for continuation and reversal trades based on two inputs and provides exact entry, exit ( Stop Loss ), and Take Profit levels. Precision Strike Entry can be used for both Crypto and Forex markets. A crucial aspect...
Japanese candlestick patterns are a powerful tool in technical analysis, offering traders and investors a detailed view of price action and market sentiment. 1. Spinning Top Description: The Spinning Top has a small candle body with long upper and lower shadows. This indicates that both buyers and sellers were active during the period, but neither took...
Introducing Our Advanced SMC Indicator: Elevate Your Smart Money Concept Trading We are excited to present our innovative indicator designed specifically for the Smart Money Concept (SMC) strategy. Our approach goes beyond the traditional SMC strategy, bringing significant enhancements to help you achieve better trading results. We employ a more sophisticated...
"M Farm Scalper v2" Trading Indicator on TradingView Overview This script uses a combination of indicators to help attempt the best view of when to exit and enter markets. The author has seen that usage of multiple indicators combined provided value and create profit. 1. Improved Signal Reliability Combining swing highs and lows with Swing Failure Patterns...
Supply and Demand Trade Analyzer Automatic Zone Identification • Identifies high quality supply and demand zones on multiple timeframes • Shows the prices for each zone so the user may easily identify actionable prices to buy or sell • Once a zone is no longer valid, it is automatically removed from the chart to keep the workspace clean. • Includes all 4 zone...
This indicator was created for Far Beyond Trading members to assist in the drawing and creation of Ranges, Breakouts and Fakeouts. You can change the "Length" which will take into consideration how many candles it takes to create a range. The lower the amount the less candles required to create a valid range, and not just become a 'pause'. You can change the...
This new script came to me one night all of a sudden and it seems to be common knowledge for how good it works. The script utilizes linear regression to determine trendlines and channels, identifying instances where closing prices closely align with the regression line. When a significant number of closing prices fall within proximity to the regression line,...
The Enhanced Volume Profile analyzes volume by price to find potential inflection points that we can reference in future price action. The volume profiles altogether are simply an estimation from price/volume data that TradingView is capable of providing. Below is an example of 1 day volume profiles. The left chart uses 50 rows for each profile, while the right...
🎲 Presenting the Diverging Chart Patterns Ultimate Indicator Much like its counterpart, the Converging Chart Patterns Ultimate indicator, this tool is an offshoot of our premium Auto Chart Patterns - Ultimate offering. However, it is exclusively designed to focus on diverging patterns. 🎲 Built on Extensive Research and Open-Source Foundations Our journey...
Hello Traders! The Consolidation & Head and Shoulders Scanner utilizes a unique swing-based pattern recognition to pinpoint consolidation and (inverse) head and shoulders patterns in real-time with unparalleled precision. The rectangle pattern, also known as a trading range or a consolidation pattern, is characterized by horizontal lines that act as support...
Input Parameters The script has three input parameters: · length: an integer input with a default value of 20, likely used for calculating moving averages or other indicators. · zoneSize: a decimal input with a default value of 1.5, likely used to define the size of the "holding zone". · entryZone: an integer input with a default value of 50, likely used to...
Hello Traders! The Head and Shoulders Pattern indicator utilizes a unique swing-based pattern recognition to pinpoint head and shoulders patterns in real-time with unparalleled precision. The head and shoulders chart pattern is a technical analysis pattern used to identify potential trend reversals in financial markets. It consists of three swing highs...
ENGLISH DESCRIPTION: The "BOT SILVER BULLET 2024" indicator is a technical analysis tool tailored for active traders on the TradingView platform, combining market pattern study with quantitative trading intelligence. This sophisticated indicator overlays directly on the price chart and is designed to pinpoint and visualize critical liquidity zones, providing...
Hello Traders! This indicator takes the time-consuming search for harmonic patterns completely off your hands. TRN Harmonics utilizes a unique swing-based pattern recognition to pinpoint 14 different harmonic patterns in real-time with unparalleled precision. Pattern List (each pattern has a bullish and a bearish version) Gartley Bat Butterfly Crab ...
This indicator displays transitions of candles from red to green and from green to red on a chart, with the ability to set an adjustable percentage threshold. When a candle transitions from red to green and the percentage change exceeds the specified threshold, a red to green transition signal is issued. Similarly, when a candle transitions from green to red and...
This script implements an Improved CUSUM (Cumulative Sum) Peaks & Troughs with Drift indicator. Here's a breakdown of how it works: Input Parameters: cusumThreshold: Threshold value for detecting peaks and troughs. cusumDrift: Drift value used to adjust the CUSUM calculation. movingAverageLength: Length of the moving average used as a...
Hello Traders! The TRN Consolidation and Range Pattern indicator utilizes a unique swing-based pattern recognition to pinpoint consolidation zones in real-time with unparalleled precision. The rectangle pattern, also known as a trading range or a consolidation pattern, is characterized by horizontal lines that act as support and resistance levels, creating a...
Inside Bar Detection: The function isInsideBar() checks if a bar is an inside bar, meaning its high is lower than the previous bar's high and its low is higher than the previous bar's low. Inside bars are highlighted with an orange color. Bearish Candlestick Patterns: Bearish Engulfing: When the current candlestick's body completely engulfs...