🔵 Introduction "Smart money" is money invested by knowledgeable individuals at the right time, and this investment can yield the highest returns. The concept we focus on in this indicator is whether the market is in an uptrend or downtrend. The market briefly takes a weak and reversal trend with "Minor BoS" without being able to break the major pivot. In the...
The Historical Price Projection tool aims to project future price behavior based on historical price behavior plus a user defined growth factor. The main feature of this tool is to plot a future price forecast with a surrounding area that exactly matches the price behavior of the selected period, with or without added drift. Other features of the tool...
This indicator mirrors TradingView's bar replay feature to a certain extent, offering traders a streamlined way to analyze past market movements. It's a practical tool for strategy testing, pattern recognition, and refining trading approaches. While it may have some limitations, it offers a practical solution for strategy testing and refining trading approaches...
Relative Volume take the volume at a given time of day and compares it to the average volume at that time of day. You can either use the current volume or the cumulative volume in this analysis. You have the option to either see the average and the current volume or a comparative view where you see the percent difference between now and the average. My...
Key Levels Set allows to set key levels as comma separated values, and to detect breaks to the downside and/or upside, taking into account potential gaps between bars. This indicator can be very handy if you, like me, rely on some key levels that you identified as potential support/resistance from some technical analysis. Features + It allows for key levels...
🔵 Introduction In "Price Action," an "Order Block" is essentially an area on the price chart where significant players such as institutional traders have executed their moves by placing noteworthy orders. These points often indicate areas where price either attempts to break through (resistance) or returns when it reaches there (support). Therefore, when...
This indicator automatically draws Fibonacci levels based on your selected timeframe: Monday, Monthly, or Quarterly. For instance, if you choose Monday, it plots Fibonacci levels (0, 0.25, 0.5, 0.75, 1) based on that day's candle. You can also opt to display titles on the top right of each line for clarity. Additionally, it offers the feature to show a dashed...
It creates a price zone for TP 3 Level, increasing from the price by 500 points and setting an SL zone of 500 points of the price. You must enter the price range yourself, recommended to be 500 points apart. 1. select Type Bay And Sell 2. Input Price Start And End suitable for gold Made to help with hitting the price zone. For use in making decisions about trading.
Introduction: The "OPEN=HIGH/LOW Labels" script is designed to visually indicate instances where the opening price is equal to the high or low price of the candle. It overlays labels on the chart to highlight these conditions, providing traders with additional insights into price action. Key Features: Customizable Inputs: Traders can adjust parameters such as...
"NCI Trading Plan Direction" is a trading plan for traders who wants to keep track their overview of market direction across multiple timeframes and assets. REMINDER: THIS IS NOT AN AUTOMATION. You need to analyse yourself and then change the buy or sell on the table for your own monitor. Features: 1. Multi-Timeframe Monitor: Easily monitor the directional...
What we have Condition met 1 --> It means we have more than 20% move in last 5 Days we have Lookback Period of 504 days that means 2 years data it will analyze The first blue label means --> We have a move of 20% or more in last fast days --It is very helpful who want to create a idea chart book for them to study all 20% moves --Like what happened on the...
Naive aproach of Dynamic Detection of Dealing Ranges: The script dynamically identifies dealing ranges based on sequences of upward or downward price movements. It uses arrays to track the highest highs and lowest lows after detecting two consecutive up or down bars, a fundamental step towards understanding market structure and potential shifts in...
The Statistics • Chi Square • P-value • Significance publication aims to provide a tool for combining different conditions and checking whether the outcome is significant using the Chi-Square Test and P-value. 🔶 USAGE The basic principle is to compare two or more groups and check the results of a query test, such as asking men and women whether they want to...
Hi everyone, this will be my first published script on Tradingview, maybe more to come. For quite some time I have been looking for a script that performs no matter if price goes up or down or sideways. I believe this strategy comes pretty close to that. Although nowhere near the so called "buy&hold equity" of BTC, it has produced consistent profits even when...
🔵 Introduction "3 inside up" and "3 inside down" denote a duo of candlestick reversal patterns, each comprising three individual candles, commonly observed on candlestick charts. These patterns manifest as a sequence of three candles, signaling a potential loss of momentum in the current trend and a potential reversal in direction. This pattern consists of 3...
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...
Developed by Jayce in June 2022 and later updated by Light in January 2024. Key Features: Customizable Watermark: Enhance your chart with a personalized watermark. Enter any text, like your trading mantra or brand name, to keep your focus aligned with your trading strategy. Adjustable Font Size: Tailor the appearance of your watermark and notes with...
This script contains excerpts of stoic statements to help in any life situation. Hover over the title of one of the statements to get the saying. Keep your head while trading ! Epictetus' Enchiridion is a great work written in 50 B.C. Containing the eidos of Stoic philosophy, or a brief guide to moral living, it will help you keep a clear mind and calm while trading.