Library "PubLibPattern" pattern conditions for indicator and strategy development bear_5_0(ab_low_tol, ab_up_tol, bc_low_tol, bc_up_tol, cd_low_tol, cd_up_tol) bearish 5-0 harmonic pattern condition Parameters: ab_low_tol (float) ab_up_tol (float) bc_low_tol (float) bc_up_tol (float) cd_low_tol (float) cd_up_tol (float)...
Kombinacija AsianRange, KillZones, RSI Bars, and Supertrend Strategy
Library "PubLibTrend" trend, multi-part trend, double trend and multi-part double trend conditions for indicator and strategy development rlut() return line uptrend condition Returns: bool dt() downtrend condition Returns: bool ut() uptrend condition Returns: bool rldt() return line downtrend condition Returns: bool dtop()...
Library "PubLibSwing" swing high and swing low conditions, prices, bar indices and range ratios for indicator and strategy development sh() swing high condition Returns: bool sl() swing low condition Returns: bool shbi(occ) swing high bar index, condition occurrence n Parameters: occ (simple int) Returns: int slbi(occ) swing...
Library "PubLibCandleTrend" candle trend, multi-part candle trend, multi-part green/red candle trend, double candle trend and multi-part double candle trend conditions for indicator and strategy development chh() candle higher high condition Returns: bool chl() candle higher low condition Returns: bool clh() candle lower high...
The Boost Candle Trading Indicator is designed to identify significant price movements by calculating the average candle size for the same direction candles (green for bullish and red for bearish) over a specified number of periods. It then highlights candles that exceed a predefined multiple of this average size, indicating potential strong buying or selling...
Library "InsertionSort" Library of sorting algorithm for binary insertion sort and related methods method binary_insertion_sort(sortedArray, item, order) binary insertion sort - inserts item into sorted array while maintaining sort order Namespace types: array Parameters: sortedArray (array) : array which is assumed to be sorted in the requested...
Type A Candle: This candle is labeled "A" if its high price is higher than the high price of the previous candle, and its low price is also higher than the low price of the previous candle. In simpler terms, the entire candle (both the top and bottom) is above the previous candle. Type B Candle: This candle is labeled "B" if its high price is lower than the high...
The "Market Structure Break Targets " indicator is designed to identify and visualize key market structure points such as Market Structure Breaks (MSBs) and Break of Structures (BoS). These points are crucial for understanding market trends and potential reversal zones. By plotting these structures on the chart, traders can easily spot significant support and...
Description: The Bullish Breakout After Consolidation Indicator is designed to help traders identify potential bullish breakout opportunities following a period of tight price consolidation. This indicator combines price action and volume analysis to signal when a stock may experience a significant upward movement. Features: Consolidation Range Tightness: The...
I Entropy Volatility Index (EVI) II An Experimental Script for Measuring Market Volatility III Introduction The Entropy Volatility Index (EVI) is an experimental indicator based on concepts from thermodynamics and information theory. The goal of the EVI is to quantify market uncertainty and volatility by calculating the entropy of price changes. IV Basic...
Squid Channel is a technical indicator designed to identify trading opportunities in financial markets. This indicator combines multiple weighted moving averages (WMA) and Bollinger Bands to help traders recognize market trends and price fluctuations. Indicator Purpose The primary purpose of the Squid Channel indicator is to identify potential trading...
Momentum with ATR and Volatility Description in English: This indicator combines price momentum with market volatility to identify entry and exit points in trades. It utilizes the difference in closing prices (momentum) and the Average True Range (ATR) to measure volatility. Buy and sell signals are generated based on the combination of these two...
Moving Average Confluence Description in English: This indicator uses multiple moving averages (SMA, EMA, WMA) with different periods to identify confluence points that can indicate support or resistance zones. Detailed Explanation: Configuration: SMA Length: This input defines the period for the Simple Moving Average (SMA). The default value is 50. EMA...
Trend Strength with Volatility and Volume Description in English: This indicator combines market volatility and trading volume to measure the current trend strength. It helps identify when the trend is gaining or losing momentum. Detailed Explanation: Configuration: Length: This input defines the period over which the moving average is calculated. The default...
Description: The Volume Insight Analyzer is an advanced Pine Script designed for traders who want a comprehensive view of volume dynamics on their charts. This script combines multiple volume-based indicators to help identify key trading opportunities, including significant volume days, volume dry-ups, and pocket pivots. Key Features: VDU (Volume Dry-Up)...
Position Size Calculator Instructions Overview The Position Size Calculator is designed to help traders automatically determine the appropriate lot size based on the dollar amount they are willing to risk. It includes features for automatic lot sizing, fixed lot risk calculations, take profit calculations (both automatic and fixed), max run-up, and max...
Inducement refers to a market manipulation tactic where large institutions or "smart money" create price movements that induce or lure retail traders into taking positions that are ultimately unfavorable. This concept is based on the idea that the market is moved by institutional traders who have the power and capital to manipulate prices to their...