Heyo Fellas, thanks for checking out my new indicator. Introduction Wick % is a simple indicator to compare wick size with body size (mode 1) and to compare wick size with candle size (mode 2). Upper wicks are bullish when close is higher than open pricen. Lower wicks are bearish when close is lower than open price. Wick Theory In general, big wick and...
This a trend following indicator using simple moving averages and price close,high and low of recent candles to plot a buy or sell signal. IMPORTANT - this indicator does not repaint.Traders need to wait untill the the closing of the candle though as the signal is dependant of the close of the period. Buy Signal: Price closes above the 20, 50, and 200 simple...
Draws thick vertical lines behind candles or bars so it looks like the wicks are thick. The thickness is adjustable and so are the color for up bars vs down bars.
Opening Range Lines Indicator The Opening Range Lines indicator, abbreviated as "OR Lines," is a tool designed to visualize the price range established during the initial moments of a trading session. It helps traders identify significant levels of support and resistance based on the price action during the opening minutes of the session. Features: Customizable...
Ninja Trend V2 is best for swing, day trading and scalping using higher timeframe bias and executing in the lower timeframes. Uses MACD for the overall bias and paints a Heikin-Ashi chart. Settings: Firstly, go to chart settings, check (tick) the body, uncheck borders and wicks. Secondly, go to the script settings and input the following; Source ...
TradeGPT Fair Value Gaps: You would need to define what constitutes a fair value gap for the asset you're trading. This could involve a comparison between the current price and a moving average or a value area derived from volume profile data. Price Action: This could include patterns like breakouts, candlestick formations, or support and resistance levels. You...
The Gradient Candles indicator is crafted to be a comprehensive replacement for default candlesticks, offering users an enhanced and visually stunning alternative. To experience the intended results and fully immerse in the distinctive features of Gradient Candles, it's recommended to hide the default candlesticks. This ensures that traders can fully appreciate...
🔵 Introduction The candlestick engulfing pattern is important pattern in technical analysis that can be observed in candlestick charts. This pattern occurs when a complete candle engulfs or "engulfs" the body of a previous candle, meaning that the body of the new candle completely covers the body of the previous candle. The candlestick engulfing pattern has two...
This script is a custom indicator that incorporates various technical analysis features like Support & Resistance, RSI, Bollinger Bands, and custom candlestick colors. Here's how to use: This Indicator helps you to Identify trend of a Particular Script If you see Green Candle formations above the Central Bollinger Band line then you can go long into the trade...
The "Bullish Candlestick Patterns With Filters" is a trading indicator that identifies 6 core bullish candlestick patterns. This is further enhanced by applying channel indicator as filters, designed to further increase the accuracy of the recognized patterns. 6 CANDLESTICK PATTERNS Hammer Inverted Hammer Bullish Engulfing The Piercing Line The...
Introducing the Fair Value Gaps (FVG) Indicator by OmegaTools, a distinctive and analytical tool designed for TradingView. This script meticulously identifies and visualizes fair value gaps within the market, offering traders a nuanced understanding of potential price movement areas that are not immediately apparent through traditional analysis. Concept and...
A user-friendly tool designed for a quick visual preview of the next 5 candles on your trading chart. Here's how to use it effortlessly: Set Open Prices: Adjust the open prices for the upcoming 5 candles using the inputs labeled Next close #1 to Next close #5. Toggle Candles: Use the checkboxes (p1 to p5) to enable or disable the drawing of each corresponding...
This is an indicator index based on cumulative market value of the Magnificent 7 (AAPL, MSFT, NVDA, TSLA, META, AMZN, GOOG). Such an indicator for the famous Mag 7, against which your main security can be benchmarked, was missing from the TradingView user library. The index bar values are calculated by taking the weighted average of the 7 stocks, relative to...
The Squeeze Momentum Indicator (SMI) is designed to identify periods of low volatility, known as squeezes, followed by high momentum moves. It consists of three main components: the basis line, upper band, and lower band. During a squeeze, the price typically consolidates within a narrow range, causing the bands to converge. When the price breaks out of this...
it's only vwap without any additional lines or any other indicators, for those who need only this thing
Title: "Red to Green Transition with Alert" Indicator Abstract: I am excited to introduce the "Red to Green Transition with Alert" indicator, a revolutionary tool designed to detect when a candle shifts from red to green with a specified percentage change. In this document, I'll walk you through how the indicator functions, its potential applications, and why...
Этот индикатор "Fibonacci Entry Signals" помогает определить точки входа в покупку и продажу на основе уровней Фибоначчи и скользящей средней. Ключевые особенности: Уровни Фибоначчи: Индикатор рисует на графике несколько уровней Фибоначчи, таких как 38.2%, 50% и 61.8%. Эти уровни определяются на основе крайних точек цены за последние 100 баров. Уровень 0%...
The "Dump Candle" indicator is a tool designed to help traders visualise potential "dump" candles on a altcoin's price chart. A dump candle is a transparent candle with pink outline and it shows where the price experiences a significant drop from its high to its close, indicating a potential sell-off or market weakness. These are usually caused by relatively...