The code provided is a TradingView Pine Script that creates a combined indicator consisting of two separate components:
Indicator 1: Plot Lines with VWAP
This component plots lines on the chart using two different colors and widths.
It uses a custom function f_newLine to create a new line object with a specified color and width.
It uses another custom function...
Congestions are formations in which a series of candlesticks opens and closes within the lows and highs of the candlestick that generated the congestion.
To be considered as such, congestion must have the main candle and at least three following candles with the body contained in the range.
Congestion is considered closed when a candle closes outside the...
Often we need to see HA candles along with the regular candles, to stay longer in the momentum trades.
Also the replay feature does not work on HA candles.
This indicator does two things -
1) Prints a configurable number of HA candles on the chart. You can specify where they get printed by specifying a percentage.
2) Shows a green line when a Solid Red candle...
This indicator provides 10+ features all-in-one. Focusing on price action and Smart Money concepts, we have provided automated multi-timeframe features such as Market Structure(BOS / CHoCH) to identify trends, Fair Value Gaps to identify Imbalances, and much more.
Pure price action analysis is a preferred strategy over indicators due to their lag and noise. Many...
The purpose of this indicator is to allow the user to build their own model. Each feature works cohesively together and depending on the filters you enable, the model gives less and more specific entries. This benefits the trader because they have complete control over the kinds of trades they want to take, while maintaining its automatic form.
We want to be as...
显示当前品种与BTC汇率对的RSI值
以此判断强势或弱势品种以及超买超卖
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Display the RSI value of the exchange rate between the current variety and BTC
Use this to determine strong or weak varieties, as well as overbought and oversold
The name RAM originated because of three popular technical indicators Relative Strength Index (RSI), Average True Range (ATR), and Moving average convergence/divergence were used all together to create three conditions individually first and once all three conditions meet at once then we considered a potential opportunity either for buy or sell and produce...
This will help you find reversal point pinpoint to its candle actually crossed the lowest or highest in the overbought and oversold zone (stochastic 9,3,3)
Various input parameters are defined . These inputs allow the user to customize the lookback period which is the number of candle before the low or high, Stochastic length.
User can also define their own high...
The Daily Factor Indicator was created by Andrea Unger (Stocks and Commodities Jun 2023 pgs 26-31), and this is a new volatility indicator that compares the body, which is the absolute difference between the previous open and previous close, and the range which is the difference between the previous high and previous low. The indicator is calculated by dividing...
The "Candle Pattern Probability" indicator is a technical analysis tool designed specifically for traders who want to assess the probability of success for different candlestick patterns in the financial markets.
Japanese candlesticks, also known as candlesticks, provide valuable information about price action within a specific time period. These candlestick...
"Top and bottom Hunter" indicator combines two popular technical analysis tools, Fibonacci retracement levels and the Relative Strength Index (RSI), to identify potential trading opportunities in the market.
Fibonacci retracement levels are based on the Fibonacci sequence, a mathematical series where each number is the sum of the two preceding ones. In trading,...
LNL Scalper Arrows
The indicator consist of various different types of candlestick patterns that are truly time tested by multiple veteran traders. These arrows are a combination of short-term scalping strategies taught by Linda Raschke & a trader that goes by name Quant Trade Edge. These strategies/patterns occur regularly within the markets. They offer high...
If you have any question regarding this indicator, feel free to get in touch with us.
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📈 Overview
"BitAlgo Signals HA" aims to give Long and Short signals at the most opportune time to get the earliest market entries. To do...
The "Inside Day Probability" indicator is a tool developed for market analysis on the TradingView platform. Its main objective is to calculate the probability of success of a pattern known as "Inside Day" (Día Interior in Spanish).
An Inside Day occurs when the price range (difference between the high and low) of a candle is completely contained within the price...
This is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules:
1. If RSI(2) is less than 15, then enter at the close.
2. Exit on close if today’s close is higher than yesterday’s high.
If you backtest it on Mini Futures SP500 you will be able to track data from 1993. It is...
This is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules:
1. If today’s close is below yesterday’s five-day low, go long at the close.
2. Sell at the close when the two-day RSI closes above 50.
3. There is a time stop of five days if the sell criterium is not...
This is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules:
1. Today is Monday.
2. The close must be lower than the close on Friday.
3. The IBS must be below 0.5.
4. If 1-3 are true, then enter at the close.
5. Sell 5 trading days later (at the close).
If you backtest it on...
Significant Candles is a script that visualises candles of signifant strength or weakness.
Red Candles
These are very bearish and weak candles. Also known as distribution candles, where volume is high above average, and the candle closes near its lows.
* Very High Volume.
* Weak Close.
Green Candles
These are very bullish and strong candles. Also known as...
![AAPL: Daily Factor Indicator [CC]](https://s3.tradingview.com/r/roCukmkh_mid.png "Daily Factor Indicator [CC]")
