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Trendoscope Wizard

🎲 Introducing the RSI-Divergence Goggle 🎯 Revolutionizing Divergence Analysis in Trading While the concept of divergence plays a crucial role in technical analysis, existing indicators in the community library have faced limitations, particularly in simultaneously displaying divergence lines on both price and oscillator graphs. This challenge stems from the...

Trendoscope Wizard

🎲 New Divergence Indicator by Trendoscope Our latest Divergence Indicator revolutionizes the way traders identify market trends and potential reversals. Built upon the robust foundation of the Zigzag Trend Divergence Detector and inline with our recent implementation of the Divergence Goggles indicator, this tool is designed to be intuitive yet powerful,...

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The Oscillator Volume Profile indicator is designed to construct a volume profile based on predefined oscillator levels. It integrates volume data with oscillator readings to offer a unique perspective on market dynamics. 🎲 Selectable Oscillators: Users can select from an array of oscillator options for the basis of the volume profile, including: Relative...

Trendoscope Wizard

The Volume Spike Analysis is designed to detect volume spikes in a trading instrument's data. Rather than relying on the traditional method of comparing volume to its moving average, this indicator employs a distinctive approach to ensure accuracy. Methodology Historical Volume Comparison: The indicator first assesses the current bar's volume, say 100k,...

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There are several implementations of ABC pattern in tradingview and pine script. However, we have made this indicator to provide users additional quantifiable information along with flexibility to experiment and develop their own strategy based on the patterns. 🎲 Highlights of this indicator over other ABC implementations are: Implementation is based on...

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Do you believe in patterns and think price movements are more likely to follow historical patterns? If yes, this is an indicator for you. 🎲 Concept The patterns in this script are not a named or known pattern. But, it can be any pattern that happen to repeat again and again over a period of time. The indicator collects the following information over a period...

Trendoscope Wizard

"Trendoscope" was born from our trading journey, where we first delved into the world of trend-following methods. Over time, we discovered the captivating allure of pattern analysis and the exciting challenges it presented, drawing us into exploring new horizons. However, our dedication to trend-following methodologies remains steadfast and continues to be an...

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At Trendoscope, we take pride in offering a wide range of indicators on Harmonic Patterns, including both free and premium options. While we have successfully developed various advanced tools, we recognize that creating a Harmonic Pattern screener is an audacious endeavor that few have ventured into. Creating a harmonic pattern screener presents a formidable...

Trendoscope Wizard

🎲 Volume Forks - Advanced Price Analysis with Recursive Auto-Pitchfork and Angled Volume Profile The Volume Forks Indicator is a comprehensive research tool that combines two innovative techniques, Recursive Auto-Pitchfork and Angled Volume Profile . This indicator provides traders with valuable insights into price dynamics by integrating accurate pitchfork...

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🎲 Overview Zigzag is basic building block for any pattern recognition algorithm. This indicator is a research-oriented tool that combines the concepts of Micro Zigzag and Recursive Zigzag to facilitate a comprehensive analysis of price patterns. This indicator focuses on deriving zigzag on multiple levels in more efficient and enhanced manner in order to support...

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🎲 Introducing Consolidation Range Tracker: Visualising Price Consolidation after Impulsive Moves ConsolidationRangeTracker is an innovative indicator designed to assist traders in identifying and tracking price consolidation zones following impulsive market moves. This indicator is built on Auto Motive Wave indicator and Interactive Motive Wave indicator....

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Earlier we created an interactive script to study Motive Waves by manually selecting the wave patterns on the chart. You can find the open source script here: In this indicator, we will try to do it automatically. Hence, you don't need to draw the waves manually to check anymore. The indicator will do it for you. 🎲 Conditions for Motive Wave Rules for Motive...

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Here is an interactive tool that can be used for learning a bit about Elliott Waves 🎲 How it works? The script upon load asks users to enter 6 pivots in an order. Once all 6 pivots are selected on the interactive chart, the script will calculate if the structure is a valid motive wave. When you load the script, you will see a prompt on the chart to select points...

Trendoscope Wizard

Library "cphelper" ACPU helper library - for private use. Not so meaningful for others. calculate_rr(targetArray, rrArray, breakevenOnTarget1)   calculates risk reward for given targets   Parameters:      targetArray (float ) : array of targets      rrArray (float ) : array of risk reward      breakevenOnTarget1 (simple bool) : option to breakeven   Returns:...

Trendoscope Wizard

Here is the strategy version of the indicator - Master Supertrend Options and variations are same throughout. 🎲 Variations Following variations are provided in the form of settings. 🎯 Range Type Instead of ATR, different types of ranges can be used for stop calculation. Here is the complete list used in the script. Plus/Minus Range* - Calculates plus...

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Are you a fan of supertrend? Me too!! Here is a supertrend indicator which provides multiple variation options to chose from. 🎲 Introduction Supertrend is a popular technical indicator used by traders to identify potential trend reversals and determine entry and exit points in financial markets. It is a trend-following indicator that combines price and...

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Caution: This algorithm is very heavy and bound to cause timeouts. If that happens, there are few settings you can change to reduce the load. (Will explain them in the description below) 🎲 Recursive Reversal Chart Patterns Indicator Welcome to another exploration of Zigzag and Pattern ecosystem components. Previously we derived Pitchfork and Recursive Zigzag...

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Library "ReversalChartPatternLibrary" User Defined Types and Methods for reversal chart patterns - Double Top, Double Bottom, Triple Top, Triple Bottom, Cup and Handle, Inverted Cup and Handle, Head and Shoulders, Inverse Head and Shoulders method delete(this)   Deletes the drawing components of ReversalChartPatternDrawing object   Namespace types:...