example: if you want to find the stronger/weaker pair between eurusd and gbpusd, what you can do is check the eurgbp charts. if eurgbp is bullish, that means, that longs longs on eurusd are better than on gbpusd. Unfortunately, there is no such thing to compare for example usoil with ukoil, or us100 with us500. That's where this indicator comes in handy. You can...
TRADINGVIEW IMAGE IS NOT DISPLAYING THE TOOL CORRECTLY, CHECK OUT THE IMAGES BELOW! Description: A Seasonal Tendency is a historical pattern or roadmap that reflects how price action has behaved in the past during specific time periods, usually on a monthly basis. It is not an absolute guarantee of future price movements, but rather a general rule of thumb to...
This indicator highlights the Overnightsession (ONS), taught by TheCurrenyMerchant. The Overnightsession is from 4-8 am UTC-5. This session can be used to form trades, e.g. after one side has been taken out. It has the options to display Projection and the equilibrium level. Equilibrium level (50%) can be used to identify if price is currently in premium/discount...
Time is fractal. Every candle has an open, low, high and closing price. Depending on what timeframe you are on, some opening prices could be more interesting than others. This indicator tracks, which timeframe you are currently on and displays different things accordingly, so that the chart is never messy. Below the hourly timeframe, the indicator highlights ICT...
The ICT Macros indicator aims to highlight & classify ICT Macros, which are time intervals where algorithmic trading takes place to interact with existing liquidity or to create new liquidity. 🔶 SETTINGS 🔹 Macros Macro Time options (such as '09:50 AM 10:10'): Enable specific macro display. Top Line , Mid Line , Bottom Line and Extending Lines ...
The Fair Value Gap Strategy (FVG) is a trading approach that relies on price action analysis and involves identifying market inefficiencies or imbalances. The strategy offers a variety of customizable settings to match your preferences and includes an entry and exit strategy to guide you through trades. The script operates in the following manner: It begins by...
Just an easy to use time based indicator that allows you to track ICT London Open Killzone, New York Open killzone, AM session Silver Bullet time window & PM Session Silver Bullet Time Window, and last but not least the Last Hour of trading which often has nice moves.
This Seasonality indicator is meant to provide insight into an asset's average performance over specified periods of time (Daily, Monthly, and Quarterly). It is based on a 252 trading day calendar, not a 365 day calendar. Therefore, some estimations are used in order to aggregate the Daily data into higher timeframes, as we assume every Month to be 21 trading...
This script plots the timewindows of the ICT killzones (for forex) and trading session + makros below the chart. Individual components can be switched of to your liking
This script highlights the ICT trading makros and silverbullet timewindows with different background colors on your chart. The drawings are only visible on the timeframe 1min - 5min because they become useless above and i didnt code the logic for below 1min
Students of ICT concepts will know that the first FVG found within particular session periods can identify an important price level for intraday traders. "Find the first FVG at the start of the session and drag a box from it to the right"....ICT The script finds the first FVG (either bull or bear) within the following periods: London Killzone (0200 - 0500)...
The FVG Sessions indicator highlights the first fair value gap of the trading session as well as the session range. Detected fair value gaps extend to the end of the trading session. Alerts are included on the formation of a session fair value gap, price being within a session fair value gap, mitigations, and price crossing session fair value gaps average. 🔶...
This strategy script is an extension of my Smart Money Essentials (SME) indicator and aims to provide a simplified means of backtesting complex trade models that incorporate a variety of Smart Money Concepts. Among other things, Smart Money Essentials contains logic for: - Market structure - Fair Value Gaps - Order Blocks - Breaker Blocks - Optimal Trade...
Advanced ADR/AWR/AMR indicator created for Traders Reality community, as well as the greater trading community. Thanks to the TR community discord guys: infernix, peshocore and xtech5192 Everything is modular and can be turned on/off, including a customisable table showing daily/weekly/monthly average pips/dollars. If you just want the average daily range lines...
Displays Open, High, Low, Close and 50% levels for the Previous Day/Week/Month. Also shows the Open for the Current Day/Week/Month Also shows the Current New Week Opening Gap Midline (NWOG) These levels are key to teachings by ICT as well as other trading strategies. There are lots of scripts available for this data, however this one plots the levels to the...
The Breaker Blocks with Signals indicator aims to highlight a complete methodology based on breaker blocks. Breakout signals between the price and breaker blocks are highlighted and premium/discount swing levels are included to provide potential take profit/stop loss levels. This script also includes alerts for each signal highlighted. 🔶 SETTINGS 🔹 Breaker...
This Indicator is based on "ICT Killzones" - sessions in which price moves the "cleanest" and usually has the most volume. The script is able to either display Killzones as a Label above current bars, or in form of lines on top or bottom of the charts. Also, the user is able to choose between Forex Killzones and Indices Killzones. times for...
The MACRO indicator is a valuable tool for traders who want to develop consistency and believe that major macroeconomic events occur at certain times of the day that can affect the market. By showing macro times in advance, allowing alerts to be triggered, and showing previous macros that have occurred, the MACRO indicator provides traders with the information...