UT Bot Stochastic RSI is a powerful trading tool designed to help traders identify potential buy and sell signals in the market. This indicator combines the Stochastic and RSI (Relative Strength Index) oscillators, two of the most popular and effective technical analysis tools, to provide a comprehensive view of market conditions. The Stochastic oscillator is a...
The "RSI Order Blocks " identifies and visualizes potential order blocks based on the Relative Strength Index (RSI) indicator. These zones may indicating potential support or resistance levels. 🔶 Key Features : RSI-based Order Block Identification: The script utilizes the RSI indicator to identify potential order blocks. It detects pivot highs and lows in...
On Balance Volume (OBV) is a gift to traders. OBV often provides a leading signal at the outset of a trend, when compression in the markets produces a surge in OBV prior to increased volatility. This indicator demonstrates one method of utilizing OBV to your advantage. I call it the "OBVious MA Indicator ” only because it is simple in its mechanics. The...
Exploring OBV: The OBVious MA Strategy Are you using On Balance Volume (OBV) effectively? OBV is a gift to traders. OBV often provides a leading signal at the outset of a trend, when compression in the markets produces a surge in OBV prior to increased volatility. This strategy demonstrates one method of utilizing OBV to your advantage. I call it the ...
Library "Adaptive Profit And Loss" Provide Take profit and Stop loss values depending on source. TakeProfitPriceTypes() Provides supported Take profit sources Returns: Supported Take profit sources StopLossPriceTypes() Provides supported Take profit sources Returns: Supported Take profit sources Price(type) Get price value by selected price...
Overview The swing indicator is designed to offer traders a comprehensive analysis of market trends and volatility by integrating Bollinger Bands and the Average True Range (ATR). It aids in the visualization of price movements and volatility across multiple time frames, thereby providing insights into potential buy and sell opportunities. Key Features - ...
Relative Volume take the volume at a given time of day and compares it to the average volume at that time of day. You can either use the current volume or the cumulative volume in this analysis. You have the option to either see the average and the current volume or a comparative view where you see the percent difference between now and the average. My...
Neutral State Stochastic Oscillator {DCAquant} The Neutral State Stochastic Oscillator {DCAquant} is an enhanced version of the classic Stochastic Oscillator. This iteration aims to refine the detection of neutral market states — periods where the market is neither overbought nor oversold — potentially signaling a period of consolidation or equilibrium before the...
The Neutral State MACD {DCAquant} The Neutral State MACD {DCAquant} offers a nuanced interpretation of the classic MACD (Moving Average Convergence Divergence) indicator. By focusing on the neutrality of price movements, it serves to identify periods where the market lacks a defined directional bias, often seen as potential phases of accumulation or distribution...
Script Introduction The L3 Ultimate Market Sentinel (UMS) is a technical indicator specifically designed to capture market turning points. This indicator incorporates the principles of the Stochastic Oscillator and provides a clear view of market dynamics through four key boundary lines — the Alert Line, Start Line, Safe Line, and Divider Line. The UMS...
Library "LibraryCOT_NZ" This library provides tools to help Pine programmers fetch Commitment of Traders (COT) data for futures. rootToCFTCCode(root) Accepts a futures root and returns the relevant CFTC code. Parameters: root (simple string) : Root prefix of the future's symbol, e.g. "ZC" for "ZC1!"" or "ZCU2021". Returns: The part of a COT...
Introduction: The "OPEN=HIGH/LOW Labels" script is designed to visually indicate instances where the opening price is equal to the high or low price of the candle. It overlays labels on the chart to highlight these conditions, providing traders with additional insights into price action. Key Features: Customizable Inputs: Traders can adjust parameters such as...
ntroduction The "Long / Short OI Build Up" script is designed to identify potential long or short build-up opportunities based on changes in open interest (OI) and price movements. Open interest refers to the total number of outstanding contracts for a financial asset, such as futures or options, that have not been settled. This script provides insights into...
Pivot Length Bands Indicator Description: The Pivot Length Bands indicator is designed to visualize price volatility based on pivot points and ATR-adjusted pivot points. I. These bands can help traders identify potential support and resistance levels and assess the current volatility of the market. Inputs: Swing Length: The length of the swing used to calculate...
Library "EagleEyeEmbeds" Pine Script library to build out a webhook that is catered to Discord Embed formatTimeframe() discordWebhookJSON(contentText, username, avatar_url, embeds) Constructs a JSON string for a Discord webhook message. This string includes optional fields for content, username, avatar URL, and embeds. Parameters: contentText...
This indicator can be used with a strategy known as gap close reversal. Gap close reversal is a trading strategy based on the idea that when a market experiences a gap (a significant difference between the previous day's close and the current day's open), there's a tendency for the price to fill or "close" the gap by moving back to the previous day's closing...
This Pine Script, developed by Mustafa Kapuz, offers a unique approach to visualize price movements through a custom Renko chart directly on your TradingView overlay. Unlike traditional Renko charts that are detached from time series, this script allows traders to overlay Renko-style price movements over standard charts, providing a hybrid view that combines the...
J. M. Hurst introduced a concept in technical analysis known as the Future Line of Demarcation (FLD), which serves as a forward-looking tool by incorporating a simple yet profound line into future projections on a financial chart. Specifically, the FLD is constructed by offsetting the price half a cycle ahead into the future on the time axis, relative to the Hurst...