The "Zaree - Bull & Bear Volume Void" (BBVV) indicator is a versatile tool designed to help traders assess the dynamics of bull and bear power in the market, with a focus on volume-based analysis. This indicator offers a range of features that aid in identifying potential shifts in market sentiment and strength.
Details of the Indicator:
Volume Void Color...
This indicator tries to identify the points where the price exceeds or falls below a rectangle based on the opening and closing prices of the previous period, the creation of the boxes occurs when a doji is detected therefore it will calculate the coordinates of the rectangle that will be drawn around it, therefore the indicator offers buy or sell signals based on...
The Price Strength Index + RSI Buy/Sell Zones indicator is a technical analysis tool designed to evaluate the strength of a financial asset's price movement by comparing it with a series of Volume Weighted Moving Averages (VWMAs) of different lengths calculated from historical data.
Hypothesis :
The core hypothesis behind this indicator is that assessing the...
The Wick-to-Body Ratio Trend Forecast Indicator aims to forecast potential movements following the last closed candle using the wick-to-body ratio. The script identifies those candles within the loopback period with a ratio matching that of the last closed candle and provides an analysis of their trends.
➡️ USAGE
Wick-to-body ratios can be used in many...
The "Days Higher Than Current Price" indicator is a color-coded tool that provides insights into the historical price performance of an underlying asset. By analyzing the number of bars prior to the selected day that had higher closing prices, this indicator visually represents the comparative strength or weakness of the current price level.
The "Days Higher"...
Pivot points are a popular technical analysis tool used by traders to identify potential levels of support and resistance in a given timeframe. Pivot points are derived from previous price action and are used to estimate potential price levels where an asset may experience a reversal, breakout, or significant price movement.
The calculation of pivot points...
REVE Cohorts stands for Range Extensions Volume Expansions Cohorts.
Volume is divided in four cohorts, these are depicted in the middle band with colors and histogram spikes.
0-80 percent i.e. low volumes; these get a green color and a narrow histogram bar
80-120 percent, normal volumes, these get a blue color and a narrow histogram bar
120-200 percent, high...
The Price Delta Heatmap is an indicator designed to visualize the price changes of an asset over time. It helps traders identify and analyze significant price movements and potential volatility. The indicator calculates the price delta, which is the difference between the current close price and the previous close price. It then categorizes the price deltas into...
Description:
The Candle Color Overlay (CCO) indicator is a powerful tool for visualizing price movements on a chart. It overlays the chart with customizable colors, highlighting bullish and bearish candles based on their open and close values. This indicator helps traders quickly identify the direction of price movements and assess market sentiment.
How it...
Description:
The Divergence Indicator (DI) is a powerful technical analysis tool designed to identify potential bullish and bearish signals based on multiple indicators, including RSI, Stochastic Oscillator, MACD, and EMA. It helps traders spot divergences between price and these indicators, indicating potential trend reversals or continuations.
How it Works:
The...
Description:
The Histogram Momentum Shaded Candles indicator (HMSC) is a powerful technical analysis tool that combines the concepts of the MACD (Moving Average Convergence Divergence) indicator and shaded candlestick visualization. It provides insights into momentum and trend strength by representing the MACD histogram as shaded candles on the chart.
How it...
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...
In the advanced price direction algorithm situations of faltering price directions (fda) are identified.
These are very interesting, because this happens at tops, flags and trend turns.
I got the idea of coloring the bars with fda in a distinguishing color, reddish gray for fda down and blueish gray for faltering up.
The remaining bars retain standard color, but...
This script works to help the trader quickly visualize specific moments in time, where certain price action bars are taking place.
Highlighting:
- inside bars
- outside bars
- inside inside bars
- inside outside bars
- outside outside bars
and allowing the trader to set alerts once the bar patterns are confirmed.
At the start of each trading day (0930 EST), this indicator calculates the intraday price difference between open and close for the eight largest market cap stocks (AAPL, AMZN, GOOGLE, META, MSFT, NFLX, NVDA, and TSLA), assigns a +/-1 for each, and then plots the cumulative change. An EMA has been added for smoothing purposes that is set to 5 but can be changed. ...
This study plots the ratio between current price and the price N days ago.
With N input that is configurable, users can find optimal long/short entries when price is in an established trend and price has diverge far from a given local peak or all time high.
With many years of stock trading the analysis indicates a connection between the distance of price and...
Hello everyone,
After my long tests, I observed that the rate of change of direction of the price was high after the periods when the RSI spent a long time outside the band. As a result of my observations, I prepared this indicator.
This indicator shows you the accumulation and distribution areas that occur outside the rsi band.
There are 3 different levels...
Good Morning from the UK.
Todays script is a simple vieweing of when candles close above a certain moving average - when the market is bearish conditions - candle which close above the moving average can be viewed as a bearish signal along with confluences such as price action. This script is best on the Daily and we can expect big price moves away from this...
![ES1!: Breaker Blocks with Signals [LuxAlgo]](https://s3.tradingview.com/1/1owp3WD0_mid.png "Breaker Blocks with Signals [LuxAlgo]")
![XAUUSD: RSI Accumulation/Distribution [M]](https://s3.tradingview.com/i/iTJhU9aT_mid.png "RSI Accumulation/Distribution [M]")
