Pullback Candle will signal when price is at the end of a pullback and entering a balance phase in the market (works on all markets)
Also we can expect a Pullback Candle during flash crashes as the theory of this script is when there is a turning point in momentum - this candle will appear and we can look long from this signal.
This candle will only work in...
Relative Volume is one of the most important indicators and Traders should check it while trading/analyzing. it is used to identify whether the volume flows are increasing or decreasing. Relative volume measures current volume in relation to the “usual” volume for this time of the day. What is considered “usual"? For that, we have to use a...
First, you have to know price action, RTM price action Handbook could help you
this indicator shows you base and momentum candles
base candles could be zones of trade that show you fighting of bulls and bears, and momentum candles could show the power of those zones.
Base candles are white in the chart, and you can place your order at the good...
In the book, The New Technical Trader by Tushar Chande and Stanley Kroll there is a part that talks about candlestick analysis and how the wicks play a role on how the price will behave. When wick lengths increase then there could be uncertainty. Weakening of support and resistance levels can also be seen by the size of the candlestick wicks or shadows. Shoutouts...
Volume Delta is the difference between buying and selling power. Volume Delta is calculated by taking the difference of the volume that traded at the offer price and the volume that traded at the bid price. If delta is greater than 0 you have more buying than selling pressure. If delta is less than 0, you have more selling than buying pressure. This indicator also...
"You can't connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future." ~Steve Jobs
This quote from Steve Jobs, explains the very essence of this indicator.
Trading is Simple, Why make it complicated. ~ Ravi Chandran
The main motto building this Traders...
This indicator lets us to automatically detect and mark strong and clear Price Action levels in which there were Accumulation and Distribution phases in any timeframe.
This Accumulation and Distribution is associated with a laterality in the market and they are usually important price levels to take into account for either future Price Action trades in Supports...
This script helps you to determine entry for long trades and short trades.
1. VWAP for long/short
2. 20 EMA for confirmation
3. STOCHASTIC RSI for momentum
How to enter:-
After the indicator plots the entry for long/short on chart, wait for the price to break nearest pivot point and close above it. Combine with price action for...
This script uses floor pivots and an VIP level which is very important level from Price action point of view. These levels act as strong support and resistance levels. I Mainly use this for Banknifty:NSE but these can be used across any instrument which is be traded. This will be upgraded further.
Description : Uses all the following indicators as a default pre-set template
1. SMA 200 (longer term for direction/trend)
2. EMA 20 (shorter term for assisting with entry)
3. EMA 50 (medium term for assisting with entry)
- Allows you to switch off showing...
today a new Price Action Tool , the "Engulfing that matters" .
Everybody knows the importance of engulfing to find
supply and demand zones
market makers' actions
trend switching in short-term and mid-term future
They can be both bullish or bearish , but the real problem is that not all, but only a few engulfing matters ! And ...
This study is based on several Price Action parameters of :-
• Candle Pattern,
• Supply Demands,
• Support and Resistance,
► How To Use This Study ?
• Suitable Trade Session for this study 09:45 AM to 02:30 PM ( UTC +05:30)
• Buy Whenever a Green Up Triangle Appears on Chart.
• Sell Whenever a Red Down Triangle Appears on Chart.
• Exit Buy...
Intelligent Price Action - Movement Up (Expo)
Intelligent Price Action - Movement Up (Expo) identifies important up movements that have an impact on current price characteristics. The indicator is visualizing buying pressure! These price patterns are valuable insight when trading the market.
This indicator response faster to price movement...
Intelligent Price Action - Movement Down (Expo)
Intelligent Price Action - Movement Down (Expo) identifies important down movements that have an impact on current price characteristics. The indicator is visualizing selling pressure! These price patterns are valuable insight when trading the market.
This indicator response faster to price...
Intelligent Price Action - Positive Close (Expo)
Intelligent Price Action - Positive Close (Expo) identifies important positive closes that have an impact on current price characteristics. The indicator is visualizing buying pressure! These price patterns are valuable insight when trading the market.
• Buying pressure is seen in reversal...
Intelligent Price Action - Negative Close (Expo)
Intelligent Price Action - Negative Close (Expo) identifies important negative closes that have an impact on current price characteristics. The indicator is visualizing selling pressure! These price patterns are valuable insight when trading the market.
• Selling pressure is seen in reversal...
Hi all Dear users,
Here, I have shared my CPR script on Daily, Weekly & Monthly basis. which will only works on intraday time frames. Best time frames recommended are 3,5 &15.
This will be very useful for intraday trades. And also it has more customizing options.
The features are:-
- Have an option to use only Daily pivots.
- Have an option to...