🟨 HMA OrderBlocks by AlgoAlpha is a powerful tool designed to help traders visualize key pivot zones and order blocks based on the Hull Moving Average (HMA). By dynamically identifying bullish and bearish pivot points, this script provides insights into potential price reversals and trend continuations. With customizable settings, it allows traders to tweak the...
This script is designed to help traders visually track market trends using various types of moving averages (MAs) and to receive alerts when certain conditions are met. Here’s a detailed breakdown of how the script works: 1. User Inputs and Customization: MA Length: Traders can define the length of the moving average (default is 100). Confirmation Candles: The...
Description The "First Candle High Low Levels" Pine Script indicator is designed to highlight the high and low levels of the first candle of the day on your TradingView chart. It works across different timeframes and specifically handles the Indian stock market trading hours (9:15 AM to 3:30 PM IST). The script draws a box from the start to the end of the trading...
The Pivot Data Indicator is designed to provide traders with valuable insights by identifying and analyzing pivot points on the price chart. It calculates both pivot highs and lows, then presents detailed statistics on the distance and time between these pivots. a pivot point is defined as a specific point on the chart where the price either reaches a high or a...
🚀 Elevate Your Trading with Machine Learning Dynamic Support and Resistance! The Machine Learning Dynamic Support and Resistance by AlgoAlpha leverages advanced machine learning techniques to identify dynamic support and resistance levels on your chart. This tool is designed to help traders spot key price levels where the market might reverse or stall, enhancing...
The Rising & Falling Window Signals indicator identifies Rising & Falling Window formations on the chart and manages them for use as support and resistance zones. The Rising and Falling Window methods used in this indicator are based on Steve Nison's techniques, emphasizing the importance of these areas to better identify continuation momentum and likely reversal...
This script appears to be designed to identify and visualize dynamic support and resistance levels on a price chart, along with potential breakout signals. Key Components & Functionality (Inferred): Dynamic Support and Resistance: The script likely employs algorithms to calculate and plot support and resistance levels that adjust in real-time as price action...
Hi all! This is a very simple indicator. It plots the high timeframe (configurable via the "Timeframe" setting) high/low current timeframe bars (that has the same high/low as the higher timeframe) as supply/demand. The higher timeframe bar that's chosen is the one that's next last. As of now one high and one low zone is plotted. The defaults are based on useful...
The Predictive Order Blocks Indicator is a unique and innovative tool that enhances market analysis by identifying support and resistance blocks based on standard deviations from a median line. Unlike traditional indicators that rely solely on the close price, this indicator leverages the median line and standard deviations to form areas of interest, rather than...
The Price Close Probability Indicator is designed to help traders estimate the likelihood of price closing above or below specified levels within a given bar. By placing two levels on your chart, you can quickly gauge the probability of the current price bar closing above or below these levels in real-time. Key Features: Dynamic Probability Calculation: ...
Hello traders 👋 This indicator "SPX Mapped Gaps" detects gaps from the SPX (or the trader's choice of index/asset) and plots them for the asset on your chart! Features Selectable comparison symbol Gaps from the selected symbol (SPX by default) are plotted for the asset on your chart - serving as potential support/resistance levels! Closest gaps from...
The Pure Price Action Order & Breaker Blocks indicator is a pure price action adaptation of our previously published and highly popular Order-Blocks-Breaker-Blocks script. Similar to its earlier version, this indicator detects order blocks that can automatically turn into breaker blocks on the chart once mitigated. However, the key difference/uniqueness is...
📈 Rolling Price Activity Heatmap 🔥 Enhance your trading experience with the Rolling Price Activity Heatmap , designed by AlgoAlpha to provide a dynamic view of price activity over a rolling lookback period. This indicator overlays a heatmap on your chart, highlighting areas of significant price activity, allowing traders to spot key price levels at a...
The Previous Highs & Lows indicator highlights a user-set amount of previous maximum/minimum prices made within specific intervals, these are displayed as levels customizable levels. Additionally, one upper and lower zone constructed from the previously displayed highs/lows is included, providing support/resistance areas. 🔶 USAGE Previous highs/lows are...
🌟 Introducing the Visible Range Support and Resistance 🌟 Discover key support and resistance levels with the innovative "Visible Range Support and Resistance" indicator by AlgoAlpha! 🚀📈 This advanced tool dynamically identifies significant price zones based on the visible range of your chart, providing traders with crucial insights for making informed...
The Pivot Point Profile indicator groups and displays data accumulated from previous pivot points, providing a comprehensive method for prioritizing and displaying areas of interest directly given by swing highs and lows. Users have access to common settings present in other profile-type indicators. 🔶 USAGE The Pivot Point Profile is particularly helpful...
The "VWAP Bands " indicator is designed to provide traders with valuable insights into market trends and potential support/resistance levels using Volume Weighted Average Price (VWAP) bands. This indicator integrates the core concepts of VWAP with additional trend analysis features, making it a versatile tool for both range trading and trend-following...
The "Supports & Resistances " indicator is designed to identify and visualize key support and resistance levels on the price chart. It utilizes the Average True Range (ATR) and Pivot Points to define the boundaries of S & R zones and considers historical price action to assess the strength of these zones. 🔶 How to Obtain Zones The script continuously analyzes...