This indicator uses the very popular Williams Vix Fix for Bottoms by Chris Moody but not only does it search for bottoms, it can also be switch to work for tops for those who look to short the market. I've also added in a few options like flipping the indicator, color adjustments on the settings page, as well as cut a few of the options I feel did not need to be...
With the latest added features chart.left_visible_bar_time and chart.right_visible_bar_time it is now possible to
place label.new() positions at the equivalent of 'location.top' and 'location.bottom'
The following are examples of functions which enables to find the visible chart highest/lowest bars:
var float highs = na
This script is a variation from Auto Fibo retration.
It makrs top and bottom prices. You can use to study the price action.
The user can choose the line color, to show or not, the marks green and red
The user can choose the minimal candles between top and bottom, by default is 17
The deep is the percentage of the diference about the last bottom/top from the previous one.
This script can be used as a visual aid in seeing the last highs and lows of price in a specific time period. It automatically updates the plots if new highs or lows are made within the given lookback period.
This is a fairly basic version currently, with new added features coming in future updates such as range between high/low and half and whole number detection.
There are now 3 Pi Cycle Indicators that I am aware of; the original, improved**, and bottom.
This indicator attempts to provide all three indicators in a dingle, easy to view script.
I coded this script to displace the moving averages above and below the price bars for easy viewing. This was accomplished by placing a scaling factor (/# or *#) at the end of the...
The following script detects regular and inverted horn patterns. Detected patterns are displayed alongside their respective confirmation and take profit levels derived from the pattern measure rule. Breakout of the confirmation levels are highlighted with labels.
This script is a continuation of the educational idea regarding horns patterns.
We script this one for combining VWAP , EMA50 and EMA200. The tool is fantastic if traders know how VWAP , EMA work? Just adding this script in your favorite and work like charm:
VWAP: How to trade with that
- One of the simplest uses of the VWAP is gauging support and/or resistance.
- A trader who is long a stock can use the VWAP as a target exit if its trading...
This is a MACD divergence on 3 time-frames, 1h, 4h and 1D.
Please insert the indicator into a 1h chart, otherwise change the lengths' inputs.
you will see H1,H2, H3, R1, R2 and R3 in green and maroon colors.
H means hidden divergence, 1 regards to 1h, 2 to 4h, and 3 to 1D. If the color is green, its bullish, and if its maroon the divergence is bearish.
Using Modified code from Lazybear's CVI 0.17% indicator and some logic, this script can help identify value buy and sell opportunities at a very early phase. Best used as a confirmation tool. This is a beta, so use it as such. Enjoy.
Sometimes "top" indications in an uptrend mean to look for an opportunity to add to position while "bottom" indications during a...
The theory that a Pi Cycle Top might exist in the Bitcoin price action isn't new, but recently I found someone who had done the math on developing a Pi Cycle Low indicator, also using the crosses of moving averages.
The Pi Cycle Top uses the 2x350 Daily MA and the 111 Daily MA
The Pi Cycle Bottom uses the 0.745x471 Daily MA and the 150 Daily EMA
Note: a Signal...
Fibonacci levels that show the critical top and bottom levels. There is no way to miss the top and bottom. And a top detector.
Also the most important SMA lines (SMA 50, 200), EMA21. Those are the most frequently used lines by traders.
This indicator is based on the work of www.tradingview.com
His work set me thinking. Could I also see the bottom using...
This is an experimental Indicator based on Momentum. Picks the Top & Bottom Candle for most Swing. Please post your opinion or suggestion to improve this indicator.
I have not back tested this completely. This is recently developed Indicator.
Every "boom" begins with a pullback... This indicator will help traders find bottoms and perfect entries into a pump. It combines two indicators, Dr. John Ehlers Early Onset Trend (EOT) and the infamous Stochastic RSI. The indicator features a built in dump and dip detector which usually picks up signals a few candles before it happens. The blue wave (EOT) shows...
Based on the Stochastic RSI but uses RVI (Relative Volatility Index) as source. Another great tool for finding market lows and entry points. This oscillator is also good for finding accurate diversions.
I already shared a method to estimate tops and bottoms (1), the number of parameters could lead to optimization issues so i tried to make a simpler method. In this method i use a simple rescaling method based on individual direction deviation. I will explain further details below.
I use as source for the entire calculation an...
Works best on BTC and only on the daily timeframe!
This is a TOP / BOTTOM indicator for big market cycles.
These tops and bottoms are based on the difference between the 200MA on the daily and the price.