This "Swing Trading Indicators" script is a sophisticated trading tool designed for traders who wants to use technical analysis for identifying optimal entry points, safeguarding profits, and protect their capital. With foundations loosely based on the momentum burst strategy by Pradeep Bonde, Kristjan Kullamaggie's trading methodologies, and incorporating...
Introducing the Relative Volume / Volume Breakout Multiplier (RVI) , RVI is specifically designed for traders who incorporate volume breakout analysis into their trading strategies, particularly breakout traders. This indicator provides a unique perspective on volume dynamics by quantifying the extent of volume breakouts in relation to the Simple Moving Average...
Volume Spread Analysis with Trend Direction is an indicator designed to Identify trend based volume spread. Volume Spread Trend This is a very simple yet powerful to identify Trend and corresponding volume Breakout. Unlike other Volume Indicators this indicator detects Breakout along with trend direction. One can detect the Early breakout in volume using...
I designed the '3 Pivots Interpolation Breakouts' indicator to intuitively identify breakout opportunities using pivot points. This tool stems from my need to anticipate market direction and capitalize on breakouts. It uses a line interpolated from three pivot highs or lows to forecast upcoming breakouts. This offers a straightforward way to visualize potential...
Simple Description: This indicator can basically help you find when a big move might happen ( This indicator can't determine the direction but when a big move could happen. ) Basically, a low-extreme value like 0 means that it only has room for upside, so volatility can only expand from that point on, and the fact that volatility mean reverts supports this. ...
🚀🌟 Introducing the Reversal and Breakout Signals by AlgoAlpha 🌟🚀 This innovative tool is crafted to enhance your chart analysis by identifying potential reversal and breakout opportunities directly on your charts. It's designed with both novice and experienced traders in mind, providing intuitive visual cues for better decision-making. Let's dive into the key...
Overview The Forex Master Pattern Screener 2 is based on the Master Pattern, which includes contraction, expansion, and trend phases. This indicator is designed to identify and visualize market volatility, market phases, multi-timeframe contractions, liquidity points, and pivot calculations. It provides a clear image of the market's expansion and contraction...
The Breakout Probability Indicator is a cutting-edge tool designed for traders looking to gauge the likelihood of price breakouts above or below current levels. This indicator intelligently combines Average True Range (ATR) and recent price action to provide a probabilistic insight into potential future price movements, enhancing strategy formulation and risk...
S&R Strategy with Backtest (TSO) =========================================================================== =========================================================================== This indicator serves as a comprehensive full-cycle trading system, providing alerts at each stage of the trade, from opening to closure. The algorithm initiates by calculating...
💎 GENERAL OVERVIEW Introducing a groundbreaking support and resistance indicator designed to revolutionize your trading experience on TradingView! This innovative tool operates across three distinct timeframes, offering a comprehensive view of market dynamics to help you make informed trading decisions. The indicator offers a large variety of features : ...
The "Custom % Breakout Highlight" indicator in Pine Script is designed to visually identify candles that experience a significant percentage price change relative to a user-defined threshold. The primary goal of this indicator is to highlight candles that surpass a specified percentage breakout level, signaling potential price movements or shifts in market...
// ================================= Trend following strategy. // ================================= Strategy uses two channels. One channel - for opening trades. Second channel - for closing. Channel is similar to Donchian channel, but uses Close prices (not High/Low). That helps don't react to wicks of volatile candles (“stop hunting”). In most cases...
The Targets For Many Indicators is a useful utility tool able to display targets for many built-in indicators as well as external indicators. Targets can be set for specific user-set conditions between two series of values, with the script being able to display targets for two different user-set conditions. Alerts are included for the occurrence of a new target...
The Targets For Overlay Indicators is a useful utility tool able to display targets during crossings made between the price and external indicators on the user chart. Users can display a series of two targets, one for crossover events and another one for crossunder event. Alerts are included for the occurrence of a new target as well as for reached targets. 🔶 ...
Hey there, this is my first time publishing a strategy. The strategy is based on the London Breakout Idea, an incredibly popular concept with abundant information available online. Let me summarize the London Breakout Strategy in a nutshell: It involves identifying key price levels based on the Tokyo Session before the London Session starts. Typically, these key...
Pocket Pivot Breakout Indicator The pocket pivot breakout indicator will show a blue arrow under the candle if both the following conditions are met: 1. The percentage change of the candle on that day from open is greater than 3%. 2. The volume on the day of 3% candle is higher than the highest red volume in the past 10 days. The second condition is based on the...
The Breakout Detector (Previous MTF High Low Levels) indicator highlights breakouts of previous high/low levels from a higher timeframe. The indicator is able to: display take-profit/stop-loss levels based on a user selected Win/Loss ratio, detect false breakouts, and display a dashboard with various useful statistics. Do note that previous high/low levels are...
Library "Touched" Breakout(zone, lookback) Tells if the zone has been broken on the current bar. Parameters: zone (Zone) : The definitiin of the zone. lookback (int) : How many bars to look back. Returns: a Touch object that tells if the zone has been broken up or down. FalseBreakout(zone, lookback) Tells if the zone has a false breakout...