The Inversion Fair Value Gaps (IFVG) indicator is based on the inversion FVG concept by ICT and provides support and resistance zones based on mitigated Fair Value Gaps (FVGs). 🔶 USAGE Once mitigation of an FVG occurs, we detect the zone as an "Inverted FVG". This would now be looked upon for potential support or resistance. Mitigation occurs when the...
💎 GENERAL OVERVIEW Introducing our new Liquidity Grabs indicator! This indicator can renders bubbles with different sizes at candles that have liquidity grabs, which happen when a liquidity areas (buyside / sellside liquidity) is swept. These candles often fill a lot of market orders that were sitting on the liquidity zone. You can check "How Does It Work"...
💎 GENERAL OVERVIEW Introducing our new Fibonacci Inversion Fair Value Gaps (IFVG) indicator! Inverse Fair Value Gaps occur when a Fair Value Gap becomes invalidated. They reverse the role of the original Fair Value Gap, making a bullish zone bearish and vice versa. This indicator plots the Fibonacci retracement levels of the IFVG, which often act like support &...
This indicator marks Break of Structure (BoS) and Change of Character (ChoCh) in the price structure on your charts. It runs on any timeframe. This indicator is useful for determining if you are seeing a trend change in the market or if you are only seeing a pullback with the market continuing in the direction of the trend. The indicator will look for price to...
The Candle Decomposition indicator shows the last 2 candles in detail, with 2 levels of lower timeframes (LTF). In this way, you can keep oversight of history, while zooming in on the last and previous candle. This tool is meant to be used in realtime, preferentially for intraday usage. 🔶 USAGE In this example, on the current timeframe of 15 minutes, you...
Ninja Trend V2 is best for swing, day trading and scalping using higher timeframe bias and executing in the lower timeframes. Uses MACD for the overall bias and paints a Heikin-Ashi chart. Settings: Firstly, go to chart settings, check (tick) the body, uncheck borders and wicks. Secondly, go to the script settings and input the following; Source ...
Rules are pretty simple for this indicator .we are searching candlestick pattern on current day high and low .. *** Candlestick we are looking for *** 1) Bullish/Bearish Engulfing 2) Bearish/Bullish Harami 3)Hammer/Inverted Hammer Rule for searching bullish candlestick ====> 1) searching for current day high and day low 2) looking for candlestick as...
🔵 Introduction "Reversal candlestick patterns" are among the Japanese candlestick patterns considered as alerts for a potential change in the current price trend. It is often assumed that by identifying reversal candlestick patterns, the price trend will definitely change, either from bullish to bearish or from bearish to bullish. However, this claim is not...
💎 GENERAL OVERVIEW Introducing our new Inversion Fair Value Gap Consumption (IFVG) indicator! Inversion Fair Value Gaps occur when a Fair Value Gap becomes invalidated. They reverse the role of the original Fair Value Gap, making a bullish zone bearish and vice versa. IFVGs get "consumed" when market orders fill the gap occurred. With this indicator, you can now...
🔵 Introduction "Candlesticks" patterns are used to predict price movements. We have included 5 of the best candlestick patterns that are common and very useful in "technical analysis" in this script to identify them automatically. The most important advantage of this indicator for users is saving time and high precision in identifying patterns. These patterns...
█ FreedX Grid Backtest is an open-source tool that offers accurate GRID calculations for GRID trading strategies. This advanced tool allows users to backtest GRID trading parameters with precision, accurately reflecting exchange functionalities. We are committed to enhancing trading strategies through precise backtesting solutions and address the issue of...
The HTF Candle Projections indicator shows a number of candles from a higher time frame (HTF) projected to the right of the candles in the current timeframe. This can be very useful if you want to analyze two different timeframes without the need to switching between the different timeframes. This indicator is highly inspired by the HTF Power of Three indicator...
It's All Mids extends mid-lines of a candle forward until the price revisits (covers) the midpoint. A higher timeframe can be used for the mid candles than the chart (but not the reverse). There is no data to support this is a meaningful concept. While this script is intended to be functional, correct and useful it is important that you understand that not only...
- Overview Auto-magnifier shows a lower timeframe view of candles and volume bars inside any main timeframe candle by zooming into it. Candles and volume bars as they develop are shown chronologically from left to right. By default, magnifier is triggered when less than 3 candles are visible on the chart. By default, 20 lower timeframe candles are...
🔵 Introduction "3 inside up" and "3 inside down" denote a duo of candlestick reversal patterns, each comprising three individual candles, commonly observed on candlestick charts. These patterns manifest as a sequence of three candles, signaling a potential loss of momentum in the current trend and a potential reversal in direction. This pattern consists of 3...
TSI (True Strength Index) The TSI (True Strength Index) is a momentum-based trading indicator used to identify trend direction, overbought/oversold conditions, and potential trend reversals in financial markets. It was developed by William Blau and first introduced in 1991. Here's how the TSI indicator is calculated: • Double Smoothed Momentum (DM): This is...
Description: The "Equal Highs and Lows" indicator is a technical analysis tool designed to aid traders by identifying and marking equal price levels directly on the trading chart. This indicator helps in spotting potential support and resistance zones by drawing lines between points where the price has formed equal highs or lows over a specified lookback period....
OrderBlock-Finder This script shows order-blocks (OB) and fair-value-gaps (FVG). Additionaly there are entry signals for OB and FVG. The Dist-Parameter tell how many candles should exist between the beginning of the OB or FVG and the pullback. Order-Blocks An order block in trading typically refers to a significant grouping of buy or sell orders at a...