The Rotation Factor objectively measures attempted market direction(or market sentiment) for a given period. It records the cumulative directional attempts of auction rotations within a given period, thus, helping traders determine which way the market is trying to go and which market participant is exerting greater control or influence. Theory The premise is...
Price Action with Market Structure Indicator Unlock the power of price action and market structure with our comprehensive TradingView indicator. This dynamic tool is designed to enhance your trading strategy by identifying key candle patterns and market trends. Key Features: 1. Bullish and Bearish Candle Patterns Identifier: Pinbars (PB), Engulfing (BE),...
Engulfing Candle + RSI Indicator by Stttrading F.Velazquez Description: Discover a powerful tool for market analysis with the Velas Engulfing + RSI Indicator. Crafted by Stttrading Franco Velazquez, this indicator seamlessly blends engulfing candle patterns with the precision of the RSI filter. What sets it apart is its unique approach – signals are...
What is it? This indicator allows the user to pick any Candle (preferably a Pivot, for better results) to draw the most relevant Trendlines from it as Origin, while keeping track of candle closes across these Trendlines to adjust or invalidate accordingly. It allows for up to 2 Origins to be picked on chart. Remember to pick a Bullish candle to draw Downtrends,...
This indicator is the open(free) version of TTT_Crack_RSI_Ver_2.1.0 we have published a while ago. Hello dear traders from all over the world! It has been a while since our team started concentrating on the technical indicators that apply sources not only on the closed price but also on the high/low prices of the candlestick to overcome the limitations of...
Introducing the Candlestick Pattern Plotter, a comprehensive TradingView indicator designed to elevate your technical analysis by automatically identifying and plotting three essential candlestick patterns – Pin Bars, Engulfing Candles, and Inside Bars. This powerful tool equips traders with a holistic view of market dynamics, enabling them to make informed...
This indicator detect fake breakout on previous day high/low and option previous swing high and low Rule Detect Fake Breakout On Previous Day High/Low Or Swing high low Fake Breakout - 1) Detect previous day high/low or swing high/low 2) A) If price revisit on previous day high/swing high look for upside breakout after input ...
OVERVIEW This indicator was developed to quickly analyze the seasonal movements of financial investment instruments. I would like to thank Zafer Brother for his ideas. IMPORTANT NOTE: In order to calculate monthly price changes properly, we need to examine the chart on a monthly time period. USER GUIDE: 1 - Time Period Selection: Users can...
There are a plenty of Engulfing candle detecting indicators but every single of them detect engulfing candles engulfed by only single candle but sometime it take more then one candle to engulf the previous opposite candle, which is also considered as engulfing candle. So this script show both type of candles. Type of Engulfing Candles Normal Engulfing...
The "Swing Identifier" is a custom Pine Script indicator designed for use in the TradingView platform. It serves to visually identify and mark swing highs and swing lows on a trading chart, which are key concepts in technical analysis. This script is comprehensive and customizable, making it a useful tool for traders looking to pinpoint potential trend reversals...
The Fair Value Gap Absorption Indicator aims to detect fair value gap imbalances and tracks the mitigation status of the detected fair value gap by highlighting the mitigation level till a new fair value gap is detected. The Fair Value Gap (FVG) is a widely utilized tool among price action traders to detect market inefficiencies or imbalances. These imbalances...
Title: MUJBOT - ADVANCED DAILY OPEN Description: The "MUJBOT - ADVANCED DAILY OPEN" is a versatile and user-friendly TradingView indicator designed to enhance daily trading strategies by highlighting the daily open price on the chart. This indicator is particularly useful for traders who focus on intraday price movements around the opening price of the trading...
The cycles are separated by vertical lines. The first cycle (Q1) is marked with a red line because it is a manipulative cycle where you should not open positions. Other cycles are green (Q2, Q3, Q4). You can add the time of the current candle, its size and position on the chart in the settings The time is highlighted in red in the timeframes 9:30-9:40,...
日本語の説明は英語の説明の後にあります。 ========= English ========= Various analyses of moving averages have been introduced, but the key points to observe are often quite similar. To efficiently observe the following points, I have created this indicator: The positional relationship between each moving average and candlestick The slope (directionality) of the moving averages ...
This indicator focuses on identifying "SWEEPs" based on taking liquidity at highs and lows. The application of the SWEEP strategy is highly determinant in the Swing points, as they serve as the target of our operations. ALERTS INCLUDED 🔹Example of Strategy Application 1.-Create the BULLISH SWEEP. 2.-You can enter LONG. 3.-If it is a BULLISH SWEEP, take a long...
Description of the "Enhanced High Volume Absorption" Indicator The "Enhanced High Volume Absorption" indicator is a specialized trading tool designed for the TradingView platform, optimized for the 15-minute chart timeframe. It offers traders a unique approach to analyzing market momentum and strength by focusing on significant volume movements, which are often...
The "ADX and DI (Colored Candles Open-Source)" indicator is a technical analysis tool used in trading. It utilizes the Average Directional Index (ADX) and the Directional Movement Indicators (+DI and -DI) to assess the strength and direction of a price trend. The ADX is calculated based on a 14-period lookback and is displayed as a histogram. The color of the ADX...
The "Dollar Volume Last 20 Candles" indicator, abbreviated as "DV", is a practical and insightful tool for traders and analysts. This indicator focuses on enhancing the visualization of trading data by calculating and displaying the dollar volume for each of the last 20 bars on a financial chart. It achieves this by multiplying the closing price of each bar with...