NET BSP derived from Buying & Selling Pressure which is a volatility indicator that monitors average metrics of green and red candles separately.
We could navigate more confidently through market with projected market balance.
BSP allowed us to track and analyze the ongoing performance of bullish and bearish impulsive waves and their corrections.
Due to...
Fibonacci Extension
Fibonacci Extension is a powerful technical analysis tool that traders use to predict where the market might find support and resistance. It is based on the Fibonacci sequence and uses levels that are found by extending the 23.6%, 38.2%, 50%, 61.8%, and 100% Fibonacci ratios from a swing high or low. These levels can be used to find possible...
This is effectively version 2 of my script "Candle Fill % Meter", with a few different/more options available in a more compact form. Choose between multiple oscillator sources, # of dividing lines, and solid or gradient candle fill. Once again this script is intended for use with hollow candles! This script enables you to see more information with less screen...
This indicator is used to automatically identify and plot two forms of liquidity that will be targeted by market makers.
The first form of liquidity is based on multi-time fame highs and lows. It plots 1H, 4H, D, W, & M liquidity on an intraday chart to make it easier to identify. I believe hat liquidity is what drives the market and the most common form of this...
Credit to AkifTokuz
I would like to give the credit to AkifTokuz, I built this indicator based on AkifTokuz's WRBHD indicator code.
What is added?
I have added the visual block to show the hidden gap (HG). The visual dovetailed the full range of the hidden gap. The size of the block give you a good idea on the strength of the hidden gap, namely a bigger...
HTF Tool 2: Because the previous version was removed for being too powerful.
HTF Tool allows Users to display Higher Timeframe(HTF) Candles on their Chart with retracement lines drawn from the (High/Low) range of the HTF candle, as well as a live HTF MA.
This indicator perfectly handles Requested data to display a non-lagging HTF Moving Average(MA) by bridging a...
This indicator was made to backtest the DR / IDR concept (Defining Range / Implied Defining Range). There is only one built in DR session, but it can be changed to fit whatever session you like. Just make sure that the beginning time of the Session parameter matches the end time of the Defining Range parameter.
I'm not trying to validate or invalidate the claims...
This indicator identifies divergence between NYSE TICK and price, displays TICK in line, bar, or Heikin Ashi format, calculates various types of moving average lines and shows moving average crossovers.
What is TICK
NYSE TICK, also known as the TICK index, is a technical analysis indicator that shows the number of stocks on the New York Stock Exchange (NYSE)...
Ever wonder how candles would look on a chart if they were tracked by calendar day instead of market days?
Option(s)-
📅Custom start date for candle formation
✖️Candle multiplier
🌈Up / Down Colors
Features-
📋Displays candle data with invisible plots
Use Move to Existing Pane to Overlay on chart.
Can only display a max of 500 candles!
It is easy to loose track of time and price volatility when the chart automatically scales to the bars on the chart. This helps you keep track.
This is a very simple indicator that is designed to ensure that you're looking at a segment of the chart that is relevant to the trade you're considering in both price distance and time.
The Problem:
When looking at...
Choose to display numbers from 6, 7, 8 or only 9, showing a colored dot until the last number is reached to reduce the clutter
Support and resistance
Customizable labels, several styles are available
Identifies turning point in the trending price of an asset or an index.
Display all numbers or choose from 6, 7, 8 and 9 to reduce the clutter
Support and resistance
Customizable labels, several styles are available
Identifies turning point in the trending price of an asset or an index.
What this Indicator Does
This indicator is a very simple tool created specifically for experienced Straters. It was created for those Straters who fully understand the 1-2-3 Strat Scenarios, are in need of an easy to use tool, and do not want or need a lot of messy markings on their chart.
The indicator simply allows the user to color code the Strat 1, 2 ,3...
Is a tool used to determine market reversals, this tool is built of RSI and Moving Averages. Main aim of this tool is to help make market analysis easier by catching market reversal zones and alerting traders and investors about the market reversing and whether they should buy or sell.
What the tool do
- The tool catches market reversals
- The tool draw new...
This tool is meant to help you learn the different types of gaps:
GNG = Gap N Go (flag icon). This occurs
RTG = Retest Gap (x icon)
SETTINGS
Gap Size: Will display a green(bullish) or red(bearish) icon. The 2% (default) gap size will highlight gaps that are greater than the configured setting (2% up or 2% down).
NOTES
The gap size is measured from the previous...
This indicator calculates the ratio of bearish to bullish candles over a certain window of time. It does this by keeping track of the number or distance (depending on the "Enable True Range Mode" input) between the high and low prices of bullish and bearish candles, respectively, and then dividing the total distance of bullish candles by the sum of the distances...
This is a script to color code bars based on the bullish- and bearish combination.
Bullish Combination
Percent: Price >= 4% from yesterday and Volume today > Yesterday
Dollar: Price >= 0.9 dollar from open
Base Requirements
- Price > Yesterday's close
- Price > Open
- Price is within 30% of high
- Todays price range >= Yesterdays price range
- Yesterday's...
![ES1!: DR/IDR Case Study [TFO]](https://s3.tradingview.com/j/jU17SmIf_mid.png "DR/IDR Case Study [TFO]")
![SPY: TICK Divergence + Heikin Ashi [Pt]](https://s3.tradingview.com/z/zOQNkPHO_mid.png "TICK Divergence + Heikin Ashi [Pt]")
