The Smart Money indicator, developed by Sir_Castle , is a sophisticated tool designed to empower traders with a comprehensive set of features for insightful market analysis. Here's an overview of its key functionalities: Bollinger Bands and Price Action Signals: The indicator incorporates a signal system that facilitates a detailed study of Bollinger...
MA matrix for identification of bullish/bearish macro phases and strategy implementation through the definition of effective MA lengths. Moving Averages, when conventionally employed in either single-line or dual-line configurations, come with inherent limitations that hinder their effectiveness in capturing the complexities of varying market conditions. In...
█ Concept: In this TradingView Pine Script publication, we introduce a powerful tool that offers extensive capabilities for traders and analysts. With a focus on combining multiple indicators, analyzing various timeframes, and fine-tuning your trading strategies, this tool empowers you to make informed trading decisions. █ Key Features: 1. Combining...
How this script works: 1. This script is an intraday trading strategy script which buy and sell on the bases of user-defined intraday session range breakout and gives alert(if the alert is set) message too when the new position is open. 2. It calculate the session as per the user inputs or user defined custom session. 3. The script stores the highest and lowest...
Price change indicator in the form of diagonal rows. The calculation is based on the percentage or tick deviation of the price movement (indicated in the "Deviation" parameter), which is displayed on the chart in the form of rows. The row consists of the base middle line, upper and lower limits: The middle line is the basis for the upper and lower limits of...
How This Script Works: 1. This script calculate the probability of price reaching a user-defined price level within one candle with the help Normal Distribution Probability Table. 2. Normal Distribution Probability Table is use for calculating probability of events, it's very powerful for calculation of probability and this script is fully based on that...
How The Script Works : 1. This script calculate the average movement of the price in a user defined custom session and plot the data in a table from on top left corner of the chart. 2. The script takes highest and lowest value of that custom session and store their difference into an array. 3. Then the script average the array thus gets the average price. 4....
A simple tool that displays the remaining time of M15, H1, H4, and D candles until they close. Moreover, It works on all timeframes with all the exact data of the desired timeframe. It can be such a useful tool when you using OHLC, AMD, and other theories. As you do not need to scrub back and forth through different timeframes to look for a bar close....
Summing up central banks balance sheet of: US , China, EU, Japan, UK, Swiss, Australia, Canada, Norway Brazil, Russia, India, Mexico, Indonesia Taiwan, HK, Korea, SG, Thailand Then adjusting it to USD as the common denominator for comparison. Net Foreign Assets (or foreign reserves) + Net Domestic Assets (or domestic credit, usually Money Supply M1) = Total...
█ OVERVIEW The indicator tracks and reports the percentage of occurrence of daily tops and bottoms by the time of the day. █ CONCEPTS At certain times during the trading day, the market reverses and marks the high or low of the day. Tops and bottoms are vital when entering a trade, as they will decide if you are catching the train or being straight offside....
Looking at the financial health of a company is a critical aspect of stock analysis because it provides essential insights into the company's ability to generate profits, meet its financial obligations, and sustain its operations over the long term. Here are several reasons why assessing a company's financial health is important when evaluating a stock: 1....
Stage analysis is a technical analysis approach that involves categorizing a stock's price movements into different stages to help traders and investors make more informed decisions. It was popularized by Stan Weinstein in his book, "Secrets for Profiting in Bull and Bear Markets." The stages are used to identify the overall trend and to time entries and exits in...
This Pine Script is an indicator designed to mark and highlight specific trading sessions on a TradingView chart. Here's a description of the script's functionality: 1. *Session Selection*: The script allows you to select a session time frame using the `session_input` input. The available options for session time frames are "D" (daily), "W" (weekly), "M"...
This script is designed to assist traders in identifying potential trading signals and trends based on the MACD indicator. Users can adjust the input parameters to fine-tune the indicator to their trading preferences. When specific conditions are met, alerts are generated to notify the user of potential trading opportunities. Indicator Description: The script...
Buying near the bottom and selling near the peak can be a challenging trading approach. However, it all begins with the ability to identify these essential zones. This indicator is targeting support and resistance with heightened accuracy. It utilizes features like: I. Multi-Level Weighting for Enhanced Support and Resistance Zones II. Vertical Zone Range...
This script allows you to display your custom strategy rules on your chart. It displays a label on the candle cost with the text you specify in the settings. You can have up to 10 lines of text. The Spaces After Candles number allows you to display the label x number of candles away from the candle close. Show Rules when unchecked doesn't display the rules,...
The "Rule of 16" is a simple guideline used by traders and investors to estimate the expected annualized volatility of the S&P 500 Index (SPX) based on the level of the CBOE Volatility Index (VIX). The VIX, often referred to as the "fear gauge" or "fear index," measures the market's expectations for future volatility. It is calculated using the implied volatility...
This indicator uses valid pullbacks in order to draw market structure with strict accordance to TradingHub strategy. Features Our indicator uses a number of price concepts, such as: IDM BoS & ChoCh ( also their sweeps ) Automatic resolving of ChoCh-IDM and IDM-BoS conflicts Orderblocks (IDM, Extreme) True Fair Value Gaps (FVG) True PDH/PDL ...