reversal

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This script combines two simple concepts, stop running and short term momentum, into a simple visual signal that can be applied to any market and any timeframe with some adjustment. It looks for price to violate a prior extreme within a certain lookback window, followed by price triggering a momentum filter that helps put the proverbial 'wind at your back' for...

ru0ka 已更新 

█  OVERALL This indicator was specifically created for the Walsh Wealth Group. In short it is a fusion of some of the most basic and widely used indicators to show overbought patterns and trend reversals. Its best usage is with LTF scalping and agressive profit taking but can also be used to find HTF dips and buy-zones. █  FEATURES Buy Signal (Buy): Printed...

KongTrading 已更新 

PLEASE READ THE ENTIRE POST BEFORE PURCHASING & USING THE MyAlgo Tool. Saves you and me some time in emails and messages. :) This is the official version of MyAlgo ZULU ZONES PLEASE UNDERSTAND THAT THIS IS A DIFFERENT AND SEPARATE PRODUCT AND SCRIPT FROM "MyAlgo SLIM" FROM THE MyAlgo TRADING TOOL SERIES Description ZULU Zones is a rework of a long-gone...

tolo507 已更新 

Plot Orders for scaling Into a Position

UnknownUnicorn2902374 已更新 

Upside reversal is a condition when price takes down prior day's low but closes in an upper half on a daily range

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This script is a combination of my overnight fakeout script and bollinger band color bars. It's designed to be used on CME/CBOT Equity Indexes during their GLOBEX session. It uses the built in Bollinger Band script and highlights bars that exceed the upper/lower bands during the overnight session.

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Another tweak to a classic built-in script. Simply replacing the Keltner Channels overlay plot with color bars.

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This script highlights when price violates the highest high or lowest low within the user's selected lookback period, with the caveat that it occurs during the GLOBEX session. The script is designed to work exclusively with the trading hours for CME and CBOT Equity Index futures. I'm planning to make a more customizable version down the line. My reasoning...

Hookster

After reading an article on how to trade volume I felt that I needed some kind of indicator using price action and volume together. More precisely I tried to build two indicators. Bear in mind this indactor is very simple because it only evaluates each bar with its previous bar and an average. Nr.1 Weak/fake push: Price suddenly goes up/down a lot more but...

LonesomeTheBlue Wizard 已更新 

Hello Traders, This is " ZigZag with Fibonacci Levels " script. It finds the ZigZag, draw Fibonacci lines and put labels accordingly. I get many requests for this script, so here it is. You can set ZigZag period as you wish. Bigger numbers (such 20, 30) may give better perspective and result. It draws Fibonacci levels between 0%-100% and If the price goes...

skyline-trader Mod

Script is showing potential reversal zones on chart, based on calculations of High/Low of selected period, smoothing it with selected type of Moving Average and applying Standard Deviation. Preferred to be used for contrarian traders. Another alternative usage would be to lock profit from open positions as this is very often early warning before reversal...

fareidzulkifli 已更新 

© fareidzulkifli Disclaimer: I always felt Pinescript is a very fast to type language with excellent visualization capabilities, so I've been using it as code-testing platform prior to actual coding in other platform. Having said that, these study scripts was built only to test/visualize an idea to see its viability and if it can be used to optimize existing...

Bjorgum Wizard 已更新 

RSI output signals are displayed with color change to reflect the plotted value. This makes evaluating RSI conditions require but a glance. RSI momentum buy signals are given on the cross of the 50 level, whereas sell signals are given on a fall below. Default values a 5 period RSI which gives more timely entrances and exits for swing traders. This can be...

ProKingTV 已更新 

This is a Reversal trading signal system (part 2) for any range markets. It’s better used with timeframe from 15 min to 60 min for day trading or swing trading. It generates reversal signals for the important turning point bars and candles with no repaint and no lagging. Part 2 internal R/S setting is different from part 1. Use this script with part 1. How...

ProKingTV 已更新 

This is a Reversal trading signal system (part 1) for any range markets. It’s better used with timeframe from 15 min to 60 min for day trading or swing trading. It generates reversal signals for the important turning point bars and candles with no repaint and no lagging. How does it work? * Defines support/resistance(S/R) levels based on floor trader’s pivot...

TrustedSignals 已更新 

TrustedSignals Dojji Scalper is our most basic trading algorithm. It is based on Candle Patterns that show potential market reversal points. The script has 3 different types of signals, which can be individually turned on and off: - Doji signals, based entirely on the Doji candle pattern and 2 Strong and Weak candle reversal patters As a bonus, we have included...

TrustedSignals 已更新 

Divergences are powerful tools that assess the price momentum and the likelihood of a price reversal. A positive divergence occurs when the price of an asset makes a new low while an oscillator, starts to climb. Conversely, a negative divergence is when the price makes a new high but the oscillator analyzed makes a lower high. Once again, with the idea of...

Bjorgum Wizard 已更新 

-This script utilizes simple color changes of the TSI output signals to aid in interpretation of the classic TSI indicator. -Crosses of the TSI value line and signal line are a bullish or bearish indication. TSI value line is colored green or yellow to help identify that the TSI value line is either dropping or rising, while over or under the signal line. -This...