This indicator is designed to plot horizontal lines on significant Support and Resistance based on custom user-defined lookback periods. It helps traders identify key levels of support and resistance, improving their ability to detect potential trend reversals or breakout zones. Key Features: 1. Custom Number of Support and Resistance Lines: - The script...
Relative Strength Comparison ### Overview The Relative Strength (RS) Indicator is a robust tool designed to measure the performance of sectors or stocks relative to a benchmark index. This indicator provides a comprehensive way to compare the relative strength of different sectors or stocks, with the default selection being the major sectors of the National...
Code Summary: The script plots horizontal lines at .00, .25, .50, and .75 increments around the current price on the chart. It calculates these levels by taking the integer base of the price and adding the specified increments. The user can customize the color, thickness, and style (solid, dashed, dotted) for each level individually. The script plots a specified...
3 THUMBS UP Overview: The 3 THUMBS UP indicator provides a quick visual snapshot of three key market metrics, helping traders assess the current market sentiment at a glance. The indicator displays the following: 200-day EMA (Exponential Moving Average): Identifies long-term market trends by showing whether the price is above or below the 200-day EMA. ...
The Know Sure Thing indicator (KST) is a momentum based oscillator. KST is based on Rate of Change (ROC). Know Sure Thing takes four different timeframes of ROC and smooth's them out using Simple Moving Averages. KST then calculates a final value that fluctuates between positive and negative values above and below a Zero Line. There is also a signal line which is...
Whispr IQ - Trading System This advanced multi-component indicator combines several powerful analysis tools to provide a comprehensive view of market conditions and potential trading opportunities. Key Components: Kernel Regression Ribbon Institutional Order Flow Volume Profile Order Blocks Swing Points and Liquidity Naked POC (Point of Control) Fibonacci...
Indicator Description: Smart Candle Size The Smart Candle Size is a technical indicator designed for traders who seek to analyze market momentum and optimize their strategies based on candle size, trend direction, and risk management parameters. This indicator combines several analytical tools to offer a deeper understanding of price movements, facilitating...
This script, titled "FxASTLite " or "FxAST LX," is a Pine Script indicator designed for trading systems that use multiple technical analysis tools such as EMAs (Exponential Moving Averages) and PSAR (Parabolic Stop and Reverse). The script is overlaid on the price chart, providing insights into market trends and potential buy or sell signals. ### Key...
This MultiTimeFrame Trends and Candle Bias provides the trader a quick glance on how each timeframe is trending and what the current candle bias is in each timeframe. Interpreting Candle Bias : Green points to a bullish bias while red, a bearish bias for a given specific timeframe. For instance, if the current 1 hour candle bias is red, it means that the last...
The Multi-Scale Adaptive MAs (Hurst, CVaR, Fractal) indicator adjusts moving averages based on market conditions, using Hurst Exponent for trend persistence, CVaR for extreme risk assessment, and Fractal Dimension for market complexity. It enhances trend detection and risk management across various timeframes. TABLE OF CONTENTS 🔶 ORIGINALITY 🔸Adaptive...
Universal Trend Following Valuation | viResearch Conceptual Foundation and Innovation The "Universal Trend Following Valuation" script represents a comprehensive approach to trend-following systems. It combines multiple technical indicators and methods to assess market trends, integrating Sharpe, Sortino, and Omega ratios with various moving averages and Z-score...
This advanced indicator integrates the Normalized Relative Vigor Index (RVGI) with Multi-Timeframe (MTF) analysis, MACD, divergence detection, and customizable alert features. It provides a comprehensive toolkit for traders to analyze market momentum, identify trend changes, and react to significant technical signals. Key Features: Normalized Relative Vigor...
The Chronos Sequential Compass (CSC) is an advanced technical analysis tool used to identify potential price exhaustion points, trend reversals, and provide a framework for understanding market structure. Key Components: Setup Phase: Bullish Setup: 9 consecutive closes lower than the close 4 bars earlier. Bearish Setup: 9 consecutive closes higher than the...
Fair Value Gap (FVG) / Imbalance Indicator This indicator is specifically designed to help traders detect Fair Value Gaps (FVG) and Imbalance in the market, highlighting key areas where price action may return to "fill the gap" or restore balance. Additionally, it detects strong FVG scenarios, where Break of Structure (BoS) intersects with an FVG, giving traders...
Break of Structure (BoS) & Change of Character (CHoCH) Indicator This indicator is designed for traders who need to identify critical market turning points, such as Break of Structure (BoS) and Change of Character (CHoCH), to optimize their entry and exit strategies. It offers flexibility and customization to adapt to different trading styles and markets. Key...
Overview The "CRT overlay 2" is designed to plot key levels and detect market patterns based on the 4-hour candle around a specific start time (5AM). It incorporates elements like the high, low, and 50% level of a key 4-hour candle, and also tracks Fair Value Gaps (FVGs) to help identify potential price imbalances in the market. The indicator is primarily based on...
The Ultimate Trend Suite is a comprehensive trading indicator designed to enhance your market analysis and decision-making process. By integrating multiple technical analysis tools into a single, cohesive package, this indicator provides clear insights into market trends, momentum shifts, volatility conditions, and potential reversal points. It is tailored for...
Overview The Shifted Lines Based on Hourly Candle indicator plots two dynamic horizontal lines on your chart, offset by a specified price amount above and below the closing price of the last completed hourly candle. These lines update every hour, providing real-time reference levels that can assist in identifying potential support and resistance zones. How the...