Our new "Trend Lines" indicator detects and highlights relevant trendlines on the user chart while keeping it free of as much clutter as possible. The indicator is thought for real-time usage and includes several filters as well as the ability to estimate trendline angles. 🔶 USAGE Trendlines can act as support/resistance, with a higher number of tests...
This indicator is designed to identify and track swing highs and lows in a given market on chart timeframe. It plots these swing highs and lows as solid lines on the chart. The indicator allows for customization of the line color and width. The selected timeframe trend is visually represented in a table located in the upper right corner of the chart. To enhance...
Introducing the Price Action Pattern Breakout Strategy: Wedge,Triangle,Channel 💹🚀 The "Price Action Pattern Breakout Strategy: Wedge, Triangle, Channel" is a dynamic and automated trading strategy that excels in recognizing and capitalizing on breakout opportunities within the realm of powerful price action patterns. It is finely tuned to achieve exceptional...
* MAutoFloorCeiling Indicator * The MAutoFloorCeiling indicator is a powerful algorithm utilizing Wyckoffian concepts of Supply, Demand, and Volume Climaxes to determine and draw Support / Resistance levels automatically. It is the culmination of over 2 years of research. Drawing Support / Resistance lines automatically is a tremendous benefit to the trader as...
This indicator "TrendLine Cross", is designed to plot trend lines so you can spot potential trend reversal points on the charts. The main function is to draw several lines on the chart and identify the crossings between these lines, which can be significant indicators for trading. The lines are based on different periods which can be changed in the settings...
The Trendline Breakouts With Targets indicator is meticulously crafted to improve trading decision-making by pinpointing trendline breakouts and breakdowns through pivot point analysis. Here's a comprehensive look at its primary functionalities: Upon the occurrence of a breakout or breakdown, a signal is meticulously assessed against a false signal...
This indicator is a visual representation of the VWAP (Volume Weighted Average Price), it calculates the weighted average price based on trading volume. Essentially, it provides a measure of the average price at which an asset has traded during a given period, but with a particular focus on trading volume. In our case, the indicator calculates the VWAP for the...
Swing Breaker Strategy - Support and Resistance Breakouts This strategy has no repainting. Default settings: Swing Barsback: 10 Number of Swings: 3 Stoploss Candles Lookback: 5 Why these default settings? This strategy has been backtested with over 100 trades, and on a larger scale of 1000 trades, it has reported a 1.33 profit factor with a maximum 5%...
- Introduction and How It Is Different The Dynamic Trendline Break Strategy is a unique trading algorithm that leverages the power of trendlines and swing detection to identify potential trading opportunities. Unlike traditional trendline strategies that rely on static trendlines, this strategy dynamically calculates trendlines based on pivot highs and lows....
This is just a fun script to give a different representation to the ever popular Stochastic RSI Even for me over the years the stochastic has been a difficult one to use in trading merely because of its choppy look. Since Heikin-Ashi Candles do such a powerful job in smoothing out the look of choppy markets, I decided to test it out on the look of the Stochastic...
Why I develop this indicator? In future indices, post market data with little volume distort the moving average seriously. This indicator is to eliminate the distortion of data during low volume post market hours. How to use? There is a time session setting in the indicator, you can set the cash hour time, moving average outside the session will be...
Overview The trendline is one of the most potent and flexible tools in trading. A rising trendline indicates an upward trend, a falling trendline indicates a downward trend, and a flat trendline indicates a range-bound bond market. Breakouts, price bounces, and reversal / Retest tactics are all types of trades that may be made using a trendline. Additionally,...
The QFL Screener is a robust tool inspired by Quickfingersluc's trading strategy. Known as the Base Strategy or Mean Reversals, QFL focuses on identifying moments of panic selling and buying , presenting opportunities to enter trades at deeply discounted prices. The QFL Screener is designed to enhance your trading efficiency by simultaneously scanning 40...
👉Hello Trader . - This is the Kumo cloud trendline indicator (taken from the indicator) in my "trendline analysis" series. - On the chart of this indicator, there is only 1 pair of trendlines that are closest to the clouds: 1 uptrend line and 1 downtrend line. - Actually in the process of trading with the trendline of the price I see the price undulating and...
Trendline Pivots The Trend Line Pivot Indicator works by automatically drawing and recognizing downward trendlines originating from and connecting pivot highs or upward trendlines originating from and connecting pivot lows. These trendlines serve as reference points of potential resistance and support within the market. Once identified, the trend line will...
MTF Fusion S/R Trendlines intelligently adapt to whatever timeframe you're trading - dynamically calculating support and resistance trendline levels combined from four appropriate higher timeframes to give you a much broader view of the market and an edge in your trading decisions. These trendlines are not programmed to repaint - so you can use them in...
An indicator with which you can easily compare any ticker with the ones offered. You can choose any of the tags that are offered in the options You can also create your own ticker if you select the Custom in Mode option. If the comparison mode is enabled, the current ticker you are viewing is divided by the ticker selected in the indicator. For example, if you...
The Dynamic Trendlines indicator is a useful tool for traders to identify potential support and resistance levels in the market. By analyzing price volatility and drawing trendlines based on high volatility candles, it helps traders visualize key price levels that may influence future price action. This indicator uses the Average True Range (ATR) as a measure of...