Simple Script for getting alerts on the crossing of Upper & Lower levels either way. Good for Free users as they can only use 1 alert at a time. So this indicator will be useful to get alerts on both Breakout Or Breakdowns. Just add input Price manually and set alerts.
A method I'm playing with to detect liquidity grabs and breaks from consolidation.
A simple way to identify potential breakouts at the New York market open. This indicator plots the high and low of the New York Pre-Market, providing a great visual of a potential breakout levels.
Stdev Breakout Strategy Description: This script generates a long entry signal when the Standard Deviation crosses over the Simple Moving Average and the Close is greater than the Open, and/or generates a short entry signal when the Standard Deviation crosses under the Simple Moving Average and the Close is less than the Open.
This script uses the Repeated Median (RM) estimator to construct a linear regression channel and thus offers an alternative to the available codes based on ordinary least squares. The RM estimator is a robust linear regression algorithm. It was proposed by Siegel in 1982 (1) and has since found many applications in science and engineering for linear trend...
Strategy Kiss = 'Keep It Simple, Stupid' or 'Keep It Simple, Smart' The script simply identifies 2 consecutive Doji candles, and calculates Target on both the sides for given Reward : Risk factor. The High-Low to Open-Close ratio is set to default value 20. The Reward : Risk ratio is of default value 2. Both can be set to values of your choice. Accuracy best on...
Hello Traders, This is my second Multi Time Frame Candles script but with this new one, you will have some new features such volume info, remaining time to close of higher time frame candle and also developed using new features of Pine such array of lines. also I tried to make it 3D for better visualization ;) also it shows new highs/lows / breakouts. I...
This is a Vortex Based Visual System, Which can help you identify the Vortex Crosses based Range Breakouts/ Breakdown, over the price Scale, How its made ? The vortex Crosses are projected over the Price on Same Time frame {Green and Red Filled area} -> green Area means : Vortex Crossover Range -> red Area means : Vortex Crossunder Range and on Higher...
TRB (True Range Breakout) plots the current TR (true range) as well as the previous TR high over n periods. If the current TR is greater than the previous TR high, then the TR histogram will become red. Red signals high volatility. Enter trades only when the histogram is above the TR high line. Happy trading! 🥳
Sᴜᴘᴘᴏʀᴛ ᴀɴᴅ Rᴇꜱɪꜱᴛᴀɴᴄᴇ , is undoubtedly one of the key concepts of technical analysis █ Sᴜᴘᴘᴏʀᴛ ᴀɴᴅ Rᴇꜱɪꜱᴛᴀɴᴄᴇ Dᴇꜰɪɴɪᴛɪᴏɴ Support and Resistance terms are used by traders to refer to price levels on charts that tend to act as barriers, preventing the price of an financial instrument from getting pushed in a certain direction. A support level is a price...
I wanted to see if I could programmatically identify the conditions I saw just before Bitcoin broke its all-time high end of 2020. The signal picks up several rocket launch moments prior to launching which is quite cool. It also picks up a few false starts, however. In any case, I would have loved to be stopped out on those false starts but been there for all the...
Consolidation Range Analysis Published by Eric Thies, January 2021 █ Indicator Summary This tool calculates, analyzes and plots the visualization of a relative range over a given period of time By adding to charts, users are enabled to see the impulsive nature of market cycles, along with their efforts to consolidate thereafter The default...
Abstract This script provides a set of Trendline Channels which can be tighter than Donchian Channels. This script computes the most suitable active upper and lower trendlines and updates them as soon as possible. We can use it for breakout signals earlier than Donchian Channels. Introduction Channels are tools which can mark area of values of ranging...
Hello Traders, There are several nice Linear Regression Channel scripts in the Public Library. and I tried to make one with some extra features too. This one can check if the Price breaks the channel and it shows where is was broken. Also it checks the momentum of the channel and shows it's increasing/decreasing/equal in a label, shape of the label also...
This is my frist publish scrpit. I developed this indicator origin is BB. It make from easy idea but powerful for sideway to breakout 1. I findout volatility by upper band of BB - lower band of BB (I called "Aline") 2. I created SMA of Aline (I called Bline) 3. I created the special line is "Cline" from Aline - Bline 4. I created 0 line " Baseline " G-BBvB is...
Heavy Candle compares current candle size to its previous, the one before that and different Average True Ranges. The point is to objectively highlight a sizeable candle to enter the market with. The direction is based on if the close is above VWAP or below it. To plot a signal, the new candle has to: ►Oversize previous candle times multiplier 1 one OR the...
This script presents the session range and post session movements relative to that range of all the majors and crosses on a single page. You can also set it to a daily range and weekly range (beta). It will even show you the pip value of the range. I made the indicator to easily stay on top of market movements at london open relative to the Asia session range....
Buy and hold investors may decide to use trailing stops to protect profits and capital from market crashes, especially during bull markets. The purpose of this indicator is to hep investors to identify a location to place them. The indicator plots the highest high from 'x' bars ago. It then plots a trailing stop loss 'y' percent below that line. The...