Overview: The Ichimoku Clouds Strategy leverages the Ichimoku Kinko Hyo technique to offer traders a range of innovative features, enhancing market analysis and trading efficiency. This strategy is distinct in its combination of standard methodology and advanced customization, making it suitable for both novice and experienced traders. Unique Features: ...
The Donchian MA Bands script is a complete trend indicator derived from the popular Donchian channel indicator as well as various customizable moving averages to estimate trend direction and build support/resistance levels & zones. 🔶 USAGE The indicator outputs various elements, the main ones being a lower dynamic zone (blue by default), an upper...
AutoLevels is a script based on the ATR ( Average True Range ) of price action over the past 14 days. It calculates those and includes Fibonacci Extensions to create Levels that are Automatically created each morning. These are not based on past price action but are well respected and easily show patterns throughout the day. Levels are made up of a BULL BAR ,...
Provides editable EMA clouds, based on Ripster47 EMA cloud strategy. All Moving Average lengths and types are editable. Defaults Fast Cloud: 5EMA & 13EMA Slow Cloud: 34EMA & 50 SMA Strong Cloud: 100SMA & 200SMA
This indicator plots Bollinger Bands for your current timeframe (e.g 5 minutes) and also plots the Bollinger Bands for a higher timeframe (15 minutes for 5 minute timeframe). Then the gaps between the current and higher timeframe upper and lower bands is filled to create clouds which can be used as entry zones. Like Bollinger Bands, this indicator shouldn't be...
Overview: These clouds are built using an SMA, ATR, and Fibs to create a potential high and low type of channel system. The SMA length is customizable via a user input, but the default value is 5. Intended use: To provide educational content about the short term movement of an asset. Can be used on any time frame. Disclaimer: NOT intended to be a sole...
This is Indicator is based on Ichimoku Clouds with Buy and Sell positions and alerts. Before using this indicator take note of the following: 1. This indicator is not Repaiting. 2. there are three ways to put your SL/TP: * you can use the yellow line above or below the candles to put your SL and your R/R ratio will be 1:1, 1:2, 1:3 (depending on the timeframe...
As retail traders in Bursa Malaysia, before taking our position we must make sure that the chart we chose is an uptrend counter. So this indicator can assist us to identify whether the chart is an uptrend or downtrend. This indicator consist of 3 "ribbon" 🔰 First one is the combination of ema5 and ema10. > lightest green when ema5 > ema10 > lightest red when...
Overview: This script is a type of mean reversion indicator, it uses a short period EMA, the EMA5 to be exact, as its basis for a mean. From here, we run a modified version of ATR over a longer period of time to find an average range value for price movement. Finally, we calculate the cloud/band/wave by multiplying this range value by our deviation values to...
EMA Cloud By Ripster EMA Cloud System is a Trading System Invented by Ripster where areas are shaded between two desired EMAs. The concept implies the EMA cloud area serves as support or resistance for Intraday & Swing Trading. This can be utilized effectively on 10 Min for day trading and 1Hr/Daily for Swings. Ripster himself utilizes various combinations of...
Welcome to the Scouter Indicator What you will enjoy the most out of this big combo breaker are the many configuration options that will enable you to play around and explore different ideas that will help you find patterns more easily while keeping a sexy modern aesthetic, in a single indicator selection. The name gets pretty long so you'll want to collapse the...
My take on PS60 by Dan Shapiro and SamC. The theory relies on each moving average/bolly band acting as supply and demand on that time frame. Everyone can trade this strategy differently but I look for bounce levels in strong names and also breakouts on the 1 HR and daily charts. I highly recommend you watch "access a trader" on youtube to understand this further....
This is a custom ema cloud script with a 5/12 cloud and a 34/50 cloud. Personally, I used to trade with the 20 ema and 50 ema, but wanted something with a little more robust. These clouds are especially great for the first hour of market open since strong bullish stocks that have gapped up overnight tend to follow these trends. For example, Tesla opened...
This indicator is an adaptation of Rob Booker's 5/13/62 strategy, with the addition of shaded clouds to help visualize when momentum is shifting and entry and exit points are near. When the 5 EMA crosses the 13 EMA upward, it signals a bullish move, and it is extremely bullish when it crosses the 62 EMA. When the 5 crosses downward, it signals a bearish...
EMA cloud for multiple time frames. Change settings for time frame u need. Default is 4 hrs. Original credit to Junij
mmd metodology by Mariusz Drozdowski with averages ema sma 12 48 288 1440
Hello Fellow Traders ! KikingAlgo has produced another amazing tool which is now fully operational and ready. This Algo is called NINA-BT ( Backtesting + Multi Time Frame ) and is based on mathematical formula over 11 timeframes to create trend signals based on the current market conditions. The Algo can operate on any market, any pair in any timeframe and...
I was reading about Fibonacci Clusters on investopedia (www.investopedia.com) and couldn't find a script for it on tradingveiw. Apparently some people use it successfully but I found it a little chaotic. This script will mark the retracements in a window's length, and you can set this for six windows. This script isn't very pretty because it doesn't seem obviously...