The "Money Flow Index Trend Zone Strength " indicator is designed to analyze and visualize the strength of market trends and OB/OS zones using the Money Flow Index (MFI). The MFI is a momentum indicator that incorporates both price and volume data, providing insights into the buying and selling pressure in the market. This script enhances the traditional MFI by...
General Overview The "Six Pillars" indicator is a comprehensive trading tool that combines six different technical analysis methods to provide a holistic view of market conditions. These six pillars are: Trend Momentum Directional Movement (DM) Stochastic Fractal On-Balance Volume (OBV) The indicator calculates the state of each pillar and presents...
🧬 Flux Composer (Professional Edition) 🌸 Confluence indicator in GoemonYae Trading System (GYTS) 🌸 The Flux Composer is a powerful tool in the GYTS suite that is designed to aggregate signals from multiple Signal Providers, apply advanced decaying functions, and offer customisable and advanced confluence mechanisms. This allows making informed decisions by...
🧬 Flux Composer (Community Edition) 🌸 Confluence indicator in GoemonYae Trading System (GYTS) 🌸 The Flux Composer is a powerful tool in the GYTS suite that is designed to aggregate signals from multiple Signal Providers, apply customisable decaying functions, and offer customisable and advanced confluence mechanisms. This allows making informed decisions by...
The U-Oscillator Pro is a comprehensive technical analysis tool designed to assist traders in making informed decisions in financial markets. This indicator integrates various features including oscillator, bands, trend clouds divergences, and confluence signals to provide a comprehensive view of market dynamics. 🔶 Oscillator : U-Oscillator uses an...
//Purpose/Premise: To project forward vertical 'cycle' lines based on user-input anchor points, and to search for confluence. The idea being that if several well-anchored cycles agree (i.e. we see multiple bunched vertical line confluence in the future), then this may add support to an already existing trade idea, or may indicate an increased likelihood of a...
The Volatility-Based Mean Reversion Bands indicator is a powerful tool designed to identify potential mean reversion trading opportunities based on market volatility. The indicator consists of three lines: the mean line, upper band, and lower band. These bands dynamically adjust based on the average true range (ATR) and act as reference levels for identifying...
The Adaptive Mean Reversion Indicator is a tool for identifying mean reversion trading opportunities in the market. The indicator employs a dynamic approach by adapting its parameters based on the detected market regime, ensuring optimal performance in different market conditions. To determine the market regime, the indicator utilizes a volatility threshold. By...
Introducing the "VWAP Xing D, Prv.D, W, Q, M, & Y + SD" Indicator: A Comprehensive, Multi-Timeframe Trading Tool for the Modern Trader In today's dynamic and fast-paced financial markets, traders require versatile and powerful tools that can help them navigate the complex world of trading. The "VWAP Xing D, Prv.D, W, Q, M, & Y + SD" indicator is designed to be...
This strategy script is an extension of my Smart Money Essentials (SME) indicator and aims to provide a simplified means of backtesting complex trade models that incorporate a variety of Smart Money Concepts. Among other things, Smart Money Essentials contains logic for: - Market structure - Fair Value Gaps - Order Blocks - Breaker Blocks - Optimal Trade...
-Plots price legs based on two user input lookback numbers. Smaller number for small legs, larger number for large legs. -Plots Fib projections of these price legs, above and below; User can input four independent fib levels or standard deviation levels ## User Inputs ## ~Show visible chart only; Show price leg labels (time and price); show small legs (fibs...
This indicator utilizes “Smart Money Concepts” like liquidity, order blocks, premium & discount, and more to analyze price action. What’s included in the initial release: Market Structure Liquidity Displacement Order Blocks Premium / Discount Confluence Table Alerts Market structure logic objectively identifies whether the current trend is...
Highly customizable RSI + GDAX EMA tool to help you quickly spot levels of confluence - Displays current RSI levels as a plot - Displays current 12 + 26 EMA as a plot - 7 customizable time frames - Each time frame marks RSI oversold, RSI overbought, 12 EMA, and 26 EMA as a line with label - Each time frame RSI and EMA have options to toggle visibility and...
Dynamic ADX by The Pine Guru What is the Dynamic ADX? The Dynamic ADX is an indicator created using the regular ADX, Line, and additional ADX Moving Average. This MA allows the script to calculate the ADX differently to the original ADX, providing greater input and accessibility to the user. As the ADX is a volatility indicator, it is communicates to trend...
This indicator provides buy and sell signals for Bitcoin based on confluence from well-known momentum, volatility, and trend indicators. It has successfully captured the major directional trends on Bitcoin's daily chart since 2018, and the settings are currently optimized for this chart in particular. This indicator implements RSI to gauge momentum, BBWP to gauge...
This is a logarithmic MACD that comes with several advantages over the standard MACD. Benefits: L MACD ©KGR vs Standard MACD Normalized over longer time periods: LMACD: Yes - standard: No Visual cues for tops: LMACD: Yes - standard: No Visual cues for bottoms: ...
█ OVERVIEW This script displays the nearest support and resistance fibonacci pivot point levels from the higher reference timeframes -- weekly, monthly, and yearly levels. When trading it is always been helpful for me to be aware of significant price levels of the players participating on larger timeframes. HTF pivot points are a great tool for finding confluence...
Pivot points are probably one of the greatest leading indicator for any and all asset classes, used since the advent of the public/private markets, granted it uses previous days data, it is an awesome leading indicator that produces guide rails for future trading periods. This project was born out of the necessity to have the additional fibonacci levels and to...