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Multitimeframe

BTMM R.NOODLEThis script aims to encompass the style of Traders Reality, Steve M (BTTM), and Stacey Burke (youtube) yesterday and last wk high and low Custom watermark with examples (good for fullscreen multicharts) can set it to show the year and week x of year Colored candles for ays of week. The theory behind these colors are that monday and tuesday set your initial balance for the week . having color seperation helps identify the balance mon-tues = initial balance :green wed +thu : blue friday: red Session boxes and daily initial balance displays the asian and european trading session as one displays the ny session first 3 hrs how to combine sessions, weekly ib, daily ib, and sessions will add pip lines 00/.50 increments at a later date
Pine Script™ indicator
by MatrixEdge
14
Market Sessions Day & Candles JRA V2.0Market Sessions Day & Candles JRA V2.0 This indicator will allow you to: - Create boxes for the Market Hours for: '♯1 SESSION TOKYO' '♯2 SESSION LONDON' '♯3 SESSION NEW YORK' You will be able to change the Hours depending your TimeFrame You will be able to extend the boxes for the Market Hours and Have Fibonacci Levels on it. - With every one of it you can change the style of Box for the Market Hours - You can show Labels for the Market hours as well other options like Price or Pips - Show the Candles for the TimeFrames depending your settings - You can change the Candles settings to be Candle or Bar - Candle Resolution on Timeframe -Maximum candles to Display -Show or Unshown Timeframes Candles -Change colors on candles Every option has a Tip to understand the function to it
Pine Script™ indicator
by JRobertAlva
4
Support Resistance Channels/Zones Multi Time FrameHello All, For long time I have been getting a lot of requests for Support/Resistance Multi Time Frame script. Here ' Support Resistance Channels/Zones Multi Time Frame ' is in your service. This script works if the Higher Time Frame you set is higher than the chart time frame. so the time frame in the options should be higher than the chart time frame. The script checks total bars and highest/lowest in visible part of the chart and shows all S/R zones that fits according the highest/lowest in visible part. you can see screenshots below if it didn't make sense or if you didn't understand Let see the options: Higher Time Frame : the time frame that will be used to get Support/Resistance zones, should be higher than chart time frame Pivot Period : is the number to find the Pivot Points on Higher time frame, these pivot points are used while calculating the S/R zones Loopback Period : is the number of total bars on higher time frame which is used while finding pivot points Maximum Channel Width % : is the percent for maximum width for each channel Minimum Strength : each zone should contain at least a 1 or more pivot points, you set it here. (Open/High/Low/Close also are considered while calculating the strength) Maximum Number of S/R : the number of maximum Support/Resistance zones. there can be less S/Rs than this number if it can not find enough S/Rs Show S/R that fits the Chart : because of we use higher time frame, you should enable this option then the script shows only S/Rs that fits the current chart. if you disable this option, all S/R zones are shown and it may shrink the chart. also you may not see any S/R zone if you don't choose the higher time frame wisely ;) Show S/R channels in a table : if you enable this option (by default it's enabled) then lower/upper bands of all S/R zones shown in a table ( even if it doesn't fit the chart ). you can change its location. zones are sorted according to their strengths. first one is the strongest. and the other options is about colors and transparency. Screenshots before and after zoom-out: after zoom-out number of visible bars and highest/lowest change and it shows more S/R zones that fits the current chart! if you see Support Resistance zone like below then you should decrease ' Maximum Channel Width ' or you should set higher time frame better: You can change colors and transparency: You can change Table location: Alerts added :) P.S. I haven't tested it so much, if you see any issue please drop a comment or send me message Enjoy!
Pine Script™ indicator
by LonesomeTheBlue
119
Auto Fibonacci Levels + Auto Trend Line generatorAnother indicator for you guys!!! This indicator consists of the 5 key Fibonacci retracement levels, plotted automatically to user input settings. I also have included an auto support/resistance trend line generator. What is a Fibonacci retracement? 'Fibonacci retracement is a method of technical analysis for determining support and resistance levels. It is named after the Fibonacci sequence of numbers, whose ratios provide price levels to which markets tend to retrace a portion of a move before a trend continues in the original direction.' - Wikipedia How to use the Fibonacci retracement? - The Fibonacci levels are default. These percentiles from price to the average of the high in a sample and low in a sample give you a guideline of where a bottom may be, where a top may be, and where a range is being created. - Look for the price to reject from 61.8% and 76.4%, and also look for price to bounce from 38.2% and 23.6%. If a lower low/higher high is made, the fib levels will follow and the percentiles within will be recalculated after a 5 candle offset period. - If you see price trending towards the lower percentiles (38&23) and using the 50% as resistance, look for a break downwards and vice versa. -This Fibonacci set as all others is subject to fake-out, always use this with another series indicator, or don't use it as a signal for entry at all (unless you have a backdated strategy) How to use the trend line generator? -The trend line generator will only plot when a lower low/higher high has taken place within the input amount of candles. It is also offset by a user amount. -The check box will give the option to have the trend line's plot or not. - If you see a green/red dot it means that that will be your first coordinate for the trend line, and until the computations are complete it will give you an idea of which direction it will be in (resistance or support) -When opening this indicator zoom out all the way to connect any trend lines that do not load automatically. Let me know if you have any questions, suggestions or issues! Thank you everyone! -Cheatcode1 :) SP:SPX TVC:DXY BMFBOVESPA:EUR1! CME:BTC1! BINANCE:BTCUSDT
Pine Script™ indicator
by CheatCode1
13
Pivot BreaksThere are built-in and published Pivot Point High Low indicators in Public Library. As far as I see none of them show the breaking candles or the trend. with the closing price crossing over the previous / current pivot high A bearish breakOut can either indicate the progression of a lower high pattern or a trend reversal with the closing price crossing under the previous / current pivot low A bullish breakOut can either indicate the progression of a higher low pattern or a trend reversal This indicator can show the first breaking candle or all breaking candles . It Can also show The Breaking state (Trend) based on the last break. Alert Mode is included, colour can be customised, Higher TimeFrame can be requested (it Can also cause repainting) Inputs are optional as possible so have fun with it Disclaimer: Scripts that I post publicly are experimental. They are not financial advices. Always backtest your ideas using your own methodologies.
Pine Script™ indicator
by sosso_bott
3
MTF Fair Value Gap Indicator ULTRAFVG Fair Value Gap Indicator FVG's commonly known as Fair Value Gaps are mostly in use for forex trading, however it’s been widely used in price action trading, even on regular large cap stocks. Think of it as an imbalance area where the price of the stock may actually be under/over valued due to many orders being injected in a short amount of time, ie . a gap caused by an impulse created by the speed of the price movement. In essence, the FVG can become a kind of magnet drawing the price back to that level to attempt to balance out the orders (when? we don't know). Please do research to understand the concept of FVG's. You can look for an opportunity as price approaches the FVG for entry either long/short because after all, it is an "Area of Interest" so the price will either bounce or blow through the area. No indicator works 100% of the time so take in context as just another indicator. It tends work on larger time frames best. IMPORTANT TV RELATED LIMITATIONS: You should take the time to understand the following. A MAXIMUM of 500 boxes and labels are allowed, thus if you elect to display many different time frames of FVGs and/or select to not auto delete old Daily FVGs, the oldest FVGs will be deleted and not be seen. Additionally if you are on a smaller chart time frame (1 min), you may not see older FVGs such as Daily ones that occurred and still exist from long ago. This is due to TV limitation of 20,000 candles of history in each chart timeframe. Example: A 1 minute chart supports approximately 14 days worth of data so looking for Daily FVGs would only go back that far, whereas if your chart was set to 5 minutes you'd be able to see 5 times as many, ie . 60 days worth of Daily FVG's. Obviously setting your chart and looking for Daily FVG's would support up to 20,000 days worth. The Indicator Provides many different features: *Creation of FVG's for all hours or just during market hours. Currently you can enable FVG’s for the following timeframes: Current chart timeframe, 5Min, 10Min, 15Min, 1Hr, 4Hr, 8Hr, Daily, Weekly, Monthly. *Text label displays overlaying FVG bands including creation timestamps. * Bands reflecting FVG's in action (created/deleted) for the current chart time frame, 15min, 1hr, 4hr, 8hr and daily time frames. The FVG's will be overlayed on the chart if enabled. *Mitigation Action - Normal - When FVG is balanced out by price action, the FVG will disappear. Dynamic - The FVG band will decrease as the price movement eats into it thus only showing the remaining imbalance. None - For those that wish to retain FVG's even if they were mitigated. Half - FVG’s disappear when the price intrudes 50% of the overall FVG band zone. *Mitigation Type - The elimination or balancing of the FVG is caused by either the candle wick or body passing completely through the FVG. *Maximum FVGs - A maximum number of FVGs are created for each different enabled time frame (be aware setting a large number could impact system performance). *All FVG band colors can be customized by the user. * All FVG bands auto extend to the right. * Intrusion Alerts - Trading View alerts are supported. You can use the indicator settings to enable an alert if the price intrudes into the FVG zone by a certain percentage. This is not related to mitigation or removal of the FVG, just a warning that price has reached the area of interest.
Pine Script™ indicator
by PapaAlan
150
Multi TF Trend Indicator ...Mark Douglas in his book Trading in the Zone wrote The longer the time frame, the more significant the trend, so a trending market on a daily bar chart is more significant than a trending market on a 30-minute bar chart. Therefore, the trend on the daily bar chart would take precedence over the trend on the 30-minute bar chart and would be considered the major trend. To determine the direction of the major trend, look at what is happening on a daily bar chart. If the trend is up on the daily, you are only going to look for a sell-off or retracement down to what your edge defines as support on the 30-minute chart. That's where you will become a buyer. On the other hand, if the trend is down on the daily, you are only going to look for a rally up to what your edge defines as a resistance level to be a seller on the 30-minute chart. Your objective is to determine, in a downtrending market, how far it can rally on an intraday basis and still not violate the symmetry of the longer trend. In an up-trending market, your objective is to determine how far it can sell off on an intraday basis without violating the symmetry of the longer trend. There's usually very little risk associated with these intraday support and resistance points, because you don't have to let the market go very far beyond them to tell you the trade isn't working. The purpose of this indicator to show both the major and minor trend on the same chart with no need to switch between timeframes Script includes timeframe to determine the major trend price curve, close price is default, but you can pick MA you want type of coloring, either curve color or the background color Implementation details major trend is determined by the slope of the price curve Further improvements a variation of techniques for determining the major trend (crossing MA, pivot points etc.) major trend change alerts Thanks @loxx for pullData helper function
Pine Script™ indicator
by beskrovnykh
(Quartile Vol.; Vol. Aggregation; Range US Bars; Gaps) [Kioseff]Hello! This indicator is a multifaceted tool that's, hopefully, useful for price action and volume analysis. (This script makes use of the newly introduced "text_font" parameter) With this script you'll have access to: Range US Chart Volume Aggregation Chart Gaps Chart Volume by Quartile Consequently, you'll have access to: First Quartile Volume Threshold Second Quartile Volume Threshold Third Quartile Volume Threshold 90th Percentile Volume Threshold Fourth Quartile Volume Threshold Q2 - Q1 Dispersion Q3 - Q2 Dispersion Q4 - Q3 Dispersion Quartile Deviation Interquartile Range Avg. "n" bar return following "high" volume Avg. "n" bar positive return following "high" volume Avg. "n" bar negative following "high" volume # of Positive Returns Following a Gap # of Negative Returns Following a Gap # of Gaps # of Up Gaps # of Down Gaps Average # of bars to fill Up Gaps Average # of bars to dill Down Gaps Average Gap Up % increase Average Gap Down % decrease Cumulative % increase of all Up Gaps Cumulative % decrease of all Down Gaps Sort gaps by distance from price Hide gaps that price substantially deviates from (gaps will reappear when price trades near the gap) Segment Range US bars by date Manually configure Range US price thresholds Identify "congestion" areas with Range US bars Range US Levels that must be exceeded for a new Range US bar to produce Manually configure cumulative volume threshold for Volume Aggregation bars Segment Volume Aggregation bars by date Largest Volume Aggregation bar increases Largest Volume Aggregation bar decreases Calculate log returns after "high" volume sessions Quartile Volume The Quartile Volume portion of the script segments price/volume intervals by quartile. The image above shows features of the indicator. For statistics, the following metrics are recorded: First Quartile Second Quartile Third Quartile 90th Percentile Fourth Quartile Q2 - Q1 Dispersion Q3 - Q2 Dispersion Q4 - Q3 Dispersion Quartile Deviation Interquartile Range Color-coordinated price bars (by volume quartiles) The percent rank for the volume of the current bar Avg. "n" bar return following "high" volume Avg. "n" bar positive return following "high" volume Avg. "n" bar negative following "high" volume The script colors bars via gradient. By default, bars are colored lime when volume for the interval is "high" (exceeds upper quartile thresholds). The greener the bar, the higher the volume for the interval. Bars are colored red when volume for the interval is "low" (fails to exceed lower quartile thresholds). The redder the bar, the lower the volume for the interval. Naturally, brownish-colored bars reflect a volume interval that concluded near the median. The image above exemplifies the process. This feature might be useful to categorize / objectively define high-volume clusters, low-volume clusters, high-volume price moves, low-volume price moves, etc. For greater precision, you can select to color bars by volume quartile they belong to. The image above shows color-coordinated price bars. More details shown in the image. Additionally, you can select to plot the quartile/percentile that a price bar belongs to on the chart. The image above shows price bars numbered by the volume quartile they belong to. The script will distinguish successive 90th percentile violations, superimpose a linear regression channel atop the data sequence, and record pertinent statistics. The image above shows the process. Lastly, the user can plot an anchored VWAP using a built-in time function. The image above shows the anchored VWAP. Range US Chart A Range US chart operates irrespective of time and volume - simply - bars produce after a user-defined price move is achieved/exceeded in either direction. A range us chart produces “trend candles” and “reversal candles”. A reversal candle always moves against the most immediate bar; a trend candle always moves in favor of the most immediate bar. The user defines the dollar amount price must travel up/down for a trend candle to fulfill, and for a reversal candle to fulfill. Note: if a “down reversal” candle (red) Is produced, it’s impossible for the next candle to also be a down reversal candle - for the downside move to continue the criteria for a down trend candle must be fulfilled. Similarly, if an “up reversal” candle (green) Is produced, it’s impossible for the next candle to also be an up reversal candle - for the upside move to continue, the criteria for an uptrend trend candle must be fulfilled. Consequently, Range US bars frequently trade at the same level for extended periods. This is intentional, as this chart type is theorized to “filter noise” (whether Range US charts fulfill this theory is to your discretion). Lastly, if an up trend candle (green) is produced, the next candle cannot be up a reversal up candle - only a trend up candle or reversal down candle can produce - vice versa for a trend down candle (the subsequent candle cannot be a reversal down candle). In this sense, an uptrend continues on successive trend up candles; a down trend continues on successive trend down candles. The image above exemplifies Range US chart functionality. The lower-right stats table shows the requisite price move for a "Trend" candle to produce and for a "Reversal" candle to produce. The default settings for this chart time automatically calculate the required "Trend" candle price move and the required "Reversal" candle price move. However, both settings are configurable. The image above shows manually configured parameters for a trend bar and reversal bar to produce. This feature allows the user to replicate the Range US chart hosted on extrinsic charting platforms. However, please consider that this script does not use tick data; 1-minute OHLC data is used for calculations. Consequently, configuring the trend bar and reversal bar requirement too low may return inaccurate data. For instance, if you set trend candles to form after a $1 price move then trend candles will form if price moves up $1 from a green Range US bar or down $1 from a red Range US bar. This is sufficient for lower priced assets; however, if you were trading, for instance, Bitcoin - a $1 price move can happen numerous times in one minute. This script can’t plot bars and record data until a 1-minute bar closes and a new 1-minute bar opens. Further, if Bitcoin moves up $1 twenty times and down $1 twenty times in a 1-minute bar - your Range US chart will record such variations as one price move. This data is inaccurate and likely useless. To counter this quandary, a warning message will appear if you configure trend bar price moves or reversal bar price moves too low. The image above shows the concealable warning message. The image above is a flow diagram (made with shaky hands) illustrating the Range US bar formation process. A google search will return additional information on the Range US chart type. Volume Aggregation Bars TradingView user and member of the TradingView Discord server @ferreirajames informed me of the Volume Aggregation chart type. The user commented in the "Suggestions" channel for the TradingView Discord server asking for the Volume Aggregation chart type. As an interim fix, I tried my hand at recreating the process, which is available in this script. Similar to the Range US chart type, Volume Aggregation bars aren’t bound to a time-axis; the bars form after a user-defined, cumulative amount of volume is achieved or exceeded. Consequently, once the cumulative amount of volume is achieved or exceeded - a bar is produced at the corresponding price level. Underlying theory: The chat type is conducive to identifying price levels where traders are “trapped”. Whether the process adequately distinguishes this circumstance is to your discretion. The image above exemplifies the Volume Aggregation chart type. Regardless of the current price, Volume Aggregation bars for after a requisite amount of volume is achieved/exceeded. Tick data isn't used; therefore, remainder values are carry over. By default, the script automatically calculates a proportional cumulative volume total to dictate the formation of Volume Aggregation bars. However, the cumulative threshold is configurable. The image above shows Volume Aggregation bars forming subsequent a user-defined cumulative volume total being exceeded. Note: This chart type uses OHLC data from the timeframe of your chart. Therefore, for instance, setting the volume threshold too low will produce inaccurate, useless data. A warning message will appear for such occurrence. Gaps The indicator incorporates a "Gaps" chart type. The image above shows accompanying features. A list of all unfilled gaps is accessible - gaps for this list are sorted by distance from current price. Partially filled gaps are displayed in the corresponding gap box - the percentage amount the gap was filled is also displayed. Gap statistics show: # of Gaps # of Up Gaps # of Down Gaps Average # of bars to fill Up Gaps Average # of bars to dill Down Gaps Average Gap Up % increase Average Gap Down % decrease Cumulative % increase of all Up Gaps Cumulative % decrease of all Down Gaps Naturally, there may be gaps formed thousands of bars ago that aren't close to price. Showing these gaps on the chart will "scrunch" the y-axis and make prices indistinguishable. I've added a setting that allows the user to hide gaps that are "n" % away from the current price. The gap, if unfilled, will reappear when price trades within the user-defined percentage. The image above shows an example. There's an unfilled down gap that's "hidden" because the current price is a further % away from price than what I've specified in the settings (1%). When prices trade back within 1% of the gap - it will reappear. The image above shows the process in action. Prices moved back within 1% (can be any %) of the gap; therefore, it reappeared on the chart. You can also set the % distance a gap must achieve for it to be considered a gap, recorded and plotted. Additionally, you can select to "visualize" gaps. Similar to the Range US chart and the Volume Aggregation chart, this setting will bars reflecting the most recent sequence of gaps - date and percentage distance of the gap are superimposed atop the bar. Let me know if there's anything else you'd like included! Note: The initial compilation time for this script is.... high. However, once the script's compiled, calculation load times are quick and you can sift through assets and timeframes relatively quick. There's also a setting to "Improve Load Times" in the user-inputs table. This setting only improves the load times for post-compilation calculations and plots. The initial compilation load time is unchanged. Simply, once the indicator has "first loaded", all subsequent loads are quick. Thank you! (:
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All-In-One Sessions, Weekly, Monday, Previous Highs/LowsWe are forever drawing key levels on our charts with saved drawing templates, but finding the levels, adding the labels, is all tedious stuff. We have indicators, but we have multiple different ones at a time. What if you could just tick a box on/off? Well now you can. This all in one 'levels' indicator is designed to show all the key highs and lows from previous weeks, Monday, the current week, as well as an option to highlight the market sessions and their highs and lows. There are lots of options available for extending lines and choosing their colors, so once you have set it up how you want, don't forget to save YOUR defaults. Oorah.
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by Texmoonbeam
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Crypto Portfolio ManagementCrypto Portfolio Management This is an indicator not like the other ones that you regularly see in tradingview. The main difference is that this indicator does not plot a value for each candle bar like you would see with RSI or MACD. Actually it is table and it just uses tradingview great database of assets to plot some valuebale information that can not be found elsewhere easily. These metrics are some basic one that is used by portfolio managers to decide what they want to hold in their portfolio. The basic idea is that you should hold assets in your basket that are less correlated to the benchmark. Benchmark in traditional context refers to main market indices like S&P 500 of US market. But they already have a lot of tools available. My effort was for crypto investors who are trying to rebalance their portfolio every month or week to have some good metrics to make decision. Because of this I used Bitcoin as crypto market benchmark. So, everything is compared to bitcoin in this script. I’m gonna explain the terms that is used in the table’s columns below. MAKE SURE YOU PUT YOUR CHART AT DAILY AND AT THE MAXIMUM AVAILABLE DATA EXCHANGE. Y-Exp This is yearly expected return of the asset. It is simply the mean of the yearly returns of the asset. (these calculations are not typical in Tradingview because mainly we calculate on each bar and give value at the same bar but here this value to change once a year). Remember that the higher this value is the better it is because historically the asset have shown good returns but there is a tip: Always check the available historical data in any asset that you are adding if you add an asset that has only 1 year of data available or you use an exchange data that recently added the coin you will get unsignificant results and the results can not be trusted. You should always selects coins and market (coins can be changed in setting) that have the largest data available. Y-SDev This is a little bit complicated than the previous. This is the standard deviation of the yearly returns. This is a classic measure of RISK in financial markets. The higher the value, the more risk is involved with the asset that you have added. If you added two assets that have same returns but different Standard deviations, the rational thinker should choose the asset with lower Standard deviation. The standard deviation is a good place to start but there are some considerations to have -it is getting complicated and average user should not be involved with these terms and can ignore the next phrases- standard deviation and mean of the yearly returns are random variables, these variables have a theoretical probability density function and these functions are not gaussian normal distribution. Because of this in the professional usage these returns should be transformed to a normal distribution and have all these terms calculated there and then transform back to its own normal state and then be used for any serious investment decision. I think these calculations can be done on Tradingview but I need you support to do this in the form of like and share of my scripts and ideas. M-Exp and M-SDev These terms are like the previous ones but it is calculated on monthly returns. As it goes for yearly return, the monthly returns change once a monthly candle closes. So be patient to use this indicator. I highly recommend not to make decisions on monthly data due to a lot of noise involved with this market but in long run it is ok. So go with yearly returns and wait at least for 3 years to see your results. CorToBTC Basically you want to buy something that is less correalted with the benchmark. this is the correlation of the asset to bitcoin. Sharpe Ratio This is one of the most used metric as a risk adjusted return measurment. you can google it for more information. The higher this value the better. remmeber with any invenstment it is important to understand risks associated with the assets that you are buying. DownFromATH This metric that I didn't see anywhere in the tradingview and is familiar in the platforms like coinmarketcap. this is a real calculation of precentage down from ATH (All Time High). it means how much percentage a coin is down from the maximum price that the asset has experienced until now. *** Remember you can change all the asset except main asset. If you like this script to 500 I will update this continuously.
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by farzinsabbagh
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Mark LevelsMark Levels is marking liquidity pools by drawing lines on their pivots and labelling them so that you can instantly detect them on your realtime chart It supports: - marking previous and current day lows and highs - marking previous and current week lows and highs - marking previous and current month lows and highs - marking equal lows and highs technically it re-builds them on the last bar or as soon as new realtime bar is updated. it looks with 1k bars back to find higher timeframe ranges and find lows and highs there Adjustments: - changing the line style of the group - changing the lines color and the labels on the groups - currently pools are split on 2 groups Period Liquidity and Equal Pivots Liquidity.
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Unraided Liquidity and S/R PivotsThis indicator is designed to show key pivot points, also known as levels, which could provide good trade entries. Utilising liquidity concepts, untested pivot levels can be a good place to enter a trade after the pivot is tested, liquidity is taken and the direction reverses. Alternatively, utilising the option of viewing already tested levels, you can easily see the key support and resistance areas that price is likely to have a strong reaction to, whether it wants to go toward or bounce away from these levels. The indicator does not give buy and sell signals, it is up to you to use the levels to form your trading plan. Oorah.
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by Texmoonbeam
15
Digital Nivesh: Trend TrackerThis indicator is nothing but combination of Magic Trend and Super trend written by KivancOzbilgic So credit goes to him. I have just added some extra functionality which are below: 1. Multi time frame, magic trends time frame can be different from supertrend by changing shortTimeFrame 2. Dynamic time frame, u can change supertrends time also Best usage is to use Magic Trend on 1 lower time frame than supertrend. eg. Suppose ur current chart is on 5 min time, ur supertrend will be displayed with current time on chart(which can be changed also using MTF Tradingview feature), u need to keep shorterTimeFrame on lower value such as 3min . For any question , feel free to drop comment.
Pine Script™ indicator
by digitalnivesh
1
Triple RSI strategyThis strategy is commonly used both in forex and stock markets for reversal trading. when the rsi line reaches and crosses simultaneously at 3 rsi setups i.e at 7, 14, and 21, a signal is generated. This strategy works best in 1-hour timeframe. It provides over 60 to 80 percent accuracy in 1-hour timeframe. In the stock market, this strategy provides an excellent entry point, if one is seeking small profits. One can expect to make around 10 to 50 pips in the forex market easily. However, I advise seeking support from price action from the lower timeframe in the forex market. I hope you like it. Follow for more strategies and scripts like this.
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by Trade_by_DB
Opens, Closes, Highs and Lows.Hello Traders, the script below is designed to display the monthly, weekly, previous days' and current days' open, close, high and low. I designed it to assist in top down analysis by knowing the monthly and weekly opens and closes it makes it a lot easier to make trading decisions on the lower timeframes. As the user you can choose which price values you'd like displayed on the chart by selecting them in the user inputs. Enjoy!!
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1
MTF MACD BarOVERVIEW This indicator shows MACD(Moving Average Convergence/Divergence) is up or down, represented by a bar. This indicator is compatible with MTF. CONCEPTS What do you want to know about market analysis? Do you want a hard analysis? You can look for it. All I want to know is whether the commonly known technical analysis is 'UP' or 'DOWN'. All I want to know is whether the current market price is going up or down. Not only for the current, but also for the monthly, weekly, and daily status. I want to make a decision in a moment. Without even thinking about it. That is why I created a color-coded bar indicator to show the status. No need to frown anymore. DETAILS You need more information about MACD, click here. tradingview.com MACD histogram Green ⇒ Bar is green. MACD histogramRed ⇒ Bar is red.
Pine Script™ indicator
by FX_masa
1