The Anchored Monte Carlo Shuffled Projection tool randomly simulates future price points based on historical bar movements made before a user-anchored point in time. By anchoring our data and projections to a single point in time, users can better understand and reflect on how the price played out while taking into consideration our random simulations. 🔶 USAGE...
Introducing "The Next Pivot (With History)"! With permission from the author @KioseffTrading The script "The Next Pivot" has been restructured to show historical projections! Features Find the most similar price sequence per time frame change. Forecast almost any public indicator! Not just price! Forecast any session i.e. 4Hr, 1Hr, 15m, 1D, 1W ...
Introducing the Pivot Profit Target! This script identifies recent pivot highs/lows and calculates the expected minimum distance for the next pivot, which acts as an approximate profit target. The image above details the indicator's output. The image above shows a table consisting of projection statistics. How to use The Pivot Profit Targets can be...
The Historical Price Projection tool aims to project future price behavior based on historical price behavior plus a user defined growth factor. The main feature of this tool is to plot a future price forecast with a surrounding area that exactly matches the price behavior of the selected period, with or without added drift. Other features of the tool...
The "MA+ Projection" indicator is designed to visualize the potential future direction of a moving average, taking into account the impact of historical data loss. It is primarily aimed at providing a practical perspective on how moving averages could evolve as older data points are no longer considered. Key Features: Supported Moving Averages: SMA, EMA,...
Overview: Support and Resistance is normally based upon Pivot Points and Highest Highs and Lowest Lows. Many times coders even incorporate Volume, RSI and other factors into the equation. However there may be a downside to doing a pure technical approach based on historical levels. We live in a time where Machine Learning is becoming more and more used; thus we...
Overview: YinYang Bar Forecast is a prediction indicator. It predicts the movement for High, Low, Open and Close for up to 13 bars into the future. We created this Indicator as we felt the TradingView community could benefit from a bar forecast as there wasn’t any currently available. Our YinYang Bar Forecast is something we plan on continuously working on to...
The "Inverted Projection" indicator calculates the Simple Moving Average (SMA) and draws lines representing an inverted projection. The indicator swaps the highs and lows of the projection to provide a unique perspective on price movement. This indicator is a simple study that should not be taken seriously as a tool for predicting future price movements; it is...
Tool to visualize your favored sessions for the day ahead (4x custom sessions) -Input four custom sessions; they will be projected into the next day. -Toggle on/off each session independently. -Adjust multiplier UP to show more days of history (setting 0 = tomorrow only; setting 1 = today and tomorrow). -Increase number from 1>>125 to show historical...
Projecting Week and Day boxes forward into the future, as an aide in framing the shape/profile of the coming week(s)/day(s). ////user inputs//// ~toggle on/off daily and/or weekly boxes. ~input number of 2week blocks or number of 2day blocks to project forward. ~independently format colors and opacities of weekly and daily boxes. ~toggle on/off day-of-week...
Still experimental. Extending further on the divergence backtest results - in this script we try to project next 2 pivots (including one unconfirmed pivot) 🎲 Previous experiments 1. Divergence-Backtester 2. Divergence-Backtester-V2 🎲 Additions Apart from collecting the stats on number of occurrences of HH, HL, LH, LL - this script also keeps track of...
█ OVERVIEW This indicator was to show ratio between zig zag. Ideally to find Fibonacci Retracement / Projection, Harmonic Patterns, ABCD, Elliot Wave and etc. █ CREDITS LonesomeTheBlue █ FEATURES Table can positioned by any position and font size can be resized. █ USAGE / TIPS EXAMPLES (Description explained in each image)
Advanced Donchian Channels displays future donchian channel values based on the current information on the chart. It displays a normal donchian channel at the specified user length with the future values extending from the current bar. Depending on the direction of price movement, these values do not repaint. It is known when it does and does not repaint, and the...
█ OVERVIEW This indicator was designed based on Harmonic Trading : Volume One written by Scott Carney. This is about harmonic ratios which expanded through retracement and projection. Derivation is pretty much explained here such as Primary, Primary Derivation, Secondary Derivation and Secondary Derivation Extreme. Derivation value depends on minimum...
The Leavitt Projection indicator was created by Jay Leavitt (Stocks and Commodities Oct 2019, page 11), who is most well known for creating the Volume-Weighted Average Price indicator. This indicator is very simple but is also the building block of many other indicators, so I'm starting with the publication of this one. Since this is the first in a series I will...
Due to popular demand, I'm pusblishing Fourier Extrapolator of Price w/ Projection Forecast.. As stated in it's twin indicator, this one is also multi-harmonic (or multi-tone) trigonometric model of a price series xi, i=1..n, is given by: xi = m + Sum( a*Cos(w*i) + b*Sin(w*i), h=1..H ) Where: xi - past price at i-th bar, total n past prices; m - bias; ...
EXPERIMENTAL: Auto adjusting regressive channel with projection. Linear regression is a linear approach to modeling the relationship between a dependent variable and one or more independent variables. In linear regression , the relationships are modeled using linear predictor functions whose unknown model parameters are estimated from the data. Disclaimer...
This indicator is created on top of existing Zigzag indicator . The projection channel starts at the end of the last ZigZag line. Disclaimer Success in trading is all about following your trading strategy and indicators should fit into your own strategy, and not be traded purely on. This script is for informational and educational purposes only. Use of the script...