Indicator Description: Smart Candle Size The Smart Candle Size is a technical indicator designed for traders who seek to analyze market momentum and optimize their strategies based on candle size, trend direction, and risk management parameters. This indicator combines several analytical tools to offer a deeper understanding of price movements, facilitating...
***READ THIS FIRST**** THE MASTER PATTERN Indicator USER AGREEMENT *** The personal/private use of this indicator is allowed, commercial use is FORBIDDEN. ***Commercial use will be interpreted as taking advantage of the free indicator in order to profit from it, for example: as part of any courses or...
Advanced ADR/AWR/AMR indicator created for Traders Reality community, as well as the greater trading community. Thanks to the TR community discord guys: infernix, peshocore and xtech5192 Everything is modular and can be turned on/off, including a customisable table showing daily/weekly/monthly average pips/dollars. If you just want the average daily range lines...
After daytrading for a while i came into conclusion that price action trading is the most successful way to trade for me and this project was for me to simplify my way of trading at the beginning. Eventually it got big and turned into a very useful helper indicator for me to setup on different pairs for alerts and only look at the charts to decide for entry when...
This script is based on the portfolio rebalancing strategy. It's designed to work with cryptocurrencies, but it can work with any market. How portfolio rebalance works? Let's assume your initial capital is $1000, and you want to distribute it into 4 coins. This script takes the USDT as the stable coin for the initial money, so in case you want other currency,...
Special indicator for stock but you can try another instrument. Trend determination and buy/sell signals are using the Alligator system from Bill Williams . To get maximum profit, the system uses the trailing stop technique using Average True Range (ATR) with 4 moving average options (RMA, SMA , EMA , WMA ). Please leave comments if any...
FX Sessions - All In One This Script offer a wide variety of goodies SESSION OPEN it will draw a line for the TOP, MID and LOW of the asian session (you can adjust the hours of the session) It will draw a line for the TOP and LOW of the London Session (you can adjust the hours of the session) It will draw a line for the TOP and LOW of the NY Session (you...
An indicator to backtest and create automated Smart Rebalance strategies. The strategy tries to beat holders while keeping your portfolio repartition stable. Configure the indicator to receive alerts for several pairs at a choosen rebalance time frame. ═════════════════════════════════════════════════════════════════════════ █ HOW IT WORKS Here is an...
The Smart Oscillator Premium indicator is a clever oscillator that helps you estimate the direction of trends. It is adaptive to a variety of markets and timeframes and provides rich and colorful visuals using a vibrant color scheme. Aiming to keep things simple, the oscillator only needs one parameter, the length of your base moving average, which defaults to...
This indicator provides back-tested signals and alerts from multiple technical indicators. No more guessing whether or not you should trust an indicator. See your indicators' past performance at a glance. No more false alarms. Disable re-painting of signals. When multiple indicators overlap, a Confluence indicator will print (large triangle). With your...
This indicator starts by plotting each time the price action crosses above or below the EMA, of which you can tune the timeframe and duration. It then takes it a step further and plots whether or not that indicator would have given you a profitable trade, of which you can also tune the parameters (Max wait time, and % Profit). Once you have your EMA tuned to...
It came to my attention that one very common implementation of SMI was incorrect; rather than subtracting the first hour delta and adding the last hour delta it subtracts the whole day delta and adds the last 30m delta. While this indicator might have had some use, it is not what I understand to be the actual Smart Money Index and so I post this as a correction...
Relative Strength Index is a common technical analysis tool, it is classified as a momentum oscillator, measuring the velocity and magnitude of directional price movements. it is most typically used on a 14-period timeframe, measured on a scale from 0 to 100, with high and low levels marked at 70 and...
Moving Averages (Self-Adjusting Parameters for Highest Profitability) It is a dual moving average crossover system - Smart Moving Averages . Moving averages are used to identify current price developments and the potential for a change in an established trend. The crossover in a dual moving average system can be used as a trigger to buy or to sell an asset, or...
SuperTrend (Self-Adjusting Parameters for Highest Profitability) The SuperTrend is a trend-following indicator. It works best when it is used along with other indicators. It performs well in trending markets and can give false signals in volatile markets. It becomes Smart when its Multiplier and Period parameters are automatically detected . •...
This is a full-fledged implementation of a system presented in an unique research paper 'Profitability of Candlestick Charting Patterns in the Stock Exchange of Thailand' (2017) on candlestick charting, candlestick patterns, trend identification methods, and testing. You can easily find this paper in the Web. For example, visit: www.researchgate.net This script...
This is a labelling module based on a range filter . Notice that the trick here is to use fibonachi numbers . Use smaller range multiplier for higher TFs. This module may serve as a signal generator to be passed through a signal filter. Quote from the original author: This is an experimental study designed to filter out minor price action for a clearer view...
Oftentimes a single look at the candlestick configuration happens to be enough to understand what is going on. The chandlestick function is an experiment in smart labelling that produces candles for various time frames, not only for the fixed 1m, 3m , 5m, 15m, etc. ones, and helps in decision-making when eye-balling the chart. This function generates up to 12 last...