mertenes3

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Introduction The Swiss Knife indicator is a comprehensive trading tool designed to provide a multi-dimensional analysis of the market. By integrating a wide array of technical indicators across multiple timeframes, it offers traders a holistic view of market sentiment, momentum, and potential reversal points. This indicator is particularly useful for traders...

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The "All Patterns" indicator is a comprehensive tool designed for traders to identify various technical patterns on charts, helping to signal potential market movements. This indicator is a compilation of several algorithms and scripts, including notable ones like "Cup Finder" by LonesomeTheBlue, "Wedge and Flag Finder (Multi - zigzag)" and "Auto Harmonic Patterns...

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Functionality and Key Features Volume Momentum Using MACD: This indicator calculates the MACD based on smoothed volume changes. By using the difference between two moving averages of volume (short-term subtracted from long-term), it highlights significant shifts in volume momentum, which are essential for confirming trend strength and sustainability. ...

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when the backgorund is blue it represents there is an macd histogram of momentum is positive which means there is an increasing volume on the market for short term. Green and Red dots represent the macro trend direction by utilizing fractals and price's relative behaviour to them.

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Volume is a critical yet often overlooked component that corroborates the strength or weakness of price movements. By adjusting candlestick formations to account for volume, we develop a volume-weighted candlestick that offers a more accurate representation of market dynamics. This approach does not merely track when and where prices move but emphasizes the...

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The Momentum Screener is a custom indicator built for TradingView that provides a consolidated view of several momentum-based indicators across multiple trading symbols. It's designed to help traders quickly assess the overall sentiment of different assets using indicators like MACD, Awesome Oscillator (AO), Parabolic SAR, Supertrend, and Detrended Price...

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The Cumulative Volume Delta Divergence is an indicator that helps traders visually assess the buying and selling pressures in the market by analyzing volume divergences over time. This indicator overlays directly on the price chart, offering insights into how volume shifts correlate with price movements. Utility and Trading Benefit Divergence Detection The...

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The "Market Direction" indicator combines four advanced sub-indicators to provide a comprehensive and multi-dimensional analysis of market trends, momentum, and potential reversals. This innovative approach leverages different aspects of price action, volume, and market sentiment, offering traders an in-depth view of market conditions. 1. Fractal Indicator:...

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Main Concept The core idea behind the Super Trend Reversals indicator is to assess the momentum of automated trading bots (often referred to as 'Supertrend bots') that enter the market during critical turning points. Specifically, the indicator is tuned to identify when the market is nearing bottoms or peaks, but just before it shifts direction based on the...

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Key Features and Utility: Intrabar Focus: Unlike standard VWAP, which provides a cumulative average throughout the day, the Intrabar VWAP focuses on volume-weighted price calculations within shorter time frames. This allows traders to see how price and volume interact moment-to-moment, offering a granular view of market sentiment. Market Pressure Analysis: The...

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Fractal Analysis Fractals in trading help identify potential reversal points by marking significant price changes. Our strategy calculates a "fractal value" by comparing the current price to recent high and low fractal points. This is done by evaluating the sum of distances from the current closing price to the recent highs and lows. A positive fractal value...