Daytrading — Indicators and Signals — TradingView — India (2024)

█ Overview The Optimal Buy Day (Zeiierman) indicator identifies optimal buying days based on historical price data, starting from a user-defined year. It simulates investing a fixed initial capital and making regular monthly contributions. The unique aspect of this indicator involves comparing systematic investment on specific days of the month against a...

█ Overview The Day/Week/Month Metrics (Zeiierman) indicator is a powerful tool for traders looking to incorporate historical performance into their trading strategy. It computes statistical metrics related to the performance of a trading instrument on different time scales: daily, weekly, and monthly. Breaking down the performance into daily, weekly, and...

▋ INTRODUCTION : The “ATR Levels” produces a sequence of horizontal line levels above and below the Center Line (reference level). They are sized based on the instrument's volatility, representing the average historical price movement on a selected higher timeframe using the average true range (ATR) indicator._______________________ ▋ OVERVIEW: ...

Indicator draws several most important intraday levels: last day RTH high/low, ETH high/low, Half Back, Day Close and current day RTH Day Open. These levels often act as support/resistance for intraday price movements. Also, they can help to assess day character and control of power.Indicator can be used for ETH + RTH sessions. Important notes: •User must...

✡ Best exit points throughout a flat or bearish market, which can be interpreted as short opportunities at the peak of a bearish swing;✡ Can be used on pair with the Unicorn Buyer for scalps or understanding the general sentiment.✡ All of my tech filters crypto signals and drops them free on my Telegram .

- The script calculates the high and low ranges based on the specified session time, such as the Asia Liquidity session.- It uses the timeinrange function to determine if the current bar is within the specified session.- High and low values are updated based on whether the current high or low surpasses the previous values within the specified session.- The...

Introduction: Opening Range & Prior Day High/Low indicator is an easy to use day traders tool. This indicator automatically plots the previous days high and low, as well as drawing a box from the opening range that the user specifies in the settings. These two together can help provide an indication of market sentiment and price trends for the day. They are...

This indicator provided here is for identifying swing-based support and resistance levels. It uses two swing lengths, which can be adjusted by the user, to identify swings in the price data. For each swing length, the script calculates the support level as the low of the swing if the trend is up, or the high of the swing if the trend is down. It then plots the...

For day traders, establishing a trend at the start of the day is critically important for setting targets and entering positions. This can be difficult when traditional moving averages lag from previous days, causing late entry and/or incorrect trend interpretation.The Day Trader's Anchored MA indicator plots three dynamic moving averages which restart on each...

This script produce a volatility histrogram by bar with the current volatility overlayed.The histogram shows cumulative average volatility over n days.And the dots are todays cumulative volatility.In other words, it calculates the True Range of each bar and adds it to todays value.This script is build for intraday timeframes between one and 1440 minutes...

LNL Trend System is an ATR based day trading system specifically designed for intra-day traders and scalpers. The System works on any chart time frame & can be applied to any market. The study consist of two components - the Trend Line and the Stop Line. Trend System is based on a special ATR calculation that is achieved by combining the previous values of the 13...

A common problem experienced by short term traders using DMI/ADX is that the session breaks results in carry-over effects from the prior session. For example, a large gap up would result in a positive DMI, even though momentum is clearly negative. Note the extremely different results in the morning session, when the gap is reversed. The DMI-FLEX algoritm...

High of Day (HoD) & Low of Day (LoD) hourly timings: Statistics. Time of day % likelihood for high and low. //Purpose: To collect stats on the hourly occurrences of HoD and LoD in an asset, to see which times of day price is more likely to form its highest and lowest prices. //How it works:Each day, HoD and LoD are calculated and placed in hourly 'buckets'...

The strategy combines three indicators: Exponential Moving Average (EMA), Weighted Moving Average (WMA), and Average Directional Index (ADX).The EMA and WMA are used to track the average price over different time periods.The ADX measures the strength of a trend in the market.The strategy generates buy signals when the EMA is higher than the WMA and the ADX...

Tool to show typical pip-grade/ handle-grade sweep distance above pivot highs and pivot lows -In consolidation/ranging periods (i.e. most of the time); Highs/Lows may by swept by fairly consistent distances in typical stop raids.-Idea is from ICT teaching on typical Pip-grade sweeps in FX (10,20,30pips). Designed to work on FX, Indices, Commodities,...

TMO - (T)rue (M)omentum (O)scillator) MTF Scalper VersionTMO Scalper is a special custom version of the popular TMO Oscillator. Scalper version was designed specifically for the lower time frames (1-5min intraday scalps). This version prints in the signals directly on top of the oscillator only when the higher aggregations are aligned with the current aggregation...

MADX is ADX-inspired indicator with moving averages that determines strength of a trend, as well as its direction. Indicator works following: As the value of MADX increases, so does the strength of a trendIf MADX+ ( green line - bullish MADX ) crosses above MADX- ( red line - bearish MADX ) we consider trend as bullish and vice versa..There will be situations...