█ Probability Box Rule of Thirds The Probability Box Rule of Thirds , is a visual indicator that helps traders identify possible overbought and oversold conditions. It does this by dividing the price range – highest high minus the lowest low of a given lookback period or date range – into thirds. Each third has distinct probability characteristics and when...
The Supply and Demand Daily indicator displays daily supply and demand areas on the user's chart. These areas are constructed using the market data within a previous daily interval. This script makes use of the same logic as our previous Supply and Demand Visible Range indicator . 🔶 USAGE The supply/demand areas & levels displayed by the indicator aim to...
This indicator focuses on detecting RBR and DBD patterns, which signify periods of increased momentum and potential continuation or reversal of the prevailing trend. The RBR pattern consists of a rally (upward movement), followed by a base (consolidation or retracement), and then another rally. It suggests that the upward momentum may persist and provide trading...
Introducing " Supply and Demand Deluxe (Stock Justice) " - the ultimate TradingView indicator that revolutionizes how traders identify crucial supply and demand levels. With its unrivaled capabilities across multiple timeframes, this indicator offers a comprehensive toolkit for traders seeking an edge in the market. To fully harness the power of "Supply and...
Demand & Supply Zone Scoring Indicator The Demand & Supply Zone Scoring indicator is designed to calculate the Trade Strength Score based on the concepts of demand and supply zones, specifically RBR (Rally Base Rally), RBD (Rally Base Drop), DBD (Drop Base Drop), and DBR (Drop Base Rally). The Demand & Supply Zone Scoring indicator is specifically designed to...
Intraday Intensity Index was created by David Bostian and its use was later featured by John Bollinger in his book "Bollinger on Bollinger Bands" . It is categorically a volume indicator and considered to be a useful tool for analyzing supply and demand dynamics in the market. By measuring the level of buying and selling pressure within a given trading session it...
This is a "Supply and Demand" script designed to help traders spot potential levels of supply (resistance) and demand (support) in the market by identifying pivot points from past price action. Differences from Other Scripts: Unlike many pivot point scripts, this one offers a greater degree of customization and flexibility, allowing users to determine how many...
Auto Fib Zones is a extension of the ABC finder script that I released. It uses the pivot point system I developed in the ABC finder to identify major or significant trending moves in the market. It will then draw the fibzones for the trend line. The fib zone will auto update for as long as the trend line continues (size will keep increasing). The zones will...
The Supply and Demand Visible Range indicator displays areas & levels on the user's chart for the visible range using a novel volume-based method. The script also makes use of intra-bar data to create precise Supply & Demand zones. 🔶 SETTINGS Threshold %: Percentage of the total visible range volume used as a threshold to set supply/demand areas. Higher...
The RexDog Key Levels indicator plots the weekly open, daily open, and the previous day vWAP close. These are all critical price levels (zones) to know when trading any market or instrument. These areas are also high probability reaction areas that you can trade using simple confirmation trading patterns. First, I'll cover an overview of the indicator then I'll...
This indicator is inspired on the Smart Money Concepts indicator (Credits to @LuxAlgo) and it was optimized to show only the most relevant demand and supply zones (premium) on every time frame - but on higher time frames (1H and above) the zones are more relevant and stronger, meaning these zones can handle the price for longer time. I've added a new feature...
Description An experimental script, designed as a visual aid, to highlight two consecutive green candles after a red candle, and two consecutive red candles after a green candle. We can assume these formations to be potential candidates as an origin of a peak and valley. The highest point of the 1st red candle and lowest point of the 1st green candle is to be...
This is the Global Monetary Supply M2 of the richest and most populous countries that have info from at least 2008 It is measured in USD (converting the M2 of each of the countries respective currencies and virtually converting them into USD) This is less than the global liquidity as it does not include the countries' assets in other currencies (on their balance...
The Zone Seeker Supply and Demand - by Karoshi Trading The Zone Seeker is based on the Supply & Demand Methodology. Activating this indicator will mark all the zones of your chart. Depending on your setting preferences, some zones will be showed or not. The indicator code works as follow: We will use the number of consecutive candles, body size compared to...
█ OVERVIEW MATHR3E LINES automatically draws Demand lines and Supply lines with their associated targets █ CONCEPTS Disclaimer: MATHR3E LINES indicator is intended for advanced traders and may fit your profile, whether you are a day trader or a long-term investor. It was originally developed by a renowned market analyst and documented in numerous books....
what is "Support and Resistance"? it is a support and resistance indicator. what it does? it draw support and resistance zones on the chart. how it does it? It determines the zones where the price leaves with a big candle after going horizontal for a while as support or resistance zones according to the price movement direction. while doing this, it compares the...
Intro to Supply and Demand Zone Technical Analysis Supply and demand is an increasingly common strategy among day and swing traders in equity, forex, and the futures markets. The goal of analyzing supply and demand zones is to pre-determine where price action may pivot before that pivot happens, thus giving us an edge over the market. There are many unique...
Depicts demand-flow between Equities, Bonds and Currencies of 6 countries. Useful in tracking the flow of smart money and checking the dynamics of inter-connected markets. Principle: DXY lies at the heart of the diagram with usd-currency pairs of 5 countries connected to it. When demand for a currency increases it strengthens against Dollar. This is depicted by...