Scalping — Indicators and Signals — TradingView (2024)

Overview:The ORB (Opening Range Breakout) strategy combined with Heikin Ashi candles and Relative Volume (RVOL) indicator aims to capitalize on significant price movements that occur shortly after the market opens. This strategy identifies breakouts above or below the opening range, using Heikin Ashi candles for smoother price visualization and RVOL to gauge the...

Name: "Binance-Bybit Cross Chart: Spot-Perpetual Correlation"Category: Scalping, Trend AnalysisTimeframe: 1M, 5M, 30M, 1D (depending on the specific technique)Technical analysis: This indicator facilitates a comparison between the price movements shown on the Binance spot chart and the Bybit perpetual chart, with the aim of discerning the correlation between...

Volume Footprint Voids is a unique tool that uses lower timeframe calculation to plot different styles of single candle POC.This indicator is very powerful for scalping and finding very precise entry and exits, spotting potential trapped traders, and more.Unlike many other volume profiles, this aims to plot single candle profiles as well as their own...

This Strategy is based of Subhashish Pani's (power of stocks) 5 EMA Strategy.strategy used for sell in 5 minutes and for buy in 15 minutes ..Rules for this strategy ..Sell signal -1) if price is above 5 Ema and not touching Ema use as alert candle..2) if price break low of alert candle strategy open trade ..3) if price move more upside low of alert candle...

I'm using this platform from sometime and I carry out trading on Gold, using a kind of scalping strategy.Scalping is not an easy task to do. Personally I found a lot of problems while detecting the trend direction.So I decided to develop an indicator that is capable, in a discrete way, to give an instant-view on the market that is interesting.This indicator can...

- 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...

This code is a custom script designed for analyzing trading volume within a specific time window on the TradingView platform. It offers a comprehensive analysis of buying and selling activity during a defined period and provides visual aids and data summaries for traders to make informed decisions. Here's a detailed breakdown of its functionality and how to use...

Introduction: The Renko Indicator is a powerful tool designed to help traders identify trends and potential trade opportunities in the financial markets. This indicator overlays a Renko chart on the main price chart and generates Buy and Sell signals based on Renko brick movements. Renko charts are unique in that they focus solely on price movements, ignoring the...

NSE:BANKNIFTY1! This indicator is based on the concepts popularized by @OptionsScalper123 "Siva" of OiPulse. His ideology Is that large moves come after high volume candles. For Nifty, high volume is considered to be a candle above 125k volume and for BankNifty it’s 50k. This indicator allows you to cut the noise and focus only on the high volume candle. It...

This script displays the percentage of movement of all candles on the chart, as well as identifying abnormal movements to which you can attach alerts. An abnormal movement is considered a rise or fall that exceeds the parameter set in the settings (by default, 1% per 1 bar). Added a function to display the volume on abnormal candlesticks.

Description: The Trading Session Template Indicator is a powerful script that allows traders to customize their own trading session time range on a chart. With this indicator, you have the flexibility to define specific hours during which you prefer to focus your trading activities. The example chart showcases the New York session hours, but you can easily adapt...

The "3 Fib EMAs To Scalp Them All" was made in order to clear up when we should look for shorts, longs, or walk away. Also it can alert you when a trend starts, or when there is a possible reversal. I use it for scalping/day trading in 5m-1h timeframes.1. EMAs: By default, the indicator uses Fibonacci numbers (21, 55, 233), but you can change them.2. Color...

LNL Scalper ArrowsThe indicator consist of various different types of candlestick patterns that are truly time tested by multiple veteran traders. These arrows are a combination of short-term scalping strategies taught by Linda Raschke & a trader that goes by name Quant Trade Edge. These strategies/patterns occur regularly within the markets. They offer high...

The Bollinger Bands - Breakout Strategy is a trend-following optimized for short-term trading in the crypto market. This strategy employs the Bollinger Bands, a widely recognized technical indicator, as its primary instrument for pinpointing potential trades. It is capable of executing both long and short positions, depending on whether the market is in a spot or...

This script is our version of the "Fair Value Gap".A Fair Value Gap is nothing more than a series of 3 candles with a gap between a candle high/low and a candle high/low two candles prior.For example:A Gap Up - the Low of a candle is higher than the High of two candles back.A Gap Down - the High of a candle is lower than the Low of two candles...

This oscillator can be customized by adjusting the length of the Willy period, the length of Willy's EMA, and the upper and lower bands. The upper and lower bands help traders identify overbought and oversold conditions.The WillyCycle Oscillator is a technical analysis tool used to measure the momentum of an asset and identify overbought and oversold conditions...

Someone sent me this strategy found on YouTube. It is Soheil PKO's "The Best and Most Profitable Scalping Strategy" Best way to find out is to code it =)This strategy uses Moving Average Ribbon, Laguerre RSI, and ADX. This script only displays the MA ribbon, you will need to add Laguerre RSI and ADX separately.Long Entry Criteria: - 16 EMA > 48 EMA > 200...

This indicator is based on Drippy2hard's 11:30 am (EST) rule. In simple terms the rule states that: If a trending stock makes a new high after 11:15-11:30am EST, there is a 75% chance of closing within 1% of High of day (HOD). Same applies for downtrend. Please note: Not all stocks will abide by this, this is backtested on stocks with avg daily...