MTF Trend 4 in 1 multi time frame consistence check indicator for Tradingview

Price can be up trend and downtrend simultaneously in different timeframes.

Experienced traders know the importance of looking at Multiple Time Frames.

Analyzing multi time frame chart allows trader to have a greater view on the price action.

This MTF trend indicator shows the trend of current time frame and 3 higher time frames in a single chart. In addition, it will check the consistence of all 4 time frames. It will not repaint.

It will only work on time based charts. Tick and range charts are not supported.

The green dots represent uptrend, and the red dots represent downtrend.

The ‘trend period’ is used to measure the direction of price within the given number of bars.

The dots of value 1 at the bottom is the trend of ‘timeframe 1’

The dots of value 2 is the trend of ‘timeframe 2’

The dots of value 3 is the trend of ‘timeframe 3’

The dots of value 4 is the trend of current timeframe.

If current and 3 higher time frames are in the same direction, the dots at the top will appear.

Otherwise, there will be no dots at value 5.

‘timeframe1’ ‘timeframe2’ and ‘timeframe3’ must be higher than current timeframe, if your chart is 15min, ‘timeframe1’ ‘timeframe2’ and ‘timeframe3’ must be 20min or higher.

It will highlight bars when trends are inconsistent in different timeframes.

You can change the highlight color, or disable this feature.

The highlighted bars represent the situation where price may change its direction from previous trend, or in a short-term adjustment.

Tradingview double top chart pattern detector indicator with alert

Double top is a very common chart pattern, as its name indicates, it consists of two tops, and these two tops need to be in a relative flat price level. One of the top can’t be much higher or lower than the other.

This indicator will detect and highlight double top pattern automatically on chart and alert you via SMS, email and sound.

Features:

  • Adjust the threshold between two tops.
  • Adjust the number of bars used to form each top.
  • Check if the first top is the highest in a given number of bars
  • Adjust the number of bars between two tops.
  • Switch of alert.

 

A detailed instruction will show you how to properly adjust each input.

 

It works on all timeframes and any symbol.

You can also load more than one with different inputs to get more results on chart.

Auto Trendline, Upper Descending Trend line indicator with alert for Tradingview

VIP price: $89   This is a Permanent access license, please provide your Tradingview ID along with your payment.
Get it at: https://goo.gl/DK5lt2

This is a custom Tradingview indicator that automatically plots descending trend lines above price bars. It will alert when the price closes above the trend line.

The concept is straightforward: the trend line is formed by two adjacent peaks when the price is in a downtrend. It will save a lot of time for people (just like me) who uses trendline often.

By deploying this indicator, should the condition meet, you don’t need to draw the trend lines by hand anymore. You can also consider it as a trend line reminder.

It’s also very easy to use, just load it on chart and set your desired inputs.

Features:

  • Adjust the strength of the 2 peaks that form the trend line.
  • Set price difference between two peaks in two variables: amount or percentage.
  • Turn on/off the cross above alert.
  • It works on all symbols and all timeframes.
  • never paint

A detailed instruction will show you how to properly adjust each input.

By using different inputs, you can easily filter out some unwanted trend lines.

For example, in the chart below, the first 2 trend lines on the left side consist of 2 peaks which had very small price difference. Those 2 trend lines are nearly flat.

The chart in below is the same as the above one, but with a higher price different input, we can filter out these 2 flat trend lines.

You can also load more than one of this auto trend line detector, such as  one for long term and another one for short term trend. Just like the chart shown in below, the aqua trend line is a longer term compared to the red ones.

Please check more screenshots:

Trend Pullback Reversal TPR indicator for Tradingview

The TPR(Trend Pullback Reversal) indicator forms a possible price trend with support and resistance lines. It also comes with a unqiue band and center line as additional features.

TPR works on all timeframes and all symbols and all type of bar chart.

TPR never repaints.

There are 4 Parameters:

  1. Period: umber of bars used for calculations
  2. Factor: Multiplier factor, small number for short trend, large number for long trend
  3. Source: the input series, default is Close
  4. ShowBand: enable to show band and center line

Most trend indicators have similar plot, the difference is where and when they change the direction. Unlike other trend indicators, TPR will focus on main trend and filter out most minor price movements. The green cross-line represents an uptrend, the red cross-line represents a downtrend.

 

The additional band and center line may look like bollinger band, but the TPR band algorithm is completely different from bollingerband. There is no standard deviation in TPR band calculation.

 

Swing high low support & resistance indicator for Tradingview

Get it for free: https://www.tradingview.com/script/RQnLfaNE-Swing-high-low-support-resistance-by-Patternsmart-com/

The Swing indicator will plot dot lines that represent the swing points based on the swing length input(number of bars to the left and right of the swing point).

Swing highs and lows can be used by traders to identify possible areas of support and resistance , which can then be used to determine optimal positions for stop-loss or profit target orders. If an indicator fails to create a new swing high while the price of the security does reach a new high, there is a divergence between price and indicator, which could be a signal that the trend is reversing.

Swing highs and swing lows are earlier market turning points. Hence, they are natural choices for projecting support and resistance levels. Every swing point is a potential support or resistance level. However, for effective trading, focus on major swing highs and lows.

Reverse Engineering MACD for Tradingview

snapshot

The Reverse Engineering MACD study is a trend following indicator based on analysis of MACD ( Moving Average Convergence/Divergence) changes. This indicator consists of three main plots: PMACDeq, PMACDlevel, and PMACDsignal.

PMACDeq plot represents price of the current bar at which its MACD value would be equal to the previous one. PMACDlevel plot represents price of the current bar at which its MACD value would be equal to the specified one. PMACDsignal plot represents the price of the current bar at which its MACD value would be equal to its average .

These three plots are accompanied with an auxiliary plot showing averaged values of PMACDeq. Note that the type of average is the same as the specified for MACD calculation.

Input Parameters:

price The price for which MACD is calculated.
fast length The number of bars used to calculate the fast moving average .
slow length The number of bars used to calculate the slow moving average .
macd length The number of bars used to calculate the moving average of MACD .
macd level MACD value used in PMACDlevel calculation.

It’s free to use: https://www.tradingview.com/script/i7oBV2J5-Reverse-Engineering-MACD-by-Patternsmart-com/