AUDJPY

W-X-Y Pattern Auto Targets Pro [JPT]🔷 OVERVIEW W-X-Y Pattern Auto Targets Pro is an educational price action indicator that automatically detects potential W-X-Y reversal structures using confirmed swing points. When a valid setup is identified, the indicator displays a complete trade framework including an Entry level, Stop Loss, and multiple Take Profit targets. The indicator is designed to help traders visualize market structure and practice trade planning. It does not predict future price movement or guarantee profitable trades. 🔷 FEATURES Automatic W-X-Y pattern detection Bullish and bearish setups Entry, Stop Loss, TP1, TP2, and TP3 levels Risk/Reward visualization EMA 50 & EMA 200 trend filter Confirmed swing-based structure Optional alerts for new setups Clean chart layout with minimal clutter 🔷 HOW IT WORKS Detects confirmed swing highs and swing lows. Identifies potential W-X-Y reversal formations. Applies the optional EMA trend filter for additional market context. Calculates Entry, Stop Loss, and Take Profit levels based on the detected structure. Draws the setup directly on the chart for easy analysis 🔷 HOW TO USE Look for newly detected W-X-Y patterns. Review the market structure and overall trend before making any trading decisions. Use the displayed Entry, Stop Loss, and Take Profit levels as a reference for planning trades. Consider combining this indicator with your own confirmation methods and risk management rules. 🔷 NOTES Signals are generated from historical and confirmed price structure. The indicator is intended as an educational and analytical tool. No indicator can guarantee successful trades, and this script should not be used as the sole basis for investment or trading decisions. If you find this project useful your feedback and suggestions are always appreciated Happy trading!

Indicator

by Jos-ProTrader

Pine Script Tutorial #4 Welcome to Pine Script Tutorial #4 This is more complex than the previous 3 tutorials. This one builds upon the first 3 tutorials. What does this code do?: It plots on a histogram (at the bottom), the difference between closest round number and the close. So for example 84 -close = 16 pips. It shows the 16 pips on the histogram. First off, it is actually Two studies on this graph, not one. I wanted the histogram at the bottom and round number indicator to overlay on the graph. There is no code within Pine Script that lets you do that within one script. Secondly, there is no code that lets you spit out number on the graph, that is why I used histogram, initially I wanted it to tell me 16 pips in writing but no way of doing that. In order to replicate the graph you have to first plot the rounding formula as overlay. Thean take out the overlay and plot te histogram. I got the rounding formula from one of the coders here and simplified it. Just search round. Hope this helps, Feel free to comment.

Indicator

by MartinMystere

JPY GBP ROCs Rate of change of most volatile JPY and GBP pairs. All pairs ending in JPY are red except GBPJPY (colored yellow --currently most volatile 7/2016). GBPNZD is blue, the other GBP pairs are green, lime and teal. GBPJPY and GBPNZD are my favorite day trading / swing trading pairs. This script allows me to see the action of the most volatile and liquid pairs on one screen. JPY pairs (ex-GBPJPY) are all red so that I see the flow of JPY not so much each pair and its name. Global movement of JPY is what I am after. Same for the coloring of GBP pairs as green expect GBPNZD as blue. ***** EURGBP is plotted as an opposite (with a negative in front of its sma. EURGBP is extremely correlated to GBPNZD, I decided to plot it also.

Indicator

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