Trading Pizza Indicators

Before we moved to TradingView, we did all our charting on MT4. Here we offer them on a lifetime basis and include a bonus prop firm HFT and strategy to slowly take trades to get your first payouts.

🎁TP Trends Trading Pizza Trends Indicator is a trend following technical indicator which is based on price action focusing on the swing highs and lows. This indicator plots two types of lines. The first line is a dotted line, representing the short-term trend. The second line is a solid line, representing the long-term trend. The lines are below price action on a bullish trend and above price action whenever on a bearish trend. The solid line also changes color to indicate trend direction.

🎁TP Auto Fib

The Trading Pizza Auto Fibonacci indicator automatically plots a Fibonacci Expansion tool on the price chart based on the most recent pivot highs and pivot lows. Helping you find areas where price may reverse based on a Fibonacci retracement. The Auto Fibonacci indicator bases its pivot highs and pivot lows on the underlying Zigzag. It identifies the most recent pivot highs and pivot lows and plots the points of the Fibonacci Expansion tool on those points.

🎁 TP ATR Channels

The Trading Pizza ATR Channels plots its lines based on the Average True Range to help spot when price levels are likely to reverse. This indicator plots seven lines which form a channel-like structure that wraps around price action. The middle line is based on a Moving Average. It then plots three pairs of lines which expand out from the middle line. This indicator can be used for trend continuation trading strategies based on price action consistently staying either on the upper or lower half of the channel. It can also be used to trade mean reversal trades based on price action rejecting the outer lines, especially the red lines.

🎁 TP Variable Regression

The Trading Pizza Variable Regression Indicator is a custom technical indicator which is based on the concept of the Regression Line. However, unlike the regular Regression Line, which is a fixed channel, the Regression Channel plots a dynamic regression channel. This means that the channel it plots is not a straight line but a line that bends along with the direction of price action. This creates a channel like structure which bends smoothly with price. Since the indicator recalculates on each bar, the slope of the lines changes allowing the lines to bend based on the direction of price action.

🎁 TP Fractal Support & Resistance

The Trading Pizza Fractal Support & Resistance Indicator uses swing highs and swing lows as horizontal support and resistance levels. This indicator also uses fractals based on the higher timeframes. The various lines it plots have different characteristics. Some lines are also solid, while others are dashed. These various characteristics indicate that the support and resistance lines are based on various timeframes.

🎁 TP Stochastic Divergence

The Stochastic Divergence indicator is a custom technical indicator which provides mean reversal signals. It does so by adding a divergence component on a Stochastic Oscillator. This indicator plots lines connecting the peaks and dips on the Stochastic Oscillator as well as its corresponding peaks and dips on the price chart. Lines below price action indicate a bullish divergence, while lines above price action indicate a bearish divergence. Solid lines indicate a regular divergence, while dotted lines indicate a hidden divergence. This indicator also plots arrows on the Stochastic Oscillator indicating a possible reversal based on divergence.

🎁 TP Directional Power The Trading Pizza Directional Power Indicator simply computes for the difference between a bullish and bearish indicator. It then plots its bars based on the difference between the two. This histogram bars oscillate around midline which is zero. It plots positive green bars to indicate a bullish momentum and negative red bars to indicate a bearish momentum.

🎁 TP Multi-Time Bias

The Multi Time Bias Indicator is a custom technical indicator which shows traders the latest candle of the higher timeframes above the timeframe that the user has opened. This indicator plots four bars on the far right of the price chart. Each bar or candle represents the latest candle of the next four higher timeframes from the current timeframe used. It plots Green bars to indicate a bullish candle on the higher timeframe, and red bars to indicate a bearish candle on the higher timeframe.

🎁 TP Fib Moving Averages

The Fib Moving Averages Indicator is a trend following technical indicator which uses moving average to identify the direction of the long-term trend. This indicator plots multiple moving averages, seven in total. These moving average lines have period lengths which are based on the Fibonacci Ratios. You can use this to identify the general direction of the long-term trend based on how the moving average lines stack up. The shorter period moving average lines are above the longer period moving average lines during long-term uptrends. Whereas the longer period moving average lines are above the shorter period moving average lines during long-term downtrends. These moving average lines can also be used just as with most moving average lines are used. They can indicate trend reversals based on the crossing over of the moving average lines. They can also be used as areas of dynamic support and resistances.

🎁 TP Currency Bias The Trading Pizza Currency Bias Indicator is a technical analysis tool which indicates the direction of each currency pair. It displays the direction of all the currency pairs paired with the EUR, GBP, and USD paired with the EUR, USD, JPY, GBP, CHF, AUD, and CAD currencies. The indicator plots boxes on the matrix representing each currency pair. It plots green boxes to indicate a bullish bias, red boxes to indicate a bearish bias, and yellow boxes to indicate a currency pair with no directional bias.

🎁 TP Trend Continuation The Trading Pizza Trend Continuation Indicator was developed to help traders objectively identify the direction of the trend, as well as its possible reversals and trend continuations. It plots two lines which oscillate around the midpoint of zero. One line is colored blue, which represents the bullish momentum. The second line is red, which represents the bearish momentum. The two lines are calculated independent of each other. However, trend direction is based on how these two lines interact. Trend direction is bullish whenever the blue line is above the red line. Inversely, trend direction is considered bearish whenever the blue line is below the red line. In effect, crossovers between the two lines can also be considered as trend reversals.

🎁 TP Auto Trend The Trading Pizza Auto Trend indicator is a technical indicator which automatically identifies price channels. It plots three lines. The topmost blue line is the resistance line. The bottom red line is the support line. The dashed middle line, which is sky-blue is the middle line of the channel. Traders can trade range trading opportunities based on price action showing signs of price rejection on either the support or resistance lines. On an uptrend market, traders should trade long trades exclusively as price action shows signs of rejecting the support line. On the other hand, in a downtrend market, traders should trade short trades exclusively as price action shows signs of rejecting the resistance line.

🎁 TP Prior High Lows The Trading Pizza Prior High Lows Indicator identifies the close of the previous day’s price as a possible horizontal support or resistance line which price may break out from or reverse from. The Prior Day Open Close Line Indicator retrieves the previous day’s close price from the broker price feed. It then plots a horizontal dot-dot-dashed line up to the end of the current day. This would mark the horizontal support or resistance line based on the previous day’s close. Trading Pizza Trend Bars – Trend bars Trading Pizza Trend Bars shows the direction of the trend or momentum based on recent price action movements. It overlays bars on the price chart which shadow the movements of price action. The color of the bars changes depending on the direction of the trend or momentum. It plots blue bars to indicate a bullish momentum and red bars to indicate a bearish momentum.

🎁 TP Buy Sell Bands The Trading Pizza Buy Sell Bands Indicator uses a combination of a Bollinger Band overbought or oversold filter and a Moving Average of Oscillator (OsMA) Indicator reversal signal to identify its mean reversal signals. This indicator’s underlying OsMA indicator as a fast moving oscillator which is very sensitive to price movements allows it to detect reversal signals faster. However, this indicator also filters out reversal signals which are not beyond the outer lines of the Bollinger Bands. This creates mean reversal signals coming from overbought or oversold price levels. The settings can be tweaked to either control the underlying Bollinger Bands or the Moving Average of Oscillator.