Created by Love Sharma, CMT, CFTe
the idea is simple. there needs to be thrust in prices before adx goes above any barrier or level say 25/10 or even 10/ The Di plus or Di minus should be above ADX. This indicates the change in direction or change in underlying price and obviously followed by ADX indicator which is dependent on user which level it...
This indicator aims to be complimentary to SPDR Tracker , but I've adjusted the name as I've been able to utilize the "INDEX" data provider to support essentially every US market.
This is a breadth market internal indicator that allows quick review of strength given the 5, 20, 50, 100, 150 and 200 simple moving averages. Each can be toggled to build whatever...
Overview
Watch list are very common in trading, but most of them simply provide the means of tracking a list of symbols and their current price. Then, you click through the list and perform some additional analysis individually from a chart setup. What this indicator is designed to do is provide a watch list that employs a high/low price range analysis in a...
This indicator is the market breadth for Bank Nifty (NSE:BANKNIFTY) index calculated on the histogram values of MACD indicator. Each row in this indicator is a representation of the histogram values of the individual stock that make up Bank Nifty. Components are listed in order of its weightage to Bank nifty index (Highest -> Lowest).
When you see Bank Nifty is...
This script emulates the funding rate for Binance USDT pairs. The funding rate is calculated based on the premium index. However, as the precise method for averaging the premium index is unclear, this calculation is based on an estimation and may contain some discrepancies.
If a non-Binance USDT pair is selected, the script automatically calculates and displays...
MTF RSI Indicator - User Guide
Introduction:
The MTF RSI (Multi-Timeframe Relative Strength Index) Pine Script is designed to provide traders with a comprehensive view of the RSI (Relative Strength Index) across multiple timeframes. The script includes a primary chart displaying RSI values and a dashboard summarizing RSI trends for different time...
Historically, Hashrate and Bitcoin prices have a strong correlation. When hashrate increases more than Bitcoin price, it indicates a rise in Bitcoin price soon.
This indicator uses the formula:
Price/hashrate delta ratio = period price delta / period hashrate delta
Whenever the ratio between the price and hashrate of Bitcoin is positive, it indicates that the...
Indicator Name: Value of my asset
This indicator displays the total value of the asset you hold on a chart. It is particularly useful for tracking the value of your position in real time directly on the chart.
How to use it:
Quantity of the asset in possession: Enter the quantity of the asset you currently hold. By default, this value is 0.
Text color: Choose...
Introducing the 'Hi-Lo-Gauges' indicator, a powerful tool designed to provide a comprehensive visual representation of key price metrics. This indicator leverages up to 8 preset gauges, each catering to a specific aspect of market data:
All-time high and low
Current 52 Weeks high and low
Current Annual High and Low
Current Semi-Annual High and...
█ OVERVIEW
TASC's January 2024 edition of Traders' Tips features an article titled “Gap Momentum” by Perry J. Kaufman. The article discusses how a trader might create a momentum strategy based on opening gap data. This script implements the Gap Momentum system presented therein.
█ CONCEPTS
In the article, Perry J. Kaufman introduces Gap Momentum as a...
Drummond geometry is a trading method that uses geometric patterns and moving averages to identify market trends and potential reversals. It was developed by Charles Drummond, a Canadian trader and educator1. The main elements of drummond geometry are:
The PLdot, which is the midpoint of the previous bar’s high and low. It represents the current price level...
1. Timeframe Selection (selectedTimeframe):
Allows the user to choose the timeframe for the volume data analysis.
Options range from 1 minute to 1 month, including 1, 3, 5, 15, 30, 45 minutes, 1, 2, 3, 4 hours, and daily, weekly, monthly.
2.Moving Average Length (maLength):
Users can specify the length of the moving average applied to the inverse volume.
The...
Overview:
This Pine Script™ is a specialized tool for traders, designed to automatically plot Fibonacci retracement levels over a user-defined date range in trading charts. It also indicates the extent of price retracement within these levels.
Key Features:
Date Range Customization: Users can specify the start and end dates to focus the analysis on a...
Indicator that plots the cumulative number of 52-Week New Highs minus New Lows with an added moving average. Settings allow the choice between S&P 500, Nasdaq 100 or the Overall Market as Index. You can also customize the length of the moving average.
The Klinger Oscillator is not fully implemented in Tradeview. While the description at de.tradingview.com is complete, the implementation is limited to the pure current volume movement. This results in no difference compared to the On Balance Volume indicator.
However, Klinger's goal was to incorporate the trend as volume force in its strength and duration into...
The Enhanced McClellan Summation Index (MSI) is a comprehensive tool that transforms the MSI indicator with Heikin-Ashi visualization, offering improved trend analysis and momentum insights. This indicator includes MACD and it's histogram calculations to refine trend signals, minimize false positives and offer additional momentum analysis.
Methodology:
...
📣The present indicator is a MACD based buy/sell signals indicator with support and resistance, that can be used to identify potential buy and sell signals in a security's price.
📣It is based on the MACD (Moving Average Convergence Divergence) indicator, which is a momentum indicator that shows the relationship between two moving averages of a security's...
This script shows you the Highs and Lows from multiple candels from some different timeframes. They are the 1D, 1W, 4W (a month basically), and 3M (a quater). The indicator offery you many customization option to make it look how you like it best
