Hello Traders, This script can show (upto) 3 candles of another time frames without changing chart time frame realtime . You can choose the time frame and number of candles in the options. You have option to change body and wick colors as well. in this example number of candles is 2: You can set body and wick colors: In this example, weekly candles are...
How it begin? Traders and investors use market breadth in order to assess the index’s overall health. Market breadth can be a reliable, if not an accurate, indicator of an upcoming price rise in the index. Similarly, it can also provide early warning signs for a future price decline. What is it? Market breadth indicators analyze the number of stocks advancing...
This is an experimental study designed to calculate polynomial regression for any order polynomial that TV is able to support. This study aims to educate users on polynomial curve fitting, and the derivation process of Least Squares Moving Averages (LSMAs). I also designed this study with the intent of showcasing some of the capabilities and potential applications...
I have been sitting on this for over a year, but I now present this "Voss Predictive Filter" multicator employing PSv4.0 upon initial release, originally formulated by the great and empowering Dr. John Ehlers for TASC - August 2019 Traders Tips. This is a slightly modified version of the original indicator John Ehlers designed. My improved implementation is an...
This is a linear trend indicator that can: - automagically adjust to different chart resolutions - snap to day/session boundaries on intraday - totally not do the above and use ye olde good fixed lookback window - show the regression trend and its RMSE channels - disregard the trend and just show the period average and standard deviation lines (often acting as...
This indicator shows the relative strength of the majors and crosses compared to each other. So, if you are taking a EURUSD long, are you taking it because the Euro is strong or the USD is weak or both? How do you know? This indicator will show you how strong a current is compared to the other majors and crosses. So in the EURUSD example, you will know how strong...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
I'm pleased to introduce this script in honor of the new array functions introduced to PineScript version 4.0. This update is a long time coming and opens the door to amazing scripting possibilities! Definition Named after Charles Spearman and denoted by the Greek letter ‘ ρ ’ (rho), the Spearman rank correlation coefficient is the nonparametric version of...
The purpose of this experimental Indicator is to help identifying Institutional Order Blocks. Often these Order Blocks can be observed at the beginning of a strong move, but there is a significant probability that these price levels will be revisited at a later point in time again. Therefore these are interesting levels to place limit orders (Buy Orders for...
Volume is one piece of information that is often neglected, however, learning to interpret volume brings many advantages and could be of tremendous help when it comes to analyzing the markets. In addition to technicians, fundamental investors also take notice of the numbers of shares traded for a given security. What is Volume? The volume represents all the...
This is an experimental study that calculates filter values at user defined sample rates. This study is aimed to provide users with alternative functions for filtering price at custom sample rates. First, source data is resampled using the desired rate and cycle offset. The highest possible rate is 1 bar per sample (BPS). There are three resampling methods to...
For all the McGinley enthusiasts out there, this is my improved version of the "McGinley Dynamic", originally formulated and publicized in 1990 by John R. McGinley, Jr. Prior to this release, I recently had an encounter with a member request regarding the reliability and stability of the general algorithm. Years ago, I attempted to discover the root of it's...
///////////////////////////////////////////////////////////////////////////////////////////////////////////////// // The arrays provided in Pinescript are linear 1D strucures that can be seen either as a large vertical stack or // a horizontal row containing a list of values, colors, bools,.. // // With the FUNCTIONS in this script the 1D ARRAY LIST can be...
This script was created in collaboration with alexgrover and displays a simple & elegant panel showing the direction of simple moving averages with periods in a user-selected range (Min, Max). The displayed number in the panel is the period of a simple moving average and the symbol situated at the right of it is associated with the direction this moving average...
Description: A function that returns a polynomial regression and deviation information for a data set. Inputs: _X: Array containing x data points. _Y: Array containing y data points. Outputs: _predictions: Array with adjusted _Y values. _max_dev: Max deviation from the mean. _min_dev: Min deviation from the mean. ...
EXPERIMENTAL: Drawing RSI in the 4th dimension(time). It shows the fluctuations of the RSI and price change over a period of time(10) in a scatter like graph. there is a inversion of axis to make possible graphing the 2 properties.
Cyclic Smoothed Relative Strength Indicator The cyclic smoothed RSI indicator is an enhancement of the classic RSI , adding additional smoothing according to the market vibration, adaptive upper and lower bands according to the cyclic memory and using the current dominant cycle length as input for the indicator. The cRSI is used like a standard...
Portfolio Metrics **New** 'returns' 'log returns' 'geometric returns' portfolio alpha portfolio beta portfolio,market correlation portfolio standard deviation portfolio variance mean portfolio returns maximum drawdown maximum gain