Ticker Performance Comparison Indicator With this tool you can compare how three different tickers of your choice have performed over a specific period you choose. It can be used on any timeframe. As you can see in the image above, I am comparing Nvidia, Bitcoin and Wadzpay over a 365 day period. This shows me at glance which asset has done better and by how...
This is a simple indicator that has been designed to aid intraday trading and has a few components; Key Features Session Ranges + Optimal Exit Time Asia Pip Range New York Midnight Open Line Session Ranges + Optimal Exit Time Information ℹ️ This is a visual depiction of the 3 main sessions in the markets. Asia, London & New York. The default...
The WaveTrend based on “Enhanced WaveTrend” of EliCobra. The WaveTrend Oscillator is a popular technical analysis tool used to identify overbought and oversold conditions in the market and generate trading signals. This indicator introduces additional features for improved analysis and comparison across assets. WaveTrend: The original WaveTrend indicator...
Bitcoin ultimate price model: 1. Power Law + 2. Rainbow Narrowing Bands + 3. Halving Cycle Harmonic Wave + 3. Wave bands This powerful tool is designed to help traders of all levels understand and navigate the Bitcoin market. It works exclusively with BTC on any timeframe, but looks best on weekly or daily charts. The indicator provides valuable insights into...
The PE Band shows the highest and lowest P/E in the previous period with TTM EPS. If the current P/E is lower than the minimum P/E, it is considered cheap. In other words, higher than the maximum P/E is considered expensive. PE Band consists of 2 lines. - Firstly, the historical P/E value in "green" (if TTM EPS is positive) or "red" (if TTM EPS is negative)...
The "Volume Surge Analysis " indicator is designed to detect significant volume surges in the market. By analyzing volume relative to its moving average and incorporating a comparison of the true range of price movements, this script highlights potential bullish and bearish volume spikes. Traders can utilize these signals to identify moments of heightened market...
Average Stop Loss And Take Profit Calculator For Futures Trading by Gorki Description The "Average SL% Calculator with TP Levels" script, is a simple tool for traders to plan the trades and check how much loss they are going to receive if they run this strategy. This script calculates the average price of up to four entry points, determines the percentage...
Cumulative Volume Delta (CVD) Indicator The Cumulative Volume Delta (CVD) indicator is a powerful analytical tool used to understand the behavior and dynamics of market participants through volume analysis. It tracks the net difference between buying and selling pressure, providing insights into market trends and potential reversals. Here's a detailed description...
Fans of Woodies CCI may recognize the approach to this one. This is my attempt at using the same methods but for taking the highs and lows into account without the standard deviation of the CCI. The smoothness of other oscillators may not be ideal however the Williams Percent Range is a fast stochastic that also operates within a channel. This provides an...
Hey people! Thanks for using Expansion Candles. I designed this tool to help me identify price runs (expansions) based on consecutive bullish or bearish candle closes and then trade continuations on the lower timeframes. Here's what makes it awesome: How Does It Work? An “expansion” is confirmed after multiple closes above the previous candle’s high (in the...
English Version Enhanced Volume Indicator (EVI) The Enhanced Volume Indicator (EVI) is an advanced yet user-friendly tool designed to measure and visualize the strength of market volume using the statistical power of standard deviation. By offering a clear and dynamic representation of volume fluctuations, the EVI enables traders to effortlessly identify...
Description This indicator is my interpretation in Pinescript of the "Trend-Quality Indicator" by David Sepiashvili. The Trend Quality indicator (Q-indicator) is an attempt to estimate trend in relation to noise. It answers the long-standing question of whether a trend change qualifies as significant and promising, or insignificant and better ignored. In terms...
This indicator is designed to plot vertical lines at specified hourly intervals on a trading chart. The indicator includes default settings to draw vertical lines at every hour of the day and provides users with the flexibility to customize up to six additional vertical lines at specified times. Traders can use the vertical lines to segment the trading day,...
VWAP Volatility-Based Risk Management Calculator for Intraday Trading Overview This script is an innovative tool designed to help traders manage risk effectively by calculating position sizes and stop-loss levels using the Volume Weighted Average Price (VWAP) and its standard deviation (StdDev). Unlike traditional methods that rely on time-based calculations,...
Preday Price Channel Indicator This indicator is designed to help traders easily observe and capitalize on key price levels and their implications on market trends. It displays the previous day's high and low prices, as well as lines representing Fibonacci ratios between these prices. When a high or low is double-broken (retested and broken again), the...
**The Option Chain Shows Strike Price Levels per Index Option** - **Bank Nifty Index:** 100-point difference or gap between two strike prices. - **Nifty 50 Index:** 50-point difference or gap between two strike prices. - **FinNifty 50 Index:** 50-point difference or gap between two strike prices. **Importance of These Levels:** - When prices trade at these...
The Sharpe Ratio Indicator is a widely-used tool designed to measure the risk-adjusted performance of an asset. The Sharpe Ratio helps investors understand how much excess return they are receiving for the extra volatility endured for holding a riskier asset. By comparing the return of an investment to the risk-free rate and accounting for the volatility of the...
Overview This script is a dynamic form of support and resistance. Support and resistance plots areas where price commonly reverses its direction or “pivots”. A resistance line for instance is typically found by locating a price point where multiple high pivots occur. A high pivot is where a price increases for a number of bars then decreases for a number of bars...