The Global MPMI Overview Indicator is designed to provide a comprehensive view of the Manufacturing Purchasing Managers' Index (PMI) for various countries and regions. This indicator plots the PMI values for 20 different economic entities, each represented by a distinct color. The PMI is a crucial economic indicator that reflects the health of the manufacturing...
### Indicator Name: Triple Dip Averaging (TDA) #### Description: **Triple Dip Averaging (TDA)** is a unique and strategic tool designed for long-term investors who are looking to systematically average down their investments during market downturns. This indicator provides a structured approach to reduce the average cost of your holdings by executing additional...
This indicator allows you to create a line like the MA but for a percentage below the price line
A small indicator designed for the minimalist chartist which prints the timeframe on your chart. The color of the text is based on whether the currency is trending (using the 8 and 21 EMAs) in that timeframe. Trending here is simply defined as the direction in which the 8 is above or below the 21. When used in a multi-timeframe layout, this indicator lets you...
This PineScript code creates an indicator called "Reward Ratio Validator" that helps traders evaluate potential trade setups based on pivot points, standard deviation, and risk/reward ratios. Here's a breakdown of what the code does: 1. Input parameters: - Pivot: Number of bars for pivot calculation - STDEV Length: Number of bars for standard deviation...
**GAP UP Detection:** - The current candle’s low must be higher than the previous candle’s high (high ). **GAP DOWN Detection:** - The current candle’s high must be lower than the previous candle’s low (low ). **Visualization:** - If a GAP UP is detected, a symbol appears below the candle with the text "GAP UP," and a label displays the dollar difference...
The TradingView script named "75: Notable Financial Crises" visualizes and marks significant financial crises on a financial chart. This script plots vertical lines on the a chart corresponding to specific dates associated with notable financial crises in history. These crises could include events like the Great Depression (1929), Black Monday (1987), the Dot-com...
This script is a TradingView Pine Script (version 5) for calculating and plotting statistical moments of a financial series. Here's a breakdown of what it does: Script Overview Purpose: The script calculates and visualizes moments such as Mean, Variance, Skewness, and Kurtosis of a price series. It also provides the option to display log returns and various...
Signs are displayed on the chart when the price drops more than 5% from the previous week. Otherwise, the previous week's change is displayed in a smaller size. Buy if it falls 5% or more from the previous week, and do not buy if it does not fall. The sign is for the sole purpose of making it easier to understand. This method is expected to be more effective and...
Originality and Usefulness The "Supertrend with Extreme Signals" indicator is an innovative tool I've developed to combine the strengths of the Supertrend indicator with the RSI (Relative Strength Index). This combination enhances the accuracy of entry and exit signals, making it more useful for traders looking to gain a comprehensive understanding of market...
Engulfing Candles with Sweep Indicator The "Engulfing Candles with Sweep" indicator identifies bullish and bearish engulfing candles that exhibit liquidity sweeps. It marks these significant candlestick patterns and draws a 50% Fibonacci retracement line from the high to low of the engulfing candle. The indicator helps traders spot potential reversal points where...
Hello traders 👋 This indicator "SPX Mapped Gaps" detects gaps from the SPX (or the trader's choice of index/asset) and plots them for the asset on your chart! Features Selectable comparison symbol Gaps from the selected symbol (SPX by default) are plotted for the asset on your chart - serving as potential support/resistance levels! Closest gaps from...
📈🤖 Machine Learning Adaptive SuperTrend - Take Your Trading to the Next Level! 🚀✨ Introducing the Machine Learning Adaptive SuperTrend , an advanced trading indicator designed to adapt to market volatility dynamically using machine learning techniques. This indicator employs k-means clustering to categorize market volatility into high, medium, and low levels,...
This indicator allows users to anchor three types of moving averages (Simple Moving Average (SMA), Exponential Moving Average (EMA), and Volume Weighted Average Price (VWAP)) to specific points in time (anchor points) Key Features: Select from three Moving Average Types: Simple Moving Average (SMA): Averages the closing prices over a specified period. ...
Hello traders 👋 This indicator "Liquidation Risk Suite" hosts various features that allow the trade to determine optimal position sizing, leverage, profit targets, and more! Features Customizable entry price and time From the entry price, a user-defined number of liquidation levels by leverage are shown From the entry price, a user-defined number of...
This indicator combines simple pivot detection with market breadth ratios. The thought was to show market breadth strength or weakness where price was making potential pivots. Lookback can be adjusted and currently it supports NYSE and NASDAQ market breadth. Configuration is limited given the simplicity but live breadth printout can be displayed at current...
The ticker symbol for the NYSE CUMULATIVE Tick Index is TICK. The Tick Index is a short-term indicator that shows the number of stocks trading up minus the number of stocks trading down. Traders can use this ratio to make quick trading decisions based on market movement. For example, a positive tick index can indicate market optimism, while readings of +1,000 and...
This indicator was written in pine script code, inspired by the L3 Banker Fund Flow Trend Oscillator indicator whose link I gave below. This indicator is designed to track the flow of banker funds in the market by analyzing price movements and generating entry signals based on specific criteria. It uses a combination of custom functions and moving averages to...