Introducing the Market Relative Candle Ratio Comparator, a visually captivating script that eases the way you compare two financial assets, such as cryptocurrencies and market indices. Leveraging a distinctive calculation method based on percentage changes and their averages, this tool presents a crystal-clear view of how your chosen assets perform in relation to...
This indicator helps to find spreads between cryptocurrencies, assess their correlation, spread, z score and atr z score. The graphs are plotted as a percentage. Because of the limitation in pine tradingview for 5000 bars a period was introduced (after which a new starting point of the graph construction will be started), if you want it can be disabled The...
When doing machine learning using oscillators, it would be better if the oscillators were normally distributed. So I analyzed the distribution of oscillators. The value of the oscillator was divided into 50 groups each from 0 to 100. ex) if rsi value is 45.43 -> group_44, 58.23 -> group_58 Ocscillators : RSI, Stoch, MFI, WT, RVI, etc.... Caution: The normal...
In my trading I stick to the following strategy: I buy an asset above the 100/200 moving average and then sell it. The most problematic thing in all this is to look for assets that are above the 100 or 200 moving average, and to assess how "far" the price is from that moving average. In fact, to solve this problem I created this indicator. It works with 30...
Features Overview: Multiple Moving Averages: The script allows you to plot up to five different Moving Averages (MAs) on your chart at the same time. You can choose the type of MA (EMA, SMA, HMA, WMA, DEMA, VWMA, VWAP) and the length of each one. Color Ribbon: You can turn the MAs into a color ribbon by selecting the "Turn into Color Ribbon?" option. This...
This script measures the number of employees a company has per million people in the US population, either by total or employed population.
⚉ OVERVIEW ⚉ One of the best Systems for Backtesting your Strategies. Incredibly flexible, simple, fast and feature-rich system — will solve most of your queries without much effort. Many systems for setting StopLoss, TakeProfit, Risk Management and advanced Filters. All you need to do is plug in your indicator and start Backtesting . I intentionally left the...
Library "HarmonicPatternTracking" Library contains few data structures and methods for tracking harmonic pattern trades via pinescript. method draw(this) Creates and draws HarmonicDrawing object for given HarmonicPattern Namespace types: HarmonicPattern Parameters: this (HarmonicPattern) : HarmonicPattern object Returns: current HarmonicPattern...
█ OVERVIEW This indicator counts the number of confirmed double candle trend scenarios on any given candlestick chart and displays the statistics in a table, which can be repositioned and resized at the user's discretion. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. •...
Get statistics of the Session High and Session Low timings for any custom session; based on around 1yr of data. //Purpose: -To get data on the 'time of day' tendencies of an asset. -Narrow in on a custom defined session and get statistics on that session. //Notes: -Input times are always in New York time (but changing the timezone after setting WILL adust both...
█ OVERVIEW This indicator counts the number of confirmed upper and lower candle trend scenarios on any given candlestick chart and displays the statistics in a table, which can be repositioned and resized at the user's discretion. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it...
█ OVERVIEW This indicator counts the number of confirmed double trend scenarios on any given candlestick chart and displays the statistics in a table, which can be repositioned and resized at the user's discretion. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red...
█ OVERVIEW This indicator simply displays candle and peak to trough ranges in points or pips, depending on the symbol type, in a table, which can be repositioned and resized at the user's discretion. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one...
Very specific indicator designed for 5min timeframe, to show the statistical timings of the highs and lows of Opening hour (9:30-10am) and Closing hour (3pm-4pm) NY time ~~Shown here on SPX 5min chart. Works all variants of the US indices. SPX and SPY typically show more days of history (non-extended session =>> more bars). //Purpose: -To get statistics on...
📕 LIBRARY OHLC 🔷 Introduction This library is a custom library designed to work with real-time bars. It allows to easily calculate OHLC values for any source. Personally, I use this library to accurately display the highest and lowest values on visual indicators such as my progress bars. 🔷 How to Use ◼ 1. Import the OHLC library into your TradingView...
█ Overview The Smart Money Concept Probability (Expo) is an indicator developed to track the actions of institutional investors, commonly known as "smart money." This tool calculates the likelihood of smart money being actively engaged in buying or selling within the market, referred to as the "smart money order flow." The indicator measures the probability...
Nifty in terms of USD value over time. Nifty 50 index of Indian Stock Market, in terms of US Dollar terms at that specific time.
Library "MarkovChain" Generic Markov Chain type functions. --- A Markov chain or Markov process is a stochastic model describing a sequence of possible events in which the probability of each event depends only on the state attained in the previous event. --- reference: Understanding Markov Chains, Examples and Applications. Second Edition. Book by Nicolas...