Worldwide net liquidity, with trend coloring. Global Net Liquidity attempts to represent worldwide net liquidity, and is defined as: Fed + Japan + China + UK + ECB - RRP - TGA , Where the first five components are central bank assets. On TradingView, the indicator can be reproduced with the following equations: Global Net Liquidity = FRED:WALCL + FRED:JPNASSETS *...
FiboSequ: Fibonacci Sequence Marking Leonardo Fibonacci was an Italian mathematician who lived in the 12th century. His real name was Leonardo of Pisa, but he is commonly known as "Fibonacci." Fibonacci is famous for introducing the Hindu-Arabic numeral system to the Western world. This system is the basis of the modern decimal number system we use...
i used mxwll tpo market profile. may be some one make better this. i added 3 session for tpo
Advanced MACD (AMACD) enhances the traditional MACD indicator, integrating innovative features for traders aiming for deeper insights into market momentum and sentiment. It's crafted for those seeking to explore nuanced behaviors of the MACD histogram, thus offering a refined perspective on market dynamics. Divergence moves can offer insight into continuation or...
Bull Market Drawdowns V1.0 Overview The Bull Market Drawdowns V1.0 script is designed to help visualize and analyze drawdowns during a bull market. This script calculates the highest high price from a specified start date, identifies drawdown periods, and plots the drawdown areas on the chart. It also highlights the maximum drawdowns and marks the start of...
Are high retail sales increases really positive if the inflation rate is higher? This year over year indicator of retail sales versus inflation levels can be placed in concert with any security to determine how symbols trade when inflation or retail sales are higher. A green histogram is when retail sales are higher than the inflation rate on a year over year...
Introduction: Origin of the Swing Point Indicator In the quest for a reliable indicator that accurately predicts trend directions and identifies valid highs and lows, the genesis of the Swing Point Indicator emerged. Faced with the challenge of finding a tool that provided comprehensive market analysis and actionable insights, the need for a novel solution became...
This Pine Script code is a custom indicator named "BTC Backwardation Searcher" designed for the TradingView platform. The indicator aims to identify and visualize the price difference between two Bitcoin futures contracts: CME:BTC1! and CME:BTC2!. Here's a breakdown of the code: 1. The script fetches the daily close prices of CME:BTC1! and CME:BTC2! using the...
This strategy takes a trade every day at a specified time and then closes it at a specified time. The purpose of this strategy is to help determine if there are better times to day to buy or sell. I was originally inspired to write this when a YouTuber stated that SPX had been up during the last 30 minutes of the day over 80% of the time the past year. No...
The Wyckoff Method Market Cycle Indicator is a powerful tool designed to help traders identify the current market phase based on the principles of the Wyckoff Method. This indicator analyzes price action and volume patterns to determine whether the market is in an accumulation, markup, distribution, or markdown phase. The Wyckoff Method, developed by Richard D....
This script is based on the article “Defining The Bull And The Bear” by Chuck Duckas, published in Stocks & Commodities V. 25:13 (14-22); (S&C Bonus Issue, 2007). The article “Defining The Bull And The Bear” discusses the concepts of “bullish” and “bearish” in relation to the price behavior of financial instruments. Chuck Dukas explains the importance of...
Description of the script "Smart Money Analysis with Golden/Death Cross": This TradingView script is designed for market analysis based on the concept of "Smart Money" and includes the detection of Golden Cross and Death Cross signals. Key features of the script: Moving Averages (SMA): Two moving averages are calculated: a short-term (50 periods) and a...
The Wall Street Cheat Sheet Indicator is a unique tool designed to help traders identify the psychological stages of the market cycle based on the well-known Wall Street Cheat Sheet. This indicator integrates moving averages and RSI to dynamically label market stages, providing clear visual cues on the chart. Key Features: Dynamic Stage Identification: The...
**PROWIN STUDY BASIC CURRENT CANDLE TABLE** **Description:** The PROWIN STUDY BASIC CURRENT CANDLE TABLE indicator provides an insightful analysis of the current candle's volume and its comparative performance against the last 50 candles. This script includes several features designed to help traders understand volume trends and potential market direction. **Key...
Indicator for New York session that splits Morning, Lunch and Afternoon part of the session. Works on Time Frames of 30m and below.
**Title: PROWIN STUDY BITCOIN DOMINANCE CYCLE** **Overview:** This TradingView script analyzes the relationship between Bitcoin dominance and Bitcoin price movements, as well as the performance of altcoins. It categorizes market conditions into different scenarios based on the movements of Bitcoin dominance and Bitcoin price, and plots the Exponential Moving...
This RSI by John Ehlers of "Yet Another" Improved RSI. Taking advantage of the Hann windowing. As seen on PRC and published by John Ehlers, it has a zero mean and appears smoother than the classic RSI. In his own words " I prefer oscillator-type indicators to have a zero mean. We can achieve this simply by multiplying the classic RSI by 2 so it swings from 0 to 2,...
█ OVERVIEW Sessions is a trading toolkit that displays the different trading sessions on your chart during a trading day. By default, Sessions displays the four standard trading sessions; New York, Tokyo, London, and Sydney. Each of the four sessions can be toggled, and the Sessions indicator is completely customizable, allowing users to define their own...