This code is written for traders to be able to automatically scan 36 stocks of their choice for MACD , EMA200 + SuperTrend and Half Trend . Traders can be on any chart, and if they keep this scanner/indicator on , it will start displaying stocks meeting scanning criteria on the same window without having to go to Screener section and running it again and again. It...
█ Introduction ASE Supply & Demand is a multi-timeframe Supply and Demand zone indicator based on the Order Block concept. Order Blocks are a price action concept defined as a basing candle followed by a breakout candle (as seen in the chart below). A basing candle typically shows a slowing down in price action, foreshadowing a reversal and initial institutional...
This is my first attempt on implementing a statistical method. This problem was given to me by @lejmer (who also helped me later on building more efficient code to achieve this) when we were debating on the need for higher resource allocation to run scripts so it can run longer and faster. The major problem faced by those who want to implement statistics based...
TL,DR: A trend indicator with deviation bands using a modified Donchian calculation This indicator plots a trend using the average of the lowest and highest closing price and the lowest low and highest high of a given period. This is similar to Donchian channels which use an average of the lowest and highest value (of a given period). This might sound like a...
Trading Channel aims to be a canvas on which to develop any strategy that the user feels comfortable with. The greatest utility of the script lies in the fact that it plots a channel over the price action, as a support and resistance pivot, within which the price action develops. It is a script of maximum simplicity in concept and development, but at the same time...
Simply calculates required price to achieve target RSI value. At standart RSI graph we only see bar close (or selected value like high/low) RSI values but there are spikes at RSI like price bars. There are kown working (resistance or support) RSI levels, you may want to set some orders to these RSI values but it is impossible to set Sell/Buy orders for RSI values...
These are the annualized returns for quarters' futures contract. The returns are generated from buying spot and shorting futures contracts, and sometimes the rolling yields reflect the market sentiment. Please select spot symbol, it will display rolling APY, which supports all quarterly contract coins, and supports exchanges BINANCE, BYBIT, KRAKEN. It only needs...
Hi Dears! hereby, I present you one of my indicators which is a kind of artistic indicator. It calculates different ranks of functions and based on them suggests a buy or sell order which is depicted on right-side separately. Inputs: (For calculating) +Source: +Length: Number of previous bars in calculation +Topology: ++EMA ++RMA ++SMA ++RSI +OVER BOUGHT RSI:...
This indicator works very similarly to Elder's Force Index (EFI) and builds on top of what I have for the Money Flow Line (see my other scripts). It combines price movements with volume to create sort of "dollar flow" pressure up and down, looking for "smart money" ("big money") to make their move. The indicator uses a lookback period to calculate a standard...
█ Overview The Probability Oscillator uses a Bayesian approach to measure the probability of a price movement and trend continuation. This approach considers the prior probability of a price movement and the current market conditions to identify trends, sentiment, momentum, and retracements. █ How does the indicator work? The Probability Oscillator is...
It is easy to loose track of time and price volatility when the chart automatically scales to the bars on the chart. This helps you keep track. This is a very simple indicator that is designed to ensure that you're looking at a segment of the chart that is relevant to the trade you're considering in both price distance and time. The Problem: When looking at...
🎲 Overview 🎯 This BOS(Break Of Structure) indicator build based on different MA such as EMA/RMA/HMA, it's usually earlier than pivothigh() method when trend beginning, customer your BOS with 2 parameters now. 🎲 Indicator design logic 🎯 The logic is simple and code looks complex, I‘ll explain core logic but not code details. 1. use close-in EMA's...
SWING RAPAT JIK ( LOW-HIGH ) Smart Money TrendBand ( 2023 updated edition ) The Swing Rapat Jik indicator is a method of knowing whether the current market is either at the highest or the lowest price. It is also a relatively less risky strategy and suitable for long-term traders such as swing traders. The analysis tool used is based on the Relative Strength...
🔶 OVERVIEW • This educational script will sort an array of tickers alphabetically and place these values in an table , together with the according current price value next to each ticker . 🔶 SORT ALPHABETICALLY 🔹 I. We make a User Defined Type (UDT) obj , with: · ticker - the string name of the ticker · price ...
A pull-back occurs whenever the price or the value of an indicator breaks a line and comes back to test it before continuing in the prevailing trend. The RSI has oversold and overbought levels such as 20 and 80 and whenever the market breaks them returns to normality, we can await a pull-back to them before the reversal continues. This indicator shows the...
HISTORY AND CREDITS––––––––––––––––––––––––––––––––––––––––––––––––––––––– The indicator is inspired by studies from Ned Davis' NDR Institutional Service. I have shared before the backtest of this indicator, and now have coded it for TradingView so that you can have it on your charts. WHAT IT DOES––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––...
The Relative Strength Index (RSI) is a technical indicator based on price movements that is used to determine whether a particular asset is overbought or oversold. It measures the ratio of rising to falling prices over a certain period of time. The Fear & Greed Index, on the other hand, is a composite index that tracks the sentiment of the crypto market. It is...
There are many method of measuring value of stock. However I'm proposing most basic stock valuation based on Book Value, Earnings , Dividends and Money Supply: SV = (BVPS + EPS + DPS ) * ( M3 /M1) BVPS = Book Value Per Share (Asset - Liability) EPS = Earnings Per Share DPS = Dividends Per Share M3 = M3 Money Supply (Money Market) M1 = M1 Money Supply (Base...