This is a strategy using SPX's Fair Value derived from Net Liquidity. The main difference between this one and calebsandfort's one is net liquidity values in this one are calculated in TradingView and doesn't need author's daily library updates to function. Net Liquidity function is simply: Fed Balance Sheet - Treasury General Account - Reverse Repo...
Hello! This script "Gaps" is a continuation and improvement on a subset indicator included in the "Quartile Volume; Volume Aggregation; US Range Bars; Gaps)" script! As advised by @thebearfib, the "Gaps" indicator is now standalone! Features Stat: Avg. Bars to Fill Up Gap Stat: Avg. Bars to Fill Down Gap Stat: Cumulative Up Gap % Increase Stat:...
A very simple indicator that displays the Open of the specified Timeframe How to use this indicator? 1. Directional Bias Bullish => Closing Price > Period Open Bearish => Closing Price < Period Open 2. Support / Resistance Each Period Open can be used as Support or Resistance 3. Take Profit Targets Each Period Open can be used as targets for taking profit
This trading system, called "I11L - Risk Adjusted Leveraging", is designed to manage trades based on the current market volatility relative to its historical average. The system calculates the target number of open trades based on the ATR (Average True Range) indicator and adjusts the leverage accordingly. The system opens and closes trades using a pyramiding...
Display variations in min-max and median values of high, low and close across exchanges. It's a kind of realized volatility indicator, as the idea is that in times of high volatility (high emotions, fear, uncertainty), it's more likely that market inefficiencies will appear for the same asset between different market makers, ie, the price can temporarily differ a...
Measures the deviation of price metrics between various exchanges. It's a kind of realized volatility indicator, as the idea is that in times of high volatility (high emotions, fear, uncertainty), it's more likely that market inefficiencies will appear for the same asset between different market makers, ie, the price can temporarily differ a lot. This indicator...
█ OVERVIEW This script will help you track multiple indicator divergences in an easy, clean, and very visible way. Currently supported indicators at the time of script publishing are the Relative strength index (RSI) and On balance volume (OBV). If you have suggestions on which other popular indicators to add, leave them in the comments or message me...
╭━━━╮╱╱╱╱╱╱╭╮╱╭╮ ┃╭━━╯╱╱╱╱╱╱┃┃╱┃┃ ┃╰━━┳━━┳╮╭┳┫┃╭┫╰━┳━┳┳╮╭┳╮╭╮ ┃╭━━┫╭╮┃┃┃┣┫┃┣┫╭╮┃╭╋┫┃┃┃╰╯┃ ┃╰━━┫╰╯┃╰╯┃┃╰┫┃╰╯┃┃┃┃╰╯┃┃┃┃ ╰━━━┻━╮┣━━┻┻━┻┻━━┻╯╰┻━━┻┻┻╯ ╱╱╱╱╱╱┃┃ ╱╱╱╱╱╱╰╯ Overview Equilibrium is a tool designed to measure the buying & selling pressure in the market. It is depicted as a “pressure gauge” that automatically adjusts as new candles are formed, providing...
This indicator will show the middle price of the first one-minute candle of BankNifty at 9:15 AM for every day.
Hi , in this script i tried to find reversal points on big trends. For this purpose i have used Supertrend and Donchian channels. I combined both in a single indicator for finding reversal points. I am suggesting for using higher time frames like 4 hours or 1 day. It will be work in lower time frames too. But the signals will be less reliable than higher...
The original idea from this script is from the script " Percentage Relative Strength " by dman103 . The original script compared a symbol to an index by their everyday percentage change. The symbol percentage was subtracted from percentage change of the index, & the results were then smoothed by moving averages. Instead of daily percentage changes, this script...
A vertical line plotting function is missing in Pinescript. This is another method to plot vertical line on a chart, and an improvement on my previous script "vertical lines" . The script hacks the plotcandle function to display just the wicks without the body. This hack simulates a vertical line. The body of the candle is non-existing since the open and close...
tool for calculate drawdown and run-up from order open and close 用來計算潛在獲利跟虧損的工具 導入指標然後拉取範圍,工具會幫你計算到目前為止曾經最大的獲利或虧損點數 注意點數根據當下券商的最小值(symbol.min_tick)而有所不同 -- Tool is for the convenience of use, users should bear all risks for their investment decisions. The tool information is for reference only and does not provide any...
This is a volume Candle indicator. Volume Candlestick charts are created in the traditional way using open, high, low, and close data but with the addition of a volume component that determines the width of the candlestick. The greater the volume, the wider the candlestick. The colors in the Volume chart also have meaning. A green volume bar means the stock closed...
Library "ThemeLibrary" TODO: add library description here theme(_theme) : a library of themed colors Parameters: _theme : : the theme color to fetch Returns: : an array of colors
The indicator is designed to identify specific patterns in price and volume movements that can signal potential trading opportunities. It does this by calculating several conditions based on the current bar's price and volume movements. The code defines five conditions: Narrow Spread Up Bar, Wide Spread Down Bar, No Demand Bar, No Selling Bar, and Churning. These...
█ OVERVIEW TASC's April 2023 edition of Traders' Tips features an article entitled "Just Ignore Them: Undersampling The Data As A Smoothing Technique" by John Ehlers, which explores a method for reducing noise through data sampling. This script implements the article's proposed Undersampled Double MA indicator. █ CONCEPTS The conventional approach to...
The Interactive Range Analysis script is an essential tool for analyzing price ranges. It automatically draws important range levels, generates a Volume Profile or Open Interest profile and horizontal/vertical heatmaps, plots the anchored VWAP, draws Fibonacci levels, and much more. How to use the indicator: 1. The script will prompt you to select the "Start...