The purpose of this indicator is to combine the four basic types of indicators (Trend, Volatility, Momentum and Volume) to create a singular, composite index in order to provide a more holistic means of observing potential changes within the market, known as the Unified Composite Index . The indicators used in this index are as follows: Trend - Trend Composite...
Calculate a sort of correlation between two symbols based only on the sign of their changes, regardless of the amplitude of price change. When positive, the two symbols tend to move together. When negative, the symbols move in opposite directions. Since there is no significance calculation, and that the result is binary, keep in mind that correlation will always...
Level 3 Background Smooth VWAP based on stock turnover and calculate the slope of the smoothed VWAP Function This is a technical indicator for stocks only. Because of the use of TradingView's financial functions, the scope of use is limited to stocks. It will give an error when you use it for other trading pairs. According to if the VWAP is smoothed according...
Three trend indicators in one. Fork of Gunslinger2005 indicator, with a fix to display the nQQE oscillator correctly and clearly, and converted to pinescript v5 (allowing to set a different timeframe and gaps). How to use: Essentially, nQQE is a long term trend indicator which is more adequate in daily or weekly timeframe to indicate the current market cycle....
With this indicator, we try to catch the trends in price. With continued use of this indicator, we expect it to eventually escape horizontal positions and catch up with continuous trends. Combined with the WilliamsR indicator and the exponential moving average indicator. The WilliamsR Fisher Transforms are combined with the ATR indicator to create a line...
I get a lot of requests about my indicators that I use. Unfortunately, at this time I cannot make those public but I thought about creating a makeshift alternative people could use as a reference. I came up with this very simple yet extremely effective indicator. I call it the average or expected move plotter, but its essentially the average move plotter. All it...
This indicator is based on HUll (shown ) plus log trend to control it you need to play with the following : TF is in minute time - I use this method as it allow us to calibrate it more precisely then regular way of Hull indicator next is the factor value set to 0.001 ( you can increase it if you want less signals to be ) signals of buy and sell are added I...
This script uses 2 moving averages of Unemployment and projects a possible recession period or bull run period. A Red Dot means a recession could've started or is coming soon - markets could possibly fall for the next few months. A Green Dot means a bull run could begin following a recessionary period - markets could possibly rally for the next few months. Using...
Divergence for Many Panel (D4MP+) This Divergence for Many Panel indicator is built upon the realtme divergence drawing code originally authored by LonesomeTheBlue, now in the form of a panel indicator. The available oscillators, hand picked for their ability to identify high quality divergences currently include: - Ultimate Oscillator (UO) - True Strength...
============ ENGLISH ============ - Description: This is an standard MACD with another higher timeframe auto-configurable MACD (this means that you can customize which higher timeframe will be shown automatically depending on the current one), only MACD and SIGNAL lines are visible for both, background color depends on their agreement, MACD with SIGNAL line are...
This indicator has added the option to set different colors for a size target so you can set and instantly knows if the volume is above or below your target by seeing the different colors. Furthermore, I've added the option to opt-out of the error message that blocked the use of the 'crypto' market with the 'tick' type because maybe some users needed it, for...
The indicator is an experiment to Predict Stops and 1st target for any liquid security and for any timeframe, Intro The indicator is made using Predictive Differential Filter of 2nd Degree and an Adaptive Filter to generate Signals and define Targets and Stops An adaptive filter is a system with a linear filter that has a transfer function controlled by...
Introduction This tool can be used in multiple ways: explore a Symbol's historical volatility for DCA and Grid trading strategies. combine with Order Blocks as confluence before entering trades intra-trade management - partial exits and moving SL into profits Features Draw Quarter Point levels on chart based on the visible range. Interval between...
Hello fellow tradeurs, I couldn't find one similar on TV so wanted to make it.. Took me a little while to figure some things out as I am in new coding territory with this script. I had a hard time finding ways to make only a partial zone/box disappear if price only crossed part of it. Nonetheless, I figured it out so I hope you enjoy the outcome. Now, allow me to...
An easy way to track what big money and market makers are doing in the markets. The Big Money Flow & Drift Oscillator is best suited as a trend indicator, estimating what way the market will drift on low volume and what way it will move on large volume. This oscillator is composed of two lines, the Big Money Flow and Drift Oscillator. The Big Money Flow line...
Level 1 Background This technical indicator can judge the upside potential of individual stocks based on the slope Function This technical indicator determines whether the trend continues or reverses by defining a fast slope and a slow slope. If it shows a golden cross to buy at a low level, a dead cross to sell. It can be combined with other types of fast...
Library "normsinv" Description: Returns the inverse of the standard normal cumulative distribution. The distribution has a mean of zero and a standard deviation of one; i.e., normsinv seeks that value z such that a normal distribtuion of mean of zero and standard deviation one is equal to the input probability. Reference: github.com normsinv(y0)...
Following indicator is a multi-asset monitor Possibilitys: 16 Custom tickers 7 Colorschemes Smoothing and scaling of the assets invert the colors shift the labels left/right