█ OVERVIEW The "Price Action Reversion Bands" is designed to help traders identify potential reversal zones through the integration of polynomial regression, fractal analysis, and pinbar detection. This tool overlays directly onto the price chart, providing dynamic visual cues and signals for market reversals. Its unique synthesis of these methodologies offers...
The Indicator The Indicator combines volatility and frequency distributions to forecast an area of possible price expansion with an approximate confidence interval / level and level of significance (significance level). The Script Formula Additional comments To alter the models forecasting precision to reflect a given confidence interval, e.g the 90%...
Hello Traders This Trading Indicator / script is my interpritation of the use of shannons entropy in Trading, hope you find this usefull !!! Information Entropy Oscillator : In Physics, entropy is a concept and a measurable physical property that is most commonly associated with the state of disorder, randomness or uncertainty of a system. In the...
Dynamic Trailing Support & Resistance (DTSR) : Hello Traders !! DTSR is an objective dynamic support and resistance zone channel, Unlike subjective technical analysis DTSR finds S&R zones by calculating a range threshold within a given range over a specified lookback. FIB (Fibonacci) 38.2% and 61.8% retracement zones are also plotted for intermediate zones of...
Hi Traders The script : The Time sessions script plots the trading sessions of both New York and London markets (background fills), In addition to the above the script also plots a user defined trading session period (vertical lines). All plots may be toggled true or false inorder to ensure you can focus on the respective market / markets / custom session....
Hi Traders ! Just finished my Y2 university finals exams, and thought I would cook up a quick and hopefully useful script. VWAP + Session Average Lines : Volatility Weighted Average Price in the standard case is a trading indicator that measures the average trading price for the user defined period, usually a standard session (D timeframe), & is used by...
Hello Traders ! Looking for better trading results ? "This indicator shows you how to identify price reversals in a timely manner." John F. Ehlers Introduction : The Gaussian Fisher Transform Price Reversals indicator, dubbed FTR for short, is a stat based price reversal detection indicator inspired by and based on the work of the electrical engineer now...
My first Published contribution. Gracious thank you to all Pine Coders, this has subtle features that have multiple shifts based on inputs. with some experimentation, one might try pushing other sources at the hue dials and see more dynamic indication. for John Ehlers article TASC Magazine This Month. - Special Edition.
This is a Pine script that helps traders format numbers in different ways to make it easier to read and display big numbers on TradingView. this script is specifically to help other fellow pinecoder. Its not a indicator. The above code is an example of how to format numbers in TradingView using two different formats: Indian and USA. The code defines a function...
For those who likes clean chart: Adjustable Symbol ticker and timeframe( AKA watermark) script is here. 1: You can place Symbol ticker and timeframe info anywhere on the chart. Also you can hide one of them or both. Position: Horizontal options: Left Center Right Vertical options: Top Middle Bottom Size: Tiny Smal Normal Large Huge Auto Color is...
Library "TimeLockedMA" Library & function(s) which generates a moving average that stays locked to users desired time preference. TODO - Add functionality for more moving average types. IE: smooth, weighted etc... Example: time_locked_ma(close, length=1, timeframe='days', type='ema') Will generate a 1 day exponential moving average that will stay consistent...
█ OVERVIEW After reading all the new names and renames that Pine Script V5 brought to us, I knew that my old Notepad++ User Defined Language (UDL) would need a big update, so I decided to do a complete remake using the same Dark color scheme theme of the Pine Editor. Then, I create a Notepad++ Theme and the Auto-Completion file with the Parameter hints for...
Library "smf" f_strLeft(string, int) Function returning the leftmost `_n` characters in `_str`. Parameters: string : _str: source string. int : _n : number of leftmost characters to return. f_strRight(string, int) Function returning the rightmost `_n` characters in `_str`. Parameters: string : _str: source string. int : _n :...
Greetings Colleagues Following some recommendations and ideas I share this moving average, put all of them together The length calculation is automatic there is only one input. The length is inverse so it will wrap from the longest reference point, hence using phi Moving averages will wrap around the price. I've also added gradient color to plots and fill...
Greetings colleagues. Here I share a tool that uses the color gradient provided by PineCoders and lucf. This tool was made for the reason that whenever we start with an idea for a script, we end up consuming a lot of time in selecting suitable colors. An RSI was taken as a reference for the signal You have multiple switches for axes, fill, background and...
This code was written using: •Pine Script Coding Conventions. This script provides a very useful tool for new community users and professionals. It puts at your disposal a Moving Average Ribbon by hand to graph and easily find the ones with the highest performance. The creation of this script was motivated because in free TradingView accounts there is a limit...
█ OVERVIEW The new varip keyword in Pine can be used to declare variables that escape the rollback process, which is explained in the Pine User Manual's page on the execution model . This publication explains how Pine coders can use variables declared with varip to implement logic that was impossible to code in Pine before, such as timing events during the...
NOTE The non-repainting technique in this publication that relies on bar states is now deprecated, as we have identified inconsistencies that undermine its credibility as a universal solution. The outputs that use the technique are still available for reference in this publication. However, we do not endorse its usage. See this publication for more information...