What is ATRP? Average True Range Percentage (ATRP) expresses the Average True Range (ATR) indicator as a percentage of a bar’s closing price. How does this indicator work? ATRP is used to measure volatility just as the Average True Range (ATR) indicator is. ATRP allows securities to be compared, where ATR does not. ATR measures volatility at an absolute level,...
This is a Multi Timeframe moving average ROC (percent of change) dashboard. This dashboard shows percent of change of current price to a moving averages on different time frames. Most left value in the dashboard always represents your chart time frame, while the next 3 represent other time frames which you can set in 'MA+ ROC' settings. Support User Defined time...
I really love the new Pinescript creation --- tables . This one is designed to remind you of DAILY and WEEKLY data when you drop to lower timeframe charts. Weekly and Daily HIGHS and LOWS are completely objective pieces of information. Good for declaring characteristics of a trading day. ► If any week or day is considered BULLISH, it means the CLOSING price is...
This indicator is a based on "200 Week Moving Average Heatmap" by Plan B. It shows "heatmap" of a security based on % increase of its 200 week (or other) moving average. It can be used for Bitcoin, as well identifying overheated Stocks (like TSLA). Plan B designed this indicator for Bitcoin using MA = 1400 (which is 200 trading days in Crypto), I personally found...
A Renko Tick chart based on continuously adjusting percentage. Live Renko bricks formed by tick data Adjustable brick width Outline mode, or line mode for more bricks Scalp with a Renko, get weird. The settings can and will break the script if you turn them up too high. Turning off outline mode will not look as nice, but can potentially allow for a...
█ OVERVIEW Retrograde Planets is a TradingView script that highlights the retrograde cycles for all the planets including : Mercury, Venus, Mars, Jupiter, Saturn, etc etc.. A lot of Time-Theory/Gann traders use these cycles to gauge volatility and trend of the market. This script can highlight all the previous retrograde cycles of any planet of your...
The bread and butter of strat traders is multi-timeframe analysis. We do MTFA in 2 different ways: 1) By Looking for entries confirmed by Full Timeframe Continuity which is just another way of saying that on multiple timeframes, the candles currently forming are all uniform in direction(ie. all red candles or all green candles), and 2) Looking for Strat reversal...
Pinescript tables are a nice addition to the language. This one shows a complete distance from daily low to daily high and/or from the daily open to the daily close. ► You can show the distance between low and high ► You can show the distance between open and close ► Have this data for 8 last days ► Flip a table if you need to I used the original...
This is not an indicator, just for fun and testing out the new table functions. Requires bar replay to calculate (quickly) one generation to the next. A random pregen seed and a few other known seeds picked at random. The limited grid dimensions affect the outcome for some.
1. Linear Regression including 2 x Standard Deviation + High / Low. Middle line colour depends on colour change of Symmetrically Weighted Moving Average . Green zones indicate good long positions. Red zones indicate good short positions. (Custom) 2. Symmetrically Weighted Moving Average. Colour change depending on cross of offset -1. (Fixed) 3. Exponentially...
Intrangle is an indicator to assist Nifty / Bank Nifty Option Writers / Sellers to identify the PE / CE legs to Sell for Straddle and Strangle positions for Intraday. Basic Idea : (My Conclusion for making this Indicator) 1) Last 10 Years data says Nifty / Bank Nifty More than 66% of times Index are sideways or rangebound (within 1% day) . 2) Mostly, First one...
I'm very new to trading. I've been toying with moving averages to trigger swing trades and wanted an indicator that would swell when price moves sideways and squeeze when price is trending. So this is the inverse of the popular Bollinger Bands indicator. It makes a very easy identifier for price breakout when paired with your favorite fast moving average. When MA...
This case study is based on a previous Bollinger Bands study, but with two different counts to compare different trends. The use of this indicator is restricted to private use and it can be used only by invitation. Different functionalities have been added to the original code, such as alerts and signals that seek to make trading much easier to interpret by...
Indicator works on Mean reversion rule and end user can take the counter trend trade if extreme emotions are shown by bar color
This is a simple CPR script that plots the following data, Central Pivot, Pivot, Bottom Central Pivot. Thanks.
Hello everyone, the new table-functions came out, so I wanted to give it a try. With this indicator you can get an overview for your chart by looking at multiple timeframes and different type of indicators for each timeframe. How does it work? The indicator uses 3 different timeframes, which you can select in the settings-tab. For each timeframe it will look...
Hello All, This script shows Indicator panel in a Table. Table.new() is a new feature and released today! Thanks a lot to Pine Team to add this new great feature! This new feature is a game changer! The script shows indicator values for each symbol and changes background color of each cell by using current and last values of the indicators for each symbol....