Hi, I give you an experimental 'indicator', which is used here to plot the red RDSI against the green RDSI, it has nothing to do with values, it just shows if one is bigger than the other, and this in a unique way. You can choose if each minute another figure emerges, or you can pick 1 of the 60 figures. Each second the figure will move (just fun, or...
Displays the $ Premium traded in S.Korea. (yes, i have the positive premium as a negative displayed as green %)
This indicator attempts to show a trader when is the best time to open a long or short position. The calculations are partially based on volatility , SMA , EMA and predefined values depending on the time frame you use. We collect data from comparing the current price, calculating the average move of the market, top, bottom and close of the latest bars. The middle...
A simple script using the last three bars(including the current) and draws a line on the chart under that for an easy automated stop loss point
I tried to make the vertical width asymmetric with devBand by weighting the volume of Keltner Channels. The conventional Keltner Channels was difficult to adjust when the length was increased, but the adjustment was successful with length 100. As for how to use it, it is assumed that you will search for profit timing in the trend...
Derivative from TradingView's legay PSAR indicator, it allows independent values for bullish and bearish trends.
This script produces price bands around an EMA based on a manually inputted Implied Volatility. The idea builds on my previous "Implied Move" script which helps visualize the distribution of prices that the market is 'pricing in' via options/implied volatility. It's up to the user to determine the implied volatility level they use, I like using the free version...
This script isn't about creating a correlation script with labels, there is a perfect working example of @Mango2Juice (Correlation Matrix, which was inspired by @Daveatt's Correlation Matrix) The intention was making it with the use of as less code as possible, looping through array's The Pine correlation function doesn't work consistently in a local scope...
This script shows 3 Donchian Channel 78.6% and 21.4% intermediary level lines to perform trade analysis. Besides those 6 lines it also optionally shows Fibonacci's retracements with 100%, 127%, 162%, 200% and 262% for one of the Donchian channels. The 3 Donchian Channels used have default lengths 72, 305 and 1292, calculated after the first length default value...
The MM Session Open Algo is a strategy to catch the opening breakout of a security displays the current session with background color Entry, Stop Loss Based on Atr, and two Take Profit levels Kill zone entries for New york and London session provides valid signal for entry once price crosses entry line and set "opening session price" to determine what signal...
Now can be used by everyone. Chobotaru Indicator has two functions: 1. Probability cloud, giving the probability of stock or future to move to a certain price. 2. Help traders understand where to take profit and where to put a stop-loss. You don’t need knowledge about options trading, this indicator is for all traders/investors. What does the indicator do?...
A very simple crude way to visualize a spread between Ask and Bid orders. Useful if you are trying to compare pairs to market make against using one exchange's price feed to define prices for your bot on Another exchange. Made this for myself. Might add more functionality later where rather than adding the symbol to compare it will auto add it then draw flags and...
RSI PRECISION By Giorgos Protonotarios, Financial Analyst (March 2021) -------- ■ SHORT DESCRIPTION RSI PRECISION is an oscillator designed to enhance RSI with price volatility and make it much more accurate on longer time frames. The oscillator aims to identify overbought/oversold market levels, and it is ideal for analyzing volatile markets such as the...
This indicator automatically shows the close price on the chart. The highest and lowest close prices for the last 20 days are set by default but can be changed.
This Indicator is SUPER upgraded script of Normal Moving Average Deviatin Rate. As you know, Moving Average Deviation Rate is very powerful method when you take a position of Contrarian. added Long and Short signal by Triangles by: -OverShoot Signal -ReturnMovement Signal added std-third and std-fourth lines. added colors between std-center line and the zero...
Script to track market makers. Colors candles with higher trading volumes, demonstrating that a lot of smart money is happening. Exponential moving averages of 100, 200 and 233 periods with VWMAP 25 and DRAGON. To use this indicator, it is necessary to understand PVSRA strategy. You can read our PVSRA study on our...
Hello Traders With the Ultimate Strategy Template , I shared a template to connect any indicator to this template and get backtesting results in less than a few minutes Now sharing another template ... many traders ask me to develop for them a screener/scanner based on a custom indicator on TradingView. The current TradingView screeners are great but don't...
This indicator uses a combination of extension from moving averages, and price volatility on different time scales to give buy and sell signals based upon your preferred risk tolerance. Increasing the buy and sell basis will reduce the chances of false signals, in addition for more advanced users the length of the Bollinger Bands, SMA's, and EMA's used can each be...