First of all, I would like to thank the author @LonesomeTheBlue. This indicator developed on the source code "Point and Figure (PnF)" by author @LonesomeTheBlue. This indicator calculate the range (Cause) of Phase accumulation or distribution to calculate the taget (Effect) based on the Wyckoff Method. Formula for calculate move value target : Col * BoxSize *...
This indicator is made for educational and study purposes only. The reason I made this script was to have open price lines which are able to be customized to your preferred timeframe. You can go to the settings and select your timeframe and the indicator will draw out the line with a text label. Timeframes: - 5m - 15m - 30m - 1h - 2h - 4h - 8h I also made...
This script paints bars in different colors based on whether they are trending up or down. It shows you if a candle is bearish or bullish based on the high and low of the previous candle. Bull candles form higher highs (HH) and higher lows (HL) from the previous candle and are painted green. Bear candles form lower highs (LH) and lower lows (LL) from the...
Weekly daily Pivot point for ease. This is will show support and resistance on 15 minutes and 30 minutes time frame.
👑 Automatic Fibonacci Retracement on Specific Timeframes + Golden Ratio | by Octopu$ Fibonacci Retracement is a method of technical analysis for determining support and resistance levels. It is named after the famous Fibonacci sequence of numbers: 23.6%, 38.2%, 61.8%, and 78.6% These ratios provide price levels to which markets tend to retrace a portion of a...
Library "Fibonacci" General Fibonacci functions. Get fib numbers, ratios, etc. fib_precise(f, precision) Get the precise Fibonacci ratio, to the specified number of decimal places Parameters: f : Fibonacci ratio (string, in form #.###) precision : Number of decimal places (optional int, dft = 16, max = 32) Returns: Precise Fibonacci ratio...
This is a local polynomial regression of price data. It does not give any explicit prediction, but it helps to show the overall trend and movement of price. Due to limitation of Pine, this script can only calculate for a limited length of price series, and the order of polynomial regression cannot be too high.
The Black Scholes Merton model If you are new to options I strongly advise you to profit from Robert Shiller's lecture on same . It combines practical market insights with a strong authoritative grasp of key models in option theory. He explains many of the areas covered below and in the following pages with a lot intuition and relatable anecdotage. We start here...
⛳ Engulfing Candles (Bullish and Bearish ) with Trend Recognition | by Octopu$ This Indicator identifies and plots Engulfing Candlestick Patterns. Engulfing Candles are a combination of two bars on a price chart. They are used to indicate/anticipate a market reversal. The second candlestick must be bigger than the first, so it 'engulfs' the previous bar. This...
FOR BEST RESULTS PLEASE SWITCH TO LINE CHART OR DISABLE THE CHART CANDLES. BELOW IS A LINE WITH OPACITY TURNED DOWN TO 15% ASIA, LONDON, AND NEW YORK SESSIONS CAN BE CUSTOMIZED (1ST 3 HRS DEFAULT) VOLUME CANDLES CAN BE APPLIED WITH SUPPLY AND DEMAND OR MARKET MAKER METHOD. IN A STRONG TREND YOU WANT TO SEE REPEATED HIGH VOLUME CLUSTERS IN THE DIRECTION...
Take a look. Couple of confluencial reversal signals from popular indicators (W%R, RSI & CCI). I can only say this shows how random the "stanard tools" are and how the market makers "play" these kind of tools to their advantage. That said. It's better tha average, but not top-class, so expect to have to take signals with other confluence. DON'T take the plots...
This is a channel type tool I created, heavily influenced by LazyBear COG Fibs script and the COG Fibs script by Joy_Bangla which also uses LazyBear COG Fib logic. All credit to those guys, publishing this open source as well since its nothing here is my original work really.
Just a quick EMA strategy based on the popular SHORT Youtube clip: www.youtube.com in case you were interested in how it would behave when automated.. DISCLAIMER : I'm not a financial adviser and this is not a financial advise. Remember, most traders lose money.
VIX Range, the difference between this and VIX range estimate Is that this Is using calendar days(how options are priced) rather than trading days.
Level 3 Background An ultra-short scaler that I integrate with multiple custom function implementations. Because of its responsiveness it is suitable for small cycle applications. Function The first technical indicator to integrate is the stoch. By combining the stoch indicators of long and short periods, I can not only ensure its high-speed reaction speed,...
What it is: The Crypto Miner Confidence Metric analyses a handful of highly utilized Crypto networks to gain insight into the potential sentiment amongst those securing them and more specifically Crypto miners. What it does: It takes into account the overall trend in the increase or decrease of current computational power securing the networks, otherwise known...
Created for the MarketCipher Community and friends :) This indicator is partly based on Wavetrend Oscillator by LazyBear / blue momentum waves on MarketCipher B. The Wavetrend indicator is a combination of 2 oscillator lines that signals the short term direction of the price once the lines cross. The Wavetrend indicator is useful but only once a divergence has...
A combination of two Relative strength index. One fast and one slow line. In a system, this indicator can serve as an additional confirmation. For example, for a long entry: slow RSI cross above 50 level and fast RSI cross above 70 level. then check volume and use another indicator such as a MACD for extra confirmation For example, for a short entry: slow RSI...