DISCRIPTION Shiller PE ratio for the S&P 500. Price earnings ratio is based on average inflation-adjusted earnings from the previous 10 years, known as the Cyclically Adjusted PE Ratio (CAPE Ratio) TIME FRAME 1M HOW TO USE It provide historic Shiller PE which will provide over-bought or over-sold condition historically from 19th century. MODIFICATION When the...
The NAAIM Exposure Index represents the average exposure to US Equity markets reported by members. The line depicts a two-week moving average of the NAAIM managers’ responses. It is important to recognize that the NAAIM Exposure Index is not predictive in nature and is of little value in attempting to determine what the stock market will do in the future. The...
Modified from the opensource script posted by the user "everget". Added a few lines to include EMA controls which substantially removes noise signals.
This box contains two strategies, several moving averages and Bollinger Bands. PFR or "Reversal closing price" is a simple and effective strategy, widespread by the Brazilian trader Stormer. The purpose is to make the candles generate the input signal more clearly. Description: When the sales PFR candle appears colored, watch out for the next candle. If he...
This version is for use with the German TecDax index only! About McClellan Oscillator Developed by Sherman and Marian McClellan, the McClellan Oscillator is a breadth indicator derived from Net Advances, the number of advancing issues less the number of declining issues. Subtracting the 39-day exponential moving average of Net Advances from the 19-day...
About McClellan Oscillator Developed by Sherman and Marian McClellan, the McClellan Oscillator is a breadth indicator derived from Net Advances, the number of advancing issues less the number of declining issues. Subtracting the 39-day exponential moving average of Net Advances from the 19-day exponential moving average of Net Advances forms the oscillator. As...
Hi! WPR is the Williams percentage range indicator in my design. The main idea is that the intersection of the indicator and the moving average in the overbought and oversold zones + color highlighting gives more clear visual signals for making trading decisions based on this indicator.
This is my first attempt to convert my price action trading principles into pine script. As price action trader, we attempt the see the hidden strength of buyer in sellers candle and vice versa. I use simple calculation of candle wick to body -proportion to assess the strength. This script identifies the proportion of buyers and sellers in any given candle in...
A close approximation of Willy Woo's Top Cap indicator. Top Cap is BTC's market cap cumulative average x 35 Since trading view lacks the data from 2010 to 2014 that is used for the calculation, initial values are taken from Willy Woo's chart. The indicator must be applied to a CRYPTOCAP:BTC chart and daily timeframe
Hello All, Today I am here with a new idea and script, " LTB Zigzag Circles ". The idea is to create Circles using last 2 zigzag waves and to catch the breakouts earlier than horizontal lines. if a circle is broken then the script shows entry for Long/Short positions. and if broken circle reappears again then the position is closed. You can change Zigzag period...
I am playing OBV now. The original OBV is only calculate CLOSE. I got an idea about XOBV with HLOC. A bar has 5 periods: - Open--Low--Open--Close--High--Close or - Open--High--Open--Close--Low--Close Assume that volume will evenly distributed on these 5 periods. Only Open--Close period has effective changed volume. So XOBV = OBV *...
An utility function to parse session inputs. Extracts hours, minutes and weekdays (if defined) and returns a tuple as the result. _parseSession(sessionString) => (hourStart, minuteStart, hourEnd, minuteEnd, weekdaysArray) Examples presented on the chart.
Price curves consist of much noise and little signal. For separating the latter from the former, John Ehlers proposed in the Stocks&Commodities May 2021 issue an unusual approach: Treat the price curve like a radio wave. Apply AM and FM demodulating technology for separating trade signals from the underlying noise. reference: financial-hacker.com
This script doesn't give buy or sell signals. It gives a reference point to the previous day's high and low as well as the previous week's high/low. This will be helpful for intraday trading decisions.
This is a indicator which indicates breath of the market. If found relevant do let me know!! Only handpicked relevant 20 stocks (20 +ve indicator+ 20 -ve indicator) from different sector . As there is the limit of 40 script allowed only. Further modifications might be there if the limit is increased to 100 (50 +50 indicator) .
Add to a quote, set the current total transaction cost (i.e. Spread (%) to 0.04 if BTCUSDT binance future, Spread (base) 0.0001 if trading EURUSD with 1 pip net spread). Both lines indicate the relative volatility corrected cost of trading (ATR as orange line, StdDev as cyan).