Indicator from the paper "IDENTIFYING BEAR MARKET BOTTOMS AND NEW BULL MARKETS" This paper was the winner of the prestigious 2002 Charles H. Dow Award. Each year the Market Technicians Association, in alliance with Dow Jones and Company, presents an award for excellence in the field of Technical Analysis. The recipient of that award in 2002 was Paul Desmond,...
This indicator visualizes warning and panic signs, which are shown separately. 1. Section (Fear & Greed) Approximation of the CNN Money Fear & Greed index based on code of user MagicEins. The index shows values between 0 (extreme fear, red) and 100 (extreme greed, green). 2. Section (warning signs) VIX: Values above 20 are red and below green. The legend...
This version its made for 8-12h and works amazingly on the ETH pairs. Can be adapted to others as well For this example, I used an initial 1$ account, using always full capital on each trade(without using any leverage), together with a 0.1% commission/fees for each deal, on Coinbase broker. This is a long only strategy The components for the inside of the...
PVD: MACD with volume as source. Options to configure: OBV, PVT, or MFI as source Display PVD or a faux zero-based oscillating CVD
Hello Traders, Here Tweezers and Kangaroo Tail script is in your service. The script searches for Tweezer / Kangaroo Tail candlestick patterns and shows them as T (Tweezer) and K (Kangaroo Tail). Thanks to RorschachT who game me the idea and some details while working on this script. What are these candlestick patterns? Tweezers : - A tweezers...
Combining Pivot High Low and Donchian Channel - both of which are useful indicators for trend following. Donchian Channel shows highest and lowest prices for X number of bars. Pivot High-Low identifies when price made new Highs and Lows Applying Donchian Channel on Pivot High-Low channel, we are plotting highest and lowest pivots formed in X bars. In this...
See the boundaries of the price movement. The big picture. The yellow boundaries are over 2 weeks. The purple boundaries are over 2 months. If a coin is below the lowest purple boundary than it means that it is sinking and it cannot be traded. If a coin is below 50 weeks average (thick red line) than it is not ripe enough for trading also.
This is a small tool for automatic currency conversion for dual listed stocks that trade in different currencies, i.e. Biontec: BNTX (USD) / 22UA (EUR). - The label shows the converted price and the underlying's currency. - Base currency is set to EUR. - Automatically detects the underlying currency via syminfo.currency and converts it.
Trend filter based on higher timeframe candles. Can be used as entry filters. Checks if last 3 higher timeframe candles are in fully ascending order or fully descending order. Additionally you can also check if close price is above min of last two highs or below max of last two lows. Lime and Orange candles imply partial trend in higher timeframe. (only last 3...
This indicator shows the percentage that an asset price is above or below its 50-period simple moving average. You can change the 50-period moving average to whatever you'd like in the settings of the indicator. There are other versions of this indicator that are currently public, but they all use the exponential moving average instead of the simple moving average.
Just a simple script to subtract the DIX of any two symbols give the Delta and Cumulative Delta. The default symbols are QQQ and IWM. There are a lot of possibilities with this, and it could easily be expanded to accommodate more symbols, but there are limitations to how many symbols I can add to this.
Just a simple script to subtract any two symbols giving a delta of the values, and then getting a cumulative sum of each bars delta value. The two default symbols are the Value of All Trades on Upticks for US Stocks, and the Value of all Trades on Downticks for US Stocks. There are a lot of possibilities with this. Delta is turned off by default, to turn it on...
Pivot High/Low for multi timeframes. Could be great entry filter to include multi time frame pivots in trend trading strategies.
How deep is the Rabbit hole? Interesting experiment that finds the RISING HIGHS and FALLING LOWS and place the difference between the highs and lows into separate arrays. == Calculations == In case current high is higher than previous high, we calculate the value by subtracting the current highest high with the previous High (lowest high) into array A, same...
Use this script very effectively to create completely customisable breaks ranging from : YEAR QUARTER MONTH WEEK DAY
An experimental indicator using Pine Script Arrays. The indicators measures the rate of change of the highest highs and lowest lows. I call it the "High Low Rate of Change". The H/L Rate of Change indicator finds the delta between the current highest high and previous highest high and after some filtering places these values into an array. Same goes for the...
Shows the percentage of the body of the candle in relation to the total size of the candle (including wicks)
We all know OBV plays a very important role in figuring out price volume divergences and it can help anyone analyse the directivity force of the market and has a very good tradeoff if applied correctly In this Experiment i have derived liquidity levels for OBV using volume jumps inside the market A volume jump is classified as: Good Volume Jump = 1.618 times...