What Is Z-Score? Z-score is a statistical measurement that describes a value's relationship to the mean of a group of values. Z-score is measured in terms of standard deviations from the mean. If a Z-score is 0, it indicates that the data point's score is identical to the mean score. A Z-score of 1.0 would indicate a value that is one standard deviation from the...
Unemployment rate percentage of unemployed individuals in an economy among individuals currently in the labour force. It is calcuated as Unemployed IndividualsTotal Labour Force × 100 where unemployed individuals are those who are currently not working but are actively seeking work. The unemployment rate is one of the primary economic indicators used to measure...
The SuperJ indicator is a powerful tool that utilizes VWMA (Volume Weighted Moving Average) and ALMA (Arnaud Legoux Moving Average) to filter and enhance the KDJ indicator, resulting in a smoother J line and the creation of the SuperJ indicator. By incorporating TVMA (Triggered Volume Moving Average), the SuperJ indicator can generate trigger signals that can form...
90m cycles for 7:30-9, 9-10:30, 10:30-12 This indicator shows the 90 minute cycles for 7:30am-9am, 9am-10:30am and 10:30am-12pm New York time.
The Stocks Seasonality Gauge (SSG) Indicator is meticulously engineered to assist traders in discerning the historical and current performance trends of a particular stock, leveraging a blend of historical data analysis and Exponential Moving Average (EMA) computations. Through the lens of seasonality and recent price movements, this indicator provides a rich...
Correlation is a statistical measure that expresses the extent to which two variables are linearly related (meaning they change together at a constant rate). It's a common tool for describing simple relationships without making a statement about cause and effect. This script allows the user to input a multiplier to reverse the symbol input. This enables the user...
The indicator "Yearly and 12-Week Percentage Difference with EMA" is designed to display the annual and 12-week difference in the percentage variability of asset prices, as well as their exponential moving averages (EMA) on the TradingView chart. EMA Period (EMA Period): This is a configurable parameter that allows you to select a period for calculating the...
***READ THIS FIRST**** THE MASTER PATTERN Indicator USER AGREEMENT *** The personal/private use of this indicator is allowed, commercial use is FORBIDDEN. ***Commercial use will be interpreted as taking advantage of the free indicator in order to profit from it, for example: as part of any courses or...
Clear trend identification is an important aspect of finding the right side to trade, another is getting the best buying/selling price on a pullback, retracement or reversal. Triple Ehlers Market State can do both. Three is always better Ehlers’ original formulation produces bullish, bearish and trendless signals. The indicator presented here gate stages three...
The PA-Adaptive Hull Parabolic is not your typical trading indicator. It synthesizes the computational brilliance of two famed technicians: John Ehlers and John Hull. Let's demystify its sophistication. █ Ehlers' Phase Accumulation John Ehlers is well-known in the trading community for his digital signal processing approach to market data. One of his...
A simple tool that displays the remaining time of M15, H1, H4, and D candles until they close. Moreover, It works on all timeframes with all the exact data of the desired timeframe. It can be such a useful tool when you using OHLC, AMD, and other theories. As you do not need to scrub back and forth through different timeframes to look for a bar close....
SuperTrend is one of the most common ATR based trailing stop indicators. The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. In this version you can change the ATR calculation method from the settings. Default method is RMA, when the...
Inspired by @jeffsuntrading and @Fred6724 's ATR% multiple from 50-MA . There are no catch-all values, however a high of 6 and a low of -4 generally has been valuable to me. I tend to look at the historical highs and lows of the indicator, and adjust the Value High and Value Low accordingly to get an idea when profit-taking may be sensible. The essence is...
This unique indicator highlights the dates of full moons on your chart with vertical dotted lines. The significance of the full moon in trading and its potential influence on market behavior has been a topic of interest for many traders. With this indicator, you can easily visualize these lunar events and their potential impact on the market.
Xeeder - US Government Bonds Analysis (USBA) The "Xeeder - US Government Bonds Analysis" (USBA) is a comprehensive tool designed to assist traders in analyzing the spread, historical volatility, and correlation between two different U.S. Government Bonds. This indicator is crucial for understanding the relative performance and risk factors between two bond...
Seasonal trend in terms of stocks refers to typical and recurring patterns in stock prices that happen at a specific time of the year. There are many theories and beliefs regarding seasonal trends in the financial markets, and some traders use these patterns to guide their investment decisions. This indicator calculates the trend by "Daily" logarithmic returns of...
This script calculates the average price moves (using each bar's close minus the previous bar's close) for the trading days, weeks or months (depending on the timeframe it is applied to) of a number of past calendar years (up to 30) to construct a seasonal trend which is then drawn as a seasonal chart (overlay) onto the price chart. Supported are the 1D,1W,1M...
This indicator shows Fed Funds Rate vs US inflation. It also shows the US 10 year bond yield and provides a color indication that aims to indicate if this is a period where owning TLT is a good idea or not. It is not investment advice and it is only aiming to indicate whether the trend is supportive or not for long dated US bonds in comparison with short dated...