The SMT Divergences indicator highlights SMT divergences between the chart symbol and two user-selected tickers (ES and YM by default). A dashboard returning the SMT divergences statistics is also provided within the settings. 🔶 SETTINGS Swing Lookback: Calculation window used to detect swing points. Comparison Ticker: If enabled, will detect SMT...
Description: The Open Interest (OI) is a valuable metric that gets released at the end of each trading day. This metric represents the number of outstanding futures contracts held by market participants for a given commodity or market The concept of utilizing the OI data as a strategic trading tool was first introduced by Larry Williams : Rise in Price...
OVERVIEW The "Liquidity Zones" indicator is a tool for traders to identify high and low liquidity areas on a chart. The indicator plots the highest and lowest volume levels within a rolling window of a specified period and calculates the corresponding price levels and zones at which those volumes occurred. The calculated areas represent key support and...
Similar to how a donchian% of channel helps to visualize trend and volatility, this tool helps identify those same characteristics, if the oscillator is generally above the 50 mark, it is considered to be trending upwards, and the reverse if it is generally bellow 50.
As traders, we're always looking for opportunities to profit from sudden price breakouts, and the Volatility Breakout Strategy aims to do just that. This script is the perfect starting point for traders who want to experiment with capturing price movements resulting from increased volatility. The script plots the Average True Range (ATR) on the chart, which is a...
Hello Traders! Discover Myfractalrange latest addition on TradingView, Vaidotas Segenis Momentum Score. How people calculate Momentum is subjective and many people (even professionals) use different Momentum formulas depending on how they view it. This is sometimes confusing for traders. The purpose of this indicator is to identify periods of strong price...
Hello everyone! For those who remember vola2vola volatility script, we are excited to bring it back within the Myfractalrange Tradingview account! As you know, Volatility is very important to assets and many people use it to trade. This tool automate the calculation of the volatility of every asset as well as provide an estimated value of its "Trend" and...
The Volatility Speedometer indicator provides a visual representation of the rate of change of volatility in the market. It helps traders identify periods of high or low volatility and potential trading opportunities. The indicator consists of a histogram that depicts the volatility speed and an average line that smoothes out the volatility changes. The histogram...
The Golden pattern is a three-candlestick configuration based on a variation of the golden ratio (2.618) from the Fibonacci sequence. The bullish Golden pattern is composed of a normal bullish candlestick with any type of body, followed by a bigger bullish candlestick with a close price that is at least 2.618 times the size of the first candlestick (high to low)....
█ Concept Overview The Inner Circle Trader (ICT) methodology is focused on understanding the actions and implications of the so-called "smart money" - large institutions and professional traders who often influence market movements. Key to this is the concept of market structure and how it can provide insights into potential price moves. Over time, however,...
Hello Traders, I have some exciting news to share with you all! Recently, I came across an incredible RSI divergences indicator developed by Socrate_FR. This indicator, in my opinion has an exceptional accuracy in detecting RSI divergences. However, during my exploration of other indicators in the TradingView library that display signals on the price chart, I...
The Chop and Trend Index (CTI) is a unique indicator that provides a different perspective on market conditions compared to traditional oscillators. It is designed to identify periods of market chop and strong trends, and it does so by combining two key components: the number of halfback taps and the strength of the trend. The CTI is calculated by first...
Japanese below / 日本語説明は下記 This indicator shows MACD with its colors changing based on trend strength. The purpose of this indicator is to visually understand phases of trends, which are beginning, advancing and ending, measuring the range between MACD line and signal line. Since MACD is originated from moving average, the range between MACD line and signal line...
The rule of 40 is a popular metric for measuring the quality of SaaS companies. It measures growth and profitability. Companies are considered good if this sum is above 40. It is the sum of the year over year sales growth and profit margin. Rule of 40 = YoY sales growth + profit margin
1. Overview I'll explain a strategy that uses the simple but powerful technical analysis techniques RSI, MA, VOLUME, and RSI Divergence to identify Buy/Sell signals. This strategy utilizes Pine Script of TradingView. Our strategy is based on four fundamental components. - RSI (Relative Strength Index) - MA (Moving Averages) - Volume - RSI Divergence By using...
Library "MyCandleLibrary" TODO: Candle Pattern Library IsEngulfingCandle(n, trendRule) TODO: Identify Bullish Engulfing Candle Parameters: n (int) : TODO: Candle Number trendRule (string) Returns: TODO: If Identify Bullish Engulfing candle return True otherwise False
Welcome to the NDR 63-Day QQQ-QQEW ROC% Spread script! This script is a powerful tool that calculates and visualizes the 63-day Rate of Change (ROC%) spread between the QQQ and QQEW tickers. This script is based on the research conducted by Ned Davis Research (NDR), a renowned name in the field of investment strategy. ⚙️ Key Features: 👉Rate of Change...
The XLY Chart if TESLA and Amazon are removed. This indicator shows what the XLY value would be (hypothetically) if you could remove Tesla and Amazon from the price.