MTF Fantastic Stochastic (FS+) + Alerts This chart overlay indicator can signal multiple triple-timeframe Stochastic RSI overbought and oversold confluences directly onto your chart, intended for use as a confluence either for reversal trade entries, or potential trade exits, indicating where price may be probable to reverse. Features include: - Primary set...
ZigZag+ (Macro + Internal Structure Tool) ZigZag+ is a simple tool that helps traders to clearly identify and differentiate between macro and internal market structure, to help you keep your bearings of where you are currently in the overall picture. It is especially difficult to keep your bearings within the larger structural trend when trading the lower...
I have designed this indicator with the idea of staying focused on the price during the corresponding trend, for this I have built a rainbow channel The upper part of the channel is painted in colors during the uptrend, at this time the lower part turns gray to focus only on the longs signals The lower part of the channel is painted in colors during the...
Purpose: This script will help an options trader asses risk and determine good entry and exit strategies Background Information: The true range is the greatest of: current high minus the current low; the absolute value of the current high minus the previous close; and the absolute value of the current low minus the previous close. The Average True Range (ATR) is...
Yield curve of the 2-10 year US Treasury Bonds, with over 50 years of history. The Yield Curve is the interest rate on the 10 year bond minus the 2 year bond. When it inverts (crosses under 0) a recession usually follows 6-12 months later. It's a great leading indicator to identify risk in the macroeconomic environment.
Qube is an indicator that shows market regimes. It is able to detect medium and long term trends and ranging markets. If the indicator bars are colored blue and are between the two blue lines, it means that the market is in sideways movement or consolidation. If indicator bars cross the upper boundary and are colored green, it means that the market is in an...
++>>This script allows you the inside bar candle and the cnadle is shown in white. The range of the mother candle is identified and tracked until it breaks. Once the first range is over ridden then the next similar pattern will be occured and the tracking will be done for the mother candle latest occurrence. It also has the alert mechanism where you can go and...
This script extracts the highest price "ta.highest" and lowest price "ta.lowest" over a period of time, obtains the average value "array.avg" and plots it on a chart. At the same time, it also plots high and low prices, so you can use the volatility over a period of time and its center point as a reference for trading. The pine code is as simple as possible, so...
Library "into" convert literals by type, Same-types left in for bulk reasons. TODO: Expand Types b(string) Convert string to bool. Parameters: string : val A string value. Returns: Bool. b(bool) Pass Bool/bool Parameters: bool : Returns: Bool. b(float) Convert Float (True if exists and not 0) Parameters: float : val A...
dear fellows, this indicator is an effort to determine the range where the prices are likely to fall within in the current candle. how it is calculated 1. obtain a. gain from the open to the high b. loss from the open to the low in the last 20 (by default) candles and in the last 200 (10*20 by default) candles 2. perform a. the geometric average (sma of the...
Tradingview doesn't provide a way to prevent unclosed candles from displaying in real time. This script helps to reduce errors that span from reading unconfirmed candles by preventing the unconfirmed candle from displaying across all timeframes. Ideal for traders with strategies that rely on candle confirmation signals. NOTE: It works by drawing new candles based...
// All credit to © //@author=JayRogers & VuManChu Cipher B for their original Scripts (Open Source) / ====== ABOUT THIS INDICATOR // I've combined some part of the code of the following indicators to get some alerts based on the Idea and Use section below : ...
// All credit to © //@author=JayRogers & VuManChu Cipher B for their original Scripts (Open Source) / ====== ABOUT THIS INDICATOR // I've combined some part of the code of the following indicators to get some alerts based on the Idea and Use section below : ...
This script lets you chart a spread of a maximum of 3 tickers (one of them being the ticker in the main chart). Y axis is the currency amount of the spread, that is calculated by this formula: Y = PnL = quantity * price * handleValue Y is calculated for each ticker specified, and the sum of Ys obtained is plotted. this way it is possible to view the PnL of the...
█ This indicator shows a Multi Timeframe automatic Fibonacci retracement levels. This indicator is built using pivots from a user-selected timeframe to draw and orient the Fibonacci retracement. Fibonacci analysis uses a logical sequence of numbers to predict trends and price action. █ Usages: The Fibonacci retracement is used to identify hidden support and...
Decsription: Auto-Cointegration-Based Pair Trading Strategy (revised version) To review, there are three popular styles of Pair trading: distance-based pair trading, correlation-based pair trading and cointegration-based pair trading. Typically, they require preliminary statistical estimation of the viability of the corresponding strategy. Basically a pair trade...
Hi all, It's bear market so let's have a look at the misery index. Misery index = inflation(%) + unemployment (%) It's only possible to use this chart on the monthly (as misery index is updated monthly), but just for fun I added a strategy to it. If misery index increases you short and you go long when MI decreases. Enjoy p.s. the band is pretty cool too
Library "font" Unicode Characters Replacement function for strings. uni(_str, _number) Unicode Font Substitutee Parameters: _str : Input Strinbg _number : Font by Int input uni(_str, _number) Unicode Font Substitutee Parameters: _str : Input Strinbg _number : Font by Name input