Hello! This indicator is a multifaceted tool that's, hopefully, useful for price action and volume analysis. (This script makes use of the newly introduced "text_font" parameter) With this script you'll have access to: Range US Chart Volume Aggregation Chart Gaps Chart Volume by Quartile Consequently, you'll have access to: First Quartile...
Script for comparing nations and their gold, with options including: Default Comparing the Price of Gold Use Relative Valuations price / prior price Measure Reserves/Price GDP/Gold Price GDP/Gold Reserves Given the state of the world I thought it'd be good do see where countries stand, how much real money they hold. I think gold is going to play...
Price Volume measures the number of shares traded X price in a period of time. Sometimes the Price Volume indicator is more accurate then volume indicator. Price Volume can indicate market strength, as a market with increasing Price Volume is generally seen as strong and healthy. When prices fall on increasing Price Volume, the trend is gathering strength to the downside.
HHV and LLV gives good information about the trend. A trend will be visible when its seen with fast and slow line cross UP trend: HHV_fastline = HHV Slowline and LLVfastline crossover LLVSlowline DOWN trend: HHV_fastline crossunder HHV Slowline and LLVfastline !=LLVSlowline Attempted to plot the same with multiple options to choose fastline length,...
An automated wave chart for NEoWave wave analysis. This is an automated wave chart plotter that help you to find the current psychological trend and forecast the next one. This Indicator uses the concept of plotting wave charts as per the NeoWave method invented by Glenn Neely in 1990 in the “Mastering Elliott Wave” book. NEoWave is a advanced version of elliott...
Visual RSI This script provides a visual way to view RSI data. Sometimes it may be useful to view RSI data on the price chart instead of in a separate pane. This script enables the following configurable options: Plot shapes on the chart during key RSI events such as: crossing above or below the overbought or oversold level Color bars based upon the...
Is a tool used to catch market momentum. If the color is green it means the bulls are in momentum or the prices will continue to increase, if the color is red it means the bears are in momentum or the prices will continue to decrease and gray color means the market is consolidating. This tool is made from moving averages and RSI. You can place a buy order when...
This marking the dow theory on candle stick last candle closing is higher than previous candle high last candle high is higher than previous candle high last candle low is higher than previous candle low last candle closing is lower than previous candle low last candle low is lower than previous candle low last candle high is lower than previous candle high
This script plots gaps between candles. It uses the "round_to_mintick" feature in the Pinescript code, so it works on any instrument out to 3 decimal places. If there is a Gap Up (open of current candle is greater than the close of previous candle) it will plot a green arrow under the current candle and plot a label above the current candle to show the Gap...
V0.1 Allows you to create arbitrary support levels based on bar data from a selected point in time and source. Features: - An interactive chart that lets you pick the level simply by dragging the vertical line associated with its start point. - A secondary vertical line (end point) sets up a point in time from where this indicator is going to check for price...
T3 Velocity Candles is a candle coloring overlay that calculates its gradient coloring using T3 velocity. What is the T3 moving average? Better Moving Averages Tim Tillson November 1, 1998 Tim Tillson is a software project manager at Hewlett-Packard, with degrees in Mathematics and Computer Science. He has privately traded options and equities for 15...
From Wikipedia : "The Sortino ratio measures the risk-adjusted return of an investment asset, portfolio, or strategy. It is a modification of the Sharpe ratio but penalizes only those returns falling below a user-specified target or required rate of return, while the Sharpe ratio penalizes both upside and downside volatility equally. Though both ratios measure...
Theory: Although T3 is widely used, some of the details on how it is calculated are less known. T3 has, internally, 6 "levels" or "steps" that it uses for its calculation. This version: Instead of showing the final T3 value, this indicator shows those intermediate steps. This shows the "building steps" of T3 and can be used for trend assessment as well as for...
Core Concepts Using Bill William's fractals (can be any types of pivots), we want to find outlier fractals using the median absolute deviation (MAD). When the true range falls outside the specified threshold, it is counted as an outlier. These outliers tend to have significance. Prices usually react to those levels in the future, sometimes a single level and...
R-squared Adaptive T3 Ribbon Filled Simple is a T3 ribbons indicator that uses a special implementation of T3 that is R-squared adaptive. What is the T3 moving average? Better Moving Averages Tim Tillson November 1, 1998 Tim Tillson is a software project manager at Hewlett-Packard, with degrees in Mathematics and Computer Science. He has privately traded...
This simple script provides a visual aid for price action traders by coloring outside & inside candles, which in effect leaves the trader with 6 possible candle colors: -Regular bullish candle -Outside bullish candle -Inside bullish candle -Regular bearish candle -Outside bearish candle -Inside bearish candle These candlesticks may provide powerful signals when...
BINANCE:ETHUSDT The CAP index is my own homebrew trend indicator made to help traders see the slightly bigger picture, because we all know that as traders we can tend to hyper-focus in on a few candles and end up making a stupid trade because of it, or is it just me ? On a more serious note this indicator helps you find the short term trend by looking at bullish...
Preface: I wanted code that could display a different string of text whenever the bar changed. Viewing a long string of text on the chart can look messy & crowded, so the string of text is displayed as a tooltip when hoving over the user-customizable watermark text/emoji. About the Indicator: This is a simple educational script where I hand-picked 60-ish quotes...