Regression Candle Conversion IndicatorHey everyone!
I got a pseudo-request a while ago for something like this, essentially the ability to track where another ticker would fall based on an alternative ticker.
I did create my ticker correlation reference indicator which directly looks at the correlation between 2 tickers. However, this is an indicator that operates on the same principle but is more pragmatic for trading.
What does it do?
Well, in keeping with the theme of what I call my indicators, this has a title that explains exactly what it does, "Regression Candle Conversion Indicator" or "RCCI" for short. It uses simple regression to convert one ticker to another. So while you are tracking one indicator, you can see where the expected value should fall on the other.
Applications?
The big application of this for me is being able to track where SPY/QQQ or IWM is falling during overnight trading sessions. Extended trading hours close at 8 pm NYSE time. After that, you have to guess where futures prices will put the ETF version of it. This indicator will allow you to track where, theoretically, the underlying ETF ticker will fall based on the current trading behaviour.
Some other applications are just the ability to track how similar or dissimilar one stock is to the other. For example, if we wanted to trade, say, Boeing using shares of DFEN or ITA (a defence specific ETF), here is what we get:
In the chart above we can see BA as the primary chart and ITA as the RCCI converted chart. We will see 2 major things that should cause us concern.
First, there is a really poor correlation between the two tickers. This indicates that ITA may not produce the best exposure if I am directly looking for Boeing exposure.
Second, there is a wide standard error. this means that the results that the RCCI is providing may be skewed up to +/- 2 points (as indicated by the standard error chart).
Let's take a look at BA and DFEN:
In the above, we can see that the correlation is not great, but the standard error is quite low.
This means that, while this may not be the best ticker for Boeing exposure, the RCCI is able to confidently calculate the ticker within +/- 0.50 cents based on BA's underlying data.
However, its important to note that it is not advisable to really rely on these results if the correlation is less than + 0.5 or greater than -0.5.
Let's take a look at a few more examples:
Above we have BA (NYSE) vs BA (NEO TSX CAD Hedged). We can see the strong relationship and high confidence calculations.
And some others:
SPX (primary) and ES1! (secondary):
RTY and IWM:
ES1! and SPY:
Customizations:
As you can see above, it is pretty straight forward. There are 3 options:
Lookback Length: Determines the length of assessment for correlation and the regression assessment.
Manual Ticker Input: The indicator will pull the data from your current chart and compare it against a manually selected indicator. You must tell the indicator which ticker you are comparing against.
Data Table: This will show you the data table which contains the standard error assessment and the correlation assessment. These are determined by your lookback length. The lookback length is defaulted to 500.
And that's the indicator! It's pretty straight forward. Hopefully you find it helpful, especially if you track futures during overnight sessions.
Leave your comments/questions and feedback below.
Thanks for checking it out!
חפש סקריפטים עבור " TABLE "
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About the script:
This script is an easy-to-use trend indicator, which is based on another popular indicator called "Supertrend" . The basic idea is very simple, i.e. to compute Average True Range(ATR) and use that as the basis for trend detection. The key difference lies in a custom trend detection method, that computes trends across different timeframes and projects them in a table view. The script also tries to improve the behaviour of the existing indicator by highlighting flat regions on the chart, indicating sideways market or potential trend reversals.
How to use it:
You can use it just like any other indicator, add it to your chart and start analysing market trends. Results can be interpreted as follows.
Indicator output is currently made up of two main components:
>> Trend Table:
Appears at the bottom right of your screen
Contains trend indicator for 9 different timeframes
Timeframes can be adjusted using indicator settings panel
Green Up Arrow --> Up Trend
Red Down Arrow --> Down Trend
>> Enhanced Supertrend:
Shows up as a line plot on the chart
Green line indicates up trend
Red line indicates down trend
White regions indicates slow moving markets or a potential trend reversal
Indicator can be used on any timeframe, it provides a view of current and historical market trend
Can be used as an indicator for entering/exiting trades
Can be used to build custom trading strategies
Centered Moving AverageThe Centered moving averages tries to resolve the problem that simple moving average are still not able to handle significant trends when forecasting.
When computing a running moving average in a centered way, placing the average in the middle time period makes sense.
If we average an even number of terms, we need to smooth the smoothed values.
Try to describe it with an example:
The following table shows the results using a centered moving average of 4.
nterim Steps
Period Value SMA Centered
1 9
1.5
2 8
2.5 9.5
3 9 9.5
3.5 9.5
4 12 10.0
4.5 10.5
5 9 10.750
5.5 11.0
6 12
6.5
7 11
This is the final table:
Period Value Centered MA
1 9
2 8
3 9 9.5
4 12 10.0
5 9 10.75
6 12
7 11
With this script we are able to process and display the centered moving average as described above.
In addition to this, however, the script is also able to estimate the potential projection of future data based on the available data by replicating where necessary the data of the last bar until the number of data necessary for the calculation of the required centered moving average is reached.
If for example I have 20 daily closings and I look for the moving average centered at 10, I receive the first data on the fifth day and the last data on the fourteenth day, so I have 5 days left uncovered, to remedy this I have to give the last value to the uncovered data the closing price of the last day.
The deviations work like the bollinger bands but must refer to the centered moving average.
R:R Trading System FrameworkFirst off, huge thanks to @fikira! He was able to adapt what I built to work much more efficiently, allowing for more strategies to be used simultaneously. Simply put, I could not have gotten to this point without you. Thanks for what you do for the TV community. Second, I am fairly new to pinescript writing, so I welcome criticism, thoughtful input and improvement suggestions. I would love to grow this concept into something even better, if possible. So please let me know if you have any ideas for improvement. However I do juggle a lot of different things outside of TV, so implementations may be delayed.
I have decided, at this time, not to add alerts. First, because I feel most people looking to adapt this framework can add their own pretty easily. Also, given how customized the framework is currently, while also attempting to account for all the possible ways in which people may want alerts to function after they customize it, it seems best to leave them out as it doesn't exactly fit the idea of a framework.
For best viewing, I recommend hovering over the script's name > ... > Visual order > Bring to front. Also I found hollow candles with mono-toned colors (like pictured) are more visually appealing for me personally. I HIGHLY RECOMMEND USING WITH BAR REPLAY TO BETTER UNDERSTAND THE FRAMEWORK'S FUNCTIONALITY.
▶️ WHAT THIS FRAMEWORK IS
- A huge collection of concepts and capabilities for those trying to better understand, learn, or teach pinescript.
- A system designed to showcase Risk:Reward concepts more holistically by providing all of the most popular components of retail trading to include backtesting, trade visual plotting, position tracking, market condition shifts, and useful info while positioned to help highlight changes in your risk:reward based decision-making processes.
- A system that can showcase individual strategies regardless of trade direction, allowing you to develop hedging strategies without having multiple indicators that do not correlate with each other.
- Designed around the idea that you trade less numbers of assets but manage your positions and risk based on multiple concurrently running strategies to manage your risk exposure and reward potential.
- An attempt to combine all the things you need to execute with an active trading management style.
- A framework that uses backtested results (in this case the number of averaged bars it takes to hit key levels) in real-time to inform your risk:reward decision-making while in-trade (in this case in your Trade Tracking Table using dynamic color to show how you might be early, on-time, or late compared to the average amount of backtested time it normally takes to hit that specific key level).
▶️ WHAT THIS FRAMEWORK IS NOT
- A complete trading product. DO NOT USE as-is. It is a FRAMEWORK for you to generate ideas of your own and fairly easily implement your own triggering conditions in the appropriate sections of the script.
▶️ USE CASES
- If you decide you like the Stop, Target, Trailing Stop, and Risk:Reward components as-is, then just understanding how to plug in your Entry and Bullish / Bearish conditions (Triangles) and adjust the input texts to match your custom naming will be all you need to make it your own!
- If you want to adapt certain components, then this system gives you a great starting point to adapt your different concepts and ideas from.
▶️ SYSTEM COMPONENTS
- Each of the system's components are described via tooltips both in the input menu and in the tables' cells.
- Each label on the chart displays the corresponding price at those triggered conditions on hover with tooltips.
- The Trailing Stop only becomes active once it is above the Entry Price for that trade, and brightens to show it is active. The STOP line (right of price) moves once it takes over for the Entry Stop representing the level of the Trailing Stop at that time for that trade.
- The Lines / Labels to the right of price will brighten once price is above for Longs or below for Shorts. The Trade Tracking Table cells will add ☑️ once price is above for Longs or below for Shorts.
- The brighter boxes on the chart show the trades that occurred based on your criteria and are color coded for all components of each trade type to ensure your references are consistent. (Defaults are TV built-in strategies)
- The lighter boxes on the chart show the highest and lowest price levels reached during those trades, to highlight areas where improvements can be made or additional considerations can be accounted for by either adjusting Entry triggers or Bullish / Bearish triggers.
- Default Green and Red Triangles (Bullish / Bearish) default to having the same triggering condition as the Entry it corresponds to. This is to highlight either a pyramiding concept, early exit, or you can change to account for other things occurring during your trades which could help you with Stop and Target management/considerations.
TradingView and many of its community members have done a lot for me, so this is my attempt to give back.
Crypto Terminal [Kioseff Trading]Hello!
Introducing Crypto Terminal (:
The indicator makes use of cryptocurrency data provided by vendor INTOTHEBLOCK.
NOTE: The cryptocurrency on your chart must be paired with USD or USDT. Data won't load otherwise - possibly transient. For instance, BTCUSD or BTCUSDT, ETHUSD or ETHUSDT.
Provided datasets:
Twitter Sentiment Data
Telegram Sentiment Data
Whale Data (i.e. % of Asset Belonging to Whales)
$100,000+ Transactions
Bulls/Bears (Bulls Buying | Bears Selling)
Current Position PnL (Currently Open Positions for the Coin are Retrieved and Plotted. Data is Split into Currently Profitable Positions, Losing Positions, and B/E Positions)
Average Balance
Holders/Traders Percentage (Addresses are Retrieved and Classified as Holding Accounts or Trader Accounts)
Correlation
Futures OI
Perpetual OI
Zero Balance Addresses
Flow (Money Inflow & Outflow)
Active Addresses
Average Transaction Time
Realized PnL (Addresses with Realized Profits, Realized Losses, and B/E)
Cruisers
A few more data points are provided.
Additionally, you can plot the values of any dataset in a pane below price.
Below are images of plottable data; different cryptocurrencies will be shown for each example (:
Twitter sentiment data.
Assess this data lightly; difficult to confirm accuracy.
Telegram sentiment data.
Assess this data lightly; difficult to confirm accuracy.
Percentage of asset belonging to whales.
$100,000+ transactions (volume oriented)
Bulls buying; bears selling.
Current positions at profit; current positions at loss; current positions at breakeven.
Average balance.
Percentage of asset belonging to traders; percentage of asset belonging to holders.
Asset's 30-interval correlation to BTC.
Perpetual open interest.
Zero-balance addresses.
Flows.
Active addresses.
Average transaction time.
Addresses at realized profit; addresses at realized loss; addresses at breakeven.
Cruiser data.
Futures open interest.
Naturally, this data isn't provided for every cryptocurrency; NaN values are returned in some instances.
Table 1
I provided three data tables, which load independently, so you don't have to change plotted data to access values.
Table 2
Lastly, you can create a 10-asset crypto index and run calculations against it.
The image shows an example.
I'll update this script with additional calculations/data in the near future. If you've any suggestions - please let me know!
Enjoy (:
rv_iv_vrpThis script provides realized volatility (rv), implied volatility (iv), and volatility risk premium (vrp) information for each of CBOE's volatility indices. The individual outputs are:
- Blue/red line: the realized volatility. This is an annualized, 20-period moving average estimate of realized volatility--in other words, the variability in the instrument's actual returns. The line is blue when realized volatility is below implied volatility, red otherwise.
- Fuchsia line (opaque): the median of realized volatility. The median is based on all data between the "start" and "end" dates.
- Gray line (transparent): the implied volatility (iv). According to CBOE's volatility methodology, this is similar to a weighted average of out-of-the-money ivs for options with approximately 30 calendar days to expiration. Notice that we compare rv20 to iv30 because there are about twenty trading periods in thirty calendar days.
- Fuchsia line (transparent): the median of implied volatility.
- Lightly shaded gray background: the background between "start" and "end" is shaded a very light gray.
- Table: the table shows the current, percentile, and median values for iv, rv, and vrp. Percentile means the value is greater than "N" percent of all values for that measure.
-----
Volatility risk premium (vrp) is simply the difference between implied and realized volatility. Along with implied and realized volatility, traders interpret this measure in various ways. Some prefer to be buying options when there volatility, implied or realized, reaches absolute levels, or low risk premium, whereas others have the opposite opinion. However, all volatility traders like to look at these measures in relation to their past values, which this script assists with.
By the way, this script is similar to my "vol premia," which provides the vrp data for all of these instruments on one page. However, this script loads faster and lets you see historical data. I recommend viewing the indicator and the corresponding instrument at the same time, to see how volatility reacts to changes in the underlying price.
BankNifty Multi-TimeFrames Price Panel [MaestroTrader]█ OVERVIEW
Price Panel provides Nifty /BankNifty Index comprehensive Price Insights on different time intervals. It helps to determine the trend of Index using top Index Heavy Weights along with Dow, India VIX & Index Spot Prices. It helps to determine the price behavior of the underlying Index/stock to make informed decisions while trading.
█ FEATURES
a) Displays Price in Multi Time Frames for Multi time frame analysis
b) Displays Weighted Securities price for Weighted INDEX price analysis.
c) Displays INDIA VIX and DOW for Combined INDIX VOLATALITY Analysis
█ MUTLI TIME FRAME ANALYSIS
How to use Multiple time frame analysis?
Multiple time frame analysis follows a top-down approach when trading and allows traders to gauge the longer-term trend while spotting ideal entries on a smaller time frame. Traders can then conduct technical analysis using multiple time frames to confirm or reject their trading bias.
Multiple time frame analysis, is the process of viewing the same symbols under different time frames. Usually, the larger time frame is used to establish a longer-term trend, while a shorter time frame is used to spot ideal entries into the market.
Let’s Say 75 & 15 TF’s Trend is up, then shorter time 5M is used to spot ideal entries on long side.
█ WEIGHTED INDEXS PRICE ANALYSIS
How to use Weighted Index Price Movement in Multi timeframes?
The index future trading price is based on the trading prices of the individual securities (stocks) that comprise the index basket. In other words, the stocks with higher weights will have more impact on the movement of the index. Price Panel provides the insights of these heavy weight stock price movement in different time frames, that can help you confirm or reject your trading bias.
HDFC Bank (28% Weight) will have more impact on the BankNifty Movement. By looking the top 4 bank's price movement in different timeframes, you can derive the BankNifty price trend.
█ VOLATALITY ANALYSIS
India VIX is a short form for India Volatility Index. It is the volatility index that measures the market’s expectation of volatility over the near term.
A lower VIX level usually implies that the market is confident about the movement and is expecting lower volatility and a stable range.
A higher VIX level usually signals high volatility and lower trader confidence about the current range of the market. A major directional move can be expected in the market and a quick broadening of range can be expected.
█ SETTINGS
• Time Frame Settings: Configure Time Frames 5 Min, 15 Min, 75 Min
• Table Settings: Configure Table Styles- Position- Font Color
• Symbol Settings: Configure Securities. Toggle (on/Off) Securities display.
• Index Settings: Display Bank Nifty or Nifty Heavy Weights.
█ PANEL DISPLAY VARIATIONS
BANK NIFTY VIEW
NIFTY VIEW
WITHOUT STOCKS - ONLY INDEX, VIX, DOW
█ THANKS
Thanks to Pine Team for this new great feature tables & Thanks to PineCoders for the `f_strRightOf` function.
█ DISCLIAMER
Indicator is built for educational purposes. Test it before use.
Hope - These features help you get quick insights of the price movement to take informed trades.
You are free to use the code, please share the credit for reuse.
Happy Trading !!
PineGIF - Display Gifs & Images In Tradingview [LuxAlgo]Pinescript is not designed to create or display images, let alone gifs, but it's very fun to try, and that's what this script does. This script allows the user to display three different gifs. In this post, we explain how we managed to display images/gif's using pinescript tables.
1. Image Pre-Processing
Due to pinescript limitations, we can't possibly display images with an excessively high resolution. As such we targeted pixel art as a primary image source. We used a pixel art gif of the magnificent Octocat (the mascot for the source-code hosting service GitHub) for our first try.
We first extract each frame from the gif and resize them to a 50x50 resolution which returns frames made of 2500 pixels. This process was done using python.
Getting Individual Pixels RGBA Values
Python can easily return a matrix containing each pixel's rgba value. For convenience, we converted the rgba values to hex.
We then create a simple code allowing us to return a pinescript array containing the 2500 pixel hex colors. We do this process for each frame.
2. Defining Table Cell Color
In the code, each frame is its own array. We create a new table with dimensions equal to len(frame1)^2 (we assume height = width).
The color of a cell is defined by the color of the image pixel at the same exact location. When a new bar is created, we do this exact process using a different frame which ultimately allows a new frame to be displayed.
3. Playing The GIFs
By default, the script will play the gif of the Tradingview cloud logo raining. In order to play the gif, simply use the replay mode. The replay speed allows the user to determine the frame rate (0.1 for the raining cloud and Nyan cat works best, 0.5 for Octocat).
We included the frames of the Octocat and Nyan cat gifs in the script.
4. Some Other Cool Images
Displaying static images is possible and involves the same process described above.
An original idea of the lizard, implemented by the wizard.
DCA Anchor (Weekly/Monthly/N Bars) [CHE] What is Dollar-Cost Averaging (DCA)?
DCA is a position-building method where you invest a fixed amount at fixed intervals (e.g., weekly or monthly) regardless of price. Over time, this:
reduces timing risk (you don’t need to guess tops/bottoms),
smooths entry price by buying more units when price is low and fewer when price is high,
keeps decisions simple and repeatable.
Trade-offs:
You’ll never catch the exact bottom.
In strong uptrends, lump-sum can outperform.
Fees matter if you buy very frequently.
Simple math:
Qty bought at time t = `amount / price_t` (net of fees if fees are not “on top”).
Total qty = sum of all buys.
Average price (cost basis) = `total invested / total qty`.
Equity = `total qty last price`.
P\&L = `equity − total invested` (and `%` = `P&L / total invested`).
DCA Anchor (Weekly/Monthly/N Bars)
Purpose: automate scheduled DCA buys on chart data, optionally add extra buys on drawdowns, track stats, and fire alerts.
Core features
Schedules:
1. Every N bars,
2. Weekly (first bar of a new week),
3. Monthly (first bar of a new month).
A Start time input gates when the logic begins.
Fees model:
Fee on top: you pay `amount + fee` in cash; quantity = `amount / close`.
Fee from amount: fee is deducted from the amount; quantity is smaller, cash outlay equals `amount`.
Optional drawdown buys:
Trigger when `close ≤ avgCost (1 − ddPct/100)`.
Controls: drawdown % threshold, multiplier (extra size vs. base amount), and cooldown in bars.
State & metrics: tracks total invested, total quantity, average price, equity, P\&L (abs/%).
Visuals:
Line plot of Average Price.
Buy labels at execution bars (plan and drawdown).
Compact table (positionable) with key stats (trades, invested, qty, avg price, equity, P\&L).
Alerts:
Plan Buy (Bar Close) and Drawdown Buy (Bar Close) — robust, non-repainting.
Optional Intrabar Preview alerts for early heads-up (can fire before bar close).
How to use it (quick start)
1. Add to chart → Inputs:
Buy frequency: pick Every N bars, Weekly, or Monthly.
Start time: date from which buys may begin.
Buy amount: fixed cash per planned buy.
Fees % and Fee on top? to match your broker/exchange model.
(Optional) Enable drawdown buy, set threshold %, multiplier, and cooldown.
Toggle Show buy labels and Show stats table.
2. Alerts (recommended):
Use “DCA Plan Buy (Bar Close)” and/or “DCA Drawdown Buy (Bar Close)” with Once per bar close.
If you need early signals, enable Intrabar pre-alerts and add the two Intrabar Preview alerts with Once per bar.
3. Interpretation:
The yellow line is your average price.
Green/orange markers show plan buys and drawdown buys.
The table summarizes total trades, invested capital, quantity, average price, current equity, and P\&L.
Practical notes
All executions occur at bar close by default to avoid intrabar repainting.
Weekly/monthly roll depends on the symbol’s exchange calendar.
Backtest realism: no slippage, no partial fills. Fees are modeled as configured.
If you buy very frequently, consider higher “N” or weekly/monthly to keep fees under control.
If you want, I can tailor the defaults (amount, fee model, drawdown rules) to your typical markets and timeframes.
Disclaimer
No indicator guarantees profits. DCA Anchor (Weekly/Monthly/N Bars) is a decision aid; always combine with solid risk management and your own judgment. Backtest, forward test, and size responsibly.
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Enhance your trading precision and confidence 🚀
Best regards
Chervolino
VWATR + VIX + VVIX Trend Regime### 🤖 VWATR + VIX + VVIX Trend Regime — Your Ultimate Volatility Dashboard! 📊
This isn't just another indicator; it's a comprehensive dashboard that brings together everything you need to understand market volatility focused on Futures. It merges price-based movement with market-wide fear and sentiment, giving you a powerful edge in your trading and risk management. Think of it as your personal volatility sidekick, ready to help you navigate market uncertainty like a pro!
***
### ✨ What's Inside?
* **VWATR (Volume-Weighted ATR):** A super-smart measure of price movement that pays close attention to where the big money is flowing.
* **VIX (The "Fear Gauge"):** Tracks the expected volatility of the S&P 500, essentially telling you how nervous the market is feeling.
* **VVIX (The "VIX of VIX"):** This one's for the pros! It measures how volatile the VIX itself is, giving you an early heads-up on potential fear spikes.
* **VX Term Structure:** A clever way to see if traders are preparing for a crisis. It compares the two nearest VIX futures to spot a rare signal called "backwardation."
* **Z-Scores:** It helps you spot when VIX and VVIX are at historic highs or lows, making it easier to predict when things might return to normal.
* **Divergence Score:** A unique tool to flag potential market shifts when the VIX and VVIX start moving in completely different directions.
* **Regime Classification:** The script automatically labels the market as "Full Panic," "Known Crisis," "Surface Calm," "Stress," or "Normal," so you always know where you stand.
* **Gradient Bars:** A visual treat! The background of your chart changes color to reflect real-time volatility shifts, giving you an instant feel for the market's mood.
* **Alerts:** Get push notifications on your phone for key events like "Full Panic" or "Backwardation" so you never miss a beat.
***
### 📝 Panel/Table Outputs
This is your mission control! The on-screen table gives you a clean summary of the current market regime, VIX and VVIX values, their ratios, term structure, Z-scores, and signals. Everything you need, right where you can see it.
***
### 🚀 How to Get Started
1. **Check your data:** You'll need access to real-time data for VIX, VVIX, VX1!, and VX2!. A paid subscription might be necessary for this.
2. **Add it to your chart:** Use the indicator on any chart (we've set it to `overlay=false`) to get your full volatility dashboard.
3. **Tweak it to perfection:** Head over to the Settings panel to customize the thresholds, colors, and your all-important "Jolt Value."
4. **Start trading smarter:** Use the dashboard to inform your trades, hedge your portfolio, and manage risk with confidence.
***
### ⚙️ Customization & Key Settings
* `showVWATR`: Toggle your price-volatility metric on or off.
* `showExpectedVol`: See the expected volatility as a percentage of the current price.
* `joltLevel`: This is a very important line on your chart! It's your personal trigger for when volatility is getting a little too wild. More on this below.
* `enableGradientBars`: Turn the awesome colored background on or off.
* `enableTable`: Hide or show your information table.
* `VIX/VVIX/VX1!/VX2! symbols`: If your broker uses different symbols for these, you can change them here.
* `VIX/VVIX thresholds`: Adjust these levels to fine-tune the indicator to your personal risk tolerance.
***
### 💡 Jolt Value: A Quick Guide for Smart Traders 🧠
The **jolt value** is your personal tripwire for volatility. Think of it as a warning light on your car's dashboard. You set the level, and when volatility (VWATR) crosses that line, you get an instant signal that something interesting is happening.
**How to Set Your Jolt Value:**
The ideal jolt value is dynamic. You want to keep it just a little above the current VIX level to stay alert without getting too many false alarms.
| Current VIX Level | Market Regime | Recommended Jolt Value |
| :--- | :--- | :--- |
| Under 15 | Calm/Complacent | 15–16 |
| 15–20 | Typical/Normal | 16–18 |
| 20–30 | Cautious/Active | 18–22 |
| Over 30 | Stress/Panic | 30+ |
**A Pro Tip for August 2025:** Since the VIX is hovering around 14.7, setting your jolt value to **16.5** is a great starting point for keeping an eye on things. If the VIX starts to climb above 20, you should adjust your jolt level to match the new reality.
***
### ⚠️ Important Things to Note
* You might experience some data delays if you're not on a paid TradingView plan or your broker does not provide real-time data for the VIX also VIX is only active during NY session, so it's not advised to use it outside of normal trading hours!
Enhanced 4H Candle Countdown & High/Low IndicatorBy profitgang
This Pine Script indicator provides real-time tracking of 4-hour timeframe levels with an integrated countdown timer, designed to help traders monitor key support and resistance zones.
Key Features
📊 Visual Elements
4H High/Low Lines: Clear visualization of previous 4-hour candle high and low levels
Range Fill: Subtle background fill between high and low for better context
Mid-Level Line: Shows the middle point of the 4H range
Position Indicator: Visual cue showing current price position within the range
⏰ Countdown Timer
Real-time countdown to next 4H candle close
Customizable table position (9 different locations)
Adjustable text size (6 size options from Tiny to Huge)
Distance calculations showing percentage distance from key levels
🎯 Signal Generation
Long signals when price crosses above 4H low
Short signals when price crosses below 4H high
RSI confluence filter to reduce false signals
Background highlighting for active signals
TradingView alerts compatible
⚙️ Customization Options
Toggle all features on/off independently
Custom colors for all elements
Table positioning (top/middle/bottom + left/center/right)
Text size selection for optimal readability
Alert notifications for level breaks and updates
How It Works
The indicator fetches the previous 4-hour candle's high and low values and displays them as horizontal lines on your current timeframe chart. It continuously calculates the time remaining until the current 4H candle closes and presents this information in a clean, customizable table.
Use Cases
Swing Trading: Identify key 4H support and resistance levels
Intraday Trading: Monitor when new 4H levels will be established
Risk Management: Calculate distance from key levels for position sizing
Multi-timeframe Analysis: Combine with lower timeframe setups
Educational Purpose
This indicator is designed for educational and analytical purposes to help traders understand price action relative to higher timeframe levels. It provides clear visual feedback about market structure and timing.
Settings Groups
Display Settings: Toggle features, positioning, and sizing
Colors: Customize all visual elements
Signal Settings: Configure alert conditions and confluence filters
Compatibility
Works on all timeframes (recommended for 1m to 1H charts)
Compatible with all instruments
Includes proper alert functionality for automated notifications
Optimized for both light and dark themes
This indicator does not provide financial advice. Always conduct your own research and risk management before making trading decisions.
Advanced Trend Panel v3.1This is a comprehensive dashboard indicator designed to give traders a multi-faceted view of the market at a single glance. It combines key indicators across multiple timeframes, calculates trend duration, and presents all information in a clean, color-coded table. This tool is perfect for confirming trade ideas, identifying trend alignment, and understanding the underlying market dynamics.
#### Key Features:
* **All-in-One Dashboard:** A convenient on-chart table summarizes the state of multiple key indicators, saving you screen space and time.
* **Multi-Timeframe (MTF) Forecast:** Analyzes the long-term trend on a higher timeframe (e.g., Daily) to provide context for the current chart's trend.
* **Trend Analysis:** Uses dual sets of EMAs (long-term and short-term) to define the primary and immediate trend directions.
* **Trend Duration:** A unique feature that calculates how long the current short-term and long-term trends have been active, helping you gauge trend maturity.
* **Core Indicators Included:**
* **ADX:** Measures trend strength to differentiate between strong trends and weak or sideways markets.
* **RSI:** Identifies overbought and oversold conditions.
* **Point of Control (POC):** Shows the price level with the highest traded volume over a lookback period, acting as a key level of support/resistance.
* **Volume:** Compares current volume to its moving average to spot unusual activity.
* **Customizable Alerts:** Set up alerts for trend changes (long-term or short-term), RSI crossing into overbought/oversold zones, or shifts in ADX trend strength.
#### How to Use:
1. Apply the indicator to your chart.
2. In the settings, configure the timeframes, indicator lengths, and display options to match your trading style.
3. Use the table to quickly assess if the long-term trend, short-term trend, and momentum are aligned.
4. Enable alerts to be notified of key changes in market conditions without having to watch the chart constantly.
**Disclaimer:** This script is for educational purposes only and should not be considered financial advice. All trading involves risk. Past performance is not indicative of future results. Please backtest and use this tool as part of a comprehensive trading plan with proper risk management.
Feedback is always welcome! If you find this indicator useful, please leave a like.
Price Exhaustion Envelope [BackQuant]Price Exhaustion Envelope
Visual preview of the bands:
What it is
The Price Exhaustion Envelope (PEE) is a multi‑factor overextension detector wrapped inside a dynamic envelope framework. It measures how “tired” a move is by blending price stretch, volume surges, momentum and acceleration, plus optional RSI divergence. The result is a composite exhaustion score that drives both on‑chart signals and the adaptive width of three optional envelope bands around a smoothed baseline. When the score spikes above or below your chosen threshold, the script can flag exhaustion, paint candles, tint the background and fire alerts.
How it works under the hood
Exhaustion score
Price component: distance of close from its mean in standard deviation units.
Volume component: normalized volume pressure that highlights unusual participation.
Momentum component: rate of change and acceleration of price, scaled by their own volatility.
RSI divergence (optional): bullish and bearish divergences gently push the score lower or higher.
Mode control: choose Price, Volume, Momentum or Composite. Composite averages the main pieces for a balanced view.
Energy scale (0 to 100)
The composite score is pushed through a logistic transform to create an “energy” value. High energy (above 70 to 80) signals a move that may be running hot, while very low energy (below 20 to 30) points to exhaustion on the downside.
Envelope engine
Baseline: EMA of price over the main lookback length.
Width: base width is standard deviation times a multiplier.
Type selector:
• Static keeps the width fixed.
• Dynamic expands width in proportion to the absolute exhaustion score.
• Adaptive links width to the energy reading so bands breathe with market “heat.”
Smoothing: a short EMA on the width reduces jitter and keeps bands pleasant to trade around.
Band architecture
You can toggle up to three symmetric bands on each side of the baseline. They default to 1.0, 1.6 and 2.2 multiples of the smoothed width. Soft transparent fills create a layered thermograph of extension. The outermost band often maps to true blow‑off extremes.
On‑chart elements
Baseline line that flips color in real time depending on where price sits.
Up to three upper and lower bands with progressive opacity.
Triangle markers at fresh exhaustion triggers.
Tiny warning glyphs at extreme upper or lower breaches.
Optional bar coloring to visually tag exhausted candles.
Background halo when energy > 80 or < 20 for instant context.
A compact info table showing State, Score, Energy, Momentum score and where price sits inside the envelope (percent).
How to use it in trading
Mean reversion plays
When price pierces the outer band and an exhaustion marker prints, look for reversal candles or lower‑timeframe confirmation to fade the move back toward the baseline.
For conservative entries, wait for the composite score to roll back under the threshold or for energy to drop from extreme to neutral.
Set stops just beyond the extreme levels (use extreme_upper and extreme_lower as natural invalidation points). Targets can be the baseline or the opposite inner band.
Trend continuation with smart pullbacks
In strong trends, the first tag of Band 1 or Band 2 against the dominant direction often offers low‑risk continuation entries. Use energy readings: if energy is low on a pullback during an uptrend, a bounce is more likely.
Combine with RSI divergence: hidden bullish divergence near a lower band in an uptrend can be a powerful confirmation.
Breakout filtering
A breakout that occurs while the composite score is still moderate (not exhausted) has a higher chance of follow‑through. Skip signals when energy is already above 80 and price is punching the outer band, as the move may be late.
Watch env_position (Envelope %) in the table. Breakouts near 40 to 60 percent of the envelope are “healthy,” while those at 95 percent are stretched.
Scaling out and risk control
Use exhaustion alerts to trim positions into strength or weakness.
Trail stops just outside Band 2 or Band 3 to stay in trends while letting the envelope expand in volatile phases.
Multi‑timeframe confluence
Run the script on a higher timeframe to locate exhaustion context, then drill down to a lower timeframe for entries.
Opposite signals across timeframes (daily exhaustion vs. 5‑minute breakout) warn you to reduce size or tighten management.
Key inputs to experiment with
Lookback Period: larger values smooth the score and envelope, ideal for swing trading. Shorter values make it reactive for scalps.
Exhaustion Threshold: raise above 2.0 in choppy assets to cut noise, drop to 1.5 for smooth FX pairs.
Envelope Type: Dynamic is great for crypto spikes, Adaptive shines in stocks where volume and volatility wave together.
RSI Divergence: turn off if you prefer a pure price/volume model or if divergence floods the score in your asset.
Alert set included
Fresh upper exhaustion
Fresh lower exhaustion
Extreme upper breach
Extreme lower breach
RSI bearish divergence
RSI bullish divergence
Hook these to TradingView notifications so you get pinged the moment a move hits exhaustion.
Best practices
Always pair exhaustion signals with structure. Support and resistance, liquidity pools and session opens matter.
Avoid blindly shorting every upper signal in a roaring bull market. Let the envelope type help you filter.
Use the table to sanity‑check: a very high score but mid‑range env_position means the band may still be wide enough to absorb more movement.
Backtest threshold combinations on your instrument. Different tickers carry different volatility fingerprints.
Final note
Price Exhaustion Envelope is a flexible framework, not a turnkey system. It excels as a context layer that tells you when the crowd is pressing too hard or when a move still has fuel. Combine it with sound execution tactics, risk limits and market awareness. Trade safe and let the envelope breathe with the market.
Qossai Stock Info### Qossai Stock Info Indicator
This indicator provides a concise overlay of essential stock information directly on your chart, presented in a clean, organized table. Designed for quick glances, it helps traders and investors stay informed about key fundamental and volatility metrics of the currently viewed symbol.
**Key Features:**
* **Symbol/Ticker Display:** Clearly shows the ticker of the asset you are currently viewing.
* **Dynamic Market Capitalization (Market Cap):** Automatically calculates and displays the market capitalization in a readable format (Millions, Billions, or Trillions), providing instant insight into the company's size.
* **Average True Range (ATR) as Percentage:** Shows the 14-day Average True Range (a measure of volatility) as a percentage of the closing price, helping you gauge the typical price movement. The ATR period is customizable.
* **Earnings Countdown:** Keep track of upcoming events with a precise countdown displaying the number of days remaining until the next earnings announcement. This feature can be toggled on or off via the indicator's settings.
* **Clean Table Format:** All information is presented neatly in a table with a subtle black background, ensuring readability without cluttering your main chart view.
**How to Use:**
Simply add the "Qossai Stock Info" indicator to your chart. You can adjust the ATR length and toggle the earnings countdown visibility from the indicator's settings.
**Purpose:**
This tool aims to simplify access to critical stock data, empowering users to make quicker, more informed decisions by having vital information readily available on their screen.
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WRAMA Channel (Weighted RSI ATR MA)OVERVIEW
The WRAMA Channel (Weighted RSI ATR MA) is an advanced technical analysis tool designed to react more quickly to price movements compared to indicators using conventional moving averages. It combines the Relative Strength Index (RSI), Average True Range (ATR), and a weighted moving average, resulting in the WRAMA. This indicator forms a dynamic price channel based on a weighted average that incorporates both trend strength (via RSI) and market volatility (via ATR). It helps traders identify trends, potential reversals, and breakout signals, while offering broad customization options.
Key Features
WRAMA Price Channel:
Generates a dynamic channel around the weighted moving average (WRAMA), adapting to market volatility and momentum, similar to Bollinger Bands. Users are encouraged to adjust channel width and length according to their strategy.
The upper and lower channel bands are calculated based on a percentage deviation from the baseline line.
The channel fill color changes depending on the price's position relative to the baseline (green above, red below), with an optional gradient for better visualization.
Weighted Moving Average (WRAMA):
WRAMA is a custom weighted moving average (MA1), where closing prices are weighted based on RSI and ATR, allowing it to dynamically adapt to market conditions.
Baseline: The WRAMA line calculated over a user-defined period.
WRAMA Calculation:
RSI Weight: Based on RSI value. When RSI is in extreme zones (below the lower threshold or above the upper threshold), an extreme weight is applied. Otherwise, the weight is based on the squared RSI value divided by 100, raised to a power defined by the rsi_weight_factor.
ATR Weight: Based on the ATR-to-average-ATR ratio. If ATR exceeds a threshold (atr_threshold × avg_atr), an extreme weight is applied. Otherwise, the weight is based on the squared ratio of ATR to average ATR, raised to the power of the atr_weight_factor.
Combined Weight: RSI and ATR weights are combined using a rsi_atr_balance parameter. Final weight = RSI weight × balance + ATR weight × (1 - balance).
WRAMA Calculation: The closing price is multiplied by the combined weight. The result is averaged over the ma_length period and divided by the average of the weights, forming the WRAMA line. For current WRAMA (ma_length = 1), the calculation simplifies to a single weighted price.
Additional Moving Averages:
For additional confirmations, the indicator supports up to five moving averages (MA1–MA5) with various types (SMA, EMA, WMA, HMA, ALMA) and customizable periods.
All additional MAs are calculated based on WRAMA or its baseline, ensuring consistency and enabling deeper analysis within a unified methodology. MA trend directions can be tracked in a built-in signal table.
Trading Signals:
Breakout Signals: Breakouts above/below the channel are optionally marked with triangle shapes (green for bullish, red for bearish).
MA Signals: Price position relative to MAs or their slope generates bullish/bearish signals. These are optionally visualized with default triangles (green up, red down).
A signal table in the top-right corner summarizes the status of each moving average – bullish, bearish, or neutral.
Customization Options
Channel Settings:
MA Period: Length of the WRAMA baseline (default: 100).
Channel Deviation : Percentage offset from the baseline for upper/lower bands (default: 1.5%).
RSI Settings:
RSI Period: Length of the RSI calculation (default: 14).
RSI Upper/Lower Threshold: Overbought/oversold levels (default: 70/30).
RSI Weight Factor: Influence of RSI on weighting (default: 2.0).
ATR Settings:
ATR Period: ATR calculation length (default: 14).
ATR Threshold: Volatility threshold as a multiple of average ATR (default: 1.5).
ATR Weight Factor: Influence of ATR on weighting (default: 2.0).
RSI & ATR Combined:
Extreme Weight: Weight applied in extreme RSI/ATR conditions (default: 3.0).
RSI/ATR Balance: Balance between RSI and ATR influence (default: 0.5).
Signal Settings:
Show Breakout Signals: Enable/disable breakout triangles.
Show MA Signals: Enable/disable MA-based signals.
MA Signal Source: Choose between current WRAMA or baseline.
MA Signal Analysis: Based on price position or slope.
Neutral Threshold : Minimum distance from MA for signal neutrality (default: 0.5%).
Minimum MA Slope : Minimum slope for trend direction signals (default: 0.01%).
Moving Averages (MA1–MA5):
Options to enable/disable, select type (SMA, EMA, WMA, HMA, ALMA), set period length, and choose color.
Style Settings:
Gradient Fill: Enable/disable gradient coloring within the channel.
Show Baseline: Enable/disable WRAMA baseline visibility.
Colors: Customize line, fill, and signal colors.
Use Cases
Trend Identification: The WRAMA channel highlights trend direction and potential reversal zones when price contacts the channel edges.
Breakout Signals: Channel breakouts may indicate trend shifts or momentum surges.
MA Analysis: The signal table provides a clear summary of market direction (bullish, bearish, or neutral) based on selected moving averages.
Trading Strategies: Suitable for trend-following, mean-reversion, and scalping strategies, depending on user preferences and settings.
Notes
The indicator offers a high degree of flexibility, making it adaptable to various trading styles, instruments, and timeframes.
It is recommended to adjust channel length and width to fit your trading strategy.
Backtesting settings on historical data is advised to optimize parameters for a specific strategy and market.
Stock Performance DashboardStock Performance Dashboard
This indicator provides a compact, color-coded table comparing the performance of the current stock to a benchmark index across multiple timeframes: 1, 5, 10, 20, 50, and 200 days.
Columns: Period, Stock %, Index %, Outperforming (✔/✖), and Difference.
Conviction Score: The last row summarizes overall outperformance as a “conviction” level (e.g., Super solid, Solid, Good, Ok, Needs improv., Poor).
Mini Mode: For a quick view, Mini Mode shows only the period and outperformance status.
Customizable: Supports dark/light mode, table size, position, and optional difference column.
Space Efficient: Short headers and a minimized layout make it easy to add more info or columns in future versions.
How to use:
Add the indicator to any chart. Adjust settings in the indicator panel to change the benchmark index, enable mini mode, or reposition the table.
Ideal for:
Traders who want a fast, at-a-glance summary of how a stock is performing against its benchmark across key timeframes, directly on the chart.
Shooting Star ORB🧠 Indicator Name: "First Candle Shooting Star + ORB"
📌 Purpose
This indicator detects when the first candle of the day forms a Shooting Star pattern and then monitors for a breakout beyond its range. It visually marks the pattern and the breakout with boxes and provides real-time alerts and a status table.
🔍 What It Does Step-by-Step
1. 📅 Detects the Start of a New Trading Day
Uses ta.change(time("D")) to identify a new trading day.
When a new day starts, it checks if the very first candle of the session is a Shooting Star.
2. 🕯️ Identifies a Shooting Star Pattern
A candle is labeled a Shooting Star if:
It has a small body compared to the full candle range.
It has a long upper shadow at least 2× the body.
It has a short or tiny lower shadow.
All these criteria are adjustable through inputs.
3. 📦 Draws a Box for the First Candle Range
If a Shooting Star is found in the first candle of the day:
It draws a red shaded box covering the high and low of that candle.
The box visually marks the potential Opening Range.
4. 💥 Detects Breakout from Shooting Star Candle
After the first candle:
If price moves above or below the range by a specified % (like 1%), it flags a breakout.
A blue shaded box is drawn at the breakout candle for visual confirmation.
5. 🔔 Alerts
🔴 Shooting Star Detected: Alerts when the first candle is a shooting star.
🔵 Breakout Detected: Alerts when the price breaks out of the first candle’s range.
6. 📊 Displays Real-Time Info Table
A small table is shown on the chart:
🕯️ Pattern: “Shooting Star” or blank
💥 Breakout: “Yes” or “No”
⏱️ The timeframe being analyzed (e.g., “5” for 5-minute)
NSE/BSE Derivative - Next Expiry Date With HolidaysNSE & BSE Expiry Tracker with Holiday Adjustments
This Pine Script is a TradingView indicator that helps traders monitor upcoming expiry dates for major Indian derivative contracts. It dynamically adjusts these expiry dates based on weekends and holidays, and highlights any expiry that falls on the current day.
⸻
Key Features
1. Tracks Expiry Dates for Major Contracts
The script calculates and displays the next expiry dates for the following instruments:
• NIFTY (weekly expiry every Thursday)
• BANKNIFTY, FINNIFTY, MIDCPNIFTY, NIFTYNXT50 (monthly expiry on the last Thursday of the month)
• SENSEX (weekly expiry every Tuesday)
• BANKEX and SENSEX 50 (monthly expiry on the last Tuesday of the month)
• Stocks in the F&O segment (monthly expiry on the last Thursday)
2. Holiday Awareness
Users can input a list of holiday dates in the format YYYY-MM-DD,YYYY-MM-DD,.... If any calculated expiry falls on one of these holidays or a weekend, the script automatically adjusts the expiry to the previous working day (Monday to Friday).
3. Customization Options
The user can:
• Choose the position of the expiry table on the chart (e.g. top right, bottom left).
• Select the font size for the expiry table.
• Enable or disable the table entirely (if implemented as an input toggle).
4. Visual Expiry Highlighting
If today is an expiry day for any instrument, the script highlights that instrument in the display. This makes it easy to spot significant expiry days, which are often associated with increased volatility and trading volume.
⸻
How It Works
• The script calculates the next expiry for each index using built-in date/time functions.
• For weekly expiries, it finds the next occurrence of the designated weekday.
• For monthly expiries, it finds the last Thursday or Tuesday of the month.
• Each expiry date is passed through a check to adjust for holidays or weekends.
• If today matches the adjusted expiry date, that row is visually emphasized.
⸻
Use Case
This script is ideal for traders who want a quick glance at which instruments are expiring soon — especially those managing options, futures, or expiry-based strategies.
AsturRiskPanelIndicator Summary
ATR Engine
Length & Smoothing: Choose how many bars to use (default 14) and the smoothing method (RMA/SMA/EMA/WMA).
Median ATR: Computes a rolling median of ATR over a user-defined look-back (default 14) to derive a “scalp” target.
Scalp Target
Automatically set at ½ × median ATR, snapped to the nearest tick.
Optional rounding to whole points for simplicity.
Stop Calculation
ATR Multiplier: Scales current ATR by a user input (default 1.5) to produce your stop distance in points (and ticks when appropriate).
Distortion Handling: Switches between point-only and point + tick displays based on contract specifications.
Risk & Sizing
Risk % of account per trade (default 2 %).
Calculates dollar risk per contract and optimal contract count.
Displays all metrics (scalp, stop, risk/contract, max contracts, max risk, account size) in a customizable on-chart table.
ATR-Based Stop Placement Guidelines
Trade Context ATR Multiplier Notes
Tight Range Entry 1.0 × ATR High-conviction, precise entries. Expect more shake-outs.
Standard Trend Entry 1.5 × ATR Balanced for H2/L2, MTR, DT/DB entries.
Breakouts/Microchannels 2.0 × ATR Wide stops through chop—Brooks-style breathing room.
How to Use
Select ATR Settings
Pick an ATR length (e.g. 14) and smoothing (RMA for stability).
Adjust the median length if you want a faster/slower scalp line.
Align Multiplier with Your Setup
For tight-range entries, set ATR Multiplier ≈ 1.0.
For standard trend trades, leave at 1.5.
For breakout/pullback setups, increase to 2.0 or more.
Customize Risk Parameters
Enter your account size and desired risk % per trade (e.g. 2 %).
The table auto-calculates how many contracts you can take.
Read the On-Chart Table
Scalp shows your intraday target.
Stop gives Brooks-style stop distance in points (and ticks).
Risk/Contract is the dollar risk per contract.
Max Contracts tells you maximum position size.
Max Risk confirms total dollar exposure.
Visual Confirmation
Place your entry, then eyeball the scalp and stop levels against chart structure (e.g. swing highs/lows).
Adjust the ATR multiplier if market context shifts (e.g. volatility spikes).
By blending this sizing panel with contextual ATR multipliers, you’ll consistently give your trades the right amount of “breathing room” while keeping risk in check.
MÈGAS ALGO : CNA (Cognitio Analysis) [INDICATOR]Overview
The CNA (Cognitio Analysis) is a comprehensive financial analysis tool designed to evaluate the overall health and potential of a market or company based on fundamental metrics. It aggregates data across five key metric groups—**Growth**, **Profitability**, **Cash Flow**, **Income**, and **Valuation**—to provide a final interpretation of market conditions. The indicator dynamically adapts to the selected fiscal period (Quarter, Year, or Trailing Twelve Months) and delivers insights into dominant trends and conflicting signals.
Key Features
1. Customizable Fiscal Period:
- Users can select between "Quarter", "Year", or "Trailing Twelve Months" (TTM) to analyze data for their desired timeframe.
2. Dynamic Table Visualization:
- Displays raw metric values, aggregated scores, and the final interpretation in an intuitive
table.
- Highlights the final interpretation with dynamic background colors (`color.teal` for bullish,
`color.red` for bearish, etc.).
3. Comprehensive Data Integration:
- Pulls financial data using TradingView's `request.financial()` function for metrics like
revenue, earnings, margins, and valuation ratios.
4. Normalization and Scoring:
- Normalizes data to create a consistent scoring system, ensuring accurate comparisons across
metrics.
How It Works
1. Metric Group Analysis
- Growth Metrics: Measures revenue growth, earnings per share (EPS) growth, and tax
efficiency.
- Profitability Metrics: Analyzes net profit margin, return on equity (ROE), and EBITDA margin.
- Cash Metrics: Assesses operating cash flow margin, free cash flow to operating cash flow
ratio, and cash flow coverage.
- Income Metrics: Examines gross profit margin, operating profit margin, and EBIT margin.
- Valuation Metrics: Evaluates price-to-earnings (P/E), price-to-sales (P/S), and enterprise
value-to-EBITDA (EV/EBITDA).
2. Dynamic Scoring System
- Metrics are normalized to ensure consistency across different scales.
- A geometric mean is used to calculate scores for each metric group, ensuring that all metrics
within a group contribute equally to the final score.
3. Dominant Trend Identification
- Scores from all five metric groups are aggregated to determine the **dominant trend** of the
market.
- The dominant trend is categorized as:
- Bullish: Strong fundamentals across most metrics.
- Bearish: Weak fundamentals across most metrics.
- Neutral: Balanced conditions with no clear direction.
- Unclear: Mixed signals dominate, requiring further monitoring.
4. Conflicting Signals Interpretation
- The indicator identifies scenarios where metrics conflict (e.g., high growth but low valuation).
- These conflicting signals provide nuanced insights into market conditions, highlighting rare opportunities or potential risks.
How to Use the Indicator
1. Select Fiscal Period:
- Choose between "FQ", "FY", or "TTM" to analyze data for the desired timeframe.
2. Review Metric Scores:
- Examine the scores for each metric group (Growth, Profitability, Cash, Income, Valuation) to
understand the underlying performance.
3. Interpret Final Output:
- The final interpretation provides a summary of the dominant trend and conflicting signals,
helping users make informed decisions.
4. Dynamic Coloring:
- Use the dynamic background colors in the table to quickly identify market sentiment
(bullish, bearish, neutral, or mixed).
Applications
- Identifying Opportunities:
- Look for bullish dominant trends combined with undervalued growth opportunities for
potential long positions.
- Avoiding Risks:
- Watch out for bearish dominant trends with overvaluation alerts to avoid potential losses.
- Monitoring Neutral Markets:
- Use the indicator to identify neutral markets and wait for clearer signals before making
decisions.
Conclusion
The CNA (Cognitio Analysis) is a powerful tool for traders and investors seeking to make informed decisions based on fundamental analysis. By combining detailed metric evaluations, dynamic scoring, and sentiment-based interpretations, this indicator provides a comprehensive view of market conditions. Whether you're identifying undervalued opportunities, avoiding overvalued risks, or monitoring neutral markets, this indicator equips you with the insights needed to navigate complex financial landscapes.
Please Note:
This indicator is provided for informational and educational purposes only. It is not financial advice, and it should not be considered a recommendation to buy, sell, or trade any financial instrument. Trading involves significant risks, including the potential loss of your entire investment. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions.
The results and images provided are based on algorithms and historical/paid real-time market data but do not guarantee future results or accuracy. Use this tool at your own risk, and understand that past performance is not indicative of future outc
FSH ATR MTF MonitorThe FSH ATR MTF Monitor tracks the Average True Range (ATR) and current range across six customizable timeframes, displaying the results in a table. When a timeframe’s range exceeds its ATR, the range value turns yellow, signaling heightened volatility. This multi-timeframe tool helps traders assess market conditions and plan entries or exits.
Key Features:
- Monitors ATR and range for up to six timeframes simultaneously.
- Customizable ATR length and timeframe inputs.
- Highlights ranges exceeding ATR in yellow for quick identification.
- Table display with toggle option for flexibility.
How to Use:
1. Add the indicator to your chart.
2. Adjust the ATR length and timeframes in the inputs as needed.
3. Watch for yellow range values to spot volatility spikes across timeframes.
4. Toggle the table off if not needed.
Ideal for scalpers, swing traders, or anyone analyzing volatility across multiple timeframes.
Multi-Time Frame DMI with Gradient Bar ColoringDisplays a table showing the Directional Movement Index (DMI) sentiment for multiple time frames based on the Average Directional Index (ADX) value for each time frame.
Table Position and Text Size are configurable, with two styles (vertical or horizontal) available.
Time frame labels can be toggled off for color-only table.
Bars are colored based on the ADX value using a color gradient between the bullish and bearish color inputs. The neutral color is independent of the gradient for contrast.
Nasdaq Risk Calculator - DTFXNasdaq Risk Calculator
This Pine Script (v5) indicator provides a dashboard-style tool for calculating trading risk based on manually input tick measurements for Nasdaq futures contracts (NQ and MNQ). Designed as an overlay on the main chart, it displays key risk metrics in a fixed-position table, allowing traders to assess contract type, lot size, risk ticks, and actual risk in dollars relative to a user-defined risk amount.
Features:
Manual Tick Input: Enter the number of ticks (e.g., from a ruler measurement) to define the price range for risk calculation.
Risk Calculation: Computes the optimal contract (NQ or MNQ), number of lots, risk ticks (half the input range), and actual risk in dollars, targeting the specified risk amount (default: $100).
Customizable Dashboard: Displays results in a single-cell table with a semi-transparent white background and gray border, positioned in one of four chart corners (Top Left, Top Right, Bottom Left, Bottom Right) via user selection.
Reset Option: Includes a toggle to clear the dashboard and start anew.
How to Use:
Add the indicator to your chart (best suited for NQ or MNQ futures).
In the settings, input your "Risk Amount ($)" and "Ticks" (e.g., 400 for a 100-point range on NQ).
Select the "Dashboard Corner" to position the table.
View the calculated risk details in the chosen corner.
Adjust inputs or reset as needed.
Notes:
NQ tick value is $5.00 (NQ_MULTIPLIER = 5.0), and MNQ tick value is $0.50 (MNQ_MULTIPLIER = 0.5).
Ideal for traders planning risk based on measured price ranges, such as support/resistance zones.
