The "RSI K-Means Clustering " indicator is a technical analysis tool that combines the Relative Strength Index (RSI) with K-means clustering techniques. This approach aims to provide more nuanced insights into market conditions by categorizing RSI values into overbought, neutral, and oversold clusters. The indicator adjusts these clusters dynamically based on...
The Global MPMI Overview Indicator is designed to provide a comprehensive view of the Manufacturing Purchasing Managers' Index (PMI) for various countries and regions. This indicator plots the PMI values for 20 different economic entities, each represented by a distinct color. The PMI is a crucial economic indicator that reflects the health of the manufacturing...
This PineScript code creates an indicator called "Reward Ratio Validator" that helps traders evaluate potential trade setups based on pivot points, standard deviation, and risk/reward ratios. Here's a breakdown of what the code does: 1. Input parameters: - Pivot: Number of bars for pivot calculation - STDEV Length: Number of bars for standard deviation...
The ticker symbol for the NYSE CUMULATIVE Tick Index is TICK. The Tick Index is a short-term indicator that shows the number of stocks trading up minus the number of stocks trading down. Traders can use this ratio to make quick trading decisions based on market movement. For example, a positive tick index can indicate market optimism, while readings of +1,000 and...
Simple checklist to perform before entering a trade. Sourcecode credit: talesoftrader Adjusted the checklist based on Ttrades - PDF - ENTRY MODELS AND CHECKLIST drive.google.com
Description: The Simplified JFKPS Indicator is designed for traders seeking a straightforward approach to identify market trends and potential trade opportunities. By utilizing a simple moving average (SMA), this indicator provides clear visual signals to assist in making informed trading decisions. Key Features: Trend Identification: The indicator calculates a...
This is an extension of the previously released script, "Price / US M2 Money Supply (with added features)." This new version keeps all the original features while significantly expanding its functionality by allowing users to select from various economic and financial benchmarks as the denominator, making it a more versatile tool for ratio analysis. What This...
Funding Aggregator - Long/Short Indicator by Czechstoner
Funding Aggregator - Long/Short Indicator _ by Martin
Whispr IQ - Trading System This advanced multi-component indicator combines several powerful analysis tools to provide a comprehensive view of market conditions and potential trading opportunities. Key Components: Kernel Regression Ribbon Institutional Order Flow Volume Profile Order Blocks Swing Points and Liquidity Naked POC (Point of Control) Fibonacci...
Sentiment Cycle Indicator: Understanding Market Psychology Through Technical Analysis Overview: The Sentiment Cycle Indicator is a unique blend of multiple technical analysis tools designed to help traders visualize and capitalize on market sentiment shifts. This indicator combines RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence),...
The FXN1 COT Net Positions Oscillator is a versatile tool designed for traders to analyze Commitment of Traders (COT) data with both raw net positions and oscillator-style visualization. This script allows users to visualize the net positions of Commercials, Large Speculators, and Retailers Small Speculators to identify potential market turning points or trends...
MeanRevert Matrix is a sophisticated trading tool designed to detect when prices significantly deviate from their historical averages, signalling potential market trends and reversals. Leveraging complex algorithms that incorporate human emotions and mean reversion theory, this indicator is the first stage in a comprehensive system for identifying market entry...
The FloWave Oscillator is a powerful trading tool designed to identify market trends and reversals by analysing reversal zones based on momentum and fear algorithms. Serving as the first stage in a comprehensive trading system, it is intentionally straightforward, allowing traders to clearly see potential entry points across all charts and timeframes. By...
Introducing the Simple Price Action Indicator The Simple Price Action Indicator is designed to help traders quickly identify market trends and make informed decisions. This custom-built Pine Script tool changes candle colors on your chart based on price movement: - Lime Green Candles indicate bullish momentum when the current price closes above the previous...
The Market Momentum Indicator plots two essential lines on your chart: the Momentum Line and the Momentum Signal, enabling you to visualize price direction and detect potential shifts in that direction. Momentum Line: The Momentum Line is calculated by finding the highest and lowest prices over the last 14 periods and then determining the midpoint between them....
Hello traders, today I'm pleased to provide another potential tool in reading one of the most powerful intraday indicators for scalpers et al, TICK . This indicator, "Market Tick Trend", provides a simplified version of reading the movements of TICK compared to my other indicator Market Internal Trend aka "MIT" . It also makes use of cumulative measurements vs...