This script is generate multiple types of resistance line which later work as support too on daily time frame. this is not final breakout line but give you approx. idea about the support and resistance using this script. No of lines are below 1) Pullback Line this line is generated when close >= close and close >= close means 2 days straight todays close is...
This script trying to detect different lifecycle of stock / Stages. There is mainly 4 stages of stocks. 1) stage 1 - Accumulation = color = aqua 2) stage 2 - Advancing = color = green 3) stage 3 - Distribution = color = yellow 4) stage 4 - Declining = color = red At some point the condition i wrote wont detect any stage.
this is a copy of "Trendlines 2x +" Script by Lij_MC (but converted to Version 5 of Pine script), which draws trendlines from the pivot points in the price chart and also add some arrows from "Guppy Multiple Moving Averages" Indicator by optictropic for trend confirmation. I Change this code from Pine script 4 to 5 to add some functionalities to it. Some...
The " Control Your Emotions Reminder" script is a valuable tool for traders, helping them to monitor and manage their emotions during trading. By showcasing a list of typical emotions on the chart, this script aims to increase awareness of the emotional traps that can adversely affect trading outcomes. Traders can utilize this reminder to stay focused and...
Description: MOM-LRC is a powerful technical analysis indicator designed to provide traders with signals based on the momentum of an asset's price and its deviation from its mean value. The indicator calculates the exponential RSI and uses a custom function to determine the percentage change from the mean. The upper and lower bands of the momentum channel are...
Hi This is a small script that tries to assess the probability that a limit order sent at x % from the last close will be filled in the next y bars. It is based on historical data and can be useful to decide where to place your limit orders and to determine how far from the price you can put the limit order to get an X% chance of getting filled. It displays this...
This is a variation of the SPX Fair Value Bands indicator which uses WSHOSHO instead of WALCL. WSHOSHO only includes the 'Securities Held Outright' portion of the Fed balance sheet. This effectively eliminates the portions related to BTFP (Bank Term Funding Program).
This indicator, called the "Wick Momentum Indicator" (WMI), helps to gauge price momentum by comparing the total length of upper and lower wicks of a certain number of candlesticks. The indicator turns green when there is a bullish momentum (total length of lower wicks is greater than that of upper wicks) and turns red when there is a bearish momentum (total...
This indicator locates and places markers on known bullish and bearish candles. All candles can be turned on/off in the settings. It also has a setting to display RSI/MFI/Stoch RSI indications of oversold and overbought areas in the background showing areas of higher interest. The last feature is a setting that allows you to see where Heiken-Ashi has switched...
This indicator outputs a visual scale representing the level of volatility in the market relative to the timeframe selected on the users chart. The method of volatility used is "historical volatility" which is calculated by taking the standard deviation of a series of "x" length which contains the current closing price divided by the previous closing price for all...
Momentum Regime Filter BTC by This is a usefull indicator what shows you a macro state of BTC trend. Most of the trend indicators get lost in the ranging market or switch to bearish during simple pullbacks. And I decided to creat it to ignore all this noise from a market and see what exactly major trend is! -How it Works: For find out what curent trend on...
Description: This indicator is designed to alert based on user-selected economic data for Europe, the US, and Japan. It allows users to define their preferred economic data points and trade direction based on the change in the economic data compared to the previous value. you can use the strategy to automate economic data trading. Key Features: Choose from...
The XLY/XLP ratio is a financial indicator that measures the ratio between the two ETFs (Exchange Traded Funds) Consumer Discretionary Select Sector SPDR Fund (XLY) and Consumer Staples Select Sector SPDR Fund (XLP). This ratio is often used by traders and investors as a measure of the relative success of companies in the consumer goods and consumer services...
Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction in which an investment's value might move. A trendline is a line drawn over pivot highs or under pivot lows to show the prevailing direction of...
Hello! This script "Gaps" is a continuation and improvement on a subset indicator included in the "Quartile Volume; Volume Aggregation; US Range Bars; Gaps)" script! As advised by @thebearfib, the "Gaps" indicator is now standalone! Features Stat: Avg. Bars to Fill Up Gap Stat: Avg. Bars to Fill Down Gap Stat: Cumulative Up Gap % Increase Stat:...
A very simple indicator that displays the Open of the specified Timeframe How to use this indicator? 1. Directional Bias Bullish => Closing Price > Period Open Bearish => Closing Price < Period Open 2. Support / Resistance Each Period Open can be used as Support or Resistance 3. Take Profit Targets Each Period Open can be used as targets for taking profit
Display variations in min-max and median values of high, low and close across exchanges. It's a kind of realized volatility indicator, as the idea is that in times of high volatility (high emotions, fear, uncertainty), it's more likely that market inefficiencies will appear for the same asset between different market makers, ie, the price can temporarily differ a...
Measures the deviation of price metrics between various exchanges. It's a kind of realized volatility indicator, as the idea is that in times of high volatility (high emotions, fear, uncertainty), it's more likely that market inefficiencies will appear for the same asset between different market makers, ie, the price can temporarily differ a lot. This indicator...