This indicator is built to mesure the performance of a stock vs the index of choice. it is best use for the intraday session because it doesn't take gap into account when doing the calculation. This is how i made my math (using AAPL compared to SPY for simplicity) (change AAPL / ATR AAPL) - (change SPY / ATR SPY) * beta factor * volume factor change is calculated...
Modified Super Trend with Chebyshev Filter The Modified Super Trend is an innovative take on the classic Super Trend indicator. This advanced version incorporates a Chebyshev filter, which significantly enhances its capabilities by reducing false signals and improving overall signal quality. In this post, we'll dive deep into the Modified Super Trend, exploring...
This library comprises valuable functions for implementing strategies on TradingView, articulated in a professional writing style. The initial version features a monthly Profit & Loss table with percentage variations, utilizing a modified version of the script by @QuantNomad. Library "strategy_utilities" monthly_table(results_prec, results_dark)...
The script is an advanced technical analysis tool specifically designed for trading in financial markets, with a particular focus on the BankNifty market. It utilizes two powerful indicators: the Fractal Adaptive Moving Average (FRAMA) and the CPMA (Conceptive Price Moving Average), which is similar to the well-known Chande Momentum Oscillator (CMO) with Center of...
Enhance Your Trading Experience with the Multi Time Frame Normalized Price Indicator Introduction As a trader, having a clear and informative chart is crucial for making informed decisions. In this post, we will introduce the Multi Time Frame Normalized Price (MTFNP) Indicator, an innovative trading tool that offers an insightful perspective on price action. The...
Fast and Smooth Stochastic Oscillator with Zero Lag Introduction In this post, we will discuss a custom implementation of a Stochastic Oscillator that not only smooths the signal but also does so without introducing any noticeable lag. This is a remarkable achievement, as it allows for a fast Stochastic Oscillator that is less prone to false signals without...
Introducing the Advanced MACD Chebyshev Indicator Enhanced Convergence Divergence with Gate Compressor for Improved Trading Signals Introduction We are excited to introduce a new, advanced Moving Average Convergence Divergence (MACD) indicator that we've developed, called the MACD Chebyshev (CMACD). This innovative indicator uses the dominant period to...
Title: 4 Pole Butterworth Filter: A Smooth Filtering Technique for Technical Analysis Introduction: In technical analysis, filtering techniques are employed to remove noise from time-series data, helping traders to identify trends and make better-informed decisions. One such filtering technique is the 4 Pole Butterworth Filter. In this post, we will delve into...
Title: Chebyshev Type I and II Filters: Smoothing Techniques for Technical Analysis Introduction: In technical analysis, smoothing techniques are used to remove noise from a time series data. They help to identify trends and improve the readability of charts. One such powerful smoothing technique is the Chebyshev Type I and II Filters. In this post, we will dive...
Intro The Breakout Retest Indicator is a valuable tool utilized to confirm the occurrence of a proper breakout so you know when to enter on a retest. It analyses the price movement of an asset and identifies a breakout when the price level surpasses the inputted support and resistance values. Conditions The indicator operates based on simple yet reliable...
indicateur permet de prendre des decision a partie des donnes de moyennes mobiles znb un seuk indicateur ne permet pas de prendre une decision d'achat ou de vente
The strategy is designed to trade on the Stochastic RSI indicator crossover signals. Below are all of the trading conditions: -When the Stochastic RSI crosses above 30, a long position is entered. -When the Stochastic RSI crosses below 70, a short position is entered. -The strategy also includes two additional conditions for entry: -Long entries must have a...
This script description is intended to be holistic and comprehensive for the understanding of the interested parties who view the script. Following the PineCoders suggestions, I have provided detailed breakdowns both within the code and in the description immediately below: ► Description This description is intended to be detailed and meaningful, conveying the...
This library is for identifying uptrends and downtrends using a loopback candle analysis method. Which contains two functions: uptrendLoopbackCandleIdentification() and downtrendLoopbackCandleIdentification() . These functions check if the current candle is part of an uptrend or downtrend, respectively, based on the specified lookback period. The ...
The Conceptive Price Moving Average (CPMA) is a technical indicator designed to provide a more accurate moving average of the price by using the average of various price types, such as open, close, high, low, etc. The CPMA can help to smooth out the noise and provide a clearer picture of the overall trend by taking the average of the last 3 candles for each price...
The Endpointed SSA of Price: A Comprehensive Tool for Market Analysis and Decision-Making The financial markets present sophisticated challenges for traders and investors as they navigate the complexities of market behavior. To effectively interpret and capitalize on these complexities, it is crucial to employ powerful analytical tools that can reveal hidden...
FRAMA (Fractal Adaptive Moving Average) is a technical analysis indicator that adapts its smoothing period according to the market's volatility, allowing it to provide accurate signals in all market conditions. This indicator script plots the FRAMA on a chart and generates buy and sell signals based on the FRAMA and candlestick patterns. It also includes an option...
This code is a TradingView indicator that analyzes the Bank Nifty index of the Indian stock market. It uses various inputs to customize the indicator's appearance and analysis, such as enabling analysis based on the chart's timeframe, detecting bullish and bearish engulfing candles, and setting the table position and style. The code imports an external script...