This chart is designed to calculate and display the percentage change of the Magnificent 7 (M7) stocks and the S&P 500 excluding the M7 (Ex-M7) from the beginning of 2024 to the most recent data point. The Magnificent 7 consists of seven major technology stocks: Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL), Meta (META), Nvidia (NVDA), and Tesla...
Title: Mark Minervini Stage 2 Screener with Custom RS Description: This script is designed to identify stocks that meet the criteria for Mark Minervini's Stage 2 trend setup, incorporating custom relative strength (RS) ranking. Key Features: Moving Averages: Tracks the 50-day, 150-day, and 200-day Simple Moving Averages (SMA) to identify trend alignment. Price...
Cumulative Volume Delta Line (CVD) Overview: The Cumulative Volume Delta (CVD) indicator offers a clear and insightful analysis of market sentiment by measuring the net difference between buying and selling volumes. It tracks the cumulative volume of trades where the closing price is higher (indicative of buying) versus lower...
The "US Futures Momentum Overview" indicator is designed to provide a comprehensive view of momentum across various U.S. futures markets. It calculates the Rate of Change (ROC) for multiple futures contracts and displays them as lines on a chart. Each futures market is plotted with a unique color for easy differentiation, allowing traders to quickly assess the...
NEXT BAR Percentages Indicator This Pine Script code implements the "NEXT BAR Percentages" indicator, designed to analyze and display percentage changes between consecutive bars on a TradingView chart. The script provides valuable insights into how percentage changes in price behave after significant price movements, aiding traders in identifying potential...
The Session Countdowns indicator is a powerful tool designed for traders who want to keep track of multiple trading sessions throughout the day. This indicator allows users to customize and monitor up to four different trading sessions with real-time countdowns until the session starts and ends. Customizable Sessions: Define up to four trading sessions with...
The Spent Market Trading Pattern is a strategy developed by Larry Connors, typically used for short-term mean reversion trading. This strategy takes advantage of the exhaustion in market momentum by entering trades when the market is perceived as "spent" after extended trends or extreme moves, expecting a short-term reversal. Connors uses indicators like RSI...
This indicator combines simple pivot detection with market breadth ratios. The thought was to show market breadth strength or weakness where price was making potential pivots. Lookback can be adjusted and currently it supports NYSE and NASDAQ market breadth. Configuration is limited given the simplicity but live breadth printout can be displayed at current...
Envelope with Kernel Selection Indicator Overview The "Envelope with Kernel Selection " is a versatile technical analysis tool designed to help traders identify market trends and trading signals. This indicator allows traders to spot signals in two primary ways: through the plotshape markers, which indicate specific price crossovers, and via the background...
What It Does: This indicator helps you spot important trading signals by combining Bollinger Bands with big candles. Key Features: Bollinger Bands: These bands show the average price (middle band) and the range of price movement (upper and lower bands) over a set period. The bands widen when prices are more volatile and narrow when they are less volatile. Big...
To create an indicator with a more aggressive trading strategy and with the aim of increasing the win rate, you need to adapt several elements of the existing strategy, such as increasing the accuracy of entry and exit signals and adjusting parameters to be more responsive to market changes.
This Pine Script is designed to plot Buy and Sell signals based on the Relative Strength Index (RSI) for both 15-minute and hourly timeframes. It calculates the RSI values for the current 15-minute chart and requests the hourly RSI data for comparison. Buy signals are generated when the RSI crosses above 60 in either timeframe, while sell signals occur when the...
This script provides a visual representation of various financial spreads along with their Simple Moving Averages (SMA) in a table format overlayed on the chart. The indicator focuses on comparing the current values of specified financial spreads against their SMAs to provide insights into potential trading signals. Key Components: SMA Length Input: ...
Oscilador tendencial que se basa en el cruce de medias móviles, una rápida y otra lenta. cuando el cruce es bajista el histograma o la línea, marcan un período bajista y cuando cruza la media rápida sobre la lenta se muestra un período alcista. espero les resulte últil para operar. espero sus comentarios e ideas para mejorar este indicador.
Custom Time Range Highlighter This versatile indicator allows traders to highlight specific time ranges on their charts, accommodating users worldwide by supporting customizable UTC offsets. Traders can define two distinct time ranges, setting start and end hours in their local time zone. A toggle option enables the display of highlights for today only...
MultiSymbol Volume Increase Screener Designed for TradingView Presented by Chervolino Introduction Welcome to the presentation of the MultiSymbol Volume Increase Screener—a powerful tool designed to enhance your trading strategy on TradingView. Developed at the request of jscott143, this screener provides traders with realtime insights into significant...
Dual Channel Average Indicator The Dual Channel Average Indicator is a powerful technical analysis tool that combines two moving averages derived from price channels to provide traders with a clear visual representation of market trends and potential reversal points. Key Features 1. Dual Channel Visualization: Displays two average lines based on short-term...
A utility to manually track your trades. Also allows you to specify a RR and $ risk per trade if you trade with that kind of system. Double click to get to the settings to update as you make trades. Can be used for back/forward testing and while live trading. Modified and republished with permission from Knighted21