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: ...
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...
This trading strategy is designed to automate monthly purchases of a security, adjusting the size of each purchase based on the percentage of the portfolio's equity. The key features of this strategy include: Monthly Purchases: The strategy buys the security on a specified day of each month, based on the user's input. Dynamic Position Sizing: The size of each...
Overview: The Trading Channel Index (TCI) is a technical analysis tool designed to identify cyclical trends in financial markets by smoothing out price movements and reducing volatility compared to traditional oscillators, like the Commodity Channel Index (CCI). The TCI helps traders pinpoint overbought and oversold conditions, as well as gauge the strength and...
Multi-Timeframe 325 SMA Touch Indicator This versatile indicator detects and visualizes when the price touches (crosses over or under) the 325-period Simple Moving Average (SMA) across multiple timeframes. It's designed to help traders identify potential support and resistance levels across various time horizons. Key Features: Monitors 7 different timeframes:...
Use this Strategy to Fine-tune inputs for the GannLSVZ0 Indicator. Strategy allows you to fine-tune the indicator for 1 TimeFrame at a time; cross Timeframe Input fine-tuning is done manually after exporting the chart data. I suggest using "Close all" input False when fine-tuning Inputs for 1 TimeFrame. When you export data to Excel/Numbers/GSheets I suggest...
Gold 96.5% Price Display (Test Version) This Pine Script indicator is a test version designed to display the current price of Thai gold (96.5%) in a customizable table on your TradingView chart. The script calculates the gold price using the latest values for XAU/USD and USD/THB, reflecting the price of gold in Thai Baht (THB) with a purity...
This Pine Script indicator calculates the difference between the price and a main moving average (SMA or EMA), allowing you to track deviations in either absolute or relative (percentage) terms. It offers several features to help visualize and smooth this difference: - Main MA Difference: Shows the price deviation from the moving average, either as an absolute...
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...
Supertrend Multi-Timeframe Indicator Introduction The Supertrend Multi-Timeframe Indicator is an advanced trading tool designed to help traders identify trend directions and potential buy/sell signals by combining Supertrend indicators from multiple timeframes. This script is original in its approach to integrating Supertrend calculations across different...
Creating a "Retest Confirm Point" indicator that generates buy and sell signals involves defining criteria to confirm that a price retest is valid before issuing a trade signal. This generally requires identifying a key level (such as support, resistance, or a trendline), detecting a retest of this level, and then confirming the validity of the retest. Here’s a...
Relative Volume Index (RVI) Short Description: Relative Volume Index (RVI) with customizable volume bands, moving averages, and alerts for high and low volume thresholds. Includes options for displaying daily and weekly relative volume for enhanced analysis. Full Description: The Relative Volume Index is a powerful and versatile tool designed to help...
Smart Dynamic Stop Loss (SDSL) Indicator The Smart Dynamic Stop Loss (SDSL) Indicator creates a stop loss level that dynamically adapts to market conditions. How It Works / How To Calculate: 1. **Initialization**: The indicator initially sets a stop loss level at a specified percentage (default 2%, user-adjustable) below the current price. 2. **Upward...
Key Features: EMA Filter: Adds an Exponential Moving Average (EMA) to filter signals based on the trend. Buys are only considered when the price is above the EMA, and sells when below it. Customizable Inputs: Users can adjust parameters for EMA, MACD, and RSI directly from the TradingView interface, allowing for more personalized strategies. Alerts: The script...
This indictor will mark intraday levels. Levels will be marked by calculating 3% up and 3% down from previous day close. This indicator calculates 3% levels above and below the previous day's close. These levels can be used to track potential support or resistance levels throughout the trading day. This script helps plot 3% above and below the previous day's...
This script calculates and plots the Geometric Mean (GM) of two significant price levels (in this case, moving averages) to identify balance points or equilibrium levels in the market. Key Components of the Script: Input Variables: length1: Defines the period for the first moving average (representing the first radius 𝑥x). length2: Defines the period for the...
Components of the Indicator: Moving Averages: Short-Term Moving Average (MA): This is a 50-period Simple Moving Average (SMA) applied to the closing price. It is used to track the short-term trend of the market. Long-Term Moving Average (MA): This is a 200-period SMA used to track the long-term trend. Day Trading Moving Average: A 20-period SMA is used...
Explanation Moving Averages: The script uses a 50-period and a 200-period SMA to determine trend direction. RSI: Buy signals are generated when the short MA crosses above the long MA and the RSI is below 30 (oversold). Sell signals occur when the short MA crosses below the long MA and the RSI is above 70 (overbought). Alerts: Alerts can be set for both buy and...