The Sector ETF Macro Trend indicator is designed for technical analysis of broad economic trends through sector-specific exchange-traded funds (ETFs). It uses logarithmic price transformation, linear regression, and volatility analysis to examine sector trends and stability, providing a technical basis for analytical assessment. Core Analysis Techniques ...
Consolidation Channels (AstroHub) Indicator Overview: The Consolidation Channels (AstroHub) indicator is a powerful tool designed for traders seeking to identify consolidation periods within financial markets. Unlike traditional indicators that merely follow trends or focus on specific trading strategies, this script utilizes a unique approach based on fractal...
The Urika Directional Strength (UDS) indicator calculates and visualizes the strength of the directional trend in the price data. It helps traders see the strength and direction of the trend and allows them to make informed trading decisions based on trend changes. Calculation: The Simple Moving Average is used to determine the upper and lower directional...
Plus Directional Movement (PDM) weekly BTC index - The PDM is a momentum indicator that measures the strength of a trend in the positive direction. The weekly PDM is calculated by determining the difference between the week's high price and the previous week's high price smoothed by a 14-period moving average. Higher PDM values indicate higher momentum in the...
What kind of traders/investors are we? We are trend followers. We look for assets that are outperforming the market. Our scripts are designed to be used on the higher timeframes (weekly/daily) to catch the large moves/trends in the market. Our scripts have been designed to help you follow the trend in an asset. What does this script do? This script is...
The Semaphore Plot V2, crafted by OmegaTools for the TradingView platform, is a sophisticated technical analysis tool designed to offer traders nuanced insights into market dynamics. This closed-source script embodies a novel approach by synthesizing multiple technical analysis methodologies into a coherent analytical framework. This detailed description aims to...
A Multi Time Frame Tend table that displays symbols trends for 6 selectable Time Intervals. In addition to the 6 first row color trends, the table also displays the direction of the last 2 candles in each Time Interval in the last 2 rows. This extra interval information displays price trend direction change or may add confluence if the price direction is the...
Ideas from Brian Shannon's book "Anchored VWAP" The Multi-Day Rolling VWAP indicator for intraday timeframes allows you to track the Volume Weighted Average Price (VWAP) over multiple days, specifically for 1-day, 2-day, 3-day, 4-day, and 5-day periods. This indicator beyond the standard daily VWAP provides a broader perspective on price trends and market...
The Index Investing indicator simplifies decision-making for adding to Index ETF's Long-term investments. By utilizing a percentage discount methodology, it highlights potential opportunities to enhance portfolios. This straightforward tool aids in identifying favorable moments to invest based on calculated price discounts from selected reference points, making...
In this script, we're creating a custom indicator to plot the previous day's closing price on the chart. This script retrieves the previous day's close using ta.change(time('d')) function. Then, it checks the value of the previous day's close and determines the increment accordingly input . Finally, it calculates the current day's close by adding the increment to...
The Global Liquidity Index (Candles) provides a comprehensive overview of major central bank balance sheets worldwide, presenting values converted to USD for consistency and comparability, following relevant forex rates. This indicator, based on the code developed by user ingeforberg , incorporates essential US accounts including the Treasury General Account...
This script, "Geometric Trend Angle," is designed to identify trend reversals based on the geometric angle of the price chart. Here's a detailed explanation of its originality, functionality, and usage: Originality and Usefulness: The uniqueness of this script lies in its approach to trend reversal detection through the calculation of the geometric trend...
This script makes use of bullish engulfing candles, trend analysis, and time. The trend is devided between an up- and downtrend. This is based on a simple cross over strategy, using the 9 and 50 moving averages. The buys are calculated based on how many times a bullish engulfing candle was displayed on the chart during a downtrend. Bullish engulfing candles in...
Importance: Identifying Key Price Levels: The indicator helps identify critical price levels such as all-time highs (ATH), all-time lows (ATL), 52-week highs (52WH), and 52-week lows (52WL). These levels often act as significant support or resistance areas. Candle Color Insights: By coloring candles based on their relationship to these key levels, traders can...
This Pine Script is a trading indicator that combines various technical analysis elements such as ATH (All-Time High) and ATL (All-Time Low), RSI (Relative Strength Index) with exponential smoothing, Supertrend and EMA (Exponential Moving Average) calculations. Let's break down the key components and functionalities of this script: ATH (All-Time High) and ATL...
The Volume Profile with Node Detection is a charting tool that allows visualizing the distribution of traded volume across specific price levels and highlights significant volume nodes or clusters of volume nodes that traders may find relevant in utilizing in their trading strategies. 🔶 USAGE The volume profile component of the script serves as the...
Dashboard gồm 3 khung thời gian: Weekly, Daily và H4 Chức năng: * Tự động xác định xu hướng các khung thời gian dựa trên đường MA 20 ngày và MA105 ngày * Tự động khuyến nghị Action Plan đồng thuận với xu hướng chính