Relative Performance Analysis Script This Pine Script creates a detailed table on your TradingView chart to compare the performance of a specified asset against a benchmark over multiple time frames. The table is fully customizable, allowing you to select its location on the chart and display performance metrics for different periods. Features: ...
**Script Name: Trend Line and Price Objective with Historical Candles** BITSTAMP:BTCUSD This Pine Script for TradingView, authored by Dshergill, plots a trend line, price objective, and historical candles on the chart. It includes several key features: 1. **Trend Line and Price Objective:** - **Trend Line**: Draws a horizontal trend line at the highest...
HSI 15 MAS A/D Line This script calculates the Advance-Decline Line (AD Line) for the top 15 most active stocks within the Hang Seng Index, representing a significant 65.82% of the index's total weight. The AD Line is a crucial breadth indicator, measuring the difference between the number of advancing and declining stocks within the selected 15 constituents. By...
Introductions: Before explaining the functions of this indicator to you, we need to talk about what theoretical knowledge we need to have. Many different price approaches have been developed over the decades with different analysis methods and are still evolving. Some theories used in classical trend analysis methods are interpreted or blended with different...
Overview: Relative Strength according to Oster (RSO) is an innovative tool that redefines how traders assess an asset's market strength. Moving beyond traditional indicators, RSO offers a sophisticated and highly responsive measure of an asset's potential to continue performing well. By integrating groundbreaking methodologies, RSO equips traders with...
This Pine Script indicator is designed to identify specific bullish and bearish structures on a price chart based on user-defined conditions. The indicator highlights buy and sell signals and allows customization through input checkboxes to include or exclude additional conditions for generating these signals. Key Features: User Input Checkboxes: Use Additional...
Volume-Weighted Support and Resistance with Projections (VW-SRP) Overview This TradingView PineScript indicator, "Volume-Weighted Support and Resistance with Projections" (VW-SRP), identifies key support and resistance levels based on volume-weighted average price (VWAP), short-term highs and lows, and projects future levels using standard deviation. It also...
Mansfield RS with 3 SMAs Overview The Mansfield Relative Strength (RS) indicator with three Simple Moving Averages (SMAs) enhances traditional RS analysis by adding more clarity and precision to trend identification. This personalized version aims to define RS trends more clearly and end them sooner, helping traders make better-informed decisions. Key...
1. Purpose: This indicator visualizes higher timeframe data on lower timeframe charts, facilitating multi-timeframe analysis. It recreates and extends the functionality of the MQL indicator of the same name in PineScript. 2. Key Features: a. Higher Timeframe Candle Display: - Displays monthly data by default, but users can select any timeframe. ...
Overview Project Monday is a sophisticated trading strategy designed for active market participants. This strategy can be used alongside other forms of technical analysis, providing traders with additional tools to enhance their market insights. While it offers a flexible approach for identifying and exploiting market inefficiencies, Project Monday does not fit...
Relative Measured Volatility Overview: This indicator measures the current daily volatility of an asset and compares it to the average volatility observed over the past 15 days. It provides a dynamic gauge of how much the market’s volatility is deviating from its recent historical norms. Key Features: Dynamic Comparison: The indicator calculates the standard...
Overview This Pine Script indicator is designed to be the best tool available for detecting pinbars in the market. It focuses on specific conditions to identify pinbars accurately and suggests a strategy using Fibonacci levels for trading. There is no other indicator on TradingView capable of what this indicator does, making it unique and highly valuable for...
The Momentum Trend indicator is an innovative technical analysis tool designed to capture and visualize momentum trends in financial markets. This advanced indicator goes beyond traditional momentum measures, offering a unique perspective on price action and trend strength. Core Functionality: Trend Momentum Index (TMI) Calculation: At the heart of this...
"Volume Based Volatility Trail ", is designed to identify potential trading opportunities based on volatility and volume analysis. It calculates the Average True Range (ATR) to gauge market volatility and uses a volume-based multiplier to dynamically adjust a trailing stop level. The indicator also incorporates volume analysis to identify high volume periods that...
The Trendline Cross Count indicator is an innovative technical analysis tool that revolutionizes the way traders interact with trendlines. This cutting-edge indicator doesn't just identify trendlines - it quantifies their impact on price action in real-time, providing traders with unprecedented insight into market structure. Core Functionality: Trendline Cross...
Source concept This indicator operates with the same calculation as TiWAP %B , review that for the general premise. What this study aims to deliver This TiWAP %B is a breadth indicator, that can track price movements against TiWAP for up to ten stocks configured. Benefits including acting as a "eyes on glass" scanner for trading individual stocks, trading...
TrendMaster Pro: A Comprehensive Trend Analysis Tool for Long-Term Investors TrendMaster Pro is an advanced technical indicator designed to provide long-term investors with a robust and comprehensive analysis of market trends. This sophisticated tool operates exclusively on daily timeframes, making it ideal for those focused on long-term investment strategies. By...
The "Smart Money Concepts by WeloTrades" indicator is designed to offer traders a comprehensive tool that integrates multiple advanced features to aid in market analysis. By combining order blocks, liquidity levels, fair value gaps, trendlines, and market structure analysis, the indicator provides a holistic approach to understanding market dynamics and making...