This script contains no trading value. This is no indicator. It is only showing how to use a powerful editor feature: To collapse (hide, fold) and expand (unhide, unfold) some blocks of your code. Don't tell me you never wished it was there ;) Well - it is! How to enable it? Look at line 4 of this script. It starts with //, but then there is this "opening...
English: This is a little, simple script I made upon request from a user. It shows the highs ad lows of up to three custom timelines (e. g. 60 min, 30 min and 15 min) within a chart. Deutsch: Dies ist ein kleines, einfaches Skript, das ich auf Anfrage eines Nutzers erstellt habe. Es zeigt die Hochs und Tiefs von bis zu drei individueller Zeitreihen (z. B....
Dear all, you might wonder is there a confirmation indicator that has a high hit rate, is dependable, and could rely on the information it gives you when making a decision? Here I present an indicator I developed specifically for cryptocurrency, in the minds of eliminating fakeouts and traps. Trend is always invalid then there is a lack of volume, so by...
This script will help you to see the price spread of todays price action.
Just a sum of up/down candles (+/- 1), and sum of consecutive up/down candles (choose on or another so that it displayed properly)
Updated for TV-Pine V4 This is the MACD of a stochastic OBV movement indicator and now the MACD of the Squeeze Momentum Indicator. It is good (right) to work with both price and volume...it is also good to utilize the most popular indicator ever in TV (Lazybear). I've included highlighting based on price divergence, yellow is divergence of either OBV or SQZ, red...
Simple script to plot weekly data into your chart and as example how MTF works in pine script. I use it for the 52 week high but you can choose other sources as well f.e. HL2 or close to reduce noise from wicks, also define your own length.
English: An expansion of the Advance Decline Line of the NASDAQ. It can be interesting to compare the Advance Decline Line with the corresponding benchmark index. I therefore made a ranking (0 to 100) based on the performance over the last days (default: 21 days). The difference is the target figure and ranges between -100 (bearish divergence) to +100 (bullish...
English: An expansion of the Advance Decline Line of the NYSE. It can be interesting to compare the Advance Decline Line with the corresponding benchmark index. I therefore made a ranking (0 to 100) based on the performance over the last days (default: 21 days). The difference is the target figure and ranges between -100 (bearish divergence) to +100 (bullish...
This script averages the range of the previous 5 sessions and displays it on the chart The sessions are adjustable
Hi again :) Script #2 for tonight, more to come :) This one is a Pine transcription of a FXCM/LUA script called BSTrend I used it years ago to trade index on very low timeframes with it. I'm always looking for oscillators that are more reactive than the traditional MACD. And even more reactive than the MACD Zero Lag This is a proof of concept that Pinescript...
I like to use OBV as a summary of the order book action + I added Fib levels from my other script for more context. I typically trade swings on H4, and HMA of the OBV helps me set the bias/trend.