Xeeder - US Government Bonds Analysis (USBA) The "Xeeder - US Government Bonds Analysis" (USBA) is a comprehensive tool designed to assist traders in analyzing the spread, historical volatility, and correlation between two different U.S. Government Bonds. This indicator is crucial for understanding the relative performance and risk factors between two bond...
This indicator is a visual representation of the VWAP (Volume Weighted Average Price), it calculates the weighted average price based on trading volume. Essentially, it provides a measure of the average price at which an asset has traded during a given period, but with a particular focus on trading volume. In our case, the indicator calculates the VWAP for the...
This indicator calculates and displays the cumulative area for each region above and below the zero line in the MACD histogram. This area measurement serves as a momentum metric, where larger cumulative areas indicate stronger momentum. Divergences between the area and price can also potentially indicate an impending reversal. For example, when the stock price...
This Pine Script is an indicator designed to mark and highlight specific trading sessions on a TradingView chart. Here's a description of the script's functionality: 1. *Session Selection*: The script allows you to select a session time frame using the `session_input` input. The available options for session time frames are "D" (daily), "W" (weekly), "M"...
The Weighted Momentum Forecast (EWMF) is a predictive indicator designed to forecast the potential direction and magnitude of the next candle's close. It combines the principles of momentum, trend confirmation, and volatility adjustment to make its predictions. **Components:** 1. **Rate of Change (ROC)**: Measures the momentum of the market. 2. **Average True...
Seasonal trend in terms of stocks refers to typical and recurring patterns in stock prices that happen at a specific time of the year. There are many theories and beliefs regarding seasonal trends in the financial markets, and some traders use these patterns to guide their investment decisions. This indicator calculates the trend by "Daily" logarithmic returns of...
The indicator allows you to track overbought/oversold conditions using the Williams indicator on several higher timeframes of the same ticker on one chart. Based on the relative position of the lines of different timeframes and their position relative to the exponential moving average, you can track the occurrence of situations of simultaneous overbought/oversold...
The HTF Fair Value Gap indicator aims to display the exact time/price locations of fair value gaps within a higher user-selected chart timeframe. 🔶 USAGE The indicator can be used to detect higher time frame fair value gaps. Detected historical HTF FVG are displayed as changes in chart background colors, with a green color indicating a bullish FVG and red...
The Volatility Quality Index (VQI) is an indicator used to measure the quality of market volatility. Volatility refers to the extent of price changes in the market. VQI helps traders assess market stability and risk levels by analyzing price volatility. This introduction may be a bit abstract, so let me help you understand it with a comparative metaphor if you're...
This script is designed to assist traders in identifying potential trading signals and trends based on the MACD indicator. Users can adjust the input parameters to fine-tune the indicator to their trading preferences. When specific conditions are met, alerts are generated to notify the user of potential trading opportunities. Indicator Description: The script...
This is SPTS. It stands for Statistical Package for the Trading Sciences. Its a play on SPSS (Statistical Package for the Social Sciences) by IBM (software that, prior to Pinescript, I would use on a daily basis for trading). Let's preface this indicator first: This isn't so much an indicator as it is a project. A passion project really. This has been in...
█ Overview The HTF Candle Insights indicator helps traders see what's happening in larger time frames (HTF) while they're looking at smaller ones. This tool lets traders get a complete picture of market trends and price movements, helping them make smarter trading choices. It's really useful for traders who want to understand the main market trends without...
This indicator attempts to show price source delta, mostly for intraday trading but may have applications on higher timeframes. Choose a different symbol from the chart, or use formulas, pick price source (close, open, lows, etc) and a cumulation calculation type. There are three to choose from and the tooltip provides the differences, they are as follows: 1)...
This script calculates the average price moves (using each bar's close minus the previous bar's close) for the trading days, weeks or months (depending on the timeframe it is applied to) of a number of past calendar years (up to 30) to construct a seasonal trend which is then drawn as a seasonal chart (overlay) onto the price chart. Supported are the 1D,1W,1M...
Improved EMA & CDC Trailing Stop Strategy Objective: This strategy seeks to exploit potential trend reversals or continuations using Exponential Moving Averages (EMAs) and a trailing stop based on the Chande Dynamic Convergence Divergence (CDC) ATR method. Components: Exponential Moving Averages (EMAs): 60-period EMA (Blue Line): Faster-moving average that...
I choose a symbol, and a source It returns the division between the new symbol in that source with the current timeframe, and the current symbol with the selected source and the current timeframe DIV = New symbol / Base symbol ---------------------------------- Elijo un simbolo, y un source Me devuelve la division entre el nuevo simbolo en ese source con el...
Description of the Indicator: The "Engulfings/Doji" indicator, is designed to assist traders in identifying significant candlestick patterns on price charts. This indicator focuses on two primary candlestick patterns: Bullish Engulfing and Bearish Engulfing, as well as the Doji pattern. It provides valuable insights into potential price reversals or...
Measuring correlations based on log returns, rather than raw prices or simple returns, offers several advantages: - stationarity: Log returns are more stationary, resulting in more meaningful and reliable results - volatility: Log returns give a consistent measure of relative changes of assets with different volatility Log returns are time-additive and often...