This Pine Script strategy is designed for statistical analysis and research purposes only, not for live trading or financial decision-making. The script evaluates the relationship between financial volatility (measured by either the VIX or the High Yield Spread) and market positioning strategies (long or short) based on user-defined conditions. Specifically, it...
This code implements an advanced version of Bollinger Bands with additional moving averages, ATR-based bands, step lines, market direction indicators, and real-time data display. Here’s a breakdown of the functionality: 1. Inputs and Parameters: length: The base period used for calculating the moving averages and the typical price. atr_length: The length used...
Simple Profitable MA Trade Strategy for Day Traders & Scalpers // You can make regular monthly profits with a very simple strategy. When the first MA crosses the second MA upwards, a long position is opened. For this, the price must be above the Trend MA level. In the opposite case: when the price is below the trend MA level, the first MA crosses the second MA...
This Pine Script strategy is designed to identify and capitalize on upward trends in the market using the Average True Range (ATR) as a core component of the analysis. The script provides the following features: Customizable ATR Calculation: Users can switch between different methods of ATR calculation (traditional or simple moving average). Adjustable...
TechniTrend: Strong Candles Detector Description: The TechniTrend: Strong Candles Detector indicator is designed to identify strong candlestick patterns based on customizable thresholds of candle strength, volume, and price volatility. By detecting significant candles that have a high proportion of body relative to total range, the indicator helps traders...
Bollinger Bands ForLoop OVERVIEW BB ForLoop is an improved version of Bollinger Bands it is designed to calculate an array of values 1 or -1 depending if soruce for calculations is above or below basis. It takes avereage of values over a range of lengths, providing trend signals smothed based on various moving averages in order to get rid of noise. It offers...
### Strategy Description: ADX and Volume-Based Trading Strategy This strategy is designed to identify strong market trends using the **Average Directional Index (ADX)** and confirm trading signals with **Volume**. The idea behind the strategy is to enter trades only when the market shows a strong trend (as indicated by ADX) and when the price movement is...
The "Swing Points" indicator is designed to help identify key swing points, trends, and potential support and resistance areas on a trading chart. This indicator overlays on the price chart and offers several features for enhanced market analysis. Swing Point Identification: The indicator identifies swing highs and lows (pivot points) over a user-defined...
This Pine Script code is designed to plot the high, close, and low prices at exactly 9:31 AM on any timeframe chart. Here's a breakdown of what the script does: Inputs Define the start time of the trading day (default: 9:30 AM) Define the end time of the trading day (default: 4:00 PM) Toggle to display daily open and close lines (default: true) Toggle to extend...
#### Key Features 1. Potential Divergence Signals: Potential divergences can signal a change in price movement before it occurs. This indicator identifies potential divergences instead of waiting for full confirmation, allowing it to detect signs of divergence earlier than traditional methods. This provides more flexible entry points and can act as a broader...
### **Adaptive Trend Strength Index (ATSI): Trend Detection Tool** --- ### Introduction The **Adaptive Trend Strength Index (ATSI)** is a state-of-the-art indicator designed to offer traders an unparalleled view into market trends. By combining the principles of adaptive trend analysis with advanced volatility filtering, ATSI provides a powerful and visually...
Candle-Based Trend Reversal (Multi-Timeframe) Description: This indicator is designed to help traders identify potential trend reversals by analyzing candle patterns across multiple timeframes. The script uses two sets of conditions to determine bullish and bearish trends: 1. Short-Term Lookback: A shorter lookback period is used to detect initial signs of...
Nifty 50 Heatmap by Percentage Change This Pine Script generates a dynamic heatmap for the top 40 weighted stocks in the Nifty 50 index, ordered by their percentage change. The heatmap visually represents the performance of these stocks, with green indicating positive changes and red indicating negative changes. Features : Real-time Updates : The heatmap...
1. *Indicators Used*: - *Exponential Moving Averages (EMAs)*: Two EMAs (20-period and 50-period) are used to identify the trend direction and potential entry points based on crossovers. - *Relative Strength Index (RSI)*: A momentum oscillator that measures the speed and change of price movements. It identifies overbought and oversold conditions. -...
Sector Performance Dashboard v0.3 (Work In Progress) - Provides a comprehensive view of sector and stock performance across multiple timeframes Features: - Displays performance data for various Indian market sectors and their constituent stocks - Allows selection of different sector groups (e.g., NIFTY, BANKNIFTY, CNXAUTO, etc.) - Shows performance over...
This script is Historical Fed Interest rate The data is between 1991 - 2023 , but for some reason data between 1991 - 10/2001 is not work Green line for rate cut and Red line for rate hike and detail at the label
Grandfather-Father-Son RSI Buy and Sell Indicator This script identifies buy and sell opportunities by combining RSI values across multiple timeframes to capture market trends and reversals. The "Grandfather-Father-Son" concept breaks down RSI analysis into three key timeframes: Grandfather (Monthly): Represents the long-term trend, helping to filter trades that...
Expanding Volume Range with Anchored VWAP Indicator Summary This Pine Script indicator is designed for intraday trading, particularly for timeframes of 60 minutes or less. It combines several technical analysis concepts to provide traders with a comprehensive view of price action, volume, and potential support/resistance levels. ## Key Features 1. **Anchored...