Balance of Power Indicator ⚖️ The Balance of Power Indicator is a visual tool that illustrates the power dynamics between buyers and sellers by analyzing recent price action. Instead of providing direct buy or sell signals, this indicator shows how the tilt of a symbolic scale reflects the relative strength of both parties. The calculation is based on the...
SYNOPSIS Automatically generates a Fibonacci Retracement anchored to the candle of your choosing. As price moves further away from the anchor point, the fib levels automatically adjust to represent the entirety of the move. BULLISH VS. BEARISH It automatically detects if the Fibonacci Retracement should be drawn from the low or high of the anchored candle by...
The Risk On/Risk Off Williams %R indicator is a technical analysis tool designed to gauge market sentiment by comparing the performance of risk-on and risk-off assets. This indicator combines the Williams %R, a momentum oscillator, with a composite index derived from various financial assets to determine the prevailing market risk sentiment. Components: ...
Percentage Change Indicator This indicator calculates and displays the percentage change between the current close price and the previous close price. It provides a clear visual representation of price movements, helping traders quickly identify significant changes in the market. ## Formula The percentage change is calculated using the following...
It forces the Open indicator to use the candlestick open values. For example, if you need to use a Heikin-Ashi chart with the Open indicator based on regular candlestick data, this indicator will ensure it does not change.
The Prometheus Volatility Stop is an indicator designed to give you a moving risk metric along with a custom Moving Average cross. After a calculation of the annualized volatility for the specified lookback period we determine bullish or bearish from the moving averages and plot the Volatility Stop accordingly. User Input: A user can select from Hull Moving...
This script makes use of historical data for finding the standard deviation on daily returns. Based on the mean and standard deviation, the upper and lower range for the stock is shown upto 2x standard deviation. These bounds can be treated as volatility range for the next n trading sessions. This volatility is based on historical data. Users can change the...
Publishing one of the simplest yet one of my favorite concepts. Had to publish since I didn't really find any script for this on TV. VWAP slope. This is nothing fancy because it's just calculating "slope" with a very basic level formula vwap_slope = (vwap - vwap ) / length Above zero line, it's positive zone. Below zero line, it's a negative zone. The idea is...
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...
Enhancing Password Security with Pine Script: A Deep Dive into Brute-Force Attack Prevention 1. Introduction: The Importance of Password Security Why Password Security Matters: In today’s digital age, protecting sensitive information through strong passwords is vital. Weak passwords are vulnerable to brute-force attacks, where attackers try every possible...
## Uptrick: Price Exaggerator ** Purpose and Overview **: The "Uptrick: Price Exaggerator" is an innovative Pine Script™ indicator that provides traders with a unique way to visualize potential price extremes. Unlike traditional indicators that focus on historical price data or statistical patterns, this script applies dynamic multipliers to the asset’s...
المؤشر الشامل متعدد المؤشرات هو أداة تحليل فني متقدمة تجمع بين مجموعة من المؤشرات الفنية الشائعة في مؤشر واحد، مما يتيح لك تخصيص التحليل الفني الخاص بك بسهولة ومرونة. الميزات الرئيسية للمؤشر: تفعيل أو تعطيل المؤشرات التالية حسب رغبتك: المتوسط المتحرك البسيط (SMA) المتوسط المتحرك الأسي (EMA) مؤشر القوة النسبية (RSI) مؤشر الماكد (MACD) مؤشر الستوكاستيك...
Cumulative volume delta. Indicator of difference between market buys vs market sells
Custom Time Range Highlighter This versatile indicator allows traders to highlight specific time ranges on their charts, accommodating users worldwide by supporting customizable UTC offsets. Traders can define two distinct time ranges, setting start and end hours in their local time zone. A toggle option enables the display of highlights for today only...
Overview: The Relative Volume Zone + Smart Order Flow with Dynamic S/R indicator is designed to help traders identify key trading opportunities by combining multiple technical components. This script integrates relative volume analysis, order flow detection, VWAP, RSI filtering, and dynamic support and resistance levels to offer a comprehensive view of the market...
MTF Analysis - Multi-Timeframe TradingView Script Overview: The "MTF Analysis" script provides a comprehensive approach to analyzing price trends across daily, weekly, and monthly timeframes using linear regression channels. It helps traders identify strong and weak bullish or bearish conditions based on the relationship between the current price and regression...
An indicator that calculates click (price change), percentage change, and Z-score changes while displaying outliers based on defined ranges. Outlier Detection: Mark outliers (for price, percentage, Z-score) based on user-defined thresholds. For example, any price movement exceeding a certain Z-score or percentage change could be marked as an outlier and...
This indicator shows the vertical and horizontal opening lines for the hourly timeframe. Also has options to choose a different opening time: - 1 Hour - 30 Min - 15 Min - 10 Min - 5 Min