Mastering Risk Management Risk management is the cornerstone of successful trading, and it's often the difference between turning a profit and suffering a loss. In light of its importance, I share a risk management tool which you can use for your trading strategies. The script not only assists in position sizing but also comes with built-in technical features...
This indicator visualizes the cumulative percentage changes or returns of 30 symbols over a given period and offers a unique set of tools and data analytics for deeper insight into the performance of different assets. Multi Asset Performance indicator (also called “Spaghetti”) makes it easy to monitor the changes in Price, Open Interest, and On Balance Volume...
█ OVERVIEW "Financial / Fundamental Comparison on chart" is a fundamental comparison indicator that helps investor visually compare different financial data and compare other company data. This indicator allows users to select 222 financial data at will and display the differences between them on the chart through bar charts and numerical values. Users can also...
The "CCI RSI Trading Signal" indicator combines the Commodity Channel Index (CCI) and Relative Strength Index (RSI) to provide buy and sell signals for trading. The CCI identifies potential trend reversals, while the RSI helps confirm overbought and oversold conditions. How It Works: The indicator generates a buy signal when the CCI crosses above -100 (indicating...
Only shows closed candles ( You must turn off normal candles first by right clicking on the candles , going to setting , and turning borders , bodies , and wicks off
This Personal Trading Hours indicator is intended to specify the times you can trade and make them visible on the chart. Multiple sessions can be specified per specific day of the week and you can give each day its own color if you want. This can be used perfectly if you are backtesting your strategy manually. You can indicate exactly when you have time to look...
Normal Distribution Asymmetry & Volatility Zones Indicator provides insights into the skewness of a price distribution and identifies potential volatility zones in the market. The indicator calculates the skewness coefficient, indicating the asymmetry of the price distribution, and combines it with a measure of volatility to define buy and sell zones. The key...
The "Pro Bollinger Bands Calculator" indicator joins our suite of custom trading tools, which includes the "Pro Supertrend Calculator", the "Pro RSI Calculator" and the "Pro Momentum Calculator." Expanding on this series, the "Pro Bollinger Bands Calculator" is tailored to offer traders deeper insights into market dynamics by harnessing the power of the Bollinger...
The indicator RSI + Divergences + Alerts by MisterMoTA is an RSI indicator that fills the RSI and RSI moving average with 4 different colors (growing up, falling up, falling down and rising down colors), users can customize colors from dashboard , also can be disabled the fill if the user want a standard RSI. The dafault value of RSI is 14 and value of the...
Visualize two of your favorite moving averages in a fun new way. This script calculates the distance (or difference) between the price and two moving averages of your choosing and then creates two histograms. The two histograms are plotted inversely, so if the price is over both moving averages, one will be positive above the centerline while the other still...
The 'MarketSmith Volumes' is to be used with the 'MarketSmith Indicator' and 'EPS & Sales' in order to mimic fully MarketSmith Graphs with the maximum number of indicators allowed by a free Tradingview Plan: 3 This indicator is no more than a simple volume indicator where all parameters are already adjusted to resemble MarketSmith graphical volumes. Also you...
The Sideways Market Identifier (SMI Indicator) aims to identify when the market is trading in a sideways pattern. This is particularly useful for traders who specialize in range-bound strategies or those looking to avoid trading in choppy market conditions. The indicator changes the background and the color of the candles to grey when the conditions for a sideways...
Indicator: Momentum Eruption , using momentum to capture swing trading. ⏩Principle overview: The core of Momentum Eruption is divided into two parts. One is to identify the trend direction. This is relatively clear. It is usually more effective to identify the direction through moving averages such as SMA or EMA. The second is to identify trading...
Large entity and whales are always smart, they hide in the market to make money. Learning how they operate, we will become smarter. How to distinguish the structure of participants, find the large entities or giant whales, this is a difficult problem. Indicators: Whale Trend Analysis , using AI algorithms to find them. ⏩Principle overview: The core of Whale...
The "Pro RSI Calculator" indicator is the latest addition to a series of custom trading tools that includes the "Pro Supertrend Calculator" and the "Pro Momentum Calculator." Building upon this series, the "Pro RSI Calculator" is designed to provide traders with further insights into market trends by leveraging the Relative Strength Index (RSI) indicator. Its...
Draws trend lines based on highs and lows. It also calculates averages of these trend lines. This helps you give an indication of the trend. It also calculates a mean moving average for better analysis.
Hello! This script "The Next Pivot" uses various similarity measures to compare historical price sequences to the current price sequence! Features Find the most similar price sequence up to 100 bars from the current bar Forecast price path up to 250 bars Forecast ZigZag up to 250 bars Spearmen Pearson Absolute Difference Cosine Similarity Mean...
█ OVERVIEW This script is an indicator that plots short, medium and long moving averages for multiple fractals. This script was based on sharks EMAs by rlvs indicator, that plots multiple rays for each fractals into the chart. The main feature of this indicator is the customizability. The calculation itself is simple as moving average. █ MOTIVATION The...