This is a modified version of the Relative Strength Indicator (No confusion with RSI) originally by in.tradingview.com/u/modhelius/ based on The indicator calculates the relative strength between a selected stock and a comparative symbol (typically a market index like NSE:NIFTY). Relative strength (RS) compares the performance of two assets, typically a stock...
Short Description: This indicator combines a Custom Bias Oscillator (CBO) with its Divergence Histogram and computes their average for use to assess the market's bias based on candlestick analysis, from the aforementioned CBO indicator. Full Description: Overview: This indicator integrates two powerful analytical tools into a single script: a Custom Bias...
This indicator, titled "Super Technical Ratings," is designed to provide a multi-timeframe technical analysis based on Moving Averages (MAs) and Oscillators. It offers a comprehensive view by evaluating the strength of buy and sell signals across multiple timeframes, displaying these evaluations both visually on the chart and in a table format. I know that...
The "3-Criteria Strategy" is a simple yet effective trading strategy based on three criteria: 200-Day Moving Average: The first criterion checks whether the current price is above or below the 200-day moving average (SMA). A price above the 200-day line is considered bullish (thumbs up), while a price below is considered bearish (thumbs down). 5-Day...
This indicator is designed to observe market concentration and overall valuation by combining the Shiller CAPE Ratio with the SP100/SP400 ratio. Blue Line: Represents the Shiller CAPE Ratio, which reflects the overall market valuation. Yellow Line: Represents the SP100/SP400 ratio, which indicates market concentration. The combination of these two metrics...
Title: Close Price - EMA Percentage Difference Indicator Description: The Close Price - EMA Percentage Difference Indicator is an essential tool designed to calculate and display the percentage difference between the closing price of a security and its Exponential Moving Average (EMA). This indicator is particularly useful for traders and analysts who want to...
This is a simple indicator that gives the maximum range of any bar on the chart in ticks. I found it useful when sizing arrays and it might also be valuable when working out risk parameters.
Shifted EMA Indicator for TradingView The Shifted EMA indicator is a customized technical analysis tool designed for TradingView's Pine Script version 5. This indicator plots the Exponential Moving Average (EMA) of a specified length along with its upper and lower shifted counterparts. The shifts allow traders to visualize price movements relative to dynamically...
The "MVSF 6.0 " indicator, which stands for Multi-Variable Strategy Framework, overlays on price charts to aid in trading decisions. It combines various moving averages and volume data to generate buy and sell signals based on predefined conditions. Key features of the indicator include: Moving Averages: It uses three exponential moving averages (EMAs) with...
Supertrend (Buy/Sell) with TP & SL: An Enhanced Trading Tool This Pine Script indicator combines the popular Supertrend indicator with multiple take-profit (TP) and stop-loss (SL) levels, providing traders with a comprehensive visual aid for potential entries, exits, and risk management. Originality Buffer Zones for Precision: Instead of relying solely on the...
This indicator offers a quick view of essential trading parameters in a customizable table format. The table displays key metrics such as daily volume, average volume over a chosen period, volatility (normalized ATR), correlation coefficient, and funding rate, all of which can be tailored to your preferences. You can also adjust the table's appearance, style,...
This indicator simply plots how much bars are available to the user in the respective chart. For Example if plot shows 5000 , therefore you have total 5000 bars of OHLC available.
### Summary: How to Use the Price Oscillator with EMA Indicator The **Price Oscillator with EMA** is a custom technical analysis tool designed to help traders identify potential buying and selling opportunities based on price momentum. Here's how to use it: 1. **Understanding the Oscillator**: - The oscillator is calculated by normalizing the current price...
Not sure to call it as willspread or not, because i take this idea from Larry William's original willspread indicator and did some modifications which found out to be more effective in my opinion, which is by subtracting 21 and 3 ma, this indicator is found on Trade_Stocks_and_Commodities_With_the_Insiders page155. Feel free to find out. Here's what I modified,...
What is this indicator - This indicator is color coded for showing the opening range of the market. Ideally to be used with 5min, 10min or 15mins. Any candles that has its high / low within the opening range - the candle will be highlighted in RED. How to use this indicator - For beginners, this indicator is useful to determine the trend based on open. If the...
NEXT BAR Percentages Indicator This Pine Script code implements the "NEXT BAR Percentages" indicator, designed to analyze and display percentage changes between consecutive bars on a TradingView chart. The script provides valuable insights into how percentage changes in price behave after significant price movements, aiding traders in identifying potential...
This script is designed to create a TradingView indicator called **"Normalized and Smoothed Cumulative Delta for Top 5 NASDAQ Stocks."** The purpose of this indicator is to track and visualize the cumulative price delta (the change in price from one period to the next) for the top five NASDAQ stocks: Apple Inc. (AAPL), Microsoft Corporation (MSFT), Alphabet Inc....
Overview This simple script generates alerts based on the difference between the previous trading day's VIX close and the current trading day's opening bar. It is designed for use on the TVC version of the VIX chart, with 1-minute bars. Features The script flags one of four conditions based on the difference between the previous day's close and the...