Trading view requires me to add a larger description: Short done by me: Show your holding value at each candlestick Chatgpt: This Pine Script plugin is designed to help traders and investors visualize the current value of their holdings in USD directly on TradingView charts. The plugin calculates the total value of the specified holdings based on the closing...
Choppiness Index (CI) The Choppiness Index is a technical analysis tool used to determine whether a market is trending or consolidating. CI values range between 0 and 100: - Higher values (close to 100) indicate a choppy market (i.e., the market is consolidating and not trending strongly). - Lower values (close to 0) signify a trending market (either up or...
The "Advanced Order Blocks by AccountantX" is tool designed to identify and visualize significant order blocks in the market. This script goes beyond traditional order block detection by integrating advanced features such as volume threshold filtering, ATR-based sizing, and higher timeframe considerations. How It works: A. General data : - Order Block...
Description This Pine Script indicator, named "slope-velocity," calculates and visualizes the slope of a moving average (MA) in degrees, allowing users to observe the rate of change of the MA over time. Here's a breakdown of its components and functionality: Inputs: option: A dropdown menu allowing the user to select the type of moving average (SMA, EMA,...
Candlestick analysis The Indicator "Bar Status" will display the current open candle state and the last three close candles state based on the logic below. Abbreviations. OC = Open Candle (if in no state listed below) FB = False Break BO = Break Out IN = Inside Bar FBR = False Break Reversal Logic: OC = This is the current open candle yet to close. Its status...
The "Dominance Dashboard" is a TradingView indicator designed to provide traders with a clear and concise visual representation of Bitcoin Dominance (BTC.D). This script helps traders monitor BTC.D in real-time, offering insights into market dynamics and potential trading signals based on the changes in Bitcoin's market dominance. Key Features Real-Time BTC...
INTRODUCTION: Volatility enthusiasts, prepare for VICTORY on this day of July 4th, 2024! This is my "Vast Volatility Treasure Trove," intended mostly for educational purposes, yet these functions will also exhibit versatility when combined with other algorithms to garner statistical excellence. Once again, I am now ripping the lid off of Pandora's box... of...
Hello again everyone, This is the Scaled ATR Range indicator. This was done in response to an article/analysis I posted regarding the expected high and range on SPX. I would encourage you to read it here: Essentially, I took SPX data, scaled it to correct for inflation, then calculated the ATR for Bullish years to get our average range to expect and our close...
Descriptions: The MVRV Z-Score indicator is a powerful tool designed by original authors Murad Mahmudov and David Puell for BTC to help traders make informed decisions about their cryptocurrency investments. It is based on the MVRV (Market Value to Realized Value) metric, which measures the relationship between the market capitalization and the realized...
This script combines multiple timeframes for visualizing linear regression channels in a single chart, allowing us to obtain a holistic view of price behavior across different timeframes (5m, 15m, 30m, and 4h). It facilitates the identification of trends and support/resistance levels across various time horizons. This multi-timeframe approach is useful because it...
The Pivot Point Profile indicator groups and displays data accumulated from previous pivot points, providing a comprehensive method for prioritizing and displaying areas of interest directly given by swing highs and lows. Users have access to common settings present in other profile-type indicators. 🔶 USAGE The Pivot Point Profile is particularly helpful...
🔵 Introduction 🟣 Fair Value Gap (FVG) To spot a Fair Value Gap (FVG) on a chart, you need to perform a detailed candle-by-candle analysis. Here’s the process : Focus on Candles with Large Bodies : Identify a candle with a substantial body and examine it alongside the preceding candle. Check Surrounding Candles : The candles immediately before and...
Purpose: This indicator calculates and plots the distance in percentage between the current price and a specified moving average. The distance is displayed in a separate window below the main price chart. Features: Configurable Moving Average Period: You can set the period for the moving average calculation. Multiple Moving Average Methods: The indicator...
Average True Range ( ATR ) is a technical analysis indicator that measures volatility in the market. ATR is a moving average of the true range over a period of time. ATR calculation procedure: 1. Determine the true maximum - this is the highest of the current maximum and yesterday's closing price of the day. 2. Determine the true minimum - this is the...
Scientific Analysis of the Script "RSI Analysis with Statistical Summary" Introduction I observed that there are outliers in the price movement liquidity, and I wanted to understand the RSI value at those points and whether there are any notable patterns. I aimed to analyze this statistically, and this script is the result. Explanation of Key Terms 1....
Hey everyone, Releasing this indicator called groupings. If you watch/read my analyses on Tradingview, you will have heard me talk about groups. Groups is something I invented. What it is, is just taking the Euclidean Distance (ED) of the previous 5 candles in a specified period (i.e. daily timeframe, weekly, 1 minute, 5 minute, etc.) and rounding the ED up to a...
FREQUENCY & VOLUME PROFILE ⚪ OVERVIEW The Frequency and Volume Profile indicator plots a frequency or volume profile based on the visible bars on the chart, providing insights into price levels with significant trading activity. ⚪ USAGE ● Market Structure Analysis: Identify key price levels where significant trading activity occurred, which can act as...
█ Overview The Hourly Trading System (Zeiierman) is designed to enhance your trading by highlighting critical price levels and trends on an hourly basis. This indicator plots the open prices of hourly and 4-hour candles, visualizes retests, displays average price lines, and overlays higher timeframe candlesticks. It is particularly beneficial for intraday...