This indicator is best used with the companion Seasonality Trader and Seasonality Trader - Deviations . Plots the daily seasonality average performance profile for any ticker. Each day of the year has a statistical performance. The average of that performance can be extracted using either a simple or exponential approach, which is what this indicator...
This script was written to calculate the correlation coefficient (Adjusted R-Squared) for one dependent and two independent variables.(3-way) Pearson correlation method was used with exponential moving averages as the correlation calculation method. Use your source ( i use "close" generally ) as the dependent variable. Inspired by this article :...
This script holds several useful functions from statistics and machine learning (ML) and takes measurement of a volume weighted distance in order to identify local trends. It attempts at applying ML techniques to time series processing, shows how different distance measures behave and gives you an arsenal of tools for your endeavors. Tested with BTCUSD. REM:...
An utility tool to see month-to-month performance of the asset and to eliminate the need in drawings. It works everywhere but better in use on the daily timeframe.
Multiple Statistics from zigzag: • Price range between swings. • Bar range between swings. returns maximum value, avg value and mean deviation. if you find something missing, please leave a message bellow.
Trend detection for any timeframe. In statistics, the interquartile range, also called the midspread or middle 50%, is a measure of statistical dispersion, being equal to the difference between 75th and 25th percentiles, or between upper and lower quartiles. This script works identical to Interquartile Range, but instead of lines on the median and upper/lower...
This is a statistical moving average. This doesn't calculate the mean but the median of the given range and simply ignores the outliers. Try it yourself... Disclaimer: This is not financial advice Follow me to get notified when i publish new indicators. Trade safe, Atilla
Trend detection for any timeframe. In statistics, the interquartile range, also called the midspread or middle 50%, is a measure of statistical dispersion, being equal to the difference between 75th and 25th percentiles, or between upper and lower quartiles. Inspired by everget's Interquartile Range Bands: Check out everget's scripts here: www.tradingview.com
www.tradingview.com Category is difficult with this one. I chose ROC as the closest as this measures the historical % of a given change amount. This indicator is in a separate panel above or below the main chart. I use it only for Options trading to help with probability reckoning. Use it (at your own risk) and the code freely and please ask any questions, glad...
Computes the partial correlation between 2 symbols while removing the influence of a third. Ex.: Computes the correlation between AAPL and AMZN while removing the influence of SPX.
A utility tool for getting interesting weekdays statistics. Features 26 sources (standard prices, volumes, ranges) Readable and optimized code How to interpret The darker the color, the stronger the weekday dominance Supported sources/metrics open high low close oo2 , (open + previous open) / 2 oh2 , (open +...
The Power Momentum indicator calculates momentum in a different way. The graph may look similar. The important part is the color of the bars. If you set the "Base Line" to "Zero", there are two important things to notice. The orange color when the bars are below the base and the blue color when the bars are above the base. If you set the "Base Line" to "Stats",...
The Path uses a statistical method that I have developed to indicate possible Lows and Highs of the current bar for the selected time frame. You can see the range at the opening of the bar. You can narrow or widen the range by changing the "Range %". What does The Path indicate? The Path uses a statistical method and calculates the limits of the bar. For...
This indicator is meant as a means to assess the significance ("strength") of a Moving Average , in other words how likely it is that price action is going to find support or resistance at the MA. How it works When the high or low of a candle is within the band around the MA defined by the "fuzziness" parameter, the significance of the MA increases...
Shows the Daily, Weekly, Monthly, Quarterly, and Yearly VWAP. Also shows the previous closing VWAP, which is usually very near the HLC3 standard pivot for the previous time frame. i.e. The previous daily VWAP closing price is usually near the current Daily Pivot. Tickers interact well with the previous Daily and Weekly closing VWAP. Enabling the STDEV bands...
// The script is useful to inspect probability: // If previous day closed at lowest price for several days // how often next day would be red bar // As one can see gray lines indicate bars with lowest close. If next bar is green, increment diff_hi, overwise increment diff_lo // Probability is counted as diff_lo / (diff_hi+diff_lo) // One can copy script and...
GEOMETRIC STANDARD DEVIATION BANDS Ver.1 By Ricardo M Arjona @XeL_Arjona DISCLAIMER: The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets. The embedded code and ideas within...
These 3 indicators can be really useful. The usage is fairly straightforward, if you understand price action, having an statistical edge like these provide can be useful. Refer to Tim West's charts to learn more about range expansion bars. The idea for the Atr% and Atr timer come from discussions I had with Yacine Kanoun, props to him for his contribution.