The Monte Carlo Shuffled Projection tool randomly simulates future price points based on historical bar movements made within a user-selected window. The tool shows potential paths price might take in the future, as well as highlighting potential support/resistance levels. Note that simulations and their resulting elements are subject to slight changes over...
Overview This script is a dynamic form of support and resistance. Support and resistance plots areas where price commonly reverses its direction or “pivots”. A resistance line for instance is typically found by locating a price point where multiple high pivots occur. A high pivot is where a price increases for a number of bars then decreases for a number of bars...
The Long-Term Trend Detector is a powerful tool designed to identify sustainable trends in price movements, offering significant advantages for traders and investors. Key Benefits: 1. Projection Confidence: This indicator leverages Pearson's R, a statistical measure that indicates the strength of the linear relationship between price and trend projection. A...
Hi everyone, this will be my first published script on Tradingview, maybe more to come. For quite some time I have been looking for a script that performs no matter if price goes up or down or sideways. I believe this strategy comes pretty close to that. Although nowhere near the so called "buy&hold equity" of BTC, it has produced consistent profits even when...
Simple Power Law Indicator for Kaspa with addition of adjustable bands above and below the Power Law Price. Best used on Logarithmic view on Daily Time Frame.
Description: Hello, this indicator is designed to optimize spot trading in the cryptocurrency market. Specifically tailored for spot trading, it excludes options and focuses solely on direct asset exchange and holding. The main goal is to enhance trade execution and money management by dividing the capital into 14 equal parts and operating with two full cycles at...
Linear Regression Intercept (LRI) is a statistical method used to forecast future values based on past data. Financial markets frequently employ it to identify the underlying trend and determine when prices are overextended. Linear regression utilizes the least squares method to create a trendline by minimizing the distance between observed price data and the...
Description: This Pine Script tool is specifically crafted for in-depth technical analysis, integrating a logarithmic regression trendline with standard deviation (STDV) channel bands and the R-squared coefficient of determination. This sophisticated tool is tailored to provide a nuanced perspective on trend dynamics and volatility, particularly suitable for...
This is the Bitcoin Risk Metric. Inspired by many power law analysts, this script assigns a risk value to the price of Bitcoin. The model uses regression of 'fair value' data to assign risk values and residual analysis to account for diminishing returns as time goes on. This indicator is for long-term investors looking to maximise their returns by highlighting...
This Pine Script indicator is designed to perform multiple non-linear regression analysis using four independent variables: close, open, high, and low prices. Here's a breakdown of its components and functionalities: Inputs: Users can adjust several parameters: Normalization Data Length: Length of data used for normalization. Learning Rate: Rate at which...
MomentumQ Sniper Indicator The MomentumQ Sniper is an advanced Tool, designed to provide traders with multi-dimensional market insights. This indicator integrates the Moving Average Reversal Indicator (MARI), Price Countdown logic for reversal detection, and the Nadaraya-Watson Envelope (NWE) for identifying overbought and oversold conditions. Features: ...
Cryptocurrency Scalping Strategy for 1m Timeframe Introduction: Welcome to our cutting-edge cryptocurrency scalping strategy tailored specifically for the 1-minute timeframe. By combining three MACD indicators with different parameters and averaging them, along with applying RSI, we've developed a highly effective strategy for maximizing profits in the...
The indicator provides a nuanced view of sector performance through ETF analysis, focusing on long-term price trends and deviations from these trends to gauge relative strength or weakness. It utilizes a methodical approach to smooth out ETF price data and then applies a regression analysis to pinpoint the primary trend direction. By examining how far the current...
The Sector ETF Macro Trend indicator is designed for technical analysis of broad economic trends through sector-specific exchange-traded funds (ETFs). It uses logarithmic price transformation, linear regression, and volatility analysis to examine sector trends and stability, providing a technical basis for analytical assessment. Core Analysis Techniques ...
The SheTrade indicator calculates pivot points based on the highest and lowest prices for a certain number of bars. These pivot points are then used to calculate support and resistance levels, which are displayed on the chart as horizontal lines. The indicator also includes an additional function to indicate reference points and support/resistance levels, which...
Custom Swing Index - Unleashing Precision in Trend Analysis 🌟 Overview: The Custom Swing Index is a meticulously crafted tool that empowers traders with advanced insights into market dynamics, specifically focusing on identifying potential trend reversals. Developed by AstroHub, this indicator stands out for its unique combination of price-related...
The Rolling Linear Regression Trendline is a sophisticated technical analysis tool designed to offer traders a dynamic view of market trends over a selectable period. This indicator employs linear regression to calculate and plot a trendline that best fits the closing prices within a specified window, either defined by a number of bars or a set period in days,...
Hello everyone, As promised, here is the strategy companion to the RPPI Futures & Indicies Indicator. It contains all of the models of the RPPI but the functionality is all about back-testing the strategy. As such, you cannot use this to run probabilities, run autoregression assessments, or do any of the advanced RPPI features, this is solely to allow you to...