This indicator shades the background of each candle based on the strength off the current TICK.US chart. User can define the strength levels, which are by default set to 1-299 (lightest), 300-599, and 600+ (darkest). Best used on lower timeframe charts to help identify whether or not to remain in a trend, or if a trend is possibly reversing when you start to see...
This indicator gives the user an easy way to check the conditions of the market. Up market should be good for breakout traders. Down market should be good for breakdown shortsellers The others should be good for pullback buyers. This script automaticlly check which index should be used for the depending on which ticker is view. If no match is found indicator will...
Hello, everyone! Today I want to present my new script, which I hope will help not only me! I'm sure that many people, like me, went through such a stage as "building their strategy". This is when you sit and test on the history how you would enter or exit a trade. Recently I was doing the same thing and realized that my "tests" involve night time, when in...
1.0 -> Changes the Background Based on the Color of the Latest Candle
this indicator serves to differentiate the classic type Line and source of Alligator There are the classic inputs for the 3 lines ( Jaw , Teeth and Lips ) in addition to the choice of the normal source and the type of line, the choices are: SMA = Simple moving average EMA = Exponential moving average WMA = Weighted moving average RMA = ...
This simple script was written for studying recurring intraday behaviours of financial instruments. With it, you can highlight up to 13 customizable time ranges on your chart, filling the corresponding background space with colors you prefer. You can then write a note for each range and it will be shown in the optional related table. The experience shows that...
This script provides up to 5 zones to apply background colors. This is especially useful for applying to indices such as USI:TICK , USI:ADD , and USI:VOLD , where certain levels provides significant meaning to market sentiment and directions. This script will give you the visual cue to help with your trading. All levels and colors are fully...
In the 24-hour trading of the futures market, this indicator provides the user with full customization concerning the most important factor: time. This indicator is centered around three main visualizations: labels, backgrounds, and lines that minimalistically allows the user to keep track of the many time intervals that occur during a futures market 24-hour...
The 4C ATR Threshold is a simple indicator that paints the chart background red when the ATR goes below the user defined ATR minimum. Some trading setups have specific criteria that require a minimum ATR on a certain timeframe for the instrument to be playable. The painting of the chart background based on the ATR value is useful as a quick visual reference....
Library "Colors" This Library delivers Hex Codes of Colors frequently used in indicators and strategies. v3(colorName) Collection: Pinescript v3 Colors. Parameters: colorName : Color Name. Returns: Hex code of the inquired color. v4(colorName) Collection: Pinescript v4 Colors. Parameters: colorName : Color Name. Returns: Hex code of the...
Description This indicator creates vertical background bands of larger timeframes when viewing lower timeframes so the trader can keep track of the larger timeframes when they are zoomed in on lower timeframes. This script displays hourly and weekly backgrounds. When the timeframe is thirty minutes or lower, hourly backgrounds are displayed. When the timeframe is...
Many Assets, especially Commodities , have patterns of seasonality: Periods in the year when they have shown a greater tendency to rise or a greater tendency to fall. The Seasonality of an asset is based on historical data (20yrs+): Specific asset seasonality charts can be found via an online search. This is a simple tool that allows users to highlight and color...
TradePro Parabolic SAR Background This indicator is a small tribute to youtuber TradePro The operation is simple. It is the same Parabolic SAR indicator with its default configuration, but in background format. It is a new way to visualize the same information, more understandably. It is in itself a complete trading system, it can be used in conjunction with...
Yet another sweet little tool that highlights only specific days and time. For example, you can highlight only Tuesday's and Friday's from 0930-1600 You can adjust to any day of the week and any time of the day. You can request more improvements upon this version. Cheers! Like if you Like and Follow me for upcoming indicators/strategies: www.tradingview.com
Hello Traders, this is a very simple script. It paints the background color based on the close price in reference to an exponential moving average. If the close is above the EMA the background color will be green. If the close is under the EMA the background color will be red. You can adjust colors and the EMA period by yourself. This little indicator...
This is my "Weekly/Daily/Hourly/Minutes Colored Background Intervals" assistant. I wouldn't describe it as an indicator, it just exhibits coloration of referenced periods of time with bgcolor() in Pine. With the arrival of 2021, I pondered the necessity of needing a visualization pre-2021 to visually recognize periodicity of market movements by the week, day,...
A simple script which allows the user to highlight the background of a certain session. At the moment there is only one session available, I will work on multiple highlights for numerous sessions at a later date.
A simple script that adds background color to highlight the Institutional Trading Hours during the USA market (8am-4pm Eastern). Timeframes and colors can be modified as needed.