stock gain% vs index gain %This shows the relative strength or weakness of a stock vs an index on any given candle price movement.
Negative stock candle and relative strength shows accumulation
Positive stock candle and relative weakness shows distribution
accumulation will plot an 'A'
distribution will plot a 'D'
Wskaźniki rozpiętości rynku
SHIT35 Alt Index (ROC or Volume) [LucF]SHIT35 is an index of 35 Binance alt/BTC pairs. It provides traders with a more reliable read of BTC pairs price movement than the often uncorrelated USD market cap standard.
Because it must read data coming from 35 markets, SHIT35 is painfully slow and should be kept hidden most of the time. Its features will hopefully seduce traders in using it nonetheless for market analysis.
Features
The Index can be calculated using 4 different modes:
1. Total of instant rate of change for all 35 markets ,
2. Cumulative total of ROCs,
3. Average of ROCs,
4. Plus/Minus volume (an aggregate OBV, if you will).
Select only one of the methods at a time to prevent confusion between modes.
An option allows showing the correlation between the Index as it is configured, and another instrument (CRYPTOCAP:TOTAL2 by default).
Markers can be used to identify abnormal movements in the Index. They are generated using Index exits from Bollinger bands.
The chart shows the Index with, from top to bottom, the default mode with BTC pairs, with USDT pairs, then mode 2 and 4 for BTC pairs.
Index Components
The Index is not weighed. The 35 instruments composing the index all have equivalents in the USDT quote currency on Binance, so you can easily change to those pairs using the Settings. Choosing another exchange or quote currency will require modifications to the list of instruments in the indicator’s code, since if one of the markets cannot be found, the indicator will not work. If the instrument exists but has no history for some bars, zero values will be used for them.
Watchlists
I have created a watchlist for the 35 markets in each of the BTC and USDT quote currencies. To import the watchlists, save the text you’ll find at these links in a file named the way you want your watchlist to be named and import them using the “Import Watchlist…” function.
BTC Watchlist: pastebin.com
USDT Watchlist: pastebin.com
Alerts
You can define alerts on any combination of markers you configure. After defining the markers you want the alert to trigger on, make sure you are on the interval you want the alert to be monitoring at, then create the alert, select the indicator, use the default alert condition and choose your triggering window (usually “Once Per Bar Close”). Once the alert is created, you can change the indicator's inputs with no effect on the alert.
Pivot High Low Pointsby using this script you can find Pivot High-Low Points. This script works like Tradingview pivothigh & pivotlow functions.
If you find my works useful, please consider a donation
BTC: 16XRqyS3Vgh1knAU1tCcruqhUrVm4QWWmR
by LonesomeTheBlue
Crypto McClellan OscillatorMcClellan Oscillator for cryptocurrency, taking into account only the top 40 cryptos.
Original code was by LazyBear.
WT_BTC_Dow Jones_2019[wozdux]Comparison of two trading instruments using the indicator. Visual comparison often does not provide complete information. The scale and amplitude of the fluctuations of the two trading pairs are very different. Therefore, it is better to compare indicators from these pairs. I have used for this purpose, the speed indicator of price movement wt. The red line is the wt indicator from the trading instrument that is in the main window. The blue line is an indicator from the pair, which is written in the indicator settings. In addition, the calculation periods for each pair can be taken as the same or different. Often, trading pairs do not fluctuate synchronously, so it is necessary to select the periods of calculation of the wt indicator individually. In this example, Dow Jones and bitcoin were used.
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Сравнение двух торговых инструментов с помощью индикатора. Визуальное сравнение часто не дает полной информации. Масштаб и амплитуда колебаний двух торговых пар бывают сильно различаются. Поэтому сравнивать лучше индикаторы от данных пар. Я использовала для этой цели индикатор скорости движения цены wt. Красная линия это индикатор wt от того торгового инструмента, который находится в главном окне. Синяя линия это индикатор от пары, которая прописывается в настройках индикатора. Кроме того, периоды вычислений для каждой пары можно брать как одинаковые, так и разные. Часто торговые пары колеблются не синхронно, поэтому стоит подбирать периоды вычислений индикатора WT индивидуально. В данном примере использовался Доу Джонс и биткоин.
Delta longs-shorts. BITFINEX:BTCUSDFor any timeframe. Use for the BTC/USD pair. It is calculated by the formula: longs - shorts. Used data from Bitfinex. To smooth the values, you can use the EMA embedded in the indicator.
52 Week High/Low to YesterdayThis script adds the 52 weeks (one year) high/low to the chart but it wouldn't update the value on the current trading day, so that it would remain at the same level for the whole trading day. It can come really handy for day trading the day of the 52 weeks high/low breakout/breakdown.
McClellan Oscillator [LazyBear ~ modified]The McClellan Oscillator is a market breadth indicator developed by Sherman and Marian McClellan.
It is calculated from Net Advances, which is the number of advancing issues minus the number of declining issues. Subtracting the 39-day exponential moving average of Net Advances from the 19-day exponential moving average of Net Advances forms the oscillator.
The McClellan Oscillator can be traded with breadth thrusts, centerline crossovers and divergences.
The original code was written by LazyBear - I just modified it to add together all advancing and declining issues from all stock exchanges (NYSE + NASDAQ + others), to make it available on the hourly time frame and also add alerts.
Highs & LowsHigh and Lows Script.
For all the price action lovers out there.
Hope you all enjoy.
Thanks
ADVN-DECLAdvancing - Declining issues indicator which you can use for Bitcoin trading if you, like me, believe that cryptocurrency is highly correlated with the activity on the stock exchanges (yes, the PROs are here, we just didn't know it yet)
This indicator is based on showing the data, as much as possible, as it is, and not messing it up by calculating stuff. Calculation should be used to better understand what the data represents, and not to show beatiful things which are, in fact, not present.
You could, for example, take ADVN and DECL, calculate rma() moving averages and make a RSI out of it. The result is very interesting when applied on the daily time frame, but not as useful for trading.
By the way, I recommend enabling this option:
Right click - Settings - Timezones / Sessions
Please check "Extended hours (Intraday Only)"
I could do it in code with the ticker() function, but I'm under the impression that then, free TV users would not be able to use the indicator.