Market: Stocks and ETF's This overlay shows the deviation of the exponential moving average of the mid candle price of the currently loaded chart, away from the exponential moving average of the S&P and DOW combined and averaged mid candle price. The top and bottom lines also give a visual perspective of what a certain percentage (default 1%) looks like on the...
This script allows you to compare the percentage-based change in the price of any two securities on any given (and supported) timeframe on the chart. This can give you a very simple way to compare any two securities against one another. Ex: If your base security gained 5%, and the other security gained 3% in a single day, the change comparison would show a green...
This indicator is to be used only by the values it gives back, don't use the lines . In "current week days" choose number of days that already BEGAN this week (ex. on Wednesday type 3) Green1 - Current Daily Range Orange1 - Average Daily Range Green2 - Current Weekly Range Red1 - Average Weekly Range Orange2 - Today's price movement compared to the average...
This script displays relative data changes occurring in the adjustable period and/or adaptive automatic period in U.S Dollar based Major Cryptocurrencies. This script was inspired by the data terminals used by commercial traders. Period selection can be set in the menu. This script uses the adaptive period algorithm used by Autonomous LSTM and Relativity...
Although dramatic increases in volume can accurately reflect the sentiment of changes in price, small changes do as well. Think of it this way. Every share sold or purchased is a vote for or against the current price action. If the price has gone up today and the volume also went up, compared to the previous days volume, the votes of the majority of the traders...
Compares BTC volume vs USD volume overtime Best used on 4hr timeframe. Not really some crazy alpha but good overview/statistic to keep track of. (make sure to use on XBTUSD pair since it isnt using security calls to call the data) Enjoy!
This chart will allow you to compare the volatility of correlation of any other instrument to your current chart. When the comparison coin is selected, it will overlay your current bars with additional information that shows up/down correlation to your master chart as well the volatility of that correlation. This can be used to compare other coins to BTC for a...
This script allows you to input 2 different coins and plot % changes against each other. Look Back is adjustable to account for different time frame windows. Default is 1, so each line will be graphed on a 1:1 ratio with the candle period selected on the chart. raising this number to 24 will plot the change across every 24 candles and so on. It's pretty...
Simple comparison of stochastic based on price versus stochastic based on RSI. Plan to add more features later like divergence indications, light/dark mode toggle, etc.
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...
This will plot your choice of OHLC (or any of the averaging choices) of the current candle compared to the previous candle. For example if you choose "high" for the input and set the chart to daily, you'll see the currently daily high vs the previous daily high. Green candle represent a higher high and the length of the candle represents how much higher. Red...
Adjust time, length, visibility, colour. SMA and EMA can use different time resolution. This is version 1 aka work in progress.
Easy to use RSI and Stoch Setting Menu has an option to toggle the RSI and Stoch ON and OFF for your own preference. Great for reducing clutter when comparing oscillators, while giving the ease of use to just click the toggle option instead of having to find and reset your indicator settings. Colour schemes adjustable in Settings Menu for personal taste.
A multitool to find seasonal effects and components in your time series. Seasonality is one of most frequently used statistical patterns to improve the accuracy of demand forecasts. To learn more about seasonality see: en.wikipedia.org www.investopedia.com Features Ability to see up to 16 period lines 33 metric types Metrics...
Kendall Rank Correlation Coefficient script. This way to measure the ordinal association between two measured quantities described by Maurice Kendall (1938, Biometrika, 30 (1–2): 81–89, "A New Measure of Rank Correlation"). In this script I compare Kendall Coefficient and Pearson Coefficient (using built-in "correlation" function).
When running MACD, it can be useful to compare the value of the MA difference to other values. In other words, is a particular stock or futures contract at a more extreme MACD value than another. This can be done by dividing by the price, however, that doesn't adjust for volatility differences. Using ATR, one can adjust for price and volatility at the same...
I compared custom median (using the sorting solution by @apozdnyakov) with built-in median (using percentile_nearest_rank function) If you see the zero line this means the solutions give the same results. The best results was achieved on the odd lengths. Conclusions: 1) Do not try to reinvent the wheel. 2) Always check the Pine Script docs to find already...