Bull / Bear Market Regime Instructions: - A simple risk on or risk off indicator based on CBOE's Implied Correlation and VIX to highlight and indicate Bull / Bear Markets. To be used with the S&P500 index as that's the source from where the CBOE calculates and measures implied volatility & implied correlation. Can also be used with the other indices such as:...
It shows the range of the Last and Previous Candle. It helps to measure your stop loss based on previous candle.
I know there are many global liquidity indicators out there similar to this one. This one just adds a little bit of more options for visualize different central banks and either stack data, see year over year changes, or visualize separate unstacked data.
# What's this script? I created this because I wanted to compare the Earnings/Dividend yield of SP500 and the symbol with the time period of the chart. Plot the following yields. Earnings Yield of S&P500. Calculated using S&P 500 Earnings by Month provided by Nasdaq date link. (data.nasdaq.com) Dividend Yield of S&P500. Calculated using S&P 500...
The Global Yield Spread is a simple indicator that can help to identify economic wellbeing and thus allows traders and investors alike to derive a rough estimation onto where the market is likely to go. ---------- Please note that things like Yield Spread generally influence the market only over longer time horizons of a couple weeks to many months. Also be aware...
Flag Finder Indicator is a technical analysis tool to identify bull and bear flags. What are flags Flags are continuation patterns that occur within the general trend of the security. A bull flag represents a temporary pause or consolidation before price resumes it's upward movement, while a bear flag occurs before price continues its downward movement....
Example method of how to use an input text area to import, offset, and plot CSV data using an array. Note that when using this method there is a limit of 4096 total characters per input. For working with data sets larger than 4096 total characters an alternative method of pasting CSV data directly within the script can be seen below : NOTICE: This is an...
The "Order Block & Fractal Zones (OBFZ) Indicator." indicator is a technical analysis tool designed to identify and display key price levels on a chart. It utilizes the concept of Order Blocks and the Fractal Value Zone (FVG) to highlight potential support and resistance areas in the market. The indicator marks bearish and bullish Order Blocks, which are...
The ICT Silver Bullet indicator is inspired from the lectures of "The Inner Circle Trader" (ICT) and highlights the Silver Bullet (SB) window which is a specific 1-hour interval where a Fair Value Gap (FVG) pattern can be formed. When a FVG is formed during the Silver Bullet window, Support & Resistance lines will be drawn at the end of the SB session. ...
The 𝓜𝓪𝓻𝓴𝓮𝓽 𝓟𝓮𝓻𝓯𝓸𝓻𝓶𝓪𝓷𝓬𝓮 𝓣𝓪𝓫𝓵𝓮 is a sophisticated market tool designed to provide valuable insights into the current market trends and the approximate current position in the Macroeconomic Regime. Furthermore the 𝓜𝓪𝓻𝓴𝓮𝓽 𝓟𝓮𝓻𝓯𝓸𝓻𝓶𝓪𝓷𝓬𝓮 𝓣𝓪𝓫𝓵𝓮 provides the Correlation Implied Trend for the Asset on the Chart. Lastly it provides information about current "RISK ON" or...
The Relative Strength (RS) line is something many investors are familiar with. It is used to measure a stocks performance versus the S&P 500 and is typically calculated by dividing the closing price of the stock by the closing price of the S&P. This means if a stock moves up and the S&P moves down or the stock moves up more than the S&P the RS line will increase,...
I have created this indicator because I was in a need of simple indication of personal session time for my backtesting while practicing intraday Futures trading. How it works: 1. Define your timezone. 2. Set Trading session start/end time. 3. Choose the colour you want to see your intraday session in. Actual result: Your selected session is displayed with...
This mimics the built in watermark feature, but adds the ability to change location as well as see an equities sector and industry group.
The Mark Minervini Trend Template Indicator is a powerful tool designed to identify potential trends in the stock market. Based on the renowned trading methodology developed by Mark Minervini, this indicator incorporates several key criteria to assist traders in making informed decisions. The indicator checks the following criteria: - Price above 50-day Moving...
The script plots the High/Low of the following trading sessions: London - 02:00-05:00 NY AM - 09:30-12:00 New York Lunch - 12:00-13:30 New York PM - 13:30-16:00 Due to the high level of liquidity (resting orders), highs and lows of these sessions may be used as buy/sell areas and also as profit target areas. Typically, buy orders would be initiated below a...
This script prints Green Dots and Red Dots on candle close using Faster EMA ( 5 ) and Slower EMA (10 ) filtering with RSI (50)+ Stochastic %K ( 20 to 80 ) Smoothning(3). The idea behind is to you use dots for scalping on smaller timeframe(5) ,(10) etc but you can modify all values to better fit your needs. Explaination for Green Dots and Red Dots: ---> Green...
Banana RSI is not just ap-PEAL-ing to the eyes! This simple little indicator provides a New Approach to determining Overbought and Oversold levels, as well as taking advantage of a non-typical smoothing method for this type of indicator. Banana RSI uses a Cumulative High and Low Average to draw the upper, lower, and midline. The High and Low Averages use the...
Designed with the help of TTrades and with inspiration from the ICT Everything indicator by coldbrewrosh, the purpose of this script is to identify ICT Killzones while also storing their highs and lows for future reference, until traded through. There are 5 Killzones / sessions whose times and labels can all be changed to one's liking. Some prefer slight...