Summary: The "Gap Trend Lines" script is designed to identify and visualize gaps between the close of one candle and the opening of the next on a TradingView chart. It draws extended trend lines to visually connect these gaps, helping traders to identify significant price movements between consecutive candles. Functionality: Indicator Setup: The script is set as...
The M2 Global Liquidity Index calculates a composite index reflecting the aggregate liquidity provided by the M2 money supply of five major currencies: Chinese Yuan (CNY), US Dollar (USD), Euro (EUR), Japanese Yen (JPY), and British Pound (GBP). The M2 money supply includes cash, checking deposits, and easily convertible near money. By incorporating exchange...
Volume Delta: Volume Delta is an indicator that simplifies how you analyze trading volumes and the percentage of buy-sell activities effortlessly. As a trader or market analyst, understanding underlying volume and trade flows is critical. The Volume Delta indicator provides thorough insight into both the total volume and the percentage of buying versus selling...
This script was written to make it easier to discover three bar reversal patterns. A three bar reversal occurs when these conditions are met: Long Setup (Reversal Up) 1. Bar 1 closes down 2. Low of Bar 2 is below the low of Bar 1 and Bar 3 3. Bar 3 closes above the high of both Bar 1 and Bar 2 Short Setup (Reversal Down) 1. Bar 1 closes up 2. High of Bar 2 is...
The "Nasan Moving Average with Forecast" indicator is a technical analysis forecasting tool that combines the principles of historical data analysis and random walk theory. It calculates a customized moving average (Nasan Moving Average) by integrating price data and statistical measures and projects future price points by generating forecast values within...
The Dynamic EMA Smoothing Indicator with Kernel Selection is a powerful Pine Script indicator for TradingView designed to smooth moving averages and identify market trends more clearly. Here is a detailed description of its functionalities and settings: Main Functions: 1. Time Period Display: - Option to show or hide an info box displaying the current time...
### Weekday Signal Indicator #### Overview The "Weekday Signal " indicator offers a method for triggering entry and exit signals based on specific weekdays and defined trading sessions. This allows traders to tailor their strategies to time slots and days, ensuring strategic execution and optimal trading periods. Additionally, this indicator exposes signals...
Bitcoin ultimate price model: 1. Power Law + 2. Rainbow Narrowing Bands + 3. Halving Cycle Harmonic Wave + 3. Wave bands This powerful tool is designed to help traders of all levels understand and navigate the Bitcoin market. It works exclusively with BTC on any timeframe, but looks best on weekly or daily charts. The indicator provides valuable insights into...
Presentation of the "Percentile Nearest Rank Without Arrays " Indicator The "Percentile Nearest Rank Without Arrays " is a robust trading indicator designed to calculate the percentile value of a specific price within a defined time frame. This indicator provides traders with a visual representation that helps identify market trends and potential turning...
HTF Ascending Triangle aims at detecting ascending triangles using higher time frame data, without repainting nor misalignment issues. Ascending triangles are defined by an horizontal upper trend line and a rising lower trend line. It is a chart pattern used in technical analysis to predict the continuation of an uptrend. This indicator can be useful if you,...
Hey people! Thanks for using Expansion Candles. I designed this tool to help me identify price runs (expansions) based on consecutive bullish or bearish candle closes and then trade continuations on the lower timeframes. Here's what makes it awesome: How Does It Work? An “expansion” is confirmed after multiple closes above the previous candle’s high (in the...
I've noticed that many Pine coders calculate buy and sell volumes by considering the volume of a bullish candle as buy volume and the volume of a bearish candle as sell volume. However, I believe this approach isn't very logical, especially for candles with long wicks like pinbars. Therefore, I've devised a method to calculate the buy and sell volumes of a...
1. Identification of Candlestick Patterns: The script checks each candlestick to determine if it meets the criteria for a "no wick" pattern. For bullish candles, it identifies those with no bottom wick, where the open price is equal to the low and the close price is greater than the open. For bearish candles, it identifies those with no top wick, where the open...
The script presents earnings and revenues in a tabular format. Particularly, it calculates percentage changes. Earnings data can be found in TradingView Financials. However, percentage changes are not provided. Can TradingView implement this in the future? Displaying earnings table on the chart has its benefits. No additional clicks required to access the data....
Overview The Zero Lag Exponential Moving Average (ZLEMA) ForLoop indicator is designed for traders seeking a responsive and adaptive tool to identify trend changes. By leveraging a range of lengths and different moving average (MA) types, this indicator helps smooth out price data and provides timely signals for market entry and exit. User Inputs Start...
Overview The Aroon ForLoop indicator is designed to calculate an array of Aroon values over a range of lengths, providing trend signals based on various moving averages. It offers flexibility with different signal modes and visual customizations. User Input Start Length (a) and End Length (b): Defines the range for calculating Aroon values. MA Type...
This is a simple indicator that aids the trader in being able to visualise each trading day of the week; Key Features Weekly Open Line Daily Open Line Option for Background Lines Weekly & Daily Open Lines Information ℹ️ These are vertical lines that are anchored to the hour of the Weekly Open and the hour of each Daily Candle Open. The settings...
The indicator aims to analyze and visualize the Average Directional Index (ADX) and its smoothed versions, along with directional indicators (DI) to help traders identify trend strength and potential buy/sell signals. Indicator Settings: The indicator is named "ADX and SADX, SDI" and is set to display prices with a precision of 2 decimal places. Users can...