This indicator is the market breadth for Bank Nifty (NSE:BANKNIFTY) index calculated on the histogram values of MACD indicator. Each row in this indicator is a representation of the histogram values of the individual stock that make up Bank Nifty. Components are listed in order of its weightage to Bank nifty index (Highest -> Lowest). When you see Bank Nifty is...
The Breakout Probability Indicator is a cutting-edge tool designed for traders looking to gauge the likelihood of price breakouts above or below current levels. This indicator intelligently combines Average True Range (ATR) and recent price action to provide a probabilistic insight into potential future price movements, enhancing strategy formulation and risk...
ICT stresses time and liquidity levels in his teachings. This table helps to easily locate these key Time-based price levels. You can use these levels to determine your directional bias and to help generate your narrative for where the market is going. This indicator creates a table that gives you the price for the following liquidity levels: PDO - Previous...
The Universal Volatility Index (UVI) is a robust indicator designed to gauge market volatility across various asset classes. By synthesizing multiple volatility measures, the UVI offers traders a nuanced understanding of market dynamics, aiding in the assessment of risk and the decision-making process. How It Works: The UVI incorporates three key components to...
Kernel Regression Oscillator - Overlay Introduction The Kernel Regression Oscillator (ᏦᏒᎧ) represents an advanced tool for traders looking to capitalize on market trends. This Indicator is valuable in identifying and confirming trend directions, as well as probabilistic and dynamic oversold and overbought zones. It achieves this through a unique...
Kernel Regression Oscillator - BASE Introduction The Kernel Regression Oscillator (ᏦᏒᎧ) represents an advanced tool for traders looking to capitalize on market trends. This Indicator is valuable in identifying and confirming trend directions, as well as probabilistic and dynamic oversold and overbought zones. It achieves this through a unique composite...
Meme Coin Volume. Investor preference for meme coin trading may signal irrational exuberance in the crypto market. If a large spike in meme coin volume is observed, a top may be near. Therefore, the volume of the most popular meme coins was added together in this indicator to help indicate potential mania phases, which may signal nearing of a top. A simple moving...
Title: "Supertrend and 200 EMA Crossover Strategy" Description: This script is designed to provide traders with a robust and original trading strategy by combining the Supertrend indicator with a 200-period Exponential Moving Average (EMA). The core concept is to utilize the strengths of both indicators to determine optimal entry and exit points. The Supertrend...
If you are trading alt coins which are affected with Bitcoin price movements then this indicator may be useful. It allows you to trade altcoin and track bitcoin price changes simultaneously. It shows the price change (delta price) for last 60 seconds, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, 1 day. If you want any updates, just feel free to write me :)
This script lets you choose the best time to invest in the S&P 500, thanks to a line showing an average growth of 8.32% over 50 years, starting from the price of $86.84 on January 1, 1974. Thanks to this line indicating the price of the S&P 500 based on the average growth of the index. You'll be able to tell when the index is overvalued or undervalued. When the...
This script emulates the funding rate for Binance USDT pairs. The funding rate is calculated based on the premium index. However, as the precise method for averaging the premium index is unclear, this calculation is based on an estimation and may contain some discrepancies. If a non-Binance USDT pair is selected, the script automatically calculates and displays...
This is a simple indicator that is designed to provide you with a synopsis of short interest on the daily, weekly and monthly timeframes. How it works: It pulls FINRA ticker data on short volume for whichever ticker you are on. It works with all tickers provided they are listed on FINRA (which is all tickers). It will not work with futures, for futures, you...
Modified On Balance Volume (mOBV) Indicator The "Modified On Balance Volume" (mOBV) indicator is designed to provide insights into the cumulative buying and selling pressure in the market, with modifications for close, high, and low prices. It incorporates On Balance Volume (OBV) calculations for each of these price types and further refines the analysis by...
Hello traders In this script, I have defined two bands with a deviation of 2 and 3 I designed the setup so that the upper lines represent red resistance, the lower lines represent green support, and the blue line represents the average price of the previous 20 candles in each time frame. This code can be used mostly in time frames above 30 minutes and somehow...
Bitcoin Dominance Change. Interesting things tend to happen when the Bitcoin dominance increases or decreases rapidly. Perhaps because there is overexuberance in the market in either BTC or the alts. In back testing, I found a rapid 13-day change in dominance indicates interesting switches in the BTC trends. Prior to 2019, the indicator doesn't work as well to...
Explanation: This script is a comprehensive indicator that combines three essential technical analysis tools: Money Flow Index (MFI), Relative Strength Index (RSI), and Bollinger Bands (Bollinger %B). It provides insights into market conditions related to cross points of mfi,rsi and B%B. A buy condition is created when the last candle RSI and MFI are under the...
Hi big players around the world, I wish you a merry christmas time. Today I have a nice present for you: a new volume heatmap indicator for free using! HISTORY My first volume heatmap project got a lot of feedback and a big demand. You can find it here: In this time pinescript version 4 was the newest one and I worked the first time with arrays. Today...
Title: Advanced Volatility Oscillator with Signals (AVO-S) In-Depth Description: Introduction: The Advanced Volatility Oscillator with Signals (AVO-S) is designed to offer traders a nuanced understanding of market volatility, combining traditional concepts with innovative visual aids and signal interpretation. This indicator is tailored for diverse financial...