Predicting tops and bottoms in any market is a challenging task, and the Bitcoin market is no exception. Many traders and analysts use a combination of various indicators and models to help them make educated guesses about where the market might be heading. One such metric that can provide valuable insights is the Bitcoin cost per transaction indicator. Here's...
The Advanced Trend Detection Strategy is a sophisticated trading algorithm based on the indicator "Percent Levels From Previous Close". This strategy is based on calculating the Pearson's correlation coefficient of logarithmic-scale linear regression channels across a range of lengths from 50 to 1000. It then selects the highest value to determine the length for...
Always check the previous candle before you enter a trade. If the previous candle is colored in yellow then there's a higher probability. Do not enter if the signal candle body size is too small compared to the previous one.
Indicator of trading sessions: Indicator created to track the opening of trading sessions: Asia, Frankfurt, London, New York. Tracking the opening of these key levels - Day Opening (DO), Week Opening (WO), Month Opening (MO). - New York (NYM) openings display. - Highs and lows of the previous day (PDH/PDL). - Day of the week display. - Formation...
█ ARRAY BROWSER Add you arrays to the array browser window and scroll them away left and right. Flexible formatting options (see below). Many thanks to @kaigouthro for his beautiful matrixautotable library. (import kaigouthro/matrixautotable/14) How to use Copy the "ARRAY BROWSER" commented code section below to your script and uncomment. See DEMO...
This indicator called " Binary Option 1 Minute" is designed to trade binary options on 1-minute time frames. It is based on two moving averages and a crossover signal. The moving averages used are calculated from the average prices of the last time periods. The first moving average is calculated with a shorter period, while the second is calculated with a longer...
This library provides a JavaScript-style debug console to Pine Coders. It supports the most commonly used utilities from the WHATWG Console Standard including the following: • console.log • console.debug • console.info • console.warn • console.error • console.assert • console.count • console.countReset • console.group • console.groupEnd •...
Reverse Repo Correlation Indicator This TradingView indicator calculates the correlation between the current stock's close price and the value of the Reverse Repo Rate (`RRPONTSYD`). It uses the Pearson correlation coefficient to measure the strength and direction of the relationship. Inputs - **Correlation Length**: The number of bars used to calculate the...
This Script Shows The OHLC Of The Higher Timeframe Candles In The Background Great For Not Losing Sight Of The Bigger Picture On The Lower Timeframe
Compare relative performance of 2 Tickers directly on one chart. Default BTC/LTC but can be adjusted to any pair. First attempt at pine scripts so go gentle on feedback ;)
This indicator is used to display estimated contract liquidation prices. When there are dense liquidation areas on the chart, it indicates that there may be a lot of liquidity at that price level. The horizontal lines of different colors on the chart represent different leverage ratios. See below for details. Let me introduce the principle behind this...
█ Overview The Pattern Forecast indicator is a technical analysis tool that scans historical price data to identify common chart patterns and then analyzes the price movements that followed these patterns. It takes this information and projects it into the future to provide traders with potential price actions that may occur if the same pattern is identified...
The ICT Macros indicator aims to highlight & classify ICT Macros, which are time intervals where algorithmic trading takes place to interact with existing liquidity or to create new liquidity. 🔶 SETTINGS 🔹 Macros Macro Time options (such as '09:50 AM 10:10'): Enable specific macro display. Top Line , Mid Line , Bottom Line and Extending Lines ...
Autodrawn Support and Resistance Levels is an indicator that helps traders identify key support and resistance levels on a chart. These levels are important because they can help traders make decisions about when to buy or sell an asset. The indicator uses three lookback periods to identify recent highs and lows and then draws lines at the highest support and...
Really excited to be sharing this indicator! This is the cross-period comparison indicator, AKA the comparison indicator. What does it do? The cross-period comparison indicator permits for the qualitative assessment of two points in time on a particular equity. What is its use? At first, I was looking for a way to determine the degree of similarity...
The Advanced Trend Channel Detection (Log Scale) indicator is designed to identify the strongest trend channels using logarithmic scaling. It does this by calculating the highest Pearson's R value among all length inputs and then determining which length input to use for the selected slope, average, and intercept. The script then draws the upper and lower...
The Rate of Deviation indicator calculates and displays the amount the current price varies above or below the average price over Length bars. A deviation value greater than the base level indicates that the current price is higher than the price average while a deviation less than the base level indicates that the current price is lower than the price average.
TL;DR: An average based trend incl. micro trend spotting and multiple display options. This script is basically an update of my "Average Trend with Deviation Bands" script. I made the following changes: Not an overlay anymore - The amount of drawn lines makes the chart pretty messy. That's why I moved it to a pane. If you preferred the overlay you can use...