Hello traders, I would like to present you Donchian diff script. The idea behind this script is that as in Ichimoku I consider base line as equilibrium so I calculate percentages between base line and current price and calculate percentage between base line and conversion line and use them as a filter. For signals I used also that candle has to be highest or...
The Double Bollinger Band consists of an average and two Bollingers and two backgrounds, each of which has separate settings and can be approved more strongly for trades. Moves and vice versa. With the price chart coming out of the second band, the price is much more likely to move in the same direction. To use this feature, we had to use two Bollinger indicators...
Crypto Position Size Calculator this indicator helps you to figure out the position size your trade . and its only used for crypto the indicator needs to fill the input section in order to give you the information table that includes position size . The input section consists two section the first section you will give the trade info like entry ,...
█ OVERVIEW This indicator was intended as educational purpose only and alternative way to write pine script in version 5 for Pivot Points Standard. █ CREDITS Credits to TradingView for original built-in source code. █ FEATURES Display price or percentage. Change color for labels and lines. █ USAGE EXAMPLES
"RallySeason" indicator display the time of the rally from the relations of three moving average lines. Red means a drop rally, a rise rally green. I adjust the parameters to function with a foot in the stock market, DJI, S&P500 , Nasdaq, Nikkei225..., for 30 minutes char or 1 hour chart.
█ OVERVIEW This script is intended to provide full time frame continuity information for almost all time frames (3, 5, 15, 30, 60, 4H, Day, Week, Month, Quarter, Year) When added, the script provides a visual indicator/table to the bottom right of the screen to view the different performance at each time frame. ---------- Output Time Frames: 3min, 5min, 15min,...
This is a modified Hash Ribbons indicator. You can get the original indicator for free at this link: Differences from the original indicator 1) This is overlay version 2) Pointers appear under candlesticks, which is more visual 3) PineScript v5.0 was used
This indicator shows the amount, in terms of a percentage, that the ATR is currently above or below the current ATR average. This can be translated to the amount of volatility in the market compared to the current "standard" volatility. See also "Average True Range" technical indicator
This indicator shows the amount, in terms of a percentage, that the volume is currently above or below the current volume average. ((Volume - volumeMA) / volume) * 100 Ways to use: 1) We could consider movements in price to be extremely strong when the volumeGain is above the upper limit line i.e. the current volume is more than 50% higher than the current...
This script automatically calculates ATR on a daily basis where it would be highest and lowest and draws a line there. With this you can see whether stock has passed the ATR or not. When stock moves, line is adjusted as well. For example, the stock opened at $100 and moved down $1. ATR is $5. Script will then draw two lines on the chart. Daily low ATR would...
The price widget shows what is the high and low of the stock along with the date on which that happened. It also shows how much potential return is possible if the stock goes from the low to the high. By default, 52 weeks has been set as the time period, but that can be changed. It helps to show how much the price has fallen from the top otherwise we need to use...
TASC's March 2008 edition Traders' Tips includes an article by John Ehlers titled "Measuring Cycle Periods," and describes the use of bandpass filters to estimate the length, in bars, of the currently dominant price cycle. What are Dominant Cycles and Why should we use them? Even the most casual chart reader will be able to spot times when the market is...
The Indicator show Directional Bar inside a market context You must first do analisys context and next you can use the directional candle Show Candles: B3: The price close lower than the before candle and your own third third A1: The price close higher than the before candle and your own first third RU: Candle of Rejection in trend up. The price open and close in...
This Onchain Metric shows the sum of newly issued coins. This metric is very useful for finding new bull run cycles in the market. The new bull run is accompanied by a significant drop in the new supply.
Hello all, To ease everyone's trading experience I made this script which colors RSI overbought and oversold conditions and as a bonus displays bullish or bearish divergences in last 50 candles (by default, you can change it). Script is open source, part of code is from Trading View examples. If you have suggestions or you already made some improvements, please...
This allows for one EMA to reference the regular session well the other references the extended session. A green arrow will appear above a bear candle closing above both the EMAs and a Red arrow on bull candles closing below both. This saves me time from jumping back and forth from extended sessions and regular session. Let me know if you have any questions, I...
This script is based on Rob Hoffman's trading strategy. I do my best to implement and cover all necessary parts for the complete strategy, including multiple moving averages and Hoffman's retracement strategy according to bars (45%). Difference that I do on my own is that my script follow the trend, based on SMA50, so script will not give you Long signals,...
A slimmed down/cleaner version of the "Pivot Points Standard" indicator. This is for Camarilla pivots only. The S and R pivots are renamed to L/H and the colors of pivot 1 and 2 are faded out by default since those pivots are less used in the Camarilla trading system. They can also be disabled of course.