INTRODUCTION: Volatility enthusiasts, prepare for VICTORY on this day of July 4th, 2024! This is my "Vast Volatility Treasure Trove," intended mostly for educational purposes, yet these functions will also exhibit versatility when combined with other algorithms to garner statistical excellence. Once again, I am now ripping the lid off of Pandora's box... of...
Hello again everyone, This is the Scaled ATR Range indicator. This was done in response to an article/analysis I posted regarding the expected high and range on SPX. I would encourage you to read it here: Essentially, I took SPX data, scaled it to correct for inflation, then calculated the ATR for Bullish years to get our average range to expect and our close...
Descriptions: The MVRV Z-Score indicator is a powerful tool designed by original authors Murad Mahmudov and David Puell for BTC to help traders make informed decisions about their cryptocurrency investments. It is based on the MVRV (Market Value to Realized Value) metric, which measures the relationship between the market capitalization and the realized...
This script combines multiple timeframes for visualizing linear regression channels in a single chart, allowing us to obtain a holistic view of price behavior across different timeframes (5m, 15m, 30m, and 4h). It facilitates the identification of trends and support/resistance levels across various time horizons. This multi-timeframe approach is useful because it...
Library "Thuvien_publish" Thư viện build Strategy entry_volume_func(risk, entry, sl) Hàm tính khối lượng vào lệnh Parameters: risk (float) entry (float) sl (float) Returns: entry_volume: trả về khối lượng cần vào tp_sl_func(sl, entry, rr) Tính TP/SL theo RR cho trước Parameters: sl (float) entry (float) rr...
The Pivot Point Profile indicator groups and displays data accumulated from previous pivot points, providing a comprehensive method for prioritizing and displaying areas of interest directly given by swing highs and lows. Users have access to common settings present in other profile-type indicators. 🔶 USAGE The Pivot Point Profile is particularly helpful...
🔵 Introduction 🟣 Fair Value Gap (FVG) To spot a Fair Value Gap (FVG) on a chart, you need to perform a detailed candle-by-candle analysis. Here’s the process : Focus on Candles with Large Bodies : Identify a candle with a substantial body and examine it alongside the preceding candle. Check Surrounding Candles : The candles immediately before and...
Purpose: This indicator calculates and plots the distance in percentage between the current price and a specified moving average. The distance is displayed in a separate window below the main price chart. Features: Configurable Moving Average Period: You can set the period for the moving average calculation. Multiple Moving Average Methods: The indicator...
What does this strategy do? This Pine Script strategy implements the Post-earnings announcement drift (PEAD) strategy, which is a financial market anomaly where a stock's price tends to drift in the direction of the firm's earnings surprise for an extended period of time. Ref: en.wikipedia.org An earnings announcement is an official public statement of a...
Average True Range ( ATR ) is a technical analysis indicator that measures volatility in the market. ATR is a moving average of the true range over a period of time. ATR calculation procedure: 1. Determine the true maximum - this is the highest of the current maximum and yesterday's closing price of the day. 2. Determine the true minimum - this is the...
Scientific Analysis of the Script "RSI Analysis with Statistical Summary" Introduction I observed that there are outliers in the price movement liquidity, and I wanted to understand the RSI value at those points and whether there are any notable patterns. I aimed to analyze this statistically, and this script is the result. Explanation of Key Terms 1....
Hey everyone, Releasing this indicator called groupings. If you watch/read my analyses on Tradingview, you will have heard me talk about groups. Groups is something I invented. What it is, is just taking the Euclidean Distance (ED) of the previous 5 candles in a specified period (i.e. daily timeframe, weekly, 1 minute, 5 minute, etc.) and rounding the ED up to a...
FREQUENCY & VOLUME PROFILE ⚪ OVERVIEW The Frequency and Volume Profile indicator plots a frequency or volume profile based on the visible bars on the chart, providing insights into price levels with significant trading activity. ⚪ USAGE ● Market Structure Analysis: Identify key price levels where significant trading activity occurred, which can act as...
█ Overview The Hourly Trading System (Zeiierman) is designed to enhance your trading by highlighting critical price levels and trends on an hourly basis. This indicator plots the open prices of hourly and 4-hour candles, visualizes retests, displays average price lines, and overlays higher timeframe candlesticks. It is particularly beneficial for intraday...
The digital exponential filter, in finance known as Exponential Moving Average (EMA) , can be used as a technical indicator for chart analysis to visualize uptrends and downtrends in the market. Unlike the classic simple moving average, the EMA requires only two values for its calculation: the last calculated exponential average price and the current price....
Description: MTF EMA Cloud By Ripster EMA Cloud System is a Trading System Invented by Ripster where areas are shaded between two desired EMAs. The concept implies the EMA cloud area serves as support or resistance for Intraday & Swing Trading. This can be utilized effectively on 10 Min for day trading and 1Hr/Daily for Swings. Ripster himself utilizes various...
Description: The Performance Indicators tool provides traders with a comprehensive overview of both fundamental and technical performance metrics of a security. This dual approach helps traders make informed decisions by evaluating the security's intrinsic value as well as its market behavior. Fundamental Performance Indicators: EPS Year Over Year % Growth...
🔵 Introduction One of the challenges of script users is matching the colors used in indicators or strategies. By default, colors are chosen to display based on either the dark theme or the light theme. In scripts with a large number of colors used, changing all colors to better display in dark mode or light mode can be a difficult and tedious process. This...