The "Annualized Spot-Future Difference" indicator (ASFD) compares the closing prices of a futures contract and its underlying spot asset. It calculates the price difference between the two instruments and annualizes this difference to provide a standardized measure for comparison. The indicator takes inputs for the futures ticker symbol and the spot ticker...
In the process of releasing some of my Z-Score based indicators. This is the Z-Score Candle indicator. What it does: This converts the current candles into a z-score based candle over a 14 period lookback (adjustable but recommended to leave at 14). It plots out the overbought/oversold areas using colours and will lookback over a user defined period of time to...
This is the Z-Score Probability indicator. As many people like my original Z-Score indicator and have expressed more interest in the powers of the Z, I decided to make this indicator which shows additional powers of the Z-Score. Z-Score is not only useful for measuring a ticker or any other variable’s distance from the mean, it is also useful to calculate...
The Risk-Adjusted Return Oscillator (RAR) is designed to aid traders in predicting future price action by analysing the risk-adjusted performance of an asset. This oscillator is displayed directly on the price chart, unlike other oscillators. By considering the risk-return relationship, the indicator helps identify periods of overvaluation or undervaluation,...
Correlation Tracker Indicator The Correlation Tracker indicator calculates and visualizes the correlation between two symbols on a chart. It helps traders and investors understand the relationship and strength of correlation between the selected symbol and another symbol of their choice. Indicator Features: - Correlation Calculation: The indicator calculates...
Wanna know how long your script takes to execute. Just put this function at the end of your code and it will tell you how much time it takes to run your algo from start to end. Data will show in the data window panel measured in seconds
This indicator serves to display the standard deviation model based on open price from the selected anchored timeframe. Per statistics the price may stay within the three sigma range most of the time, most significantly within first sigma range 68% of the time. If price breaks the statistical probabilities and out of the three sigma range entirely it could be...
This simple indicator calculates and provides insights into different performance metrics of an asset - Sharpe, Sortino and Omega Ratios in particular. It allows users to customize the lookback period and select their preferred data source for evaluation of an asset. Sharpe Ratio: The Sharpe Ratio measures the risk-adjusted return of an asset by considering...
This scripts calculates the percentage gain in a month (previous 22 trade days). Firstly, it calculates number of sample days -> minimum no. of sampling duration = 22 -> maximum no. of sampling duration = increased from 22 until 0day_low > 22_day_high Example if sampling_duration = 100 Monthly percentage gain = ((Current_Day_High_Price - 0_Day_Low_Price) *...
The Liquidation Lines Technical Indicator is a trading tool designed to assist traders in identifying potential liquidation levels. This indicator generates virtual positions, known as "liquidation lines", which mark the points at which these positions would be liquidated under specified conditions. Key Features: Quantity of Lines: The indicator can create up to...
It contains the Correlations for SP:SPX , TVC:DXY , CURRENCYCOM:GOLD , TVC:US10Y and TVC:VIX and is intended for INDEX:BTCUSD , but works fine for most other charts as well. Don't worry about the colored mess, what you want is to export your chart -> TradingView: How can I export chart data? and then use the last line in the csv file to copy your...
In this small indicator I make it possible for the user to set two different input sources. Then, the indicator displays the correlation of these two input sources. It's a very small script, but I think it could be helpful to somebody to find uncorrelated indicators for his trading strategy. To use uncorrelated indicators is in general recommended. Enjoy this...
This indicator draws an upper and lower band for each day. It uses the Average True Range calculation (with configurable lookback) and places the band at 1ATR above and 1ATR below the daily open. I use this indicator as a simple gauge to tell how significant price movement is, and get a feel for the daily volatility. Due to the fractal nature of price action,...
This indicator has been made to get a statistical edge. It has two different options. Weekly High/Low or Daily High/Low Weekly High/Low - use this on Daily Chart This option plots a table, that shows how often the High/Low of the Week has been made on certain Days of the Week. It is possible, to only filter bullish/bearish weeks, to have more precise...
Helps users track their position and profit/loss in real-time. Instructions : Open the indicator settings Input your Quantity, Buy Price, Fee, and Target Price This indicator is designed to provide users with simple real-time tracking of their positions and profit/loss within a trading session. It offers clear and concise information that enables...
█ OVERVIEW The Multi-Exchange Crypto Aggregator is a unique concept ticker that gathers up to 10 tickers into one. A new OPAL Chart is created as an indicator, with its own candles and information. This information is meant to be interpreted as average information in order to reduce noise from a single ticker only. Everything is automated between assets. Our...
This script display some useful Statistics data that can be useful in making trading decision. Here the list of information this script is display in table format. You can change each and every single ema and rs length as per your need from setting. 1) close difference from first ema 2) close difference from second ema 3) close difference from third ema 4)...
Hello, I am releasing this time series modelling indicator. Brief overview of the indicator's functionality: The Time Series Model indicator is a technical analysis tool that calculates and visualizes a linear regression line based on historical price data. It assesses the trend direction and provides an outer band around the regression line to indicate...