It is Backtest Calculator For Essential and Plus plan holders, the length of available intraday data is calculated as follows: from now to 6 weeks back multiplied by timeframe(in minutes), i.e. you can go 6 weeks back on the 1-minute chart, 12 weeks back on the 2-minute chart, 30 weeks back on the 5-minute chart, 90 weeks back on the 15-minute chart and so on. The...
Hi Traders ! Introduction: I have recently been exploring the world of automated algorithmic trading (as I prefer more objective trading strategies over subjective technical analysis (TA)) and would like to share one of my automation compatible (PineConnecter compatible) scripts “Session Breakout Scalper”. The strategy is really simple and is based on time...
This is the frequency histogram indicator. It does just that—creates a frequency histogram distribution based on your desired lookback period. It then uses Pine's new Polyline function to plot a normal curve of the expected results for a normal distribution. This allows you to see quite a few things: 🎯 Firstly, it allows you to see where the accumulation rests in...
The "Handle Counter" is a unique TradingView script designed for ease and effectiveness in tracking price movements. It's particularly useful for traders who follow ICT methodologies. Users manually input their trade entry price, and the script then dynamically calculates and displays the number of Handles, or price changes, in a clear box above the latest candle...
Hello there! I am excited to share with you my new trading concept implemented in the "VaR Market Sentiment" indicator. But before that, let me explain what VaR is. VaR, or Value at Risk, is an indicator that helps you identify the worst-case scenario of a market movement based on a percentile/confidence level. This means that it calculates the worst moves,...
Calculates the % Return from the first trading candle of any given year, and shows the % Return at that year end.
FX Forecasting Model indicator is a forecasting tool that takes advantages of macroeconomic analysis and market surveillance to predict Exchange rate movement. *** Customize the macro data for home country (base currency) and foreign country USAGE This consists of 4 editable options align with 4 Forecasting Models TrendX Model) TrendX...
Greetings Traders, I am thrilled to introduce a game-changing tool that I've passionately developed to enhance your trading precision – the Normalized Fisher Transformed Volume indicator. Let's dive into the specifics and explore how this tool can empower you in the markets. Unlocking Trading Precision: Normalization and Transformation: Normalize raw volume...
The "Pineify/common" library presents a specialized toolkit crafted to empower traders and script developers with state-of-the-art time manipulation functions on the TradingView platform. It is instead a foundational utility aimed at enriching your script's ability to process and interpret time-based data with unparalleled precision. Key Features String...
The indicator "Price Volume Harmony Indicator " (abbreviated as PVHI) combines relative volume intensity (RVI) and relative price change (PC) to identify potential synergy or divergence between price and volume movements. Let's break down the key components and discuss how to interpret the output: Relative Volume Intensity (RVI): It calculates the mean volume...
**NOTE: FOR COMPARISON TRADITIONAL ROC IS PLOTTED WITH THE SAME ROC LENGTH OF 9. IT IS NOT PART OF THE INDICATOR" The Nasan ROC indicator is smoothed version of the of the traditional ROC indicator. The Nasna ROC uses a triple pass moving average differencing strategy. A cumulative sum of the deviations obtained from the moving average differencing provides a...
A little late posting this but here it is, as promised! This is the companion to the COSTAR indicator. What it does: It creates a co-integration paired relationship with a separate, cointegrated ticker. It then plots out the expected range based on the value of the cointegrated pair. When the current ticker is below the value of its co-integrated partner, it...
Description: The Interest Rate and GDP Dashboard is a powerful tool designed to provide traders with valuable insights into Interest Rate and Gross Domestic Product (GDP) of the largest Central Banks. Interest Rates are closely monitored from all around the world, and play a massive role in Interbank Institutional Trading. Although mainly used by Forex...
This indicator can detect outliers in trading volume using the 1.5 IQR rule or the outlier formula. The outlier formula designates outliers based on upper and lower boundaries. Any value that is 1.5 times the Interquartile Range (IQR) greater than the third quartile is designated as an outlier. The indicator computes the Q3 (75th percentile) and Q1 (25th...
Box Plot Concept: The script creates a modified box plot where the central box represents the range within 1 standard deviation from the midpoint (hl2), which is the average of the high and low prices. The whiskers extend to cover a range of 3 standard deviations, providing a visualization of the overall price distribution. Color Scheme: The color of the...
Easy Annotation: Quickly create custom annotations during your trading sessions to capture important ideas, strategies and observations as you go. User-friendly Interface: The indicator offers an intuitive interface, ensuring a smooth experience for adding notes to your chart. Custom Appearance: Personalize your annotations according to your...
CAPM calculator is a powerful tool that helps find the cost of equity, which is the minimum return that shareholders require to invest in a company. With the CAPM calculator, you can assess how well your trading strategy performs compared to the market. The goal of your strategy is to earn higher returns than what you would get by investing in the market with the...
WRESBAL Plus is an improved way of looking at the same data that drives WRESBAL, which is a commonly used series on FRED. WRESBAL is a weekly average of combined balances on FRED using inputs that are weekly averages in some cases. For example the Treasury General Account has multiple FRED series including WDTGAL (wednesday level) and WTREGEN (wednesday weekly...