Hi , in this script i tried to find reversal points on big trends. For this purpose i have used Supertrend and Donchian channels. I combined both in a single indicator for finding reversal points. I am suggesting for using higher time frames like 4 hours or 1 day. It will be work in lower time frames too. But the signals will be less reliable than higher...
The original idea from this script is from the script " Percentage Relative Strength " by dman103 . The original script compared a symbol to an index by their everyday percentage change. The symbol percentage was subtracted from percentage change of the index, & the results were then smoothed by moving averages. Instead of daily percentage changes, this script...
The Interactive Range Analysis script is an essential tool for analyzing price ranges. It automatically draws important range levels, generates a Volume Profile or Open Interest profile and horizontal/vertical heatmaps, plots the anchored VWAP, draws Fibonacci levels, and much more. How to use the indicator: 1. The script will prompt you to select the "Start...
This script will count the bars back since the last time the current bar indicator value was either this low or this high. It will provide the time in either, seconds, minutes, hours, days, weeks, months, or years. please note: There are currently no alerts setup for this script. the length options only apply to the sources that have the "(MA)" in their...
The Simple Dominance Momentum Indicator is a powerful tool for tracking market trends in the world of cryptocurrency. By analyzing the relationship between dominance and market movement, this indicator helps traders identify when money is flowing into or out of the market. Using the pane structure on TradingView, the Dominance Momentum Indicator makes it easy to...
Visualize raw buying and selling pressure via 3 different calculation methods, all superimposed with dynamic rescaling. Buying and selling pressure is the concept of quantifying the disproportion between buying and selling. In practice, there is no single definitive way to calculate it. This indicator is a merge to display three different methods to calculate...
www.tradingview.com This indicator is a simple script meant to find retests on the 200 period moving average. It's current state is optimized for the 5 minute timeframe. This works in all markets and all timeframes as long as you adjust certain rules for higher timeframes. It's strengths and weaknesses - Good at trend continuation in strong markets - Bad in...
The High/Low supertrend uses an ATR produced from the highest and lowest points within the ATR lookback range, instead of from current highs and lows. This makes it less susceptible to false breakout attempts. In the settings, you can choose whether you want the supertrend to calculate from the highest highs and lowest lows within the period, or the maxima of the...
This script was based off of an idea that @CubanEmissary had so the description and some of the code that @CubanEmissary built on TradingView was used. Vigilant Asset Allocation G4 (VAA G4) is a dual-momentum based investment strategy that aggressively monitors the market and reallocates portfolio funds based on the relative momentums of user-defined risk assets...
This is a very simple price comparison indicator. People who are familiar with PineScript can easily create it, but most people who are not familiar with PineScript often double-check BTC pair's charts to compare Bitcoin and other symbols. This indicator made for that process easier. The indicator is basically supposed to show the price ratio of BTC and the...
This is a correlation table, it correlates with current opened asset (chart). In settings you can change periods of days and change assets what you want to see in table. The main feature of this table is an changing alert, it changes values depends on settings what you chose, you can use it for send whole table to your spreadsheets like screenshot below. ...
This is the Global Monetary Supply M2 of the richest and most populous countries that have info from at least 2008 It is measured in USD (converting the M2 of each of the countries respective currencies and virtually converting them into USD) This is less than the global liquidity as it does not include the countries' assets in other currencies (on their balance...
The Reverse Double Smoothed Relative Strength Index Bands is a custom script of mine that is another part of my RSI indicator series, which I will be publishing over the next week or so. This takes my Double Smoothed Relative Strength Index script and applies the Reverse RSI formula to create a new Bollinger Bands type indicator. This concept can work for almost...
DojiCandle body size RSI-SMMA filter MTF Hi. I was inspired by a public script written by @ahmedirshad419, . I thank him for his idea and hard work. His script is the combination of RSI and Engulfing Pattern. //------------------------------------------------------------ I decided to tweak it a bit with Open IA. I have changed: 1) candle pattern to...
Counts consecutive Lower Highs and Higher Lows; number resets to zero when previous pivot high or low gets swept -To help give an idea of when a retracement / run-on-stops may be overdue. i.e. the higher the counter number grows, the longer we've gone without a proper retracement. //inputs// ~pivot lookback/lookforward: increase this for more significant pivot...
The Order Blocks & Breaker Blocks indicator detects order blocks that can be turned into breaker blocks on the chart automatically once mitigated. Users can determine the amount of bullish and bearish order/breaker blocks that display on their chart from within the settings menu. 🔶 SETTINGS Swing Lookback: Lookback period used for the detection of the...
Today we have a new Indicator set, which I created using inspiration from the Trend Magic Indicator from KivancOzbilgic and adding several new aspects to it and a slightly modified calculation of the trend indicator itself. You can change the inputs by changing the pre set values in the settings, but I found the current settings quite accurate. Feel free to...
The 7 week rule was shared by Gil Morales in his book “Trade Like an O’Neil Disciple”. The rule is described as: Stocks that have shown a tendency to “obey” or “respect” the 10-day moving average for at least 7 weeks in an uptrend should often be sold once the stock violates the 10-day line. A “violation” is defined as a close below the 10-day moving average...