Name: DCA Bot Indicator Category: Dollar Cost Average. Operating mode: Alerts at a specific time, day of the week and day of the month. Trades duration: N/A. Timeframe: 1H Suggested usage: long-term investing DCA strategies. Entry: Only indicates the time and then the day of the week or the day of the month to buy. Exit: As per long-term Investor’s...
The Relative Strength Volume Adjusted Exponential Moving Average was created by Vitali Apirine (Stocks and Commodities Feb 2022 pgs 14-18) and this is very similar of course to the last Relative Strength Exponential Moving Average . It works under the same concept with using overbought and oversold methods to adjust the moving average and with this particular...
Dear Traders, Here is the thought which came to my mind on the trendline break scalping. sometimes during the trade we do plot trendlines and we do anticipate for the line to break and take a trade. with the same thing in mind I had created this basic script to help you and other to create based on the logic used in the script. This is just a logic based script...
Today I am sharing with the community a volatility indicator that uses the Nasdaq VXN Volatility Index to help you or your algorithms avoid black swan events. This is a similar the indicator I published last week that uses the SP500 VIX, but this indicator uses the Nasdaq VXN and can help inform strategies on the Nasdaq index or Nasdaq derivative instruments....
THE IDEA: TSV is a leading indicator based on the Volume, so it can be used to dectect price movements even before other indicators. You can read about the Time Segmented Volume and the concept how to use it here: From my observations, it seems like you can use this indicator in the similar way to "oscilators" as well. So the idea is to use the signal and run...
This indicator I am posting open for everyone to see and use. This is a modified DMI indicator, It has a DMI+ and DMI- and a 3rd line that is the average divergance/convergance of the two. This indicator is used to recognize periods of consolidation, directional strength and retracements/reversal There are some key things to watch for: -When the Div/Conv...
IMPORTANT NOTE: -> The timeframe for this indicator must be set at 1 minute; -> If the chart timeframe is higher than 1 minute, the results shown in the table for timeframes lower than the chart will not be correct; -> Tradingview's own documentation explains this as follows: " It is not recommended to request data of a timeframe lower that the current chart...
this arks the new candle open on different time frame. It is a simple logic to visually mark the those candles to we can identify the behavior of the applied market.
Hi Tradingview community. This script would be of interest to those trading Indian stocks in NSE/BSE. It is an open-source script with a simple mandate. ESTIMATE: At what price will your long trade yield a return equal to the selected bank's fixed deposit interest rate (1 year). It will help you to estimate your probable target and whether the set...
This script plots an RSI of the difference between the BTCUSD (FTX) and S&P 500 (FRED) prices, useful to see how the BTCUSD price correlates to the stock market. This works in the daily timeframe only (because the S&P 500 can only be sampled on this timeframe). You can try lower timeframes but they will be gapped / interpolated.
Here I bring you an array of methods to compare the swings and consistency between assets. This indicator is excellent for swing traders and scalpers looking to maximize their profits by examining which of two closely related pairs provides greater price fluctuation during given period. This indicator works against two assets, which are to be configured in...
The Relative Strength Exponential Moving Average was created by Vitali Apirine (Stocks and Commodities Jan 2022 pgs 22-25) and this is a handy moving average that combines a typical overbought/oversold mechanic with an overall trend indicator. Even though the typical length is so large it reacts extremely quickly when the stock becomes overbought or oversold....
The total precent movement indicator charts the total movement (low to high) for a given interval. Use this indicator when analyzing a system for grid trading or when trying to gauge average movement. The indicator plots three lines. Total movement (low to high) A simple moving average of the total movement. A baseline Sensible defaults are configured...
This script finds wicks that are longer than the candle body and marks them as potential trading zones to be revisited. Lines, shading, and lookback can all be modified. Full credit for original code goes to @Squam_Gobaloochee. We updated to Pinescript V5 and cleaned up code. We reached out to original for permission to repost publicly and open source.
Introduction I have been tracking the technical indicator for a long time. In my experience, I have tried various combinations of the existing indicators in the chart but have not been able to get satisfactory results. The trend analysis method needs a lot of focus and time. Therefore, rather than speculating the future trend, I focused on building a code which...
Level: 1 NOTE: This is a request by @scantor516 to backtest T-Step LSMA by alexgrover with my Sextan framework. You can backtest many of my indicators in minutes now! Of course,you can define your own indicator in the highlighted area in compliance with the uniform format, which guarantee when you use "Indicator on Indicator" function, it would not produce any...
This script allows you to calculate returns on double butterfly options, specifically for 0 DTE and 1 DTE(days to expiration) for options that have expiration on Monday, Tuesday and Friday(Mostly SPY). The script is bi-directional, meaning it will calculate the returns on a put and call butterfly simultaneously, not just a put or just a call butterfly. The script...
KEEP YOUR COINS FOLKS! I DON'T NEED THEM, DON'T WANT THEM. Many other talented authors on TV deserve them. INTRODUCTION: This is my "RGB Color Fiddler", intended as a toy to play with. This colorcator is rated 'E' for every TV member. With this you can quickly generate about 1.67 million potential colors from color.rgb(). While I have a few preferred colors that...