OPEN-SOURCE SCRIPT
Technical Analyst by DGT
Updated
Who needs a Technical Analyst?
yes I can hear someone is asking for, and here is one that can help you with technical analysis
The analyst will present a technical anlaysis report at a glance calculated by the most popular technical indicators, and the good part, the anlayst will do it voluntarily
technical skills of the analyst:
- experienced an all markets
- ability to interpret moving averages
- ability to interpret volume changes
- ability to interpret trend folowing indicators such as:
* directional movement index (dmi), identify trend strength and trend direction
* complex ichimoku cloud , identify trend stregth, and tk crosses
- ability to interpret oscillators such as:
* relative strength index, identify oversold overbought levels, identify the rsi flow
* commodity channel index, identify oversold overbought levels
* awesome identify if grawing or falling
* macd if bullish or bearish, and macd histogram if grawing or falling
- ability to calculate probability and its trend
- non-stop hardworker,
- available 7/24,
- highly dedicated always on duty,
- open for new ideas and willing to learn
- upon request the analyst will create reports with custom settings of your choise
the analyst is not a decition maker, trading success is all about following your trading strategy and the analyst aims to help with the presented reports calculated by the most popular technical indicators
the analyst supports 9 of the popular technical indicators and is willing to learn more, please share your comments and feedbacks and help the analyst improve skills
cheers!
Disclaimer: The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
yes I can hear someone is asking for, and here is one that can help you with technical analysis
The analyst will present a technical anlaysis report at a glance calculated by the most popular technical indicators, and the good part, the anlayst will do it voluntarily
technical skills of the analyst:
- experienced an all markets
- ability to interpret moving averages
- ability to interpret volume changes
- ability to interpret trend folowing indicators such as:
* directional movement index (dmi), identify trend strength and trend direction
* complex ichimoku cloud , identify trend stregth, and tk crosses
- ability to interpret oscillators such as:
* relative strength index, identify oversold overbought levels, identify the rsi flow
* commodity channel index, identify oversold overbought levels
* awesome identify if grawing or falling
* macd if bullish or bearish, and macd histogram if grawing or falling
- ability to calculate probability and its trend
- non-stop hardworker,
- available 7/24,
- highly dedicated always on duty,
- open for new ideas and willing to learn
- upon request the analyst will create reports with custom settings of your choise
the analyst is not a decition maker, trading success is all about following your trading strategy and the analyst aims to help with the presented reports calculated by the most popular technical indicators
the analyst supports 9 of the popular technical indicators and is willing to learn more, please share your comments and feedbacks and help the analyst improve skills
cheers!
Disclaimer: The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Release Notes
correction : MACD : Signal Smoothing Length corrected Release Notes
typo Release Notes
another typo correction Release Notes
quick update : narrowed the report view by summarizing possible outcome for each indicator in a single lineenhanced outcomes of macd and awesome oscillators
Release Notes
the analyst is becoming more skilled, and now the analyst is reporting when the last cross occurred for the technical indicators where the crosses are of importancecrosses are the most common signals produced by technical indicators, and can signify a potentially strong move. the strength of the move is a key factor to identify whether the crosses are potentially strong moves or are false signals
example of crosses
• golden cross : when ma50 crosses ma200
• macd cross : when signal line crosses macd line
• tk cross : when conversion line (tenkan-sen) crosses base line (kijun-sen) of ichimoku cloud
• so on
cheers!
Release Notes
Commodity Channel Index (CCI) removed from the report and instead Stochastic Oscillator (STOCH) addedRelease Notes
minor update : the analyst is now plotting lables 5 bars ahead of the priceRelease Notes
in case volume data is not provided the anlyist was assuming the volmue as 0, now will notify that the volume data is not presentRelease Notes
major update :the analyst is now capable of preparing colorful, visually more readable and more organized reports thanks to new pine additions of color.rgb and table functionality
aditionally,
the analyst is able to plot some of the components that are used while creating the reports
cheers!
Release Notes
a quick update : added ability to adjust text size of the reports Release Notes
another quick update : added ability to hide descriiption columnRelease Notes
updateadded fear and greed index
for reference and further details of the addition please check :
Release Notes
pine error fix probable cause of the error is likely pine core update may have affected the Analyst's behaviour
Release Notes
update : thanks to new pine feature, descriptions are added as tooltips. so, in case 'hide description' option is enabled the users will still be able to view descriptions when hover over the bias columnRelease Notes
bug fix Pine Team keeps improving the platform.
With the the latest update it seems Pine Team had improved pine script compilition process which detected wrong input definition I made with this one (default value of an option is set greater than the possible minimum value)
Release Notes
the analyst is exploring its reports to a new level * better content and presentation
* new indicator additions
- Momentum : Dual SuperTrend
- Pressure : DeMark's Pressure Ratio
- Pressure : Elder's Ray - Bull Bear Power
- Pressure : Buying / Selling Volume
PS : Due to lack of space on chart all the new indicators are available when 'Summary View' is selected
References :
DeMark's Pressure Ratio : Tom-DeMark-s-Sequential-Pivot-Pressure and Stoch-X-an-Indicator-of-Indicators
Elder's Ray - Bull Bear Power : Bull-vs-Bear-Power
Dual SuperTrend : Dual-SuperTrend-Ichimoku-and-DMI-Color-Weighted
Technical Report : Pivot-Points
Release Notes
major update : the analyst is now capable of* plotting of all indicators available within its scope, including oscillators
* notifying detected alerts for all indicators within its scope
Release Notes
some tweaks Release Notes
some tweaks Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.