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Breadth Indicators

NASDAQ Advance/Decline Line 1.0NASDAQ Advance/Decline Line is a Market Breath indicator. Brought to you by IQ-trading (Andrei Bogdan) via Trading View Pine script. If you find this helpful in anyway, please leave a like! A/D line calculates a ratio between total number of NASDAQ stocks advancing and total number of NASDAQ stocks in one day, providing another way to grasp the market breath at any moment.A Green columns mean more than 50% of NASDAQ stocks are advancing, red columns mean more than 50% of NASDAQ stocks are declining. Green values above the top band mean correlation to the upside, red values bellow the low band mean correlation to the downside. Correlation means rising probability of capitulation (to the upside or to the downside). For a better interpretation, NASDAQ Advance/Decline Line should be used in conjunction with other indicators (volatility, volume, etc.). -------------------- NASDAQ here refers to the totality of assets listed on the NASDAQ exchange, not to the Nasdaq Composite index or the Nasdaq100 index. NASDAQ is the second-largest stock exchange on earth, and operates the two major stock indexes based on companies that trade on its exchange: the Nasdaq Composite and the Nasdaq 100. The Nasdaq Composite tracks the performance of more than 3,000 stocks listed on the Nasdaq while the Nasdaq 100 captures the performance of the exchange’s largest non-financial companies.
Pine Script™ indicator
by IQ-trading
2
Session LevelsThis indicator plots important session (intraday) levels for the day. It plots high and low of previous day, week, month, 52 week and all time. Also plots the vix range which shows the daily expected trading range of the instrument. These levels acts as important support/resistance for the day. For example, if price closes above previous day, week, or month high/low it indicates bullish sentiment and vice versa for bearish. Vix Range plots top, center, bottom line for expected trading range for the day. It is calculated based on the volatility index selected (NSE:India VIX is used by default).
Pine Script™ indicator
by ajithcpas
17
Hotch DMI+OBV+RSI ConfluenceThis Indicator uses the Relative Strength Index, On Balance Volume, and ADX to identify viable trading trends. A quick description of what is on display: 1.) Green Triangle = OBV crossing over OBV MA 2.)Red Triangle = OBV Crossing under OBV SMA 3.) The background coloring between the RSI Oversold and Overbought Values has multiple conditions. ----It is green when the DI+ > DI- ----It is purple when the DI+ < DI- ----the brightness represents the ADX value. Darker areas(or more transparent) show a weak ADX value(4). Brighter (or less transparent) show a stronger ADX value(3) 5.) RSI and RSI moving average, including a divergence indicator. 6.) A histogram representing the normalized value of OBV-OBVMA to show changes in value while remaining readably in range on the chart with other indicators. In the included chart screen shot is an example of an applicable strategy. This example is no guaranteed success and is also not the only strategy applicable to the indicator.
Pine Script™ indicator
by Hotchachachaaa
3
MicroStrategy MetricsA script showing all the key MSTR metrics. I will update the script every time degen Saylor sells some more office furniture to buy BTC. All based around valuing MSTR, aside from its BTC holdings. I.e. the true market cap = enterprise value - BTC holdings. Hence, you're left with the value of the software business + any premium/discount decided by investors. From this we can derive: - BTC Holdings % of enterprise value - Correlation to BTC (in this case we use CME futures...may change this) - Equivalent Share Price (true market cap divided by shares outstanding) - P/E Ratio (equivalent share price divided by quarterly EPS estimates x 4) - Price to FCF Ratio (true market cap divided by FCF (ttm)) - Price to Revenue (^ but with total revenue (ttm))
Pine Script™ indicator
by Pinnacle_Investor
5
Aggregated On Balance Volume - InFinitoOn Balance Volume calculated with aggregated and normalized volume data and a few other features: Aggregation code originally from Crypt0rus Candle Plotting code from LonesomeTheBlue ***The indicator can be used for any coin/symbol to aggregate volume, but it has to be set up manually*** As normal OBV, this indicator can be used to find divergences and to have an idea of volume flow. Using aggregated data makes it more accurate and allows to compare volume flow between different kinds of markets (Spot, Futures, Perpetuals, Futures+Perpetuals and All Volume). As well, in order to make the data as accurate as possible, the data from each exchange aggregated is normalized to report always in terms of 1 BTC. In case this indicator is used for another symbol, the calculations can be adjusted manually to make it always report data in terms of 1 contract/coin. Extra features: - Based off LonesomeTheBlue, OBV can be plotted as candles and as Heiken Aishi candles (which give wick information) - A Moving Average (SMA, EMA, WMA, RMA, VWMA) can be plotted to the OBV. This can be used as a confluent signal to enter a trade on a crossover or to know the strength of the current move. - The OBV basis can be reset to 0 periodically, making it more oscillator-like and allowing to focus only on a certain period of time.
Pine Script™ indicator
by In_Finito_
11
On Balance Volume wi Normalization (OSC)Hello everyone, I'm sorry that the previous open-source version was hidden due to the house rules, I've re-edited the description and re-posted it (1) Indicator introduction This indicator is a normalized OBV that never dulls and has a better divergence accuracy than RSI This indicator is plotted on the Normalized OBV and can display the divergence locations and corresponding divergence intensity The tolerance of N Klines at the top or bottom positions for price and indicator is supported, which is set by the "Tolerant Kline Number" Support the display of divergence intensity, that is, the REG/HID value displayed on the label, which is less than 0. The smaller the intensity value, the more obvious divergence Support the filtering of divergence intensity, which is set by "Cov Threshold". The divergence that REG/HID divergence intensity greater than this value will be ignored In the label, REG indicates regular top/bottom divergence while HID indicates hidden top/bottom divergence In the label, SRC(x-y) indicates a divergence occurred from the x-th kline to the y-th kline In the label, OSC(x-y) indicates a divergence occurred from the indicator corresponding to the x-th kline to the y-th kline (2) Parameter introduction - Normalized On Balance Volume MA Type: Type of moving average for calculating the normalized OBV, default is SMA MA Period: Period of moving average of normalized OBV, which is SMA14 by default NOBV Sigma: Upper and lower range of normalized OBV - Normalized On Balance Volume Divergence Pivot Lookback Right: Number of K-line bars recalling the pivot top/bottom point to the right Pivot Lookback Left: Number of K-line bars recalling the pivot top/bottom point to the left Max of Lookback Range: Maximum number of retracing K-line bars to find the pivot top/bottom point Min of Lookback Range: Minimum number of retracing K-line bars to find the pivot top/bottom point Tolerant Kline Number: Maximum tolerance in indexing top/bottom points of Klines and indicators Cov Threshold: Divergence intensity, which is less than 0. The smaller the intensity value, the more obvious divergence Plot Bullish: Whether to draw regular bullish divergence label Plot Hidden Bullish: Whether to draw hidden bullish divergence label Plot Bearish: Whether to draw regular bearish divergence label Plot Hidden Bearish: Whether to draw hidden bearish divergence label Happy trading and enjoy your life! ———————————————————————————————————————— 各位朋友大家好，很抱歉之前的开源版本因为规则原因被隐藏，我已经重新编辑了说明并重新发布 (1) 指标说明 该指标是 OBV 的归一化版本，永不钝化，背离准确率高于 RSI 该指标绘制于 归一化OBV 上，并在对应位置显示背离点以及背离程度 支持顶底位置 N 根K线的容差，由 Tolerant Kline Number 参数设置 支持背离强度的显示，即标签上显示的 REG/HID 值，该值小于 0，且越小说明背离程度越大 支持背离强度的过滤，由 Cov Threshold 参数设置， REG/HID 值大于这个值的背离会被忽略 标签中，REG 表示常规顶/低背离，而 HID 表示隐藏顶/底背离 标签中，SRC(x-y) 表示从当前第 x 根 bar 开始到第 y 跟 bar 出现背离 标签中，OSC(x-y) 表示从当前第 x 根 bar 所对应的指标开始到第 y 跟 bar 所对应的指标出现背离 (2) 参数说明 - Normalized On Balance Volume MA Type: 计算归一化 OBV 的移动平均的类型，默认为 SMA MA Period: 计算归一化 OBV 的移动平均的周期，默认为 SMA14 NOBV Sigma: 归一化 OBV 的过滤区间 - Normalized On Balance Volume Divergence Pivot Lookback Right: 枢纽顶/底点往右回顾的 K线 bar 数量 Pivot Lookback Left: 枢纽顶/底点往左回顾的 K线 bar 数量 Max of Lookback Range: 回寻找枢纽顶/底点的最大回溯 K线 bar 数量 Min of Lookback Range: 回寻找枢纽顶/底点的最小回溯 K线 bar 数量 Tolerant Kline Number: K线和指标的顶/底点索引的最大误差 Cov Threshold: 背离程度，该值小于 0，且越小说明背离程度越大 Plot Bullish: 是否绘制常规底背离提示 Plot Hidden Bullish: 是否绘制隐藏底背离提示 Plot Bearish: 是否绘制常规顶背离提示 Plot Hidden Bearish: 是否绘制隐藏顶背离提示 祝大家交易愉快
Pine Script™ indicator
by dandrideng
2
On Balance Volume wi Normalization (SRC)Hello everyone, I'm sorry that the previous open-source version was hidden due to the house rules, I've re-edited the description and re-posted it (1) Indicator introduction This indicator is a normalized OBV that never dulls and has a better divergence accuracy than RSI This indicator is plotted on the klines and can display the divergence locations and corresponding divergence intensity The tolerance of N Klines at the top or bottom positions for price and indicator is supported, which is set by the "Tolerant Kline Number" Support the display of divergence intensity, that is, the REG/HID value displayed on the label, which is less than 0. The smaller the intensity value, the more obvious divergence Support the filtering of divergence intensity, which is set by "Cov Threshold". The divergence that REG/HID divergence intensity greater than this value will be ignored In the label, REG indicates regular top/bottom divergence while HID indicates hidden top/bottom divergence In the label, SRC(x-y) indicates a divergence occurred from the x-th kline to the y-th kline In the label, OSC(x-y) indicates a divergence occurred from the indicator corresponding to the x-th kline to the y-th kline (2) Parameter introduction - Normalized On Balance Volume MA Type: Type of moving average for calculating the normalized OBV, default is SMA MA Period: Period of moving average of normalized OBV, which is SMA14 by default NOBV Sigma: Upper and lower range of normalized OBV, but the function is reserved - Normalized On Balance Volume Divergence Pivot Lookback Right: Number of K-line bars recalling the pivot top/bottom point to the right Pivot Lookback Left: Number of K-line bars recalling the pivot top/bottom point to the left Max of Lookback Range: Maximum number of retracing K-line bars to find the pivot top/bottom point Min of Lookback Range: Minimum number of retracing K-line bars to find the pivot top/bottom point Tolerant Kline Number: Maximum tolerance in indexing top/bottom points of Klines and indicators Cov Threshold: Divergence intensity, which is less than 0. The smaller the intensity value, the more obvious divergence Plot Bullish: Whether to draw regular bullish divergence label Plot Hidden Bullish: Whether to draw hidden bullish divergence label Plot Bearish: Whether to draw regular bearish divergence label Plot Hidden Bearish: Whether to draw hidden bearish divergence label Happy trading and enjoy your life! ———————————————————————————————————————— 各位朋友大家好，很抱歉之前的开源版本因为规则原因被隐藏，我已经重新编辑了说明并重新发布 (1) 指标说明 该指标是 OBV 的归一化版本，永不钝化，背离准确率高于 RSI 该指标绘制于 K线 上，并在对应位置显示背离点以及背离程度 支持顶底位置 N 根K线的容差，由 Tolerant Kline Number 参数设置 支持背离强度的显示，即标签上显示的 REG/HID 值，该值小于 0，且越小说明背离程度越大 支持背离强度的过滤，由 Cov Threshold 参数设置， REG/HID 值大于这个值的背离会被忽略 标签中，REG 表示常规顶/低背离，而 HID 表示隐藏顶/底背离 标签中，SRC(x-y) 表示从当前第 x 根 bar 开始到第 y 跟 bar 出现背离 标签中，OSC(x-y) 表示从当前第 x 根 bar 所对应的指标开始到第 y 跟 bar 所对应的指标出现背离 (2) 参数说明 - Normalized On Balance Volume MA Type: 计算归一化 OBV 的移动平均的类型，默认为 SMA MA Period: 计算归一化 OBV 的移动平均的周期，默认为 SMA14 NOBV Sigma: 归一化 OBV 的过滤区间，其功能暂时保留 - Normalized On Balance Volume Divergence Pivot Lookback Right: 枢纽顶/底点往右回顾的 K线 bar 数量 Pivot Lookback Left: 枢纽顶/底点往左回顾的 K线 bar 数量 Max of Lookback Range: 回寻找枢纽顶/底点的最大回溯 K线 bar 数量 Min of Lookback Range: 回寻找枢纽顶/底点的最小回溯 K线 bar 数量 Tolerant Kline Number: K线和指标的顶/底点索引的最大误差 Cov Threshold: 背离程度，该值小于 0，且越小说明背离程度越大 Plot Bullish: 是否绘制常规底背离提示 Plot Hidden Bullish: 是否绘制隐藏底背离提示 Plot Bearish: 是否绘制常规顶背离提示 Plot Hidden Bearish: 是否绘制隐藏顶背离提示 祝大家交易愉快
Pine Script™ indicator
by dandrideng
3
OBV Oscillator [LazyBear]- with some MAsThis indicator in modified OBV written by @LazyBear I just added the 2 different Bollinger Bands and 2 different moving averages to the OBV version of LazyBear. OBV line green -> OBV above zero OBV line red -> OBV under zero green background line -> OBV crossover 1st Moving Average red background line -> OBV crossunder 1st Moving Average blue '◆' -> OBV crossover 2nd Moving Average yellow '◆' -> OBV crosunder 2nd Moving Average blue '+' -> 1st Moving Average crossUNDER 2nd Moving Average red '+' -> 1st Moving Average crossOVER 2nd Moving Average
Pine Script™ indicator
by LordOfTheBlockchains
DMI RSI AO 3 indicators in 1 overlayThis is simple indicators that plot 3 indicators DMI, RSI and AO on 1 pane How to use: you can add on your chart and edit color and display in setting page of indicators The directional movement index (DMI) is an indicator developed by J. Welles Wilder in 1978 that identifies in which direction the price of an asset is moving. The indicator does this by comparing prior highs and lows and drawing two lines: a positive directional movement line (+DI) and a negative directional movement line (-DI). An optional third line, called the average directional index (ADX), can also be used to gauge the strength of the uptrend or downtrend. When +DI is above -DI, there is more upward pressure than downward pressure in the price. Conversely, if -DI is above +DI, then there is more downward pressure on the price. This indicator may help traders assess the trend direction. Crossovers between the lines are also sometimes used as trade signals to buy or sell. The relative strength index (RSI) is a momentum indicator used in technical analysis that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator (a line graph that moves between two extremes) and can have a reading from 0 to 100. The indicator was originally developed by J. Welles Wilder Jr. and introduced in his seminal 1978 book, “New Concepts in Technical Trading Systems.”1 Traditional interpretation and usage of the RSI are that values of 70 or above indicate that a security is becoming overbought or overvalued and may be primed for a trend reversal or corrective pullback in price. An RSI reading of 30 or below indicates an oversold or undervalued condition. Awesome Oscillator is developed by famous technical analyst and charting enthusiast Bill Williams. Awesome Oscillator (AO) is an indicator that is non-limiting oscillator, providing insight into the weakness or the strength of a stock. The Awesome Oscillator is used to measure market momentum and to affirm trends or to anticipate possible reversals. It does this by effectively comparing the recent market momentum, with the general momentum over a wider frame of reference.
Pine Script™ indicator
by EW_T
2
Gann SqrootGann indicators—based on trading techniques developed by W.D. Gann—are used in predicting support and resistance levels, as well as predict tops, bottoms, and future price moves. Gann studies have been used by active traders for decades, and even though the futures and stock markets have changed considerably, they remain a popular method of analyzing an asset's direction. Gann angles are a popular analysis and trading tool that are used to measure key elements, such as pattern, price, and time
Pine Script™ indicator
by abiabhishek18
4
NYSE Advance/Decline Line 1.0NYSE Advance/Decline Line is a Market Breath indicator. Brought to you by IQ-trading (Andrei Bogdan) via Trading View Pine script. If you find this helpful in anyway, please leave a like! A/D line calculates a ratio between total number of NYSE stocks advancing and total number of NYSE stocks declining in one day, providing another way to grasp the market breath at any moment. Green columns mean more than 50% of NYSE stocks are advancing, red columns mean more than 50% of NYSE stocks are declining. Green values above the top band mean correlation to the upside, red values bellow the low band mean correlation to the downside. Correlation means rising probability of capitulation (to the upside or to the downside). For a better interpretation, NYSE Advance/Decline Line should be used in conjunction with other indicators (volatility, volume, etc.).
Pine Script™ indicator
by IQ-trading
3
UpVol/TVol NYSE Lowry Upside DaysTakes Tradingviews Upside Volume for NYSE and divides it by Total Volume on NYSE. Tradingview's data source generally has different volume figures than say the Wall Street Journal. Therefore, this indicator is an estimate. 10% upside volume shows extreme panic and is consistent with market sell offs. 90% upside days, following a decline, are often occur within a week or so of significant market bottoms. Recommend using columns as the plot type. Based on research of LowryResearch Corp.
Pine Script™ indicator
by CoryMitchell-CMT
3