Market ProfileHello All,
This is Market Profile script. "Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer. Steidlmayer was seeking a way to determine and to evaluate market value as it developed in the day time frame. The concept was to display price on a vertical axis against time on the horizontal, and the ensuing graphic generally is a bell shape--fatter at the middle prices, with activity trailing off and volume diminished at the extreme higher and lower prices." You better search it on the net for more information, you can find a lot of articles and books about the Market Profile.
You have option to see Value Area, All Channels or only POC line, you can set the colors as you wish.
Also you can choose the Higher Time Frame from the list or the script can choose the HTF for you automatically.
Enjoy!
Breadth Indicators
Stocks Advance/Decline HistogramStocks Advance/Decline Histogram indicator, which I call ADH is my own implementation that plots an histogram of the difference between the number of advancing and declining stocks on a daily basis (or higher time frame) for the NASDAQ and NYSE.
How to use it?
Green: More NYSE stocks are advancing than declining.
Red: More NYSE stocks are declining than advancing.
Light Green: More NASDAQ stocks are advancing than declining.
Light Red: More NASDAQ stocks are declining than advancing.
Note: Advance/Decline data is based on daily or higher time frames.
FANGMAN DIXUpdating the name to FANGMAN DIX after adding NVDA. To use, turn off most plots in the settings and just turn on what you want to see. Adjust the length of MAs in the settings.
MS COT Commercial OscillatorStochastics indicator on the COT commercials net positions. It looks for the actual level of this value inbetween the extreme values of the lookback period. A value above 80 oder 90 percent is interpreted as a bulllish extreme, a value below 20 or 10 percent is interpreted accordingly a bearish. In fact the absolute level of the commercials net positions should be considered as well. The default value for the lookback period is 26 weeks. Higher values reduce the number of signals but increase their quality.
This script actually was inspired by someone but I forgot by whom :-) ... my apology!
MS COT Data Series V0.9This script reads the freely available weekly CoT data from Quandl and displays it as a graph. Threshold values for identifying extremes can be set.
Cumulative High Low IndexThis indicator tells how many days it is making new HighLowPeriod highs or lows in Lookback period.
If bar makes new HighLowPeriod high, HighLow index for that bar is +1
If bar makes new HighLowPeriod low, HighLow index for that bar is -1
Cumulative high low index is sum of HighLow index for Lookback periods.
Optional moving average can also be applied on this index
Buying Selling Volume low lagOriginally written by @ceyhun
I added a low lag filter to key components to smooth the bars. The user can adjust the parameters 'fast' and 'slow' to tune.
capam
The original comments of ceyhun are below repeated:
Buying Selling Volume
-Buy Volume
-Sell Volume
-Buy Volume Percent %
-Sell Volume Percent %
-Volume Index
-Buy Sell Volume-
BuyVolume>SellVolume=Blue barcolor
SellVolume>BuyVolume=Purple barcolor
-Volume Index-
VolumeIndex>length and close > open =Cyan barcolor
VolumeIndex>length and close < open =Gray barcolor
VolumeIndex<=length = Yellow barcolor
NYSE Advance/DeclineAn indicator for traders who trade intraday on the US market. It makes use of the symbols made available by TradingView to show the number of advancing vs declining stocks.
The GREEN AREA represents advancing issues. The INTENSE GREEN AREA represents the advancing issues at daily high.
The RED AREA represents declining issues. The INTENSE RED AREA represents the declining issues at daily low.
The part above the BLUE LINE represents issues which are trading above their VWAP (volume-weighted average prices).
Multi Time Frame CandlesHello Traders,
This script can show (upto) 3 candles of another time frames without changing chart time frame realtime . You can choose the time frame and number of candles in the options. You have option to change body and wick colors as well.
in this example number of candles is 2:
You can set body and wick colors:
In this example, weekly candles are shown on 1h chart:
Enjoy!
Fear/Greed IndexMy goal was to create something akin to the Fear & Greed Index ( money.cnn.com ) that CNN and others do.
A Fear/Greed Index can be used by any trader or investor but I believe it's best viewed with a contrarian's eye--
When the market appears to be signalling Extreme Fear, that is a good place to start buying from emotional players who want to sell no matter the price
When signalling Extreme Greed, that may be a good place to start taking profits off or getting hedged, as there may be too much exuberance in the air
Important to note and remember, however, is that there can often times be fear in the air for good reasons! I like to see this as if we dip into extreme fear and return shortly after, the fear may warrant constraint from buying, or returning back to extreme greed may be a very strong market extension
The script draws from several other tickers which I have read and personally observed to be decent macro correlations for the stock market (specifically the SP500). For the state of each of these metrics I gave a rating, good or bad, then added them together and put it into your standard Stochastic.
These macro correlations include--
The % of stocks in the SP500 above multiple Simple Moving Average lengths
VIX and its term-structure (contango, backwardation)
Treasury Bonds
Gold
Junk/High Yield Bonds
The Put/Call Ratio
The SP500 Options Skew
Advancing and Declining Issues
On some of these I opted to use a function for the Relative Momentum Index instead of RSI, as the RMI oscillates better (in my opinion). I also used a Band-Pass Filter/Double EMA for smoothing the results of the stochastic.
A LOT of these numbers were made to my own observation and discretion and can get out-dated over time. With that said, PLEASE feel free to revise, fine tune, modify this as you wish to optimize yours. And please let me know if I have made any mistakes here or something should be added.
VIX MTF MomentumSweet little momentum gadget to track the VIX Index.
What is the VIX?
The CBOE S&P 500 Volatility Index (VIX) is known as the 'Fear Index' which can measure how worried traders are that the S&P 500 might suddenly drop within the next 30 days.
When the VIX starts moving higher, it is telling you that traders are getting nervous. When the VIX starts moving lower, it is telling you that traders are gaining confidence.
VIX calculation?
The Chicago Board of Options Exchange Market Volatility Index (VIX) is a measure of implied volatility (Of the S&P 500 securities options), based on the prices of a basket of S&P 500 Index options with 30 days to expiration.
How to use:
If VIX Momentum is above 0 (RED) traders are getting nervous.
If VIX Momentum is below 0 (GREEN) traders are gaining confidence.
Follow to get updates and new scripts: www.tradingview.com
Low - High Simple TrackerYet another "Low - High" indicator using the new Pine Script Arrays.
The indicator uses the latests Lows and Highs to plot a trend line and reversal/slowdown.
More detailed explanation inside the script.
Enjoy!
Green - Up Trending
Red - Down Trending
White - Slow Down/Reversal might occur.
Made for educational purposes of how to use Arrays, yet can be very useful.
Support Resistance - Aging [Example]Hello All,
First all of Thanks to Pine Team for adding Arrays to Pine!
In this script I tried to make example for
1. Finding S/R lines using highest/lowest function
2. Using 1D array as 2D (we keep S/R levels and age)
3. "Age" usage for S/R levels, getting older on each candle and changing colors by their age (maximum age is 127 then it disappears)
You can use "Close"/Open " or " High/Low " as source.
There is an option for the background color, by default it's Black, do not forget to set it accordingly :)
Enjoy!
cum1or-1DeepL Translation-------------------------------------------------------------------------------------------------------------------------------------------
If you compare the positive line to 1 and the negative line to -1,
and then add them together, you can see how the shape changes compared to the price chart
This is an indicator that I made to look at.
It is subjective, but I think it is easy to understand the trend.
日本語---------------------------------------------------------------------------------------------------------------------------------------------------------
陽線を1、陰線を-1としその合計を出した価格チャートと比較して形がどのように変化するか、
見てみたいと思い作ったインジケーターです。
主観になりますがトレンドが分かりやすいかなと思います。
VVOscillator [nb]Multiple volume oscillators in one.
Description:
As Warren Guppet once said, be “fearful when others are buying less, and greedy when others are selling less.”
Divergences are the main point of usage of all bundled indicators.
OBV Oscillator, remade. The formula has been changed to smooth out the way OBV is calculated during a trending move
OBV Oscillator, original OBV formula.
Price Volume Trend Oscillator. Similar to OBV, except price is taken into account as well.
Price Volume Trend Oscillator, log.
Accumulation/Distribution. (close - low) - (high - close) / (high - low), then multiplied by volume
Chaikin Money Flow . Very similar to accum/dist except it was already made into an oscillator.
OBV just by itself. Change style to line for easier interpretation.
Experimental function that utilizes a part of CCI
This is the unedited "Variable Volume Oscillator v1" released for free use. In the time since I've created it, I've realized it's something I'd like to share because I like it and hope you will too.
Example: Monte Carlo SimulationExperimental:
Example execution of Monte Carlo Simulation applied to the markets(this is my interpretation of the algo so inconsistencys may appear).
note:
the algorithm is very demanding so performance is limited.
High - Low Trend TunnelHigh - Low Trend Tunnel Experiment.
Using latest pinescript Array support!
Plotting Highest highs and Lowest lows for specific length (can be defined in settings).
The blue line is whom determinate the direction.
Blue line is the average of the highest highs and lowest lows smoothed by EMA.
Green - Up Trending.
Red - Down Trending.
Yellow - Squeeze, a reversal might be coming.
Any suggestions/comments are welcome as this is an experiment.
TMSignal Trend Channel V1.0TMSignal Trend Channel V1.0: Automatically calculates bullish , bearish or lateral channels. %Pearson's R is added for better trend analysis.
Deviations can be configured and adjusted for greater precision in the marked channels.
We hope you like it! Contact us any question or improvement suggestions.
High/Low meterUsing the new 'pinescript' array support to build an High/Low tunnel meter.
Using the Array to save only X HIGHEST HIGHS and Y LOWEST LOWS.
By the X and Y i build a tunnel - X is the top line (highs) and Y bottom line (lows)
Green - Up Trending
Red - Down Trending
Yellow - Reversal / drawback might occur.
Rain On Me PRO 3/3This is the part 3 of Rain On Me PRO. It follow my two other indicators "Rain On Me" and "Rain On Me V2". This version is called "PRO" because it is less "user-friendly" than the two previous versions. But it is more faster, and cleaner than ever!
This indicator is separated into 3 parts. You can find all parts into my profile in the « Scripts » section. Once the 3 parts together, the indicator is complete.
Here are the features for this part:
-MTF Fibonacci on 10 levels with level 0 in the middle and an "info panel" to indicate you the key levels. You can set an alert for each level cross.
-MTF High/Low (Red dots is last low and green dots is last high).
-Bollinger.
-Ichimoku Cloud with baseline (red) and alerts (SenkouA and SenkouB Cross or Tenkan and Kijun Cross).
Everything is fully customizable in settings.
To place an alert, always choose the "Once per bar" option.
Many functions are still to come. So don't hesitate to report bugs, suggestions and follow me to always be kept informed of the next updates to come!
//ALWAYS DELETE INDICATOR AND ALERTS AND RESET THEM AFTER AN UPDATE!
Thank again everyone for your support!
A BIG THANKS TO QUANTNOMAD FOR GIVING ME ITS AUTHORIZATION TO USE, MODIFY AND REPUBLIC ITS "Ultimate Pivot Points Alerts" script indicator:
Good trade everyone! And remember, money management is the most important!
Rain On Me PRO 2/3This is the part 2 of Rain On Me PRO. It follow my two other indicators "Rain On Me" and "Rain On Me V2". This version is called "PRO" because it is less "user-friendly" than the two previous versions. But it is more faster, and cleaner than ever!
This indicator is separated into 3 parts. You can find all parts into my profile in the « Scripts » section. Once the 3 parts together, the indicator is complete.
Here are the features for this part:
-Support/Resistance and Range lines (Red is Resistance, Yellow is Range, Green is Support).
-MTF Trend Line following the trend with red color for bearish trend and green color for bullish trend (Based on volume so it work only where the volume information flux is available).
-MTF Fractals with alerts. (Zigzag based on high and low).
Everything is fully customizable in settings.
To place an alert, always choose the "Once per bar" option.
Many functions are still to come. So don't hesitate to report bugs, suggestions and follow me to always be kept informed of the next updates to come!
//ALWAYS DELETE INDICATOR AND ALERTS AND RESET THEM AFTER AN UPDATE!
Thank again for your support!
Good trade everyone! And remember, money management is the most important!
TMsignal - Auto Fibonacci V1.0TMSignal Auto Fibonacci V1.0: Automatically calculates the Fibonacci Retracement + Extension of 161.8% in order to always have it plotted in a "millimeter" way.
At the same time, it allows viewing or removing the different levels, so that each one can be configured as desired.
We hope you like it! Contact us any question or improvement suggestions.