Get started

Breadth Indicators

Strategy Based on Percent of Stocks Above/Below Key MovingThis Strategy looks to buy the market after the percentage of stocks below the 20 SMA moving average drops below 30% and crosses back above it. The strategy outperforms buy and hold on the S&P and more importantly only has a max draw down of 11% which gives it a much better risk adjusted performance then buy and hold alone. It has three sell rules, 1. When the same indicator crosses into overbought territory. 2. Index Closes below the 200 SMA. 3. Stop Loss is triggered (default is Trailing stop loss). The indicator used can be found here : The Strategy has been coded so that all the variables can be adjusted so you can tweak it to get the best performance to whatever market you like. I have hard coded the best variables I could find to trade the AMEX:SPY . You can track market breadth on the following markets : Market Tickers Available = SP500 , DJI, NQ, NQ100, R2000, R3000, SP500 Financials, SP500 Materials, SP500 Energy, SP500 Staples, SP500 Discretionary, SP500 Industrials , SP500 Real Estates, Overall Market The strategy can be used on any of these moving averages : 20, 50, 100, 150, 200 You can adjust the greed and fear levels to change when the strategy takes trades at Overbought and Oversold Levels Stop Loss Two Stop losses are available a fixed stop loss based on an ATR value or a trailing % Stop Loss Regime Filters Two Regime filters are available: 1. a simple moving average (Strategy wont take trades under the 200 SMA) 2. Advance/Decline Filter Details can be found here: Date Filter
Pine Script™ strategy
by Esti0000
Newzage - Fed Net LiquidityThe Fed Net Liquidity indicator is a concept discovered by Max Anderson to calculate the fair value of SPX (S&P 500 Index). The formula he shared on Twitter uses the Fed Balance Sheet, TGA (Treasury General Account), and Reverse Repo. Net Liquidity = Fed Balance Sheet - (TGA + Reverse Repo) The data for each component above is accessible on the FRED website. Fed Balance Sheet fred.stlouisfed.org Treasury General Account (TGA) fred.stlouisfed.org Reverse Repo fred.stlouisfed.org This script uses net liquidity (NL) fair value calculation for SPX, then estimates entry and next target exit target for both long and short trades on SPY. The script added RSI oversold/overbought signal to the original NL signal from Max... improving the "precision" of the buy/sell signals. The script also uses RSI to estimate targets based on how overbought or oversold the index/SPY is.
Pine Script™ indicator
by azurablev
15
JSS: On Balance Volume//Date: 11-Oct-22 //Author: Jatinder Sodhi OBV Indicator with colour coding. Blue - Long Red - Short Best used for Intraday on 5 minute charts. Works well on other timeframes as well. @Inspired by Asit Baran's RankDelta:OBV Indicator //Not an exact replica as I have found one line correctly ema(obv,21) //Whereas second line ema(obv,5) corresponds closely with Asit's indicator values but not exact. //Advisable to use along with my RSI indicator based on Asit Baran's RankDelta:RSI indicator.
Pine Script™ indicator
by jatinder.sodhi
Altered OBV On MACDHere is another strategy along with an indicator that is already published for everyone to use wisely in the tradingview platform. The strategy is not very planned to highlight where to enter and when to exit as it is just a system. So, it is always good practice to follow the signal of simple moving averages and that is the reason you could find those color lines in this strategy as well. As the indicator signals the entry point, it is wise to decide what the SMA (21, 50, 90, 200) signals us. When the price oscillated around the higher timeframe of moving averages, then it is wise to wait before entering. OBV: The OBV is perfect indicator to understand the strength of the particular stock. As the strength increase, the trend of the stock goes high along with price. But, the OBV is considered only with close of previous close which is to make sure the double confirmation on the price to accumulate the volume . Altered OBV: So, here is the altered OBV, which basically consider the close of previous close and also buying interested of the day when close is higher than open. MACD: I always admire the magic of MACD with pre-defined timeframe. Now, this MACD applied on top of altered OBV to signal us the moving of the ticker strength. Long: The long entry occurs when the MACD on Altered OBV signal bullish and the same time the MACD on close already bullish. Short The short denotes when the MACD on Altered OBV signal bearish and at the same time the MACD on close already bearish. I hope this would help on your swing trading strategy. Happy Investing.
Pine Script™ strategy
by stocktechbot
Bhoomi INDICES 2.1Bhoomi 2.0 is a Market Directional Indicator. It predicts the same by plotting respective zones and Labels. To request access and to know more Information please contact us here. Bhoomi 2.0 INDICES works on the Major World Indices as listed on tradingview. More to come in future, but please find the current list below. If you do not see the INDEX you trades, please comment below and we will add that for you. "SPCFD:SPX" "TVC:IXIC" "DJCFD:DJI" "TVC:NI225" "CBOE:VIX" "TSX:TSX" "TVC:UKX" "XETR:DAX" "EURONEXT:PX1" "EURONEXT:PX1GR" "EURONEXT:PX1NR" "TVC:FTMIB" "TVC:NI225" "TVC:KOSPI" "TVC:SHCOMP " "SZSE:399001" "HSI:HSI" "TVC:STI" "ASX:XJO" "NZX:NZ50G" "TWSE:TAIEX" "FTSEMYX:FBMKLCI" "IDX:COMPOSITE" "TVC:SX5E" "BME:IBC" "SIX:SMI" "GPW:WIG20" "EURONEXT:AEX" "EURONEXT:BEL20" "INDEX:BEL20" "MOEX:IMOEX" "OMXHEX:OMXH25" "OMXICE:OMXI10" "OMXSTO:OMXS30" "OMXCOP:OMXC25" "BELEX:BELEX15" "OMXRSE:OMXRGI" "OMXTSE:OMXTGI" "OMXVSE:OMXVGI" "BIST:XU100" "TASE:TA35" "TVC:SA40" "NSE:NIFTY" "BSE:SENSEX" "DFM:DFMGI" "TADAWUL:TASI" "QSE:GNRI" "BAHRAIN:BSEX" "NSENG:NSE30" "EGX:EGX30" "BMFBOVESPA:IBOV" "BMV:ME" "BYMA:IMV" "BVC:ICAP" "BCS:SP_IPSA" "BVL:SPBLPGPT" "CURRENCYCOM:US500" "CURRENCYCOM:US300" "CURRENCYCOM:US100" "CURRENCYCOM:US30" "INDEX:DEU30" "CBOE:VXD" INDEX:DE40
Pine Script™ indicator
by AbsoluteAnalysis
1
Sector RotationThis script is attempt to create and observe the real-time and historical performance of the all major sectors of Indian Market in one screen. for Data Presentation I used Short sector names so that I can manage to get space and efficient presentable data. Short Names and Actual Sector Names BNF : CNX-BANKNIFTY IT : CNX-IT PRMA : CNX - PHARMA FMCG : CNX-FMCG AUTO : CNX-AUTO MTAL : CNX-METAL MDIA : CNX-MEDIA RLTY : CNX-REALTY IFRA : CNX-INFRA ENGY : CNX-ENERGY PSU-B : CNX-PSU-BANK PVT-B : NIFTY-PVT-BANK F-SRV : CNX-FINANCE CONSM : CNX-CONSUMPTION C-DUBL : NIFTY_CONSR_DURBL You can use this script in 30-min, Daily, Weekly and Monthly Time Frames. The green Square denotes the current Symbol Performance. The Blue Border boxes are created when one sector intersects other sector. In this Update following features are added Now users have control over sectors, what are all the sectors you wanted to plot you can select from the input menu. Currently user can highlight any one sector in different border color so that user can easily spot and track particular sector. This thicker blue line denotes lowest and highest point of the current timeframe.
Pine Script™ indicator
by Vignesh_vish
31
Symbols at Highs & LowsFor the chosen symbols (Defaults to XLV, XLF, IWM, QQQ), this displays a table that indicates (by color) if each symbol is at the high or low of day. When used with the main indexes, If all symbols are at highs or lows together, this can be a great indicator that a trend day is occurring in the market. You can customize the indicator to use up to 8 symbols of your choice. You can also customize the appearance so that it only displays an "All symbols are at the Lows/Highs" message. Finally, you can customize the % threshold to use when measuring how close to the high/low of day price needs to be in order to be considered "at high/low of day".
Pine Script™ indicator
by jmosullivan
6
Invest-Long : Script for quick checks before investingA simple script to verify RSI, SMAs, VWMA, and Pivots on Daily, Weekly, and Monthly time frames. In case if you are not interested in SMA's or want to add different cheks -- simply copy the script to local and edit. Happy investing. Add the script to any chart and table values remain the same irrespective of current chart resolution, as it checks on Daily, Weekly, and Monthly time frames. The table has multiple columns. 1st column checks on RSI value on all 3 timeframes. Ideally, look for all green and D>W>M 2nd Column: Check current Close is above 20 SMA and 50 SMA on Daily / Weekly / Monthly time frames 3rd Column: Check SMA 13> SMA 34, SMA 34 > SMA 55 and SMA 20 > SMA 50 on Daily / Weekly time frames 4th Column: Check Current close is above Weekly Pivot and Monthly Pivot. And also verify Close is above 4 Week High. 5th Column: Verify Close is above Daily VWMA. Also Daily VWMA is > Weekly VWMA and Weekly > Monthly. // Similarly you can add more checks based on different time frames Feel free to trouble me incase if need help.
Pine Script™ indicator
by rvc8280
High Accuracy Tops/BottomsThis script may be TradingView's most accurate tops & bottoms indicator ever published. Since it's experimental, I'm going to offer access to it free of charge. Send me a direct message requesting access. 5 years ago I joined TradingView and began studying price and the factors behind what causes bottoms and tops to form as well as how to find them. Fascinated by it, I spent years researching and discovered lot of different concepts that play an instrumental role with tops and bottoms: Market structure, price reactions, S/R , and much more. Through tons of experimenting, I ended up discovering a variety of NEW methods of identifying tops & bottoms. Through the years I've built up a script that has enabled the process for identifying tops and bottoms within the market to be much more convenient. This is currently experimental and still has a lot of potential for improvement. The objective of the indicator is to help identify absolute tops and bottoms, and so far it does a great job whenever it provides a signal. It works for practically all types of securities, and surprisingly, even if they are in illiquid markets. This indicator does NOT repaint whatsoever. Below are a few examples of it across different security types as well as different timeframes: Bitcoin Gamestop (GME) Luna / TetherUS Crude Oil (Commodities) Even spanning back centuries: The indicator should be used for the following: -Helping find potential entry points -Timing trades and improving risk management -Assisting with plotting top/bottom support and resistance levels -For higher timeframes, use in conjunction with market news or global headlines -For lower timeframes, use in conjunction with other indicators/trading tools This is not a buy & sell indicator.. This is a TOOL to help identify accurate entry points and craft decisions based upon it. Soon, I will be providing an updated version of it. It will include explicit details surrounding how it works and it's functions. My aim is to provide some level of value to the TradingView community in return for the great insight Tradingview and other platforms have insighted me with over price action.
Pine Script™ indicator
by PatternKing
116
E³ Up-Down Volume % (NASDAQ)This lower indicator will show what % a day's total market volume on the NASDAQ COMPOSITE is bullish or bearish. It shows a history of every day's reading on a lower indicator pane. Strong readings correspond to strong days and the differential in volume can often be ascertained from the market open and in the first 5-30 minutes of the market, to give you a sense of how the market might play out that day. It is especially good at predicting STRONGEST days as well as DOJI days (indecision days). EXAMPLES: A +1% reading would mean that there is 1% more up volume on the day than down volume, meaning it's nearly a DOJI day or indecisive day where up down volume is basically 50/50 and the day is not particularly bullish (or bearish). Same goes for a very low bearish reading such as -1%. an 80% BULLISH reading would mean that the day's volume differential is hugely favoring the bullside (buying demand). These days are so strong in sentiment that they usually end up being STRONG BULLISH CONTINUATION candles with little to no topside wick by the end of the day. Conversely an 80% bearish candle would mean an intensely strong sell-side volume day. TECHNICALLY: 90% bullish = 95% of the volume on the day is UP (very rare, ie: once every 2+ years) 80% bullish = 90% of the volume is UP (rare, ie: once or twice a year) 50% bullish = 75% of volume is UP (significant when it occurs, but not uncommon) 0-1% bullish = 50% of volume is up -50% bearish = 75% of the volume is DOWN -80% bearish = 90% of the volume is DOWN -90% bearish = 95% of the volume is DOWN OPTIMUM SETTINGS = Threshold Percent to 45-55% This means that roughly 3/4 of the volume transpiring(ed) on the day is either UP or DOWN and will color the histogram if levels are that strong (either bullish or bearish)
Pine Script™ indicator
by evanevansmusic
1
filbfilbs Better OBVThis indicator looks at the delta on the buying and selling volume of customizable lower timeframes to the timeframe selected and cumulates the delta between the buying and selling of those candles. For example on a 4-hour chart, it will look at the 1 min timeframes and consider the delta by LTF candle, ranter than the summised view on the 4-hour. In essence, it is trying to replicate CVD using time and price data without the order book, it becomes a "better, lower timeframe based, customizable OBV" It also prints divergence as squares above or below the chart, where, for example, there would be buying on LTFs but the HTF candle closes red, this would be shown as bearish divergence. Credit to Trading view and their up / down indicator, which this is a derivative of. Any questions please ask!
Pine Script™ indicator
by filbfilb
8
[TTI] IBD Eureka / Phoenix Thrusts––––History & Credit The indicator was taught to me by an advanced IBD Masterclass that I attended about 8 years ago. When it happens it is noteworthy. –––––What it does It shows when there is a positive breadth thrust. It calculates, based on IBD's backtested criteria a strong breadth thrust in either direction. Up or down. The IBD guidelines is to use the NYSE market for this but I have made it so that you can choose between NYSE, AMEX, NASDAQ. The best signals happen within 2 weeks of Follow Through Day. The indicator prints 2 signals only in a form of an arrow. 1. Eureka Thrust - this is the positive breadth thrust, prints under the bar pointing up 2. Phoenix Thrust - this is the negative breadth, prints over the bar pointing down –––––How to use it The arrows show positive or negative environment for trading. The results happen close to the turn of the trend. It should be used as part of the general market assessment. I use the indicator on the S&P500 or NASDAQ Composite Daily timeframe. I take into consideration this indicator to determine my market exposure.
Pine Script™ indicator
by TintinTrading
BT-Bollinger Bands - Trend FollowingEsse script foi criado para estudo de Backtest. O script usa as Bandas de Bollinger para indicar o início de uma tendência, a entrada é configurada quando o preço abre abaixo e fecha acima da banda superior ou para venda quando o preço abre acima e fecha abaixo da banda inferior. Não há um stop fixo e nem alvo fixo a saída se dá quando o preço toca a média da banda. Você pode usar uma média móvel como filtro combinado com a estratégia. O Script também pode ser usado com algum serviço de bot como 3commas.io , basta colocar as mensagens de entrada e saída para o bot. Autor : Credsonb - Nick: M4TR1X_BR Neste gráfico estou usando as seguintes configurações: Bandas Bollinger: 7 Desvio Padrão: 1.5 Time Frame: 12hs Ticker: ETH This script was created for Backtest study. script uses Bollinger Bands to indicate the start of a trend, entry is set when price opens below and closes above the upper band or for short when price opens above and closes below the lower band. There is no fixed stop and no fixed target, the exit occurs when the price touches the average of the band. You can use a moving average as a filter combined with the strategy. The Script can also be used with some bot service like 3commas. io , just put the input and output messages to the bot. Author : Credsonb - Nick: M4TR1X_BR
Pine Script™ strategy
by Credsonb
Moving Average Convergence Divergence On Alter OBVOBV: The OBV is perfect indicator to understand the strength of the particular stock. As the strength increase, the trend of the stock goes high along with price. But, the OBV is considered only with close of previous close which is to make sure the double confirmation on the price to accumulate the volume. Altered OBV: So, here is the altered OBV, which basically consider the close of previous close and also buying interested of the day when close is higher than open. MACD: I always admire the magic of MACD with pre-defined timeframe. Now, this MACD applied on top of altered OBV to signal us the moving of the ticker strength. I hope the another MACDAltOBV would help on your swing trading strategy. Happy Investing.
Pine Script™ indicator
by stocktechbot
1