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Breadth Indicators

Expanded Floor PivotsHello Everyone, The Expanded Floor Pivots is introduced in the book "Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market " by Franklin Ochoa. He added four new levels: S4, R4, BC and TC. There are many great ideas in the book, such using these levels, following trend, time price opportunity and much more. (Thanks to @tonyjab for pushing me to read this book) The definition/formula of the levels defined in the book: r1 = 2 * pivot - Low r2 = pivot + (High - Low) r3 = r1 + (High - Low) r4 = r3 + (r2 - r1) tc = (pivot - bc) + pivot pivot = (High + Low + Close) / 3 bc = (High + Low) / 2 s1 = 2 * pivot - High s2 = pivot - (High - Low) s3 = s1 - (High - Low) s4 = s3 - (s1 - s2) The area between TC and BC is used as Pivot Channel, (blue area in the chart). you can see how it helps on identifying the trend. Options: By default the script decides Higher Time Frame but if you want you can set HTF as you wish. You can choose line style as: Solid, Circles or Cross and also you have option to show only last period or all historical levels. Enjoy!
Pine Script™ indicator
by LonesomeTheBlue
35
Ichimoku Clouds Strong Bullish/Bearish signals and alertsIchimoku Clouds Strong Bullish/Bearish signals with allerts The Ichimoku cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s. It provides more data points than the standard candlestick chart. While it seems complicated at first glance, those familiar with how to read the charts often find it easy to understand with well-defined trading signals. We provide you easy-to-use script which helps to decrypt meaning of lines in the indicator. The script takes Ichimoku clouds indicator formulas to calculate Tenkan, Kijun, SenkouA, SenkouB values and examines them in order to produce buy ( Bullish ) and sell ( Bearish ) signals which are displayed at the chart The most appropriate time frame is 30m Custom alerts are added to send you a notice with a webhook when bullish or bearish signal arrives. You can easily add weak and neutral signals alerts by removing "//" in a specified place Feel free to copy and use this script for your ideas and trading. You can modify the script by adding Parabolic SAR in order to increase accuracy of positions closure
Pine Script™ indicator
by Skyrexio
22
Modified OBV w/ Divergence Detection by CryptorhythmsApirine OBV-M Modified OBV w/ MA Selection by Cryptorhythms Intro Released in the April 2020 issue of TASC, and created by Vitali Apirine. Description OBV-M is of course based on the classic indicator on balance volume originally developed by Joe Granville. Apirine then smooths the calculation and adds a signal line to help denote entry and exit points. As the author points out uts also great at showing divergences! Extras As usual when porting indicators to the library here on tradingview, I like to add some extra flare! 💠MA selection to allow you to experiment with alternate settings 💠Bar coloration based on trade state for easy visual at a glance chart checking 💠Divergence Detection and plotting thanks for Ricardo Santos' script Enjoy! 👍 We hope you enjoyed this indicator and find it useful! We post free crypto analysis, strategies and indicators regularly. This is our 78th script on Tradingview!
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Pine Script™ indicator
by theheirophant
30
Trend Lines v2Hello Everyone. After working on new and better trend lines script for couple of weeks, finally I am proud to publish Trend Lines v2. How it works? - On each bar it finds last 10 higher and lower Pivot Points (PP). - from first bar to 10. PP it search if a trend line is possible - for each it starts searching from the last PP. - it check if drawing a trend line possible or not and also it's broken or not - if it's broken then optionally it shows broken trend lines as dotted - if it finds a continues trend line and stop searhing more and draw trend line (I did this to make the script faster, otherwise you may get error because of it needs time more than .2sec) - the script makes this process for each PP optionally trend lines may be Solid or Dashed optionally you may get rid of broken trend lines if you think it's crowded and sometimes you may not see any trend line on the chart. this means you need to adjust the period for Pivot Points accordingly also I made a video. if you watch this video you can see how the script works. Important! after you add this tool to the chart you may need zoom-in and zoom-out to see all lines! I thought a lot to make it free or not then I decided make it free and open source. you should know there is a lot of effort for this script, so if you think this is usefull please consider a donation ;) Enjoy!
Pine Script™ indicator
by LonesomeTheBlue
222
Support Resistance - DynamicThis is Dynamic Support / Resistance script. How it Works? It finds Pivot Points and creates channels for each Pivot Point. Channel size is calculated by (Highest - Lowest) * %Channel_size in Loopback Period. After creating channels it calculates that how many Pivot Points in the channels. more Pivot Points in channel means stronger Support/Resistance. in the option menu there is S/R Strength, this is the minimum number of Pivot Points that each channel must contain to be S/R. calculation starts from last pivot point and go back for "loopback period" which is 300 by default. so last Pivot Points have more priority. Finally after calculating Support/Resistance it draws lines. Number of Support/Resistance line is Dynamic and up to 20 lines, that means number of lines changes dynamically. you can see how the script puts Suppport/Resistance lines dynamically by "Replay" button. (if I have time I will try to put a video) Currently the scripts checks up to 40 pivot points in loopback period. it shows up to 20 S/Rs only for visible area in the chart. There is option to Show S/R lines as Solid, Dotted or Dashed. Enjoy!
Pine Script™ indicator
by LonesomeTheBlue
158
Price Streak Is Another Way to Spot TrendsPrice is never wrong, but sometimes reading it can be tricky. Movements in the broader market or a sector can distract from a symbol that's been steadily trending in one direction or another. Sometimes the beginning of a move can also be so subtle that it flies under most people's radar. Price Streak can help overcome these limitations by tracking consecutive up/down periods. It plots an easy-to-read color-coded histogram. Because it simply counts the candles in a trend, Price Streak can give a clearer picture than magnitude-biased indicators like relative strength or MACD. Applying Price Streak to the daily chart of Bitcoin Dominance , we find something very interesting right now: the longest drop since March 2017. That moment in history, almost three years ago, marked the beginning of the last Altcoin bull market. Ethereum , for example, went from roughly $60 to over $1,300 in the following nine months. While past performance isn't a guarantee of future results, this illustrates how sustained price moves can reveal changes in character. Based on Price Streak's current reading, it may support the idea of another Altcoin cycle beginning now.
Pine Script™ indicator
by TradeStation
2
Trade System Crypto InvestidorTrade System created to facilitate the visualization of crossing and extensions of the movements with Bollinger bands. Composed by: Moving Averages of 21, 50, 100 and 200. Exponential Moving Averages: 17,34,72,144, 200 and 610. Bollinger bands with standard deviation 2 and 3. How it works? The indicators work together, however there are some important cross-averages that need to be identified. - Crossing the MA21 with 50, 100 and 200 up or down will dictate an up or down trend. - MA200 and EMA200 are excellent indicators of resistance and support zone, if the price is above these averages it will be a great support, if the price is below these averages it will indicate strong resistance. - Another important crossover refers to exponential moving averages of 17 to 72 indicates a possible start of a trend - The crossing of the exponential moving average of 34 with 144 will confirm the crossing mentioned above. - In addition, the exponential moving average of 610 used by Bo Williams is an excellent reference for dictating an upward or downward trend, if the price is above it it will possibly confirm an upward trend and the downside. - To conclude we have bollinger bands with standard deviation 2 and 3, they help to identify the maximum movements.
Pine Script™ indicator
by CryptoInvestidor
45
Trend LinesHello Everyone! This is my new trend lines script (after beta version that was published almost one year ago) The idea is to find Pivot Highs (PH) and Pivot Lows(PL) first. Then, If current PH is smaller then previous PH (means no new higher high and possible downtrend) then draw trend line using them. and also it checks previous trend line (if exits) and if current angle is smaller then don't extend previous one. Same idea when using Pivot Lows, If current PL is higher then previous PL (means no new lower low and possible uptrend) then draw trend line using them. and also it checks previous trend line (if exits) and if current angle is smaller then don't extend previous one. Optionally style of old trend lines drawn as dashed. Hope you enjoy it!
Pine Script™ indicator
by LonesomeTheBlue
58
Market Delta [Makit0]MARKET DELTA INDICATOR v0.5 beta Market Delta is suitable for daytrading on intraday timeframes, is a volume based indicator which allows to see the UP VOLUME vs the DOWN VOLUME, the DELTA (difference) and the CUMULATIVE DELTA (cumulative sum of difference) between them This indicator is based on contracts volume (data avaiable), not in ask/bid volume (data not avaiable) The up/down volume is calculated at each candle as follows: - calculate the ticks of the range, top wick and bottom wick - calculate the ticks up and ticks down to get the total ticks of the candle - calculate the volume per tick as total volume divided by total ticks - calculate the up and down volume as volume per tick multiplied by up ticks and down ticks The delta is calculated as volume up minus volume down The cumulative delta is a cumulative sum of delta and is resetted to 0 twice a day at the globex open and at the us cash open By default the indicator plots the 'CANDLE MODE' which is useful for charting the cumulative volume to find out support and resistance zones where the volume is rejected or pass thru, as the volume moves so does the price, price always follows the volume, price goes away from where volume dries and price auctions comfortable where is plenty of volume, in a way PRICE FEEDS ON VOLUME An indication about the plotting style in the volume, delta and cumulative delta modes: I can't use histogram as intended due a bug at autoresizing the scale in the candle mode, so the styles used are areabr and circles. FEATURES - Plot volume in one of four modes: Volume Up/Down, Delta, Cumulative Delta, Cumulative Delta as Candles - Cumulative delta resetted twice a day (globex and cash open) - Show a base line at 0 SETTINGS - Mode: select one of the four volume output modes: Volume, Delta, Cumulative Delta and Candles. Candles by default - Show zero line: show/hide the zero base line. False by default. HOW TO SETTING UP THE INDICATOR: BE AWARE, by default the indicator settings are configured for using the Cumulative Delta Candle Mode - Candles Mode Settings: configured by default, mode candles and zero line off - Volume, Delta, Cumulative Delta Mode Settings: select the mode you want and switch on/off the zero line GOOD LUCK AND HAPPY TRADING
Pine Script™ indicator
by makit0
22
BEST Dollar Cost AverageHello traders This is an upgraded version of my Dollar Cost Average (Data Window) script 1 - What is Dollar-Cost Averaging ( DCA )? Dollar-Cost Averaging is a strategy that allows an investor to buy the same dollar amount of investment at regular intervals. The purchases occur regardless of the asset's price. I hope you're hungry because that one is a biggie and gave me a few headaches. Happy that it's getting out of my way finally and I can offer it 🔸 This indicator will analyze for the defined date range, how a dollar-cost average ( DCA ) method would have performed (green panel) versus investing all the hard earnt money at the beginning (orange panel) => green versus orange 2- What's on the menu today? My indicator works with all asset classes and with the daily/weekly/monthly inputs. ⚠️⚠️⚠️ However, results are only visible on the DAILY timeframe chart As always, let's review quickly the different fields so that you'll understand how to use it (and I won't get spammed with questions in DM ^^) 🔸 Use current resolution: if checked will use the resolution of the chart 🔸 The timeframe used for DCA: different timeframe to be used if Use current resolution is unchecked 🔸 Amount invested in your local currency: The amount in Fiat money that will be invested at each period selected above 🔸 Starting Date 🔸 Ending Date 🔹 The script screenshot shows a DCA with 100 USD invested daily from 01.01.2017 to 01.28.2020 3- Bonus (DATA WINDOW) 🔸 Please check this screenshot to understand what you're supposed to see: Data window And a quick video that I did months ago explaining how we can use this data window effectively 4 - Specifications used I got the idea from this website dcabtc.com and the result shown by this website and my indicator are very interesting in general and for your own trading The formula used for the DCA calculation is the one from the Investopedia website. Best regards and best of luck Dave
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Pine Script™ indicator
by Daveatt
14
Market Internals [Makit0] MARKET INTERNALS INDICATOR v0.5beta Market Internals are suitable for day trade equity indices, named SPY or /ES, please do your own research about what they are and how to use them This scripts plots the NYSE market internals charts as an indicator for an easy and full visualization of market internal structure all in one chart, useful for SPY and /ES trading Description of the Market Internals - TICK: NYSE stocks ticking up vs stocks ticking down, extreme values may point to trend continuation on trending days or reversal in non trending days, example of extreme values can be 800 and 1000 - ADD: NYSE stocks going up vs stocks going down, if price auctions around the zero line may be a non trend day, otherwise may be a trend day - VOLD: NYSE volume of stocks up vs volume of stocks going down, identify clearly where the volume is going, as example if volume is flowing down may be a good idea no to place longs - TRIN: NYSE up stocks vs down stocks ratio divided by up volume vs down volume ratio. A value of 1 indicates parity, below that the strength is on the long side, above the strength is in the short side. A basic use of market internals may be looking for divergences, for example: - /ES is trading in a range but ADD and VOLD are trending up nonstop, may /ES will break the range to the upside - /ES is trading in a range and ADD and VOLD are trading around the zero line but got an extreme reading on TICK, may be a non trending day and the TICK extreme reading is at one of the extremes of the /ES range, may be a good probability trade to fade that move - /ES is trading in a trend to the downside, ADD and VOLD too, you catch a good portion of the move but are fearful to flat and miss more gains, you see in the TICK a lot of extreme values below -800 so your're confident in the continuation of the downtrend, until the TICK goes beyond -1000 and you use that signal to go flat Market internals give you context and confirmation, price in /ES may be trending but if market internals do not confirm the move may a reversal is on its way Price is an advertise, you can see the real move in the structure below, in the behavior of the individual components of the market, those are the real questions: - How many stocks are going up/down (ADD) - How many volume is flowing up/down (VOLD) - How many stocks are ticking up/down (TICK) - What is the overall volume breath of the market (TRIN) FEATURES: - Plot one of the four basic market internal indices: TICK, ADD, VOLD and TRIN - Show labels with values beyond an user defined threshold - Show ZERO line - Show user defined Dotted and Dashed lines - Show user defined moving average SETTINGS: - Market internal: ticker to plot in the indicator, four options to choose from (TICK, ADD, VOLD and TRIN) - Labels threshold: all values beyond this will be ploted as labels - Dot lines at: two dotted lines will be plotted at this value above and below the zero line - Dash lines at: two dashed lines will be plotted at this value above and below the zero line - MA type: two options avaiable SMA (Simple Moving Average) or EMA (Exponential Moving Average) - MA length: number of bars to calculate the moving average - Show zero line: show or hide zero line - Show dot line: show or hide dotted lines - Show dash line: show or hide dashed lines - Show labels: show or hide labels GOOD LUCK AND HAPPY TRADING
Pine Script™ indicator
by makit0
19
[fikira] Harmonic Patterns TESTAs requested a TEST script when possible future Harmonic Patterns may occur, in this case the ABCD pattern. When A, B, C are valid, the script will plot 2 lines between A-B and B-C, together with 2 white arrows,,where D MUST be in the future to become a valid ABCD pattern. First of all, D MUST be a Pivot point, after which D must lay between D- and D+ In a Bearish example D- is the minimal value of D, D+ the maximum value of D. In a Bullish example D- is the maximum value of D, D+ the minimum value of D, either way, D must be between these 2 lines. Since we don't know when the next possible Pivot point will occur, the white arrows won't predict where it will happen, it just shows the max and min value. If it doesn't become a valid ABCD Pattern, the lines just stay that way, when a valid ABCD pattern occurs, more lines will be plotted, together with the Targets. Do mind, the script adds a lot of lines, since there is a maximum of lines, only the last ones will be plotted, the rest can be made visible by using the "Replay" button Also, the script measures Pivot Points, it is not always perfect, do your own research and see for yourself if a valid pattern is also valid for you! Thank you!
Pine Script™ indicator
by fikira
10
ORB 15 Min By EquityDurai#Let the index/stock trade for the first fifteen minutes and then use the high and low of this "fifteen minute range" as support and resistance levels. #A buy signal is given when price exceeds the high of the 15 minute range after an up gap. #A sell signal is given when price moves below the low of the 15 minute range after a down gap. #It's a simple technique that works like a charm in many cases. >If you use this technique, though, a few caveats are in order to avoid whipsaws and other market traps. >The most common whipsaw is a trading range that lasts longer than 15 minutes. >If an obvious range builds in 20, 25 or even 30 minutes , use those to define your support and resistance levels. >Also consider the higher noise level in the morning. >A breakout that extends only a tick or two can be easily reversed and trap you in a sudden loss. >So let others take the bait at these levels, while you find pullbacks and narrow range bars for trade execution.
Pine Script™ indicator
by equitydurai81
29
Ichimoku Kinkō hyō Keizen 改MTF善The script is not finnished yet and show's an other interpretation of how it could be scripted Step -1 is complete... Basic Ichimoku with asjutable length and editable lines colors and visibilities. Step -2 in progress... Adding ability to une multiple Spans, sens and Kumo on higher and lower timeframe. Your Step : Like and Share ;) have a good year 2020 ! 2020-01-06 /--------/ -R.V. Jan 06 Release Notes: The script is not finnished yet and show's an other interpretation of how it could be scripted Step -1 is complete... Basic Ichimoku with asjutable length and editable lines colors and visibilities. Step -2 in progress... Adding ability to une multiple Spans, sens and Kumo on higher and lower timeframe. Your Step : Like and Share ;) have a good year 2020 ! 2020-01-06 /--------/ -R.V. Jan 07 Jan 13 Release Notes: MTF Ichimoku is on it's way !! Jan 17 Release Notes: The script is not finnished yet and show's an interpretation of how it could be scripted Step -1 is complete... Basic Ichimoku with asjutable length and editable lines colors and visibilities. Step -2 in complete... Adding ability to use multiple Spans, sens and Kumo on higher timeframe. Step -3 in progress... Creating a UNIX based function to framgments actual chart periods in subcandles or "Subprices/periods" to plot multiple Spans, sens and Kumo on LOWER timeframe. Your Step : Like and Share ;) have a good year 2020 ! /--------Coder--------/ -R.V.
Pine Script™ indicator
by RaphaelVigneault