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Breadth Indicators

Davood Kumothis andicator is build in base of ichimoku cloud. Select the interval at which the kumo clouds change phase and depending on what time frame we are in, we give the time inputs to the indicator. then, the indicator calculates the area of the cloud and set the ascending and descending targets when price break the highest or lowest candle in that time range. So entry point is the highest and lowest candle and first and second targets are determined by the indicator. note : i used this andicator only in crypto market not forex and it works well
Pine Script® indicator
by AlphaNodal
2
world stage indexThis is an indicator that expresses the ratio of "stage1" and "stage4" of world index. 40 symbols are as follows (JAPAN, US, EUROPE, and CANADA) OSE:NK2251!, DJ:DJI, NASDAQ:IXIC, SP:SPX, XETR:DAX, TVC:CAC40, TVC:UKX, TSX:TSX (ASIA) TVC:SHCOMP, SZSE:399001, TVC:HSI, TWSE:TAIEX, BSE:SENSEX, OANDA:SG30SGD, INDEX:KSI, SET:SET (EUROPE) INDEX:SX5E, INDEX:FTSEMIB, SIX:SMI, BME:IBC, EURONEXT:BEL20, TVC:AEX, OMXCOP:OMXC25, XETR:0Q5X (Pacific Ocean) ASX:XJO, TVC:NZ50G, IDX:COMPOSITE, FTSEMYX:FBMKLCI, BMFBOVESPA:IBOV, BMV:ME, BVL:SPBLPGPT, BYMA:IMV (Eastern Europe & Middle East) MOEX:IMOEX, GPW:WIG20, OMXHEX:OMXH25, OMXSTO:OMXS30, DFM:DFMGI, TADAWUL:TASI, OSE:GNRI, EGX:EGX30 The criteria are as follows: EMA5≧EMA20≧EMA40 : Stage1 EMA5≦EMA20≦EMA40 : Stage4 A.The sum of Stage1 was multiplied by 2.5 and drawn on a scale of 0 to 100, with yellow area B.The Sum of Stage4 was multiplied by 2.5 and drawn on a scale of 0 to 100, with blue area. C. The ratio of A/B was multiplied by 2.5 and drawn on a scale of 0 to 100, with red lines. This idea is from Kojirou Kousi. 40 symbols of this script are partially different from Kojiro kousi's idea. But he said the difference isn't matter. 「小次郎講師指数」に着想を得た、世界40カ国の株価指数stage状態です。 参考文献は、小次郎講師著書「世界一わかりやすい投資の勝ち方」です。 小次郎講師とは一部異なるシンボルを採用していますが、 多少の違いは余り大した問題では無いと御本人から教わった事があります。 先進国に関してはおそらくほとんど同じだと思います。 stage1の合計の%を黄色、stage4の合計の%を青色、stage1の合計/stage4の合計の%を赤で表示しています。 雰囲気で分かればいいので、正確な数字までは表示しませんでした。 個人的には現状分析以外にも、プラクティス時に世界情勢を把握するのに重宝しています。
Pine Script® indicator
by trader_aaa111
3
MTF - Options Strike Price - Screener & AlertsHi fellow traders , Pleased to share an MTF – Option Strike Price Screener. It Screens 15 tickers for your set Strike Prices in the input column or you can also set the Stop Loss/target prices for your portfolio watch list in a single input window. All you need to do is attach to any chart and set the periodicity of the to your desired alert() frequency requirement. Now go to the input settings icon of the script and set your tickers, timeframe and option strike prices or if you would like to track your individual ticker stop loss or target prices! Set the alert from the menu as usual click - Any alert() function call and bingo you are done!! In all of 2-3 minutes you can set your Option Strike Alerts or TP’s or SL’s for 15 stocks of your portfolio.. Only a single alert() will track 15 tickers across multiple time frames.. Once your Alert is hit you may need to change the input settings and save as default and again set an alert() and delete the last alert().. No more opening multiple charts and setting individual time consuming alerts(). Happy trading with TV..
Pine Script® indicator
by sharaaU7
2
Arms Index TRIN [DM]Hello colleagues"" Here I share today Arms Index!!! -Avalilables settings and options: - Switcheable Index NASDAQ and S&P - Switcheable Alerts "crossover, crossunder, change and main ones" -Fill Color Customizables -Signal Color Customizables -Signal Smooth Customizable Enjoy!!! Arms Index (TRIN) The Arms Index (TRIN) is a market breadth oscillator that was developed by Richard Arms. It is also known as the Trading Index, hence the abbreviation TRIN. It relates advancing and declining stocks to their respective volume flows by dividing the Advance/Decline Ratio by the volume ratio. When it rises the market is said to be weak and vice versa. The value 1 is key and crossing it generates a signal. A value above 1 indicates declining stocks have the upperhand in the volume flow and vice versa. The indicator can be used to spot overbought and oversold situations and is best used in combination with other analysis techniques.
Pine Script® indicator
by dgmoon
3
Price density [Measuring Market Noise:Take advantage]$$ Market noise can be problematic to some types of trading strategies yet beneficial to others. By measuring noise using the 'Price Density' can enable us to improve our trading edge and turn noise to our advantage. Robust analysis of noise can inform us when it is best to avoid trend-following systems (when noise is too high), and vice versa for systems based on a mean-reverting trading premise (when market noise is low). __________________________________________________________________________ Using Noise to our advantage * Two techniques: -Measure Noise and trade when suitable for the system ~ High noise = avoid trend-following ~ Low noise = avoid mean-reversion -Match assets to strategies ~ Only trade 'noisy assets' with Mean-reversion Strategies ~ Only trade 'efficient assests' with Trend-following Strategies ## Price density:- High values = High noise Low values = Low noise ___________________________________________________________________________ Disclaimer!! Do your own research
Pine Script® indicator
by Unknown_TracerBUNNY
Trend channel [log scale] with projection forecastTrend channel with projection forecast This indicator is used to model data where growth or decay accelerates rapidly at first and then slows over time. Because the channel distance is based off the largest pullback or highest peak within a trend, for effectively drawing and using this indicator it is recommended that this type of indicator is applied to mature trends . This model is interesting for the long term series data (such as 10 or 20 years span) because can be plotted correctly on logarithmic charts . Technical issues *The user have to pan over the chart from the beginning to the end of the study range (such as 10 years of bars) so the pine script could generate those lines on the chart. *If on the chart the number of bar is less than the lookback period, it won't generate any lines as well. Disclaimer Success in trading is all about following your trading strategy and indicators should fit into your own strategy, and not be traded purely on. This script is for informational and educational purposes only. Use of the script does not constitute professional and / or financial advice. You are solely responsible for evaluating the outcome of the script and the risks associated with using the script. In exchange for the use of the script, you agree not to hold monpotejulien TradingView user responsible for any possible claims for damages arising out of any decisions you make based on the use of the script.
Pine Script® indicator
by Julien_Eche
6
Moving Average Support and Resistance ChannelThe Moving Average Support and Resistance Channel is a channel that consists of trend lines of resistance and support of the analyzed instrument, represented as moving averages with the selected type and smoothing period on a certain timeframe, where: - Middle Line - the middle of the channel (the moving average of the pivot point using the Floor Pivot method) - R1 - first resistance (moving average of support + Factor*ATR) - R2 - second resistance (R1 + Factor*ATR) - S1 - first support (moving average of resistance-Factor*ATR) - S2 - second support (S1-Factor*ATR) - Factor-ATR multiplier Despite the fact that the indicator consists of moving averages, it can work equally well both during a trend and in its absence. Characteristics of the trend movement: • During an uptrend, the moving averages of the indicator are directed upwards, the price is above the Middle Line level most of the time • During a downtrend, the moving averages of the indicator are directed down, the price is below the Middle Line level most of the time • During the flat period, the boundaries of the moving average channel narrow, the channel tends to align in a horizontal position, the price consolidates most of the time around the Middle Line level, fighting off the support and resistance levels of the indicator. The position of asset prices outside the indicator may mean an early correction or trend reversal. How to trade: One of the trading methods may be that during a breakout or a pullback after a breakout of the Middle Line level, the target of further movement, depending on the direction of this movement, may be the levels R1, R2 or S1, S2. Use this situation to make a profit. I wish you good luck in building your trading plans and remember: such indicators do not predict the future price movement on the chart, they only determine the characteristics of the price movement at the current time, taking into account historical data.
Pine Script® indicator
by Best_Solve
5
MyTradePartnerMyTradePartner strategy makes the cryptocurrency markets buy and sell automatically. 5 stoploss, fixed profit take and stoploss level can be customized from strategy settings. There are 4 separate strategies that you can set in the strategy. First of them, there are strategies that decide long and short positions in accordance with your settings at the pivot levels, second of the super trend, third of the potential return levels, third of the up and down breaks. Pyramiding can offer multiple entry points. Strategy back tests can be adjusted to the desired time period and can be used as spot or term if desired. Frostybot is set to work fully compatible with js when the necessary inputs are made from these strategy settings. When installing an alarm for FROSTYBOT JS, the alarm message field is {{strategy.order.alert_message}}. FEATURES: -Fully compatibly with Frostybot -High Percent Profitable strategy up to %60 -İnclude five level Trailing Stoploss, fixed stoploss and takeprofit with position size management -include four strategy mentably in one strategy use one, use two or both -All settings are customizable. Create your unique strategy with settings.
Pine Script® strategy
by Herif
4
On-Balance Volume Oscillator with Divergence and PivotsThis is On-Balance Volume recalculated to be an Oscillator, a Divergence hunter was added, also Pivot Points and Alerts. On-Balance Volume, or OBV is considered a "leading indicator" - in contrast to a "lagging indicator" just as Moving Averages it does not show a confirmation what already happened, but it shows what can happen in the future. For example: The chart is climbing while the OBV oscillator is slowly declining, gets weaker and weaker, maybe even prints bearish divergences? That means that a reversal might be occurring soon. Leading indicators are best paired with Stop and Resistance Lines, general Trendlines, Fib Retracements etc...Your chart is approaching a very important Resistance Trendline but the OBV shows a very positive signal? That means there is a high probability that the Resistance is going to be pushed though and becomes Support in the future. What are those circles? -These are Divergences. Red for Regular-Bearish. Orange for Hidden-Bearish. Green for Regular-Bullish. Aqua for Hidden-Bullish. What are those triangles? - These are Pivots. They show when the OBV oscillator might reverse, this is important to know because many times the price action follows this move. Please keep in mind that this indicator is a tool and not a strategy, do not blindly trade signals, do your own research first! Use this indicator in conjunction with other indicators to get multiple confirmations.
Pine Script® indicator
by AdonisWerther
32
[UTILS] Unit Testing FrameworkTL;DR This script doesn't provide any buy/sell signals. This script won't make you profitable implicitly. This script is intended for utility function testing, library testing, custom assertions. It is free and open-source. Introduction About the idea: is not exclusive, programmers tend to use this method a lot and for a long time. The point is to ensure that parts of a software, "units" (i.e modules, functions, procedures, class methods etc), work as they should, meet they design and behave as intended. That's why we use the term "Unit testing". In PineScript we don't have a lot of entities mentioned above yet. What we have are functions. For example, a function that sums numbers should return a number, a particular sum. Or a professor wrote a function that calculates something or whatever. He and you want to be sure that the function works as expected and further code changes (refactoring) won't break its behaviour. What the professor needs to do is to write unit tests for his function/library of functions. And what you need to do is to check if the professor wrote tests or not. No tests = No code - Total test-driven development Ok, it is not so serious, but very important in software development. And I created a tool for that. I tried to follow the APIs of testing tools/libs/frameworks I worked or work with: Jasmine (Javascript), Mocha/Chai (Javascript), Jest (Javascript), RSpec (Ruby), unittest (Python), pytest (Python) and others. Got something workable but it would be much easier to implement (and it would look much better) if PineScript had a higher-order functions feature. API _describe(suiteName: string) A function to declare a test suite. Each suite with tests may have 2 statuses: ✔️ Passed ❌ Failed A suite is considered to be failed if at least one of the specs in it has failed. _it(specName: string, actual: any, expected: any) A function to run a test. Each test may have 3 statuses: ✔️ Passed ❌ Failed ⛔ Skipped Some examples: _it("is a falsey value", 1 != 2, true) _it("is not a number", na(something), true) _it("should sum two integers", _sum(1, 2), 1) _it("arrays are equal", _isEqual(array.from(1, 2), array.from(1, 2)), true) Remember that both the 'actual' and 'expected' arguments must be of the same type. And a group of _it() functions must be preceded by a _describe() declaration (see in the code). _test(specName: string, actual: any, expected: any) An alias for _it . Does the same thing. _xit(specName: string, actual: any, expected: any) A function to skip a particular test for a while. Doesn't make any comparisons, but the test will appear in the results as skipped. This feature is unstable and may be removed in the future releases. _xtest(specName: string, actual: any, expected: any) An alias for _xit . Does the same thing. _isEqual(id_1: array, id_2: array) A function to compare two arrays for equality. Both arrays must be of the same type. This function doesn't take into account the order of elements in each array. So arrays like (1, 2, 3) and (3, 2, 1) will be equal. _isStrictEqual(id_1: array, id_2: array) A function to compare two arrays for equality. Both arrays must be of the same type. This function is a stricter version of _isEqual because it takes into account the order of elements in each array. So arrays like (1, 2, 3) and (3, 2, 1) won't be equal. Usage To use this script to test your library you need to do the following steps: 1) Copy all the code you see between line #5 and #282 (Unit Testing Framework Core) 2) Place the copied code at the very beginning of your script (but below study()) 3) Start to write suites and tests where your code ends. That's it. NOTE The current version is 0.0.1 which means that a lot of things may be changed on the way to 1.0.0 - the first stable version.
Pine Script® indicator
by everget
8
COIN FX PRO TRADERCoin Fx Pro strategy makes the cryptocurrency markets buy and sell automatically. 5 stoploss, fixed profit take and stoploss level can be customized from strategy settings. There are 4 separate strategies that you can set in the strategy. First of them, there are strategies that decide long and short positions in accordance with your settings at the pivot levels, second of the super trend, third of the potential return levels, third of the up and down breaks. Pyramiding can offer multiple entry points. Strategy back tests can be adjusted to the desired time period and can be used as spot or term if desired. Frostybot is set to work fully compatible with js when the necessary inputs are made from these strategy settings. When installing an alarm for FROSTYBOT JS, the alarm message field is {{strategy.order.alert_message}}. For best back test performance results. Use it BTCUSDTP and 5 MIN TIME FRAME!!!
Pine Script® strategy
by Herif
Coppock Curve Correlation MTF & Slopes - Long Strategy- This strategy is based on the Coppock Curve Correlation MTF & Slopes tool - Condition for entry is very simple : -> If the correlation of 8 timeframes expressed by 4 curves reaches 1 or -1 -> and the Coppock curve and the Coppock Slope (on 3 periodes back) are rising => then entry. (You can also visually look at : orange/yellow dot on the slope wave and green flag). - There's the possibility to trail stop loss and multiple take profit levels. - Back testing period setting. - I've added the possibility to extend the lookback period of the correlation for the curves. - Results could be interesting with a well managed trailing stop loss / take profit and trading on higher time frames. Market spot - ADA/USDT Timeframe = 3min
Pine Script® strategy
by FriedChickenWing
3
Coppock Curve Correlation between MTF & SlopesMy first tool ! 1. The waves shows the slope of the curve. The front one = 3 periods, back one = 2 periods, difference = white area. 2. The moving lines shows the curve correlation between 2x 2 time frames (adjustable on the settings) on 2 periods lookback. 2.1 Theres few regions of high correlation, lines are at (absolute values) 0.5, 0.75, 1 3. On the top there's the Coppock curve -> if falling since 1 period = red, else green. 4. Diamonds shows : if correlation is in the strong correlation area and slope is falling or rising : red or green diamond. This tool could be interesting to have an idea if there's strong correlation between timeframes instead of watching 4-5 different timeframes !
Pine Script® indicator
by FriedChickenWing
1
Nasdaq main tickers strength gauge A kind of bandwidth indicator for Nasdaq index. A widget to get an overview to the current market. Part 1: Strength index How the indexing work: For each ticker, we obtain an indexed value (base on the distance from central price value) which gauge the relative strength of each global index. How to read the curve: The value is based on the location from the band. 1 : price is reached its level 1 upper band. -1 : price is reached its level 1 lower band. Above zero, means the price is above mid-price of the day. It is probably receiving a positive capital inflow Exceed the boundary(-1, 1): more likely there is a drift on that direction for that moment. The calculation method is discussed on my last publication: Part 2: All time high table How to read the table (new update): It is how far from the "All time high " Value If the percentage is smaller than 1% (very close to break all time high), it will be shown in red. If the percentage is smaller than 3% (close to break all time high), it will be shown in yellow. Those highlighted tickers are considered as the leader stocks for the Nasdaq
Pine Script® indicator
by BillionaireLau
4
On Balance Volume - Color Packed Patch'emOBV is provided as a built-in by TradingView. This contribution grew out of reading about trend discovery, and since the library kept on this end was lacking in a volume-centric indicator, it looked like a good time to play around. This approach isn't all that much different than many others with the possible exception of its color scheme. Should you decide to use the script, it might be worth your while to work with the logic of color and line, to produce alerts. Enjoy.
Pine Script® indicator
by latticephreak