This indicator uses Z-score normalization to each ticker you put in (in the settings), then puts them all together into a composite with equal weights. Then plots as candlesticks. I've also added possibility to choose two different moving averages of the composite in the settings. This can be used to quickly put together your own index of any theme that you're...
## Script Description This Pine Script indicator highlights key levels from the previous day’s daily candle on any timeframe chart. It focuses exclusively on marking the following: 1. **Previous Day’s High, Low, Open, and Close**: - Horizontal lines are drawn to indicate the previous day's high, low, open, and close prices. - These lines are white and...
closeGapsPartially = input.bool(false, "Close Gaps Partially", display = display.data_window) boxLimitInput = input.int(15, "Max Number of Gaps", minval = 1, maxval = 500, display = display.data_window) minimalDeviationTooltip = "Specifies the minimal size of detected gaps, as a percentage of the average high-low range for the last 14 bars." minimalDeviationInput...
upgraded version of the stratrgy will be published in further days
Multi-Timeframe 325 SMA Touch Indicator This versatile indicator detects and visualizes when the price touches (crosses over or under) the 325-period Simple Moving Average (SMA) across multiple timeframes. It's designed to help traders identify potential support and resistance levels across various time horizons. Key Features: Monitors 7 different timeframes:...
Presentation for TradingView: Gaussian Weighted Moving Average with Forecast Introduction Welcome to our presentation on the "Gaussian Weighted Moving Average with Forecast" (GWMA). This script, written in Pine Script™, offers an enhanced method for analyzing and predicting price movements on TradingView. The script combines Gaussian Weighted Moving Averages...
The Candle Body Percentage Indicator is a custom TradingView script designed to display the percentage of the candle's body relative to the full candle length for each bar on the chart. This indicator helps traders quickly assess the strength of price movements by comparing the body (the range between the open and close prices) to the total range of the candle...
Marks the High & low formed in Asia's session. You can now see each sessions asia high and low. Time based at 11pm UK time & 659 am.
Nifty50 atm strike and total cost costantly display atm strike and total cost of nifty50 index
This Pine Script calculates the average volatility over the past 20 bars by taking the difference between the high and low prices. It then adjusts this volatility based on the previous closing price: if the price is below $20, the volatility is multiplied by 2, and if it’s above $20, the volatility is multiplied by 1.5. The adjusted volatility is then plotted on...
This indicator, called "Earnings Date Highlighter," is designed to visualize earnings data for up to four different stocks on a single chart. It's particularly useful for traders or investors who want to track earnings events for multiple companies simultaneously, such as the top holdings of an ETF. Key features: 1. Tracks earnings data (estimates and actuals)...
Components of the Indicator: Moving Averages: Short-Term Moving Average (MA): This is a 50-period Simple Moving Average (SMA) applied to the closing price. It is used to track the short-term trend of the market. Long-Term Moving Average (MA): This is a 200-period SMA used to track the long-term trend. Day Trading Moving Average: A 20-period SMA is used...
The strategy implemented in the provided Pine Script is based on **ICT (Inner Circle Trader)** concepts, particularly focusing on **order blocks** to identify key levels for potential reversals or continuations in the market. Below is a detailed description of the strategy: ### 1. **Order Block Concept** - **Order blocks** are price levels where large...
//@version=5 indicator("High Low Yesterday & Today & Last Week & Last Month", overlay=true, shorttitle="High Low Y/T/LW/LM") // User inputs chk_yh = input(true, title="PDH") chk_yl = input(true, title="PDL") chk_th = input(true, title="Today's High") chk_tl = input(true, title="Today's Low") chk_lwh = input(true, title="Last Week's High") chk_lwl = input(true,...
EMA14 Crossover Strategy with Conditional BUY/SELL Alerts This powerful script provides dynamic BUY and SELL alerts based on the interaction between price action and the EMA14 (Exponential Moving Average 14). Ideal for traders looking to capitalize on trend reversals and breakout patterns, this indicator helps you time entries and exits with precision. Key...
//@version=5 indicator("AI-Powered Buy/Sell Tool", overlay=true) // RSI Setup rsiLength = 14 rsi = ta.rsi(close, rsiLength) // MACD Setup = ta.macd(close, 12, 26, 9) // Moving Averages Setup emaShort = ta.ema(close, 20) // 20-period EMA smaLong = ta.sma(close, 50) // 50-period SMA // Sentiment-based volume proxy (volume spikes compared to moving...
Explanation of the Code: Bullish Engulfing: low <= low : The low of the current candle is lower than or equal to the low of the previous candle. close >= close : The close of the current candle is higher than or equal to the close of the previous candle. close > open: The current candle is bullish. open > close : The previous candle is bearish. Bearish...
Prospect Theory Indicator This indicator is designed based on Prospect Theory, which was developed by Nobel laureates Daniel Kahneman and Amos Tversky. Prospect Theory explains how people make decisions involving risk and uncertainty, highlighting their tendency to value potential losses more than equivalent gains and their focus on relative gains and losses...