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Profitable Supertrend v0.1 - AlphaThis a script to try detect the best combination of supertrend parameters in a space of time. Sadly the script is slow. Evaluate all possibilities params is hard for a pinescript and my knowledge too. In some cases, when you want evaluate many time could be the script fails for timeout. Perhaps with time I could enhance. For this problem of speed the calculate of combinatios it's not complete: In factor use a increment of 0.2 in each param (0.1, 0.3, 0.5 ...) in period the increment for each value is 3. The range for factor it's from 3.0 to 12.0. The range of period it's from 10 to 43 My knowledge don't let me go more far. Perhaps with time I can enhance the script.
Pine Script™ indicator
by gnalis
5
Global Money Supply USD-AdjustedGlobal Money Supply Aggregates - US, China, EU, Japan, UK - Korea, India, Canada, HK, Australia - Taiwan, Brazil, Swiss, Russia, Mexico - Thailand, Indonesia, Saudi, Singapore, Vietnam Unfortunately, TV Pine can only take in 40 tickers, Each country has Money Supply Data adjusted against its FX to USD. The formula in TV only can contain 10 tickers. So would recommend doing it up yourself on the first big 5 countries, Anyway US and China constitute close to 50% of the global money supply. However, one can argue whether money supply data (broad money) is valid nowadays. But I would bring up that this is just for comparison and trend purposes. Yes, M3 was removed from the US Fed data releases in end-2005. Aggregating all of the above tickers yield me around 120tn of money supply, USD-adjusted. There's pretty much other countries that should be included but due to the lack of data and small size of the country, it is omitted. Examples: - Heavily Sanctioned: Iran (400-500bn) and Iraq (200-300bn) - No Data/Bad Data: Algeria (100bn), Bangladesh (110bn) - Fallen Angels: Venezuela (100bn?), Argentina (120bn) - 400-500bn club: Israel, Turkey, Poland, Sweden, Ireland, UAE, Msia, Chile - 200-300bn club: Norway, Czech, Philippines, S.Africa, New Zealand, Egypt, Denmark, Qatar - 100bn club: Colombia, Lebanon, Pakistan, Morocco, Romania, Hungary, Nigeria, Kuwait - GDP 1bn club: Peru, Kazakhstan, Angola, Sudan, Ukraine, Ecuador All these could add up to 10-15tn money supply, but with currencies with bad adoption on some. End of the day, we still living in a dollarised world, with the big 5 nations taking up to 80% of the officially published money supply. The unfortunate issue is that the money supply data isn't that forward-looking. A simple linear extrapolation of historical 3-month rolling average for next month estimates can be decent, with possibility of manual meddling to add adjustments on huge macro-events eg QE infinity. Perhaps, additional tweaking would be inflation-adjusting this. Against SPX, some housing index, crude oil, gold. howmuch.net
Pine Script™ indicator
by SirChub
1
ValueBands for Acceptable P/E/ and P/B# What's this script? Plot BookValue/share and TangibleBookValue/share Visualization of Price Bands for Acceptable P/E and P/B Adaptation to Currency Change When TTM(FQ) financial data is not available, FY financial data is used to supplement the TTM(FQ) data. #Parameter P/E : acceptable price ratio of Earnings per share. Default is 15 P/B : acceptable price ratio of Book value per share. Default is 1.5 P/TB : acceptable price ratio of Tangible Book value per share. Default is 1.5 #Line ## Books BookValue : book value per share TangibleBookValue :tangible book value per share ## Acceptable Prices Acceptable P/E : P/E * EPS Acceptable P/B : P/B * BVPS Acceptable P/TB : P/TB * TBVPS ## Geometric mean GeometricMean(APE&APB) : sqrt(APE*APB). Geometric mean of "Acceptable P/E" and "Acceptable P/B". if PE15 & PB1.5 then GrahamNumber . GeometricMean(APE&APTB) : sqrt(APE*APTB). Geometric mean of "Acceptable P/E" and "Acceptable P/TB". ## color fill BV -TBV .Fill color is TBV line APE -APB .Fill color is the color of the larger APE and APB lines I am not a programmer, so I can only provide crude functionality, but I hope it will be of some help to you --------------------- ◆これなに 指定したPEやPBの価格帯がチャートにのります 通貨変更に対応したスクリプトがなかったからつくりました 期のデータが無いところは年のデータをミックスして補完して、長短期どちらの検討でも使いやすくしました プログラマーじゃないから必要なものだけですけど、よかったらつかってみてくださいね 1.　一株当たり純資産の線 2.　一株当たり有形固定資産の線 3.　1と2の間を2の線の色で塗りつぶし 4.　設定画面で指定した許容P/E相当の価格線。デフォルトは15 5.　設定画面で指定した許容P/B相当の価格線。デフォルトは1.5 6.　4と5のあいだを塗りつぶし。大きい値の方の線の色で塗りつぶされます 7.　設定画面で指定した許容P/TB相当の価格線。デフォルトは1.5 8.　4と5の相乗平均。もしPE15,PB1.5にしてたらGrahamNumber 。 9.　4と6の相乗平均
Pine Script™ indicator
by NatsukiKano
Reinforced RSI - The Quant Science This strategy was designed and written with the goal of showing and motivating the community how to integrate our 'Probabilities' module with their own script. We have recreated one of the simplest strategies used by many traders. The strategy only trades long and uses the overbought and oversold levels on the RSI indicator. We added stop losses and take profits to offer more dynamism to the strategy. Then the 'Probabilities' module was integrated to create a probabilistic reinforcement on each trade. Specifically, each trade is executed, only if the past probabilities of making a profitable trade is greater than or equal to 51%. This greatly increased the performance of the strategy by avoiding possible bad trades. The backtesting was calculated on the NASDAQ:TSLA , on 15 minutes timeframe. The strategy works on Tesla using the following parameters: 1. Lenght: 13 2. Oversold: 40 3. Overbought: 70 4. Lookback: 50 5. Take profit: 3% 6. Stop loss: 3% Time period: January 2021 to date. Our Probabilities Module, used in the strategy example:
Pine Script™ strategy
by thequantscience
High/Low VolumeIn this indicator, I show you a better way to define high/low values of volume (or any other indicator). Quite often, I get requests from my clients that an indicator level should be “high” or that it should be above a certain absolute level. The first request is hard to interpret mathematically, but traders can easily spot it on the chart. The second one is not flexible, and it might not make sense in another market regime. To solve that, you can compute dynamic high/low levels that represent unexpected extreme values that are adaptable to recent conditions. There are two pretty simple methods I’m using quite often in my scripts percentiles and sigma (standard deviations). Percentile looks back at X bars and computes the value under which a certain % of data points are located. So, for example, if we’re computing 90%tile and we’re looking at 100 bars, we’ll get a value under which we have values of precisely 90 bars for this indicator. It’s a good idea to use something like 5%tile for low level and 95%tile for high level. Sigma(σ) is related to standard deviation. If we assume that our data is normally distributed, then 68% of data points should be in the range of mean +-1σ, 95% → mean +-2σ. So we can assume that something above 2σ is a pretty rare and extreme event. In this script, I give you an example of how to compute both on volume, but you can easily change this to another indicator. The issue with volume is that it’s not normally distributed, and your low level will be quite often too low to detect any low levels. Ideally, we have to use a more sophisticated formula that fits volume distribution better. In this indicator, you can set the following parameters: Choose type: Percentile or Sigma Lookback Period High/Low Percentiles Sigmas # You can also receive alerts for high/low volume events. Disclaimer Please remember that past performance may not indicate future results. Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting. This post and the script don’t provide any financial advice.
Pine Script™ indicator
by QuantNomad
3
Strategy: Range BreakoutWhat? In the price action, levels have a significant role to play. Based on the price moving above/below the levels - the underlying instrument shows some price-action in the direction of breakout/breakdown. There are plenty of ways level can be determined. Levels are the decision point to take a trade or not. But if we make the level derivation complex, then the execution may get hamper. This strategy script, developed in PineScript v5, is our attempt at solving this problem at the core by providing this simple, yet elegant solution to this problem. It's essentially an attempt to Trade Simple by drawing logical (horizontal) lines in the chart and take actions, after multiple associated parameters confirmation, on the breakout / breakdown of the levels. How? Let us explain how we are drawing the levels. We are depending on some of the parameters as described below: Open Range : During intraday movement, often if prices move beyond a particular level, it exibits more movement in the same swing in same direction. We found out, through our back testing for Indian Indices like NSE:NIFTY , NSE:BANKNIFTY or NSE:CNXFINANCE the first 15m (i.e 09:15 AM to 09:30 AM, IST) is one of such range. For Indian stocks, it is 9:15 to 9:45. And for MCX MCX:CRUDEOIL1! it's 5:00 pm to 6:00 pm. There are our first levels. PDHCL : Previous Day High, Close, Low. This is our next level VWAP : The rolling VWAP (volume weighted average price) In the breakout/breakdown of the Open Range and Previous Day High/Low, we are taking the trade decisions as follows using CEST principle: C onditions : If current bar's (say you are in 5m timeframe) closing is broken out the Open Range High or Previous Day High, taken a Buy/Long decision (let's say buying a Call Option CE or selling a Put Option PE or buying the future or cash). If current bar's (say you are in 5m timeframe) closing is broken down the Open Range Low or Previous Day Low, taken a Sell/Short decision (let's say buying a Put Option CE or selling a Call Option PE or selling the future or cash). Additionally, and optionally (default ON, one can turn off): we are checking various other associated multiple confirmations as follows: 1. Momentum : Checking 14-period RSI value is more than 50 or less than 50 (all parameters like period, OB, OS ranges are configurable through settings) 2. Current bar's volume is more than the last 20 bars volume average. How much more - that multiplier is also configurable. (default is 1) 3. The breakout candle is bullish (green) or bearish (red). E ntry : All of these happens only on the closing of the candle . Means: Non Repainting! . Clearly in the chart we are showing as green up arrow BO (breakout for buy) and red down arrow BD (breakdown for sell) to take your decision process smooth. So, on the closing of the decision BO/BD candle we are entering the trade (with a thumping heart and nail biting ...) S top Loss : We are relying on the time tasted (last 40 years) mechanism of Average True Range (ATR) of default 14 period. This default period is also configurable. So for Long trades: the 14 period ATR low band is the SL. For Short trades: the 14 period ATR high band is the SL. T arget : We are depending on the thump rule of 1:2 Risk Reward. It's simple and effective. No fancy thing. We are closing the trade on double the favorable price movement compared to the SL placed. Of course, this RR ratio is confiurable from the settings, as usual. What's Unqiue in it? The utter simplicity of this trading mechanism. No fancy things like complex chart pattern, OI data, multiple candlestick patterns, Order flow analysis etc. Simple level determination, Marking clearly in the chart. Making each parameter configurable in Settings and showing tooltip adjacent to the parameter to make you understand it better for your customization, Wait for the candle close, thus eliminating the chances of repainting menace (as much as possible) Additional momentum and volume check to trade entry confirmation. Works with normal candlestick (nothing special ones like HA ...) Showing everything as a Summary Table (which, again can be turned off optionally) overlaying at the bottom-right corner of the chart, Optionally the Summary Table can be configured to alert you back (say you get it notified in your email or SMS). That way, a single, simple, effective trade setup will ease your journey as smooth sail as possible. Mentions There are plenty of friends from whom time to time we borrowed some of the ideas while working closely together over last one year. From tradingview community, we took the spirit of @zzzcrypto123 awesome work done long back (in 2020) as the indicator "ORB - Opening Range Breakout". (We tried to reach him for his explicit consent, unable to catch hold of him). Some other publicly available materials we have consulted to get the additional checks (like RSI, volume). Lat word Use it please and thank you for your constant patronage in following us in this awesome platform. Let's keep growing together. Disclaimer : This piece of software does not come up with any warrantee or any rights of not changing it over the future course of time. We are not responsible for any trading/investment decision you are taking out of the outcome of this indicator.
Pine Script™ strategy
by pradipandsuvra
16
RSI Overbought/Oversold + Divergence IndicatorDESCRIPTION: This script combines the Relative Strength Index ( RSI ), Moving Average and Divergence indicator to make a better decision when to enter or exit a trade. - The Moving Average line (MA) has been made hidden by default but enhanced with an RSIMA cloud. - When the RSI is above the selected MA it turns into green and when the RSI is below the select MA it turns into red. - When the RSI is moving into the Overbought or Oversold area, some highlighted areas will appear. - When some divergences or hidden divergences are detected an extra indication will be highlighted. - When the divergence appear in the Overbought or Oversold area the more weight it give to make a decision. - The same color pallet has been used as the default candlestick colors so it looks familiar. HOW TO USE: The prerequisite is that we have some knowledge about the Elliot Wave Theory, the Fibonacci Retracement and the Fibonacci Extension tools. Wave 1 (1) When we receive some buy signals we wait until we receive some extra indications. (2) On the RSI Overbought/Oversold + Divergence Indicator we can see a Bullish Divergence and our RSI is changing from red to green ( RSI is higher then the MA). (3) If we are getting here into the trade then we need to use a stop loss. We put our stop loss 1 a 2 pips just below the lowest wick. We also invest maximum 50% of the total amount we want to invest. Wave 2 (4) Now we wait until we see a clear reversal and here we starting to use the Fibonacci Retracement tool. We draw a line from the lowest point of wave(1) till the highest point of wave (1). When we are retraced till the 0.618 fib also called the golden ratio we check again the RSI Overbought/Oversold + Divergence Indicator. When we see a reversal we do our second buy. We set again a stop loss just below the lowest wick (this is the yellow line on the chart). We also move the stop loss we have set in step (3) to this level. Wave 3 (5) To identify how far the uptrend can go we need to use the Fibonacci Extension tool. We draw a line from the lowest point of wave(1) till the highest point of wave (1) and draw it back to the lowest point of wave (2). Wave (3) is most of the time the longest wave and can go till it has reached the 1.618 or 2.618 fib. On the 1.618 we can take some profit. If we don't want to sell we move our stop loss to the 1 fib line (yellow line on the chart). (6) We wait until we see a clear reversal on the Overbought/Oversold + Divergence Indicator and sell 33% to 50% of our investment. Wave 4 (7) Now we wait again until we see a clear reversal and here we starting to use the Fibonacci Retracement tool. We draw a line from the lowest point of wave(2) till the highest point of wave (3). When we are retraced till the 0.618 fib also called the golden ratio we check again the RSI Overbought/Oversold + Divergence Indicator. When we see a reversal we buy again. We set again a stop loss just below the lowest wick (this is the yellow line on the chart). (8) If we bought at the first reversal ours stop los was triggered (9) and we got out of the trade. (9) If we did not bought at step (7) because our candle did not hit the 0.618 fib or we got stopped out of the trade we buy again at the reversal. Wave 5 (10) To identify how far the uptrend can go we need to use the Fibonacci Extension tool. We draw a line from the lowest point of wave(2) till the highest point of wave (3) and draw it back to the lowest point of wave (4). Most of the time wave 5 goes up till it has reached the 1 fib. And that is the point where we got out of the trade with all of our investment. In this trade we got out of the trade a bit earlier. We received the sell signals and got a reversal on the Overbought/Oversold + Divergence Indicator. We are hoping you learned something so you can make better decisions when to get into or out of a trade. If you have any question just drop it into the comments below. FEATURES: • You can show/hide the RSI . • You can show/hide the MA. • You can show/hide the lRSIMA cloud. • You can show/hide the Stoch RSI cloud. • You can show/hide and adjust the Overbought and Oversold zones. • You can show/hide and adjust the Overbought Extended and Oversold Extended zones. • You can show/hide the Overbought and Oversold highlighted zones. • Etc... HOW TO GET ACCESS TO THE SCRIPT: • Favorite the script and add it to your chart. REMARKS: • This advice is NOT financial advice. • We do not provide personal investment advice and we are not a qualified licensed investment advisor. • All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. • We will not and cannot be held liable for any actions you take as a result of anything you read here. • We only provide this information to help you make a better decision. • While the information provided is believed to be accurate, it may include errors or inaccuracies. Good Luck and have fun, The CryptoSignalScanner Team
Pine Script™ indicator
by seoco
15
Nifty36ScannerThis code is written for traders to be able to automatically scan 36 stocks of their choice for MACD , EMA200 + SuperTrend and Half Trend . Traders can be on any chart, and if they keep this scanner/indicator on , it will start displaying stocks meeting scanning criteria on the same window without having to go to Screener section and running it again and again. It will save time for traders and give them real time signals. Indicators for scanning stocks are: MACD EMA200 Supertrend HalfTrend - originally developed by EVERGET Combination of EMA200 crossover/under and MACD crossover/under has worked well for me for long time, so using this combination as one of the criteria to Scan the stocks. Using Everget's Half Trend method confirms the signal given by MACD , EMA200 and Supertrend Crossover. I have added 36 of my favourite stocks from Nifty 50 lot. Users of this script can use the same stocks or change it by going into the settings of this scanner. The Code is divided into 3 Sections Section 1: Accepting input from users as boolean so that they can scan on the basis of one of the criteria or any combination of the criteria. Section 2: "Screener function" to calculate Buy/ Sell on the basis of scanning criteria selected y the user. screener=> = ta.supertrend(2.5,10) Buy/Sell on the basis of Supertrend crossing Close of the candle //using ta.macd function to calculate MACD and Signal = ta.macd(close, 12, 26, 9) using HalfTrend indicator to calculate Buy/Sell signals , removed all the plotting functions from the code of Half Trend Bringing Stock Symbols in S series variables s1=input.symbol('NSE:NIFTY1!', title='Symbol1', group="Nifty50List", inline='0') Assigning Bull/Bear ( Buy/Sell) signals to each stocks selected =request.security(s1, tf, screener()) Assign BUY to all the stocks showing Buy signals using buy_label1:= c1?buy_label1+str.tostring(s1)+' ': buy_label1 Follow the same process for SELL Signals Section 3: Plotting labels for the BUY/SELL result on the in terms of label for any stocks meeting the criteria with deletion of any previous signals to avoid clutter on the chart with so many signals generated in each candle Display Buy siganaling stocks in teh form of label using Label.new function with parameters as follows: barindex close as series color textcolor style as label_up, yloc =price textalign=left Delete all the previous labels label.delete(lab_buy ) STOCKS SELECTION We have given range f 36 stocks from NIFTY 50 that can be selected at anytime,. User can chose their own 36 stocks using setting button. INDICATORS SELECTION 1. MACD: It i sone of the most reliable trading strategy with 39.3% Success rate with 1.187 as profit factor for NIFTY Index on Daily time frame 2. EAM200 + Super trend : Combination of EMA200 crossover and Super trend removes any false positives and considered a very reliable way of scanning for Buy/Sell signals 3. HALF TREND: Originally developed as an indicator by Everget and modified as strategy by AlgoMojo, it generates Buy/Sell signals with 40.2% success rate with 1.469 as profit faction, on 15 minutes timeframe.
Pine Script™ indicator
by Dr_AtulGoswami
22
Sort array alphabetically - educational🔶   OVERVIEW     • This educational script will sort an array of tickers alphabetically and place these values in an table , together with the according current price value next to each ticker . 🔶   SORT ALPHABETICALLY 🔹   I. We make a User Defined Type (UDT) obj , with:         ·   ticker - the string name of the ticker         ·   price - the current price (close)     • From this UDT we make an object obj.new() for each ticker 🔹   II. 2 array's are made:     •  array of objects aObj , containing obj type obj.new() for every ticker     •  array of strings sort , the ticker part of each object obj.new() 🔹   III. Now we make an object of each ticker with the createObject(sym ) function object_1 = createObject("TICKER")     • the object object_1 consists off:         ·   ticker -> "TICKER"         ·   price -> current Daily close through request.security("TICKER") (non-repainting)     •  object_1 will be added to the aObj array     •  "TICKER" ( string ticker part of object ) will be added to the sort array 🔹   IV. The latter array is sorted alphabetically by using array.sort_indices() EXAMPLE originalArray = array.from("B", "A", "C") indicesArray = // sorted indices array.get(originalArray, 1) -> "A" array.get(originalArray, 0) -> "B" array.get(originalArray, 2) -> "C" IMPORTANT Alphabetically sorting is case sensitive , just like Java compareTo(String anotherString) !     • The comparison is based on the Unicode value of each character in the string, the lowest "Dec" values are sorted first in line.     • Comparing the "Dec" values at unicodelookup explains why default CAPITAL lettres will be sorted first,     • Default you would get this (A= 65, B= 66, a= 97, b= 98) Aa Ba ab bb     • Adding str.lower(string) in the toLowerCase() function will result to the following: Aa ab Ba bb    • (A= 65 is transformed to a= 97, ...)    • As a side note, should you write "AMZN" as "ÀMZN" this would be placed at the end, even after transforming to lower case the "Dec" values are higher (À= 192, à= 224).     • You can toggle "To Lower Case" to verify. 🔹   V. Values are placed in a table , using these sorted indices.     • With the usage of UDTs and objects , the current price has the same index in the aObj as their ticker ,                   giving the advantage it is fairly easy to place every value correctly next to each other.     • The same can be done by make 2 separate arrays , 1 for the current price , the other for "TICKER" . 🔶   OTHER TECHNIQUES USED     •  Alternative technique for adding comment         Instead of // this is a comment         You can also do this: _=" this is a comment "     •  Alternate colour         ·  During a loop , alternate colour when i is even or odd , using the modulo operation (%) .         ·  This is the remainder when dividing.        EXAMPLE         ·  3 % 2 = 1 -> 3 / 2 -> 1 * 2, 1 left (remainder)         ·  4 % 2 = 0 -> 4 / 2 -> 2 * 2, 0 left (remainder)         ·  5 % 2 = 1 -> 5 / 2 -> 2 * 2, 1 left (remainder) for i = 0 to 10 even = i % 2 == 0 col = even ? thisColor : otherColor     •  Adjust colour in script by using colour picker Cheers!
Pine Script™ indicator
by fikira
6
ICT Killzones [LuxAlgo]This script highlights ICT Killzones on the chart along with Fibonacci retracements constructed from each Killzone's price range, allowing traders to find more optimal entries. Settings Killzone Retracements Show Retracements: Determines whether Fibonacci retracements are displayed on the chart. Extend: Determines if the retracements are extended outside the Killzone. Reverse: Switches the maximum and minimum levels for the calculation of the retracements. Other settings allow disabling as well as changing the retracement value and color. Usage Killzones are introduced by forex trader ICT and represent different time intervals that aims at offering optimal trade entries. Killzones include: New York Killzone (7:9 ET) London Open Killzone (2:5 ET) London Close Killzone (10:12 ET) Asian Killzone (20:00 ET) Note that using timeframes superior to 1h can highlight incorrect intervals Fibonacci retracements on an active Killzone are subject to changes, if no Killzones are active then the associated Fibonacci retracements will stay at their current level. Disabling specific Killzones while having extended retracements will allow them to extend further. In the image above the New York and Asian Killzones are disabled.
Pine Script™ indicator
by LuxAlgo
31
Basic Position Calculator (BPC)In trading, proper position sizing is essential to managing risk and maximizing returns. The script provided is a Basic Position Calculator that allows traders to quickly and easily calculate their position size, stop loss, take profit, and risk reward ratio for a given trade. The script starts by defining several inputs for the user to customize the calculations. The first input is the "Account Size", which specifies the total amount of funds available for the trade. The next input is "Risk Amount %", which is the percentage of the account size that the trader is willing to risk per trade. The "Stop Loss" input specifies the maximum amount of loss that the trader is willing to accept, while the "Reward" input is the desired profit target for the trade. Finally, there is a "Position" input that allows the user to specify where on the chart the table of calculations will be displayed. The script then calculates the position size, stop loss, take profit and risk reward ratio using the user-specified inputs. The position size is calculated by dividing the risk amount by the stop loss. The stop loss is calculated by multiplying the stop loss percentage by the close price, and the take profit is calculated by multiplying the stop loss percentage by the close price and the reward. Risk-reward ratio is the ratio of amount of profit potential to the amount of risk in a trade. The script then creates a table and displays the calculated values on the chart at the specified location. The table includes the following information: account size, position size, account risk %, stop loss, stop loss %, take profit, take profit % and risk reward ratio. This allows the trader to quickly and easily see all the key calculations for their trade in one place. Overall, the Basic Position Calculator script is a valuable tool for any trader looking to quickly and easily calculate their position size, stop loss, take profit, and risk reward ratio for a given trade. The ability to customize the inputs and display the calculations on the chart makes it a useful and user-friendly tool for managing risk and maximizing returns.
Pine Script™ indicator
by The_Peaceful_Lizard
DS FLASH Volumetrade balance volume can show in under the chart. Trade balance, also known as the balance of trade, is a measure of a country's exports minus its imports. A trade deficit occurs when a country imports more goods and services than it exports, while a trade surplus occurs when a country exports more than it imports. The trade balance can be shown in a chart as a line graph, with the trade balance represented by the y-axis and the time period represented by the x-axis.
Pine Script™ indicator
by ForexSchool_TradingAcademy
Live PnL v1.0Live P&L for multiple stocks, currencies, crypto and commodities can now be tracked for your favorite scripts, pair trading etc. This indicator gives provision to add up to 3 stocks/futures/currency with Buy and Sell, Quantity (can be lot size or any other) and Entry Price and set as default so that every time you put back this indicator you can monitor the live Profit / Loss figure. This indicator will help trade to evaluate and track tips/trades of experts on social media and Media platforms and check their accuracy themselves in an organized way. Apart from paper trading a trade or multiple positions ones combined together it also gives a feeler of combined Mark to live Market Drawdowns or Profitability.
Pine Script™ indicator
by Mohit_Kakkar08
2
Multiple Divergences (UDTs - objects) - Educational█   OVERVIEW This script highlights the usage of User-defined Types (UDTs) and objects , and bullish /bearish  divergences. Pivotpoints are used to find divergences, the result of this script will be different against other public multiple divergences scripts. FOR Pine Script™ CODERS Besides the information found in CONCEPTS , the comments in the script will, hopefully ), guide you through my thought process. █   CONCEPTS The main principle of this script are bullish /bearish  divergences, this with 3 different oscillators ( RSI , CCI , MFI ) If you want to know more about divergences, have a look at some Education and Research idea's . On every bar, an object HLs is made, containing bar_index , high , low , and 2 bool variables ( isPh , isPl ). On every bar, an object Osc is made, containing bar_index , o (oscillator value), and 2 bool variables ( isPh , isPl ). If a pivothigh (ph ) is found, isPh will be true on that bar, false otherwise. If a pivotlow (pl) is found, isPl will be true on that bar, false otherwise. These objects are added to an array, with limited size. If a ph is found, the script draws a testline from that ph to every previous ph , found in the array. Then every high in between these 2 points are checked if they don't pierce the testline . If the testline isn't broken, the Reg_Div_Piv() function will give 4 values, 1 check (not pierced) variable and the 4 points of the line. The testline is deleted. Once a positive check is found, the script will perform the same, but now with the Osc objects. The script will ONLY compare Osc pivots which are maximum 1 bar away from the high/low pivot . If everything is confirmed, a line is drawn, visible on the chart. █   REMARKS A label will be visible with a number, this is the amount of divergences found with the according oscillator . EXAMPLE Div with RSI and CCI -> 2 Div with MFI alone -> 1 Div with RSI and CCI and MFI -> 3 ... Divergences should only be used when confirmed, this is after bar close . As an aid, lines that are not confirmed will be dotted , if confirmed, they will be solid . The divergence check start when a ph/pl is found, after which oscillator pivot are checked. Optionally the same can be done, when a oscillator pivot is found and then check the ph/pl , this should give more results, although it can make the script slower. █   SETTINGS Left - amount of bars at the left which needs to be lower/higher Right - amount of bars at the right which needs to be lower/higher Max values - maximum values in array of objects 3 oscillator settings with      • ON/OFF      • Length      • color bullish  divergence      • color bearish  divergence Have FUN !
Pine Script™ indicator
by fikira
17