Get started

Indicators and strategies

Intrabar BoxPlotThe Intrabar BoxPlot publication highlights an uncommon technique by displaying statistical intrabar Lower Timeframe (LTF) values on the chart. 🔶 USAGE 🔹 Middle 50% Boxes By showing the middle 50% intrabar values through a box, we can more easily see where the intrabar activity is mainly situated. The middle 50% intrabar values are referred to from here on as Interquartile range (IQR). In this example, the successive IQRs form a channel where the price eventually breaks out. Disproportionately distributed values can give insights which can be used to find potential support/resistance areas. IQR gaps can give valuable information as well. Potentially, the price can return to these gaps. Seeing the IQR areas against regular candles gives an alternative image of the underlying price movements. 🔹 Highest volume Price level The script displays the price level with the highest volume situated, dependable on the user's source setting. Setting the source at 'close' will only display intrabar close values; the same goes for high, low, ... As seen in the above example, the volume levels can aid in finding support/resistance. 🔹 Median The location of the median off all intrabar values is displayed as a coloured dot: green when the close price is higher than the opening price and red if otherwise. The median can give valuable insights into price movements. 🔹 Outliers Medium (white dots) and extreme (white X) outliers, in combination with the IQR box, can help identify potential areas of interest. 🔹 Volume Delta When there is a discrepancy between the delta volume and direction of the candle, this will be displayed as follows: Green candle: when the sum of the volume of red intrabars is higher than the sum of the volume of green intrabars, the candle will be coloured orange. Red candle: when the sum of the volume of green intrabars is higher than the sum of the volume of red intrabars, the candle will be coloured blue. 🔹 Highlight Boxplot only Probably the easiest way to display boxplot only is by changing the Bar's style to Bars . 🔶 DETAILS All intrabar values (Lower TimeFrame - LTF) are sorted and evaluated. Values can be close , high , low , ... by selecting this in Settings ( source ). The middle 50% of all values are displayed as a box; this contains the values between percentile 25 (p25) and percentile 75 (p75). The value of percentile rank 75 means 75% of all values are lower. The value of percentile rank 25 means 25% of all values are lower, or 75% is higher. The difference between p75 and p25 is also known as Interquartile range (IQR) IQR is used to check for outliers. Wiki: Boxplot , Interquartile range Extreme high: maximum value, higher than p75 + IQR*3 Max outlier high: maximum value, higher than p75 + IQR*1.5 but lower than p75 + IQR*3 Max: maximum value, lower than p75 + IQR*1.5 Min: minimum value, higher than p25 - IQR*1.5 Min outlier low: minimum value, lower than p25 - IQR*1.5 but higher than p25 - IQR*3 Extreme low: minimum value, lower than p25 - IQR*3 Max and min must not be interpreted with the current candle high/low. 🔹 Example: Length of chart-puppets The following example can make it easier to digest. Forty "chart-puppets" are sorted by their length. The p25 value is 97 The p50 value is 120 The p75 value is 149 75% of all "chart-puppets" are smaller than p75, and 25% is larger than p75. 50% of all "chart-puppets" are smaller than p50, and 50% is larger than p50 (= median). 25% of all "chart-puppets" are smaller than p25, and 75% is larger than p25. IQR = 149 - 97 = 52 Extreme outlier limit max: p75 + IQR*3 = 149 + 52*3 = 305 Mild outlier limit max: p75 + IQR*1.5 = 149 + 52*1.5 = 227 Mild outlier limit min: p25 - IQR*1.5 = 97 - 52*1.5 = 19 Extreme outlier limit min: p25 - IQR*3 = 97 - 52*3 = -59 In this example there are no outliers to be found, all values are located between p25 - IQR*1.5 (19) and p75 + IQR*1.5. (227) 🔹 Source settings Note that results are dependable on the chosen source (settings). When, for example, close is chosen as the source, only intrabar close prices are included. This means a low or high can stretch further then the min or max. Here we can see different results with different source settings 🔹 LTF settings When 'Auto' is enabled (Settings, LTF), the LTF will be the nearest possible x times smaller TF than the current TF. When 'Premium' is disabled, the minimum TF will always be 1 minute to ensure TradingView plans lower than Premium don't get an error. Examples with current Daily TF (when Premium is enabled): 500 : 3 minute LTF 1500 (default): 1 minute LTF 5000: 30 seconds LTF (1 minute if Premium is disabled) 🔶 SETTINGS Source: Set source at close, high, low,... 🔹 LTF LTF: LTF setting Auto + multiple: Adjusts the initial set LTF Premium: Enable when your TradingView plan is Premium or higher 🔹 Intrabar Delta : Colors, dependable on different circumstances. Up: Price goes up, with more bullish than bearish intrabar volume. Up-: Price goes up, with more bearish than bullish intrabar volume. Down: Price goes down, with more bearish than bullish intrabar volume. Down+: Price goes down, with more bullish than bearish intrabar volume. 🔹 Table Show table: Show details at the top right corner Show TF: Show LTF at the bottom right corner Text color/table size See DETAILS for more information
Pine Script™ indicator
by fikira
6
Relative Price Position Flow (RPPF)Market work by short and long players positions. By commodities, players buy or sell positions based in market expectations. The volume of negotiations defines the optimum point to buy or sell. It means how much more volume in a price line, much of the players thinking this is the real value. So, in this indicator I calculate the volume of trades for some price line. And divide it to the total volume, to define whats the historical price line optimum. The diference between the actual price to the historical optimum trade, define some directions of the market. Some times the price is bigger, and sometimes it is smaller. By experience, after some times the price is deviated to the flow price, it will search a compensation, starting a reversion movement.
Pine Script™ indicator
by wbelini
Future Interest Indexed by AssetEste script em Pine Script calcula e exibe o índice dos juros futuros (DI1) em relação ao preço de um ativo, utilizando o preço de fechamento do ativo e a taxa de juros futuros (DI1). O cálculo é realizado dividindo a taxa de juros pelos preços do ativo, resultando no índice indice_juros. Para evitar a divisão por zero, o script verifica se o preço do ativo é válido e não nulo. O índice calculado é então plotado em um painel inferior no gráfico, representado por uma linha azul, permitindo aos usuários observar a relação entre a taxa de juros futuros e o preço do ativo de forma clara e intuitiva. This Pine Script script calculates and displays the future interest rate (DI1) in relation to the price of an asset, using the asset's closing price and the future interest rate (DI1). The calculation is carried out by dividing the interest rate by the asset prices, resulting in the index_interest index. To avoid division by zero, the script checks that the asset's price is valid and not null. The calculated index is then plotted in a lower panel on the chart, represented by a blue line, allowing users to observe the relationship between the future interest rate and the asset price clearly and intuitively.
Pine Script™ indicator
by contatoviniciuspaiva
Asset Indexed by Future Interest Este script em Pine Script calcula e exibe o índice de um ativo em relação à taxa de juros futuros (DI1) em um painel inferior. Ele obtém o preço de fechamento do ativo e a taxa de juros futuros DI1!, e em seguida, calcula o índice do ativo dividindo o preço do ativo pela taxa de juros futuros. Para evitar a divisão por zero, o script realiza uma validação para garantir que o valor da taxa de juros não seja nulo ou zero. O índice calculado é então plotado no painel inferior, em uma linha verde, permitindo que os usuários visualizem a relação entre o preço do ativo e os juros futuros de curto prazo. Esse índice pode ser útil para analisar como a taxa de juros influencia o comportamento do ativo. This script in Pine Script calculates and displays the ratio of an asset to the future interest rate (DI1) in a lower panel. It obtains the asset's closing price and the future interest rate DI1!, and then calculates the asset index by dividing the asset price by the future interest rate. To avoid division by zero, the script performs validation to ensure that the interest rate value is not null or zero. The calculated index is then plotted in the bottom panel, in a green line, allowing users to visualize the relationship between the asset's price and short-term future interest. This index can be useful for analyzing how the interest rate influences the asset's behavior.
Pine Script™ indicator
by contatoviniciuspaiva
Adjust Asset for Future Interest (Brazil)Este script foi criado para ajustar o preço de um ativo com base na taxa de juros DI11!, que reflete a expectativa do mercado para os juros futuros. O objetivo é mostrar como o valor do ativo seria influenciado se fosse diretamente ajustado pela variação dessa taxa de juros. Como funciona? Preço do Ativo O script começa capturando o preço de fechamento do ativo que está sendo visualizado no gráfico. Esse é o ponto de partida para o cálculo. Taxa de Juros DI11! Em seguida, ele busca os valores diários da taxa DI11! no mercado. Esta taxa é uma referência de juros de curto prazo, usada para ajustes financeiros e projeções econômicas. Fator de Ajuste Com a taxa de juros DI11!, o script calcula um fator de ajuste simples: Fator de Ajuste = 1 + DI11 100 Fator de Ajuste=1+ 100 DI11 ​ Esse fator traduz a taxa percentual em um multiplicador aplicado ao preço do ativo. Cálculo do Ativo Ajustado Multiplica o preço do ativo pelo fator de ajuste para obter o valor ajustado do ativo. Este cálculo mostra como o preço seria se fosse diretamente influenciado pela variação da taxa DI11!. Exibição no Gráfico O script plota o preço ajustado do ativo como uma linha azul no gráfico, com maior espessura para facilitar a visualização. O resultado é uma curva que reflete o impacto teórico da taxa de juros DI11! sobre o ativo. Utilidade Este indicador é útil para entender como as taxas de juros podem influenciar ativos financeiros de forma hipotética. Ele é especialmente interessante para analistas que desejam avaliar a relação entre o mercado de renda variável e as condições de juros no curto prazo. This script was created to adjust the price of an asset based on the DI11! interest rate, which reflects the market's expectation for future interest rates. The goal is to show how the asset's value would be influenced if it were directly adjusted by the variation of this interest rate. How does it work? Asset Price The script starts by capturing the closing price of the asset that is being viewed on the chart. This is the starting point for the calculation. DI11! Interest Rate The script then searches for the daily values ​​of the DI11! rate in the market. This rate is a short-term interest reference, used for financial adjustments and economic projections. Adjustment Factor With the DI11! interest rate, the script calculates a simple adjustment factor: Adjustment Factor = 1 + DI11 100 Adjustment Factor=1+ 100 DI11 ​ This factor translates the percentage rate into a multiplier applied to the asset's price. Adjusted Asset Calculation Multiplies the asset price by the adjustment factor to obtain the adjusted asset value. This calculation shows how the price would be if it were directly influenced by the variation of the DI11! rate. Display on the Chart The script plots the adjusted asset price as a blue line on the chart, with greater thickness for easier visualization. The result is a curve that reflects the theoretical impact of the DI11! interest rate on the asset. Usefulness This indicator is useful for understanding how interest rates can hypothetically influence financial assets. It is especially interesting for analysts who want to assess the relationship between the equity market and short-term interest rate conditions.
Pine Script™ indicator
by contatoviniciuspaiva
12 Month Difference - YoY ComparisonEste script foi desenvolvido para calcular e exibir a variação percentual do preço de um ativo nos últimos 12 meses, de forma simples e visual. Ele utiliza dados históricos de preços e apresenta o resultado diretamente no gráfico, permitindo ao usuário acompanhar a relação entre o valor atual e o valor de 12 meses atrás. O cálculo é baseado em um período de 12 meses, que equivale a 252 dias úteis no mercado financeiro. O script primeiro identifica o preço atual do ativo e o compara com o preço registrado há exatamente 252 dias úteis. A diferença entre esses dois valores é transformada em uma variação percentual, o que facilita a análise de desempenho do ativo ao longo do período. Além disso, o script define uma cor para destacar o resultado: Verde, se a variação percentual for positiva (indicando crescimento). Vermelho, se a variação for negativa (indicando queda). O valor calculado é exibido de forma prática no canto inferior direito do gráfico, como uma tabela flutuante. Essa tabela contém o texto "Relação 12M" e o valor percentual correspondente, permitindo uma leitura rápida. Embora o resultado seja calculado para todos os momentos no gráfico, ele é mostrado apenas como uma tabela no último ponto confirmado da série histórica, ou seja, no momento mais recente com dados disponíveis. Além disso, o script inclui o valor da relação na legenda do gráfico, mas ele está oculto visualmente para evitar sobrecarregar o layout. Esse indicador é útil para analisar rapidamente o desempenho de um ativo ao longo de um ano, ajudando investidores e analistas a entenderem tendências e mudanças no mercado. This script was developed to calculate and display the percentage change in the price of an asset over the last 12 months, in a simple and visual way. It uses historical price data and displays the result directly on the chart, allowing the user to monitor the relationship between the current value and the value from 12 months ago. The calculation is based on a 12-month period, which is equivalent to 252 business days in the financial market. The script first identifies the current price of the asset and compares it with the price recorded exactly 252 business days ago. The difference between these two values ​​is transformed into a percentage change, which makes it easier to analyze the asset's performance over the period. In addition, the script defines a color to highlight the result: Green, if the percentage change is positive (indicating growth). Red, if the change is negative (indicating a decline). The calculated value is displayed conveniently in the bottom right corner of the chart, as a floating table. This table contains the text "12M Ratio" and the corresponding percentage value, allowing for quick reading. Although the result is calculated for all points in time on the chart, it is only displayed as a table at the last confirmed point in the historical series, i.e. the most recent point in time with available data. In addition, the script includes the ratio value in the chart legend, but it is visually hidden to avoid cluttering the layout. This indicator is useful for quickly analyzing the performance of an asset over a year, helping investors and analysts understand trends and changes in the market.
Pine Script™ indicator
by contatoviniciuspaiva
Brazil Real Interest RateEste script foi criado para calcular e exibir a Taxa de Juros Real, permitindo compreender o impacto da inflação sobre os juros nominais do mercado. Ele utiliza dois indicadores principais: a taxa de juros nominal, que reflete os juros antes de considerar a inflação, e a taxa de inflação anual, que mede o aumento dos preços em um ano. O script funciona da seguinte forma: ele obtém diariamente os dados da taxa de juros nominal (representada pelo contrato futuro DI1) e da inflação anual (indicada pelo BRIRYY). Esses valores são processados para calcular a taxa de juros real, utilizando a fórmula de Fisher, que ajusta os juros nominais ao descontar o efeito da inflação. O resultado é uma medida mais precisa do retorno ou custo real, considerando o poder de compra. Depois de realizar o cálculo, o script exibe a Taxa de Juros Real diretamente no gráfico, representada por uma linha verde. Isso permite acompanhar, de forma clara e visual, como a inflação e os juros afetam o cenário econômico ao longo do tempo. This script was created to calculate and display the Real Interest Rate, allowing us to understand the impact of inflation on nominal market interest rates. It uses two main indicators: the nominal interest rate, which reflects interest rates before considering inflation, and the annual inflation rate, which measures the increase in prices over a year. The script works as follows: it obtains daily data on the nominal interest rate (represented by the DI1 futures contract) and annual inflation (indicated by BRIRYY). These values ​​are processed to calculate the real interest rate, using the Fisher formula, which adjusts nominal interest rates by discounting the effect of inflation. The result is a more accurate measure of real return or cost, considering purchasing power. After performing the calculation, the script displays the Real Interest Rate directly on the graph, represented by a green line. This allows you to monitor, clearly and visually, how inflation and interest rates affect the economic scenario over time.
Pine Script™ indicator
by contatoviniciuspaiva
Brazil Real Interest RateEste script foi criado para calcular e exibir a Taxa de Juros Real, permitindo compreender o impacto da inflação sobre os juros nominais do mercado. Ele utiliza dois indicadores principais: a taxa de juros nominal, que reflete os juros antes de considerar a inflação, e a taxa de inflação anual, que mede o aumento dos preços em um ano. O script funciona da seguinte forma: ele obtém diariamente os dados da taxa de juros nominal (representada pelo contrato futuro DI1) e da inflação anual (indicada pelo BRIRYY). Esses valores são processados para calcular a taxa de juros real, utilizando a fórmula de Fisher, que ajusta os juros nominais ao descontar o efeito da inflação. O resultado é uma medida mais precisa do retorno ou custo real, considerando o poder de compra. Depois de realizar o cálculo, o script exibe a Taxa de Juros Real diretamente no gráfico, representada por uma linha verde. Isso permite acompanhar, de forma clara e visual, como a inflação e os juros afetam o cenário econômico ao longo do tempo. This script was created to calculate and display the Real Interest Rate, allowing us to understand the impact of inflation on nominal market interest rates. It uses two main indicators: the nominal interest rate, which reflects interest rates before considering inflation, and the annual inflation rate, which measures the increase in prices over a year. The script works as follows: it obtains daily data on the nominal interest rate (represented by the DI1 futures contract) and annual inflation (indicated by BRIRYY). These values ​​are processed to calculate the real interest rate, using the Fisher formula, which adjusts nominal interest rates by discounting the effect of inflation. The result is a more accurate measure of real return or cost, considering purchasing power. After performing the calculation, the script displays the Real Interest Rate directly on the graph, represented by a green line. This allows you to monitor, clearly and visually, how inflation and interest rates affect the economic scenario over time.
Pine Script™ indicator
by contatoviniciuspaiva
Visible and Anchored OTE chart [SYNC & TRADE]Thanks for the start @twingall Visible and Anchored OTE chart Indicator for visualizing price levels and optimal trading zones (OTE - Optimal Trading Entry) using Fibonacci levels. Main features Visualization of price ranges using two OTE zones: OTE 70% (79-62 Fibonacci levels) OTE 30% (21-38 Fibonacci levels) Setting up time periods: Ability to use a custom date range Option to work with a higher time frame Flexible display settings: Choose between using candle bodies or the full range for binding Customizable appearance of OTE boxes Customizable text labels Additional levels: Middle line (50.5%) Optional levels of 29.5%, 70.5% and 88% Customizable Fibonacci extensions Indicator settings Main parameters Use Custom Dates - enable a custom date range Start Date/End Date - set a time range Use Higher Timeframe - use a higher time frame Higher Timeframe - select a higher timeframe Setting up OTE zones Show Fib Box - displaying OTE zones Enable Fib Box 79-62 - enabling OTE zone 70% Enable Fib Box 21-38 - enabling OTE zone 30% Show Text - displaying text labels in zones Visual design Text Size - text size (tiny/small/medium/large) Text Color - text color Text Alignment - text alignment Line Thickness - line thickness (1-4) Line Style - line style (Solid/Dashed/Dotted) Fibonacci levels High/Low Lines - displaying extreme levels Midline - displaying the middle line (50.5%) Show 29.5 Line - additional level 29.5% Show 70.5 Line - additional level 70.5% Show 88 Line - additional level 88% Extensions Fibonacci There are 6 customizable extension levels available: Ext#1 (default 1.0) Ext#2 (default 1.27) Ext#3 (default 1.62) Ext#4 (default 2.0) Ext#5 (default 2.62) Ext#6 (default 3.62) For each level, you can configure: On/Off Color Meaning Alerts The indicator provides the following types of alerts: Entering/Exiting OTE Zones: Entering 70% OTE Zone Exiting 70% OTE Zone Entering 30% OTE Zone Exiting 30% OTE Zone Crossing Additional Levels: Crossing 29.5% Level Crossing 70.5% Level Crossing 88% Level Reaching Extension Levels Fibonacci: Alerts for each configured extension level Support for both positive and negative extensions Usage Add the indicator to the chart Configure the required display parameters Set alerts if necessary Use OTE zones to identify potential entry points into the market Notes The indicator automatically updates when the visible area of ​​the chart changes When using a custom date range, make sure the selected period contains data For correct operation with a higher time frame, make sure that historical data is available Visible and Anchored OTE chart Индикатор для визуализации ценовых уровней и зон оптимальной торговли (OTE - Optimal Trading Entry) с использованием уровней Фибоначчи. Основные возможности Визуализация ценовых диапазонов с помощью двух OTE зон: OTE 70% (79-62 уровни Фибоначчи) OTE 30% (21-38 уровни Фибоначчи) Настройка временных периодов: Возможность использования пользовательского диапазона дат Опция работы с высшим таймфреймом Гибкая настройка отображения: Выбор между использованием тел свечей или полного диапазона для привязки Настраиваемый внешний вид боксов OTE Настраиваемые текстовые метки Дополнительные уровни: Средняя линия (50.5%) Опциональные уровни 29.5%, 70.5% и 88% Настраиваемые расширения Фибоначчи Настройка индикатора Основные параметры Use Custom Dates - включение пользовательского диапазона дат Start Date/End Date - установка временного диапазона Use Higher Timeframe - использование высшего таймфрейма Higher Timeframe - выбор высшего таймфрейма Настройка OTE зон Show Fib Box - отображение зон OTE Enable Fib Box 79-62 - включение зоны OTE 70% Enable Fib Box 21-38 - включение зоны OTE 30% Show Text - отображение текстовых меток в зонах Визуальное оформление Text Size - размер текста (tiny/small/medium/large) Text Color - цвет текста Text Alignment - выравнивание текста Line Thickness - толщина линий (1-4) Line Style - стиль линий (Solid/Dashed/Dotted) Уровни Фибоначчи High/Low Lines - отображение крайних уровней Midline - отображение средней линии (50.5%) Show 29.5 Line - дополнительный уровень 29.5% Show 70.5 Line - дополнительный уровень 70.5% Show 88 Line - дополнительный уровень 88% Расширения Фибоначчи Доступно 6 настраиваемых уровней расширения: Ext#1 (по умолчанию 1.0) Ext#2 (по умолчанию 1.27) Ext#3 (по умолчанию 1.62) Ext#4 (по умолчанию 2.0) Ext#5 (по умолчанию 2.62) Ext#6 (по умолчанию 3.62) Для каждого уровня можно настроить: Включение/выключение Цвет Значение Оповещения Индикатор предоставляет следующие типы оповещений: Вход/выход из зон OTE: Вход в зону OTE 70% Выход из зоны OTE 70% Вход в зону OTE 30% Выход из зоны OTE 30% Пересечение дополнительных уровней: Пересечение уровня 29.5% Пересечение уровня 70.5% Пересечение уровня 88% Достижение уровней расширения Фибоначчи: Оповещения для каждого настроенного уровня расширения Поддержка как положительных, так и отрицательных расширений Использование Добавьте индикатор на график Настройте необходимые параметры отображения При необходимости установите оповещения Используйте зоны OTE для определения потенциальных точек входа в рынок Примечания Индикатор автоматически обновляется при изменении видимой области графика При использовании пользовательского диапазона дат убедитесь, что выбранный период содержит данные Для корректной работы с высшим таймфреймом убедитесь в доступности исторических данных
Pine Script™ indicator
by SYNC-AND-TRADE
Cruzamento de Médias Móveis + Multi EMA + Tabela RSI📊 Indicador Multi-Timeframe com Cruzamento de Médias + RSI Comparativo BTC Este indicador combina análise técnica avançada com comparativo de RSI do Bitcoin, oferecendo uma visão completa do mercado em múltiplos timeframes. 🔥 PRINCIPAIS FUNCIONALIDADES: ➤ Médias Móveis: - Cruzamento de SMA 9 e 21 com sinais visuais - Sistema multi-EMA (12, 26, 100, 200, 300) - Sinais de entrada e saída automáticos ➤ Painel RSI Multi-Timeframe: - Análise simultânea de 7 timeframes (5m, 15m, 1h, 4h, 1D, 1W, 1M) - Comparativo automático com BTC/USDT - Indicadores visuais de sobrecompra/sobrevenda - Sistema de cores intuitivo ⚡ BENEFÍCIOS: - Visualização rápida das condições de mercado - Comparação instantânea com Bitcoin - Identificação de divergências entre ativos - Sinais claros de reversão e tendência - Interface limpa e intuitiva 🔧 PERSONALIZÁVEL: - Períodos das médias móveis ajustáveis - Posicionamento flexível da tabela - Período do RSI configurável 💡 IDEAL PARA: - Day Trading - Swing Trading - Análise de Correlação com Bitcoin - Identificação de Momentum - Gestão de Risco 📌 INSTRUÇÕES: 1. Ajuste os períodos das médias conforme sua estratégia 2. Monitore os cruzamentos para sinais 3. Use o painel RSI para confirmar momentum 4. Compare com BTC para decisões mais informadas 🎯 OBJETIVO: Fornecer uma ferramenta completa para análise técnica que combine tendência e momentum, permitindo decisões mais precisas baseadas na correlação com Bitcoin. ------------------- ✨ Se este indicador ajudou sua análise, não esqueça de deixar sua ⭐! 📬 Comentários e sugestões são sempre bem-vindos.
Pine Script™ indicator
by rhcarlosweb
Intraday Volume### Intraday Volume Indicator Explanation --- this was Mostly created by OpenAI ChatGPT --- it's pretty good! --- My Commentary: One of the problems I find is with Volume is - it is skewed by the overwhelming volume around the Open and Close. So, as an experiment, I asked ChatGPT to create an indicator to plot the volume everywhere BUT the open. I added in the CandleColor() function and set the times. I also changed the Intraday Volume calculation from Cumulative to live. still Chat GPT - did about 90% of the heavy lift! And, wrote the summary ! ---- The "Intraday Volume" indicator is a custom script designed for use on the TradingView platform. It provides a visual representation of the total accumulated trading volume during the intraday trading session, specifically between the market open and close times. Below is a detailed explanation of its functionality: #### **Key Features:** 1. **Session Times:** - The indicator defines the intraday session as the period between 9:30 AM EST (market open) and 4:00 PM EST (market close). - It uses the `timestamp` function to set these times dynamically for each trading day. 2. **Intraday Volume Calculation:** - During the defined intraday session, the indicator accumulates the trading volume from each bar (candlestick). - Outside the intraday session, the volume is reset to `na` (not available) to ensure only intraday data is plotted. 3. **Plotting the Volume:** - The accumulated intraday volume is plotted as a blue column chart in a separate pane below the price chart. - This provides a clear visualization of how the trading volume evolves throughout the trading session. 4. **Horizontal Reference Line:** - A horizontal line is added at zero as a visual reference, making it easier to interpret the volume data. #### **Use Cases:** - **Volume Analysis:** - Traders can use the indicator to identify periods of high or low trading activity during the intraday session. - Peaks in the volume chart may correspond to key market events, such as news releases or significant price movements. - **Trend Confirmation:** - Comparing intraday volume with price action can help traders confirm the strength of a trend or the likelihood of a reversal. - **Custom Time Frames:** - Although this script is tailored for regular U.S. market hours, it can be adapted for other markets or time zones by modifying the session times. #### **Customization:** - **Colors and Styles:** - The plot color (blue) and style (columns) can be customized to suit user preferences. - **Session Times:** - Users can change the session start and end times to match their trading needs or regional market hours. This indicator is especially useful for intraday traders seeking insights into trading volume dynamics within the trading day. By visualizing the intraday volume, traders can gain a deeper understanding of market behavior and make informed decisions.
Pine Script™ indicator
by JohnDonahue
Volume Delta Candles HTF [TradingFinder] LTF Volume Candles 🔵 Introduction In financial markets, understanding the concepts of supply and demand and their impact on price movements is of paramount importance. Supply and demand, as fundamental pillars of economics, reflect the interaction between buyers and sellers. When buyers' strength surpasses that of sellers, demand increases, and prices tend to rise. Conversely, when sellers dominate buyers, supply overtakes demand, causing prices to drop. These interactions play a crucial role in determining market trends, price reversal points, and trading decisions. Volume Delta Candles offer traders a practical way to visualize trading activity within each candlestick. By integrating data from lower timeframes or live market feeds, these candles eliminate the need for standalone volume indicators. They present the proportions of buying and selling volume as intuitive colored bars, making it easier to interpret market dynamics at a glance. Additionally, they encapsulate critical metrics like peak delta, lowest delta, and net delta, allowing traders to grasp the market's internal order flow with greater precision. In financial markets, grasping the interplay between supply and demand and its influence on price movements is crucial for successful trading. These fundamental economic forces reflect the ongoing balance between buyers and sellers in the market. When buyers exert greater strength than sellers, demand dominates, driving prices upward. Conversely, when sellers take control, supply surpasses demand, and prices decline. Understanding these dynamics is essential for identifying market trends, pinpointing reversal points, and making informed trading decisions. Volume Delta Candles provide an innovative method for evaluating trading activity within individual candlesticks, offering a simplified view without relying on separate volume indicators. By leveraging lower timeframe or real-time data, this tool visualizes the distribution of buying and selling volumes within a candle through color-coded bars. This visual representation enables traders to quickly assess market sentiment and understand the forces driving price action. Buyer and seller strength is a critical concept that focuses on the ratio of buying to selling volumes. This ratio not only provides insights into the market's current state but also serves as a leading indicator for detecting potential shifts in trends. Traders often rely on volume analysis to identify significant supply and demand zones, guiding their entry and exit strategies. Delta Candles translate these complex metrics, such as Maximum Delta, Minimum Delta, and Final Delta, into an easy-to-read visual format using Japanese candlestick structures, making them an invaluable resource for analyzing order flows and market momentum. By merging the principles of supply and demand with comprehensive volume analysis, tools like the indicator introduced here offer unparalleled clarity into market behavior. This indicator calculates the relative strength of supply and demand for each candlestick by analyzing the ratio of buyers to sellers. 🔵 How to Use The presented indicator is a powerful tool for analyzing supply and demand strength in financial markets. It helps traders identify the strengths and weaknesses of buyers and sellers and utilize this information for better decision-making. 🟣 Analyzing the Highest Volume Trades on Candles A unique feature of this indicator is the visualization of price levels with the highest trade volume for each candlestick. These levels are marked as black lines on the candles, indicating prices where most trades occurred. This information is invaluable for identifying key supply and demand zones, which often act as support or resistance levels. 🟣 Trend Confirmation The indicator enables traders to confirm bullish or bearish trends by observing changes in buyer and seller strength. When buyer strength increases and demand surpasses supply, the likelihood of a bullish trend continuation grows. Conversely, decreasing buyer strength and increasing seller strength may signal a potential bearish trend reversal. 🟣 Adjusting Timeframes and Calculation Methods Users can customize the indicator's candlestick timeframe to align with their trading strategy. Additionally, they can switch between moving average and current candle modes to achieve more precise market analysis. This indicator, with its accurate and visual data display, is a practical and reliable tool for market analysts and traders. Using it can help traders make better decisions and identify optimal entry and exit points. 🔵 Settings Lower Time Frame Volume : This setting determines which timeframe the indicator should use to identify the price levels with the highest trade volume. These levels, displayed as black lines on the candlesticks, indicate prices where the most trades occurred. It is recommended that users align this timeframe with their primary chart’s timeframe. As a general rule : If the main chart’s timeframe is low (e.g., 1-minute or 5-minute), it is better to keep this setting at a similarly low timeframe. As the main chart’s timeframe increases (e.g., daily or weekly), it is advisable to set this parameter to a higher timeframe for more aligned data analysis. Cumulative Mode : Current Candle : Strength is calculated only for the current candlestick. EMA (Exponential Moving Average) : The strength is calculated using an exponential moving average, suitable for identifying longer-term trends. Calculation Period : The default period for the exponential moving average (EMA) is set to 21. Users can modify this value for more precise analysis based on their specific requirements. Ultra Data : This option enables users to view more detailed data from various market sources, such as Forex, Crypto, or Stocks. When activated, the indicator aggregates and displays volume data from multiple sources. 🟣 Table Settings Show Info Table : This option determines whether the information table is displayed on the chart. When enabled, the table appears in a corner of the chart and provides details about the strength of buyers and sellers. Table Size : Users can adjust the size of the text within the table to improve readability. Table Position : This setting defines the table’s placement on the chart. 🔵 Conclusion The indicator introduced in this article is designed as an advanced tool for analyzing supply and demand dynamics in financial markets. By leveraging buyer and seller strength ratios and visually highlighting price levels with the highest trade volume, it aids traders in identifying key market zones. Key features, such as adjustable analysis timeframes, customizable calculation methods, and precise volume data display, allow users to tailor their analyses to market conditions. This indicator is invaluable for analyzing support and resistance levels derived from trade volumes, enabling traders to make more accurate decisions about entering or exiting trades. By utilizing real market data and displaying the highest trade volume lines directly on the chart, it provides a precise perspective on market behavior. These features make it suitable for both novice and professional traders aiming to enhance their analysis and trading strategies. With this indicator, traders can gain a better understanding of supply and demand dynamics and operate more intelligently in financial markets. By combining volume data with visual analysis, this tool provides a solid foundation for effective decision-making and improved trading performance. Choosing this indicator is a significant step toward refining analysis and achieving success in complex financial markets.
Pine Script™ indicator
by TFlab
4
Relative Strength Indexindicator(title="Relative Strength Index", shorttitle="RSI", format=format.price, precision=2, timeframe="", timeframe_gaps=true) rsiLengthInput = input.int(14, minval=1, title="RSI Length", group="RSI Settings") rsiSourceInput = input.source(close, "Source", group="RSI Settings") calculateDivergence = input.bool(false, title="Calculate Divergence", group="RSI Settings", display = display.data_window, tooltip = "Calculating divergences is needed in order for divergence alerts to fire.") change = ta.change(rsiSourceInput) up = ta.rma(math.max(change, 0), rsiLengthInput) down = ta.rma(-math.min(change, 0), rsiLengthInput) rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down)) rsiPlot = plot(rsi, "RSI", color=#7E57C2) rsiUpperBand = hline(70, "RSI Upper Band", color=#787B86) midline = hline(50, "RSI Middle Band", color=color.new(#787B86, 50)) rsiLowerBand = hline(30, "RSI Lower Band", color=#787B86) fill(rsiUpperBand, rsiLowerBand, color=color.rgb(126, 87, 194, 90), title="RSI Background Fill") midLinePlot = plot(50, color = na, editable = false, display = display.none) fill(rsiPlot, midLinePlot, 100, 70, top_color = color.new(color.green, 0), bottom_color = color.new(color.green, 100), title = "Overbought Gradient Fill") fill(rsiPlot, midLinePlot, 30, 0, top_color = color.new(color.red, 100), bottom_color = color.new(color.red, 0), title = "Oversold Gradient Fill") // Smoothing MA inputs GRP = "Moving Average" TT_BB = "Only applies when 'SMA + Bollinger Bands' is selected. Determines the distance between the SMA and the bands." maTypeInput = input.string("SMA", "Type", options = , group = GRP, display = display.data_window) maLengthInput = input.int(14, "Length", group = GRP, display = display.data_window) bbMultInput = input.float(2.0, "BB StdDev", minval = 0.001, maxval = 50, step = 0.5, tooltip = TT_BB, group = GRP, display = display.data_window) var enableMA = maTypeInput != "None" var isBB = maTypeInput == "SMA + Bollinger Bands" // Smoothing MA Calculation ma(source, length, MAtype) => switch MAtype "SMA" => ta.sma(source, length) "SMA + Bollinger Bands" => ta.sma(source, length) "EMA" => ta.ema(source, length) "SMMA (RMA)" => ta.rma(source, length) "WMA" => ta.wma(source, length) "VWMA" => ta.vwma(source, length) // Smoothing MA plots smoothingMA = enableMA ? ma(rsi, maLengthInput, maTypeInput) : na smoothingStDev = isBB ? ta.stdev(rsi, maLengthInput) * bbMultInput : na plot(smoothingMA, "RSI-based MA", color=color.yellow, display = enableMA ? display.all : display.none) bbUpperBand = plot(smoothingMA + smoothingStDev, title = "Upper Bollinger Band", color=color.green, display = isBB ? display.all : display.none) bbLowerBand = plot(smoothingMA - smoothingStDev, title = "Lower Bollinger Band", color=color.green, display = isBB ? display.all : display.none) fill(bbUpperBand, bbLowerBand, color= isBB ? color.new(color.green, 90) : na, title="Bollinger Bands Background Fill", display = isBB ? display.all : display.none) // Divergence lookbackRight = 5 lookbackLeft = 5 rangeUpper = 60 rangeLower = 5 bearColor = color.red bullColor = color.green textColor = color.white noneColor = color.new(color.white, 100) _inRange(bool cond) => bars = ta.barssince(cond) rangeLower <= bars and bars <= rangeUpper plFound = false phFound = false bullCond = false bearCond = false rsiLBR = rsi if calculateDivergence //------------------------------------------------------------------------------ // Regular Bullish // rsi: Higher Low plFound := not na(ta.pivotlow(rsi, lookbackLeft, lookbackRight)) rsiHL = rsiLBR > ta.valuewhen(plFound, rsiLBR, 1) and _inRange(plFound ) // Price: Lower Low lowLBR = low priceLL = lowLBR < ta.valuewhen(plFound, lowLBR, 1) bullCond := priceLL and rsiHL and plFound //------------------------------------------------------------------------------ // Regular Bearish // rsi: Lower High phFound := not na(ta.pivothigh(rsi, lookbackLeft, lookbackRight)) rsiLH = rsiLBR < ta.valuewhen(phFound, rsiLBR, 1) and _inRange(phFound ) // Price: Higher High highLBR = high priceHH = highLBR > ta.valuewhen(phFound, highLBR, 1) bearCond := priceHH and rsiLH and phFound plot( plFound ? rsiLBR : na, offset=-lookbackRight, title="Regular Bullish", linewidth=2, color=(bullCond ? bullColor : noneColor), display = display.pane ) plotshape( bullCond ? rsiLBR : na, offset=-lookbackRight, title="Regular Bullish Label", text=" Bull ", style=shape.labelup, location=location.absolute, color=bullColor, textcolor=textColor ) plot( phFound ? rsiLBR : na, offset=-lookbackRight, title="Regular Bearish", linewidth=2, color=(bearCond ? bearColor : noneColor), display = display.pane ) plotshape( bearCond ? rsiLBR : na, offset=-lookbackRight, title="Regular Bearish Label", text=" Bear ", style=shape.labeldown, location=location.absolute, color=bearColor, textcolor=textColor ) alertcondition(bullCond, title='Regular Bullish Divergence', message="Found a new Regular Bullish Divergence, `Pivot Lookback Right` number of bars to the left of the current bar.") alertcondition(bearCond, title='Regular Bearish Divergence', message='Found a new Regular Bearish Divergence, `Pivot Lookback Right` number of bars to the left of the current bar.')
Pine Script™ indicator
by sushant2503
Bitmo cross //@version=6 indicator('Bitmo Cross', shorttitle = 'Bitmo CROSS - MM', overlay = true, timeframe = '') // Bitmo GROUP FOR PUBLIC USE - By : Mohsen Mohammadi //Moving Average Exponential len = input.int(21, minval = 1, title = 'EMA') src = close out = ta.ema(src, len) //Moving Average len2 = input.int(50, minval = 1, title = 'MA 1') src2 = close out2 = ta.sma(src2, len2) //Moving Average len3 = input.int(100, minval = 1, title = 'MA 2') src3 = close out3 = ta.sma(src3, len3) //Moving Average //Moving Average len4 = input.int(200, minval = 1, title = 'MA 2') src4 = close out4 = ta.sma(src4, len4) plot(out, title = 'EMA', color = color.new(color.blue, 0)) plot(out2, color = color.new(color.red, 0), title = 'MA 1') plot(out3, color = color.new(color.green, 0), title = 'MA 2') plot(out4, color = color.new(color.purple, 0), title = 'MA 3')
Pine Script™ indicator
by Bitmo1105
Bollinger Bubble BreakoutThe Bollinger Bubble Breakout (BBB) indicator is a tool for analyzing price movements using Bollinger Bands combined with additional moving averages. It is based on the idea, known as the "Bollinger Bubble Theory," that when a candle closes outside the Bollinger Bands, the price often returns quickly to the 7-period Exponential Moving Average (EMA). Bollinger Bands are made up of a middle line, which is typically a moving average, and two outer bands that represent standard deviations from this line. These bands help identify when the price is overbought or oversold. The BBB indicator builds on this by adding customizable options for the middle line, allowing the user to choose between different types of moving averages, such as SMA or EMA. The indicator provides visual signals when the price moves outside the bands. A buy signal appears when the price closes below the lower band, and a sell signal appears when it closes above the upper band. These signals are marked directly on the chart for clarity. The BBB indicator also includes options to display a 7-period EMA and a 200-period SMA. The EMA shows the short-term reversion level, while the SMA helps identify the overall trend. This combination of tools makes the BBB indicator useful for spotting price reversals and understanding the market's trend context. This indicator is easy to use and helps traders identify opportunities when price action becomes extreme. It is particularly helpful for those who look for mean reversion setups or want to combine short-term signals with long-term trend analysis.
Pine Script™ indicator
by Yannick1961