he RSI MAPPING - ARIEIV is a powerful technical indicator based on the Relative Strength Index (RSI) combined with moving averages and divergence detection. This indicator is designed to provide a clear view of overbought and oversold conditions, as well as identifying potential reversals and signals for market entries and exits. Key Features: Customizable...
The "RSI K-Means Clustering " indicator is a technical analysis tool that combines the Relative Strength Index (RSI) with K-means clustering techniques. This approach aims to provide more nuanced insights into market conditions by categorizing RSI values into overbought, neutral, and oversold clusters. The indicator adjusts these clusters dynamically based on...
This indicator shows areas on the second or minute charts that lack buyer or seller activity in the form of volume. This is configurable in the code itself by the user. This can be used to close a trade because there is no desire shown by the market to continue the trend.
The Awakening Checklist indicator is a tool designed to help traders evaluate certain key market conditions and elements before making trading decisions. It consists of a series of questions that the trader must answer using the options "Yes", "No" or "N/A" (not applicable). “Has Asia Session ended?” : This question aims to determine if the Asian trading session...
Description: The indicator displays "recommendations" for the active symbol (Buy, Strong buy, Sell, Strong sell or Hold), based on the Tradingview's recommendations data. There are 3 presentations you can choose from: - Bar -> displays a vertical/horizontal bar with sections for each rating - Pie chart -> displays a pie chart with sections - Table -> displays a...
The Whaley Breadth Thrust Indicator (WBT) is a momentum-based technical indicator designed to identify the strength of market trends. It measures the market's breadth by comparing advancing stocks to declining stocks, providing insights into whether a market is in a bullish, neutral, or bearish state. This script calculates the indicator based on the advancing and...
The TRIN (Arms Index), also known as the Short-Term Trading Index, is a technical indicator designed to gauge the internal strength or weakness of the market. It compares the number of advancing and declining stocks to the advancing and declining volume (AD Volume). A TRIN value above 1.0 generally indicates bearish market conditions, while a value below 1.0...
Input time A (open time) and time B (closing time) do not do anything with the year-month-date, it's there because I don't know how to fix it and it needs to be in such format. the difference of price will be shown on the indicator window one candle after the closing time (opening at such time) For research purpose only, no other intended purposes.
The Risk On/Risk Off Williams %R indicator is a technical analysis tool designed to gauge market sentiment by comparing the performance of risk-on and risk-off assets. This indicator combines the Williams %R, a momentum oscillator, with a composite index derived from various financial assets to determine the prevailing market risk sentiment. Components: ...
This script is a TradingView Pine Script that creates a custom indicator to analyze Commitment of Traders (COT) data. It leverages the TradingView COT library to fetch data related to futures and options markets, processes this data, and then applies the Williams %R indicator to the COT data to assist in trading decisions. Here’s a detailed explanation of its...
Publishing one of the simplest yet one of my favorite concepts. Had to publish since I didn't really find any script for this on TV. VWAP slope. This is nothing fancy because it's just calculating "slope" with a very basic level formula vwap_slope = (vwap - vwap ) / length Above zero line, it's positive zone. Below zero line, it's a negative zone. The idea is...
The Session Countdowns indicator is a powerful tool designed for traders who want to keep track of multiple trading sessions throughout the day. This indicator allows users to customize and monitor up to four different trading sessions with real-time countdowns until the session starts and ends. Customizable Sessions: Define up to four trading sessions with...
Overview The Wick Strength indicator is a unique script designed to measure and visualize the relative strength of candlestick wicks over time. By analyzing the relationship between upper and lower wicks, this indicator provides insights into potential market dynamics and price action patterns. How It Works The Wick Strength indicator calculates the "strength"...
This chart is designed to calculate and display the percentage change of the Magnificent 7 (M7) stocks and the S&P 500 excluding the M7 (Ex-M7) from the beginning of 2024 to the most recent data point. The Magnificent 7 consists of seven major technology stocks: Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL), Meta (META), Nvidia (NVDA), and Tesla...
The "US Futures Momentum Overview" indicator is designed to provide a comprehensive view of momentum across various U.S. futures markets. It calculates the Rate of Change (ROC) for multiple futures contracts and displays them as lines on a chart. Each futures market is plotted with a unique color for easy differentiation, allowing traders to quickly assess the...
The Spent Market Trading Pattern is a strategy developed by Larry Connors, typically used for short-term mean reversion trading. This strategy takes advantage of the exhaustion in market momentum by entering trades when the market is perceived as "spent" after extended trends or extreme moves, expecting a short-term reversal. Connors uses indicators like RSI...
This script provides a visual representation of various financial spreads along with their Simple Moving Averages (SMA) in a table format overlayed on the chart. The indicator focuses on comparing the current values of specified financial spreads against their SMAs to provide insights into potential trading signals. Key Components: SMA Length Input: ...