The “2-Year - Fed Rate Spread” is a financial indicator that measures the difference between the 2-Year Treasury Yield and the Federal Funds Rate (Fed Funds Rate). This spread is often used as a gauge of market sentiment regarding the future direction of interest rates and economic conditions. Calculation • 2-Year Treasury Yield: This is the return on...
The 9:20 AM 5-Minute Candle refers to the candlestick that represents the price action of a financial asset between 9:20 AM and 9:25 AM on a trading day. This candle is observed on a 5-minute chart and captures all the market activity during this specific time window. Description: Timeframe: 9:20 AM to 9:25 AM (5-minute interval). Opening Price: The price at...
Not sure to call it as willspread or not, because i take this idea from Larry William's original willspread indicator and did some modifications which found out to be more effective in my opinion, which is by subtracting 21 and 3 ma, this indicator is found on Trade_Stocks_and_Commodities_With_the_Insiders page155. Feel free to find out. Here's what I modified,...
Tensor-Based Classification Experiment This innovative script represents an experimental foray into classification techniques, specifically designed to analyze returns within a compact time frame. By leveraging tensor-based analytics, it generates a comprehensive table that visually illustrates the distribution of counts across both current and historical bars,...
This strategy is based on trading signals derived from the behavior of the Volatility Index (VIX) relative to its 10-day moving average. The rules are split into buying and selling conditions: Buy Conditions: The VIX low must be above its 10-day moving average. The VIX must close at least 10% above its 10-day moving average. If both conditions are...
Introduction It calculates the percentage of assets trading above their 20-day moving average (MA20), providing a clear view of market breadth and highlighting the strength of an uptrend or downtrend. Features • Market Breadth Analysis: The MA20 Market Breadth Indicator tracks the number of assets trading above their 20-day moving average, offering an...
Overview The Market Cycle Phases Indicator is a powerful tool designed to help traders identify and visualize the different phases of market cycles. By distinguishing between Accumulation, Uptrend, Distribution, and Downtrend phases, this indicator provides a clear and color-coded representation of market conditions, aiding in better decision-making and strategy...
The Global MPMI Overview Indicator is designed to provide a comprehensive view of the Manufacturing Purchasing Managers' Index (PMI) for various countries and regions. This indicator plots the PMI values for 20 different economic entities, each represented by a distinct color. The PMI is a crucial economic indicator that reflects the health of the manufacturing...
The Connors RSI with Down Gap indicator is a technical tool designed to support Larry Connors' Terror Gap Strategy, which is part of his broader framework outlined in the book "Buy the Fear, Sell the Greed: 7 Behavioral Quant Strategies for Traders." This specific indicator integrates the ConnorsRSI calculation with a focus on detecting down gaps in price,...
The ticker symbol for the NYSE CUMULATIVE Tick Index is TICK. The Tick Index is a short-term indicator that shows the number of stocks trading up minus the number of stocks trading down. Traders can use this ratio to make quick trading decisions based on market movement. For example, a positive tick index can indicate market optimism, while readings of +1,000 and...
This script is a TradingView Pine Script (version 5) for calculating and plotting statistical moments of a financial series. Here's a breakdown of what it does: Script Overview Purpose: The script calculates and visualizes moments such as Mean, Variance, Skewness, and Kurtosis of a price series. It also provides the option to display log returns and various...
Momentum with ATR and Volatility Description in English: This indicator combines price momentum with market volatility to identify entry and exit points in trades. It utilizes the difference in closing prices (momentum) and the Average True Range (ATR) to measure volatility. Buy and sell signals are generated based on the combination of these two...
Indicator Objective The "Trend identifier with signals - Swing Trading" indicator is designed to help traders identify market trends and provide clear visual signals for potential buy and sell points based on the interaction of price with the 20-period moving average. How the Indicator Works 20-Period Moving Average: The indicator calculates the 20-period simple...
This PineScript code creates an indicator called "Reward Ratio Validator" that helps traders evaluate potential trade setups based on pivot points, standard deviation, and risk/reward ratios. Here's a breakdown of what the code does: 1. Input parameters: - Pivot: Number of bars for pivot calculation - STDEV Length: Number of bars for standard deviation...
Enhanced Trend Arrows with Moving Average Description in English: This indicator is designed to identify market trends using a moving average and displays arrows after three consecutive closes above or below the moving average. It helps traders visualize confirmed trends and make informed decisions. Detailed Explanation: Configuration: Length: Defines the...
I discovered that whenever there's huge change in long IO or short IO there will be a momentum shift. So, I created this indicator to spot massive explosive volume changes for commercials and non commercials activity. Using standard deviation 2 and -2 as extreme point. Whatever crossing above standard deviation 2 indicating positions are added regardless whether...
Trend Lines with Gradient Description in English: This indicator identifies trend lines and applies a gradient coloring to visualize the strength of the trend over time. The color is stronger at the beginning of the trend and weaker at the end, helping traders to visually assess the trend's development. Detailed Explanation: Configuration: Length for Trend...
//@version=5 indicator(title='Candle_Volume', shorttitle='Candle Volume', overlay=true) Length = input(60) Red = input(3.5) Orange = input(2.5) Yellow = input(1.5) White = input(0.5) mean = ta.sma(volume, Length) std = ta.stdev(volume, Length) stdbar = (volume - mean) / mean res = volume / mean //colorbar = stdbar > Red ? red : stdbar > Orange ? orange : stdbar...