This is MACD but little different. The idea behind this is to use MACD to find resistance and support level first. So we can use the logic of volume profiles for this setting and by imply the MACD on it you can make the hybrid for it . The line represent the both resistance level and if macd is above or bellow the zero if line is red the macd is bellow zero if it...
The classic value charts indicator has fixed overbought and oversold levels at 8 and 10 levels and the idea of adding dynamic zones around them instead of fixed levels is appealing. During the strong trending movements, the overbought and oversold levels also dynamically move up or down. I have used the dynamic zones code by @allanster. The idea of using dynamic...
MVPA=GDPPC/( M2 /POP). An adaptation to normal Money Velocity, taking into account populations for more volatile plots/different perspective. Major world economy's money supply velocity. Compare how each country's monetary policy has played out and current trajectory in comparison to others. The velocity of money is a measure of the number of times that the...
THIS SCRPT SHOWS NEW YORK MIDNIGHT OPEN PRICE AND 8.30 AM OPEN PRICE (AM SESSION) you can use this script in forex, indices and your platform timezone should be exchange market time or new york time
Индикатор основан на линии сопротивления и поддержки. РАБОЧИЕ ТФ 4ч и 6ч , на других СТРОГО НЕ СОВЕТУЕМ РАБОТАТЬ
Added the ability to hide the Peak ATH level so that you can zoom into lower levels with more detail. Useful when prices are tanking and you want a better view.
█ OVERVIEW Simple method to convert from input.text_area to array using str.split. Reshape table using switch, not necessary must use matrix.reshape. Might be useful pine script to replace input.symbol. █ FEATURES Table can positioned by any position and font size can be resized. Reshape table and sorting array if necessary. █ CREDITS Credits...
green is long target white is sl red is short target white is sl
look to go long for green target look to take short for red target
Fractal dimension, as described by BCA-research. When the function reaches the lower boundary, the fractal dimension collapses. This indicates that the market participants, on different time frames, now are all betting on the same direction. The market is now overextended. However, the boundary value is arbitrary and can be modified.
For anyone interested, Here is an example of how to put backtesting results into an Indicator. This calculates the same values as you find in the Summary Screen of the built in Strategy backtester. This will use the same result size as the standard backtester i.e. 5 minute chart grabs roughly 1 month of data, 1 minute chart grabs 1 week of data, etc... I tried...
'Study forloop' pinescript Program to print star diamond The Program Logic I've taken the previous script and added a footer to it. instantly transformed into a diamond shape.
This simple script indicate the potential flat market zones, calculated based on the Bollinger Bands width. It's showing the Bollinger Bands in red when the market is detected as flat. You can adjust the Width Threshold with precision on the inputs settings. Enjoy :)
This script is proof of concept to display an “error message” to provide user feedback when valid, but non-logical variables are input by the end user. In this example, the user enters a lower limit that is greater than the upper limit. The Pinescript user input box allows input types and min/max values, but it does not allow input conditions like (Upper > Lower)...
In this study, I present a method to expose NaN values to development environment. This exposure allows NaN values to be used by methods in scripts. I also show how to use values, even NaN values, as anchors from...
LeveLeledc - Exhaustion levels (InSilico) Method for zero confirmation support/resistance level detection using Leledc Exhaustion Bars Study is extension/mod of glaz script ,its implementing simple but unorthodox use-case for "Leledc Exhaustion Bars" More information on core function in source scripts page -> P.s Written...