Description: This indicator works well in trendy markets on long runs and in mean-reverting markets, at almost any timeframe. That said, higher timeframes are much preferred for their intrinsic ability to cut out noise. The example chart is in 3H TF. Be mindful, the script shows somewhat erratic jigsaw-like behaviour during consolidation periods when the...
This indicator will show how fast the rsi of a symbol is changing. you can see this as a differentiation function on rsi . this will show the change in rsi in percentage. Ex: suppose the rsi of a symbol at present is 60 and the previous value of rsi was 52, as you can see the rsi has increased, which is a sign of the symbol being bullish . this indicator will...
Inside Bar: Inside Bar is defined as, " when candle body range falls within previous day candle body". Some of us take the whole prices range . Here i have taken only the price range of the body of tehecandle. I have created an indicator to identify Inside bras and draw target levels on both the sides. Traders can easily convert it into a strategy and...
Hello there! I would like to share my script. This is S/R levels indicator based on custom range for each step used for computing minimum/maximum of the range. For example - we predefined step with 50 candles as one, after we have got the minimum and maximum of it - we come to the next 50 candles and do the same to it. Finaly - we have got 20 lines for 10...
The backtesting is most powerful tool in our trading routine. It allows to check different trading theories and methods and so on, it also trains you to see how price behaves in different stages of the market. TradingView provides great Reply Tool in order to achieve that. And to me it is the best out of anything Ive met til now. Why do I need this...
ERVIEW This indicator is intend to display Bursa Malaysia Index Series. █ FEATURES 1. Choose available sector based on Bursa Malaysia Index. 2. Plot close or OHLC. 3. Color of Closing price plot adapt to chart background color. 4. Font size can be selected. █ EXAMPLES / USAGES
Profit monitor refers to a tool or system used to track and analyze a company's financial performance, specifically its profitability. This can be in the form of software, spreadsheet, or dashboard that displays key metrics such as revenue, expenses, and net profit over time. The goal of a profit monitor is to give stakeholders, such as business owners, investors,...
Hello All For a while I have been working on this indicator to compare financials of the companies and sort them accordingly. Finally I completed and published it. I preferred using new object type feature in Pine language™ and I hope it might be an example and helpful for the developers. First of all, as we have limitation on security calls, the indicator...
Plots the sum of the balance sheets of the world's major central banks - FED, ECB, BoE, PBoC, BOJ, India and Switzerland - in a currency of your choice. Defaults to USD. Also shows FED net liquidity (balance sheet - tga - rrp) for comparison. Uses a configurable multiplier to make the two lines viewable on the same price scale.
This simple indicator displays a countdown for the amount of time left until a bar of your chosen timeframe closes. Displays up to 5 different HTF countdowns. Fully Customizable to fit any style, change the text colors, background colors, frame colors, display size and border & frame widths. Flat display option for a sleek look to mesh with your charts. ...
Since my own style is Smart Money Concept and these days I have seen a lot of my friends who are having trouble identifying structures for their indicators and strategies. I wrote this code so they could use it in their strategy . In fact, this type of structure, as one of the strongest technical structures, can increase the success of your strategy according to...
Keep higher timeframe OHLC in mind by watching the candle form on LTF charts. Inspired by ICT concepts, specifically concerning the daily OHLC.
This is a simple educational indicator that draws a pseudo-random new card from the deck every time the bar changes. This indicator is not intended to be used for making trading decisions; it's just for fun. The coding concept is a fork/iteration of the Inspirational Watermark indicator which can be found here !! DISCLAIMER: The PineScript(v5) function...
Shows basic pivot point of support and resistance levels. Will show alerts for break of sup. or res. Allows for a volume filter for sup. res. breaks as well. "B" means break of either a Sup. or Res. level with volume greater than the threshold. "Bull/Bear Wick" means bullish/bearish candle on break. Left - number of bars left hand side of the pivot . Right...
I have created a peer performance dashboard for: 36 stocks from: 5 sectors of Nifty 100 This kind of dashboard is very useful for traders when they are planing to trade in a stocks and like to see how that is stocks is performing against other stocks in the same sector . Picking outperforming stocks will always give outstanding results when market starts...
When you enter a typical trading challenge, you are told that your accreditation assessment demo account is funded up to a certain amount. You are then told that you can only lose a small percentage of that account before you fail the accreditation/challenge. For example, if you are given a $100,000 dollar challenge demo account and are told that you can only...
This script is part of the Library Progressbar - Showcase. You can find it under:
This indicator is to allow you to plot trading session times on your charts