ZigZag+ (Macro + Internal Structure Tool)
ZigZag+ is a simple tool that helps traders to clearly identify and differentiate between macro and internal market structure, to help you keep your bearings of where you are currently in the overall picture.
It is especially difficult to keep your bearings within the larger structural trend when trading the lower...
REPOST; SCRIPT WORKS!!
Due to technical error, this script was republished! Thank you for your support (:
Hello!
This indicator comprises a real time TPO Market Profile!
The script works on any timeframe 1 second or greater - the script calculates relative to the timeframe selected for your chart.
The image above shows the 1-minute BTCUSD chart; 650 +/-...
█ This indicator shows an upper and lower band based on Highs and Lows.
Depending on this, the indicator interprets a ranging market, an uptrend or a downtrend.
█ Usages:
The purpose of this indicator is to identify when the price is ranging.
It's also used to identify changes in trends, breaking points, and trend reversals.
But it can also be used to show...
This indicator combines Kaufman Efficiency Ratio (KER) and Price Density theories to create a unique market noise filter that is 'right on time' compared to using KER or Price Density alone. All data is normalized and merged into a single output. Additionally, this indicator provides the ability to consider background noise and background noise buoyancy to allow...
Experimental script showing a different background color per market session. The session hours and colors can be customized. Note that the session hours can overlap.
Based on a thread by CrypNuevo on Twitter.
Market Sessions Day & Candles JRA V2.0
This indicator will allow you to:
- Create boxes for the Market Hours for:
'♯1 SESSION TOKYO'
'♯2 SESSION LONDON'
'♯3 SESSION NEW YORK'
You will be able to change the Hours depending your TimeFrame
You will be able to extend the boxes for the Market Hours and Have Fibonacci Levels on it.
- With every one of it you can...
The script can be used to send a JSON message to the webhook once per time. For example, to store market conditions in an external database. The latter is make sense for smaller timeframes due to TradingView limitations on the number of available bars. The interval between messages can be set in the settings. To set up transmitted market metrics, you will probably...
Basically the same script than Carusolnsights but without hidding the lines of code...
"This indicator displays the net number of stocks on the Nasdaq Composite making 52-week highs or lows. For instance, if there are 60 new 52-week highs and 20 new 52-week lows, the net number will display 40 net new 52 week highs. This indicator is particularty useful in gauging...
Correlation coefficient is a measure of the strength of the relationship between two values. It can be useful for market analysis, cryptocurrencies, forex and much more.
Since it "describes the degree to which two series tend to deviate from their moving average values" (1), first of all you have to set the length of these moving averages. You can also retrieve...
The CBOE VIX is a well-known index representing market expectations for volatility over the next 30 days.
The CBOE SKEW is an index reflecting the perceived tail risk over the next 30 days.
When the SKEW rises over a certain level (~140/150), that means investors are hedging their exposure with options, because they are worried about an incoming market crash or a...
Special for CLUB SM))) Special for CLUB SM))) Special for CLUB SM))) Special for CLUB SM))) Special for CLUB SM))) Special for CLUB SM))) Special for CLUB SM))) Special for CLUB SM))) Special for CLUB SM))) Special for CLUB SM))) Special for CLUB SM))) Special for CLUB SM))) Special for CLUB SM))) Special for CLUB SM))) Special for CLUB...
In a year, there are 248/ 252 trading days .
Half of this is 124. Even 125/ 126 can be taken.
For Ex: We get SRT value by dividing the Nifty Spot with 124 SMA value applied on Nifty in a Day Chart.
This value Travels between 0.6 ( Bottom) to 1.38/1.4/1.45/1.5 ( Top).
Ideal Entry in stock will be at 0.6, which is very rare. You tend to buy at...
Advance/Decline Line is a Market Breath indicator.
A/D line calculates a ratio between total number stocks advancing and total number of stocks in one day, providing another way to grasp the market breath at any moment.
We think the indicator covers the whole market, as we use data from the three main exchanges: NYSE, NASDAQ and AMEX.
The New York Stock...
Hello Everyone. I hope you are all doing great. It's been a long time since I posted my first script here, and I got a lot of response from that.
So, I thought I should share this script also to everyone, and anyone that may find it useful. Personally, I use it to tell the general market conditions.
Here's how I works : The script tries to determine the overall...
The NYSE Market Breadth Ratio is considered by some to be the “king” of market internals. It lets you know instantly how strong current buying or selling pressure is in the broad market, to eliminate guessing or opinion.
This indicator plots the Market Breadth Ratio values for the NYSE and the NASD exchanges in real time.
It also plots the NYSE Market Breadth...
Introduction
Wikipedia: A Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), ca 1959-1985. Steidlmayer was seeking a way to determine and to evaluate market value as it developed in the day time frame. The concept was to display price on a...
![BTCUSDT: TPO Market Profile [Kioseff Trading]](https://s3.tradingview.com/p/P9aVc7vy_mid.png "TPO Market Profile [Kioseff Trading]")
![BTCUSDT: Range Detector Indicator [Misu]](https://s3.tradingview.com/o/O9eCvZR0_mid.png "Range Detector Indicator [Misu]")
![SPX: Advance/Decline Line [IQ]](https://s3.tradingview.com/8/8aeB5imC_mid.png "Advance/Decline Line [IQ]")
