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...
NASDAQ Advance/Decline Line is a Market Breath indicator.
Brought to you by IQ-trading (Andrei Bogdan) via Trading View Pine script. If you find this helpful in anyway, please leave a like!
A/D line calculates a ratio between total number of NASDAQ stocks advancing and total number of NASDAQ stocks in one day, providing another way to grasp the market breath at...
Some instruments does not provide any volume information, therefore, as a fixed volume profile user, I needed a fixed market profile indicator to use the same principles, regardless of whether the volumes are available or not.
This script draws a market profile histogram corresponding to price variations within a specific duration, you only need to specify Start...
Sup TV, 2 important points .
1) surprisingly, it's the first MP Visible Range script on TV;
2) This one doesn't use any bagging/binning*, instead each row represents the time spent on the actual minimal price steps (aka ticks).
The script will be further extended with usual market profile related functionally in future updates. At this point we have:
- Profile...
Welcome to Market Sniper!
This indicator attempts to catch market tops and bottoms based on the market being extremely extended in its respectful direction. It combines a Triple Stochastic RSI as well as MACD convergences to strengthen the signal. A standard RSI can also be shown if needed.
Highlighted green means that you are moving towards a potential...
––––History & Credit
There are multiple methodologies that use Net New Highs for the NASDAQ or NYSE as a market direction indicator. Recently, I saw Matt Caruso to also apply such methodology, so I decided to code this indicator.
–––––What it does
👉 Plots a Net Change histogram. This shows New Highs - New Lows, if the histogram is above 0 this means there are...
█ MARKET SESSIONS BY ANCHE
this script allows you to define up to 4 different sessions and plot those on your chart. It makes it easy to see when these sessions started and ended and what the price level is when the session opened. It's for example beneficial to see when sessions overlap, because at those times there might be more volume , because more people...
This indicator is meant to give an overall indication of risk and a very basic implementation of the modified mannarino market risk indicator. I take no credit for the original formula, and just decided to hack this together so that it could be useful to the community
This indicator combines some of the commonly used moving averages, VWAP, and TICK sentiment, all of which are useful for all types of trading
By default, this indicator includes:
- 21/50/100/200 period smoothed simple moving average
- great for determining trends
- also act as support / resistance line for price
- 9 period exponential...
The indicator marks the last fractal highs and lows (W,D,4H and 1H options) to help determine current market structure. The script was created to help with directional bias but also as a MTF visual aid for stop hunts/liquidity raids.
Liquidity areas are where we assume trader's stop losses would be when buying or selling. Liquidity lies above and below swing...
––––History & Credit
Developed by Dr. Van Tharp, SQN it is the ratio between the R-expectancy and its standard deviation, multiplied by the square root of the number of trades.
Here is an extract of Dr.Tharp's blog post:
Importance of Market Type
Basically, my definition of a bull market is one that’s going up. A neutral (or sideways) market is one that moves...
Traders tend to focus their energy on specific sessions or time periods. This indicator will plot the days of the week, and also highlight the following sessions: Frankfurt (2:00am - 11:00am EST), London (3:00am - 12:00pm EST), New York (8:00am - 5:00pm EST), Sydney (5:00pm - 2:00am EST), Tokyo (7:00pm - 4:00am EST).
It’s important to be aware that Session Open...
Market Structure indicator is designed for lightning-fast understanding of market conditions. It works very simply.
White bars signal a bullish market structure.
Black bars signal a bearish market structure.
It is possible to construct an independent trading strategy based on this indicator, starting from pivots:
HH - Higher High
LL - Lower Low
HL -...
VGNOMICS Scalper is a tool to help you find great scalping opportunities. There is great variety of ways to use this indicator to get amazing results. The VGNOMICS Scalper is a new trading indicator that can be used in any market. The technique we combine with this indicator is easy to learn and apply to your trades, but practice makes perfect. This indicator is...
$$ Market noise can be problematic to some types of trading strategies yet beneficial to others.
By measuring noise using the 'Price Density' can enable us to improve our
trading edge and turn noise to our advantage.
Robust analysis of noise can inform us when it is best to avoid trend-following
systems (when noise is too high), and vice versa for systems...
This indicator uses regression along with RSI and moving averages from multiple time frames to help you visualize the market in a single view. After learning the notations, you will be able to identify pockets of liquidity and determine high/low probability price zones without drawing a single line.
Booster symbols help confirm short term trends and breakouts...
![SPX: [TTI] Net New Highs / Lows](https://s3.tradingview.com/w/wIP9OsY3_mid.png "[TTI] Net New Highs / Lows")
![BTCUSDT: Price density [Measuring Market Noise:Take advantage]](https://s3.tradingview.com/x/XBnX88JR_mid.png "Price density [Measuring Market Noise:Take advantage]")
