TotalCustom sums our custom altcoin list's market caps together. Primarily used to compare to the following: A. price of bitcoin B. Total 1, Total 2, Total 3 Used in the following way: When there is a large gap on fixed time frames (i.e. 3 month, 6 month, YTD) between this indicator and the main comparisons, it is generally considered a good time to buy.
Sample Code This is a sample code for my Backtest Strategy Optimizer Adapter library. You can find the library at: Backtest Strategy Optimizer Tester With this indicator, you will be able to run one or multiple backtests with different variables (combinations). For example, you can run dozens of backtests of Supertrend at once with an increment factor of...
Support and resistance levels for the day based on the volatility index. Major - The Major support line where the day low, high or close can occur at that level Minor - The second level of the Support/Resistance line , where we can expect some rejections or breakouts/breakdowns Mild - The mid level between the Major and minor levels. The market may...
This Indicator allows for a ‘Optimal Length’ to be inputted within the Settings as a Source. Unlike most Indicators and/or Strategies that rely on either Static Lengths or Internal calculations for the length, this Indicator relies on the Length being derived from an external Indicator in the form of a Source Input. This may not sound like much, but this...
This indicator is designed to visually represent percentage lines from the open of the day. The % amount is determined by X amount of the last days to create an average...or Average Daily Range (ADR). 1. ADR Percentage Lines: The core function of the script is to apply lines to the chart that represent specific percentage changes from the daily open. It first...
From Adam H Grimes: "Introducing a New Tool: The MAC Spike" Mean Absolute Change Spikes (“MAC Spikes”). Here are the steps to calculate it: -Convert each day’s closing price to a change (difference) by subtracting it from the previous day’s closing price. -Take the absolute value of that change. -Average the past 20 days absolute values to create the...
Extremes Profiler is a specialized indicator crafted for traders focusing on the relationship between price extremes and moving averages. This tool offers a comprehensive perspective on price dynamics by quantifying and visualizing significant distances of current prices from various moving averages. It effectively highlights the top extremes in market movements,...
🌈 "Rainbow Fibonacci Momentum - SuperTrend" Indicator 🌈 IMPORTANT: as this is a complex and elaborate TREND ANALYSIS on the graph, ALL INDICATORS REPAINT. Experience the brilliance of "Rainbow Fibonacci Momentum - SuperTrend" for your technical analysis on TradingView! This versatile indicator allows you to visualize various types of Moving Averages, including...
Another indicator release, I know. But note, this isn't intended to be a stand-alone indicator, this is just a functional addition for those who program Machine Learning algorithms in Pinescript! There isn't enough content here to merit creating a library for (it's only 1 function), but it's a really useful function for those who like machine learning and Nearest...
This is a supporting Indicator for the Volume Price Analysis Script VPA 5.0. Purpose To indicate the performance of the stock compared to an Index or any other selected stock. It also provides an idea about the strength of the Reference Index as well. Description The indicator is an unbound oscillator moving around a zero line. If the stock is strong then...
The Big Whale Explorer is an indicator that looks into the ratio of large wallets deposits vs withdrawals. Whales tend to sale their holding when they transfer their holdings into exchanges and they tend to hold when they withdraw. In this overlay indicator you'll be able to see in an oscillator format the moves of large wallets. The moves above 1.5 turn into...
This indicator provides you with the ability to select from a variety of candle prediction methods. It permits for: 👉 Traditional Linear Regression Candle Predictions 👉 Candle Predictions based on the underlying Stochastics 👉 Candle Predictions based on the underlying RSI 👉 Candle Predictions based on the underlying MFI 👉 Candle Predictions based on the EMA...
Overview This trading indicator integrates three distinct analytical tools: the Savitzky-Golay Filter, Kaufman Adaptive Moving Average (KAMA), and Hodrick-Prescott (HP) Filter. It is designed to provide a comprehensive analysis of market trends and potential trading signals. Components Hodrick-Prescott (HP) Filter Purpose: Smooths out the price data...
Channels Strategy User Description: This Channels strategy is a powerful technical analysis tool that empowers traders with a comprehensive view of the market's support and resistance levels. Designed for both beginners and experienced traders, this strategy brings a systematic and adaptable approach to chart analysis. Default Parameters: Swing Length...
Alert on Candle Close is a simple indicator allowing you to set alerts when a candlestick closes. Instructions for use From the chart window, click on "Indicators" and search for "Alert on Candle Close". Click on "Alert on Candle Close" to add the indicator to your chart. Click on the star icon to add it to your favourites to easily access later. Set your...
User Description: This indicator is designed to provide insights into market trends based on multiple moving averages with customizable offsets. It combines short-term and long-term moving averages to offer a comprehensive view of price movements. The user can adjust various parameters to tailor the indicator to their preferred settings. How the Strategy...
This indicator was created with the idea that if everyone trades, it will move in that direction, i.e., it will repeatedly converge on an unaware area. The unaware area is defined by calculating the difference between the high and high of the current bar and the previous bar, and the low and low of the current bar, and then plotting the maximum and minimum values...
The Klinger Oscillator is not fully implemented in Tradeview. While the description at de.tradingview.com is complete, the implementation is limited to the pure current volume movement. This results in no difference compared to the On Balance Volume indicator. However, Klinger's goal was to incorporate the trend as volume force in its strength and duration into...