In the world of data visualization, heatmaps are an invaluable tool for understanding complex datasets. They use color gradients to represent the values of individual data points, allowing users to quickly identify patterns, trends, and outliers in their data. In this post, we will delve into the history of heatmaps, and then discuss how its implemented. The...
MNQ Calcultor that takes your stop loss and the prev candles close and shows you how much contracts you can enter for the amount that you're risking.
█ Background information The Relative Strength Index (RSI) and the Exponential Moving Average (EMA) are two popular indicators. Traders use these indicators to understand market trends and predict future price changes. However, traders often wonder which indicator is better: RSI or EMA. What if these indicators give similar results? To find out, we...
Releasing Volume Dashboard indicator. What it does: The volume dashboard indicator pulls volume from the current session. The current session is defaulted to NYSE trading hours (9:30 - 1600). It cumulates buying and selling volume. Buying volume is defined as volume associated with a green candle. Selling volume is defined as volume associated with a red...
Indicator Overview This indicator is derived from Market Value and Realized Value, which can be defined as: Market Value: The current price of Bitcoin multiplied by the number of coins in circulation. This is like market cap in traditional markets i.e. share price multiplied by number of shares. Realized Value: Rather than taking the current price of Bitcoin,...
A minimal breakout trend following indicator (Turtle trading). Entry is on the break of a Donchian channel and exit is on the reversal at a shorter-term Donchian channel (trailing stop). Entry levels are hidden in an active trend, and only the active exit level is shown. Levels and entry/exit markers can be shown or hidden independently.
Hello, This software is a technical analysis script written in the TradingView Pine language. The script creates a trading indicator based on Fibonacci retracement levels and the RSI indicator, providing information about price movements and asset volatility by using Bollinger Bands. There are many different scripts in the market that draw RSI and Fibonacci...
The Volume Profile Matrix indicator extends from regular volume profiles by also considering calculation intervals within the calculation window rather than only dividing the calculation window in rows. Note that this indicator is subject to repainting & back-painting, however, treating the indicator as a tool for identifying frequent points of interest can still...
Preface DonOsc stands for Donchian Channel Oscillator. This channel envelopes all prices, so if you set the height of the channel to 100 percent, you can plot the prices as percent in between, creating this sub-pane oscillator. For clarity the example chart shows a Donchian channel in the main-pane with the same look-back as the DonOsc, this way you can see how...
Library "BenfordsLaw" Methods to deal with Benford's law which states that a distribution of first and higher order digits of numerical strings has a characteristic pattern. "Benford's law is an observation about the leading digits of the numbers found in real-world data sets. Intuitively, one might expect that the leading digits of these numbers would be...
Library "CurrentlyPositionIndicator" Currently position indicator run(_index, _price, _stoploss, _high, _low, _side, _is_entered, _colors, _position_left, _box_width) Currently positions indicator Parameters: _index (int) : entry index _price (float) : entry price _stoploss (float) : stoploss price _high (float) : range high _low...
Price Extrapolator with Deviation Cones - A Powerful Tool for Predicting Future Prices Subtitle: Discover how this custom indicator can help you forecast potential price movements with greater accuracy, using historical data. Introduction Predicting future price movements is always a challenge for traders and investors. However, by using historical data and...
This is top and bottom finder indicator which is using RSI , Mavilimw(Kivanc's) , BB and WT it is better use this indicator on Daily Weekly and 4H chart There is 2 signal Buy and Sell , you can use different strategies such as ( when you see Buy signal you can buy 25% of your portfolio and when you see SELL signal sell 25% of portfolio ) rule is basic : Buy...
█ OVERVIEW This indicator automatically draws triple top patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price that is lower than the price...
Shades your chart background to flag events such as crises or recessions, in similar fashion to what you see on FRED charts. The advantage of this indicator over others is that you can quickly input custom event dates as text in the menu to analyse their impact for your specific symbol. The script automatically labels, calculates and displays the peak to...
█ OVERVIEW This indicator automatically draws triple bottom patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price that is lower than the...
█ OVERVIEW This indicator automatically draws double top patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price that is lower than the price...
█ OVERVIEW This indicator automatically draws double bottom patterns and price projections derived from the ranges that constitute the patterns. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red candle is one that closes with a close price that is lower than the...