The Sharpe ratio is an old formula used to value the risk-adjusted return of an asset. It was developed by Nobel Laureate William F. Sharpe. In this case, I have applied it to Bitcoin with an adjustable look-back date. The Sharpe Ratio shows you the average return earned after subtracting out the risk-free rate per unit of volatility (I've defaulted this to 0.02 ...
Killzones & Macros Library for Trading Sessions This Pine Script library is designed to help traders identify and act during high-volatility trading windows, commonly referred to as "Killzones." These are specific times during the day when institutional traders are most active, resulting in increased liquidity and price movement. The library provides boolean...
The "Currency Futures Statistics" indicator provides comprehensive insights into the performance and characteristics of various currency futures. This indicator is crucial for portfolio management as it combines multiple metrics that are instrumental in evaluating currency futures' risk and return profiles. Metrics Included: Historical Volatility: ...
Credit to the owner of this script "TalesOfTrader" The Awakening Checklist indicator is a tool designed to help traders evaluate certain key market conditions and elements before making trading decisions. It consists of a series of questions that the trader must answer using the options "Yes", "No" or "N/A" (not applicable). “Has Asia Session ended?” : This...
//@version=5 indicator(title="Test_MeteMix", shorttitle="MeteMix", overlay=true, max_labels_count=500) var string bg_trend = 'Gösterge değerleri' is_ma_lines = input.bool(true, title='MA çizgileri', group=bg_trend) var string ema_group = 'EMA değerleri' ema_length1 = input(5, 'EMA length1', group=ema_group) ema_length2 = input(8, 'EMA length2',...
This is a volume performance table that compares the volume from the previous trading day to the average daily volume from the previous week, month, 3-month, 6-month, and 12-month period in order to show where the rate of change of volume is contributing to the price trend. For example, if the price trend is bullish and volume is accelerating, that is a bullish...
Bullish Triangle Detection: A bullish triangle is identified when the highs are flat or increasing and the lows are rising, signaling an upward trend. The script uses ta.crossover for rising lows. If a bullish triangle is detected, a green triangle (▲) is plotted above the price. Bearish Triangle Detection: A bearish triangle is identified when the highs are...
Ichimoku Cloud Crosser_AIT The "Ichimoku Cloud Crosses_AIT" indicator is designed to leverage the Ichimoku Cloud components, focusing on the crossovers between the Tenkan-sen and Kijun-sen lines. This indicator visually displays these crossovers on the price chart to help traders identify potential long and short trading opportunities. 1. Indicator...
This Pine Script calculates the average volatility over the past 20 bars by taking the difference between the high and low prices. It then adjusts this volatility based on the previous closing price: if the price is below $20, the volatility is multiplied by 2, and if it’s above $20, the volatility is multiplied by 1.5. The adjusted volatility is then plotted on...
EMA14 Crossover Strategy with Conditional BUY/SELL Alerts This powerful script provides dynamic BUY and SELL alerts based on the interaction between price action and the EMA14 (Exponential Moving Average 14). Ideal for traders looking to capitalize on trend reversals and breakout patterns, this indicator helps you time entries and exits with precision. Key...
ROC is a statistical indicator which tracks how much a security's price has changed over a certain period, showing whether momentum is picking up or slowing down. It’s a handy tool because it helps traders spot trend changes and understand how strong a trend is. My ROC3 indicator will color the candlesticks based on the Rate of Change (ROC) and its Exponential...
The Strategy Is: MACD crossover signals (Buy when the MACD crosses above the Signal line, Sell when it crosses below). RSI conditions for overbought/oversold levels. Trend Detection: Uptrend and downtrend signals based on a 50-period SMA. ATR-based stop loss logic to manage trades.
//@version=5 strategy("Scalping Strategy", overlay=true) // EMA settings emaShort = ta.ema(close, 9) emaLong = ta.ema(close, 21) // RSI settings rsi = ta.rsi(close, 14) rsiOversold = 30 rsiOverbought = 70 // Entry conditions longCondition = ta.crossover(emaShort, emaLong) and rsi < rsiOversold shortCondition = ta.crossunder(emaShort, emaLong) and rsi >...
The PnF Displacement indicator is my custom script for TradingView, designed to analyze Point and Figure (PnF) charts with displacement features. Key components of the script include: User Inputs: Require FVG: A boolean input to determine if a Fair Value Gap (FVG) is required for displacement calculations. Displacement Type: Allows users to choose...
Apply on option premium charts of NIFTY/BANKNIFTY. It may work on stocks also.
Based on two indicators, Dynamic Money Flow with color switch AI Adaptive Money Flow Index (Clustering) And a lot of Help by ChatGPT4o The idea was to create a trend MFI with a shorter DMF to enter and exit the trades. Don't hesitate to share your settings and strategies or your updates of the indicator :)
it should show you the strngth of trend it should show you the strngth of trend it should show you the strngth of trend it should show you the strngth of trend