█ OVERVIEW This oscillator calculates the directional strength of bars using a primitive weighing mechanism based on a small number of what I consider to be fundamental properties of a bar. It does not consider the amplitude of price movements, so can be used as a complement to momentum-based oscillators. It thus belongs to the same family of indicators as my ...
The Swing Oscillator is an indicator that can help you catch small price movements, called swings. Swings are minor trends that occur when price moves between the highs and lows of a trend or range. Because of the short-term nature of swings, a new movement should be identified as soon as possible. The indicator is based on our original formula, which averages the...
what is "Limited MACD"? it is macd but it has some useful additional features. what it does? it takes limited values ??just like rsi. The highest value it can take is 100 and the lowest value is -100. this way it gets the same highs and lows for different symbols and time slots. which means we can set overbought and oversold values ??with it. he also paints...
Library "kNN" Collection of experimental kNN functions. This is a work in progress, an improvement upon my original kNN script: The script can be recreated with this library. Unlike the original script, that used multiple arrays, this has been reworked with the new Pine Script matrix features. To make a kNN prediction, the following data should be supplied...
Hello everyone, I present my first script. In it I collect a group of fully configurable moving averages, both in color, value and selection of the ones we want to observe. The moving averages I collect are 3 of each of the following types: EMA: An exponential moving average ( EMA ) is a type of moving average (MA) that places a greater weight and significance on...
Use this script on Daily Timeframe. This script calculates Daily Moves ( Intraday / Close basis ) and buckets them into 1% / 2% / 3% moves Also calculates MAX DD for the financial year from Peak to Trough Helps in identifying volatility of the instrument and high drawdowns due to volatility
This indicator displays a Rolling Moving Average Convergence Divergence . Contrary to MACD indicators which use a fix time segment, RMACD calculates using a moving window defined by a time period (not a simple number of bars), so it shows better results. This indicator is inspired by and use the Close & Inventory Bar Retracement Price Line to create an MACD in...
Due to popular request, this is an envelope implementation of my non-repainting Nadaraya-Watson indicator using the Rational Quadratic Kernel. For more information on this implementation, please refer to the original indicator located here: What is an Envelope? In technical analysis, an "envelope" typically refers to a pair of upper and lower bounds that...
AM SRT In a year, there are around 248 to 252 trading days . On dividing the same by 2 we get 124. Even 125 / 126 can be taken. We get SRT value by dividing Nifty Spot with 124 SMA value & SRT is applicable on Nifty in a Day Chart. This value ranges in between 0.6 (Low) to 1.38/1.4/1.45/1.5 (High). Ideal Entry in a stock will be at 0.6, which is very rare. You...
Correlation-Co _OI This Indicator uses a Correlation Coefficient to compare a Crypto Currency to the Binance Open Interest feed if the data is provided A move in the same direction is indicated with a positive value (the indicator will move up) A move in the opposite direction the indicator will indicate with a negative value (the indicator will move down) If...
This script lets you pick 20 symbols to check for ma crosses. The way it works is it scans all 20 of your symbols for moving average crosses and then it sends an both a regular alert and a visual alert inside of the indicator. I found that ma cross strategies are very popular right now so I thought it would be nice to have one indicator instead of 20 discord...
Credit to all of the developers on this project (aka all of the places I got the code from lol) @eylwithsteph @storma @Fractured @lejmer @AlexGrover @Montyjus @Jiehonglim @StephXAGs @peacefulLizard50262 @gorx1 @above-c-level This script utilizes @above-c-level 's Student's T-Distribution script to give us a great estimation of volatility. I took this idea and...
Credit to all of the developers on this project (aka all of the places I got the code from lol) @eylwithsteph @storma @Fractured @lejmer @AlexGrover @Montyjus @Jiehonglim @StephXAGs @peacefulLizard50262 @gorx1 @above-c-level This script utilizes @above-c-level 's Student's T-Distribution script to give us a great estimation of volatility. I took this idea and...
This is a simple trend indicator that gives you a few options on how to view the data. The way this works is it takes the open, close, high and low and it smooths them with an exponential moving average. Next we smooth a bit with a simple moving average to clear up the data. Finally we normalize everything to the average high and low. With this you can compare the...
As the terms global and local imply, global RSI describes broad relative strength, whereas local RSI describes local relative strength within the broad moves. A macro and micro view of relative strength so to speak. Global and local RSI are simply regular RSI and stochastic RSI. Local RSI extremes ( stochastic RSI oversold/overbought) often mark a pivot in RSI...
ATR+ Advanced Sessions ATR for Daterange The ATR+ adds the following additional filters to the stock ATR indicator by Tradingview: - Calculates the overall average ATR for a user defined daterange, optionally filtered by trading session and selected weekdays, presented as a secondary line over the standard ATR line. - Basic ATR line, with colour highlight to...
Displays trading sessions in a very flexible way. The main intention of this indicator is to give a way to display market sessions with your own style preferences and expectations and achieve cleanness of your chart. This indicator allows to show up to 6 sessions plus day session. Time range of the sessions are set in timezone you choose. Mostly all settings can...
This is just a Fibonacci Retracement tool with some interactive information based on the actual closing price How to use: add the script, input left bottom with the 1st click, input top with the 2nd click Informations you can see than: Fiblevel (Price) %till_this_point = pricedifference additional: Bottom of the fib Range Up in % +...