This script calculates and displays some bar statistics.
For the bar length statistics, it takes every length of upper or lower movements and calculates their average (with SD), median, and max. That way, you can see whether there is a bias in the market or not.
Eg.: If for 10 bars, the market moved 2 up, then 1 down, then 3 up, then 2 down, and 2 up, the...
This is combo strategies for get a cumulative signal.
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...
Weighted Harrell-Davis Quantile Estimator with Absolute Deviation Fences.
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
In Finance, people usually assume the price follows a random walk or more precisely geometric Brownian motion. In 1988, Lo and MacKinlay came up with the variance ratio test to refute the random walk hypothesis and efficient market hypothesis. The variance ratio test is a simple test for market efficiency, autocorrelation, and whether price follows a random walk....
Displays volume data in panel on bottom right of screen. Shows current bar, change from last bar and average of last 20 bars. This number can be changed in settings if you wish to have the average calculated on a different amount of bars.
Creates a Histogram for Statistical Analysis of any source.
Sample Source: Select your source here, can be any numerical source.
Sample Period: Sample size for Mean and Standard Deviation Calculations.
Enable Cumulative Mode: Will attempt to calculate the bin for every sample in the entire dataset.
Window Period: Used only in Window Mode...
The Hurst exponent is used as a measure of long-term memory of time series. It relates to the autocorrelations of the time series and the rate at which these decrease as the lag between pairs of values increases.
The Hurst exponent is referred to as the "index of dependence" or "index of long-range dependence". It quantifies the relative tendency of a time series...
Shows the Daily, Weekly, Monthly, Quarterly, and Yearly VWAP.
Also shows the previous closing VWAP, which is usually very near the HLC3 standard pivot for the previous time frame. i.e. The previous daily VWAP closing price is usually near the current Daily Pivot. Tickers interact well with the previous Daily and Weekly closing VWAP.
Enabling the STDEV bands...
A good amount of users requested a text box showing various price statistics, the following script returns various of these stats in a user-selected range, and include classical ones such as a central tendency measurement (mean), dispersion (normalized range) and percent change, but also include less common statistics such as average traded volume and number of...
These 3 indicators can be really useful.
The usage is fairly straightforward, if you understand price action, having an statistical edge like these provide can be useful.
Refer to Tim West's charts to learn more about range expansion bars.
The idea for the Atr% and Atr timer come from discussions I had with Yacine Kanoun, props to him for his contribution.
*** Full description in the comment below ******
This chart has 3 indicators:
- Chande's R2
- Inverse Fisher Transform on CCI
Feel free to "make mine" (click on the SHARE button) and use these indicators in your charts.
In statistics, the Durbin–Watson statistic is a test statistic used to detect the presence of autocorrelation at lag 1 (AR(1) process) in the residuals (prediction errors) from a regression analysis. With the new array function tradingview implemented, we are able to do our calculations on the residuals.
The residual is given by subtracting the actual value (in...
EVWMA ACCUMULATION/DISTRIBUTION PRESSURE & FRACTAL BANDS
Version: 3.0 @ 4.11.2015
By Ricardo M Arjona @XeL_Arjona
The following indicator IS NOT INTENDED TO BE A FORMAL INVESTMENT ADVICE OR TRADING RECOMMENDATION BY THE AUTHOR, nor should be construed as such. Users will be fully responsible by their use regarding any kind of trading...
Pattern Recognition Probabilities (PRP) is a REALLY smart indicator. It uses the correlation coefficient formula to determine if the current set of bars resembles that of past patterns. It counts the number of times the current pattern has occurred in the past and looks at how it performed historically to determine the probability of an up move, down move,...
TRADINGVIEW BACKTEST SCRIPT by Lionshare (c) 2015
THS IS A REAL ALTERNATIVE FOR LONG AWAITED TV NATIVE BACKTEST ENGINE.
READY FOR USE JUST RIGHT NOW.
For user provided trading strategy, executes the trades on pricedata history and continues to make it over live datafeed.
Calculates and (plots on premise) the next performance statistics:
profit - i.e. gross...
😷 COVID-19 Coronavirus Tracker & Statistics Tools by Cryptorhythms 😷
I wanted to put some more meaning behind the numbers for 2020's Covid pandemic. I hope this tool can help people analyze and deal with these hard times. With these metrics I hope to give greater depth and dimension to whats available. While also at the same time creating something...
Pair trading is employed by professional traders to outperform the market. This script is a complete trading strategy where you can set your own parameters and the system will generate ready to trade signals. All you have to do is just execute profitable trades based on your own parameters.