Lumber to Gold ratioDISCRIPTION:-
Lumber to gold ratio helps to predict up upcomming market correction as investors are flocking towards safe heaven.
USE CASE SCENARIO:-
If the ratio is above the zero horizontal line it is a risk of scenario
If the ratio plunge below zero it might show imminent market correction.
Индикаторы ширины рынка
BUFFET INDICATORDISCRIPTION
The stock market cap to GDP ratio has become known as the Buffett Indicator in recent years, as Warren Buffett commented that he believes it is “probably the best single measure of where valuations stand at any given moment.”
CALCULATION
100*VALUE OF ALL STOCKS IN COUNTRY/GDP OF COUNTRY
100*wilshire5000/gdp
Nunchucks✖ Nunchucks
A new way to display market data
Does not flip color during current candle
Displays Higher and Lower than the previous nunchuck's range
Use it with current price line
Trend Background by Alejandro PThis indicator is a comprehensive trend indicator designed to help traders filter market conditions for their trading.
The indicator has the option to use a classic Simple Moving Average as a trend filer or a more advanced Simple Moving Average Slope.
The indicator can also use the Aroon indicator as the trend filter and both the SMA and Aroon can be used together to only trade in strong trends.
The Simple Moving Average Slope and the Aroon filters can allow you to filter our 3 market conditions. 1- Upwards Trend, 2- Downwards Trend, 3- Ranging
By tuning these filters to your strategy you can make sure you are only taking trades when the trend is on your side and you can even filter out ranging market conditions to trade the best strategies depending on the market conditions.
Technical details:
If the Simple Moving Average filter is on and the Slope filter if off the indicator will determine the trend by where the price is relative to the moving average. If the price is higher than the SMA then the trend will be bullish, if the price is below the SMA the trend will be bearish.
If SMA filter and Slope FIlter are both on then the trend es defined by the slope of the SMA, this means that if the SMA slope is increasing then the trend will be bullish, if the slow is negative then it will be bearish, but if the slope is within a certain percentile that is classified as neutral then there will be no trend or a neutral market.
If the Aroon filter is enabled this will calculate the trend by the percent of candles with new highs or lows in a similar way as the SMA slope filter works
If both filters are enabled then both filters will have to coincide for a bull or bear trend to be determined.
Forex bot full strategy with risk managementThis is a full strategy designed for forex major pairs, specially EUR/USD using 1h time frame chart.
Its components are
200 EMA
MACD
OBV
PSAR
RIsk management with tp and sl movements
Rules for entry
For long = Previous histogram from MACD was below 0 and current one is above 0. CLose of a candle is above EMA 200 , OBV oscillator is negative and we have an uptrend from PSAR
For short = Previous histogram from MACD was above 0 and current one is below 0. CLose of a candle is below EMA 200 , OBV oscillator is positive and we have an downtrend from PSAR
Rules for exit
For tp and sl values we calculate the distance from the close of candle until the psar values.
If you have any questions, let me know !
Advanced VolumeThis simple indicator improves upon the built in volume indicator by adding the following:
-Option to use an EMA instead of SMA
-Advanced Coloring: Lighter bars show growing volume, darker bars show falling volume. Gray bars show very low relative volume (less than or equal to 50% of the moving average), while bars which have a highlighted background have a high relative volume( you can choose the threshold level, default is 2 times the RVOL).
Enjoy!
PercentChannelSimilar to my "DollarChannel" script, this keeps track of lows and highs, but snaps a line whenever A) the high exceeds low+(low*ratio), or B) low falls under high-(high*ratio).
This results in a channel that tracks percent-changes rather than absolute dollar-value changes.
12 Weeks of Weekly LevelsA very simple indicator, which basically looks back on the past 12 weeks at 8PM EST and finds the highs and the lows. Once it finds those levels, it draws them as horizontal rays on the chart. The lows are drawn in green (to indicate previous buy zones) and the highs in red (to indicate previous sell zones). No user inputs are required
Nothing fancy, just weekly levels for the past quarter. You can easily draw these on a chart yourself, but it becomes very time consuming if you are watching a bunch of instruments and then Sundays come around.
Special shoutout to rumpypumpydumpy on StackOverflow for helping me work out the kinks, this is the first indicator I ever created. Hope it helps you find confluence in your decision making
Relative Fundamental ComparisonWhen dealing with stocks, I like to review basic fundamentals of the company. This script displays the fundamental ratios of base chart stock with three other stocks (I can’t increase the number due to security function limitations). I found it particularly important when dealing with an unknown company. I quickly compare the company with other industry leaders to get a comparative fundamental review.
I am very new to Pinescript, so waiting for your comments and review.
Market breadth Percentage of stocks above MA of various indexesPercentage of stock above moving average is a common market breadth indicator. This script can show multiple lines of percentage of stock above different moving average (5,20,50,100,150,200) of different US indexes.
Volume Profile / Fixed RangeHello All,
This script calculates and shows Volume Profile for the fixed range . Recently we have box.new() feature in Pine Language and it's used in this script as an example. Thanks to Pine Team and Tradingview!..
Sell/Buy volumes are calculated approximately!.
Options:
"Number of Bars" : Number of the bars that volume profile will be calculated/shown
"Row Size" : Number of the Rows
"Value Area Volume % " : the percent for Value Area
and there are other options for coloring and POC line style
Enjoy!
Cumulative Volume OscillatorCVO: Cumulative Volume Oscillator allows you to choose between 3 types of oscillators based on volume indicators:
-OBV (On Balance Volume)
-CVD (Cumulative Volume Delta)
-PVT (Price Volume Trend)
Being a volume based oscillator this indicator allows for the detection of divergences between price action and volume, ideal for predicting reversals.
As an oscillator you can choose the length of the fast & slow EMAs, and a signal line is provided for trend following.
Test - Gramian Angular FieldExperimental:
The Gramian Angular Field is usually used in machine learning for machine vision, it allows the encoding of data as a visual queue / matrix.
BULLSEYE BORDERS (Combined Price Action Follower)Developed for Crypto Currency Market! Use for 15 minutes period or more! Under 15 minutes, results are unpredictible.
This script had been orginized with Donchian Lines based on support and resistance levels.
Rules:
If the price is under top line, you will be ready for short position, and over the bottom line, long position.
When the price passes the red and green area you can take action and enter the trade!
Orange area refers the squeezed or floating position, so you can either stop or wait for price action!
If you see boring candles frequently, check out the last high and low levels.
If the price close to the last high, take long position. If not, short position.
Use ALMA , if you want to put and alert on script. It is identical to price line.
Thanks to @millerrh for 'Breakout Trend Follower'. Just used the last low and high features to complete the script. Combined with 'Boring Candles' from ©Prasad Raut, Modified on 20190811 (Updated to %30 full candle)
Trend Tip: You can use the script with Linear Channel so you can also see the trend. (not always)
SPX Intraday Mood IndicatorThe SPX Intraday Mood Indicator tries to gauge the intraday market direction of the S&P 500 (SPX) by focusing on internal market data.
Based on the 0DTE Mood Indicator concept. Overall strength/weakness is converted into a directional Mood Percentage which can help with choosing a trade type.
Use at your own risk and discretion. Potential trade ideas offer no guarantees. Intraday Charts Only. Turn off extended hours data. Only works on SPX.
This first version is untested and I am only sharing it to gather feedback on its accuracy, use at your own risk.
compare returnsIt could be very useful to analyze market with events in the market instead of only looking at the isolated chart. This indicator helps you to compare returns of chart symbol with any other symbol in the same timeframe.
For example, in crypto market coins move with the Bitcoin and BTC is driver of the market, so it could be useful to compare returns of a coin with the Bitcoin. There is a compare feature in tradingview, but it only compare from the beginning of the chart, not showing historical difference between returns which can reveals statistical opportunities or money flow in the market or between markets.
This indicator take two parameters including base symbol and period:
base symbol is the one which you need comparison with and period sets the period of comparison.
For instance, with base symbol: BTCUSDT and period: 15, return of BTCUSDT from 15 previous candles is compared with the chart in 15 previous candles (on same timeframe).
It could be helpful if you use this indicator to compare these pairs:
- altcoins return with BTCUSDT return
- stocks with their market index or industry index.
- market indices: crypto total market cap with SP500 and GOLD
please leave comment for me and this indicator to share your idea with me.
thanks,
hadi jamshidi
[Unxi]McClellan Summation Index for DAX 30 (GER30) [modified]About McClellan Summation Index
The McClellan Summation Index is a market breadth indicator which was developed by Sherman and Marian McClellan. It is based on the McClellan Oscillator and add its values together, effectively running a total. The index goes up when the McClellan Oscillator is positive and goes down when it is negative. Signals can be derived from the index crossing the middle line (bullish when it's crossing up and bearish when it's crossing down). Other potential signals include divergences and overbought and oversold conditions. The indicator is best used in combination with other analysis techniques.
About this implementation
This version here is a modification of the McClellan Summation Index.
It runs the simple version of the McClellan Oscillator and uses the simple method to calculate the Summation Index. No ratios are used in this implementation.
Further information:
- It can only be used on the DAX index ( DAX 30 or GER 30)
- It only considers the DAX 30 stocks
- The data window will provide a summary about rising and declining stocks
- The data window will output the last change for each of the 30 stocks
- The script is pretty slow because it has to calculate the change for each bar individually (instead of receiving a complete calculation from the stock exchange).
DISCLAIMER
This script was mainly written for educational purposes (training myself how to write custom indicatotors).
As you can see, the code is really messy.
FOR YOUR INFORMATION: This script will work on any time period. It is recommended to use it with timeperiod = 1d, though. Just use whatever timeperiod you are comfortable with, the indicator will automatically adjust accordingly.
Credits
Based on the simple version of aftabmk and of code from lazybear.
Time Wolna_2021_iun3[wozdux] Description of the Time_Wolna indicator
The indicator is designed to study the behavior of time. There are many indicators that study just the price, a little less indicators that study the volume of trading and vanishingly few indicators that study time.
This is not an oscillator, it does not have oversold or overbought levels. This indicator has an indefinite beginning and an indefinite end. Its value is not in the absolute values of the indicator, but in relative ones. This indicator calculates the time of price rise and the time of price decline. It clearly shows how long the price rises and how long the price falls.
The initial idea was to use my RSIVol indicator to study the time. Each bar is counted as a unit of time. If the price rises during the period of one bar, then one is added, if the price falls, then one is subtracted. By default, the blue line shows this time movement according to the RsiVol indicator.
The basic RsiVol indicator is shown at the bottom of the diagram. The bill goes along the blue line, which calculates the movement of the volume price. If the blue RSIVol line is above the yellow level, then the blue Time_Wolna time line is colored green. If the blue line in the base RsiVol indicator falls below the lower yellow level, then the blue time line of the Time_Wolna indicator turns red.
The result is a broken line that clearly shows the waves of rising and falling prices. In principle, the time indicator makes it easier to recognize waves.
It is known that time plays an important role in Elliott wave analysis, although in practice this is almost never done. The mention of Elliott is just a lyrical digression.
Time is very difficult to study. This indicator does not give clear buy or sell signals. This is just an analysis tool to help analysts.
In addition to the RsiVol indicator, simply the Rsi from the price and a simple moving average from the price are also used.
So, the settings of this indicator.
"switch Price == close <==> ( High+Low)/2" -- select the base price in all subsequent calculations
"Key EMA=> True=ema(Price); False=ema(Price*Volume)" --The key for switching the moving average from the price or from the volume price.
"T==> EMA(price, T)" --The period for calculating the moving average
" key red==> Yes/No Rsi")--the key turns on or off the RSI line red line
"key green==> Yes/No Orsi") --the key turns on or off the Volume RSI line green line
" key olive==> Yes/No RsiVol200 " -- the key enables or disables the Volumetric RSIVol200 olive line. This is RsiVol minus the 200-period moving average.
"keyVol blue==> Yes/No " - the key enables or disables the base blue line RSIVol
"keyVol blue==> V->tt(RsiVol) ->tt(ema(Price))"—The blue line selection will be calculated as the time from RSIVol or as the time from the moving average EMA.
"keyVol blue==> : 1=Time, 2=Time* price, 3=Time*(Ci-Ck) 4=Time*Volume, 5=Time*price*Volume")- selection for the blue baseline. By default, the time of the price rise or fall is calculated simply. Key=1. But you can investigate the joint influence of time and price and then the key is=2. If we study the combined effect of time and price changes per bar, then the key=3. If we study the joint influence of time and volume, then the key=4. If we study the joint influence of time, price and volume, then the key=5.
"key RsiO red + green==> : 1=Time, 2=Time*Price, 3=Time*(Ci-Ck) 4=Time*Volume, 5=Time*Price*Volume") - - - similar settings for the red green line. By default, the time of the price rise or fall is calculated simply. Key=1. But you can investigate the joint influence of time and price and then the key is=2. If we study the combined effect of time and price changes per bar, then the key=3. If we study the joint influence of time and volume, then the key=4. If we study the joint influence of time, price and volume, then the key=5.
"Key Color – - here you can disable changing the color of the blue line to green or red when the base indicator RsiVol exits above the upper and below the lower levels.
"Level nul ==> * Down Level Rsi - screen configuration in order to raise or lower chart
"Level nul ==> * Down Level ORsi -- beauty setup in order to raise or lower chart
"Level nul ==> * DownLevel RsiVol200 -- beauty setup in order to raise or lower chart
"blue =volume * price" – period for calculation of volumetric rates
"blue => RSIVOL(Volume*price,len) and EMA" – the period for calculating RsiVol
"blue__o1=> ema ( RSIVOL, o1)" – additional smoothing RsiVol
"red=rsi (Price,14)" – the period for calculating Rsi
"red= ema ( RSI ,3)" -- additional smoothing Rsi
"fuchsia__ => RsiVol200 (vp,200)" - the period for calculating RsiVol200
"fuchsia__o2=> ema ( RSIVOL200 , o2)" -- additional smoothing RsiVol200
To study the time between two fixed dates. Setting the start point of the calculation and the end point of the calculation
"Data(0)=Year" – the year of the start date
"Data(0)= Month" – the month of the start date
"Data (0)=Day" the day of the start date
"Data(1)=Year" – the year of the end date.
"Data(1)=Year" – month of the end date.
"Data(1)=Day" -- the day of the end date.
--------русский вариант описания ------
Описание индикатора Time_Wolna
Индикатор призван изучать поведение времени. Есть много индикаторов изучающих просто цену, немного меньше индикаторов изучающих объем торгов и исчезающе мало индикаторов, изучающих время.
Это не осциллятор у него нет уровней перепроданности или перекупленности. Данный индикатор имеет неопределенное начало и неопределенный конец. Ценность его не в абсолютных значениях индикатора, а в относительных. Этот индикатор высчитывает время подъема цены и время снижения цены. Он наглядно показывает сколько времени цена поднимается и сколько времени цена опускается.
Первоначальная идея была использовать мой индикатор RSIVol для изучения времени. Каждый бар считается за единицу времени. Если цена поднимается за период одного бара, то прибавляется единица, если цена опускается, то вычитается единица. По умолчанию голубая линия показывает такое движения времени по индикатору RsiVol.
Внизу на диаграмме показан базовый индикатор RsiVol. Счёт идет по синей линии, которая вычисляет движение объемной цены. Если синяя линия RSIVol находится выше желтого уровня, то голубая линия времени Time_Wolna окрашивается в зеленый цвет. Если синяя линия в базовом индикаторе RsiVol опускается ниже нижнего желтого уровня, то голубая линия времени индикатора Time_Wolna окрашивается в красный цвет.
В результате получается ломанная линия, четко показывающая волны восхождения и снижения цены. В принципе индикатор времени позволяет легче распознавать волны.
Известно, что время играет важную роль в волновом анализе Эллиотта, хотя на практике это почти никогда не делается. Упоминание Эллиотта это просто лирическое отступление.
Время очень трудно изучать. Этот индикатор не дает четких сигналов на покупку или продажу. Это всего лишь инструмент анализа в помощь аналитикам.
Кроме индикатора RsiVol, используются и просто Rsi от цены и простая скользящая средняя от цены.
Итак, настройки данного индикатора.
"switch Price == close <==> ( High+Low)/2" -- выбираем базовую цену во всех последующих вычислениях
"Key EMA=> True=ema(Price); False=ema(Price*Volume)" --Ключ переключения скользящей средней от цены или от объемной цены.
" T==> EMA(price,T)"--Период вычисления скользящей средней
"key red==> Yes/No Rsi")--ключ включает или выключает линию RSI красная линия
"key green==> Yes/No Orsi") --ключ включает или выключает линию Объемной RSI зеленая линия
"key olive==> Yes/No RsiVol200" -- ключ включает или выключает линию Объемной RSIVol200 оливковая линия. Это RsiVol минус 200-периодная скользящая средняя.
"keyVol blue==> Yes/No " – ключ включает или выключает базовую голубую линию RSIVol
"keyVol blue==> V->tt(RsiVol) ->tt(ema(Price))"—выбор голубая линия будет вычисляться как время от RSIVol или как время от скользящей средней EMA.
"keyVol blue==> : 1=Time, 2=Time* price, 3=Time*(Ci-Ck) 4=Time*Volume, 5=Time*price*Volume")—выбор для голубой базовой линии. По умолчанию вычисляется просто время подъема или опускания цены. Ключ=1. Но можно исследовать совместное влияние времени и цены и тогда ключ=2. Если изучаем совместное влияние времени и изменения цены за один бар, то ключ=3. Если изучаем совместное влияние времени и объема, то ключ=4. Если изучаем совместное влияние времени, цены и объема, то ключ=5.
"key RsiO red + green==> : 1=Time, 2=Time*Price, 3=Time*(Ci-Ck) 4=Time*Volume, 5=Time*Price*Volume") ---аналогичные настройки для красной зеленой линии. По умолчанию вычисляется просто время подъема или опускания цены. Ключ=1. Но можно исследовать совместное влияние времени и цены и тогда ключ=2. Если изучаем совместное влияние времени и изменения цены за один бар, то ключ=3. Если изучаем совместное влияние времени и объема, то ключ=4. Если изучаем совместное влияние времени, цены и объема, то ключ=5.
"Key Color" – здесь можно отключить изменение цвета голубой линии на зеленый или красный в моменты выхода базового индикатора RsiVol выше верхнего и ниже нижнего уровней.
"Level nul ==> * Down Level Rsi - косметическая настройка для того, чтобы поднять или опустить график
"Level nul ==> * Down Level ORsi -- косметическая настройка для того, чтобы поднять или опустить график
"Level nul ==> * DownLevel RsiVol200 -- косметическая настройка для того, чтобы поднять или опустить график
" blue =>volume * price" – период для вычисления объемной цены
" blue => RSIVOL(Volume*price,len) and EMA" – период для вычисления RsiVol
"blue__o1=> ema ( RSIVOL, o1)" – дополнительное сглаживание RsiVol
" red=rsi (Price,14)" – период для вычисления Rsi
" red= ema ( RSI ,3)" -- дополнительное сглаживание Rsi
"fuchsia__ => RsiVol200 (vp,200)" -- период для вычисления RsiVol200
"fuchsia__o2=> ema ( RSIVOL200 , o2)" -- дополнительное сглаживание RsiVol200
Для исследования времени между двумя фиксированными датами. Задаем начальную точку вычисления и конечную точку вычисления
"Data(0)=Year" – год начальной даты
"Data(0)= Month" – месяц начальной даты
"Data(0)=Day" день начальной даты
"Data(1)=Year" – год конечной даты.
"Data(1)=Year" – месяц конечной даты.
"Data(1)=Day" -- день конечной даты.
OMXS30 BreadthThis is a simple Breadth Indicator for the OMXS30 index. It shows how many percentage of the stocks in the index that are above a specified simple moving average (the default value is 200, can be changed in the settings for the indicator).
Cup FinderHello All,
This script finds the Cups and you can use it while analysing the symbols. it creates circle and channel for the potential Cups and checks the number of bars included by the channel, if included bars is equal or greater than the value you set then it shows the cup.
The Options:
"Number for Bars to search" : Maximum length of a Cup
"Channel Width of the Cup" : Tate by the channel width of highest/lowest levels in last 300 bars, by default it's 5%
"Check for Breakout" : if there is Cup then it checks Close or High/Low is used a source for breaokuts, usuful while cheking historical bars
"Contained Bar Rate %" : after channel is created the script checks number of bars included by the channel of the Cup, you can set rate of included bars by this option
"S how Channels of Cups ": if you enable this option then you can see the channels around the Cups and set it as you wish
and there are some other options for labeling/removing old Cups and for coloring
Here you can see how channel looks like:
Cup with different colors:
P.S. This is an experimental work and sorry for no explanation in the script.
in the future if I have time I will try to write a script for Cup&Handle
This script is also an example to calculate and draw circles :)
Enjoy!
Trigonometric On Balance Volume (OBV) OscillatorLove volume analysis but it's hard for you to implement a simple strategy by it?
Use OBV.
Is OBV still not quite as it should be for you to get it in your trading system?
Use OBV Oscillator.
Does OBV Oscillator give you too many false signals and when you smooth it, it lags by a ton?
Then this indicator is the answer to your problem.
Introducing the Trigonometric OBV Oscillator.
The Trigonometric OBV Oscillator or "Trig OBV" for short, uses an old, but uniquely extremely reliable mathematical formula to smooth the OBV, while eliminating more than 95% of its false signals (noises) and keeping with the real direction of the trend without introducing any lags.
It is very responsive, predictive even to some degree, very reliable, and keeps you out of false trades (like false breakouts, sudden changes in the price, etc).
To go long: wait until the white line crosses up the purple line and continues in that direction.
To go short: wait until the white line crosses down the blue line and continues in that direction.
To exit, do the opposite.
Better to be used with a baseline filter such as Kaufman's moving average.
Use it and let me know what you think about it.
Visual Squeeze MomentumSqueeze Momentum from LazyBear now visible at the chart so you can check when the Squeeze its about to release. All credits for him.
BTC FTX Futures PremiumsThis indicator shows the future BTC premiums on FTX.
The purple area is the Daily December Futures contract subtracted by the current price.
The blue area is the Daily September futures contract subtracted by the current price.
The green area is the Daily June futures contract subtracted by the current price.
You can use this to try and understand market sentiment.
If the current price dumps but the premium remains the same it likely means that sentiment is unchanged.
The opposite is true, if the price pumps and the premium is the same it means the market likely wasn't convinced by the movement.
The difference between the current price and the futures price can help determine how bullish or bearish a market or at extremes the level of euphoria.
