NYSE Advance/DeclineAn indicator for traders who trade intraday on the US market. It makes use of the symbols made available by TradingView to show the number of advancing vs declining stocks.
The GREEN AREA represents advancing issues. The INTENSE GREEN AREA represents the advancing issues at daily high.
The RED AREA represents declining issues. The INTENSE RED AREA represents the declining issues at daily low.
The part above the BLUE LINE represents issues which are trading above their VWAP (volume-weighted average prices).
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Multi Time Frame CandlesHello Traders,
This script can show (upto) 3 candles of another time frames without changing chart time frame realtime . You can choose the time frame and number of candles in the options. You have option to change body and wick colors as well.
in this example number of candles is 2:
You can set body and wick colors:
In this example, weekly candles are shown on 1h chart:
Enjoy!
Fear/Greed IndexMy goal was to create something akin to the Fear & Greed Index ( money.cnn.com ) that CNN and others do.
A Fear/Greed Index can be used by any trader or investor but I believe it's best viewed with a contrarian's eye--
When the market appears to be signalling Extreme Fear, that is a good place to start buying from emotional players who want to sell no matter the price
When signalling Extreme Greed, that may be a good place to start taking profits off or getting hedged, as there may be too much exuberance in the air
Important to note and remember, however, is that there can often times be fear in the air for good reasons! I like to see this as if we dip into extreme fear and return shortly after, the fear may warrant constraint from buying, or returning back to extreme greed may be a very strong market extension
The script draws from several other tickers which I have read and personally observed to be decent macro correlations for the stock market (specifically the SP500). For the state of each of these metrics I gave a rating, good or bad, then added them together and put it into your standard Stochastic.
These macro correlations include--
The % of stocks in the SP500 above multiple Simple Moving Average lengths
VIX and its term-structure (contango, backwardation)
Treasury Bonds
Gold
Junk/High Yield Bonds
The Put/Call Ratio
The SP500 Options Skew
Advancing and Declining Issues
On some of these I opted to use a function for the Relative Momentum Index instead of RSI, as the RMI oscillates better (in my opinion). I also used a Band-Pass Filter/Double EMA for smoothing the results of the stochastic.
A LOT of these numbers were made to my own observation and discretion and can get out-dated over time. With that said, PLEASE feel free to revise, fine tune, modify this as you wish to optimize yours. And please let me know if I have made any mistakes here or something should be added.
VIX MTF MomentumSweet little momentum gadget to track the VIX Index.
What is the VIX?
The CBOE S&P 500 Volatility Index (VIX) is known as the 'Fear Index' which can measure how worried traders are that the S&P 500 might suddenly drop within the next 30 days.
When the VIX starts moving higher, it is telling you that traders are getting nervous. When the VIX starts moving lower, it is telling you that traders are gaining confidence.
VIX calculation?
The Chicago Board of Options Exchange Market Volatility Index (VIX) is a measure of implied volatility (Of the S&P 500 securities options), based on the prices of a basket of S&P 500 Index options with 30 days to expiration.
How to use:
If VIX Momentum is above 0 (RED) traders are getting nervous.
If VIX Momentum is below 0 (GREEN) traders are gaining confidence.
Follow to get updates and new scripts: www.tradingview.com
Low - High Simple TrackerYet another "Low - High" indicator using the new Pine Script Arrays.
The indicator uses the latests Lows and Highs to plot a trend line and reversal/slowdown.
More detailed explanation inside the script.
Enjoy!
Green - Up Trending
Red - Down Trending
White - Slow Down/Reversal might occur.
Made for educational purposes of how to use Arrays, yet can be very useful.
Support Resistance - Aging [Example]Hello All,
First all of Thanks to Pine Team for adding Arrays to Pine!
In this script I tried to make example for
1. Finding S/R lines using highest/lowest function
2. Using 1D array as 2D (we keep S/R levels and age)
3. "Age" usage for S/R levels, getting older on each candle and changing colors by their age (maximum age is 127 then it disappears)
You can use "Close"/Open " or " High/Low " as source.
There is an option for the background color, by default it's Black, do not forget to set it accordingly :)
Enjoy!
cum1or-1DeepL Translation-------------------------------------------------------------------------------------------------------------------------------------------
If you compare the positive line to 1 and the negative line to -1,
and then add them together, you can see how the shape changes compared to the price chart
This is an indicator that I made to look at.
It is subjective, but I think it is easy to understand the trend.
日本語---------------------------------------------------------------------------------------------------------------------------------------------------------
陽線を1、陰線を-1としその合計を出した価格チャートと比較して形がどのように変化するか、
見てみたいと思い作ったインジケーターです。
主観になりますがトレンドが分かりやすいかなと思います。
VVOscillator [nb]Multiple volume oscillators in one.
Description:
As Warren Guppet once said, be “fearful when others are buying less, and greedy when others are selling less.”
Divergences are the main point of usage of all bundled indicators.
OBV Oscillator, remade. The formula has been changed to smooth out the way OBV is calculated during a trending move
OBV Oscillator, original OBV formula.
Price Volume Trend Oscillator. Similar to OBV, except price is taken into account as well.
Price Volume Trend Oscillator, log.
Accumulation/Distribution. (close - low) - (high - close) / (high - low), then multiplied by volume
Chaikin Money Flow . Very similar to accum/dist except it was already made into an oscillator.
OBV just by itself. Change style to line for easier interpretation.
Experimental function that utilizes a part of CCI
This is the unedited "Variable Volume Oscillator v1" released for free use. In the time since I've created it, I've realized it's something I'd like to share because I like it and hope you will too.
Example: Monte Carlo SimulationExperimental:
Example execution of Monte Carlo Simulation applied to the markets(this is my interpretation of the algo so inconsistencys may appear).
note:
the algorithm is very demanding so performance is limited.
High - Low Trend TunnelHigh - Low Trend Tunnel Experiment.
Using latest pinescript Array support!
Plotting Highest highs and Lowest lows for specific length (can be defined in settings).
The blue line is whom determinate the direction.
Blue line is the average of the highest highs and lowest lows smoothed by EMA.
Green - Up Trending.
Red - Down Trending.
Yellow - Squeeze, a reversal might be coming.
Any suggestions/comments are welcome as this is an experiment.
TMSignal Trend Channel V1.0TMSignal Trend Channel V1.0: Automatically calculates bullish , bearish or lateral channels. %Pearson's R is added for better trend analysis.
Deviations can be configured and adjusted for greater precision in the marked channels.
We hope you like it! Contact us any question or improvement suggestions.
High/Low meterUsing the new 'pinescript' array support to build an High/Low tunnel meter.
Using the Array to save only X HIGHEST HIGHS and Y LOWEST LOWS.
By the X and Y i build a tunnel - X is the top line (highs) and Y bottom line (lows)
Green - Up Trending
Red - Down Trending
Yellow - Reversal / drawback might occur.
Rain On Me PRO 3/3This is the part 3 of Rain On Me PRO. It follow my two other indicators "Rain On Me" and "Rain On Me V2". This version is called "PRO" because it is less "user-friendly" than the two previous versions. But it is more faster, and cleaner than ever!
This indicator is separated into 3 parts. You can find all parts into my profile in the « Scripts » section. Once the 3 parts together, the indicator is complete.
Here are the features for this part:
-MTF Fibonacci on 10 levels with level 0 in the middle and an "info panel" to indicate you the key levels. You can set an alert for each level cross.
-MTF High/Low (Red dots is last low and green dots is last high).
-Bollinger.
-Ichimoku Cloud with baseline (red) and alerts (SenkouA and SenkouB Cross or Tenkan and Kijun Cross).
Everything is fully customizable in settings.
To place an alert, always choose the "Once per bar" option.
Many functions are still to come. So don't hesitate to report bugs, suggestions and follow me to always be kept informed of the next updates to come!
//ALWAYS DELETE INDICATOR AND ALERTS AND RESET THEM AFTER AN UPDATE!
Thank again everyone for your support!
A BIG THANKS TO QUANTNOMAD FOR GIVING ME ITS AUTHORIZATION TO USE, MODIFY AND REPUBLIC ITS "Ultimate Pivot Points Alerts" script indicator:
Good trade everyone! And remember, money management is the most important!
Rain On Me PRO 2/3This is the part 2 of Rain On Me PRO. It follow my two other indicators "Rain On Me" and "Rain On Me V2". This version is called "PRO" because it is less "user-friendly" than the two previous versions. But it is more faster, and cleaner than ever!
This indicator is separated into 3 parts. You can find all parts into my profile in the « Scripts » section. Once the 3 parts together, the indicator is complete.
Here are the features for this part:
-Support/Resistance and Range lines (Red is Resistance, Yellow is Range, Green is Support).
-MTF Trend Line following the trend with red color for bearish trend and green color for bullish trend (Based on volume so it work only where the volume information flux is available).
-MTF Fractals with alerts. (Zigzag based on high and low).
Everything is fully customizable in settings.
To place an alert, always choose the "Once per bar" option.
Many functions are still to come. So don't hesitate to report bugs, suggestions and follow me to always be kept informed of the next updates to come!
//ALWAYS DELETE INDICATOR AND ALERTS AND RESET THEM AFTER AN UPDATE!
Thank again for your support!
Good trade everyone! And remember, money management is the most important!
TMsignal - Auto Fibonacci V1.0TMSignal Auto Fibonacci V1.0: Automatically calculates the Fibonacci Retracement + Extension of 161.8% in order to always have it plotted in a "millimeter" way.
At the same time, it allows viewing or removing the different levels, so that each one can be configured as desired.
We hope you like it! Contact us any question or improvement suggestions.
BANKNIFTY Adv/Dec1) BANKNIFTY Index Advance-Decline count
2) Each session, it reads the number of stock are +Ve or -Ve
3) Whichever the side +Ve or -Ve side moving stock is more than count will be plotted
4) at +/- 7 drawn a dotted line if Count is > = +/-7 Nifty is moving in a strong army
Eg:-
in the current session, 7 Stock is moving in +Ve direction & 6 are in -Ve direction
7 count will be plotted in the chart
Fama-French 3 Factor ModelFama-French 3 Factor Model
Extension of the Capital Asset Pricing Model (CAPM)
CAPM
Ra = Rfr +
where,
Ra = Return of the Asset
Rfr = Risk-Free Rate
βa = Beta Coefficient of the Asset
Rm - Rfr = Market Risk Premium
Fama-French 3 Factor
r = rf + β1*(rm - rf) + β2(smh) +β3(hml)
r = Expected rate of return
rf = Risk-free rate
ß = Factor’s coefficient (sensitivity)
(rm – rf) = Market risk premium
SMB (Small Minus Big) = Historic excess returns of small-cap companies over large-cap companies
HML (High Minus Low) = Historic excess returns of value stocks (high book-to-price ratio) over growth stocks (low book-to-price ratio)
Small is set to $EWSC
Invesco S&P SmallCap 600® Equal Weight ETF
Big is set to $EQLW
Invesco S&P 100 Equal Weight ETF
High is set to $IUSV
iShares Core S&P US Value ETF
Low is set to $IUSG
iShares Core S&P US Growth ETF
returns selections
'returns'
'logarithmic returns' (use for realized (historical) returns)
'geometric returns' (compounded returns)
risk-free rate selections:
$DTB3
$DGS2
$DGS5
$DGS10
$DGS30
tf = primary time-frame
rtf = reference time-frame
Kal's MTF OBV Haar Version 3Kal’s Multi-Time-Frame On-Balance-Volume Haar, also known as Kal’s MTF OBV Haar is a method/study for finding trending volume levels on stocks, indexes and cryptocurrencies using OBV, CMF and CCI over different time-frames (10Min, 1H, 4H, 1D, 1W, 1Month).
Upon adding to the 10Min chart, the sample Image in Tradingview looks as follows:
Note: Always check your time-frame(TF). Compare current TF to a row’s(bead row’s) time-frame. Ensure current TF is lower than a row’s time-frame when looking at it and higher time-frame rows above it. For instance, if you choose your chart’s time-frame at 1D, the lower time-frame rows(i.e. 10Min, 1H, 4H) don’t make sense.
For cryptocurrencies, one week is 7 periods, two weeks is 14 periods
For stocks, one week is 5 periods, two weeks is 10 periods
For the study of stocks, I used
9-period EMA over OBV for time-frames (10Min, 1H, 4H, D)
4-period EMA over OBV for time-frames (W, M)
For the study of cryptocurrencies, I would update EMAs as follows:
13-period EMA over OBV for time-frames (10Min, 1H, 4H, D)
6-period EMA over OBV for time-frames (W, M)
These days I'm finding the following parameters have better fitting
19-period EMA over OBV for time-frames (10Min, 1H, 4H, D)
9-period EMA over OBV for time-frames (W, M)
Description:
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In the study plot, the lowest row is 10Min, the row above 10Min is 1H, then 4H, then 1D, then 1W and the highest row is 1M
Note: Always check your time-frame(TF). Compare current TF to a row’s(bead row’s) time-frame. Ensure current TF is lower than a row’s time-frame when looking at it and higher time-frame rows above it. For instance, if you choose your chart’s time-frame at 1D, the lower time-frame rows(i.e. 10Min, 1H, 4H) don’t make sense.
Lime( Bright Green) dot implies Trending Uptrend for that time-frame
Red dot implies Trending Downward for that time-frame
It’s best to wait and research for possibility of Trend Reversal during the following dots/bricks:
Silver dot implies indecisive up
Orange dot implies indecisive downtrend
Lime Brick implies CCI is near Zero line( between 15 and 0)
Red Brick implies CCI is near Zero line( between -15 and 0)
Purple dot implies CCI zero rejection to possibly/probably continue trend UP
Yellow dot implies CCI zero rejection to possibly/probably continue trend Down
Aqua dot implies that trend is overbought or oversold. This dot usually happens between red dots or green dots. Therefore, it’s best to wait for pull-back especially in lower time frames.
Safe Trading!
Kal Gandikota
Legal Disclaimer: This script is published here so I get replies from fellow viewers to educate myself. Hence, if anyone uses this script for making their financial decisions, I am not responsible for any failures incurred. If you have questions or improvements related to this script, please feel free to leave comments and as time permits, will respond to those comments.
Previous Candle High and LowThis Indicator add's a label over and below the previous candle which show's it's high and low values.
NIFTY Adv/Dec Live Count1) NIFTY Index Advance-Decline count
2) Each session, it reads the number of stock are +Ve or -Ve
3) Whichever the side +Ve or -Ve side moving stock is more than count will be plotted
4) at +/- 25 drawn a dotted line if Count is > = +/-25 Nifty is moving in a strong army
Eg:-
in the current session, 30 Stock is moving in +Ve direction & 10 are in -Ve direction
30 count will be plotted in the chart