Hello! This code creates a Fibonacci retracement indicator and a trend-following strategy indicator. Trading signals and price reversal targets are also calculated. The overall structure of the code is quite clear and readable. The purpose of the code is to calculate Fibonacci retracement levels and a trend-following indicator, display price levels on a chart,...
As the financial markets become increasingly complex and data-driven, traders and analysts must leverage powerful tools to gain insights and make informed decisions. One such tool is the Goertzel Browser indicator, a sophisticated technical analysis indicator that helps identify cyclical patterns in financial data. This powerful tool is capable of detecting...
The Volume Divergence Indicator is a powerful tool that can help traders identify potential price reversals in the market by analyzing volume data. The indicator has several features, including divergences signals, volume spikes, volume contractions, and volume trend signals. Unlike most divergence indicators, this one is focused on providing non-repainting...
You have opened multiple positions in your account ? This is what will help you calculate. It will definitely calculate the total lots size that you have opened. Furthermore, it will also calculate the results of how much profit or loss you have made. All you have to do is slide the line to the scenario line. The system will calculate the data for each order that...
This indicator is a must-have for every trader as it provides a practical tool to quickly evaluate the current price of a security. Designed specifically for manual trading, this indicator is based on "The Forbidden RSI " indicator and provides an easy way to identify overbought and oversold conditions in the market. By using this indicator, traders can make...
----------- ITALIANO ----------- Questo codice è uno script di previsione del trend creato solo a scopo didattico. Utilizza una media mobile esponenziale (EMA) e una media mobile di Hull (HMA) per calcolare il trend attuale e prevedere il trend futuro. Il codice utilizza anche una regressione lineare per calcolare il trend attuale e un fattore di smorzamento per...
The Volume Forecasting indicator provides a forecast of volume by capturing and extrapolating periodic fluctuations. Historical forecasts are also provided to compare the method against volume at time t . This script will not work on tickers that do not have volume data. 🔶 SETTINGS Median Memory: Number of days used to compute the median and first/third...
This indicator, "Stock Comparison to S&P 500," is designed to help traders compare the financial health and valuation of a chosen stock to the S&P 500 index. It compares several key financial metrics of the stock to the corresponding metrics of the S&P 500, including earnings growth, price-to-earnings ratio, price-to-book ratio, and price-to-sales ratio. The...
In recent months the idea that Bitcoin prices are increasingly linked to liquidity provided by central banks has gained strength. Multiple opinion leaders in the bitcoin space have shared their thoughts to explain why this is happening and why it makes sense. Some of these people I'm talking about are Preston Pysh, Dr. Jeff Ross, Steven McClurg, Lynn Alden among...
This script is a technical indicator that calculates the year-over-year (YoY) or month-over-month (MoM) returns of a security. The returns are then plotted on a chart, with positive returns colored in green and negative returns colored in red.
Well, guess what? A new indicator is here! Again it's a coincidence, as I experiment with my formula. So far it's less noisy than Autoregressive Covariance Oscillator, so possibly this one is better. The formula is much simpler, care me to explain. ___________________________________________________________________________________________________ Yt = close -...
Thanks For Ogirinal Source Script From mladen for Engulfing Script and @KP_House, @JusInNovel, @jdehorty for Dashboard and Indicator Original From X4815162342 MA TYPE Cross Edit For Forex Engulfing and HH LL Trading Style Let's Me Explain About This Indicator LightGreen Diamond "3Engulfing" is Bullish Confrim Engulfing 3 Candle LightRed Diamond "3Engulfing"...
Hello traders, I developed this indicator while working on a trading strategy using moving average slope and acceleration, and I found the concept interesting enough to share it. Let me briefly explain this indicator. ----About White Plot---- 1. Calculate the first derivative approximation at the current point of the Moving Average, and then calculate the...
//Purpose: This indicator combines several tools to help traders track and interpret price action/market structure; It can be divided into 4 parts; 1. CHoCHs, 2. Nested Pivot highs & lows, 3. Grade sweeps, 4. FVGs. This gives the trader a toolkit for determining market structure and shifts in market structure to help determine a bull or bear bias, whether it be...
Well to be honest I don't know what to name this indicator lol. But anyway, here is my another original work! Gonna give some background of why I create this indicator, it's all pretty much a coincidence when I'm learning about time series analysis. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Well, the formula of Auto-covariance...
This script shows you the current interest rates by the FED (see ZQ symbol nearest expiration) and the next expirations (see ZQ further expiration dates). It is important to keep your expiration and descriptions up to date, to do that to the indicator inputs and change as you please.
Slopes are an increasingly key concept in Technical Analysis. The most basic type is to calculate them on the prices, but also on technical indicators such as moving averages and the RSI. In technical analysis, you generally use the RSI to detect imminent reversal moves within a range. In the case of the Blue indicator, we are calculating the slope of the market...
Relative strength (RS) is a measure of a stock's price performance relative to the overall market. It is calculated by dividing the stock's price change over a specified period by the market's price change over the same period. A stock with a high RS has outperformed the market, while a stock with a low RS has underperformed. (Stock can any asset that can be...