If you disagree with one of the EMH principles that price is too random, then by definition you must agree that historic price has deterministic function to a scenario ahead. I personally believe that constants like phi, pi and e can mimic exponential growth of the price. In this script, first grid is based on the Lowest price multiplied with self fraction of the...
This indicator seeks to predict whether a stock will beat or miss earnings by forecasting revenues, and subsequently net income, using linear regression. The y-values of this regression are revenues and the x-axis is an economic series of your choosing. Double-click the status line (the words "US" and "GDP") to change economic datasets. The full list of economic...
Indicator Description: Commitments of Traders (COT) Data Indicator The Commitments of Traders (COT) Data Indicator on TradingView provides insights into market sentiment based on the weekly CFTC (Commodity Futures Trading Commission) reports. It plots three key lines derived from this data, offering valuable information for traders seeking to understand...
The indicator aims to analyze and visualize the Average Directional Index (ADX) and its smoothed versions, along with directional indicators (DI) to help traders identify trend strength and potential buy/sell signals. Indicator Settings: The indicator is named "ADX and SADX, SDI" and is set to display prices with a precision of 2 decimal places. Users can...
Important Note: This indicator relies on your expertise in time cycles and does not provide any buy or sell signals. It helps you by automating the drawing of minor and major time cycles and digital gates, relying on your personal expertise. It simply draws a vertical line every 12 candles from your selected starting candle and repeats this until the cycle is...
The indicator is a comprehensive, premium trading indicator designed to optimize your trading strategy through advanced price action analysis. By examining raw price data and market structure, it identifies key areas where price movements are likely to occur. This indicator serves as an essential trading companion, significantly reducing the time required for...
Highs and Lows Predictor Description: The "Swing Highs and Lows Predictor" is a comprehensive Pine Script indicator designed to help traders identify potential swing highs and lows in the market. This indicator combines moving averages, RSI, Fibonacci retracement levels, and volume analysis to provide a holistic view of market trends and...
The DiNapoli Objective Points (OPs) is a drawing tool that computes potential exit targets to a market. It does so by drawing Fibonacci ABC Extensions which form Areas that might condition future market moves. This is a Leading Indicator created by Joe DiNapoli. Let’s dive into what this tool does. HOW TO READ THE DINAPOLI OPs First, let’s review the basic...
The Median Analyst Consensus Indicator provides an unbiased, easy-to-interpret view of market sentiment by leveraging TradingView's comprehensive financial data library. This tool displays the median 12-month price target and the percentage difference from the current price directly on your charts. Key Features 1. Accurate Market Sentiment: By...
Year over year indicator which will benchmark the most recent data vs 1 year lookback; Will automate the lookback for quarterly and monthly data based on timeframe selected (3M for quarterly, 1M for monthly). Tradingview will aggregate weekly data into a monthly data point. SMA applied to get the average over some x period.
Natural log indicator for normalizing data. SMA applied so you can take the average of that normalization factor. Personally use it for US economic data where the value is very large (GDI, Fed Balance Sheet, USM2 etc.) and the year over year delta is not pertinent (USM2) or not available (GDI.. although I did make an indicator to get YoY :D). Any additional...
The "Nasan Moving Average with Forecast" indicator is a technical analysis forecasting tool that combines the principles of historical data analysis and random walk theory. It calculates a customized moving average (Nasan Moving Average) by integrating price data and statistical measures and projects future price points by generating forecast values within...
This powerful tool leverages Markov chain theory to help traders predict stock price movements by analyzing historical price data and calculating transition probabilities between different states: "Up by >1%", "Stable", and "Down by <1%". This post will provide a comprehensive overview of the indicator, its advantages and disadvantages, and how it can be used...
ALT Trend Detection Indicator Overview: The "ALT Trend Detection" indicator is designed to help traders analyze the relationship between Bitcoin's dominance, Bitcoin's price, and the potential impact on altcoin prices. This indicator uses various time frames and average true range (ATR) calculations to detect trends and provide insights into the altcoin market...
The "FaikVal" indicator is a powerful tool designed to help traders analyze relative price movements between a base asset and up to three comparison assets. This indicator uses exponential moving averages (EMA) and normalization techniques to identify potential overbought and oversold situations. Functions and Applications: Comparison of Price Ratios: The...
The Anchored Monte Carlo Shuffled Projection tool randomly simulates future price points based on historical bar movements made before a user-anchored point in time. By anchoring our data and projections to a single point in time, users can better understand and reflect on how the price played out while taking into consideration our random simulations. 🔶 USAGE...
◙ OVERVIEW Hi, Ivestors and Traders... This Indicator, the focus is Scott Cong's article in the Stocks & Commodities September issue, “VAcc: A Momentum Indicator Based On Velocity And Acceleration”. I have also added a trading strategy for you to benefit from this indicator. First of all, let's look at what the indicator offers us and what its logic is. First,...
The Moving Average Convergence Divergence (MACD) indicator is one of the most popular and versatile tools used by traders to identify potential buy and sell signals. It helps traders determine the strength and direction of a trend by comparing different moving averages of a security's price. The traditional MACD uses two exponential moving averages (EMAs), a fast...