Similar to the USI:TICK and USI:ADD, the USI:VOLD index shows the volume of the advancing stocks versus the volume of the declining stocks. Ideally, we want to see the ratio of VOLD being higher than usual. A way to see this ratio will be forthcoming. Stay tuned!
Modified Mannarino Market Risk Indicator MMMRI was developed by "Nobody Special Finance" as an enhancement to the original MMRI developed by Gregory Mannarino. The original and modified version were created as a way to gauge current level of risk in the market. This published indicator includes both versions along with ability to customize the symbols,...
This indicator gives you the ability to see historical data for each bar on the chart by simply hovering over the high of the bar, similar to the functionality of MarketSmith. Data for each bar includes: Open High Low Close + Change Percentage Change Closing Range Volume Volume Percent based on 50 day average Distance to 4 selectable moving...
www.tradingview.com This indicator is a simple script meant to find retests on the 200 period moving average. It's current state is optimized for the 5 minute timeframe. This works in all markets and all timeframes as long as you adjust certain rules for higher timeframes. It's strengths and weaknesses - Good at trend continuation in strong markets - Bad in...
This indicator will generate a supertrend of your chosen configuration on any of the following indicators: RSI MFI Accum/Dist Momentum On Balance Volume CCI There is also a RANGE FILTER built into the scripts so that you can smooth the indicators for the supertrend. This is an optional configuration in the settings. Also, you can change the...
SLSMA - Smooth Least Squares Moving Average is an attempt to smooth out the ZLSMA line. The SLSMA formula calculates the difference between between the LSMA and the LSMA minus the LSMA of itself. SLSMA follows all the same rules of LSMA and ZLSMA but provides a much more stable regression and stronger pivots.
The High/Low supertrend uses an ATR produced from the highest and lowest points within the ATR lookback range, instead of from current highs and lows. This makes it less susceptible to false breakout attempts. In the settings, you can choose whether you want the supertrend to calculate from the highest highs and lowest lows within the period, or the maxima of the...
RedK EVEREX is an experimental indicator that explores "Volume Price Analysis" basic concepts and Wyckoff law "Effort versus Result" - by inspecting the relative volume (effort) and the associated (relative) price action (result) for each bar - showing the analysis as an easy to read "stacked bands" visual. From that analysis, we calculate a "Relative Rate of...
This script was based off of an idea that @CubanEmissary had so the description and some of the code that @CubanEmissary built on TradingView was used. Vigilant Asset Allocation G4 (VAA G4) is a dual-momentum based investment strategy that aggressively monitors the market and reallocates portfolio funds based on the relative momentums of user-defined risk assets...
Does RSI Follow a Normal Distribution? The value of RSI was converted to a value between 0~2, 2~4, ..., 98~100, and the number of samples was graphed. The Z values are expressed so that the values corresponding to 30 and 70 of the RSI can be compared with the standard normal distribution. Additionally, when using the RSI period correction function of the 'RSI...
This is a very simple price comparison indicator. People who are familiar with PineScript can easily create it, but most people who are not familiar with PineScript often double-check BTC pair's charts to compare Bitcoin and other symbols. This indicator made for that process easier. The indicator is basically supposed to show the price ratio of BTC and the...
The Moving Average Lab allows to create any possible combination of up to 3 given MAs. It is meant to help you find the perfect MA that fits your style, strategy and market type. This script allows to average, weight, double and triple multiple types and lengths of Moving Averages Currently supported MA types are: SMA EMA VWMA WMA SMMA (RMA) HMA ...
This indicator plots the calculated Expected Move for BOTH Weekly and Zero Dated Expiration (0DTE) Daily options, for a quick visual reference. Please Note: This indicator is different from our original "4C Expected Move (Weekly Options)" indicator, as it now packages the ability to ALSO plot 0DTE options expected moves along with Weekly expected moves. Many...
This is a correlation table, it correlates with current opened asset (chart). In settings you can change periods of days and change assets what you want to see in table. The main feature of this table is an changing alert, it changes values depends on settings what you chose, you can use it for send whole table to your spreadsheets like screenshot below. ...
The Relative Strength Index Wave Indicator was created by Constance Brown (Technical Analysis for the Trading Professional), and this is a unique indicator that uses the weighted close formula, but instead of using the typical price values, it uses the RSI calculated from the various prices. It then creates a rainbow by smoothing the weighted RSI with four...
The Volatility Gap Tracker ( *VGT ) indicator calculates the historical volatility of an asset using the standard deviation of the natural logarithm of the closing price relative to the previous period's closing price. *VGT visualizes the HV with gap lines to highlight when the current HV has increased or decreased significantly compared to the previous period,...
This is a sample PineSript code implementation using Correlation Coefficient. It uses the ta.correlation library of Pinescript and calculates the correlation based on user input length. The results are then plotted on a table. The corr value displays the actual correlation coefficient value while the Corr Status displays the interpretation of the correlation...
This is the Global Monetary Supply M2 of the richest and most populous countries that have info from at least 2008 It is measured in USD (converting the M2 of each of the countries respective currencies and virtually converting them into USD) This is less than the global liquidity as it does not include the countries' assets in other currencies (on their balance...