Example method of how to import, offset, and plot CSV data using an array. NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by...
This indicator is a highly customizable moving average ribbon with some unique features. This script can utilize multiple unique sources, including a non-repainting renko closing price. Renko charts focus solely on price movement and minimize the impacts of time and the extra noise time creates. Employing the renko close helps smooth out the MA ribbon....
Normalize compares the price of an asset across different timeframes. I have used the daily, weekly, and monthly timeframes. The resulting plot shows the degree to which the instrument deviates from the timeframes. Users can choose their period if desired.
Five Moving averages. Choose from several types, SMA, EMA, SMMA etc... Has X and Y offset.
ENG) Weighted BB is more responsive to price changes than original Bollinger Bands. the calculation formula uses a weighted method based on the current price. Instead of using a standard deviation, I used a weighted standard deviation that weights the current price, and instead of a simple moving average, I used a weighted moving average. Also included is a...
This indicator is called "RSIOMA with Volume Index Confirmation". It is a technical analysis tool that plots buy and sell signals on a chart based on the Relative Strength Index (RSI) and the Negative Volume Index (NVI) and Positive Volume Index (PVI) indicators. The indicator has the following input parameters: - RSI Length: determines the number of periods...
This script calculates the average deviation of the source data from the linear regression. When used with the indicator, it can plot the data line and display various pieces of information, including the maximum average dispersion around the linear regression. The code includes various user configurations, allowing for the specification of the start and end...
indicator shows liquidity levels at pivot highs and lows on the chart timeframe. Levels are drawn as a horizontal line up to the last active bar. Once a level has been passed through, the level is highlighted. The liquidity level will remain highlighted until a pre determined amount of bars have closed after the level was passed. These liquidity levels can be used...
This oscillator comprehends two different indicators: - The first one is a MACD but calculated using the Hull Moving Average. - The second one is to show the direction in which the Hull Moving Average is going. Notice that in the first indicator, the histogram is colored as follows: - If the volume pressure (difference between the volume-weighted moving average...
The indicator plots levels which can act as magnets to price. The levels are gap areas which are used within the ICT (The Inner Circle Trader) trading system. The indicator plots 5 areas of interest: 1: Daily Volume Imbalances - Referencing the Daily chart, boxes are calculated from close to open between all candles. Candles which have only 'wicks' between the...
This is a comprehensive trading tool that presents an overview of the market in a tabular format. It consists of five distinct categories of trading indicators : Volatility, Trend, Momentum, Reversal, and Volume. Each category includes a series of indicators that are widely used in the trading communauty. The Volatility category includes the Average True Range...
The New Adaptive Moving Average was created by Scott Cong (Stocks and Commodities Mar 2023) and his idea was to focus on the Adaptive Moving Average created by Perry Kaufman and to try to improve it by introducing a concept of effort vs results. In this case the effort would be the total range of the underlying price action since each bar is essentially a war of...
This is an experimental candlestick pattern that combines pinbars and engulfing patterns as my own implementation. These signals can be used as a possible reversal points based on timeframe used or set wick size. Of course these signals should never be used on their own but rather can be used as another confluence of possible entry signal. Functional and Manual...
📑 Showcase This is ready-to-show indicator version of the example code form the `motion` library. It can be used to create string- or color-based effects. Library: ================================================================================ 📑 Setup To use this library in your own scripts, you must first import it. To do this, add the following line to...
The magic formula is an investing strategy created by Joel Greenblatt that focuses on finding the best price to buy certain companies in order to maximize returns. When Greenblatt coined the term magic formula investing, his portfolio had a return of 24% from 1998 to 2009. This means that $10,000 invested at 24% for the period would have turned into just over $1...
US bond 10yr and 2yr yield inversion, which shows how it affects macro economy.
A basic statistic to describe "ranges". There are three inputs: - short range - long range - moving average length The output is a ratio of the short range to the long range. In the screenshot example, the short range is a single day (bar) and the long range is five days. A value near "1" would mean that every day entirely fills the five day range, and that a...
█ OVERVIEW We have included by default 3 known Patterns. The Bat, the Butterfly and the Gartley. But have you ever wondered how effective other, not yet known models could be? Don't ask yourself the question anymore, it's time to find out for yourself! You have the option to customize your own Patterns with the Backtesting tool and set Retracement Ratios and...