# What's this script? Plot BookValue/share and TangibleBookValue/share Visualization of Price Bands for Acceptable P/E and P/B Adaptation to Currency Change When TTM(FQ) financial data is not available, FY financial data is used to supplement the TTM(FQ) data. #Parameter P/E : acceptable price ratio of Earnings per share. Default is 15 P/B :...
The Buy Sell Calendar indicator displays a calendar showing the sentiment for the current day/month. Three different methods can be used to determine this sentiment. The calendar can also highlight the percentage of bullish days/months for a month/year. 🔶 SETTINGS Frequency: Calendar frequency, options include "Daily" and "Monthly" Sentiment Method:...
█ OVERVIEW A Lorentzian Distance Classifier (LDC) is a Machine Learning classification algorithm capable of categorizing historical data from a multi-dimensional feature space. This indicator demonstrates how Lorentzian Classification can also be used to predict the direction of future price movements when used as the distance metric for a novel implementation of...
This script calculates upper and lower bands using Chebyshev's inequality formula. The main pros.: the band doesn't depend on particular distribution. It fits to any type of random variables. Also it allows to calculate bands for instruments with extremely high volatility. Cons.: formula provides a rough estimation in some special cases like lognormal distribution.
J-Lines Cloud is a technical analysis tool that is used to identify potential support and resistance levels on a chart. It is based on the concept of the "J-Lines," which are lines that are drawn on a chart in order to identify potential turning points in price. The J-Lines Cloud is a variation of the J-Lines that is used to identify levels of support and...
New Volume Spikes Strategy. The Average True Range (ATR) indicator is a technical analysis tool that measures the volatility of an asset. It can be used to create a trading strategy by identifying periods of high volatility and making trades based on those conditions. Here is an example of a simple ATR trading strategy: Calculate the ATR for the asset you are...
This USD Liquidity Index composed of 2 parts, total assets and major liabilities of the Federal Reserve . There is a certain positive correlation between USD liquidity and risk asset price changes in history. Suggested that USD Liquidity is mostly determined by the Federal Reserve balance (without leveraged), this index deducts three major liabilities from the...
"In a world of ever pervasive and universal deceit, telling a simple truth is considered a revolutionary act." INTRO: First, how about a little bit of philosophic poetry with another dimension applied to it? The "matrix of control" is everywhere... It is all around us, even now in the very place you reside. You can see it when you look at your digitized...
The script "Balance of Force" is an indicator that aims to provide insight into the bullish and bearish forces present in the market by analyzing the relationship between bullish and bearish true ranges. The indicator first calculates the bearish and bullish true ranges by taking the absolute difference between the open and close prices for each period and summing...
This indicator show the net liquidity of the FED. Net Liquidity = FED balance sheet (total asset) - Treasury General Account - Reverse Repo Net liquidity and Net liquidity changes are shown on wednesday. Total asset and TGA report are on weekly basis, thus a daily basis would be inacurate. it is possible to add this indicator twice and move one of them in...
This indicator show the net liquidity of the FED. Net liquidity = Fed balance sheet (total asset) - Treasury General Account - Reverse Repo All sources can be select otherwise in parameter. It is possible to show only the weekly changes in Net liquidity. Net liquidity and Net liquidity changes are shown only on wednesday because Total asset and TGA reports are...
Moving Averages Plot up to 12 moving averages and customize colors directly on the inputs tab. Select from any of one of eight (8) moving averages types from the drop-down menu including 'EMA', 'HMA', 'LINREG', 'SWMA', 'SINE', 'SMA', 'VWMA', and 'WMA'. Default 'SMA' for Plots 1 through 6, and default 'EMA' for plots 7 through 12. Use this indicator to...
This indicator helps finding patterns within market structure in a highly intuitive manner. It does this by painting a picture instead of presenting numerical values. It greatly reduces noise in trend/structure analysis. ----- HOW TO USE IT ----- 1) Zoom out of chart to get a clearer picture of overall color patterns. 2) Consider areas of intense reds and...
The "ATR Pivots" script is a technical analysis tool designed to help traders identify key levels of support and resistance on a chart. The indicator uses various metrics such as the Average True Range (ATR), Daily True Range ( DTR ), Daily True Range Percentage (DTR%), Average Daily Range (ADR), Previous Day High ( PDH ), and Previous Day Low ( PDL ) to provide a...
The "Signal Viewer" script is a debugging tool that can be used for the signal of a Signal Indicator script like the "Two MA Signal Indicator" or the "Template Signal Indicator". This script will visualize the signal based on the convention that was defined in the settings. Also, alerts will be produced based on this convention. It's useful to be used before you...
— Overview Fair value bands, like other band tools, depict dynamic points in price where price behaviour is normal or abnormal, i.e. trading at/around mean (price at fair value) or deviating from mean (price outside fair value). Unlike constantly readjusting standard deviation based bands, fair value bands are designed to be smooth and constant, based on typical...
Stochastic RSI Screener is built as an indicator and can be applied to any chart. It gives users the ability to choose 5 specific symbols to watch and then specify the required options to change the RSI and Stochastic settings in a way that fits their needs. This screener shows the values of (CURRENT PRICE, RSI, K-VALUE, D-VALUE) for each one of the specified...
This script shows crypto market inflows/outflows by showing the USD stablecoin supplies, using data from glassnode.com : GLASSNODE:BUSD_SUPPLY GLASSNODE:USDT_SUPPLY GLASSNODE:USDC_SUPPLY Using a simple 20 EMA, the line will change color showing stablecoin inflow or outflow. Traders can consider stable coin inflows (green) as bullish for Bitcoin price,...