Introducing the "SML Suite" Indicator The "SML Suite" is a powerful and easy-to-use trading indicator designed to help traders make informed decisions in the world of financial markets. Whether you're a seasoned trader or a novice, this indicator is your trusty sidekick for evaluating market trends. Key Features: Three Moving Averages: The indicator...
👉The indicator provided here is a technical analysis indicator for TradingView users that identifies potential breakout and breakdown opportunities on the initial 30-minute range in every trading session. 👉The indicator high and low of the initial 30-minute period and plotting them as horizontal lines on the chart. The high is marked in green line and the low is...
The TrendDetector calculates waves on the chart using the built-in ZigZag indicator and detects a trend change after the last high/low update occurs in a minimum sequence of non-updated highs/lows. This assumes a continuation of the trend for the subsequent update of the remaining high/low. For trend determination: When you see a pink or light yellow trend...
VWAP Balance Zones (VBZ) Is based on 3 concepts. Many Traders use VWAP to help determine Price Trends. Trends are typically identified by new Highs or new Lows. Balanced is found when Supply and Demand are mostly Equal. VBZ tracks the daily, weekly, and monthly highs and lows; Then plots the average (50%) between the VWAP and the respective extremes. 50%...
The Stablecoin Supply Ratio Oscillator (SSRO) is a cryptocurrency indicator designed for mean reversion analysis and sentiment assessment. It calculates the ratio of CRYPTO:BTCUSD 's market capitalization to the sum of stablecoins' market capitalization and z-scores the result, offering insights into market sentiment and potential turning points. Methodology:...
Opposite Side Liquidity Dominance Indicator Explanation : Imagine you're trading in the financial markets, and you want to understand who's in control - the buyers or the sellers. The "Opposite Side Liquidity Dominance" indicator is here to help you do just that in a simple and visual way. 1. **Lookback Period**: This indicator looks at historical data to make...
Calculate the range as the difference between the high and low prices. The maxRange input to specify the maximum allowable range that defines a sideways market. The background color is set to blue during sideways market conditions, and it's transparent to some extent (transp=90). When the market is not sideways, the background color is not changed. The...
This custom indicator calculates three common bankruptcy risk scores: Altman Z-Score Zmijewski Score Grover G-Score Altman Z-Score Companies are in healthy condition if the Z-Score > 2.6. Companies are in vulnerable conditions and need improvement (grey area) if the score is between 1.1 - 2.6. Companies have the potential to lead to serious...
OVERVIEW This script allows you to perform data transformations on Market Internals, across exchanges, and specify signal parameters, to more easily identify sentiment extremes. Notable transformations include: 1. Cumulative session values 2. Directional bull-bear Ratios and Percent Differences 3. Data Normalization 4. Noise Reduction This kind of data...
Correlation is a statistical measure that expresses the extent to which two variables are linearly related (meaning they change together at a constant rate). It's a common tool for describing simple relationships without making a statement about cause and effect. This script allows the user to input a multiplier to reverse the symbol input. This enables the user...
This indicator provided here is for identifying swing-based support and resistance levels. It uses two swing lengths, which can be adjusted by the user, to identify swings in the price data. For each swing length, the script calculates the support level as the low of the swing if the trend is up, or the high of the swing if the trend is down. It then plots the...
This indicator attempts to show price source delta, mostly for intraday trading but may have applications on higher timeframes. Choose a different symbol from the chart, or use formulas, pick price source (close, open, lows, etc) and a cumulation calculation type. There are three to choose from and the tooltip provides the differences, they are as follows: 1)...
Ruth is based on the most known technical indicators and designed for intraday traders. Ruth's aim is to find the best Buy/Sell points and decide to stop loss point with minimum Loss also Ruth tries to find multiple Profit points as TP1/TP2/TP3/TP4/TP5. Ruth was designed based on the heat map colors to be user-friendly and easy to read. While cold color preferred...
This indicator plots the opening range for each of the market sessions. Users can chose the length of the opening range, as well as change the time for each of the sessions. This script is based on opening range breakout strategies, which entail taking a long/short depending on which way the price breaks out. To trade it, we wait for the session opening range to...
Plots a crypto's open interest on Binance. You can choose to see OI as asset-denominated (e.g. 1000 BTC), USD-denominated, or both. How I usually interpret OI: Price up, OI up = longs opened = bullish Price up, OI down = shorts closed = bullish on HTF, or counter-trade on LTF Price down, OI up = shorted opened = bearish Price down, OI down = longs closed =...
Description: The "Zaree - FX Index RSI Indicator" (FIRI) is a technical analysis tool designed to provide insights into the relative strength of two selected currency indices using the Relative Strength Index (RSI). It allows traders to compare the RSI values of a primary currency index and a secondary currency index, helping them identify potential overbought...
Description: The "Zaree - FX Index Spread Indicator" (FISI) is a powerful technical analysis tool designed to provide insights into the spread between two selected currency indices. By calculating and visualizing the percentage difference between the values of a primary and a secondary currency index, traders can gain valuable information about potential market...
The Liquidity Concepts indicator is designed to represent the liquidity on the chart using pivot points as potential stop-losses / liquidity grabs. The indicator is facilitated by a market structure detector and pivot points to identify resting liquidity / stop-loss levels. A liquidity grab or a stop-loss hunt is when retail traders place their stop-loss orders...