Magic Line 2.0 βWELCOME TO MAGIC LINE 2.0 β
This indicator is intended to show current market sentiment – a reflection of that which market internals (VIX, ADD, TICK, VOLD and TRIN) are doing.
The indicator does not make any reference to, or have any knowledge of, SPX price action.
If Magic Line is green, that suggests that market sentiment is rising. If Magic Line is red, that suggests that market sentiment is falling.
If Magic Line is above zero, that usually suggests an overall positive market sentiment, and if it is only slightly red, then SPX price action could still be bullish. And vice versa.
USERS ARE ENCOURAGED TO:
- Adjust the Main Parameters … find out what works for you!
- Adjust the Flat Zone … if you are using a longer timeframe, a higher value in the Flat Zone might be beneficial
Users are also encouraged to play with the Internals, in particular:
- Turn the individual Internals on / off … experiment; what happens if you turn off everything, other than say ADD?
- Adjust the relative weighting of each Internal
It's not really recommended to play with the EMA weightings (either of the internals, or the fast / slow lines) - but you're welcome to do so, if you wish!
ADDITIONAL NOTES
Market internals are often not very beneficial for trading futures, or long options. If you’re not careful, you can get badly chopped up.
If you set Grind Correction to max. (100) you’ll get a positive trend even on a grind day. The downside is that on a more volatile day, the indicator will be a little slower in responding.
If Magic Line is flat, or just wandering around in the chop zone, SPX price action may well be flat, slowly grinding, or choppy.
This has been back-tested and forward-tested during 2022 (April – August) market conditions (Trading View doesn’t give short-timeframe data further back) . If market conditions change significantly, I may find that I need to adjust / update some of the coding. TBA …
Disclaimer; it is of course recommended to have all market internals open individually, rather than relying on a ‘Market Internals Smoothie’ for making trading decisions! :)
Sentiment
Candle StrengthIt is hard to know which party plays a vital role in the candle. Sometimes we see a red candle/ Seller's candle very weak, but still, the market continues. Here, I tried to figure out how much strength buyers/sellers possess in their respective candles.
The idea is simply to measure the area between high and low and then calculate the opposite party's oppression by calculating the wick's area.
This script is more like a tool, and hence I do not suggest using this as an independent strategy. However, combining it with other analyses and strategies will surely bear fruitful results.
I, in the future, will come up with strategies and more tools like this.
So, follow me to keep getting updates.
Thanks.
Future's spread with base contract (MOEX)English:
Indicator calculates spread between future and it's theoretical price baased on base contract, number of days to expiration and central bank key rate.
I didn't find any means of getting base contract of security on chart so I hardcoded futures and corresponding base contracts.
Hardcoded futures are MOEX (Moscow Exchange) only and key rate used in script is Russian Central Bank's key rate from 2013, but I believe you can easily adapt it to any other key rate history. I can share source code of tiny C++20 utility for easy generation of get_rate(time) function from more human-readable date format rather then UNIX timestamp used in PineScript.
Only quarterly futures are supported. Only in "SIU2022" like notation. "SI1!" like aliases are not supported.
Русский:
Индикатор отображает спред фьючерса к его теоретической цене с учётом усыхания на каждый день.
Не нашёл, как определить базовый актив фьючерса средствами TradingView - поэтому это соответствие захардкожено вручную.
Поддерживаются только квартальные фьючерсы, только MOEX, только хардкор.
Поддерживается история ключевой ставки ЦБ РФ с 2013 года.
Используйте коды фьючерсов вида "SIU2022".
Не поддерживаются альясы вроде "SI1!", "EU1!".
Crypto Terminal [Kioseff Trading]Hello!
Introducing Crypto Terminal (:
The indicator makes use of cryptocurrency data provided by vendor INTOTHEBLOCK.
NOTE: The cryptocurrency on your chart must be paired with USD or USDT. Data won't load otherwise - possibly transient. For instance, BTCUSD or BTCUSDT, ETHUSD or ETHUSDT.
Provided datasets:
Twitter Sentiment Data
Telegram Sentiment Data
Whale Data (i.e. % of Asset Belonging to Whales)
$100,000+ Transactions
Bulls/Bears (Bulls Buying | Bears Selling)
Current Position PnL (Currently Open Positions for the Coin are Retrieved and Plotted. Data is Split into Currently Profitable Positions, Losing Positions, and B/E Positions)
Average Balance
Holders/Traders Percentage (Addresses are Retrieved and Classified as Holding Accounts or Trader Accounts)
Correlation
Futures OI
Perpetual OI
Zero Balance Addresses
Flow (Money Inflow & Outflow)
Active Addresses
Average Transaction Time
Realized PnL (Addresses with Realized Profits, Realized Losses, and B/E)
Cruisers
A few more data points are provided.
Additionally, you can plot the values of any dataset in a pane below price.
Below are images of plottable data; different cryptocurrencies will be shown for each example (:
Twitter sentiment data.
Assess this data lightly; difficult to confirm accuracy.
Telegram sentiment data.
Assess this data lightly; difficult to confirm accuracy.
Percentage of asset belonging to whales.
$100,000+ transactions (volume oriented)
Bulls buying; bears selling.
Current positions at profit; current positions at loss; current positions at breakeven.
Average balance.
Percentage of asset belonging to traders; percentage of asset belonging to holders.
Asset's 30-interval correlation to BTC.
Perpetual open interest.
Zero-balance addresses.
Flows.
Active addresses.
Average transaction time.
Addresses at realized profit; addresses at realized loss; addresses at breakeven.
Cruiser data.
Futures open interest.
Naturally, this data isn't provided for every cryptocurrency; NaN values are returned in some instances.
Table 1
I provided three data tables, which load independently, so you don't have to change plotted data to access values.
Table 2
Lastly, you can create a 10-asset crypto index and run calculations against it.
The image shows an example.
I'll update this script with additional calculations/data in the near future. If you've any suggestions - please let me know!
Enjoy (:
Masculine Relative Strength - an FX strength comparison ind.This Relative Strength Indicator compares all majors and all possible crosses against each other. (eur,usd,nzd,gbp,cad,aud,jpy, and chf ). The higher the currency ranks the stronger it is. The lower a currency ranks the weaker it is. It is calculated by taking a 200 period moving average and scoring the pair as strong or weak depending on the position of the moving average in comparison to current price action. For example if we are on the eurusd chart and current price action is above the 200 that equals to plus 1 for the euro and minus 1 for the dollar. This same scoring system is then applied to all other pairs giving you the ability to potentially pair the strongest currency with the weakest.I warrant that this information created and published by me on TradingView is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors. This does NOT guarentee profits. Past performance is no guarantee of future results
Chart Gain Or Loss With TableThis indicator auto calculate the first visible bar to the last visible bar
1. Gain or loss in percentage
2. Highest price
3. Lowest price
4. Total up bar
5. Total down bar
6. Total unchanged bar
7. Total bar
8. Total volume
*This indicator is not working on this page, you must add it in to your chart.
PerformerTired of spending time chasing down top performing sector(s) of the day? With this indicator, it automatically shows you the top two performing sectors for the market's open trading day. Why only two? This is because most people would rather focus their trading only the top one or two performing sector/stock(s) of the trading day and you really need only one good trade to make your money for the trading day. Also, why clutter up your chart with a big information window showing the entire list of sectors? This script is free for all to use and was designed to be non-cluttering for those who like to keep their charts clean. You can tuck this indicator in one of any of the 4 corners of your charting window for that clean look. This script features two things:
- Shows the top two performing sectors (the first 2 lines of the Information Window; there's no option to remove this, as this is the intention of having this indicator - if one of the sectors doesn't work out for you, there's usually another sector, so that's why we have the top 2)
- The last line (3rd line) shows the ticker symbol of the current stock/security you're looking at, along with the relative volume (this relative volume follows my own formula and will not match any other relative volume's found elsewhere - you can hide or show this from the settings menu)
What was removed from the original design?
Parts of this script contains the old original leftover code I disabled where the original idea was to also show you the top performing stock within the absolute top performing sector; however, I ran into a snag in getting this to work properly. I think it's a limitation issue, as well as preventing scripters from unintentionally causing a performance hit on the client and/or server side. Upon running into this issue, I then decided on, how about randomly showing a few tickers for the top performing sector, but also ran into an issue where I didn't like how it behaved. In any case, those who aren't new to the stock market should somewhat have many of these ticker symbols memorized, as well as know (or at least have an idea) a few ticker symbols in the various stock sectors. Again, this extra feature has been disabled and many parts of the original code cleaned up (or disabled) to reduce any unnecessary performance hits (for this published release). Even though this additional feature was removed/disabled from this public release, you can however, utilize the relative volume to help you figure out if the stock/security you're currently looking at is below, at or above the normal average volume. Typically, if you see a high relative volume in a particular stock/security, you know that there's a lot of trading activity with that stock/security for the day, so it's worth keeping that stock/security on your watchlist.
* Please note that this script is in its early beta stage and there could be bugs. This is being provided as is and the information provided by this script is meant for informational/entertainment purposes only. As always, please use proper due-diligence and not 100% relying on a single indicator for your trading.
Tick LiteTick Lite is our solution to issues caused by indicator processing restrictions.
Our original Tick Plus Indicator was too powerful and had to be split into 2 indicators to guarantee we are giving you the fastest live tick data through it.
You can use Tick Lite with "Tick Plus" for the entire Tick Plus System, or you can use it on its own if you prefer.
Tick Lite displays the Tick Chart along with our Market Sync Indicator.
The Tick chart displays a candlestick TICK chart for your chosen exchange and keeps track of the current day's high tick and low tick. Drawn behind these are our Key Reversal Zones.
Market Sync Indicator
This is a small but powerful indicator that analyzes the inflow and outflow of each exchange's underlying securities. When all the markets are in harmony, it will print a green or red symbol below the tick chart.
Alerts can be set with these signals to take advantage of the system across tickers.
Note: A gray readout indicates that every market is not moving in the same direction at that moment.
We recommend using this indicator with our "Tick Plus" Indicator for the entire Tick Plus System.
All of the default settings are our recommended settings.
Please check the Author Instructions Below for how to gain access to our indicators.
Double CCIWith this variant of the CCI indicator you have 2 CCIs. I call it convenience the fast and the slow.
The slow one has the default period of 20. The fast one has a lower value and will therefore also change his direction much faster.
I don't use this as a decisive indicator, but the fast one does indicate where the standard CCI might go and so you are already prepared for the decisive moment.
I've added a zero line so you can visually track whether the buyers or the sellers are predominant.
Between 0 and +100, as well as between 0 and -100 there is still a battle between buyers and sellers and it is better to wait a little longer before entering a trade.
From +100 to +250 I have colored the zone green; here the buyers are winning and it is a confirmation that you can safer enter the BUY.
From -100 to -250 it's colored red; here the sellers are firmly winning and it is a confirmation to go into a SELL.
Most values are adjustable via the settings and can be switched on or off.
This indicator is not intended to be used as the sole decision element, but rather to fine-tune your entry and exit points . Maybe wait a little longer than you normally would, but then be able to step in at the right time that there is enough volume in your desired direction.
Good luck with it and I would love feedback.
Thank you Tradingview-community.
Candle Strength IndicatorThe candle strength indicator depicts the average strength of the price action by evaluating bullish vs bearish candles.
The scale is relative to price fluctuation and the size of the candles for the particular ticker / market, so there are no significant levels.
A cross on the zero line would generally indicate a change in trend / sentiment.
This indicator may be useful as a filter for entries and use in confluence with other indicators.
CHART BTC [KFOO VIP]Helps you follow the behavior of currency pairs during the momentary speculation
EuroDollar Curve Implied 3M RateChart shows the Eurodollar futures prices latest prices from Sep 22 onwards. Display logic based on LongFiats code. This needs to be readjusted manually every 3 months whenever the front-month expires. Good tool to see where professional eurodollar futures think interest rates will be over the next few years. Check regularly as sentiment changes.
Time Machine█ OVERVIEW
This script is designed to display future and current time resistance levels based on multiple techniques such as candle behaviors and count and some significant financial times according to Gann and more.
Each chart consists of an X-Axis ( time ) and a Y-Axis ( price ). Price can travel up and down giving you both support and resistance levels, on the other hand, time only travels forward which is why they are called time resistance levels.
Time resistance happens at multiple significant places. Have you noticed that when a triangle breaks north or south that the tip of the triangle acts as time resistance level where something happens ? Many patterns and techniques are designed
to detect and these levels through patters, candle behavior and more. This script aims to assist in detecting these levels ahead of time or at candle opens . This is a very important point. A signal of time resistance can be displayed at candle open
or ahead of time. both of these cases mean that the time resistance is confirmed. These resistance levels are rated on a scale from 0 to 3 and this scale could change and more filtering could be applied in the future to make this script
even more powerful. I would say this is a functional beta version ( v0.5 ) that could be improved upon and that's what I intend to do. scroll down to see if there are any other upgrades to this script. Each time frame has its own time resistance levels. Future levels could appear at any point;
for example, if there are no future time resistance levels within the next 6 days -lets say,- this does not mean that one doesn't appear tomorrow. A regular check would give you an edge in this script. Of course this is something that can be improved in the near future. This script does not reprint ( confirmed data does not change ) but more future data can be added no previous data.
Enjoy!
█ Future Plans and upgrades to this script may include :
1. Adding more astro influencers into the script.
2. Fine tuning the script a bit more to filter unwanted noise.
3. Adding toggle switches for users to select from. ( toggle between multiple techniques )
and more! feel free to let me know what you'd like to see!
█ How to use :
1. Put the script on your chart
give the script a few seconds and you should be set.
This script is coded as an addon to the Gann ToolBox package/scripts.
FOMC AnnouncementsThis indicator plots vertical lines at the scheduled times of US Federal Reserve's FOMC Meeting Announcements. Usually, that time or the 24 hours before and after could see big moves in markets. You can change those dates and times in the settings, and could use the indicator option "Add this indicator to entire layout" if you want to easily reflect that across all panes of a layout. Those lines will show on any symbol you switch to, saving you time and effort of drawing them manually.
CryptoCurrency Short X-RayIndicator to show the data on short sellers for cryptocurrencies. Color coded as the following:
Orange=Shortsellers are Shorting
Blue =Shortsellers are Covering
Red =Others are Selling
Green =Others are Buying
Includes lines to show the range that shortsellers have recently (within the last 1024 bars) been operating in to give indication on how extended they are, along with 25%, 50%, and 75% levels inbetween. Do not rely exclusively on this indicator as this can change wildly depending on the situation at hand, and be sure to select the short data in the settings that matches the ticker you're trading.
Order Blocks Indicator By ForexBee V.1
What are Order Blocks:
Order blocks in forex refer to the collection of orders of big banks and institutions in forex trading. The big banks do not just open a buy/sell order but distribute a single order into a check of blocks to maximize the profit potential. These chunks of orders are called order blocks in trading.
Types of order blocks
Order blocks are categorized into two types in trading based on order types.
Bullish order block
Bearish order block
Bullish order block
When a bullish impulsive wave forms after the break of a ranging market structure or block, it indicates the formation of a bullish order block.
When the price returns to the order block zone, we’ll open buy orders to trade with institutions.
Bearish order block
When a bearish impulsive wave forms after the break of price range or block, a bearish order block forms. We’ll open sell orders from the bearish order block zone when the price returns to this zone in the future.
How to draw an order block zone in trading?
To draw an order block, you should first learn to identify the chart’s price range or price block.
In the next step, mark the highest point and the lowest point of the price range
Draw a horizontal zone meeting the high and low of the order block zone. This will act as an order block zone.
Point-in-time Relative Volume OscillatorShows relative volumetric strength of a trend.
The column bars show relative strength in percentage.
The color is based on the change in strength in comparison to the previous bar.
The EMA is used to determine if one should enter/exit or stay.
Combo Z ScoreObjective:
Can we use both VIX and MOVE relationships to indicate movement in the SPY? VIX (forward contract on SPY options) correlations are quite common as forward indicators however MOVE (forward contract on bonds) also provides a slightly different level of insight
Using the Z-Score of VIX vs VVIX and MOVE vs inverted VIX (there is no M of Move so we use inverted Vix as a proxy) we get some helpful indications of potential future moves. Added %B to give us some exposure to momentum. Toggle VIX or MOVE.
If anyone has a better idea of inverted Vix to proxy forward interest in MOVE let me know.
Binance Futures Swap-Spot Basis LabelNote: This script will only work with Binance Futures Symbols
This script calculates the basis between the Binance Future and Binance Spot market for the coin you are currently viewing and paints a label on the chart which displays the percentage difference between future and spot. If the future is trading below the spot market the text will be red indicating backwardation and if the future is trading above spot, it will be green indicating contango. Please note this script will only work on Binance perps against Binance spot. The script will change based on what perp you are looking at, no inputs are required.
Binance Big Open Interest Delta Change v2 Note: This script will only work properly with Binance Futures symbols.
This script simply looks at the open interest for the symbol you are currently viewing and determines if a large change in open interest has occurred, which triggers a background color alert.
It does this by comparing the absolute value of the range of the current open interest bar with a simple average (length set by user) of the past x range. The user also determines what is considered a 'large' change in open interest by setting a multiplier with which the current range must exceed compared to the average range in order to trigger an alert.
If the change in open interest is an increase in OI, the alert is blue, and if the change in open interest is a decrease, the alert is orange.
The open interest ticker that is used for calculation is derived by adding the current ticker and "_OI" so that it auto changes each time you switch to a new Binance futures contract.
RSI - S&P Sector ETFsThe script displays RSI of each S&P SPDR Sector ETF
XLB - Materials
XLC - Communications
XLE - Energy
XLF - Financials
XLI - Industrials
XLK - Technology
XLP - Consumer Staples
XLRE - Real Estate
XLU - Utilities
XLV - Healthcare
XLY - Consumer Discretionary
It is meant to identify changes in sector rotation, compare oversold/overbought signals of each sector, and/or any price momentum trading strategy applicable to a trader.
Auto Fibonacci Retracement - Real-Time (Expo)█ Fibonacci retracement is a popular technical analysis method to draw support and resistance levels. The Fibonacci levels are calculated between 2 swing points (high/low) and divided by the key Fibonacci coefficients equal to 23.6%, 38.2%, 50%, 61.8%, and 100%. The percentage represents how much of a prior move the price has retraced.
█ Our Auto Fibonacci Retracement indicator analyzes the market in real-time and draws Fibonacci levels automatically for you on the chart. Real-time fib levels use the current swing points, which gives you a huge advantage when using them in your trading. You can always be sure that the levels are calculated from the correct swing high and low, regardless of the current trend. The algorithm has a trend filter and shifts the swing points if there is a trend change.
The user can set the preferred swing move to scalping, trend trading, or swing trading. This way, you can use our automatic fib indicator to do any trading. The auto fib works on any market and timeframe and displays the most important levels in real-time for you.
█ This Auto Fib Retracement indicator for TradingView is powerful since it does the job for you in real-time. Apply it to the chart, set the swing move to fit your trading style, and leave it on the chart. The indicator does the rest for you. The auto Fibonacci indicator calculates and plots the levels for you in any market and timeframe. In addition, it even changes the swing points based on the current trend direction, allowing traders to get the correct Fibonacci levels in every trend.
█ How does the Auto Fib Draw the levels?
The algorithm analyzes the recent price action and examines the current trend; based on the trend direction, two significant swings (high and low) are identified, and Fibonacci levels will then be plotted automatically on the chart. If the algorithm has identified an uptrend, it will calculate the Fibonacci levels from the swing low and up to the swing high. Similarly, if the algorithm has identified a downtrend, it will calculate the Fibonacci levels from the swing high and down to the swing low.
█ HOW TO USE
The levels allow for a quick and easy understanding of the current Fibonacci levels and help traders anticipate and react when the price levels are tested. In addition, the levels are often used for entries to determine stop-loss levels and to set profit targets. It's also common for traders to use Fibonacci levels to identify resistance and support levels.
Traders can set alerts when the levels are tested.
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Disclaimer
Copyright by Zeiierman.
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
