This tool is meant to help you learn the different types of gaps: GNG = Gap N Go (flag icon). This occurs RTG = Retest Gap (x icon) SETTINGS Gap Size: Will display a green(bullish) or red(bearish) icon. The 2% (default) gap size will highlight gaps that are greater than the configured setting (2% up or 2% down). NOTES The gap size is measured from the previous...
Visualize the percentage of stocks in an index participating in trends and breakouts/breakdowns. The default data source is the S & P 500: the percent of stocks above/below the 200 and 50 day moving averages, and the percentage of stocks making new 52 week breakouts/breakdowns. You can pick new data sources in the settings. The blue band represents the...
This indicator calculates the ratio of bearish to bullish candles over a certain window of time. It does this by keeping track of the number or distance (depending on the "Enable True Range Mode" input) between the high and low prices of bullish and bearish candles, respectively, and then dividing the total distance of bullish candles by the sum of the distances...
This indicator shows the percentage of the upper and lower wicks in reference to the entire candle. Is recommended to use with white background.
Get a snapshot of the market with the index's last price, distance to selectable moving averages, and breadth data. Choose to see data based on the Nasdaq or SPX, as well as net highs / lows for the Nasdaq, NYSE or combined. Snapshot shows: - Index's (SPX or Nasdaq's) last price - Put call ratio - % of stocks above the 50 day moving average for the index...
For use on a TICK Index chart. Intended for 5 minute intraday chart There are approximately 2800 tickers on the New York Stock Exchange. The TICK index (ticker TICK) compares the number of stocks rising to the number of sticks falling. A perfect harmony of rising vs falling stocks would read "0" (zero) on the TICK index. A rising TICK reading will indicate...
I created this indicator to tell me when it's time to trade (going long) and when it's time to wait (or going short). You can enter up to 13 ticker (default is S&P500 and key market segments). For each ticker, fibonacci levels are calculated and represented either in 5 color or 3 color mode as single lines. (Thanks to eykpunter for the fibonacci level...
The average mining costs of one bitcoin equals to the true intrinsic value Globally, the Bitcoin network uses around 0.5% of the world’s electrical power supply. The sheer amount of electrical power and complex hardware required to operate a mining farm has intrinsic value. This gives bitcoin a fundamental cost to create, and thus intrinsic value.
What is Distribution Day? A distribution day is when a market representative index (for example, Nifty 50) loses more than 0.2 percent in a day, with volume higher than that of the previous session. When a distribution day occurs, it hints that big institutional investors are exiting or reducing their positions in the market. Institutional activity is what...
A stochastic indicator is a technical analysis tool that uses random data points to forecast price changes in a financial security. It compares the closing price of a security to its price range over a set period of time. The indicator is designed to indicate when a security is overbought or oversold by comparing the closing price to the price range over a certain...
Renko Emulator - Rev NR - Released 12-29-22 By Hockeydude84 Simple script to Emulate Renko Charting behavior on standard candle stick charts. Code provide capability to select between standard(ish) Renko bricks (in this code it's defined by percent vs ticks/value), or an ATR brick option. For ATR bricks, the code provides an option to inhibit emulator movement...
MFI = Money Flow Index MTF = Multi Timeframe The Money Flow Index (MFI) is a technical indicator that can generate sentiment insight or pressure using both price and volume data. Configurable Indicator Signals Signal on MFI line directional changes Invalidate Signal if not in a overbought or oversold pressure zone Invalidate signal if MFI line is not in...
Rev NR of the CMO ATR, with LagF Filtering - Released 12-27-22 by @Hockeydude84 This code takes Chande Momentum Oscillator (CMO), adds a coded ATR option and then filters the result through a Laguerre Filter (LagF) to reduce erroneous signals. This code also has an option for self adjusting alpha on the Lag, via a lookback table and monitoring the price rate of...
This indicator combines NYSE TICK and RSI to aim to provide a view of NYSE market trend strength. What is TICK NYSE TICK, also known as the TICK index, is a technical analysis indicator that shows the number of stocks on the New York Stock Exchange (NYSE) that are trading on an uptick or a downtick in a particular period of time. The TICK index is calculated...
RangeBound - Code tracks price action within a user specified range (lookback), and tracks/charts overall high/lows, open high/lows, and close high/lows. Code resets certain parameters based on break of range to assist with determine price action - Can be useful to determine resistances to movement regardless of S&R levels. Code also uses the previous 5X Close...
This purpose of this indicator script is to reduce time traders spend staring on the charts. For example if you're trading BTCUSD you can set alerts to be trigered by desired delta amount, for example 50. Then you can receive push notifications on your phone (need to install the tradinview app) and on your desktop computer every time price changes by amount of...
This indicator generates liquidation levels of over-leveraged traders and utilizes a variety of different tools to analyze data such as Open Interest and Volume to provide an edge in your trading system and help you with valuable market insights. The concept of this indicator is inspired by the platform Hyblock and their Liquidation Levels tool. The script...