This chart is designed to calculate and display the percentage change of the Magnificent 7 (M7) stocks and the S&P 500 excluding the M7 (Ex-M7) from the beginning of 2024 to the most recent data point. The Magnificent 7 consists of seven major technology stocks: Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL), Meta (META), Nvidia (NVDA), and Tesla...
The “2-Year - Fed Rate Spread” is a financial indicator that measures the difference between the 2-Year Treasury Yield and the Federal Funds Rate (Fed Funds Rate). This spread is often used as a gauge of market sentiment regarding the future direction of interest rates and economic conditions. Calculation • 2-Year Treasury Yield: This is the return on...
The Connors RSI with Down Gap indicator is a technical tool designed to support Larry Connors' Terror Gap Strategy, which is part of his broader framework outlined in the book "Buy the Fear, Sell the Greed: 7 Behavioral Quant Strategies for Traders." This specific indicator integrates the ConnorsRSI calculation with a focus on detecting down gaps in price,...
Simple script displays DOW, Nasday and S&P changes in values and % overlayed on the chart. I didn't find any such display so as to visually see how the broader market is while trading a chart.
ICT Reversals / Continuations Zones Using the ICT Killzones with History of the Most Reversal / Continuation Setups London Open NewYork Open London Close Reversal Zones are marked With Red Background and while in them are marked with "Reversals" Continuation Zones are marked with Grey Background and while in them are marked with "Continuation"
The "US Futures Momentum Overview" indicator is designed to provide a comprehensive view of momentum across various U.S. futures markets. It calculates the Rate of Change (ROC) for multiple futures contracts and displays them as lines on a chart. Each futures market is plotted with a unique color for easy differentiation, allowing traders to quickly assess the...
The "RSI K-Means Clustering " indicator is a technical analysis tool that combines the Relative Strength Index (RSI) with K-means clustering techniques. This approach aims to provide more nuanced insights into market conditions by categorizing RSI values into overbought, neutral, and oversold clusters. The indicator adjusts these clusters dynamically based on...
Stochastic Oscillator using Top 7 SPX stocks- operational in pit hours
Not sure to call it as willspread or not, because i take this idea from Larry William's original willspread indicator and did some modifications which found out to be more effective in my opinion, which is by subtracting 21 and 3 ma, this indicator is found on Trade_Stocks_and_Commodities_With_the_Insiders page155. Feel free to find out. Here's what I modified,...
The Global MPMI Overview Indicator is designed to provide a comprehensive view of the Manufacturing Purchasing Managers' Index (PMI) for various countries and regions. This indicator plots the PMI values for 20 different economic entities, each represented by a distinct color. The PMI is a crucial economic indicator that reflects the health of the manufacturing...
The ticker symbol for the NYSE CUMULATIVE Tick Index is TICK. The Tick Index is a short-term indicator that shows the number of stocks trading up minus the number of stocks trading down. Traders can use this ratio to make quick trading decisions based on market movement. For example, a positive tick index can indicate market optimism, while readings of +1,000 and...
This PineScript code creates an indicator called "Reward Ratio Validator" that helps traders evaluate potential trade setups based on pivot points, standard deviation, and risk/reward ratios. Here's a breakdown of what the code does: 1. Input parameters: - Pivot: Number of bars for pivot calculation - STDEV Length: Number of bars for standard deviation...
The Session Countdowns indicator is a powerful tool designed for traders who want to keep track of multiple trading sessions throughout the day. This indicator allows users to customize and monitor up to four different trading sessions with real-time countdowns until the session starts and ends. Customizable Sessions: Define up to four trading sessions with...
Tensor-Based Classification Experiment This innovative script represents an experimental foray into classification techniques, specifically designed to analyze returns within a compact time frame. By leveraging tensor-based analytics, it generates a comprehensive table that visually illustrates the distribution of counts across both current and historical bars,...
Bang Jago Indicator merupakan penggabungan dari beberapa indicator dan bertujuan untuk menjadikan mandiri trader dengan beberapa kemudahan tools yang diberikan, semoga bermanfaat. Terima kasih
Weekend Highlight Pine Script Documentation Overview The Weekend Highlight script is designed to visually mark the weekends on trading charts, particularly for markets like cryptocurrency, which trade 24/7. By highlighting weekends and early Monday hours, this tool helps traders quickly identify these periods and analyze price action with clarity. In traditional...
This is an extension of the previously released script, "Price / US M2 Money Supply (with added features)." This new version keeps all the original features while significantly expanding its functionality by allowing users to select from various economic and financial benchmarks as the denominator, making it a more versatile tool for ratio analysis. What This...
This is an indicator to have text anchored in any symbol or chart, keep your ules at sight so is easy for you to follow, have your Bias too.