DAILY CANDLE SIZE TRACKER The daily candle size Indicator is a versatile tool designed to measure and analyze the length of candlesticks on your TradingView chart. This indicator helps traders gain insights into market volatility and price movement by displaying the relative size of particular size of candle in terms of its range (open to close) of particular day...
What’s the purpose of this indicator? This indicator is part of the Optirange suite , which analyzes all timeframes using a mechanical top-down approach to determine the overall market bias. It helps you identify the specific timeframes and exact levels for positioning in longs, shorts, or guiding you on whether to stay away from trading a particular market...
mathematical calculation chart. it is totally based on the square root calculation of previous day + 66.66% of Square root. ( last dat sqrt+66.66% of Sqrt). buy above the value. best for stock in intraday
OVERVIEW: The G.O.A.T. Scalper Diagnostics indicator system enables users to discover unorthodox indicator patterns, reading price charts in unusual ways, thus gaining an edge over the majority of market participants they trade against. CONCEPTS: Th G.O.A.T. Scalper Diagnostics is a system that aims to satisfy the fundamental condition for successful online...
Indicator Overview Intraday Stop Loss Calculator is a practical tool designed for day traders. This indicator helps traders instantly calculate the loss percentage based on the high or low of the current K-bar relative to the entry price. It also displays the stop-loss risk based on the day's high or low. You can select either long or short mode, allowing the...
Cash cycle band shows the number of days and the profit margin compared to the previous period (it does not indicate how profitable the company is, but how well it is managed). Cash cycle band consists of 6 sections: 1. DPO is the days payables outstanding in the "red" followed by O/D which is overdraft or short-term debt (if any) . 2. DIO is the days inventory...
Introducing the Mxwll OptAlgo Mxwll OptAlgo is a sophisticated algorithmic trading tool designed to identify potential long and short signals. It leverages an optimized combination of the M-Swift average, M-Smooth average, and M-RSI to fine-tune custom lengths and improve signal accuracy. The Mxwll OptAlgo provides long and short signals across various trading...
Fair Value Gaps (Also known as FVGs or Imbalances) can be simply described as a three candle pattern, where the second candle's body isn't completely covered by the wicks or body of the second and third candle. These areas represent movements in the market where either buyers or sellers were not able to get involved due to price in the form of wicks not revisiting...
Vmoon Trend Table Indicator The **Vmoon Trend Table Indicator** is a powerful tool designed for traders who want to track trends across multiple timeframes and identify key pivot points that signal trend changes. This indicator provides a visual representation of trends in different timeframes through a convenient table, which can be positioned either at the top...
This Pine Script indicator, titled "Qty Calculator," is a customizable tool designed to assist traders in managing their trades by calculating key metrics related to risk management. It takes into account your total capital, entry price, stop-loss level, and desired risk percentage to provide a comprehensive overview of potential trade outcomes. Key Features: User...
What is Autocorrelation? Autocorrelation is a mathematical concept used to measure the degree of similarity between a given time series and a lagged version of itself over successive time intervals. Mathematically, it is the correlation of a signal with a delayed copy of itself as a function of delay. In simpler terms, autocorrelation helps us understand whether...
This Pine Script indicator, titled "Relationship Between Exchange Rate and Monthly Inflation in Uruguay," is designed to analyze the interaction between the exchange rate of the Uruguayan Peso (UYU) against the US Dollar (USD) and the monthly inflation rate in Uruguay. Data Retrieval: The script fetches the monthly exchange rate data for UYU/USD. It also...
Title: Pine Script Guide: Creating 15 Customizable Vertical Lines with Labels In this guide, we'll walk through how to create a TradingView script using Pine Script that draws 15 customizable vertical lines on your chart. Each line can be configured with specific time, color, width, style, and label options, making it a powerful tool for highlighting important...
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 ICT - MTF Bias Probability Statistics is a sophisticated trading tool designed to help traders identify and leverage market bias across multiple timeframes. By analyzing price actions relative to key levels, such as the previous day's high and low, this indicator provides a clear directional bias—bullish, bearish, or neutral—based on specific market...
This advanced TradingView indicator is designed to help traders manage multiple entry points with precise risk management and lot sizing calculations. It's particularly useful for scaling in and out of positions while maintaining a predetermined risk-to-reward ratio. Key Features: Multiple Entry Points: Supports up to 5 entry points, allowing for...
US Market Real Value Adjusted for CPI and Dollar Index Provides quick access to this formula: (SP:SPX+NASDAQ_DLY:IXIC+TVC:DJI+CAPITALCOM:RTY)/4/(ECONOMICS:USCPI*TVC:DXY*100) Overview: This indicator provides a dynamic view of the US stock market's real value, adjusted for inflation and currency strength. It combines major stock indices including the S&P 500,...
Relative Performance Analysis Script This Pine Script creates a detailed table on your TradingView chart to compare the performance of a specified asset against a benchmark over multiple time frames. The table is fully customizable, allowing you to select its location on the chart and display performance metrics for different periods. Features: ...