1. Global Liquidity Index: The code calculates global liquidity from economic data from multiple countries and regions. Specifically, it aggregates money supply data from major economies such as the United States, Europe, China, and Japan, and sums and adjusts them to get a global liquidity index. This index is calculated by summing data from different sources...
Purpose : The Price vs. 200 MA (EMA) Indicator measures the deviation of the current price from its 200-period Exponential Moving Average (EMA). Instead of merely plotting the raw difference, the indicator calculates a standardized difference (similar to a z-score), which quantifies the deviation in terms of standard deviations over time. This helps traders...
This Pine Script code defines an indicator named "Display Quadruple Witching" that highlights the chart background in green on specific days known as "Quadruple Witching." Quadruple Witching refers to the third Friday of March, June, September, and December when four types of financial contracts—stock index futures, stock index options, stock options, and single...
This indicator uniquely maps and interprets key market conditions using Moving Averages, MACD, RSI, and Bollinger Bands. Unlike traditional indicators that only display visual signals, this tool provides written analysis directly on your chart as soon as specific conditions are met. This feature makes it easier to understand the market’s current state and...
This Indicator stands apart by integrating the principles of the upgraded Discrete Fourier Transform (DFT), the Laplace Stieltjes Transform and volume spread analysis, enhanced with a layer of Fourier smoothing to distill market noise and highlight trend directions with unprecedented clarity. The length of EMA and Strategy Entries are modified with the Gann...
Greetings, dear traders. I present to your attention the concept of a Rempi Volume indicator + info table. Rempi Volume displays volume in a color palette, where: gray color - very weak volume, blue color - weak volume, green color - normal volume, orange color - high volume, red color - very high volume, purple color - ultra high volume The indicator...
Introduction The Fibonacci Retracement tool is a go-to for traders looking to spot potential support and resistance levels. By measuring the distance between swing highs and lows, you can apply Fibonacci ratios like 0.236, 0.382, and 0.618 to predict key market levels. Traditionally, these levels are set by dividing this distance into equal parts—known as...
EMA Volume is a versatile tool designed to track and analyze market volumes by calculating the Exponential Moving Averages (EMAs) of total, bullish, and bearish volumes. This indicator helps traders visualize volume dynamics, identify buying and selling pressure, and make informed trading decisions based on volume activity. Key Features: • Volume EMAs: The...
Cumulative Calculation: Summarizes the net volume (buying minus selling volume) cumulatively, providing a running total that reflects the aggregate trading pressure. Custom Timeframe Flexibility: Users can choose to analyze the volume on a custom timeframe, enhancing adaptability for various trading strategies. Color-Coded Visualization: Features an intuitive...
The VWAP with Trend Alerts indicator is designed to provide a comprehensive visual and analytical tool for traders using the Volume Weighted Average Price (VWAP) along with additional features like custom bar coloring and trend-based signal alerts. Key Components and Functionalities: 1. VWAP Calculation: The core of this indicator is the VWAP, which represents...
How to use Add Indicator:. Add this script to a chart analysis platform such as TradingView. Once added, it will detect abnormal volume and display this information on the chart. Anomaly Volume Detection: The script detects anomalies in historical volume movement averages. The script calculates a moving average of historical volume and identifies volume that...
The ADMA indicator is a technical analysis tool designed to identify trends and potential reversal points in a financial market. The indicator is based on the cumulative difference between the closing price and the high and low points of a candle. Two moving averages (MAs) are used to smooth the trend dynamics and generate clear signals. Calculation: The indicator...
Introducing the "VSA Wyckoff Volume" indicator—a powerful tool for traders who want to visualize and analyze market volume with precision. This indicator leverages Volume Spread Analysis (VSA) and Wyckoff principles to categorize volume into six distinct levels: Ultra High, Very High, High, Normal, Low, and Very Low. Each level is represented by a color-coded...
This indicator is named "EMA-BAND-PIVOT-VCP" and integrates multiple elements such as moving averages, volume, volatility contraction patterns (VCP), pivot points, and a table to display key market metrics. Key Features: Moving Averages: ( 4 - EMA) default settings 20 , 50 ,144 , 200 . Can be changed in settings. Pivot Highs and Lows: The script detects pivot...
BTC_GO_LONG_SONG This script works like a special helper that watches two things: Bitcoin (a popular type of digital money) and the S&P 500 (which is like a big basket of important companies' stocks). Imagine Bitcoin and the S&P 500 are connected by an invisible elastic band. When they move together: The elastic band stays relaxed. When they move apart: The...
The Volume Zone oscillator breaks up volume activity into positive and negative categories. It is positive when the current closing price is greater than the prior closing price and negative when it's lower than the prior closing price. The resulting curve plots through relative percentage levels that yield a series of buy and sell signals, depending on level and...
TechniTrend: Strong Candles Detector Description: The TechniTrend: Strong Candles Detector indicator is designed to identify strong candlestick patterns based on customizable thresholds of candle strength, volume, and price volatility. By detecting significant candles that have a high proportion of body relative to total range, the indicator helps traders...
This Pine Script, titled "3 Line Strike with Volume & Wicks", is designed to detect bullish and bearish 3 Line Strike and Engulfing candle patterns with additional confirmation through volume and the inclusion of wick size. Key features include: Customizable detection of patterns: Users can toggle between showing bullish or bearish 3 Line Strike patterns and...