The indicator calculates pivot points using price data from different timeframes such as 12M, 1M, 1W, 3D, and 1D. For each timeframe, it retrieves the high, low, open, and close prices of the previous bar. The pivot point is calculated as the average of the high, low, and close prices, which provides a central level where market sentiment may shift. This...
Interest Rate Trading: How Interest Rates Can Guide Your Next Move. How were interest rate decisions added? All interest rate decision dates were manually retrieved from the 'Record of Policy Actions' and 'Minutes of Actions' on the Federal Reserve's website due to inconsistent dates from other sources. These were manually added as Pine Script currently only...
The OI Volume Oscillator Cross Dynamics is a custom indicator designed to analyze the relationship between Open Interest (OI) and Volume Oscillator in the cryptocurrency markets. This tool aims to assist traders in identifying potential market sentiment shifts, enabling them to make informed trading decisions based on the dynamic interplay of these key market...
The Open Interest Chart displays Commitments of Traders %change of futures open interest , with a unique circular plotting technique, inspired from this publication Periodic Ellipses . 🔶 USAGE Open interest represents the total number of contracts that have been entered by market participants but have not yet been offset or delivered. This can be a...
The "Annualized Spot-Future Difference" indicator (ASFD) compares the closing prices of a futures contract and its underlying spot asset. It calculates the price difference between the two instruments and annualizes this difference to provide a standardized measure for comparison. The indicator takes inputs for the futures ticker symbol and the spot ticker...
Hello traders, I had a chat with a friend recently who's using a fund manager services to invest for him in some US-based ETFs tracking the US indices. I showed him using an online tool that those 2% annual fees he's paying to his fund manager are eating a lot of his profit overtime. As I had some time, I decided to code this simulator in Pinescript because...
Yield curve of the 1-10 year US Treasury Bonds, with over 60 years of history. The Yield Curve is the interest rate on the 10 year bond minus the 1 year bond. When it inverts (crosses under 0) a recession usually follows 6-12 months later. It's a great leading indicator to identify risk in the macroeconomic environment. Yield curves can be constructed on...
With this little script, I have attempted to incorporate fundamental data (in this case, 10-year bond yields) into technical analysis . When pairing two currencies, the one with a higher bond interest rate usually appreciates when the interest rate differential widens, or, to use a simple example: in a currency pair A vs. B, with A showing a higher bond yield than...
With another period of mass interest rates manipulation, I created this indicator to show them all. It reveals latest interest ratest (at a time of the last update) and a date when each central bank manipulated the rates. If you would rather view a single pair data check: and
The Taylor rule is a simple formula that John Taylor devised to guide policymakers. It calculates what the federal funds rate should be, as a function of the output gap and current inflation. Here, we measure the output gap as the difference between potential output and real GDP. Inflation is measured by changes in the CPI, and we use a target inflation rate of...
Library "FunctionCompoundInterest" Method for compound interest. simple_compound(principal, rate, duration) Computes compound interest for given duration. Parameters: principal : float, the principal or starting value. rate : float, the rate of interest. duration : float, the period of growth. Returns: float. variable_compound(principal,...
This indicator will show central bank interest rates on any major currency pairs. I included the last 10 values for the study and will update them with future changes. Major currencies: USD, CAD, NZD, AUD, JPY, EUR, CHF, GBP I might add CZK, TRY, ZAR, and Yuan in the future.
This tool shows CB Interest Rates for USD, JPY, CAD, CHF, EUR, GBP, NZD, AUD - basically all the majors. Use override and input your own value if it is changed and I haven't updated the script yet.
By studying historical data we can know the compounded growth rate of an investment from the inception date. For example if we know that an investment has grown at the rate of 6% in the past and if we expect similar growth in the future also, We can plot this graph to understand whether the current price is underpriced or overpriced as per projected return. In...
A script that contains real time mortgage rates from Wells Fargo using the QUANDL data link. Use this lower indicator with US10Y or others on the top. VIX will be added as well to help inform and predict. List of Available Mortgage Interest Rates including APR or IR (Interest Rate) *NOTE* : Not all indicators are up and running yet but will be very soon. ...
English I'm often asked to provide an alternate view on the CoT data. For example, the indicator "Commercial index" is an oscillator from 0 to 100, but oftentimes it can be helpful to look at the absolute position. So, here the absolute position of certain parts of the CoT report are given, alongside with the percentage of a given time frame to put them in...
A simple function to calculate compound interest for given values.
English: One part of the "Commitment of Traders-Report" is the Open Interest which is shown in this indicator (source: Quandl database). Unlike my also published indicator "Open Interest-Buschi", the values here are not absolute but in a ranking system from 0 to 100 with individual time frames- The following futures are included: 30-year Bonds (ZB) 10-year...