ReDraw script calculates the historical returns and drawdown for the given periods. By default, the return of the linear regression trends is displayed (can be turned off in settings). In this mode, two linear regression trends are being computed for both long and short periods, and the percent value indicates the "return of the trend" for the corresponding...
This indicator shows correlation strength between the source asset plotted in the main chart and a user-input asset in the indicator panel. For example, if the main chart panel is displaying BTCUSD and the correlation indicator is NDX, then the correlation strength is plotted as the relationship between the two. A strong positive correlation target is set at 0.80...
# Squeeze Momentum 3 First of All, I would like to give my gratitude to for the initital script's idea. This is my own version of SQZMOM. I had revised all equations and parameters according to Investopedia. Still, no matter how much we stick to the indicator, the indicator can not see the future. Trading results vary from time to time. In my opinion,...
█ OVERVIEW TASC's July 2022 edition of Traders' Tips includes an article by John Ehlers titled "Pairs Rotation With Ehlers Loops". This is the code that implements the Ehlers Loops applied to pairs rotation trading. █ CONCEPTS John Ehlers developed Ehlers loops as a tool to visualize the performance of one data stream versus another. Initially, he used...
Credits to @wolneyyy - "Mean Deviation Detector - Throw Out All Other Indicators" And @algomojo - "Responsive Coppock Curve" And the default Relative Strength Index The candles are the average of the MFI ,CCI ,MOM and RSI values presented as candles, they seemed similar enough in style to me so I created candles out of each and the took the sum of all the...
This indicator employs the functions of the Aroon indicator in a unique way that works better than the original Aroon by far. I've included examples of signals with vertical green and red lines in this chart. Some have red X's, denoting failed signals. In a strong uptrend, sell signals can be overridden by the trend and you must have other techniques or...
INTRO / NOTES: This script is based on Market Cipher B Oscillator by Falcon The difference in this script is that only the useful points are printed on the indicator, namely Long and Short Trade Execution signals to be used by a bot, namely the PT Bot. The script also differs from the original that it has been upgraded to Pinescript v4 This oscillator can be used...
This indicator calculates the area under a pre specified length of candles (Interval Integral) When the area go high and the start dropping it will be an indication the we were in a correction and it's about to end.
Realized Value: Rather than taking the current price of Bitcoin, Realized Value takes the price of each Bitcoin when it was last moved i.e. the last time it was sent from one wallet to another wallet. It then adds up all those individual prices and takes an average of them. It then multiplies that average price by the total number of coins in circulation. This...
Strategy based on Rainbow Oscillator .:: Features ::. Takes and Stops in percent Configurable indicator iside .:: Long condition ::. Indicator line is green (mean uptrend) and crossing averages generated from oscillograph signal fast is go up and crossing slow .:: Short condition ::. Indicator line is red (mean downtrend) and crossing averages...
In each of its major market cycles, Bitcoin's price historically bottoms out around the 200 week moving average. This indicator uses a colour heatmap based on the % increases of that 200 week moving average. Depending on the day-by-day % increase of the 200 week moving average, a colour is assigned to the price chart. Note: this is a slightly modified version...
This indicator is derived from Market Value and Realized Value, which can be defined as: Market Value: The current price of Bitcoin multiplied by the number of coins in circulation. This is like market cap in traditional markets i.e. share price multiplied by number of shares. Realized Value: Rather than taking the current price of Bitcoin, Realized Value takes...
Indicator Overview MVRV Z-Score is a bitcoin chart that uses blockchain analysis to identify periods where Bitcoin is extremely over or undervalued relative to its 'fair value'. It uses three metrics: 1. Market Value: The current price of Bitcoin multiplied by the number of coins in circulation. This is like market cap in traditional markets i.e. share price...
Overview: This indicator merges concepts from RSI , Stochastic , and Stochastic RSI together and runs at a specific time period to look for potential oversold and overbought scenarios. Intended use: To provide educational content about the short term movement of an asset. Can be used on any time frame. Disclaimer: NOT intended to be a sole source of Technical...
This script runs a proprietary money flow algorithm three times with different user defined inputs on the subsectors of the S&P, weights their outputs directly according to their weighting in the S&P and then plots the cumulative total of the 33 outputs as a single line which overlays the chart. The algorithm works by measuring relative volatility on each...
Super Sniper Screener with Multi Indicator EMA Crossover, Trend, ADX, MACD, SSL, CCI, STOCHASTIC, RSI, HMA, QQE, WAE. Trade Entry/Exit with multiple Indicator for Multiple Assets and Multiple Timeframe. if you are on a Higher / Lower Time frame and are looking for Entry/Exit based on a lower timeframe then this indicator is the best. The all in one screener for...
The main way to use this is that you set a threshold and a visual is given when the difference between the high and low is less than the threshold. This should be an indication that the market is ranging. There is also an option to show the opposite (when the difference is greater than the threshold) which has no purpose other than to show the opposite state if...
You set an upper and lower threshold and when both are met a direction is determined. I use this primarily as a confirmation indicator of a trend. The addition to the normal Aroon is simply the threshold settings and the visuals. There is even an option to see the length you are using which I find useful when the length is long, say 40+ so you don't forget that...