This indicator can statistically compare ANY asset in Tradingview with the asset in the active chart. It helps to understand positive or negative corelation btw 2 assets with percentage. Indicator value oscillates btw +100 and -100. If value is close to +100, there is a positive co-relation and if value is close to -100, there is a negative co-relation. ...
Indice di Forza Relativa che calcola il rapporto tra il prezzo del titolo scelto (grafico principale) e il prezzo dell'indice SP:SPX .
Boom Hunter XL is a professional trading tool designed to expose perfect entries and incredible exits. This complete ground up rebuild of Boom Hunter Pro is an absolute essential for any professional trader or anyone serious about trading. Boom Hunter XL includes many upgrades to the Pro version such as volume pressure analysis, improved pressure dots, two new...
Mercury Helio Harmonics indicator represent the tropical zodiac energy forces that develop through the course of Mercury in the heliocentric zodiac wheel. The waves indicates the strength of cardinal energy (initiator) and it's harmonics. In Financial Astrology, Mercury represents the commerce, negotiations, transactions and trading, is very important cycle for...
This script uses all of the sub-components of my 'Fear and Greed Index' which can be used on intraday timeframes. Most of the components of this script are based on the popular fear and greed index website and are briefly described in the code comments. Several of the subcomponents have been recalculated to use RSIs instead of being compared to moving averages,...
Hello All, Relative Volume is one of the most important indicators and Traders should check it while trading/analyzing. it is used to identify whether the volume flows are increasing or decreasing. Relative volume measures current volume in relation to the “usual” volume for this time of the day. What is considered “usual"? For that, we have to use a...
This colours the candlesticks based on my 'Fear and Greed Index'. All calculations are explained in the code. The index is mainly based upon the components of the popular fear and greed index website. I've annotated the components in the code for you to look at. If you're interested, you can replace the final variable 'Total' (within the 'barcolor' function at...
I couldn't find one based on the original, so I made my own, it's not quite identical, but it does the job. Red = greed Green = fear I updated a lot of the subcomponents and fixed a bug. I've reduced the smoothing to 1, it was previously 5 if you prefer smoother signals. Also added a McClellan oscillator. I've commented out the plotting of individual...
█ OVERVIEW This indicator displays Cyclic Relative Strength Index based on Decoding the Hidden Market Rhythm, Part 1 written by Lars von Thienen. To determine true or false for Overbought / Oversold are unnecessary, therefore these should be either strong or weak. Noise for weak Overbought / Oversold can be filtered, especially for smaller timeframe. █ FEATURES ...
This is a modification of my Rate of Change Percentile script, used to compare the current ticker (e.g. Altcoins) to BTC. Essentially we are looking at (Current Ticker ROC percentile) vs (Bitcoin ROC percentile). In other words, we are using the ROC value of both the current ticker and BTC, and ranking each based on their previous ROC. We compare the...
Smooth, low-lag, bipolar version of DMI Improved DMI is the ultra-smooth, low lag version of your classic DMI indicator. With it on your charts, you can throw away both DMI and ADX. The classic indicator ADX is a smoothed (and lagging) version of the more basic, and more noisy, DMI indicator. DMI itself is composed of two jittery components, DMI.up and DMI.down,...
SOPR stand for Spent Output Profit Ratio. It’s a Bitcoin on-chain metric that shows whether Bitcoin spent outputs (UTXO’s) are being realized in profit or loss. It’s calculated by dividing realized value by the value at creation (price sold / price paid). The SOPR metric traditionally uses a baseline of 1 instead of 0. For the purposes of the script, I've...
INTRODUCTION This indicator is inspired from " HPotter’s TFS: Volume Oscillator " but I have used Heiken Ashi and Hull Moving Average in calculations in order to reduce noise for better trades. The concept is similar to that of On-Balance Volume indicator (OBV). It is calculated according to these rules: If Heiken Ashi Close > Heiken Ashi Open, Volume is...
This is my own original approach at a True Strength Index, it uniquely filters out all inputs to remove the noise normally found in a more traditional TSI Oscillator. My goal was to make my take on the TSI as similar to the original TSI as possible, while simply solving for its biggest weakness. A TSI is extremely noisy and overly reactive as is well documented...
Pluto Harmonics indicator represent the tropical zodiac energy forces that develop through the course of Pluto in the tropical zodiac wheel. The waves indicates the strength of cardinal energy (initiator) and this forces seems to correlate well with the most relevant pivot points. In Financial Astrology, Pluto rules the transformations, intense actions (no...
Neptune Harmonics indicator represent the tropical zodiac energy forces that develop through the course of Neptune in the tropical zodiac wheel. The waves indicates the strength of cardinal energy (initiator) and this forces seems to correlate well with the most relevant pivot points. In Financial Astrology, Neptune rules charity, confusion, imagination, waste,...
DIDI Index Oscillator with Zero-line cross signals, continuations, and Baseline filtering Indicator developed by Brazilian and analyst Odir Aguiar (Didi), consists of "Moving Averages", known for the famous needles Didi, which allows the visualization of reversal points. Features -Includes the following moving...