Enhanced Cumulative Volume Delta (eCVD) Technical Guide Introduction The Enhanced Cumulative Volume Delta (eCVD) is a technical indicator in trading that measures the cumulative difference between buying and selling volume over a user-defined period. It helps in understanding market sentiment by showing whether buyers or sellers dominate. Calculation ...
MTF RSI Indicator - User Guide Introduction: The MTF RSI (Multi-Timeframe Relative Strength Index) Pine Script is designed to provide traders with a comprehensive view of the RSI (Relative Strength Index) across multiple timeframes. The script includes a primary chart displaying RSI values and a dashboard summarizing RSI trends for different time...
ZenTrend attempts to plot the cycles that occur as the price cycles between the top and bottom of long- and short-term price linear regression channels. The indicator observes a fast (35-period) and a slow (100-period) linear regression channel and plots their slopes on an oscillator. When the slope of the fast channel crosses above or below the slope of the slow...
Hi all, Hereby a script that calculated the ATH that is corrected by the global money supply. It shows that regular ATH (based on high daily candles) as well as the ATH that is adjusted by the global money supply index. The global money supply index is calculated using the money supply on the first bar and this is then used as the reference point for the money...
P/S ratio = Crypto Asset Market Capitalization / Annual Sales Revenue The indicator divides the Market Capitalization by the total annual ETH fees from Glassnode. How to read it: A low P/S ratio means that the crypto price is undervalued relative to the fees that are generated, while a high P/S ratio signifies that the price is overvalued.
I enjoy Donchian Channels for identifying trends. However, I hate having them on my chart. They are next to impossible to interpret at a glance. This script converts DCs to a % making a useful oscillator. The horizontal lines on the chart correspond to the Fib retracements below 50%. There are many ways to trade using this script and it works on any time...
A less conventional way of utilizing the "Williams Alligator," the Optimized Rate uses the rate of change of the averages within the Alligator in order to potentially forecast with greater accuracy. The true optimization comes from the calculation of the "McGinley Dynamic" to create zero lag smoothed moving averages. It's important to note the standard Alligator...
🚀 Presenting the Enhanced Ehlers Combo Strategy 🚀 Hello Traders! 👋 I'm thrilled to share the latest version of the Ehlers Combo Strategy v2.0. This powerful algorithm combines Ehlers Elegant Oscillator, Decycler, Instantaneous Trendline, Spearman Rank, and introduces the Signal to Noise Ratio for even more precise trading signals. 📊 Strategy Highlights:...
Overview: The Bullish Candle Highlighter is a comprehensive and user-friendly TradingView indicator designed to assist traders in identifying individual bullish candles, facilitating the recognition of potential bullish trends and reversal patterns. This tool is meticulously crafted to enhance the precision of your technical analysis, making it an essential...
This indicator is designed to test the smallest swing draw using the swing capture concept of the Pivot Points High Low indicator, setting the length to 1 for all periods, and combining it with price action that I think makes sense. Example of a valid swing high. Example of a valid swing low.
This Pine Script indicator is designed to identify and visually represent inside bars or candles. Here's a breakdown of its features and functionality: 1. Inputs: insideCandlesColor: Color of the inside bars or candles. highColor: Color of the horizontal line representing the high of the inside bar. lowColor: Color of the horizontal line representing the...
** THIS IS ONLY FOR US STOCK MARKET** The indicator analyzes market sentiment by computing the Rate of Change (ROC) for the VIX and S&P 500, visualizing the data as histograms with conditional coloring. It measures the correlation between the VIX, the specific stock, and the S&P 500, displaying the results on the chart. The reliability measure combines these...
Description: The Liquidity Weighted Moving Averages by AlgoAlpha is a unique approach to identifying underlying trends in the market by looking at candle bars with the highest level of liquidity. This script offers a modified version of the classical MA crossover indicator that aims to be less noisy by using liquidity to determine the true fair value of price and...
Description: Consolidation is a technical analysis term used to describe a assets's price movement within a given support and resistance range for a period of time. Consolidations happen either during trending market phases or before a new trend. Consolidation is generally interpreted as market indecisiveness and uncertainty as to which way the market will go...
HOLP (High of the low period) and LOHP (Low of the high period) Catching Trend Reversals by shorting tops and buying bottoms using this Swing High/Low Indicator Trading Strategy comes from Mastering the Trade, by John Carter pg 300. Trading Rules for Sells, Buys are reversed 1. Identifying a trending market, where today's price is making a 20-day high (17-18 day...
Hi Traders ! What is the Z score: The Z score measures a values variability factor from the mean, this value is denoted by z and is interpreted as the number of standard deviations from the mean. The Z score is often applied to the normal distribution to “standardize” the values; this makes comparison of normally distributed random variables with different...
Title: Enhanced EMA Breakout Strategy for Buy and Sell Signals Description: This script is an enhanced version of the traditional EMA (Exponential Moving Average) Breakout strategy, designed to provide clear buy and sell signals on price charts. The strategy revolves around a 5-period EMA, which helps traders identify potential breakout points in the market. How...
Transaction value to transaction fee: The Bitcoin network's efficiency, usability and volume scalability has been improving over time and this can be measured by dividing the average transaction volume by the transaction fee. The indicator give us: Price to volume per $1 fee = BTC price / (avg tx value / avg tx fee) A low ratio of "Price to volume per $1 fee"...