█ Overview The Gap Statistics (Zeiierman) indicator is crafted to monitor, analyze, and visually present price gaps on a trading chart. Price gaps are areas on a chart where the price jumps up or down from the previous close to the next open, creating a "gap" in the normal price pattern. This script delivers an extensive range of statistics related to these...
The given Pine Script is designed to implement the Capital Asset Pricing Model (CAPM) to calculate the expected return for a specified asset over various user-defined periods and compare it with the asset's historical mean return. The core features and functionalities of the script include: Inputs: Benchmark Symbol: Defaulted to "CRYPTOCAP:TOTAL". This serves as...
The indicator measures and plots the average beta of the defined periods of the selected asset, benchmarked with TOTAL.
Hello! This Script “Bull vs Bear Visible Range VP” Calculates Bull & Bear Volume Profiles for the Visible Range Alongside a Delta Ladder for the Visible Period! Features Volume Profile Anchored to Visible Range Delta Ladder Anchored to Visible Range Bull vs Bear Profiles! Standard Poc and Value Area Lines, in Addition to Separated POCs and Value Area...
The SuperTrend Polyfactor Oscillator is an oscillator based on the popular SuperTrend indicator that aims to highlight information returned by a collection of SuperTrends with varying factors inputs. A general consensus is calculated from all this information, returning an indication of the current market sentiment. 🔶 USAGE Multiple elements are...
This Spongebob indicator is an experiment with the newly released polyline drawing features in Pine Script. As someone that enjoys a challenge, I thought of a complex subject to draw with polylines, and Spongebob was one of the first things that came to mind due to his wavy body shape. Although, other features like the shoulders, shoes, and hands proved to be much...
Introducing the "SML Suite" Indicator The "SML Suite" is a powerful and easy-to-use trading indicator designed to help traders make informed decisions in the world of financial markets. Whether you're a seasoned trader or a novice, this indicator is your trusty sidekick for evaluating market trends. Key Features: Three Moving Averages: The indicator...
Hello! This script "Zig Zag Open Interest Footprint" calculates open interest x price values for zig zag trends! Features Open interest footprints anchored to zig zag trends Summed OI x price level footprints Total OI (for each category) for the entire trend shown Standard POC lines, in addition to separated POC lines for each category of open interest x...
█ Overview The Volatility Trend (Zeiierman) is an indicator designed to help traders identify and analyze market trends based on price volatility. By calculating a dynamic trend line and volatility-adjusted bands, the indicator provides visual cues to understand the current market direction, potential reversal points and volatility. █ How It Works The...
This is a personal portfolio tracker that helps you track your daily profits and losses. You can track up to 64 stocks or cryptocurrencies. You can set them by specifying the symbol and average price. FEATURES - Set up to 64 stock or crypto symbols. - Shows the average price line - Show profit or loss as a percentage - Shows only when on the chart that matches...
The Sahm Recession Indicator devised by Economist Claudia Sahm is a rather insightful tool that captures the onset of recessions by utilizing unemployment data, which can provide more real-time insights compared to quarterly GDP reports. If the three-month simple moving average (SMA) of the unemployment rate exceeds the minimum unemployment rate of the previous...
"HTF - Candles with polylines" draws the previous Higher TimeFrame candles with the new feature polylines . 🔶 USAGE This publication makes it possible to see Higher Time Frame (HTF) candles on current chart, so you can see the bigger picture without switching to a HTF The current HTF is represented with a dashed-line box, covering the recent HTF open &...
Description: This strategy uses only two simple moving averages, specifically the 50 SMA and the 100 SMA. Simple moving average : A simple moving average (SMA) calculates the average of a selected range of prices, usually closing prices, by the number of periods in that range. Here's how it works: Background color: The chart background is colored green...
Note: To use this code, you must choose Hollow candle This code color the candle based the relationship current volume to previous volume, according these features: 1- White candle when the current volume greater than the previous one, and all of them greater than moving average for 20 periods of volume 2- Green candle color when the current volume greater than...
Shows two consecutive weekly Bitcoin drops of X% both indicating capitulation which may be relevant to crypto markets, risk-on/risk-off and possibly tech markets. Suggested usage: set the drop % and apply to weekly charts. Can be used on any chart, not just Bitcoin, but calculates indicator specifically for Bitcoin pricing. Can be used for entertainment or...
**Triple EMA By Ozy** The "Triple EMA By Ozy" is a visual indicator that offers traders a clear and concise view of three exponential moving averages (EMAs) at a glance. This tool combines three common EMAs (20, 50, and 200) and additionally calculates and displays the slope angle of each EMA, allowing for a more precise identification of the current trend's...
Useful on pine scripts which need to identify the start of the previous trading day i.e. from the perspective of today's date - not the previous day on each bar calculation. Works on any timeframe - which is the whole point as on a daily chart you can simply do time .
In the chart photo is a description for each shape and letter, saying what each one is. BB, Reversals are off by default. BB + Reversals + Next bar confirmation - The way this should be used is by waiting for a 1 or 2 bar confirmation closed above/below the high/low of the Reversal candle. So if its a Top R, a yellow box will print as a confirmed 1 bar if it...