This educational script contains different examples regarding lines , linefill , labels & boxes First part shows the use of array.new() without first retrieving line.new() which then are put in a linefill.new() At every start of the week a linefill.new() is added with the top line being previous Weekly high , and the bottom line being previous ...
Updated script for jlb05013's original Fed Net Liquidity Indicator. TradingView was bringing in the FRED data in different units than they used to. This code fixes it. This indicator aims to present a "Net Liquidity" indicator comprised of the Fed Balance sheet , less the TGA account and Overnight Reverse REPO agreements. Net Liquidity = Fed Balance Sheet - (...
This indicator highlights zones with strong, weak and negative correlation. Unlike standard coefficient indicator it will help to filter out noise when analyzing dependencies between two assets. With default input setting Correlation_Threshold=0.5: - Zones with correlation above 0.5, will be colored in green (strong correlation) - Zones with correlation from -0.5...
This script will remind you of a potential swing failure pattern (which is a grab for liquidity to go the other direction). You can't use this script on its own, hence the eyes to look for confluences ;-) Eyes will appear when the current high/low takes out the high/low of the last (by default) 100 highs/lows and will close below/above that last high/low. Extra...
This is a non-parametric correlation statistical test, which is less sensitive to magnitude and more to direction, hence why some people call this a "concordance test". This indicator was originally created by Alex Orekhov (everget), if you like this one, please show the original author some love: This version is extended by tartigradia (2022) to make it more...
Description: ALMA with background highlighting, source selection and entry/sell signals depending on price positioning relatively to the ALMA. There are two options: use price at close, or both open and close. When Open & Close is used, both open and close need to be above or below ALMA to highlight, the signal is less noisy but can be more laggy. This is a...
Direction Movement Indicator (DMI) is a trend indicator invented by Welles Wilder, who also authored RSI. DMI+ and DMI- respectively indicate pressure towards bullish or bearish trends. ADX is the average directional movement, which indicates whether the market is currently trending (high values above 25) or ranging (below 20) or undecided (between 20 and...
Williams VixFix is a realized volatility indicator developed by Larry Williams, and can help in finding market bottoms. Indeed, as Williams describe in his paper, markets tend to find the lowest prices during times of highest volatility, which usually accompany times of highest fear. The VixFix is calculated as how much the current low price statistically deviates...
From getting several requests to combine many of my indicators into one, this indicator plots everything you need for a Daily Profile. 1. Session = Current session + Daily dividers + day of the week 2. Open Lines = Plot the open of the day, midnight, week and month 3. Asian Range = Plots the asian range with an option for midpoint and extending lines 4. Previous...
Will automatically print all the candle pattern on the time range set, and move it to the right side for easy learning and simulation
*Up/Down Volume Indicator This indicator plots the 15m volume (black line) on the 1m chart alongside the sum of 1m volume for 15m (blue line). This indicator allows us to see the raw data that will generate the 15m volume before it occurs. Next it seperates up period volume (green line) from down period volume (red line) so that we can see how much of each...
OMAR marks the High and Low range of the opening candle (1min is recommended default for trading this) based on the current time frame in current session. Additionally it marks recommended 1x and 2x extensions of the ranges for taking profit that may also be adjusted as needed.
The most basic of trend indicators is the price change over some period of time. Rate of change is the most common indicator to use which calculates the current price minus the price n bars back. I've written this indicator to solve several problems the default value of ROC. 1. We're interested in the magnitude or strength of the slope of change. 2. We need a...
Chef momentum is a simple stochastic indicator that uses the hull moving average (hma). The oscillator can be used like most oscillators available. Default setting: %K length: 25 %K smoothing: 100 The user can adapt the parameters to study other values. how to use : When the length of the stoch K crossover hline 25 , a green circle appears which indicates...
This will show candle pattern in separate window to maintain candle pattern and candle's shape consistently (as in big trading range, candle is much smaller and in small trading range, candle is much bigger) There are 4 parameters: - Bull color and bear color - clear enough - Candle Time Range - you can input time range you desire (remember you need to set the...
Plot three linear regression channels using alexgrover 's Computing The Linear Regression Using The WMA And SMA indicator for the linear regression calculations. Settings Length : Number of inputs to be used Source : Source input of the indicator Midline Colour : The colour of the midline Channel One, Two, and Three Multiplicative Factor :...
// ENGLISH The problem of the wonderfuls Nadaraya-Watson indicators is that they repainting, @jdehorty made an aproximation of the Nadaraya-Watson Estimator using raational Quadratic Kernel so i used this indicator as inspiration i just added the Upper and lower band using ATR with this we get an aproximation of Nadaraya-Watson Envelope without repainting ...
THIS INDICATOR ONLY WORKS FOR SP:SPX CHART This code will help you to measure the expected movement of SP:SPX in a previously selected timeframe based on the current value of VIX index E.g. if the current value of VIX is 30 we calculate first the expected move of the next 12 months. If you selected the Daily timeframe it will calculate the expected move...