Time based indicator attempting to show changes in a cycle based on the different time elapsed between new highs and new lows in a given time period. Useful when combined with elliott wave price structure. A drop above/below 0 suggests a wave 4 whilst new highs/lows of the indicator suggest whether a bullish or bearish trend is in place. You can change the time...
In this script I use a simple, not necessarily profitable, strategy of a cross of MAs to teach how to calculate and plot the PnL of each trade made by the indicator. I also show how to calculate the cumulative PnL of all trades and the Buy and Hold of the same period. These calculations which are natively available in any strategy script, require a bit of...
This is a modified Ichimoku Cloud: -The default Lookback-Length and Displacement settings have been modified to operate optimally on 24/7 markets - which is popular among Crypto analysts. -The Lagging Span, Base Line, and Conversion Line have been removed - leaving just the bare cloud. -Additionally, the Cloud's color will shift blue when it is compressed....
Work in progress! I like using the TDI, but getting more interested in the confluence of when several timeframes all turn bullish or bearish , etc. However I actually could use some help getting the MTF / request.security working properly. Currently the idea is to be able to switch between the current timeframe, and at this point 2 other timeframes. Change the...
This is very simple trading setup to win the trade: Best time frame for Trade: 15m & 30 m If You want to trade for positional take 1 Hr Time Frame Conditions: * 1st candle (9:15am: NSE) opening price should be below 50L or 50C or 50H. * When any candle closed above 50H, just take trade High of the this candle * SL is 50L. * RSI should be above 55
This Stoch RSI has a 50 line to help determine if the momentum is going up or down. Under 50, down and above 50 is up.
Shows Asia, London and Newyork Sessions by excluding lunch breaks.
This indicator is used as MACRO tool to view the outlook of BTC on the 1W time frame to illustrate (BLX chart works best) BTC's price action and where it's at, it helps provide an indication of the crypto market's current health as BTC health is an overall indicator in the crypto market as a whole. This indicator uses historic data to fit between 4 bands fitted...
Utilizing ATR and William %R to get buy and sell signals
This is a simple indicator combining both Pivot Point SuperTrend and Madrid Moving Average Ribbon . I also added some alerts when: - Madrid Moving Average are all green (buy) and red (sell) lines. - Madrid Moving Average MA05 and MA100 crossover (buy) and crossunder (sell) Aside from this, all are unchanged for both indicators. Idea: BUY - If...
Hello All, This is an experimental work to show 10 moving averages in 3D by using linefill.new() feature of the Pine language. You can set moving average type as Simple (SMA) or Exponential (EMA) You can set "Starting Length" and set the "Step" to calculate other lengths. For example; if "Starting Length" is 10 and "step" is 5 then the lengths are 10, 15, 20,...
Modification from original code for "High Low Index" by © LonesomeTheBlue - Made modification specifically for Top 40 AMEX:SPY holdings - Added Market sentiment histogram (Total count green vs red), and SMA line for it - Added arrows for peaks and dips on High Low Index and Market Sentiment MA Idea behind this indicator is that SPY should...
VARS uses a stock's ALPHA in comparison to the SPX to determine whether there is RS on an volatility adjusted basis.
Hi friends this is Cpr indicator which means central pivot range. it contains supports and resistances to take perfect entry.
Simple alert for 20MA cross. We can set any ma period. it plots the crossing candle. This script is purely testing purpose.
PRASHANT SHAH is one of India’s leading practitioners of one dimensional charts. He has worked for a number of years with various financial firms, using technical analysis and noiseless charts in particular. His first book on point and figure charts was a huge success. He appears on business channels and writes regular blogs and columns. He also conducts live...