Daye's Quarterly Theory Indicator Description The Daye's Quarterly Theory Indicator divides trading time into smaller units to help traders identify potential accumulation, manipulation, distribution, and reversal/continuation phases within a day. It applies these time divisions to your charts, offering visual guidance aligned with ICT's PO3 concept: Accumulation...
The "Complex WMA Indicator with Trend Transitions" is a technical analysis tool designed to help traders identify and visualize market trends using three Weighted Moving Averages (WMAs) of varying lengths. The primary purpose of this indicator is to provide a clearer and more nuanced view of market trends by highlighting bullish and bearish phases and filtering...
This is a super simple script, not intended to be used as a standalone script . This script contains a custom function that can convert an equity symbol into a future contract symbol. You can embed this in your script if, for some reason, you want to convert your equity symbols into future contracts. Note: This script is created especially for Indian...
Hi all! This indicator plots trendlines. These lines are not plotted as traditional lines, but are instead zones. This is useful if you think that trend lines are more of an area of importance than a line. It does so by finding pivots and connecting two of them if they have not been broken (more about that later) in-between the pivots. These trend zones can be...
Support and resistance are fundamental concepts in technical analysis used to identify price levels on charts that act as barriers, preventing the price of an asset from getting pushed in a certain direction. Here’s a detailed description of each and how breakout strategies are typically used: Support Support is a price level where a downtrend can be expected to...
### EMA Trend Arrows Indicator **Description:** The "EMA Trend Arrows Indicator" is designed to help traders identify bullish and bearish trends based on the Exponential Moving Average (EMA). This indicator plots arrows and lines on the chart, signaling potential trend changes, making it easier for users to spot entry and exit points in their...
The Pivot Web is a prototype with its base derived from TradingView's standard pivot point indicator plus inspiration from LuxAlgo's trendline work alongside my own observations/experiences. The theory is that there's legitimacy, from a technical standpoint, pivot point calculations are an adequate gauge of momentum and sentiment because the same math was used...
The script presents earnings and revenues in a tabular format. Particularly, it calculates percentage changes. Earnings data can be found in TradingView Financials. However, percentage changes are not provided. Can TradingView implement this in the future? Displaying earnings table on the chart has its benefits. No additional clicks required to access the data....
If you have interacted with Pine for some time, you probably noticed that if you are using DWM resolutions, you will not be able to obtain complete data from the extended intraday ticker using the usual functions request.security() and request.security_lower_tf(). This is quite logical if you understand the principle of mapping data from the secure context to the...
This TradingView indicator is designed to help traders visualize potential trade entries along with their corresponding stop-loss (SL) and take-profit (TP) levels. It offers a high degree of customization, allowing users to: Choose Entry Type: Select whether the anticipated trade is a Long or Short position. Set Entry Price: Specify the exact price level at...
The "Median Moving Average" (MMA) It allows users to select from two moving average lengths—short and long—and plots the median moving average, which is the midpoint between these two averages. Colored green for upward trends and red for downward trends, enhancing visual analysis. Additionally, users can choose from a range of moving average types including...
█ OVERVIEW This indicator calculates the Sharpe and Sortino ratios using a chart symbol's periodic price returns, offering insights into the symbol's risk-adjusted performance. It features the option to calculate these ratios by comparing the periodic returns to a fixed annual rate of return or the returns from another selected symbol's context. █ ...
Description: The Color Hull Moving Average (CHMA) is a technical indicator designed to smooth and remove lag from traditional moving averages, making it more responsive to price movements. This indicator automatically adjusts the color of the moving average to green when it is rising and red when it is falling, helping to identify trends in a more visual and...
Historical Volatility with Adjustable Time Period and Moving Average This indicator calculates the historical volatility of an asset within a user-defined date range. Volatility is a measure of the dispersion of returns and is commonly used to assess the risk and potential price fluctuations of an asset. How It Works User-Defined Date Range: You can specify the...
Candlestick Pattern Detector Overview Welcome to the Candlestick Pattern Detector, a powerful tool designed to help traders identify key candlestick patterns on any chart. This indicator detects some of the most significant candlestick patterns and provides brief descriptions directly on the chart, making it easier for you to interpret market signals and make...
Overview: This script combines multiple indicators to provide a comprehensive analysis of both trend strength and trend momentum. It is tailored specifically for pairs trading strategies but can also be used for other trading strategies. Benefit of Comprehensive Analysis: Having an indicator that evaluates both trend strength and trend momentum is crucial for...
█ OVERVIEW This script, inspired by Perry Kaufman's article "Trading Opening Gaps and Extreme Closes in Stocks" from the TASC's July 2024 edition of Traders' Tips , provides analytical insights into stock price behaviors following significant price moves. The information about the frequency, pullbacks, and closing patterns of these extreme price movements can...