I found this useful tool among the indicators but it wasn't doing the correlation study correctly. Everything in markets, with only a few exceptions, are rising in value over time and therefore trended to time. The simplest method I found is to use link relative or first difference detrending, before calculating a correlation between assets. I also updated it to...
The help's to understand volume trend with respect to price. It also show's the average volume. Volume unit are in Million's
Colors background green if AMEX:SPY 1 day performance is positive Colors background red if AMEX:SPY 1 day performance is negative
Colors background green if AMEX:SPY 1 day performance is positive Colors background red if AMEX:SPY 1 day performance is negative
Colors background green if AMEX:SPY 1 day performance is positive Colors background red if AMEX:SPY 1 day performance is negative
This master indicator is a collection of multiple useful indicators, which only requires one indicator slot in TradingView. In this collection you will find the following 15 indicators: Bollinger Bands (three different types: Fibonacci, Standard, Improved) Gaps Checker Large Candles Checker SPY Checker Lite Volume Checker Pro Moving Averages (up to...
// in a up or down trend. // For SPX or SPY ONLY, Time Frame = Monthly, weekly or daily // Created by Algokid 7/23/2014 // Toronto, Canada
This indicator helps to see the SPY trendline in all stock charts without opening the SPY chart explicitly. Hope this helps many of you to be more efficient in your chart analysis - have fun!
This is a great way to see if the market is over bought or oversold and you can draw the trendline to see breakouts and use it to see divergence.
This indicator is based on Volatility and Market Sentiment. When volatility is high, and market sentiment is positive, the indicator is in a low or 'buy state'. When volatility is low and market sentiment is poor, the indicator is high. The indicator uses the VIX as it's volatility input. The indicator uses the spread between the Call Volume on SPX/SPY and the...
An update to: Made it into and indicator. v. 0.0.1 DESIGNED FOR DAILY CHARTS
Introduction This indicator was created in V3 Pinescript and all projections will be displayed in real-time for active trading use. This indicator has been designed so that it can be used across a range of securities such as equities, bonds, FX and cryptocurrencies. All time-stamps are supported. Comment and Like to try it out! Understanding the Extreme...
The idea for this started here: www.tradingview.com with the user @dime This should only be used on SPX or SPY (though you could use it on other things for correlation I suppose) given that the instrument used to create this calculation is derived from the S&P 500 (thank you VIX). There's a lot of moving parts here though, so allow me to explain... First: The...
Works best as an intraday indicator Background black & line green = Long VIX Background black & red line = No trade Background orange & line green = Consider selling Background orange & line red = Short VIX
I updated this version used for Forex with Stock&Index related instruments. Enjoy.
Shows the trend direction for the S&P500 Показывает направление тренда для S&P500
Indicator utilizing a flexible renko (and other indicators assembled in a proprietary way) to "soften" the turbulence. A down-turn in renko combined with a red color signals a sell. An up-turn in renko combined with an aqua color signals a buy. Manually backtested: SPY, JNK, from May 2015 to present: 40%, 24% respectively. Can be used for day-trading or position...