🎲 Overview 🎯 This BOS(Break Of Structure) indicator build based on different MA such as EMA/RMA/HMA, it's usually earlier than pivothigh() method when trend beginning, customer your BOS with 2 parameters now. 🎲 Indicator design logic 🎯 The logic is simple and code looks complex, I‘ll explain core logic but not code details. 1. use close-in EMA's...
HISTORY AND CREDITS––––––––––––––––––––––––––––––––––––––––––––––––––––––– The indicator is inspired by studies from Ned Davis' NDR Institutional Service. I have shared before the backtest of this indicator, and now have coded it for TradingView so that you can have it on your charts. WHAT IT DOES––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––...
The main idea of this oscillator is to place the OBV oscillator and its oscillation around the range of 0 and around -50 to +50 and for this scaling of the "On Balance Volume" oscillator, I have used Min-max normalization. Since this oscillator does not have a specific minimum and maximum, just setting the maximum and minimum does not seem the best thing to do. As...
Cuban's Range Positioning is the primary backbone of Cuban's Asset Screener and a fantastic standalone market screening tool. Range Positioning allows the trader to monitor the positioning of over 200+ Binance and Bybit Futures assets within a single window, with a standard measurement of performance, and also with custom watchlist support. The range...
Visualize the percentage of stocks in an index participating in trends and breakouts/breakdowns. The default data source is the S & P 500: the percent of stocks above/below the 200 and 50 day moving averages, and the percentage of stocks making new 52 week breakouts/breakdowns. You can pick new data sources in the settings. The blue band represents the...
What is it? This OBV is a replacement for previous scripts i have issued which produced a combined OBV for Bitcoin and ETH using multiple exchanges. When combined volume is selected, it will pick up volume across major crypto exchanges and use them together to produce a combined OBV. There is also the added functionality of enabling users to choose the...
What is Distribution Day? A distribution day is when a market representative index (for example, Nifty 50) loses more than 0.2 percent in a day, with volume higher than that of the previous session. When a distribution day occurs, it hints that big institutional investors are exiting or reducing their positions in the market. Institutional activity is what...
This indicator shows two signals to help gauge the health of the market. The first is where the price of the Nasdaq is in relation to a selectable moving average (default is the 21 ema) and the second is based on the number of net new highs and lows on the Nasdaq. Price vs MA Price is above a rising moving average = 🟢 Price below a falling moving average =...
This indicator combines NYSE TICK and RSI to aim to provide a view of NYSE market trend strength. What is TICK NYSE TICK, also known as the TICK index, is a technical analysis indicator that shows the number of stocks on the New York Stock Exchange (NYSE) that are trading on an uptick or a downtick in a particular period of time. The TICK index is calculated...
This indicator generates liquidation levels of over-leveraged traders and utilizes a variety of different tools to analyze data such as Open Interest and Volume to provide an edge in your trading system and help you with valuable market insights. The concept of this indicator is inspired by the platform Hyblock and their Liquidation Levels tool. The script...
The Caruso Market Dashboard (CM|DB) provides a snapshot of key US market data, market internals (breadth), and economic statistics. It displays real-time prices of seven major markets along with daily updates of the put/call ratio and multiple breadth measurements. Lastly, it displays the Federal Reserve’s balance sheet and 4-week change of assets held to help...
Check on balance volume but with crossover. You can choose the smoothing method, which is set by default to use the Volume Weighted Moving Average (bringing volume to the equation is always a good idea) but you can change to SMA, MA, EMA, ... Hope you guys enjoy it and don't forget to rate it up! :) I plan to include % from 0-100 OBV in here later! Stay tuned....
█ OVERVIEW Shows the NYSE Tick Index, as it is used by TheMas7er . This indicator has several customization options built-in that can be configured: • Positive and negative threshold levels with show/hide option and color selection. • Zero line with show/hide option and color selection. • Bar colors are fully customizable. • Symbol can be changed. Default...
Market Breath is the equilibrium between number of stocks in advance to those in a decline, in other words a method to determine the current market environment. In a positive phase bullish setups will have improved probabilities and presence, whereas in a bearish phase the opposite would be true. The primary indicator is the main tool used to identify whether...
Market Breath is the equilibrium between number of stocks in advance to those in a decline, in other words a method to determine the current market environment. In a positive phase bullish setups will have improved probabilities and presence, whereas in a bearish phase the opposite would be true. The primary indicator measure the trend in SPY and correlation...
This script is meant for stocks that have a pre-market session. It is meant to be used on the 1 min time frame. This script will draw a green line at the high of pre-market, and a red line at the low of pre-market and extend these lines across the regular session day This makes it easy to see if price action during regular market has broken above pre-market high...
This is a modified OBV indicator that creates an oscillator by smoothing the difference between the value of the OBV and a short moving average of the OBV. SMAs of the oscillator are also provided to study crosses and convergence/divergence. The indicator should mostly be used on common stock, but works on futures contracts with some tuning and a shorter timeframe.
Level 2 Background Handicap volume is a way to understand market logic. Function I have studied many classic trading textbooks about volume. Most textbooks tell me that the most authentic indicator in the world is the trading volume, because other things can be faked, but the trading volume is real, and the real money is there, so it cannot be faked! But now,...