Displays NYSE advancing stocks - NYSE declining stocks as histogram. Part of market internals dashboard, so make sure to check the other indicators as well.
My friends, this is a very simple script, but it has some work to function the way it currently does. Basically it prints the HIGH and LOW from previous day into the current day. This forms like a channel. It's useful to visually detect when the price cross over the yesterday's high, or close under yesterday's low. You can activate/deactivate colors as input...
Hello traders Today is a Pinescript hack to display multiple colors in one label. I used that panel to show the Supertrend Long Term values (weekly, monthly, quarterly, yearly) What is a Supertrend? Definition : SuperTrend is an indicator that works on all timeframes and all instruments (stocks, futures, forex, ...). It is a great tool to follow market...
The Price Relative indicator compares the performance of one security to another with a ratio chart. This indicator is also known as the Relative Strength indicator or Relative Strength Comparative. Often, the Price Relative indicator is used to compare the performance of a stock against a benchmark index, S&P 500, BIST:XU100 etc. Chartists can also use the...
This script allows you to highlight the HXROBot backtest interval with the possibility of fragmenting the view to better identify the key areas of your strategy
Helper script to draw patterns on chart.
Helper script to display patterns on chart.
Helper script to display patterns on chart.
Plot difference between max and min of the period. A definition of what a thin market is.
LEAN = Difference between %K and %D values of stochastic Change in LEAN is plotted over the bar as a "Circle" RED Circle => LEAN is decreased from previous value GREEN Circle => LEAN is increased from previous value Value of LEAN can be viewed at data window.
EXPERIMENTAL: Half way murrey's lines, gann square inspired auto drawn channel.
The On Balance Volume indicator (OBV) is used to measure buying and selling pressure. It is a cumulative indicator meaning that on days where price went up, that day's volume is added to the cumulative OBV total. If price went down, then that day's volume is subtracted from the OBV total. The OBV value is then plotted as a line for easy interpretation. OBV ...
I'm testing a simple but useful indicator that plots the high and low for the current week. The time-frame can be selected by the user. It's useful when you're trading in a smaller time-frame (example: 1H or 4H) to know exactly the weekly low and high, and whether the price breaks above or below this price lines. This indicator allows you: - To select the...
EXPERIMENTAL: A helper script to map the Anti derivative slopes.
Looking for the way to use OBV Oscillator in a strategy. Here is my first try. I just enter to position of a cross of 2 emas based on OBV. Here is my original oscillator indicator:
Created an oscillator from OBV - On Balance Volume. This way I think it is more responsive. I just took OBV over a period and divided it by the total volume for the same period. So now it's an oscillator from -1 to 1. You can also add EMA to this script. Any feedback will be appreciated.
ATR Trailing Stoploss Buy=crossover(close,TS) Sell=crossunder(close,TS)