This script shows the Advance Decline Line of the NYSE (dark blue)in comparison to the SPX (light blue). There is also a difference line of the two series (red). Both are indexed to current values to allow a better overview. Series can be smoothed via the length of the Moving Average. I consider it more of a work in progress. I work on a more inuitive kind of presentation.
"This is an experimental study designed to filter out minor price action for a clearer view of trends. Inspired by the QQE's volatility filter, this filter applies the process directly to price rather than to a smoothed RSI . First, a smooth average price range is calculated for the basis of the filter and multiplied by a specified amount. Next, the filter is...
MULTIPLE TIME FRAME version of KIVANÇ HL Indicator: Kıvanç HL indicator is a useful tool to define RESISTANCE and SUPPORT levels by analyzing previous HIGH and LOW levels od fibonacci lengths. There are 3 lines HIGH, LOW and their exact average MID line. Each line could be a significant support and resistance level due to the price action. Breakouts are very...
Many people are watching opening price on each time axis. Opening price is very important. This indicator displays OHLC Open as a line in multiple time frame. If open is close to high or low, the color of the line changes. The fact that they are close means the strength of the market flow and the firmness of that price range. Note: The color of the line will...
Balance of Power indicator - Useful tool for finding great Timing upon Entering Postions and Existing Postions, Also Useful for finding Normal and Hidden Divergences
Description and documentation can be found within the script.
This is an experimental study designed to filter out minor price action for a clearer view of trends. Inspired by the QQE's volatility filter, this filter applies the process directly to price rather than to a smoothed RSI. First, a smooth average price range is calculated for the basis of the filter and multiplied by a specified amount. Next, the filter is...
This indicator was originally described by Joseph E. Granville in his book "Granville's New Key To Stock Market Profits" (1963).
Description and documentation can be found within the script.
Conceptual indicator based on trying to find an inverse correlation between bitcoin and traditional markets due to bitcoin's usefulness as a hedge against economic downturns. How to use this script: you look at it and see if there is a correlation or not between bitcoin/Ethereum price and either U.S. stock CVi, buy volume, sell volume, calls, puts, or the call/put ratio.
this is a simple volume indicator, shows volume sizes with color differences on histogram (total volume, neutral volume and effective volume) bar length = total volume, gray bar= neutral volume, green bar= pozitive volume, red bar= negative volume variable value; The bar's average will be calculated until the given value. by default is average not calculated
Sorry for the Google Translate English Indicator for signals of call and put, using Bollinger bands (period 20, standard deviation 2.5), market trend of (sma, períod 100) and stochastic (period 20, %D 3). I was overthrown but in pine scrip, the function "stoch()" no way to smooth (3). If anyone knows how to smooth inside the script, help me! Please. With...
Indicator of the position growth rate in long and short. Schedule of positions long and short is taken from the stock exchange Bitfinex. The total number of long and short positions shows the total activity of traders and indirectly the total volume of transactions. On the chart of the indicator it is a blue line. Since we do not study the absolute values of...
On Balance Volume (OBV) Oscillator with Bollinger Bands (BB). Inspired by @LazyBear OBV Oscillator (link below) Added BB to the oscillator and colored the OBV line yellow when it's outside the bands' limits, useful for finding over-extended zones where price reversals have higher probability of happening. BB bands can be deactivated and the oscillator can be...
Enhanced On Balance Volume "On-balance volume (OBV) is a momentum indicator that uses volume flow to predict changes in stock price. Joseph Granville first developed the OBV metric in the 1960s. He believed that when volume increases sharply without a significant change in the stock's price, the price will eventually jump upward, and vice versa." The On...
Highlights which S&P SPDR Sector ETFs are at highs of day (green letter) or lows of day (red letter) The first candle of the day is always all-green because by default the first candle of the day has the high of the day. So this indicator is more meaningful later in the day when sectors are making repeated highs/lows
The indicator is in the top left of the screen! That's all there is, by design. This is a super simple indicator that allows you to see what the real price of a candle was when using Heikin Ashi charts, while not cluttering up your screen. HA charts are a great way to help those who can be spooked by the chaos of the markets (I'm one!), but they have a big...