Description: The BTC - Power Law Oscillator is a technical analysis tool designed to help traders and investors identify potential overbought and oversold conditions in the Bitcoin market. This oscillator is based on a power law model that approximates Bitcoin's historical price trajectory, providing a framework for understanding deviations from this trajectory...
Entropy in Technical Analysis Using TradingView Slide 1: Title Entropy in Technical Analysis Using TradingView Introduction to the concept of entropy Application in technical analysis Understanding the use of entropy as a market indicator Slide 2: What is Entropy? Definition and Origins: Entropy originates from thermodynamics and information theory. In...
"Forex Macro Metrics " is a powerful tool for analyzing macroeconomic metrics, designed to help traders make more informed decisions in the forex market. This indicator displays key economic indicators such as interest rates, money supply (M1 and M2), unemployment rate, and government debt for various currencies and their pairs, allowing users to assess the...
The Prometheus Volatility Stop is an indicator designed to give you a moving risk metric along with a custom Moving Average cross. After a calculation of the annualized volatility for the specified lookback period we determine bullish or bearish from the moving averages and plot the Volatility Stop accordingly. User Input: A user can select from Hull Moving...
This indicator is designed to replace the US Recessions indicator. Unfortunately, the original indicator is now broken, and the author is not responding: www.tradingview.com There are other similar indicators, but they are not based on live data and either show non-officially recognized recessions or fail to display all officially recognized recessions. This...
Hi folks, This is just a visual help which displays light shaded blocks on the chart to show you when the Stock/Forex market are open and their overlaps for optimal trading. The market open and close times are entered for each. The default timezone is GMT-4, but you can change it to your own timezone and the shaded blocks will be adjusted accordingly. As a...
Pine Script in TradingView to identify price action related to institutional hedging can be challenging because it's based on identifying patterns or unusual market behavior. However, certain indicators such as volume spikes, large moves in options markets, or unusual price movements in indices can help provide insights into potential institutional hedging...
Sector Performance Dashboard v0.3 (Work In Progress) - Provides a comprehensive view of sector and stock performance across multiple timeframes Features: - Displays performance data for various Indian market sectors and their constituent stocks - Allows selection of different sector groups (e.g., NIFTY, BANKNIFTY, CNXAUTO, etc.) - Shows performance over...
This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) creativecommons.org // © StratifyTrade - formerly know as HunterAlgos //@version=5 indicator("Price Action Concepts ", shorttitle = "Price Action Concepts ", overlay = true, max_lines_count = 500, max_labels_count = 500, max_boxes_count = 500, max_bars_back =...
Sure! Here’s a divergence indicator code written in Pine Script v5 for TradingView: pinescript Copy code //@version=5 indicator("Divergence Indicator", shorttitle="DI", overlay=true) // RSI settings rsiLength = input(14, title="RSI Length") rsiSource = input(close, title="RSI Source") rsiValue = ta.rsi(rsiSource, rsiLength) // Variables for divergence...
//@version=5 indicator(title="Choppiness Index", shorttitle="CHOP", format=format.price, precision=2, timeframe="", timeframe_gaps=true) // Input parameters length = input.int(14, minval=1) offset = input.int(0, "Offset", minval=-500, maxval=500) // Calculate Choppiness Index ci = 100 * math.log10(math.sum(ta.atr(1), length) / (ta.highest(length) -...
Big Volumes Highlighter Overview: The "Big Volume Highlighter" is a powerful tool designed to help traders quickly identify candles with the highest trading volume over a specified period. This indicator not only highlights the most significant volume candles but also color-codes them based on the candle's direction—green for bullish (close > open) and red...
Buy and Sell Signals: Buy signals are triggered when the Renko direction is up, and sell signals when the direction is down. Optional trend confirmation using a moving average is included. Stoploss Logic: For each buy signal, the stoploss is set just below the current brick level. For each sell signal, the stoploss is set just above the current brick level. If...
Overall Logic : The script is designed to help traders visualize and analyze price movements on the chart, where each 1% movement is highlighted with a corresponding symbol. Additionally, the table helps track and analyze the number and length of consecutive price movements in one direction, which can be useful for identifying trends and understanding market...
Percentage Change Indicator This indicator calculates and displays the percentage change between the current close price and the previous close price. It provides a clear visual representation of price movements, helping traders quickly identify significant changes in the market. ## Formula The percentage change is calculated using the following...
Overview The "Moving Average Ratio" (MAR) indicator is a versatile tool designed for valuation, mean-reversion, and long-term trend analysis. This indicator provides multiple display modes to cater to different analytical needs, allowing traders and investors to gain deeper insights into the market dynamics. Features 1. Moving Average Ratio (MAR): ...
Description: The BTC Hash Rate to Price Ratio indicator is a sophisticated tool designed to assist traders in identifying potential market turning points for Bitcoin by combining network health, market sentiment, and valuation metrics. This indicator integrates three key components—Hash Rate, RSI (Relative Strength Index), and MVRV (Market Value to Realized...
Description: The Revenue Grid indicator helps traders and investors visualize a stock’s valuation by plotting horizontal lines based on its price-to-sales (P/S) ratio. This tool displays how the stock price compares to multiples of its total revenue per share, giving a clear perspective on valuation benchmarks. Fundamental Concept: The price-to-sales ratio...