This is the same as my background up/down except it displays a column to show if the stock is above or below the previous day close.
When looking at numerous charts, you can instantly see if they are up or down for the day. For me, I like to be going long on the stocks that are already moving up and short on the ones that are moving down. When using lower time...
A simple indicator that display the 50, 100, and 200 Daily SMA. It will always display the DAILY 50,100, 200, regardless of the time frame you are looking at. Makes it easy to quickly display these key averages while also looking at smaller timeframes like 1H candles.
This indicator plots the daily high and low from the previous day. (BLACK)
It then calculates the midpoint of the high and low and plots this. (RED)
This indicator can be used to identify daily ranges and to identify possible support and resistance levels.
It turned out not to be that easy to plot the close of the previous week in hourly or daily charts. In my first experiments things went wrong on Friday or intraday if you simply use the security function. So here is the thing with an algorithm that guaranties the correct value.
Tired of wasting countless hours switching back and forth between timeframes?
Worry not! For only 499.95$ now you can... Oh wait this script took me 5 minutes I can't sell that.
The idea is priceless thought.
This is a very basic script that lets you view 2 daily exponential moving averages from any timeframe (you won't see much from higher timeframes...
This indicator puts the previous close value of a higher relevant time frame on the chart, it adepts to the period of the chart. Relevant means that it puts:
Close of previous year in monthly chart
Close of previous month in weekly chart
Close of either previous month of week in daily chart, default setting is week
Close of previous week in 4hourly and 3hourly...
//Written by David Carruthers
//This is to support scanning the market to check if the daily candle opened above the daily EMA baseline for a selected pair
//This can be done in some measure by using trading view's screening tools
//However it would be useful, if someone references a pair, to...
Utilizing the Daily Open Price can be a powerful tool in trading. When looking at Daily Bars, you can see there is often a vast amount of movement encapsulated in that timeframe range. Prices position above or below the Daily Open Price can also be an indication of trend. In this script, I've added an adjustable Grid System above/below the Daily Open Price to...
Nearly identical to the price version , this configurable indicator retains the max and min value of a chart for the time duration you specify. The difference with this one is that it can be applied to any other indicator, not just price.
Applied to volume:
Plots the 20, 50, 100 & 200 daily moving averages on any lower timeframe, but it uses a custom function to calculate the plots rather than using the security() function, so the lines are smooth rather than jagged.
Daily OHL + Weekly OHL + Asian range + intraday kill zones (daily open at 00:00UTC)
Vertical Boxes Color Code:
brownish-red = Asian range time frame
blue = London Open kill zone
green = NY kill zone
purple = London Close kill zone
After reading Cam Hui's blog post about his "Trifecta" bottom spotting model I thought I'd try my hand at scripting it as an indicator. The results are pretty close to what he describes. Though the data TradingView feeds me doesn't seem to be identical to what he's using on StockCharts.com the results are close enough that I will call the effort a success worth...
OBV that should reset on a daily session break. Looks neat when you scroll out all the way. Good use remains to be found; I believe this could be a useful reference for a more fleshed out idea for 'local zone' OBVs. Maybe comparing previous sessions' daily OBVs to current.