Returns a (top 10 by default) coins matrix correlation between various user-selected symbols Correlation matrices can be useful to see the linear relationship between various symbols, this is an important tool for analyze market. Alert with matrix. You can send it to the sheets
Measures compression on different timeframes, on demand. A high compression precedes high volatilty. v0.1 - by mufaxor
This is a modification to the original ADD script by Tom1trader I added the option to choose the timeframe, moving average type and length. Note from the original script: "This is the NYSE Advancers - decliners which the SPX pretty much follows. You can chart it like any index (ADD -NYSE $ADV MINUS $DECL) but I find it more useful in a separate panel with...
First off, all credit to Harry Potter as this is a minor customization of his indicator. Basic additions: -- Added a Higher Timeframe that is set to Daily but can be changed. Timeframe does wait until barstate.isconfirmed so won't repaint. -- Added HMA smoothing line to both Chart and HTF. Can be used as it's own signal, as confirmation or in combination with...
This is a NON-REPAINTING multi-timeframe RSI strategy (long-only) that enters a trade only when two higher timeframes are oversold. I wrote it on BTC/USD for 1min, but the logic should work on other assets as well. It is diagonally layered to be profitable for when the asset is in a downtrend. Diagonal layering refers to entry and exit conditions spread across...
The Capital Line Pack ( CLP ) indicator is a technical analysis tool that is designed to help traders and investors identify potential buying and selling opportunities in financial markets by using, inter alia, kernel regression methodoliges. It is a standalone indicator that can be placed on top of price chart displaying the Base MA, Capital Line and standard...
█ Overview The Smart Money Concept Probability (Expo) is an indicator developed to track the actions of institutional investors, commonly known as "smart money." This tool calculates the likelihood of smart money being actively engaged in buying or selling within the market, referred to as the "smart money order flow." The indicator measures the probability...
The code calculates the relative performance of Nifty and Bank Nifty and plots it on a chart. It also calculates the 14-day RSI and a moving average of the relative performance. First, the script retrieves the daily close prices for Nifty and Bank Nifty from the NSE using the request.security() function. It then calculates the daily returns for each index and the...
Nifty in terms of USD value over time. Nifty 50 index of Indian Stock Market, in terms of US Dollar terms at that specific time.
Note that the EMA Ribbon is not embedded into the custom RSI with KC. In the future I plan to embed it. The EMA Ribbon I use is the following: This is my very first attempt at modifying an indicator. I basically attempted to add a Keltner Channel around RSI. This was used as an alternative channel to the standard Bollinger Band. KC goes hand-in-hand with the EMA...
Library "Lex_3CR_Functions_Library2" This is a source code for a technical analysis library in Pine Script language, designed to identify and mark Bullish and Bearish Three Candle Reversal (3CR) chart patterns. The library provides three functions to be used in a trading algorithm. The first function, Bull_3crMarker, adds a dashed line and label to a Bullish...
This script combines three relative strength index (RSI) indicators with different periods, and allows the user to toggle between them to generate overbought and oversold signals. The indicator is named "Triple RSI Indicator with Toggle" and has the short title "TRSI-T." The input parameters for the RSI periods are set by the user and include a short RSI with a...
Oliver Velez is a well-known trader and educator who has developed multiple trading strategies. One of them is the 20-200sma strategy, which is a basic moving average crossover strategy. The strategy involves using two simple moving averages (SMAs) - a short-term SMA with a period of 20 and a long-term SMA with a period of 200 - on a 2-minute timeframe...
Giga Kaleidoscope GKD-C RSI on Jurik-Filtered Price is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX...
Giga Kaleidoscope GKD-C Jurik-Filtered RSI(var) is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No...
Giga Kaleidoscope GKD-C T3-based CCI is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense...
The Momentum Reversal Indicator is a technical analysis tool used to identify potential reversals and trends in financial markets. It does this by comparing the momentum of a market to its trend. The momentum is calculated by measuring the change in price over a specified time interval set by the "Period" input. The trend is then determined as the simple moving...
A breakout in trading refers to a situation where the price of a security or asset moves beyond a defined level of support or resistance, which is typically indicated by technical analysis tools like Bollinger Bands . Bollinger Bands consist of three lines: the upper band, the lower band, and the middle band (or basis). The upper and lower bands are set at a...