Purpose: The Enhanced Alligator Trend Indicator aims to identify strong and reliable buy and sell signals on the price chart by combining the Alligator Indicator with trend strength and volume filters. It is specifically designed for use on a 1-minute chart to enhance precision in short-term trading decisions. Components: Alligator Indicator: Jaw Line (Blue):...
Title: Long-Side Rally Detector – Quickly Spot Significant Upward Movements for In-Depth Analysis Description: Introducing the Long-Side Rally Detector or Rally Spotter, a powerful Pine Script designed to help traders and investors quickly identify areas on a chart where stocks have made significant upward rallies. This tool is perfect for anyone looking to...
🔵 Introduction The Butterfly Harmonic Pattern is a sophisticated and highly regarded tool in technical analysis, utilized by traders to identify potential reversal points in the financial markets. This pattern is distinguished by its reliance on Fibonacci ratios and geometric configurations, which aid in predicting price movements with remarkable...
💎 GENERAL OVERVIEW Introducing the new Trend Strength indicator! Latest trends and their strengths play an important role for traders. This indicator aims to make trend and strength detection much easier by coloring candlesticks based on the current strength of trend. More info about the process in the "How Does It Work" section. Features of the new Trend...
LOWESS (Locally Weighted Scatterplot Smoothing) ⯁ OVERVIEW The LOWESS (Locally Weighted Scatterplot Smoothing) [ ChartPrime ] indicator is an advanced technical analysis tool that combines LOWESS smoothing with a Modified Adaptive Gaussian Moving Average. This indicator provides traders with a sophisticated method for trend analysis, pivot point...
DSL Oscillator BigBeluga The DSL (Discontinued Signal Lines) Oscillator is an advanced technical analysis tool that combines elements of the Relative Strength Index (RSI), Discontinued Signal Lines, and Zero-Lag Exponential Moving Average (ZLEMA). This versatile indicator is designed to help traders identify trend direction, momentum, and potential reversal...
This Pine Script indicator combines supply and demand zone analysis with dynamic buy/sell signals to enhance trading strategies. It provides a robust framework for identifying optimal trading opportunities and managing existing trades. Key Features: Supply and Demand Zones: The indicator identifies significant supply and demand zones based on recent price...
Supertrend Multi-Timeframe Indicator Introduction The Supertrend Multi-Timeframe Indicator is an advanced trading tool designed to help traders identify trend directions and potential buy/sell signals by combining Supertrend indicators from multiple timeframes. This script is original in its approach to integrating Supertrend calculations across different...
This script shows Grayscale's GSOL financials based on the information from their website. Investors and traders like to use financials when making the decision to buy, sell, or hold. ►Usage This script is specific to GSOL. Investors and traders use financials when making the decision to buy, sell, or hold. How one interprets financials is up to the individual....
### Explanation of the Pine Script This Pine Script identifies and displays weekly naked Points of Control (nPOCs) on a TradingView chart. An nPOC represents a Point of Control (POC) from a previous week that has not been revisited by price action in subsequent weeks. These nPOCs are extended to the right as horizontal lines, indicating potential support or...
PURPOSE OF THE INDICATOR This indicator autogenerates and displays naked levels and gaps of multiple types collected into one simple and easy to use indicator. VALUE PROPOSITION OF THE INDICATOR AND HOW IT IS ORIGINAL AND USEFUL 1) CONVENIENCE : The purpose of this indicator is to offer traders with one coherent and robust indicator providing useful,...
Unleash the power of Volume Spread Analysis (VSA) with our state-of-the-art indicator designed to detect market divergences and convergences, helping you make informed trading decisions. 📈 Key Features: Detects bullish and bearish divergences based on volume and price movements. 📊🔍 Identifies bullish and bearish convergences, signaling potential trend...
WaveTrend with Divergences & RSI(STOCH) Divergences by WeloTrades Overview The "WaveTrend With Divergences & RSI(STOCH) Divergences" is an advanced Pine Script™ indicator designed for TradingView, offering a multi-dimensional analysis of market conditions. This script integrates several technical indicators—WaveTrend, Money Flow Index (MFI), RSI, and...
The "Daily Ratio OCHL Averager" indicator, is designed for use in financial charts. It calculates an average value based on the daily open, close, high, and low prices, and visualizes this average on the chart. Ratio Calculation: The script calculates a ratio representing the normalized difference as a percentage. This ratio helps determine if the current price...
A simple modification of the regular FXN day separator indicator. It starts the days at 12:00 of the time-zone you select as opposed to the regular 17:00 server time.
This TradingView script is designed to visualize the highest high and the lowest low from the previous 576 candles on the chart. It draws horizontal lines representing these values and updates them at a specific time each day.
The Pine Script indicator you are examining is designed to enhance your trading chart by visually demarcating specific seasonal periods known as summer for the years 2020 and 2021. This indicator achieves this by employing background shading to indicate these defined summer periods, providing traders with a visual reference to help in analyzing seasonal trends and...
Explanation: Inputs: equitySymbol: The symbol for the equity index (default is "SPY" for the S&P 500 ETF). bondSymbol: The symbol for the bond market (default is "TLT" for the 20+ Year Treasury Bond ETF). Fetch Data: equityClose and bondClose retrieve the daily closing prices for the specified equity and bond symbols. Relative Spread Calculation: The relative...