This a script to try detect the best combination of supertrend parameters in a space of time. Sadly the script is slow. Evaluate all possibilities params is hard for a pinescript and my knowledge too. In some cases, when you want evaluate many time could be the script fails for timeout. Perhaps with time I could enhance. For this problem of speed the calculate of...
Yield Trend Indicator - The Quant Science™ is a quantitative indicator representing percentage yields and average percentage yields of three different assets.
Percentage yields are fundamental data for all quantitative analysts. This indicator was created to offer immediate calculations and represent them through an indicator consisting of lines and columns....
█ OVERVIEW
This indicator reports the historical probabilities of the price trading past its Average True Range (ATR).
█ CONCEPTS
It is common knowledge that the market is not likely to trade past 1x ATR. Is this true? How much unlikely exactly? The indicator reports the data in a table and tells you precisely how often the price made it past x times...
My first tool !
1. The waves shows the slope of the curve. The front one = 3 periods, back one = 2 periods, difference = white area.
2. The moving lines shows the curve correlation between 2x 2 time frames (adjustable on the settings) on 2 periods lookback.
2.1 Theres few regions of high correlation, lines are at (absolute values) 0.5, 0.75, 1
3. On the top...
Brief 🌟
Pattern Recognition Probabilities (PRP) is a REALLY smart indicator. It uses the correlation coefficient formula to determine if the current set of bars resembles that of past patterns. It counts the number of times the current pattern has occurred in the past and looks at how it performed historically to determine the probability of an up move, down move,...
I did not write the script from scratch but rather started editing code of an existing one. The original code came from a script called GAP DETECTOR by @Asch-
First up: I am a trader, not a programmer and therefore my code most likely is inefficient. If someone with more expertise would like to help and optimize it - feel free to get in touch, I am always...
Alpha Performance of Period (PoP) produces a visualization of returns (gains and losses) over a quarterly, monthly, or annual period. It also displays the total % gain and loss over any length of days, months, and years as defined by the user.
Performance of Period (PoP) can be used to understand the performance of an asset over multiple periods using a single...
This is a statistical moving average. This doesn't calculate the mean but the median of the given range and simply ignores the outliers.
Try it yourself...
Disclaimer: This is not financial advice
Follow me to get notified when i publish new indicators.
Trade safe,
Atilla
Lets say you want to layer into a position and you'd like to see it turn around. The study lets you set a baseline and increments above and below that baseline. A green cross is plotted ever time the price crosses above one of the increments, and red when crossing below that increment.
In the example I set the baseline to $22.1, and Layer increments to $0.50....
The Power Momentum indicator calculates momentum in a different way. The graph may look similar. The important part is the color of the bars.
If you set the "Base Line" to "Zero", there are two important things to notice. The orange color when the bars are below the base and the blue color when the bars are above the base.
If you set the "Base Line" to "Stats",...
The Path uses a statistical method that I have developed to indicate possible Lows and Highs of the current bar for the selected time frame. You can see the range at the opening of the bar. You can narrow or widen the range by changing the "Range %".
What does The Path indicate?
The Path uses a statistical method and calculates the limits of the bar. For...
This indicator is meant as a means to assess the significance ("strength") of a Moving Average , in other words how likely it is that price action is going to find support or resistance at the MA.
How it works
When the high or low of a candle is within the band around the MA defined by the "fuzziness" parameter, the significance of the MA increases...
Support and Resistance levels based on statistical methods
This is an autonomous Support and Resistance (S&R) indicator that locates levels where the price of an asset is likely to meet resistance or support. It works on all timeframes, and on any asset. It is more advanced than many other indicators that purport to do the same thing.
How to use Pinks...
Shows the Daily, Weekly, Monthly, Quarterly, and Yearly VWAP.
Also shows the previous closing VWAP, which is usually very near the HLC3 standard pivot for the previous time frame. i.e. The previous daily VWAP closing price is usually near the current Daily Pivot. Tickers interact well with the previous Daily and Weekly closing VWAP.
Enabling the STDEV bands...
GEOMETRIC STANDARD DEVIATION BANDS
Ver.1 By Ricardo M Arjona @XeL_Arjona
DISCLAIMER:
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
The embedded code and ideas within...
EVWMA ACCUMULATION/DISTRIBUTION PRESSURE & FRACTAL BANDS
Version: 3.0 @ 4.11.2015
By Ricardo M Arjona @XeL_Arjona
DISCLAIMER:
The following indicator IS NOT INTENDED TO BE A FORMAL INVESTMENT ADVICE OR TRADING RECOMMENDATION BY THE AUTHOR, nor should be construed as such. Users will be fully responsible by their use regarding any kind of trading...
Standard Error Bands - Code by @XeL_arjona
Original implementation by:
Traders issue: Stocks & Commodities V. 14:9 (375-379):
Standard Error Bands by Jon Andersen
Version 1
For a quick and publicly open explanation of this Statistical indicator, you can refer at Here!
Extract from the former URL:
Standard Error bands are...
Pair trading is employed by professional traders to outperform the market. This script is a complete trading strategy where you can set your own parameters and the system will generate ready to trade signals. All you have to do is just execute profitable trades based on your own parameters.
![ES1!: Pattern Recognition Probabilities [racer8]](https://s3.tradingview.com/y/YZtvEHF1_mid.png "Pattern Recognition Probabilities [racer8]")
