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
█ 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.
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...
Our Implementation of the famous Shiller PE Ratio (aka C yclically A djusted P rice-to- E arnings Ratio) a long-term valuation indicator for the S&P 500. Calculation: Share price divided by 10 - year average, inflation - adjusted earnings The indicator works on the M and 12M timeframe and has a built-in moving average that supports an upper and lower...
This script is designed to identify and display the Weis Wave Volume on a chart. The Weis Wave Volume is a volume-based indicator that helps traders analyze market waves, identify trend reversals, and assess the strength of a trend. The script calculates wave volume based on user-defined input parameters, detects price waves, and displays the results as labels on...
Hello everyone! I'd like to share with you a handy tool that is incredibly useful for analyzing Bitcoin's price movements. This optimized logarithmic curve indicator is a refined version of the popular "My BTC log curve" indicator, originally created by @quantadelic. We have made several improvements to enhance its predictive capabilities when it comes to...
Shows Pivot Highs & Lows defined or 'Graded' on a fractal basis: Short-term, medium-term and long-term. Also applies 'Spikeyness' condition by default to filter-out weak/rounded pivots ES1! 4hr chart (CME) shown above, with lookback = 15; clearly identifying the major highs & lows on the basis of how they are fractally 'nested' within lesser Pivots. -- in the...
The three-day rolling pivot is another pivot concept, which may be used by intermediate positions, for several days or even weeks. It can be utilized in many ways, such as to determine an entry point or trailing stop. As the name suggests, this pivot is based on the last three days. I learned this concept of the book "The logical Trader" by Mark Fisher. Kudos...
█ OVERVIEW This indicator automatically draws dynamic higher timeframe support and resistance lines from preceding peak to current peak and from preceding trough to current trough. In the example above I have applied the indicator three times; one for the 1D trendlines (red), one for the 4H trendlines (orange) and one for the 2H trendlines (green). █ ...
█ OVERVIEW This indicator automatically draws dynamic support and resistance lines from preceding peak to current peak and from preceding trough to current trough. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. • A red candle is one that closes with a low price that is...
█ OVERVIEW This indicator simply plots multi-part return line downtrends and should be used in conjunction with my Return Line Uptrends, Downtrends and Uptrends indicators as a visual aid to my Trend Counter indicator. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. •...
█ OVERVIEW This indicator simply plots multi-part uptrends and should be used in conjunction with my Return Line Uptrends, Downtrends and Return Line Downtrends indicators as a visual aid to my Trend Counter indicator. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. •...
█ OVERVIEW This indicator simply plots multi-part downtrends and should be used in conjunction with my Return Line Uptrends, Uptrends and Return Line Downtrends indicators as a visual aid to my Trend Counter indicator. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. •...
█ OVERVIEW This indicator simply plots multi-part return line uptrends and should be used in conjunction with my Downtrends, Uptrends and Return Line Downtrends indicators as a visual aid to my Trend Counter indicator. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. •...
█ OVERVIEW This indicator counts the number of confirmed trend scenarios on any given candlestick chart and displays the statistics in a table, which can be repositioned and resized at the user's discretion. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. • A red candle is...
█ OVERVIEW This indicator counts the number of confirmed candle trend scenarios on any given candlestick chart and displays the statistics in a table, which can be repositioned and resized at the user's discretion. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. • A red...