This script takes the total NYSE volume for the day and determines what percentage of that volume is Upside Volume (or buying volume). What's different in this script compared to others is that the 3 most essential values determined by Paul F. Desmond's Dow Award-winning paper for Lowry's Reports are color coded: 1) 90% Upside Volume Day 2) 80% Upside Volume...
Tick Plus Tick+ is an all-in-one market internals dashboard. Tick+ features a real-time NYSE or NASDAQ Tick chart, a dynamic Advancers/Decliners vs. VOLD chart, a market internals table readout including both NYSE and NASDAQ instruments, defensive and cyclical sector’s, and daily inflow/out analysis. Also included are customizable symbols readouts, so you can...
Recent events inspired me to create a small widget that allows you to spot from when current value is lowest / highest. Just add it to chart and script will compute most recent day when price was higher / lower than current and it will display: Line coming from that value to the current one A table with previous low/high information Thanks to @MUQWISHI...
The table presented here is comprised of major Banknifty Index constituents showing price change in percentage terms and RSI value of three different timeframes to gauge overall Banknifty sentiment. This table is primarily created to cater scalpers and day traders. It helps traders to see market activity at a glance.
The Concept The volume-weighted average price (VWAP) is an indicator that gives the average price of a security based on both volume and price. VWAP is calculated by adding up the dollars traded (price*volume) and dividing it by the total volume. Generally speaking, prices above VWAP is bullish, while prices below VWAP is bearish. VWAP can also be used as a...
On-balance volume (OBV) is a technical trading momentum indicator that uses volume flow to predict changes in stock price. Joseph Granville first developed the OBV metric in the 1963 book Granville's New Key to Stock Market Profits. This indicator is based on the OBV indicator and adds 2 times the standard deviation Bollinger Band to evaluate the overbought and...
The NYSE Market Breadth Ratio is considered by some to be the “king” of market internals. It lets you know instantly how strong current buying or selling pressure is in the broad market, to eliminate guessing or opinion. This indicator plots the Market Breadth Ratio values for the NYSE and the NASD exchanges in real time. It also plots the NYSE Market Breadth...
Average of % of stocks in S&P500 above 20/50/100/200 MA summed up and divided by 4. So average of average of SP500 breadth :) with directional color. Adjustable MA and Color smoothing.
NASDAQ Advance/Decline Line is a Market Breath indicator. Brought to you by IQ-trading (Andrei Bogdan) via Trading View Pine script. If you find this helpful in anyway, please leave a like! A/D line calculates a ratio between total number of NASDAQ stocks advancing and total number of NASDAQ stocks in one day, providing another way to grasp the market breath at...
Histogram of the difference between On Balance Volume and an EMA of the On Balance Volume (OBV + EMA). Using a 55 EMA, on the daily timeframe of BTC, bull/bear trends occur when the histogram is above/below the zero line respectively. Divergences also have a notable effect. -- Added alert conditions when OBV crosses EMA to signal a possible trend change, for...
HISTORY AND CREDITS ––––––––––––––––––––––––––––––––––––––––––––––––––––––– Stage 2 is part of Mark Minervini's NON-NEGOTIABLE criteria. What does this mean? Well it means that Mark does not enter a trade that is not in Stage 2. Stage analysis is the work of Stan Weinstein who divides stock price movements in 4 stages (Stage1, Stage2, Stage3 and Stage4)....
This indicator plots important session (intraday) levels for the day. It plots high and low of previous day, week, month, 52 week and all time. Also plots the vix range which shows the daily expected trading range of the instrument. These levels acts as important support/resistance for the day. For example, if price closes above previous day, week, or month...
This Indicator uses the Relative Strength Index, On Balance Volume, and ADX to identify viable trading trends. A quick description of what is on display: 1.) Green Triangle = OBV crossing over OBV MA 2.)Red Triangle = OBV Crossing under OBV SMA 3.) The background coloring between the RSI Oversold and Overbought Values has multiple conditions. ----It...
This indicator is a market breadth indicator. This is an index that is derived from the number of stocks within the nifty constituents that has made 52weeks high and low. Only top 40 stocks of nifty50 are selected as there is a limitation of calling securities in pinescript. This indicator has to be used in conjunction with other market breadth indicators like...
Display all US Treasury Yields and highlight if the specified period is inverse. Visualizing the reverse spread in U.S. Treasuries may help us capture the signs of a recession. Contains : TVC:US30Y TVC:US20Y TVC:US10Y TVC:US07Y TVC:US05Y TVC:US03Y TVC:US02Y TVC:US01Y TVC:US06MY TVC:US03MY TVC:US02MY TVC:US01MY 30Y-20Y 10Y-5Y 10Y-2Y 7Y-5Y 5Y-2Y 3Y-2Y 10Y-1Y 10Y-3M
On Balance Volume calculated with aggregated and normalized volume data and a few other features: Aggregation code originally from Crypt0rus Candle Plotting code from LonesomeTheBlue ***The indicator can be used for any coin/symbol to aggregate volume, but it has to be set up manually*** As normal OBV, this indicator can be used to find divergences and to have...