Empiece

Educational

Seasonality [TFO]This Seasonality indicator is meant to provide insight into an asset's average performance over specified periods of time (Daily, Monthly, and Quarterly). It is based on a 252 trading day calendar, not a 365 day calendar. Therefore, some estimations are used in order to aggregate the Daily data into higher timeframes, as we assume every Month to be 21 trading days, and every Quarter to be 63 trading days. Instead of collecting data on the 1st day of a given month, we are actually treating it as the "nth" trading day of the year. Some years exceed 252 trading days, some fall short; however 252 is the average that we are working with for US stocks and indices. Results may vary for non-US markets. Main features: - Statistics Table - Performance Analysis - Seasonal Pivots The Statistics Table provides a summarized view of the current seasonality: whether the average Day/Month/Quarter tends to be bullish or bearish, what the average percent change is, and what the current (actual) change is relative to the historical value. It is shown in the top right of this chart. The Performance Analysis shows a histogram of the average percentage performance for the selected timeframe. Here we have options for Daily, Monthly, and Quarterly. The previous chart showed the Monthly timeframe, here we have the Daily and Quarterly. Lastly, Seasonal Pivots show where highs and lows tend to be created throughout the year, based on an aggregation of the Daily performance data collected over the available years. If we anchor our data to the beginning of the current year, and then manually offset it by ~252 (depending on the year), we can line this data up with the previous years' data and observe how well these Seasonal Pivots lined up with major Daily highs and lows. Styling options are available for every major component of this indicator. Please consider sharing if you find it useful!
Indicador de Pine Script™
por tradeforopp
32
PSESS1 - Learn PineScript InputsThis is a script written exclusively for people who are trying to learn Pine Script. PSESS stands for "Pine Script Educational Script Series" which is a series of scripts that helps Pine Script programmers in 2 ways: 1. Learn Pine Script at more depth by an interactive environment where they can immediately see the effects of any change in the pre-written code and also comparing different lines code having tiny differences so they can grasp the details. 2. Have this script open while coding in order to copy the line they find useful Pine Script Library couldn't be used for this purpose since this script has educational aspect and needs to be executable individually. This is Script 1 of PSESS and focuses on inputs in Pine Script. The script is densly commented in order to make it understandable. here is the outline of the script: 1. Inputs that can be received through the indicator() function 2. 12 possible types of input 3. Input() function arguments: defval - title - tooltip - inline - group - confirm 4. The different display of tooltip when inputs are inline 5. Multiple price and time inputs (on single request or multiple requests) 6. What happens when title argument is not specified 7. References and key points from them
Indicador de Pine Script™
por Mahdi_Fatemi1998
Pinescript Risk Reward boxes + Custom 'Time Elapsed' MarkersUsing Pinescript to create custom Risk Reward Ratio (RRR) boxes with custom vertical time markers to help traders stay mindful of how long they've been in a trade. //Usage: -Add indicator to chart and you'll be prompted to click three times: -- 1: Choose time (clicking last bar will mark entry as current candle's open). -- 2: Click BOX TOP of RRR box on chart (long or short is toggled later). -- 3: Click BOX BOTTOM of RRR box on chart (long or short is toggled later). - then toggle Long or short in the dialog box. -toggle on/off vertical time line markers (as reminder of how long you've been sat in your trade). -User input choice of time line marker spacings (in minutes). //Notes: -Percentage reward and percentage risk are displayed in each of the risk reward boxes. Risk-Reward ratio is also displayed in the upper box. -Bars to extend the RRR box to the right is also a custom user input. -Note the 'entry' of the trade will always be the open of the candle you click on (the first click on loading the indicator). -You can drag the vertical entry time and the horizontal box-top and box-bottom times dynamically, as you like, as trade progresses. //Use-Case: -I wanted a RRR box which gave me custom vertical time markers to keep me mindful of overstaying my welcome in a trade that likely was running out of steam and wasn't likely to go my way. Forcing me to stay nimble. I have found in daytrading that if a trade doesn't go your way promptly, it's often not a good one to hold.
Indicador de Pine Script™
por twingall
1
RGB Color Codes Chart█ OVERVIEW This indicator is an educational indicator to make pine coders easier to input color code. Color code displayed either in hex or rgb code or both. █ INSPIRATIONS RGB Color Codes Chart Table Color For Pairing Black And White █ FEATURES Hover table cell to see all properties of color such as Hex code and RGB code via tooltip. Cell can be show either Full, HEX, RGB, R, G, B or na. █ LIMITATION This code does not consider usage of color.new() █ CONSIDERATION Code consideration to be used such as color.r(), color.g(), color.b() and color.rgb() █ EXAMPLE OF USAGE / EXPLAINATION
Indicador de Pine Script™
por RozaniGhani-RG
2
ICT Session Opening FVG / Silver Bullet [MK]Students of ICT concepts will know that the first FVG found within particular session periods can identify an important price level for intraday traders. "Find the first FVG at the start of the session and drag a box from it to the right"....ICT The script finds the first FVG (either bull or bear) within the following periods: London Killzone (0200 - 0500) EST 02:00 - 0259 03:00 - 0359 0400 - 0459 Dead Zone (05-00 - 0600) EST 05-00 - 0559 0600 - 0659 NY AM Killzone (0700 - 1100) EST 0700 - 0759 0830 - 0929 0929 - 0959 1000 - 1100 (Silver Bullet) A chart higher timeframe can be chosen to detect the FVGs and they will be displayed on lower timeframe. Default is 5min for detection. I like to then following price reacting to 5mi FVGs on a 1 min chart. FVG boxes can be extended to the end of the session, or to any time within the current days trading hours. Colors/Labels/ Session Periods can all be edited. A maximum timeframe for display is available and timezone can be adjusted. FVGs are only shown for the current days trading hours.
Indicador de Pine Script™
por malk1903
78
No Code SignalsNo Code Signals is an intuitive user interface for users to generate their own signals based on indicators they already have applied to their chart. This indicator makes use of the new input.source() limits for importing data from external sources (indicators) into 1 indicator. You are now able to import ANY number of sources from up to 10 different indicators. Features: - Import up to 10 unique values from up to 10 different indicators already on your chart! - Compare those values against other imported indicator values, or chart ohlc values. - Option to use a defined level instead of an active source. - 5 Signal Options (Currently) - Alerts, Each signal has its own alert condition. - Labeled Signals, to tell which signal is which. Potential Future Plans: - More Signals & Analysis Options - Possibly more imports - Combining 2 (or more) signals into 1 Here is a Screenshot of a chart with signals, and the Interface creating the signals. Enjoy!
Indicador de Pine Script™
por SamRecio
2
[MiV] Trading SessionHello, everyone! Today I want to present my new script, which I hope will help not only me! I'm sure that many people, like me, went through such a stage as "building their strategy". This is when you sit and test on the history how you would enter or exit a trade. Recently I was doing the same thing and realized that my "tests" involve night time, when in reality I would be asleep and not trading! So I decided to create an indicator that would display my "working hours" so that the backtest I conduct would be as realistic as possible. Also this indicator is able to display sessions of major exchanges and forex working hours, so it will be useful not only for cryptocurrency lovers. In addition, we don't always trade every day and, for example, I don't trade on Sunday. That's why we added a feature that "turns off" the day and does not highlight it in color if you're not planning to trade on that day. And finally, I added a notification of the beginning and end of the trading session. A small thing, but it may also be a useful feature for those who like to sit at the chart! I will be glad to receive any comments and suggestions! ----- Всем привет! Хочу сегодня представить свой новый скрипт, который, надеюсь, поможет не только мне! Уверен, что многие, как и я, проходили такой этап как "постройка своей стратегии". Это когда ты сидишь и тестируешь на истории то как бы ты входил или выходил из сделки. Вот недавно я ровно также занимался этим и осознал, что мои "тесты" затрагивают и ночное время, когда в реальности я бы спал и не торговал! Поэтому я решил создать индикатор, который будет отображать мои "рабочие часы", чтобы бектест, который я провожу, был максимально реалистичным. Также данный индикатор умеет отображать сессии крупных бирж и время работы форекса, так что полезным он будет не только для любителей криптовалюты. Кроме того, мы же не всегда торгуем каждый день и например я не торгую в воскресенье. Поэтому добавлен функционал, который "выключает" день и не подсвечивает его цветом, если ты в этот день не планируешь торговать. Ну и в заключении, добавил уведомление о начале и завершении торговой сессии. Мелочь, а тоже может быть полезной фичей для тех кто любит засесть за графиком! Буду рад любым замечаниям и предложениям!
Indicador de Pine Script™
por mi_vadim
Divergences in 52 Week Moving Averages, Adjusted and SmoothedThis script description is intended to be holistic and comprehensive for the understanding of the interested parties who view the script. Following the PineCoders suggestions, I have provided detailed breakdowns both within the code and in the description immediately below: ► Description This description is intended to be detailed and meaningful, conveying the understanding of the script’s intention to the user: The theory: Divergences and extreme readings in 52-Week highs on major indexes can provide a view into a potential pending move in the opposite direction of how the market has been trending. By comparing the 52-Week Hi/Lo indices and applying an Exponential Moving Average (EMA), we can assess how extreme a move is from the average. If the move provides an extreme reading, it would potentially be beneficial to “fade” the move (take a position in the opposing direction). The intention: The intentionality of this script is to provide a visualization of when the highly-probable opportunity to fade over a multi-day or multi-week period arises. In addition to this, based on backtesting prior moves and reading the various levels of significant reversals, three tiers: “Standard”, “Sensitive”, and “Highly Sensitive” have been applied, the user can choose which sensitivity level they would like to see, there are far less false positives on the Standard and Sensitive settings, while Highly Sensitive often signals multiple times with the move coming a few days later. The application: The settings allow the user to customize their sensitivity to the fade signals, with the ability to customize the visual that shows up as well. For higher-highs that are fade-worthy, the signal will appear on the top of the candle, for lower-lows that are fade-worthy, the signal will appear on the bottom of the candle. The users risk criteria should be the primary driver of the entry/exit, although when backtesting it appears that the significant move is typically completed within a 2-4 week period at max and 3-5 day period at minimum. A personal note: I am a futures trader intraday but would very strongly caution users when using this strategy with futures (unless their risk tolerance is higher than most). The most beneficial strategy when fading moves would be to enter in tranches, starting at the first signal and adding on any pullback (as long as the pullback is not below the initial entry point). 1-6 Week Date-To-Expiry options would be the primary method for applying this strategy. I would also like to add that SPY/SPX options (SPDR S&P 500 ETF Trust / CBOE S&P 500 Index) are the most liquid options that could be applied in this strategy. ► Description (additional) With the understanding that few users can read pinescript (Pine), the description above contains all of the necessary information that is necessary for a user to understand the intention for script utilization. For those who do understand Pine, the code is commented in each section in order to provide an understanding of the underlying functions, calculations, and thought process that went on during the writing of the script. ► Description (additional) This script’s description contains no delegations, all aspects of the script as well as the initial idea behind it are contained in the description above, which is self-contained in it’s entirety with a clear and defined purpose that is written with the intent to holistically capture the intent of the potential use for this indicator. ► General House Rule #2 This script and the description (as well as my profile) contain no links or associations to promotion of any kind, I am not a business, I am not an individual that will in any way make money from this script or the promotion of another person, idea, company, entity, or legal persons (foreign or domestic). ► Originality and usefulness This is an original and custom script (and idea) that is not a rehashing or a copy of any code from any other programmers in the tradingview community.
Indicador de Pine Script™
por blueberryjones
MF Time Travel (Delay or Forward Charts) by MigueFinanceThis indicator allows you to "Time Travel" aka. delay or advance (or forward) the on-screen chart/indicator as well as well as to do the same with other additional charts that can be configured in the settings. This might be very useful when comparing with other (or the same) indicator in time, if you consider probably an incoming move based on another time performance. About the Settings: The moved in time charts can also be expanded or contracted, as well as they can be moved vertically (offset). To Delay put positive values on the weeks settings, to Advance put Negative values on the same. The Expansion or Contraction Factor is simply a multiplier of amplitude so you can multiply by number like 0.5, 2, etc The Vertical Offset simply moves up and down the indicator. The Labels will also tell you the number of weeks and years that were changed so as to have a reference, as well as the indicator being used.
Indicador de Pine Script™
por miguefinance
3
Killzones @joshuuuThis Indicator is based on "ICT Killzones" - sessions in which price moves the "cleanest" and usually has the most volume. The script is able to either display Killzones as a Label above current bars, or in form of lines on top or bottom of the charts. Also, the user is able to choose between Forex Killzones and Indices Killzones. times for killzones: Forex -London 0200-0500 -NY 0700-1000 Indices -London 0200-0500 -NY AM 0830-1100 -NY PM 1330-1600 ⚠️ Open Source ⚠️ Coders and TV users are authorized to copy this code base, but a paid distribution is prohibited. A mention to the original author is expected, and appreciated. ⚠️ Terms and Conditions ⚠️ This financial tool is for educational purposes only and not financial advice. Users assume responsibility for decisions made based on the tool's information. Past performance doesn't guarantee future results. By using this tool, users agree to these terms.
Indicador de Pine Script™
por joshuuu
16
Day's First Candle High & Low and + or - 10 pointThis code is an indicator that calculates and plots the high and low of the first candle of the day, along with parallel lines. The purpose of the indicator is to help traders identify potential support and resistance levels for the day. The code checks if a new day has started and, if so, calculates the high and low of the first candle of the day. It then plots the high and low as well as parallel lines that are 200 ticks (10 points) above and below the first candle's high and low, respectively. The resulting plot shows the first candle's high and low, as well as the upper and lower boundaries that may act as support and resistance levels throughout the trading day.
Indicador de Pine Script™
por imnithin
Session Filter [Trendoscope]🎲 Session Filter: A Customisable Trading Indicator for Defining Preferred Trade Sessions Session Filter is a simple trading indicator that enables traders to define their preferred trading sessions and optimise their approach based on individual preferences. By providing a range of flexible customisation options, Session Filter can help traders reduce risk, increase accuracy, by helping them to adhere to their trading sessions. Features include 🎯 Customisable Trading Sessions One of the key features of Session Filter is the ability to select from four different trading sessions. These sessions are designed to be flexible, making it easy to tailor your approach to specific markets, assets, and trading styles. By selecting the sessions that are most relevant to your strategy, you can reduce the risk of making trades during less favourable market conditions. For example, if you prefer to trade during the Asian session, you can set the session times to "Asian Session" in input settings. This will highlight the specific times when the Asian markets are open, allowing you to focus your trading activity during these periods. By doing so, you can avoid trading during times when the market is less active or more volatile. 🎯 Customisable Timezone and Days of the Week: In addition to customisable trading sessions, Session Filter also allows users to select a timezone and specific days of the week. This ensures that the displayed trading zones and signals are aligned with your local time, and that you can tailor your approach to your preferred schedule. This is particularly useful for traders who have other commitments, or who prefer to focus on specific markets or assets on certain days. For example, if you are based in New York and prefer to trade during the European session, you can select the "European Session" option in Session Filter and adjust the timezone to reflect your local time. You can also select specific days of the week when you prefer to trade during the European session, such as Tuesday through Thursday. This allows you to optimize your approach based on your personal preferences and schedule. 🎯 Easy Visual Interpretation: Session Filter uses green and red overlays on the chart to indicate the trading zones, making it easy for users to visually identify their trading sessions For example, when a green overlay is displayed on the chart, this indicates that the market is within the selected trading session and that it may be a good time to start trade. Conversely, when a red overlay is displayed, this indicates that the market is outside of the selected trading session and that it may be a good time close all trading. By providing this visual feedback, Session Filter helps traders stay focused and disciplined, and avoid making impulsive trading decisions. 🎯Force Exit Signal for Risk Management: Session Filter also offers the ability to generate a force exit signal when not in any of the selected sessions. This can be used in conjunction with alerts to exit all trades outsize session zone. For example, if you are using Session Filter to trade during the European session, but the market is particularly volatile during a specific day, the force exit signal will be generated to indicate that it may be a good time to exit your trade. This helps you avoid potential losses and stay disciplined during periods of market turbulence. 🎯External Signal Plots: In addition to the chart overlays, Session Filter also plots signals on the data window that can be used as external inputs in other indicators and strategies. This feature allows traders to incorporate the signals generated by Session Filter into their existing trading systems and this can be used as additional filters on an existing strategy or methodology. 🎯Alerts using Alert Conditions Alerts are provided for start and end of session so that users can make use of it to set auto turn on or off their bots. Settings are pretty simple and are explained here.
Indicador de Pine Script™
por Trendoscope
14
Swing Data - ADR% / RVol / PVol / Float % / Avg $ VolThis table presents consolidated data that swing traders can refer to quickly for their benefit. I am of the firm belief that the information provided in this uncomplicated table is precisely what you require to optimize your trading efficiency, and ultimately, profitability. The data includes; 1. Market Capitalization - a measure of the total value of a publicly traded company's outstanding shares. 2. Float % - the percentage of a company's outstanding shares that are available for trading on the open market. It is calculated by dividing the number of a company's outstanding shares that are available for trading on the open market by the total number of outstanding shares. A lower float percentage generally means that there are fewer shares available for trading, which can lead to increased volatility in the stock price. On the other hand, a higher float percentage generally means that there are more shares available for trading, which can lead to greater stability in the stock price. 3. ADR% - a technical analysis indicator that measures the average daily price movement as a percentage of its current price. It is calculated by taking the difference between the average high and low prices for a time period, and then dividing it by the current price. The resulting value is then multiplied by 100 to give the ADR% for that day. The ADR% can be useful for traders to assess the potential volatility of a stock. A higher ADR% indicates a greater potential for price movement. 4. ATR - measures the range of price movements of an asset over a specified period of time, taking into account any gaps in price. It is calculated by taking the highest value of the following three values: The difference between the current high and the current low The absolute value of the difference between the current high and the previous close The absolute value of the difference between the current low and the previous close The resulting value is then averaged over the specified period of time to create the ATR value. This indicator is reflects the average volatility of the asset over the specified period of time. 5. LoD dist. - also refer to Low Of Day distance, a range level gauge of current price based on historical volatility of the price movement, in this case I use ATR. for the historical volatility. Please find below as example for the calculation. eg. LoD dist. = 104% Current price (A) = $24.49 Low Price (B) = $22.16 Difference (A) - (B) = $2.33 ATR = $2.25 LoD dist = $2.33 / $2.25 = 103.55% (round up to nearest whole number = 104%) 6. Average Daily $ Volume - used to measure the average amount of money that is traded in a stock or a security over a particular period of time, typically a day. It is calculated by multiplying the average daily trading volume of a security by its average price. 7. Average Daily Volume - used to measure the average no. of share that is traded in a stock or a security over a particular period of time, typically a day. 8. Projected Volume - an estimate of the total volume of trading activity that is expected to occur for the day (from the specific time data), based on an average volume over a specific period of time. Projected volume can be used by traders and investors to help make informed decisions about buying or selling securities, and can also be used as an indicator of market sentiment and volatility. However, it's important to note that projected volume is an estimate and actual trading activity may vary. 9. Relative Volume - a measure of the volume of a stock that is trading at the specific time, relative to its average trading volume over a longer period. It is expressed as a percentage and is often used by traders and investors to identify stocks that are trading with higher or lower than usual volume.
Indicador de Pine Script™
por jfsrevg
88
Simple ICT Market Structure by toodegreesThis Simple ICT Market Structure is based on the teachings of ICT, specifically in his episode 12 of the Public 2022 Mentorship. The only omission here is the peculiar calculation of Intermediate Term points, for which I am not using the concept of repricing imbalances – this can be added later! Feel free to use this tool, however it is quite simple and market structure is something we all know very well how to spot. In my opinion it is helpful to display the long term swing points to identify more mature pools of liquidity. The reason for coding this tool is to help new coders understand PineScript (I have a video tutorial where I code this from start to finish), as well as fostering some algorithmic thinking in your trading of ICT Concepts and Algorithmic Delivery. If you have any questions about the code, shoot me a message! Hope you learn something and GLGT!
Indicador de Pine Script™
por toodegrees
26
3D BowlingIntroducing the "3D Bowling Game" – a fun and interactive demo scene project in Pine Script, powered by a custom 3D engine! This bowling game showcases the potential of Pine Script for developing engaging and immersive experiences, even within the confines of a trading platform. To play the game, you'll first be prompted to choose where you want to throw the ball. Next, you'll be asked to draw a line indicating the direction you want the ball to go. Sit back and enjoy as the game takes care of the rest! The source code features various sections, including: Types and helper functions to manipulate vectors, matrices, and angles Routines for calculating cross products, dot products, and vector normalization Transformation matrices for rotation and scaling Functions for perspective transformation, mesh transformations, and face normal calculations Culling and shading algorithms to provide a more realistic visual experience The project's source code is an excellent starting point for anyone interested in exploring the capabilities of Pine Script beyond the typical trading indicators and strategies. The 3D Bowling Game demonstrates the flexibility of Pine Script and its potential for creating interactive experiences in a seemingly unconventional environment. So, what are you waiting for? Dive into the source code, tweak it to your liking, or build upon it to create your own interactive 3D experiences. Enjoy the game, and happy coding! With light. I will say there is an issue with the fact that you cant draw as may linefills as you can lines.
Indicador de Pine Script™
por The_Peaceful_Lizard
6
Custom Trading Session HighlighterThe Custom Trading Session Highlighter is a simple yet powerful indicator that allows you to visualize specific trading sessions on your chart by highlighting the background within the specified time range. This indicator can be helpful for traders who want to focus on specific market hours or analyze the market behavior during certain time periods. Features: >Customizable start and end times: Input your desired trading session start and end times using the format "HHMM" (e.g., "0930" for 9:30 AM). The indicator allows you to select the time range in 30-minute intervals. >Trading session background color: The specified trading session will be highlighted with a semi-transparent green color, making it easy to differentiate the session from the rest of the chart. >Overlay: The indicator overlays on the price chart, so it doesn't take up any additional space on your screen. How to use: >Add the Custom Trading Session Highlighter to your chart. >Configure the start and end times of the session you want to highlight using the input fields in the indicator settings. >Observe the highlighted trading session on your chart to analyze market behavior within that specific time range.
Indicador de Pine Script™
por nilmiya
2
Multi-Time Period Chart[1] 3 overlays w/ Halfbacks These are 3 High-Low ranges that uses the code of TradingView's built-in Multi-Time Period Chart indicator as well as adds on optional midpoint (or "halfback") to the overlays. Finally, there are labels offset on the right margin that indicate the open price for each of those timeframes. One thing I adjusted is that range of each timeframe is omitted. This is because the original TV indicator's boxes have their right edge completely covering the wicks (Thus, the title for this indicator). This script has plenty of utility, but it designed specifically with the STRAT (Rob Smith) methodology in mind.
Indicador de Pine Script™
por Jtru1594
7
Murder Algo Stats: last portion of Indices closing hour (S&P)Stats regarding the 'murder algo' (last 10mins of the closing hour). Works on all sub-1hr timeframes. Best used on 5min, 10min 15min timeframe. Ideal use on 10min timeframe. Can be applied to other user input sessions also What i'm calling the 'Murder Algo' is the tendency of dynamic lower time frame price action in the final 10minutes of the S&P closing hour (or any of the three major US indices: S&P, Nasdaq, Dow). If there are un-met liquidity targets (i.e. clean highs or lows) as we come into the last portion of the closing hour, price has a tendency to stretch up or down to reach these targets, swiftly. These statisitics are somewhat experimental/research; trying to quantify this tendency. Please comment below if you think of some additions / modifications that may prove useful. //Purpose: -To get statistics of the tendency to 'reach' of the final bar (10minute bar in the above) of the closing hour in Indices (3pm - 4pm NY time). -Specifically to see how often price reaches for HH or LL in the final bar of the closing hour (most of the time); and to see how far it reaches one way when it does (Mean, median, mode). //Notes: -Two sets of historical stats; one is based on the 'solo reach' of the last bar; the other is based on the reach of the last bar from the average price of the preceding bars of the session (purple line in the above) -Works on any timeframe below hourly. Ideally used on 10min timeframe, but may be interesting to plot on 15min or 5min timeframe also. -Should also work on custom user-defined session; though this indicator was explicly designed to investigate the 'murder algo': that final rush and/or whipsaw tendency of price in the last few minutes of Regular trading on Indices. -For S&P, best used on SPX, which gives the longest history of all the S&P variants due to only showing Regular trading hours bars (500 days of history on 10min timeframe, for premium users) -For most stats, i've rounded to ES1! mintick (i.e. rounded to nearest quarter dollar) =>> This allows more meaningful values for 'mode' statistical measure. -I trade S&P; but this 'muder algo' phenomenon also obviously presents in Nasdaq and Dow. //User Inputs: -Session time input (defaults to closing hour 3pm - 4pm NY time) -Average method (for the average of all the input session EXCEPT the final bar) -Toggle on/off Average line. -other formatting options: text color, table position, line color/style/size. Example usage with annotations on SPX 500 chart 15m timeframe; using closing hour (3pm-4pm NY time) as our session:
Indicador de Pine Script™
por twingall
Papercuts Price Distance TravelledPapercuts Price Distance Travelled aka Maximum Per-Share Profit Potential For: Intraday swing and scalp Traders. This is a simple idea i wanted to explore where you could visualize the data of how much a price actually moves during the day. Measuring through Daily ATR is helpful, but it only measures OHLC of the day, and way more tradeable movement happens than that. So this measures movement a different way to increase perspective and awareness of price action. Its like taking a pleated filter and unpleating it, which reveals a way longer structure. It does this by aggregating the path of travel of an RSVAEMA (Relative Strength Volume Adjusted EMA) and returns the absolute value of its results. Then it resets this daily, and returns the peak into an array that gets averaged. This is helpful for seeing how normal or abnormal a days move might actually be. Many days feel extreme, but they are not, and vice versa. This can be utilized to see how much movement actually happens at different levels. TSLA on 5m is an average daily movement of around 20$, but TSLA 15sec chart shows an average movement of around 100$. Pretty insane.
Indicador de Pine Script™
por PapercutsTrading
Arbitrage SpreadThis indicator helps to find spreads between cryptocurrencies, assess their correlation, spread, z score and atr z score. The graphs are plotted as a percentage. Because of the limitation in pine tradingview for 5000 bars a period was introduced (after which a new starting point of the graph construction will be started), if you want it can be disabled The multiplier parameter affects only the construction of the joint diagram on which z score and atr z score are calculated (construction of the diagram is done by dividing one pair by another and multiplying by the multiplier parameter) is shown with a red line To create a notification you have to specify the data for parameters other than zero which you want to monitor. For parameters z score and atr z score data are counted in both directions The data can be tracked via the data window Link to image of the data window prnt.sc
Indicador de Pine Script™
por I_Leo_I
3