This indicator tries to detect tops and bottoms based on time and price. It counts candles using a simple criteria in both bullish and bearish directions. The count is added by 1 for each consecutive candle that matches this criteria. When a candle doesn't match the criteria the count is broken and will start over. A top or bottom is detected when the count...
The Consecutive Higher/Lower Closings indicator is a powerful tool designed to assist traders in identifying potential buy and sell signals based on consecutive higher or lower closing prices. This indicator provides users with the flexibility to specify the number of consecutive higher or lower closings required to trigger a signal, allowing for a customizable...
This Pine Script code is designed to create a technical indicator on a TradingView chart known as the "Kiss of Death" signal. Here's a description of the script: The script begins by specifying that it is intended for use with Pine Script version 5 (//@version=5) and sets the indicator's title to "Kiss of Death Signal" with indicator(title="Kiss of Death Signal",...
Library "DBTV" entry_message(password, percent, leverage, margin_mode, kis_number) Create a entry message for POABOT Parameters: password (string) : (string) The password of your bot. percent (float) : (float) The percent for entry based on your wallet balance. leverage (int) : (int) The leverage of entry. If not set, your...
Hello everyone, This is my seasonality indicator. I have been working on it for like 2 months, so hope you like it! What it does? The Ultimate Seasonality indicator is designed to provide you, the trader, an in-depth look at seasonality. The indicator gives you the ability to do the following functions: View the most bearish and bullish months over a...
Library ”StrategyDashboard” Hey, everybody! I haven’t done anything here for a long time, I need to get better ^^. In my strategies, so far private, but not about that, I constantly use dashboards, which clearly show how my strategy is working out. Of course, you can also find a number of these parameters in the standard strategy window, but I prefer to display...
Library "SessionVolumeProfile" Analyzes price & volume during regular trading hours to provide a session volume profile analysis. The primary goal of this library is to provide the developer with three values: the value area high, low and the point of control. The library also provides methods for rendering the value areas and histograms. To learn more about...
This indicator is a customized version of the RSI indicator that by default utilizes Bollinger Bands. It have included two layers of bands, with separate standard deviations. The indicator is fully customizable. The indicator displays bullish and bearish divergence from price. You are able to change the moving average that is used to calculate both the RSI...
This indicator should be used in conjunction with a solid risk management strategy that does not over-leverage positions and uses stop-losses. You can not rely 100% on the signals provided by this indicator (or any other for that matter). With that said, this indicator can provide some excellent signals. It has been designed with a large number of customization...
Make debugging easier during development in Pinescript by displaying debug variables on the chart. No need for explanations, you devs know how to use it :) Library "debug" label(_output, _delete, _position) - Debug label Parameters: _output (string) : Label output string _delete (bool) : Delete all labels and only show the last one ...
Strategy Statistics This library will add a table with statistics from your strategy. With this library, you won't have to switch to your strategy tester tab to view your results and positions. Usage: You can choose whether to set the table by input fields by adding the below code to your strategy or replace the parameters with the ones you would like to use...
Prices With this library, you can easily manage prices such as stop loss, take profit, calculate differences, prices from a lower timeframe, and get the order size and commission from the strategy properties tab. Note that the order size and commission only work with strategies! Usage Take Profit & Stop Loss var bool open_trade = false open_trade :=...
Margin This library calculates margin liquidation prices and quantities for long and short positions in your strategies. Usage example // ############################################################ // # INVESTMENT SETTINGS / INPUT // ############################################################ // Get the investment capital from the properties tab of the...
Backtest Strategy Optimizer Adapter With this library, you will be able to run one or multiple backtests with different variables (combinations). For example, you can run 100 backtests of Supertrend at once with an increment factor of 0.1. This way, you can easily fetch the most profitable settings and apply them to your strategy. To get a better understanding...
Hello Traders, Today, I have brought to you an indicator that utilizes the Parabolic SAR. To begin with, the Parabolic SAR is an indicator that trails the price in the form of a parabola, seeking out Stop And Reverse points. The indicator I present merges the calculation formula of the Parabolic SAR with the Moving Average. One aspect I pondered over was how...
The concept of the Fibonacci Bands indicator was described by Suri Dudella in his book "Trade Chart Patterns Like the Pros" (Section 8.3, page 149). These bands are derived from Fibonacci expansions based on a fixed moving average, and they display potential areas of support and resistance. Traders can utilize the Fibonacci Bands indicator to identify key price...
The PROPER way to calculate beta for a stock using monthly price returns . None of this nonsense using daily returns and sliding windows as done by other scripts... Works on any timeframe. This script has been checked against 100s of stocks on Yahoo finance and Zacks research data and matches 100% (some rounding error as this script is kept updated live on...
The Oscillator Volume Profile indicator is designed to construct a volume profile based on predefined oscillator levels. It integrates volume data with oscillator readings to offer a unique perspective on market dynamics. 🎲 Selectable Oscillators: Users can select from an array of oscillator options for the basis of the volume profile, including: Relative...