The Global MPMI Overview Indicator is designed to provide a comprehensive view of the Manufacturing Purchasing Managers' Index (PMI) for various countries and regions. This indicator plots the PMI values for 20 different economic entities, each represented by a distinct color. The PMI is a crucial economic indicator that reflects the health of the manufacturing...
### Indicator Name: Triple Dip Averaging (TDA) #### Description: **Triple Dip Averaging (TDA)** is a unique and strategic tool designed for long-term investors who are looking to systematically average down their investments during market downturns. This indicator provides a structured approach to reduce the average cost of your holdings by executing additional...
This indicator allows you to create a line like the MA but for a percentage below the price line
A small indicator designed for the minimalist chartist which prints the timeframe on your chart. The color of the text is based on whether the currency is trending (using the 8 and 21 EMAs) in that timeframe. Trending here is simply defined as the direction in which the 8 is above or below the 21. When used in a multi-timeframe layout, this indicator lets you...
This PineScript code creates an indicator called "Reward Ratio Validator" that helps traders evaluate potential trade setups based on pivot points, standard deviation, and risk/reward ratios. Here's a breakdown of what the code does: 1. Input parameters: - Pivot: Number of bars for pivot calculation - STDEV Length: Number of bars for standard deviation...
**GAP UP Detection:** - The current candle’s low must be higher than the previous candle’s high (high ). **GAP DOWN Detection:** - The current candle’s high must be lower than the previous candle’s low (low ). **Visualization:** - If a GAP UP is detected, a symbol appears below the candle with the text "GAP UP," and a label displays the dollar difference...
US Market Real Value Adjusted for CPI and Dollar Index Provides quick access to this formula: (SP:SPX+NASDAQ_DLY:IXIC+TVC:DJI+CAPITALCOM:RTY)/4/(ECONOMICS:USCPI*TVC:DXY*100) Overview: This indicator provides a dynamic view of the US stock market's real value, adjusted for inflation and currency strength. It combines major stock indices including the S&P 500,...
The TradingView script named "75: Notable Financial Crises" visualizes and marks significant financial crises on a financial chart. This script plots vertical lines on the a chart corresponding to specific dates associated with notable financial crises in history. These crises could include events like the Great Depression (1929), Black Monday (1987), the Dot-com...
Overview The High-Low of X Bar indicator allows traders to visualize historical high and low values from a specific number of bars ago directly on the chart. Provides insight into past price action by displaying high, low, and their difference at the most recent bar. Customizable inputs and color settings for labels enhance usability and visual...
Supertrend (Buy/Sell) with TP & SL: An Enhanced Trading Tool This Pine Script indicator combines the popular Supertrend indicator with multiple take-profit (TP) and stop-loss (SL) levels, providing traders with a comprehensive visual aid for potential entries, exits, and risk management. Originality Buffer Zones for Precision: Instead of relying solely on the...
The "Median PE Ratio and Intrinsic Value" indicator is designed for traders and investors who wish to evaluate the intrinsic value of a stock based on a comparative analysis of Price-to-Earnings (PE) ratios across multiple stocks. This tool not only provides insights into whether a stock is undervalued or overvalued but also allows you to visualize the intrinsic...
🔵 Introduction Indicators are tools that help analysts predict the price trend of a stock through mathematical calculations on price or trading volume. It is evident that trading volume significantly impacts the price trend of a stock symbol. The Volume-Weighted Average Price (VWAP) indicator combines the influence of trading volume and price, providing...
The Pure Price Action Liquidity Sweeps indicator is a pure price action adaptation of our previously published and highly popular Liquidity-Sweeps script. Similar to its earlier version, this indicator detects the presence of liquidity sweeps on the user's chart, while also identifying potential areas of support/resistance or entry when liquidity levels are...
Big Candle Highlighter The Big Candle Highlighter indicator highlights significant candles based on their percentage difference between the open and close prices. This tool helps traders quickly identify candles with substantial price movements, which can be crucial for spotting key price action, potential reversals, or significant market events. Key Features:...
Certainly! Here’s an enhanced description of the Gabriel's Relative Unrealized Profit with Dynamic MVRV Histogram indicator with detailed usage instructions and explanations of why it's effective: Gabriel's Relative Unrealized Profit with Dynamic MVRV Histogram Description: The Gabriel's Relative Unrealized Profit with Dynamic MVRV Histogram is an advanced...
Signs are displayed on the chart when the price drops more than 5% from the previous week. Otherwise, the previous week's change is displayed in a smaller size. Buy if it falls 5% or more from the previous week, and do not buy if it does not fall. The sign is for the sole purpose of making it easier to understand. This method is expected to be more effective and...
The "Bias Finder " indicator is a tool designed to help traders identify market bias and trends effectively. This indicator leverages smoothed Heikin Ashi candles and oscillators to provide a clear visual representation of market trends and potential reversals. By utilizing higher timeframes and smoothing techniques, the indicator aims to filter out market noise...
The Tick Time/Speed indicator highlights the latest TradingView feature, Tick Charts (beta) , and aims to provide a visual representation of the speed. 🔶 USAGE 1-minute chart Unlike regular charts, where the time difference between two bars is relatively equal, the time difference between two tick bars can vary. 1T chart 10T chart (ticks...