█ OVERVIEW This indicator automatically projects parallel trendlines or channels, from a single point of origin. In the example above I have applied the indicator twice to the 1D SPXUSD. The five upper lines (green) are projected at an angle of -5 from the 1-month swing high anchor point with a projection ratio of -72. And the seven lower lines (blue) are...
█ OVERVIEW This indicator automatically projects trendlines in the shape of a fan, from a single point of origin. In the example above I have applied the indicator twice to the 1D SPXUSD. The seven upper lines (green) are projected at an angle of -5 from the 1-month swing high anchor point. And the five lower lines (blue) are projected at an angle of 10 from...
The CoffeeShopCrypto 3pl MA indicator is a technical analysis tool that uses three different moving averages to identify trends in the price of an asset. The three moving averages have lengths of 12, 26, and 50. If these numbers sound familiar its because they are based off the standard of the MACD indicator, and can be either simple moving averages (SMA) or...
Introduction The Adaptive Fusion ADX DI Vortex Indicator is a powerful tool designed to help traders identify trend strength and potential trend reversals in the market. This indicator uses a combination of technical analysis (TA) and mathematical concepts to provide accurate and reliable signals. Features The Adaptive Fusion ADX DI Vortex Indicator has...
Relative Strength (RS) is an Indicator which measures a Stock's performance as compared to a Benchmark Index or another Stock. For example: RS will tell you whether “A” is increasing more or less than “B” in any market condition. It is one of the tools which is best suited for Momentum Investing. How RS can be used as a Momentum Indicator: RS is used in...
What is a Cluster Filter? One of the approaches to determining a useful signal (trend) in stream data. Small filtering (smoothing) tests applied to market quotes demonstrate the potential for creating non-lagging digital filters (indicators) that are not redrawn on the last bars. Standard Approach This approach is based on classical time series smoothing...
█ OVERVIEW This indicator uses peak and trough prices to calculate the moving average resting point and plots it as a line on the chart. The lookback length is variable and the indicator can plot up to three lines with different lookback lengths and colors. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price...
█ OVERVIEW This indicator automatically draws higher timeframe Fibonacci levels from current peak to current trough or current trough to current peak, depending on where the current wave cycle ends. In the example above I have set the higher timeframe resolution to 1-month and applied it to a daily chart. █ CONCEPTS Green and Red Candles • A green...
█ OVERVIEW This indicator automatically draws Fibonacci levels from current peak to current trough or current trough to current peak, depending on where the current wave cycle ends. █ 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...
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...