Pulu's 3 Moving Averages Release version 1, date 2021-09-28 This script allows you to customize three sets of moving averages, turn on/off, set color and parameters. It also tags the start date of the last set of moving average if there is. This, release version 1, supports eight moving average algorithms: ALMA, Arnaud Legoux Moving Average EMA, Exponential...
Based on the Risk Factor This indicator shows the current Risk state of the market. Historically, a high risk number was followed by a downtrend (to not say crash) in the market. The indicator has 2 configuration options : Show Historic and Show Scale - When Show Historic is checked, a new column is showing with the 3 last market crashes and what was the Risk...
The Mannarino Market Risk Indicator is an easy way to measure market risk for stocks. It considers the value of the dollar and the prevailing yield on the dollar to surmise risk of exposure to the equity market. A lower value represents a lower risk environment for stocks. A higher value represents a higher risk environment for stocks. Default water marks...
I just read Ehler's article (Stocks & Commodities V. 39:10 (20–23): Cycle/Trend Analytics And The MAD Indicator) and decided to modify his original idea a bit by taking the volume into account. Ehlers' "MAD indicator" compares two averages of different lengths, but this script compares two different averages (SMA and New WMA, weighted by volume) with the same...
The Peak Activity Levels indicator displays support and resistance levels from prices accompanied by significant volume. The indicator includes a histogram returning the frequency of closing prices falling between two parallel levels, each bin shows the number of bullish candles within the levels. 1. Settings Length: Lookback for the detection of volume...
A simplistic Buffett Indicator that shows the ratio of total US stock market valuation to GDP. Lines are plotted to represent 50%, 100%, 150%, and 200% of GDP. All plotted lines can be hidden to suit your own needs.
A version of the popular "Moving Average Ribbon" or "Guppy" indicators, except nearly everything about it is user selectable. The user can change the source, period, and type of moving average used for every single line on the chart. Note: The visuals are fairly intensive and may take a moment to catch up after adjusting settings. Credit: This script utilizes...
This is a simple script to add highlighted lines on the daily open. It uses UTC as timezone.
Author: Hajixde This indicator illustrates the High-to-Low variation. It works nicely on shorter time frames. The index value is calculated based on the observation length (Memory Length). By changing this input, you can have a wider or shorter observation range. MA Length is the moving average filter length, which smooths out the signal. There is an additional...
I am new to both Futures Trading and Pivots. Looking for shorter-term profitable opportunities, I have investigated the use of pivots from a higher timeframe. All the work of this script is performed using two lines. It calculates the pivot from the previous 2-hour bar and draws this pivot line on the 5-minute timeframe. Many many times, the price will reach back...
Daily AP index back to 2015-01-01. Geomagnetic disturbances can be monitored by ground-based magnetic observatories recording the three magnetic field components. The global Kp index is obtained as the mean value of the disturbance levels in the two horizontal field components, observed at 13 selected, subauroral stations . The name Kp originates from...
This script finds swing lows and swing highs based on input criteria for lookback and lookforward periods, and plots letters accordingly. Helps identify trend or lacktherof HH = higher high LH = lower high HL = higher low LL = lower low
Creates any multitimeframe level and marks opens, highs lows and midpoints Comes with labels (hidable) Works on Bar-by-bar replay Customizable color! The default 3 ranges are weekly, monthly, and quarterly in that order. If you want to change the labels change it in the code... or just hide them. Big thanks to @spacemanbtc @Kriswaters for the code (levels and...
This is zigzag based double top/bottom indicator. Code is same as : Double-Top-Bottom-Ultimate But, republishing it to make it available open source. Double Top: Recognition - Checks on Zigzag if LH is followed by HH Confirmation - When low crosses under last lower pivot point on zigzag Invalidation - When high crosses over HH Double Bottom: ...
Hello All, The said script plots MarketProfile of previous Session. Additional Feature is that we can plot Developing pocLine on realtime basis. The script plots Va High, Va Low and Point of Control of previous session, which becomes reference for tracking the price behavior in next session. Hope this can be further developed to include the Characters on the...
The Stepping Moving Average Channel (SMAC) is not an indicator - It is more of a trading tool that was put together to enable a trader to take advantage of relatively fast price moves with quick incremental gain - maybe by exploiting opportunities to trade basic options (Calls, Puts) or to help with in/out-type swing trades. This is more a price-level...
The Moving Average Difference Indicator was created by John Ehlers (Stocks and Commodities Oct 2021 pg 23) and this is essentially his version of the famous MACD indicator. He calls this indicator the "thinking mans" MACD because his thought process for creating the lengths is based on half of the period of the dominant cycle. These are the default lengths that he...
This script aims to show elephant and shootingstar candles. Body for elephant are at least 70% of the whole candle. Shootingstar have a body of 35% times the lenht of the full candle. Both are searched with 1.3 Standard Deviations as noise within 100 bars. Colors are ploted if closes above/below 200 SMA