Simple code for change in Barcolor if the range (high-low) is bigger than the last 5 candles.
Harmonic patterns (only abcd) with variable left side (bars in history) length of pivot points Leftbars = 1 Leftbars = 3 Leftbars = 5 Added S/R levels
A simple script which allows the user to highlight the background of a certain session. At the moment there is only one session available, I will work on multiple highlights for numerous sessions at a later date.
// Deviation rate of Chinese stock market index //The purpose of the indicator is to monitor the Chinese stock market index deviation rate to the 20EMA, so each major index can be observed longitudinally at the same time. //This indicator give signal of which Index or instrument should you be focused and when should you enter the market to get a long or short...
//Relative Strength Index of European and US Stock Index Trends quality //This indicator reveals the relative strength of European and US stock index futures. //take Bull trend as an example , the current closed price>EMA20 value and the current closed price >20th previous bar closed price( deduction price), //it's defined as a lower level bull trend .If the...
Simple oscillator which checks how many highs and how many lows the price is making. Parameters are as explained below: lookback - Checks how many highs and lows it is making in these many bars. Sum of all highs and lows are taken for plotting. periods - Initial period to check high and lows multiples - Number of multiples on initial period for which highs...
Price indicator that shows the trend based on price movement. The indicator determinants when an asset price is getting higher or lower by comparing the previous price highs and lows to the current price. ==Explanation== In case current HL2 exceeds the previous HL2 HIGH then the columns will turn green. In case current HL2 fails the previous HL2 LOW then the...
Experimental: function for inverse and discrete fourier transform in one, if you notice errors please let me know! use at your own risk...
This indicator show the trading session for GMT+8. Might be slight vary with some broker
Smoothed, Simplified, and Color-coded OBV to easily understand the price direction. Primarily uses Price Action, Moving Averages(EMA), and Volume Green Zone is Uptrend Red Zone is the Downtrend. Confirm the direction with other indicators Check multiple timeframes.
Divergence detector on RSI of On Balance Volume. Using a modified script from XaviZ(RSI-VWAP) but instead of VWAP as a source in this script source is OBV, for divergence detector is a script from Libertus. In this version, results are filtered using STOCH oversold or overbought filter from matt_b script MFI Divergence v2. An indicator for entry in choppy markets,...
This study is based on several Price Action parameters of :- • Pivot Points, • Higher High and Lower Lows, • High Low Index , • Support and Resistance. ► How To Use This Strategy? This is a pure scalping strategy and it is advised to use this only with algo trading systems. Due to high trade frequency. ► This Strategy has inbuilt custom time frame backtester,...
Yet another trend follower that is based on a very simple principle: Take the highest high and lowest low from a user defined bars back period, do an average between them and smooth them up with 3 possible moving averages, VIDYA, EMA and SMA, while VIDYA is the default. What is VIDYA ? Variable Index Dynamic Average (VIDYA) is similar to the Exponential Moving...
Hello Traders, This is Bitcoin Bullish Percent Index script. First lets talk about what the Bullish Percent Index and how it is calculated: "The Bullish Percent Index (BPI) is a breadth indicator based on the number of securities on Point & Figure Buy Signals, Developed by Abe Cohen in the mid-1950s. Because a security is either on a P&F Buy or Sell Signal,...
Trend trading algorithms fail in ranging market and Swing trading algorithm fail in trending market. Purpose of this indicator is to identify if the instrument is trending or ranging so that you can apply appropriate trading algorithm for the market. Process: ATR is calculated based on the input parameter atrLength Range/Channel containing upLine and...
This script displays the capitalization of Bitcoin as a percentage of the capitalization of 5 large US corporations: Apple, Microsoft, Amazon, Google, Facebook. According to www.tradingview.com these are (at the current time) the largest US companies.
This script is a revised version of jchang274's Multi-Sub script. Add more feature from the original jchang274 script. 1.Compare 4 US STOCK INDEX ( Dowjones 30/NASDAQ100/RUSSELL2000/S&P500 ) in the same index of percentage of stocks above 20 /50/100/200 days simple moving average. 2. Use 4 index of percentage of stocks above 20 /50/100/200 days simple moving...