The indicator calculates a fast price filter based on the closing price of the underlying asset. Overall, it is intended to provide a fast, reliable way to detect trend direction and confirm trend strength, using statistical measures of price movements.
The algorithm was adapted from Marcus Schmidberger's (2018) article "High Frequency Trading with the MSCI World...
The indicator allows you to quickly compare business growth rates (by default, earnings per share, EPS) and stock prices to determine overbought or undervalued.
The financial parameter as a percentage fits together several years ago, by default 5, and displays the dynamics. To date, it allows you to see how much the price is higher or lower than fair. The lag in...
Japanese below / 日本語説明は英文の後にあります。
Based on "ZigZag++" indicator by DevLucem. Thanks for the great indicator.
This indicator that displays the candle count (bar count) at the peaks of Zigzag .
It also displays the price of the peaks.
You can easily count candles (bars) from peak to peak. Helpful for candles (bars) in cycle theory.
The indicator displays the percentage of bullish days with a given date over several years.
This allows you to determine the days of the year when the price usually goes up or down.
Indicator has a built-in "simple moving average" shifted back by half a period, due to which the delay of this smoothing is removed.
Check on balance volume but with crossover. You can choose the smoothing method, which is set by default to use the Volume Weighted Moving Average (bringing volume to the equation is always a good idea) but you can change to SMA, MA, EMA, ...
Hope you guys enjoy it and don't forget to rate it up! :)
I plan to include % from 0-100 OBV in here later! Stay tuned....
Defining Range DR and Implied Defining Range IDR for regular Session and overnight Session
This script is showing the IDR and DR for the regular trading session and for the overnight session based on the rules from the creator of the DR/IDR concept.
It works for all major Forex Pairs, BTC, ETH and the US Equity indices. This concept is based on rules and has a...
If you have been studying the markets long enough you will probably have noticed a certain pattern. Whichever trade entry/exit logic you try to use, it will go through phases of working really well and phases where it doesn't work at all. This is the markets way of ensuring anyone who sticks to an oversimplified, one-dimensional strategy will not profit....
Do you have a difficult time remembering high-impact news events throughout the trading week? Now there is an indicator that allows the user to put labels directly on their charts at specific times in the future so news events won’t sneak up on the user.
The “High Impact News” TradingView indicator by Infinity Trading gives the user complete...
Cyclic Smoothed Relative Strength Indicator
The cyclic smoothed RSI indicator is an enhancement of the classic RSI , adding
additional smoothing according to the market vibration,
adaptive upper and lower bands according to the cyclic memory and
using the current dominant cycle length as input for the indicator.
The cRSI is used like a standard...
The Fed Net Liquidity indicator is a concept discovered by Max Anderson to calculate the fair value of SPX (S&P 500 Index).
The formula he shared on Twitter uses the Fed Balance Sheet, TGA (Treasury General Account), and Reverse Repo.
Net Liquidity = Fed Balance Sheet - (TGA + Reverse Repo)
The data for each component above is accessible on the FRED...
Psychology of a Market Cycle - Where are we in the cycle?
Before proceeding with the question "where", let's first have a quick look at "What is market psychology?"
Market psychology is the idea that the movements of a market reflect the emotional state of its participants. It is one of the main topics of behavioral economics - an interdisciplinary field...
Updated script for jlb05013's original Fed Net Liquidity Indicator. TradingView was bringing in the FRED data in different units than they used to. This code fixes it.
This indicator aims to present a "Net Liquidity" indicator comprised of the Fed Balance sheet , less the TGA account and Overnight Reverse REPO agreements.
Net Liquidity = Fed Balance Sheet - (...
Shows the highest probability daily high and low for the New York session in its first hour.
Then detects the trend in which this session is likely to move during the day.
This script will use the first hour of NY session (9:30 am to 10:30 am) to determine the Defining Range between that range's highest high and lowest low.
It will also determine the Implied...
This is a re-implementation of @veryfid's wonderful Tesla Coil indicator to leverage basic Machine Learning Algorithms to help classify coil crossovers. The original Tesla Coil indicator requires extensive training and practice for the user to develop adequate intuition to interpret coil crossovers. The goal for this version is to help the user understand the...
Adaptive Ultra-Smooth Momentum indicator
The Cycle-Swing-Indicator "CSI" provides an optimized "momentum" oscillator based on the current dominant cycle by looking at the swing of the dominant cycle instead of the raw source momentum. Offering the following improvements:
Sharpness at turning points
Robust and adaptable to market...
How to detect the current "market beat" or market cycle?
A common way to capture the current dominant cycle length is to detrend the price and look for common rhythms in the detrended series. A common approach is to use a Detrended Price Oscillator (DPO). This is done in order to identify and isolate short-term cycles.
A basic DPO description can be found...