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...
I'm happy to present an implementation of the Fast Fourier Transform (FFT) algorithm. The script uses the FFT procedure to decompose the input time series into its cyclical constituents, in other words, its frequency components , and convert it back to the time domain with modified frequency content, that is, to filter it.
Input Description and...
This indicator shows the distance between the current price and the Moving Average price.
Show the distance between price and Moving Average (Read Distance Calculation for more information)
Show Historic Highs and Lows
Show Highest High and Lowest Low
Show current Highest High, current Lowest Low and current distance
This study is an experiment designed to identify market phases using changes in an approximate Hurst Exponent.
The exponent in this script is approximated using a simplified Rescaled Range method.
First, deviations are calculated for the specified period, then the specified period divided by 2, 4, 8, and 16.
Next, sums are taken of the deviations of each period,...
This implements the Even Better Sinewave indicator as described in the book Cycle Analysis for Traders by John F. Ehlers .
In the example I used 36 as the cycle to be analyzed and a second cycle with a shorter period, 9, the larger period tells where the dominant cycle is heading, and the faster cycle signals entry/exit points and reversals.
It’s no secret that trading sessions play a massive role in market movement and liquidity. We can clearly see in the image about how important identifying international trading hours are for a trader.
The Asian session starts around 1am GMT and often has a bearish bias through this session lasting for a few hours, after which Frankfurt and London...
This is a band based on Z Score. What is Z Score? In layman's terms it's a method of finding outliers within a sequence of numbers. It's highly effective to quantify pump and dumps in the crypto market.
The middle line is a simple Exponential Moving Average, you can configure this with whatever period you prefer. It comes default with a period of 247 to...
This script aims to encompass the style of Traders Reality, Steve M (BTTM), and Stacey Burke (youtube)
yesterday and last wk high and low
Custom watermark with examples (good for fullscreen multicharts)
can set it to show the year and week x of year
Colored candles for ays of week.
The theory behind these colors are that monday and tuesday set your...
Physics Candles embed volume and motion physics directly onto price candles or market internals according to the cyclic pattern of financial securities. The indicator works on both real-time “ticks” and historical data using statistical modeling to highlight when these values, like volume or momentum, is unusual or relatively high for some periodic window in...
This is an example of what can be done by combining Legendre polynomials and analytic signals. I get a way of determining a smooth period and relative adaptive strength indicator without adding time lag.
This indicator displays the following:
The Least Squares fit of a polynomial to a DC subtracted time series - a best fit to a cycle.
Modified Mannarino Market Risk Indicator
MMRI = DXY * 10Y Yield
MMMRI = MMRI * (Debt/GDP)
Green ~ Low Risk
Yellow - Mod Risk
Red - High Risk
Purple - Extreme Risk
Bubbles Formula (MMMRI_DK)
DXY*(10Y + FED Rate)* (Shiller P/E Ratio) * (Warren Buffet Indicator)*(Debt/GDP) /1.61
Similar to the Shiller P/E Ratio - you need to...
Financial astrology is a branch of mundane astrology that research the correlations of planet cycles with market prices, this indicator developed by the Financial Astrology Research Group provides the visualization of the Sun Tropical Zodiac Longitude to support that astrology traders can study multiple markets within the powerful Trading View UI to detect...
Preface: I'm just the bartender serving today's freshly blended concoction; I'd like to send a massive THANK YOU to all the coders and PineWizards for the locally-sourced ingredients. I am simply a code editor, not a code author. Many thanks to these original authors!
Source 1 (Aug 8, 2019):
Source 2 (Aug 11, 2019):
About the Indicator: The term yield curve...
Displays trading sessions in a very flexible way.
The main intention of this indicator is to give a way to display market sessions with your own style preferences and expectations and achieve cleanness of your chart.
This indicator allows to show up to 6 sessions plus day session. Time range of the sessions are set in timezone you choose. Mostly all settings can...
Seems that Mercury in extreme declinations above or below 21 tends to produce trend turning points. When the points where the declination reverse from maximum or minimum value are observed, could be noted that in BTCUSD it correlates quite close with trend turning points.
This financial astrology rule needs to be researched in different markets, if you find...
This was a simple indicator to indicate the heatmap area of an asset price, in a relative given time period. In default the lookback period was set to 50 bars, indicating the current state of the price within the previous lookback period. The color scheme was using the rainbow palette, which set blue as the cooling-off area, and red as the heating...