TGIF - "Thank God it's Friday" After a heavily bearish week (tuesday, wednesday and thursday) price sometimes looks for some retracement on fridays. Vice versa for bullish weeks. This script shows how often that specific scenario happens and displays that data in a table. The user has the option to input a starting year for the statistic and is able to filter...
Dear Tradingview community, I'd like to share one of my staple indicators with you. The volatility depth indicator calculates the volatility over a 7-day period and plots it on your chart. This indicator only works for the DAILY chart on BTC/USD. Colors I've color coded the indicator as follows: - Red: Extreme Volatility - Orange: High Volatility - Yellow:...
This indicator has been made to get a statistical edge. It has two different options. Weekly High/Low or Daily High/Low Weekly High/Low - use this on Daily Chart This option plots a table, that shows how often the High/Low of the Week has been made on certain Days of the Week. It is possible, to only filter bullish/bearish weeks, to have more precise...
Alpha-Numerologia is our latest generation of market analytical tools, built completely from the ground up using a new cutting-edge mathematical formula, designed by the Alien Crew team. The purpose of this tool, is to tap into the mathematics behind the market prices themselves, in order to extrapolate areas where the price is likely to find support or...
The DB ZEMA indicator is a no repaint indicator that is designed to local trends and local tops/bottoms. Since the indicator does not repaint, decisions can be made upon bar/period OPEN. That means, when the indicator turns red indicating a market top is finished, then a decision can be made to close at the OPEN of that period. Likewise, when the indicator turns...
Description: The Open Interest (OI) is a valuable metric that gets released at the end of each trading day. This metric represents the number of outstanding futures contracts held by market participants for a given commodity or market The concept of utilizing the OI data as a strategic trading tool was first introduced by Larry Williams : Rise in Price...
The DB ZPS RSI indicator is a designed to detect tops and bottoms using a zero lag smoothed RSI. This indicator has been specifically designed not to repaint by default. Which means the value at the opening of the bar will not change and can be used at the start of the period to make trading choices. The RSI line has 4 different colors: - Red = Sell Zone -...
The Market Cycle Indicator is a tool that integrates the elements of RSI, Stochastic RSI, and Donchian Channels. It is designed to detect market cycles, enabling traders to enter and exit the market at the most opportune times. This indicator provides a unique perspective on the market, combining multiple strategies into one unified and weighted approach. By...
V2 Indicator: A Unique Indicator Combining Percentage Level and 5MWAP V2 Indicator is an innovative trading tool developed by Najoomi Ji. It incorporates a combination of percentage levels and the 5MWAP (5 Moving Weighted Average Price) to provide valuable insights into market trends. The concept of percentage chart trading was inspired by the late Gurbachan...
No lag estimation of the buying/selling pressure for each candle. ---------------------------------------------------------------------------------------------------- WHY PreCY? How much bearish pressure is there behind a group of bullish candles ? Is this bearish pressure increasing? When might it overcome the bullish pressure? Those were my questions...
This is an original script based on a very old idea called the Benner Theory from the Civil War times. Benner discovered a pattern in pig iron prices (no clue what those are), and this turned out to be a parallel idea to indicators based on Fibonacci numbers. Because a year is 365 days (nearly 377, which is a Fibonacci number), made up of 52 weeks (nearly 55,...
TRADINGVIEW IMAGE IS NOT DISPLAYING THE TOOL CORRECTLY, CHECK OUT THE IMAGES BELOW! Description: A Seasonal Tendency is a historical pattern or roadmap that reflects how price action has behaved in the past during specific time periods, usually on a monthly basis. It is not an absolute guarantee of future price movements, but rather a general rule of thumb to...
This indicator highlights the Overnightsession (ONS), taught by TheCurrenyMerchant. The Overnightsession is from 4-8 am UTC-5. This session can be used to form trades, e.g. after one side has been taken out. It has the options to display Projection and the equilibrium level. Equilibrium level (50%) can be used to identify if price is currently in premium/discount...
Predicting tops and bottoms in any market is a challenging task, and the Bitcoin market is no exception. Many traders and analysts use a combination of various indicators and models to help them make educated guesses about where the market might be heading. One such metric that can provide valuable insights is the Bitcoin cost per transaction indicator. Here's...
By examining the intersections of the average price in the past, this indicator identifies points as support and resistance, according to which it determines a diagonal line to the last average price in the future. As you can see in the picture, these points are more important than floors and ceilings, and they can be cited more According to the 360-period cycles...
Just an easy to use time based indicator that allows you to track ICT London Open Killzone, New York Open killzone, AM session Silver Bullet time window & PM Session Silver Bullet Time Window, and last but not least the Last Hour of trading which often has nice moves.
Title: Digital Root 9 Indicator Description: The Digital Root 9 Indicator is a custom TradingView tool that identifies all times in which the digital root of the current time is 9. The digital root is calculated by summing the digits of the current time and then continuing to sum the resulting digits until a single digit is obtained. For instance, the time 3:33...
This Seasonality indicator is meant to provide insight into an asset's average performance over specified periods of time (Daily, Monthly, and Quarterly). It is based on a 252 trading day calendar, not a 365 day calendar. Therefore, some estimations are used in order to aggregate the Daily data into higher timeframes, as we assume every Month to be 21 trading...