This script is a tool to mark the high and low of the most recent first Friday of the month. The significance of that day is that’s when the Bureau of Labor Statistics reports the Non Farm Payrolls (NFP) for the month prior. This number includes how many jobs were added that month, the unemployment rate, and labor force participation rate to name a few. It is...
The MTF Volume Flow Indicator (MTF VFI) is an advanced and versatile tool that enhances market analysis by tracking the flow of volume across multiple timeframes. By integrating volume flow with multi-timeframe analysis, this indicator provides traders with a comprehensive understanding of market trends, momentum, and potential reversals. Key Features ...
Overall Logic : The script is designed to help traders visualize and analyze price movements on the chart, where each 1% movement is highlighted with a corresponding symbol. Additionally, the table helps track and analyze the number and length of consecutive price movements in one direction, which can be useful for identifying trends and understanding market...
Entropy in Technical Analysis Using TradingView Slide 1: Title Entropy in Technical Analysis Using TradingView Introduction to the concept of entropy Application in technical analysis Understanding the use of entropy as a market indicator Slide 2: What is Entropy? Definition and Origins: Entropy originates from thermodynamics and information theory. In...
Tare's Multi-Timeframe Market Heatmap is a powerful tool designed to help traders quickly gauge market sentiment across multiple timeframes using a combination of RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) indicators. This indicator analyzes four customizable timeframes to determine whether the market is bullish or bearish,...
This Pine Script indicator calculates the difference between the price and a main moving average (SMA or EMA), allowing you to track deviations in either absolute or relative (percentage) terms. It offers several features to help visualize and smooth this difference: - Main MA Difference: Shows the price deviation from the moving average, either as an absolute...
Big Volumes Highlighter Overview: The "Big Volume Highlighter" is a powerful tool designed to help traders quickly identify candles with the highest trading volume over a specified period. This indicator not only highlights the most significant volume candles but also color-codes them based on the candle's direction—green for bullish (close > open) and red...
Decline and Rise Detective TradingView Indicator (Best Timeframe: 1H or Higher) 1. Introduction The "Decline and Rise Detective " is a TradingView indicator designed to identify the hours within a trading day that experience the largest price declines and rises. This indicator provides a visual representation of this data, offering traders valuable...
Percentage Change Indicator This indicator calculates and displays the percentage change between the current close price and the previous close price. It provides a clear visual representation of price movements, helping traders quickly identify significant changes in the market. ## Formula The percentage change is calculated using the following...
Session Highlighter Script This Pine Script highlights the major trading sessions on your chart with distinct background colors and markers: - Asian Session: From 22:00 to 06:00 UTC (Tokyo Open to Close), highlighted in blue. -European Session: From 07:00 to 15:00 UTC (London Open to Close), highlighted in green. -U.S. Session: From 13:00 to 21:00 UTC (New York...
this Indicator will give Buy and sell sigansl in 5 min time frame better use with CPR to avoid false entries
Explanation: Crossover Detection: We detect the crossover of the 20-period and 50-period moving averages using ta.crossover(). Tracking Price Movement: After the crossover, we start tracking the price to check if it moves up or down by 2%. If an up movement occurs before a down movement, we increment the positive counter. If a down movement occurs first, we...
//@version=5 indicator("Candlestick Branco com Volume e Divergência RSI", overlay=true) // Parâmetros length = 11 // Período da SMA volume_ma = ta.sma(volume, length) // Cálculo da SMA do volume rsi_length = 14 // Período do RSI // Calcular RSI osc = ta.rsi(close, rsi_length) // Condição para volume acima da SMA de 11 períodos volume_above_ma = volume >...
ripple geriye dönük strateji. xrp üzerinde işlem yaparsam karlı çıkar mıyım yoksa zarar mı edeceğim diye bir kod yazdım. bu kodu denemek için yükledim
Script Description: Multiple SMA, EMA, and VWAP Crossovers with Alerts Overview The "Multiple SMA, EMA, and VWAP Crossovers" script is designed for traders who want to monitor various simple moving averages (SMAs), exponential moving averages (EMAs), and the volume-weighted average price (VWAP) to identify potential buy and sell opportunities. This script...
//@version=5 indicator("Candlestick Branco com Volume e Divergência RSI", overlay=true) // Parâmetros length = 11 // Período da SMA volume_ma = ta.sma(volume, length) // Cálculo da SMA do volume rsi_length = 14 // Período do RSI // Calcular RSI osc = ta.rsi(close, rsi_length) // Condição para volume acima da SMA de 11 períodos volume_above_ma = volume >...
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