Level: 2 Background John F. Ehlers introuced SwamiCharts RSI in his "Cycle Analytics for Traders" chapter 16 on 2013. Function SwamiCharts retain the core functionality of the technical indicators with which you're already familiar, while packing much more information into an easy-to interpret heat map chart. With SwamiCharts, you now visualize each...
So far the most widely used moving average with an adjustable weighting function is the Arnaud Legoux moving average (ALMA), who uses a Gaussian function as weighting function. Adjustable weighting functions are useful since they allow us to control characteristics of the moving average such as lag and smoothness. The following moving average has a simple...
Graham Number is named after the “father of value investing,” Benjamin Graham, who was a mentor of Warren Buffett. The figure takes into account earnings per share and book value per share to measure a stock's maximum fair market value. In other words, it is the upper end of the price range that a defensive investor should pay for the stock. The Graham Number =...
Equivolume bars. Width is determined by volume. Please note that equivolume bars are rendered independently of the time scale. Makes use of @LonesomeTheBlue's "Start the Script on Last Nth Bar" in order to prevent time out. As such you are only able to view the most recent bars and no bar replay beyond that range.
Having Fun with Arrays. I couldn't load all of the images into their respective arrays without getting an "Internal Pine error" So I commented out some of them. You can pop them back in, but make sure to disable another in its place. Vader Pine Logo &hearts Bitcoin pAulse
Functions for drawing custom metric speedometers. See code for notes.
Very simple script with no security MTF that show RSI buy and sell force blue above red =bullish period red above blue =bearish period or you can try above 0 or bellow 0 as signal if you want i will add signal after to this one
This script creates candles based on an aggregated Index price from various BTC exchange tickers. Since the early years in particular have a lot of exchange specific flash crash wicks, missing data, erraticness compared to other exchanges particularly in their first few months, this is an attempt to clean up the price history, be it for TA (trendlines, S/R etc.)...
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,...
Deriving the indicator: PAI is an indicator I created that tells you the probability of current price moving a specified ATR distance over a specified number of periods into the future. It takes into account 4 variables: the ATR & the standard deviation of price, and the 2 parameters: ATR distance and # bars (time). The formula is very complex so I will not be...
This is an experimental study designed to reverse engineer price levels from centered oscillators at user defined sample rates. This study aims to educate users on the process of oscillator reverse engineering, and to give users an alternative perspective on some of the most commonly used oscillators in the trading game. Reverse engineering price levels from an...
One challenging issue for beginner traders is to differentiate market conditions, whether or not the current market is giving best possibility to stack profits, as earliest, in shortest time possible, or not. On intraday, we've seen some big actions by big banks are somewhat can be defined --or circling around-- by HMA 200 . I've been thinking on to make the...
This is a linear trend indicator that can: - automagically adjust to different chart resolutions - snap to day/session boundaries on intraday - totally not do the above and use ye olde good fixed lookback window - show the regression trend and its RMSE channels - disregard the trend and just show the period average and standard deviation lines (often acting as...
I have been sitting on this for over a year, but I now present this "Voss Predictive Filter" multicator employing PSv4.0 upon initial release, originally formulated by the great and empowering Dr. John Ehlers for TASC - August 2019 Traders Tips. This is a slightly modified version of the original indicator John Ehlers designed. My improved implementation is an...
How it begin? Traders and investors use market breadth in order to assess the index’s overall health. Market breadth can be a reliable, if not an accurate, indicator of an upcoming price rise in the index. Similarly, it can also provide early warning signs for a future price decline. What is it? Market breadth indicators analyze the number of stocks advancing...
A modification of the TV builtin "Divergence indicator" (Version 10) that can be applied to any indicator, and can be plotted on price as well. Usage: Add your favorite oscillator, RSI, Klinger, TSI, CMF, or anything else to a chart. Click the little ... (More) on the oscillator. Then add this indicator "Divergence Indicator (any oscillator)" on your oscillator...
The purpose of this indicator is to provide an easy-to-read binary dashboard of where the current price is relative to key dynamic supports and resistances. The concept is simple, if a dynamic s/r is currently acting as a resistance, the indicator plots a dot above the histogram in the red box. If a dynamic s/r is acting as support, a dot is plotted in the green...
Hello Traders, This script can show (upto) 3 candles of another time frames without changing chart time frame realtime . You can choose the time frame and number of candles in the options. You have option to change body and wick colors as well. in this example number of candles is 2: You can set body and wick colors: In this example, weekly candles are...