This indicator shows when the US 3 Month treasury yield goes above the 10 year yield.
Support Band to follow Trends. We can see clear where price is Trading. Observe how moving averages are developing or aligning to change trend or continuation. Green up trend vs Red Down Trend Band 1 8EMA Green Line vs 10SMA Light blue Line Band 2 21EMA Orange Line vs 30 SMA Brown Line Also includes 1 SMA Gray line for closing when you're looking at weakly...
Fair Value Gaps are a hugely popular concept and because of that there are numerous indicators available. This one however, was designed to automate the process of actually using them in trading. Designed with lower time frame entries in mind (though will work on HTF just as well), this indicator automatically draws the closest, non-mitigated FVG, to the current...
ATR + CPR + EMA + Pivot all useful indicators are involved in this
Like the 1st derivative, the 2nd derivative is also made out as dynamic. As in, instead of using close-open. Good-Luck, and if you spot something you'd like to add, make it so! As per the display, the circles are set in color black, at 0%, and a Smooth MA overlay to represent the average.
This script shows how first derivative is calculated from a 'dynamic-perspective'. Normally, you'd use: (close-open)/open x 100%. Unfortunately, i believe experience shows us, this puts you at a disadvantage, since the markets are moving continuously. As per the display, the circles are made black, at 0%, and a smoothed-MA is made as an overlay.
Middle Line Ichimoku cloud for my friend and me The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find...
Advanced Donchian Channels displays future donchian channel values based on the current information on the chart. It displays a normal donchian channel at the specified user length with the future values extending from the current bar. Depending on the direction of price movement, these values do not repaint. It is known when it does and does not repaint, and the...
This script is just for reference to see the trading range. Do not use this strategy logic, it is just Test strategy. The trading range is colored depending on whether it is profitable or not. You can change the color if you want. When you declare the strategy, put (process_orders_on_close=true,calc_on_every_tick=true, max_boxes_count=500) in your script. Then it...
One-stop shop for all your divergence needs, including: (1) A single metric for divergence strength across multiple indicators. (2) Labels that make it easy to spot where the truly strong divergence is by showing the overall divergence strength value along with the number of divergent indicators. Hovering over the label shows a breakdown of each divergent...
An implementation of the "Coppock Unchanged" plot concept by Tom McClellan. Simply put, assume that for each bar, an alternative close creates a Coppock Plot that is unchanged , i.e. a close that generates a flat coppock curve. This coppock unchanged plot can be used to: 1) identify a start of a trend on a long timescale (monthly) when the price goes above...
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...
Decsription: Auto-Cointegration-Based Pair Trading Strategy (revised version) To review, there are three popular styles of Pair trading: distance-based pair trading, correlation-based pair trading and cointegration-based pair trading. Typically, they require preliminary statistical estimation of the viability of the corresponding strategy. Basically a pair trade...
This educational script contains different examples regarding lines , linefill , labels & boxes First part shows the use of array.new() without first retrieving line.new() which then are put in a linefill.new() At every start of the week a linefill.new() is added with the top line being previous Weekly high , and the bottom line being previous ...
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 - (...
From getting several requests to combine many of my indicators into one, this indicator plots everything you need for a Daily Profile. 1. Session = Current session + Daily dividers + day of the week 2. Open Lines = Plot the open of the day, midnight, week and month 3. Asian Range = Plots the asian range with an option for midpoint and extending lines 4. Previous...