The " Control Your Emotions Reminder" script is a valuable tool for traders, helping them to monitor and manage their emotions during trading. By showcasing a list of typical emotions on the chart, this script aims to increase awareness of the emotional traps that can adversely affect trading outcomes. Traders can utilize this reminder to stay focused and...
The XLY/XLP ratio is a financial indicator that measures the ratio between the two ETFs (Exchange Traded Funds) Consumer Discretionary Select Sector SPDR Fund (XLY) and Consumer Staples Select Sector SPDR Fund (XLP). This ratio is often used by traders and investors as a measure of the relative success of companies in the consumer goods and consumer services...
This indicator will show the middle price of the first one-minute candle of BankNifty at 9:15 AM for every day.
A vertical line plotting function is missing in Pinescript. This is another method to plot vertical line on a chart, and an improvement on my previous script "vertical lines" . The script hacks the plotcandle function to display just the wicks without the body. This hack simulates a vertical line. The body of the candle is non-existing since the open and close...
tool for calculate drawdown and run-up from order open and close 用來計算潛在獲利跟虧損的工具 導入指標然後拉取範圍,工具會幫你計算到目前為止曾經最大的獲利或虧損點數 注意點數根據當下券商的最小值(symbol.min_tick)而有所不同 -- Tool is for the convenience of use, users should bear all risks for their investment decisions. The tool information is for reference only and does not provide any...
Does RSI Follow a Normal Distribution? The value of RSI was converted to a value between 0~2, 2~4, ..., 98~100, and the number of samples was graphed. The Z values are expressed so that the values corresponding to 30 and 70 of the RSI can be compared with the standard normal distribution. Additionally, when using the RSI period correction function of the 'RSI...
This is the Global Monetary Supply M2 of the richest and most populous countries that have info from at least 2008 It is measured in USD (converting the M2 of each of the countries respective currencies and virtually converting them into USD) This is less than the global liquidity as it does not include the countries' assets in other currencies (on their balance...
This indicator compares the Global (world) Monetary Supply (measured in USD) compared to the Global GDP. This can be useful to measure the "money printing speed" of the world compare to the "world gdp growth", the higher the slope (angle of growth) the more money printing. It includes the exact same countries of the Global M2 indicator (done by me), to make...
Just a simple indicator for refining the standard method of finding Pivot highs & Lows; Allowing user to filter-out weak/flat/rounded Pivot highs/lows -Aim of this is to get pivot highs & pivot lows coded to print more in line with what the eye would naturally be drawn to as an obvious pivot high/low. -This uses local moving average around the pivot high/low...
News about the yield curve became pretty crucial for all the trades in the last year. So in the team, we decided to implement a nice widget that will allow you to track the current yield curve in your chart directly. It's possible to compare the current yield curve with past yield curves. You can choose to display the number of curves weeks, months, and years...
NSE:BANKNIFTY Hello traders, This indicator shows you 5 different types of signals which servers different roles while taking the trades. Thses signals are being drawn by calculating the average of OHLC values and MA's. Indicator works in any time-frame and on any chart(Indices, stocks, crypto, forex, futures , bonds) which shows OHLC values. How to use...
This script retrieves the close price data for Bitcoin, DXY, CPIAUCSL, M2 money supply, and SPX and calculates the average of the four data points. It then calculates the relative value of Bitcoin by dividing the Bitcoin close price by the average of the four data points. The script determines whether the relative value is increasing or decreasing and plots the...
In this script, we define the symbols we want to compare Bitcoin to, and the timeframe we want to use. We then calculate the correlation coefficient between Bitcoin and each symbol over a 20-bar period. Finally, we plot the correlation signals for each symbol and set threshold lines at 0, 1, and -1 to indicate positive, neutral, and negative correlations.
This script is helps giving detailed information about the portfolio. Prominent features of this portfolio tracking indicator are: - Chart of your portfolio: This portfolio tracker let’s you view the chart of your portfolio real-time. - Visualized Profit/Loss: Indicator will let you know of your profit and loss on the chart. - In-Depth Monitoring: Most Gained...
Indicator for constructing levels of price ratios from other tickers. The user can choose from predefined tickers such as Gold(XAU), DXY, BTC, etc. How it works: Takes the important extremum of the closing candle from your current chart and builds a level based on the chart selected in the settings. This function allows you to determine the price level...
The Strat indicator is a full toolkit regarding most of the concepts within "The Strat" methodology with features such as candle numbering, pivot machine gun (PMG) highlighting, custom combo highlighting, and various statistics included. Alerts are also included for the detection of specific candle numbers, custom combos, and PMGs. 🔶 SETTINGS Show Numbers...
This indicator transmits signals from another indicator panel to the main panel through the chart. It may be suitable when it is not possible to use the main indicator with the "overlay=true" attribute. For the script to work, the input signal must be "1" for BUY and "0" for SELL. Alternative words: transmit signals, send, connect, broadcast, copy signals,...
█ OVERVIEW The indicator analyses the volatility and reports statistics by the time of day. █ CONCEPTS Around the world and at various times, different market participants get involved in the markets. How does this affect the market? Knowing this gets you better prepared and improves your trading. Here are some ideas to explore: When is the...