This is the Matrix oscillator made by glaz. So credit goes to him.
I made some minor modifications to it:
1. added a zeroline
2. added 3 options to color bars/candles depending on:
- if the oscillator is above/below 0
- if it's oversold/bought*
- if the matrix has a green bar or a red
That's all :)
The Matrix is meant to trade sideward trending markets with intrinsic values (unlikely to move outside upper and lower boundaries) like Silver and Tbonds, to name a few.
The Matrix is is not affected by unforeseen market conditions and biased expectations, it simply buys low and sells high and it has proven to be more profitable when price gaps occur.
This is an experimental study designed to calculate polynomial regression for any order polynomial that TV is able to support.
This study aims to educate users on polynomial curve fitting, and the derivation process of Least Squares Moving Averages (LSMAs).
I also designed this study with the intent of showcasing some of the capabilities and potential applications...
Returns a dashboard showing the direction taken by 4 overlay indicators, SMA (simple moving average), TMA (triangular moving average), WMA (weighted moving average), and REG (linear regression), all using different length periods.
The user can select the minimum and maximum length of these indicators and introduce an increment.
Returns a 4x4 correlation matrix between various user-selected symbols. Users can change the window of the correlation with the setting length .
Correlation matrices can be useful to see the linear relationship between various symbols, this is an important tool for diversification.
What's this all about?
Ever since 1D arrays were added to Pine Script, many wonderful new opportunities have opened up. There has been a few implementations of matrices and matrix math (most notably by TradingView-user tbiktag in his recent Moving Regression script: ). However, so far, no comprehensive...
In financial terms, 'correlation' is the numerical measure of the relationship between two variables (in this case, the variables are Forex pairs).
The range of the correlation coefficient is between -1 and +1. A correlation of +1 indicates that two currency pairs will flow in the same direction.
A correlation of -1 indicates that two currency pairs will move in...
// The arrays provided in Pinescript are linear 1D strucures that can be seen either as a large vertical stack or
// a horizontal row containing a list of values, colors, bools,..
// With the FUNCTIONS in this script the 1D ARRAY LIST can be...
Animated Pixel Art - ASCII Art is not only an easy-to-use platform to create and visualize pixel animations. This script can also be used with the Nyan Cat visualization as a companion tool for all traders to know when the price is changing on the chart.
In the first place, this tool has been created to celebrate the new design of the Trading View...
A co-pinescripter friend told me this was impossible to do and we bet a free dinner tomorrow. Guess who's going to be invited to a very fancy restaurant tomorrow :) :) :) (hint: not him)
What's the today script is about?
This script is based on this MT4 correlation matrix
Asset correlation is a measure of how investments move in relation to one...
Hi everyone, Although everything's clear from the title but I should describe some basic points.
Currency Correlation is a statistical measure of how two securities move in relation to each other.
So this script is used to show if current pair (alt-coins) is moving in the same direction of bitcoin (or ethereum) or not. Consider that in crypto market most of...
A quick unrelated but interesting foreword
Hope you're all good and well and tanned
Me? I'm preparing the opening of my website where we're going to offer the Algorithm Builder Single Trend, Multiple Trends, Multi-Timeframe and plenty of others across many platforms (TradingView, FXCM, MT4, PRT). While others are at the beach and tanning (Yes I'm...