Começar

Indicadores e estratégias

IB Range & Volume CalculatorIB Range & Volume Calculator - Summary Overview This indicator tracks and analyzes the Initial Balance (IB) period (first 30 minutes of trading from 8:30-9:00 AM Chicago time) by measuring both price range and trading volume. It compares today's values against a 30-day average, providing essential context for day traders and scalpers. Key Features Range Analysis Automatically calculates high-low range during the Initial Balance period Compares today's range with the 30-day historical average Shows percentage difference from average with color coding (green for above average, red for below) Volume Analysis Tracks cumulative volume during the Initial Balance period Calculates and displays 30-day volume average Compares today's volume to the average with percentage difference Visual Elements Highlights all IB period candles with light blue background Displays a fixed information panel in the upper right corner Shows real-time status during the IB period ("In progress...") Updates with final values once the IB period completes Data Management Maintains a rolling 30-day history of both range and volume data Displays data collection progress (x/30 days) Automatically resets calculations at the beginning of each new session Trading Applications This indicator is particularly valuable for: Context-Based Trading Decisions Compare today's market behavior to normal conditions Adjust scalping targets based on relative volatility Volume-Price Relationship Analysis Identify unusual volume patterns that may precede significant moves Validate price movements with corresponding volume confirmation Trading Strategy Selection High volume + high range: Momentum strategy opportunities High volume + low range: Potential breakout setup Low volume + high range: Possible fade/reversal opportunities Low volume + low range: Range-bound scalping environment 5-Point Scalp Targeting Determine if 5-point targets are aggressive or conservative for the day Adapt stop levels based on relative volatility Timing Optimization Identify days with abnormal opening characteristics Anticipate potential afternoon behavior based on IB patterns The indicator provides essential context for rapid decision-making in fast-moving markets, helping traders calibrate their expectations and adapt their strategies to current market conditions.
Indicador Pine Script®
por ATALLA07
[TehThomas] - Fair Value GapsThis script is designed to automatically detect and visualize Fair Value Gaps (FVGs) on your chart in a clean, intuitive, and highly responsive way. It’s built with active traders in mind, offering both dynamic updates and customization options that help you stay focused on price action without being distracted by outdated or irrelevant information. What Are Fair Value Gaps? Fair Value Gaps are areas on a chart where there’s an inefficiency in price, typically formed when price moves aggressively in one direction, leaving a gap between the wicks of consecutive candles. These gaps represent imbalanced price action where not all buy or sell orders were efficiently matched. As a result, they often become magnet zones where price returns later to "fill" the imbalance before continuing in its intended direction. Many traders use them as points of interest for entries, re-entries, or anticipating reversals and consolidations. This concept is frequently used in Smart Money and ICT-based trading models, where understanding how price seeks efficiency is crucial to anticipating future moves. When combined with concepts like liquidity, displacement, and market structure, FVGs become powerful tools for technical decision-making. Script Features & Functionality 1. Live Updating Gaps (Dynamic Shrinking) One of the core features of this script is its ability to track and dynamically shrink Fair Value Gaps as price trades into them. Instead of leaving a static zone on your chart, the gap will adjust in real-time, reflecting the portion that has been filled. This gives you a much more accurate picture of remaining imbalance and avoids misleading zones. 2. Automatic Cleanup After Fill Once price fully fills an FVG, the script automatically removes it from the chart. This helps keep your workspace clean and focused only on relevant price zones. There’s no need to manually manage your gaps, everything is handled behind the scenes to reduce clutter and distraction. 3. Static Mode Option While dynamic updating is the default, some traders may prefer to keep the original size of the gap visible even after partial fills. For that reason, the script includes a toggle to switch from live-updating (shrinking) mode to static mode. In static mode, FVGs stay fixed from the moment they are drawn, giving you a more traditional visual reference point. 4. Multi-Timeframe Support (MTF) You can now view higher timeframe FVGs, such as those from the 1H or 4H chart, while analyzing lower timeframes like the 5-minute. This allows you to see key imbalances from broader market context without having to flip between charts. FVGs from higher timeframes will be drawn distinctly so you can differentiate them at a glance. 5. Cleaner Visualization The script is designed with clarity in mind. All drawings are streamlined, and filled gaps are removed to maintain a minimal, distraction-free chart. This makes it easier to combine this tool with other indicators or price-action-based strategies without overloading your workspace. 6. Suitable for All Market Types This script can be used on any asset that displays candlestick-based price action — including crypto, forex, indices, and stocks. Whether you're scalping low-timeframe setups or swing trading with a higher timeframe bias, FVGs remain a useful concept and this script adapts to your trading style. Use Case Examples On a 5-minute chart, display 1-hour FVGs to catch major imbalance zones during intraday trading. Combine the FVGs with liquidity levels and inducement patterns to build ICT-style trade setups. Use live-updating gaps to monitor in-progress fills and evaluate whether a zone still holds validity. Set the script to static mode to perform backtesting or visual replay with historical setups. Final Notes Fair Value Gaps are not a standalone trading signal, but when used with market structure, liquidity, displacement, and order flow concepts, they provide high-probability trade locations that align with institutional-style trading models. This script simplifies the visualization of those zones so you can react faster, stay focused on clean setups, and eliminate unnecessary distractions. Whether you’re trading high volatility breakouts or patiently waiting for retracements into unfilled imbalances, this tool is designed to support your edge with precision and flexibility. ___________________________________ Thanks for your support! If you found this indicator helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀 Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈
Indicador Pine Script®
por TehThomas
10
TruePSPTruePSP V2🟢 – Precision Swing Points with True Opens TruePSP is an advanced trading indicator that combines Precision Swing Point (PSP) candles with institutional reference levels known as True Opens, providing traders with a powerful lens to view price action through the eyes of Smart Money. 🔍 What is a PSP? A PSP (Precision Swing Point) is a candle that forms when there's a crack in correlation between tightly linked indices—like NQ, ES, and YM. When one asset closes in a direction against the others, it reveals a potential displacement in sentiment, suggesting an early reversal or liquidity shift. This makes PSPs: Highly effective for anticipating market turning points Strong confirmation tools for SMT/SSMT divergences Useful in filtering low-probability setups 📐 Powered by True Opens TruePSP integrates key True Open levels used by institutions to gauge premium vs. discount zones: TSO – True Session Open TDO – True Day Open TWO – True Week Open TMO – True Month Open These levels help you: Frame price in time-contextual zones Identify where Smart Money is most likely active Avoid chasing price in inefficient areas ⚙️ Features: Detects PSPs through cross-asset correlation break logic Plots True Opens to define trading bias zones Enhances SMT/SSMT-based strategies Useful across all timeframes Designed for precision entries, exits, and bias ⚠️ To keep the PSP candle colors visible when other indicators overlap: Right-click on the PSP candle Select Visual Order Click Send to Back This will place the candle color beneath price and indicator overlays while still being visible on the chart. TruePSP helps you trade with timing, structure, and confidence—where precision meets power.
Indicador Pine Script®
por Real_Morpheus
Market Structure- ZigZag, Break of Structure & Order BlocksDescription: This script is an all-in-one market structure tool designed for traders who follow price action, Smart Money Concepts (SMC), or institutional order flow. It combines Order Block detection , Break of Structure (BOS) , Internal Structure Shifts (CHoCH) , and a ZigZag swing framework to provide a clear and actionable view of market behavior. Key Features: Order Blocks (OB) : -Detects Bullish (Green) and Bearish (Red) order blocks upon valid market structure shifts. -Optional deletion of mitigated (touched) blocks to keep charts clean. -Customizable block duration, fill color, and border color. Break of Structure (BOS) : -Marks BOS with horizontal dotted lines when price breaks previous swing highs/lows. -Confirms new trends and structural shifts. Internal Structure Shifts (CHoCH-like) : -Detects early internal changes in direction before BOS. -User-selectable logic: based on candle Open or High/Low. -Plotted as small black triangle markers. ZigZag Swings : -Connects confirmed internal shifts with black zigzag lines. -Visually simplifies trend structure and major swing points. -Tracks last swing highs/lows for BOS validation. Alerts : -Bullish/Bearish Engulfments (OB signals) -Internal Structure Shifts -Bullish/Bearish Break of Structure -OB Mitigation Events Inputs & Settings : -Show/Hide Bullish or Bearish Order Blocks -Calculate internal shifts by: Open or High/Low -Set order block fill and border colors -Enable or disable automatic deletion of mitigated blocks -Set duration for order block display This tool is designed to support price action trading by visually mapping key structural changes and zones of interest directly on your chart. It is not intended to function as a standalone trading strategy , but rather as a supplementary tool to inform your own analysis and discretion.
Indicador Pine Script®
por The_Forex_Steward
3
Ultimate FX ScalperUltimate FX Scalper is a clean, all-in-one trading indicator built for traders who want speed, clarity, and confidence in their setups. It brings together multiple elements that work in sync — from precision entry signals to clearly marked profit zones — so you can focus on the trade, not the guesswork. This isn’t just another flashy indicator. It’s designed to help you catch sharp reversals, spot price exhaustion, and map out your trades with real-time visuals — including your stop loss and all three take-profit targets. You’ll even get a gentle nudge to trail your stop once the first target hits, helping you lock in gains and trade smarter. What makes it even better is the level of flexibility. You can adjust settings to match your trading style and keep your charts clean — whether you're trading aggressive scalps or more conservative short-term setups. Whether you're using it as your primary tool or a reliable second opinion, Ultimate FX Scalper is built to make trading feel less chaotic and more controlled. Note: This script uses a proprietary logic engine to analyze momentum exhaustion and dynamic price behavior. Due to its unique signal architecture and SL/TP drawing system, the code is protected and offered invite-only to preserve its integrity. In addition, the script includes a built-in alert system that triggers automatically on every confirmed Buy or Sell signal. These alerts are designed to notify traders in real time when a high-probability setup is detected, allowing for faster decision-making and hands-free monitoring. ⨭ What It Does Ultimate FX Scalper is a purpose-built trading tool designed to spot high-probability trade setups with clear, actionable signals. It simplifies fast-moving market conditions by turning key price behaviors into visual entries, exits, and profit zones — so you’re never left guessing. Whether you’re scalping quick moves or managing short-term trends, this script gives you a complete toolkit to trade with structure, speed, and confidence. Features Smart Signal Engine Spots high-probability Buy and Sell opportunities based on clean price behavior — helping you stay ahead without second-guessing. Auto-Mapped Trade Zones Automatically draws your Entry, Stop Loss, and all three profit targets (TP1, TP2, TP3) the moment a valid trade triggers — no manual setup needed. Customizable to Your Strategy Packed with adjustable settings so you can fine-tune everything from trade levels to visual layout — built to match your personal trading flow. Auto-Confirmation Logic Includes built-in conditions to confirm signals with price action — so you only act when it really matters. Heating Zones Visual zones that react to volatility and price pressure — helping you gauge where momentum is building or cooling off. Real-Time Alerts Stay sharp and ready. Get notified the second a strong setup appears — whether you're at your desk or on the move. ⨭ Usage Guide Ultimate FX Scalper is designed for traders who value speed, clarity, and simplicity. Whether you're new to trading or a seasoned scalper, this script makes it easy to act on real-time trade setups without overthinking the details. With customizable visual elements and real-time alerts, it allows you to focus on execution, not chart clutter. You’ll know exactly when a setup is forming, when it confirms, and how to manage it with pre-drawn entries, targets, and stop levels. Only those signals are valid on which TP/SL levels are drawn. If no trade zone appears, the signal is not confirmed and should be ignored for safety. Steps to Use: Select Your Preferred Pair Choose Your Trading Timeframe Wait for Signal Confirmation (Buy/Sell) Observe Auto-Plotted Entry, TP & SL Manage the Trade Accordingly You're Set — Let the Algo Do the Rest Trailing SL Guide (Optional Risk Management) When TP1 is hit → Move SL to Break Even When TP2 is hit → Move SL to TP1 When TP3 is hit → Exit or secure maximum profits This trailing logic helps you stay in control while locking in progress along the way. ⨭ Custom Alerts Never miss a trade opportunity. Ultimate FX Scalper includes real-time alert capabilities that notify you the moment a valid setup appears — even if you’re away from your screen. You can tailor alert preferences to fit your trading style — whether you prefer immediate pop-ups, email alerts, or mobile push notifications. This keeps you connected to the markets while giving you the freedom to step away and stay in control. Alerts are tied to confirmed Buy/Sell signals as well as TP1 hits, so you're always in the loop when momentum shifts or trade management is needed. ⨭ Conclusion and How to Access Ultimate FX Scalper is built for traders who want structure and speed — especially in volatile, fast-moving markets. It merges clean visuals with powerful signal logic, helping you stay one step ahead while keeping your strategy simple and focused. This tool doesn’t just flash signals — it provides a visual trade map with levels and reminders to help manage risk and lock in profits. Whether you’re scalping, day trading, or using it alongside a broader strategy, it brings clarity and discipline to your trading routine. Keep in mind: No indicator guarantees results. Successful trading still depends on your discipline, market awareness, and overall approach.
Indicador Pine Script®
por irfankhan953
Pucci Trend EMA-SMA Crossover with TolerancePucci Trend EMA-SMA Crossover with Tolerance This indicator helps identify market trends and generates trading signals based on the crossover between an Exponential Moving Average (EMA) and a Simple Moving Average (SMA) with an adjustable tolerance threshold. The signals work as follows: Buy Signal (B) -> Triggers when the EMA crosses above the SMA, exceeding a user-defined tolerance (in basis points). Optionally, a price filter can require the high or low to be below the EMA for confirmation. Sell Signal (S) -> Triggers when the SMA crosses above the EMA, exceeding the tolerance. The optional price filter may require the high or low to be above the EMA. The tolerance helps reduce false signals by requiring a minimum distance between the moving averages before confirming a crossover. The price filter adds an extra confirmation layer by checking if price action respects the EMA level. Important Notes: 1º No profitability guarantee: This tool is for analysis only and may generate losses. 2º "As Is" disclaimer: Provided without warranties or responsibility for trading outcomes. 3º Use Stop Loss: Users must determine their own risk management. 4º Parameter adjustment needed: Optimal MA periods and tolerance vary by timeframe. 5º Filter impact varies: Enabling/disabling the price filter may improve or worsen performance.
Indicador Pine Script®
por fpucci
FVG + Trend Reversal with ConfirmationThis is a tool designed for traders seeking to identify precise opportunities based on market imbalances (Fair Value Gaps) and structural trend changes. The indicator combines automatic detection of FVG zones with confirmed trend reversal signals based on price action, providing a tactical edge for safer and higher-probability entries. It includes smart filters to avoid false signals and is optimized to adapt to different timeframes, making it ideal for both scalping and swing trading. Perfect for traders who follow Smart Money concepts, ICT strategies, or advanced market structure analysis.
Indicador Pine Script®
por bjoellopez
Range & Pct Change Table (Interactive)Indicator creates an interactive element that displays two key metrics for any selected candle: 1. Range - The difference between high and low prices (H-L) 2. Percentage Change - The percent change from open to close ((C-O)/O × 100) Key Features - Interactive Reference Point: Users can select any candle as a reference point using the time input - Customizable Table: The table can be shown/hidden and positioned in different chart locations This indicator is particularly useful for quickly analyzing the volatility (range) and directional movement (percentage change) of specific candles without having to manually calculate these values.
Indicador Pine Script®
por fixedvalues
Range Expansion Index (REI)Introduction and History I'm sharing an indicator today that I have developed: the Range Expansion Index (REI). This powerful oscillator was developed by the renowned technical analyst Thomas DeM., known for his unique approach to market timing and price exhaustion. The REI was introduced as part of his comprehensive suite of technical tools, detailed in his influential work, such as "The New Science of Technical Analysis." DeM. designed the REI to be a more refined momentum oscillator. His goal was to create an indicator that could accurately reflect the underlying strength or weakness of price movements while minimizing the false signals often generated by traditional oscillators during sideways or choppy markets. The REI achieves this by focusing on significant price expansions and contractions, comparing recent price behavior to the overall price changes over a specified lookback period. You can find more information and the basis for this indicator here: QuantifiedStrategies: www.quantifiedstrategies.com Infront Help Center: infront-portfolio-manager.helpcenter.infront.co How the REI Works The core of the REI's calculation lies in identifying and quantifying "strong" price changes within a given period (typically 8 bars). It does this by evaluating specific price relationships and conditions between current and past bars. The indicator then computes a ratio comparing the sum of these "strong" price changes to the sum of the absolute total price changes over the lookback period, scaling the result to oscillate between -100 and +100. The key levels for interpreting the REI are generally: +60: Overbought Zone -60: Oversold Zone Unlike oscillators that might simply signal overbought/oversold upon entering these zones, the REI's interpretation, according to DeM., often focuses on the exit from these extreme areas. Traditional Trading Signals Based on DeM.'s methodology and the descriptions in the provided links, the primary trading signals generated by the REI occur when the indicator crosses back from an extreme zone: Sell Signal: The REI moves above the +60 level and then crosses back down below +60. This suggests potential price weakness after a period of strong upward momentum. Buy Signal: The REI moves below the -60 level and then crosses back up above -60. This indicates potential price strength after a period of strong downward momentum. Duration Analysis: An Optional Signal Filter The QuantifiedStrategies link highlights the concept of "Duration Analysis," suggesting that the amount of time (number of bars) the REI spends in the overbought or oversold region can add crucial context. A brief stay might precede a reversal, while a prolonged stay could indicate a strong, persistent trend. The indicator incorporates this concept as an optional filter. You can enable this feature and specify a number of bars. When enabled, a buy or sell signal will only be triggered if the REI crosses the respective overbought/oversold level AND the duration of the REI being in that extreme zone precisely matches the number of bars you specify in the input settings. Indicator Features in This Pine Script The Pine Script code I have developed provides a comprehensive implementation of the REI with additional trading utilities: REI Calculation: Implements the core REI formula based on conditional price changes and summations over a defined period. Configurable REI Period: Easily adjust the main lookback period for the REI calculation. Customizable Lookback Parameters: Fine-tune the specific lookback periods used in the internal conditions (n1L, n2L, n3L) as described in the calculation method. Plotting: Displays the REI line in a separate pane, along with horizontal lines at +60 (Overbought), -60 (Oversold), and 0 (Zero Line) for clear visual analysis. Configurable Alerts: Set up Buy and Sell alerts that trigger when the REI crosses the +60/-60 levels. Control global alert enabling, and specifically enable/disable Buy and Sell alerts. Plot Shapes for Signals: Optionally display visual triangle shapes directly on the price chart (red triangle down for Sell above the bar, green triangle up for Buy below the bar) to easily spot signal occurrences. Control global shape enabling and specifically enable/disable Buy/Sell shapes. Optional Duration Analysis Filter: Activate a filter that requires the REI to have spent an exact number of consecutive bars in the overbought/oversold zone at the moment of the cross for a signal to be considered valid. Configure the required number of bars. How to Use This Code in TradingView Open TradingView and navigate to the Pine Editor (usually the icon on the left sidebar or via the bottom panel). Delete any existing code in the editor and paste the REI code. Save the script (you can name it "Range Expansion Index with Duration Filter" or similar). Add the indicator to your chart by clicking the "Add to Chart" button in the Pine Editor. Access the indicator's settings on your chart to adjust the REI Period, Lookbacks, and enable/disable Alerts, Plot Shapes, and the optional Duration Filter (including setting the number of bars). To receive actual notifications: You must set up alerts manually through the TradingView platform's alert system (right-click on the indicator -> Add alert on Range Expansion Index (REI)...). Select the specific conditions "REI Sell Signal" or "REI Buy Signal" from the dropdown menu and configure your desired notification methods (popup, email, etc.). Disclaimer: Trading financial markets involves risk, and past performance is not indicative of future results. This indicator is a tool for analysis and should be used as part of a comprehensive trading strategy, always combined with other techniques and proper risk management. Always conduct your own research and backtest the indicator to understand its behavior on the markets and timeframes you trade.
Indicador Pine Script®
por DavideMelone
本物Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Indicador Pine Script®
por palanikb6
QueenMarket SessionsQueenMarket Sessions – by @Queen_Trader66 👑 QueenMarket Sessions is a complete tool for traders who want to clearly visualize the main market sessions (Asia, London, New York) as well as advanced information: volume, delta, open interest, TPO profiles, and forecasts. It is designed for simple, efficient, no-complex setup use. Perfect for scalping, day trading, swing trading on Forex, indices, crypto. ⚠️ Note: the watermark text is white (top right). If you use a white background, it will not be visible. This script is designed for dark-themed charts. Dark Style ! 🎨 Main Features: ✅ Session boxes Each session (Asia, London, New York) is shown as a colored box with Europe/Paris time settings. ✅ Pre-market and Post-market zones Dashed boxes show pre-market and post-market times before and after the official session. ✅ TPO Profile A TPO profile is generated for each session: either as letters (classic mode) or as bars (alternative mode). It shows price levels where the market spent the most time. ✅ Session projection A box or line (user choice) projects the possible price evolution for the rest of the session. The projection can be adjusted by volatility using ATR. ✅ Naked POC (long red line) The long horizontal red line shows the Point of Control (POC) from a previous session that has not yet been tested (= Naked POC). It disappears automatically once the price touches it. ✅ Volume delta Shows the difference between buy and sell volumes for the current session. ✅ Binance Open Interest (Crypto) Displays Binance Open Interest change: increase = new positions decrease = closed positions. ✅ Total Volume and Range Displays: total session volume price range (high to low) of the session. 📝 How to use: Session zones: know when each market is active TPO: identify acceptance/rejection zones Projection: anticipate the potential price area Naked POC: track key price attraction levels Delta / Volume / Open Interest: measure buyer/seller strength. QueenMarket Sessions is a decision support tool, it does not give buy/sell signals but helps you spot optimal market conditions. 👉 For precise gold analysis, follow me and happy trading to all! 👑
Indicador Pine Script®
por Queen_Trader66
2
EvoScalp v1ОПИСАНИЕ НА РУССКОМ ЯЗЫКЕ EvoScalp - один из немногих скальпинг индикаторов , выдающих реально годные сигналы и не перерисовывает их. В основе индикатора лежит большое количество фильтров, которые отсеивают лишние сигналы. Индикатор разрабатывался под 1 минутный таймфрейм и я рекомендую использовать именно его. Для каждой монетки необходимо подбирать свои уникальные настройки , но вы также можете изменять настройки под свой стиль торговли (частые сигналы для быстрых сделок или редкие сигналы для ловли более больших движений). При наличии любых вопросов обращаться по нику: @LevaMe DESCRIPTION IN ENGLISH EvoScalp is one of the few scalping indicators that produce really usable signals and does not redraw them. The indicator is based on a large number of filters that filter out unnecessary signals. The indicator was developed for the 1-minute timeframe and I recommend using it. For each coin, you need to select your own unique settings , but you can also change settings to suit your trading style (frequent signals for quick trades or rare signals for catching larger movements). If you have any questions, please contact meby tag: @LevaMe
Indicador Pine Script®
por ejaaqe
BTC Mining Income Oscillator Z-ScoreBTC Mining Income Oscillator (Z-Score) Overview The BTC Mining Income Oscillator (Z-Score) is a custom technical indicator that analyzes Bitcoin mining income to help traders identify overbought and oversold conditions. The indicator uses a Z-Score to track deviations in mining income, highlighting periods of high or low mining profitability. This indicator is made up of: Z-Score Line (Blue): Measures how far the current mining income deviates from its historical mean. Mining Income Oscillator (Orange): A scaled value of mining income that oscillates within a specific range to indicate overbought and oversold conditions. How the Indicator Works 1. Mining Income Calculation The BTC Mining Income is determined using two main factors: Block Reward: The number of BTC miners earn for each block mined (currently 3.125 BTC, adjustable in settings). Transaction Fees: The average transaction fees per block (default is 0.3 BTC). Blocks per Day: The number of blocks mined per day (default is 144). The daily mining income in BTC is calculated as: Mining Income = ( Block Reward + Transaction Fees ) × Blocks per Day Mining Income=(Block Reward+Transaction Fees)×Blocks per Day This value is then converted to USD by multiplying it by the current Bitcoin price. 2. Z-Score Calculation The Z-Score measures how far the current mining income deviates from its mean over a set period (default is 90 days). The Z-Score helps identify when mining income is unusually high or low: A high Z-Score indicates that the mining income is significantly above the historical mean, signaling overbought conditions. A low Z-Score indicates that the mining income is significantly below the historical mean, signaling oversold conditions. The Z-Score is calculated as follows: Z-Score = ( Current Mining Income − Mean Income ) Standard Deviation Z-Score= Standard Deviation (Current Mining Income−Mean Income) ​ The result is then smoothed over a period (default is 5) to reduce noise and provide a more stable value. 3. Mining Income Oscillator The mining income is scaled to oscillate between +20 and +90. This oscillation makes it easy to track overbought and oversold conditions in the market: Values between 85 and 90 indicate overbought conditions (high mining profitability). Values between 20 and 22 indicate oversold conditions (low mining profitability). Values between 22 and 85 indicate neutral conditions, where mining profitability is normal. The mining income oscillator helps traders spot extreme conditions (overbought or oversold) in mining profitability. How to Read the Indicator 1. Z-Score Line (Blue) The Z-Score represents how far current mining income is from the historical average. Above +2: The mining income is unusually high, indicating an overbought market. Below -2: The mining income is unusually low, indicating an oversold market. Between -2 and +2: This range is neutral, where the mining income is within the average historical range. 2. Mining Income Oscillator (Orange) The Mining Income Oscillator is scaled between 20 and 90. 85–90: Overbought conditions, indicating high mining profitability. 20–22: Oversold conditions, indicating low mining profitability. 22–85: Neutral conditions, indicating moderate mining profitability. 3. Background Shading Red Shading (85–90): Indicates overbought conditions (mining income is unusually high). Green Shading (20–22): Indicates oversold conditions (mining income is unusually low). The shaded regions provide a visual guide to spot periods when the market is overbought or oversold. 4. Key Horizontal Lines 0 Line: Represents the neutral level for the Z-Score, where the mining income is at the historical mean. +2 and -2 Lines: Indicate overbought and oversold conditions for the Z-Score. 90 and 20 Lines: Indicate the upper and lower bounds for the mining income oscillator. Where the Data Comes From Bitcoin Price: The current Bitcoin price is pulled directly from the chart. Block Reward and Transaction Fees: These values are set manually by the user or can be updated dynamically. Mining Income: Calculated based on the block reward, transaction fees, and current Bitcoin price. Z-Score and Oscillator Calculations: Both are calculated based on mining income in USD over a defined look-back period. Best Timeframe for This Indicator This indicator is designed to work best on the 2-day chart (2D) timeframe. On the 2-day chart, the mining income data, Z-Score, and the oscillator are less sensitive to noise and short-term volatility, providing more reliable signals. While it can be used on other timeframes, the 2-day chart offers the clearest and most stable analysis.
Indicador Pine Script®
por simonweisser_business