Library "Drawings_public" : Functions to manage drawings on the chart extend_line(lineId, labelId) : Extend specific line with its label Parameters: lineId labelId update_line_coordinates(lineId, labelId, x1, y1, x2, y2) : Update specific line coordinates with its label Parameters: lineId labelId x1 y1 x2...
What does this indicator do? In short, this indicator looks for patterns using Relative Directional Strength and plots potential Reversal Areas on the chart. Candlesticks are shaded by a Gradient. This gradient is based on whether or not the market is currently experiencing a positive or negative sentiment. In the screenshot below you can see that the market is...
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 indicator was created primarily as an experiment. While the supertrend can be powerful, in many cases, the trend has already started before the time it's identified, resulting in a price decrease. After conducting my own research, I discovered that the reversal point is often more nearby during the downtrend, rather than at the beginning of the uptrend....
This is a very simple price comparison indicator. People who are familiar with PineScript can easily create it, but most people who are not familiar with PineScript often double-check BTC pair's charts to compare Bitcoin and other symbols. This indicator made for that process easier. The indicator is basically supposed to show the price ratio of BTC and the...
Giga Kaleidoscope GKD-C Blau T3 Ergodic Candlestick Oscillator is a Volatility/Volume module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the...
The Moving Average Lab allows to create any possible combination of up to 3 given MAs. It is meant to help you find the perfect MA that fits your style, strategy and market type. This script allows to average, weight, double and triple multiple types and lengths of Moving Averages Currently supported MA types are: SMA EMA VWMA WMA SMMA (RMA) HMA ...
This indicator plots the calculated Expected Move for BOTH Weekly and Zero Dated Expiration (0DTE) Daily options, for a quick visual reference. Please Note: This indicator is different from our original "4C Expected Move (Weekly Options)" indicator, as it now packages the ability to ALSO plot 0DTE options expected moves along with Weekly expected moves. Many...
This is a predictive indicator which count bars upon rules and tries to predict the price reversals... Numbers occuring above the bars tells you: Green Numbers from 1 to 9 tells us there would be a possible SELL signal after the number 9 and if it's M9 that signal could be a stronger one. 1 from 9 must count consecutively and controls the situation that...
Giga Kaleidoscope GKD-C Grucha Percentage Index is a Volatility/Volume module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX...
This is a correlation table, it correlates with current opened asset (chart). In settings you can change periods of days and change assets what you want to see in table. The main feature of this table is an changing alert, it changes values depends on settings what you chose, you can use it for send whole table to your spreadsheets like screenshot below. ...
The Relative Strength Index Wave Indicator was created by Constance Brown (Technical Analysis for the Trading Professional), and this is a unique indicator that uses the weighted close formula, but instead of using the typical price values, it uses the RSI calculated from the various prices. It then creates a rainbow by smoothing the weighted RSI with four...
The Volatility Gap Tracker ( *VGT ) indicator calculates the historical volatility of an asset using the standard deviation of the natural logarithm of the closing price relative to the previous period's closing price. *VGT visualizes the HV with gap lines to highlight when the current HV has increased or decreased significantly compared to the previous period,...
This is a sample PineSript code implementation using Correlation Coefficient. It uses the ta.correlation library of Pinescript and calculates the correlation based on user input length. The results are then plotted on a table. The corr value displays the actual correlation coefficient value while the Corr Status displays the interpretation of the correlation...
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...
The DeQuex Algo V2 script is an advanced technical analysis tool that provides traders with a powerful set of features to help them identify potential trading opportunities in the market. The script is based on the widely used Moving Average Convergence Divergence (MACD) indicator, which is known for its ability to identify changes in trend direction. The script...
The "Volume Strength" indicator A technical analysis tool that helps traders evaluate the strength of the current market trend by measuring the cumulative volume over a specified period of time. It calculates the cumulative volume of a stock and divides it by the average cumulative volume over a specified period. This ratio is referred to as the "volume...
FSS Multi-Coin Screener is built so that the user can scan the target timeframe quickly to see on which coins FSS Buy or Sell signals have shown up in the last closed candle or is currently printing on the real-time candle. As opposed to the FSS Indicator MTF Screener which scans multiple timeframes. This saves both the time and effort of having to browse through...