Yield curve of the 2-10 year US Treasury Bonds, with over 50 years of history. The Yield Curve is the interest rate on the 10 year bond minus the 2 year bond. When it inverts (crosses under 0) a recession usually follows 6-12 months later. It's a great leading indicator to identify risk in the macroeconomic environment.
MACD with Support and Resistance - Signals Alerts SL and TP by Tech Store On The script uses MACD for entering/exiting trades and support/resistance lines to take TP1 (take profit 1). Both MACD and support/resistance lines are fully configurable to your preference, and you can back-test it via TradingView. Once TP1 is taken, you can either set the indicator to...
Publishing free to use scripts always brought me more value - be it in terms of more followers, or helped me to engage with people having right ideas. This has helped me immensely over past few years of my presence in tradingview. To all the coders out there who is starting to work on pinescript - my suggestion is to publish as many open source/free to use...
What it is: Crypto Collated On-Chain Volume looks specifically at the transaction volume from ETH and BTC on-chain By showing the control of What it does: It shows Bullish and Bearish volume for on-chain transactions for BTC and ETH as well as shows an overall Moving Average letting traders see increases or decreases in general volume. How to Use It: High...
This is Indicator will show you strong Buying Candles . its Called Bull Snort Candles. This Term is invented by Us trader Oliver Kell . so all credits to him . In this Indicator You will see Candles which have 3 times volume of its 50 day average volume. so you can say a sudden volume spurt. stock which are closing in 35 % of its high zone. Latest Close is above...
Qube is an indicator that shows market regimes. It is able to detect medium and long term trends and ranging markets. If the indicator bars are colored blue and are between the two blue lines, it means that the market is in sideways movement or consolidation. If indicator bars cross the upper boundary and are colored green, it means that the market is in an...
++>>This script allows you the inside bar candle and the cnadle is shown in white. The range of the mother candle is identified and tracked until it breaks. Once the first range is over ridden then the next similar pattern will be occured and the tracking will be done for the mother candle latest occurrence. It also has the alert mechanism where you can go and...
This is a very simple indicator who display few information about the LAST daily candle. ( it is possible to change the timeframe to have information about last week or last hour ) The green background zone is the channel between last daily candle close and last daily high. The red background zone is the channel between last daily candle close and last daily...
This script extracts the highest price "ta.highest" and lowest price "ta.lowest" over a period of time, obtains the average value "array.avg" and plots it on a chart. At the same time, it also plots high and low prices, so you can use the volatility over a period of time and its center point as a reference for trading. The pine code is as simple as possible, so...
Library "into" convert literals by type, Same-types left in for bulk reasons. TODO: Expand Types b(string) Convert string to bool. Parameters: string : val A string value. Returns: Bool. b(bool) Pass Bool/bool Parameters: bool : Returns: Bool. b(float) Convert Float (True if exists and not 0) Parameters: float : val A...
"Market structure first, always" - Mr. Anderson aka TrueCrypto28 right before he went on to master Kung-Fu Understanding and identifying market structure is essential for successful and consistent profitability. No system is perfect, but trading in the direction of the prevailing market structure can reduce the likelihood of being caught severely offsides and can...
I found that when there is oversold or overbought, there is always a good point to buy. Buyers can enter the market after oversold drops or overbought turns. It is recommended not to intervene when overbought or oversold is started, because this may be a deviation. The basic logic of the strategy is to detect multi period and multi empty conditions. When the...
dear fellows, this indicator is an effort to determine the range where the prices are likely to fall within in the current candle. how it is calculated 1. obtain a. gain from the open to the high b. loss from the open to the low in the last 20 (by default) candles and in the last 200 (10*20 by default) candles 2. perform a. the geometric average (sma of the...
Tradingview doesn't provide a way to prevent unclosed candles from displaying in real time. This script helps to reduce errors that span from reading unconfirmed candles by preventing the unconfirmed candle from displaying across all timeframes. Ideal for traders with strategies that rely on candle confirmation signals. NOTE: It works by drawing new candles based...
// All credit to © //@author=JayRogers & VuManChu Cipher B for their original Scripts (Open Source) / ====== ABOUT THIS INDICATOR // I've combined some part of the code of the following indicators to get some alerts based on the Idea and Use section below : ...
// All credit to © //@author=JayRogers & VuManChu Cipher B for their original Scripts (Open Source) / ====== ABOUT THIS INDICATOR // I've combined some part of the code of the following indicators to get some alerts based on the Idea and Use section below : ...
Description: Type: Oscillator. What it is based on: price movement inside the overbought/oversold channel (based on ATR) Functional: 1) Shows two signal lines that determine the price movement within the overbought / oversold channel (slow and fast lines, ema) 2) Shows the direction of the trend, filtering flat movements (the fast one crosses the slow one from the...
This script lets you chart a spread of a maximum of 3 tickers (one of them being the ticker in the main chart). Y axis is the currency amount of the spread, that is calculated by this formula: Y = PnL = quantity * price * handleValue Y is calculated for each ticker specified, and the sum of Ys obtained is plotted. this way it is possible to view the PnL of the...