FX Profit CalculatorWith this indicator, you will be able to see how much you earn in forex in dollar terms.
It asks you 3 things when adding the indicator.
TP point
SL point
Position Entry point
If you have selected the TP point above, the entry zone below it, and the SL point below it, the indicator will automatically understand that there is a BUY order and will make the calculations accordingly.
The same is true for the opposite.
When you use the indicator in any parity, you will have problems switching to other parities.
So either use it only in one parity, or update your targets from the indicator settings at every parity change.
You will get the same error if:
Your trading entry point should be between your TP and SL points. If you do not set it this way, the indicator will warn that please fix it.
If you are in the trade, tick the settings and show the dollar-based profit of your position according to the instant closing price.
The percentage variable works like this:
When you adjust for one parity, shifts occur in the chart when you switch to the other parity. When switching to non-circulating graphics at the same prices, the user is prompted to re-enter so that the graphic does not deteriorate.
BONUS : You can move these lines up and down with your mouse on the graphic :)
[i]price
MTF Market Structure Highs and LowsThe indicator marks the last fractal highs and lows (W,D,4H and 1H options) to help determine current market structure. The script was created to help with directional bias but also as a MTF visual aid for stop hunts/liquidity raids.
Liquidity areas are where we assume trader's stop losses would be when buying or selling. Liquidity lies above and below swing points and institutions need liquidity to fill large orders.
Monitor price action as it hits these areas for a potential reversal trade.
Synthetic Price Action GeneratorNOTICE:
First thing you need to know, it "DOES NOT" reflect the price of the ticker you will load it on. THIS IS NOT AN INDICATOR FOR TRADING! It's a developer tool solely generating random values that look exactly like the fractals we observe every single day. This script's generated candles are as fake as the never ending garbage news cycles we are often force fed and expected to believe by using carefully scripted narratives peddled as hypnotic truth to psychologically and emotionally influence you to the point of control by coercion and subjugation. I wanted to make the script's synthetic nature very clear using that analogy, it's dynamically artificial. Do not accidentally become disillusioned by this scripts values, make trading decisions from it, and lastly don't become victim to predatory media magic ministry parrots with pretty, handsome smiles, compelling you to board their ferris wheel of fear. Now, on to the good stuff...
BACKSTORY:
Occasionally I find myself in situations where I have to build analyzers in Pine to actually build novel quantitative analytic indicators and tools worthy of future use. These analyzers certainly don't exist on this platform, but usually are required to engineer and tweak algorithms of the highest quality with the finest computational caliber. I have numerous other synthesizers to publish besides this one.
For many reasons, I needed a synthetic environment to utilize the analyzers I built in Pine, to even pursue building some exotic indicators and algorithms. Pine doesn't allow sourcing of tuples. Not to mention, I required numerous Pine advancements to make long held dreams into tangible realities. Many Pine upgrades have arrived and MANY, MANY more are in need of implementation for all. Now that I have this, intending to use it in the future often when in need, you can now use it too. I do anticipate some skilled Pine poets will employ this intended handy utility to design and/or improved indicators for trading.
ORIGIN:
This was inspired by the brilliance from the world renowned ALGOmist John F. Ehlers, but it's taken on a completely alien form from its original DNA. Browsing on the internet for something else, I came across an article with a small code snippet, and I remembered an old wish of mine. I have long known that by flipping back and forth on specific tickers and timeframes in my Watchlist is not the most efficient way to evaluate indicators in multiple theatres of price action. I realized, I always wanted to possess and use this sort of tool, so... I put it into Pine form, but now have decided to inject it with Pine Script steroids. The outcome is highly mutable candle formations in a reusable mutagenic package, observable above and masquerading as genuine looking price candles.
OVERVIEW:
I guess you could call it a price action synthesizer, but I entitled it "Synthetic Price Action Generator" for those who may be searching for such a thing. You may find this more useful on the All or 5Y charts initially to witness indication from beginning (barstate.isfirst === barindex==0) to end (last_bar_index), but you may also use keyboard shortcuts + + to view the earliest plottable bars on any timeframe. I often use that keyboard shortcut to qualify an indicator through the entirety of it's runtime.
A lot can go wrong unexpectedly with indicator initialization, and you will never know it if you don't inspect it. Many recursively endowed Infinite Impulse Response (IIR) Filters can initialize with unintended results that minutely ring in slightly erroneous fashion for the entire runtime, beginning to end, causing deviations from "what should of been..." values with false signals. Looking closely at spg(), you will recognize that 3 EMAs are employed to manage and maintain randomness of CLOSE, HIGH, and LOW. In fact, any indicator's barindex==0 initialization can be inspected with the keyboard shortcuts above. If you see anything obviously strange in an authors indicator, please contact the developer if possible and respectfully notify them.
PURPOSE:
The primary intended application of this script, is to offer developers from advanced to even novice skill levels assistance with building next generation indicators. Mostly, it's purpose is for testing and troubleshooting indicators AND evaluating how they perform in a "manageable" randomized environment. Some times indicators flake out on rare but problematic price fluctuations, and this may help you with finding your issues/errata sooner than later. While the candles upon initial loading look pristine, by tweaking it to the minval/maxval parameters limits OR beyond with a few code modifications, you can generate unusual volatility, for instance... huge wicks. Limits of minval= and maxval= of are by default set to a comfort zone of operation. Massive wicks or candle bodies will undoubtedly affect your indication and often render them useless on tickers that exhibit that behavior, like WGMCF intraday currently.
Copy/paste boundaries are provided for relevant insertion into another script. Paste placement should happen at the very top of a script. Note that by overwriting the close, open, high, etc... values, your compiler will give you generous warnings of "variable shadowing" in abundance, but this is an expected part of applying it to your novel script, no worries. plotcandle() can be copied over too and enabled/disabled in Settings->Style. Always remember to fully remove this scripts' code and those assignments properly before actual trading use of your script occurs, AND specifically when publishing. The entirety of this provided code should never, never exist in a published indicator.
OTHER INTENTIONS:
Even though these are 100% synthetic generated price points, you will notice ALL of the fractal pseudo-patterns that commonly exist in the markets, are naturally occurring with this generator too. You can also swiftly immerse yourself in pattern recognition exercises with increased efficiency in real time by clicking any SPAG Setting in focus and then using the up/down arrow keys. I hope I explained potential uses adequately...
On a personal note, the existence of fractal symmetry often makes me wonder, do we truly live in a totality chaotic universe or is it ordered mathematically for some outcomes to a certain extent. I think both. My observations, it's a pre-deterministic reality completely influenced by infinitesimal amounts of sentient free will with unimaginable existing and emerging quantities. Some how an unknown mysterious mechanism governing the totality of universal physics and mathematics counts this 100.0% flawlessly and perpetually. Anyways, you can't change the past that long existed before your birth or even yesterday, but you can choose to dream, create, and forge the future into your desires and hopes. As always, shite always happens when your not looking for it. What you choose to do after stepping in it unintentionally... is totally up to you. :) Maybe this tool and tips provided will aid you in not stepping in an algo cachucha up to your ankles somehow.
SCRIPTING LESSONS PORTRAYED IN THIS SCRIPT:
Pine etiquette and code cleanliness
Overwrite capabilities of built-in Pine variables for testing indicators
Various techniques to organize Settings panel while providing ease of adjustment utility
Use of tooltip= to provide users adequate valuable information. Most people want to trade with indicators, not blindly make adjustments to them without any knowledge of their intended operation/effects
When available time provides itself, I will consider your inquiries, thoughts, and concepts presented below in the comments section, should you have any questions or comments regarding this indicator. When my indicators achieve more prevalent use by TV members , I may implement more ideas when they present themselves as worthy additions. Have a profitable future everyone!
Price Clouds (PS)Price could shows you dynamic support resistance levels. It also displays two bands (ie clouds) that show you where the trend is. If the price hits the bottom of the high band thats a buy and if it hits the top of the high band its a sell. During times of volatility the price can break support but you will find that the opposite band will work as the next level. I added tool tips for every option to help explain what everything does and I also left suggestions for other settings.
This works great on everything! That being said I have this setup in a general way that works really well for 20m forex. If you are scalping you might want to speed up the indicator. This is also true if you want go to the daily chart or above. Adjust the Stdev to match the market.. and I mean really play around with.. dont be shy! With all that out of the way this really will work out of the box. If you like this indicator its actually the same thing as my (PBS) but this one is an overlay on the chart. (Also as of publishing this script the code for this version is way cleaner. In fact I plan on replacing PBS with this as its base)
If you find this indicator is useful to you, Star it, Follow, Donate, Like and Share.
Your support is a highly motivation for me.
[H] Multi Coin Compare
Use a focal point to compare multiple coins price action to one another in real time
View the price of up to 5 coins in an easy to view table
Fully Customizable
Void FinderWith the Indicator one can find the voids in price in candles.
Void as in when the close and open of candles are not at the same price
FlōatFloat by AlphanumetriX is an invaluable tool to aid and abet the trader and investor.
Float can...
Assist in managing positions
Assist in identifying new positions
Assist in your accounting practices
Assist with risk management
What is Float?
The value of Float is in its simplicity. After becoming accustomed to it, you will wonder how you ever traded without it.
Float is not a ‘Buy and Sell’ indicator, it can be considered a calculator/risk management tool and position manager.
Float has advanced mathematics built into its code that allows you to set complex parameters that will be clearly displayed over your TradingVeiw charts.
View your P/L in percentage % terms after leverage and in Fiat $ terms after Leverage.
Box
After entering all commands in the settings, you are clearly able to view all pertinent information of your trade in real-time.
Float will apply and recalculate any amendments that you enter instantaneously.
BEFORE entering a trade, use Float to…
Identify where your liquidation point would be, relative to the amount of leverage applied to the trade.
Identify where a potential Stop Loss or Take Profit point could be placed.
Assess the Risk/Reward of the trade.
Run mock trades to gauge your performance prior to live trading.
Calculate the Capital and Quantity of assets post leverage.
Some examples below
Silen's Financials Debt & EquityThis Script shows Debt (red) & Equity (green), as well as Total Equity and Net Income in a preformatted way for a symbol. Total revenue's and Net income's visibility is turned off by default and can be activated in the indicator settings. 🍳
Disclaimer: Any content in this script can be completely replicated by using Tradingview's Build-In Financial Indicators: Total debt, Total equity, Net income and Total revenue. It requires a lot of formatting work to get them to this state though. 👌
However, you are going to need 4 Financial Indicators clogging 🚽 your screen. With this indicator you have them preformatted as an overlay on your chart so you know exactly what's going on with your ticker's financials. 💰
I recommend only using Debt & Equity OR Total Equity & Net Income together. Although displaying all 4 indicators together is possible, it will make your chart quite messy.
This is how the indicator looks like for Total equity and Net Income:
This Script (2) is part of a Series that will contain 3 scripts to help you easily evaluate if a stock is trading in harmony with its fundamentals or not. ☯
Script 1 already exists:
Script 3 will be a Fair Value Indicator. 📣
Script 1 and 2 combined will look like this: 🌄
If you have any questions, let me know! 🙂
Estimate, Earnings, Surprise EarningsThis plot helps you to show estimate earnings , reported earnings , and surprise earnings of a company inside a chart.
Estimate earnings is the projection of earnings of a company by the analysts for a given period of time.
Earnings is a company's reported profits (or sometimes a loss if going negative) in a given quarter or fiscal year.
Surprise earnings is an earning (or sometimes a loss if going negative) which is above (or even below) the estimated or reported earnings.
Estimate earning is plotted by white lines
Reported Earnings is plotted by columns, where positive number is blue and negative number is purple.
Surprise Earnings is plotted by columns, where positive number is green and negative number is red.
You surely will be able to tweak and customize all the colors above with color you find comfortable.
Since earnings are reported every quarter of the year, this plot will gives a good view when you put it inside a 3 Months timeframe.
Hope this helpful.
FX Sessions - All in OneFX Sessions - All In One
This Script offer a wide variety of goodies
SESSION OPEN
it will draw a line for the TOP, MID and LOW of the asian session (you can adjust the hours of the session)
It will draw a line for the TOP and LOW of the London Session (you can adjust the hours of the session)
It will draw a line for the TOP and LOW of the NY Session (you can adjust the hours of the session)
SEPARATORS
while on lower timeframe, you will have a separator for days that occurs at midnight NY time
While on Daily timeframe, you will have a separator that will separate every month, on the 1st trading day of that given month
IMBALANCE
The candle leaving imbalance (a candle where there is a portion that is not matched with a price action left or right)
NY Midnight opening price
a dotted line will be drawn (up to 500 bar limitation) from NY open until it reaches either the 500 bar or the end of the day.
on lower timeframe (below 3 minutes) the bar will not reach the end of the day
Ripple (XRP) Model PriceAn article titled Bitcoin Stock-to-Flow Model was published in March 2019 by "PlanB" with mathematical model used to calculate Bitcoin model price during the time. We know that Ripple has a strong correlation with Bitcoin. But does this correlation have a definite rule?
In this study, we examine the relationship between bitcoin's stock-to-flow ratio and the ripple(XRP) price.
The Halving and the stock-to-flow ratio
Stock-to-flow is defined as a relationship between production and current stock that is out there.
SF = stock / flow
The term "halving" as it relates to Bitcoin has to do with how many Bitcoin tokens are found in a newly created block. Back in 2009, when Bitcoin launched, each block contained 50 BTC, but this amount was set to be reduced by 50% every 210,000 blocks (about 4 years). Today, there have been three halving events, and a block now only contains 6.25 BTC. When the next halving occurs, a block will only contain 3.125 BTC. Halving events will continue until the reward for minors reaches 0 BTC.
With each halving, the stock-to-flow ratio increased and Bitcoin experienced a huge bull market that absolutely crushed its previous all-time high. But what exactly does this affect the price of Ripple?
Price Model
I have used Bitcoin's stock-to-flow ratio and Ripple's price data from April 1, 2014 to November 3, 2021 (Daily Close-Price) as the statistical population.
Then I used linear regression to determine the relationship between the natural logarithm of the Ripple price and the natural logarithm of the Bitcoin's stock-to-flow (BSF).
You can see the results in the image below:
Basic Equation : ln(Model Price) = 3.2977 * ln(BSF) - 12.13
The high R-Squared value (R2 = 0.83) indicates a large positive linear association.
Then I "winsorized" the statistical data to limit extreme values to reduce the effect of possibly spurious outliers (This process affected less than 4.5% of the total price data).
ln(Model Price) = 3.3297 * ln(BSF) - 12.214
If we raise the both sides of the equation to the power of e, we will have:
============================================
Final Equation:
■ Model Price = Exp(- 12.214) * BSF ^ 3.3297
Where BSF is Bitcoin's stock-to-flow
============================================
If we put current Bitcoin's stock-to-flow value (54.2) into this equation we get value of 2.95USD. This is the price which is indicated by the model.
There is a power law relationship between the market price and Bitcoin's stock-to-flow (BSF). Power laws are interesting because they reveal an underlying regularity in the properties of seemingly random complex systems.
I plotted XRP model price (black) over time on the chart.
Estimating the range of price movements
I also used several bands to estimate the range of price movements and used the residual standard deviation to determine the equation for those bands.
Residual STDEV = 0.82188
ln(First-Upper-Band) = 3.3297 * ln(BSF) - 12.214 + Residual STDEV =>
ln(First-Upper-Band) = 3.3297 * ln(BSF) – 11.392 =>
■ First-Upper-Band = Exp(-11.392) * BSF ^ 3.3297
In the same way:
■ First-Lower-Band = Exp(-13.036) * BSF ^ 3.3297
I also used twice the residual standard deviation to define two extra bands:
■ Second-Upper-Band = Exp(-10.570) * BSF ^ 3.3297
■ Second-Lower-Band = Exp(-13.858) * BSF ^ 3.3297
These bands can be used to determine overbought and oversold levels.
Estimating of the future price movements
Because we know that every four years the stock-to-flow ratio, or current circulation relative to new supply, doubles, this metric can be plotted into the future.
At the time of the next halving event, Bitcoins will be produced at a rate of 450 BTC / day. There will be around 19,900,000 coins in circulation by August 2025
It is estimated that during first year of Bitcoin (2009) Satoshi Nakamoto (Bitcoin creator) mined around 1 million Bitcoins and did not move them until today. It can be debated if those coins might be lost or Satoshi is just waiting still to sell them but the fact is that they are not moving at all ever since. We simply decrease stock amount for 1 million BTC so stock to flow value would be:
BSF = (19,900,000 – 1.000.000) / (450 * 365) =115.07
Thus, Bitcoin's stock-to-flow will increase to around 115 until AUG 2025. If we put this number in the equation:
Model Price = Exp(- 12.214) * 114 ^ 3.3297 = 36.06$
Ripple has a fixed supply rate. In AUG 2025, the total number of coins in circulation will be about 56,000,000,000. According to the equation, Ripple's market cap will reach $2 trillion.
Note that these studies have been conducted only to better understand price movements and are not a financial advice.
High Volume Price Levels x3This script detects recent huge volume areas to help you finding out good support and resistance levels.
For each of the 3 periods (defaults : 100, 200, 500) a new line will be drawn from the last time the volume amount exceeded n% (default 99%) of the highest volume on the same period, to the next occurence.
Most of time, these lines represent strong support and resistance levels which can be helpful in your technical analysis.
Options:
Volume trigger level: represents the minimum % of the highest volume within the given period on which you want to draw a new price level. (But higher this % is, stronger the levels will be)
Periods: The reference periods for high volume detection.
Show period: Enable/Disable the use of any period.
Period Color: Select a color correspondig to each period.
Show current levels only: Disable drawing of previous levels, to display current levels only.
Extend last level: Extend current lines to right/left/both or none sides of your chart.
Notes:
Sometimes, the last detected level from every periods can be the same at the same moment. In this situation, you'll only see one or two of the lines instead of three.
I'd like to figure out how to continuously draw every interesting levels without making the chart unreadable. Of course this script will be updated if I find a good way to do it.
Feel free to suggest any improvements/modifications.
Example:
WhaleCrew Crypto ArbitrageVisualizes the price difference (deviation) off BTC/ETH across multiple exchanges (Spot and/or Perpetuals)
Spot prices are represented by circles, while perpetual prices are shown as crosses.
Spot:
Binance
FTX
Bitfinex
Coinbase
Perpetuals:
Binance
FTX
Bybit
BitMEX
Auto Price Action - Multi Time Frame [Mehrok]Auto Price Action - Volume Price and Spread - Multi Time Frame
Volume Price and Spread script generates important support and resistance levels basis activity happening in price, volume and candle spread. The basic idea has been taken from concepts of VSA which underlies that weakness appears in uptrend and strength in downtrend. Script will try to find candles which have volume higher then average and candle spread.
Underlying logic:
Script generates significant high's as resistance and lows as support basis activity happened on volume , price and candle spread. Multi Time Frame gives ability to find strong support and resistance levels on higher time frames and display on lower time frame chart.
Usage:
As it records and maintain important high and lows happening on candles till the time new levels are generated therefore generated price levels act as significant support or resistance. Higher the activity in volume , price and spread stronger that price level would act as support or resistance in future.
Script work on all time frame where volume information is available. In absence of volume information script would only generate optional levels and that too if activated.
PE BandPE Band is computed from the historical patterns of the Price Earnings Ratio (PE Ratio) for each individual stock. The advantage of the PE Band is its consideration for both the fundamental factor (i.e. profitability) and the historical trading pattern of a stock. But if you need to adjust to your favorite PE Band, you can still enter the PE figures in settings.
The use of PE Band is especially meaningful for listed companies, which have profitable track records. For a stock with stable earnings, its price tends to move within the PE Band. In other words, the stock price in one extreme tends move to the other extreme within the Band.
Profit Percentage TrackerThis script provides a quick and easy way to visualize profits in a chart, based on the given entry date and price.
Optionally, alerts can be sent when profits cross up the given " profit unit ".
In short:
Tracks how much profit one could take based on the input " entry date " and the input " entry price "
These inputs are interactive (www.tradingview.com)
Displays the result in a label on top of the last candle
(Optional) Sends alerts based on the given " profit unit ", that is: if ' 0.5 ' is given, then an alert is triggered every time the profit is raised by that number
(Be careful with low values, as TradingView could stop an alert if it triggers too much.)
For alerts to be displayed, a " script alert " must be created right after the script was added to the chart:
- www.tradingview.com
(Choose ' Profits ' as condition and ' Any alert() function call ')
Good to know: if you check " Notify on app ", alerts can be delivered directly to your phone:
i.imgur.com
Prerequirements :
The chart's timezone has to be set to " Exchange " (this is required in order to support the alert's logic):
- kodify.net
Never Going Back AgainDraws lines for each of up to 500 prices that have never been revisited at the present moment in time, as time progresses these levels may or may not hodl.
Adaptation of "Never Look Back Price" originally described by Timothy Peterson in his research paper entitled "Why Bitcoin's Price Is Never Looking Back".
For more information see: static1.squarespace.com
Dividend Yield & Dividend Growth Rate (Most Accurate)In this indicator it shows the dividend yield in green line and dividend growth rate in blue area.
Currently our dividend yield calculation is the most accurate in TradingView.
Dividend growth rate is the annualized percentage growth rate experienced by dividends of a given stock over 5 years period of time.
Many established companies have sought to regularly increase dividends paid to investors.
Gearing RatioEach company uses a different method to calculate their gearing ratio in financial quarterly report or annual report.
The best way to compare each other is to use the same calculation.
In this version we have 2 calculation method, you change this from the setting.
1. Net gearing ratio (default setting)
2. Gearing ratio
Silen's Financials P/E & P/S[x10] RatesThis script aims to give a better visualization of P/E and P/S rates compared to the build-in "Price to earnings ratio" and "Price to sales ratio" in the "Financials" Section of Tradingview. For those of you don't know, those rates compare earnings and sales with your share price in regard to market cap and outstanding shares.
The scripts differs to the build-in versions in the following points:
- P/E & P/S rates are combined in one indicator
- Negative P/E rates are displayed better: Positive P/E rates are green, Negative P/E rates are red
- For visualization reasons, the indicator will cap positive and negative P/E rates at 100. (P/E rates above those levels are not siginificant either way)
- P/E & P/S rate are directly displayed on the graph
- Both P/E and P/S rates are combined on one left scale
- For visualization reasons, P/S rate is showing 10x the actual P/S rate. Using the standard P/S rate would result in hard-to-recognize changes of the P/S line.
To sum up:
- Positive P/E rates are green
- Negative P/E rate are red
- P/S rates are multiplied by 1 0
- P/S rates are yellow
How to use P/E and P/S rates:
The US market average for P/E rates is roughly ~18 in the US right now (10/2022) while the market average for P/S rates is roughly ~3 in the US. Note that average P/E and P/S can change when the market situation changes.
P/E and P/S rates help you value your stock better and help you decide whether your stock is undervalued or overvalued compared to the market or the industry when it comes to earnings and sales. If you compare to Market averages, a positive P/E of less than 18 means that your stock is likely unvervalued. A P/S rate below 3 (30 in the chart!) means that your stock is likely undervalued as well. If your stock shows rates above those, it is likely that it is overvalued compared to market averages.
Please note that P/E and P/S rates are not the only factors that make up a stock valuation. Valuations are complex and subjective.
A positive P/E rate also means that your company is profitable.
A Negative P/E rate means that your company is unprofitable.
If you have any questions or feedback let me know!
Disclaimer: This script doesn't show the actual P/S rate. It shows the P/S rate multiplied by 10, due to visualization issues. Positive P/E Rates above 100 are displayed as 100. Positive P/E rates are green, Negative P/E rates are red and multiplied by -1.
Disclaimer2: @Tradingview_Team: I couldn't find the right category for this script but categories are mandatory. I assume that "Breadth Indicators" is still the closest there is. Please let me know if you want me to change the category.
Disclaimer3: For visualization, the opacity of the displayed image is 70%. The standard opacity for the P/E and P/S lines is 50% and can be changed in the indicator settings. I found this setting more useful when working together with other indicators on the same chart
Disclaimer4: Earnings Per Share, Total Revenue used are TTM. Total Shares Outstanding used are FQ.
Gain/StopLoss Percentage LinesGain/StopLoss Percentage Lines is a quick way to enter your Entry Price in to a stock and track the percentage of gain or loss at the 5% and 10% markers.
Click on the gear settings icon and type in your entry price. The percentage is defaulted to 5%. You can change this to a different percentage at this screen. Note that whatever number you enter will be doubled for the upper and lower lines. For instance, if you want to set your first red line stop loss and green gain line at 2.5%, your two other upper and lower green and red lines will be at 5%.
However, this will not change the text on the tab marker.
To change the tab text, go in to the Pine Editor and change the green text that says "5% Gain" and "5% Loss" to your new percentages.
