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Indicatori e strategie

Volume Profile [Makit0]VOLUME PROFILE INDICATOR v0.5 beta Volume Profile is suitable for day and swing trading on stock and futures markets, is a volume based indicator that gives you 6 key values for each session: POC, VAH, VAL, profile HIGH, LOW and MID levels. This project was born on the idea of plotting the RTH sessions Value Areas for /ES in an automated way, but you can select between 3 different sessions: RTH, GLOBEX and FULL sessions. Some basic concepts: - Volume Profile calculates the total volume for the session at each price level and give us market generated information about what price and range of prices are the most traded (where the value is) - Value Area (VA): range of prices where 70% of the session volume is traded - Value Area High (VAH): highest price within VA - Value Area Low (VAL): lowest price within VA - Point of Control (POC): the most traded price of the session (with the most volume) - Session HIGH, LOW and MID levels are also important There are a huge amount of things to know of Market Profile and Auction Theory like types of days, types of openings, relationships between value areas and openings... for those interested Jim Dalton's work is the way to come I'm in my 2nd trading year and my goal for this year is learning to daytrade the futures markets thru the lens of Market Profile For info on Volume Profile: TV Volume Profile wiki page at www.tradingview.com For info on Market Profile and Market Auction Theory: Jim Dalton's book Mind over markets (this is a MUST) BE AWARE: this indicator is based on the current chart's time interval and it only plots on 1, 2, 3, 5, 10, 15 and 30 minutes charts. This is the correlation table TV uses in the Volume Profile Session Volume indicator (from the wiki above) Chart Indicator 1 - 5 1 6 - 15 5 16 - 30 10 31 - 60 15 61 - 120 30 121 - 1D 60 This indicator doesn't follow that correlation, it doesn't get the volume data from a lower timeframe, it gets the data from the current chart resolution. FEATURES - 6 key values for each session: POC (solid yellow), VAH (solid red), VAL (solid green), profile HIGH (dashed silver), LOW (dashed silver) and MID (dotted silver) levels - 3 sessions to choose for: RTH, GLOBEX and FULL - select the numbers of sessions to plot by adding 12 hours periods back in time - show/hide POC - show/hide VAH & VAL - show/hide session HIGH, LOW & MID levels - highlight the periods of time out of the session (silver) - extend the plotted lines all the way to the right, be careful this can turn the chart unreadable if there are a lot of sessions and lines plotted SETTINGS - Session: select between RTH (8:30 to 15:15 CT), GLOBEX (17:00 to 8:30 CT) and FULL (17:00 to 15:15 CT) sessions. RTH by default - Last 12 hour periods to show: select the deph of the study by adding periods, for example, 60 periods are 30 natural days and around 22 trading days. 1 period by default - Show POC (Point of Control): show/hide POC line. true by default - Show VA (Value Area High & Low): show/hide VAH & VAL lines. true by default - Show Range (Session High, Low & Mid): show/hide session HIGH, LOW & MID lines. true by default - Highlight out of session: show/hide a silver shadow over the non session periods. true by default - Extension: Extend all the plotted lines to the right. false by default HOW TO SETUP BE AWARE THIS INDICATOR PLOTS ONLY IN THE FOLLOWING CHART RESOLUTIONS: 1, 2, 3, 5, 10, 15 AND 30 MINUTES CHARTS. YOU MUST SELECT ONE OF THIS RESOLUTIONS TO THE INDICATOR BE ABLE TO PLOT - By default this indicator plots all the levels for the last RTH session within the last 12 hours, if there is no plot try to adjust the 12 hours periods until the seesion and the periods match - For Globex/Full sessions just select what you want from the dropdown menu and adjust the periods to plot the values - Show or hide the levels you want with the 3 groups: POC line, VA lines and Session Range lines - The highlight and extension options are for a better visibility of the levels as POC or VAH/VAL THANKS TO @watsonexchange for all the help, ideas and insights on this and the last two indicators (Market Delta & Market Internals) I'm working on my way to a 'clean chart' but for me it's not an easy path @PineCoders for all the amazing stuff they do and all the help and tools they provide, in special the Script-Stopwatch at that was key in lowering this indicator's execution time All the TV and Pine community, open source and shared knowledge are indeed the best way to help each other IF YOU REALLY LIKE THIS WORK, please send me a comment or a private message and TELL ME WHAT you trade, HOW you trade it and your FAVOURITE SETUP for pulling out money from the market in a consistent basis, I'm learning to trade (this is my 2nd year) and I need all the help I can get GOOD LUCK AND HAPPY TRADING
Indicatore Pine Script®
di makit0
64
Vicious Mortgage Rates V1.0A script that contains real time mortgage rates from Wells Fargo using the QUANDL data link. Use this lower indicator with US10Y or others on the top. VIX will be added as well to help inform and predict. List of Available Mortgage Interest Rates including APR or IR (Interest Rate) *NOTE* : Not all indicators are up and running yet but will be very soon. INDICATOR|CODE Purchase Rate Conforming Loan 30-Year Fixed Rate Interest Rate|PR_CON_30YFIXED_IR Purchase Rate Conforming Loan 30-Year Fixed Rate APR|PR_CON_30YFIXED_APR Purchase Rate Government Loan 30-Year Fixed-Rate FHA Interest Rate|PR_GOV_30YFIXEDFHA_IR Purchase Rate Government Loan 30-Year Fixed-Rate FHA APR|PR_GOV_30YFIXEDFHA_APR Purchase Rate Conforming Loan 15-Year Fixed Rate Interest Rate|PR_CON_15YFIXED_IR Purchase Rate Conforming Loan 15-Year Fixed Rate APR|PR_CON_15YFIXED_APR *Purchase Rate Conforming Loan 7/1 ARM Interest Rate|PR_CON_71ARM_IR *Purchase Rate Conforming Loan 7/1 ARM APR|PR_CON_71ARM_APR *Purchase Rate Conforming Loan 5/1 ARM FHA Interest Rate|PR_CON_51ARM_IR *Purchase Rate Conforming Loan 5/1 ARM FHA APR|PR_CON_51ARM_APR Purchase Rate Government Loan 5/1 ARM FHA Interest Rate|PR_GOV_51ARMFHA_IR Purchase Rate Government Loan 5/1 ARM FHA APR|PR_GOV_51ARMFHA_APR Purchase Rate Larger Loan Amounts in Eligible Areas (Conforming Loan) 30-Year Fixed Rate Interest Rate|PR_LARGERCON_30YFIXED_IR Purchase Rate Larger Loan Amounts in Eligible Areas (Conforming Loan) 30-Year Fixed Rate APR|PR_LARGERCON_30YFIXED_APR Purchase Rate Larger Loan Amounts in Eligible Areas (Government Loan) 30-Year Fixed-Rate FHA Interest Rate|PR_LARGERGOV_30YFIXEDFHA_IR Purchase Rate Larger Loan Amounts in Eligible Areas (Government Loan) 30-Year Fixed-Rate FHA APR|PR_LARGERGOV_30YFIXEDFHA_APR Purchase Rate Larger Loan Amounts in Eligible Areas (Conforming Loan) 7/1 ARM Interest Rate|PR_LARGERCON_71ARM_IR Purchase Rate Larger Loan Amounts in Eligible Areas (Conforming Loan) 7/1 ARM APR|PR_LARGERCON_71ARM_APR Purchase Rate Jumbo Loan (Amounts that exceed conforming loan limits) 30-Year Fixed Rate Interest Rate|PR_JUMBO_30YFIXED_IR Purchase Rate Jumbo Loan (Amounts that exceed conforming loan limits) 30-Year Fixed Rate APR|PR_JUMBO_30YFIXED_APR Purchase Rate Jumbo Loan (Amounts that exceed conforming loan limits) 7/1 ARM Interest Rate|PR_JUMBO_71ARM_IR Purchase Rate Jumbo Loan (Amounts that exceed conforming loan limits) 7/1 ARM APR|PR_JUMBO_71ARM_APR Refinance Rate Conforming Loan 30-Year Fixed Rate Interest Rate|RR_CON_30YFIXED_IR Refinance Rate Conforming Loan 30-Year Fixed Rate APR|RR_CON_30YFIXED_APR Refinance Rate Government Loan 30-Year Fixed-Rate FHA Interest Rate|RR_GOV_30YFIXEDFHA_IR Refinance Rate Government Loan 30-Year Fixed-Rate FHA APR|RR_GOV_30YFIXEDFHA_APR Refinance Rate Conforming Loan 15-Year Fixed Rate Interest Rate|RR_CON_15YFIXED_IR Refinance Rate Conforming Loan 15-Year Fixed Rate APR|RR_CON_15YFIXED_APR *Refinance Rate Conforming Loan 7/1 ARM Interest Rate|RR_CON_71ARM_IR *Refinance Rate Conforming Loan 7/1 ARM APR|RR_CON_71ARM_APR *Refinance Rate Conforming Loan 5/1 ARM Interest Rate|PR_CON_51ARM_IR *Refinance Rate Conforming Loan 5/1 ARM APR|PR_CON_51ARM_APR Refinance Rate Government Loan 5/1 ARM FHA Interest Rate|RR_GOV_51ARMFHA_IR Refinance Rate Government Loan 5/1 ARM FHA APR|RR_GOV_51ARMFHA_APR Refinance Rate Larger Loan Amounts in Eligible Areas (Conforming Loan) 30-Year Fixed Rate Interest Rate|RR_LARGERCON_30YFIXED_IR Refinance Rate Larger Loan Amounts in Eligible Areas (Conforming Loan) 30-Year Fixed Rate APR|RR_LARGERCON_30YFIXED_APR Refinance Rate Larger Loan Amounts in Eligible Areas (Government Loan) 30-Year Fixed-Rate FHA Interest Rate|RR_LARGERGOV_30YFIXEDFHA_IR Refinance Rate Larger Loan Amounts in Eligible Areas (Government Loan) 30-Year Fixed-Rate FHA APR|RR_LARGERGOV_30YFIXEDFHA_APR Refinance Rate Larger Loan Amounts in Eligible Areas (Conforming Loan) 7/1 ARM Interest Rate|RR_LARGERCON_71ARM_IR Refinance Rate Larger Loan Amounts in Eligible Areas (Conforming Loan) 7/1 ARM APR|RR_LARGERCON_71ARM_APR Refinance Rate Jumbo Loan (Amounts that exceed conforming loan limits) 30-Year Fixed Rate Interest Rate|RR_JUMBO_30YFIXED_IR Refinance Rate Jumbo Loan (Amounts that exceed conforming loan limits) 30-Year Fixed Rate APR|RR_JUMBO_30YFIXED_APR Refinance Rate Jumbo Loan (Amounts that exceed conforming loan limits) 7/1 ARM Interest Rate|RR_JUMBO_71ARM_IR Refinance Rate Jumbo Loan (Amounts that exceed conforming loan limits) 7/1 ARM APR|RR_JUMBO_71ARM_APR QUANDL:FRED/MORTG Feature to be Added: Trending Oscillators Alerts www.quandl.com
Indicatore Pine Script®
di TheViciousVB
3
Bias And Sentiment Strength (BASS) Indicator by mattzabBias And Sentiment Strength (BASS) Indicator is designed to be a quick visualization as to the market strength. Pair with Alligator, MACD, or Moving Average lines on your chart for good results. How to use this indicator: Blue above 0 is positive sentiment, red below 0 is negative sentiment. If you have blue above and red below, be cautious! The Bass is telling you that we have a battle between the Bulls and the Bears! The purple bars are your volume bias. Volume bias can be positive or negative, despite the direction of the overall trend. Positive Volume Bias along with Bullish Blue Sentiment is a great sign! Go Long! If you have Bullish Sentiment and have a negative Volume Bias, be cautious! Price may not be moving with much conviction, and may be subject to reversal! This is basically several different histograms overlaying one another, and they are blue above 0 and red below 0. MACD Histogram - Standard MACD Histogram here. RSI Histogram - This is a standard RSI. It has been adjusted to "oscillate" above and below zero, which would be the 50 line on a normal RSI chart. Slow Stochastic Histogram - This is a slow stochastic with a 21 Period K, 14 Period D, and 14 Smoothing K. The "oscillator" histogram is formed by subtracting K from D. Awesome Oscillator - This is a standard Awesome Oscillator Alligator Oscillator - This is formed by adding (lips + teeth) + (teeth - jaw) Volume Bias - The Volume Bias is displayed as purple bars, and is calculated by a highly sophisticated and complex algorithmic function called subtraction. It's just the 30 Period Volume-Weighted Moving Average Minus the 30 Simple Moving Average. Enjoy!
Indicatore Pine Script®
di mattzab
28
Uhl MA Crossover SystemToday proposed indicator is based on the corrected moving average, an indicator originally proposed by Andreas Uhl professor at Salzburg University. This moving average is not the most well known, which is a pity since its design is extremely elegant. The corrected moving average (CMA) is an adaptive moving average based on exponential averaging and aim to correct common problems of classical moving averages such as crosses occurring during sideway markets, more details will be introduced in the calculation section. The CMA aim to act as a slow moving average in a moving average crossover system. Here a new fast adaptive moving average named corrected trend step (CTS) based on the CMA is introduced in order to provide a full moving average crossover system based on A. Uhl design. To Andreas Uhl Calculation And Understanding The CTS Even if the code is quite compact, the original idea behind the CMA can be blurry for some users, however it is actually relatively simple to understand. The CMA is based on exponential averaging and a smoothing variable is therefore required, in the CMA the calculation of the smoothing variable is based on the squared distance between the precedent CMA output and a simple moving average, and the rolling variance, where the rolling variance act as threshold. The CTS work the same way but instead of using the squared error between a simple moving average and the previous CMA output, we use the squared error between the closing price and the previous CTS output, this allow the CTS to better fit with the closing price. As said before the rolling variance act as threshold, if the squared error is lower than the rolling variance this mean that the CTS is close to the price, which can indicate a sideway market, therefore we should filter the entirety of the current price, therefore on sideways market the CTS is equal to the precedent value of the CTS. In trending/volatile markets we expect the price to go away from the CTS, thus having an high squared error, if the squared error is greater than the rolling variance, the smoothing variable is equal to 1 - variance/squared error , here variance/squared error < 1 since the squared error is greater than the rolling variance ( remember that the smoothing variable need to be in a (0,1) range ), however if the squared error is way higher than variance this ratio will be small, which would return a non reactive output, but thats not what we want ! This is why we subtract 1 by this ratio in order to make the CTS more reactive instead of less reactive. In case the squared error is greater than the rolling variance during sideway markets we would not expect a huge difference anyway, that is squared error ≈ variance and therefore: 1 - variance/squared error ≈ 1 - 1/1 ≈ 1 - 1 ≈ 0 This is a beautiful way to make an adaptive moving average, the CMA is not a flashy indicator, but when we look at the details behind the design we can only get amazed, or maybe that its just me, truly a great adaptive moving average. The System length control the filtering amount of both moving averages, with higher values of length returning larger filtering amount. Mult multiply the rolling variance by an user selected value, this also allow a greater amount of filtering. The CTS act as a fast moving average while the CMA act as a slow moving average. Here the indicator with length = 200, we can see how a sideway market who could have generated a large amount of signals don't affect our system. Unlike classical crossovers systems where the slow moving average will rarely produce a cross with the fast moving average and price at the same time, the Uhl system can actually do that: Conclusion A moving average crossover system based on the corrected moving average proposed by Andreas Uhl has been presented, a new moving average that aim to produce good fits with the price has been created especially for this system. The logic behind the CMA has also been explained. A possible strategy analysis could be presented in the future. In conclusion i would say the CMA is a bit underrated, in a field where arrows, signals, alerts are the only things appreciated by peoples, original content is slowly dying, this actually make today technical indicators have a pretty bad academic reputations. I'am afraid that today haiku master is Uhl rather than me, i hope to see more indicators from him in the future. Thanks for reading ! Original paper: www.buero-uhl.de
Indicatore Pine Script®
di alexgrover
49
VQZL Z-ScoreVolatility Qaulity Zero Line attempts to keep a trader out of ranging markets, but the original calculation on TradingView had to be adjusted for each instrument. To avoid this issue, I have applied a z-score calculation to the VQZL so the result is standardized for all instruments. A Z-Score is simply a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean. This calculation allows us to compare current volatility to the mean (moving average) of the population (Z-Length). The closer the VQZL Z-Score is to the mean, the closer it will be to the Zero Line and therefore price is likely consolidating and choppy. The farther VQZL Z-Score is from the mean, the more likely price is trending. The MA Mode determines the Moving Average used to calculate VQZL itself. The Z-Score is ALWAYS calculated with a simple moving average (as that is the standard calculation for Z-Score). The Threshold Levels are the levels at which VQZL Z-Score will change from gray to yellow, orange, green (bullish), or red (bearish). These levels can be adjusted but you should adjust the Threshold Lines as well (in the style section), so they line up with your adjusted values. Statistically speaking, confidence levels in relation to Z-Score are noted below. The built in Threshold Levels are the positive and negative values for 90%, 95%, and 99%. This would indicate when volatility is greater than these values they are out of the ordinary from the standard range. You may wish to adjust these levels for VQZL Z-Score to be more responsive to your trading need 80% :: 1.28 85% :: 1.44 90% :: 1.64 95% :: 1.96 99% :: 2.58 As always, trade at your own risk. VQZL Created by Investo And Adapted From @sarangab Multiple MA Options Credits to @Fractured Bits and Pieces from @AlexGrover and @Montyjus
Indicatore Pine Script®
di StephXAGs
29
RedK_Directional Index / K xDMIHere's a modern take on the famous DMI/ADX. i first wrote this on another platform few years ago, so i'm happy to be able to share it on TradingView quick refresher: what does DMI/ADX tell us: ------------------------------------------------------ in simple terms, at the core of this indicator, there are 3 main calculations / lines: the Plus Directional Index ( +DI ) which represents how much the bulls are able to push the high of a bar compared to previous one, the Minus Directional Index ( -DI ), showing how much the bears are able to push the low of a bar from previous one, then the Average Directional index ( ADX ) line, which creates an oscillator of the +DI and -DI to represent the strength of a trend -- usually the lines will be colored accordingly (bulls = green, bears = red, and any different color for the ADX ) Similar to my version of the RSI , we take a classic concept, then use the computing and visualization "super powers" available to us today, to extend and improve on what those masters created in the past. I guess they sort of expected us to do exactly that :) this "extended" version of DMI/ADX provides couple of highly needed features (in my opinion) -- let's explore: trying as much as possible to avoid jargon - pls forgive me if i failed in some places. ------------------------------------------------------------------------------------------------- 1 - the big change: the ability to visualize the ADX in a way that makes some more sense. - the original calculation restricted the ADX to oscillate below zero - i'm sure they had a good reason to build it that way in the past - but to me, it becomes super hard to interpret what the ADX line means, especially when a negative trend (the bears) take over. by removing that restriction and allowing the ADX to oscillate up or down (and we're free to do that, so the indicator shows *us* what *we need* to see), we end up with an improved representation of the trend and the trend strength. - also the original calculation applies a moving average (default 14 bars) of a moving average (another 14 of the Directional Indexes, which represent the strength of bulls vs bears) to calculate the ADX - that makes the ADX very "removed" from the base price values - i change that, and just smooth the initial +Di / -Di then calculate the ADX from there. again, this shows me the outcome of the (relatively) immediate moves. 2 - i use weighted average WMA () in all my averaging calculations .. i believe this type of average is the best to express the importance of recent days / bars vs the ones further in the past, compared to other averaging techniques 3 - ability to make the DMI volume-weighted .. but contrary to my RSI , this is not set by default. 4 - couple of options to view the unrestricted ADX (as an area or as histogram/columns .. which i call Vertical Bars) for improved visualization other stuff: 5 - a "step" option for the ADX .. you can set the step option to an increment of, say 5 or 10. this is in case you prefer to see the trend more in "quality" terms - so the equivalent of weak, medium, strong, v. strong...etc -- since in reality, a number like 47.7683 doesn't really mean anything specific 6 - optional "strong trend" adjustable level Settings & usage suggestion: ----------------------------------- i prefer to use the defaults (length = 7, smoothing = 3, ..etc) -- i believe these are more suitable to the much faster trading that we have now. you can review the comparison chart and see if this works for you, and adjust as you need. from a "signal" standpoint, you can use the xDMI as you use the classic DMI/ADX, bulls (or bears) are in control when the corresponding DI line crosses the other going up, *AND* moving above the "strong trend" level that you can set as an extra filter (usually a value between 20 to 30), while ADX will show the quality/strength of the trend. i suggest you also utilize this indicator with other trend / momentum confirmation methods, and additional analysis and not in isolation - as well as inspecting the prevailing / longer time frame to ensure you're acting in the direction of the broader move / trend. the above chart includes a side-by-side comparison between our new xDMI with the classic DMI/ADX using the same settings - then we add at the bottom panel also the xDMI, but with my default (faster) settings and showing other visualization options that can be utilized - the Moving Averages on the top / price panel is just to help put the price movement into perspective in terms of trend and trend strength. The code is open and commented - please feel free to use, share, comment & provide feedback. if you're a DMI fan, and you find this useful in your trading, i would be more than happy to hear about it Good luck!
Indicatore Pine Script®
di RedKTrader
7
Dekidaka-Ashi - Candles And Volume Teaming Up (Again)The introduction of candlestick methods for market price data visualization might be one of the most important events in the history of technical analysis, as it totally changed the way to see a trading chart. Candlestick charts are extremely efficient, as they allow the trader to visualize the opening, high, low and closing price (OHLC) each at the same time, something impossible with a traditional line chart. Candlesticks are also cleaner than bars charts and make a more efficient use of space. Japanese peoples are always better than everyone at an incredible amount of stuff, look at what they made, the candlesticks/renko/kagi/heikin-ashi charts, the Ichimoku, manga, ecchi... However classical candlesticks only include historical market price data, and won't include other type of data such as volume, which is considered by many investors a key information toward effective financial forecasting as volume is an indicator of trading activity. In order to tackle to this problem solutions where proposed, the most common one being to adapt the width of the candle based on the amount of volume, this method is the most commonly accepted one when it comes to visualizing both volume and OHLC data using candlesticks. Now why proposing an additional tool for volume data visualization ? Because the classical width approach don't provide usable data regarding volume (as the width is directly related to the volume data). Therefore a new trading tool based on candlesticks that allow the trader to gain access to information about the volume is proposed. The approach is based on rescaling the volume directly to the price without the direct use of user settings. We will also see that this tool allow to create support and resistances as well as providing signals based on a breakout methodology. Dekidaka-Ashi - Kakatte Koi Yo! "Dekidaka" (出来高) mean "Volume" in a financial context, while "Ashi" (足) mean "leg" or "bar". In general methods based on candlesticks will have "Ashi" in their name. Now that the name of the indicator has been explained lets see how it works, the indicator should be overlayed directly to a candlestick chart. The proposed method don't alter the shape of the candlesticks and allow to visualize any information given by the candles. As you can see on the figure below the candle body of the proposed tool only return the border of the candle, this allow to show the high/low wick of the candle. The body size of the candle is based on two things : the absolute close/open difference, and the volume, if the absolute close/open difference is high and the volume is high then the body of the candle will be clearly visible, if the volume is high but the absolute close/open difference is low, then the body will be less visible. This approach is used because of the rescaling method used, the volume is divided by the sum between the current volume value and the precedent volume value, this rescale the volume in a (0,1) range, this result is multiplied by the absolute close/open difference and added/subtracted to the high/low price. The original approach was based on normalization using the rolling maximum, but this approach would have led to repainting. You have access to certain settings that can help you obtain a better visualization, the first one being the body size setting, with higher values increasing the body amplitude. In green body with size 2, in red with size 1. The smooth parameter will smooth the volume data before being used, this allow to create more visible bodies. Here smooth = 100. Making Bands From The Dekidaka-Ashi This tool is made so it output two rescaled volume values, with the highest value being denoted as "Dekidaka-high" and the lowest one as "Dekidaka-low". In order to get bands we must use two moving averages, one using the Dekidaka-high as input and the other one using Dekidaka-low, the body size parameter should be fairly high, therefore i will hide the tool as it could cause trouble visualizing the bands. Bands with both MA's of period 20 and the body size equal to 20. Larger periods of the MA's will require a larger amount of body size. Breakout Signals There is a wide variety of signals that can be made from candles, ones i personally like comes from the HA candles. The proposed tool is no exception and can produce a wide variety of signals. The signals generated are basic ones based on a breakout methodology, here is each signal with their associated label : Strong Bullish signal "⇈" : The high price cross the Dekidaka-high and the closing price is greater than the opening price Strong Bearish signal "⇊" : The low price cross the Dekidaka-low and the closing price is lower than the opening price Weak Bullish signal "↑" : The high price cross the Dekidaka-high and the closing price is lower than the opening price Weak Bearish signal "↓" : The low price cross the Dekidaka-low and the closing price is greater than the opening price Uncertain "↕" : The high price cross the Dekidaka-high and the low price cross the the Dekidaka-low In order to see the signals on the chart check the "Show signals" option. Note that such signals are not based on an advanced study, and even if they are based on a breakout methodology we can see that volatile movement rarely produce signals, therefore signals mostly occur during low volume/volatility periods, which isn't necessarily a great thing. Conclusion A trading tool based on candlesticks that aim to include volume information has been presented and a brief methodology has been introduced. A study of the signals generated is required, however i'am not confident at all on their accuracy, i could work on that in the future. We have also seen how to make bands from the tool. Candlesticks remain a beautiful charting technique that can provide an enormous amount of information to the trader, and even if the accuracy of patterns based on candlesticks is subject to debates, we can all agree that candlesticks will remain the most widely used type of financial chart. On a side note i mostly use a dark color for a bullish candle, and a light gray for a bearish candle, with the border color being of the same color as the bullish candle. This is in my opinion the best setup for a candlestick chart, as candles using the traditional green/red can kill the eyes and because this setup allow to apply a wide variety of colors to the plot of overlayed indicators without the fear of causing conflict with the candles color. Thanks for reading ! :3 Nya A Word This morning i received some hateful messages on twitter, the users behind them certainly coming from tradingview, so lets be clear, i know i'am not the most liked person in this community, i know that perfectly, but no one merit to be receive hateful messages. I'am not responsible for the losses of peoples using my indicators, nor is tradingview, using technical indicators does not guarantee long term returns, your ability to be profitable will mostly be based on the quality and quantity of knowledge you have.
Indicatore Pine Script®
di alexgrover
40
Reversal finderThis script is used to visually highlight candles which may signal a reversal following a false break of a support or resistance level. Inputs are: Lookback period: look for the highest high and the lowest low of the prior x bars. SMA length: used for a simple moving average of the range (high minus low) of the prior x bars. Range multiple: used to filter out signals for any bars with a range smaller than the average range of the preceding bars (determined by SMA length above) e.g. a range multiple of 2 will only show signals for bars with a range twice of that of the average range of the preceding bars. Range threshold: used to filter signals for bars both the open and close of the bar are at the extreme end of the bar e.g. a threshold setting of 33% will only show buy signals for bars which open and close within the upper 1/3rd of the bar’s high/low range (vice versa for sell signals). This helps highlight, for example, bars with a high which exceeds resistance in a current range but which close back inside the range. Highlight signal bars?: This will highlight bars with a buy signal in green, sell signal bars in red, and all other bars in grey. The script was designed for use with a dark background, so you will need to play around with the bar colours in the style settings to suit your preferences. Settings used in the example chart are not the default – they are lookback: 5, SMA length: 20, range multiple: 1.2, range threshold: 33%. Enjoy!
Indicatore Pine Script®
di NS91
23
OBV Traffic LightsThe idea with On-balance volume (OBV) is to see price movement based on volume instead of the distance between the open and close of a candle. This can be used to find the relationship between volume and price action much easier than normal volume bars. This version spices the OBV up a bit by basing it off of the current and previous close of the Heikin Ashi of the current bar, as well as adding "traffic light" moving averages to the mix to get a better grasp of trends and when volume has shifted direction as well as by how much. Thanks to Peter Whipp for the original idea of using the OBV with traffic light moving averages, as well as the default settings for them.
Indicatore Pine Script®
di lejmer
22
Earnings, Splits, DividendsExample of requesting Earnings, Splits, Dividends using pine-script. That way is inner representation of data in TradingView, so it can be changed any time. It's just an example of requesting of the data. Description of the series. Earnings: time: report date (unix time stamp) open: estimate value low: reported value close: actual value high: fiscal period (unix time stamp) Splits: time: split date (unix time stamp) close: split denominator open: split numerator Dividends: time: ex-dividend date (unix time stamp) close: amount
Indicatore Pine Script®
di MichelT
19
SMU STDEV Candles This script creates a STDEV in a candle format so you can see the Change in a candle format and compare it with the actual price candle. Is very similar to SMU RSI and SMU ROC. The interesting part is to see the full effect of traditional indicators in a candle format rather than a simple plot format. Very interesting view in SPX. There is a very big clue in the chart as STDEV changed since 2008. Can you figure it out? Also, try this in lower time frame and you will be amazed how Algo kills volatility after each upside or downside. Fascinating
Indicatore Pine Script®
di stockmarketupdate
2
Renko RSIThis is live and non-repainting Renko RSI tool. The tool has it’s own engine and not using integrated function of Trading View. Renko charts ignore time and focus solely on price changes that meet a minimum requirement. Time is not a factor on Renko chart but as you can see with this script Renko RSI created on time chart. Renko chart provide several advantages, some of them are filtering insignificant price movements and noise, focusing on important price movements and making support/resistance levels much easier to identify. As source Closing price or High/Low can be used. Traditional or ATR can be used for scaling. If ATR is chosen then there is rounding algorithm according to mintick value of the security. For example if mintick value is 0.001 and brick size (ATR/Percentage) is 0.00124 then box size becomes 0.001. And also while using dynamic brick size (ATR), box size changes only when Renko closing price changed. Renko RSI is calculated by own Renko RSI algorithm. Alerts added: Renko RSI moved below Overbought level Renko RSI moved above Overbought level Renko RSI moved below Oversold level Renko RSI moved above Oversold level RSI length is 2 by default, you can set as you wish. You better to use this script with the following one: Enjoy!
Indicatore Pine Script®
di LonesomeTheBlue
18
Divergence for many indicator v3Hello Everyone. Almost one year later, with Pine version 4, I developed new version of the Divergence for many Indicator. It analyses divergences for 10 predefined indicators and then draws line on the graph. Red for negatif divergence (means prices may go down or trend reversal), Lime for positive divergences (means prices may go up or trend reversal) Divergences version 2 has latency because it waits higher time frame completion. in this new version the script uses Pivot Points and on every bar it checks divergence between last Pivot point and current bar and if it finds any then immediately draws line and removes old one. so there is no latency with this version. There are predefined 10 indicators in the script, you have option to choose which indicators the script would analyse for divergence. (RSI , MACD , MACD Histogram, Stochastic , CCI , Momentum, OBV, Diosc, VWMACD and CMF) In replay mode you can see how the script puts new divergence line and removes old one. you better see it for yourself by using replay mode. Hope you Enjoy!
Indicatore Pine Script®
di LonesomeTheBlue
314
Relative Strength(RSMK) + Perks - Markos KatsanosIf you are desperately looking for a novel RSI, this isn't that. This is another lesser known novel species of indicator. Hot off the press, in multiple stunning color schemes, I present my version of "Relative Strength (RSMK)" employing PSv4.0, originally formulated by Markos Katsanos for TASC - March 2020 Traders Tips. This indicator is used to compare performance of an asset to a market index of your choosing. I included the S&P 500 index along side the Dow Jones and the NASDAQ indices selectively by an input() in "Settings". You may comparatively analyze other global market indices by adapting the code, if you are skilled enough in Pine to do so. With this contribution to the Tradingview community, also included is MY twin algorithmic formulation of "Comparative Relative Strength" as a supplementary companion indicator. They are eerily similar, so I decided to include it. You may easily disable my algorithm within the indicator "Settings". I do hope you may find both of them useful. Configurations are displayed above in multiple scenarios that should be suitable for most traders. As always, I have included advanced Pine programming techniques that conform to proper "Pine Etiquette". For those of you who are newcomers to Pine Script, this script may also help you understand advanced programming techniques in Pine and how they may be utilized in a most effective manner. Utilizing the "Power of Pine", I included the maximum amount of features I could surmise in an ultra small yet powerful package, being less than a 60 line implementation at initial release. Unfortunately, there are so many Pine mastery techniques included, I don't have time to write about all of them. I will have to let you discover them for yourself, excluding the following Pine "Tricks and Tips" described next. Of notable mention with this release, I have "overwritten" the Pine built-in function ema(). You may overwrite other built-in functions too. If you weren't aware of this Pine capability, you now know! Just heed caution when doing so to ensure your replacement algorithms are 100% sound. My ema() will also accept a floating point number for the period having ultimate adjustability. Yep, you heard all of that properly. Pine is becoming more impressive than `impressive` was originally thought of... Features List Includes: Dark Background - Easily disabled in indicator Settings->Style for "Light" charts or with Pine commenting AND much, much more... You have the source! The comments section below is solely just for commenting and other remarks, ideas, compliments, etc... regarding only this indicator, not others. 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. As always, "Like" it if you simply just like it with a proper thumbs up, and also return to my scripts list occasionally for additional postings. Have a profitable future everyone!
Indicatore Pine Script®
di ImmortalFreedom
16
Laguerre RSILaguerre RSI is based on John EHLERS' Laguerre Filter to avoid the noise of RSI. Change alpha coefficient to increase/decrease lag and smoothness. Buy when Laguerre RSI crosses upwards above 20. Sell when Laguerre RSI crosses down below 80. While indicator runs flat above 80 level, it means that an uptrend is strong. While indicator runs flat below 20 level, it means that a downtrend is strong. Developer: John EHLERS Author: KivancOzbilgic
Indicatore Pine Script®
di KivancOzbilgic
42
Mean Deviation IndexThe Mean Deviation Index (MDX) is used to see how much price is deviating from the mean. This indicator takes both volatility and mean deviation in consideration. It uses the standard deviation of the ATR to filter an EMA, and uses this as the mean. It then only plots > or < 0 if price is more than one x ATR away from the mean. If index is positive, the background turns green, meaning price is more than 1 x ATR above the mean. If the index is negative, the background turns red, meaning price is more than 1 x ATR below the mean. This setting can be changed by changing the setting "ATR Multiplier", but the default is 1 x ATR. There are two main ways to use this index. 1. Use it aggressively to find trends (by combining it with other indicators) by entereding each time the background changes color to green for longs or red for shorts. 2. Use it spot breakouts, waiting for a pullback, and then entering on the next move in the same direction. In this context for a short, you wait for the background color to turn green, then wait for the index to pull back, and then enter once it starts moving up again.
Indicatore Pine Script®
di lejmer
17
Zahorchak MeasureCreator: Michael G. Zahorchak. References: The Art of Low Risk Investing by Michael G. Zahorchak, 1977. Unfortunately, it's all but impossible to find a copy these days. The Complete Guide to Market Breadth Indicators by Gregory L. Morris, 2006. A fantastic resource for those interested in Technical Analysis or creating their own trend based system. Two articles by Greg Morris on the Zahorchak Measure. I can't link to them under the House Rules, but they are easily searchable. The Zahorchak Measure (ZM) is designed to give you a market bias (either uptrend or downtrend) which you can use to determine a trade bias for ETF's or stocks. ZM works by taking multiple moving averages of the NYSE Composite, a moving average of the NYSE advance decline line, and examining the relationship between those elements. Broadly, the market is considered to be in a uptrend when ZM is above zero, and a downtrend when below. However, there are many ways to interpret the indicator. The version created by Greg Morris is more akin to a binary indicator in that ZM jumps from number to number. This version is smoothed to create an oscillator as it reduces whipsaws (at the expense of lag). You can set the EMA Length to 1 to go back to the original. Some notes: Michael Zahorchak called it the "Zahorchak Method", whereas Greg Morris uses the term "Measure". I'm not totally clear on the change, but Mr. Morris made some changes (covered below), so that may explain the altered name. The original indicator used moving averages of 5, 15, and 40 weeks. I have converted these to daily numbers as that's the time frame I most commonly trade. You can convert the numbers back by dividing by 5. The original indicator used the Dow Industrials for the moving averages, however Greg Morris switched to the NYSE Composite due to the advance decline line being based on the NYSE. Greg Morris removed the 5 period moving average of the NYSE Composite, as it created increased volatility at market tops and bottoms. I tested ZM with the 5 period MA added back in, and I believe removing it creates a superior indicator. I've added both Multi Time Frame functionality, and the ability to alter moving average lengths. Play around and see what you can come up with. ZM oscillates between -10 and +10. There are some interesting levels creating between these two numbers (apart from the obvious zero level) - see what you can come up with. All credit goes to Michael Zahorchak and Greg Morris for the indicator creation. I have simply reproduced their work for the TradingView community as this great indicator wasn't available. Any queries let me know in the comments or PM me. DD.
Indicatore Pine Script®
di DreamsDefined
12
Market EKGShort Summary This indicator takes the differences in the previous 4 period OHLC inputs, and compares them to the previously closed candle input. The difference is then placed into an oscillator that when all four inputs are scrolled back on, shows an EKG appearing oscillator / volatility measure for traders to use on indexes, tickers and markets that do not allow typical volume based indicators. Full Summary Named for its similar appearance to an EKG medical chart, this script takes the difference in relative averages of previous periods in a trend , and compares it to the most recent period input. This can be used as a price based volatility measure, useful in markets that may be limited by no valume measures or other indexes where volatility is useful to meeasure but will not allow volume initializations. Steps taken Taking Previous Period OHLC Taking Previous 3 Periods OHLC Avgs Difference Between #1 & #2 (Comparing most recent confirmation to relative trend Plot Results This RSI Script is intended for public use and can be shared / implemented as needed Questions? I do not monitor my TradingView inbox. See email address in signature at the bottom of this page for contact information. Use this script and its calculations as needed! No permission required. Cheers,
Indicatore Pine Script®
di kingthies
2
Volume Scale by Price (VSP)Volume Scale by Price (VSP) show volume of bar in y-axis (price-axis) with options below: 1. Number of histogram * Number of histogram = 0 => do not plot volume histogram * Number of histogram = 1 => plot volume of 21 lasted bar (bar to bar ) * Number of histogram = 2 => plot volume of 21 bar next histogram 1 (bar to bar ) 2. Line width * Columns width of histogram 3. Volume scale ratio * Scaling histogram with justifiable ratio depend on time frame and symbol 4. Histogram color * Color of histogram
Indicatore Pine Script®
di inno14
18