Inizia

J-SPX

EPS AIThis indicator can be accessed by ANYONE by searching in the public indicator library located at the top of your chart! Enjoy! Introduction This indicator uses machine learning to predict the next Earnings Per Share (EPS) figure. The algorithm learns from previous figures in order to more accurately predict the next. As time continues, this indicator will become more accurate as it learns from an increased amount of data from earnings results. When the Future Projected EPS is positive, the line will appear green . When the Future Projected EPS is negative, the line will appear as red and sit below the EPS. Settings Panel The settings panel contains two tick-boxes. Quarterly Earnings : When selected, the EPS and future projected EPS will utilise quarterly results. Yearly results are used by default. Diluted EPS : When selected, the Diluted EPS and future projected Diluted EPS will be utilised. Basic EPS is used by default. Indicator Utility The EPS AI can be utilised on every securities instrument and time-frame. This indicator has been built in Pinescript V4 and will operate in real-time. This indicator can be accessed by ANYONE by searching in the public indicator library located at the top of your chart! Enjoy!
Indicatore Pine Script®
di GrantPeace
4
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
Buffet Indicator [QuantNomad]Created a version of Buffet Indicator for TradingView. He calls it "the best single measure of where valuations stand at any given moment". Computations are very simple, it is simply the ratio between total stock market capitalization and US GDP. I used the S&P 500 capitalization instead of the total so value here might be a bit lower than in the original indicator. Very high values might mean that we're now in a bubble and correction might follow shortly.
Indicatore Pine Script®
di QuantNomad
17
Altsignals-Indicator PRO+ (lifetime)The Altsignals indicator combines various indicators together in an effort to predict accurate and non-bias money making signals. Altsignals Indicator takes out the contradiction so you don’t have to deal with the headaches when you decide to long or short. There are institutions, whales, and algorithmic bots everywhere in this market, there’s no doubt you’re at a disadvantage. Altsignals Indicator is the secret weapon you need to give you an edge to win in this market. All-in-one indicator Supports all trading pairs Enable Signal Notifications Fair one-time fee Risk management features Works on all markets and all timeframes Perfect for beginners and people with day-jobs Common sense required while using this indicator. Are you experiencing paralysis from analysis? Do you feel like some indicators contradict each other? Don’t know if its worth the risk? If you’re fairly new to trading, then this product is the right fit for you! Altsignals Indicator is here replace traditional indicators, it does exactly the opposite of all the questions above, telling you exactly when to buy and when to sell, thus giving you the assurance you need to improve your odds of trading. It takes all aspects into consideration, it utilises multiple indicators such as Divergences, Elliott Waves , Ichimoku , MACD , MACD Histogram, RSI , Stoch , CCI , Momentum, OBV, DIOSC, VWMACD, CMF and multiple EMAs before making a decision. This PRO+ version has a MAJOR difference to the SLIM+ version. PRO+ has about 1000 more lines of code and allows you to use multiple advanced indicators at the same time and with a single access. We added many helpful panels and labels for it so backtesting can be done with ease. Finally version 2 is out now! It is now released from all of its bugs we had with custom timeframes, Heikin Ashi and Renko Charts. Check below what was added and removed. Added: - Backtesting - Labels - Info Panel - Bitmex Panel - Automatic Trendlines - TJ-Index - Custom Agg - Fibonacci Customization - EMA Customization Removed: - SAFE FOMO - Custom Timeframes - ZigZag I have also changed the settings menu with a slightly new design and new default settings.
Indicatore Pine Script®
di Altsignals
3
Altsignals-Indicator SLIM+ (lifetime)The Altsignals indicator combines various indicators together in an effort to predict accurate and non-bias money making signals. Altsignals Indicator takes out the contradiction so you don’t have to deal with the headaches when you decide to long or short. There are institutions, whales, and algorithmic bots everywhere in this market, there’s no doubt you’re at a disadvantage. Altsignals Indicator is the secret weapon you need to give you an edge to win in this market. All-in-one indicator Supports all trading pairs Enable Signal Notifications Fair one-time fee Risk management features Works on all markets and all timeframes Perfect for beginners and people with day-jobs Common sense required while using this indicator. Are you experiencing paralysis from analysis? Do you feel like some indicators contradict each other? Don’t know if its worth the risk? If you’re fairly new to trading, then this product is the right fit for you! Altsignals Indicator is here replace traditional indicators, it does exactly the opposite of all the questions above, telling you exactly when to buy and when to sell, thus giving you the assurance you need to improve your odds of trading. It takes all aspects into consideration, it utilises multiple indicators such as Divergences, Elliott Waves , Ichimoku , MACD , MACD Histogram, RSI , Stoch , CCI , Momentum, OBV, DIOSC, VWMACD, CMF and multiple EMAs before making a decision. Simply choose a Power level, set your Take profits and Stop Loss and enjoy trading.
Indicatore Pine Script®
di Altsignals
1
Crypto FOMO Strategy (monthly-access)PLEASE READ THE ENTIRE POST BEFORE PURCHASING & USING THE FOMO INDICATOR. Saves you and me some time in emails and messages. :) This is the NEW MONTHLY ACCESS Version of the Crypto FOMO Strategy Please check the links at the bottom of this post, so you find the way to our shop. 1 Month access is set at $25 10% Disount --> "FOMO25" Any question, DM me here or on Twitter , check for link on the bottom. The FOMO Buy Sell Indicator is a very specific strategy, cut down to its roots and made perfect for the volatile crypto market. Many indicators focus only on one aspect, one side, one specific rule. As you know, this is not how life, the market or anything else works. FOMO combines many different aspects at the same time, scans multiple other indicators and comes to a conclusion based on over 950 lines of code. It is based on Divergences, Elliott Waves , Ichimoku , MACD , MACD Histogram, RSI , Stoch , CCI , Momentum, OBV, DIOSC, VWMACD, CMF and multiple EMAs. Every single aspect is weighted into the decision before giving out an indication. Most buy/sell indicators FAIL because they try to apply the same strategy to every single chart, which are as individual as humans. To conquer this problem, FOMO has a wide range of settings and variables which can be easily modified. To make it a true strategy, FOMO has as well settings for Take Profit Points, Multiple Entries and Stop Losses. Everything with an Alert Feature of course. I know from experience that many people take one indicator and are simply too LAZY to add multiple indicators to make a rational choice. The result of that is that they lose money, by following blatantly only one indicator. FOMO has additional 7 indicators, perfect for the crypto market, which can be turned on and off. FOMO Signals Settings “Show Signals?” - On/Off to show the Buy/Sell Signals. “Aggressiveness” - Increase to make the signals less aggressive and decrease to make them more aggressive. “Show Custom FOMO Timeframe?” - On/Off to show FOMO Signals of a different timeframe in addition to the normal ones. “Custom FOMO Timeframe?” - Choose the timeframe for the custom FOMO signals. “Use Safe FOMO?” - On/Off to show only “safe” (less but more exact) FOMO signals. “Safe FOMO Sells” - Settings for the “safe” FOMO Sell Signals. Decrease number for “less safe” Signals. Increase number for “more safe” Signals. “Safe FOMO Buys” - Settings for the “safe” FOMO Buy Signals. Decrease number for “more safe” Signals. Increase number for “less safe” Signals. FOMO Strategy Settings “Take Profit 1 ” - On/Off to show TP1 points. “Take Profit After %” - Set the percentage after which TP1 is active. “Take Profit 2 ” - On/Off to show TP2 points. “Take Profit 2 After %” - Set the percentage after which TP2 is active. “Take Profit 3 ” - On/Off to show TP3 points. “Take Profit 3 After %” - Set the percentage after which TP3 is active. “Second Entry” - On/Off to show Second Entry points. “Second Entry After %” - Set the percentage after which Second Entry is active. “Third Entry ” - On/Off to Third Entry points. “Third Entry After %” - Set the percentage after which Third Entry is active. “Stop Loss ” - On/Off to show Stop Loss points. “Take Profit After %” - Set the percentage after which Stop Loss is active. The FOMO Lifeguard is a special feature made to cancel out the “noice” of the signals and show only signals with a great technical significance. For this FOMO uses the default settings of +7 and - 7. This references to an index value of multiple settings of almost all indicators used in this script. +7 cuts out all sell signals below the index value of 7. - 7 cuts out all buy signals above the index value of - 7. Using the FOMO Lifeguard is a key element for a sustainable and profitable strategy. As the normal FOMO Signals, the Lifeguard Signals are also bound to the “Aggressiveness”. Should the cut out of signals with the Lifeguard on be too big, try adjusting the “Aggressiveness”. With this, once can choose and make this indicator PERFECT for his own strategy and trading style. Day Traders would use no “Lifeguard” and aggressive signals. Swing Traders would use “Lifeguard” and aggressive signals. To make the life of the FOMO user even easier, I have added all adjustable Take Profit Points, Multiple entry points and Stop Loss points. Simply choose how many Take Profit points you would like to have and choose the percentage after which you would like to see the Take Profit point appear on the chart and notify you to take profits. Are you a Trader who likes multiple entries? Also no problem with FOMO. Select how many additional entries you would like to have and after how many percent you would like them to appear on the chart and remind you of adding to the position. What would a Strategy be without a Stop Loss? Same settings apply here as on the TPs and MEs . Crypto Modified Indicators “Show Divergences?” - On/Off to show Divergences on the Chart based on the data of 10 different indicators. “Show Custom Divergences?” - On/Off to show Divergences on the chart of a custom timeframe. “Custom Divergence Timeframe?” - Choose the Timeframe for which the Custom Divergences should appear on the chart. “Show Oversold/bought?” - On/Off to change the colour of the chart in Oversold/bought conditions. “Oversold/bought value?” - Choose a value for which the chart is Oversold/bought. “Show Fibonacci Levels?” - On/Off to show automatic Fibonacci Levels. “Fibonacci Lookback Lenght” - This value states how many candles from right now are taken into account to paint the Fibonacci Levels. “Fibonacci Lookback Lenght” - Choose a custom Timeframe that should be used to paint the Fibonacci Levels. Crypto Modified Indicators 2 “Show EMAs?” - On/Off to show three EMAs on the chart, after the example of @Teddycleps “EMA Lenght 1” - Choose a value for the first EMA Lenght “EMA Lenght 2 ” - Choose a value for the second EMA Lenght. “EMA Lenght 3” - Choose a value for the third EMA Lenght. The area between the first and third EMA is filled. Is EMA1 above 21, it’s filled green. Is it below, it’s filled red. “Show Ichimoku? ” - On/Off to show Ichimoku on the chart. “Show Tenkin?” - On/Off to show Tenkin on the chart. “Tenkin” - Set the lenght of the Tenkin. “Show Kijun?” - On/Off to show Kijun on the chart. “Kijun” - Set the lenght of the Kijun. “Show Senkou?” - On/Off to show the Senkou on the chart. “Senkou” - Set the lenght of the Senkou. “Displacement” - Set the value of the Displacement. “Show ZIG ZAG Lines?” - On/Off to show ZigZag Lines on the chart, used to identify short-term trends and EW counts. “ZZ Lenght 1” - Set the first lenght of the ZigZag Lines. “ZZ Lenght 2” - Set the second lenght of the ZigZag Lines. FOMO without any doubt has Custom Alerts for all Signals that it is painting on the chart. This goes for the “Normal Signals” as well as for the “Lifeguard Signals”. One can even choose to receive custom notifications for Take Profit points, Multiple Entry points and the Stop Loss points. The signals appear on the chart DURING the candle, not at the end of the candle. Therefore, the alerts do this as well. These appear during the candle. Here we can see all of the possible Alerts that can be chosen to be displayed. In total it is 30 different custom alerts, based on what the trader is looking for and how he is trading. Personally, I have 10-15 coins that I trade the most and for these I have custom notifications, mostly though only the SAFE FOMO Buy and Sell Signals. To activate Alerts for FOMO 1) Go to the “ALERT” icon on the top tool bar of your Tradingview. 2) Select “CONDITION” as “—Crypto FOMO Strategy—“ 3) Then choose ONE condition from the list of conditions. 4) On “OPTIONS” you can set how many times it appears, I have “Once per Bar”. 4.1) If you want to make sure that the signal is truly there and not just a condition for a second during the candle, choose “ONCE PER BAR CLOSE”. 5) “Expiration Time” sets the time until the alert expires. PRO users have no expiration for alerts. 6) “Alert Actions” give you a row of choices what happens and how you want to be notified. 7) “Message” is the message that you receive inside the notification. AFTERWORD/DISCLAIMER FOMO has been created after my goal to #MakeCryptoProfessionalAgain. Every aspect of it has its own and very specific use, which traders have shown to find useful in their trading. This Indicator is meant to help new and experienced traders to understand the various aspects of this market and access all of the most important and most commonly used tools, with JUST ONE CLICK. FOMO should be used responsibly and treated as an indicator. Signals, scripts, algorithms can NEVER be 100% exact. It is up to the trader to make a well thought and educated decision, wether to follow a signal or not. Our brains are way more advanced than any indicator and algorithm. I advise especially for this reason to have not just the signals turned on. Please do not use the SAME settings for each chart. Look which Aggressiveness and Lifeguard Settings fit your chart the most, you will be amazed how well some charts work with FOMO. FOMO should NOT make you FOMO into a trade anymore. It should teach you to make more educated decisions and especially for margin trading reduce the risk of liquidation. Should you have problems with being liquidated multiple times, I advise to use the “STOP LOSS” function. Most importantly, enjoy the indicator and trading in general.
Indicatore Pine Script®
di KongTrading
(JS)S&P 500 Volatility Oscillator For Options 2.0I am going to start taking requests to open source my indicators and they will also be updated to Version 4 of Pinescript. I added some features to the original code such the ability to smooth the oscillator and select the look back periods for the historical volatility. Link to original: Original post: "The idea for this started here: www.tradingview.com with the user @dime This should only be used on SPX or SPY (though you could use it on other things for correlation I suppose) given that the instrument used to create this calculation is derived from the S&P 500 (thank you VIX ). There's a lot of moving parts here though, so allow me to explain... First: The main signal is when Implied Volatility (from VIX ) drops beneath Historical Volatility - which is what you want to see so you aren't purchasing a ton of premium on long options. Green and above 0 means that IV% has dropped lower than Historical Volatility . (this signal, for example, would suggest using a Long Call or Put depending on your sentiment) Second: The green line running underneath zero is the bottom portion of the "Average True Range" derived from the values used to create the oscillator. the closer the bottom histogram is to the green line, the more "normal" IV% is. Obviously, if this gets far away from the line then it could be setting up nicely to short options and sell the IV premium to someone else. (this signal, for example, would suggest using something like a Bull Put Spread) Third: The red background along with the white line that drops down below zero signals when (and how far) the IV% from 3 months out (from VIX3M ) is less than the current IV%. This would signal the current environment has IV way too high, a signal to short options once again (and don't take any long option positions!). Tried to make this simple, yet effective. If you trade options on SPX , SPY , even ES1! futures - this is a tool tailored specifically for you! As I said before, if you want you can use it for correlation on other securities. Any other ideas or suggestions surrounding this, please let me know! Enjoy! Feb 17, 2019 Release Notes: Cosmetic update for a much cleaner look: -Replaced the "HIGH IV" with a simlple "H" -Now the white line is constantly showing you the relationship between VIX and VIX3M - when VIX is greater than VIX3M the background still goes red -However, now when VIX drops below Historical Volatility, the background is bright green -When both above are true - it's dark green -The Average True Range on the bottom is now a series of crosses"
Indicatore Pine Script®
di J-Streak
4
Intelligent Exponential Moving Average Private AccessView the full documentation on this indicator here: www.kenzing.com Note: This indicator is now intended for those who have been granted private access and may be more frequently updated than the previous versions. Introduction This indicator uses machine learning (Artificial Intelligence) to solve a real human problem. The Exponential Moving Average ( EMA ) is one of the most used indicators on the planet, yet no one really knows what pair of exponential moving average lengths works best in combination with each other. A reason for this is because no two EMA lengths are always going to be the best on every instrument, time-frame, and at any given point in time. The " Intelligent Exponential Moving Average " solves the moving average problem by adapting the period length to match the most profitable combination of exponential moving averages in real time. How does the Intelligent Exponential Moving Average work? The artificial intelligence that operates these moving average lengths was created by an algorithm that tests every single combination across the entire chart history of an instrument for maximum profitability in real-time. No matter what happens, the combination of these exponential moving averages will be the most profitable. Can we learn from the Intelligent Moving Average? There are many lessons to be learned from the Intelligent EMA . Most will come with time as it is still a new concept. Adopting the usefulness of this AI will change how we perceive moving averages to work. Limitations Ultimately, there are no limiting factors within the range of combinations that has been programmed. The exponential moving averages will operate normally, but may change lengths in unexpected ways - maybe it knows something we don't? Thresholds The range of exponential moving average lengths is between 5 to 40. Additional coverage resulted in TradingView server errors. Future Updates! Soon, I will be publishing tools to test the AI and visualise what moving average combination the AI is currently using. Follow and like for more content!
Indicatore Pine Script®
di GrantPeace
1
Intelligent Moving Average Private AccessNote: This indicator is intended for those who have been granted private access and may be more frequently updated than the previous versions. Introduction This indicator uses machine learning (Artificial Intelligence) to solve a real human problem. The Moving Average is the most used indicator on the planet, yet no one really knows what pair of moving average lengths works best in combination with each other. A reason for this is because no two moving averages are always going to be the best on every instrument, time-frame, and at any given point in time. The " Intelligent Moving Average " solves the moving average problem by adapting the period length to match the most profitable combination of moving averages in real time. How does the Intelligent Moving Average work? The artificial intelligence that operates these moving average lengths was created by an algorithm that tests every single combination across the entire chart history of an instrument for maximum profitability in real-time. No matter what happens, the combination of these moving averages will be the most profitable. Can we learn from the Intelligent Moving Average? There are many lessons to be learned from the Intelligent Moving Average. Most will come with time as it is still a new concept. Adopting the usefulness of this AI will change how we perceive moving averages to work. Limitations Ultimately, there are no limiting factors within the range of combinations that has been programmed. The moving averages will operate normally, but may change lengths in unexpected ways - maybe it knows something we don't? Thresholds The range of moving average lengths is between 5 to 40. Additional coverage resulted in TradingView server errors. Future Updates! This indicator will be maintained and many updates will come in the near future! Stay tuned. View the documentation on this indicator here: www.kenzing.com
Indicatore Pine Script®
di GrantPeace
8
Kal’s MTF ADX Rangoli RollerKaly MTF ADX Rangoli Roller is a method/study for finding trending stocks, indexes and cryptocurrencies using two different data periods (10, 5) of ADX Overlap over different time-frames (10m, 1H, 4H, 1D, 1W, 1M). In the study, I used 5-Period ADX for all mentioned time-frames. You may use 10-Period ADX for lower time-frames especially 10m and 1H. Sample Image of the pinescript code(at the end of this post) in Tradingview looks as follows: Note: Kal's MTF ADX Rangoli Roller is the lower Plot. The upper plot is KAL’s ADX Overlap Technical Study with MACD Filter( ) Description: ---------------- In the study plot, the lowest row is 10m, row above is 1H, row above is 4H, then 1D, then 1W and highest row is 1M Lime(Bright Green) dot implies Trending Uptrend for that time-frame (first phase) Green dot implies Trending Uptrend for that time-frame (second phase near exhaustion) Red dot implies Trending Downward for that time-frame (first phase) Maroon dot implies Trending Downward for that time-frame (second phase near exhaustion) Lime cross implies Strong Trending Uptrend for that time-frame (first phase) Green cross implies Strong Trending Uptrend for that time-frame (second phase near exhaustion) Red cross implies Trending Strong Downward for that time-frame (first phase) Maroon cross implies Trending Strong Downward for that time-frame (second phase near exhaustion) Yellow is ‘Squeeze On’ setting. During the squeeze period, the ADX signals are almost always ineffective. One may wait and watch over during this time. Once the Squeeze is released (i.e. no longer yellow), the trend corresponds to the color of the dots and crosses. Black is CRSI Overbought condition for that time-frame. It’s best to wait and research for possibility of trend reversal because 1. Profit-booking/trimming happens after CRSI Overbought condition. 2. Large Short-sellers may take huge positions during this time pushing the stock prices up. White is CRSI Oversold condition for that time-frame. It’s best to wait and research for possibility of trend reversal because 1. Profit-booking/trimming happens after CRSI Oversold conditions. 2. Large buyers may take huge positions during this time pushing the stock prices down. I am a disabled man. Therefore, I am not able to write in detail here today. More Details will follow as time permits. Please let me know if I am missing anything…  Legal Disclaimer: I published here so I get replies from fellow viewers to educate myself and for my daily expenses. Hence, if anyone uses this script for making their decisions, I am not responsible for any failures incurred. Safe Trading! Kal Gandikota  PS: If you found this script interesting and edifying please follow and upvote.  PS2: Please kindly donate for my daily expenses (atleast as you would on streets) at the following addresses:  BTC Wallet: 1NeDC1GvpFa49DFLuT1v28ohFjqtoWXNQ5 ETH Wallet: 0x35e557F39A998e7d35dD27c6720C3553e1c65053 NEO Wallet: AUdiNJDW7boeUyYYNhX86p2T8eWwuELSGr PS3: For more information on ADX and CRSI, please 'Google' or search here yourself. PS4: This study is intended for research in creating automated Python Trading Systems using Pandas( steemit.com ). Screenshots of the pinescript code looks as follows: 10minute Screenshot of Kal's MTF ADX Rangoli Roller (Above) 1 Hour Screenshot of Kal's MTF ADX Rangoli Roller (Above) 4 Hour Screenshot of Kal's MTF ADX Rangoli Roller (Above) 1 Day Screenshot of Kal's MTF ADX Rangoli Roller (Above) 1 Week Screenshot of Kal's MTF ADX Rangoli Roller (Above) 1 Month Screenshot of Kal's MTF ADX Rangoli Roller (Above)
Indicatore Pine Script®
di KalGandikota
3
PpSignal Variable Index Dynamic Average V2The Moving Average is, perhaps, the most popular indicator in trading for a reason. Comparatively, the crossing average can tell you plenty about a trend, i.e. whether it’s broken or unbroken, changing or holding. But the Moving Average isn’t perfect; there is one area where it falls short and that is volatility. Even an Exponential Moving Average, which places more emphasis on the latest data, can miss the mark when it comes to a sudden change in volatility, rising or falling. Consequently, it can either give a fake signal or else generate a signal only when it is too late to trade on. Volatility is where the Variable Index Dynamic Average comes in, or VIDYA for short. The Variable Index Dynamic Average or VIDYA was developed by Tushar Chande, and its focus is precisely on volatility. In other words, the VIDYA is an average that adjusts itself to changing volatility. When volatility is high, the VIDYA becomes more sensitive and when volatility is low, the VIDYA becomes less sensitive. That allows you to assess the trend according to current market conditions (and not irrelevant conditions that had earlier prevailed). The VIDYA in Essence The math behind the VIDYA formula is quite complicated, but the logic is not. The VIDYA essentially has two components, the first being the Exponential Moving Average (aka EMA). The second indicator is in the “oscillator family” and it is known as the Chande Momentum Oscillator (aka CMO). Like most oscillators, the Chande Momentum Oscillator generates a signal of -100 and 100, with -100 being oversold and 100 overbought. The EMA is the anchor index, and the CMO’s job is to adjust the exponential average to volatility. The closer the CMO is to 100 or -100 the higher the volatility and the more sensitive our exponential average will turn. Conversely, the closer the CMO is to 0 the less sensitive our exponential average will turn. The final reading after the volatility adjustment is the VIDYA. As you can see below, once you add the Variable Index Dynamic Average in MetaTrader you get a window with two parameters from which to choose: One is the Period CMO and the other is Period EMA. We can then decide which period the CMO will run on (and thus affect the sensitivity of our EMA) and which period the EMA will run on (to capture our trend). Usually, the best CMO to plug in is a third of the value of the EMA duration; this is to allow the latest change in volatility to impact to the greatest degree. If the CMO period is too long, it will likewise spread over the period too long and consequently fail to reflect current levels of volatility, thus defeating the VIDYA’s purpose. VIDYA Comparing the VIDA to the EMA When we compare the two, we can see the clear advantages the VIDYA(Red) has over the EMA(Green). Both the VIDYA and the EMA run on a 30-week period, but the VIDYA is smoothed out by the Chande Momentum Oscillator running on a 10-week period (again, a third of the whole period). The VIDYA simply captures the trend much more accurately. We can see how, in Point A, when momentum weakens, the Variable Index Dynamic Average starts to flatten, while the EMA just moves across the price and fails to adjust. This quality is especially beneficial when we want to get an indication if a trend has broken or not. The EMA, in this case, suggests the trend has, indeed, broken but when we look at the VIDYA we quickly get a more accurate picture. We can see that the downtrend has not been broken which allows us to prepare for another bearish round rather than mistakenly expect a rebound. VIDYA Of course, for every upside there is a downside and the downside of the VIDYA is that it becomes less effective on a very high duration, such as above 90. The Chande Momentum Oscillator cannot reflect sentiment very well when the duration ןד high and therefore it stops being effective at balancing the Exponential Moving Average within the Variable Index Dynamic Average. One way to tackle or mitigate this is to go higher in the intervals whenever possible, such as from days to weeks or weeks to months. Nonetheless, you should be cognizant of this in inherent weakness in the Variable Index Dynamic Average. Yet, despite that, the Variable Index Dynamic Average does a very effective job. If you are trading under volatile conditions and want to figure out if a trend is broken or set to continue, the Variable Index Dynamic Average could be the solution. When combined with other indicators of momentum, the VIDYA can give you the bigger, clearer picture. www.onestepremoved.com
Indicatore Pine Script®
di PpSignal01
3
@WACC Volatility Weighted PUT/CALL Positions [SPX]This indicator is based on Volatility and Market Sentiment. When volatility is high, and market sentiment is positive, the indicator is in a low or 'buy state'. When volatility is low and market sentiment is poor, the indicator is high. The indicator uses the VIX as it's volatility input. The indicator uses the spread between the Call Volume on SPX/SPY and the Put Volume. This is pulled from CVSPX and PVSPX. When volatility and put/call reaches a critical level, such as the levels present in a crisis or a sell off, the line will be green. See Sept 2015, 2008, and Feb 2018. This level can be edited in the source code. As the indicator is based on Put/Call, the indicator works best on larger time frames as the put/call ratio becomes a more discernible measure of sentiment over time.
Indicatore Pine Script®
di UnknownUnicorn2421992
1
IV/HV ratio 1.0 [dime]This script compares the implied volatility to the historic volatility as a ratio. The plot indicates how high the current implied volatility for the next 30 days is relative to the actual volatility realized over the set period. This is most useful for options traders as it may show when the premiums paid on options are over valued relative to the historic risk. The default is set to one year (252 bars) however any number of bars can be set for the lookback period for HV. The default is set to VIX for the IV on SPX or SPY but other CBOE implied volatility indexes may be used. For /CL you have OVX/HV and for /GC you have GVX/HV. Note that the CBOE data for these indexes may be delayed and updated EOD and may not be suitable for intraday information. (Future versions of this script may be developed to provide a realtime intraday study. ) There is a list of many volatility indexes from CBOE listed at: www.cboe.com (Some may not yet be available on Tradingview) RVX Russell 2000 VXN NASDAQ VXO S&P 100 VXD DJIA GVX Gold OVX OIL VIX3M 3-Month VIX6M S&P 500 6-Month VIX1Y 1-Year VXEFA Cboe EFA ETF VXEEM Cboe Emerging Markets ETF VXFXI Cboe China ETF VXEWZ Cboe Brazil ETF VXSLV Cboe Silver ETF VXGDX Cboe Gold Miners ETF VXXLE Cboe Energy Sector ETF EUVIX FX Euro JYVIX FX Yen BPVIX FX British Pound EVZ Cboe EuroCurrency ETF Volatility Index Amazon VXAZN Apple VXAPL Goldman Sachs VXGS Google VXGOG IBM VXIBM
Indicatore Pine Script®
di dime
2
(JS) S&P 500 Volatility Oscillator For OptionsThe idea for this started here: www.tradingview.com with the user @dime This should only be used on SPX or SPY (though you could use it on other things for correlation I suppose) given that the instrument used to create this calculation is derived from the S&P 500 (thank you VIX). There's a lot of moving parts here though, so allow me to explain... First: The main signal is when Implied Volatility (from VIX) drops beneath Historical Volatility - which is what you want to see so you aren't purchasing a ton of premium on long options. Green and above 0 means that IV% has dropped lower than Historical Volatility. (this signal, for example, would suggest using a Long Call or Put depending on your sentiment) Second: The green line running underneath zero is the bottom portion of the "Average True Range" derived from the values used to create the oscillator. the closer the bottom histogram is to the green line, the more "normal" IV% is. Obviously, if this gets far away from the line then it could be setting up nicely to short options and sell the IV premium to someone else. (this signal, for example, would suggest using something like a Bull Put Spread) Third: The red background along with the white line that drops down below zero signals when (and how far) the IV% from 3 months out (from VIX3M) is less than the current IV%. This would signal the current environment has IV way too high, a signal to short options once again (and don't take any long option positions!). Tried to make this simple, yet effective. If you trade options on SPX, SPY, even ES1! futures - this is a tool tailored specifically for you! As I said before, if you want you can use it for correlation on other securities. Any other ideas or suggestions surrounding this, please let me know! Enjoy!
Indicatore Pine Script®
di J-Streak
3