This indicator is designed to identify gap-up trading opportunities in real-time. A gap-up occurs when the opening price of a stock is higher than the previous day's high, signaling potential bullish momentum. Key Features : Gap Detection : The indicator detects when today’s open is above yesterday’s high and remains above that level throughout the trading...
The code is a TradingView Pine Script indicator designed to track and visualize price movements in a financial market (like stocks or cryptocurrencies) based on a specific point threshold. Here’s a breakdown of its functionality: Purpose of the Code: Price Movement Calculation: It calculates the difference between the closing price and the opening price of each...
Overview: The Price Touches 50-Day MA and Fails to Cross Indicator is a powerful tool designed for traders and analysts using TradingView to monitor and identify key interactions between an asset's price and its 50-day Simple Moving Average (SMA). This indicator specifically highlights moments when the price touches the 50-day MA but fails to cross it, signaling...
This indicator is useful to find and mark as well as display values for any Time Frame candle.
Library "TimeLibrary" TODO: add library description here Line_Type_Control(Type) Line_Type_Control: This function changes between common line types options available are "Solid","Dashed","Dotted" Parameters: Type (string) : : The string to choose the line type from Returns: Line_Type : returns the pine script equivalent of the string...
BTC Horizontal Lines from 40000 to 90000 (Last 100 Bars)
ADX Color verde Fuerza sobre punto 23, Color rojo Sin fuerza bajo el punto 23
Script Description: This Pine Script is designed to visualise **seasonality** in the financial markets by calculating the **open-to-close percentage change** for each month of a selected asset. It creates a **heatmap** table to display the monthly performance over multiple years. The script provides detailed statistical summaries, including: - **Average monthly...
This simple script uses James Hamilton's JHDUSRGDPBR indicator to colour areas representing recession periods in the US. Best used in conjunction with other macroeconomics indicators, like –as in the example– unemployment rates
The indicator plots the total volume of the NYSE and NASDAQ exchanges and identifies periods with significant asymmetry between Up Volume and Down Volume. It can be used as an additional tool to confirm broad market sentiment. Chart shows Total Volume (TVOL) bars for SPY daily chart. Green bars for UVOL>>DVOL, Red for DVOL>>UVOL. Neutral bars are gray. Blue line...
Strategy: Friday Bond Short Strategy (1H Timeframe) Objective: This strategy aims to open short positions on a specified day and hour (Eastern Time) and close those positions on another specified day and hour. The background color of the chart will turn green when a position is active, providing a visual cue of an open trade. Parameters: 1. Entry...
This script is designed to compare the price of Bitcoin on two major exchanges: Coinbase and Binance. It helps you see if there’s a difference in the price of Bitcoin between these two exchanges, which is known as a “premium” or “discount.” Here’s how it works in simple terms: Getting the Prices: The script first fetches the current price of Bitcoin from...
Library "StyleLibrary" A small library of Pine Script functions that return built-in style variables. method sizeStyle(size) Takes a `string` that returns the corresponding built-in size style variable. Namespace types: series string, simple string, input string, const string Parameters: size (string) : A `string` representing a built-in size...
### Description This Pine Script indicator is designed for TradingView and provides functionality for drawing time-based boxes on the chart, as well as generating alerts and labels. It is particularly useful for visualizing specific time ranges within each trading day and managing alerts based on those time intervals. #### **Features:** 1. **Box Drawing for...
This trading strategy combines multiple technical indicators to create a systematic approach for entering and exiting trades. The goal is to capture trends by aligning several key indicators to confirm the direction and strength of a potential trade. Below is a detailed description of how the strategy works: Indicators Used MACD (Moving Average Convergence...
The "Median PE Ratio and Intrinsic Value" indicator is designed for traders and investors who wish to evaluate the intrinsic value of a stock based on a comparative analysis of Price-to-Earnings (PE) ratios across multiple stocks. This tool not only provides insights into whether a stock is undervalued or overvalued but also allows you to visualize the intrinsic...
Catastrophe Distance is a tool to visually explore the time between catastrophic price moves. Catastrophes are defined with 2 variables: drawdown_threshold: the amount of percent the price has to fall lookback_period = the amount of last candles in which drawdown_threshold was reached. Drawdown_threshold per default is 25% and lookback_period is 5, meaning per...