Inizia

Indicatori e strategie

Tsallis Entropy Market RiskTsallis Entropy Market Risk Indicator What Is It? The Tsallis Entropy Market Risk Indicator is a market analysis tool that measures the degree of randomness or disorder in price movements. Unlike traditional technical indicators that focus on price patterns or momentum, this indicator takes a statistical physics approach to market analysis. Scientific Foundation The indicator is based on Tsallis entropy, a generalization of traditional Shannon entropy developed by physicist Constantino Tsallis. The Tsallis entropy is particularly effective at analyzing complex systems with long-range correlations and memory effects—precisely the characteristics found in crypto and stock markets. The indicator also borrows from Log-Periodic Power Law (LPPL). Core Concepts 1. Entropy Deficit The primary measurement is the "entropy deficit," which represents how far the market is from a state of maximum randomness: Low Entropy Deficit (0-0.3): The market exhibits random, uncorrelated price movements typical of efficient markets Medium Entropy Deficit (0.3-0.5): Some patterns emerging, moderate deviation from randomness High Entropy Deficit (0.5-0.7): Strong correlation patterns, potentially indicating herding behavior Extreme Entropy Deficit (0.7-1.0): Highly ordered price movements, often seen before significant market events 2. Multi-Scale Analysis The indicator calculates entropy across different timeframes: Short-term Entropy (blue line): Captures recent market behavior (20-day window) Long-term Entropy (green line): Captures structural market behavior (120-day window) Main Entropy (purple line): Primary measurement (60-day window) 3. Scale Ratio This measures the relationship between long-term and short-term entropy. A healthy market typically has a scale ratio above 0.85. When this ratio drops below 0.85, it suggests abnormal relationships between timeframes that often precede market dislocations. How It Works Data Collection: The indicator samples price returns over specific lookback periods Probability Distribution Estimation: It creates a histogram of these returns to estimate their probability distribution Entropy Calculation: Using the Tsallis q-parameter (typically 1.5), it calculates how far this distribution is from maximum entropy Normalization: Results are normalized against theoretical maximum entropy to create the entropy deficit measure Risk Assessment: Multiple factors are combined to generate a composite risk score and classification Market Interpretation Low Risk Environments (Risk Score < 25) Market is functioning efficiently with reasonable randomness Price discovery is likely effective Normal trading and investment approaches appropriate Medium Risk Environments (Risk Score 25-50) Increasing correlation in price movements Beginning of trend formation or momentum Time to monitor positions more closely High Risk Environments (Risk Score 50-75) Strong herding behavior present Market potentially becoming one-sided Consider reducing position sizes or implementing hedges Extreme Risk Environments (Risk Score > 75) Highly ordered market behavior Significant imbalance between buyers and sellers Heightened probability of sharp reversals or corrections Practical Application Examples Market Tops: Often characterized by gradually increasing entropy deficit as momentum builds, followed by extreme readings near the actual top Market Bottoms: Can show high entropy deficit during capitulation, followed by normalization Range-Bound Markets: Typically display low and stable entropy deficit measurements Trending Markets: Often show moderate entropy deficit that remains relatively consistent Advantages Over Traditional Indicators Forward-Looking: Identifies changing market structure before price action confirms it Statistical Foundation: Based on robust mathematical principles rather than empirical patterns Adaptability: Functions across different market regimes and asset classes Noise Filtering: Focuses on meaningful structural changes rather than price fluctuations Limitations Not a Timing Tool: Signals market risk conditions, not precise entry/exit points Parameter Sensitivity: Results can vary based on the chosen parameters Historical Context: Requires some historical perspective to interpret effectively Complementary Tool: Works best alongside other analysis methods Enjoy :)
Indicatore Pine Script®
di HenriqueCentieiro
Painel de Velas 1H e 2HMulti-Timeframe Candlestick Panel with Signal Confluence Description: This advanced indicator displays a complete panel with candlestick information on multiple timeframes (from 30 minutes to 1 day), allowing simultaneous analysis of price behavior in different periods. The panel includes data on open, close, difference, candle type and time remaining until the close of each candle. Main Features: ✅ Organized table with 9 different timeframes (30M, 1H, 2H, 3H, 4H, 6H, 12H, 1D and the current timeframe) ✅ Colored candlestick visualization (green for positive, red for negative) ✅ Accurate countdown to the close of each candle (hh:mm:ss format) ✅ Reference lines of the first candle of the day (4H) ✅ Confluence system that identifies buy/sell signals when all timeframes are aligned ✅ Configurable alerts for trading opportunities How to Use: Add the indicator to your chart Follow the table in the upper right corner Observe the confluence between timeframes Use buy/sell signals when there is alignment in all periods The orange lines mark the opening and closing of the first candle of the day (4H) Benefits: Analysis multi-timeframe in a single panel Fast visual identification of trends Save time in technical analysis More assertive decision making with confirmation of multiple timeframes Technical Configuration: Developed in Pine Script v5 Low impact on chart performance Real-time update Notes: For best results, combine this indicator with other technical analysis tools. Confluence signals are more relevant in markets with a defined trend.
Indicatore Pine Script®
di itasouza
SessionShades: London & NY CTSessionShades: London & NY CT is a lightweight TradingView indicator that visually highlights the London and New York trading sessions using a shaded background — no clutter, no blocks. 🔹 Time Zone: Central Time – automatically adjusts for DST 🔹 Sessions Highlighted: • London: 2:00 AM – 11:00 AM CT • New York: 7:00 AM – 4:00 PM CT 🔹 Customizable Colors: Easily change the shading colors and transparency 🔹 Intraday Use: Best viewed on intraday charts (1h, 30m, 15m, etc.) This tool helps intraday traders and forex scalpers stay aware of key market hours with zero distraction. No indicators — just clean, visual session awareness.
Indicatore Pine Script®
di josuesorto987
Red Report FilterHello Traders, This script will make your everyday trading sessions a lot less stressful if you're having to watch for 'Red' restricted reports. You can set up to five reports for the day, with a selector for either: 'Red' / 'Orange' Super simple to update manually, usually less than 15s. You do need to pull the information from ForexFactory.com or your required feed daily. No need to worry about audio fails; the alarm background visually updates as price candles start to sweep thru the preset time window. Default window settings are for Red Reports, '15m Before' / '6m After', for a 5m x 5m window. I like the '15m Before' because it gives me a buffer to react to if I'm managing an open trade. Click the tool-tip for more details. PLEASE NOTE: Time-Zone is hard-coded UTC -4. Make the appropriate adjustment to a different zone if necessary. Let me know how it works for you. Thx!
Indicatore Pine Script®
di Bull_Trap_9