Inizia

Relative

Relative PerformanceThis indicator takes the Performance Table from @BeeHolder and converts it to a Relative Performance table so you can compare the current chart vs. an Index (or whatever other ticker you want) to see the relative performance of one vs. the other. I also added a cell for ADR, which is also the same value as "Monthly Volatility" in the stock screener. This can be useful when screening stocks based on performance and volatility.
Indicatore Pine Script™
di millerrh
9
Relative Volume Pro - Realtime Volume FlowRelative volume compares the volume at a specific time in the trading day versus the prior volume at the same time of day over a specified range. This is an ideal way to gauge if there is significant volume driving a price move, either up or down. What's Unique About this Relative Volume Indicator? Many relative volume indicators simply divide the current volume by the average volume. Unfortunately, this calculation is not an accurate gauge of volume at a specific point in time and it will not account for typical spikes in volume that occur early and late in the day. This indicator calculates relative volume on an intraday chart, looking at the volume for each bar in the current timeframe, over a range of days that is configured in Settings. For example, if the preferred lookback is set to 50 and you are on a 5-minute chart at 1:00pm, the indicator will determine the average of cumulative volume traded up to 1:00pm on each 5-minute bar, over the past 50 days. The result is an accurate representation of the "true" volume for a specific time in the day. Relative Volume as Percentage or Ratio Relative volume can be shown as a percentage change, a ratio or both. The calculations are the same, it's more about your preference. For example, if a stock has traded 1M shares at 10:00am, yet the average over the past 50 days at 10:00am is 500k shares, the percentage increase is 100% and the ratio would be 2.0. Intraday Charts To accurately determine volume at a specific point during the trading day, as compared to the average at that same time of day, calculations need to be done on an intraday chart. This is your go-to chart to gauge realtime volume flow. Daily, Weekly and Monthly Charts Relative volume data is also shown on daily, weekly and monthly charts, however, it's important to note these values are based on the close of the respective timeframe. Acknowledgement Many thanks to @LucF and @e2e4mfck for their excellent open source indicator, Relative Volume at Time, for TradingView. If you are interested to learn more about the details of relative volume, this is the definitive resource.
Indicatore Pine Script™
di JohnMuchow
93
Ehlers Relative Vigor Index [CC]The Relative Vigor Index was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 58) and this is a momentum indicator that is similar to the Accumulation Distribution Oscillator created by Jim Waters and Larry Williams. He uses digital signal processing to smooth the indicator to provide clear buy and sell signals. The idea behind this indicator is that during uptrends, prices tend to close near the high and during downtrends, prices tend to close near the low. I have included strong buy and sell signals in addition to normal ones so strong signals are darker in color and normal ones are lighter in color. Buy when the line turns green and sell when it turns red. Usually the best signals I have found for this indicator is when the indicator is below the 0 line and turns green then it is usually a sign of a strong uptrend. Let me know if there are any other scripts you would like to see me publish!
Indicatore Pine Script™
di cheatcountry
Volume Records + AlertContents Overall Introduction Settings menu parameters Usage How to use alerts Limits Overall Introduction This indicator is a "volume analysis" tool for confirming the direction and strength of price trend and spotting trend reversals. This tool consists of two parts: 1- The colored graph is a custom volume oscillator which shows the relative changes in volume. The darkening of the color of the bars is a sign of increasing volume. 2- Triangular labels that show trading volume records over different time periods based on the absolute values of the volume. By creating an alert, you can be notified of new trading volume records. These records are: Highest / lowest volume in one year, Highest / lowest volume in six month Highest / lowest volume in three month Highest / lowest volume in one month Highest / lowest volume in one week Settings menu parameters {Short Length} => The fast volume MA of the Volume Oscillator. {Long Length} => The slow volume MA of the Volume Oscillator. {Visual Parameters} => Parameters to personalize the appearance of the indicator. {Alert Conditions Part 01: Highest Records ⏰ } => Parameters to customize the alert. {Alert Conditions Part 02: Lowest Records ⏰ } => Parameters to customize the alert. Usage This indicator is a "volume analysis" tool for confirming the direction and strength of price trend and spotting trend reversals. What Is Volume Analysis? Volume analysis involves examining relative or absolute changes in an asset's trading volume in order to make inferences about future price movements. A significant price increase along with a significant volume increase, for example, could be a credible sign of a continued bullish trend or a bullish reversal. The gradual darkening of the bars is a sign of the strength of the trend. Volume can be an indicator of market strength, as rising markets on increasing volume are typically viewed as strong and healthy. How to use alerts Note that by creating an alert, an instance of the indicator, with all your settings, will be activated on the site's server and alerts will be triggered by it. After that, changing the indicator settings on the chart will no longer affect the alert. Open the settings window and select the alert conditions as you wish Click the Create Alert button (or press the A key while holding down the ALT key) In the Condition section, select the name of the indicator. Make the rest of the settings as you wish. Finally, click on the Create button. It's finished. After a few moments, your alert will be added to the Alerts menu. Limits The labels are displayed after the bars close. Labels are displayed for the last 10,000 bars.
Indicatore Pine Script™
di BobRivera990
10
Relative Strength 3D Indicator [CC]This is a custom indicator of mine loosely based on the work by James Garofallou (Stocks and Commodities Sep 2020 pg 14) and this is meant for medium to long term trend confirmations. The idea behind this indicator is to capture 3 different dimensions of trend strength. The first dimension captures the overall strength of the underlying stock vs the market (in this case the S&P 500). The second dimension captures the overall trend strength by assigning a scoring system so when all faster moving averages are stronger than slower moving averages then it gets the max points. The final dimension is the strength of the overall strength of everything so far. Buy when the indicator line turns green and sell when it turns red. Let me know if there are any other indicators or scripts you would like to see me publish!
Indicatore Pine Script™
di cheatcountry
2
Relative VolumeVolume can be a very useful tool if used correctly. Relative volume is designed to filter out the noise and highlight anomalies assisting traders in tracking institutional movements. This tool can be used to identify stop loss hunters and organized dumps. It uses a variety of moving averages to hide usual activity and features an LSMA line to show trend. Trend columns are shown to highlight activity and can be seen at bottom of the volume columns, this is done using ZLSMA and LSMA. The above chart shows an example of 2 indicators being used on the 15 min chart. The bottom indicator is set to the 1 min chart. Traders can see a large dump on the 1 min chart as institutions wipe out any tight stop losses. Next they buy back in scooping up all those long positions. This is an example layout using a split screen setup and multiple timeframes ranging from 1 min to 30 mins. This gives a clear indication of trends and make it easy to pickup on institutional behaviour. Tip: Double clicking indicator background will maximize RVOL to the split screen window.
Indicatore Pine Script™
di veryfid
66
Combo Backtest 123 Reversal & Relative Volatility Index This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy The RVI is a modified form of the relative strength index (RSI). The original RSI calculation separates one-day net changes into positive closes and negative closes, then smoothes the data and normalizes the ratio on a scale of zero to 100 as the basis for the formula. The RVI uses the same basic formula but substitutes the 10-day standard deviation of the closing prices for either the up close or the down close. The goal is to create an indicator that measures the general direction of volatility. The volatility is being measured by the 10-days standard deviation of the closing prices. WARNING: - For purpose educate only - This script to change bars colors.
Strategia Pine Script™
di HPotter
RSI - Relative Strength Index Triple - TradingEDThis case study is based on a previous RSI study, but with three different counts to compare different trends. The use of this indicator is restricted to private use, and it can be used only by invitation. Different functionalities have been added to the original code, such as alerts and signals that seek to make trading much easier to interpret by any type of trading operator of any experience level, from beginner to intermediate and advanced. Key components of the original indicator: ● The Relative Strength Index (RSI) is a popular momentum oscillator developed in 1978. ● The RSI provides technical traders signals about bullish and bearish price momentum, and it is often plotted beneath the graph of an asset's price. ● An asset is usually considered overbought when the RSI is above 70% and oversold when it is below 30%. It is a momentum indicator used in technical analysis that measures the magnitude of recent price changes to assess overbought or oversold conditions in the price of an asset. The RSI is displayed as an oscillator (a line chart moving between two extremes) and can read from 0 to 100. Overbought does not necessarily mean that the price will reverse lower, just as oversold does not mean that the price will reverse higher. Rather, the overbought and oversold conditions simply alert traders that the RSI is near the extremes of its recent readings. Main functions of this modified indicator: 1) The SOURCE for the counts can be determined by the trader (close, open, etc). 2) You can select the type of MOVING AVERAGE , among many available options ( SMA , EMA , DEMA , HMA , etc.) 3) The MEASURE can be based on a CANDLES count if you are trading OHLC Charts from 1D onwards , or if your trading is intraday, you can also select counts by MINUTES, HOURS or DAYS , depending on your trading style. 4) LENGTH , by default it will be loaded as in the STRATEGY , but considering the previous point, you can modify it according to your convenience. 5) You have the option to hide or show a LABEL at the top of the chart, with respect to the signals: BULLISH green, BEARISH red. Main performance functions of this modified indicator: I) In the case of the PERFORMANCE that appears at the right of the chart, you have the option to adjust the WIDTH of each box. II) The TEXT of the PERFORMANCE is not modifiable, but you can customize the default color. * III) The BACKGROUND of the PERFORMANCE , you can customize the default color. * IV) You have the option to hide or show a PERFORMANCE that appears at the right of the chart. Main functions to customize the style of this indicator: a) You can select the color for the ADJUSTED LEVEL and for the MOVING AVERAGE , with the colors that best suit you. b) The CROSSOVER/CROSSUNDER signal between the MOVING AVERAGE and the ADJUSTED LEVEL can also be customized. * c) For any type of SIGNAL , it is painted as a VERTICAL LINE in the graph, you can change the color that comes by default. * d) In the case of the LABEL that appear at the top, the text is not modifiable, but you can customize both the type of label and change the default color. * e) You can select the color for OVERVALUED and for UNDERVALUED levels, with the colors that best suit you. f) You can select the colors for the BACKGROUND of the indicator according to the trend, whether it is BEARISH or BULLISH , with the colors that best suit you. * * By default, they are marked as red for downtrends and green for uptrends.
Indicatore Pine Script™
di Trading_ED
6
Relative Volume TableRelative Volume Table in percent. So 400% RVol means, today's volume is 4x compared to avg volume for the length you selected. 1. When chart resolution is Daily or Intraday (D, 4H, 1H, 5min, etc), Relative Volume shows value based on DAILY. 2. When resolution is changed to Weekly or Monthly, then Relative Volume shows corresponding value. i.e. Weekly shows weekly relative volume of this week compared to past 'N' weeks. Likewise for Monthly. You would see change in label name. Like, Weekly chart shows W_RVol (Weekly Relative Volume). Likewise, Daily & Intraday shows D_RVol. Monthly shows M_RVol (Monthly Relative Volume). 3. Added a plot (by default hidden) for this specific reason: When you move the cursor to focus specific candle, then Indicator Value displays relative volume of that specific candle. This applies to Intraday as well. So if you're in 1HR chart and move the cursor to a specific candle, Indicator Value shows relative volume for that specific candlestick bar. Hope you find this useful.
Indicatore Pine Script™
di sskcharts
4
Relative Difference Of Squares Oscillator [CC]The Relative Difference Of Squares Oscillator was created by Marco Alves (Stocks and Commodities Aug 2020 pg 10) and this is a heavily customized version of his indicator that works for single stocks instead of the entire market. I have included extra buy and sell signals to account for strong signals vs normal signals based on some user feedback I got. Buy when the line turns green and sell when it turns red. Keep in mind that this is a lagging indicator so good for trend confirmation. Let me know if there are any other scripts you would like to see me publish!
Indicatore Pine Script™
di cheatcountry
2
Risk Position Sizing tool using Coefficient of VariationA way to manage portfolio risk using relative standard deviation, also known as coefficient of variation. This tool tells you how much of each stock in shares and in value to buy adjusted for their volatility risk for a given starting account capital. A problem many people have is how to diversify an account and adjusting it for the risk involved in each equity. Many would put in an equal amount of capital value into each share but is it really equal if some equities have more risk than others? A solution is to adjust the portfolio by giving less weight to those that are more volatile or risky. It's done by using a starting percent of the account, preferably a small percent of it, and buying up shares with that same amount for each equity. Each equity will also be divided by the COV to risk adjust the portfolio by giving less weight to the more volatile stocks. This is done until as much of the initial capital in the account as possible is spent. COV is how far away the price is from the mean or average. The further the price is from the mean the more risk or volatility there is. It uses standard deviation in its calculation. The problem with SD and ATR is that they are not relative to the past or to other equities to compare to. An application where COV can be used is risk portfolio management formulas. This does not take into account correlation or other equation parts in some portfolio management formulas but only the risk or volatility, the default volatility length is mostly arbitrary, and the lower risk stocks may end up being the slowest in performance. The text label will show how many shares will be bought and how much value each equity will have. At the end it will show the initial capital that was started off with, the total shares bought, the total value of all the shares, and the amount of capital left over. If the sources are not blank then they will be used, to blank them you will need to reset the settings to default otherwise they might still be read. If you want to add more than the given 10 equity spaces to the portfolio then you will need to add in the code manually and add it to the chart. The denominator is perhaps the important part in these types of risk position sizing tools, you can change to other things such as risk-reward ratio instead of volatility or change the volatility type, etc.
Indicatore Pine Script™
di SparkyFlary
5
MA Cross Ribbon + [RSI,StochRSI,VolOsc,RoC,Compare,Info Panel] Draws all sorts of useful information directly onto the Chart Moving Average Ribbon with configurable offsets Allows you to easily visualize MA Crossovers Easy to view in the Data Window RSI Indicator (Overbought, Oversold, Healthy) Stochastic RSI Volume Oscillator (Bullish, Bearish, Healthy) Rate of Change Indicator Compare Symbol without adding a new scale (Symbol, Timeframe, Divider) Moving the chart around won't ruin your comparison Allows you to see the general sentiment of all your configured averages at a glance 100% Configurable If there is anything you would like added please comment, It's very likely I will be adding more things to this.
Indicatore Pine Script™
di UnknownUnicorn17545852
8
Coefficient of Variation - EMA and SMA StDevYet another way to try and measure volatility. An alternative to using ATR is Standard Deviation, it can be used to measure volatility or what is also known as risk. SD measures how dispersed or far away the data is from the mean. It's commonly seen in risk management formulas or portfolio diversification formulas. The problem however is that the numbers that ATR and SD give off from one equity might not be relative to others or its own past. For example, SPY can give a large number despite not being as volatile as other equities while others being compared to can have smaller volatility numbers and still be more volatile looking. A solution I thought of is to use percentages that are relatable to different equities. I found out another name for this idea comes from statistics and is known as coefficient of variation, also known as relative standard deviation. This helps see the volatility as a percentage and not just a number that only relates to what is being seen at the moment. I put in a border line on the zero level to see where zero is at but also to edit in case there is such a thing as a percentage number that can be too high or too low for volatility to be looked at if needed. The average and standard deviation formulas can use either simple moving average or exponential moving average.
Indicatore Pine Script™
di SparkyFlary
Hilega_Milega_StrategyThis study shows the price action strength using RSI & Moving Averages. In this study different line indicates below measures--- BlackLine - Strength Red Line - Volume GreenLine - Price 1. Volume line is below price and strength then the price may go up. 2. Volume line is above price and strength then the price may go down. 3. Volume line below strength line price may stop going down. 4. Price line above strength then price may go down. There is a total of 2 zones that indicate the price strength in the red zone price is showing strength ness and in the blue zone, the price is showing weakness. This study helps to identify if the price is having strength or not if going up or down based on volume.\ Strategy give signal based on above-mentioned line as follows. Buy - Strength line above volume & price line + Price line crossover Volume line. Sell - Strength line below volume & price line + Price line crossunder Volume line.
Strategia Pine Script™
di HB5
14
Super Momentum StrategyThis is a strategy utilizing multiple of Evergets RMI (thanks to him for permission to publish) and a Chance Momentum. It buys when 4 of the RMIs are below their thresholds and sells when they are above. There is a 5th one I added last night that works in Reverse - buy when its above and sell when below, which should work better for pyramiding strats by using it at the right rate to set the overall trend. Very basic sample below, I could have set it up better as my example but just want to publish.
Strategia Pine Script™
di burgercrisis
7
RMI + Triple HMRSI + Double EVWRSI + TERSI + CMO StrategyThis is a strange experimental strategy WIP that I decided to upload an early version to share some of what I am working on. Just one script of a few. It combines Chande Momentum with RMI and some weird ones I am experimenting with - Triple Hull MA RSI, Double Exponential + Volume Weighted RSI, Triple Exponential RSI. And to top it off, a final oscillator that combines the THMRSI with the RMI. The main intention here, currently, is to test the usefulness of each on different timeframes and values. Currently it is considered to buy when all are below their threshold and sell when all are above, with the chande momentum crossing its line as the final confirmation. For now there is no individual for each of the unique elements included. I am going to likely use this is a working house project to test other experimental indicators in the future. It may be some of these are better suited for long term but I do think they have valid uses in checking short and long term momentum at the very least. I copied the RMI from Everget.
Strategia Pine Script™
di burgercrisis