This Pine Script indicator calculates and visualizes the price movement for each candlestick on the chart. - **Calculation**: The price movement for each candle is determined by subtracting the opening price from the closing price. - **Visualization**: The price movement is plotted as a histogram, with positive values indicating upward movement (green bars)...
This indicator is used for options trading in banknifty. When black line crosses below 60 line then enter put and when it crosses above 40 line then enter call option. But the 5 min candle should be above or below the 5 EMA
The law of effort vs result tells us when the effort ( volume ) has outsized results ( changes in price ). If the price moves significantly up on low volume we can find reversal points and bullish trend confirmations. And vice versa.
Extreme Reversal Indicator from the Book "Secret of a Pivot Boss by Frank O Ochoa"
This script contains the 4 EMAs 20, 50, 100 and 200. The compression and expansion of these EMAs dictate the big move in the script underlined.
50 ema band bitcoins corrects around 30 percent from the top during bull run a 1.5x band from 50 ema gives a gain of 50 percent from 50 ema to 1.5x 50ema and an exact 50 percent form top to bottom
//@version=5 indicator("Previous 10-candle High/Low", overlay=true) // Function to calculate the highest high and lowest low over the previous 10 candles excluding the current candle getHighLow(period) => var float highest_high = na var float lowest_low = na if bar_index >= period highest_high := ta.highest(high, period) lowest_low :=...
Multi-Index Momentum Indicator (MMI) The Multi-Index Momentum Indicator (MMI) is a custom TradingView Pine Script indicator designed to calculate and display the momentum difference between the base and quote indexes of various currency pairs. This indicator helps traders identify the relative strength or weakness of a currency pair by comparing the momentum of...
Merhaba, bu indikatör ile birden fazla EMA indikatörünü grafiğinize eklemenize gerek kalmıyor. Tek bir indikatör ile 10 adet EMA çizgisini grafiğinize ekleyebilirsiniz. Çizgi rengi, uzunluk değerleri ve kalınlığı gibi detayları ayarlardan özelleştirebilirsiniz.
Merhaba, bu indikatör ile birden fazla SMA indikatörünü grafiğinize eklemenize gerek kalmıyor. Tek bir indikatör ile 10 adet SMA çizgisini grafiğinize ekleyebilirsiniz. Çizgi rengi, uzunluk değerleri ve kalınlığı gibi detayları ayarlardan özelleştirebilirsiniz.
Description: Improved "Hourly Midline" indicator. It displays high, middle and low levels of every candle with specified timeframe (can be hourly, daily, or any other timeframe). You can change the source for the levels (either high and low of candle, or open and close of candle). Additionally, you can turn on the "Line chart", which essentially connects every...
Library "ImrLibrary" TODO: add library description here STG(Length) TODO: add function description here Parameters: Length (int) Returns: TODO: add what function returns ISI(Length) Parameters: Length (simple int)
The CPR indicator, or Central Pivot Range indicator, is a technical analysis tool used in trading to identify potential support and resistance levels based on the price action of a security. Developed by pivot point theory, it is particularly popular among day traders and swing traders. The CPR indicator consists of three lines: 1. **Pivot Point (PP):** This is...
This Pine Script™ v5 indicator, "Doji Traina," highlights Doji candlestick patterns on your chart in bright yellow. Doji candles, where open and close prices are close, are often seen as potential market reversal signals. This tool helps traders quickly spot these patterns, aiding in making informed trading decisions.
Just a simple indicator I made for myself to compare a stock's performance to the S&P.
simple trade with fast & slow moving averages golden/ dead cross point.