Good day, traders. I would like to take this opportunity to advise both new and experienced traders that holding onto your position indefinitely is not recommended. Based on percentage calculations, the return required to recover to break even increases at a considerably faster pace as losses grow in size due to compound interest. After a loss of 10%, a gain of...
Our vibrant community is not only for professional investors, everyday traders and Pine scripters, it’s also home to content creators who share their wisdom, experiences, and market insights. We love our content creators and that’s why we recently launched our first-ever community content rewards program that gives $100 cash to anyone who is selected to Editors’...
Hello dear @TradingView community! In this guide, we will delve into the concept of divergence and its significance in technical analysis, specifically focusing on its application in the cryptocurrency market, particularly Bitcoin. Understanding Divergence: A Key Concept in Trading Divergence occurs when the price of an asset and an indicator, such as the...
This year, we introduce the awards for the Best Editors' Picks of the year. Among the 84 selections of 2022, our PineCoders voted these four script publications as the most outstanding. Each of the authors of these four scripts will receive 50,000 TradingView coins. These are all open-source, freely available scripts, which their authors have generously chosen...
Good time of the day, friends! Rushing into trades is definitely among the top #3 common mistakes done by relatively newer market participants who we would call early sellers in this context. The chart/infographic above is pretty self explanatory, but let’s still cover some aspects of it by considering a following scenario: Market was moving sideways the whole...
Wyckoff was a pioneer in the technical analysis of the stock market in the early 20th century. He established the Stock Market Academy in 1930. The main course is to introduce how to identify the dealer’s process of collecting chips and the process of distributing chips/judge. Second and third, in the basic law of "causality", the horizontal P&F count within the...
You can now view our selection of the best open-source scripts in the new Editors' Picks section of the scripts stream, where they appear as we select them.