Editors' Picks

Steversteves

Hello everyone! I am excited to release my trend correlation heatmap, or trend heatmap for short. Per usual, I think its important to explain the theory before we get into the use of the indicator, so let's get into the theory! The theory: So what is a correlation? Correlation is the relationship one variable has to another. Correlations are the basis...

tradeforopp Updated 

Designed with the help of TTrades and with inspiration from the ICT Everything indicator by coldbrewrosh, the purpose of this script is to identify ICT Killzones while also storing their highs and lows for future reference, until traded through. There are 5 Killzones / sessions whose times and labels can all be changed to one's liking. Some prefer slight...

fikira Wizard

In specific circumstances, it is possible to extract data, far above the 40 `request.*()` call limit for 1 single script . The following technique uses composite tickers . Changing tickers needs to be done in the code itself as will be explained further.           ⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯ 🔶 PRINCIPLE         Standard...

LuxAlgo Wizard

The Open Interest Chart displays Commitments of Traders %change of futures open interest , with a unique circular plotting technique, inspired from this publication Periodic Ellipses . 🔶 USAGE Open interest represents the total number of contracts that have been entered by market participants but have not yet been offset or delivered. This can be a...

TheTradingParrot Updated 

TTP VIX Spy is an indicator that uses data from TVC:VIX to better time entries in the market. The assumption used is that when the VIX is coming down from the top of its range then the risk on assets can move to the upside and when the VIX is is pushing higher there's a high likelihood or risk on assets going down. This indicator observes the momentum of VIX...

Steversteves Updated 

This is the Z-Score Probability indicator. As many people like my original Z-Score indicator and have expressed more interest in the powers of the Z, I decided to make this indicator which shows additional powers of the Z-Score. Z-Score is not only useful for measuring a ticker or any other variable’s distance from the mean, it is also useful to calculate...

kaigouthro Updated 

Updated Syntax Colouring to include UDT and methods and libraries, and a few other extras. Remember to Update when new built in language features are introduced. This will not be Maintained frequently, it's an update to present times

Trendoscope Wizard Updated 

Here is an interactive tool that can be used for learning a bit about Elliott Waves 🎲 How it works? The script upon load asks users to enter 6 pivots in an order. Once all 6 pivots are selected on the interactive chart, the script will calculate if the structure is a valid motive wave. When you load the script, you will see a prompt on the chart to select points...

allanster Wizard Updated 

"Anchored VWAP Pinch & Handoff, Intervals, and Signals" is an AVWAP toolbox for those who like to use various VWAP trading techniques. The indicator is currently comprised of the following three sections: • The Pinch & Handoff section (shown above on chart) allows manually setting an upper and lower AVWAP (Pinch) along with an additional AVWAP (Handoff) by...

veryfid

This toolkit provides filters and extra functionality for non-repainting Nadaraya-Watson estimator implementations made by @jdehorty. For the sake of ease I have nicknamed it "kreg". Filters include a smoothing formula and zero lag formula. The purpose of this script is to help traders test, experiment and develop different regression lines. Regression lines are...

allanster Wizard Updated 

Intraday Intensity Index was created by David Bostian and its use was later featured by John Bollinger in his book "Bollinger on Bollinger Bands" . It is categorically a volume indicator and considered to be a useful tool for analyzing supply and demand dynamics in the market. By measuring the level of buying and selling pressure within a given trading session it...

djmad Updated 

The tool you're using is a financial instrument trading planner and analyzer. Here is how to use it: Trade Planning: You can plan your trade entries and exits, calculating potential profits, losses, and their ratio (P/L ratio). You can define up to five target closing prices with varying volumes, which can be individually activated or deactivated (volume set...

tradeforopp

This Seasonality indicator is meant to provide insight into an asset's average performance over specified periods of time (Daily, Monthly, and Quarterly). It is based on a 252 trading day calendar, not a 365 day calendar. Therefore, some estimations are used in order to aggregate the Daily data into higher timeframes, as we assume every Month to be 21 trading...

Trendoscope Wizard Updated 

Caution: This algorithm is very heavy and bound to cause timeouts. If that happens, there are few settings you can change to reduce the load. (Will explain them in the description below) 🎲 Recursive Reversal Chart Patterns Indicator Welcome to another exploration of Zigzag and Pattern ecosystem components. Previously we derived Pitchfork and Recursive Zigzag...

sudoMode Updated 

╭━━━╮╱╱╱╱╭━╮╭━╮ ┃╭━╮┃╱╱╱╱┃╭╯┃╭╯ ┃╰━━┳━╮╭┳╯╰┳╯╰┳━━┳━╮ ╰━━╮┃╭╮╋╋╮╭┻╮╭┫┃━┫╭╯ ┃╰━╯┃┃┃┃┃┃┃╱┃┃┃┃━┫┃ ╰━━━┻╯╰┻╯╰╯╱╰╯╰━━┻╯ Overview A vast majority of modern data analysis & modelling techniques rely upon the idea of hidden patterns, wether it is some type of visualisation tool or some form of a complex machine learning algorithm, the one thing that they have in...

peacefulLizard50262 Updated 

In today's world of trading, having the right tools and indicators can make all the difference. With the vast number of cryptocurrencies available, I've found it challenging to keep track of the market's overall direction and make informed decisions. That's where the ATR OSC and Volume Screener comes in, a powerful Pine Script that I use to identify potential...

LuxAlgo Wizard

The Range Sentiment Profile indicator is inspired from the volume profile and aims to indicate the degree of bullish/bearish variations within equidistant price areas inside the most recent price range. The most bullish/bearish price areas are highlighted through lines extending over the entire range. 🔶 SETTINGS Length: Most recent bars used for the...

tbiktag

• OVERVIEW Introducing the Intrabar Run Count Indicator , a tool designed to detect potential non-randomness in intrabar price data. It utilizes the statistical runs test to examine the number of sequences ( runs ) of positive and negative returns in the analyzed price series. As deviations from random-walk behavior of returns may indicate market ...