---- May 05 2015 ----- Added support for filtered ranges: RID V3 : pastebin.com RIDv3 has full backward compatibility (!?), meaning all my descriptions below still apply for V3. -- In addition, I have added a NON-OVERLAY mode, which can be put in its own pane, that shows the number of bars in the current range. -- in Overlay mode, you can switch on/off...
Many Assets, especially Commodities , have patterns of seasonality: Periods in the year when they have shown a greater tendency to rise or a greater tendency to fall. The Seasonality of an asset is based on historical data (20yrs+): Specific asset seasonality charts can be found via an online search. This is a simple tool that allows users to highlight and color...
This script is a combination of the RSI, QQE and BB Here is an explanation on how I combined them, and how they are used: - RSI (Relative Strength Index) - Display a smoothed version of the RSI to identify "oversold" and "overbought" market phases - Used to calculate a QQE - QQE (Quantitative Qualitative Estimation) - Used to identify trend...
It is simply your traditional MFI , except that your 50 line became the actual price. Why and how could it be useful? This indicator helps to spot more easily and efficiently divergences . You could also use it for trend reversals as you usually do with your 50 line, but I would suggest to set a higher length for the MFI, like 155 or something like that.
This is just a tool to highlight the specific time range. Thanks.
display the intraday trading period (08:30 - 15:00) on chart with high transparent white background. you can edit the time period by yourself in the pine editor mode.
Highlights trading opening hours in the background based on UTC times. Settings for US and EU markets available now, let me know if you want other markets.
Basic MFI, but with highlight overbought and oversold.
This idea behind this indicator was to show an un cluttered view of the RSI on 3 different timeframes. The RSI for the current chart highlights Lime/Red when it crosses the Overbought and Oversold levels, which are editable in the Inputs tab. RSI 2 defaults to the 1h timeframe and prints a lime dot at the top of the indicator when it's above the 50 level and a Red...
Simple script highlighting a vertical line on the last bar of the Day/ Week/ Month/ Hour/ H4/ minute etc. Helps maintain visibility of higher timeframes when on lower timeframes. Quickly identify end of period levels.
A simple script which allows the user to highlight the background of a certain session. At the moment there is only one session available, I will work on multiple highlights for numerous sessions at a later date.
Highlight last bar only. No refresh needed. Works on all time frame and for version 4 & 5. Can be added in your own scripts copy/pasting just one line. //DON'T FORGET TO HYDRATE
This indicator includes: RSI Candles set to the default 14 length (un check Borders in the Style tab to see the candlesticks better) I like using the wicks as an early warning for a possible trend change, which is generally in the opposite direction of the wicks. It's also easier for me to draw trend lines using the RSI Candles vs the rsi plot...
TD Ameritrade regular + extended US trading hours highlight
A free Pine Script that shades the COVID outbreak period. Note that you can specify your own date range and shade color.
I was searching for a script that had the 50 level visible, the only one I've found was the one of Alexpunct, however the 50 line was not very visible so I've just modified style and color. It's a very little modification but at least it's useful for those who want to use is in combo with EMA or McGinley-based strategies.
HG Scalpius - Previous Bar Highlight This indicator highlights the 20th bar from the current bar and has the below applications for trading the HG Scalpius system: - Determining if trend mode off switch is triggered, failing to set a new higher (lower) close in the trend with 20 bars - Determining the highest (lowest) bar in the previous range to decide if a...