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WTI Intraday Pressure (CL1!-CL2!)WTI INTRADAY FACTOR PRO (CL1/CL2) User Manual --- OVERVIEW This indicator uses the relationship between CL1 (front-month WTI futures) and CL2 (second-month futures) to estimate intraday market pressure. It helps identify: * directional bias * continuation vs mean reversion conditions * higher-quality breakout environments Important: This is a filter , not a standalone trading system. --- CORE IDEA The indicator is based on the spread: S = CL2 - CL1 Interpretation: * Backwardatio
Indicator
by FutuRInvest
Gold Oil RatioGold Oil Ratio: Macro Sentiment & Mean Reversion Overlay This indicator provides a sophisticated look at the Gold-to-Oil Ratio, one of the oldest and most reliable macro-economic barometers. By tracking the relative value between "Safe Haven" Gold and "Industrial Growth" Oil, traders can gauge global economic sentiment and potential market turning points. Key Features: Macro Barometer: Instantly see if the market is in a "Risk-Off" (high ratio) or "Risk-On" (low ratio) phase. Adaptive Volatility
Indicator
by GospodarValovaHR
APEX ELITE . 2━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ◈ APEX ELITE . 2 Open Source Pine Script v6 · Panel-Only Edition · Zero Chart Clutter ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚠️ NOT FINANCIAL ADVICE — See full disclaimer at the bottom. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ WHAT IS APEX ELITE? ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ APEX ELITE is a single, unified intraday dashboard that replaces what would
Indicator
by ALA3
ABC Pattern - Buy & Sell Zones IT'S OPEN SOURCE FOR YOU 📊 ABC Pattern — Mathematical Price Target Formula What is the ABC Pattern? The ABC pattern is a price structure that identifies high-probability buy and sell zones using three pivot points: A, B, and C. Instead of relying on subjective analysis, this indicator uses a simple mathematical formula to calculate an exact price target — removing guesswork from your trading. 🧠 The Logic Behind It Price never moves in a straight line. It swings up and down, creating a series of
Indicator
by ALA3
5
VOLUME Full [Titans_Invest]VOLUME Full Designed for traders who want to take volume analysis to the next level. This version delivers deeper insight into volume activity, integrating multiple customizable filters to highlight key buying and selling pressure. It's a comprehensive solution for volume-based decision-making. ⯁ WHAT IS THE VOLUME❓ The Volume indicator is a fundamental technical analysis tool that measures the number of shares or contracts traded in a security or market during a given period. It helps trad
Indicator
by Titans_Invest
CL Live lotsize ROOSTER📄 Description: This is a utility script designed for manual futures traders who enter with market orders and want to size their positions precisely based on $ risk. ⚙️ Features: ✅ Calculates live contract size based on: A fixed dollar risk amount (e.g. $100) A manually set static stop-loss price The live market price as your entry ✅ Uses a configurable risk-reward ratio (e.g. 1:3) ✅ Plots entry, stop, and target levels on the chart ✅ Displays calculated contract size as a floating label
Indicator
by Therooster123
Gas/Oil SpreadGas/Oil Spread Analyzer with Static Overbought/Oversold Zones This indicator measures the spread between the actual price of natural gas and its oil-based equivalent, derived from a defined oil/gas ratio. It helps traders identify potential mispricings and mean-reversion opportunities between the two energy commodities. Key Features: - Calculates spread: Gas Price – Oil-Based Equivalent Price - Supports dynamic or static oil/gas ratio - Plots a smoothed version of the spread (SMA) - Displays s
Indicator
by Slavtrad
Market Health MonitorThe Market Health Monitor is a comprehensive tool designed to assess and visualize the economic health of a market, providing traders with vital insights into both current and future market conditions. This script integrates a range of critical economic indicators, including unemployment rates, inflation, Federal Reserve funds rates, consumer confidence, and housing market indices, to form a robust understanding of the overall economic landscape. Drawing on a variety of data sources, the Mark
Indicator
by mezor13
Money Supply Index (MSI) by zdmreThe primary objective of the states monetary policy is to maintain price stability with sustainable maximum economic growth. In anticipation of higher inflation , the Central Banks raise short-term interest rate thereby to reduce money supply. Conversely, the Central Banks reduce short-term interest rate to inject additional money into the economy in apprehension of unleashing recessionary forces. The stock markets usually respond negatively to interest rate increases and positively to interest
Indicator
by zdmre
12
energies_correlation_zscoreA table to help track correlations between the four major energies contracts of the CME. The table shows the z-score of the current correlation value between HO, RB, CL, and NG. The inputs are: - timeframe: the timeframe of the calcluation. the default is 5 minutes. - window: the rolling window over which to calculate the correlations. the default is 48, or four hours given the default timeframe. A score of zer means that the correlation over the latest window is in line with the average for a
Indicator
by taylor_o
Strategy Oil Z ScoreObjective is to find forward looking indicators to find good entries into major index's. In similar vein to my Combo Z Score script I have implemented one looking at oil and oil volatility. Interestingly the script out performs WITHOUT applying the EMA in longer timeframes but under performs in shorter timeframes, for example 2007 vs 2019. Likely due to the bullish nature of the past decade (by and large). You have some options on the underlying included Oil vs OVX (Best), MOVE vs OVX and VIX vs
Strategy
by jroche1973
Crude Oil: Backwardation Vs ContangoCrude Oil, CL Plots Futures Curve: Futures contract prices over the next 3.5 years; to easily visualize Backwardation Vs Contango(carrying charge) markets. Carrying charge (contract prices increasing into the future) = normal, representing the costs of carrying/storage of a commodity. When this is flipped to Backwardation(As the above; contract prices decreasing into the future): it's a bullish sign: Buyers want this commodity, and they want it NOW. Note: indicator does not map to time axis in
Indicator
by twingall
1
Sideways detection bollinger bandsSideways detection indicator using Bollinger bands . In this case we take the original ratio between lower and upper and we smooth it even harder in order to get a better idea about the accuracy of the trend. If the initial ratio is not between 0 and 1 and the smooth ratio is higher than our selected value, we get an idea if we are a in trending market or not. Of course using it as a standalone has no usage, and it has to be combined with other tools like moving average, oscillators and so on
Indicator
by exlux
2
Powerfull strategy MACD+RSI+STOCH ATR stop best on Crude OilMy strategy uses a combination of three indicators MACD Stochastic RSI . The Idea is to buy when ( MACD > Signal and RSI > 50 and Stochastic > 50) occures at the same time the BUY STop we place on previous day HIGH and sell (short) when the opposite condition occurs we place SELL STOP on previous day LOW We exit on Take profit or Stop loss which is calculated by ATR (10) or on the opposite signal "Volatility breakout" This strategy works well on stocks, commodities and cryptos especially d
Strategy
by x001tk
2
Kringold2[WOZDUX] gold equivalentThe indicator is a tool for global analysis. The default is the price of gold. The price of the instrument from the main window is divided by the price of gold. The result is the price of the instrument in units of gold. The screen uses the Dow Jones index as an example. In the indicator window, the price of the index in units of gold or the so-called gold Dow Jones. The use of the gold equivalent makes it possible to see more truthful trends. The Indicator has the ability to change gold to any
Indicator
by wozdux
1
Oil ETF VolumeDirexxion Daily has both 'bear' and 'bull' oil ETFs. This tracks the volume in both combined. It also tracks them individually: the bear ETF is the red line, and bull the green. NOTE: the color of the volume bars is determined by whatever ticker you're currently looking at, and whether current close is gt/lt previous close. It is intended to be used while looking at the USOIL chart. The colors will be inverted if you're looking at the 'bear' ETF! as the higher closes will actually mean pr
Indicator
by some_guy
2
Binary option trading by two previous barsThis simple script uses the idea of inertia of the market. if 2 previous candles have the same color, current meant to have that too. Following this signal is equal to buying a binary option on the start of the bar (week here). Signals are shown as arrows on the series. The color of the bar shows the outcome of the current option: yellow is success, black is failure. The same outcomes are at the bottom of the chart. The blue line is the total revenue of all options so far. Can be used as templat
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by radixvinni
10