Newzage - Fed Net LiquidityThe Fed Net Liquidity indicator is a concept discovered by Max Anderson to calculate the fair value of SPX (S&P 500 Index).
The formula he shared on Twitter uses the Fed Balance Sheet, TGA (Treasury General Account), and Reverse Repo.
Net Liquidity = Fed Balance Sheet - (TGA + Reverse Repo)
The data for each component above is accessible on the FRED website.
Fed Balance Sheet fred.stlouisfed.org
Treasury General Account (TGA) fred.stlouisfed.org
Reverse Repo fred.stlouisfed.org
This script uses net liquidity (NL) fair value calculation for SPX, then estimates entry and next target exit target for both long and short trades on SPY.
The script added RSI oversold/overbought signal to the original NL signal from Max... improving the "precision" of the buy/sell signals.
The script also uses RSI to estimate targets based on how overbought or oversold the index/SPY is.
Циклический анализ
ILM Overnight vs Intraday Performance - Tabular FormUse this indicator on Daily Timeframe
This script compares Overnight vs Intraday Performance based on the Day of the Week (DOW) - Sun - Sat of index/stock/currency/commodity symbols.
ON column indicates Overnight performance = open/close -1
ID column indicates Intraday performance = close-open/1
The calculations are detailed in the tooltips of the individual table cells.
ICT IPDA Look BackThis script automatically calculates and updates ICT's daily IPDA look back time intervals and their respective discount / equilibrium / premium, so you don't have to :)
IPDA stands for Interbank Price Delivery Algorithm. Said algorithm appears to be referencing the past 20, 40, and 60 days intervals as points of reference to define ranges and related PD arrays.
Intraday traders can find most value in the 20 Day Look Back box, by observing imbalances and points of interest.
Longer term traders can reference the 40 and 60 Day Look Back boxes for a clear indication of current market conditions.
Seasonality DOW - Day Of the Week - Tabular FormUse this indicator on Daily Timeframe
This indicator displays the seasonality data for any instrument (index/stock/ futures /currency) in a tabular data by day of the week - DOW ( Sun - Mon - Tue - Wed - Thu - Fri - Sat ).
User can change the start of the year for analysis from the inputs.
Year is represented in rows and Day of the week (DOW) is represented in cols.
This indicator uses Daily Data feed to calculate the % change
Summary data for DOW displayed as the last row
Seasonality Table - Tabular FormThis indicator displays the seasonality data for any instrument (index/stock/futures/currency) in a tabular data.
User can change the start of the year for analysis from the inputs.
Year is represented in rows and Month is represented in cols.
This indicator uses Monthly Data feed to calculate the % change
Summary data for the month is displayed as the last row
Rainbow ChannelI have designed this indicator with the idea of staying focused on the price during the corresponding trend, for this I have built a rainbow channel
The upper part of the channel is painted in colors during the uptrend, at this time the lower part turns gray to focus only on the longs signals
The lower part of the channel is painted in colors during the downtrend, at this time the upper part turns gray to focus only on the shorts signals
The signals are followed by a mark that indicates when to close that trade.
The indicator works with all timeframes, I use it on the 1 hour chart and I do the trades in 1 minute.
CREDITS:
- @DonovanWall for his study "Gaussian Channel " included in this script
- @Alex Orekhov (everget) for his study "HalfTrend" included in this script
Fed Net Liquidity Indicator v2Updated script for jlb05013's original Fed Net Liquidity Indicator. TradingView was bringing in the FRED data in different units than they used to. This code fixes it.
This indicator aims to present a "Net Liquidity" indicator comprised of the Fed Balance sheet , less the TGA account and Overnight Reverse REPO agreements.
Net Liquidity = Fed Balance Sheet - ( TGA + Reverse REPO)
This is an overlay that can be added to stock or other charts (like SPY ) to see how the market may appear correlated to Net Liquidity - injection of liquidity into the markets.
This was hypothesized by Max Anderson, this is just a script realizing that posting.
New updates include a resolution feature, and an option to offset backwards by 2 days per original intent.
TASC 2022.11 Phasor Analysis█ OVERVIEW
TASC's November 2022 edition Traders' Tips includes an article by John Ehlers titled "Recurring Phase Of Cycle Analysis". This is the code that implements the phasor analysis indicator presented in this publication.
█ CONCEPTS
The article explores the use of phasor analysis to identify market trends.
An ordinary rotating phasor diagram is a two-dimensional vector, anchored to the origin, whose rotation rate corresponds to the cycle period in the price data stream. Similarly, Ehlers' phasor is a representation of angular phase rotation along the course of time. Its angle reflects the current phase of the cycle. Angles -180, -90, +90 and +180 degrees correspond to the beginning, valley, peak and end of the cycle, respectively.
If the observed cycle is very long, the market can be considered trending . In his article, John Ehlers defined trending behavior to occur when the derived instantaneous cycle period value is greater that 60 bars. The author also introduced guidelines for long and short entries in a trending state. Depending on the tuning of the indicator period input, a long entry position may occur when the phasor angle is around the approximate vicinity of −90 degrees, while a short entry position may occur when the phasor angle will be around the approximate vicinity of +90 degrees. Applying these definitive guidelines, the author proposed a state variable that is indicated by +1 for a trending long position, 0 for cycling, and −1 for a trending short position (or out).
The phasor angle, the cycle period, and the state variable are made available with three selectable display modes provided for this TradingView indicator.
█ CALCULATIONS
The calculations are carried out as follows.
First, the price data stream is correlated with cosine and sine of a fixed cycle period. This produces two new data streams that correspond to the projections of the frequency domain phasor diagram to the horizontal (so-called real ) and vertical (so-called imaginary ) axis respectively. The wavelength of the cycle period input should be set for the midrange vicinities of the phasor to coincide with the peaks and valleys of the charted price data.
Secondly, the phase angle of the phasor is easily computed as the arctangent of the ratio of the imaginary component to the real component. The difference between the current phasor values and its last is then employed to calculate a derived instantaneous period and market state. This computation is then repeated successively for each individual bar over the entire duration of the data set.
[VTaL] Vertical Time Alert Lines - By BlueJayBird🦾 USE
- Vertical lines drawn ON TOP of chart at selected key times of the day, week, month, year.
- You can use it at any symbol (as far as I know).
- Programmatic alerts available.
- Lines from lower time-frames are selectively NOT visible at higher time-frames. Example: At 1h time-frame, vertical lines from 1h and 4h intervals are not visible. Drawing them is considered not really useful.
🎭 MAIN FEATURES
- Available targeted times: 3m, 15m, 1h, 4h, 1D, 1W, 1M, 1Y.
- Offset available for all lines. Example: 1 offset for 4h moves lines from 4AM to 8AM.
- Programmatic alerts for all lines. Example: If alert is enabled for 15m lines, every time those lines are reached, alert will trigger.
- Available drawing themes: Custom, Light, Dark.
💻 NOTES ON CODE
- Vertical lines are drawn using a custom function, which uses line.new() built-in function.
- Alerts are triggered using ta.cross() built-in function. Alert is triggered when close price crosses a given time value from the line.get_x1() built-in function.
- I've added, where necessary, several comments to the code for understanding what's going on. If you have additional questions, you may ask them in the comment section of the publication.
- 3m lines are not really useful in day-trading, they were added for debugging purposes mainly. Useful for learning how to use alerts, though.
👉🏼 NOTES ON ALERTS
- When setting up an alert, the targeted line must be enabled/visible.
- Every time any alert is enabled or disabled, you must create AGAIN the alert from the "Alerts" panel (remember, alerts run in the back-end).
- Alerts contain really useful information. If you have any idea for adding some other data, tell in the comment section. 💡
⚠️ KNOWN ISSUES
- None. Let me know please if you find any.
--------------------------------------------
~ Comment , Follow and Boost ~ 🚀
[Floride] 4 Layers of Bollinger Shadow
This is the indicator I named 4LBS. That means four layers of bollinger shadow.
This is an indicator that I made to see how far past prices could affect the future prices.
And I found some very interesting and beautiful things about it, and I wanted to share them with you, so I publish this indicator.
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Hello, nice to meet you all. my name as a trader is Floride.
First of all, I am not good at English, so there may be many grammatically incorrect sentences below.
I ask for your understanding in advance. Thanks for your understanding.
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What is it?
bollinger Bands usually has one moving average line. And there's two bands that uses same period value of standard deviation as the former MA. And this indicator, by the way, has a 4 shadow bands
that uses twice,three,four,five time the value of the MA's period.
Appearance -
This indicator has four layers, and there are also other layers between them.
You can turn on or off all the shadow layers.
Uses of Indicator and Examples
examples of actual use
1. market strongness diagnosis
-It seems all layers of shadow has some degree resist/support forces.
This indicator has the 4th layer - "L4". (indicated by red lines).
I saw emergence of volatility quite frequently when this last layer breaks through.
When price breaks through this area or line, shade appear on the L4 layer in red. and red cross appear on the that point. This is I called Marlin signal.
If you saw red color shadow in this indicator, then the market may have quite high volatility.
(of course, there's not 100%. Please be careful about this.)
But I've also checked in quite several markets. when this volatility emerges, then also that market seems to started to building quite directional power afterwards.
I mean, after the marlin signal, market tends to have bigger volatility, and tends to go one direction.
again, it's not 100%. but probability is quite high.
But maybe depending on the type of market you need some adjustment.
Recommended values are M2-1.618, M3-2.618
Or M2-1, M3-2. default value is M2-1.618, M3-2.618
and also, if prices breakthrough the channels, or layers, It tends to break through the at once, in first bar. In other words, if price don't break through the first or second candle, it's very likely that the price won't break through channel for the time being.
2. market weakness diagnosis
Usually, without external momentum, the price converges to the average value and does not deviate from the band. And if price fails to break through the most inner first layer-"L1 - the green channel", In that case, the market is usually assumed to be weak, or has low volatility.
- you can set alarms on tuna, marlin signal. and you don't have to watch chart all the time.
3. Signals
I put two signals in this indicator.
One has the name "Tuna," and the second has the name "Marlin."
As you can already tell from the name's feeling, tuna is a weaker signal and marlin is a stronger signal.
Actual example of a signal
1. Tuna signal
- When the tuna signal appears, you can guess that the current market is generally not weak. or has quite good directional force. or medium volatility.
Below is important.
- If a tuna signal appears, there is a possibility that a marlin will appear later.
- In my opinion, it might be wise not to have a position without a tuna signal.
- Almost all of the marlin signal appeared shortly after the tuna signal appeared.
2. Marlin signal
- When marlin signal appears, with a high probability, volatility can increase large.
- In the backtesting of the stock, in some cases, the market moved quite frequently in the direction of the marlin signal.
- The emergence of marlin can be seen as a pretty strong indication of the emergences of direction.
Recession And Bull Run WarningThis script uses 2 moving averages of Unemployment and projects a possible recession period or bull run period.
A Red Dot means a recession could've started or is coming soon - markets could possibly fall for the next few months.
A Green Dot means a bull run could begin following a recessionary period - markets could possibly rally for the next few months.
Using Unemployment to define recessionary periods has been highly accurate and has very often predicted many downturns and bull runs way before they occurred, as history suggests of course.
Have fun with this indicator!
TCI (TimeZonesIndicator)Problem & Trading Relevance
When people and especially investors and traders wake up, they will very likely check the crypto markets if they are invested. Thus higher volatility can be expected during this time. Also during the opening hours of the stock exchanges higher volatility can be expected.
For people who are checking their crypto portfolio on a daily base and be following the charts, this indicator highlights maybe the most important times of the day.
Implementation
Wake up times are considered as 0700-0900. Stock Exchange hours are considered to be 0900-1000. The daylight saving times are automaticly considered.
Personal comment
Thanks to the community for supporting with so many free to use indicators :D I hope some of you will find it also really helpfull and thus very easy to use and understand.
Greets Julian
Time Zones Vertical Lines LoneMelone Open/ClosesYou have Sydney , Tokyo , London and NY close and open
Highlight candles by time by VincentThis is an indicator made to highlights a precise time of the day, on my screenshot this is the spread hours so the volume is very low and I won't work with this zone.
The script has been modify from the script made by u-20bf "highlight candles by time"
[FriZz]Watermark -- Watermark by FriZz | FrizLabz --
Lets you Customize a watermark how ever you would like
There are 4 Textboxes in the settings window 2 for your inputs
There's 1 with instructions/examples and 1 with Special Characters (there are tons more online)
-- The options you can type into Textbox 1 and 2 --
- Volume
- Open
- Close
- High
- Low
- Ticker [ Chart ticker ]
- Ticker2 [ Optional 2nd ticker that can be set in the settings will also display close ]
- TF
- Day
- Date
- Time
- Session
- SessionTime
-- Important --
These options need to be spelled and Case matched correctly or it will simply just display the word
You can add anything around a word or between two words you would like
If you want a new line simply press [ ENTER/RETURN ] and continue
-- Tooltip --
Tooltip appears when you mouse over the watermark
There are options to change the session times if you need too
The Sessions will be listed on the tooltip with Session times
I think that pretty much covers most of it if you have any questions or suggestions on this or anything else I've made
or if I missed a bug.. feel free to comment or DM me
Enjoy! - FriZz
Orion:Supertrend HybridSupertrend Hybrid
This indicator is a combination of the Supertrend and Donchian Channels.
The original Supertrend indicator shades the area from the mean (hl2) of the bar/candle to the Supertrend line.
This Hybrid uses the mid section of the Donchian channel to the Supertrend line as the area to be shaded.
This provides a visual of when prices are getting close to potentially reversing the trend.
Values:
Length = Length of the Donchian Channels (Default: 12)
ATR Length = Lookback length of the ATR calculation (Default: 10)
Factor = Multiply the ATR by this value to get a trend reversal value (Default: 3.0)
Prices cross above the red line indicating a bullish trend is in play
Prices cross below the green line indicating a bearish trend is in play
Yellow line represents the mid-section of the Donchian Channel.
Suggested usage:
Add a Stochastic and set the Stochastic %K Length to the same value as the Donchian Length.
When below trend (red line dominate) and prices cross into the shaded area, if stochastic crosses above 70, prices may challenge/cross the red trend line.
When above trend (green line dominate) and prices cross into the shaded area, if stochastic crosses below 30, prices may challenge/cross the green trend line.
IF in an up trend (green line dominate) and stochastic crosses/remains above 70, potential higher price movement exists.
IF in an down trend (red line dominate) and stochastic crosses/remains below 30, potential lower price movement exists.
[fpemehd] SSL Baseline StrategyHello Guys! Nice to meet you all!
This is my third script!
This Logic is trend following logic, This detects long & short trends based on SSL Hybrid Baseline.
This fits to the longer time frame like 4hr and 1d.
### Long Condition
1. close > SSL Hybrid baseline upper k
- Baseline is the ma of close price. (You can choose ma type and length)
- Upper k is the upper Keltner Channel.
### Short Condition
1. close < SSL Hybrid baseline lower k
- Baseline is the ma of close price. (You can choose ma type and length)
- Lower k is the lower Keltner Channel.
### Etc
1. Added Stoploss based on highest high or lowest low with lookback.
2. Strategy Template is based on @kevinmck100 template. Thank you!
ICT Index ScheduleNew ICT student here, decided to compile the daily schedule and salient levels for London and New York index sessions into one place to aid my learning – thought others might benefit from this too :)
The script works with whatever timezone setting, however make sure to change your timezone to New York time if you want to have the proper time-price alignment (I personally find it helpful when studying).
Here's a legend of all the elements displayed at once:
London only:
New York only:
// Couldn't find a comprehensive script with all the elements included, s/o to @the1dv for their Days of Week script.
Quick and Simple - WPR+RSI+CCITake a look.
Couple of confluencial reversal signals from popular indicators (W%R, RSI & CCI). I can only say this shows how random the "stanard tools" are and how the market makers "play" these kind of tools to their advantage.
That said. It's better tha average, but not top-class, so expect to have to take signals with other confluence. DON'T take the plots or signals as buy / sell signals, they are just confluencial movements from these indicators based on how they should be "traditionally" used. Instead, use it as a guide as to what other traders may be thinking, or as a pull-back identifier.
Included 100 period ema as basic trend filter.
Not my normal type of script + been away for some time so be kind, lol :)
You might find it useful however so sharing.
More stuff to follow :)
[FrizLabz]PB OLvlsDisplay Market Open and/or Premarket Open
Labels are offset to the right of Lines
You can adjust the number of opens back to display
If you want to change the format of the label please read the tool tip
Hope you enjoy
FrizLabz
SuperTrend Momentum TableMy goal creating this indicator : Provide a way to see the Past and Current Momentum of multiple different timeframes without using multiple charts.
The Underlying Concept / What is Momentum?
The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When price closes above Supertrend Its bullish Momentum when its below Supertrend its Bearish Momentum.This indicator scans for bullish & bearish Momentum on the Timeframes selected by the user and when there is a shift in momentum on any of those time frames (price closes below or above SUPERTREND ) it notifies the trader with a color change on the Momentum Table.
Back Testing: This indicator will be key for back testing with the SuperTrend-Support-Resistance indicator
since the SuperTrend Momentum Table shows you the visual shift in momentum. Giving the Trader a Clear visual on how Each Support and Resistance Level was made .
Technical Inputs
- If you want to optimize the rate of signals to better fit your trading plan you would change the Factor input and ATR Length input. Increase factor and ATR Length to decrease the frequency of signals and decrease the Factor and ATR Length to increase the frequency of signals.
Quick TIP! : You can Sync all VFX SuperTrend Indicators together! All VFX SuperTrend indicators display unique information but its all derived from that same Momentum Formula. Keep the Factor input and ATR Length the same on other VFX SuperTrend indicators to have them operating on the same data.
Timeframe Inputs
- The indicator has 7 Time frame Displays where you can choose which Time Frames you would like to monitor.
- You can limit the amount of time frames being displayed by changing the Time Frame Amount
Display Inputs
- The trader can specify the bullish and bearish color of all 7 Timeframes
- You can toggle (on or off) the Momentum Switch if you want to highlight the exact candle where momentum switched from bullish to bearish and from bearish to bullish .
How it can be Used ? Check the momentum of other Timeframes and use that information as a variable to structure your trading plan.
- Use Momentum information to track the trend
- Plan and limit trades based on the current Momentum of multiple timeframes
- See if you have higher momentum to fuel your trades
- See breakouts on Multiple Time Frames
BTMM V2Similar to the first BTMM (R.Noodle) this version of the script is tailored towards key level traders. This includes intraday, daily, and higher TF traders.
**REMOVED** background tckr info, candle color according to day, and market sessions
**Replaced**key levels & market sessions
**NEW**initial balance analytics first Friday and every Monday
Market Sessions
UK=1ST 3HRS US=1ST 3 HRS =ASIA/DAILY INITIAL BALANCE = 1ST SESS 1ST 1HR HIGH/LOW
Since the Asian session starts the day we can also grab the initial balance for the day as well. (note that using the Asian session extend function you will not be given the Asian session end time. Extend function makes the session close run through the entire day)
INITIAL BALANCE PANEL/BOX
WEEKLY INITIAL BALANCE
PIP LINES
double zero (00) and 50 pip levels are strong levels the market respects. one can reduce risk by entering at major confluences and key levels examlpe below
FIRST FRIDAY + EVERY MONDAY
KEY LEVELS
you can have today, yesterday, last week, last month, last qtr, and last year along with the mid point of all. below are key levels for day traders
