Papercuts Price Distance Travelled aka Maximum Per-Share Profit Potential For: Intraday swing and scalp Traders. This is a simple idea i wanted to explore where you could visualize the data of how much a price actually moves during the day. Measuring through Daily ATR is helpful, but it only measures OHLC of the day, and way more tradeable movement happens than...
This indicator helps to find spreads between cryptocurrencies, assess their correlation, spread, z score and atr z score. The graphs are plotted as a percentage. Because of the limitation in pine tradingview for 5000 bars a period was introduced (after which a new starting point of the graph construction will be started), if you want it can be disabled The...
Simple indicator to show Rounded levels in typical Forex pairs: Big figure, Mid-figure, 80-20 Insitutional Levels, 10pip levels, 5pip levels Wrote this indicator because other ones out there seem to clutter the chart. This is simple, low-clutter and can be set by user to have arbitrary start and end points for the lines. I wanted the ability for lines to plot...
An inverted fair value gap (FVG) occurs when candles start closing below a bullish FVG or above a bearish FVG and in this case, support FVGs become resistances and vice versa. This is a smart money concept introduced by ICT. While we a number of have indicators for FVGs, we don't have any for inversion FVGs. This indicator is just for that - it shows FVGs only...
The ICT Concepts indicator regroups core concepts highlighted by trader and educator "The Inner Circle Trader" (ICT) into an all-in-one toolkit. Features include Market Structure (MSS & BOS), Order Blocks, Imbalances, Buyside/Sellside Liquidity, Displacements, ICT Killzones, and New Week/Day Opening Gaps. 🔶 SETTINGS 🔹 Mode When Present is selected,...
█ OVERVIEW This indicator is a predecessor to Regression Channel Alternative MTF , which is coded based on latest update of type, object and method. █ IMPORTANT NOTES This indicator is NOT true Multi Timeframe (MTF) but considered as Alternative MTF which calculate 100 bars for Primary MTF, can be refer from provided line helper. The timeframe scenarios...
This is experimental script for zigzag which uses type, method and array. Not recommend for actual usage, for pine script study maybe useful. In this experiment, I use type as coded below. It seems have limitation as specially when push as array. As Trading View recommendation, pushing float and int into array especially for type not guarantee to work. I agree...
I have been asked for this a lot, so here it is! It's an easy script to read, and for all you aspiring Pinescript coders out there it might serve as a little introduction on Tables , switch operator, and a bit of UI/UX! Description: This is just a watermark, which follows my personal style an aesthetic when it comes to Pinescript tools. I like to keep my...
This indicator displays New Week/Day Opening Gaps alongside Event Horizon PD Arrays which were conceptualized by a trader, ICT. 🔶 SETTINGS Show: Determines if new week opening gaps (NWOG) or new day opening gaps (NDOG) are shown. Amount: Controls the amount of most recent NWOGs/NDOGs to display on the chart. Show EHPDA: Displays Event Horizons PD arrays. ...
█ OVERVIEW This indicator counts the number of confirmed double trend scenarios on any given candlestick chart and displays the statistics in a table, which can be repositioned and resized at the user's discretion. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a close price equal to or above the price it opened. • A red...
What is a Cluster Filter? One of the approaches to determining a useful signal (trend) in stream data. Small filtering (smoothing) tests applied to market quotes demonstrate the potential for creating non-lagging digital filters (indicators) that are not redrawn on the last bars. Standard Approach This approach is based on classical time series smoothing...
█ OVERVIEW This indicator is a representation of my take on price action based wave cycle theory. The indicator counts the number of confirmed wave cycles, keeps a rolling tally of the average wave length, wave height and frequency, and displays the statistics in a table. The indicator also displays the current wave measurements as an optional feature. █ ...
OVERVIEW: This indicator aims to effectively show us the percentage change of the price within the time frame we have chosen. What is the purpose of this indicator? This indicator shows how the price changes for each bar at different time frames we have chosen. By examining the percentage change in different time periods, we can easily look at the change...
The code calculates the relative performance of Nifty and Bank Nifty and plots it on a chart. It also calculates the 14-day RSI and a moving average of the relative performance. First, the script retrieves the daily close prices for Nifty and Bank Nifty from the NSE using the request.security() function. It then calculates the daily returns for each index and the...
Trading Checklist is a customizable indicator designed for traders who want to stay disciplined and stick to their trading rules. Using this indicator, you can easily create and display your own personalized checklist of trading rules directly on your TradingView chart. The Title and the Body are two different sections, so you can set two different styles. This...
This is a simple script that allows user to define the confirmations, position them (pin them) to the top middle bottom left or right on the screen and check them off Once the user checks the confirmation it changes from red or any other default color to green (indicating it has played out). There are similar script out there but what makes this script unique is...
Shows Pivot Highs & Lows defined or 'Graded' on a fractal basis: Short-term, medium-term and long-term. Also applies 'Spikeyness' condition by default to filter-out weak/rounded pivots ES1! 4hr chart (CME) shown above, with lookback = 15; clearly identifying the major highs & lows on the basis of how they are fractally 'nested' within lesser Pivots. -- in the...
This script is more of an educational / utility piece rather than a fully-fledged indicator - It provides an easy way to customize and produce a zero-lag Moving average that can then be used in various scenarios What is DIY_ZLMA? ------------------------ The DIY ZLMA is for fans and enthusiasts of researching Moving Averages (like me) - the script enables the...