How This Indicator Script Works: 1. This indicator script calculate the monthly SIP returns of any market over any user defined period. 2. SIP stands for Systematic Investment Plan. It is a way to invest in any asset by regularly investing a fixed amount of money at regular intervals for example Monthly, Weekly, Quarterly etc. 3. This indicator Calculate the...
Some traders swear by the 200-period moving average. Others, by the 100-period. Others, the 14-period. It depends on your asset, your timeframe, the trend… The fact of the matter is that no moving average will ever be a consistent indicator for a serious trader - a fixed-length moving average will always need confirmation indicators and tests. When your...
Overview: MFI Heat Maps are a visually appealing way to display the values of 29 different MFIs at the same time while being able to make sense of it. Each plot within the Indicator represents a different MFI value. The higher you get up, the longer the length that was used for this MFI. This Indicator also features the use of Machine Learning to help balance...
The Momentum Memory Indicator (MMI) is a custom tool designed to predict future price movements based on the historical momentum of an asset. By calculating the Rate of Change (ROC) and then averaging it over a specified "memory" period, the MMI provides a prediction that reflects both recent and slightly older momentum data. The prediction is visualized as a...
Overview: Triangles have always been known to be the strongest shape. Well, why wouldn’t that likewise apply to trading? This Indicator will create Upwards and Downwards Triangles which in turn create Support and Resistance locations. For example, we find 2 highs that meet the criteria (within deviation %, Minimum Distance and Lookback Distance). We calculate...
Overview: Support and Resistance is normally based upon Pivot Points and Highest Highs and Lowest Lows. Many times coders even incorporate Volume, RSI and other factors into the equation. However there may be a downside to doing a pure technical approach based on historical levels. We live in a time where Machine Learning is becoming more and more used; thus we...
Hello! Quick script showcasing the new polyline function for Pine Script! Features Up to 100 high/low pivot points auto anchored VWAP Visible range auto anchored VWAP Curved ZigZag (Adjustable!) With the new polyline function, auto-anchored VWAP at specific price points is more viable. When using line.new() only 500 lines can exist on the chart...
How This Script Works: 1. This script calculate the probability of price reaching a user-defined price level within one candle with the help Normal Distribution Probability Table. 2. Normal Distribution Probability Table is use for calculating probability of events, it's very powerful for calculation of probability and this script is fully based on that...
Hey everyone, Releasing the Quadratic/Linear Time Series regression indicator. About the indicator: Most of you will be familiar with the conventional linear regression trend boxes (see below): This is an awesome feature in Tradingview and there are quite a few indicators that follow this same principle. However, because of the exponential and cyclical...
Inspired by @jeffsuntrading and @Fred6724 's ATR% multiple from 50-MA . There are no catch-all values, however a high of 6 and a low of -4 generally has been valuable to me. I tend to look at the historical highs and lows of the indicator, and adjust the Value High and Value Low accordingly to get an idea when profit-taking may be sensible. The essence is...
**50 Point Stop & Take Profit** This custom TradingView indicator is designed for instruments like US30 or any asset following a point system. It assists traders in setting precise stop-loss and take-profit levels based on different risk-reward ratios. It calculates and plots horizontal lines at various price levels above and below your specified entry price,...
Overview: AI Momentum is a kernel function based momentum Indicator. It uses Rational Quadratics to help smooth out the Moving Averages, this may give them a more accurate result. This Indicator has 2 main uses, first it displays ‘Zones’ that help you visualize the potential movement areas and when the price is out of bounds (Overvalued or Undervalued). Secondly...
This indicator is inspired by the book “The Definitive Guide to Forecasting Using W.D. Gann’s Square of Nine”. It’s designed to identify overextended price levels in the market. The indicator uses the concept of Gann’s Square of 9, which is a method for forecasting price movements by observing geometric relationships between price and time. It calculates the...
This drawing tool aims to draw auto Fibonacci Retracement Levels on desired indicators. Users can define the target indicator to draw Auto Fibo Lines, from the "settings tab": There are six commonly used indicators below the charts that can be selected to draw Fibonacci Retracement lines on: RSI : Relative Strength Index CCI : Commodity Channel Index MFI : Money...
Hello! This script “Monte Carlo Simulation - Your Strategy” uses Monte Carlo simulations for your inputted strategy returns or the asset on your chart! Features Monte Carlo Simulation: Performs Monte Carlo simulation to generate multiple future paths. Asset Price or Strategy: Can simulate either future asset prices based on historical log returns or a...
The Weighted Momentum Forecast (EWMF) is a predictive indicator designed to forecast the potential direction and magnitude of the next candle's close. It combines the principles of momentum, trend confirmation, and volatility adjustment to make its predictions. **Components:** 1. **Rate of Change (ROC)**: Measures the momentum of the market. 2. **Average True...
This script calculates the average price moves (using each bar's close minus the previous bar's close) for the trading days, weeks or months (depending on the timeframe it is applied to) of a number of past calendar years (up to 30) to construct a seasonal trend which is then drawn as a seasonal chart (overlay) onto the price chart. Supported are the 1D,1W,1M...
This indicator shows Fed Funds Rate vs US inflation. It also shows the US 10 year bond yield and provides a color indication that aims to indicate if this is a period where owning TLT is a good idea or not. It is not investment advice and it is only aiming to indicate whether the trend is supportive or not for long dated US bonds in comparison with short dated...