In the dynamic world of financial markets, traders are always on the lookout for innovative strategies to identify trends and make timely trades. The "Pivot Point SuperTrend strategy +TrendFilter" has emerged as an intriguing approach, combining two popular indicators - Pivot Points and SuperTrend, while introducing an additional trend filter for added precision....
The "Filtered Volume Profile" is a powerful tool that offers insights into market activity. It's a technical analysis tool used to understand the behavior of financial markets. It uses a fixed range volume profile to provide a histogram representing how much volume occurred at distinct price levels. Profile in action with various significant levels displayed...
The "HTF Support / Resistance" indicator highlights critical price levels across multiple timeframes helping you recognize major support/resistance areas. Whether you're a day trader needing to understand the current day's price action, or a long-term investor looking to analyze yearly trends, this indicator can be a valuable addition to your trading...
VWCE is priced in EUR, but it is calculated in USD. It is always good to know VWCE´s "real" valuation. As sometimes the price of VWCE may seem expensive, but the underlying DXY can indicate otherwise. Helpful to get an impression of the real value of VWCE for EUR-based traders and to know where the world market is standing.
Hello traders After getting five requests in a raw to convert an indicator into a backtest strategy with statistics + Metatrader MT4/MT5 bot using Pineconnector, I decided to publish this TradingView strategy plug-and-play template automatically generating the Pineconnector alerts for you. Trial A 4-day FREE TRIAL is available upon request. I'll help you with...
Intended to calculate the average value of multiple positions.
Defined by CME as “the total number of futures contracts held by market participants at the end of the trading day. It is used as an indicator to determine market sentiment and the strength behind price trends…it’s calculated by adding all the contracts from opened trades and subtracting the contracts when a trade is closed. Analysts typically use open interest to...
The Giga Kaleidoscope GKD-C Advance Trend Pressure is a confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Advance Trend Pressure The code computes the accumulated differences between various price points (open, close, high, low) over a specified range. Depending on the relationship between the closing and opening...
Quote of GlassNode ... The NVT Signal (NVTS) is a modified version of the original NVT Ratio. It uses a 90 day moving average of the daily transaction volume in the denominator instead of the raw daily transaction volume. This moving average improves the ratio to better function as a leading indicator. The Network Value to Transactions (NVT) Ratio is...
I use this Indicator to show me where Bitcoin is heading. Most pine programmers are not aware of the possibility to combine Heikin Ashi Candles with Pivot Points that easy. You can switch between Traditional, Fibonacci, Woodie, Classic, DM, and Camarilla as usual. When on a Intraday Chart it will automaticly calculate daily Pivots for Haikin Ashi candles. On the...
First I would like to give the original credit and thanks to @ceyhun for his amazing volume script. The way I decided to convert it into a strategy is divided into multiple types. First, I decided in order to smooth out the values and make it more accurate to adapt the values to multiple timeframes. After that I took the initial values from the buyers and...
ODSR is a support and resistance levels generator indicator which uses Open of the Day, Week or Month (basis time frame selection by user) to calculate support and resistance levels and plot it on chart. Background: I have been using various indicators which could generate support and resistance levels using different data points available on chart. After...
This Pine Script indicator allows you to accurately measure the angle of any given source line on a chart. The angle is calculated based on the slope of the line, providing insights into the direction and steepness of the line's movement. By utilizing mathematical calculations and trigonometric functions, the indicator helps traders and analysts assess trends and...
The QQE (Quantitative Qualitative Estimation) Weighted Oscillator improves on its original version by weighting the RSI based on the indications given by the trailing stop, requiring more effort in order for a cross with the trailing stop to occur. 🔶 USAGE The QQE Weighted Oscillator is comprised of a smoothed RSI oscillator and a trailing stop derived...
█ Overview The Machine Learning Momentum Index (MLMI) represents the next step in oscillator trading. By blending traditional momentum analysis with machine learning, MLMI delivers a potent and dynamic tool that aligns with the complexities of modern financial landscapes. Offering traders an adaptive way to understand and act on market momentum and trends,...
This indicator uses the somewhat crude method of calculating bear/bull markets using the following popular ' 20% rule ': A bear market begins when an asset trades 20% below its recent high for more than two months, a bear market ends when an asset trades 20% above its recent low for one month or more. The 1d time-frame should be used, here's why: "A bear...
Truncates or caps the height of the volume bar. Many times, there is a day where the volume eclipses the recent volume and makes the rest of the volume compressed and difficult to see. This script cuts off the volume at a user defined multiple of average daily volume and places a label above and to the left showing the true volume. My one gripe is that it...
This indicator helps you to display multiple consecutive regular divergences. - Ability to detect single, double and triple divergences (consecutive divergences) A (bearish) single divergence occurs when the price peaks higher than the previous peak, but the oscillator value (e.g. RSI) decreases. These conditions are a sign of reduced demand and there is a...