🟣 Introduction 🔵 Session Financial markets are divided into various time segments, each with its own characteristics and activity levels. These segments are called sessions, and they are active at different times of the day. The most important active sessions in financial markets are : 1. Asian Session 2. European Session 3. New York Session The timing of...
This indicator is focused on the Average Daily Range (ADR), with the goal of collecting data to show how often price reaches/closes through these levels, as well as a look at historical moves that reached ADR and at similar times of day to study how price moved for the remainder of the session. The ADR here (blue line) is calculated using the difference between a...
The "Volume Surge Analysis " indicator is designed to detect significant volume surges in the market. By analyzing volume relative to its moving average and incorporating a comparison of the true range of price movements, this script highlights potential bullish and bearish volume spikes. Traders can utilize these signals to identify moments of heightened market...
🌟 Introducing the Institutional Activity Index by AlgoAlpha 🌟 Welcome to a powerful new indicator designed to gauge institutional trading activity! This cutting-edge tool combines volume analysis with price movement to derive a unique index that shines a spotlight on potential institutional moves in the market. 🎯📈 Key Features: 🔍 Normalization Period :...
Market Slayer (i) This script is designed to provide insights into market trends and generate trading signals based on a combination of moving average crossovers and trend confirmation. It aims to assist traders in identifying potential entry and exit points in the market. Input Parameters: Trend Timeframe: Allows the user to specify the timeframe for trend...
"Auto Gann KEYLVLS" indicator can be a valuable tool for traders, especially those who employ Gann theory in their analysis. Here are some ways to effectively use this indicator: Identifying Key Price Levels: Gann lines are known for their ability to identify key support and resistance levels. Use the plotted Gann lines to identify significant price levels where...
The "Liquidity Swings " indicator is designed to help traders identify liquidity swings within the market. This tool is particularly useful for visualizing areas where liquidity is accumulating and where it is being swept, providing valuable insights for making informed trading decisions. By tracking the pivots in price and associating them with volume, the...
Normalised T3 Oscillator The Normalised T3 Oscillator is an technical indicator designed to provide traders with a refined measure of market momentum by normalizing the T3 Moving Average. This tool was developed to enhance trading decisions by smoothing price data and reducing market noise, allowing for clearer trend recognition and potential signal generation....
The "Reversal Zones with Signals" indicator is an advanced technical analysis tool designed to help traders identify potential market reversal points. By integrating Relative Strength Index (RSI), moving averages, and swing high/low detection, this indicator provides traders with clear visual cues for potential buy and sell opportunities. Key Features and...
This indicator dynamically captures the highest and lowest points visible on the chart and calculates Gann Support and Resistance Levels. The inputs are detailed below. Why create this indicator? There is no other indicator with the same functionality on TradingView. These calculations are time-consuming; the speed at which this indicator calculates any...
Kalman Hull RSI At its core, this indicator uses a Kalman filter of price, put inside of a hull moving average function (replacing the weighted moving averages) and then using that as a price source for the the RSI, very similar to the Kalman Hull Supertrend just processing price for a different indicator. This also allows it to make it more adaptive to price and...
█ OVERVIEW This indicator calculates the Sharpe and Sortino ratios using a chart symbol's periodic price returns, offering insights into the symbol's risk-adjusted performance. It features the option to calculate these ratios by comparing the periodic returns to a fixed annual rate of return or the returns from another selected symbol's context. █ ...
Overview The Performance Metrics indicator is a tool designed to help traders and investors understand and utilize key performance metrics in their strategies. This indicator is inspired by the Rolling Risk-Adjusted Performance Ratios created by @EliCobra, but it offers enhanced usability and additional features to provide a more user-friendly code for...
Hello! This script was briefly known as as Bing Chilling. I converted this to Pine Script V5 to ensure compliance with publishing requirements. This script tracks RSI and inserts an indicator when correlated movement is detected. Proximity of current tick to indicator origin tick determines freshness of the indicator. DO NOT sit on the indicator for a long...
### Description for TradingView Publication **Title:** Williams %R OB/OS Candle Coloring **Description:** This Pine Script indicator enhances the visibility of market conditions by changing the color of the candlesticks based on the Williams %R values. It helps traders quickly identify overbought and oversold conditions without the need to display the Williams...
Introduction: The script titled "ROC with Kernel Selection" utilizes Rate of Change (ROC) to analyze price momentum in financial markets. It incorporates a kernel selection mechanism to smooth ROC values, enhancing clarity in trend identification. Middle Part: The script begins by calculating ROC over a specified period using the formula: roc = (close - close )...
1. EMA Calculation : - The script calculates three Exponential Moving Averages (EMAs): EMA 1, EMA 2, and EMA 50. - The lengths of EMA 1 and EMA 2 are customizable by the user inputs `ema1Length` and `ema2Length`, respectively. - EMA 50 is fixed with a length of 50. 2. EMA Crossover Detection : - The script detects crossovers between EMA 1 and EMA 2...
What it Does The OrderFlow Absorption Indicator marks areas where the price absorbs a large volume of aggressive market trades. This indicates areas where price may bounce back due to large limit (resting) orders absorbing significant aggressor volume (market orders). Absorption can also be seen as "preventing" or "stopping" the other side from breaking through...