This script displays all Fair Value Gaps (FVG), indicating whether they are trending upwards or downwards. Additionally, it highlights a special Buy and Sell setup based on price action. For upward signals, you can enter a long position, while for downward signals, you can enter a short position.
This indicator advises intraday traders which direction NOT to take trades in, based on recent action in the daily chart. Works on any timeframe. This is not a buy/sell indicator - it is a FILTER that is meant to SUPPRESS trades you may have wanted to take. Like a Daily Bias, but with a neutral position (no bias). The indicator shows when NOT to take longs and...
Library "JordanSwindenLibrary" TODO: add library description here getDecimals() Calculates how many decimals are on the quote price of the current market Returns: The current decimal places on the market quote price getPipSize(multiplier) Calculates the pip size of the current market Parameters: multiplier (int) : The mintick point multiplier...
For a strategy using the combined IMI (Intraday Momentum Index), MFI (Money Flow Index), and Bollinger Bands on a 1-minute chart of Bank NIFTY (Bank Nifty Index), here's how you can interpret the indicators and define a sell signal strategy: Strategy Explanation: IMI (Intraday Momentum Index): IMI measures the ratio of upward price changes to downward price...
The **"Elder AutoEnvelope with Overbought/Oversold Levels with Labels"** is a technical analysis tool designed to help identify overbought and oversold levels in the market, as well as potential reversal points. It uses moving averages and price volatility to detect possible price extremes. ### Indicator Description: - **Center EMA (26)**: Acts as the main trend...
DIF/SUI DEXSCREENER chart that allows you to see the dexscreener chart to the trading view platform
//@version=5 indicator("Weekly and Previous Week Highs, Lows, and Close", overlay=true) // --- Variables to store previous and current week data --- var float prevWeekValue = na var float currentWeekValue = na // --- Detect start of a new week --- newWeek = ta.change(time('W')) // --- Reset weekly values at the start of the new week --- if (newWeek) //...
The **Commitment of Traders (COT)** report is a valuable tool for analyzing market sentiment, providing insight into the positions of futures traders at the close of the Tuesday trading session. Prepared by the Commodity Futures Trading Commission (CFTC), the report is published every Friday at 3:30 p.m. Eastern Time, and the data is freely available on the CFTC...
Library "mlivs" TODO: add library description here adx(high, low, adxlen, dilen) TODO: add function description here Parameters: high (float) low (float) adxlen (simple int) dilen (simple int) Returns: TODO: add what function returns adxMA() impulseMACD(lengthMA, lengthSignal) Parameters: lengthMA (simple int) ...
1. Introduction to Volume Ratio: In China's stock market, the volume ratio is an indicator used to measure relative trading volume. It compares the average volume per minute after the market opens to the average volume per minute over the past five trading days. 2. Application of Volume Ratio: When there is a sudden surge in volume, the volume ratio chart will...
Title: Mark Minervini Stage 2 Screener with Custom RS Description: This script is designed to identify stocks that meet the criteria for Mark Minervini's Stage 2 trend setup, incorporating custom relative strength (RS) ranking. Key Features: Moving Averages: Tracks the 50-day, 150-day, and 200-day Simple Moving Averages (SMA) to identify trend alignment. Price...
This script is a TradingView Pine Script that creates a custom indicator to analyze Commitment of Traders (COT) data. It leverages the TradingView COT library to fetch data related to futures and options markets, processes this data, and then applies the Williams %R indicator to the COT data to assist in trading decisions. Here’s a detailed explanation of its...
The 9:20 AM 5-Minute Candle refers to the candlestick that represents the price action of a financial asset between 9:20 AM and 9:25 AM on a trading day. This candle is observed on a 5-minute chart and captures all the market activity during this specific time window. Description: Timeframe: 9:20 AM to 9:25 AM (5-minute interval). Opening Price: The price at...
With this simple script you can also display the daily moving averages in the minute chart
This script helps traders analyze trends by plotting multiple types of moving averages (SMA, EMA, WMA, HMA) on the chart. You can select between these different types and adjust their lengths to identify potential trend reversals and strengths. The convergence and divergence of these moving averages can provide key insights into the market's direction. Moving...
//@version=5 strategy("MA + Volume Strategy", overlay=true) // Parameters maLength = input.int(50, title="MA Length", minval=1) volLength = input.int(20, title="Volume MA Length", minval=1) // Calculating Moving Average and Volume Average ma = ta.sma(close, maLength) volMa = ta.sma(volume, volLength) // Plot the Moving Average plot(ma, title="Moving Average",...