This is a derived version of my previous work, Auto Fibonacci Retracement Levels drawing tool:
This tool aims to draw auto Fibo Retracement Levels on desired indicators.
Users can define the target indicator to draw Auto Fibo Lines on the "settings tab":
RSI : Relative Strength Index
CCI : Commodity Channel Index
MFI : Money Flow Index
This indicator visualizes the cumulative percentage changes or returns of 30 symbols over a given period and offers a unique set of tools and data analytics for deeper insight into the performance of different assets.
Multi Asset Performance indicator (also called “Spaghetti”) makes it easy to monitor the changes in Price, Open Interest, and On Balance Volume...
This script "The Next Pivot" uses various similarity measures to compare historical price sequences to the current price sequence!
Find the most similar price sequence up to 100 bars from the current bar
Forecast price path up to 250 bars
Forecast ZigZag up to 250 bars
This script “Monte Carlo Simulation - Your Strategy” uses Monte Carlo simulations for your inputted strategy returns or the asset on your chart!
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 Volume SuperTrend AI is an advanced technical indicator used to predict trends in price movements by utilizing a combination of traditional SuperTrend calculation and AI techniques, particularly the k-nearest neighbors (KNN) algorithm.
The Volume SuperTrend AI is designed to provide traders with insights into potential market trends, using...
This is SPTS.
It stands for Statistical Package for the Trading Sciences.
Its a play on SPSS (Statistical Package for the Social Sciences) by IBM (software that, prior to Pinescript, I would use on a daily basis for trading).
Let's preface this indicator first:
This isn't so much an indicator as it is a project. A passion project really.
This has been in...
▋ INTRODUCTION :
The “All Candlestick Patterns on Backtest” indicator generates a table that offers a clear visualization of the historical return percentages for each candlestick pattern strategy over a specified time period. This table serves as an organized resource, serving as a launching point for in-depth research into candle formations. It may help to...
This is the Cumulative Distribution of a Dataset indicator that also calculates the Kurtosis and Skewness for a selected dataset and determines the normality and distribution type.
What it does, in pragmatic terms?
In the most simplest terms, it calculates the cumulative distribution function (or CDF) of user-defined dataset.
The cumulative distribution...
The Position Cost Distribution indicator (also known as the Market Position Overview, Chip Distribution, or CYQ Algorithm) provides an estimate of how shares are distributed across different price levels. Visually, it resembles the Volume Profile indicator, though they rely on distinct computational approaches.
The Position Cost Distribution...
PNR filter uses the "percentile nearest rank" method to produce signals from any source including oscillator indicators and price bars.
* Length - how many candles back in time to use for calculating PNR
* % low and high - what range of the spread of values captured will form the PNR band. Use 99&100 to create a band on the 1% highest percentile or 0&1...
This indicator "Sync Frame" displays various lower timeframe charts for the asset on your screen!
5 lower timeframe candle charts shown
Timeframes auto-calculated using the new timeframe.from_seconds() function
Heikin-Ashi candles available
Baseline chart type available
Dynamic Scaling for ease of use
User customizable timeframes
Paytience Distribution Indicator User Guide
The Paytience Distribution indicator is designed to visualize the distribution of any chosen data source. By default, it visualizes the distribution of a built-in Relative Strength Index (RSI). This guide provides details on its functionality and settings.
A distribution in...
This is the Z-Score Support and Resistance (S/R) indicator.
How it works:
The trouble with most indicators and strategies that rely on distributions is that they are constantly moving targets.
To combat this, what I have done is anchored the assessment of the normal distribution to the period open price and dropped the data from the current...
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,...
Concept behind this Strategy :
Considering a normal "buy/sell" situation, an asset would be bought in average at the median price following a Gaussian like concept. A higher or lower average trend would significate that the current perceived value is respectively higher or lower than the current median price, which mean that the buyers are evaluating the price...
K's Reversal Indicator III is based on the concept of autocorrelation of returns. The main theory is that extreme autocorrelation (trending) that coincide with a technical signals such as one from the RSI, may result in a powerful short-term signal that can be exploited.
The indicator is calculated as follows:
1. Calculate the price differential (returns) as the...
This script "Cross Correlation" calculates up to ~10,000 lag-symbol pair cross correlation values simultaneously!
Cross correlation calculation for 20 symbols simultaneously
+/- Lag Range is theoretically infinite (configurable min/max)
Practically, calculate up to 10000 lag-symbol pairs
Results can be sorted by greatest absolute difference or...
This is Part 1 of 2 from the 42MACRO Recreation Series
The CE - 42MACRO Equity Factor Table is a whole toolbox packaged in a single indicator.
It aims to provide a probabilistic insight into the market realized GRID Macro Regime, use a multiplex of important Assets and Indices to form a high probability Implied Correlation expectation and allows to derive extra...