Plots the cumulative total of net new highs minus lows over the past 4 weeks and the 10 ema of the calculation. Settings allow choice of NYSE and Nasdaq. Signal shading for when the indicator is above the 10 ema, showing a rising trend of net highs-lows. Similar to the TC2000 T2123 indicator.
Displays the % of stocks above their 50 day average and the 5 and 20 ema of the indicator. Often the market will trend up when the 5ema is above the 20ema for this indicator, or down when vice versa. The 20% and 80% levels are plotted to show potentially oversold or overbought markets. Select NYSE or Nasdaq in the settings.
Introduction:
The Autocorrelation State Stability (ASS) script by AlgoAlpha offers traders an innovative method to measure and visualize the consistency of an asset's movements over time. By utilizing autocorrelation coefficients, the script provides a deeper insight into how the current price of an asset relates to its past values, enabling traders to identify...
This indicator, named "Price Deviation," is designed to compare the percentage change in the price of the current instrument (e.g., BNBUSDT.P) with a comparison instrument (e.g., BTCUSDT.P) over a specified timeframe. It provides the option to apply smoothing to the data and displays the results as lines on the chart. The blue line represents the percentage...
Dynamic Day Lines. These lines are dynamic and they detect high, low and mid of the day. Above midline, day is bullish and below mid line day is bearish. If price is at high of the day, and starts to move down, I wont be bearish until it breaks the midline and wait patiently.
This indicator is set with 3 EMA's:
- EMA9
- EMA20
- EMA50
When EMA9 is up to EMA20 and:
- the distance between them is up to 30 ticks
- both is directional ( diff between current ema and last ema is up to 15 ticks )
the range will be painted in green. And if the EMA 9 is below EMA20 and
the same rules above is true, rthe range will be painted in...
This script is designed to visually aid traders by coloring price bars on a chart based on their position relative to a specified Exponential Moving Average (EMA). It helps in identifying the prevailing trend in the market.
Exponential Moving Average (EMA): The script calculates the EMA of closing prices over a user-defined length (ema1). This EMA acts as a trend...
Correlation is a statistical measure that expresses the extent to which two variables are linearly related (meaning they change together at a constant rate). It's a common tool for describing simple relationships without making a statement about cause and effect.
This script allows the user to input a multiplier to reverse the symbol input. This enables the user...
The indicator "Yearly and 12-Week Percentage Difference with EMA" is designed to display the annual and 12-week difference in the percentage variability of asset prices, as well as their exponential moving averages (EMA) on the TradingView chart.
EMA Period (EMA Period): This is a configurable parameter that allows you to select a period for calculating the...
Description:
The given Pine-Script, titled "Real Relative Strength (RSRW)," is designed to evaluate the relative strength of the selected security compared to a benchmark security, defaulting to "SPY". It utilizes TradingView’s programming language and is structured to run on its platform.
Functionality:
Rolling Price Change Calculation:
It calculates...
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...
Kawasaki_MFI Indicator
The Kawasaki_MFI indicator is a customized technical analysis tool developed to analyze asset prices in financial markets. This script is implemented in TradingView's Pine Script language (version 5) and is based on the concept of the Accumulation/Distribution Line (ADL) which is a volume-based indicator designed to measure the cumulative...
The indicator is designed to identify consolidation periods on the chart of a trading instrument.
Key factors and parameters to consider when using this indicator:
1. Consolidation length (consol_length): This parameter allows you to set the length of the period in which consolidation will be sought. The higher the value, the longer consolidation periods...
![EURUSD: Autocorrelation State Stability [AlgoAlpha]](https://s3.tradingview.com/b/bdmWVk2y_mid.png "Autocorrelation State Stability [AlgoAlpha]")
![ASIANPAINT: EMA Trend[ALPHAX]](https://s3.tradingview.com/9/9ESDNt4A_mid.png "EMA Trend[ALPHAX]")
