Indicator from the paper "IDENTIFYING BEAR MARKET BOTTOMS AND NEW BULL MARKETS"
This paper was the winner of the prestigious 2002 Charles H. Dow Award. Each year the Market Technicians Association, in alliance with Dow Jones and Company, presents an award for excellence in the field of Technical Analysis. The recipient of that award in 2002 was Paul Desmond,...
Use this script to see the depths of corrections and also to see how long it has been since a correction.
I published this script because the last time the SNP has gone this long without a 5% correction was 1996 excluding bear markets of course.
NOTE: This script is a 2 in 1. In order to see correction depth only use the first 3 plot settings as...
Very simple script, which is also publicly available and found on the web by the way.
More visually appealing way of seeing what time it is. Works best around 15 minute charts. Doesn't work well on high timeframes.
Simple script for showing the high/low/midrange of a session. By default configured to do the Daily range using the "regular" session. But it's configurable. For example on this chart I am showing the Weekly range.
This script plots a higher timeframe EMA to your chart.
You can specify the timeframe and the length of the EMA in the settings.
This chart demonstrates the 5-minute 50EMA (black) combined with the 1-hour 50EMA (colored) on the 1 minute timeframe.
This shows killzone sessions for London NY, Asia sessions.
In addition to the opening hours of session, the pre-market and closing time periods are also marked with a grey color
Generally these are consided period of high activity and can experience more volatility in these periods
I also have enabled it to display the session times even on weekends. There...
This strategy is still in working.
For it I check a x amount of candles in the past if they been for example all red/green in row, and based on that I enter. For example candle 7 < candle 6 .... candle 3 < candle 2 .... candle 1 < candle current for long and viceversa for short.
After that,once the trade is initiated, I exit based on 2 possibilities :...
Addition to previous time range script, now containing daily ranges. You can select a day of the week, and have it show the high, low, mid, and open of that day.
For the time bands:
Monday = 2
Tuesday = 3
Wednesday = 4
Thursday = 5
Friday = 6
Saturday = 7
Sunday = 1
This will colour the background between 3pm and 6pm on...
Helps to see the number of days in any default timeframe chart. (Not yet tested with custom time frames!)
Please like and favorite this script if you like it!
Any donations of tradingview coins to help me buy a tradingview pro membership would also be highly appreciated! Thank you!