This script shows the inefficiency of the markets. Comparing two (correlated) symbols, the values above 0 means the main symbol (at the top of the graph) outperforms the other. A value below 0 means the main symbol underperforms the other. The band displays different entries until the last candle. Any P/L (of the band range) is visible in the band. Example:...
TV announced that you can now pull data from Glassnode! Here you can find every metric available to compare blockchain data from different coins. How to use: - Select your Coin - Select your Metric Then you can enable another coin or the same one to compare data. As per TV's post: Coins: BTC, ETH, LTC, AAVE, ABT, AMPL, ANT, ARMOR, BADGER, BAL, BAND, BAT,...
This indicator uses the concept of slopes and normalizes the values so that they are bounded between 0 and 100. The steps required to calculate the indicator are as follows: * Calculate the slope of the price using a lookback period (by default, it is either 14 or 21). The slope is calculated by subtracting the current close price from the close price 21 (or 14)...
The only time filter that you will ever need. Easily filter for: --> Start/End Dates --> Weekdays --> 1 or 2 Daily Trade Sessions. This is open source on purpose so you can enjoy ease of use on your own codes. Simply copy the code and use the variable "inTime" to filter bars that fit your time constraints. I spent a lot more time on this than I'd like to...
█ OVERVIEW A simple market session indicator that show you what market is in session according to the timezone you configured. It will draw a table with 4 cells matching 4 market Sydney, Tokyo, London and New York. Whenever market is in session the matching text will change colour. █ WHAT MAKE THIS DIFFERENT All other indicator on the market are either bar...
This simple script show potentiel trade entry points using 3 MA, can be switch by EMA and SMA type. Adjust the MA(s) Length depending pairs and timeframe you use. Buy & Sell labels can be display by input settings. Action are take by the following rule: Long signal: MA3 > MA2 > MA1 Short signal: MA1> MA2 > MA3 Add some filters is really needed to make this...
This creates a combination style closing price change on each tick. It has two theme options, one as silver dials for Dark Theme and the other as black dials for White Theme. We get fixated to watching closing prices on charts and it gets visually daunting. This creates a combination style price change which updates on each tick, which is quite pleasing...
As the profit level increases, the amount of profit taking required to avoid risk asymptotically reaches zero. This indicator displays the % of the established position required to exit in order to ensure the trade is not a loss if the stop is hit. Values in green (at or below 100%) indicate a winning position. Values in red (above 100%) indicate a losing...
This script enables calling and/or plotting of traditional Candles sources while loaded on Heikin Ashi charts. Thanks to @PineCoders for rounding method: www.pinecoders.com Thanks to @BeeHolder for method to regex normalize syminfo.tickerid. NOTICE: While this script is meant to be utilized on Heikin Ashi charts it does NOT enable ability to backtest! NOTICE:...
##Wave Chart v1## For analyzing Neo-wave theory Plot the market's highs and lows in real-time order. Then connect the highs and lows with a diagonal line. Next, the last plot of one day (or bar) is connected with a straight line to the first plot of the next day (or bar). ##How To Use## if you want a weekly chart you drop the time frame to the daily...
HighLow Box Highlight between Earnings This is an indicator to highlight area between two earning periods and their highest and lowest points. It also alternates the highlight color in each subsequent block. Tested to work in 1D charts and 1M charts Just drop a message, if you want this further developed with more features. Note: This was requested...
A simple utility tool to examine a filter's step & impulse responses. By default you can see LSMA's responses. How to use: 1. Insert your filter to "f(input)" function inside the code; 2. Let this tool help you to make your own filters. I been seeing people dropping snaps with this stuff but NEVER, NO1 actually dropped the tool itself (4 real?). Well here is it,...
Example overload functions accept loading of _value for types float, int, or string, then positively identifies the actual argument type of that specific loaded _value.
Example function accepts loading of _value for types float, int, or string, then identifies whether the loaded _value is a string number, string, or number.
Ratio of crypto (total, Bitcoin, or Ethereum market cap) to major stable coins. A low ratio suggests a lot of people are sitting in cash (sidelined if crypto rallies). A high ratio suggests possible demand saturation.
Explaining VAR Best to use on a Monthly Timeframe with a Ticker that exists longer then 2 years (example Bitcoin ) Then open the console so you can read and follow the instructions and explanation in the script -> Perhaps technically some things could be better explained, but the main goal here is to explain 'var' in a rather simple way Hope this helps, cheers!
Explaining nz Best to use on a Monthly Timeframe with a Ticker that exists longer then 2 years (example Bitcoin) Then open the console so you can read and follow the instructions and explanation in the script -> Perhaps technically some things could be better explained, but the main goal here is to explain nz in a rather simple way Hope this helps, cheers!
Modified Mannarino Market Risk Indicator MMRI = DXY * 10Y Yield MMMRI = MMRI * (Debt/GDP) Color Indicators Green ~ Low Risk Yellow - Mod Risk Red - High Risk Purple - Extreme Risk Bubbles Formula (MMMRI_DK) DXY*(10Y + FED Rate)* (Shiller P/E Ratio) * (Warren Buffet Indicator)*(Debt/GDP) /1.61 Similar to the Shiller P/E Ratio - you need to...