This indicator was introduced by Larry Williams in 2007 and is very similar to the well known OBV indicator. As such, it should be examined for convergence and divergence with the price trend. The interpretation can be done using the Wyckoff principles. * Price rises, POIV stays behind => no subsequent demand * Price meets resistance, POIV reaches new highs =>...
This indicator combines the power of the Keltner channel with the power of the Relative Strength Indicator (RSI). It can help understand when the market is entering a bullish or a bearish trend. Normally a Keltner channel would reference an Exponential Moving Average (EMA) of the price. In this case the Keltner Channel in the "Keltner + RSI Bitcoin Futures...
Hello, This is the first indicator I have made and would like to contribute to the community. This strategy came from trying to replicate a previous ADX Cross Indicator that I loved on MT4 which I used successfully on EUR/USD on high and low time frames. Through the process of trying to replicate it I failed, I decided to take what I had written so far and create...
This is an improved version of Fisher, which use as a source the distance from EMA , compared to the initial source which was on the close of a candle. It can be used in any market, any time frame . For conditions we have multiple conditions for the logic, in this case initially if our fisher is above 0 is a long direction ,if its belowe 0 its a short...
12/Jan/2021 09:15 AM AUTHOR: Brandon Gum -- Updated script to plot vertical lines for open and close of futures. Not sure why the 8:30 and 15:00 times had to be used over 9:30 or 16:00 Only plots for products of type futures. - Could be easily expanded to work with cryptos as well if you wanted. ======================
Highlights the extended hours/Globex session for US Equity Index Futures.
This is a simple addition to the built in Bollinger Bands script. All it does is replaces the traditional plotting of Bollinger Bands with color bars.
A simple script which allows the user to highlight the background of a certain session. At the moment there is only one session available, I will work on multiple highlights for numerous sessions at a later date.
Hello there, With this script, you can see CFTC COT Non Commercial and Commercial Positions together. This way, you can analyze net values greater than 0 and smaller, as well as very dense and very shallow positions of producers and speculators. Green - Non Commercials - Speculators Red - Commercials - Producers This script is multi time-frame and...
Hi. Hello, this script has the same logic as Noldo CFTC COT Forex indicator : It is the version for the future markets. Major future assets are the subject. Usage This script works only on SPGSCI (S&P Goldman Sachs Commodity Index). You must open SPGSCI : www.tradingview.com It only works on 1W graphics. Because COT data is announced...
Basic utility script to keep track of key dates & expiries.
A simple way to find out if the security in question is a regular, perpetual, or futures pair. This reads the data of the security's description and sees if the word perpetual or futures is mentioned. The method to check if a string has the letters we seek was first introduced by MichelT . Thank you for checking this out and I hope this helps unlocking new...
A simple script to add background colors to specific timeframes. Great for trading futures so you can separate sessions for easier viewing. Use for stocks to separate pre, open, and post market times. There are three timeframes that can be set and all colors can be modified.
This indicator shows price correlations of your current chart to various well-known indices. Values above 0 mean a positive correlation, below 0 a negative correlation (not correlated). It works well with daily candle charts and above, but you may also try it on 1h candles. The default indices: - Gold - S&p 500 - Mini Dow Jones - Dow Jones - Russel 2000 - Nasdaq...
This shows the actual premium or the deviation between chosen active bitcoin futures and the bitcoin perpetual price as a representation of the underlying bitcoin price. It's centered around zero meaning the futureprice and the perpetual contract are the same. This simple indicator can for example be used to indentify sentiment in the market. Please make sure...
Similar to my other indicators, but measures XBTUSD Contango in terms of percent. Also, built it so you could change the values that give the red and green signals. Default values are 0% or less (backwardation) indicates green. However, i found that a 0.5% setting worked will finding local bottoms for current contract of XBTH20 (March 2020). The upper value...
Trendy Bar Trend Color Inspired by trend candlestick charts on other trading platforms. Changes bar colors to stay in trend much like Heikin Ashi candles without the ATR price distortion. This is done by comparing the HL2 and/or Open-Close values of current candlestick to the prior candlestick.