This is the United States inflation rate, based on the total Consumer Price Index published by the U.S. Bureau of Labor Statistics. Option to toggle: A line to display the inflation rate in December. It does not change until the next December. What the color change to red is indicative of: According to the Federal Open Market Committee (FOMC) regarding...
Multiple volume oscillators in one. Description: As Warren Guppet once said, be “fearful when others are buying less, and greedy when others are selling less.” Divergences are the main point of usage of all bundled indicators. OBV Oscillator, remade. The formula has been changed to smooth out the way OBV is calculated during a trending move OBV Oscillator,...
This shows short volume from NASDAQ and NYSE. If you do not understand what short volume is, I highly recommend researching FINRA documentation and reporting. The indicator looks nice in histogram and column style. The neat thing about nesting str.replace_all is that you can get the ticker without using a mutable variable.
VWAP on PPO but not PPO. Two histograms, with the second one being SMAs of the first and signals color/trend change. 1.0 - Release Framework laid out Power level readings should be within 9000
" Volume Precedes Price is the conceptual idea for the oscillator." "The main idea of the VZO was to try to change the OBV to look like an oscillator rather than an indicator, also to include time; primarily to identify which zone the volume is located in during a specific period " How to read this indicator: Positive reading -> bullish Negative reading...
Calculates Fibonacci retracements based on daily highs/lows, and further beyond that if specified. The main difference between this and other auto Fibbing tools is ease of visibility. Options: Take highs/lows from a few days back or take highs/lows from each daily candle Hide retracements before today Show labels for each retracement level Hide/Show...
Simple script that checks for gaps in price from CME. tickerid(x, y, sess) doesn't seem to be applying correctly for the ticker specified at the moment so there are a couple of 'gaps' peppered on lower timeframes. Gaps are legitimate price levels to look as a support or resistance. The theory is that volume needs to be gap filled, but I currently believe it's an...
PVD: MACD with volume as source. Options to configure: OBV, PVT, or MFI as source Display PVD or a faux zero-based oscillating CVD
Breakers for CME's futures contracts. Should work on CST/EST/UTC charts. CME says it uses the last 30 seconds of the session to grab a reference price, so I took the open of the last session's candle because it's easier. Out of session breakers: +/-5% Limit downs: -7%/-13%/-20% There are some minor nuances for the later part of the NY session but I don't...
Utilizes Pine Script's built-in function to display trading data without stock splits or dividends adjustments affecting its price. The three main options are 'none', 'splits', and 'dividends'. 'none' displays the data and stock splits nor dividends affect price. 'splits' accounts for splits without dividends affecting price. 'dividends' accounts for...
These are levels based on volume. The idea is that candles of high volume a higher amount of traders with active long/short positions to either close out, protect, or add to. A stack of red candles means that area is a point of interest, similar to a VPVR POC.
Detects gaps in trading for CME's "Ether" cash-settled futures. This will show gaps as they happen on the 24/7 charts that crypto exchanges use. It is not usable on CME's tickers themselves, as gaps in trading are not displayed. This indicator will only display if viewing an ETH chart. More information on the CME ETH futures here: www.cmegroup.com Based...
Difference vs. TD Sequential: faster trade exits and a unique entry. Made for low timeframes. Highs or lows are compared instead of close. Count maxes out at 7 instead of 9. Version 1.0 does it like this: S/R on 7 count Entry on 7 count Exit on 5 count or S/R cross Not based off official Tom DeMarke documentation for Aggressive. As such, I have named the...
Total cryptocurrency market capitalization without tether, with alerts for chosen value thresholds. The rationale is that tether is a printed supply stablecoin with a fixed value; there is no need to include its value in a combined market cap. It's debatable if that's true, but that doesn't explain what this indicator is. The second part of this indicator is...
█ OVERVIEW Display candlesticks for the selected session, regular or extended. █ CONFIGURATION Options to change include displaying the regular or extended session, timezone, session hours, and session days. █ CONCEPTS Meant for charts with longer trading sessions or to view only extended hours trading action on US stocks that have afterhours...
Idea is that the average of price has something to do with sudden changes in trend. Finding trend shifts in mundane.
Release Notes: - Trend trading tool - When the monthly range line or cloud is blue, the trend is up, vice-versa for orange/red. - Length auto-adjusts for every timeframe. This indicator does not work on weekly and above timeframes. - Monthly line color change doesn't work on some things like forex because the price is too low The origin of this concept is not...
This plots the selected resolution's percent change from open to close. Easy way to check the previous period's range with less noise. Note the latest period is calculating on a bar that hasn't closed so it won't update unless you refresh/change timeframes to prevent incorrect reporting.