This Pine Script, designed for TradingView, serves as a candle counter exclusively for a 5-minute chart. It operates within the specific market hours of 9:30 AM to 4:00 PM. Key features of the script include: Market Hours Specification: The script is configured to track candles only during the trading hours from 9:30 AM to 4:00 PM. Daily Reset: Each...
Hello there! I am excited to share with you my new trading concept implemented in the "VaR Market Sentiment" indicator. But before that, let me explain what VaR is. VaR, or Value at Risk, is an indicator that helps you identify the worst-case scenario of a market movement based on a percentile/confidence level. This means that it calculates the worst moves,...
INTRO This indicator is a price action based tool used to visualize trends using Exponential Moving Averages (EMAs). CONCEPTS It's created with two EMAs with different lengths (9 and 15) based on user-defined parameters. The script calculates the EMAs for the given lengths using the closing prices of the asset. The EMAs are plotted on the chart, and their...
Aggregate BTC Volume indicator show aggregates trading volumes of Bitcoin from multiple trading platforms. Exchange Include: 1: Binance - BTC(USDT, USDC, FDUSD, TUSD) 2: Coinbase - BTC(USD, EUR, USDT, GBP) 3: OKX - BTC(USDT, USDC) 4: BYBIT - BTC(USDT, USDC) 5: KUCOIN - BTC(USDT, USDC) 6: KRAKEN - BTC(USD, EUR, USDT, GBP, USDC) 7: Bitfinex -...
Here I provide you with my new RSI indicator. This RSI has some advantages over the normal Tadingview RSI. The RSI is usually calculated exclusively on a Candel Close basis. My RSI is calculated on a Candel Close, Open, High, Low basis, which makes it look a little smoother. Furthermore, there are not only 3 support and resistance lines but a total of 7 where the...
Overview: The "Midnight Candle Color Strategy with 1-Hour Delay and SL/TP" is a unique trading strategy designed for the Forex market. This strategy capitalizes on the color of the midnight candle based on New York time, making trade decisions one hour later, at 1:00 AM. Key Features: Time Zone Adjustment: Automatically adjusts to New York time (UTC-5 or UTC-4...
Description: The "Trend Flow Profile" indicator is a powerful tool designed to analyze and interpret the underlying trends and reversals in a financial market. It combines the concepts of Order Flow and Rate of Change (ROC) to provide valuable insights into market dynamics, momentum, and potential trade opportunities. By integrating these two components, the...
Candlestick Patterns plots most commonly used chart patterns to help and understand the market structure. Bullish Reversal Patterns: Hammer: Appearance: Small body near the high, long lower shadow. Interpretation: Indicates potential bullish reversal after a downtrend. Inverted Hammer: Appearance: Small body near the low, long upper...
This Pine Script indicator is designed to enhance price action analysis by identifying specific candle patterns that signal potential buying and selling levels. The analysis is based on the characteristics of the current candle and its two immediate predecessors. For identifying buying levels, the script examines the wicks of the candles, highlighting areas where...
Overview: The Dual Moving Average with Dots is a powerful technical analysis tool designed to assist traders in identifying potential trend reversals and confirming trend strength. This indicator combines the simplicity of dual moving averages with visual markers in the form of dots above candles, providing clear signals for both trend following and reversal...
Historically, Hashrate and Bitcoin prices have a strong correlation. When hashrate increases more than Bitcoin price, it indicates a rise in Bitcoin price soon. This indicator uses the formula: Price/hashrate delta ratio = period price delta / period hashrate delta Whenever the ratio between the price and hashrate of Bitcoin is positive, it indicates that the...
Quite recently I came upon a concept of Trailing Take Profit and I couldn't find a PineScript which implements it for the fastest possible execution, so here it is :) Everybody knows Trailing StopLoss - an invisible mechanism follows the price and exits the trade once the price retreats too much from its recent most extended favourable value. Trailing TakeProfit...
This shows the percent change from a year ago (YOY%) in Central Bank Liquidity It's important to the study rate of change data in this liquidity metric and compare it to the nominal chart. When this chart is accelerating, liquidity is being added, meaning it's a good time to be in assets. When this chart is declining, liquidity is being removed, meaning it's a...
Indicator Name: Value of my asset This indicator displays the total value of the asset you hold on a chart. It is particularly useful for tracking the value of your position in real time directly on the chart. How to use it: Quantity of the asset in possession: Enter the quantity of the asset you currently hold. By default, this value is 0. Text color: Choose...
💎 GENERAL OVERVIEW Introducing a brand new Fair Value Gaps (FVG) indicator, now with Volumetric Zones! You can now see the total volume of FVG zones, as well as their bullish & bearish volume ratio. Features of the Volumetric FVG Indicator : Render Bullish / Bearish FVG Zones See Total Volume Of The FVG Zones See The Ratio Of Bullish / Bearish Bar Volume...
Script Description This pine script is based on a YouTube video titled: Warren Buffett: How to Calculate the Intrinsic Value of a Stock. Warren Buffett is a famous value investor who follows the principles of his mentor Benjamin Graham. He looks for companies that have strong competitive advantages, consistent earnings, and low debt. He also considers the...
What kind of traders/investors are we? We are trend followers, always on the lookout for the next big move in the market. Our scripts are meticulously crafted for higher timeframes (daily, weekly, monthly) aiming to capture the large market trends. What does this script do? The Pb wTF50 script simplifies the complex world of investing by colour-coding bars...
Calculates the % Return from the first trading candle of any given year, and shows the % Return at that year end.