Multi-Timeframe Relative Strength Index --- MTF RSI Eliminates having to change time intervals to view a different Time Interval's RSI value (up to 5 time intervals possible through the settings). The RSI values from Multiple Time Frames can be averaged together to show one single RSI. A table overlay (info box) makes it easy to quickly identify RSI values on...
ELEVATED LEVERAGE index SYSTEM (ELiS) tries to solve the problem of adjusting meaningful leverage in futures and margin trading. The biggest problem for traders is adjusting the leverage level manually. Concerning about the volatilities it's very hard to set a meaningful leverage level. ELiS includes 4 different volatility component which are: 1- nATR:...
Hello All, This script is a framework to analyze and see the results by combine selected indicators for (long, short, longexit, shortexit) conditions. I was designed this for beginners and users to facilitate to see effects of the technical indicators combinations on the chart WITH NO CODE You can improve your strategies according the results of this system by...
This script tells you the percentage of time an instrument's closing value is above and below a level of your choosing. The background color visually indicates periods where the instrument closed at or above the level (red) and below it (blue). For "stationary-ish" processes, you can get a loose feel for the mean, high, and low values. The historical information...
This is not a indicator or strategy. I thought of having a table showing running profit or loss on chart from a specific price. I tried to put the same in code and ended up with this code. This is a table showing the running profit or loss from a manually specified price and quantity. when you add the code, This table asks us to input the entry price and...
📋 Description : This script displays three customizable clocks. You can use it on chart too. Works only in real time, not for replay. 🛠 Options : Activate or not each clock Time zone Color and size in % of text and background The script can be placed on the chart and in this case it is possible to change the position of each clock Thanks to all Pinecoders who...
- Swing Dream - Script created for breakout-swing traders, in the style of QullaMaggie * , Dan Zanger, Oliver Kell, and Stockbee. The following indicators are used by most successful breakout-swing traders such as mentioned above. (As published) it contains: Painted Bars, also known as inside/outside candles. Used for candle analysis and to determine...
Provides a chart showing SMA of UK equity indexes from CBOE www.cboe.com Shows either percentage change from baseline, or absolute index values. All configurable (including selected symbols), but the defaults are: SMA 100, Show Absolute Values = true Baseline is set to CBOEEU:BUKAC Sector indexes are: UK Consumer Cyclicals = CBOEEU:BUKCONC UK Mining and...
The multi-timeframe stochastic RSI utilizes stochastic RSI signals from 11 different time-frames to indicate whether overbought/oversold signals are in agreement or not across time-frames. Ideally traders should enter and exit when conditions are in agreement as indicated by the intensity of the long (green) or short (red) bands at the top and bottom of the...
The best collection of moving averages anywhere. I know, because I searched, couldn't find the right collection, and so wrote it myself! ------------------------------------------------------------------------------- Notable features that either aren't found anywhere else...or at least in one...
Just for fun... watermark graphics! The steps are: 1. Choose an image, probably no more than 20x20 pixels 2. Use an image library to convert each pixel into a table cell, as shown in the script. I used they Python "pillow" library for step 2. This library allows you to iterate over each pixel, grab the RGB value, and generate table cells. You can use the...
Just for fun... You can make an ascii watermark! The steps are: 1. Convert an image into ascii, e.g. using an online generator. 2. Split the ascii into strings that are no more than 4096 characters (pinescript limit). 3. Stack them together as cells on a table (as shown in the script). I use code generation for step 2, by splitting the ascii file into chunks,...
Compare two cross area: k is increasing, low is lower and previous k is less than bottom level then it is bottom divergence k is decrease, high is higher and previous k is more than top level then it is top divergence With long term moving average(400), seems that Stochastic Divergence is more accurate than RSI Divergence on 1m chart.
This script is made to simplify the analysis of trends. It changes the mas based on whether you're looking at stocks or crypto. As these 2 markets currently move differently, they need a slightly different approach. Crypto trends: Can move much faster than stocks. Ideally the price should be bouncing above the williams alligators (about the 20-30...
Fisher Cycle Adaptive, Fisher Transform Things to know -Experimental, not to be used in trading Calculation -Uses a measurement where the dominant, raw Fisher Transform position is measured and then used as the length input for the next bar -This is based on raw recursive look backs, not based on any sine wave or signal processing measure of cycle dominance...
This is the combined market breadth tickers: S5TW, S5FI, S5OH, and S5TH representing the percentage of S&P 500 stocks above their 20, 50, 100, and 200 EMA respectively. The colors go from green (20) to red (200) because if 20 crosses above the 200, the market's bullish, and if the 20 crosses below the 200, the market is bearish. So if green is on top = bull...
The script combines my favorite signals then filters them with three EMAs. Via the Style tab, you can choose to either have the signals color the bar and/or plot a shape above/below. All signals can be turned off via the Inputs tab, which will remove the bar color and/or shape (if not already off in the Style tab) as well as remove the pattern from the alerts...
Simple MACD type indicator. Consider the fast average (white line) like a warning and the histogram a confirmation of the strength in the underlying trend.