High of Day (HoD) & Low of Day (LoD) hourly timings: Statistics. Time of day % likelihood for high and low. //Purpose: To collect stats on the hourly occurrences of HoD and LoD in an asset, to see which times of day price is more likely to form its highest and lowest prices. //How it works: Each day, HoD and LoD are calculated and placed in hourly 'buckets'...
The indicator shows probability of a moving average non reversal at certain moment of day. IMF_Predict line shows the probability of a reversal for the specified period. moving average - period/2 shifted sma of typical price ( (close+high+low)/3 ). Parameters: Number of days - previous days to calculate the probability SMA filter period - chart smoothing...
A simple indicator that displays either the aggregated market cap of the top five stablecoins, or it displays all coins at once (look in the settings). Because of limitations with the sourced data the indicator only works on the daily timeframe or higher.
The 𝓜𝓪𝓻𝓴𝓮𝓽 𝓟𝓮𝓻𝓯𝓸𝓻𝓶𝓪𝓷𝓬𝓮 𝓣𝓪𝓫𝓵𝓮 is a sophisticated market tool designed to provide valuable insights into the current market trends and the approximate current position in the Macroeconomic Regime. Furthermore the 𝓜𝓪𝓻𝓴𝓮𝓽 𝓟𝓮𝓻𝓯𝓸𝓻𝓶𝓪𝓷𝓬𝓮 𝓣𝓪𝓫𝓵𝓮 provides the Correlation Implied Trend for the Asset on the Chart. Lastly it provides information about current "RISK ON" or...
Webby's RSI (Really Simple Indicator) 2.0 or version 5.150 as Mike himself calls it, builds upon the original Webby RSI by changing the way we measure extension from the 21-day exponential moving average. Instead using the percentage of the low versus the 21-day exponential moving average, version 2 uses a multiple of the securities 50 day ATR (average true...
In Binary options, strategy testing is a bit different. The strategy result depends upon expiry intervals and payout ratio. My previous script was a try to resolve this but has some bugs in specific choices. The new version overcame those and added some new features useful for binary option strategy testing. Assumption: We are opening position at next candle...
This mimics the built in watermark feature, but adds the ability to change location as well as see an equities sector and industry group.
I strongly believe in cycles, so I wanted to create something that would give a visual representation of bull/bear markets and give a prediction based on the previous data. It's up to you how to decide what is a bull/bear cycle. There is no single rule for all assets because 20% drop in SP500 starts a bear market in traditional markets, while 35% drop for Bitcoin...
Hello everyone! I am excited to release my trend correlation heatmap, or trend heatmap for short. Per usual, I think its important to explain the theory before we get into the use of the indicator, so let's get into the theory! The theory: So what is a correlation? Correlation is the relationship one variable has to another. Correlations are the basis...
The Price Delta Heatmap is an indicator designed to visualize the price changes of an asset over time. It helps traders identify and analyze significant price movements and potential volatility. The indicator calculates the price delta, which is the difference between the current close price and the previous close price. It then categorizes the price deltas into...
Releasing this utility indicator I made for myself and thought others may find it helpful. It is a simple currency conversion indicator. I personally trade both the TSX and the NYSE and hold both CAD and USD. As such, when I take positions in either or, I like to track how the currency I hold is affecting my position. What the indicator does: So, as indicated...
To be used on BINANCE USDT PERPETUAL charts. Automatically pulls the equivalent Binance Spot pair and plots the Spread of the Close in % terms( Value of 1 means 1% difference from Perp price) -Positive value means Spot is trading x% ABOVE the PERP -Negative value means Spot is trading x% UNDER the PERP
Releasing the autocorrelation oscillator. NOTE! Please be sure to read the description. This is a theoretical indicator and its important to understand the theory behind its use. About the indicator: Before getting into the indicator and its functionality, its important to discuss the theoretical underpinnings of the indicator. The autocorrelation oscillator...
Hey everyone! I got a pseudo-request a while ago for something like this, essentially the ability to track where another ticker would fall based on an alternative ticker. I did create my ticker correlation reference indicator which directly looks at the correlation between 2 tickers. However, this is an indicator that operates on the same principle but is more...
This script calculates a Total Return index for stocks that shows the total performance of a stock, incorporating returns from both the share price and dividends. To understand this, consider the situation where you invest in a 5% div stock and hold the position for 10 years. Assume at the end of 10 years, the price has gone up by 50%. A price chart will then...
This Linear CC takes into account the log-normal distribution of stock prices and performs Pearson correlation on that data set. It also smoothens the results into an easy to read oscillator, and performs a two-tail t-test on the correlation coefficient data (with a = 0.05) to determine the significance of the coefficients. Significant results are shown in a solid...
This utility script provides a convenient way to calculate the percentage gain or drop of a token's price within a user-defined date range. It eliminates the need for manual measurement on individual charts, saving time and effort. The script is particularly valuable when integrated into a daily token scanning routine for watchlists. By comparing the significant...
What is Median Filtering ? Median filtering is a non-linear digital filtering technique, often used to remove noise from an image or signal. Such noise reduction is a typical pre-processing step to improve the results of later processing (for example, edge detection on an image). Median filtering is very widely used in digital image processing because, under...