The On Balance Volume (OBV) indicator was developed by Joseph E. Granville and published first in his book "New key to stock market profits" in 1963. It uses volume to determine momentum of an asset. The base concept of OBV is - in simple terms - you take a running total of the volume and either add or subtract the current timeframe volume if the market goes up or...
I call this one "Wallpaper". A nice little script of code to beautify your charts. In the example chart above, I overlapped 2 Wallpapers. I hope you guys like it!! Hit the like button and enjoy 😘
FRAMA Awesome Oscillator (FAO) is an indicator that is non-limiting oscillator, providing insight into the weakness or the strength of a security. The Oscillator is used to measure market momentum and to affirm trends or to anticipate possible reversals. It does this by effectively comparing the recent market momentum, with the general momentum over a wider frame...
This indicator keeps track of how many bars since price touched any EMA last time. You can for example set 200 EMA. Tell the script to send an alert if/when 400 bars has been reached away from the EMA 200. - You can hide/show The EMA Line. - You can hide/show bar Count. - You can set X bars from EMA to get Alert. - You can change color of The Badge and EMA line...
Hey Traders, this is the $EVZ chart plotted as an indicator. The $EVZ is the Euro Volatility Index, which can be used to measure volatility in markets. The use of the $EVZ could be helpful for trend traders of FX. The concept developed by VP of no nonsense forex, we can use the value of the $EVZ to determine when we put on full risk if there is high volatility,...
Volume Average Percentage Cross Indicator - Default This version is specialized for notifications on your volume bars. If you wish to see notifications on your chart please choose "Volume Average Percentage Cross Indicator - Chart". What is the Volume Average % Cross - Chart Indicator you might ask yourself - what is it for? I will tell you! Use Case: In my...
Volume Average Percentage Cross Indicator - Chart This version is specialized for notifications on your chart. If you wish to see notifications on your volume bars please choose "Volume Average Percentage Cross Indicator - Default". What is the Volume Average % Cross - Chart Indicator you might ask yourself - what is it for? I will tell you! Use Case:...
Sᴜᴘᴘᴏʀᴛ ᴀɴᴅ Rᴇꜱɪꜱᴛᴀɴᴄᴇ , is undoubtedly one of the key concepts of technical analysis █ Sᴜᴘᴘᴏʀᴛ ᴀɴᴅ Rᴇꜱɪꜱᴛᴀɴᴄᴇ Dᴇꜰɪɴɪᴛɪᴏɴ Support and Resistance terms are used by traders to refer to price levels on charts that tend to act as barriers, preventing the price of an financial instrument from getting pushed in a certain direction. A support level is a price...
Version 1 Creates a box around a specified time range with the ability to extend the lines to a later time. Next update: - Background in box - Remove historical boxes - Extend lines in future instead of only till current price There's similar but complex indicators out there, I'll leave this code as open source and you have permission to reuse and not credit me.
This script tracks the volume of grayscale altcoin trust with the grayscale bitcoin trust in percent. It sums the litecoin, bitcoin cash, ethereum and ethereum classic volume and divides it by the bitcoin volume. Going to add the new trusts as soon as they are available.
This is a Pine Script implementation of “Capitalize AI: Volume Spike Strategy" by Bitcoin Trading Challenge (copied with permission). Original Capital AI formula : If BTC/USD 1 minute volume > BTC/USD average volume in 20-1m bar by at least 500% and if BTC/USD is below the MA (5,1m,close) of BTC/USD then buy 10,000 USD WORTH of BTC/USD ...
RSI Plus: ☑️ Show the divergences. ☑️ Shows the approximate price of an RSI level (by default it is level 55 but it can be changed for any other level). ☑️ Shows the bulls and bears zones, in green when crossing level 50 up and red when crossing down. ☑️ Circle the highest and lowest levels as possible purchases and sales. ☑️ Includes a smoothed RSI. RSI ...
Indicator from the paper "IDENTIFYING BEAR MARKET BOTTOMS AND NEW BULL MARKETS" This paper was the winner of the prestigious 2002 Charles H. Dow Award. Each year the Market Technicians Association, in alliance with Dow Jones and Company, presents an award for excellence in the field of Technical Analysis. The recipient of that award in 2002 was Paul Desmond,...
This indicator consists of 3 features: 1. Plots label to the right for current market structure 2. Plots dashed line to show where the next market structure would be 3. Draws arrows above/below historical market structure breaks This might get a little to noisy in ranging markets or lower timeframes but it does the job. Credits to @SimpleCryptoLife for the...
From searching on QUANDL I found that FINRA provides some data on Short Interest. From my understanding, it does this through two separate QUANDL codes, one for the NASDAQ Exchange and one for the NYSE Exchange. I decided to just add those 2 values together to arrive at a value for Short Interest. I haven't tested a TON of stocks, but you should be able to type a...
From the article "Extreme Point for Nasdaq Volume" by Tom McClellan: "We are seeing some wild numbers for Nasdaq share volume lately, much bigger than anything in recent years. This points to a speculative blowoff underway. For many years, analysts have looked at the ratio of Nasdaq to NYSE volume as an indicator of tops and bottoms for stock prices. This...
Performante's Ethereum Volume Indicator takes the volume from the biggest exchanges and plots the average volume.