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Regression Channel Alternative MTF V2█ OVERVIEW This indicator is a predecessor to Regression Channel Alternative MTF , which is coded based on latest update of type, object and method. █ IMPORTANT NOTES This indicator is NOT true Multi Timeframe (MTF) but considered as Alternative MTF which calculate 100 bars for Primary MTF, can be refer from provided line helper. The timeframe scenarios are defined based on Position, Swing and Intraday Trader. Suppported Timeframe : W, D, 60, 15, 5 and 1. Channel drawn based on regression calculation. Angle channel is NOT supported. █ INSPIRATIONS These timeframe scenarios are defined based on Harmonic Trading : Volume Three written by Scott M Carney. By applying channel on each timeframe, MW or ABCD patterns can be easily identified manually. This can also be applied on other chart patterns. █ CREDITS Scott M Carney, Harmonic Trading : Volume Three (Reaction vs. Reversal) █ TIMEFRAME EXPLAINED Higher / Distal : The (next) longer or larger comparative timeframe after primary pattern has been identified. Primary / Clear : Timeframe that possess the clearest pattern structure. Lower / Proximate : The (next) shorter timeframe after primary pattern has been identified. Lowest : Check primary timeframe as main reference. █ FEATURES Color is determined by trend or timeframe. Some color is depends on chart contrast color. Color is determined by trend or timeframe. █ EXAMPLE OF USAGE / EXPLAINATION
Pine Script™ Indikator
von RozaniGhani-RG
6
RSI Divergence Method█  OVERVIEW This is a divergence indicator based on Relative Strength Index (RSI). My attempt to make this indicator updated based on latest pine script features such as type, object and method. █  FEATURES 1. Color of plot and label is based on contrast color of chart background. Able to customize color from style menu. 2. Big divergence (Regular Divergence) is based on lime / red color. 3. Small divergence (Hidden Divergence) is based on contrast color of chart background. █  EXAMPLES / USAGES
Pine Script™ Indikator
von RozaniGhani-RG
11
Financials - Comparing CompaniesHello All For a while I have been working on this indicator to compare financials of the companies and sort them accordingly. Finally I completed and published it. I preferred using new object type feature in Pine language™ and I hope it might be an example and helpful for the developers. First of all, as we have limitation on security calls, the indicator can get and compare financials for 5 companies only. also Chart time frame must be 1Day or higher! ( I recommend 1Day time frame ). if not then the indicator stops and shows the error message: "Please set the time frame 1Day or higher" . More important than others: You should choose the companies from the same sector! Compare apples to apples :) The Financials in the indicator: Earnings Per Share Price to Earnings Ratio Price to Sales Ratio Price to Book Ratio Profit Margin Dept to Equity Current Ratio Market Capitalization Also more information shown for each stocks: Closing Price, sets the color accordingly 2 Simple/Exponential moving average, you can set the length, also it checks if it is rising/falling and sets the color accordingly Volume info Average volume (20 days), you can set the period Currency for each security Lets see some features in it: it sorts the companies according to the financials: If you move the mouse onto any header then it shows explanation about the financial: You can change location and text size: You can set the type of Moving averages as SMA or EMA and you can also set the length for both . Headers for both are changed automatically by MA type and length Colors for Closing price and MA cells are set automatically: For new Objects in Pine language click here P.S. You can use this indicator while analyzing the financials of the companies in same sector/industry. So please don't ask for the alerts :) Enjoy!
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Pine Script™ Indikator
von LonesomeTheBlue
33
Sort array alphabetically - educational🔶   OVERVIEW     • This educational script will sort an array of tickers alphabetically and place these values in an table , together with the according current price value next to each ticker . 🔶   SORT ALPHABETICALLY 🔹   I. We make a User Defined Type (UDT) obj , with:         ·   ticker - the string name of the ticker         ·   price - the current price (close)     • From this UDT we make an object obj.new() for each ticker 🔹   II. 2 array's are made:     •  array of objects aObj , containing obj type obj.new() for every ticker     •  array of strings sort , the ticker part of each object obj.new() 🔹   III. Now we make an object of each ticker with the createObject(sym ) function object_1 = createObject("TICKER")     • the object object_1 consists off:         ·   ticker -> "TICKER"         ·   price -> current Daily close through request.security("TICKER") (non-repainting)     •  object_1 will be added to the aObj array     •  "TICKER" ( string ticker part of object ) will be added to the sort array 🔹   IV. The latter array is sorted alphabetically by using array.sort_indices() EXAMPLE originalArray = array.from("B", "A", "C") indicesArray = // sorted indices array.get(originalArray, 1) -> "A" array.get(originalArray, 0) -> "B" array.get(originalArray, 2) -> "C" IMPORTANT Alphabetically sorting is case sensitive , just like Java compareTo(String anotherString) !     • The comparison is based on the Unicode value of each character in the string, the lowest "Dec" values are sorted first in line.     • Comparing the "Dec" values at unicodelookup explains why default CAPITAL lettres will be sorted first,     • Default you would get this (A= 65, B= 66, a= 97, b= 98) Aa Ba ab bb     • Adding str.lower(string) in the toLowerCase() function will result to the following: Aa ab Ba bb    • (A= 65 is transformed to a= 97, ...)    • As a side note, should you write "AMZN" as "ÀMZN" this would be placed at the end, even after transforming to lower case the "Dec" values are higher (À= 192, à= 224).     • You can toggle "To Lower Case" to verify. 🔹   V. Values are placed in a table , using these sorted indices.     • With the usage of UDTs and objects , the current price has the same index in the aObj as their ticker ,                   giving the advantage it is fairly easy to place every value correctly next to each other.     • The same can be done by make 2 separate arrays , 1 for the current price , the other for "TICKER" . 🔶   OTHER TECHNIQUES USED     •  Alternative technique for adding comment         Instead of // this is a comment         You can also do this: _=" this is a comment "     •  Alternate colour         ·  During a loop , alternate colour when i is even or odd , using the modulo operation (%) .         ·  This is the remainder when dividing.        EXAMPLE         ·  3 % 2 = 1 -> 3 / 2 -> 1 * 2, 1 left (remainder)         ·  4 % 2 = 0 -> 4 / 2 -> 2 * 2, 0 left (remainder)         ·  5 % 2 = 1 -> 5 / 2 -> 2 * 2, 1 left (remainder) for i = 0 to 10 even = i % 2 == 0 col = even ? thisColor : otherColor     •  Adjust colour in script by using colour picker Cheers!
Pine Script™ Indikator
von fikira
6
Multiple Divergences (UDTs - objects) - Educational█   OVERVIEW This script highlights the usage of User-defined Types (UDTs) and objects , and bullish /bearish  divergences. Pivotpoints are used to find divergences, the result of this script will be different against other public multiple divergences scripts. FOR Pine Script™ CODERS Besides the information found in CONCEPTS , the comments in the script will, hopefully ), guide you through my thought process. █   CONCEPTS The main principle of this script are bullish /bearish  divergences, this with 3 different oscillators ( RSI , CCI , MFI ) If you want to know more about divergences, have a look at some Education and Research idea's . On every bar, an object HLs is made, containing bar_index , high , low , and 2 bool variables ( isPh , isPl ). On every bar, an object Osc is made, containing bar_index , o (oscillator value), and 2 bool variables ( isPh , isPl ). If a pivothigh (ph ) is found, isPh will be true on that bar, false otherwise. If a pivotlow (pl) is found, isPl will be true on that bar, false otherwise. These objects are added to an array, with limited size. If a ph is found, the script draws a testline from that ph to every previous ph , found in the array. Then every high in between these 2 points are checked if they don't pierce the testline . If the testline isn't broken, the Reg_Div_Piv() function will give 4 values, 1 check (not pierced) variable and the 4 points of the line. The testline is deleted. Once a positive check is found, the script will perform the same, but now with the Osc objects. The script will ONLY compare Osc pivots which are maximum 1 bar away from the high/low pivot . If everything is confirmed, a line is drawn, visible on the chart. █   REMARKS A label will be visible with a number, this is the amount of divergences found with the according oscillator . EXAMPLE Div with RSI and CCI -> 2 Div with MFI alone -> 1 Div with RSI and CCI and MFI -> 3 ... Divergences should only be used when confirmed, this is after bar close . As an aid, lines that are not confirmed will be dotted , if confirmed, they will be solid . The divergence check start when a ph/pl is found, after which oscillator pivot are checked. Optionally the same can be done, when a oscillator pivot is found and then check the ph/pl , this should give more results, although it can make the script slower. █   SETTINGS Left - amount of bars at the left which needs to be lower/higher Right - amount of bars at the right which needs to be lower/higher Max values - maximum values in array of objects 3 oscillator settings with      • ON/OFF      • Length      • color bullish  divergence      • color bearish  divergence Have FUN !
Pine Script™ Indikator
von fikira
17