This indicator provides some base code for looping over data to identify swings in price action. Full code commentary can be found on the backtest rookies website. The indicator shall allow users to "analyse" a recent historical candle to detect whether it was a swing point. This will work by inputting a number to select which historical candle you want to...
Hi fellow traders.. Happy to share a Linear Regression & RSI Multi-Function Custom Screener with Table-Labels... The Screener scans for Linear Regression 2-SD Breakouts and RSI OB/OS levels for the coded tickers and gives Summary alerts Uses Tables (dynamica resizing) for the scanner output instead of standard labels! This Screener cum indicator collection has...
This function is similar to the stochastic rsi function. The only difference is that Money Flow Index is used instead of rsi. Oversold and overbought values were changed to 80 and 20. Because the MFI's overbought and overbought zones are 20 and 80. In MFI, I think that it can be more beneficial in liquid markets than stochastic rsi since volume is taken into...
Description: A Function that returns cluster centers for given data (X,Y) vector points. Inputs: _X: Array containing x data points.¹ _Y: Array containing y data points.¹ _number_of_clusters: number of clusters. Note: ¹: _X and _Y size must match. Outputs: _centers_x: Array containing x data points. _centers_y: Array...
Nth-Occurrence Custom barssince() Function by Cryptorhythms Description The vanilla barssince() function in pine only finds the number of bars since the most recent occurrence of the condition. This version allows you to specify an Nth occurrence back to check the bars since! Its also a nice little one liner. I really hope you enjoy it and if you're...
Script that shows the difference between two assets.
Thank you to alexgrover for putting me wide to this, after putting up with long conversations and stupid questions. Follow him and behold: www.tradingview.com What is this? This is simply the function for a Least Squares Moving Average. You can render this on the chart by using the linreg() function in Pine. Personally I like to use the slope of the LSMA to...
function to calculate Chebyshev Inequality. wich can be used to compute the probability that we will diverge from what we expect to obtain. reference: - www.omnicalculator.com - github.com - statisticstopics.wordpress.com - en.wikipedia.org
This script plots vertical lines on charts or indicators. Unfortunately pinescript is lacking a vertical line plotting function. Vertical lines are useful to mark events, such as crossover of levels, indicators signals or as a time marker. After searching the internet for a long time and trying different scripts, this script is the simplest and visually the...
Description: A function that returns a polynomial regression and deviation information for a data set. Inputs: _X: Array containing x data points. _Y: Array containing y data points. Outputs: _predictions: Array with adjusted _Y values. _max_dev: Max deviation from the mean. _min_dev: Min deviation from the mean. ...
EXPERIMENTAL: Using keltner channels with automatic multiplier finding, offsets and show_last cutoffs to generate a forecast area. video showing why its named keltner worms :p.. streamable.com
Description: A Function that returns a linear regression channel using (X,Y) vector points. Inputs: _X: Array containing x data points.¹ _Y: Array containing y data points.¹ Note: ¹: _X and _Y size must match. Outputs: _predictions: Array with adjusted _Y values at _X. _max_dev: Max deviation from the mean. _min_dev:...
Calculates weighted mean, variance, standard deviation, MSE and RMSE from time series variables or arrays. When calculating from arrays, the function expects index 0 to be the most recent sample and weight values.
Example function of a markov chain monte carlo simulation.
An utility function to parse session inputs. Extracts hours, minutes and weekdays (if defined) and returns a tuple as the result. _parseSession(sessionString) => (hourStart, minuteStart, hourEnd, minuteEnd, weekdaysArray) Examples presented on the chart.
Early/Delayed Signal Function (before the bar close or after) Usually, signals are considered to be valid at the bar close . Some traders may prefer to have a chance to enter earlier . It is of great risk , and the Strategy Tester is unable to provide consistent backtest data with regards to this. But for those who want to integrate such a choice in...
This script plots both real and HA candles regardless or which are used on the chart in TV settings. (and has the functions for you to use.) Lots of people seem to misunderstand backtesting (or scam people) based on HA candles. Backtesting with HA candles leads to impossible trades. ALWAYS backtest with real candles. That doesn't mean you might not want to look...
Some functions to handle Arithmetic Geometric Mean.