This Pine Script code defines an indicator named "Display Quadruple Witching" that highlights the chart background in green on specific days known as "Quadruple Witching." Quadruple Witching refers to the third Friday of March, June, September, and December when four types of financial contracts—stock index futures, stock index options, stock options, and single...
Overview The RSI Overlay Table script provides traders with a powerful tool to monitor the Relative Strength Index (RSI) across multiple tickers in real-time. This script enables users to keep track of up to 30 different assets simultaneously, displaying their RSI values in an easy-to-read table format directly on the chart. It helps traders identify overbought...
Summary of the Magic Touch Line Detector Script: Purpose: The Magic Touch Line Detector script is designed to identify significant price points in the market by analyzing candlestick wicks and bodies. It plots lines based on the detected wicks, classifying them as either ascending or descending. The script tracks how frequently price touches these lines and...
Previous Highs and Lows with Fibonacci This Pine Script indicator, "Previous Highs and Lows with Fibonacci," is designed to overlay on a trading chart and visually represent key Fibonacci levels based on historical highs and lows. It features: Lookback Periods: The script allows you to define two lookback periods for calculating highs and lows: a short lookback...
**Release Notes** **Strategy Name**: PVT Crossover Strategy **Purpose**: This strategy aims to capture entry and exit points in the market using the Price-Volume Trend (PVT) and its Exponential Moving Average (EMA). It specifically uses the crossover of PVT with its EMA as signals to identify changes in market trends. **Uniqueness and Usefulness** ...
Charan_Trading_Indicator Overview: The Charan_Trading_Indicator combines several technical analysis tools, including Bollinger Bands, RSI (Relative Strength Index), VWAP (Volume-Weighted Average Price), and ATR (Average True Range), to provide buy and sell signals. The script incorporates multiple strategies, such as crack snap setups, overbought/oversold levels,...
This Pine Script strategy is designed to assist in the statistical analysis of breakout systems on a monthly, weekly, or daily timeframe. It allows the user to select whether to open a long or short position when the price breaks above or below the respective high or low for the chosen timeframe. The user can also define the holding period for each position in...
Overview: The DRIP Yearly Performance indicator is designed for long-term investors using Dividend Reinvestment Plans (DRIP). This script calculates both the total and average yearly performance of an asset, factoring in the reinvestment of dividends over time. It provides key insights into portfolio growth by tracking the number of accumulated units from...
Distance From Moving Average is designed to help traders visualize the deviation of the current price from a specified moving average. Users can select from four different types of moving averages: Simple Moving Average (SMA), Exponential Moving Average (EMA), Weighted Moving Average (WMA), and Hull Moving Average (HMA). Key Features: User-Friendly Input...
This Pine Script indicator combines the AHR999 metric with Bitcoin's historical price trends to provide clear buy and sell signals, assisting you in making informed trading decisions at crucial moments. It calculates the AHR999 index based on Bitcoin's 200-day Geometric Moving Average (GMA) and the estimated price, offering customizable buy and sell thresholds for...
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My Pine Script indicator, "PnF Fibonacci Levels with Alerts," overlays on a trading chart to generate alerts based on Fibonacci levels in Point and Figure (PnF) charts. Key Features: Inputs and Initialization: It uses a customizable Fibonacci level (set at 0.236) and initializes variables for tracking the high and low of O and X columns. O Column Logic: ...
When the MACD Absolute Histogram is above a threshold (set by nth lowest absolute histogram value in the rolling window) the indicator produces the MACD Histogram level, otherwise it produces 0. This Indicator is good for identifying bullish or bearish momentum.
It is an RSI crossover for buying and selling singles. Enjoy it.
█ OVERVIEW The script allows to display up to 24 moving averages ("MA"'s) across 5 timeframes plus two bands (Bollinger Bands or Supertrend or Parabolic SAR or VWAP bands) each from its own timeframe. The main difference of this script from many similar ones is the flexibility of its settings: - Bulk enable/disable and/or change properties of several MAs at...
This Pine Script indicator is designed to plot institutional levels, which are key price levels that traders often monitor. These levels include whole numbers (like 12000, 12500), half levels (like 12250), and quarter levels (like 12375). The script allows full customization of colors, line styles, and line widths for each type of level (whole, half, and...
This indicator is designed to assist traders who rely on both line charts and candlestick patterns in their technical analysis. By plotting the closing price from previous bars and shifting it left by a customizable amount, this indicator overlays a line chart directly onto a candlestick chart, giving traders a clearer view of trends and key levels. Key...
Black-Scholes Option Pricing Model Strategy The strategy is based on the Black-Scholes option pricing model and allows the calculation of option prices, various option metrics (the Greeks), and the creation of synthetic positions through delta hedging. ATTENTION! Trading derivative financial instruments involves high risks. The author of the strategy is not...