The script uses the M3HP and the M3LP index and subtracts the second from the first. So you can see how many stocks in the S&P 500 make new highs or new lows on a 3 month basis and see the trend of the market.
The script uses the M1HP and the M1LP index and subtracts the second from the first. So you can see how many stocks in the S&P 500 make new highs or new lows on a 1 month basis and see the trend of the market.
This indicator shows the percentage variation of: gap close to close (day including gap) open to close (without gap) The green bars represent the days when the variation did not reach the selected range. The red bars show the days when the variation was higher than the selected range. Best timeframe : DAY
This overlays CMF of the underlying (solid histogram) and a CMF of the ticker you are comparing it too. The pink line is the correlation coefficient of both CMFs. Experiment/work in progress.
This indicator has 2 components 1. Channel/Bands - the base average is created using the average price of the lookback period with and outer bands uses a % multiplier in either direction. 2. Mean Moving Average - Created with a similar calculation to the above, using the abs mean of each candle
To facilitate the production of an open source version of the strategy TTM Wave ABC
DB KCBB%D Waves What does the indicator do? The indicator plots the percent difference between the low and high prices against a combined Kelpler Channel Bollinger Bands for the current timeframe. The low percent difference and the high percent difference each have their own waves plotted. A mirror mode default allows both waves to be visualized in a mirrored...
Overview The Annual Returns % Comparison indicator aimed to compare the historical annual percentage change of any two symbols. The indicator output shows a column-plot that was developed by two using a pine script table, so each period has pair columns showing the yearly percentage change for entered symbols. Features - Enter date range. - Fill up with any...
Hello Traders, the script below is designed to display the monthly, weekly, previous days' and current days' open, close, high and low. I designed it to assist in top down analysis by knowing the monthly and weekly opens and closes it makes it a lot easier to make trading decisions on the lower timeframes. As the user you can choose which price values you'd like...
This indicator provides values of ATR, TR and DATR values side by side which makes it easy for user to compare it for current candle and takes decision. It is not a complete system for trading but it aids in taking decision for entry and exit. for eg. ema crossover is formed for entry, we can take entry 5% of datr above pattern and keep stop loss 10% datr below...
It a Combination of 4 Moving Averages. 2 Simple Moving Averages (50 SMA & 100 SMA) 2 Fast Moving Averages (50 EMA & 100 EMA)
//Pluto star appears on a chart when price goes in the in the extreme price range territory, i.e. beyond 2 standard deviation from the mean (or mid Bollinger Band). //What makes a Pluto Star appear on a chart: //1. Check if the candle 's' high and low, both are completely outside of the Bollinger Bands (close, 20, 2) - Lets call it Pluto Star Candle //2. ...
This is the trader's dynamic index inspired by Steve Mauro's BTMM strategy. In addition to the RSI, Trendline, Baseline, Volatility Bands I have also included additional trend biases that are painted in the background to provide more confluence when the markets break out in either direction. For convenience, a position size calculator is included for all users...
This Indicator will print basically 4 lines. You have to understand the importance of the "Initial Balance" the first trading hour of Cash session is very important in trading stocks and indizes. So you will get 4 lines: Opening Initial Balance High Initial Balance Low Initial Balance Midpoint/Halfback Most indicators for Range Box, Opening Trade,...
This indicator shows where price needs to be and when in order to cause the 20-sma and 50-sma moving averages to change directions. A change in direction requires the slope of a moving average to change from negative to positive or from positive to negative. When a moving average changes direction, it can be said that it has “rolled over” or “rolled up,” with...
BACKGROUND This indicator calculates the daily and weekly +-1 standard deviation of the S&P 500 based on 2 methodologies: 1. VIX - Using the market's expectation of forward volatility, one can calculate the daily expectation by dividing the VIX by the square root of 252 (the number of trading days in a year) - also know as the "rule of 16." Similarly, dividing by...
Quick Levels allow users to quickly add multiple levels to their chart all at once through an intuitive user interface! No need to fiddle with drawing lines and then inputting their exact position afterwards, do all of it with one string of numbers! Insert multiple levels at once, simply separate your price levels by commas(,). Insert levels across tickers to save...