The "VIX-Heatmap" is a sophisticated and informative indicator designed for traders who want to integrate volatility analysis into their trading strategy, especially focusing on the market's fear gauge, the VIX (Volatility Index). This tool is not just about plotting numbers; it's about visualizing market sentiment in a more intuitive and impactful way. Key...
This script is designed to compare the price of Bitcoin on two major exchanges: Coinbase and Binance. It helps you see if there’s a difference in the price of Bitcoin between these two exchanges, which is known as a “premium” or “discount.” Here’s how it works in simple terms: Getting the Prices: The script first fetches the current price of Bitcoin from...
The Trading Desk - is a powerful tool designed to identify key market stages based on Break of Structure (BOS) patterns. This indicator tracks Bullish and Bearish Market Breaks (MBs) to determine four crucial market stages: Accumulation, Distribution, Reaccumulation, and Redistribution. Accumulation: Identified when a series of Bullish MBs dominate the...
Components of the Indicator: Moving Averages: Short-Term Moving Average (MA): This is a 50-period Simple Moving Average (SMA) applied to the closing price. It is used to track the short-term trend of the market. Long-Term Moving Average (MA): This is a 200-period SMA used to track the long-term trend. Day Trading Moving Average: A 20-period SMA is used...
The Dynamic Level Reversal Strategy is a trading approach designed to capitalize on price movements between key support and resistance levels. This strategy leverages configurable levels the trader determines, allowing for flexibility and adaptation to different market conditions. Key Features: Configurable Levels: The strategy uses three key levels: Level 1...
The Higher Time Frame (HTF) will be displayed in a box. You can choose HTF periods from: 15min, 30min, 1hour, 2hour, 3hour, 4hour, 6hour, 8hour, 12hour, 1day, 1week, 2week, 4week, 1month, 2month, 3month, 4month, 6month, and 1year. An error will occur if you set a period longer than the current candlestick period being displayed. The HTF Box can display a maximum...
Daily Open The "Daily Open" indicator by Kintsugi Trading is designed to give traders clear and immediate access to daily open prices, enhancing their ability to spot key market levels and make informed trading decisions. The indicator dynamically changes the color of the plotted line based on the current price's relationship to the opening price of the regular...
Overview The Approximate Spectral Entropy-Based Market Momentum (SEMM) indicator combines the concepts of spectral entropy and traditional momentum to provide traders with insights into both the strength and the complexity of market movements. By measuring the randomness or predictability of price changes, SEMM helps traders understand whether the market is in...
1. indicator settings BB Length: Sets the period used for the Bollinger Band calculation. The default is 20 periods. BB Multiplier: Sets the multiplier to be used in the Bollinger Band calculation. The default is 2.5 multiplier. Equilibrium volume reset: Selects whether or not the volume should be reset if it is out of equilibrium. The default setting is reset....
Overview: The Trading Channel Index (TCI) is a technical analysis tool designed to identify cyclical trends in financial markets by smoothing out price movements and reducing volatility compared to traditional oscillators, like the Commodity Channel Index (CCI). The TCI helps traders pinpoint overbought and oversold conditions, as well as gauge the strength and...
This script is a TradingView Pine Script that creates a custom indicator to analyze Commitment of Traders (COT) data. It leverages the TradingView COT library to fetch data related to futures and options markets, processes this data, and then applies the Williams %R indicator to the COT data to assist in trading decisions. Here’s a detailed explanation of its...
Balance of Power Indicator ⚖️ The Balance of Power Indicator is a visual tool that illustrates the power dynamics between buyers and sellers by analyzing recent price action. Instead of providing direct buy or sell signals, this indicator shows how the tilt of a symbolic scale reflects the relative strength of both parties. The calculation is based on the...
Script Description: Combined Bitcoin CME Gaps and Weekend Days Author: NeoButane (Bitcoin CME Gaps), JohnIsTrading (Day of Week), Contributor : MikeTheRuleTA (Combined and optimizations) This Pine Script indicator provides a combined view of Bitcoin CME gaps and customizable weekend day backgrounds on your chart. It’s designed to help traders visualize CME gaps...
Future Standard Deviation Projector This innovative indicator projects price volatility into the future, helping traders anticipate potential price ranges and breakouts. It calculates standard deviation bands based on recent price action and extends them forward, providing a unique perspective on future price movement possibilities. Key Features: - Projects...
For a strategy using the combined IMI (Intraday Momentum Index), MFI (Money Flow Index), and Bollinger Bands on a 1-minute chart of Bank NIFTY (Bank Nifty Index), here's how you can interpret the indicators and define a sell signal strategy: Strategy Explanation: IMI (Intraday Momentum Index): IMI measures the ratio of upward price changes to downward price...
This script is designed to help you compare the size of the current price candle (the difference between the highest and lowest prices in a given time period) to the average size of the last several candles. It does this by calculating the average range of a certain number of previous candles (you can set how many with the "Length" input) and then dividing the...
This script calculates the Compound Annual Growth Rate (CAGR) over a 10-year period or the maximum available historical data for any asset. The calculated growth rate is displayed as a label on the last bar of the chart. Ideal for investors and analysts, this tool helps you easily visualize and assess the long-term growth potential of your investments, providing...
This script provides a visual representation of various financial spreads along with their Simple Moving Averages (SMA) in a table format overlayed on the chart. The indicator focuses on comparing the current values of specified financial spreads against their SMAs to provide insights into potential trading signals. Key Components: SMA Length Input: ...