The WSI (Walton Strength Index) is a currency strength tool designed to show you how individual currencies are performing against each other. It shows strength for 8 of the major currencies: USD, EUR, GBP, JPY, USD, CAD, AUD, NZD Each of the lines corresponds to a currency, and you can use those readings to determine which currency pairs you would like to...
Inspired by the user scarf from Tradingview. In contrast with that other indicator, this one instead of a simple moving average (SMA) for the ADX calculations, uses a running moving average (RMA) or also known as Wilder's Average. I like having a histogram for the DI lines over just having lines alone because it makes it easier to see. In addition I made it so...
Choppiness Index and RSI by ceyhun This indicator is based on the inverse relationship between CHOP and RSI. Bar color If the RSI is greater than CHOP, the Bar color will be blue. If CHOP is greater than RSI, the bar color will be red. CHOP If CHOP is less than 38.2, the color will turn blue. positive If the CHOP is between 38.2 and 61.8, the color will be...
This is part 4 of 11 in the system named Ninetales/Volt V2 you can find on Tradingview. Use it however you would use standard CCI, just add your preferred values to test against each other, and set the period you would like for it to backtest.
Same as Elders Force Index, but with an Additional EMA for buy and sell signal
Plots the CBOE Put Call Ratio and marks up locations of extremities. Useful as a factor of confluence in identifying extremities in the market.
Why this Script : Nifty 50 does not provide volume and some time it is really useful to understand the volume . This is the pine script which calculate the nifty 50 volume . Logic : Take each stock contribute to nifty 50 and find it's volume . Multiply the same with contribution percentage of the same on Nifty 50 Add up all of them and find the total volume...
Why this Script : Nifty 50 does not provide volume and some time it is really useful to understand the volume . This is the pine script which calculate the nifty 50 volume . Logic : Take each stock contribute to nifty 50 and find it's volume . Multiply the same with contribution percentage of the same on Nifty 50 Add up all of them and find the total volume...
Very simple script that index the close price with the SMA 20,50 and 200. It is very useful to plot and see if stocks are extended vs. de SMAs.
This little script simply gives you a quick visual cue of where price is compared to a particular EMA of another security or underlying index. It is based on Nick Radge's broader market filter weekend trend trader system, but can be applied to other timeframes if you want to confirm if the index is in an up trend or down trend. • Green means the underlying...
This indicator helps to see the volatility index (VIX) trendline in all stock charts without opening the VIX chart explicitly. Hope this helps many of you to be more efficient in your chart analysis - have fun!
Modification to Elder's Force Index (EFI) Ability to change calculation from standard EMA to your choice of SMA, EMA, WMA, or HMA. Very interesting results! Adjust lookback from standard/suggested 13 candlesticks Added a color indication to positive or negative force reading Added background color tint for an easier read on dashboard setups Suggested...
Calculates the difference between net of noncommercials and net of commercials. Difference = (net of noncommercials) - (net of commercials). The extreme reading in one end or another may indicate the possible change of trend. Based on Tradingview COT sample script and Babypips formula. Works on daily timeframe.
This is virtually created FX Fiat pairs index based on OANDAs data. Pairs are: EUR/USD , AUD/USD , GBP/USD , NZD/USD , AUD/JPY , EUR/JPY , GBP/JPY , USD/JPY , USD/CAD , USD/PLN Be awared that some pairs like USD/CAD , have reversed correlation to the index. You may look at the gaps as on standard S/R levels. ps. Take look inside the scirpt's settings. ps2....
#Always follow MAJOR trend, find MINOR trend as per Major trend and choose entry/exit accordingly . Suppose major trend is blue so only go long while inside minor trend is green, when it turns RED exit from long but dont short in BLUE i.e. major uptrend and vice versa for downtrend i.e. major should be pink and minor should be red for short and when it turn green...
PLEASE READ THE ENTIRE POST BEFORE PURCHASING & USING THE MyAlgo Tool. Saves you and me some time in emails and messages. :) This is the official version of MyAlgo PLEASE UNDERSTAND THAT THIS IS A DIFFERENT AND SEPARATE PRODUCT AND SCRIPT FROM "MyAlgo SLIM" FROM THE MyAlgo TRADING TOOL SERIES Description Buy & Sell Alerts can be set on all Tickers....
PLEASE READ THE ENTIRE POST BEFORE PURCHASING & USING THE MyAlgo-SLIM Tool. Saves you and me some time in emails and messages. :) This is the official version of MyAlgo-SLIM Description Buy & Sell Alerts can be set on all Tickers. This includes, but is not limited to Crypto, Commodities , FOREX, Equities and Indices. Also all candle Types are compatible. ...
This is so called TOP10 Cryptocurrency Index. Automatically calculated from ten of biggest crypto pairs to USD: BTC, ETH, XRP, BCH, BSV, LTC, EOS, XTZ, XLM, XMR. So far all pairs came from one exchange: Bitfinex. In the future I will add one or two more. It is coded as Indicator, but you can make it full screen by double-click into its background. This script is...