This Pine Script™ indicator, Bulls And Bears , aims to provide traders with potential entry points by analyzing market conditions. Here's how it works: Calculation of Maximum and Minimum Values: The script calculates the highest and lowest values based on the high, open, close, and low prices of the asset. Relative Strength Index (RSI) Condition: It evaluates...
Are you looking for a dead simple calculation of the Heikin Ashi candles as they are calculated in tradingview? Here it is! I was looking through the library and I saw that many have come up with a lot of awesome scripts using heikin ashi candles. But, I can't find anywhere that had the straightforward simple version of how Tradingview calculates them. This was a...
█ Introduction and How it is Different The Dual RSI Differential Strategy introduces a nuanced approach to market analysis and trading decisions by utilizing two Relative Strength Index (RSI) indicators calculated over different time periods. Unlike traditional strategies that employ a single RSI and may signal premature or delayed entries, this method leverages...
The Price Ratio Indicator is a versatile tool designed to analyze the relationship between the price of an asset and its moving average. It helps traders identify overbought and oversold conditions in the market, as well as potential trend reversals. ◈ User Inputs: MA Length: Specifies the length of the moving average used in the calculation. MA Type...
This version of the Noise Area Pine Script, developed with the assistance of ChatGPT, includes adjustments for opening gaps to better account for overnight price changes that affect the market open. This Pine Script is designed to provide traders with a dynamic visualization of the Noise Area based on the volatility of the last 14 trading days. It calculates the...
Description This indicator is my interpretation in Pinescript of the "Trend-Quality Indicator" by David Sepiashvili. The Trend Quality indicator (Q-indicator) is an attempt to estimate trend in relation to noise. It answers the long-standing question of whether a trend change qualifies as significant and promising, or insignificant and better ignored. In terms...
Profitability Power Ratio The Profitability Power Ratio is a financial metric designed to assess the efficiency of a company's operations by evaluating the relationship between its Enterprise Value (EV) and Return on Equity (ROE). This ratio provides insights into how effectively a company generates profits relative to its equity and overall...
Dividend-to-ROE Ratio Indicator The Dividend-to-ROE Ratio indicator offers valuable insights into a company's dividend distribution relative to its profitability, specifically comparing the Dividend Payout Ratio (proportion of earnings as dividends) to the Return on Equity (ROE), a measure of profitability from shareholder equity. Interpretation: 1. Higher...
Fourier Adjusted Average True Range 1. Conceptual Foundation and Innovation The FA-ATR leverages the principles of Fourier analysis to dissect market prices into their constituent cyclical components. By applying Fourier Transform to the price data, the FA-ATR captures the dominant cycles and trends which are often obscured in noisy market data. This...
Name: LumleyTrading Gaps Description: The Gap Tracker Indicator is a powerful tool designed for traders to identify, monitor, and capitalize on price gaps in financial markets. It serves two primary functions: Identifying Gaps: The indicator scans price action to detect instances where the current trading session's opening price significantly differs from the...
Understanding the CAPEX Ratio: An Essential Financial Metric Introduction In the world of finance, understanding how companies allocate their resources and reinvest their earnings is crucial for investors and analysts. One fundamental metric used to assess a company's investment behavior is the CAPEX Ratio. This article delves into what the CAPEX Ratio...
This indicator, "Entry Tool," was coded at request for Sandmann . It is designed to provide traders with real-time feedback for strategizing entries, exits, and liquidation levels for trades initiated at that given moment. The tool visualizes average entry prices, stop-loss levels, multiple take-profit targets, and potential liquidation prices, offering a...
Normalised T3 Oscillator The Normalised T3 Oscillator is an technical indicator designed to provide traders with a refined measure of market momentum by normalizing the T3 Moving Average. This tool was developed to enhance trading decisions by smoothing price data and reducing market noise, allowing for clearer trend recognition and potential signal generation....
This indicator puts a selection of elements together providing traders with insights into price dynamics, trend changes, and potential trading opportunities within the specified timeframe. Trading Range Defined by Support and Resistance : Support and resistance levels are calculated using the lowest low and highest high over specified periods. These levels...
Title: "EMA 200 Dynamic Projection on 4H and Daily Charts" Description: "This script is designed to provide traders with a comprehensive view of market trends by displaying the 200-period Exponential Moving Average (EMA) on both 4-hour and daily charts simultaneously. Unlike typical EMA representations, this script enhances user decision-making by projecting the...
The WaveTrend based on “Enhanced WaveTrend” of EliCobra. The WaveTrend Oscillator is a popular technical analysis tool used to identify overbought and oversold conditions in the market and generate trading signals. This indicator introduces additional features for improved analysis and comparison across assets. WaveTrend: The original WaveTrend indicator...
English User Guide Script Name: Pivot Point Calculator What Does This Script Do? This script calculates classic and Camarilla pivot points used in financial markets. Pivot points are used to identify key support and resistance levels, and this script helps traders better understand market movements. How to Use It? Add the script to your charts on...
**1. Overview** " L1 Dynamic Momentum Indicator" is a custom TradingView indicator designed to analyze price momentum and market trends. It combines the calculation methods of Stoch (RSV) and Moving Average (SMA) to provide market overbought and oversold signals. **2. Calculation Method** - **RSV Value Calculation**: The RSV value is calculated using the...