Library "FunctionTimeFrequency" Functions to encode time in a normalized space (-0.5, 0.5) that corresponds to the position of the current time in the referrence frequency of time. The purpose of normalizing the time value in this manner is to provide a consistent and easily comparable representation of normalized time that can be used for various calculations...
This is a simple indicator that has been designed to aid intraday trading and has a few components; Key Features Session Ranges + Optimal Exit Time Asia Pip Range New York Midnight Open Line Session Ranges + Optimal Exit Time Information ℹ️ This is a visual depiction of the 3 main sessions in the markets. Asia, London & New York. The default...
**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...
English Version Enhanced Volume Indicator (EVI) The Enhanced Volume Indicator (EVI) is an advanced yet user-friendly tool designed to measure and visualize the strength of market volume using the statistical power of standard deviation. By offering a clear and dynamic representation of volume fluctuations, the EVI enables traders to effortlessly identify...
Bitcoin ultimate price model: 1. Power Law + 2. Rainbow Narrowing Bands + 3. Halving Cycle Harmonic Wave + 3. Wave bands This powerful tool is designed to help traders of all levels understand and navigate the Bitcoin market. It works exclusively with BTC on any timeframe, but looks best on weekly or daily charts. The indicator provides valuable insights into...
█ Description Asset price data was time series data, commonly consisting of trends, seasonality, and noise. Many applicable indicators help traders to determine between trend or momentum to make a better trading decision based on their preferences. In some cases, there is little to no clear market direction, and price range. It feels much more appropriate to...
The "Volume Surge Analysis " indicator is designed to detect significant volume surges in the market. By analyzing volume relative to its moving average and incorporating a comparison of the true range of price movements, this script highlights potential bullish and bearish volume spikes. Traders can utilize these signals to identify moments of heightened market...
VWAP Volatility-Based Risk Management Calculator for Intraday Trading Overview This script is an innovative tool designed to help traders manage risk effectively by calculating position sizes and stop-loss levels using the Volume Weighted Average Price (VWAP) and its standard deviation (StdDev). Unlike traditional methods that rely on time-based calculations,...
**The Option Chain Shows Strike Price Levels per Index Option** - **Bank Nifty Index:** 100-point difference or gap between two strike prices. - **Nifty 50 Index:** 50-point difference or gap between two strike prices. - **FinNifty 50 Index:** 50-point difference or gap between two strike prices. **Importance of These Levels:** - When prices trade at these...
The Sharpe Ratio Indicator is a widely-used tool designed to measure the risk-adjusted performance of an asset. The Sharpe Ratio helps investors understand how much excess return they are receiving for the extra volatility endured for holding a riskier asset. By comparing the return of an investment to the risk-free rate and accounting for the volatility of the...
FiboSequ: Fibonacci Sequence Marking Leonardo Fibonacci was an Italian mathematician who lived in the 12th century. His real name was Leonardo of Pisa, but he is commonly known as "Fibonacci." Fibonacci is famous for introducing the Hindu-Arabic numeral system to the Western world. This system is the basis of the modern decimal number system we use...
Descriptions: The MVRV Z-Score indicator is a powerful tool designed by original authors Murad Mahmudov and David Puell for BTC to help traders make informed decisions about their cryptocurrency investments. It is based on the MVRV (Market Value to Realized Value) metric, which measures the relationship between the market capitalization and the realized...
The Adaptive RSI Strategy is designed to give you an edge by adapting to changing market conditions more effectively than the traditional RSI. By adjusting dynamically to recent price movements, this strategy aims to provide more timely and accurate trade signals. How Does It Work? You can set the number of periods for the RSI calculation. The default is 14, but...
This indicator uses market data to calculate the Hurst Exponent so traders can have knowledge of the long memory of the asset. Users can control the lookback length for the H value (Hurst Exponent), lookback length for the SMA (Simple Moving Average) of the Hurst Exponent, to show either, and what to calculate the H value and SMA on. Hurst Exponent: The Hurst...
This Pine script indicator is designed to create a visual representation of the relative equal highs & lows formed and automatically removed mitigated ones. Unlike indicators designed to show exact equal high/lows this indicator allows a small, configurable degree of variance between price to identify areas where price stops. Relevance: Relative Equal highs...
Liquidity Hour by Ibramiho (Version 2) - Identify High-Potential Reversal Zones Understanding the pre-New York session hour is crucial for institutional traders. This period is often characterized by increased liquidity and price volatility as major financial players prepare for the upcoming trading day. The Liquidity Hour indicator capitalizes on this...
This indicator is designed to plot vertical lines at specified hourly intervals on a trading chart. The indicator includes default settings to draw vertical lines at every hour of the day and provides users with the flexibility to customize up to six additional vertical lines at specified times. Traders can use the vertical lines to segment the trading day,...
The "Fibonacci Warzone Boxes" is a unique trading indicator that leverages the power of Fibonacci retracement levels to identify critical support and resistance zones. Designed for both seasoned traders and novices, this tool dynamically calculates the 38.2% and 61.8% retracement levels from the highest and lowest prices within a user-defined lookback period and...