This is an indicator that shows the inflow and outflow of volume into a financial instrument. Volume is likely one of the most underrated source of data in trading unfortunately so there seems to be a lack of studies on it. The size of the candle is related to the strength of the move. The calculations for this are: cumulative sum of +volume if open < close OR...
This is an indicator that shows the inflow and outflow of volume into a financial instrument. Volume is likely one of the most underrated source of data in trading unfortunately so there seems to be a lack of studies on it. The size of the candle is related to the strength of the move. The calculations for this are: cumulative sum of +volume if open < close OR...
This is a smoothed rsi indicator. That means that the input for the rsi calculations is smoothed. This results in faster and smoother responses from the rsi! On top of that I have incorporated an advanced formula for rsi that will amplify weak signals. This means you can use longer times with accuracy. For instance if you are on the 3 minute and you want a 30...
Backtesting Mark Miniverni Template
By Donnie Lee
Overall, a good basic guideline from Mark Miniverni to choose which stock to buy. His selection are said to be stocks in stage 2 uptrend phase which could see price surge soon.
This script enable backtesting of Mark template (Investor's Business Ranking Excluded) on equity like stocks
Further fine tuning with...
Still experimental. Extending further on the divergence backtest results - in this script we try to project next 2 pivots (including one unconfirmed pivot)
🎲 Previous experiments
1. Divergence-Backtester
2. Divergence-Backtester-V2
🎲 Additions
Apart from collecting the stats on number of occurrences of HH, HL, LH, LL - this script also keeps track of...
Display three DACC plots simultaneously, to visualize both directional (up on top, down at bottom) and adirectional DACC (in the middle) simultaneously.
Delta Agnostic Correlation calculates a correlation between two symbols based only on the sign of their changes using a Sign Test (en.m.wikipedia.org), regardless of the amplitude of price change. Compared to a...
Library "racille_arrayutils"
The most used array utility functions
func_sin()
returns sin function as a parameter to calculate the function_array()
func_cos()
returns cos function as a parameter to calculate the function_array()
func_tan()
returns tan function as a parameter to calculate the function_array()
func_cot()
returns cot function...
This is a band based on Z Score. What is Z Score? In layman's terms it's a method of finding outliers within a sequence of numbers. It's highly effective to quantify pump and dumps in the crypto market.
The middle line is a simple Exponential Moving Average, you can configure this with whatever period you prefer. It comes default with a period of 247 to...
Library "StringStringHashmap"
A simple implementation of a key string-to-string value dictionary in pine script
create_ss_dict()
Create an empty string-string dictionary
Returns: the indices and elements of the dict
add_key_value(key, value, i, e)
Add new key-value pair in the dictionary
Parameters:
key : string
value : string
i :...
Use this indicator on Daily Timeframe
Please refer to the below link for CFTC Disaggregated COT
www.cftc.gov
This script is very similar to COT Financial Plot indicator except that it plots the data for Futures in Legacy buckets Commercial vs. Non-Commercial
Overview:
We hear a lot about Gartleys, bats, crabs and the rest of the barnyard crew, but have you ever wondered what other creatures might be lurking out there yet to be discovered? Well wonder no longer, it's time to find out for yourself! The Custom XABCD Validation and Backtesting Tool allows you to define retracement ratios and targets for your very own...
Visualize trading sessions opening hours of several international exchanges on a grid. Contrary to other indicators, this one automatically aligns the session with the current chart's timezone.
This is helpful for bar replay or manual backtesting, to spot patterns of correlations (this can also be used in conjunction with correlation indicators, see my other...
The Up/Down Volume Ratio is a tool utilized by investors.com. They describe it as "A 50-day ratio that is derived by dividing total volume on up days by the total volume on down days. A ratio greater than 1.0 implies positive demand for a stock."
It is best used to confirm buying or selling pressure in your stock in conjunction with price...
Not many candlestick patterns hurt traders on the other side of the trade more than this signal, when it happens, think of it as kicking in the teeth, the pain is real.
An upwards signal is painted when you have a two-bar formation, the one on the left is a bearish one whereas the successive one is bullish, when you have fat bodies in both candles, meaning the...
Depicts demand-flow between Equities, Bonds and Currencies of 6 countries. Useful in tracking the flow of smart money and checking the dynamics of inter-connected markets.
Principle:
DXY lies at the heart of the diagram with usd-currency pairs of 5 countries connected to it. When demand for a currency increases it strengthens against Dollar. This is depicted by...
Bitcoin miners are in pain and now (November 2022) selling more than they have in almost 5 years!
Introducing: Bitcoin Miner Sell Pressure.
A free, open-source indicator which tracks on-chain data to highlight when Bitcoin miners are selling more of their reserves than usual.
The indicator tracks the ratio of on-chain miner Bitcoin outflows to miner Bitcoin...
The Centered moving averages tries to resolve the problem that simple moving average are still not able to handle significant trends when forecasting.
When computing a running moving average in a centered way, placing the average in the middle time period makes sense.
If we average an even number of terms, we need to smooth the smoothed values.
Try to describe it...
![BTCUSDT: Next Pivot Projection [Trendoscope]](https://s3.tradingview.com/d/dkSaWOLA_mid.png "Next Pivot Projection [Trendoscope]")
