Expected Volatility Hello and welcome to my first indicator! I'm publishing this indicator as free to use and modify because I think it's a great place to learn and I hope I can teach you something. There are some terms which you need to understand before I begin explaining this indicator and what it does for you: Daily Settlement - The price at which a market...
Statistical Arbitrage, this is the right leg strategy signal. You should find "Statistical Arbitrage Left Leg (Symbol 1)" this strategy for the opposite leg (Left Leg), In order to full hedge the position exposure risk, and profit on the spread convergence. Statistical arbitrage is a quantitative trading strategy that seeks to exploit pricing discrepancies in...
Statistical Arbitrage, this is the left leg strategy signal. You should find "Statistical Arbitrage Right Leg (Symbol 1)" this strategy for the opposite leg (Right Leg), In order to full hedge the position exposure risk, and profit on the spread convergence. Statistical arbitrage is a quantitative trading strategy that seeks to exploit pricing discrepancies in...
This is a manual profit and loss tracker. It takes the user's manual input of total cost and quantity, and then outputs a table on the bottom right of the chart showing the profit or loss %, average purchase price, gross profit or loss, and market value. Instructions: 1. Double click the indicator title at the top left of the chart 2. Select the "Inputs"...
Monte Carlo simulations have been a popular tool in the world of finance, risk analysis, and decision making for decades. In this post, I will take you through the history of Monte Carlo simulations and explain how I implemented this powerful technique in Pine Script. This implementation can help traders and investors in various time frames to better understand...
Enter your purchase price & the quantity. It'll display a line at that value, with a label indicating the current gain/loss
Hello, everyone! Today I want to present my new script, which I hope will help not only me! I'm sure that many people, like me, went through such a stage as "building their strategy". This is when you sit and test on the history how you would enter or exit a trade. Recently I was doing the same thing and realized that my "tests" involve night time, when in...
Hello Traders ! Looking for better trading results ? "This indicator shows you how to identify price reversals in a timely manner." John F. Ehlers Introduction : The Gaussian Fisher Transform Price Reversals indicator, dubbed FTR for short, is a stat based price reversal detection indicator inspired by and based on the work of the electrical engineer now...
Library "BenfordsLaw" Methods to deal with Benford's law which states that a distribution of first and higher order digits of numerical strings has a characteristic pattern. "Benford's law is an observation about the leading digits of the numbers found in real-world data sets. Intuitively, one might expect that the leading digits of these numbers would be...
Shades your chart background to flag events such as crises or recessions, in similar fashion to what you see on FRED charts. The advantage of this indicator over others is that you can quickly input custom event dates as text in the menu to analyse their impact for your specific symbol. The script automatically labels, calculates and displays the peak to...
The "Trend Reversal Probability Calculator" is a TradingView indicator that calculates the probability of a trend reversal based on the crossover of multiple moving averages and the rate of change (ROC) of their slopes. This indicator is designed to help traders identify potential trend reversals by providing signals when the short-term moving averages start to...
This indicator is built to mesure the performance of a stock vs the index of choice. it is best use for the intraday session because it doesn't take gap into account when doing the calculation. This is how i made my math (using AAPL compared to SPY for simplicity) (change AAPL / ATR AAPL) - (change SPY / ATR SPY) * beta factor * volume factor change is calculated...
This library is for identifying uptrends and downtrends using a loopback candle analysis method. Which contains two functions: uptrendLoopbackCandleIdentification() and downtrendLoopbackCandleIdentification() . These functions check if the current candle is part of an uptrend or downtrend, respectively, based on the specified lookback period. The ...
The Endpointed SSA of Price: A Comprehensive Tool for Market Analysis and Decision-Making The financial markets present sophisticated challenges for traders and investors as they navigate the complexities of market behavior. To effectively interpret and capitalize on these complexities, it is crucial to employ powerful analytical tools that can reveal hidden...
This is the Current Market Capitalization and Historical Chart of Silver There might be discrepancies in the future on the current market capitalization of silver due to the number of silver ever mined which is always increasing. So as to update it when necessary, one of the sites you can check to get the most up to date amount is:...
Down the Rabbit Hole We Go: A Deep Dive into the Mysteries of Quinn-Fernandes Fast Fourier Transform and Hodrick-Prescott Filtering In the ever-evolving landscape of financial markets, the ability to accurately identify and exploit underlying market patterns is of paramount importance. As market participants continuously search for innovative tools to gain an...
Introduction In the world of trading, technical analysis is vital for making informed decisions about the future direction of an asset's price. One such tool is the use of indicators, mathematical calculations that can help traders predict market trends. This article delves into an innovative indicator called the Probability Envelopes Indicator, which offers...
As the financial markets become increasingly complex and data-driven, traders and analysts must leverage powerful tools to gain insights and make informed decisions. One such tool is the Goertzel Cycle Composite Wave indicator, a sophisticated technical analysis indicator that helps identify cyclical patterns in financial data. This powerful tool is capable of...