SPY SPX ES Price Converter+ [Pt]

2023年4月29日

This is a + version of my original SPY SPX ES Price Converter indicator
https://www.tradingview.com/script/rWSx5jIz-SPY-SPX-ES-Price-Converter-Pt/

Description
The SPY SPX ES Price Converter is a powerful and easy-to-use tool that allows traders to view corresponding price levels for linked instruments in real-time. This includes SPY, SPX, ES, and SPX500USD. Although these instruments often move in sync, differences in price movements, volume, and trading hours can create unique key levels and support/resistance areas for each. By mapping these levels on the same chart, traders can more easily spot trading opportunities and improve their chances of success.

Customizable features
- multiplier from the closest whole number price level
- line color
- line style
- label position / size
- # of levels to display
- toggle current price display table

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This script includes the following premium unique features.

SPY / SPX Gaps detector
A gap is an area on a chart where the price between two bars changes significantly without any trades happening between them. Such gaps often occur when a strong shift in sentiment happens during the hours when markets are usually closed. This indicator highlights these gaps on the chart and extends them further until they have been covered (i.e., when a newer bar has crossed that gap).

Overnight gaps from SPY or SPX can be mapped directly onto ES chart
https://www.tradingview.com/x/29R7oh93/

VWAPs

VWAPs of these linked instruments can be mapped onto the chart. For example, ES VWAP mapped onto SPY chart, or vise versa. This allows for clear visualization of the price action near these VWAP levels.
https://www.tradingview.com/x/Zm40cNw5/
https://www.tradingview.com/x/OaNWTzRw/

Custom Cross Instruments Price Targets

Want to trade SPY options while watching ES chart or vise versa? You can setup to 8 price targets and see the corresponding converted price level. No need to switch between charts to try to figure out which price level corresponds to which.
https://www.tradingview.com/x/IKQjpwIB/

2023年5月2日

リリースノート

fixed minor bug on PT 7

2023年5月10日

リリースノート

Updated to show gap filled area.

2023年5月10日

リリースノート

Fixed display bug from last update

https://www.tradingview.com/x/ZJRElhkh/

2023年5月24日

リリースノート

Bug fix: Runtime error caused by gaps that occur too far back in history. Such gaps will disappear completely once tested.

2023年5月24日

リリースノート

Minor bug fix.

2023年6月22日

リリースノート

█ Feature Updates

Added customizable ticker input to enable users to choose any correlated instruments.
Added option to apply SMA (simple moving average) to converted VWAP lines to smooth out 'noisy' VWAP lines cause by price fluctuation discrepancies between chart and converted instruments.
https://www.tradingview.com/x/ajoNDEmd/

2023年7月8日

リリースノート

Added custom price base option for SPY. This allow user to set a base price interval for SPY. For example with multiple of 5 and base of 5, SPY price levels on ES chart will display 435, 440, 445...etc instead of 438, 443, 448...etc

https://www.tradingview.com/x/enYYBlXG/

2023年9月8日

リリースノート

Minor update to Price Table font color to resolve white on white issue.

2023年9月30日

リリースノート

Added options to show additional converted price on custom price targets.

2023年10月3日

リリースノート

Fixed bugs.

1月11日

リリースノート

◊ Added option for conversion update frequency:

• Every tick - converted price lines are updated in real time. These converted levels might be 'jumpy' as there is always slight differences in price changes between correlated instruments.
  
• Per Candle Close - converted price lines are updated once per candle close.
  

5月9日

リリースノート

◊ Adding the following features for Custom Price Levels:

• Customizable label font size
  
• Customizable target level start offset value
  
• Option for a global label position offset value
  
• Customizable labeling text for each Custom Price Level
  

5月21日

リリースノート

◊ Bug fixed

• Conversion lines won't display / display incorrectly on Daily timeframe or above
  

5月31日

リリースノート

◊ Adding the following feature:

• Option to toggle Extended Hour Session background highlight
  

◊ Enhancement / Bug fixed:

• Removed SPY and SPX VWAP lines during closed market
  
• In some instances, gaps weren't closing properly
  

7月24日

リリースノート

◊ Bug fixed

• Inaccurate SPY and SPX price mapping on ES chart during afterhour sessions without real time SPY / SPX price data. Script will reference 'closing' price of ES chart during regular hours for conversion.