If you use volume profile for analyzing Bitcoin, you may know that sometimes the decisions of big CEXs like Binance can change the volume of each symbol and so the analysis perceived from the data (which may not be valid anymore); Like when Binance decided to transfer the free transaction fee promotion from BTCUSDT to BTCTUSD pair or the new introduced BTCFDUSD...
In this script: We continue to calculate the bullish engulfing condition for monthly candlesticks (engulfingConditionM) as before. We then create two variables (engulfingConditionY and lastYear) to calculate the yearly engulfing condition. We use an if statement to check if the year has changed compared to the previous bar. If it has, we update the...
If you use volume profile, then you might have countered wanting to know a segment of the chart's volume profile relative to the whole volume profile. This indicator tries to solve that problem. When you add it to the chart, first it asks you the start and end point of the segment you want, then it draws the whole chart's volume profile and shows the selected...
The volatility indicator (Volatility) is used to measure the magnitude and instability of price changes in financial markets or a specific asset. This thing is usually used to assess how risky the market is. The higher the volatility, the greater the fluctuation in asset prices, but brother, the risk is also relatively high! Here are some related terms and...
Hey there! I previously wrote an article about the Larry Williams ViX Fix technical indicator. Soon after, friends from the TradingView community told me that this indicator could be combined with the Risk Assessment indicator I wrote about earlier to determine when to go long or short. At the time, I found it a bit cumbersome to use both indicators together, so I...
Concept behind this Strategy : Considering a normal "buy/sell" situation, an asset would be bought in average at the median price following a Gaussian like concept. A higher or lower average trend would significate that the current perceived value is respectively higher or lower than the current median price, which mean that the buyers are evaluating the price...
LETS MAKE FUNDAMENTALS GREAT AGAIN!!! This is a basic Script to show a list of financial metrics or key performance indicators (KPIs) that are commonly used to assess the financial health and performance of a company. Let's break down what each of these metrics represents: 1. Long-Term Debt (LTD): This represents the total amount of debt that a company owes...
I am proud to announce that the formerly secret "Key Earnings Levels" graphing tool will be freely available to TradingView users whereas before it was only available by monthly or annual subscription since its invention here at TradingView many years ago by Tim West. TradingView code writers wrote the original code for using this powerful tool and then Johannes...
Library "CommonTypesMapUtil" Common type Container library, for central usage across other reference libraries. ArrayBool Fields: v (bool ) ArrayBox Fields: v (box ) ArrayPoint Fields: v (chart.point ) ArrayColor Fields: v (color ) ArrayFloat Fields: v (float ) ArrayInt Fields: v (int ) ...
A breakout long signal is generated when the current high crosses above the previous mother bar's high, and it's an inside bar. A breakdown short signal is generated when the current low crosses below the previous mother bar's low, and it's an inside bar. The script plots triangle shapes below breakout long signals and above breakdown short signals. Alert...
//Purpose/Premise: To project forward vertical 'cycle' lines based on user-input anchor points, and to search for confluence. The idea being that if several well-anchored cycles agree (i.e. we see multiple bunched vertical line confluence in the future), then this may add support to an already existing trade idea, or may indicate an increased likelihood of a...
This is a TradingView indicator script that identifies potential buy and sell signals based on ‘W’ and ‘M’ patterns in the Relative Strength Index (RSI). It provides visual alerts and draws horizontal lines to indicate potential trade entry points. User Manual: Inputs: The script takes two inputs - an upper limit and a lower limit. The default values are 70...
Tilson T3 Moving Average (T3MA) is a type of moving average line designed to reduce lag and improve the accuracy of trend identification. It is based on a combination of multiple smoothed moving averages, with each subsequent smoothed moving average having a higher weight than the previous one. The T3MA formula includes three different smoothing coefficients and...
The Pivot Points indicator by MisterMoTA allow users to get pivots points calculated from last candle high, low and close on any timeframe from 1 minute to weekly. This will help users that are trading ins small timeframes to see the pivots that are near their timeframes and not only daily timeframe. Here is an example on the chart from nex image the timeframe...
Paytience Distribution Indicator User Guide Overview: The Paytience Distribution indicator is designed to visualize the distribution of any chosen data source. By default, it visualizes the distribution of a built-in Relative Strength Index (RSI). This guide provides details on its functionality and settings. Distribution Explanation: A distribution in...
Market sentiment and market breadth are important factors for traders to consider when making trading decisions. The TICK index , which reflects the buying and selling activity of an entire index, can provide valuable insights into market sentiment and breadth. 1. Assessing Market Sentiment: - Positive TICK: When the TICK index is consistently positive...
This indicator is based on the "Linear Regression Channel (Log)," which, in turn, is derived from TradingView's "Linear Regression Channel." The "Regression Line (Log)" indicator is a valuable tool for traders and investors seeking to gain insights into long-term market trends. This indicator is personally favored for its ability to provide a comprehensive view...
This Signal Composer script can compose existing signals from other "Signal Indicators" into one and can forward it to the "Template Trailing Strategy". It allows the user to combine the logic of two signals and define the conditions that will trigger the start, end, cancel start, and cancel end deals of the produced signal. A signal will be composed from those...