Name: Kijun Trend Indicator Category: Trend Analysis Timeframe: All timeframes Suggested usage: In a trending market, to understand when it is good to enter short (red line) and when to enter long (blue line). Technical Analysis: The original idea was taken from Larry Williams: an uptrend is identified when the price is above an 18-period simple moving...
This tool can be used in so many ways but the most common use is adding the volume of multiple securities (Up to 39) This is especially helpful when analyzing cryptocurrency/fiat pairs. The user can create their own custom index; a combination of any symbols they'd like. It's also nice to see different combinations of volume when dealing with other markets; Like...
Hello traders, I would like to present you ATR Bands with QQE. This indicator is different than my other indicators I used QQE oscillator as an entry indicator, and atr bands I have used as an exit indicator. You can see 2 set of bands with different multiplicator, first is used as first target profit, stop loss and second as a second target There are two modes...
Donchain trend following system with overbought/ oversold areas inspired by stochastic. Multiplier to get non repainting HTF capability. features a smoothed price as well as moving average of the smoothed price, also inspired by the stochastic indicators %K and %D. This and slow stochastics compliment each other nicely. %D line colored by direction. Filled...
Hi fellow traders , Pleased to share a Pivot High - Low Screener. The script uses the TV inbuilt Pivot function. It Screens 25 tickers default set, these can be modified in the input dialog box. All you need to do is attach to any chart and set the periodicity or the resolution of the chart to your desired alert() frequency requirement. Now go to the input...
Tracks backwardation of the VIX Term Structure using the difference between 2 custom durations VIX / VIX3M /VIX6M/VIX1Y
The Puell Multiple examines the fundamentals of mining profitability and the way they shape market cycles. It is calculated by taking a ratio of daily coin issuance (in USD) and the 365 moving average of daily coin issuance (in USD). Interpretation of the Puell Multiple can generally be considered in the following framework: high values indicate that current...
LSMA Trend ZERO LAG LSMA ( Least Squares Moving Average ) to give instant linear regression of current price action with color coded trend The direction of the line shows the direction of the trend with color change
Hello All, For long time I have been getting many requests about Gann Fan indicator. now we have linefill() function in Pine Language and I think it's right time to make Gann Fan Indicator. Many Thanks to Pine Team for adding many new features to the Pine Language! How this indicator works: - It calculates midline (1/1) - By using midline it calculates...
Average Lines This script beholds several new exiting Pine stuff: - linefill, fill of line.new - last_bar_index, gives the bar_index of the last bar, already at the beginning of the script! (like 'timenow', but now with bar_index) The script is about pivot points, if there is one, it draws a line from the last to every previous one, then it extends this line to...
Draft release: This indicator shows the comparative returns from US bonds vs BTC. I was inspired by this Twitter thread: twitter.com If you compare the price action of Bitcoin against bond returns over the last year, there's an extraordinary degree of correlation. This may give insights into what's coming next for BTC , but at some point the relationship will...
Draft release: This indicator shows the US 10year bond returns. I was inspired by this Twitter thread: twitter.com If you compare the price action of Bitcoin against bond returns over the last year, there's an extraordinary degree of correlation. This may give insights into what's coming next for BTC, but at some point the relationship will inevitably break...
Volatility Contraction is a strong trading setup for Positional Traders. It works on following time frame: Daily, Weekly and Monthly.
This script is useful as a quick glance for checking the theoritcal price of the Call and Put option strike. Spot price is automatically derived from live market. Enter the strike price and IV value. For NSE stocks, use 6% as risk free rate if not sure.
It is combination of Built in Super trend and Adx with take profit uptrend is considered when +dmi is above -dmi and +dmi is above 25 and adx is above 25 and supertrend gives Buy downtrend is considered when -dmi is above +dmi and -dmi is above 25 and adx is above 25 and supertrend give sell use fibo for target by taking as previous swing high and swing low...
The script is ADX-DMI modified verison -Adx is labeled as Weak trend Below 25 and strong Trend above 25 -Hline is drawn at 25 for better clarification of crossover above 25 -Wait for crossover in +dmi and -dmi and to cross above 25 for any trend clarifcation -crossover i.e upside cross of +dmi over -dmi is shown buy UP shape -crossunder i.e downside cross...
This is the updated v5 for PineScript 5. 20x Rate of Change indicators into 1 indicator. Plus a built-in moving average for the 20xROC can be plotted with its own MA, which simplifies the visual rendering. Auto settings can be used, which have automatic preset lengths based on the timeframe used. Middle line 0 is important as it is a positive and negative...
While the indicator is working on any stock chart, it shows the two ema average breakdown/breakup of the index or any other stock with an arrow. In this way, you will be able to follow the ema intersections of the index chart while working on a normal stock chart. I will add other moving average options if you like it. I hope you will be satisfied using it....