Calculates the Pearson Correlation Coefficient using the first derivative of prices (returns) rather than price levels. This is how correlation should be calculated. Correlation calculated using price levels produces artificially high, spurious correlations and is an invalid calculation. This is a modified version of the Correlation Coefficient indicator which...
Double BBW Overlay Indicator Overview The Double BBW (Bollinger Band Width) Overlay indicator is a custom script for TradingView that combines two BBW indicators with adjustable settings. It allows traders to compare the volatility of two different periods of Bollinger Bands on the same chart. By default, the first BBW is calculated with a 10-period center line,...
the script not giving buy or sell signal the script based on total price action based in this script the volume is colored and it also have ma volume weighted average price
Define Pip Size: Since 1 pip for XAUUSD is usually considered as 0.1, the pip Size is set to 0.1. A 50-pip interval is therefore 50 * 0.1 = 5.0. Nearest Pip Level Calculation: We find the nearest 50-pip level based on the current price of XAUUSD. The formula nearestPipLevel = round(close / pipInterval) * pipInterval rounds the current price to the nearest...
Prueba de mi indicador de señales de compra y de venta con SL y TP incluidos (30 y 60 pips respectivamente).
Simple and configurable EMA indicator. You can configure 4 different EMA values as you wish.
█ OVERVIEW Contains methods for conversion to string of simple types int/float/bool/string/line/label/box . - toS() - For bool/int/float works much the same as str.tostring() with some shorthand formatting options for int/float. For line/label/box displays their text and coordinates automatically formatting x coordinate as time or bar index. - ...
mọi thứ đều giống với chỉ báo weis wave volume ngoại trừ cách xác định cây nến tăng hay giảm quy tắc: nến tăng/nến cầu: giá đóng cửa trên 50% chiều dài cây nến tính từ giá cao nhất tới giá thấp nhất nến giạm/nến cung thì ngược lại
Sakata's Five Methods Among the Sakata Five Methods, the following patterns will be identified and displayed on the chart screen. The text in parentheses will be displayed on the chart screen. Morning Star(MS) Evening Star(ES) Three Gap Down(GD) Three Gap Up(GU) Three White Soldiers(WS) Three Black Crows(BC) Rising Three Methods(RM) Falling Three Methods(FM) In...
The Shifted Symbol Overlay Indicator is a custom TradingView indicator designed to overlay the price data of one stock or asset over another, allowing for direct visual comparison. This is particularly useful for comparing the performance of two assets over different time periods. The indicator enables you to shift the data from one asset either forward or...
Library "gridUtilities" TODO: add library description here get_fibonacciGrid_data(length, trend_direction, plot_grid, plot_labels, bars_to_right, include_levels) : Gets and plots a fibonacci grid. Parameters: length (int) : (int): The direction flag that indicates where the trend is going. trend_direction (string) : (string):...
1. Introduction to Volume Ratio: In China's stock market, the volume ratio is an indicator used to measure relative trading volume. It compares the average volume per minute after the market opens to the average volume per minute over the past five trading days. 2. Application of Volume Ratio: When there is a sudden surge in volume, the volume ratio chart will...
Library "volumeUtilities" generate_and_plot_volumeProfile(length, valueArea_perc, plot_vp, show_vp_labels, include_vp_levels) : Generate and plot volume profile Parameters: length (int) : (int): Length of the volume profile indicator valueArea_perc (float) : (float): Percentage of the volume that will be in the value area ...
Library "regressionUtilities" get_linear_regression(bar_index_array, prices_array, stdDev_mult) : Generates the linear regression channel for an array of values. Parameters: bar_index_array (array) : (array): Array with bar indexes prices_array (array) : (array): Array with prices stdDev_mult (float) : (float): ...
Library "dataTableUtilities" generate_dataTable(dataTable_map, title, tableYpos, tableXpos) : Generates and shows a data table. Parameters: dataTable_map (map) title (string) : (string): Title of the table tableYpos (string) : (string): Vertical position of the table tableXpos (string) : (string):...
### Purpose and Use of the Output - **Identifying Bullish Reversal**: The Morning Star pattern is a bullish reversal signal that traders look for at the end of a downtrend. When this pattern appears, it suggests that the market may be shifting from bearish to bullish sentiment. - **Trading Decisions**: Traders can use this indicator to make informed decisions...