TradingView has a little-known integration that allows you to pull in 3rd party data-sets from Nasdaq Data Link, also known as Quandl. Today, I am open-sourcing for the community an indicator that uses the Quandl integration to pull in historical data and ratios on the S&P500. I originally coded this to study macro P/E ratios during peaks and troughs of boom/bust...
ENGLISH What is this indicator? This is a combination of two indicators: the CVD - Cumulative Volume Delta Candles published by TradingView (version v3 2022.07.11) with two Ichimoku clouds: one for the current time frame and another for a bigger time frame. The user of the indicator can define that bigger time frame with a multiplier. By default it multiplies...
ENGLISH What is this indicator? This is a doble Ichimoku cloud: one for the current time frame and another for a bigger time frame. The user of the indicator can define that bigger time frame with a multiplier. By default it multiplies x6 the current TF (for example, if you watch at the 1 hour time frame the second kumo belongs to 6 hour TF). Additionaly, an...
█ Overview The Ross Hook pattern is one of the most consistent and successful trading patterns that have been around for years. The Ross Hook is the first correction following the breakout of the 1-2-3 formation . This means that the Ross Hook only occurs in established trends. In other words, Ross Hook is a trend continuation setup. To fully understand the...
This Ichimoku is a Lite Edition of Ichimoku RONIN Features : - Ichimoku Default Lines - Settings for Shift all of Lines - Two Custom Periods Lines - 9/26/52 Cycle Counter - Optimized for Pine Script 5 - No Shifted Senko Span A Line - New Cloud Alert - KijunSen & TenkanSen Lines Crossed Alert Good Trading to All ...
About Automatic level of support and resistance ( SnR ) in the chart. It helps users to decide where is the level of SnR and also optimize the level by changing the input base on their needs Input: Pivot - The number of bars left and right side of the pivot to choose how detailed the SnR level Type - To draw the line on the candle wick endpoints or...
=== Musashi-Katana === This tool was designed to fit my particular trading style and personal theories about the "Alchemy of the markets" and ''Harmonic Structure'. Context When following a Technical approach to to surf the markets, there are teachings that must be understood before reaching a confort-zone, this usually happen the possible worst way by constant...
This script show you the distance between the close price, and EMA in the histogram. Red histogram: close price is under the EMA. Green histogram: close price is above the EMA. Default EMA value: 20.
Plots the MACD directly on Chart. This helps you better understand the MACD indicator and filter the false signals, It is recommended to use it with Macd oscillator 15M Chart: 3D Chart: 4H Chart: 30M Chart with Renko candle: snapshot
Plots two ATR indictors, of different period length, to see crossovers. To be used on daily or longer period bars. When the fast ATR crosses above the slow ATR, momentum strategies tend to work better. When the fast ATR crosses below the slow ATR, mean reversion strategies tend to work better.
█ Overview The 1-2-3 pattern is the most basic and important formation in the market. Almost every great market move has started with this formation. That is why you must use this pattern to detect the next big trend. In fact, every trader has used the 1-2-3 formation to detect a trend change without realizing it. Our 1-2-3 Pattern (Expo) indicator helps...
This is indicator plot Heikin Ashi of chart with RSI data You can use this indicator like normal RSI with divergence or cross overbought oversold level It can help you find pivot better and have better visual of market conditions when market overbought or oversold
Description: Convolution indicators aim to identify a major reversal in the price direction so that one can trade the market primarily in the direction of the ensuing trend, as described in the Cycle Analytics for Traders, by John F. Ehlers pg. 165. The notion is based on the concept of the two price segments are perfectly correlated (cross-correlated) that...
The Ghost Ninja Moving Average indicator contains three ema averages. These are ema 21, ema 55 and ema 233. The values of the averages appearing on the screen are adjusted according to their own lengths. If you want, you can change the settings from the "Numbers of bars back" setting. The 1st moving average (EMA-21) will follow the price and will disappear if the...
Hello Traders ! [/bIntro : Correlation Convergance Divergance (CCD) is a statistic based trend analysis indictor that uses long run and short run correlation averages to determine the stregth of two assets linear association, and bounded average percent change to determine the underpromering reltaive assets. Rational & "Motivating Idea" : The motivating...
This is a tracking tool to measure two different kinds of distances: - Gaps, from the open/close or the high/low value to the nearest open/close or high/low value. - Price extensions of one or two candles from a preferred starting point (open, high, low or close) to a final point (open, high, low or close). The two-candles mode includes an optional rectangle to...
Extreme Volume Support Resistance Levels are S/R levels(zones, basically), based on extreme volume . Settings: Lookback -- number of bars, which algorithm will be using; Volume Threshold Period -- period of MA (Volume MA), which smoothers volume in order to find the extremes; Volume Threshold Multiplier -- multiplier for Volume MA, which "lift" Volume...
This is a set of 4 combined moving averages. Each moving average is a combination of an EMA, SMA, HMA, RMA, WMA and VWMA with the same length as set in your input settings. All 6 of them are added together and then divided by 6 for an average of all of them. This is based on the theory that most traders use their own preference of moving averages, so combining...