This Indicator shows the Return On Investment (ROI) between the current price vs the price from x Periods ago.
This marker-only indicator traces highest and lowest bars using 5 different periods (the first 3 in aggregation and the rest as is) for a total of 10 support and resistance signals of varying strength. Use Cosmic Markers Lite on its own or add on top of existing chart patterns or other line indicators.
This indicator was created according to TheMas7er's trading setup, that he reveal after 18 years of working in the industry. Claims is that this setup should give you good probability to predict the price movement for US equity. This trading setup is only for New York equity trading session from 09:30 until 4pm. The market in which you should use it are the S&P...
ROCCS is a standardized rate of change oscillator with "error bars". Rate of change helps traders gauge momentum in a market by comparing the current price with the price "n" periods ago. What makes this special is you get to see the momentum of the momentum via the candle view. The candle transformation utilizes a moving average to smooth the signal however this...
Mark Structure Show is building the market swing structure, minor and sub structure and marks all possible insignificant pivots This indicator is the alternative version of Mark Structure indicator, I had to create another indicator in order to avoid programming limitation of TreadingView. This version uses confirmation approach as confirming by body, it means...
This script is meant for day traders. It's based on the CPR concepts. The pivots plots based on the timeframe, means less that 15minuts it will plot daily pivots, less that daily tf, it plots weekly and then monthly. It also includes Camarillas, ADR levels, Fibonacci levels based on last 500 candles, Fib pivots, Pivot zones, developing pivot, Vwap, Dashboard shows...
Simple idea that allows you to display tomorrow CPR/ Standard Floor Trader Pivots based on the high, low and close of today session. Likewise, it works for higher timeframes taking into account the high, low, close of the period (e.g. weekly, monthly, year). Just be aware that -regardless of the timeframe- if the period is still in development, the indicator...
Moving average crosses are popular signals for trend followers. Like many conditions, they tend to reverse after a certain amount of time. Today’s script is designed to help traders visualize and interpret these turns. Bars Since MA Cross counts how many bars have passed since a fast-moving average crossed a slower MA. Bullish readings, with the faster MA above...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- I would like to take the time to explain the indicators needed for trading among the two indicator formulas previously disclosed. The HA-MS indicator is an indicator created using the Heikin...
Level 2 Background Momentum effect is generally called "inertia effect". Momentum effect was proposed by Jegadeesh and Titman (1993), which refers to the tendency of the return rate of the stock to continue the original direction of movement, that is, the return rate of the stock with a higher return rate in the past period will still be higher than the return...
This is a script used in a strategy called the secretariat taught in the courses offered by Michael Toma ( I won't mention the business names here to comply with house rules for open publication). Its intended as a tool to keep you out of chop and get you in pretty early in a trend. The indicator uses a fast and a slow moving average as filter. When it sees the...
This script is a variation on the SuperTrend. The original function is from Tradingview, the difference is that I added a calculation with RSI First 50 is subtracted from the RSI. The absolute value of this number is on its turn divided with 100 or 50 (settings: 'Divide RSI value by') -> this gives the 'aRSI', which is similar to a percentage Finally a last...
Introduction Here, I modified the script "Trend Intensity Index" (TII) of @everyget. TTI was developed by M.H. Pee, who also published other trend analysis indicators like the Trend Trigger/Continuation Factor It helps to determine how strong the current trend is. The stronger the trend, the higher the chance the price may continue moving in the current...
Still experimental. Extending further on the divergence backtest results - in this script we try to project next 2 pivots (including one unconfirmed pivot) 🎲 Previous experiments 1. Divergence-Backtester 2. Divergence-Backtester-V2 🎲 Additions Apart from collecting the stats on number of occurrences of HH, HL, LH, LL - this script also keeps track of...
Display three DACC plots simultaneously, to visualize both directional (up on top, down at bottom) and adirectional DACC (in the middle) simultaneously. Delta Agnostic Correlation calculates a correlation between two symbols based only on the sign of their changes using a Sign Test (en.m.wikipedia.org), regardless of the amplitude of price change. Compared to a...
Use this indicator on Daily Timeframe Please refer to the below link for CFTC Disaggregated COT www.cftc.gov This script is very similar to COT Financial Plot indicator except that it plots the data for Futures in Legacy buckets Commercial vs. Non-Commercial
Visualize trading sessions opening hours of several international exchanges on a grid. Contrary to other indicators, this one automatically aligns the session with the current chart's timezone. This is helpful for bar replay or manual backtesting, to spot patterns of correlations (this can also be used in conjunction with correlation indicators, see my other...
Not many candlestick patterns hurt traders on the other side of the trade more than this signal, when it happens, think of it as kicking in the teeth, the pain is real. An upwards signal is painted when you have a two-bar formation, the one on the left is a bearish one whereas the successive one is bullish, when you have fat bodies in both candles, meaning the...