PROTECTED SOURCE SCRIPT
Market Stats
Updated
In this exciting new indicator...!
- You are able to select 6 different timeframes: 1 minute, 60 minute, 1 day, weekly, monthly, anything you please!
- With these timeframes, you are able to compare the different tema dema crossing percentages, to know whether the selected or current ticker is in an uptrend or downtrend!
- You are also able to formulate your very own EMA ratios to see in these different timeframes, or use the default, carefully optimized default EMA ratios per timeframe, to ultimately reveal the desired trends and whether these are in your favor for your position!
- Lastly, you have the RSI values at full display, also carefully optimized, for best alignment in indication of the current trend. To top it off, these RSI values are also displayed on the chart as well, should you choose to have it on display.
- You are able to select 6 different timeframes: 1 minute, 60 minute, 1 day, weekly, monthly, anything you please!
- With these timeframes, you are able to compare the different tema dema crossing percentages, to know whether the selected or current ticker is in an uptrend or downtrend!
- You are also able to formulate your very own EMA ratios to see in these different timeframes, or use the default, carefully optimized default EMA ratios per timeframe, to ultimately reveal the desired trends and whether these are in your favor for your position!
- Lastly, you have the RSI values at full display, also carefully optimized, for best alignment in indication of the current trend. To top it off, these RSI values are also displayed on the chart as well, should you choose to have it on display.
Release Notes
In V2 of this amazing indicator...!- Massive upgrade to increase consistency and quality of handling the indicator. Completely customizable rates for EMA, MACD, Bar Change Momentum, and indication for Cycles and Stochastic RSI. The idea is to consolidate all these different indications in percentage form to prevent having to switch between the many possible timeframes.
- The fundamental idea of this upgrade is to better discern upside and downside, this is achieved by two selectable colors (BULL and BEAR), and when a color is active, it is either brighter (which means new/ fresh/ continuation of a trend) or dimmer (deep in the given trend).
- Hovering over the table cells can offer additional data, particularly around the ticker title and the timeframe cell values, which present the total move for the current day, the distribution of bullish, bearish, and neutral values per cell and the gaps formed under the specified timeframes.
- A heatmap mode is offered to better focus on a general trend for the selected timeframes, based on color feedback alone. It is advised to maintain the default settings if intending to get a better feel of where the stock is headed.
- All in all, calculations for cycles and stochastic RSI are fixed, keeping in mind the most effective indication of potential direction change. Timeframes can be made to 1s, 1, 60, 120, 1D, 1w, 1M, or empty to match the current chart.
- ENJOY!!! CHEERS! Please share any additional feedback by sending me a direct message!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.