How This Script Works:
1. This script calculate the probability of price reaching a user-defined price level within one candle with the help Normal Distribution Probability Table.
2. Normal Distribution Probability Table is use for calculating probability of events, it's very powerful for calculation of probability and this script is fully based on that...
Hey everyone,
Releasing the Quadratic/Linear Time Series regression indicator.
About the indicator:
Most of you will be familiar with the conventional linear regression trend boxes (see below):
This is an awesome feature in Tradingview and there are quite a few indicators that follow this same principle.
However, because of the exponential and cyclical...
Inspired by @jeffsuntrading and @Fred6724 's ATR% multiple from 50-MA .
There are no catch-all values, however a high of 6 and a low of -4 generally has been valuable to me. I tend to look at the historical highs and lows of the indicator, and adjust the Value High and Value Low accordingly to get an idea when profit-taking may be sensible.
The essence is...
**50 Point Stop & Take Profit**
This custom TradingView indicator is designed for instruments like US30 or any asset following a point system. It assists traders in setting precise stop-loss and take-profit levels based on different risk-reward ratios. It calculates and plots horizontal lines at various price levels above and below your specified entry price,...
Overview:
AI Momentum is a kernel function based momentum Indicator. It uses Rational Quadratics to help smooth out the Moving Averages, this may give them a more accurate result. This Indicator has 2 main uses, first it displays ‘Zones’ that help you visualize the potential movement areas and when the price is out of bounds (Overvalued or Undervalued). Secondly...
This indicator is inspired by the book “The Definitive Guide to Forecasting Using W.D. Gann’s Square of Nine”. It’s designed to identify overextended price levels in the market.
The indicator uses the concept of Gann’s Square of 9, which is a method for forecasting price movements by observing geometric relationships between price and time. It calculates the...
This drawing tool aims to draw auto Fibonacci Retracement Levels on desired indicators.
Users can define the target indicator to draw Auto Fibo Lines, from the "settings tab":
There are six commonly used indicators below the charts that can be selected to draw Fibonacci Retracement lines on:
RSI : Relative Strength Index
CCI : Commodity Channel Index
MFI : Money...
Hello!
This script “Monte Carlo Simulation - Your Strategy” uses Monte Carlo simulations for your inputted strategy returns or the asset on your chart!
Features
Monte Carlo Simulation: Performs Monte Carlo simulation to generate multiple future paths.
Asset Price or Strategy: Can simulate either future asset prices based on historical log returns or a...
The Weighted Momentum Forecast (EWMF) is a predictive indicator designed to forecast the potential direction and magnitude of the next candle's close. It combines the principles of momentum, trend confirmation, and volatility adjustment to make its predictions.
**Components:**
1. **Rate of Change (ROC)**: Measures the momentum of the market.
2. **Average True...
This script calculates the average price moves (using each bar's close minus the previous bar's close) for the trading days, weeks or months (depending on the timeframe it is applied to) of a number of past calendar years (up to 30) to construct a seasonal trend which is then drawn as a seasonal chart (overlay) onto the price chart. Supported are the 1D,1W,1M...
This indicator shows Fed Funds Rate vs US inflation. It also shows the US 10 year bond yield and provides a color indication that aims to indicate if this is a period where owning TLT is a good idea or not. It is not investment advice and it is only aiming to indicate whether the trend is supportive or not for long dated US bonds in comparison with short dated...
K's Reversal Indicator III is based on the concept of autocorrelation of returns. The main theory is that extreme autocorrelation (trending) that coincide with a technical signals such as one from the RSI, may result in a powerful short-term signal that can be exploited.
The indicator is calculated as follows:
1. Calculate the price differential (returns) as the...
Overview:
YinYang Bar Forecast is a prediction indicator. It predicts the movement for High, Low, Open and Close for up to 13 bars into the future. We created this Indicator as we felt the TradingView community could benefit from a bar forecast as there wasn’t any currently available.
Our YinYang Bar Forecast is something we plan on continuously working on to...
This indicator tries to identify the points where the price exceeds or falls below a rectangle based on the opening and closing prices of the previous period, the creation of the boxes occurs when a doji is detected therefore it will calculate the coordinates of the rectangle that will be drawn around it, therefore the indicator offers buy or sell signals based on...
Ruth is based on the most known technical indicators and designed for intraday traders. Ruth's aim is to find the best Buy/Sell points and decide to stop loss point with minimum Loss also Ruth tries to find multiple Profit points as TP1/TP2/TP3/TP4/TP5. Ruth was designed based on the heat map colors to be user-friendly and easy to read. While cold color preferred...
This script is made to predict the point at which price-time charts will rise or fall. The script was inspired by the RSI and TSI formulas. The formula is simply; Calculates the RSI and TSI values of open, high, low and close. Calculated values are converted to an array. The maximum and minimum values in the array are taken for the candles included in the...
Bursa Malaysia Index Series. The index computation is as follows:-
Current aggregate Market Capitalisation/Base Aggregate Market Capitalisation x 100.
The Bursa Malaysia Index Series is calculated and disseminated on a real-time basis at 60-second intervals during Bursa’s trading hours.
The indicator identifies potential trading opportunities within the market. It is entirely based on the combination of exponential moving averages by drawing triangles on the chart that identify buy or sell signals combined with vertical bars that create areas of interest.
Specifically, when a buy signal occurs, the indicator draws a vertical bar with an azure...
![SPX: Quadratic & Linear Time Series Regression [SS]](https://s3.tradingview.com/w/wgaPOqX3_mid.png "Quadratic & Linear Time Series Regression [SS]")
![BTCUSDT: AI Momentum [YinYang]](https://s3.tradingview.com/n/NKUsm5uR_mid.png "AI Momentum [YinYang]")
![BTCUSDT.P: Monte Carlo Simulation - Your Strategy [Kioseff Trading]](https://s3.tradingview.com/c/cvEVOXaH_mid.png "Monte Carlo Simulation - Your Strategy [Kioseff Trading]")
