Overview: The DRIP Yearly Performance indicator is designed for long-term investors using Dividend Reinvestment Plans (DRIP). This script calculates both the total and average yearly performance of an asset, factoring in the reinvestment of dividends over time. It provides key insights into portfolio growth by tracking the number of accumulated units from...
Description of the Script **Script Name:** S&R Precision Cloud by Dr. Abhiram Sivprasad **Overview:** This script is designed to identify key support and resistance levels using the Central Pivot Range (CPR) methodology along with daily, weekly, and monthly pivots. It incorporates the Lagging Span from the Ichimoku Cloud to enhance decision-making in trading...
This script aims to detect the Outside Candle pattern, which is a candle that has a higher high and a lower low compared to the previous candle.
Buy or sell based on ATR,RSI,Bolinger,Keltner and 2STD
This script provides the options to mark the: 1. Midpoint of the candle body and/or 2. Midpoint of the full candle (including the wicks) Works on all timeframes. This indicator can be used to help determine the mean (midpoint) reversion of price. -
### Detailed Description of the Script #### **Title:** "**Bullish and Bearish Engulfing with Conditional Rays and Wick Markers**" #### **Purpose:** This Pine Script indicator identifies and marks **bullish and bearish engulfing candle patterns** on a price chart. Additionally, it plots **two rays** (lines) for each detected pattern: one at the wick's extremity...
This Pine Script strategy generates trading signals using Fibonacci levels and trend-following indicators. 1. Strategy Summary This strategy analyzes price movements using a combination of Fibonacci levels and trend-following indicators, providing potential trading signals. The strategy includes Fibonacci levels as well as EMA (Exponential Moving Average) and...
What this script does: The purpose of this script is to help traders identify when the major sectors of the market are moving in one direction - also known as a "market trend day". How this script works: The indicator uses QQQ, SMH and NVDA to represent the technology side of the market, and XLF, XLV & IWM to represent everything else. It tracks where price...
KMACD Indicator: Advanced Market Analysis Through Central Tendency Metrics The KMACD (KAMVIA Moving Average Convergence Divergence) indicator is an advanced, multi-dimensional tool designed to provide traders and analysts with a deeper understanding of market dynamics. By integrating the classical MACD framework with statistical measures of central tendency,...
Overview The High-Low of X Bar indicator allows traders to visualize historical high and low values from a specific number of bars ago directly on the chart. Provides insight into past price action by displaying high, low, and their difference at the most recent bar. Customizable inputs and color settings for labels enhance usability and visual...
A T-wave might describe a pattern where the price movement forms a "T" shape on the chart, which could involve: Strong Vertical Movement (The Stem of the T): This could represent a sharp, decisive move in one direction (up or down), often occurring in a single candle or a few candles. This movement could be seen as the "stem" of the T. For example, a sudden...
Title: Long-Side Rally Detector – Quickly Spot Significant Upward Movements for In-Depth Analysis Description: Introducing the Long-Side Rally Detector or Rally Spotter, a powerful Pine Script designed to help traders and investors quickly identify areas on a chart where stocks have made significant upward rallies. This tool is perfect for anyone looking to...
### Indicator Name: **Volatility Projection Levels (VPL)** ### Description: The **Volatility Projection Levels (VPL)** indicator is a powerful tool designed to help traders anticipate key support and resistance levels for the E-mini S&P 500 (ES) by leveraging the CBOE Volatility Index (^VIX). This indicator utilizes historical volatility data to project...
What is this indicator - This indicator is color coded for showing the opening range of the market. Ideally to be used with 5min, 10min or 15mins. Any candles that has its high / low within the opening range - the candle will be highlighted in RED. How to use this indicator - For beginners, this indicator is useful to determine the trend based on open. If the...
🔵 Introduction Research by H.M. Gartley and Scott Carney emphasizes the importance of harmonic patterns in technical analysis for predicting market movements. Gartley's work, particularly the Gartley 222 pattern, is detailed in his book "Profits in the Stock Market" and relies on the specific placement of points X, A, B, C, and D. 🟣 Defining the Gartley...
The Trading Desk - is a powerful tool designed to identify key market stages based on Break of Structure (BOS) patterns. This indicator tracks Bullish and Bearish Market Breaks (MBs) to determine four crucial market stages: Accumulation, Distribution, Reaccumulation, and Redistribution. Accumulation: Identified when a series of Bullish MBs dominate the...
This chart is designed to calculate and display the percentage change of the Magnificent 7 (M7) stocks and the S&P 500 excluding the M7 (Ex-M7) from the beginning of 2024 to the most recent data point. The Magnificent 7 consists of seven major technology stocks: Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL), Meta (META), Nvidia (NVDA), and Tesla...
Here's a detailed presentation of the Average Daily Range (ADR) indicator, with a focus on its advantages compared to the classic ADR, its unique features, utility, and interpretation: Advantages Compared to Classic ADR 1. Logarithmic Scale: Unlike the classic ADR, which uses a linear scale, this version uses a logarithmic scale for calculations. This approach...