News about the yield curve became pretty crucial for all the trades in the last year. So in the team, we decided to implement a nice widget that will allow you to track the current yield curve in your chart directly. It's possible to compare the current yield curve with past yield curves. You can choose to display the number of curves weeks, months, and years...
Today we have a new Indicator set, which I created using inspiration from the Trend Magic Indicator from KivancOzbilgic and adding several new aspects to it and a slightly modified calculation of the trend indicator itself. You can change the inputs by changing the pre set values in the settings, but I found the current settings quite accurate. Feel free to...
A classic EMA ribbon setup. The script uses eight EMAs, with default lengths ranging from 21 to 55 periods, with an additional EMA with a default length of 200 periods. The lengths of the EMAs can be customized, when customizing, the shortest time frame should be first and the longest time frame last. The ribbons gradient strength is calculated based on the...
My first Published contribution. Gracious thank you to all Pine Coders, this has subtle features that have multiple shifts based on inputs. with some experimentation, one might try pushing other sources at the hue dials and see more dynamic indication. for John Ehlers article TASC Magazine This Month. - Special Edition.
Library "store" Object/Property Storage System Semi-Simplified. . It's a helpful toolset while designing UDT's as it remains flexible, this helps in not having to remap an entire script while tinkering. Set an object up, and add as man properties as yyou wish. a property can be one of any pine built in types. so a single object can contain sa, ohlc each...
Tool to show typical pip-grade/ handle-grade sweep distance above pivot highs and pivot lows -In consolidation/ranging periods (i.e. most of the time); Highs/Lows may by swept by fairly consistent distances in typical stop raids. -Idea is from ICT teaching on typical Pip-grade sweeps in FX (10,20,30pips). Designed to work on FX, Indices, Commodities,...
When using Range charts on TradingView, the only candle appearance option is "Range Bars", which are those little thin ones that can be hard to see. So I made this candle indicator that can be used to plot Regular Candles over the Range Bars for a standard view. Here is the same chart - only showing the original Range Bars
Library "string_utils" Collection of string utilities that can be used to replace sub-strings in a string and string functions that are not part of the standard library. This a more simple replacement of my previous string_variables library since it uses types for better performance due to data locality and methods that give a more intuitive API.
BankNifty 5min Supertrend Based Strategy, Intraday. Work Best at 5mint chart on BankNifty. The strategy is designed to trade using the Supertrend indicator with session-based rules, and risk management. It allows for customization through input variables and aims to provide a clear visual representation of the Supertrend by changing the color . The...
The 7 week rule was shared by Gil Morales in his book “Trade Like an O’Neil Disciple”. The rule is described as: Stocks that have shown a tendency to “obey” or “respect” the 10-day moving average for at least 7 weeks in an uptrend should often be sold once the stock violates the 10-day line. A “violation” is defined as a close below the 10-day moving average...
This volume indicator uses a long WMA to establish an average volume and calculates the standard deviation based on that average. Each deviation level from 1 to 3 is also plotted with the bar color gradually increasing in intensity when more than one standard deviation is exceeded.
Paints inefficient candles ( where candles on both sides of a candle don't meet in the middle. ) Average True Range period and multiplier from 0.01 to 1 can be used to filter out small gaps. Price is likely to return to these areas and they are possible support / resistance levels. Combine with volume profile to detect low volume areas.
When scalping options, users are looking for where breakouts are going to occur instead of sitting thru areas choppy price action that drain delta and cause them to lose value even if price is up trending. This script tries to identify when a trend reversal is expected based on one minute price action on the SPY. It alerts users to prepare for potential breakout...
█ Overview The MACD & RSI Overlay (Expo) trading indicator is a technical analysis tool that combines two popular indicators, the Relative Strength Index (RSI ) and the Moving Average Convergence Divergence (MACD ), and overlays them onto the price chart. The indicator oscillates relative to price, so it plots the RSI and MACD around price while still...
The Bollinger Bands are among the most famous and widely used indicators. A Bollinger Band is a technical analysis tool defined by a set of trendlines plotted two standard deviations (positively and negatively) away from a simple moving average ( SMA ) of a security's price, but which can be adjusted to user preferences. They can suggest when an asset is oversold...
measures the inclination of the average slope and allows to relate it to a comparison value, which depends on the asset, and can be set in the settings. In this way the average will be represented in red when it is inclined downwards and in green upward. The blue zones will be considered as flat markets.
Library "Feature_Scaling" FS: This library helps you scale your data to certain ranges or standarize, normalize, unit scale or min-max scale your data in your prefered way. Mostly used for normalization purposes. minmaxscale(source, min, max, length) minmaxscale: Min-max normalization scales your data to set minimum and maximum range Parameters: ...
Library "TableBuilder" A helper library to make it simpler to create tables in pinescript This is a simple table building library that I created because I personally feel that the built-in table building method is too verbose. It features chaining methods and variable arguments. There are many features that are lacking because the implementation is early,...