This script paints bars in different colors based on whether they are trending up or down. It shows you if a candle is bearish or bullish based on the high and low of the previous candle. Bull candles form higher highs (HH) and higher lows (HL) from the previous candle and are painted green. Bear candles form lower highs (LH) and lower lows (LL) from the...
Weekly daily Pivot point for ease. This is will show support and resistance on 15 minutes and 30 minutes time frame.
Library "Fibonacci" General Fibonacci functions. Get fib numbers, ratios, etc. fib_precise(f, precision) Get the precise Fibonacci ratio, to the specified number of decimal places Parameters: f : Fibonacci ratio (string, in form #.###) precision : Number of decimal places (optional int, dft = 16, max = 32) Returns: Precise Fibonacci ratio...
This is a local polynomial regression of price data. It does not give any explicit prediction, but it helps to show the overall trend and movement of price. Due to limitation of Pine, this script can only calculate for a limited length of price series, and the order of polynomial regression cannot be too high.
The Black Scholes Merton model If you are new to options I strongly advise you to profit from Robert Shiller's lecture on same . It combines practical market insights with a strong authoritative grasp of key models in option theory. He explains many of the areas covered below and in the following pages with a lot intuition and relatable anecdotage. We start here...
FOR BEST RESULTS PLEASE SWITCH TO LINE CHART OR DISABLE THE CHART CANDLES. BELOW IS A LINE WITH OPACITY TURNED DOWN TO 15% ASIA, LONDON, AND NEW YORK SESSIONS CAN BE CUSTOMIZED (1ST 3 HRS DEFAULT) VOLUME CANDLES CAN BE APPLIED WITH SUPPLY AND DEMAND OR MARKET MAKER METHOD. IN A STRONG TREND YOU WANT TO SEE REPEATED HIGH VOLUME CLUSTERS IN THE DIRECTION...
Take a look. Couple of confluencial reversal signals from popular indicators (W%R, RSI & CCI). I can only say this shows how random the "stanard tools" are and how the market makers "play" these kind of tools to their advantage. That said. It's better tha average, but not top-class, so expect to have to take signals with other confluence. DON'T take the plots...
This is a channel type tool I created, heavily influenced by LazyBear COG Fibs script and the COG Fibs script by Joy_Bangla which also uses LazyBear COG Fib logic. All credit to those guys, publishing this open source as well since its nothing here is my original work really.
Just a quick EMA strategy based on the popular SHORT Youtube clip: www.youtube.com in case you were interested in how it would behave when automated.. DISCLAIMER : I'm not a financial adviser and this is not a financial advise. Remember, most traders lose money.
VIX Range, the difference between this and VIX range estimate Is that this Is using calendar days(how options are priced) rather than trading days.
Level 3 Background An ultra-short scaler that I integrate with multiple custom function implementations. Because of its responsiveness it is suitable for small cycle applications. Function The first technical indicator to integrate is the stoch. By combining the stoch indicators of long and short periods, I can not only ensure its high-speed reaction speed,...
█ This indicator shows an automatic Fibonacci retracement levels. This indicator is designed based on highs, lows, and trend interpretation to orientate the fibonacci retracement in the good direction. Fibonacci analysis uses a logical sequence of numbers to predict trends and price action. █ Usages: The Fibonacci retracement is used to identify hidden support...
Hello! "TPO Letters" functions similarly to the script "Realtime TPO Profile"; however, TPO characters are appended to a developing bar. Simply, TPO characters display on the bar that formed them. All colors are configurable. The image above emphasizes functionality; TPO letters are colored on a gradient . Additionally, the value area range is shaded;...
This strategy is based on the gaps theory. In this case we have the BTC futures from CME, which acts in a way similar to stocks, and we can have gaps present between close/open session, and also sometimes between same candle due to huge movements intra candle. At the same time I have combined this with a daily moving average, to help out a bit with the trend,...
Library "SupportResitanceAndTrend" Contains utilities for finding key levels of support, resistance and direction of trend. superTrendPlus(multiple, h, l, atr, closeBars) A more flexible version of SuperTrend that allows for supplying the series used and sensitivity adjustment by confirming close bars. Parameters: multiple : The multiple to apply to...
Library "MovingAverages" vawma(len, src, volumeDefault) VAWMA = VWMA and WMA combined. Simply put, this attempts to determine the average price per share over time weighted heavier for recent values. Uses a triangular algorithm to taper off values in the past (same as WMA does). Parameters: len : The number of bars to measure with. src : The...
Library "DataCleaner" outlierLevel(src, len, level) Gets the (standard deviation) outlier level for a given series. Parameters: src : The series to average and add a multiple of the standard deviation to. len : The The number of bars to measure. level : The positive or negative multiple of the standard deviation to apply to the average. A...
Supply & demand zone, day, monthly, weekly, channels with break out