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...
This indicator offers a quick view of essential trading parameters in a customizable table format. The table displays key metrics such as daily volume, average volume over a chosen period, volatility (normalized ATR), correlation coefficient, and funding rate, all of which can be tailored to your preferences. You can also adjust the table's appearance, style,...
Strategy Description: MACD Divergence with SMA Crossover Strategy Overview: The MACD Divergence with SMA Crossover Strategy is designed to identify high-probability trading opportunities based on the interaction of the MACD (Moving Average Convergence Divergence) indicator and key moving averages. This strategy focuses on detecting divergences between the MACD...
This TradingView Pinescript combines Bollinger Bands and a custom SuperTrend indicator to generate trading signals. Bollinger Bands: Bollinger Bands are a popular volatility indicator that consists of three lines: * Basis: A simple moving average (SMA) of the price (default length is 20 periods). * Upper Band: The basis plus a standard deviation multiplier...
STOP LOSS MANAGER Overview: The "SL Manager" indicator is designed to assist traders in managing their stop loss (SL) and take profit (TP) levels for both long and short positions. This tool helps you visualize intermediate levels, enhancing your trading decisions by providing crucial information on the chart. Usage: This indicator is particularly useful...
This script shows Grayscale's GSOL financials based on the information from their website. Investors and traders like to use financials when making the decision to buy, sell, or hold. ►Usage This script is specific to GSOL. Investors and traders use financials when making the decision to buy, sell, or hold. How one interprets financials is up to the individual....
Squid Channel is a technical indicator designed to identify trading opportunities in financial markets. This indicator combines multiple weighted moving averages (WMA) and Bollinger Bands to help traders recognize market trends and price fluctuations. Indicator Purpose The primary purpose of the Squid Channel indicator is to identify potential trading...
Library "formattingUtilities" toPercentageString(x, decimals) : Converts a decimal number into a string formatted as percentage. Parameters: x (float) : (simple float): Float number to be converted decimals (int) : (simple int): Number of decimals to apply Returns: : Returns a string with x as percentage. toFactorString(x,...
AlgoFyre's Color Library is a Pine Script v5 library offering fire-themed palettes with light and dark modes. It helps traders easily integrate consistent, visually appealing color schemes into TradingView indicators. Used in AlgoFyre's Scripts and Indicators. Color Overview The AlgoFyreColorLibrary includes a comprehensive set of colors inspired by fire,...
Gold 96.5% Price Display (Test Version) This Pine Script indicator is a test version designed to display the current price of Thai gold (96.5%) in a customizable table on your TradingView chart. The script calculates the gold price using the latest values for XAU/USD and USD/THB, reflecting the price of gold in Thai Baht (THB) with a purity...
Prospect Theory Indicator This indicator is designed based on Prospect Theory, which was developed by Nobel laureates Daniel Kahneman and Amos Tversky. Prospect Theory explains how people make decisions involving risk and uncertainty, highlighting their tendency to value potential losses more than equivalent gains and their focus on relative gains and losses...
This script is a TradingView Pine Script (version 5) for calculating and plotting statistical moments of a financial series. Here's a breakdown of what it does: Script Overview Purpose: The script calculates and visualizes moments such as Mean, Variance, Skewness, and Kurtosis of a price series. It also provides the option to display log returns and various...
Library "Session" Helper functions for trading sessions. TradingView doesn't provide correct data when calling some of the convenience methods like session.ismarket when you are looking at futures charts. This library corrects those mistakes by providing functions with the same names as the TradingView default properties. that reference a custom defined set of...
Library "Spectrum" This library includes spectrum analysis tools such as the Fast Fourier Transform (FFT). method toComplex(data, polar) Creates an array of complex type objects from a float type array. Namespace types: array Parameters: data (array) : The float type array of input data. polar (bool) : Initialization coordinates;...
Key Features: EMA Filter: Adds an Exponential Moving Average (EMA) to filter signals based on the trend. Buys are only considered when the price is above the EMA, and sells when below it. Customizable Inputs: Users can adjust parameters for EMA, MACD, and RSI directly from the TradingView interface, allowing for more personalized strategies. Alerts: The script...
This script calculates and plots the Geometric Mean (GM) of two significant price levels (in this case, moving averages) to identify balance points or equilibrium levels in the market. Key Components of the Script: Input Variables: length1: Defines the period for the first moving average (representing the first radius 𝑥x). length2: Defines the period for the...
Session Highlighter Script This Pine Script highlights the major trading sessions on your chart with distinct background colors and markers: - Asian Session: From 22:00 to 06:00 UTC (Tokyo Open to Close), highlighted in blue. -European Session: From 07:00 to 15:00 UTC (London Open to Close), highlighted in green. -U.S. Session: From 13:00 to 21:00 UTC (New York...
Comparative Relative Strength is a valuable tool for investors looking to assess relative performance and enhance their trading strategies vs the indices.