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Seasonality Overnight Gaps - Tabular Form Use this indicator on Daily Timeframe This script calculates the overnight gaps above a specific threshold (that can be set through input parameters) and displays the data in a tabular form with Year in the rows and the day of the week in the columns. Also a summary row is displayed at the bottom for day of the week. Detailed Gap info is displayed as tooltip for the cell data Gap - Open should be outside the previous day's Open and Close Gap % - open/prev. close - 1 if Gap is there
Pine Script™ indicator
by ILuvMarkets
Seasonality DOW - Day Of the Week - Tabular FormUse this indicator on Daily Timeframe This indicator displays the seasonality data for any instrument (index/stock/ futures /currency) in a tabular data by day of the week - DOW ( Sun - Mon - Tue - Wed - Thu - Fri - Sat ). User can change the start of the year for analysis from the inputs. Year is represented in rows and Day of the week (DOW) is represented in cols. This indicator uses Daily Data feed to calculate the % change Summary data for DOW displayed as the last row
Pine Script™ indicator
by ILuvMarkets
9
buy sell pressurebuy sell pressure indicator Every stock /indices /chart is unique in nature. there will always be some kind of buyers and sellers present in these equities/stocks. due to their inherent buying and selling nature, these stocks also develop a pattern. such patterns are not always visible directly on the chart but we can calculate buying and selling pressure for these stocks individually . if we plot a graph on chart , we can easily see when stock is getting and when it is showing strength. The logic for calculating buying and selling pressure is given below- buying pressure= 14 days ema of {close- low(1)} selling pressure= 14 days ema of {high(1)- close} low (1) indicates 1 day ago candle's low price high(1) indicates 1 day ago candle's high price close= recent candle's close price how to read chart :- whenever buying pressure line (green color) crosses the selling pressure line (red color)stock will show strength and will go up. if the red line starts to cross the green line then we may see prices go down. so one can book profit here. there is a unique zero line which is blue in color. it will act as a supreme buy and sell zone. if the green line touches or somehow goes below the zero line(blue line), stock will see strong buying pressure . if the red line (selling pressure line) goes below the zero line, the stock will witness strong selling pressure.
Pine Script™ indicator
by Tradernawab
5
Sector RotationThis script is attempt to create and observe the real-time and historical performance of the all major sectors of Indian Market in one screen. for Data Presentation I used Short sector names so that I can manage to get space and efficient presentable data. Short Names and Actual Sector Names BNF : CNX-BANKNIFTY IT : CNX-IT PRMA : CNX - PHARMA FMCG : CNX-FMCG AUTO : CNX-AUTO MTAL : CNX-METAL MDIA : CNX-MEDIA RLTY : CNX-REALTY IFRA : CNX-INFRA ENGY : CNX-ENERGY PSU-B : CNX-PSU-BANK PVT-B : NIFTY-PVT-BANK F-SRV : CNX-FINANCE CONSM : CNX-CONSUMPTION C-DUBL : NIFTY_CONSR_DURBL You can use this script in 30-min, Daily, Weekly and Monthly Time Frames. The green Square denotes the current Symbol Performance. The Blue Border boxes are created when one sector intersects other sector. In this Update following features are added Now users have control over sectors, what are all the sectors you wanted to plot you can select from the input menu. Currently user can highlight any one sector in different border color so that user can easily spot and track particular sector. This thicker blue line denotes lowest and highest point of the current timeframe.
Pine Script™ indicator
by Vignesh_vish
31
Open High Low StrategyThis is a very simple, yet effective and to some extend widely followed scalping strategy to capture the underling sentiments of the counter whether it will go up or down. What is it? This is Open-High-Low (OLH) strategy. As you already aware of Candlestick patterns, there is patterns called as Marubozu patterns where the sell wick or buy wick either ceases to exists (or very small). This is exactly in the same principle. In OLH strategy: The buy signal appears when the Open Price is the Low Price. It means if you draw the candlestick, there is no bottom wick. So after the opening of the candle, the demand drives the price up to the level, some selling may or may not come and closes in green. This indicates a strong upward biasness of the underlying counter. Similarly, a sell signal appears when the Open price is the High Price. It means there is no upper wick. So there is no buying pressure, since the opening of the candle, sellers are in force and pulls down the price to a closing. This strategy generates the signal at the close of the candle (technically barstate.isconfirmed). Because until the bar is real-time there is no option to know the final closing or high. So you will see the bar on which it generates the buy or sell signal is actually indicates the previous bar as OLH bar. To determine the Stop-Loss, it uses the most widely known SL calculation of: For buy signal, it takes the low of the last 7 candles and substract the ATR (Average True Range) of 14-period. For sell signal, it takes the high of the last 7 candles and add it to the ATR (Average True Range) of 14-period. One can plot the SL lines as dotted green and red lines as well to see visually. Default Risk:Reward is 1:2, Can be customizable. What is Unique? Of course the utter simplistic nature of this strategy is it's key point. Very easy and intuitive to understand. There are awesome strategies in this forum that talks about the various indicators combinations and what not. Instead of all this, in a 15m NSE:NIFTY chart, it generates a good ~ 47% profit-factor with 1:2 Risk Reward ratio. Means if you loose a trade you will loose 1% of account and if you win you will gain 2%. Means 3 trades (2 profits and 1 loss) in a trading session result 3% overall gain for the day. (Assuming you are ready with 1% draw down of your account per trade, at max). Disclaimer: This piece of software does not come up with any warrantee or any rights of not changing it over the future course of time. We are not responsible for any trading/investment decision you are taking out of the outcome of this indicator.
Pine Script™ strategy
by pradipandsuvra
PIVOT STRATEGY [INDIAN MARKET TIMING] A Back-tested Profitable Strategy for Free!! A PIVOT INTRADAY STRATEGY for 5 minute Time-Frame , that also explains the time condition for Indian Markets The Timing can be changed to fit other markets, scroll down to "TIME CONDITION" to know more. The commission is also included in the strategy . The basic idea is when , 1) Price crosses above ema1 ,indicated by pivot highest line in green color . 2) Price crosses below ema1 ,indicated by pivot lowest line in red color . 3) Candle high crosses above pivot highest , is the Long condition . 4) Candle low crosses below pivot lowest , is the Short condition . 5) Maximum Risk per trade for the intraday trade can be changed . 6) Default_qty_size is set to 60 contracts , which can be changed under settings → properties → order size . 7) ATR is used for trailing after entry, as mentioned in the inputs below. // ═════════════════════════// // ————————> INPUTS <————————— // // ═════════════════════════// Leftbars —————> Length of pivot highs and lows Rightbars —————> Length of pivot highs and lows Price Cross Ema —————> Added condition ATR LONG —————> ATR stoploss trail for Long positions ATR SHORT —————> ATR stoploss trail for Short positions RISK —————> Maximum Risk per trade for the day The strategy was back-tested on RELIANCE ,the input values and the results are mentioned under "BACKTEST RESULTS" below . // ═════════════════════════ // // ————————> PROPERTIES<——————— // // ═════════════════════════ // Default_qty_size ————> 60 contracts , which can be changed under settings ↓ properties ↓ order size // ═══════════════════════════════// // ————————> TIME CONDITION <————————— // // ═══════════════════════════════// The time can be changed in the script , Add it → click on ' { } ' → Pine editor→ making it a copy [right top corner} → Edit the line 25 . The Indian Markets open at 9:15am and closes at 3:30pm . The 'time_cond' specifies the time at which Entries should happen . "Close All" function closes all the trades at 3pm, at the open of the next candle. To change the time to close all trades , Go to Pine Editor → Edit the line 103 . All open trades get closed at 3pm , because some brokers don't allow you to place fresh intraday orders after 3pm . NSE:RELIANCE // ═══════════════════════════════════════════════ // // ————————> BACKTEST RESULTS ( 128 CLOSED TRADES )<————————— // // ═══════════════════════════════════════════════ // INPUTS can be changed for better back-test results. The strategy applied to NIFTY ( 5 min Time-Frame and contract size 60 ) gives us 60% profitability y , as shown below It was tested for a period a 6 months with a Profit Factor of 1.45 ,net Profit of 21,500Rs profit . Sharpe Ratio : 0.311 Sortino Ratio : 0.727 The graph has a Linear Curve with consistent profits . The INPUTS are as follows, 1) Leftbars ————————> 3 2) Rightbars ————————> 5 3) Price Cross Ema ——————> 150 4) ATR LONG ————————> 2.7 5) ATR SHORT ———————> 2.9 6) RISK —————————> 2500 7) Default qty size ——————> 60 NSE:RELIANCE Save it to favorites. Apply it to your charts Now !! ↓ FOLLOW US FOR MORE ! Thank me later ;)
Pine Script™ strategy
by The_Algo_Engineer
BankNifty ScriptsBank Nifty Script Indicator provides Daily, Hourly and Weekly EMA's Exponential Moving Averages for different scripts of Bank Nifty Composition. You'll have CMP and % change along with cRSI. Credit to RozaniGhani-RG for cRSI code. Default length is 50 you can change as per your choice. Table display can be set Vertically top, right, bottom and horizontally left, centre, right. cRSI if above > 70 the label will change to Focus on Sell and less than < 30 label will show Focus on Buy Basically created this script for my personal use to see in one shot what's happening in Bank Nifty Composition individual scripts. Hope it helps.
Pine Script™ indicator
by nanujogi
4
Average Daily Range (ADR) (Multi Timeframe, Multi Period)Average Daily Range (ADR) (Multi Timeframe, Multi Period, Extended Levels) Tips • Narrow Zones are an indication of breakouts. It can be a very tight range as well. • Wider Zones can be Sideways or Volatile. What is this Indicator? • This is Average Daily Range (ADR) Zones or Pivots. • This have Multi Timeframe, Multi Period (Up to 3 Levels) and Extended Target Levels. Advantages of this Indicator • This is a Leading indicator, not Dynamic or Repaint. • Helps to identify the reversal points. • The levels are more accurate and not like the old formulas. • Can practically follow the Buy Low and Sell High principle. • Helps to keep minimum Stop Loss. Who to use? • Highly beneficial for Day Traders • It can be used for Swing and Positions as well. What timeframe to use? • Any timeframe. When to use? • Any market conditions. How to use? Entry • Long entry when the Price reach at or closer to the Green Support zone. • Long entry when the Price retrace to the Red Resistance zone. • Short entry when the Price reach at or closer to the Red Resistance zone. • Short entry when the Price retrace to the Green Support zone. • Long or Short at the Pivot line. Exit • Use past ADR levels as targets. • Or use the Target levels in the indicator for breakouts. • Use the Pivot line as target. • Use Support or Resistance Zones as targets in reversal method. What are the Lines? Gray Line: • It the day Open or can be considered as Pivot. Red & Green ADR Zones: • Red Zone is Resistance. • Green Zone is Support. • Mostly price can reverse from this Zones. • Multiple Red and Green Lines forms a Zone. • These lines are average levels of past days which helps to figure out the maximum and minimum price range that can be moved in that day. • The default number of days are 5, 7 and 14. This can be customized. Red & Green Target Lines: • These are Target levels. What are the Labels? • First Number: Price of that level. • Numbers in (): Percentage change and Change of price from LTP (Last Traded Price) to that Level. General Tips • It is good if Stock trend is same as that of the Index trend. • Lots of indicators creates lots of confusion. • Keep the chart simple and clean. • Buy Low and Sell High. • Master averages or 50%.
Pine Script™ indicator
by Arun_K_Bhaskar
70
DMI StrategyThis strategy is based on DMI indicator. It helps me to identify base or top of the script. I mostly use this script to trade in Nifty bank options, even when the signal comes in nifty . It can be used to trade in other scripts as well. Pivot points can also be used to take entry. Long entry is taken when DI+(11) goes below 10 and DI-(11) goes above 40 , whereas short entry is taken when DI-(11) goes below 10 and DI+(11) goes above 40. For bank nifty , I take the trade in the strike price for which the current premium is nearby 300, with the SL of 20%. If premium goes below 10% I buy one more lot to average, but exit if the premium goes below 20% of the first entry. If the trade moves in the correct direction, we need to start trailing our stoploss or exit at the pre-defined target. As this a strategy, there is one problem. While we are in the phase of "long", if again the "long" phase comes, it will not be shown on chart until a "short" phase has come, and vice versa. This has been resolved by creating an indicator instead of strategy with the name of "DMI Buy-sell on chart". Please go through that to get more entry points. Please have a look at strategy tester to back test
Pine Script™ strategy
by email_analysts
Point of Control V2 The genesis of this project was to create a POC library that would be available to deliver volume profile information via pine to other scripts of indicators and strategies. This is a republish of an invite only script to open access This is the indicator version of the library function. A few points of significance: - Allows the choice of reset of the study period, day/week or bars. This is simple enough to expand to other conditions - Bar count resets starting from the beginning of the data set (bar index =0) vs bars back from the end of the data set - A 'period' in this context is the time between resets - the start of the POC (eg. start of Day or Week) until it resets (for example at the beginning of a next day or week) - Automates the determination of the increment level rather than the user specifying ticks or price brackets - Does not allow for setting the # of rows and then calculating the implied price increment levels - When a period is complete it is often useful to look back at the POCs of historical periods, or extend them forward. - This script will find the historical POCs around the current price and display them rather than extend all the historical POC lines to the right - This script also looks across all the period POCs and identifies the master POC or what I call the Grand POC, and also the next 3 runner up POCs This indicator is also available as a library. BINANCE:BTCUSDT NSE:NIFTY OANDA:XAUUSD NASDAQ:AAPL TVC:USOIL
Pine Script™ indicator
by JohnBaron
28
NK Sir's SRTFirst of all I would like to thanks Nitish Sir for teaching us the concept of SRT, which proves to be an excellent tool for Investing. In a year, there are around 248 to 252 trading days . On dividing the same by 2 we get 124. Even 125 / 126 can be taken. We get SRT value by dividing Nifty Spot with 124 SMA value & SRT is applicable on Nifty in a Day Chart. This value ranges in between 0.6 (Low) to 1.38/1.4/1.45/1.5 (High). Ideal Entry in a stock will be at 0.6, which is very rare. You tend to buy at 0.7/0.8/0.9/1.10. Exit from a stock will be at 1.3 - 1.5. However generally we get a value of 0.8/0.9 and we should start investing 20 % of our capital that we have planned to invest. For every 0.1 decrease in SRT Value, we should add 20% to the stock portfolio. Start Booking Profit if SRT value above 1.35 & book 50 % of the portfolio when SRT value is 1.45. For Traders, as an when SRT value comes to 0.8/ 0.9. Buy when Hilega Milega gives us a clear BUY signal on Monthly Time Frame. Stock bought at SRT value of 0.6 tend to double in a year. It generally quite rare to see a SRT Value of 0.6.
Pine Script™ indicator
by apurvaverma
9
sonu1997full banchod Information technology (IT) companies will kick off the first-quarter earnings season in July amid expectations they will post strong revenue growth, offset by pressure on profit margins exerted by higher. wage costs. IT companies including Infosys and HCL Technologies are unlikely to change their full-year guidance despite concerns of a recession in the US and Europe, analysts said. Major IT companies typically announce their earnings for the three months ended June in the first fortnight of July, with Infosys and Tata Consultancy Services leading the pack. The earnings season follows a tumultuous quarter marked by worries over the Russia-Ukraine war, accelerating inflation and tightening of interest rates by global central banks to cool it, supply-chain disruptions, and tumbling financial markets. IT stocks have fallen the most among sectors, with the Nifty IT index correcting 29 percent from its high in January. Higher valuations and rising fears of an economic slowdown, even recession, in the US and Europe, the biggest markets for IT companies, weighed on the sector
Pine Script™ strategy
by Sonu1997
SST Table NewData Table for Update GTT Orders in Stocks.... Updated GTT Order details for SST , also added Relative Strength of Stock compared with NIFTY Index for 55 Days (3 Months) period. RS line plotted on chart… taken reference of close price of day candle… just a bigger picture of actual RS indicator plotted on chart itself... RS line in red color means below zero line (negative) and green color means above zero line (positive). Added code for checking RS value on chart for any previous day.
Pine Script™ indicator
by atulkharadi
9
RSITrendStrategyI don't know if there is any strategy based on RSI cross over. The strategy is designed based on RSI crossover, considering RSI(5) and RSI(11), with RSI(6) to identify highs & lows. I used this strategy to trade in Nifty 50 & Nifty bank indices. Whenever there is long mentioned on chart, I go for buying call option with premium near to 300, and placing stoploss of 50 on candle closing basis, vice versa. Target is open until short is mentioned on the chart. Sometimes, i used standard pivot points as well to mark my targets and also to trail my trades.
Pine Script™ strategy
by email_analysts
SRT Indicator script based on Knowledge sharing by NKIn a year, there are 248/ 252 trading days . Half of this is 124. Even 125/ 126 can be taken. For Ex: We get SRT value by dividing the Nifty Spot with 124 SMA value applied on Nifty in a Day Chart. This value Travels between 0.6 ( Bottom) to 1.38/1.4/1.45/1.5 ( Top). Ideal Entry in stock will be at 0.6, which is very rare. You tend to buy at 0.7/0.8/0.9/1.10. Exit from stock will be at 1.5. However, generally, we get a value of 0.8/0.9 and we should start investing 20 % at a time. For every 0.1 declines, we should add 20 % to the stock portfolio. Start Booking Profit if the SRT value is above 1.35 & book 50 % of the portfolio when SRT value is 1.45. For Traders, as when SRT value comes to 0.8/ 0.9. Buy when HM comes in a buy in Monthly Time Frame. SRT moves between 0.6 to 1.5 and which is a very reliable parameter for Investing. Best time to invest in NIFTY is when SRT is between 0.6 to 0.9, NIFTY returned 2X, 3X or even more in less than a year. Make sure Hilega Milega on Monthly Time frame is BUY before investing at these levels Invest in batches, 30% of your capital when SRT is 0.9 and repeat every 0.1 downside
Pine Script™ indicator
by rvc8280
2