The "Risk Radar Pro" indicator is a sophisticated tool designed to help investors and traders assess the risk and performance of their investments over a specified period. This presentation will explain each component of the indicator, how to interpret the results, and the advantages compared to traditional metrics. The "Risk Radar Pro" indicator includes several...
Overview As an Ichimoku trader, I've always found it crucial to understand the broader market sentiment before entering trades. That's why I developed this Macro Risk On/Off Sentiment Indicator. It's designed to provide a comprehensive view of global market risk sentiment by analysing multiple factors across different asset classes. By combining nine key market...
This powerful indicator plots the number of growth stocks in an uptrend, providing a comprehensive view of the market's overall direction. By applying a simple moving average, users can quickly gauge the trend and make informed trading decisions. How does it work? The script pulls tickers from the S & P 500 Growth ETF. It then plots the number of stocks from the...
Indicator Name: Asian Range Indicator Description: This TradingView indicator is designed to accurately detect the price range during the Asian session, based on our trading strategy. This range is crucial for planning trades in the European and American sessions. Using advanced algorithms, the indicator automatically identifies and plots the highs and lows...
Shows you the opening price of a certain time of day. I will show as line starting from the time selected and ending a few bars into the future. Available times are the ones ICT said are relevant for framing a premium and discount using opening prices: 00:00, 8:30 and 13:30. To show all 3 you have to add the indicator 3 times. The script offers some customization...
Indicator Description : This indicator combines several trading concepts to provide an overall view of intraday selling opportunities. It includes the following elements: Daily Range: Measures the daily price range between the highest and lowest points of the day. Helps understand daily volatility and identify potential support and resistance levels. Asia...
General Overview The "Six Pillars" indicator is a comprehensive trading tool that combines six different technical analysis methods to provide a holistic view of market conditions. These six pillars are: Trend Momentum Directional Movement (DM) Stochastic Fractal On-Balance Volume (OBV) The indicator calculates the state of each pillar and presents...
Introduction The RV - RSI B/S V1.2 indicator leverages the RSI to identify overbought and oversold conditions in the market. The RSI line color changes according to bullish, bearish, oversold, and overbought zones, helping users identify direction and avoid false trades. By plotting the RSI along with user-defined moving averages and Bollinger Bands, it offers a...
The Multi Exchange Relative Volume indicator is a powerful tool designed to visualize the relative volume across different exchanges. This is particularly useful for decentralized securities like forex and crypto, where volume data is spread across multiple markets. By aggregating volume data from various exchanges, this indicator helps traders identify trends,...
Overview Inspired by Matt Carusos's FOMO indicator, this breadth indicator is designed to provide a visual representation of the percentage of stocks within major indices that are trading above their 5-day moving average. Functionality The indicator plots the percentage of stocks trading above their 5-day moving average for the following indices: S&P 500 ...
The "Market Inner Strength Index" is an indicator designed to visually represent the market strength by analyzing the six major sectors: XLK, XLV, XLF, XLY, XLC and XLI. These sectors represent more than 80% of the SPX index, making their performance crucial for understanding overall market conditions. The indicator calculates the individual strengths of these...
Purpose: This indicator calculates and plots the distance in percentage between the current price and a specified moving average. The distance is displayed in a separate window below the main price chart. Features: Configurable Moving Average Period: You can set the period for the moving average calculation. Multiple Moving Average Methods: The indicator...
Opening 5-Minute Range Candle (A): This represents the price range during the first 5 minutes of the trading day. You can plot this as a vertical line connecting the high and low of the 5-minute candle. Additionally, you can display the range values (high and low) as labels or in a table. Multiply Opening Range Candle (A) with π (PI) Value (B): Calculate the...
1. Identification of Candlestick Patterns: The script checks each candlestick to determine if it meets the criteria for a "no wick" pattern. For bullish candles, it identifies those with no bottom wick, where the open price is equal to the low and the close price is greater than the open. For bearish candles, it identifies those with no top wick, where the open...
This indicator identifies days where the number of new 52-week lows for all issues exceeds a user-defined threshold (default 4%), potentially signaling a market downturn. The background of the chart turns red on such days, providing a visual alert to traders following the "Bloodbath Sidestepping" strategy. Based on: "THE RIPPLE EFFECT OF DAILY NEW LOWS," By Ralph...
**SHOULD BE USED ON THE S&P 500 ONLY** The S&P Short-Range Oscillator (SRO), inspired by the principles of Jim Cramer's oscillator, is a technical analysis tool designed to help traders identify potential buy and sell signals in the stock market, specifically for the S&P 500 index. The SRO combines several market indicators to provide a normalized measure of...
Description of the script "Smart Money Analysis with Golden/Death Cross": This TradingView script is designed for market analysis based on the concept of "Smart Money" and includes the detection of Golden Cross and Death Cross signals. Key features of the script: Moving Averages (SMA): Two moving averages are calculated: a short-term (50 periods) and a...
Breadth Indicators NYSE - transmits the processed data from the Barchart provider NYSE - Breadth Indicators S&P 500 - Breadth Indicators DOW - Breadth Indicators RUSSEL 1000 - Breadth Indicators RUSSEL 2000 - Breadth Indicators RUSSEL 3000 - Breadth Indicators Moving Average - 5, 20, 50, 100, 150, 200 The "Percentage above 50-day SMA" indicator measures...