✔ Intro As a day trader, this is one of my main strategies to trade with, I have been developing this strategy last 6 months. this strategy helps me make great trades more confident. I wish this could help you make great trades as well ✔ OVERVIEW This is a combination of linear regression for trend analysis and auto plot channel and divergences for 9...
Description An experimental script that prints quarter levels of the previous timeframe's high and low to the current timeframe. The idea is quite simple and is basically the Fibonacci pivoted on the previous high and low with quarter level settings (0,0.25,0.5,0.75,1 etc). The default setting is the previous daily high and low but can be customized on user...
This script is a further exploration of 'ticks' (only on realtime - live bars), based on my previous script: - www.tradingview.com - What are 'ticks'? ... Once the script’s execution reaches the rightmost bar in the dataset, if trading is currently active on the chart’s symbol, then Pine indicators will execute once every time an update occurs, i.e., price...
This study is a functional enhancement to conventionally used Ichimoku Clouds . It uses particular effective adaptive parameters (Relative Volume Strength Index (MZ RVSI ), Volatility and Chikou Backward Trend Filter) to adapt dynamic lengths for Kijun-sen, Tenkan-sen, Senkou-span and Chikou . This study uses complete available Ichimoku...
I created this indicator/study script because i ran into the issue that the same Alerts would fire multiple times. For example it would trigger a Long signal when already being in a Long. I guess there would be no issue with a very basic strategy but with a larger script and many variables, it seemed to create complications. This is resolved by a TradingLine...
Hello * Line Color Red: Downtrend * Line Color Yellow: Strict Monitoring for trend violation or change * Line Color Green : Rising trend * Red Bubble: Start of price bubble formation * Red Bubbles : Correction expectation increased * Green Bubble: Price low level * Green Bubbles: Onset of rise, expectation of reaction * We have a fixed line on the graphic...
The Spent Output Profit Ratio (SOPR) is computed by dividing the realized value (in USD) divided by the value at creation (USD) of a spent output. Or simply: price sold / price paid. This metric was created by Renato Shirakashi. The indicator provides insight into macro market sentiment, profitability and losses taken over a particular time-frame. It reflects the...
Display all US Treasury Yields and highlight if the specified period is inverse. Visualizing the reverse spread in U.S. Treasuries may help us capture the signs of a recession. Contains : TVC:US30Y TVC:US20Y TVC:US10Y TVC:US07Y TVC:US05Y TVC:US03Y TVC:US02Y TVC:US01Y TVC:US06MY TVC:US03MY TVC:US02MY TVC:US01MY 30Y-20Y 10Y-5Y 10Y-2Y 7Y-5Y 5Y-2Y 3Y-2Y 10Y-1Y 10Y-3M
In the budget speech for FY 2023, market borrowing of 14.95 lakh crore from the market. In the Feb MPC meeting, the RBI brought down its estimates of growth and inflation potentially signaling that economy is/will go through a demand slowdown. Now in a slowing economy, the govt. finances will be affected. Therefore, to bring back the economy on the fiscal...
This simple indicator prints a red band when US markets experience a recession. This data is taken directly from the Federal Reserve via TradingView. This script is a good pair with my Treasury Yield Spread 10y-2y indicator.
A simple indicator to show inversions of the US Treasury yield curve, specifically between the 2yr and 10yr yields. A colored band prints when the 2yr treasury yield surpasses the 10yr, indicating an inversion of the yield curve. This indicator is for educational purposes only.
This is a Visual Indicator intended to be a reminder to those who need it! This indicator allows you to set a profit level and displays the calculated values if you were to profit that amount each day. The vision of this indicator is to get the user more green trades by reminding them to get out while they're ahead, because there are more days ahead! It also...
This super indicator is a Swiss army knife for Smart Money traders for OrderBlocks / FVG / BoS It provides many options for drawing (non-repainting) boxes for OrderBlocks, Fair Value Gaps (FVG) and Break of Structures. The boxes are extended into the future, until the first retest/mitigation. Some of the additional options (not explained in the diagrams above) ...
True Bar Volume, or TB Volume, is an indicator that measures the volume against the price action that has occurred. Volume can sometimes be miss leading as it does not necessary show whether it had an impact on the price of the underlying, as one individual (represented as one volume) who has put $100 into the underlying can impact the underlying the same as...
Day's high and low with Candle high low. It shows high and low of the day. Previous candle high and low is shown.
This indicator allows to compare relative performance of two indices or securities. It is the update of the previous version rewritten in Pine Script 5 version.
Flip a coin every Monday. Heads, go long. Tail, go short. Stoploss at 1 ATR, and Take profit at 1 ATR too. 1:1 risk to reward ratio. After backtesting 2018, 2019, and 2020 with 28 major currency pairs. We are getting close to a 50% win rate with an 8% standard deviation. Believe it or not, this simple performs better than lots of the popular indicators out...
With this script I aim to explore 'ticks' a bit more (only on realtime - live bars). ... if trading is currently active on the chart’s symbol, then Pine indicators will execute once every time an update occurs, i.e., price or volume changes ... ( www.tradingview.com ) On every bar, everything gets reset. During bar development, every time there is an update...