The Weighted Global Liquidity Index (WGLI) provides a comprehensive view of major central bank balance sheets from around the world, using data converted to USD for consistency and expressed in trillions. This indicator includes specific US accounts like the Treasury General Account (TGA) and Reverse Repurchase Agreements (RRP), which are subtracted from the...
Hey people! Thanks for using Expansion Candles. I designed this tool to help me identify price runs (expansions) based on consecutive bullish or bearish candle closes and then trade continuations on the lower timeframes. Here's what makes it awesome: How Does It Work? An “expansion” is confirmed after multiple closes above the previous candle’s high (in the...
This script provides a dynamic adaptive regression band indicator that adjusts based on recent market volatility. The regression bands are calculated using a length parameter adapted to the ATR (Average True Range) to ensure responsiveness to market conditions. Key Features: Dynamic Length Adjustment: The length of the regression calculation is adjusted...
The "Median Moving Average" (MMA) It allows users to select from two moving average lengths—short and long—and plots the median moving average, which is the midpoint between these two averages. Colored green for upward trends and red for downward trends, enhancing visual analysis. Additionally, users can choose from a range of moving average types including...
Simple script that adds a table to the bottom left of the chart - shows the high and low of the Full Session with range, and shows the high and low of the RTH/USA session with same calculations. This simple script enhances your charting experience by adding a comprehensive table to the bottom left corner of your trading chart. The table is designed to provide key...
█ Introduction and How it is Different The Dual RSI Differential Strategy introduces a nuanced approach to market analysis and trading decisions by utilizing two Relative Strength Index (RSI) indicators calculated over different time periods. Unlike traditional strategies that employ a single RSI and may signal premature or delayed entries, this method leverages...
Indicator Overview The "Matt Liq Lines" indicator is designed to help traders identify significant price levels where high-volume trading occurred. These levels are often referred to as liquidation levels and can act as support or resistance in the market. The indicator plots horizontal lines on the chart at these identified levels, helping traders make informed...
I've noticed that many Pine coders calculate buy and sell volumes by considering the volume of a bullish candle as buy volume and the volume of a bearish candle as sell volume. However, I believe this approach isn't very logical, especially for candles with long wicks like pinbars. Therefore, I've devised a method to calculate the buy and sell volumes of a...
Trend Angle Indicator Description The Trend Angle Indicator is designed to measure the strength of a trend by calculating the angle of the trend. Specifically, it computes the angle of a Simple Moving Average (SMA) over a specified length and then applies an Exponential Moving Average (EMA) to the angle for smoothing. This approach provides a clear...
ALT Trend Detection Indicator Overview: The "ALT Trend Detection" indicator is designed to help traders analyze the relationship between Bitcoin's dominance, Bitcoin's price, and the potential impact on altcoin prices. This indicator uses various time frames and average true range (ATR) calculations to detect trends and provide insights into the altcoin market...
Description: The Pivot Points indicator is a powerful tool for identifying potential support and resistance levels based on previous price action. It calculates key pivot levels (P), along with support (S1, S2) and resistance (R1, R2) levels, which are used to forecast potential turning points in the market. Key Features: Pivot Calculation: Based on the...
Versatile Moving Average Strategy (VMAS) Overview: The Versatile Moving Average Strategy (VMAS) is designed to provide traders with a flexible approach to trend-following, utilizing multiple types of moving averages. This strategy allows for customization in choosing the moving average type and length, catering to various market conditions and trading...
This indicator utilizes multiple moving averages (MAs) of different lengths their difference and its rate of change to provide a comprehensive view of both short-term and long-term market trends. The output signal is characterized by its non-sinusoidal nature, offering distinct advantages in trend analysis and market forecasting. Combining the difference between...
Daye's Quarterly Theory Indicator Description The Daye's Quarterly Theory Indicator divides trading time into smaller units to help traders identify potential accumulation, manipulation, distribution, and reversal/continuation phases within a day. It applies these time divisions to your charts, offering visual guidance aligned with ICT's PO3 concept: Accumulation...
The HRC (Hash Rate Capitulation) indicator is a measure of hash rate trend strength. It is the fractional difference between a long and a short simple moving average (SMA) of the bitcoin hash rate. Historically, the 21-day and 105-day SMA work well for this indicator. The hash rate generally increases over time, but when the short SMA crosses below the longer-term...
Dynamic Trendline Bands with Buy/Sell Pressure Detection This indicator provides a comprehensive analysis of price movements by incorporating smoothed high and low bands, a midline, and the detection of buying and selling pressure. It is designed to help traders identify key support and resistance levels as well as potential buy and sell...
█ OVERVIEW The Open High Low Close indicator is a powerful trading tool which generates resistance and support levels based on the previous day’s Open, High, Low and Close prices. These levels may act as strong levels of support and resistance, granting traders insight into key price levels. The aim of this script is to simplify the trading experience of users...
This is a simple indicator that aids the trader in being able to visualise each trading day of the week; Key Features Weekly Open Line Daily Open Line Option for Background Lines Weekly & Daily Open Lines Information ℹ️ These are vertical lines that are anchored to the hour of the Weekly Open and the hour of each Daily Candle Open. The settings...