This is Part 1 of 2 from the 42MACRO Recreation Series The CE - 42MACRO Equity Factor Table is a whole toolbox packaged in a single indicator. It aims to provide a probabilistic insight into the market realized GRID Macro Regime, use a multiplex of important Assets and Indices to form a high probability Implied Correlation expectation and allows to derive extra...
Hello everyone, This is the linear modeler indicator. It is a statistical based indicator that provides a likely price target and range based on a linear regression time series analysis. To represent it visually, all the indicator does is it represents a linear regression channel and actually plots out the range at various points based on the current trend...
The Indicator The Indicator combines volatility and frequency distributions to forecast an area of possible price expansion with an approximate confidence interval / level and level of significance (significance level). The Script Formula Additional comments To alter the models forecasting precision to reflect a given confidence interval, e.g the 90%...
This chart overlay offers multiple candlestick display options. The Regular (Japanese) and the Heikin-Ashi candles are well known. The Mari-Ashi (or Renko) option is something special as it should be timeframe independent, so that sideways action should be represented in one candle. That is difficult to realize as an overlay on the normal candlestick structure,...
Hello! Just a quick/fun project here: "Dynamic Heatmap". This script draws a volume delta or open interest delta heatmap for the asset on your chart. The adjective "Dynamic" is used for two reasons (: 1: Self-Adjusting Lower Timeframe Data The script requests ~10 lower timeframe volume and open interest data sets. When using the fixed range feature the...
█ Overview The Volume SuperTrend AI is an advanced technical indicator used to predict trends in price movements by utilizing a combination of traditional SuperTrend calculation and AI techniques, particularly the k-nearest neighbors (KNN) algorithm. The Volume SuperTrend AI is designed to provide traders with insights into potential market trends, using...
Indicator Description: Historical Comparative Price Analysis The Historical Comparative Price Analysis indicator serves as a comprehensive tool for evaluating price changes over distinct trading periods. By configuring the date settings, the indicator captures the percentage change data for each individual day or month, facilitating a clear historical...
The Clownpumps Higher/Lower Close Analysis" (HLCA) indicator offers a visual breakdown of the weekly behavior of a market, illustrating how often it closes higher or lower than its opening price. This comprehensive tool assists traders and analysts in pinpointing recurrent patterns that pertain to specific weekdays, forming a solid basis for a systematic trading...
This indicator "Market Sessions and TPO (+Forecast)" shows various market sessions alongside a TPO profile (presented as the traditional lettering system or as bars) and price forecast for the duration of the session. Additionally, numerous statistics for the session are shown. Features Session open and close times presented in boxes Session pre market...
█ Overview The Machine Learning Momentum Index (MLMI) represents the next step in oscillator trading. By blending traditional momentum analysis with machine learning, MLMI delivers a potent and dynamic tool that aligns with the complexities of modern financial landscapes. Offering traders an adaptive way to understand and act on market momentum and trends,...
█ Overview The Candles In Row (Expo) indicator is a powerful tool designed to track and visualize sequences of consecutive candlesticks in a price chart. Whether you're looking to gauge momentum or determine the prevailing trend, this indicator offers versatile functionality tailored to the needs of active traders. The Candles In Row indicator can be an...
Hello Traders This Trading Indicator / script is my interpritation of the use of shannons entropy in Trading, hope you find this usefull !!! Information Entropy Oscillator : In Physics, entropy is a concept and a measurable physical property that is most commonly associated with the state of disorder, randomness or uncertainty of a system. In the...
█ Overview In the evolving landscape of trading and investment, the demand for sophisticated and reliable tools is ever-growing. The AI Trend Navigator is an indicator designed to meet this demand, providing valuable insights into market trends and potential future price movements. The AI Trend Navigator indicator is designed to predict market trends using...
This indicator marks the opening, high, and low of the Globex range in futures (6 PM ET - 9:30 AM ET). In addition, it also will calculate and plot the 1st and 2nd standard deviations above and below the globex range. These levels can be used as support and resistance in the New York session (9:30 AM ET - 4 PM ET). Price often respects the globex range to some...
This Extended Moving Average Library is a sophisticated and comprehensive tool for traders seeking to expand their arsenal of moving averages for more nuanced and detailed technical analysis. The library contains various types of moving averages, each with two versions - one that accepts a simple constant length parameter and another that accepts a series or...
This Normal Distribution Curve is designed to overlay a simple normal distribution curve on top of any TradingView indicator. This curve represents a probability distribution for a given dataset and can be used to gain insights into the likelihood of various data levels occurring within a specified range, providing traders and investors with a clear visualization...
// Purpose: -To show High of Week (HoW) day and Low of week (LoW) day frequencies/percentages for an asset. -To further analyze Day of Week (DoW) tendencies based on averaged data from all various custom weeks. Giving a more reliable measure of DoW tendencies ('Meta Averages'). -To backtest day-of-week tendencies: across all asset history or across custom user...