Another useful indicator is here! Kalman Filter is a quantitative tool created by Rudolf E. Kalman. In the case of trading, it can help smooth out the price data that traders observe, making it easier to identify underlying trends. The Kalman Filter is particularly useful for handling price data that is noisy and unpredictable. As an adaptive-based algorithm, it...
This indicator displays the Commitment of Traders (COT) report data in a clear, table format similar to an Excel spreadsheet, with additional functionalities to analyze open interest and position changes. The COT report, published weekly by the Commodity Futures Trading Commission (CFTC), provides valuable insights into market sentiment by revealing the...
Get a clear view of US market liquidity and monitor its status at a glance to anticipate movements on risky assets. The Idea The BML aggregates and analyzes total USD market liquidity in trillions of dollars. It is used to monitor the liquidity of the USD market. When liquidity is good, all is well. If liquidity is low, the US will maneuver and sell treasury...
GENERAL OVERVIEW Price Scenarios - The Quant Science is a quantitative statistical indicator that provides a forecast probability about future prices moving using the mathematical-statistical formula of statistical probability and expected value. HOW TO USE The indicator displays arrow-shaped signals that represent the probable future price movement...
█ Overview The Day/Week/Month Metrics (Zeiierman) indicator is a powerful tool for traders looking to incorporate historical performance into their trading strategy. It computes statistical metrics related to the performance of a trading instrument on different time scales: daily, weekly, and monthly. Breaking down the performance into daily, weekly, and...
Happy Trade, here you get the opportunity to backtest any of your indicators like a strategy without converting them into a strategy. You can choose to go long or go short and detailed time filters. Further more you can set the take profit and stop loss, initial capital, quantity per trade and set the exchange fees. You get an overall result table and even a...
The Index Investing indicator simplifies decision-making for adding to Index ETF's Long-term investments. By utilizing a percentage discount methodology, it highlights potential opportunities to enhance portfolios. This straightforward tool aids in identifying favorable moments to invest based on calculated price discounts from selected reference points, making...
Description: Calculates the mean and standard deviation of close-to-close price differences over a specified period, providing insights into price volatility and potential breakouts. Manually calculates mean and standard deviation for a deeper understanding of statistical concepts. Plots the mean line, upper bound (mean + standard deviation), and lower bound...
0). INTRODUCTION: "MTF TREND-PANEL-(AS)" is a technical tool for traders who often perform multi-timeframe analysis. This simple tool is meant for traders who wish to monitor and keep track of trend directions simultaneously on various timeframes, ranging from 1MIN to 3MONTHS (or other - 'DIFF') script enhances decision-making efficiency and provides a clearer...
In developing the "Likelihood of Winning - Probability Density Function (PDF)" indicator, my aim was to offer traders a statistical tool to quantify the probability of reaching target prices. This indicator, grounded in risk assessment principles, enables users to analyze potential outcomes based on the normal distribution, providing insights into market...
This indicator shows "SSR" on the chart when SSR "Short Sale Restriction" is activated on the ticker. SSR "Short Sale Restriction" or "alternative uptick rule" is a rule introduced by the SEC that prohibits shorting on the bid when a stock has dropped more than 10% from the prior days close in the regular trading hours. It will stay activated for the day it has...
The Semaphore Plot V2, crafted by OmegaTools for the TradingView platform, is a sophisticated technical analysis tool designed to offer traders nuanced insights into market dynamics. This closed-source script embodies a novel approach by synthesizing multiple technical analysis methodologies into a coherent analytical framework. This detailed description aims to...
█ Description This Pine Script indicator implements fractional differentiation, a mathematical operation that extends the concept of differentiation to non-integer orders. Fractional differentiation is particularly significant in financial analysis, as it enables analysts to uncover underlying patterns in price series that are not evident with traditional...
What are Bandwidth Bands? This indicator uses Silverman Rule of Thumb Bandwidth to estimate the width of bands around the rolling moving average which takes in the log transformation of price to remove most of price skewness for the rest of the volatility calculations and then a exp() function is performed to convert it back to a right skewed distribution. These...
█ OVERVIEW The indicator tracks when the weekly tops and bottoms occur and reports the statistics by the days of the week. █ CONCEPTS Not all the days of the week are equal, and the market dynamic can follow through or shift over the trading week. Tops and bottoms are vital when entering a trade, as they will decide if you are catching the train or being...
A simple tool for setting performance targets. Level Presets (BLP) is a simple tool for setting upside and downside levels relative to the current price of any asset. In this way, you can track which price the asset needs to move towards in order to achieve a defined performance. How to Use This indicator is very easy to use, you can set up to 5 upward and...
The output of this TradingView indicator is a label that appears below the latest candle on the chart. This label provides information about: The highest high of the last N candles. The highest close of the last N candles. The current trading price. The percentage difference between the highest high and the current trading price. The percentage difference between...
Heyo fellas, In today’s dynamic economic landscape, understanding the relationship of market prices to other economical factors like inflation rate is crucial. The Inflation Correlation Indicator is designed to provide traders with a clear visualization of this relationship. By correlating average inflation rates from selected countries with market closing...