'MA Band Distance Monitor' indicator is a simple tool for traders who rely on moving averages to make trading decisions. This indicator plots two moving averages of your choice (you can select the type of the moving average), and fills the space between them, creating a "band". The indicator also generates a table that displays the current price distance from both...
what is "Trend Oscillator"? it is an indicator for determining the trend. what it does? analyzes the price action by reducing it to 4 different situations. Red means strong bear, orange means bearish, yellow means weak bull and green means strong bull. It was developed to help traders who trade in the direction of the trend and its biggest promise is to simplify...
"In times of great uncertainty, indecision is often the wisest course of action." Introduction: The Indecision Indicator is a custom script for use in Trading View. The script is designed to help traders determine potential reversal points in financial markets, by displaying different levels of indecision or rejection. Glossary: Indecision: Indicates a...
This is an indicator that uses 6 different metrics to determine the combined probability of a recession and compares the high probability warning periods against actual historical periods of recession. GREEN tells us that the referenced recession indicators are not exhibiting any warning. Observe the long stretches of “all-green” in between recessionary periods...
"We're keeping an eye on the market makers, zooming in for a closer look." Spoofing and Volume Point of Control (VPOC) are terms used in the context of market manipulation and market analysis in financial markets. A spoofing detector is a tool developed to detect the spoofing of orders. Spoofing refers to a practice where a market participant places large orders...
Bars with positive MACD histogram value and closing above VWAP are colored, long positions should be taken in areas made of those bars. Similarly, bars with negative MACD histogram value and closing below VWAP are also colored, short positions should be taken there. This indicator by default should be a part of your trend following trading system. In the...
Expected Move Plotter "There is magic in everything new." Introduction: This script is an indicator for financial trading that plots the expected movement of a security based on the average range over the last five periods. The script is written in Pine Script, a high-level programming language used for creating technical indicators, strategies, and other...
Support & Resistance drawn based on overbought & oversold RSI . where the overbought acts as resistance and oversold acts as support. It has 2 levels (for support and resistance - i call them level_n_high or level_n_low) for each lookback period. it checks the highest pivot and the lowest pivot based on the lookback period then we compare if rsi is higher than...
Do you want your charts to look like a video game? Look no further! Would you rather be an alien racing through a lava tube, a surfer with great white sharks, an airplane flying through the clouds, or some other custom emoji setup of your choice? Traders can choose their own custom player emoji, trend indicator, obstacle emoji, and celestial emoji. This indicator...
This script shows how money is moving among different sectors using relative-strength of the corresponding sector-specific largest ETFs against MSCI World. Trend and current value of Relative-strength can be used to determine the sector in which you should make your investment at this point, considering the movement in markets.
A “ Fibonacci Levels Based on Supertrend ” indicator is supertrend indicator planned with Fibonacci retracements levels. Fibonacci retracements provides a sequence of levels starting from 0% to 100% in addition to extension levels. 0% is measured to be the initial Supertrend line, and 100% is the previous Supertrend line where it has been broken by candle. This...
This is a simple indicator to find the sideways market or ranging market. It is mainly focused on BTCUSD as BTCUSD doesn’t make big moves each and every candle. It makes big breakouts with one candle and then goes sideways for a longer period of time. So, this indicator identifies those big candles and plots high and lows of those big candles using lines. New...
The Break and Retest indicator strives to provide a visual aid for spotting areas of continuation and pullbacks. Support and resistance levels are drawn out automatically and have sequential conditions in place to determine a breakout following an eventual retest. Additionally, there are methods in place that try and detect liquidation events and still output a...
Use this indicator to plot the federal funds futures implied rates term structure against historical curves Based upon the work of @BarefootJoey, @longfiat, @OpptionsOnly
Have you ever noticed that prices seem to stick to certain “round numbers” like $1250, $1300, or $1350? It’s not just your imagination — these round numbers can actually act as psychological levels in the market, influencing trader behavior and shaping price action. But why do traders care so much about these round numbers? It all comes down to our psychological...
█ OVERVIEW "ADX" is a popular technical analysis indicator used to determine trend strength. Advanced ADX is divided in two main sectors: Default ADX Higher time frame ADX analysis and trend phase █ DESCRIPTION You have two ADX's, One has the same time frame as your chart and the other one can be set by yourself in settings, Named Vision time frame. Default...
The combination of the DXY and US02Y can be used to gauge market sentiment and assess the state of the global economy. When the DXY is rising, it indicates that the U.S. dollar is strengthening relative to other currencies, which can lead to increased risk aversion among investors as the U.S. dollar is often seen as a safe-haven currency. When the US02Y is...
Body / Range is a volatility indicator that shows how many percentages the body candle occupies the range. The ratio tells us about the health and confidence of the current candlestick. Since overall candle Range is always bigger than the body range, Body/Range indicator will always fluctuate inside a range of 0 and 100%. I didn't use True Range because it...