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Diamonds✋ Experimental script where a diamond shape is created by making 4 lines around each bar which touches the edge of the bar. 𒀸 Example of how it works:       Create the left upper line:               A) Calculate middle of the bar        B) Calculate which one is highest -> close or open            'Draw' imaginary line from A to B (A starts 1 bar back)             Adjust height of A by adding 2/3 of the difference between A & B     𒓕 That's it! 𒀸 This technique can be developed further by anyone who's inspired.      •  For now, I've just added an option where you can extend 2 lines of 1 specific bar         𒓕 Settings ➺ extend lines ➺ toggle on/off ➺ type ➺ which bar back 𒀸 X bars back sets the max bars in history     •  Since this script uses line.new()   , this results in maximum 500 lines to be drawn.         Each Diamand Bar contains 4 lines, resulting in maximum 125 Diamond Bars . 𒀸 Standard Candles ~ Diamond Bars Cheers!
Pine Script™ indicator
by fikira
11
BTMM R.NOODLEThis script aims to encompass the style of Traders Reality, Steve M (BTTM), and Stacey Burke (youtube) yesterday and last wk high and low Custom watermark with examples (good for fullscreen multicharts) can set it to show the year and week x of year Colored candles for ays of week. The theory behind these colors are that monday and tuesday set your initial balance for the week . having color seperation helps identify the balance mon-tues = initial balance :green wed +thu : blue friday: red Session boxes and daily initial balance displays the asian and european trading session as one displays the ny session first 3 hrs how to combine sessions, weekly ib, daily ib, and sessions will add pip lines 00/.50 increments at a later date
Pine Script™ indicator
by MatrixEdge
14
Market Sessions Day & Candles JRA V2.0Market Sessions Day & Candles JRA V2.0 This indicator will allow you to: - Create boxes for the Market Hours for: '♯1 SESSION TOKYO' '♯2 SESSION LONDON' '♯3 SESSION NEW YORK' You will be able to change the Hours depending your TimeFrame You will be able to extend the boxes for the Market Hours and Have Fibonacci Levels on it. - With every one of it you can change the style of Box for the Market Hours - You can show Labels for the Market hours as well other options like Price or Pips - Show the Candles for the TimeFrames depending your settings - You can change the Candles settings to be Candle or Bar - Candle Resolution on Timeframe -Maximum candles to Display -Show or Unshown Timeframes Candles -Change colors on candles Every option has a Tip to understand the function to it
Pine Script™ indicator
by JRobertAlva
4
Adaptive Deviation [Loxx]Adaptive Deviation is an educational/conceptual indicator that is a new spin on the regular old standard deviation. By definition, the Standard Deviation (STD, also represented by the Greek letter sigma σ or the Latin letter s) is a measure that is used to quantify the amount of variation or dispersion of a set of data values. In technical analysis we usually use it to measure the level of current volatility. Standard Deviation is based on Simple Moving Average calculation for mean value. This version of standard deviation uses the properties of EMA to calculate what can be called a new type of deviation, and since it is based on EMA, we can call it EMA deviation. And added to that, Perry Kaufman's efficiency ratio is used to make it adaptive (since all EMA type calculations are nearly perfect for adapting). The difference when compared to standard is significant--not just because of EMA usage, but the efficiency ratio makes it a "bit more logical" in very volatile market conditions. The green line is the Adaptive Deviation, the white line is regular Standard Deviation. This concept will be used in future indicators to further reduce noise and adapt to price volatility. Included Loxx's Expanded Source Types
Pine Script™ indicator
by loxx
Dollar Index (DXY) Candles [Loxx]Dollar Index (DXY) Candles is an educational/experimental indicator that attempts to recreate the Dollar Index DXY: TVC:DXY .This is useful so others traders can see how the DXY is calculated. The U.S. Dollar Index (USDX, DXY, DX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies. The Index goes up when the U.S. dollar gains "strength" (value) when compared to other currencies. The index is maintained and published by ICE (Intercontinental Exchange, Inc.), with the name "U.S. Dollar Index" a registered trademark. It is a weighted geometric mean of the dollar's value relative to following select currencies: Euro (EUR), 57.6% weight. Japanese yen (JPY) 13.6% weight. Pound sterling (GBP), 11.9% weight. Canadian dollar (CAD), 9.1% weight. Swedish krona (SEK), 4.2% weight. Swiss franc (CHF) 3.6% weight. USDX = 50.14348112 × EURUSD^-0.576 × USDJPY^0.136 × GBPUSD^-0.119 × USDCAD^0.091 × USDSEK^0.042 × USDCHF^0.036 These candles won't match the ticker DXY dollar for dollar, but it comes very close. Either way, the general trend and volatility of this synthetic recreation is the same as the DXY. Read more here: en.wikipedia.org
Pine Script™ indicator
by loxx
2
FALGUN INDICATOR WITH SAR V1.0This script is a trend-following system that uses a long-term and Short-term Moving Average to spot the trend. Default Settings and Calculation: - The trend is detected using the Simple Moving Average on 200 periods and 30 Periods. - The Market is considered an Uptrend when the price closes above the 30 and 200 Moving Averages. - The Market is considered in a Downtrend when the price closes below the 30 and 200 Moving Averages. This script is best suited for all timeframes. The options allow for modification of the type of moving average to use.
Pine Script™ indicator
by VivekGandharva
1
Multi TF Trend Indicator ...Mark Douglas in his book Trading in the Zone wrote The longer the time frame, the more significant the trend, so a trending market on a daily bar chart is more significant than a trending market on a 30-minute bar chart. Therefore, the trend on the daily bar chart would take precedence over the trend on the 30-minute bar chart and would be considered the major trend. To determine the direction of the major trend, look at what is happening on a daily bar chart. If the trend is up on the daily, you are only going to look for a sell-off or retracement down to what your edge defines as support on the 30-minute chart. That's where you will become a buyer. On the other hand, if the trend is down on the daily, you are only going to look for a rally up to what your edge defines as a resistance level to be a seller on the 30-minute chart. Your objective is to determine, in a downtrending market, how far it can rally on an intraday basis and still not violate the symmetry of the longer trend. In an up-trending market, your objective is to determine how far it can sell off on an intraday basis without violating the symmetry of the longer trend. There's usually very little risk associated with these intraday support and resistance points, because you don't have to let the market go very far beyond them to tell you the trade isn't working. The purpose of this indicator to show both the major and minor trend on the same chart with no need to switch between timeframes Script includes timeframe to determine the major trend price curve, close price is default, but you can pick MA you want type of coloring, either curve color or the background color Implementation details major trend is determined by the slope of the price curve Further improvements a variation of techniques for determining the major trend (crossing MA, pivot points etc.) major trend change alerts Thanks @loxx for pullData helper function
Pine Script™ indicator
by beskrovnykh
Simple LevelsSimple Level provides a (you guessed it) simple user to user level sharing experience, with less boxes, less formatting, and less hassle. Simply insert your levels into the input box, separated by commas. That's it. Example: 1,2,3,4,5 The Simple Levels indicator will automatically color your lines based on their position to the current close price. If the level is crossed, the level line will change color. This indicator is intended for those who just want to skip filling out boxes or typing in a tricky format, and cut to the chase. There are additional, nice-to-have settings as well for the "more" technically inclined; however, nothing too complicated. Enjoy!
Pine Script™ indicator
by SamRecio
2
Inspirational WatermarkPreface: I wanted code that could display a different string of text whenever the bar changed. Viewing a long string of text on the chart can look messy & crowded, so the string of text is displayed as a tooltip when hoving over the user-customizable watermark text/emoji. About the Indicator: This is a simple educational script where I hand-picked 60-ish quotes related to trading and included them as tooltips in a watermark indicator. The indicator includes a bank of preset quotes, and calls a random quote upon each bar change. Advantages of a watermark include claiming idea ownership as well as preventing simple copy-paste idea piracy/resale/repost. The trader can fully customize the on-screen watermark text. The trader has the option to display the watermark as either a table or a label. Tables are stationary but easy to crop out, while labels move around but are difficult to crop out. Choose the right watermark type depending on the level of idea ownership & protection you require. Features: Fully customizable watermark type, text, size, color, and position. ‼ IMPORTANT: Hover over the watermark to read a famous trading quote that changes every candle. Consider moving this indicator to the front of the visual order. ⚠ DISCLAIMER: Not financial advice. Not a trading system. DYOR. I am not in any way affiliated with any of the quoted authors.
Pine Script™ indicator
by BarefootJoey
1
High low volatile its purpose to make this script is learning how many spread on each product. its help trader and me to estimate spread of High and low for make a better trade Money management : Its also useful to help trader to manage number of lot to take a risk on that trade How it work? I use High and low to calculate the different between on them and I add an EMA 10 and EMA 200 to estimate spread of each product in many bar On second picture , I use it on GOLD 1H timeframe . You can see that Gold in hour trade on my country time (thailand) It has more spread on 19.00-23.00 pm (in US time is 7.00-11.00) It help trader to set time when to trade and when to leave thank you
Pine Script™ indicator
by NutnonZz
2
FUNCTION: Limited Historical Data WorkaroundFUNCTION: Limited Historical Data Workaround If you are working with bitcoin weekly charts, or any other ticker with a low amount of price history this function may help you out. For example you want to apply indicators to some shitcoin that just launched? This can help you. It can be frustrating to use certain built-ins since they will only give an output once the full lookback length is available. This function allows you to avoid that situation and start plotting things with almost no history whatsoever! In this example code we do it by utilizing a replacement for the built in pine SMA function. This function allows us to pass a series instead of just a simple int to the length variable of the SMA. This can be achieved with all the pine built ins and I believe @pinecoders has a publication already detailing many of them with full coded examples. Then we replace the length of the SMA with the custom history function. It checks to see if the current bar index is less than the length of the function. Then if it is, it changes the length to the bar index allowing us to get plots and series earlier than otherwise possible.
Pine Script™ indicator
by theheirophant
5
Institutional Price LevelsInstitutional price levels (AKA round numbers, Perfect Price Levels-PPL) Institutional Price Levels (IPL) script shows the closest round numbers from the current price. Some traders uses round numbers as a support resistance levels. For example: 0.000 0.500 1.000 levels. Additional levels are 0.200 0.800. So I made a simple script that shows round numbers and the quarter levels(Not exactly quarter but minor levels) Quarter level option is planned on next update. Default range is 300 pips and you can extend until 500 pips range. Time range is extandable to the right and left side. You can just extend the line by increasing the bar numbers. Inputs: Show levels - Can show and hide all levels. Level colors are optional. Show quarter - Can show and hide minor levels which is 0.800 0.200 levels. Colors are optional Show more levels - Can show and hide more levels. Default range is 300 pips. Additional 200 pips range is optional. Extend right bars - Can set length of levels to the right side. Extend left bars - Can set length of levels to the left side. Thank you.
Pine Script™ indicator
by Munkhtur
7
Symbol InfoFor those who likes clean chart: Adjustable Symbol ticker and timeframe( AKA watermark) script is here. 1: You can place Symbol ticker and timeframe info anywhere on the chart. Also you can hide one of them or both. Position: Horizontal options: Left Center Right Vertical options: Top Middle Bottom Size: Tiny Smal Normal Large Huge Auto Color is adjustable. Background is optional too. 2: Even more cool part is you can add 2 different custom texts that can switch. (Idea from Pinecoders original script) You don't have to use text function and reposition it everytime, your message will always stays at one place. Let the chart deliver your message. I put my favourite trading slangs there: 1. Do Your Own Research (DYOR) 2. Not a Financial Advice ( NFA)
Pine Script™ indicator
by Munkhtur
2