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HIGH-LOW

MACD Divergence Tops + BottomsMACD Indicator which plots local peaks and troughs in divergence. "Classic" Divergence is specified as: - A higher price, with reduced MACD high --> Potential Sell Point - A lower price, with higher MACD low --> Potential Buy Point "Alternative" Divergence is specified as: - A higher MACD high, with reduced price --> Potential Sell Point - A lower MACD low, with higher price --> Potential Buy Point MACD Divergence should be used in combination with other indicators. This indicator identifies local tops and bottoms, with potential for macro trend shifts.
Pine Script™ indicator
by capriole_charles
2
HiLoMAHiLoMA (High/Low Moving Average) was designed specifically for calculating moving average boundries similar to  Bollinger Bands, but is derived from the highest and lowest prices of an asset, not just the closing price. The timeframe is configurable and the study displays arrows where buys (below) and sells (above) should take place. On exchanges with low or discounted fees, the study does excessively well at scalping. Backtesting, in general, shows this study to be very robust in any market conditions. The alert conditions are clearly identified as BUY ASSET and SELL ASSET for automated trading. Buys only occur when the entire spread is below the momentum line. Sells only take place when the entire spread is above the momentum line. When the momentum line cuts through the spread, any potentional buys/sells are ignored as these are considered weak. Be sure your calculate your momentum on the basis of your candlestick timeframe. If you are using 3 minutes candlesticks and you want a 24 hour momentum, you need to set your momentum to 480. This holds true for all timeframes. Sep 24 Release Notes: Seperated buys/sells where spread crosses momentum. Cyan (lighter blue) arrows are buy/sell signals that disregard momentum. Buys/Sells that honour momentum are now labeled MOMBUY ASSET and MOMSELL ASSET. Buys/Sells that disregard momentum are now BUY ASSET and SELL ASSET accordingly. Oct 4 Release Notes: Momentum is now a band with an upper and lower boundry. Buys and sells must now be completely above the band or below the band respectively. The effect is to produce stronger signals for momentum precomditional trades.
Pine Script™ indicator
by RobertD7723
Charles Recession WatchThe “Recession Watch” indicator tracks 7 key economic metrics which have historically preceded US recessions. It provides a real-time indication of incoming recession risk. This indicator gives a picture of when risk is increasing, and therefore when you might want to start taking some money out of risky assets. All of the last seven recessions were preceded by a risk score of 3 or higher. Six of them were preceded by a risk score of 4 or higher. Unfortunately data prior to 1965 was inconsistent and prior recessions could not be considered. Based on the indicator hit rate at successfully flagging recessions over the last 50 years, risk scores have the following approximate probabilities of recession: - 0-1: Low - 2: 25% within next 18 months - 3: 30% within next 12 months - 4-7: 50% within next 12 months Note that a score of 3 is not necessarily a cause for panic. After all, there are substantial rewards to be had in the lead up to recessions (averaging 19% following yield curve inversion). For the brave, staying invested until the score jumps to 4+, or until the S&P500 drops below the 200day MA, will likely yield the best returns. Notes on use: - use MONTHLY time period only (the economic metrics are reported monthly) - If you want to view the risk Score (1-7) you need to set your chart axis to "Logarithmic" Enjoy and good luck!
Pine Script™ indicator
by capriole_charles
2
Function : Pivots High and Low WARNING: The toil of this script is not mine . In order to avoid disrespect for work, I deleted some extensions only pure pivots , that is, only the information this script needed. I liked the fact that high and low pivots were in one function. I found this command by chance on stackoverflow. I don't know the authors and the nicknames because they are the stackoverflow nicknames. I hope it will help your adaptive periods. Finally, the length of the pivot must be at least 3 to be available.If the author reaches me, I will give his/her Tradingview name as a reference.
Pine Script™ indicator
by Noldo
10
CL_PHOrange line (OL) to be used with up trends and Red line (RL) to be used with down trends. When price and the OL increase together buy calls, reentry or additional buys made after price bounces off of RL. When price and the RL decrease together buy puts, reentry or additional buys made after price bounces off of OL. Another opportunity to buy more or reenter is after OL/RL is flat and price follows OL/RL again. Simplistic yet effective when combined with proper risk management.
Pine Script™ indicator
by assets.ticker