How To Input CSV List Of Symbol Data Used For ScreenerExample of how to input multiple symbols at once using a CSV list of ticker IDs. The input list is extracted into individual ticker IDs which are then each used within an example screener function that calculates their rate of change. The results for each of the rate of changes are then plotted.
For code brevity this example only demonstrates using up to 4 symbols, but the logic is annotated to show how it can easily be expanded for use with up to 40 ticker IDs.
The CSV list used for input may contain spaces or no spaces after each comma separator, but whichever format (space or no space) is used must be used consistently throughout the list. If the list contains any invalid symbols the script will display a red exclamation mark that when clicked will display those invalid symbols.
If more than 4 ticker IDs are input then only the first 4 are used. If less than 4 ticker IDs are used then the unused screener calls will return `float(na)`. In the published chart the input list is using only 3 ticker IDs so there are only 3 plots shown instead of 4.
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
Howto
How To Limit Repeating SignalsAn example of how to limit the input number of allowed signals using a function containing a condition counter with a reset.
Light or Dark Mode Tutorial - Luminance DetectionAs a colorblind trader, I think accessibility is a big deal. This script auto detects the chart background color and optimizes text color based on luminance.
Luminance detection is based on pine script new chart.bg_color feature, allowing lines, tables, etc to be optimized. Thanks to TV team for releasing this in the latest update/blog post today! This makes it simple to optimize scripts based off the knowledge that max luminance = 765 (rgb 255 + 255 + 255), thus we know that lum <= 383 is "dark mode" and lum > 383 is "light mode".
Try changing the chart background color and see how this script changes the table printed on the chart. I hope more script authors will begin to utilize this concept and that even better contrast detection may be built future pine script iterations.
Heikin-Ashi Source Function HTFHigher TimeFrame using custom source function for toggling traditional Candle sources or Heikin-Ashi sources on a traditional Candles chart.
Thanks to PineCoders for rounding method: www.pinecoders.com
Thanks to @LucF and @RicardoSantos for their advice and enlightenment as always.
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
How To Show Vertical LinesExample of various methods to show dashed or solid vertical lines on chart based on using either session or time.
Credit for line method goes to midtownsk8rguy ->
Credit for plot method goes to PineCoders -> www.pinecoders.com
Special thanks to LucF, midtownsk8rguy, and PineCoders for permission to use their work.
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
How To Limit n Round Trips Per Day [Alerts]Example how to limit the number of round trips per day. If entry condition is never met logic will force a round trip at end of day. Set chart to a timeframe that is lower than 1 Day period.
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
Heikin-Ashi Source FunctionCustom source function for toggling traditional Candle sources or Heikin-Ashi sources on a traditional Candles chart.
Thanks to PineCoders for rounding method: www.pinecoders.com
Thanks to @LucF and @RicardoSantos for their advice and enlightenment as always.
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
How to Overlay First LTF Bar of DayExample how to overlay the first lower timeframe bar of the day across the entire day. Set chart to a timeframe that is lower than 1 Day period. Also included option for coloring wick pressure of that bar.
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
Growing or Waning Patterns [Alerts]Example how to color patterns of 3 bodies growing or waning by percentage with or without trend. Also included option for alert triggers. The yellow triangles on the chart denote where the alert triggers will fire.
• Choose Pattern Of Filter: shows bodies growing or waning or both.
• Sample Lengths Of AvgBar: number of recent bars to use for average size.
• BigBar Is Min% Of AvgBar: the minimum percent of average the big bar must be.
• MedBar Is Max% Of BigBar: the maximum percent of big bar the medium bar can be.
• SmlBar Is Max% Of MedBar: the maximum percent of medium bar the small bar can be.
• Repeat Pattern If n Bars: the number of bars to ignore repeat patterns, 1 allows all.
• Trending: on requires the growing or waning patterns to also be trending.
• GrayBars: colors non pattern bodies gray.
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
How To Color Prior BarsExample how to color the trigger bar of the condition and n-1 prior bars using only 1 barcolor() function.
Currently when offsets are used in barcolor(), bgcolor(), plot(), plotarrow(), plotchar(), or plotshape(), the offset only works with a simple (static) integer. If series (dynamic) integers are used instead, there is not an error, but the series values are ignored. Because of this limitation of offset being constrained to using only fixed offsets, the normal way to paint 3 Black Crows would be to use 3 barcolor() functions. Since there are a known number of bars to be painted in that scenario, this can be easily accomplished.
If a condition encompassed a variable length of n bars, then the number of barcolor() functions needed to use would be unknown. How to color the trigger bar of the condition and n-1 prior bars using only 1 barcolor() function? Dual examples below solves issue but requires n "future" bars, because of this it will not paint the most recent condition in realtime and may not be applicable for use in certain realtime situations. It paints similar in behavior to how a pivot does. Special thanks to LucF and RicardoSantos for illumination!
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
Scripting Tutorial 8 - Triple Many Moving Averages RibbonsThis script is for a triple moving average indicator where the user can select from different types of moving averages, price sources, lookback periods and resolutions.
Features:
- 3 Moving Averages with variable MA types, periods, price sources, resolutions and the ability to disable each individually
- Crossovers are plotted on the chart with detailed information regarding the crossover (Ex: 50 SMA crossed over 200 SMA )
- Forecasting available for all three MAs. MA values are forecasted 5 values out and plotted as if a continuation to the MA.
- Forecast bias also applies to all forecasting. Bias means we can forecast based on an anticipated bullish, bearish or neutral direction in the market.
- To understand bias, please read the source code, or if you can't read the code just send me a message on here or Twitter. Twitter should be linked to my profile.
- Ribbons added and on by default. Optional setting to disable the ribbons. 5 ribbons between MA1 and MA2 and another 5 between MA2 and MA3.
- Ribbons are alpha-color coded based on their relation to their default MAs.
- Ribbons are only visible between MAs if the MAs being compared share the same Type, Resolution, and Source because there is no way to consolidate those three in a simple manner.
- Ribbon values are calculated based on calculated MA Periods between the MAs.
This script is meant as an educational script with well-formatted styling, and references for specific functions.
Heiken-Ashi CandlesSimple script to view Heiken-Ashi candles below a normal candles chart.
Could also be useful for using HA calcs in strategy scripts on normal candles chart for proper backtesting.
I adapted this to v4 from original v2 script by @samtsui. If you like please remember to give him a Thumbs Up for his original version! ->
Smoothed RSIThis smoothed RSI indicator is designed to allow users to try and identify periods of extended time in oversold and overbought areas using a smoothed RSI value.
Features:
- RSI
- Period
- Source
- Resolution
- Visibility
- Smoothed RSI
- Period
- Moving Average Type
- Visibility
Scripting Tutorial 5 - Triple Many Moving Averages CrossoversThis script is for a triple moving average indicator where the user can select from different types of moving averages and periods. This script improves upon tutorial 3 by adding source selection for MAs and another option for an MA that is not built-in, the HMA . It is meant as an educational script with well formatted styling, and references for specific functions.
Scripting Tutorial 4 - Triple Many Moving Averages ImprovedThis script is for a triple moving average indicator where the user can select from different types of moving averages and periods. This script improves upon tutorial 3 by adding source selection for MAs and another option for an MA that is not built-in, the HMA. It is meant as an educational script with well formatted styling, and references for specific functions.
Scripting Tutorial 3 - Triple Many Moving AveragesThis script is for a triple moving average indicator where the user can select from different types of moving averages. It is meant as an educational script with well formatted styling, and references for specific functions.
Scripting Tutorial 2 - Triple Exponential Moving AveragesThis script is for a triple exponential moving average indicator. It is meant as an educational script with well formatted styling, and references for specific functions.
Scripting Tutorial 1 - Simple Moving AverageThis script is for a simple moving average indicator. It is meant as an educational script with well formatted styling, and references for specific functions.
How To Use Dynamic ZonesExample of how to apply and use Dynamic Zones with an indicator by injecting it's source into my adaptation of the original idea by Leo Zamansky, Ph.D., and David Stendahl.
• Load your desired oscillating indicator on your chart (CCI, RSI, etc).
• Load my "How To Use Dynamic Zones" indicator on your chart.
• In the "How To Use Dynamic Zones" indicator settings choose your desired oscillating indicator as the Oscillator Source.
You will now have dynamic overbought and oversold levels. I have also included alerts which may be used to indicate when these conditions occur.
If desired you may repeat the above process by loading additional indicators along with additional copies of my indicator to use with each oscillator.
Oscillator Source: CLOSE uses your chosen indicator as a source or you may use price as a source
Sample Length: 70 uses number of previous values for evaluating
Hi is Above X% of Sample: 88 sets overbought zone
Lo is Below X% of Sample: 88 sets oversold zone
The simplest explanation of what these default settings are doing is that they take 70 previous values of your chosen indicator, then create an overbought level that is above 88% of those previous values and an oversold level that is below 88% of those previous values. As new bars form the levels are dynamically reevaluated and updated.
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"This investing style follows a very simple form of logic: Enter the market only when an oscillator has moved far above or below traditional trading levels. However, these oscillator driven systems lack the ability to evolve with the market because they use fixed buy and sell zones. Traders typically use one set of buy and sell zones for a bull market and substantially different zones for a bear market. And therein lies the problem.
Once traders begin introducing their market opinions into trading equations, by changing the zones, they negate the system’s mechanical nature. The objective is to have a system automatically define its own buy and sell zones and thereby profitably trade in any market — bull or bear. Dynamic zones offer a solution to the problem of fixed buy and sell zones for any oscillator-driven system."
Reference: Stocks & Commodities V15:7 (306-310): Dynamic Zones by Leo Zamansky, Ph.D., and David Stendahl
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NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!