Back Week For BacktestIt is Backtest Calculator For Essential and Plus plan holders, the length of available intraday data is calculated as follows: from now to 6 weeks back multiplied by timeframe(in minutes), i.e. you can go 6 weeks back on the 1-minute chart, 12 weeks back on the 2-minute chart, 30 weeks back on the 5-minute chart, 90 weeks back on the 15-minute chart and so on. The higher timeframe is selected, the more intraday data is available.
This show creates a weekday label based on the data in the plans allowed by TradingView. This show creates a weekday label based on the data in the plans allowed by TradingView. How much data is available for Bar Replay? According to the article, we can replay 6 weeks backwards for a 1-minute chart. This indicator is a label that shows how far we can go back, consisting of multiplying each minute by 6 between 1 minute and 60 minutes.
1 minute => 6 week backtest
2 minutes => 12 week backtest
.....
15 minutes => 90 week backtest
...
59 minutes => 354 week backtest
Last
Master/Last CandleMaster/Followers: Master candle is defined as the start of a trend (bullish/bearish) and followed by a series of candles in the same direction (bullish/bearish) called followers.
Last/Reversals: Last candle is defined as the end of a trend (bullish/bearish) and followed by a series of candles in the opposite direction (bearish/bullish) called reversals.
This indicator marks master/last candle, whether it is master or last depending on the breakout direction of the next candle. Next, we have to look for support (medium/low) and resistance (medium/high) to determine the target, which is not covered here. Remember that, target must cover sell-buy spread or commission offered by broker. When the two points are taken into considered, it is that time to decide making a trade (buy/sell) or not.
Detailed prices at entry and stop loss are included in alerts.
Markets: All.
Timeframes: All.
Usage: Used in combination with support/resistance.
Highlight last bar, work on all timeframe, v4 & v5 @magnummHighlight last bar only. No refresh needed.
Works on all time frame and for version 4 & 5.
Can be added in your own scripts copy/pasting just one line.
//DON'T FORGET TO HYDRATE
LabelHelperLibrary "LabelHelper"
Utility for managing active labels on the chart.
add(level, txt, labelColor, textColor) For displaying a lable at the last bar.
Parameters:
level : The value to display the label at.
txt : The text to show on the label.
labelColor : The color of the label.
textColor : The text color of the label.
Returns: The label being managed.
Correction Percent and Days SinceS
Use this script to see the depths of corrections and also to see how long it has been since a correction.
I published this script because the last time the SNP has gone this long without a 5% correction was 1996 excluding bear markets of course.
NOTE: This script is a 2 in 1. In order to see correction depth only use the first 3 plot settings as visible.
In order to see the days since a correction use the last two plot settings.