Prem_0915_5mins_strategyThis is the strategy which is worked out in 5 min TF. This should be applied only on Indexes (e.g., Nifty 50, BankNifty, etc.). This should strictly NOT be used for stocks and other F&Os. This is just for an educational purpose. Do not follow the strategy as such. Analyse before using every strategy and every investment.
Step 1: The candle should breakout and close beyond the high line (or The candle should breakdown and close below to the the low line)
Step 2: Enter at the next candle after the breakout (for CE) or breakdown (for PE)
Step 3: SL should be the low of the previous candle under the highline (or above the low line) but within the range
Step 4: Apply for 1:1 RR ratio and quit for safer profit.
Indicators and strategies
SCALPING NHANHNhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl Nhanh vl
XSRMXSRM (XSRMulti) Indicator
Description:
The XSRM indicator is specifically designed for support and resistance analysis, enabling traders to identify swing points across multiple independent time intervals. It detects significant swing highs and lows within defined periods and plots them as key support and resistance levels on the chart.
Key Features:
Multi-Interval Swing Point Detection:
Identifies swing high and low points based on user-defined parameters (lookback period and offset).
Allows analysis across multiple independent ranges to locate critical support and resistance levels.
Customizable Parameters:
Configurable lookback periods, offsets, and depth for swing point detection.
Selectable price sources, including high/low, open, close, hl2, and hlc3.
Support and Resistance Visualization:
Plots swing high, swing low, and midpoints as lines on the chart.
Users can customize line colors, styles, and extensions for better readability.
Daily Percentage Change:
Displays daily price percentage change as a quick reference for market momentum.
How It Works:
The indicator analyzes price action over multiple user-defined timeframes to locate swing points.
Swing high and low levels are calculated using a depth parameter to ensure significant turning points are captured.
Midpoints are computed to highlight equilibrium zones between support and resistance levels.
Use Cases:
Identify strong support and resistance levels to refine entry and exit points.
Analyze swing points across different periods to understand market structure.
Combine with other indicators for confirmation and stronger trade setups.
Customization Options:
General Settings: Adjust lookback periods, offsets, and depth for swing analysis.
Optional Settings: Choose logarithmic or linear midpoint calculations, enable line extensions, and customize line colors.
Source Selection: Define the price source for swing point calculations (e.g., high/low, close).
Important Notes:
Ensure that the parameters are adjusted according to the asset and timeframe being analyzed.
The indicator is designed to work across various markets, including stocks, forex, and crypto.
This tool is ideal for traders focusing on support and resistance zones and those looking to enhance their technical analysis for more accurate trading decisions.
GROK - 40 Day High BreakoutTitle: GROK - Customizable High Breakout Detector
To scan base breakout with Pine Screener
Description:
This Pine Script indicator identifies high breakout patterns based on a user-defined lookback period. By default, it checks for a breakout of the 40-day high, but the period can be adjusted to suit your trading strategy. Key features include:
Custom Lookback Period: Easily modify the number of days for high breakout detection. Lookback period is length of base you want to scan using pine screener.
Visual Alerts: Displays a green triangle above the price bar when a breakout is detected.
Alert Conditions: Built-in alert notifications for automated breakout detection.
Screener Compatibility: Plots breakout signals as a histogram for screener use.
This script is ideal for traders looking to identify strong breakout patterns and incorporate them into their strategies.
How to Use:
Adjust the lookback period in the settings to match your desired breakout criteria.
Add alerts for automated notifications when a breakout is detected.
Use the visual markers and histogram to analyze breakout patterns on your chart.
Buy-Sell-rVolume [BSR] IndicatorBSR is a combination of buy and sell volumes with various length relative volumes of different ranges which is used as a relative volume crossover, indicating incoming volatility of buy or sell direction. BSR offers different options for monitoring buy or sell volumes and relative volume.
Hourly System Tracker Profit [AstroHub]Hourly System Tracker is a versatile, multi-system trading indicator designed to provide detailed hourly performance data for various popular technical analysis strategies. This script allows you to choose from 10 different systems, including Parabolic SAR, RSI, SMA, MACD, Bollinger Bands, EMA, and more, offering tailored signals based on the selected system's logic.
Key Features:
System Flexibility: Users can select from a range of systems such as SAR, RSI, SMA, MACD, Bollinger Bands, and others, each with customizable parameters like period lengths and thresholds for different indicators.
Hourly Profit Tracking: The script tracks hourly profits for each system, providing a comprehensive view of performance across 24 hours. Profits are calculated dynamically, and the results are displayed in an intuitive table for easy analysis.
Signal Generation: The system generates buy and sell signals based on the specific logic of the selected system. Each system's signal is visualized with customizable chart overlays for easy identification.
Dynamic Updates: Data is reset at the beginning of each month, offering fresh insights and preventing data overload from previous months.
Time Zone Adjustment: The script allows for timezone customization, ensuring accurate time and profit tracking according to your local time zone.
How to Use:
Select the desired trading system from the dropdown menu in the settings.
Adjust the system's parameters (e.g., SAR start/step, RSI period, etc.) to fit your preferred trading strategy.
The system will generate buy and sell signals, which are visualized on the chart for real-time decision-making.
Track hourly profits and analyze performance through the summary table displayed in the top right corner of your chart EUR/USD AUD/USD and different currency pair.
What Makes it Unique:
Multiple System Support: Unlike many single-system indicators, this script lets you switch between various trading systems with ease, offering flexibility for different market conditions.
Integrated Profit Tracking: Real-time hourly profit tracking, broken down by hour, provides a deeper understanding of your trading strategy's performance throughout the day.
Customizable Time Zone: A time zone offset option ensures that data and signals are aligned with your specific trading hours, making it ideal for global traders.
signal buy javad/time/15mThis indicator is designed to give a buy signal on a 15-minute time frame by specifying a profit limit and a loss limit.
SyedArzaanYahyaAnjumThis script is for our awesome Anjum bhayya BTM.
No one should use this indicator.
PHL GPTtest
Попробовал отредактировать при помощи GPT, чтобы индикатор не рисовал бесполезные мультики (он подтирает треугольники с ошибочно помеченными экстремумами, чем превращает себя в бесполезный мусор).
Custom MACD with Distance (Table Format)just added a calculation distance on macd line and signal line
Heikin Ashi Candles - [Better Overlay]Heikin Ashi Candles - Better Overlay
Heikin Ashi candles are a unique charting technique designed to smooth price data, making it easier to identify trends and potential reversals. The "Heikin Ashi Candles - Better Overlay" indicator takes this concept further by introducing enhancements like a moving average based on the Heikin Ashi values and an overlay of actual price dynamics. This blog explores the functionality and features of this indicator.
Key Features
1. Heikin Ashi Candle Plotting
The indicator calculates Heikin Ashi values (open, high, low, and close) to plot candles directly on the chart. These candles provide a clearer view of market trends by reducing noise commonly seen in standard candlesticks.
- Heikin Ashi Close: The average of open, high, low, and close prices.
- Heikin Ashi Open: A smoothed value derived from the previous Heikin Ashi open and close values.
- Heikin Ashi High/Low: The highest and lowest prices between the Heikin Ashi open, close, and the actual high/low of the period.
The candle colors are intuitive:
- Green: Indicates bullish movement.
- Red: Indicates bearish movement.
The indicator uses semi-transparent candle bodies to ensure better visibility of the actual price chart underneath.
2. Heikin Ashi Moving Average
The indicator includes an optional moving average calculated from the Heikin Ashi values. This moving average helps traders identify the overall trend direction and its strength.
- The length of the moving average is adjustable via input settings.
- The color of the moving average line reflects its trend:
- Green: Uptrend.
- Red: Downtrend.
3. Dynamic Actual Price Line
To maintain a connection with real-time price data, the indicator overlays a dashed line representing the actual closing price of the asset. This feature provides valuable context when analyzing Heikin Ashi data, ensuring traders do not lose sight of the actual price levels.
Customization Options
The indicator offers several customization settings for better usability:
- Heikin Ashi Moving Average:
- Toggle to show or hide the moving average.
- Adjustable length for the moving average, ranging from 1 to 500 periods.
- Candle Styling:
- The colors and transparency levels of the candles are predefined to maintain chart clarity.
- Users can visually distinguish Heikin Ashi data from the actual price chart.
Practical Use Cases
1. Trend Identification
Heikin Ashi candles smooth out noise, making it easier to identify trends. Bullish and bearish candle coloring provides a quick visual cue for market sentiment.
2. Trend Strength and Reversals
The Heikin Ashi moving average serves as a reliable indicator of trend strength. A change in the color of the moving average can indicate a potential trend reversal.
3. Real-Time Price Reference
The dynamic price line ensures traders have a clear reference to the actual closing price, which is crucial for making informed decisions in real-time markets.
Conclusion
The "Heikin Ashi Candles - Better Overlay" indicator is a versatile tool for traders looking to combine the smoothing benefits of Heikin Ashi candles with the precision of real-time price data. Its additional features, like the Heikin Ashi moving average and dynamic price line, make it a comprehensive solution for both trend-following and real-time trading strategies.
This indicator is a great addition to any trader's toolkit, offering clarity and actionable insights without overcomplicating the chart. Give it a try to explore its potential in your trading journey.
Breakout Master//@version=5
indicator('Breakout Master', overlay=true)
bullishBar = 1
bearishBar = -1
var inside_bar = array.new_int(0)
var inside_bar_high = array.new_float(0)
var inside_bar_low = array.new_float(0)
var motherCandleIndex = 0
var motherCandleHigh = 0.0
var motherCandleLow = 0.0
var motherCandleRange = 0.0
var target1Buy = 0.0
var target2Buy = 0.0
var target1Sell = 0.0
var target2Sell = 0.0
var motherCandleH = line.new(na, na, na, na, extend=extend.right, color=color.green)
var motherCandleL = line.new(na, na, na, na, extend=extend.right, color=color.red)
var motherCandleHLabel = label.new(na, na, style=label.style_label_left, textcolor=color.green, color=color.new(color.green, 80))
var motherCandleLLabel = label.new(na, na, style=label.style_label_left, textcolor=color.red, color=color.new(color.red, 80))
var longT1 = line.new(na, na, na, na, extend=extend.right)
var longT2 = line.new(na, na, na, na, extend=extend.right)
var shortT1 = line.new(na, na, na, na, extend=extend.right)
var shortT2 = line.new(na, na, na, na, extend=extend.right)
var longT1Label = label.new(na, na, textcolor=color.blue, style=label.style_label_left, color=color.new(color.blue, 80))
var longT2Label = label.new(na, na, textcolor=color.blue, style=label.style_label_left, color=color.new(color.blue, 80))
var shortT1Label = label.new(na, na, textcolor=color.blue, style=label.style_label_left, color=color.new(color.blue, 80))
var shortT2Label = label.new(na, na, textcolor=color.blue, style=label.style_label_left, color=color.new(color.blue, 80))
var longT1Line = input.bool(title='Show Long T1', defval=true, group='Long')
var longT2Line = input.bool(title='Show Long T2', defval=true, group='Long')
var shortT1Line = input.bool(title='Show Short T1', defval=true, group='Short')
var shortT2Line = input.bool(title='Show Short T2', defval=true, group='Short')
var longT1Range = input.float(title='Long T1', defval=1, group='Long (x times above range of mother candle)', tooltip='Line will be plotted above high of mother candle. If value entered is 1, then T1 = range of mother candle x 1')
var longT2Range = input.float(title='Long T2', defval=1.5, group='Long (x times above range of mother candle)', tooltip='Line will be plotted above high of mother candle. If value entered is 2, then T2 = range of mother candle x 2')
var shortT1Range = input.float(title='Short T1', defval=1, group='Short (x times below range of mother candle)', tooltip='Line will be plotted below low of mother candle. If value entered is 1, then T1 = range of mother candle x 1')
var shortT2Range = input.float(title='Short T2', defval=1.5, group='Short (x times below range of mother candle)', tooltip='Line will be plotted below low of mother candle. If value entered is 2, then T2 = range of mother candle x 1')
hi = high
lo = low
op = open
cl = close
isInside() =>
previousBar = 1
bodyStatus = cl >= op ? 1 : -1
isInsidePattern = hi < hi and lo > lo
isInsidePattern ? bodyStatus : 0
newDay = ta.change(time('D'))
if newDay
array.clear(inside_bar)
array.clear(inside_bar_high)
array.clear(inside_bar_low)
if isInside() and array.size(inside_bar) <= 0
array.push(inside_bar, bar_index)
array.push(inside_bar_high, hi )
array.push(inside_bar_low, lo )
if barstate.islast and array.size(inside_bar) > 0
motherCandleIndex := array.get(inside_bar, 0) - 1
motherCandleHigh := array.get(inside_bar_high, 0)
motherCandleLow := array.get(inside_bar_low, 0)
motherCandleRange := motherCandleHigh - motherCandleLow
target1Buy := motherCandleHigh + longT1Range * motherCandleRange
target2Buy := motherCandleHigh + longT2Range * motherCandleRange
target1Sell := motherCandleLow - shortT1Range * motherCandleRange
target2Sell := motherCandleLow - shortT2Range * motherCandleRange
// mother candle high
line.set_xy1(motherCandleH, motherCandleIndex, motherCandleHigh)
line.set_xy2(motherCandleH, bar_index, motherCandleHigh)
label.set_xy(motherCandleHLabel, bar_index + 5, motherCandleHigh)
label.set_text(id=motherCandleHLabel, text='Range High - ' + str.tostring(motherCandleHigh))
//mother candle low
line.set_xy1(motherCandleL, motherCandleIndex, motherCandleLow)
line.set_xy2(motherCandleL, bar_index, motherCandleLow)
label.set_xy(motherCandleLLabel, bar_index + 5, motherCandleLow)
label.set_text(id=motherCandleLLabel, text='Range Low - ' + str.tostring(motherCandleLow))
//long target 1
if longT1Line
line.set_xy1(longT1, motherCandleIndex, target1Buy)
line.set_xy2(longT1, bar_index, target1Buy)
label.set_xy(longT1Label, bar_index + 5, target1Buy)
label.set_text(id=longT1Label, text='T1 - ' + str.tostring(target1Buy) + ' (' + str.tostring(longT1Range * motherCandleRange) + ') points')
//long target 2
if longT2Line
line.set_xy1(longT2, motherCandleIndex, target2Buy)
line.set_xy2(longT2, bar_index, target2Buy)
label.set_xy(longT2Label, bar_index + 5, target2Buy)
label.set_text(id=longT2Label, text='T2 - ' + str.tostring(target2Buy) + ' (' + str.tostring(longT2Range * motherCandleRange) + ') points')
//short target 1
if shortT1Line
line.set_xy1(shortT1, motherCandleIndex, target1Sell)
line.set_xy2(shortT1, bar_index, target1Sell)
label.set_xy(shortT1Label, bar_index + 5, target1Sell)
label.set_text(id=shortT1Label, text='T1 - ' + str.tostring(target1Sell) + ' (' + str.tostring(shortT1Range * motherCandleRange) + ') points')
//short target 2
if shortT2Line
line.set_xy1(shortT2, motherCandleIndex, target2Sell)
line.set_xy2(shortT2, bar_index, target2Sell)
label.set_xy(shortT2Label, bar_index + 5, target2Sell)
label.set_text(id=shortT2Label, text='T2 - ' + str.tostring(target2Sell) + ' (' + str.tostring(shortT2Range * motherCandleRange) + ') points')
Almas BhaijaanThis is a trend analysing script.
bigger time frame such as 30 mins or 1 hour good for analysis.
Multi ADX + DIThis custom indicator combines the Average Directional Index (ADX) and Directional Indicators (DI+ and DI–) on multiple timeframes to help you spot potential buy and sell opportunities. Essentially, it checks the market’s momentum and whether bulls (DI+) or bears (DI–) have the upper hand, then displays color-coded signals on the chart. It also includes a built-in volume filter (using a smoothed RSI of volume) to help ensure signals appear only when there’s enough trading activity.
How to Use
Add to Your Chart
Select Timeframes
Choose up to three different timeframes (e.g., 5 min, 30 min, 4 hr) in the indicator settings. The script will calculate ADX and DI on each timeframe, so you can see how momentum behaves across different periods.
Look for Buy and Sell Signals
Buy Signals appear when the ADX and DI+ conditions across timeframes indicate bullish momentum, and volume meets certain thresholds. Bars turn aqua if a buy signal is triggered.
Sell Signals appear when the ADX and DI– conditions across timeframes indicate bearish momentum, and volume meets certain thresholds. Bars turn maroon if a sell signal is triggered.
Observe Bar Colors
Green bars suggest overall bullish conditions.
Red bars suggest overall bearish conditions.
Gray bars mean the indicator doesn’t see a clear bullish or bearish signal at the moment.
Look for Circles
A small circle appears on the chart when a new buy or sell signal occurs without having triggered another signal recently (helpful for spotting fresh opportunities).
Use this indicator as a guide alongside your other analysis. It’s most effective when combined with a thorough understanding of support/resistance levels, trends, and risk management strategies.
Additional Instructions on Inputs
Below is a simple breakdown of what each input does and how you can adjust them for your own trading style:
Timeframe Combination (tf1, tf2, tf3)
These let you pick up to three timeframes for calculating the ADX and DI values. For example, you might choose 5 minutes, 30 minutes, and 4 hours.
Adjusting these timeframes can help you see momentum trends over both short and longer periods. It’s often beneficial to use a smaller timeframe (like 5 or 15 minutes) alongside a mid-range (like 30 minutes or 1 hour) and a higher timeframe (like 4 hours or 1 day) to get a broader market perspective.
ADX Length (adxLen)
Controls how the Average Directional Index is calculated. A larger value (for instance, 14) smooths out results but responds more slowly to rapid price changes. A smaller value (like 8) reacts faster but can be more sensitive to short-lived fluctuations.
DI Length (diLen)
Similar to ADX Length, but specifically for the DI calculations (DI+ and DI–). Increasing this value may reduce signal noise, while decreasing it can generate quicker signals but potentially more false positives.
Volume*Price RSI Length (rsiLen)
Sets the length of the RSI used to measure “Volume * Price.” The RSI aims to show when the market might be “overbought” or “oversold.” Here, it’s used primarily as a volume filter to ensure trades happen in active market conditions.
How to Tweak
If you find the indicator too “choppy,” try increasing the ADX and DI lengths to make the signals smoother.
If you’re missing opportunities or if the indicator responds too slowly, shorten the lengths.
Experiment with different timeframe combinations to find the balance that makes sense for your specific trading strategy and risk tolerance.
These inputs allow you to tailor the indicator’s sensitivity and the breadth of market data it examines. Start with the default values, then make small adjustments as you track the outcomes on your favorite assets.
Resistance - Support Level PredictionsThis indicator attempts to estimate potential resistance and support levels based on the previous day's closing, high, and low values, and displays them on the chart.
Heikin Ashi inside candle breakout signal
Heikin Ashi Inside Candle Breakout Signal
This custom Pine Script indicator displays Heikin Ashi candles alongside breakout signals based on inside bars. Inside bars occur when the current candle's high is lower than the previous candle's high, and the current candle's low is higher than the previous candle's low. These inside bars indicate a consolidation period, often followed by a strong breakout in either direction.
Key Features:
Heikin Ashi Candles: The indicator plots Heikin Ashi candles, which are calculated using the open, high, low, and close values of the regular candlesticks, providing a smoothed representation of price action.
Green Candles: Indicate bullish price action (when the Heikin Ashi close is higher than the open).
Red Candles: Indicate bearish price action (when the Heikin Ashi close is lower than the open).
Inside Bar Condition: Identifies when a candle's high is lower than the previous high, and its low is higher than the previous low. This signifies a consolidation pattern that might be followed by a breakout.
Breakout Signals:
Buy Signal: Triggered when the price breaks above the previous high after an inside bar.
Sell Signal: Triggered when the price breaks below the previous low after an inside bar.
Background Color: The chart background color is shaded to indicate the presence of inside bars, making it easy to spot consolidation zones.
How to Use:
Buy Signal: A breakout above the previous high is a potential buy signal.
Sell Signal: A breakout below the previous low is a potential sell signal.
This indicator is ideal for traders looking to capture breakouts after periods of consolidation. It can be used for both short-term and long-term trading strategies.
Chaikin Oscillator with StdDev MarkersJust a Chaikin Oscillator slightly tuned to show extreme changes in A/D momentum.
- Red histogram means the fast EMA is way above the slow EMA (strong distribution).
- Green histogram means the fast EMA is way below the slow EMA (strong accumulation).
Divergences are also easy to identify. When the price pushes more than the histogram, hidden selling could be taking place near tops, and when the price drops but the histogram doesn't follow, accumulation could be taking place.
This, coupled with VSA analysis, is all you'll ever need to understand price action.
MTF Countdown with Direction - AynetIndicator Definition and Inputs:
pineCopyindicator('MTF Countdown with Direction - Aynet', overlay = true)
This code creates a Multiple Time Frame (MTF) countdown indicator with direction
The overlay = true parameter places the indicator on top of the price chart
Timeframe Options:
Users can choose to show/hide the following timeframes:
1 minute
5 minutes
15 minutes
30 minutes
1 hour
4 hours
Daily
Time Calculations:
pineCopyget_current_time()
Calculates the current time
Converts Unix timestamp to seconds
Calculates time since midnight
Returns time broken down into hours, minutes, and seconds
Countdown Calculation:
pineCopyget_period_countdown(period_seconds)
Calculates remaining time for each timeframe
Computes elapsed time in current period
Returns remaining time in hours, minutes, and seconds
Direction and Closing Price Calculation:
Separate functions for each timeframe (get_direction_and_close_1m(), get_direction_and_close_5m(), etc.)
Each function:
Gets current closing price
Compares with previous closing price
Determines direction (up: 1, down: -1, sideways: 0)
Returns direction and closing price
Table Creation and Updates:
Creates a table in the top right corner
Table consists of 4 columns:
Period (Timeframe)
Time Left (Remaining time)
Direction (Shown with arrows)
Close (Closing price)
Each row has a different background color
Direction arrows:
Green up arrow (▲): Price rising
Red down arrow (▼): Price falling
Gray line (―): Price sideways
Dynamic Data Structures:
pineCopyvar timeframes = array.new_int()
var timeframe_names = array.new_string()
var show_array = array.new_bool()
Uses dynamic arrays for timeframes
Adds selected timeframes to arrays on first run
Key Features:
Shows remaining time until period close
Displays price direction for each timeframe
Shows current closing prices
All information in a single, easy-to-read table
This indicator helps traders by providing a comprehensive view of:
When each timeframe will close
The direction of price movement
Current closing prices
across multiple timeframes in a single table, making it easier to track market movements across different time periods.
The color-coding and arrow system makes it visually intuitive to understand market direction at a glance, while the countdown timer helps with timing decisions.
Fair Value Gap DetectorHow this indicator works:
It detects two types of FVGs:
Bullish FVG: Occurs when the low of the current candle is higher than the high of the candle from 2 bars ago (creates an upward gap)
Bearish FVG: Occurs when the high of the current candle is lower than the low of the candle from 2 bars ago (creates a downward gap)
Features:
Allows users to toggle both bullish and bearish FVG detection independently
Customizable colors for both bullish (default green) and bearish (default red) FVGs
Visualizes FVGs using:
Boxes that highlight the gap area (with 80% transparency)
Labels that mark each FVG ("Bull FVG" or "Bear FVG")
Visual representation:
Bullish FVGs are marked with green boxes and downward-pointing labels
Bearish FVGs are marked with red boxes and upward-pointing labels
This indicator can be useful for :
Identifying potential areas where price might return to
Finding potential support and resistance zones
Understanding market structure and momentum shifts
Global Liquidity Index (Billions USD)This Pine Script indicator calculates the total global liquidity by combining M2/M3 money supply data from major economies converted to USD. The final value is displayed in billions of USD.
This was inspired by Raoul Pal's (@RaoulGMI on X.com) work on global liquidity and its effect on markets.
Countries and Monetary Measures Used:
United States (USM2) - M2 Money Supply
China (CNM2) - M2 Money Supply
Japan (JPM2) - M2 Money Supply
European Union (EUM2) - M2 Money Supply
South Korea (KRM2) - M2 Money Supply
Canada (CAM2) - M2 Money Supply
India (INM2) - M2 Money Supply
Taiwan (TWM2) - M2 Money Supply
Great Britain (GBM2) - M2 Money Supply
Australia (AUM3) - M3 Money Supply
Features:
Time Offset: Allows shifting the data forward or backward by a specified number of bars but data pushed ahead of the chart data will be truncated.
Scale Range: Set to display between 50,000 and 100,000 billion USD
Overlay Option: Can be displayed as an overlay on the main chart
Left Scale: Uses the left price scale for values
Currency Conversion: Automatically converts all values to USD using real-time FX rates
Calculation Method:
Retrieves M2/M3 data for each country
Converts non-USD values to USD using current exchange rates
Sums all values
Divides by 1 billion for easier reading
Applies any time offset requested by the user
The indicator provides a comprehensive view of global liquidity by tracking approximately 80% of the world's monetary supply through these major economies.
Socrate's Bottom Finder - Free editionENGLISH :
Hi everybody,
This indicator will give you the market bottoms with remarkable accuracy.
/!\ Be aware that the indicator cannot know the current economic situation and that in the event of a major crisis, it can signal a market bottom despite the decline not being over. /!\
How to read it ?
It is composed of two visual sections:
- The first section materialized by the white line is a "treshhold" which gives the current trend of the week. It is used to filter most of the "fake signals"
- The second section, materialized by a green and red band, gives the strength of the price trend. If for example the trend is rather bullish, this bar will turn green, the opposit will produce red. An "opportunity" signal will appear when the optimal conditions are met to define a market bottom. Before an opportunity signal there will always be an "Surrender" signal, wich means the trend has weakened and the bottom is near in time.
Special Recommandation :
- The best results are on 1W, 3D, 1D. The indicator work on lower TF but it's not his purpose and you may drop significantly your W/L rate.
- Avoid stocks/crypto with poor stability in the very long time, a good hint is to look after thoses who mostly are above SMA200 on weekly TF.
- Avoid cyclical stock, as they tend to bounce up and down way to often.
Please do your own diligence. Trading may conduct you to loose capital.
Apply your own trading strategy :)
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FRANCAIS :
Salut tout le monde,
Cet indicateur vous donnera les creux du marché avec une précision remarquable.
/!\ Sachez que l'indicateur ne peut pas connaître la situation économique actuelle et qu'en cas de crise majeure, il peut signaler un creux de marché même si la baisse n'est pas terminée. /!\
Comment le lire ?
Il est composé de deux sections visuelles :
- La première section matérialisée par la ligne blanche est un « seuil » qui donne la tendance actuelle de la semaine. Il est utilisé pour filtrer la plupart des "faux signaux"
- La deuxième section, matérialisée par une bande verte et rouge, donne la force de la tendance des prix. Si par exemple la tendance est plutôt haussière, cette barre deviendra verte, l'inverse produira du rouge. Un signal "d'opportunité" apparaîtra lorsque les conditions optimales seront réunies pour définir un creux de marché. Avant un signal d'opportunité, il y aura toujours un signal "Abandon", ce qui signifie que la tendance s'est affaiblie et que le creux est proche dans le temps.
Recommandations spéciales :
- Les meilleurs résultats sont sur 1W, 3D, 1D. L'indicateur fonctionne sur des TF plus faibles mais ce n'est pas son but et vous risquez de faire chuter considérablement votre ratio de W/L.
- Évitez les stocks/crypto avec une faible stabilité sur le long terme, un bon indice est de cibler ceux qui sont majoritairement (dans leur historique) au-dessus de leur SMA200 en TF hebdomadaire.
- Prioriser les actifs de type "HyperGrowth", l'indicateur fonctionne moins bien avec les cycliques
Veuillez faire vos propres recherches en parallèle. Le trading pouvant vous conduire à perdre du capital.
Appliquez à cet indicateur votre propre stratégie :)
EMA X OverA simple indicator that plots two exponential moving averages (EMAs).
Upon a cross between the two EMAs, the chart will display a customizable marker. This marker may signal a change in direction of the price.
When a cross happened, wait for both EMAs to go in the same direction. The EMAs will both be in the same color when this happened.
When both EMAs are in the same color, look for the established trend.
Furthermore, when the price closes above or below the long EMA, the chart will also display a customizable marker.
