The "SP500 Ratios" indicator is a powerful tool developed for the TradingView platform, allowing users to access a variety of financial ratios and inflation-adjusted data related to the S&P 500 index. This indicator integrates with Nasdaq Data Link (formerly known as Quandl) to retrieve historical data, providing a comprehensive overview of key financial metrics...
This script is designed to compare the price of Bitcoin on two major exchanges: Coinbase and Binance. It helps you see if there’s a difference in the price of Bitcoin between these two exchanges, which is known as a “premium” or “discount.” Here’s how it works in simple terms: Getting the Prices: The script first fetches the current price of Bitcoin from...
In this indicator, we demonstrate how to plot oscillator behavior of oversold-overbought against price movements in the form of scatterplots and perform analysis. Scatterplots are drawn on a graph containing x and y-axis, where x represent one measure whereas y represents another. We use the library Graph to collect the data and plot it as...
Hello traders 👋 This indicator "Liquidation Risk Suite" hosts various features that allow the trade to determine optimal position sizing, leverage, profit targets, and more! Features Customizable entry price and time From the entry price, a user-defined number of liquidation levels by leverage are shown From the entry price, a user-defined number of...
The Mobile Dashboard indicator provides a compact and customizable table on your TradingView chart, summarizing key data for up to six selected financial instruments. It displays the close price, previous day high (PDH), previous day low (PDL), and SuperTrend direction (Bull/Bear). The table's position, size, and transparency can be adjusted to suit your...
Local Polynomial Regression (LPR) is an advanced statistical method that offers a flexible approach to estimating the underlying trend in financial time series data. The Mathematical Explanation The core idea of LPR is to fit a polynomial of degree p at each point x using weighted least squares. The weight of each data point decreases with its distance from x,...
Library "PubLibPattern" pattern conditions for indicator and strategy development bear_5_0(ab_low_tol, ab_up_tol, bc_low_tol, bc_up_tol, cd_low_tol, cd_up_tol) bearish 5-0 harmonic pattern condition Parameters: ab_low_tol (float) ab_up_tol (float) bc_low_tol (float) bc_up_tol (float) cd_low_tol (float) cd_up_tol (float)...
OrderBlock Trend (CISD) Indicator Overview: The "OrderBlock Trend (CISD)" AKA: change in state of delivery by ICT inner circle trader this indicator is designed to help traders identify and visualize market trends based on higher timeframe candle behavior. This script leverages the concept of order blocks, which are price levels where significant buying or...
Hello traders 👋 This indicator "SPX Mapped Gaps" detects gaps from the SPX (or the trader's choice of index/asset) and plots them for the asset on your chart! Features Selectable comparison symbol Gaps from the selected symbol (SPX by default) are plotted for the asset on your chart - serving as potential support/resistance levels! Closest gaps from...
1. Global Liquidity Index: The code calculates global liquidity from economic data from multiple countries and regions. Specifically, it aggregates money supply data from major economies such as the United States, Europe, China, and Japan, and sums and adjusts them to get a global liquidity index. This index is calculated by summing data from different sources...
The "3-Criteria Strategy" is a simple yet effective trading strategy based on three criteria: 200-Day Moving Average: The first criterion checks whether the current price is above or below the 200-day moving average (SMA). A price above the 200-day line is considered bullish (thumbs up), while a price below is considered bearish (thumbs down). 5-Day...
Black-Scholes Option Pricing Model Strategy The strategy is based on the Black-Scholes option pricing model and allows the calculation of option prices, various option metrics (the Greeks), and the creation of synthetic positions through delta hedging. ATTENTION! Trading derivative financial instruments involves high risks. The author of the strategy is not...
Ref: pascalmichaillat.org Economists Pascal Michaillat and Emmanuel Saez have created a two-sided Sahm rule-based indicator (which the Financial Times named the 'Michez rule' ), using both the unemployment rate and also the vacancy rate for jobs. The economists noted that their modified indicator functioned for recessions going back to the year 1930, while...
Overview: This indicator is designed to take multiple other indicators as inputs, calculate their respective Z-scores, and then aggregate these Z-scores to provide a comprehensive measure. By transforming the inputs into Z-scores, this indicator standardizes the data, enabling a more accurate comparison across different indicators, each of which may have...
~ This simple to use indicator has advanced calculation techniques using Artificial Neural Network to give two lines that are meaningful to the person reading the lines. ~ Two statistics arrays are utilized to help with the calculation of the plot(s) ~ If the algorithm doesn't inadvertently reverse the plots then: GREEN shall be a flat line and BLUE should...
Publishing one of the simplest yet one of my favorite concepts. Had to publish since I didn't really find any script for this on TV. VWAP slope. This is nothing fancy because it's just calculating "slope" with a very basic level formula vwap_slope = (vwap - vwap ) / length Above zero line, it's positive zone. Below zero line, it's a negative zone. The idea is...
"Forex Macro Metrics " is a powerful tool for analyzing macroeconomic metrics, designed to help traders make more informed decisions in the forex market. This indicator displays key economic indicators such as interest rates, money supply (M1 and M2), unemployment rate, and government debt for various currencies and their pairs, allowing users to assess the...
Cash cycle band shows the number of days and the profit margin compared to the previous period (it does not indicate how profitable the company is, but how well it is managed). Cash cycle band consists of 6 sections: 1. DPO is the days payables outstanding in the "red" followed by O/D which is overdraft or short-term debt (if any) . 2. DIO is the days inventory...