Inside Bar Setup Indicator Description The **Inside Bar Setup ** indicator is a powerful tool for traders to identify and visualize inside bar patterns on their charts. An inside bar pattern occurs 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. This pattern can...
Code Description This Pine Script™ is designed to analyze the distribution of historical returns of a financial asset and project future confidence levels. It uses statistical techniques to estimate the probability of winning and losing as well as displaying confidence bands and distribution statistics. User Entries Length (252): The number of days used to...
Options Pair Zigzag: Though we can split the chart window and view multiple charts, this indicator is useful when we view options charts. How this indicator works: The indicator works in non-overlay mode. The indicator will find other option pair symbol and load it’s chart in indicator window. It will also draw a zigzag on both the charts. It will also fetch...
Description: This indicator uses Geometric Brownian Motion (GBM) simulations to predict possible price trajectories of a financial asset. It helps traders visualize potential price movements, assess risks, and make informed decisions. Geometric Brownian Motion: Geometric Brownian Motion is an extension of standard Brownian motion (or Wiener process) used to...
Dynamic Trendline Bands with Buy/Sell Pressure Detection This indicator provides a comprehensive analysis of price movements by incorporating smoothed high and low bands, a midline, and the detection of buying and selling pressure. It is designed to help traders identify key support and resistance levels as well as potential buy and sell...
The "Custom Text Display" indicator allows users to display customizable text in a fixed position in the bottom-right corner of their chart. Each text entry can have its own color, which can be set in the indicator's settings. Follow these steps to set up and use the indicator effectively: Adding the Indicator to Your Chart: Apply the "Custom Text Display"...
Indicator: MasterX for Derivatives This Pine Script indicator identifies specific market conditions using Algorithm X and generates buy signals under certain criteria. The script also calculates and displays corresponding stop loss (SL) and two target levels (Target 1 and Target 2) for each buy signal. Key Features: Buy Signal: Generated based on specific market...
The Dual Leverage Liquidation Levels Indicator is a powerful tool designed for traders who utilize leverage in their trading strategies. This indicator automatically calculates and displays the potential liquidation levels for a variety of leverage ratios, enabling traders to visually assess their risk and manage their positions more effectively.
The Garman-Klass-Yang-Zhang Volatility Estimator (GKYZVE) is yet another attempt to robustly measure volatility, integrating intra-candle and inter-candle dynamics. It is an extension of the Garman-Klass Volatility Estimator (GKVE) incorporating insights from the Yang-Zhang Volatility Estimator (YZVE) . Like the YZVE, the GKYZVE holistically considers open, high,...
The Yang-Zheng Volatility Estimator (YZVE) integrates both intra-candle and inter-candle dynamics, such as overnight and weekend price changes, offering a more detailed analysis compared to traditional methods. The YZVE is proposed to improve over the standard deviation by accounting for the open, high, low, and close prices of trading periods, instead of only the...
Dynamic Support and Resistance: Traces adjustable support and resistance lines based on historical prices, signaling new market barriers. Price Projections and Volatility: Calculates future price projections using moving averages and plots annualized standard deviation-based volatility bands to anticipate price dispersion. Intuitive Coloring: Colors between...
Display your custom charts exported from anywhere in TradingView. Put your candles on candles : var Candle candles = array.from(...) For instance: var Candle candles = array.from(Candle.new(2.0, 4.0, 1.0, 3.0), Candle.new(3.0, 5.0, 2.0, 4.0)) Candle details: Candle.new(open_1, high_1, low_1, close_1)
Input : * two option Premiums * net Premium Paid for LONG * net Premium Received for SHORT based on the above data it plots the line chart of the premiums the indicator can be used to monitor the straddle / strangle positions the table displays the premiums of the corresponding options premiums and the current premiums based on the positions the color of the...
RSI indicatorThis indicator is designed to provide buy and sell signals based on the Relative Strength Index (RSI). Here's a breakdown of its components and functionality: 1. **Input Parameters**: - `Period`: This parameter allows the user to adjust the period used in calculating the RSI. - `Upper Threshold` and `Lower Threshold`: These parameters define...
ntroduction The "Long / Short OI Build Up" script is designed to identify potential long or short build-up opportunities based on changes in open interest (OI) and price movements. Open interest refers to the total number of outstanding contracts for a financial asset, such as futures or options, that have not been settled. This script provides insights into...
# Binance Open Interest + SMA An indicator showing open interest (OI) in US dollars ($) for Binance USD-margined perpetual contracts. This means the indicator shows the total value of all open perpetual contracts on the Binance platform for the ticker being charted. As such, it can provide insights into market activity for an asset and trading interest, as rising...
Dynamic Candle Balance Indicator The Dynamic Candle Balance Indicator is a powerful tool designed to identify imbalances in candle colors on a chart, which can indicate potential reversals or changes in market direction. This indicator is specifically developed for traders operating on short timeframes, such as 1-minute candles, and is particularly useful...