Close

Strategy Gaussian Anomaly Derivative Concept behind this Strategy : Considering a normal "buy/sell" situation, an asset would be bought in average at the median price following a Gaussian like concept. A higher or lower average trend would significate that the current perceived value is respectively higher or lower than the current median price, which mean that the buyers are evaluating the price underpriced or overpriced. This behaviour would be even more relevent depending on its derivative evolution. Therefore, this Strategy setup is based on this Gaussian like concept anomaly of average close positionning compare to high-low average derivative, such as the derivative of the following ploted basic signal : 1-(high+low)/(2*close). This Strategy can actually be used like a trend change and continuation strength indicator aswell. In the Setup Signal part : You can define the filtering of the basis signal "1-(high+low)/(2*close)" on EMA or SMA as you wish. You can define the corresponding period and the threathold as a mutiply of the average 1/3 of all time value of the basis signal. You can define the SMA filtering period of the Derivative signal and the corresponding threathold on the same mutiply of the average 1/3 of all time value of the derivative. In the Setup Strategy part : You can set up your strategy assesment based on Long and/or Short. You can also define the considered period. The most successful tuned strategies I did were based on the derivative indicator with periods on the basis signal and the derivative under 30, can be 1 to 3 of te derivative and 7 to 21 for the basis signal. The threathold depends on the asset volatility aswell, 1 is usually the most efficient but 0 to 10 can be relevent depending on the situation I met. You can find an example of tuning for this strategy based on Kering's case hereafter. I hoping that you will enjoy using this Strategy, don't hesitate to comment, to question, to correct or complete it ! I would be very curious about similar famous approaches that would have already been made. Thank to you !

Strategy

OHMLC Lines - Present - Current OHMLC candles - Show current Open, High, Mid, Low, Close candles levels

Indicator

50% candlestick close This indicator is useful at important level, when you want to see some bullish or bearish signs in candlestick. At your important support level you can buy, if candlestick close is above 50% of its range, with low of this candlestick as SL. At your important resistance level you can sell, if candlestick close is below 50% of its range, with high of this candlestick as SL.

Indicator

by fibonacci_wizard

Bursa Malaysia Index Series ERVIEW This indicator is intend to display Bursa Malaysia Index Series. █ FEATURES 1. Choose available sector based on Bursa Malaysia Index. 2. Plot close or OHLC. 3. Color of Closing price plot adapt to chart background color. 4. Font size can be selected. █ EXAMPLES / USAGES

Indicator

by RozaniGhani-RG

Prior day and pre-market high low This indicator displays the: - Prior day high - Prior day low - Pre-market high - Pre-market low as a coloured line across the entire session for each individual session on an intraday chart. For the extended session, this indicator marks the prior day and pre-market high low for each individual session starting at the pre-market and ending in the post-market, a feature not available on other indicators. This indicator automatically marks out the levels for the prior day and pre-market high low for each individual session, allowing the user to observe how the price action behaves around the prior day and pre-market high low. Note: In this script, request.security() used with lookahead = barmerge.lookahead_on to fetch prices without offsetting the series by for the extended session does not access future data. This is because for extended session, request.security() sees the start of the session to be at the start of the regular session and ends at the end of the pre-market, when in reality the session starts at the start of the pre-market and ends at the end of the post-market. Hence in each extended session when the line is first drawn in the pre-market, request.security() returns the value of the prior day high/low, and not future data.

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HL-D Close Fraction Oscillator | Adulari Description: This indicator calculates the difference between price high's and low's, and fractions it by the close price. If it calculates the difference between a high and low or low and high is defined by whether the current close is higher than the previous close. It is then also rescaled to ensure the value is always appropriate compared to the last set amount of bars. This indicator can be used to determine whether a market is trending or ranging, and if so in which direction it is trending. How do I use it? Never use this indicator as standalone trading signal, it should be used as confluence. When the value is above the middle line this shows the bullish trend is strong. When the value is below the middle line this shows the bearish trend is strong. When the value crosses above the upper line this indicates the trend may reverse downwards. When the value crosses below the lower line this indicates the trend may reverse upwards. When the value crosses above the signal this indicates the current bearish trend is getting weak and may reverse upwards. When the value crosses below the signal this indicates the current bullish trend is getting weak and may reverse downwards. Features: Oscillator value indicating the difference between highs and lows fractioned by the close price. Signal indicating a clear trend and base line value. Horizontal lines such as oversold, overbought and middle lines, indicating possible interest zones. How does it work? 1 — Define trend by checking if current close is above or below previous close. 2 — If the current close is above the previous close, calculate the oscillator's value using this formula: (high - low) / close 2 — If the current close is below the previous close, calculate the oscillator's value using this formula: (low - high) / close 3 — Smooth the original value using a specified moving average. 4 — Rescale the value using this formula: newMin + (newMax - newMin) * (value - oldMin) / math.max(oldMax - oldMin, 10e-10) 5 — Calculate signal value by applying smoothing to the oscillator's value.

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OHLC Tool OHLC Tool allows you to display Current or Historical OHLC Values as horizontal lines that extend to the right on your chart. Features Variable Lookback to display a specific historical bar's values. Default = 1 (Previous Candle) Customizable Timeframe to view HTF Candle values. Custom Line Colors, Styles, and Thicknesses. Price Scale Value Display Capability. For displaying the line values and labels on the price scale you will need to enable: "Indicator and financials name labels" and "Indicator and financials value labels" These options are found in the Price Scale Menu under Labels. Price Scale Menu > Labels When you do this you will notice your other indicator values will also be on the price scale, if you wish to disable these, go to the indicator settings under the "Style" Tab, Uncheck the "Labels on price scale" box. Indicator Settings > Style > "Labels on price scale" Enjoy!

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Line Chart with circles on sub chart / LineChart no Candles Line Chart with circles as a subchart. The circle will appear only after the candle has been confirmed. Things you can change: - Source: open, high, low, close, hl2, hlc3, ohlc4, hlcc4 - Color: change the color of the line and the circles have fun with it!

Indicator

by kryptocollector

Range Gap/Open to Close/Close to Close This indicator shows the percentage variation of: gap close to close (day including gap) open to close (without gap) The green bars represent the days when the variation did not reach the selected range. The red bars show the days when the variation was higher than the selected range. Best timeframe : DAY

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Dashboard (chlo) - v1 I am an aircraft maintenance technician who is trying to get into software development in the financial sector. This is a project in which a dashboard of other security(stocks) with open, close, high, and low will appear. I could compile this after a detailed study of different dashboards and pine script for several hours hope you like this.

Indicator

by karthiksundaram111

Cipher Twister - Long and Short INTRO / NOTES: This script is based on Market Cipher B Oscillator by Falcon The difference in this script is that only the useful points are printed on the indicator, namely Long and Short Trade Execution signals to be used by a bot, namely the PT Bot. The script also differs from the original that it has been upgraded to Pinescript v4 This oscillator can be used with ALL time frames, but generally works the best on 15 minute and 1 hour charts on ANY market, no matter, stock, forex, crypto, spot, futures, derivatives, Nasdaq etc... DEFINITIONS: This oscillator forms the foundation of Buy and Exit of Long and Short Trades. There are 2 'Red' Lines at the top of the channel and 2 Green Lines at the bottom of the channel. These two channels are set at default to be +53 / -53 and +60 / -60 respectively. These two lines will serve as the threshold point if one is to make cautious trades only. There is a center line which divides the Oscillator into two parts. Above the center line, the market is in over bought territory and Below the center line is in over sold territory. 'Red' dots are drawn by the indicator to represent a potential Short (or a signal to exit from a Long position) 'Green' dots are drawn by the indicator to represent a potential Long (or a signal to exit from a Short position) The 'Red' and 'Green' dots are draw when a Cross between both wt1 & wt2 cross, thus providing a fantastic indication of potential trend reversal and entry/exit of a position. STRATEGY NOTES: The strategy to use this indicator with for realistic and proper results would be to use it with an automated Trading Bot such as Profit Trailer (PT-BOT) You could use this strategy manually, however it would mean you would need to sit in front of the screen all day and night long and activate the trades immediately after the 'red'/'green' dots are drawn. Usually this will result in non-optimal entries and exits as well as loss on various instances when a 'red' and 'green' dot are printed close together (which is usually when the market goes into correction/consolidation) and slow entries/exits will result in a loss rather than a small profit or exit at BE (Break Even) ACTUAL STRATEGY (For use with automated bot) To be used in conjunction with Heikin Ashi Candles for added cautionary measures For LONGs ONLY -------------------- 1/ When 'Green' dot is drawn, ACTIVATE Long Position (Use 1.5% Risk Management for each trade) (Use Lot size based on 1.5% risk management and xLeverage (if any)) 2/ Make sure bot Opens an SL (Stop Loss) value based on 1.5% Risk Management 3/ When 'Red' dot is drawn, CLOSE Long Position. *If you want to add extra caution to your trade, only activate the trade if the 'Green' dot is BELOW the 'Green' Markers *For added caution, use color coded Heikin Ashi candles to 'confirm' Activation and Closing of a trade in the bot configuration --------------------------------------------------------------------------------------------------- For SHORTs ONLY -------------------- 1/ When 'Red' dot is drawn, ACTIVATE Short Position (Use 1.5% Risk Management for each trade) (Use Lot size based on 1.5% risk management and xLeverage (if any)) 2/ Make sure bot Opens an SL (Stop Loss) value based on 1.5% Risk Management 3/ When 'Green' dot is drawn, CLOSE Short Position *If you want to add extra caution to your trade, only activate the trade if the 'Red' dot is Above the Red Markers *For added caution, use color coded Heikin Ashi candles to 'confirm' Activation and Closing of a trade in the bot configuration --------------------------------------------------------------------------------------------------- Supplementary Notes: Make sure that your bot configuration will only activate ONE TRADE when the 'Green'/'Red' dot appears. Occasionally during high volatility , 'red'/'green' dots will appear intermittently before remaining drawn, thus the oscillator 'redraws' the dots during market movement. There will be times where occasionally a 'green' dot or a 'red' dot will appear, the trade will be opened, but the trade will fail due to the market manipulation (algorithm/market maker bots/fake volume etc), to wipe out those trading on derivatives and futures markets using leverage. Do not worry about this, no bot can make 100% wins, no strategy will achieve 100% win ratio and one necessarily doesn't need a high win ratio when using strict money management practices with your trading for SL and lot size. If you use this method, you will see great results, but again I must stress, using this method with a fully automated bot is the only way to achieve proper results.

Indicator

by Market-Pip-Factory

DW-MTF-Close Price(1W/3D) as Support Line This simple study shows closing price of higher timeframes on your chart. Be sure to use a lower timeframe on your chart itself.

Indicator

by techno_junkie

High/Low/Open/Close Daily, Weekly, Monthly Line I wrote this for the purpose of saving time while marking up charts by automating the process of drawing and labeling lines at areas of interest on larger timeframes while still having the option to change the style and size of the lines and labels to adjust for any timeframe and avoid a messy chart. I also used this as an exercise in menu organization giving users every imaginable option and producing clean readable code. - This indicator draws a line on the Daily, Weekly, and Monthly bar at the High, Low, Open and Close of each bar as price tends to react when revisiting these areas. - Each set of bars has an optional identifying label with its own color set that can be shown with or without the lines price value, and has drop down menus for size and style of each set of labels. - Each set of lines has inputs for line/text color, line width and style, and can be hidden if the user doesn't have the need for any particular timeframe. - Lines and Labels with delete when a new line is created. - I recommend going into Chart Settings/Status Line and turning off indicator arguments OR moving the script to the top of the indicator list to avoid an obstructed chart view with this indicators arguments. When Pine allows, I will update it to hide them. Contains some public domain code from T.V. manuals and tutorial for creating drop down input menus for options. / ~For My Pal Jittery~ ~ Who likes his clean chart and custom colors~

Indicator

by goofoffgoose

Baseline (BL)My baseline study lets you compare price to the previous days close. You can select the time frame for this baseline. I have included the ability to use a custom period length or your own anchor value. Custom anchor values are great for comparing the price to your cost average. The features I have included are bar color and background color. I liked the idea of the 'baseline" chart but I didnt like the implementation. Enjoy

Indicator

by The_Peaceful_Lizard

Percent Levels From Previous Close This indicator plots on the chart +/- 1% / 2% / 3% ranges based on the previous day's close levels. Disclaimer : Success in trading is all about following your trading strategy and indicators should fit into your own strategy, and not be traded purely on. This script is for informational and educational purposes only. Use of the script does not constitute professional and / or financial advice. You are solely responsible for evaluating the outcome of the script and the risks associated with using the script. In exchange for the use of the script, you agree not to hold monpotejulien PulseWire user responsible for any possible claims for damages arising out of any decisions you make based on the use of the script.

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Close Over/Under Level If you want to be alerted when a price closes above or below a given level(s), then this indicator is for you! 😁 Whether you're looking for a breakout, or some change of structure, etc, this should come in handy. Usage: Just add a level(s) (anything above 0). Optionally plot lines. Set alerts as normal. Enjoy!

Indicator

HLC True Strength Indicator (with Vix)HLC True Strength Indicator Volume Weighted with Vix Line by SpreadEagle71 This indicator is a True Strength Indicator with Close, High and Low used together, along with the TSI of the Vix. The white line is the close. The red line is the lows and the blue is the highs. These are also volume-weighted. How to Interpret: 1. zero line crosses. If SPY/SPX500 crosses the zero line, then its bullish. If the purple Vix line crosses up, watch out because this is bearish. 2. white/blue/red lines cross purple (Vix). If they cross upwards, this is bullish. If downward, this is bearish. Basically, SPX, ES1!, SPY or even DIA can be used. The security and the Vix should travel in opposite directions and cross the zero-line at the same time. But this is not always the case. 3. Black area infills. These are used between the close and the highs (blue) and the lows(red). Close should not be between these in order to have momentum. 4. Close (white line) leads. Close is the last price so it tends to show where the others (highs and lows) are going. If the close is sagging below a high where the blue lines are on top, this could mean that there is a reversal coming. Same holds true for a white line above a "valley" formed by the blue and red lines; it could mean a reversal to the upside soon. 5. The Black Infill areas as a squeeze or contraction/expansion area. The thinner the black infill areas, the more of a momentum "squeeze" could be present. Wide black infill areas mean increased volatility and what may come next is a reversion to the mean for volatility. See TTM Squeeze Indicator or the Squeeze Momentum Indicator (kudos LazyBear). Lastly, just remember indicators indicate; they are not magic. :) SpreadEagle71

Indicator

by SpreadEagle71

Key Levels // How it Works \\ Calculating Previous Days, Weeks and Monthly open, high, low, close and vwaps Plots these levels on your chart // Settings \\ You can enable/disable any of the levels you want to see You can also change the amount of bars back the levels are plotted back to // Use Case \\ These levels are often used in different methods of Technical analysis for support and resistance. // Suggestions \\ Happy for anyone to make any suggestions on changes which could improve the script, // Terms \\ Feel free to use the script, If you do use the script could you please just tag me as I am interested to see how people are using it. Good Luck!

Indicator

Close strength line The close strength line shows how much the strength in the current up/down trend actually present. We calculate it by difference between High-Low and the way it moves with respect to Close moving averages. You can change intervals from settings. Use this in combination with any other moving average indicator e.g. EMA 13 when Close line is below other indicators/priceline, it is Uptrend and close line acts as support. when Close line is above other indicators/priceline, it is Downtrend and close line acts as resistance. You can also use Close line as potential Targets for Buy or Short trades depending on it's direction with respect to price line last Close.

Indicator

Close Combination Lock Style - Visual Appeal This creates a combination style closing price change on each tick. It has two theme options, one as silver dials for Dark Theme and the other as black dials for White Theme. We get fixated to watching closing prices on charts and it gets visually daunting. This creates a combination style price change which updates on each tick, which is quite pleasing to the eye. When new price is above current center line, it shift the above prices showing ▲ arrow, and if new price is lower, it will shift the bottom prices showing ▼ arrow. If there is no change in price between the ticks, it will show =.

Indicator

by processingclouds

T3 + BB TRES EMAS + BANDAS DE BOLLINGER INDICADOR 1: TRES EMAS (MEDIA MOVIL EXPONENCIAL) Con este indicador puede visualizar el promedio de precios con mayor peso a los datos mas recientes. Se calculan y dibujan tres medias móviles exponenciales: 4, 20 y 200 últimas velas. -Rápida EMA1 = 4, paso = 1 -Media EMA2 = 20, paso = 2 -Lenta EMA 3 = 200, paso = 10 INDICADOR 2: BANDAS DE BOLLINGER Con este indicador podrá ver la fuerza y la tendencia del mercado, es decir la mide la volatilidad del precio del activo. Si el precio sobrepasa la banda superior, el activo está sobrecomprado. Si el precio sobrepasa la banda inferior, el activo está sobrevendido. Longitud tendencia - BASE = 20, paso = 1 Desviación Estándar - Multiplicador = 2, paso = 0.2 Estos 2 indicadores sirven para todo tipo de activos: FOREX, CRIPTO, CFD´s, ETC. ------------------------------------------------------------------------------------------------------------------ THREE EMAS + BOLLINGER BANDS INDICATOR 1: THREE EMAS (EXPONENTIAL MOVING AVERAGE) With this indicator you can visualize the average of prices with greater weight to the most recent data. Three exponential moving averages are calculated and drawn: 4, 20 and 200 last candles. -Fast EMA1 = 4, step = 1 -Average EMA2 = 20, step = 2 -Slow EMA 3 = 200, step = 10 INDICATOR 2: BOLLINGER BANDS With this indicator you can see the strength and trend of the market, that is, it is measured by the volatility of the asset price. If the price goes above the upper band, the asset is overbought. If the price goes above the lower band, the asset is oversold. Trend length - BASE = 20, step = 1 Standard Deviation - Multiplier = 2, step = 0.2 These 2 indicators are used for all types of assets: FOREX, CRYPT, CFD's, ETC.

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Percentage Levels by Timeframe Plots the positive and negative percentage levels from a selection of timeframes and sources for any ticker. You can use this within a pullback trading system. For example, if you historically look at the average pullback of large cap stocks and ETF's, you can use this indicator to plot the levels it could pullback to for an entry to go long. It can be used as potential targets when trading a ticker short. Another use for this is to backtest the set percentage targets using PulseWire's bar replay feature to see how ETF's and large cap stocks have reacted at these levels. Note: This is intended to be used at timeframes equal to higher than the chart's as it may cause re-painting issues. Currently percentage levels are statically set to 1, 3, 5, 10, 15, 20, 25, and 30% levels above and below the chosen source (open, high, low, close). You can also display the data based on timeframes from Daily (1D) all the way up to Yearly (12M) *Not financial advice but in my opinion the current percentage levels set (see above) are best used for ETF's and Large Cap Stocks. Jan 2 Release Notes: Added the ability to select the historical bars to look back when plotting levels Jan 2 Release Notes: To get a better display or proper resolution on your charts, change the view settings to "Scale Price Chart Only" Jan 2 Release Notes: To add % labels for this indicator on the price axis, change your chart settings to include "Indicator Name Label" & "Indicator Last Value". You can find this under the Label section after hitting the gear icon in the bottom right of your chart. Jan 2 Release Notes: Added: Custom Line Plot Extension Settings. Ideally both values should be equal to display optimal extended lines. To return to a base setting: '1' = Historical Lookback & '0' = Offset Lines. Also note this is dependent on the timeframe you are viewing on the chart. Jan 2 Release Notes: Removed indicator from example chart that was not needed. Jan 2 Release Notes: Updated some comments in the Pine Script Jan 2 Release Notes: Update: Added commentary and instructions in the indicator settings to address recommended line plot settings for Stocks/ETF's vs Futures Jan 2 Release Notes: Changed title from "Calculation Method" to "Calculation Source" Jan 4 2021 Normal use of security() dictates that it only be used at timeframes equal to or higher than the chart's as it may cause re-painting

Indicator

by thacoolbreeze

Plot Real Open and Close - SamX I built this indicator as a personal request from a friend. He often trades using Heiken Ashi charts, but wanted a way to easily cross-reference real-price open and close values for the same timeframe on the same chart (as HA candles are by design lagging, they can take a few periods to catch up to a large move). This can also be used to help guide support and resistance zones using real-price data points should you so choose. There are 2 major ways to configure this indicator to display real-price open and close: As a Bar or Hollow Candle style chart overlay As on-chart shapes (allowing individual control over which data to show - open, close, or both)

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In-depth global business and economic analysis Comprehensive trading education and market insights