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Multi Asset & TF Stochastic Multi Asset & TF Stochastic This indicator allows you to compare the stochastic oscillator values of two different assets across multiple timeframes in a single pane. It’s designed for traders who want to analyse the momentum of one asset (by default, the chart’s asset) alongside a second asset of your choice (e.g., comparing EURUSD to the USD Index). How It Works: Main Asset: The indicator automatically uses the chart’s asset for the primary stochastic calculation. You have the option to adjust the timeframe for this asset using a dropdown that includes PulseWire’s standard timeframes, a "Chart" option (which automatically uses your chart’s timeframe), or a "Custom" option where you can type in any timeframe. Second Asset: You can enable the display of a second asset by toggling the “Display Second Asset” option. Choose the asset symbol (default is “DXY”) and select its timeframe from an identical dropdown. When enabled, the script calculates the stochastic oscillator for the second asset, allowing you to compare its momentum (%K and %D lines) with that of the main asset. Stochastic Oscillator Settings: Customize the %K length, the smoothing period for %K, and the smoothing period for %D. Both assets’ stochastic values are calculated using these parameters. Visual Display: The indicator plots the %K and %D lines for the main asset in prominent colours. If the second asset is enabled, its %K and %D lines are also plotted in different colours. Additionally, overbought (80) and oversold (20) levels are marked, with a midline at 50, making it easier to gauge market conditions at a glance. %D line can be toggled off for a cleaner view if required: Asset Information Table: A table at the top-centre of the pane displays the active asset symbols—ensuring you always know which assets are being analysed. How to Use: Apply the Indicator: Add the script to your chart. By default, it will use the chart’s current asset and timeframe for the primary stochastic oscillator. Adjust the Main Asset Settings: Use the “Main Asset Timeframe” dropdown to select a specific timeframe for the main asset or stick with the “Chart” option for automatic syncing with your current chart. Enable and Configure the Second Asset (Optional): Toggle on “Display Second Asset” if you wish to compare another asset. Select the desired symbol and adjust its timeframe using the provided dropdown. Choose “Custom” if you need a timeframe not listed by default. Review the Plots and Table: Observe the stochastic %K and %D lines for each asset. The overbought/oversold levels help indicate potential market turning points. Check the table at the top-centre to confirm the asset symbols being displayed. This versatile tool is ideal for traders who rely on momentum analysis and need to quickly compare the stochastic signals of different markets or instruments. Enjoy seamless multi-asset analysis with complete control over your timeframe settings!

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by davejackson45

Currency Comparator Indicator Description This script helps you compare the price changes of various cryptocurrencies against each other. While PulseWire provides some pairs like ETH/BTC or BNB/BTC, it lacks support for comparing lower-market-cap coins against BTC or other currencies. That’s where this script comes in, allowing you to easily view ratios like DOGS/BTC, LSD/BTC, and more. You can also analyze the relationship between two high-market-cap assets, such as ETH/SOL, which is often not available directly on PulseWire. Additionally, this indicator enables you to view the changes of two cryptocurrencies alongside a base currency. For example, you can observe how Bitcoin's rise impacts LSD and whether it strengthens or weakens relative to BTC. Features Maximized View: You can open the indicator in a maximized chart view and use it like any other chart for your technical analysis. Customizable Comparisons: Compare any two assets with ease by configuring the indicator inputs. Important Notes 1.Preserving Drawings: Drawings and tools applied to the indicator chart are not tied to the indicator’s settings. This means changing the inputs won’t affect them. To avoid losing your work: Open the chart of the base asset (e.g., LSD/USDT) where you want to analyze a specific pair (e.g., LSD/BTC). Use the indicator there. This way, whenever you want to revisit your analysis, you only need to open the base chart (e.g., LSD/USDT) and update the indicator inputs to the desired pair (e.g., LSD/BTC). 2.Deleting the Indicator: Removing the indicator from the chart will also delete all your drawings. If you need to keep them, do not delete the indicator. 3.Precision Settings: By default, the indicator displays up to 12 decimal places (precision). For pairs where such precision isn’t required, you can adjust it in the settings under the "Style" section to your preferred value. If you need higher precision again, simply reset it to the default value.

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by UnknownUnicorn7763682

Normalized Price Comparison Normalized Price Comparison Indicator Description The "Normalized Price Comparison" indicator is designed to provide traders with a visual tool for comparing the price movements of up to three different financial instruments on a common scale, despite their potentially different price ranges. Here's how it works: Features: Normalization: This indicator normalizes the closing prices of each symbol to a scale between 0 and 1 over a user-defined period. This normalization process allows for the comparison of price trends regardless of the absolute price levels, making it easier to spot relative movements and trends. Crossing Alert: It features an alert functionality that triggers when the normalized price lines of the first two symbols (Symbol 1 and Symbol 2) cross each other. This can be particularly useful for identifying potential trading opportunities when one asset's relative performance changes against another. Customization: Users can input up to three symbols for analysis. The normalization period can be adjusted, allowing flexibility in how historical data is considered for the scaling process. This period determines how many past bars are used to calculate the minimum and maximum prices for normalization. Visual Representation: The indicator plots these normalized prices in a separate pane below the main chart. Each symbol's normalized price is represented by a distinct colored line: Symbol 1: Blue line Symbol 2: Red line Symbol 3: Green line Use Cases: Relative Performance Analysis: Ideal for investors or traders who want to compare how different assets are performing relative to each other over time, without the distraction of absolute price differences. Divergence Detection: Useful for spotting divergences where one asset might be outperforming or underperforming compared to others, potentially signaling changes in market trends or investment opportunities. Crossing Strategy: The alert for when Symbol 1 and Symbol 2's normalized lines cross can be used as a part of a trading strategy, signaling potential entry or exit points based on relative price movements. Limitations: Static Alert Messages: Due to Pine Script's constraints, the alert messages cannot dynamically include the names of the symbols being compared. The alert will always mention "Symbol 1" and "Symbol 2" crossing. Performance: Depending on the timeframe and the number of symbols, performance might be affected, especially on lower timeframes with high data frequency. This indicator is particularly beneficial for those interested in multi-asset analysis, offering a streamlined way to observe and react to relative price movements in a visually coherent manner. It's a powerful tool for enhancing your trading or investment analysis by focusing on trends and relationships rather than raw price data.

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by CAPRICORN-ASSETS

Automatic comparison of symbols depending on custom list In the indicator settings, specify a list of tickers and the corresponding symbol for comparison (e.g. TVC:DXY). Each new list must be on a separate line. The line must begin with the symbol for comparison, then an equal sign (=), and then a list of tickers separated by commas (e.g. OANDA:XAUUSD, OANDA:XAGUSD). If the ticker selected in the chart window is not found in any of the lists, then the symbol from the first list, which is specified before the equal sign, will be used as the symbol for comparison. For example: TVC:DXY = OANDA:XAUUSD, OANDA:XAGUSD OANDA:BCOUSD = OANDA:SPX500USD OANDA:SPX500USD = BINANCE:BTCUSDT *** Автоматическое сравнение символов в зависимости от настраиваемого списка В настройках индикатора укажите список тикеров и соответствующий символ для сравнения. Каждый новый список должен быть на отдельной строке. В начале строки должен быть указан символ для сравнения (например, TVC:DXY), затем знак равенства (=) и после него список тикеров, разделенных запятыми (например, OANDA:XAUUSD, OANDA:XAGUSD). Если выбранный в окне графика тикер не будет найден ни в одном из списков, то в качестве символа для сравнения ему будет соответствовать символ из первого списка, который указан перед знаком равенства. Например: TVC:DXY = OANDA:XAUUSD, OANDA:XAGUSD OANDA:BCOUSD = OANDA:SPX500USD OANDA:SPX500USD = BINANCE:BTCUSDT

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Shifted Symbol Overlay with Offset The Shifted Symbol Overlay Indicator is a custom PulseWire indicator designed to overlay the price data of one stock or asset over another, allowing for direct visual comparison. This is particularly useful for comparing the performance of two assets over different time periods. The indicator enables you to shift the data from one asset either forward or backward in time, making it easier to compare historical data from one stock with more recent data from another. The indicator supports shifting both to the right (future periods) and to the left (earlier periods), helping traders and analysts explore correlations or divergences between two financial instruments. The indicator also includes a normalization option that adjusts the scale of the two assets, so you can compare them even if they have vastly different price levels. This is useful when you're interested in relative performance rather than the absolute price values.

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Symbol Correlation The "Symbol Correlation" indicator calculates and displays the correlation between the chosen symbol's price and another selected source over a specified period. It also includes a moving average (SMA) of this correlation to provide a smoothed view of the relationship. Why SMA and Table Display ? The inclusion of SMA (Simple Moving Average) with adjustable length (SMA Length) enhances the indicator's utility by smoothing out short-term fluctuations in correlation, allowing for clearer trend identification. The SMA helps to visualize the underlying trend in correlation, making it easier to spot changes and patterns over time. The table display of the correlation SMA value offers a concise summary of this trend. By showcasing the current correlation SMA alongside its historical values, traders can quickly gauge the relationship's strength relative to previous periods. Interpreting the Indicator: 1. Correlation Values: The primary plot shows the raw correlation values between the symbol's price and the specified source. A value of 1 indicates a perfect positive correlation, -1 signifies a perfect negative correlation, and 0 suggests no linear relationship. 2. Correlation SMA: The SMA line represents the average correlation over a defined period (SMA Length). Rising SMA values indicate strengthening correlation trends, while declining values suggest weakening correlations. 3. Choosing SMA Length: Traders can adjust the SMA Length parameter to tailor the moving average to their specific analysis horizon. Shorter SMA lengths react quickly to price changes but may be more volatile, while longer SMA lengths smooth out noise but respond slower to recent changes. In summary, the "Symbol Correlation" indicator is a valuable tool for assessing the evolving relationship between a symbol's price and an external source. Its use of SMA and tabular presentation facilitates a nuanced understanding of correlation trends, aiding traders in making informed decisions based on market dynamics.

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ASG Delta %This utility script provides a convenient way to calculate the percentage gain or drop of a token's price within a user-defined date range. It eliminates the need for manual measurement on individual charts, saving time and effort. The script is particularly valuable when integrated into a daily token scanning routine for watchlists. By comparing the significant gains or drops among different tokens, traders can identify potential trading opportunities. Simply select the desired date range, and the script will identify the highest and lowest price points achieved during that period. It then shows a visual representation in the form of a bullish or bearish box, displaying the percentage change (delta %). If the current price falls within the box's upper and lower bounds, additional percentage information can be shown in either the 'normal' or 'reverse' mode. For instance, if a token experiences a -52.35% drop, enabling the 'Reverse' setting will reveal a potential 109.86% gain (from the low), or a 76.02% gain (from current price) or a potential drop of -16.5% (from current price) etc.. Having these basic statistics available, without having to manually chart them, especially during prolonged bear or bull markets, enables traders to make informed decisions and position themselves for more profitable trades. I hope you find this script valuable. Your comments and recommendations are welcome as they will help improve the script's functionality further.

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Marketron Shows you how the asset on the chart is trending versus the market. You can customise the market that it uses, and there are some common markets programmed in as options. Displays moving averages and a simple red/green bias. You could do this yourself by typing, e.g., ADAUSDT/TOTAL into the asset box in PulseWire and adding some EMAs manually and then interpreting them by eye. There's no hidden technology in this indicator. It just makes it a lot easier. You can choose various bias options. I'm not sure if it will work at resolutions lower than one day, depending on the level of your PulseWire plan. These are all the user-configurable settings and what they do. Market (Auto) – Choose from various preselected markets. Market Ticker Manual Override – You can type in the ticker for your market if it's not in the list. If you do, it overrides the Auto list. Show Classic EMAs – Show customisable Exponential Moving Averages. Bias Mode – Derive the red/green bias from whether price is above/below the Classic EMAs, or from a custom EMA function, or both. Show Bias Background – Colour the background, or not, with the directional bias. EMA 1 Length (smallest) – The length for the smallest EMA. EMA 2 Length – Length for the second EMA. EMA 3 Length – Length for the third EMA.

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by SimpleCryptoLife

Multi-Asset Month/Month % change 10yr Averages 10 Year Averages of Month-on-Month % change: Shows current asset, and 3x user input assets -For comparing seasonal tendencies among different assets. -Choose from a variety of monthly average measures as source: sma(close, length), sma(ohlc4, length); as well as sma's of vwap, vwma, volume, volatility. (sma = simple moving average). -Averages based on month cf previous month: i.e. Feb % = Feb compared to Jan; Jan % = Jan compared to prev year's Dec. Average of the last 10yrs of these values is the printed value. -Plot on current year (2023), or previous year (2022). If Plotting on current year, and a month of year has not yet occured, a 9yr average will be printed. /// notes /// -daily bars in month is a global setting; so choose assets which have similar trading days per month. i.e. Crypto: length = 30 (days per month); Stocks/FX/Indices: length = 21 (days per month). -only plots on Daily timeframe. 10yr Avgs; Plotting with Year = 2022; using sma(close, 21) as source for average M/M change

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DXY Overlay Compare Overlays the DXY chart over the top of any other chart. When the dollar strength increases, asset prices can drop and vice versa. Was created personally to compare with the price of Bitcoin.

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Hussarya compare DJI SPX BTC Script shows relations between DJI downJones SPX and BTC:USD. DJI chart must be set from candlestick to line Red line is price (close). x 8 Green line ist te price BTCUSD from Binance price (close) x 1.5

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by ChartsHussars

Time Offset Compare ticker with time offset. I couldn't find anything like this. I was hoping to use it to find a ticker that might act like a leading indicator for another one! Who knows? In the settings you can choose any ticker to compare, input the the number of bars you want it to be offset (positive or negative), and select plot source.

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Overlay Mini Plot(s) of Correlated Asset(s)Overlay a small plot of a correlated asset of your choosing. Shrink/expand, Set vertical and horizontal position, plot multiple mini-plots via duplicate indicators with varied settings. Plots the last X bars of any asset; including the live candle currently painting Useful for low time frame trading when you want to see correlated asset price movement right alongside the price movement you're watching. Useful for quick and simple comparisons; when you don't want the clutter of split screen or multi-pane view. Useful for backtesting. Price scale agnostic; just plots the shape of the recent price action, with several optional labels: Asset+timeframe | Live Price | Highest price over X bars | Lowest price over X bars. Works fine with all the assets i've tested it on. ~~User inputs~~ -number of bars to paint. -horizontal offset: plot to right X bars or to left X bars -vertical offset: shift up or down, shrink or expand; by using 2 'spacer' inputs -color/transparancy of candles and price labels. -width (pixels) of candle bodies. -choose to display price labels or not -choose to display asset label or not ~~Tips~~ --Add several of these indicators; changing the vertical 'Shift/Shrink' settings on each to visually separate them. --In the above chart or EurUsd, there are three indicators =>> three mini-plots overlaid: DXY, EurGbp and GbpUsd. Using the following settings for Space Above:Space Below: DXY- 0.1:4.5 | EurGbp- 1.8:1.8 | GbpUsd- 4.5:0.1 --the more you add, the more you'll have to vertically shrink the plots © twingall

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Compare std level It is used to compare symbol with different magnitudes and volatilities. It is compared by the level within its range of standard deviations. Visually, we are comparing where the price is in its Bollinger Band , for each symbol. 100 means that the price is near the upper band. 0 means that the price is near the lower band

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by nothingtoseehereOk

741 GME vs AMC A very simple script to compare 7 shares of $AMC versus 1 share of $GME. The script uses the closing price of the given securities.

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EsIstTurnt's Relative Value Comparison Multi Symbol Compare the relative valuation of up to 8 tickers. By taking a shorter term moving average and dividing by a longer term moving average(optionally with an offset) we get a value that is either above or below 1. Easy to tell what is undervalued and overvalued with this setup. Useful for comparing different asset classes or sector specific securities looking for outperformers/underperformers. Overvalued and Undervalued levels marked by Red and Green background. Recommended in conjunction with other indicators of your choosing for confirmation of trend changes but this is good for getting a broader view of the market you're interested in. Multiple timeframes, sources available however you should tinker with it to find what gives you the best view for your preferred timeframe.

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test - pattern similarity Experimental: Compares the similarity of two instruments price patterns.

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by RicardoSantos

Advanced Comparison Tool With the new Pine Script features you can build pretty interesting scripts. Here is my try to expand functionality of basic comparison tool you have in PulseWire. When you apply it on your chart you can select a bar when do you want to start comparing your instrument from. In parameters you can specify up to 32 symbols to compare. You can also disable symbols and change color for them as well. As a result you'll see a table with summary and line for every instrument you selected as if it started from the close of the selected bar. Disclaimer. Please remember that past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting. This post and the script don’t provide any financial advice

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Relative Strength Comparison This script plots the ratio between a ticker and the selected index. Currently, I have US equities indexes listed + BTC. It's a great way to check for relative strength, determine if absolute highs relative to the ratio are being made, etc. Additionally, optional comparison of the RSI is included. I was just testing something out but figured I'd leave in here because why not. If you use this, enable the 1.0 line. Script is a bit slow, will try to optimize eventually.

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Volatility Index This indicator is based on Historical Volatility (HV) built-in indicator with minor tweaks to match the Bitcoin Volatility Index (from Bybt). Also, you can select a symbol to compare its volatility with the volatility of the currently selected symbol.

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compare returns It could be very useful to analyze market with events in the market instead of only looking at the isolated chart. This indicator helps you to compare returns of chart symbol with any other symbol in the same timeframe. For example, in crypto market coins move with the Bitcoin and BTC is driver of the market, so it could be useful to compare returns of a coin with the Bitcoin. There is a compare feature in pulsewire, but it only compare from the beginning of the chart, not showing historical difference between returns which can reveals statistical opportunities or money flow in the market or between markets. This indicator take two parameters including base symbol and period: base symbol is the one which you need comparison with and period sets the period of comparison. For instance, with base symbol: BTCUSDT and period: 15, return of BTCUSDT from 15 previous candles is compared with the chart in 15 previous candles (on same timeframe). It could be helpful if you use this indicator to compare these pairs: - altcoins return with BTCUSDT return - stocks with their market index or industry index. - market indices: crypto total market cap with SP500 and GOLD please leave comment for me and this indicator to share your idea with me. thanks, hadi jamshidi

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by hadijamshidi

[JRL] Multi-Symbol Strength Tracker I created this script to compare cryptocurrencies that tend to be correlated, but it could also be used for forex or any other market. It is a fairly simple concept and compares price of each symbol to the specified period ema. This is helpful for tracking highly correlated symbols and visualizing moments when they are out of sync, perhaps signaling good times for buying or selling.

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Compare Price Momentum Oscillator [CC]The Compare Price Momentum Oscillator was created by Vitali Apirine (Stocks and Commodities Aug 2020 pg 16) and this is a handy indicator to compare the momentum of the current symbol you are looking at to the s&p to determine the relative strength of the underlying security. Buy when the line turns green and sell when it turns red. Let me know if there are any other scripts you would like to see me publish!

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by cheatcountry

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