Pinescript requires many of its built-in functions to use a simple int as their period length, which entails the period length cannot vary during the script's execution. These functions allow using a series int or series float for their period length, which means it can vary on each bar.
The functions shared in this script include:
Rolling sum: Sum(src,p)
This indicator takes market volume and organizes it into wave charts, clearly highlighting inflection points and regions of supply/demand.
Try tuning this for your instrument (Forex not supported) by adjusting the "Trend Detection Length". This "clubs together" minor waves. If you like an oscillator-kind-of display, enable "ShowDistributionBelowZero" option....
This script calculates the run time of a Pine script. While its numbers are not very precise and it doesn’t work on all scripts, it will help developers calculate run times more precisely than by hand, and so provides Pine coders with an additional profiling tool to help them optimize their code.
How to use the code
• Place the code included between the up/down...
RSI bands provide an intuitive way of visualizing how the price movement causes RSI to move with in its range (0-100). Upper/Lower bands signify overbought and oversold levels respectively (Default: 70/30, you can customize them via options page). These bands closely match what Constance Brown explains in her book "Technical Analysis for the Trading Professional"....
The PSO, developed by Lee Leibfarth, is a rewired version of a short-period stochastic. This provides a quick response to changes in market direction. This highly sensitive indicator allows for early anticipation of price turns and can be used to establish definitive trading zones that identify potential trading opportunities.
Rules as suggested by Mr.Lee:
Alerts for famous Turtle Trading Rules. Based on work from tmr0 and ossettia. It can be used with Autoview.
If you have any advice on how to further improve the script, please let me know by PM or comment below. Thanks!
Please hit on "Like" if you find this script useful so that others can find it easier. Thanks!
*** The information and script provided here are...
Since my exchange doesn't support trailing stop I made a script for it.
It is fully configurable, which means you can set the bars for calculation, the offset and sources for trigger and calculation.
The original purpose for me was to send a command to my bot. If you like it please comment and check out my other scripts.
This is a tool, shows the volume variation % strength related to the X past candles.
The current candle is shown in real time, until candle closes.
The visualization of the candle time to close is a thin line, that is 100% for all past candles and slowly goes up for the current candle.
Best with an example:
with a 4h candle, 1 hour has wasted already. This is...
Another tool for the cooltoyz series :)
tired of having to look at multiple time frames for a ticker, and having to mentally mix them to try to guess/visualize trends, or support/resistance levels? so was i, and with this tool i let the chart do the heavy lifting :)
with this, upper time frames are visualized as shadows imposed on the chart itself. there are...
This script is designed specifically for firing an alert every candle. It can also be used to just fire an alert on a green candle, or a red candle to slow it down a bit.
This is a script we use to close all of our orders or positions on any of the integrated exchanges.
You can use a fire once alert with greater than on condition and the alert will typically fire...
This is a no-volume version of Vervoort's SVAPO. The original version is @
Since it doesn't include volume in its calculations, you can use this on FX.
More info on SVAPO:
BTW, this is my 150th script. Plenty more to come, my...
Tired of wasting countless hours switching back and forth between timeframes?
Worry not! For only 499.95$ now you can... Oh wait this script took me 5 minutes I can't sell that.
The idea is priceless thought.
This is a very basic script that lets you view 2 daily exponential moving averages from any timeframe (you won't see much from higher timeframes...
here is my first script.
This is the normal 14 period ADX,
but with a color twist, to make it extremely easy on eyes.
easily spot the strength.
ADX, as you know, shows the strength of the trend.
As short term traders, we need price movement and a strong trend.
How to use this script ?
1. We don't trade when ADX is in the red...