Forex - Candle Price Info PanelInfo Panel that displays difference in ticks between current candle open value and highest/lowest wick values in past "X" number of candles
Quickly glance at a simple and recent price action range.
Put together as a learning project with help, code and advice from @jhanson107, @Zekis.
Difference
SpreadTrade - Distance (ps4 ver. 2)This script implements a rebrushed distance-based pair trading strategy. In this strategy, normally they trade the difference between the prices of two instruments. This difference is also called spread. Here, however we’ll trade the difference between two time frames of one instrument. And that's the main trick. Common procedure consists of the following steps:
1. Select two CORRELATED stocks. Here we'll use the same instrument in different TFs.
2. Generate the spread by calculating the difference between the prices/instruments. For distance based pair trading, we need to (rescale the data first and then) check the distance between them.
3. Define the logic to trade the spread and generate the trading signals. In this example we’ll calculate the rolling mean and rolling standard deviation of the spread. Whenever the spread goes above a rolling mean by one standard deviation, we’ll short the spread expecting the mean reversion behavior to hold true. And whenever the spread goes below its rolling mean by one standard deviation, we’ll go long on the spread.
Mind that the meaning of the orange and blue signals depends on whether tf variable is smaller or larger than the built-in timeframe.multiplier variable, i.e. tf of the chart.
For details see analyticsprofile.com
Donate: PayPal (paypal.me)
HMA-Kahlman Trend, DifferenceFilter & TrendlinesThis update to the previous HMA-Kahlman Trend, Clipping & Trendlines script features the same structure with the three modules:
- Trendlines module,
- NEW Winsorizing submodule using difference-based filtering.
- HMA-Kahlman Trend module.
The Winsorizing submodule filters signals by a volume level, eliminating the ones with the volume below a threshold. This module substitutes the previous 'low-level' filtering implementation. This time it filters out based on difference between scaled volume and its moving average.
Tested with BTCUSD.
Logistic Difference (ps4)This is an PS4 update to the Logistic Difference Indicator. It uses logistic function (sigmoid), which stabilizes the variance of data. The logistic function resembles the inverse Fisher transform. This version has a repaint/non-repaint switch and a scaling feature.
HeikinAshi - Candlestick % Difference This script shows the price difference ( %) between heikin ashi and candlestick for all investment instruments as Close, Open, High and Low. (Switchable )
In this way, you can see which instruments can easily use heikin ashi .
And by taking averages you can find the opportunity to compare which investment tools are more risk-free.
ADL-NDX Rank Difference-Buschi
English:
An expansion of the Advance Decline Line of the NASDAQ. It can be interesting to compare the Advance Decline Line with the corresponding benchmark index. I therefore made a ranking (0 to 100) based on the performance over the last days (default: 21 days). The difference is the target figure and ranges between -100 (bearish divergence) to +100 (bullish divergence).
Deutsch:
Eine Erweiterung der Advance Decline Line der NASDAQ. Oft möchte man den Verlauf der Advance Decline Line mit dem zugehörigen Leitindex vergleichen. Daher habe ich für beide ein Ranking (0 bis 100) erstellt auf Basis des Verlaufs über die letzten Tage (Standardwert: 21 Tage). Die Differenz stellt dabei die Zielgröße dar und schwankt zwischen -100 (bärische Divergenz) und +100 (bullische Divergenz).
ADL-SPX Rank Difference-Buschi
English:
An expansion of the Advance Decline Line of the NYSE. It can be interesting to compare the Advance Decline Line with the corresponding benchmark index. I therefore made a ranking (0 to 100) based on the performance over the last days (default: 21 days). The difference is the target figure and ranges between -100 (bearish divergence) to +100 (bullish divergence).
Deutsch:
Eine Erweiterung der Advance Decline Line der NYSE. Oft möchte man den Verlauf der Advance Decline Line mit dem zugehörigen Leitindex vergleichen. Daher habe ich für beide ein Ranking (0 bis 100) erstellt auf Basis des Verlaufs über die letzten Tage (Standardwert: 21 Tage). Die Differenz stellt dabei die Zielgröße dar und schwankt zwischen -100 (bärische Divergenz) und +100 (bullische Divergenz).
Contango-Backwardation-Buschi
English:
This script shows the difference between a future's continuous current contract (e. g. CL1!) and the continuous next contract (e. g. CL2!). Normally, the next contract is more expensive ("Contango" - shown in green). If the next contract is cheaper, the difference is negative ("Backwardation" - shown in red).
A change between Contango and Backwardation often corresponds with stronger price changes.
Deutsch:
Dieses Skript zeigt den Unterschied zwischen dem kontinuierlichen aktuellem Kontrakt eines Futures (z. B. CL1!) und dem kontinuierlichen Folgekontrakt (z. B. CL2!). Im Normalfall ist der Folgekontrakt teurer ("Contango" - angezeigt in grün). Wenn der Folgekontrakt billiger ist, ist die Differenz negativ ("Backwardation" - angezeigt in rot).
Ein Wechsel zwischen Contango und Backwardation korrespondiert häufig mit größeren Preisänderungen.
Symbol Difference-Buschi
English:
It's a very simple script to calculate the difference of the closing values of two symbols (symbol 1 - symbol 2).
Default values are AAPL vs. MSFT .
Deutsch:
Das ist ein sehr einfaches Skript, das die Differenz zweier Werte darstellt (Symbol 1 - Symbol 2).
Standardwerte sind AAPL vs. MSFT.
DEMA PRICE DİFFERENCE Strategy Strategy based on DPD indicator , price crossover the lower line , it means BUY signal. Price crossunder the upper line,it means SELL signal.
For @dpanday
Percent difference between price and MA Backtest Percent difference between price and MA
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Percent difference between price and MA Strategy Percent difference between price and MA Strategy
WARNING:
- This script to change bars colors.
Price and EMA Difference Customizable [Requested script]
Easy options, you can toggle the lines and other things. Even turn of the histogram.
High - EMA Strategy Backtest This indicator plots the difference between the High (of the previous period)
and an exponential moving average (13 period) of the Close (of the previous period).
You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
It buy if indicator above 0 and sell if below.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
RSI DivergenceRSI DIVERGENCE is a difference between a fast and a slow RSI. Default values are 5 for the fast one and 14 for the slow one.
You can use this indicator in 2 different ways:
normal RSI : check double or triple top/bottom on a chart meanwhile RSI is descending/ascending (check the example on chart)
signal line : when RSI Divergence cross zero line from bottom to top you get a buy signal (the line become green), vice versa when the RSI Divergence cross zero line in the opposite way you get a sell signal (the line become red)
Difference % between PRICE and VWAP V2Shows difference between price and daily/weekly/monthly/hourly/whatever VWAP.
In v2:
option to color bars
average percentual difference of custom period
histogram changes color depending on which levels it's at
Levels/period/color etc can be customized.
Use these inputs in the timeframe box:
M - month
W - week
D - day
2D (or 3W or 2M or whatever) = 2 Days (or three week or 2 months and so on)
60= 1 H
240= 4 H
5 = 5 min
and so on.
btw, vaguely remembering reading somewhere that the big players like to make their entry at 4% difference.
Percent Difference Between VWAP and Price MTFShows the difference between vwap and price in percent.
You can can choose between multiple timeframe vwap. Default is normal daily.
The levels on the indicator can be changed to whatever you want to.
In the chart above we can see eurusd reverting up at 3% below monthly vwap, after the brexit dip, It then turns down again at 1% from monthly and lastly it turns up again at 2% from monthly.
Script is a small modification of this:
High-Low Difference Channels r2About:
I developed the original as an experiment to potentially replace or augment my BB and RSI based strategies. After some back-testing I could see some really interesting results but it wasn't quite where I wanted it, so after some tweaking and further back-testing, and adding in more MA options, here we are. Mostly tested on 1h and greater time-frames using default settings.
Description / Usage:
Adjust length and multiplier much the same way you would expect with Bollinger Bands.
Multiplier of 1 gives you a base channel consisting of one high, and one low sourced MA
The outer channels are increments of the base high-low channel width, away from the hl2 sourced MA
r2 Changes:
Increased amount of up/down channels to 5, and lowered multiplier default to 1 (previously 1.5)
Tweaked default colour scheme.
Pick your MA poison of choice! Added choices for all your common MA variants.
Issues:
VWMA bugs out and refuses to draw sometimes - no idea why.
Additional Notes:
All MA variants available in this script were derived directly from the sources of those available within the pine editor. I have been fairly diligent trying to ensure they all function correctly, but I can't 100% guarantee it, so if anyone gives the script a try, or dives into the code and see's something odd - don't hesitate to let me know!
It would also be fantastic to hear feedback from anyone who finds use for this, to augment an existing strategy/idea, or develop something new. :)
High-Low Difference Channels - SMA/EMAI wrote this up as a potential replacement for my BB based strategies, and so far it's looking pretty nice.
Description / Usage:
Adjust length and multiplier much the same way you would expect with Bollinger Bands.
Multiplier of 1 gives you a base channel consisting of one high, and one low sourced SMA (or EMA)
The outer channels are increments of the base channels width, away from the median hl2 sourced SMA (..or EMA)
