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InfoPanel Divergence IndicatorThis panel spots divergences of some well knonw indicators. It may be usefull because you have all indicators in one panel only. Also, you can check on chart which indicator gives better results of each pair on stock or index or crypto. TO DO: to add custom indicators. thanks to: RicardoSantos for his script of panel coding Tradingview scripts Other members of TV community (I cannot remember the source and inspiration of all snipets) Please use comment section for any feedback.
Pine Script® indicator
by 03.freeman
2
Correlation Matrix by DaveattHi everyone A co-pinescripter friend told me this was impossible to do and we bet a free dinner tomorrow. Guess who's going to be invited to a very fancy restaurant tomorrow :) :) :) (hint: not him) What's the today script is about? This script is based on this MT4 correlation matrix Asset correlation is a measure of how investments move in relation to one another and when. ... Under what is known as modern portfolio theory, you can reduce the overall risk in an investment portfolio and even boost your overall returns by investing in asset combinations that are not correlated. I did it because it wasn't existing before with this format. What I discovered was only correlations shown as plot lines... #this #is #not #pretty How does it work? The correlation matrix will not be based on the current asset of the chart BUT will be based on the current timeframe (confusing? if yes, read it again until you'll get it) - Numbers of bars back: numbers of bars used for the correlation calculation - High correlation level: Correlation upper threshold. If above, then the correlation will be green - Low correlation level: Correlation lower threshold. If below, then the correlation will be red If the correlation is between the high and low levels, then it will be displayed in orange - FOREX/INDEX: You can choose between displaying the correlation matrix between 3 FOREX or 3 INDEX assets Also... So far the scale doesn't respond too well to the matrix so you'll have to adapt the scale manually. I'll publish a V2 if I'll find a way to solve this issue from the code directly #new #challenge A quick final note on why I'm sharing so much? It challenges me to think out of the norm, get out of my bubble and explore areas of Pinescript that I still don't know. This "a script a day" challenge allows me to speed up my learning curve on Pinescript by a billion factor (and I get a few interesting gigs as well) Let's bring this indicator to 100 LIKES guys !!!!! I think it deserves it, don't you think? :) PS Before all copy/pasters will add a version with crypto tomorrow, don't bother, I already did it and will post it in a few minutes for FREE :p ____________________________________________________________ Be sure to hit the thumbs up as it shows me that I'm not doing this for nothing and will motivate to deliver more quality content in the future. - I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies Jump on a 1 to 1 coaching with me - You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
Pine Script® indicator
by Daveatt
10
Crypto Prices InfoPanel V2Hello traders Following the introduction of ByBit to TradingView ByBit on TradingView I decided to upgrade my previous Bitcoin InfoPanel Bitcoin-Prices-InfoPanel/ Now it's more dynamic (thumbs up) but only work with Bitcoin, Ethereum and Litecoin . If you select any other asset than those 3, the script won't work This is due to a technical limitation on TradingView because I can't do more than 40 security calls per script If you don't know what the security function is, here's a reminder : Security documentation . If you don't know what is TradingView... I cannot do anything for you... Now you can use this panel to have a very cool arbitrage view directly from TradingView and use the info to gamble between brokers (not financial advice) See you all tomorrow for a huge update regarding the Strategy Builder. I'll show you how to connect it to a Backtest system ____________________________________________________________ Feel free to hit the thumbs up as it shows me that I'm not doing this for nothing and will motivate to deliver more quality content in the future. - I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies Jump on a 1 to 1 coaching with me - You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
Pine Script® indicator
by Daveatt
3
Risk/Reward (InfoPanel)Hello ladies (if any in my followers ?) and gentlemen Here's your indicator of the day and once again given for FREE. What I'm going to say to my landlord if I can't pay rent because I'm not asking for $$ ? I'll probably send the next indicators from below the town brige. Even then... I will still comply with my challenge to share 1 original indicator a day and not a copy of what already exists The today indicator is to show you the great possibilites behind the TradingView Label object : Label Profit And Loss LABEL I thought about that one for a while and wanted to share how we can calculate dynamically a Risk to Reward ratio . This indicator is not based on the price on the chart. I repeat before getting the question asked me privately 10 times This indicator is not based on the price on the chart. "Then it's not useful dude, you're dumb". I agree and.... I agree... BUT you can now calculate your Risk to Reward ratio on TradingView directly rather than using an external Excel file. Who's dumb now :) ? For those curious about it, I used this formula for the R:R ratio formula Calculating-risk-reward.asp It will also display the Profit and Loss data based on your inputs only ERRORS LABEL I also added some basic errors management. If any error occur when you'll type your inputs, then a very mean Error label will appear and you'll have to fix the issues in less than a few seconds. Otherwise your computer will explode (KABOOOOM) and your trading capital will be redirected to my own insurance fund (I have a family to feed, thanks for your sacrifices) (end of joke) In more seriousness, the engine will check if the TP1/TP2/Stop Loss/Entry price combinaisons makes sense. If not, you''ll be punished with an error label. You can use this methodology for your own indicators in the futur to display dynamic messages based on users' inputs and/or current price on the chart The educational video giving more details is coming right up. You can watch it and should be located under "IDEAS" Wshing you all a very fruitful end of your day and see you tomorrow for the last indicator of the week (baby David is tired and need his rest) Dave
Pine Script® indicator
by Daveatt
4
Multi Bar OHLC Compare Panel (Floating Grid)Multi Bar OHLC Compare Panel by RagingRocketBull 2019 version 1.0 This indicator lets you compare OHLCV values from several specified bars. Bars can be dynamic/persistent. You can also use it as an alternate OHLC panel if you don't like small font of the native TradingView panel. It uses Pinescript v4 to output data dynamically as string labels in a horiz/vertical grid. Features: - Floating Panel with customizable horiz/vertical layout and grid spacing - Support for up to 5 OHLC bars (highlighted with markers) - Outputs Bar #/index, OHLCV, Bar Change Value/%, Exchange/Ticker, Timeframe, Timestamp strings - Dynamic (fixed offset)/Persistent bars (fixed time) - Show/Hide parts of strings - Full output string customization, including text size, date/time format and delimiters - 2 Anchor points for panel offset: cur bar high or range high - Bar Change can change color Usage: - specify at least 1 bar index as OHLC source - select anchor point to position the panel - select horiz/vertical grid layout - adjust horiz/vertical spacing - customize output strings as needed Notes: - this indicator uses Pinescript v3 Compatibity Framework - both bars 1,2 are required for log scale adjustment to work - you can't attach the panel to screen's top/bottom and must use offset/anchor because, unlike plotshape, string labels don't support yloc=yloc.top/bottom, only yloc.above/belowbar - you can't precisely align strings in a grid because there's no label.get_width/height to calculate mid/left points, only get_x/y/text. Alignment will break depending on string length, zoom and change color option on/off - bar change is rendered as a separate label when change color is enabled (2 panels total) and merged into the main panel when disabled (single panel) - you can't change the order of strings as playing with the natural order of things isn't the best of ideas - you can modify the script to compare up to 50 OHLC bars, but do you need that much power? Of course, you do. - you can't set color/style for string labels in Style UI, so a few extra settings were added. - bar index is limited to 5000 for free accounts (10000 for paid), will show an error when exceeded, also when it exceeds the total number of bars in history - in persistent bars mode all bars with index > 0 are considered persistent, bar 0 always remains a dynamic bar - persistent bars' offset is reset: in replay mode on exit or when price reaches cur bar, or when panel layout is changed from h to v in both replay/realtime modes - initial pos of each persistent bar relative to the first realtime bar anchor doesn't change during session - new persistent bars introduced during session are attached to the most recent cur bar anchor P.S. Everything is proceeding as I have foreseen
Pine Script® indicator
by RagingRocketBull
5