Priceprediction — Indicators and Strategies

ADR & ATR Overlay ADR & ATR Overlay This indicator will display the following as an overlay on your chart: ADR % of ADR ADR % of Price ATR % of ATR ATR % of Price Description: ADR : Average Day Range % of ADR : Percentage that the current price move has covered its average. ADR % of Price : The percentage move implied by the average range. ATR : Average True Range % of ATR : Percentage that the current price move has covered its average. ATR % of Price : The percentage move implied by the average true range. Options: Time Frame Length Smoothing Enable or Disable each value Text Color Background Color How to use this indicator: The ADR and ATR can be used to provide information about average price moves to help set targets, stop losses, entries and exits based on the potential average moves. Example: If the "% of ADR" is reading 100%, then 100% of the asset's average price range has been covered, suggesting that an additional move beyond the range has a lower probability. Example: "ADR % of Price" provides potential price movement in percentage which can be used to asses R/R for asset. Example: ADR (D) reading is 100% at market close but ATR (D) is at 70% at close. This suggests that there is a potential move of 30% in Pre/Post market as suggested by averages. Notes: These indicators are available as oscillators to place under your chart through trading view but this indicator will place them on the chart in numerical only format. Please feel free to modify this script if you like but please acknowledge me, I am only a hobby coder so this takes some time & effort.

Real-Time Price Comparator → La version française se trouve plus bas ← Real-Time Price Spread Comparator This indicator allows you to compare the real-time price difference (spread) between two assets. It is particularly useful for spotting arbitrage opportunities or price discrepancies between different markets. 💡 Why is this useful? This tool is especially practical for monitoring the gap between CME futures and the spot market. If the spread becomes too large, we can expect the market to rebalance, which can help anticipate potential price movements. 📌 Features: ✅ Compare two assets of your choice (default: BTC CME vs. BTC OANDA). ✅ Displays the spread as a real-time value on the chart. ✅ Customizable threshold for alerts when the spread exceeds a certain value. ✅ Visual alert: The label changes color and an alert icon appears when the threshold is exceeded. ✅ Adjustable label position to avoid obstructing candlestick wicks. 🛠️ How to Use: 1️⃣ Choose the asset to compare (for example, BTC CME). 2️⃣ Select the main chart (the one you are currently viewing, such as BTC OANDA). 3️⃣ Set the alert threshold (the spread value that will trigger an alert). 4️⃣ Adjust the label position using the offset settings if needed. 5️⃣ When the spread exceeds the threshold, an alert will be displayed! ------------------------------------------------- Comparateur de Spread en Temps Réel Cet indicateur permet de comparer en temps réel la différence de prix (spread) entre deux actifs. Il est particulièrement utile pour détecter des opportunités d’arbitrage ou des écarts de prix entre différents marchés. 💡 Pourquoi c'est utile ? Cet outil est pratique pour surveiller l’écart entre les contrats à terme CME et le marché spot. Si l’écart devient trop important, on peut s’attendre à ce que le marché s’équilibre, ce qui peut nous orienter sur les futurs mouvements du prix. 📌 Fonctionnalités : ✅ Comparez deux actifs de votre choix (par défaut : BTC CME vs. BTC OANDA). ✅ Affiche le spread en temps réel directement sur le graphique. ✅ Définissez un seuil d’alerte pour être notifié visuellement sur le graphique si le spread dépasse une certaine valeur. ✅ Alerte visuelle : le label change de couleur et une icône d’alerte apparaît en cas de dépassement. ✅ Ajustez la position du label pour éviter qu’il ne cache les mèches des bougies. 🛠️ Comment l’utiliser : 1️⃣ Choisissez l’actif à comparer (exemple : BTC CME). 2️⃣ Sélectionnez ensuite l’actif affiché sur votre graphique principal (exemple : BTC OANDA). 3️⃣ Définissez le seuil d’alerte (valeur du spread qui déclenchera une alerte). 4️⃣ Ajustez la position du label grâce aux options d’offset si nécessaire. 5️⃣ Si le spread dépasse le seuil, une alerte visuelle apparaîtra !

Alpine Predictive Bands Alpine Predictive Bands - ADX & Trend Projection is an advanced indicator crafted to estimate potential price zones and trend strength by integrating dynamic support/resistance bands, ADX-based confidence scoring, and linear regression-based price projections. Designed for adaptive trend analysis, this tool combines multi-timeframe ADX insights, volume metrics, and trend alignment for improved confidence in trend direction and reliability. Key Calculations and Components: Linear Regression for Price Projection: Purpose: Provides a trend-based projection line to illustrate potential price direction. Calculation: The Linear Regression Centerline (LRC) is calculated over a user-defined lookbackPeriod. The slope, representing the rate of price movement, is extended forward using predictionLength. This projected path only appears when the confidence score is 70% or higher, revealing a white dotted line to highlight high-confidence trends. Adaptive Prediction Bands: Purpose: ATR-based bands offer dynamic support/resistance zones by adjusting to volatility. Calculation: Bands are calculated using the Average True Range (ATR) over the lookbackPeriod, multiplied by a volatilityMultiplier to adjust the width. These shaded bands expand during higher volatility, guiding traders in identifying flexible support/resistance zones. Confidence Score (ADX, Volume, and Trend Alignment): Purpose: Reflects the reliability of trend projections by combining ADX, volume status, and EMA alignment across multiple timeframes. ADX Component: ADX values from the current timeframe and two higher timeframes assess trend strength on a broader scale. Strong ADX readings across timeframes boost the confidence score. Volume Component: Volume strength is marked as “High” or “Low” based on a moving average, signaling trend participation. Trend Alignment: EMA alignment across timeframes indicates “Bullish” or “Bearish” trends, confirming overall trend direction. Calculation: ADX, volume, and trend alignment integrate to produce a confidence score from 0% to 100%. When the score exceeds 70%, the white projection line is activated, underscoring high-confidence trend continuations. User Guide Projection Line: The white dotted line, which appears only when the confidence score is 70% or higher, highlights a high-confidence trend. Prediction Bands: Adaptive bands provide potential support/resistance zones, expanding with market volatility to help traders visualize price ranges. Confidence Score: A high score indicates a stronger, more reliable trend and can support trend-following strategies. Settings Prediction Length: Determines the forward length of the projection. Lookback Period: Sets the data range for calculating regression and ATR. Volatility Multiplier: Adjusts the width of bands to match volatility levels. Disclaimer: This indicator is for educational purposes and does not guarantee future price outcomes. Additional analysis is recommended, as trading carries inherent risks.

The Next Pivot (With History) [Mxwll]Introducing "The Next Pivot (With History)"! With permission from the author @KioseffTrading The script "The Next Pivot" has been restructured to show historical projections! Features Find the most similar price sequence per time frame change. Forecast almost any public indicator! Not just price! Forecast any session i.e. 4Hr, 1Hr, 15m, 1D, 1W Forecast ZigZag for any session Spearmen Pearson Absolute Difference Cosine Similarity Mean Squared Error Kendall Forecasted linear regression channel The image above shows/explains some of the indicator's capabilities! Additionally, you can project almost any indicator! Should load times permit it, the script can search all bar history for a correlating sequence. This won't always be possible, contingent on the forecast length, correlation length, and the number of bars on the chart. If a load time error occurs, simple reduce the "Bars Back To Search" parameter! The script can only draw 500 bars into the future. For whatever time frame you are on and the session you wish to project, ensure it will not exceeded a 500-bar forecast! Reasonable Assessment The script uses various similarity measures to find the "most similar" price sequence to what's currently happening. Once found, the subsequent price move (to the most similar sequence) is recorded and projected forward. So, 1: Script finds most similar price sequence 2: Script takes what happened after and projects forward While this may be useful, the projection is simply the reaction to a possible one-off "similarity" to what's currently happening. Random fluctuations are likely and, if occurring, similarities between the current price sequence and the "most similar" sequence are plausibly coincidental. Thanks!

Price Prediction With Rolling Volatility [TradeDots]The "Price Prediction With Rolling Volatility" is a trading indicator that estimates future price ranges based on the volatility of price movements within a user-defined rolling window. HOW DOES IT WORK This indicator utilizes 3 types of user-provided data to conduct its calculations: the length of the rolling window, the number of bars projecting into the future, and a maximum of three sets of standard deviations. Firstly, the rolling window. The algorithm amasses close prices from the number of bars determined by the value in the rolling window, aggregating them into an array. It then calculates their standard deviations in order to forecast the prospective minimum and maximum price values. Subsequently, a loop is initiated running into the number of bars into the future, as dictated by the second parameter, to calculate the maximum price change in both the positive and negative direction. The third parameter introduces a series of standard deviation values into the forecasting model, enabling users to dictate the volatility or confidence level of the results. A larger standard deviation correlates with a wider predicted range, thereby enhancing the probability factor. APPLICATION The purpose of the indicator is to provide traders with an understanding of the potential future movement of the price, demarcating maximum and minimum expected outcomes. For instance, if an asset demonstrates a substantial spike beyond the forecasted range, there's a significantly high probability of that price being rejected and reversed. However, this indicator should not be the sole basis for your trading decisions. The range merely reflects the volatility within the rolling window and may overlook significant historical price movements. As with any trading strategies, synergize this with other indicators for a more comprehensive and reliable analysis. Note: In instances where the number of predicted bars is exceedingly high, the lines may become scattered, presumably due to inherent limitations on the TradingView platform. Consequently, when applying three SD in your indicator, it is advised to limit the predicted bars to fewer than 80. RISK DISCLAIMER Trading entails substantial risk, and most day traders incur losses. All content, tools, scripts, articles, and education provided by TradeDots serve purely informational and educational purposes. Past performances are not definitive predictors of future results.

Projection Greetings Traders! I have decided to release a few scripts as open-source as I'm sure others can benefit from them and perhaps make them better.(Be sure to check my Profile for the other scripts as well: www.tradingview.com). This one is called Projection. Projection is based off the same Principle as some of my other scripts, such as Trade Manager() and Price Predictor(). I use a simple concept using line.new() to define some potential Price Projections. From the Settings of the Indicator, you can access a couple different Pre-Set options. Wide Parabola: Skinny Parabola: Straight Triangle: ZigZag1: ZigZag2: I wanted to give a Special Thanks to @Pinecoders for the custom RoundToTick Function from Backtesting/Trading Engine --> () If you like Projection, be sure to Like, Follow, and if you have any questions, don't be afraid to drop a comment below.

Price Predictor Greetings Traders! I have decided to release a few scripts as open-source as I'm sure others can benefit from them and perhaps make them better.(Be sure to check my Profile for the other scripts as well: www.tradingview.com). This one is called Price Predictor. How To Use Price Predictor Price Predictor acquires potential targets by measuring the Average Change of Price from a user-defined resolution, from Open to Open. By default, the Resolution is set to 1 Day, however you can play around with Weekly, Monthly, etc. When a new resolution period begins, Price Predictor will automatically adjust based on the new Average Change of Price. Due to the avoidance of Security() in this script, you may have to play around with the Timeframe that you use it in to ensure that you have enough bars on your chart to process the User-Defined Resolution. The first Target Zone represents Target 5 of my other script, Trade Manager()(Given that you set the Target Multiple and Default Threshold Inputs as the same in each script), and is the most likely to be hit before the end of the resolution period. In addition to a User-Defined Resolution, you also have the option of using a Custom Price to define Target Zones, however I'd recommend using my other script, Trade Manager(), if the volatility of the Instrument isn't too high. I wanted to give a Special Thanks to @Pinecoders for the Custom RoundToTick Function from The Backtesting/Trading Engine --> ( If you like Price Predictor, be sure to Like, Follow, and if you have any questions, don't be afraid to drop a comment below.

Trade Manager Greetings Traders! I have decided to release a few scripts as open-source as I'm sure others can benefit from them and perhaps make them better.(Be sure to check my Profile for the other scripts as well: www.tradingview.com). This one is called Trade Manager. How To Use Trade Manager Trade Manager acquires potential targets by measuring the Average Change of Price from a user-defined resolution, from Open to Open. By default, the Resolution is set to 1 Day, however you can play around with Weekly, Monthly, etc. When a new resolution period begins, Trade Manager will automatically adjust its Targets based on the new Average Change of Price. Due to the avoidance of Security() in this script, you may have to play around with the Timeframe that you use it in to ensure that you have enough bars on your chart to process the User-Defined Resolution. The idea behind Trade Manager is quite simple yet can be quite powerful at the same time. Consider a Daily Candle for example. You can clearly see how a vast amount of price movement can be encapsulated within it, sometimes in both directions. By measuring the Average Change of Price per day(From Open to Open), we can use this Average to build targets off of. Defining a small Threshold above and below the Open Price of the Daily Candle allows you to set Limit Orders at these levels with predefined Targets. Then, the use of the custom Trailing Stop and Break Even helps to secure profits without giving too much back to the market, all while managing your risk. Within the Settings of Trade Manager, you have the option to alter the logic of whether Break-Even is set after the first Target or second Target is hit. In addition to using a User-Defined Resolution Period, you can also input a Custom Price into the settings of Trade Manager and allow the Targets, Trailing Stop, and Break Even to be calculated from the Custom Price. I wanted to give a Special Thanks to @PineCoders for the Custom RoundToTick Function from The Backtesting/Trading Engine --> () As a note, there are times where price will break out very strongly from the Limit Price, sometimes crossing the Stop and Limit Price on the same bar. When this happens, it is difficult for Pine to determine which occurred first intra-bar, and as a result, it does not record a new position. In these instances, I'd recommend adjusting the Default Stop Multiple so it is below the bar. If you like Trade Manager, be sure to Like, Follow, and if you have any questions, don't be afraid to drop a comment below.