The Derivative Oscillator calculates a double-exponentially smoothed Relative Strength Index (RSI) and subtracts its Simple Moving Average (SMA) to form the main oscillator line. A secondary signal line is plotted using an SMA of the main oscillator values. Th
Indicator · Pine Script v4 · Own pane
NYSE
This indicator plots NYSE market breadth in a separate pane.
GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code33
Settings0inputs
LicenceAGPL-3.0
Last update5 years ago12 Feb 2021
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
33 lines of Pine Script v4 from nyse.pine, published under AGPL-3.0. Keep the author's credit and licence lines when you reuse it.
//@version=4
study("NYSE")
zeroline = plot(0, color=#FFFFFF)
nyse50 = sma(security("USI:ADD", "D", ohlc4), 15)
nyse50PlotValue = (dayofweek == dayofweek.monday) ? nyse50 :
(dayofweek == dayofweek.tuesday) ? nyse50 :
(dayofweek == dayofweek.wednesday) ? nyse50 :
(dayofweek == dayofweek.thursday) ? nyse50 :
(dayofweek == dayofweek.friday) ? nyse50 : na
plotColor = (nyse50PlotValue > 0) ? #008447 : #ef242e
nyse50curve = plot(series=nyse50PlotValue, title="NYSE50", style=2, linewidth=1, color=#b2eff6)
fill(nyse50curve, zeroline, plotColor, transp=40)
nyse_new_high = security("USI:YRHI.NY", "D", close)
nyse_new_low = security("USI:YRLO.NY", "D", close)
nysePlotValue = (dayofweek == dayofweek.monday) ? nyse_new_high-nyse_new_low :
(dayofweek == dayofweek.tuesday) ? nyse_new_high-nyse_new_low :
(dayofweek == dayofweek.wednesday) ? nyse_new_high-nyse_new_low :
(dayofweek == dayofweek.thursday) ? nyse_new_high-nyse_new_low :
(dayofweek == dayofweek.friday) ? nyse_new_high-nyse_new_low : na
plot(nysePlotValue, style=5, linewidth=1, color=#fddd13)
n = bar_index, o = open, c = close
label l = label.new(
x=n,
y=0,
xloc=xloc.bar_index,
yloc=yloc.price,
text="NYSE",
color=color.black,
style=label.style_label_left,
textcolor=color.white,
textalign=text.align_left)
label.delete(l[1])
Overview
NYSE requests the daily advance-decline series, smooths the average of open, high, low and close with a 15-period simple moving average, and fills the area against a zero line green when that average is positive and red when it is negative. It also plots the difference between daily new 52-week highs and new 52-week lows as histogram bars. Values appear only on Monday through Friday. There are no user inputs.
- 15-period SMA of daily NYSE advance-decline
- Green or red fill against the zero line
- Histogram of new 52-week highs minus lows
- Weekday-only plot values
- Fixed NYSE chart label
Details
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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