Featured Scripts — Scripts for Trading and Investing — TradingView (2024)

What are Editors' Picks?

Each new indicator or strategy published in our Community Scripts is analyzed by our PineCoders team. This section showcases the best open-source indicators recently selected by the team.

Any open-source indicator published in our Community Scripts can be featured in our Editors' Picks if it is original, provides good potential value to traders, includes a helpful description, and complies with House Rules.

Editors' Picks appear here and on our homepage, where millions of visitors see them. They are not recommendations to buy or sell anything, nor to use a specific indicator. Our picks aim to bring attention to the most interesting scripts published by the generous authors who write them for TradingViewers. Our hope is that they encourage learning and sharing in our community, and that you discover indicators that may be useful in your trading.

Pine Script™ is TradingView's programming language. It allows traders and investors to create their own indicators or strategies, sometimes with just a few simple lines of code. Many of the scripts published on TradingView are original and only available to our community, most of them for free.

Percent Rank Histogram

VanHe1sing

This Pine script indicator is designed to create a visual representation of the percent rank for multiple financial instruments. Here's a breakdown of its key features: Percent Rank Calculation: The core functionality of this Pine script indicator revolves around the calculation of the percent rank for each selected financial instrument. The percent rank is...

226

12

Heat Map Seasons

VanHe1singUpdated

Heat Map Seasons indicator Indicator offers traders a unique perspective on market dynamics by visualizing seasonal trends and deviations from typical price behavior. By blending regression analysis with a color-coded heat map, this indicator highlights periods of heightened volatility and helps identify potential shifts in market sentiment. Summer: In...

232

8

Index Generator [By MUQWISHI]

MUQWISHI

▋ INTRODUCTION : The “Index Generator” simplifies the process of building a custom market index, allowing investors to enter a list of preferred holdings from global securities. It aims to serve as an approach for tracking performance, conducting research, and analyzing specific aspects of the global market. The output will include an index value, a table of...

78

15

Higher-timeframe requests

PineCodersModUpdated

█   OVERVIEW This publication focuses on enhancing awareness of the best practices for accessing higher-timeframe (HTF) data via the request.security() function. Some "traditional" approaches, such as what we explored in our previous `security()` revisited publication, have shown limitations in their ability to retrieve non-repainting HTF data. The...

Trailing Management (Zeiierman)

Zeiierman

█ Overview The Trailing Management (Zeiierman) indicator is designed for traders who seek an automated and dynamic approach to managing trailing stops. It helps traders make systematic decisions regarding when to enter and exit trades based on the calculated risk-reward ratio. By providing a clear visual representation of trailing stop levels and risk-reward...

730

28

Periodic Activity Tracker [LuxAlgo]

LuxAlgoWizardUpdated

The Periodic Activity Tracker tool periodically tracks the cumulative buy and sell volume in a user-defined period and draws the corresponding matching bars and volume delta for each period.Users can select a predefined aggregation period from the following options: Hourly, Daily, Weekly, and Monthly.🔶 USAGE This tool provides a simple and clear way...

998

18

Gaps Profile [vnhilton]

vnhiltonUpdated

Note: If you get an error preventing indicator from executing due to a loop running longer than >500ms, please lower the amount of boxes shown and/or increase the minimum gap % threshold. OVERVIEW The Gaps Profile (GP) simply shows the remaining gaps on the chart that have yet to be closed. Gaps are created where there's a distance between the current open and...

116

6

TTrades Daily Bias [TFO]

tradeforopp

Inspired by @TTrades_edu video on daily bias, this indicator aims to develop a higher timeframe bias and collect data on its success rate. While a handful of concepts were introduced in said video, this indicator focuses on one specific method that utilizes previous highs and lows. The following description will outline how the indicator works using the daily...

3067

33

Risk Management Chart

█ OVERVIEW Risk Management Chart allows you to calculate and visualize equity and risk depend on your risk-reward statistics which you can set at the settings.This script generates random trades and variants of each trade based on your settings of win/loss percent and shows it on the chart as different polyline and also shows thick line which is average of all...

174

8

Order Chain [Kioseff Trading]

KioseffTradingWizardUpdated

Hello!This indicator "Order Chain" uses live tick data (varip) to retrieve live tick volume. This indicator must be used on a live market with volume data Features Live Tick Volume Live Tick Volume Delta Orders are appended to boxes, whose width and height are scaled proportional to the size of the order. CVD recorded at relevant tick levels ...

470

21

Gann Box (Zeiierman)

Zeiierman

█ Overview The Gann Box (Zeiierman) is an indicator that provides visual insights using the principles of W.D. Gann's trading methods. Gann's techniques are based on geometry, astronomy, and astrology, and are used to predict important price levels and market trends. This indicator helps traders identify potential support and resistance levels, and forecast...

898

48

Daily Chess Puzzles [LuxAlgo]

LuxAlgoWizard

Play Chess Puzzles right on your Chart!Daily Chess Puzzles brings you a new 1-Move chess puzzle straight to your chart every day.🔶 USAGE Submit your answer to see if your solution is correct! For quick access to the settings, Double-Click on the Chess board to open the settings interface.The current active color (Who's move it is) is represented by...

290

8

Ichimoku Oscillator

LonesomeTheBlueWizard

Hello All, This is Ichimoku Oscillator that creates different oscillator layers, calculates the trend and possible entry/exit levels by using Ichimoku Cloud features. There are four layer: First layer is the distance between closing price and cloud (min or max, depending on the main trend) Second layer is the distance between Lagging and Cloud X bars ago...

2438

118

Volume Footprint Voids [StratifyTrade]

StratifyTrade

Volume Footprint Voids is a unique tool that uses lower timeframe calculation to plot different styles of single candle POC.This indicator is very powerful for scalping and finding very precise entry and exits, spotting potential trapped traders, and more.Unlike many other volume profiles, this aims to plot single candle profiles as well as their own...

1708

32

Auto Chart Patterns [Trendoscope®]

TrendoscopeWizardUpdated

🎲 Introducing our most comprehensive automatic chart pattern recognition indicator. Last week, we published an idea on how to algorithmically identify and classify chart patterns. This indicator is nothing but the initial implementation of the idea. Whatever we explained in that publication that users can do manually to identify and classify the pattern, this...

4943

69

Modern Portfolio Theory

VanHe1singUpdated

Modern Portfolio Theory The indicator is designed to apply the principles of Modern Portfolio Theory, a financial theory developed by Harry Markowitz. MPT aims to maximize portfolio returns for a given level of risk by diversifying investments. User Inputs: Users can customize various parameters, including the bar scale, risk-free rate, and the start year for...

569

17

[MAD] Acceleration based dampened SMA projections

djmad

This indicator utilizes concepts of arrays inside arrays to calculate and display projections of multiple Smoothed Moving Average (SMA) lines via polylines.This is partly an experiment as an educational post, on how to work with multidimensional arrays by using User-Defined Types ------------------ Input Controls for User Interaction: The indicator...

153

10

Live Economic Calendar by toodegrees

toodegreesUpdated

⚠️ PLEASE READ ⚠️ Although this indicator is accurate in showcasing live and upcoming News Events, checking the original sources is always suggested. This indicator aims to save Time, but due to limitations it may not be 100% correct 100% of the Time. Description: The Live Economic Calendar indicator seamlessly integrates with external news sources to provide...

4015

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Featured Scripts — Scripts for Trading and Investing — TradingView (2024)

FAQs

What is the most used Script in TradingView? ›

Featured scripts
  • Realtime Delta Volume Action [LucF] LucF Updated Dec 30, 2022. ...
  • Indicator Panel. LonesomeTheBlue Wizard Updated Jan 17, 2022. ...
  • Correlation Matrix Heatmap. ...
  • TA Information Panel. ...
  • Technical Ratings. ...
  • 'Golden ratio' Cubes - 'GoRaC' ...
  • Penrose Diagram. ...
  • Color Gradient Framework [PineCoders]

Can I automate my trading with TradingView? ›

Can I do automatic trading with any strategy (private or public) in TradingView? Yes, you can automate any strategy from public library by editing its pinescript code. Add code for trading alerts based on strategy buy/sell conditions. See example here For other examples, see strategies in help manual.

How do I get a Script from TradingView? ›

Method 1. In the Pine Editor, use the "Open" button at the top right and choose "Built-in script..." to view the list of built-in scripts written in Pine. When you select one of them, its source code will load in the Editor. From there, you can save a copy of the code as a personal script.

Can professional traders use TradingView? ›

We've introduced three most comprehensive packages (Expert, Elite and Ultimate) designed specifically for Professional (Commercial) traders.

What is the most successful indicator in TradingView? ›

Best TradingView Indicators: Bollinger Bands. Bollinger Bands are essential for understanding and navigating market volatility in futures trading. Bollinger Bands, when used through TradingView on the Optimus Futures platform, are indispensable for understanding and navigating market volatility in futures trading.

What is the best trading strategy on TradingView? ›

A trend-following strategy that combines the 10-period and 20-period Simple Moving Average (SMA) crossovers with the bearish pennant chart pattern can be a powerful approach to identifying and trading bearish trends. We plot the 10-hour and 20-hour SMAs on the chart and look for the formation of a bearish pennant.

Can I use a bot on TradingView for trades? ›

TradingView bot trading has proved to be a great way to create and automate any trading idea into a trading bot. Thus, with a means of WunderTrading it is possible to trade with TradingView.

Can I use TradingView to make money? ›

Earn with TradingView

Become an affiliate partner and make cash by promoting a product your followers will love. The biggest website in the world when it comes to all things investing. We are global and support 20 languages worldwide. We've paid out over $10 million to our partners and that's growing.

Is it legal to automate stock trading? ›

Yes, algorithmic trading is legal. There are no rules or laws that limit the use of trading algorithms. Some investors may contest that this type of trading creates an unfair trading environment that adversely impacts markets. However, there's nothing illegal about it.

Are TradingView scripts safe? ›

We use technical and organizational safeguards to protect your personal data as well as your private data, including scripts.

What language is TradingView scripting? ›

Pine Script is the native coding language to TradingView, a charting and trading platform. Learn how to use Pine Script to build your own trading strategies.

Can you sell TradingView scripts? ›

Private publications

In order to protect our users, we expect vendors selling access to invite-only scripts to do so via public scripts only, which moderators analyze. If you publish invite-only scripts privately and sell access to them, you face the risk of a permanent ban.

What platform is better than TradingView? ›

Other important factors to consider when researching alternatives to TradingView include features and price. The best overall TradingView alternative is eToro. Other similar apps like TradingView are MetaTrader 5, Binance Broker, E*Trade Web Platform, and Kite.

Who is the most popular broker with TradingView? ›

Intro and winners
  • Interactive Brokers - best broker for TradingView in 2024. ...
  • Ally Invest - Low trading and non-trading fees. ...
  • Oanda - Great trading platforms. ...
  • Webull - Free stock/ETF trading and high 5% interest on uninvested cash. ...
  • Forex.com - Low forex fees. ...
  • Optimus Futures - Low trading fees and free ACH withdrawal.
May 3, 2024

Can you actually trade stocks on TradingView? ›

On TradingView you can trade CFDs, forex, stocks and Crypto FX. Click on the relevant icon below to see full pricing information and trading conditions.

What is the leading indicator in TradingView? ›

The leading indicator is helpful to identify early entries and exits (especially near support and resistance). Green = trend up Red = trend down How it works: The leading indicator calculates the difference between price and an exponential moving average.

What type of Script does TradingView use? ›

Pine Script™ is TradingView's programming language. It allows traders to create their own trading tools and run them on our servers.

What is the highest function in TradingView? ›

The Highest function calculates the highest value of the selected data in the past. The Lowest function calculates the lowest... Similar to one of my previous scripts 'Ranged Volume', but instead of using volume, this script uses candle length mirrored. It creates a range using highest and lowest of a given period.

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