suneetk/tradingview_indicators huggingface dataset:
# McGinley Dynamic

#### Definition

The McGinley Dynamic adjusts for market speed shifts, which sets it apart from other moving averages, in addition to providing clear moving average lines. The McGinley Dynamic is a technical indicator based on a moving average that was initially designed to track market trends. 

#### History

John R. McGinley created the McGinley Dynamic to produce a moving average that could drastically reduce the lag between an indicator and the market in general. If successful, the moving average would better be faster and more reliable than other moving averages available.

#### Calculations

Anyone using the McGinley Dynamic indicator can easily customize it by selecting the number of periods (N) to work with. The calculations for the indicators are as follows.

![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/43152576470/original/Djt_BRoJroWvswHh-HJNLY6kRx162CrDLw.png?1598368986)

where:

MD\[1\] = MD value of preceding period

Price = Security's current price

N = number of periods

It is important to note that the indicator utilizes Price in its formula to better reflect price action within the market and to minimize price separations and volatility. The formula depicted above allows for the indicator to closely monitor price movement of a security.

#### Takeaways

The McGinley Dynamic was designed to better track the market than its comparable moving average indicators. It stands out from the rest because of its ability to adjust for shifts in market speeds. This is done by using the indicator’s automatic adjustment that has been built into its formula. With it, the McGinley Dynamic can watch for high speeds or slowing speeds, which help identify the trends of a market.

In addition to its adjustments, the indicator is also able to minimize price separations and volatile movements in order to portray pricing more accurately and with as much relevant data as possible.

#### What to look for

Be mindful of lag when using the moving averages, as no moving average is exempt from the effects of being set in fixed time lengths. The McGinley Dynamic indicator, on the other hand, has already considered this issue, and uses its adjustment of market speed shifts to project smoother and more accurate lines.

Market speed often fluctuates, moving slower or faster at times. The McGinley Dynamic indicator acknowledges this market trait and incorporates an automatic smoothing factor into its formula in order to accommodate market speeds.

#### Summary

The McGinley Dynamic is an indicator that tracks the market better than comparable moving averages. Its formula allows it to adjust for market speed shifts and price separations, setting it apart from other moving averages and allowing it to present clear, responsive data and more comprehensive moving average lines.
# Median

Definition

The Median indicator is a tool that can be used to measure the market direction and volatility. It forms a channel based on how ATR deviates from the middle of the range. The indicator displays the median value of the average between high and low for the specified length. That median is compared to its EMA for the same length: the space between the median and its EMA is presented as a cloud colored according to which of the values is higher. The green cloud appears when the median is higher and indicates an uptrend, while the violet cloud signifies a downtrend. 

The indicator is enveloped by bands based on the Average True Range. To calculate the bands, an ATR value for a specified ATR length is multiplied by the ATR multiplier and then added to or subtracted from the median.

#### Inputs

![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/43586571010/original/0o2jXrame5_OliBLXZQqYOoqkzt17g8RQQ.png?1760623462)

##### Median Source

The data source based on which the median is calculated.

##### Median Length

The length of the median, i.e. how many data points of the Source are used when the median is calculated.

##### ATR Length

The time period to be used in calculating the Average True Range of the median.

##### ATR Multiplier

The value by which the ATR is multiplied before forming the bands.
# Moon Phases

#### Definition

The Moon Phases indicator displays moon phases on the chart. A dark circle indicates a new moon, a bright circle, a full moon. Bars between new and full moons are colored accordingly, as waxing or waning.

#### Summary

Some investors and traders believe lunar cycles can impact markets because of their subtle gravitational impacts on Earth and market participants. The Moon Phases indicator is a tool for watching that. It displays moon phases on the chart.
# Moving Average Ribbon

#### Definition

Moving Average Ribbon is an indicator that displays up to four Moving Averages on your chart. Moving averages of varying lengths can be used to compare long-term and short-term trends and attempt to predict possible chart movements based on its past performance.

#### Inputs

![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/43586574436/original/KCMknFEp71hCUTmSoxlCamoUU3I2dncJBA.png?1760624222)

Each separate MA has five different inputs associated with it, in a row:

1\. A checkbox to quickly turn on/off the display of any of the Moving Averages.

2\. A dropdown with MA types allows one to select what MA should be used for each plot. The options include [SMA (Simple Moving Average)](https://www.tradingview.com/chart/?solution=43000502589), [EMA (Exponential Moving Average)](https://www.tradingview.com/chart/?solution=43000592270), [SMMA (Smoothed Moving Average)](https://www.tradingview.com/chart/?solution=43000591343), [WMA (Weighted Moving Average)](https://www.tradingview.com/chart/?solution=43000594680), and [VWMA (Volume-Weighted Moving Average)](https://www.tradingview.com/chart/?solution=43000592293).

3\. Two dropdowns to select the source and the length for the MA calculation.

4\. A color picker to select the color of the plot.
# MovingAvg2Line Cross

#### Definition

This indicator calculates a fast MA and a slow MA. Their lengths can be changed in the indicator settings (the default is 9 and 18). When the fast MA crosses above the slow MA, the strategy enters a long. If the fast MA crosses below the slow MA, the strategy enters a short.

#### Summary

The MovingAvg2Line Cross strategy uses two moving averages to define whether the strategy goes long or short. The moving averages can be adjusted in the strategy settings. The defaults are 9 and 18, but they can be changed to the needs of the user. The strategy enters long when the fast moving average crosses about the slow moving average and it enters short when the fast moving average crosses below the slow moving average. Both swing traders and momentum traders may find this strategy useful.
# MovingAvg Cross

#### Definition

The MovingAvg Cross strategy is based on a Moving Average with any specific length defined by you the user. The entries are based on whether the close of the bar is higher or lower than the moving average. The strategy goes long when close is greater than the moving average and switches to short when the close is less than the moving average. 

The length of the moving average, for example 20-day or 50-day moving average, can be changed in the strategy settings. By default the length is set to 9. The ConfirmBars setting defines the number of bars that the condition should be true before a new entry can appear. For example, with ConfirmBars=3, the close should be higher than the moving average for 3 consecutive bars before a new entry can be created.

#### Summary

The MovingAvg Cross strategy has elements of swing trading and reversal trading wrapped into it. The strategy looks for crosses in specific moving averages. The strategy goes long when close is greater than the moving average and switches to short when the close is less than the moving average.
# Multi-Time Period Charts indicator

####   

#### Summary

Multi-Time Period Charts lets you see more time frames on one chart.

![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/43582670551/original/g8vU4HfAWitrBZkDzNonFRzvsg_clk_BUA.png?1758806378)

#### Inputs

![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/43582670625/original/AyrIxDeFiyA6V81NgT1fhX_pUXq2qAZmoA.png?1758806400)

#### AutoTimeFrame

When the Auto option is selected, the timeframe of the indicator is chosen automatically based on the chart timeframe. The Timeframe dropdown is ignored. The automated timeframes are:  

*   1 day for any chart timeframes below 1 day
*   1 week for any timeframes starting from 1 day up to 1 week
*   1 month for any timeframes starting from 1 week up to 1 month
*   3 months for any timeframes starting from 1 month up to 3 months
*   12 months for any timeframes above 3 months

#### Calculation

*   True Range (calculates the close price of the previous period)
*   High/Low Range (calculates the high and low for the chosen period)
*   Heikin Ashi Range (calculates the Heikin Ashi High and Heikin Ashi Low for the chosen period).

#### Growth Body and Fall Body

Can toggle the color and visibility of the up/down candles and their borders.
# Net Volume

#### Definition

Net volume is calculated by deducting the uptick volume of a security or asset by the security’s downtick volume over a period of time chosen by the trader. It separates itself from other volume indicators because it makes a clear distinction between whether a market is bullish or bearish. Traders will most likely see net volume displayed below the price chart and bars will display its value for each given period that is plotted on the chart. 

#### Takeaways

Traders usually use the net volume indicator to determine market direction and sentiment apart from standard volume values. A positive net volume may show that uptick and buying pressure is exceeding downtick and selling pressure in an asset. A negative net volume may show the opposite. Net volume is meant to gauge the selling or buying pressure of an asset during a specific period of time.

#### What to look for

Net volume can be used to gauge, measure, and determine the strength and volume of buying or selling pressure. It is a different way to visualize where the buyers and sellers are putting the most money to work at any given moment. Net volume can be compared and contrasted volume, which just shows total shares traded. However, Net volume is different in its calculation using uptick and downtick and its presentation on the chart. 

#### Summary

Net volume is a technical analysis indicator that subtracts the uptick volume of a security or asset from the security’s downtick volume over a specified period of time. The net volume can be seen below the price chart and exclusively identifies the volume of a specific single time frame chosen by the trader.
# Open Interest

Open Interest is the total number of outstanding derivative contracts that have not been settled.

It is important to understand that since this is the number of open positions, the value can both increase and decrease during the day.

On the chart, Open Interest data is available as the "Open Interest" indicator:

![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/43582693797/original/2OcEh_xXjlOeh7rdcgzNrTeiD7dbIG6UMw.png?1758810808)

The indicator displays the name of the Open Interest service symbol:

![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/43582693937/original/TateS8-FWTvCDTEbW3lOaYUBbgNqGFQjFQ.png?1758810829)

Open Interest is available for both traditional futures contracts and crypto derivatives. For crypto, data is available intraday at a minute timeframe, for traditional futures – only for daily bars.

List of exchanges where open interest is available:

*   US futures: COMEX, NYMEX, CME, CBOT, CBOE, ICEUS  
    
*   Indian futures: NSE, MCX, BSE, NCDEX, MSEI  
    
*   Brazilian futures: B3 (BMFBOVESPA)
*   European futures: EUREX, ICEEUR, LME, GPW
*   Asian and Australian futures: ADX, ASX24, DFM, NASDAQDUBAI, TAIFEX, SHFE  
    
*   Crypto derivatives: BINANCE, BITGET, BITMEX, BYBIT, COINBASE, DERIBIT, KRAKEN, HTX, OKX
# Pivot Points High Low

#### Definition 

The Pivot Points High Low indicator is used to determine and anticipate potential changes in market price and reversals. The Highs referred to in the title are created based on the number of bars that exhibit lower highs on either side of a Pivot Point High, whereas the Lows are created based on the number of bars that exhibit higher lows on either side of a Pivot Point Low.

#### Calculations

As mentioned above, Pivot Point Highs are calculated by the number of bars with lower highs on either side of a Pivot Point High calculation. Similarly, Pivot Point Lows are calculated by the number of bars with higher lows on either side of a Pivot Point Low calculation.

#### Takeaways and what to look for

A Pivot Point is more significant or noteworthy if the trend is extended or longer than average. This can mean if a trader selects a higher period for before and after the Pivot Point, the trend could be longer and therefore prove the Pivot Point itself more notable.

Additionally, Pivot Points can help a trader assess where would be best to draw. By analyzing price changes and reversals, a trader has more of an ability to determine and predict price patterns and general price trends.

#### Summary

The Pivot Points High Low indicator can predict and determine price changes and potential reversals in the market. Pivot Points can also help traders identify price patterns and trends, depending on the period and significance of the Pivot Point value.
# Price target - indicator

The Price target indicator displays predictions for the price of the current symbol in a year’s time. The values are based on price predictions by various analysts, which our financial data supplier provides to us. The Forecast section of the symbol page shows the same data, if it is available.

The indicator highlights three price target levels: Max, Avg, and Min. The labels drawn at these levels show the expected percentage change, while the levels themselves indicate the highest, average, and lowest predicted prices for the current symbol. Dotted lines connect the levels to the day when the prediction was made.

![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/43494715342/original/tK1qMlvliHvWpNIZWNOIQeryocli47gu3g.png?1719510024)

Hovering over the blue circle – the origin point of all the lines – displays a tooltip with additional information about the prediction, including the number of analysts whose predictions were taken into account.

![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/43494715343/original/xEWc6p2g-GkzODtQ0cnDqwqeVoNVk9B6rw.png?1719510024)

If the predictions are supplied when the market is closed, they appear in the symbol page but do not appear in the indicator until the market opens. If no predictions are available, the indicator displays a message to this effect instead of the lines and labels.

#### Inputs

![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/43582872728/original/MbIBAX1id9OPAYA_Obp51h-7GOZLR91vjQ.png?1758886959)

#### Positive/Negative Color

The colors for the lines, labels, and fills. If the predicted price is above the closing price of the symbol on the day that the prediction was made, then the drawings use the positive color. If the price is below the close, they use the negative color.

Changing the transparency of the color affects only the fill between the lines, because none of the other drawings use transparency. Changing the color affects all drawings.
# Relative Volatility Index

#### Definition

The Relative Volatility Index (RVI) is a volatility indicator, much like the Relative Strength Index (RSI), but with a few key differences. The RVI measures the standard deviation of prices as they change over time, whereas the RSI measures absolute price changes. The Relative Volatility Index is plotted on the chart and ranges from 0 to 100. 

#### History 

The Relative Volatility Index indicator was first introduced by Donald Dorsey. It was developed in order to indicate and show volatility direction on the chart.

#### Calculations

The RVI is calculated much like the RSI, although it uses high and low price standard deviation instead of the RSI’s method of absolute change in price.

#### Takeaways

When the Relative Volatility Index value is calculated to be above 50, this means the volatility is to the upside. This means that a potential buy signal is confirmed. On the other hand, when it’s calculated below 50, the volatility is to the downside, which confirms a potential sell signal. Like the RSI, the RVI can also be used to determine overbought and oversold conditions.

#### What to look for

The Relative Volatility Index indicator performs similarly to the RSI indicator, and you should be well-versed in the differences between the two. The RVI has a particular advantage, according to the indicator’s developer, Donald Dorsey, which is that the RVI is a “confirming indicator” and provides information and data that the RSI is otherwise lacking in its calculation and overall performance.

#### Summary

The Relative Volatility Index measures the standard deviation of prices as they change over time and is displayed on the chart with a range of 0 to 100. If the RVI value is above 50, the volatility is to the upside and confirms a potential buy signal. Contrarily, when the value is below 50, the volatility is to the downside, which confirms a potential sell signal.

Inputs

![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/43560962433/original/5cfnVpTnddTKVhOYBOjxtZq9B-kcRmDZOA.png?1748609664)

##### Length

The time period to be used in calculating the RVI, 10 by default.

##### Offset

##### Offset

Changing this number will move the indicator either forwards or backwards relative to the current market. 0 is the default.

##### Smoothing section

You can learn more about the inputs in the "Smoothing" section in [this Help Center article](https://www.tradingview.com/support/solutions/43000742042/).

##### Calculation section

You can learn more about the inputs in the "Calculation" section in [this Help Center article](https://www.tradingview.com/support/solutions/43000591555/).
# Rob Booker - Knoxville Divergence

#### Definition

The Knoxville Divergence indicator suggests that price will reverse in direction, making it a counter-trend indicator. For example, if price is in an uptrend with the Knoxville Divergence line set above the price on the chart, the trader will understand that the indicator is suggesting price will potentially reverse and shift to a downtrend shortly. This indicator is very useful for counter-trend traders and general trend-traders alike, as it adds perspective for those seeking to enter a trade, while following a long-term trend.

#### History 

This indicator is used and admired by Rob Booker, an experienced entrepreneur and currency trader who has helped bring popularity to the indicator.

#### Takeaways

When analyzing Knoxville Divergence, it should be known that the indicator is comprised of two main elements.

The Momentum indicator. If price is rising, but the momentum indicator is falling, the Knoxville Divergence indicator might appear on the chart to signal to the trader that a price reversal may be closing in. This indicator must be paired with another, however, because it does not tell the trader everything they need to know. This is why it pairs nicely with our second element.

Relative Strength Index. If there is a simultaneous discrepancy between price and the momentum indicator, the Relative Strength Index (RSI) will signal as overbought or oversold, and will trigger the Knoxville Divergence line to appear on the chart.

#### What to look for

The Knoxville Divergence line seems helpful, but what timeframes are best to use when utilizing the indicator? Good question. The indicator can be used to analyze any chart timeframe from 1m up to monthly charts for the best readings. 

As usual, the Knoxville Divergence is a great indicator, but it is best used with other technical analysis indicators and tools that help analyze mutual funds, futures, currencies, and so on.

#### Summary

The Knoxville Divergence indicator suggests that price reversal will most likely occur in the near future. It is very useful because it helps traders determine when prices are most likely to dissent from its directional trend, giving trend-traders insight into how to act in long-term trades.
# Rob Booker Intraday Pivot Points

#### Definition

The Intraday Pivot Points indicator is used by Rob Booker in conjunction with Knoxville Divergence in order to create an effective trading system that can determine prime price targets within the market including when it is best to enter short positions. 

#### History 

This indicator is routinely used and praised by Rob Booker, experienced entrepreneur and currency trader.

#### Takeaways

The indicator input and style can be customized according to trader preference. Let’s take a look at what goes into Intraday Pivot Points.

Input Settings. With input settings, traders will see options to choose the look back period, and then three other period options for the indicator. Intraday pivots have three options:

1) 1-hour pivots, or 60-minute periods;

2) 4-hour pivots, or 240-minute periods; or

3) 8-hour pivots, or 480-minute periods.

Style Settings. With style settings, traders can adjust the width of the line and other cosmetic decisions for the layout of the indicator on the chart.

#### What to look for

According to Rob Booker, the “best examples of intraday pivots are the ones that are not hit by price.” This means a pivot that is displayed on the chart with no visible candle intersections is a great price target for traders to utilize as the point in which they will enter short positions. By waiting for Knoxville Divergence to form, or even price reversals to occur, traders can use the missed pivot as a target for price. This “missed pivot” is easily identified as an intraday line that has no candles touching it from the beginning to the end of the period.

#### Summary

Intraday Pivot Points are used to determine prime market price action targets that alert traders of the best times to enter short positions. By using the Intraday Pivot Point indicator in conjunction with other indicators, such as Knoxville Divergence, traders benefit from additional technical support and inherently build a trading system that identifies key price action moments.