Parallax Technical Analysis Package

A 2+1 component technical analysis tool collection for traders.
It consists of Parallax Main (PX) and Parallax Extension (PX-E) open-source scripts, and the TradingView built-in Volume indicator as a basic extension.
Written in PineScript, therefore can only be used on TradingView. Just copy and paste the codes into two separate empty script, and add the Volume indicator from the built-in library.

Parallax Main Functions

• Logarithmic Regression Band with built-in curve projection (for Bitcoin only)
• Bull Market Support Band
• EMA 350X-based Fib. multiplier Bands
• Bollinger Bands
• Adaptive Fibonacci Retracement (Lookback-based)
• Bottom Band (market bottom detector)
• PI Cycle Top Indicator with MAs
• Gaussian Channel
• Golden/Death Cross Markers with fine tunable sensitivity
• Multiple, important MAs (EMAs, SMAs)

Parallax Extension Functions

• RSI (Relative Strength Index)
• SRSI (Stochastic RSI)
• ADX-DI-based BUY/SELL indicator
• MACD (Moving Average Convergence/Divergence)
• "Range Lerp" (lookback-based lerp oscillator, similar to Williams R%)
• Logarithmic 20W SMA distance marker
• EMA 21-99 Distance (normalized)
• EMA 21-99 Integral (normalized area between the two MAs)
• Bollinger Bands Low-High Distance
• Hindenburg Omen

Technical details

• The purpose of the collection is to let every TradingView user access quality and easy-to-use TA tools. TradingView limits the number of indicators that can be applied to one chart. This is a solution for that problem.
• The main module is - of course - overlay-styled, while the extension is not.
• The main script is not converted to be compatible with the latest version of PineScript due to plotting issues. As for now, it runs on v5.
• The extension script runs on PineScript v6.
• TradingView also limits compute time and maximum plot number for each script. Both PX and PX-E have adequate headroom for further development.
• Functions that are specific to certain instruments and timeframes are automatically blocked on others.
• Inputs (like lookback, sensitivity, etc) are clamped both mathematically and logically.

Shout-outs

As this is a collection, some code is not mine, but has been modified by me to achieve the desired results.
Credits for the TradingView users for the original codes:

• Log Regression Band: @memotyka9009 and @Quantadelic (Log Growth Curves)
• Gaussian Channel: @DonovanWall and @e2e4mfck
• ADX-DI: @BeikabuOyaji
• MACD: @ChrisMoody
• BTC Hash Ribbons: @capriole_charles
• Hindenburg Omen: @QuantNomad