INVITE-ONLY SCRIPT
Parametric Oscillator (Expo)
업데이트됨
Parametric Oscillator (Expo)
DESCRIPTION
Parametric Oscillator is an ATR based indicator that both shows the momentum in the market and overbought/oversold areas. The indicator has a price line that can be used for market timing.
This indicator is a good complement to Cumulative Delta (Expo). If you absolutely want to understand momentum and market timing, these indicators should be used together with Parametric ATR Signal (Expo).
HOW TO USE
1. Use the indicator to detect trends.
2. Use the indicator to assess the momentum in the market.
3. Use the indicator to identify overbought and oversold areas.
4. Combine the indicator with Cumulative Delta (Expo) and with Parametric ATR Signal (Expo).
INDICATOR IN ACTION
REGULAR – SCALE
TREND
• A positive trend: the candlesticks are above the midline.
• A negative trend: the candlesticks are below the midline.
• The midline can act as a support or resistance level
OverBought
• The candlesticks are approaching the upper-cloud
OverSold
• The candlesticks are approaching the lower-cloud
EURUSD
BTCUSD
BRENT
EURUSD
LOGARITHMIC – SCALE
TREND
• A positive trend: the candlesticks are close to the upper cloud.
• A negative trend: the candlesticks are close to the lower cloud.
OverBought
• We must have a negative trend and the Price-line peak up above the midline.
OverSold
• We must have a positive trend and the Price-line peak down below the midline
EURUSD
BTCUSD
GOLD
RENKO CHART
BTCUSD
DIVERGENCES
All types of momentum oscillator indicators produce divergences and so does Parametric oscillator (Expo). Divergences occur when the oscillator deviates from the trending price action. Bullish divergence is then when the trending price makes a lower low but the oscillator makes a higher low. Bearish divergence is then when the trending price makes a higher high but the oscillator makes a lower high.
I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
DESCRIPTION
Parametric Oscillator is an ATR based indicator that both shows the momentum in the market and overbought/oversold areas. The indicator has a price line that can be used for market timing.
This indicator is a good complement to Cumulative Delta (Expo). If you absolutely want to understand momentum and market timing, these indicators should be used together with Parametric ATR Signal (Expo).
HOW TO USE
1. Use the indicator to detect trends.
2. Use the indicator to assess the momentum in the market.
3. Use the indicator to identify overbought and oversold areas.
4. Combine the indicator with Cumulative Delta (Expo) and with Parametric ATR Signal (Expo).
INDICATOR IN ACTION
REGULAR – SCALE
TREND
• A positive trend: the candlesticks are above the midline.
• A negative trend: the candlesticks are below the midline.
• The midline can act as a support or resistance level
OverBought
• The candlesticks are approaching the upper-cloud
OverSold
• The candlesticks are approaching the lower-cloud
EURUSD
BTCUSD
BRENT
EURUSD
LOGARITHMIC – SCALE
TREND
• A positive trend: the candlesticks are close to the upper cloud.
• A negative trend: the candlesticks are close to the lower cloud.
OverBought
• We must have a negative trend and the Price-line peak up above the midline.
OverSold
• We must have a positive trend and the Price-line peak down below the midline
EURUSD
BTCUSD
GOLD
RENKO CHART
BTCUSD
DIVERGENCES
All types of momentum oscillator indicators produce divergences and so does Parametric oscillator (Expo). Divergences occur when the oscillator deviates from the trending price action. Bullish divergence is then when the trending price makes a lower low but the oscillator makes a higher low. Bearish divergence is then when the trending price makes a higher high but the oscillator makes a lower high.
I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
릴리즈 노트
Major Improvements! - Market change/reversal signals are added!
Best
릴리즈 노트
Minor updateBest
릴리즈 노트
Minor Update- *Heads-up top signals added (Red triangles)
*Heads- up bottom signals added (Green triangles)
Heads-Up signals give early signs of when the market might top- or bottom out.
Best
릴리즈 노트
Improvements!- New Long and Short Signals with Alerts Added.
- Improved Market Change/reversal Signals.
- Improved Heads-Up Signals.
릴리즈 노트
Improvements!- Major Performance Improvements
- Improved Accuracy of Market-change and Heads - up signals
- Trend Shift Alerts Added
릴리즈 노트
Improvements! - Performance Improvements
- Tooltips Added
릴리즈 노트
Improvements!- Enhanced oscillator calculation
릴리즈 노트
Improvements! - Minor changes
릴리즈 노트
Improvements!- Alerts Added
릴리즈 노트
Improvements!- Alerts Added
초대 전용 스크립트
이 스크립트에 대한 접근은 작성자가 승인한 사용자로 제한되며, 일반적으로 지불이 필요합니다. 즐겨찾기에 추가할 수 있지만 권한을 요청하고 작성자에게 권한을 받은 후에만 사용할 수 있습니다. 자세한 내용은 Zeiierman에게 문의하거나 아래의 작성자의 지시사항을 따르십시오.
트레이딩뷰는 스크립트 작성자를 100% 신뢰하고 스크립트 작동 원리를 이해하지 않는 한 스크립트 비용을 지불하고 사용하는 것을 권장하지 않습니다. 대부분의 경우 커뮤니티 스크립트에서 무료로 좋은 오픈소스 대안을 찾을 수 있습니다.
작성자 지시 사항
″• Contact me on TradingView or use the links below
차트에 이 스크립트를 사용하시겠습니까?
경고: 액세스를 요청하기 전에 읽어 보시기 바랍니다.
Join Our Free Discord: discord.gg/zeiiermantrading
Access my indicators at: linktr.ee/zeiierman_trading
Earn $15
tradingview.com/gopro/?share_your_love=Zeiierman
SMC Trading
linktr.ee/zeiierman_trading
Access my indicators at: linktr.ee/zeiierman_trading
Earn $15
tradingview.com/gopro/?share_your_love=Zeiierman
SMC Trading
linktr.ee/zeiierman_trading
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.