The objective of the script is to identify the divergences (positive / negative) and visualize them as an indicator to easily spot the possible trend change. Ingredients - a. 34 period RSI at current candle b. 34 period RSI at 21 candles back c. 5 EMA of a d. 5 EMA of b e. 5 EMA of current candle f. 5 EMA of 21 candles back Description - The indicator...
Divergence Fractals combine divergence candlestick patterns with concepts pioneered by Bill Williams and George Lane to create a precise trend following tool that responds very well to the FX market. This indicator is built off of my Neo Fractal data set, which unlike traditional Williams fractals, track highest and lowest closes instead of higher highs and...
Dynamic divergence indicator on 3 indicators, without delays or repaints Technological choices have been made so as not to lie to you about the signals, and so that the backtesting is perfectly faithful to reality. The market is analyzed and looks for a dynamic status of divergence on the Fisher transformation, the Money Flow Index and the MACD: if the status is...
This indicator is an addon to any oscillating indicator. It shows divergences. It shows realtime divergences too. Realtime divergences are potential divergences because the actual pivot is not fully formed. It shows: Regular Bullish Divergences Hidden Bullish Divergences Regular Bearish Divergences Hidden Bearish Divergences Reatime divergence lines...
In my opinion the %K is the only part of the stochastic that you actually need. It's the fast RSI, so it responds much better to large price movements and reveals divergence a lot sooner than %D. The %D has no real confluence with the rest of my strategy so, I only use %K.
Custom Stochastic Oscillator with range plot. Can be used to better identify overbought/oversold conditions within a single bar. In addition to the default Stochastic: %K line smoothing algorithm selection; %D line smoothing algorithm selection; %K line high/low plotting; %K line high/low calculation factor (in bars, default 1).
The RSI DIvergence script tries to predict the upper and lower trend-lines for the current security’s RSI. The script identifies peaks and valleys within the RSI and then tries to draw a trend-line in between the peaks and the valleys. The longest possible trend-line originating from the latest peak/valley will be used to determine whether or not the trend is...
>> How to use this indicator : 1. Set your teadingview theme to dark theme. 2. My indicator is valid for forex, stock and but more valid for crypto. 3. Use three timeframe for more validation (choose between those, that fit to your trading style) : - Timeframe 1m, 5m, and 15m for Scalping - Timeframe 30m, 1h and 4h for Intraday - Timeframe 4h, 1D and 1W for...
Faust is a composite indicator that combines 3 volume indicators: TSV, OBV, and PVT. TSV moving average is plotted as an oscillator. OBV and PVT are calculated internally. Four divergences are calculated for each indicator (regular bearish, regular bullish, hidden bearish, and hidden bullish) with three look-back periods (high, mid, and small). For TSV, the...
This indicator combines the divergence of rsi and macd and displays it on the candlestick chart. RSI: 1. When rsi is at a high point, once it falls by 1 k line, it will detect the divergence from the previous high point. This can quickly find the divergence that has taken effect and help you quickly capture the trend before a sharp decline or rise. The difference...
→ Hi everyone, very proud to publish my unique leading oscillator ! ← Sense is a "leading indicator" : it shows what can happen in the future, meanwhile a lagging indicator like MAs shows past sentiment. Sense diverging with Price ? Care at the reversal ! It can be a great tool to upgrade your timings, after a divergence for example, to snipe reversals or to...
The Awesome Oscillator is an indicator used to measure market momentum. AO calculates the difference of a 34 Period and 5 Period Simple Moving Averages. The Simple Moving Averages that are used are not calculated using closing price but rather each bar's midpoints. AO is generally used to affirm trends or to anticipate possible reversals. The Awesome Oscillator's...
## DogeGuide V1.5 ## Pine Script V5 This is a very simple indicator that will provide users with a way to see EMAs (exponential movingaverages), Includind the highlight between two EMA lines, which are 15 and 30 lines. EMAs are very strong support and resistance indicator to guide user though these tool by fixed and default settings. And, easy to customize...
This indicator is hard-coded for Bitcoin, but you may try it on other asset classes/coins. I have not updated this indicator in over 3 years, but it seems to still work very well for Bitcoin. This indicator is NOT for beginners and is directed towards intermediate/advanced traders with a sensibility to agree/disagree with what this indicator is signalling (common...
Hidden Divergence Elucidator is a brand new strategy-oriented indicator, elucidating RSI hidden divergences. The uniqueness is represented by a beautiful detection of hidden divergence which excludes any regular divergences. This indicator is shown under the oscillator window. It is highly recommended to use both HDE and HDE O/L.
Hidden Divergence Elucidator is a brand new strategy-oriented indicator, elucidating RSI hidden divergences. The uniqueness is represented by a beautiful detection of hidden divergence which excludes any regular divergences. This is an overlay version of Hidden Divergence Elucidator(HDE). It is highly recommended to use both HDE and HDE O/L.
A fully fledged RSI indicator. Features: - An EMA on the RSI - 2 Different range settings for the background - 2 Different color schemes - Markers for hidden and normal divergence - Lines for hidden and normal divergence Enjoy!
Jae_Folw+ - Auxiliary indicator that can judge the overall flow / short-term flow of the market - Flow Chart is divided into upper / middle / lower part - There is no timeframe limitation, but like the existing divergence trading, we recommend trading by specifying the mainframe. 🔋 (green line) : It is written with an algorithm based on (5 33 / 10 66 / 20 1212)...