This is similar to regular WaveTrend Oscillator except: - replaces hlc3 input with a weighted log formula for better stability/performance on high volatility charts - zero-centered scaling - SMA crossovers above and below OB/OS thresholds are marked as buy/sell signals
I found this awesome script from @quantadelic and edited it to be a bit more legible for regular use, including coloured zones and removing the intercept / slope values as variables, to leave space for the fib levels in the indicator display. I hope you all like it.
My WaveTrend Oscillator indicator optimized for dark backgrounds. The light mode is available here:
This is a straightforward modification of LazyBear's CCI-coded OBV indicator with the following changes: 1) uses log-hl2 as source, which seems to be a more stable indicator of price change than close 2) adds optional price smoothing
This indicator is almost identical to "Bollinger Bands %BB" except its calculations are performed in logspace and it adds an optional EMA line (after LazyBear's idea).
This indicator is in principle similar to Stochastic Oscillator, but contains the following improvements: - advanced Ehlers-based smoothing (typically results in earlier signals than regular EMA smoothing) - graceful degradation when few candles present for improved accuracy in the beginning of the chart - buy/sell signals based on K-D crossover above/below thresholds
Calculation begins at the beginning of the bar, eliminating incorrect moving average weighting at the very beginning of the ticker you're watching. This is important for new stocks, futures, altcoins, etc. The inputs for the fast/slow alphas are now normal integers, with the calculation (2 / (y + 1)) for alpha added after input. Comes with two moving averages...
RSI calculated for log scale, with divergences labeled, as well as a 1 hour 55 EMA for signal. Original log-space RSI by fskrypt. Divergences taken from JustUncleL, originally from RicardoSantos.
Similar to basic EMA Ribbon indicator except uses log-space transformation. Should be better on very long timeframes and for determining beginning of a bull market. The tradeoff is that it is slower than regular EMA near peaks (regular EMA will outperform this indicator when determining when to sell).
Make Williams Alligator usable for looking at weekly and high-volatility crypto charts. The built-in indicator may have some problems with these charts, as in example below:
Calculates Bollinger Bands in log space, which is useful for high-volatility charts and for looking at long-term growth
This indicator is identical to regular MACD indicator except it is calculated in log space, which is useful for looking at long-term trends.
A combo of 3 MAs for traders who grew accustomed to using Binance MA settings
Just like regular momentum indicator except calculated in log space and with a horizontal line centered at zero for easier analysis
This indicator give you the trend by log scale of the candels and the MA blue line =bullish red line =bearish
This indicator uses identical calculation to Ichimoku indicator except performed in log-space. This is helpful for long-term and highly volatile charts.
This indicator has two features that make it better than standard SMMA for cryptocurrencies: - starts from the very first candle - calculations are performed in log-space which means less sensitivity to extreme volatility common in crypto world
The idea is help traders to see the patterns and levels from a different point o view. This script create candlestick using the opening, high, low and close price as source on your favorite function. It's very simple to use: Select a function in the drop box list, the number of bars length, check or uncheck the boxes to treat source as logarithm, smooth, and...