This Stoch RSI has a 50 line to help determine if the momentum is going up or down. Under 50, down and above 50 is up.
Se trata de la suma de la línea lenta del indicador MACD mas el RSI. De modo que acentuar el momento en que ambos muestran sobre venta o sobre compra.
MACD and RSI combined in one indicator. This is to allow you to add more than 3 indicators in free version of Trading view
The base of this Indicator is MACD but I've weighted it using Volume also Normalized it. You can use it for divergence and other strategies such as signal line cross with macd line. Enjoy.
Hi again. I have another indicator that I think is pretty neat. I had the idea of creating an Awesome Oscillator for my Ultimate MA, just to see what kind of signals it might produce. If you're not familiar with my UMA you should go take a look at it, but essentially it is just an average of eight different length MAs, and if you're not familiar with the Awesome...
hey Piners community, this is an iteration of inbuilt MFI script, with two MFIs of different lengths and one Moving Average which is dependent on MFI 1. I find it useful to see the trend of longer MFI period, which tells me what direction to trade. On shorter period MFI I'm looking at Oversold or Overbought zones - while quicker MFI index is there, I'm looking...
OTTO - Optimized Trend Tracker Oscillator is a derivative of Anıl Özekşi's OTT - Optimized Trend Tracker: It is more sensitive to price movements when compared to its ancestor OTT. There are 2 more parameters of VIDYA moving average lengths FAST and SLOW. Fast VIDYA has length of 10 bars and Slow VIDYA has 25. Correction Constant is a crucial parameter to make...
Relative strength is a calculation of the price trend of a stock or a financial instrument in comparison to another instrument, stock, or industry. It shall be determined by taking the price of one commodity and dividing it by another. Relative strength is a strategy used for determining value stocks and is used in momentum investing as well. It involves...
This indicator uses the concept of slopes and normalizes the values so that they are bounded between 0 and 100. The steps required to calculate the indicator are as follows: * Calculate the slope of the price using a lookback period (by default, it is either 14 or 21). The slope is calculated by subtracting the current close price from the close price 21 (or 14)...
This indicator allows you to filter the chart from probable chaotic movements. I use Stochastic oscillator mixing of Standard deviation and smoothed Volume . When the standard deviation is higher than the volume , it is worth waiting for linear movements. When the volume is above the standard deviation, it is worth waiting for chaotic movements. Work on the...
Another attempt on making use of CM-Williams-Vix-Fix-Finds-Market-Bottoms from Chris Moody - which is arguably one of the best indicator available on pine and tradingview platform. Every time I revisit this, I get new ideas on applying this method. I have slightly altered formula to highest(source)-source/highest(source) from the original formula ...
This indicator is a deviation of a Center of Gravity Oscillator corrected for the diminishing returns of Bitcoin. I've set up this indicator for it to be used on the weekly timeframe. The indicator oscillates between 0 and 10, where 0 indicates oversold conditions and 10 indicates overbought conditions. The indicator plots in any BTCUSD spot, futures , BLX index...
For a long time I've been using complicated script with too much informations in it. In this one I try to have just the bare minimum information to be able to analyse and find a potential reversal zone. It is inspired from different wave trend / cipher script but has been tuned after months of backtest. Extending the usage of the wave trend oscillator, which can...
I'm reposting the Saylor to Schiff Ratio indicator that was originally developed by Michael Silva This indicator may be used to predict key momentum shifts in the price of Bitcoin I've set up this indicator for it to be used on the weekly timeframe as was intended. The indicator plots in any BTCUSD spot, futures , BLX index and BTCEUR . It paints in all time...
NOTE: You need to use this script on the ticker that has open interest data. Price Oscillator of the ticker's open interest. Only the money would tell you the truth. Trend tends to change after a significate change of the open interest. So it's may be a reliable indicator to catch the market movements.
This indicator is a modified (Multi Timeframe) version of the Phoenix Ascending that you can find between the @WyckoffMode scripts and it follows the same rules at the moment of the pubblication. A special thanks to @Neuromantic that did a great part of the MTF coding and to @HedgeMode for the "real-time" idea to make the ongoing candle visibly different...
Just one more simple and useless Oscilator based on EMA. I've used Standard Deviation of (close - ema) to show overheated zones.
There are many tools for swing traders. Position traders have not as much, perhaps because they live in the fringe zone between fundamental analysis and trend following. In order to bridge this gap between fundamental analysis and technical analysis on large timeframes, we decided to work on building a market indicator that assesses its risk and quantifies it on...