This is a very simple indicator for quickly spotting points of momentum exhaustion and potential trend reversal. It is NOT a Buy or Sell signal. Instead, it tries to isolate periods of maximum risk and maximum opportunity.
Internally, it combines the RSI and MFI indicators to reduce noise and provide more accurate signals.
Corrected Relative Volatility Index. This indicator was originally developed by Donald Dorsey (Stocks & Commodities V.11:6 (253-256): The Relative Volatility Index).
The indicator was revised by Dorsey in 1995 (Stocks & Commodities V.13:09 (388-391): Refining the Relative Volatility Index).
I suggest the refined RVI with optional settings. If you disabled...
This is the non-accumulating portion of the price-volume trend (PVT)--the amount by which PVT would change each bar--which I have turned into a zero-centered oscillator. The plot is a 9-day EMA of the PVT change, multiplied by 1000 for readability, with lime/red corresponding to whether the actual PVT increased or decreased for that bar.
As always, the length of...
RSI overbought and oversold histogram
Just indicator combo of oldschool slow stochastic and rsi, just looking a little bit better for someone.
Strategy is simple:
1) RSI is overbought or oversold (above 70, below 30)?
2) Stochastic line crosses its ema?
3) Stochastic and stochastic ema are in overbought = sell, oversold = buy.
Works good in volitile stocks/pairs...
Oversold Purple Candlestics + Red area in RSI Chart
Overbough Blue Candlestics + Green area in RSI Chart
This is just a trollscript for Tufts2003 yolooo
The absolute value of "CMO" alone makes it impossible to know the current location for the waves and there is a possibility of doing useless entry.
To prevent this, display EMA.
The absolute value of "CMO" alone makes it impossible to know the current location for the waves and there is a possibility of making useless entries.
In order to prevent this, display EMA.
Description:
MAD stands for Moving Average Delta, it calculates the difference between moving average and price. The curve shows the difference in Pips.
By calculating the delta between two points we can see more small changes in the direction of the moving average curve which are normally hard to see. You can see the MAD curve as look through the microscope at a...
