Combining the Relative Strength Index (RSI), Stochastic RSI (StochRSI), and Money Flow Index (MFI) can provide traders with a comprehensive approach to analyze market momentum, overbought/oversold conditions, and money flow. Each indicator offers unique insights, and their combination can help confirm trading signals and filter out false signals. Let's delve into...
The Parkinson's Volatility Estimator (PVE) provides an alternative method for assessing market volatility using the highest and lowest prices within a given period. Unlike traditional models that predominantly rely on closing prices, the PVE considers the full range of intra-candle price movements, thereby potentially offering a more comprehensive gauge of market...
Session Master Indicator Overview The "Session Master" indicator is a unique tool designed to enhance trading decisions by providing visual cues and relevant information during the critical last 15 minutes of a trading session. It also integrates advanced trend analysis using the Average Directional Index (ADX) and Directional Movement Index (DI) to offer...
Using RSI, chande momentum indicator and volume with bollinger bands. Buy when stock is in uptrend and showing great weakness below 30 on indicator to buy a dip while still going up.
The Relative Strength Index (RSI) is like a fitness tracker for the underlying time series. It measures how overbought or oversold an asset is, which is kinda like saying how tired or energized it is. When the RSI goes too high, it suggests the asset might be tired and due for a rest, so it could be a sign it's gonna drop. On the flip side, when the RSI goes too...
The RMVH indicator combines several popular technical analysis tools to provide a comprehensive view of market conditions. It includes Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), Volume, and Smoothed Heiken Ashi. RSI (Relative Strength Index): The RSI measures the strength and speed of price movements. It oscillates between 0 and...
The "Enhanced Predictive Model" is a sophisticated TradingView indicator designed for traders looking for advanced predictive insights into market trends. This model leverages smoothed price data through an Exponential Moving Average (EMA) to ensure a more stable trend analysis and mitigate the effects of price volatility. **Features of the Enhanced Predictive...
RSI Multiple TimeFrame, Version 1.0 Overview The RSI Multiple TimeFrame script is designed to enhance trading decisions by providing a comprehensive view of the Relative Strength Index (RSI) across multiple timeframes. This tool helps traders identify overbought and oversold conditions more accurately by analyzing RSI values on different intervals...
MTF Williams Vix Fix Indicator is a dynamic tool tailored for traders looking to capture market extremes with high precision. This multi-timeframe indicator leverages the concept of the Williams Vix Fix to spot potential reversals before they occur. Key Features Multi-Timeframe Analysis: Provides simultaneous visibility across multiple timeframes, enabling...
The Garman-Klass-Yang-Zhang Volatility Estimator (GKYZVE) is yet another attempt to robustly measure volatility, integrating intra-candle and inter-candle dynamics. It is an extension of the Garman-Klass Volatility Estimator (GKVE) incorporating insights from the Yang-Zhang Volatility Estimator (YZVE) . Like the YZVE, the GKYZVE holistically considers open, high,...
Indicator to show when the RSI is in oversold(Below 30) or overbought (Above 70) conditions. The background color of the chart changes colors in the areas where the above conditions are met. Price can often reverse in these areas. However, this depends on the strength of the trend and price may continue higher or lower in the direction of the overall trend....
The Yang-Zheng Volatility Estimator (YZVE) integrates both intra-candle and inter-candle dynamics, such as overnight and weekend price changes, offering a more detailed analysis compared to traditional methods. The YZVE is proposed to improve over the standard deviation by accounting for the open, high, low, and close prices of trading periods, instead of only the...
This waa my first Indicator, created with chatgpt and google bard assistance- i changed band levels to following: -lower band: -0-blue-16- -9-black-10- -18-red-11- -middle band: -38-green-14- -47-grey-3- -56-red-11- -upper band: -76-yellow-13- -85-blue-16- -94-red-11- --- i dont want to change all description, so i leave it as it is, my idea was to have...
RS Rating for Trading View This Trading View script calculates the Relative Price Strength (RS) Rating for a given stock. It's a measure of a stock's price performance over the last twelve months, compared to all stocks in a selected Index. The rating scale ranges from 1 (lowest) to 99 (highest). Features - Adaptation for Indian Market - Option to choose the...
a technical analysis indicator named "Stocastic Reference Dino," which is a stochastic oscillator used to analyze market trends and potential price reversals. Key Features: Inputs: K Period (lengthK): Defines the period for the %K line calculation (default 13). D Period (lengthD): Defines the period for the %D line calculation (default 9). Smoothing Period...
DEMA RSI Overlay PLEASE Read the following, knowing what an indicator does at its core before adding it into a system is pivotal. The core concepts can allow you to include it in a logical and sound manner. Anyways, BackQuant's new trading indicator that blends the Double Exponential Moving Average (DEMA) with the Relative Strength Index (RSI) to create a...
The Average True Range (ATR) indicator is a technical analysis tool used to measure market volatility. The ATR indicator is designed to capture the degree of price movement or price volatility over a specified period of time. It does this by calculating the true range for each bar or candlestick on a chart and then taking an average of these true range values over...
Script Introduction The L3 Ultimate Market Sentinel (UMS) is a technical indicator specifically designed to capture market turning points. This indicator incorporates the principles of the Stochastic Oscillator and provides a clear view of market dynamics through four key boundary lines — the Alert Line, Start Line, Safe Line, and Divider Line. The UMS...