This RSI script will show you the following things:
When the RSI moves between the green lines (40 - 80++) we are in a Bull market.
If the RSI moves between the middle green and red line (40-60) we have some sideways action.
And yes, when the RSI is between the red lines (60 - 20--) we can say that we are in a Bear market.
The dashed lines in between are on...
There are a red base line on chart.
If crossunder the base line , we can treat it as bear market. If crossover baseline , we can treat it as bull market.
you can setting the base line number yourself for some special case.
I am using T3 moving averages to generate the idea of what kind of bias I should take in a current market.
So, how does this works?
When the close is higher than T3EMA10, the trend direction is upwards,
When the close is lower than T3EMA10, the trend direction is downward.
Using this, we can assume that there is higher probability for market to continue it's...
This script lets you setup 2 EMA time frames and color codes the short line (signal) based on if it is above or below the longer term line (baseline)
When the short time frame crosses up the short line turns green and draws a green bar down to signal upward cross.
When the short time frame crosses down the short line turns red and draws a red bar down to...
Identify Divergences on 6 oscillators simultaneously.
From the bottom up.
0 to 1 (black): MACD
1 to 2 (green): Elders Force Index
2 to 3 (blue): RSI
3 to 4 (purple): Awesome Oscillator
4 to 5 (red): Commodity channel index
5 to 6 (orange): Stochastic
You can change the identification of the divergence in the settings and use the Oscillator Divergences ...
Hi Traders,
Bear vs Bull Trend indicator helps you to determine the trend direction easily. Using this indicator, you will not need to look for the cross-over anymore. You can simply choose your favorite Trend detection indicator from the properties (sma, wma, ema, linear). I usually use Linear trends.
Disclaimer: All the information in this article, including...
This is an accumulation of small buy orders and a complete sell order strategy, that can be used for manual trading or for a trading bot. The strategy is based on stockastic divergences ( an indicator that I made myself and is published on my profile earlier ), and I added my personnal touch of course. Note that the bullish and bearish stochastic divergences are...
View Total Volume, Bull Volume, and/or Bear Volume. View Volume Effectiveness to reveal how Volume has effected the price. View the Moving Average of any of the above metrics, selecting one or more types of moving averages(SMA, EMA, RMA, SWMA, VWMA, WMA, or ALMA). Create nearly infinite crossovers by activating the Secondary Moving Average and choosing a longer...
The Automatic Fib Retracement - Silver -0.24% script indicates the 50-61.8% pullback region.
The lines of the upper and lower pivots, the support and resistance areas are also highlighted.
Customisable Fib Length - Time period over which max and min pivots are chosen.
Offsetfib - Automatically offsets the pivots and sell zone as your entry position
will be...
Hello,
I made a custom indicator.
Divergences with stochastique and price are really strong signals.
About the indicator
A bullish divergence happens when the stoch K makes a higher low and is depicted by a green triangle up.
A bearish divergence happens when the stoch K makes a lower high and is depicted by a red triangle down.
This script is the base for my...
This is a customized trend filter that has several uses:
It helps identify trend direction, either bullish or bearish
It distinguishes between a pullback and a trend reversal
It helps identify areas where traders should stand aside
It highlights areas of consolidation
This is a customized trend filter that has several uses:
It helps identify trend direction, either bullish or bearish
It distinguishes between a pullback and a trend reversal
It helps identify areas where traders should stand aside
It highlights areas of consolidation
This script analyses the CCI indicator values, showing when a fall in price or a rise in price may happen, or when the CCI is confirming the trend.
The user can personalize:
The period to be used and the range of the CCI bands ( by default)
The slow SMA period to be used and the price percentage variation to react for bullish/bearish
Consecutive number...
Plots 6 different kinds of bearish candlesticks. I started with HPotter's previous work, added 4 other types of bearish Candlesticks and bunched them in one indicator.
C320up Bear Power
“The Bears Power oscillator was developed by Alexander Elder. It measures the difference between the lowest price and a 13-day Exponential Moving Average (EMA), plotted as a histogram. If the Bears Power indicator is below zero, it means sellers were able to drive price below the EMA. If the Bears Power indicator is above zero, it means...
◊ Introduction
This script indicates the relative movement of price x volume.
◊ Origin
Based on 'The Relative Momentum Index' by Roger Altman : February, 1993 issue of Technical Analysis of Stocks & Commodities magazine.
While RSI counts up and down days from close to close, the Relative Momentum Index counts up and down days from the close relative to a...
![LSKBTC: 08-2018 Stochastic 5m [ALERT SETUP] [INDICATOR]](https://s3.tradingview.com/m/MA0gobkt_mid.png "08-2018 Stochastic 5m [ALERT SETUP] [INDICATOR]")
