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 ...
----------------- Hey there! The indicator is used for a rough trend assessment. Both superordinate structures and subordinate movements are mapped here. With the help of a calculation via Ema and MACD , different timeframes can be displayed in the same chart. This makes the multi-timeframe analysis extremely easy. On all Asset classes! The indicator is...
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...
█ What market information does this indicator tell you ? Bull Bear Momentum(BBM) indicator is a combination of leading + lagging indicator. • Leading Indicator are used to predict the next movement. • Lagging Indicator are used to show the current movement. The main purpose of BBM is to measure the factors that affect the rise and fall of stock prices, and...
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...
Constance Brown Composite Index was developed by Miss Brown. It is an alternative to the classic RSI , but responds better regardless of trending or ranging markets. If you are not familiar with this tool, you could read her book "Technical Analysis for the Trading Professional, Second Edition". Some free materials can also be found on the web explaining the core...
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...
The following indicator help to have an idea of the current state of the MACD and FullStochastic in 1 hour and 1 day. If you are a trader that is regularly using stochastics and macd indicator and don't have enough space in you screen this might help to increase the space in your screen. Parameters used on MACD: 12, 26,9 Parameters used on Stochastics:...
Quoted from Cheatcountry : “The Leading Indicator was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 235) and as the name implies, this is a leading indicator that provides super early signals. Feel free to change the alpha values to adjust to your needs. Buy when the indicator line is green and sell when it is red.” His original...
The script looks at how far the price is below or above the ichimoku cloud, and publishes an oscillator. Low or high oscillator values are indicative of reversals, to assist with long or short entry decisions.
Speculation Ratio Territory Calculator. It is used to find the Index Top or Bottom which will define the buying and selling zone. Example: As market Trades around 248 days in a year. So, 248day/2 = 124 Now Use 124 D SMA (Simple Moving Average). If Ticker XYZ trading at 38704 and SMA 124 at 30443 than SRT will be 01.27. (Calculation=38704/30443=01.27 is our...
This script simply displays bar colors corresponding to the SMI Ergodic Indicator. It does not display the oscillator or indicator itself. I prefer not to crowd my display with too many oscillators - others may find this script useful as well. Used in conjunction with other indicators, the SMII can give early reversal signals. Thanks to the TV community.
Display Case is a customizable multiple Indicator package that is usable right out of the box or can be modified to include your favorite oscillators, moving averages, or anything else! The display case dimensions and colors can be user defined in the Settings menu, as well as the candle length and heights of each indicator so they can be stacked separately or...
ENG: This is a script that colors RSI overbought and oversold conditions and as a bonus, displays bullish or bearish divergences in the last 90 candles (you can change it by default). Part of the code is taken from the Trading View examples. RU: Это скрипт, который окрашивает условия перекупленности и перепроданности RSI и в качестве бонуса отображает бычьи или...