Hi
Let me introduce my Bill Williams. Awesome Oscillator (AO) script.
This indicator is based on Bill Williams` recommendations from his book
"New Trading Dimensions". We recommend this book to you as most useful reading.
The wisdom, technical expertise, and skillful teaching style of Williams make
it a truly revolutionary-level source. A...
Suggested by John Ehlers, IFT helps you to determine the exact oversold/overbought points in any oscillator-type indicators.
The 3 IFT based indicators in this chart are:
- Inverse Fisher on RSI (IFTRSI)
- Inverse Fisher on MFI (IFTMFI)
- Inverse Fisher on CyberCycle (IFTCC)
Suggested method to use any IFT indicator is to buy when the indicator crosses over...
My "to-publish" list is getting too big, so decided to push out 3 indicators in the same chart
Feel free to "make mine" and use :) Leave a comment on what you think.
Pretty Good Oscillator
----------------------------------------
This indicator, by Mark Johnson, measures the distance of the current close from its N-day simple moving average, expressed in...
KRI is a leading indicator, just like RSI. More info: www.etoro.com
I have noticed KRI producing less false-divergences compared to RSI (in my limited BTC backtesting).
Give it a try / backtest on your instrument. Appreciate a note here on what you think.
About:
Averages, and the way they are compared and calculated make up a large amount of the indicators out there, so the fun thing about new averages, is how they open up a whole new group of indicators.
Usage:
This is Laguerre RSI. You'll notice it acts a little different than your normal RSI, and it can be traded in different ways. It can be used as a switch,...
TSI is a "double smoothed" indicator. It is used just like RSI. Overbought and oversold levels differ. They are marked by the indicator.
BTCe shows only 3 oversold conditions so far, the last one being just days ago.
Indicator allows choosing either MFI or RSI and draws a BB over it to identify oversold / overbought conditions.
Oversold/Overbought breaches are highlighted using different colors for easy identification. Has helped me a lot during sudden pumps to identify the tops, hope you find a use for this.
Small modification to stock UO code to highlight lows / highs. This helps to see the trend easily. The length to check for high/low is configurable (lengthSlope), I am yet to find the optimal setting but 30 looks nice so far.
