what is "Trend Oscillator"? it is an indicator for determining the trend. what it does? analyzes the price action by reducing it to 4 different situations. Red means strong bear, orange means bearish, yellow means weak bull and green means strong bull. It was developed to help traders who trade in the direction of the trend and its biggest promise is to simplify...
This is a stock screener that incorporates open source code by QuantNomad, with the addition of slow and fast EMA pullback and crossover functions. It is designed for intraday scalping and quick trades, using 1, 3, and 5 minute candles. The RSI, Supertrend, and ADX indicators help to confirm trade setups, and the use of discount, premium, and equilibrium zones can...
╭━━━╮ ╰╮╭╮┃ ╱┃┃┃┣╮╱╭┳━╮╭━━┳╮╭┳━━╮ ╱┃┃┃┃┃╱┃┃╭╮┫╭╮┃╰╯┃╭╮┃ ╭╯╰╯┃╰━╯┃┃┃┃╭╮┃┃┃┃╰╯┃ ╰━━━┻━╮╭┻╯╰┻╯╰┻┻┻┻━━╯ ╱╱╱╱╭━╯┃ ╱╱╱╱╰━━╯ Overview Dynamo is built to be the Swiss-knife for price-movement & strength detection, it aims to provide a holistic view of the current price across multiple dimensions. This is achieved by combining 3 very specific indicators(RSI,...
█ OVERVIEW TASC's February 2023 edition of Traders' Tips includes an article titled "Every Little Bit Helps: Averaging The Open And Close To Reduce Noise" by John Ehlers. This code implements the numerical example from this article. █ CONCEPTS Using theories from digital signal processing as a starting point, John Ehlers argues that using the average of...
Having a hard time deciding which wavelength to use for a Hurst analysis? Try a handful at once! SwamiCharts by John Ehlers offers a comprehensive way to visualize an indicator used over a range of lookback periods. The Spectral Analysis SwamiChart shows the bullish or bearish state of a spectrum of bandpasses over a user-defined range of wavelengths. The trader...
The Dark Energy Divergence Oscillator (DEDO) What makes The Universe grow at an accelerating pace? Dark Energy. What makes The Economy grow at an accelerating pace? Debt. Debt is the Dark Energy of The Economy. I pronounce DEDO "Deed-oh", but variations are fine with me. Note: The Pine Script version of DEDO is improved from the original formula, which used a...
This is an adaption of the Mcclellan Oscillator for crypto. Instead of tracking the S&P500 it tracks a selection of cryptos to make sure the indicator follows this sector instead. Full credit goes to the creator of this indicator: Fadior. It has since been fixed by SLN. The following description explains the standard McClellan Oscillator. Full credit to ...
This is a simple trend trading companion indicator for Hayden's Advanced RSI, which can be found here: For best results, please be sure your oscillator and chart companion settings match. Detailed trade information & statistics can be found when hovering over any of the indicator labels. The backtesting results are not calculated the same as TradingView, and the...
Support & Resistance drawn based on overbought & oversold RSI . where the overbought acts as resistance and oversold acts as support. It has 2 levels (for support and resistance - i call them level_n_high or level_n_low) for each lookback period. it checks the highest pivot and the lowest pivot based on the lookback period then we compare if rsi is higher than...
The Dynamic Volume Oscillator uses a combination of volume and momentum to nail whenever a reversal is likely to happen. I've also included divergences (both regular and hidden) that you can toggle on/off and adjust the settings to fit your trading style. Colors - The green wave indicates an uptrend while the purple wave indicates a downtrend....
Level: 3 Background If you like my banker fund series indicators, this may be another helpful one which describe banker fund sentiment with price and volume infomation. c. Function Use price (major EMAs and SMAs) and volume infomation to model banker fund in a sensitive way which can be called banker fund sentiment. This was realized by a form of oscillator and...
This is a Dominant Cycle Detection Oscillator that searches multiple ranges of wavelengths within a spectrum. Choose one of 4 different dominant cycle detection methods (MESA MAMA cycle, Pearson Autocorrelation, Discreet Fourier Transform, and Phase Accumulation) to determine the most dominant cycles and see the historical results. Straight lines can indicate a...
Here is a simple tool to measure and display outcome of certain RSI event over heat map. 🎲 Process 🎯Event Event can be either Crossover or Crossunder of RSI on certain value. 🎯Measuring Impact Impact of the event after N number of bars is measured in terms of highest and lowest displacement from the last close price. Impact can be collected as either...
what is Exponential Stochastic? it is a modified version of the stochastic indicator. This strategy does not include pyramiding, repaint, trailing stop or take profit. what it does? It contains an extra input in addition to the stochastic indicator. Thanks to this input, different exponential weights can be given to the outputs and the indicator can be made more...
At the suggestion of a friend, I prepared this educational indicator to show how to use a Multi time frames on the chart based on the color of The Candle. This Script calculates the stochastic oscillator for multiple timeframes and displays the overbought/oversold signals on the chart with color coding. The stochastic oscillator is a momentum indicator that...
█ OVERVIEW "ADX" is a popular technical analysis indicator used to determine trend strength. Advanced ADX is divided in two main sectors: Default ADX Higher time frame ADX analysis and trend phase █ DESCRIPTION You have two ADX's, One has the same time frame as your chart and the other one can be set by yourself in settings, Named Vision time frame. Default...
▶Elliott Wave Scanner This is an added feature of the wave drawing version, but this version is used for scanning multiple currency pairs simultaneously, based on the custom list you have specified as your preferred ones, making it more convenient for you. This : ════════════════════════ This will be an adjustment of the number bars to be similar to the...
what is Limited Fisher Transform? This indicator is a compressed version of the Fisher transform indicator between 100 and 0 values. what it does? It allows us to define overbought and oversold zones by compressing the values of the "fisher transform" indicator between 0 and 100. also these zones are the same for every timeframe and trading pair, just like...