Function : Relative Strength Index The relative strength index function is defined.
Now you can easily use length with mutable variables !!
Oversold
Stochastic [Gu5]To know if we are in range, I recommend my other indicator "Trend Channel Gu5"
Stochastic shows overbought / oversold
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Para saber cuando no hay tendencia y estamos en rango, recomiendo usar mi indicador "Trend Channel Gu5"
El cruce de K & D nos muestra cundo el mercado esta en sobre-compra o sobre-venta
Las alertas con banderas ayudan a visualizar mas claramente, evitando las alertas duplicadas
Money Flow Index Extreme Condition + MACDCombine the signal of extreme condition of Money Flow Index and MACD
RSI_EMA_FlashesCombination of Chris Moody's RSI + EMA with the background flashes from the Ultimate MTF RSI. Made by request.
Elgrand - Overbought/sold Rsi + Stochastic zonesVisualize on your chart when price in an oversold or overbought zone. A combination of Rsi and Stochasticrsi is used for higher probability. Wait for an zone to be displayed and then wait for price to exit a zone. Once this happens check candlestick patterns and support/resistance "lines" to find appropiate stoplosses for you entry or exit
Elgrand - Overbought Rsi and StochRsi on multiple timeframesScript to visualize the overbought and oversold condition on multiple timeframes. Good way to determine when you have a lower risk for enter a trade or to determine when you need to be on the lookout to sell.
~RMCF~ BORC [with 17 page Annotated PDF with Example Charts]BORC, or Breakout Reversal Confirmation, is a signal based TV Indicator that analyzes multi-period price movements to determine when to enter in oversold and overbought tradeable assets. It works in any time frame and any type of security.
Green triangle means buy
Red Triangle means to get ready for the buy signal
$60 for lifetime access + complimentary PDF with example chart setups
DM @reaganmcf_ on twitter for more information and access
Function StochRSI Stochastic Relative Strength Index developed by Tushar Chande and Stanley Kroll.
This script has been written to eliminate the period variable.(Integer)
Thus, it can be used comfortably in adaptive period scripts ! (For example : Adaptive Moving Average , KAMA , FAMA .. etc. )
All efforts goes to ChaosTrader () ,
RicardoSantos () ,
Hpotter for barcolor codes (iff) ()
I hope it will help your new ideas . Best regards ! Noldo .
Multi Timeframe RSI
This indicator will populate an RSI chart for multiple timeframes on the same chart.
Current Timeframe
15-min
1-hr
4-hr
1D
The point is to more easily see when things are getting oversold or overbought across multiple timeframes at the same time. To help with that, the background will also color green if all your selected timeframes are oversold and red if all your selected timeframes are overbought.
Note: It will only display and use the background colors on your current timeframe and timeframes larger than the current timeframe. So if you are looking at the 4-hr, the 15-min and 1-hr are ignored.
Volume ClimaxThis indicator couples RSI oversold and overbought regions with unusual volume . Often times you will see the final leg of a trend exhaust itself with this volume climax. This indicator is meant to help spot these instances.
User has the ability to customize oversold and overbought regions as well as a multiplier for how much more the volume needs to be relative to the 20 SMA . You can also set an alert with this indicator.
Profit Runner Strategy v2.0This is the strategy version of the recently posted Profit Runner v2.0 study. We include both together so that users can use the strategy for backtesting and figuring out the optimal settings for their specific usage and then implement those settings in the study version(which includes alerts for automated trading).
Green background highlights are buy signals and red background highlights are sell signals. Red and green filled area show the user's stop loss .
TEDong OBV MACD OSC ==> ProfitHi, Folg,
OBV MACD OSC gives a Buy signal when the OBV value crosses up its EMA and a Sell signal when it crosses down its EMA.
Cross over markers Directional bgcolor, where RED for bearish (S) and GREEN for bullish (B)
If you include volume analyses in your trading strategy, automating OBV MACD OSC will give buy signals whenever volume and price are rising altogether.
DONATE/TIP
BTC: 13nhMN2H4LoRi4VMcPcyR96jitxrH3uivB
RSI - Oversold BTC StrategyWhen BTC goes through a large swing downward, it often goes into oversold territory and quickly swings back upwards. This strategy is designed to capitalize on the swings without gettings stopped-out with the surrounding volatility. I find that this strategy works best on the 5 minute chart.
You can set the maximum loss (in dollars), trade size (in BTC ), plus your trailing stop and offset (pips).
The blue line on the graph indicates your stop loss point, which trails your buy-in point by your specified maximum loss. Remember, in this strategy, this stop-loss is only used to protect you from unexpected large swings, your trailing stop loss is used to capture profits.
TEDong Velocity/Acceleration: Physics Newton LawHi Folg,
In physics, equations of motion are equations that describe the behavior of a physical system in terms of its motion as a function of time.
Kinematics motion is simpler as it concerns only variables derived from the positions of objects, and time. In circumstances of constant acceleration, these simpler equations of motion are usually referred to as the SUVAT equations, arising from the definitions of kinematic quantities: displacement (s), initial velocity (u), final velocity (v), acceleration (a), and time (t).
A differential equation of motion, usually identified as some physical law and applying definitions of physical quantities, is used to set up an equation for the problem. Solving the differential equation will lead to a general solution with arbitrary constants, the arbitrariness corresponding to a family of solutions. A particular solution can be obtained by setting the initial values, which fixes the values of the constants. To state this formally, in general an equation of motion M is a function of the position r of the object, its velocity (the first time derivative of r, v = dr/dt
), and its acceleration (the second derivative of r, a = d2r/dt2), and time t.
The following indikator is called TEDong Velocity/Acceleration, with alert LONG/BUY and SHORT/Sell.
DONATE/TIP
BTC: 13nhMN2H4LoRi4VMcPcyR96jitxrH3uivB
Oversold/Overbought RSI backgroundOften a background color is way better of an indicator.
Now you can directly see in your chart when price is in Oversold (red) or in Overbought (green), based on RSI analysis.
Enjoy!
DBT MoMo v.4DBT MOMO
Introduction: The MoMo is a TradingView indicator designed to evaluate momentum and give the user signals according to momentum shifts, strength, extensions, traps, and divergence. It’s an all in one oscillator that will make reading price action near term and long term much easier.
Part One: Strength
The MoMo consist of two major parts. A 3-candle back formula and a 24-candle back formula. The 3-candle back is called the Price Line (the histogram on the MoMo). The 24-candle back is called the Trend Line (the line on the MoMo). Both lines are placed into a range from 20 to -20. It can go higher than 20 or lower than -20, but this is extremely rare and short lived.
A positive number indicates a bullish bias, a negative number indicates a bearish bias. When the Price or Trend line are ascending while below 0 this indicates that the bearish momentum is weakening. When the Price or Trend line are descending while above 0 this indicates that the bullish momentum is weakening.
In a strong trend the Trend Line will likely flatten out around 15 or -15. While the Trend Line is flat the Price Line will likely shift rapidly, this can lead to bull and bear traps, we will discuss this in the Trap section.
A rare, but powerful signal from the MoMo is when the Price and Trend Lines “pinch” and begin to move in the same direction. If this is happening the trader should be looking to follow the direction of these lines.
Part Two: Extensions
When both Price and Trend Lines are above 10 or below -10 this will begin to signal an extension.
Purple: Indicates the bears are extended to the downside and a pullback or trend reversal upward is likely.
Gold: Indicates the bulls are extended to the upside and a pullback or trend reversal downward is likely.
When only the Trend Line is above 10 the MoMo will shade the upper range red. This indicates the Trend is becoming bullish or entering an extension. If the Trend Line cannot maintain above 10 for long and breaks below 10 this indicates it’s an extension and trend will most likely continue downward.
When only the Trend Line is below -10 the MoMo will shade the upper range green. This indicates the Trend is becoming bearish or entering an extension. If the Trend Line cannot maintain below -10 for long and breaks above -10 this indicates it’s an extension and trend will most likely continue upward.
When the green or purple shading have turned off take the lowest point, this is considered a support level or a local bottom.
When the red or gold shading have turned off take the highest point, this is considered a resistance level or a local top.
The trader can preemptively trade the purple or gold warnings but be warned these warnings can go on for a long time if the trend is very strong. It is the same mentality of an overbought or oversold RSI, except the MoMo extensions have a much higher strike rate.
To avoid preemptively trading these extensions the trader should wait for confirmation on the Price Line and on price action. The Price Line (histogram) should be moving upward during a purple extension to begin showing a bottom. The Price Line (histogram) should be moving downward during the gold extension to begin showing a top.
Part Three: Traps
The relation between the Price Line and Trend Line can create trading signals for bull and bear traps. When the Trend Line is flattened out around 15 or -15, indicating a strong trend is in place, and the Price Line is rapidly moving towards the midline this may indicate a trap is forming.
When the Trend Line is flat around 15 and the Price Line begins moving towards 0, if the Price Line reaches 0 or close to 0 and the Trend Line is still flat, a trap has begone. Once the Price Line shifts from decreasing (red) to increasing (green) the trap is playing out. Therefore, the trader should look to exit short positions or enter long positions.
When the Trend Line is flat around -15 and the Price Line begins moving towards 0, if the Price Line reaches 0 or close to 0 and the Trend Line is still flat, a trap has begone. Once the Price Line shifts from increasing (green) to decreasing (red) the trap is playing out. Therefore, the trader should look to exit long positions or enter short positions.
Part Four: Divergences
The MoMo is exceptional at finding divergences with the Price Line and occasionally the Trend Line.
To find a divergence with the MoMo the trader must look for when the histogram is not following price action completely.
Bullish Divergence: Price makes a lower low, MoMo makes a higher low.
Bearish Divergence: Price makes a higher high, MoMo makes a lower high.
Hidden Bull Divergence: Price makes a higher low, MoMo makes a lower low.
Hidden Bear Divergence: Price makes a lower high, MoMo makes a higher high.
For Access or Questions: Private message us. Thank you.
Force Index - Multi Timeframe [WYCKOFF ARSENAL]WYCKOFF ARSENAL is now available on TradingView!
Based on <> (Richard D. Wyckoff)
Noted Indicators:
▪ Optimism Pessimism Index
▪ Force Index ◄
▪ Technometer
▪ Momentum
Main Features:
▪ Multi Timeframe is available
▪ Volume based indicators
▪ Can be used on pairs that have volume data
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Highlights
> Optimism Pessimism Index or OP
The value of the OP is not important.
The action of the OP is important.
The action of the index must be compared to its previous action or to the price index over the same period of time.
> Technometer or TEC
The purpose of the Technometer is to provide a mathematical indication of the degree to which the market is overbought or oversold.
The value of the Technometer could be as high as 100 or as low as 0.
The other possible values would represent degrees of overbought or oversold.
How to read the Technometer:
| Overbought means vulnerable to a reaction |
100 - completely overbought market.
── 60 - actual overbought extreme.
──── 50 or higher is considered to be clearly over bought.
────── lower than 50 - relatively overbought.
──────── Everything in between clearly overbought and clearly oversold is neutral.
────────── A reading of 44.4 is absolute neutrality.
──────── Everything in between clearly overbought and clearly oversold is neutral.
────── higher than 38 - relatively oversold.
──── 38 or lower is considered to be clearly over sold.
── 28 - actual oversold extreme.
0 - completely oversold market.
| Oversold means vulnerable to a rally |
> Force
The purpose of the Force Index is to provide an indication of the pressure being applied to push the market lower or the pull being applied to the market to pull it higher.
> Momentum
The purpose of the Momentum is to provide a measure of the speculative interest in the market.
TEDong Bonga RSI ADXHey!
RSI ADX best indikator!
The logic is pretty simple:
value > 20: Oversold, next price action will follow that bullish trend, BUY signal is generated
value > 70: Overbought, next price action will follow that bearish trend, SELL signal is generated
If you have sny doubt just comment!
Willams %R with 13 EMA and Divergence FinderWilly 13 EMA
Features:
- Divergence finder
- Extreme conditions highlight