Here it is Everyone - What was once hidden is now revealed This is the Ultimate RSI Divergence Indicator Not only does it plot Regular and Hidden Divergence lines for an RSI smoothed by an EMA and for its Signal Line The RSI can be set to change color with direction or can be set as single color with or with out OB / OS highlights Color Changing RSI helps when...
This indicator is for the Johannesburg Stock Exchange (JSE) and indicates the number of stocks in the Top 40 Index above its selected Smooth Moving Average (SMA). Typically the 200SMA is used to see the longer term health of the market and the 50SMA for a short term view. Currently the market has reached a point that less than 2% of stocks were above their 200SMA...
First of all I just did the compilation so this is not my idea, it is just a miscellany. This script has been compiled for authors who have just been introduced to scripts : for unloading and leaving room for other indicators especially:non-pro users needs space for indicators and users seeking best technical combination. This script says thousands of...
VWAP on PPO but not PPO. Two histograms, with the second one being SMAs of the first and signals color/trend change. 1.0 - Release Framework laid out Power level readings should be within 9000
Averaging MA 13 by 5 (this is not double MA), the perfect tool to measure momentum
Exponential moving averages in red of 4 and 16, exponential moving average of 40 in orange and simple moving average of 200 in yellow to confirm the triple crossing of 4, 16 and 40. Taken from Lions against gazelles by Jose Luis Carpatos.
Hello traders! I am reading "Investing with Volume Analysis: Identify, Follow, and Profit from Trends" by Buff Pelz Dormeier so I am going to implement all indicators that are considered there. VW-MACD was developed by Buff Pelz Dormeier in 2000 and is based on the difference between a short-term volume-weighted moving average and a long-term volume-weighted...
The Volatility Based Momentum (VBM) indicator is a variation on the rate-of-change (ROC) indicator. Instead of expressing momentum in a percentage gain or loss, VBM normalizes momentum using the historical volatility of the underlying security. The VBM indicator offers numerous benefits to traders who orient their trading around volatility. For these traders,...
This is a composite indicator made up of: - modifided (rescaled) version of evergets version of recursive median oscillator. - 1996anoojpatels Futur modification of Ehlers Fisher Transform Ribbons Indicator I think Ehlers attempts to minimise latency in indicators are extremely valuable and some of my most use trading tools. Thanks to all the authors whose...
Hello traders and developers! I compared different techniques to get momentum of the series. The 4 samples are: 1) Raw difference between price and price some bars ago 2) Built-in "change" function 3) Built-in "mom" function 4) Jedi's momentum - difference between current and previous SMA multiplied by it's period All results are identical. So, we have two...
Developed by Emily Karobein, the Karobein oscillator is an oscillator that aim to rescale smoothed values with more reactivity in a range of (0,1) Calculation The scaling method is similar to the one used in a kalman filter for the kalman gain. We first average the up/downs x, those calculations are similar to the ones used for calculating the average...
Hello traders! This indicator was originally developed by Daniel Fernandez (Currency Trader magazine, 2011). It is based on the two well-known indicators by Dr. Alexander Elder - Bulls Power and Bears Power. Signals 1) Long when Bull and Total lines indicate 100 (it happens rarely) 2) Short when Bear and Total lines indicate 100 (it happens rarely) 3) Bull...
Playground file for implementing MACD with threshold values while visualizing the persistence plot, which counts the amount of spent bars since the MACD delta crossed 0 value in either way.
Lets make the Volume in out as MACD with alerts (B =buy) S=sell have fun
Multi indicator Bollinger Band x RSI Wave Trend Cycles Free users will like it :) Fell free to like share comments... and check my other stuff :]