Update: added Fisher Transform to the list of oscillators.
EXPERIMENTAL: Bull and Bear power based on linear regression (this is a non lagging oscillator, the parameter are for the lookup window for the donchian extremes) this indicator can also be used for convergence/divergence. (accidentjev2) added multi timeframe support (indicator may repaint values)
Oscillator for various uses, divergence versus price action and "0" crossing of trend/move change among others. Use with caution
EXPERIMENTAL: Bull and Bear power based on linear regression (this is a non lagging oscillator, the parameter are for the lookup window for the donchian extremes) this indicator can also be used for convergence/divergence.
Price Overlay for Multiple Method Choice Divergence Detection:
As described here: update: added divergence detection.
Thank You Richard Santos!!! This is a great indicator guys.Its good for measuring divergence in an objective way. The idea is to measure the high to high and the low to low (stock vs. indicator) with the low to high and high to low (stock vs. indicator). This is the basis of divergence. I love this one. I would also add you can draw angles on the indicator...
EXPERIMENTAL: Accumulation and Distribution Divergence detection.
EXPERIMENTAL: MACD Divergence detection. looks like macd is more prone for missing the extremes in price then the rsi due to lag.
BUY & SELL PRICE TO VOLUME PRESSURE By Ricardo M Arjona @XeL_Arjona DISCLAIMER: The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets. The embedded code and ideas within this...
BUY & SELL PRICE TO VOLUME PRESSURE By Ricardo M Arjona @XeL_Arjona DISCLAIMER: The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets. The embedded code and ideas within this...
BUY & SELL PRICE TO VOLUME PRESSURE By Ricardo M Arjona @XeL_Arjona DISCLAIMER: The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets. The embedded code and ideas within this...
EXPERIMENTAL: Momentum oscilator based on offset, can also be used for divergence/convergence
Update: added midline, changed some OB/OS lines color.