Here we have an intramarket correlator taken as an excerpt from the L-O-L-A institutional trading system. The plot displayed on the screen is the correlation index of the correlated security plotted against the security data series. Suggest simple line plots of contrasting colors. When the plot is below the security price this is an indication of a strong...
Some weeks ago, I had a patient in my practice who suffered from internal stability disorders. Certainly not a case of disordered thinking or schizophrenic behaviour, because his general sense of direction wasn’t the problem. He just couldn’t find the right overall balance, an ailment he struggled with for years. Straight away I could diagnose that surgery...
Use Compare alt coins to the "altcoin index", an average of a selection of alt coins. Above zero means the coin you are viewing is worth more than the index, indicating the possibility of overbought. Below zero indicating the opposite, a possibility of oversold. Press the cog icon to select which alt coins you want included in the index. Notes The coins in the...
Purpose This displays the "altcoin index" as a plot on your chart. Suggested use is coupled with the "altcoin index oscillator". Use Add it as an indicator while looking at the chart you would like to assess. Click the settings button (cog) to select which coins you would like included in the index. You can couple this tool with the "altcoin index oscillator"...
Purpose This will give indication as to whether a specific altcoin is overbought or oversold, as determined by it's difference from the "altcoin index". if the current security is above the index, the oscillator will show above zero. if the current security is below the index, the oscillator will show below zero. Use Add it as an indicator while looking at...
Indicator calculates total volume across multiple bitcoin exchanges. The influence of each exchange can be adjusted seperately. 0 fee exchanges default to 50% 0 fee futures default to 10% Define custom lookback periods for price breakout detection. Look for low-volume price reversals in those candles immediately following high volume peaks. The lower the volume ...
EXPERIMENTAL: Majors equally weighted Dollar index.
I am calling it a SNAP BACK indicator. Utilizing the TVI (Transactional Value Index - Link below for indicator / setups) You can pretty much guess when any instrument could slow down, last stand in a pullback and the last few candles before losing its strong trend. It varies per person, a short term trader can use this, Long term traders can hedge with...
Here is the Version 2 of the TVI indicator posted earlier. This is inspired from the Value Charts Indicator. Version 1
-- Fixed --- Source: pastebin.com Fixes an issue with "Combined" mode, using wrong symbols. --- Original --- The High-Low Index is a breadth indicator based on Record High Percent, which is based on new 52-week highs and new 52-week lows. Readings below 50 indicate that there were more new lows than new highs. Readings above 50 indicate that there were more...
RSI Donchian Channels Built by Ricardo and JR Here is a great indicator to use for strong trends. Donchian Channels react immediately to changes in the highest high and lowest low. For strong trends you want to trade when RSI is set along the upper or lower DC-RSI envelope. When the RSI releases from the DC-RSI envelope, you can take the trade off.
McClellan Summation Index is a breadth indicator derived from McClellan Oscillator (). The Summation Index is simply a running total of the McClellan Oscillator values. Even though it is called a Summation Index, the indicator is really an oscillator that fluctuates above/below zero. As such, signals can be derived from bullish/bearish divergences, directional...
request for jangseohee: added option for different exchanges, added option to remove data before X point and after Y point in time using candle numbers.
This will show you the RSI of the higher timeframes (up to 1D). Current Timeframe is colored red, higher timeframes are colored from light gray to darker gray (you can change that). There are several ways to enter a trade: 1. look for rising RSI on higher timeframe (line is stepping up in indicator window), wait for current RSI to decline to oversold (with...
Version 1 - Updates include Better Optimization on the levels. Plotting only the important Highs and Lows The extremes can be an important pivot levels. Over and Undervalue - Gray (Column - close) (Histogram - High/Low) Extreme conditions - Red Extreme Alerts and Overlay will be added later.
The Stochastic Momentum Index (SMI) was introduced by William Blau in 1993 as a way to clarify the traditional stochastic oscillator. SMI helps you see where the current close has taken place relative to the midpoint of the recent high to low range is based on price change in relation to the range of the price. This is a range based indicator, when used right. It...
This is an indicator, That works great in a wip-saw market range. Would not use this to trade in a breakout. I am calling it the "Transaction Value Index (UCS_TVI)", The reason is because, it measure where the price currently from the mean trade value. The cross represents the highest trade value on that day, circle represents the lowest trade value. In other...
Disparity Index The related article is copyrighted materialfrom Stocks & Commodities Dec 2009