This is the index oscillator of volume's strength (not the momentum), still, because of how it is being calculated, it will be a leading indicator. The best way of using the volume based oscillators is to have them side by side with volume candle.
English: a quick and simple tampering with the SKEW Index (also known as the "Black Swan Index") Personally, I find it quite difficult to use the SKEW Index as a reliable indicator. Nevertheless I implemented a ranking system (from 0 to 100) with the option to include a certain time period (default: 252 trading days (units)) and a moving average (default: 21...
Deribit Bitcoin index, with hl2 as mid price substitute, as it tracks price more accurately than close alone. Bitfinex excluded as Deribit has been doing so for a while now.
Canadian Dollar Currency Index updates in real time and doesn't close like tradingview.com's currency indexes. Based off of the Bank of Canada's CEER methodology and tracks it quite closely, although not perfectly. It seems to be higher than the Bank of Canada's index by 2 points. This could be due to using different data for the currencies and as I am not...
This indicator was originally developed by Curtis McKallip Jr. (Stocks & Commodities, V.10:7 (296-299): "The Damping Index"). It indentifies bars where the highs and lows are getting close and closer. A high Damping Index value means that the difference between the high price and low price is becoming lower and the security price is reaching equilibrium. A low...
An index of LTC, ETH, and BCH sans SV equally weighted by market cap. The index is weighed to 10,000 on the 1st of September, 2018. The formula used should be the same as the one found in BGCI, with the result being the product of all individual market caps to the power of their own cap that is divided by the sum of all caps. If you enjoy my scripts and would...
Displays two of Fundstrat's Indexes as taken from TradingView. Options to configure include displaying the first, second or both chosen indexes as well as a ratio of the two. When comparing indexes, they're a bit "off", as data is not backfilled in consideration for initial index weighting. Feature not a bug?
Hello traders! This indicator was originally developed by Paul L. Dysart in the 1930s and then described and popularized by Norman G. Fosback in his book "Stock Market Logic: A Sophisticated Approach to Profits on Wall Street" Like and follow for more cool indicators! Happy Trading!
Finally made this work as desired, time to publish another super useful script in the tool set for my methodology. This indicator easily shows when the market is moving as a CHOPPY market so that traders either don't take position or be very cautious with their positions.
One of the last tools I forgot to publish till today. This is a Volatility Index Oscillator that uses a custom and original formula. This tool will be used hand in hand with's momentum one to easily identify the trend reversal points before it actually happens !
This another one of the tools I missed publishing till today, this is a momentum indicator of volatility index (original formula), it will work hand in hand with volatility index oscillator (will publish right after this one) to easily identify divergences just before the market's direction change !
🥢Crypto-Sticks™: Absolute Strength Index Oscillator (Tudor Marcelin) A new series of indicators brought to you by Cryptorhythms...giving you an alternate look at your trusted favorites! Follow me, there are still 2 dozen Crypto-Sticks indicators planned - all will be released in public library. 🚀Indicator Specific Info New Crypto-Sticks option is an EMA of...
just like the dollar index and any fiat currency index , this is Bitcoin index , But this is still Beta Version and just Demo
This indicator was originally developed by Donald Dorsey (Stocks & Commodities, V.10:6 (June, 1992): "The Mass Index"). Specially for @AlexMayorov : If indicator reaches 27 and then falls to below 26.5 then it could be a signal of potential trend reversal.
Ultimate Strength Index ( USI ) adds stochastic, multi time frame, signal line, histogram, and bar coloring options to RSI and Absolute Strength Index ( ASI ) . It can also turn into an indicator similar to Awesome Oscillator/MACD line. This indicator can be used for analyzing momentum and trendiness/choppiness, as well as identifying swings (stoch). The fix...
Phase Change Index script. This indicator was developed and described by M. H. Pee (Stocks & Commodities V.22:5 (28-37): Phase Change Index). Other indicators of M. H. Pee:
Early version of a script to compare one currency against multiple to get an index. Default values loaded basically make something along the lines of, "USD global exchange rate" I plan on making this less clunky/messy in future with respect to the coding and the user inputs. Works 100% right now though.
.BXBT script as seen on the BitMEX built-in chart. This is not created by, authorized by or in any type of affiliation with BitMEX whatsoever. This is not financial advice. Use at your own risk. Tips are appreciated if you find this useful: BTC: 15BtFGxY8Q4jybcnpVAc3r8yJDyRrPre1n LTC: LhR5LW8qQ5byZvYkUeRR4njBDTxtCZynuk Thanks