Quasi White Noise script. An experimental approach to implement a white noise using Pine Script. Uses Connors RSI under the hood. en.wikipedia.org
Pictured as a Momentum Indicator, it shines best on the H4 and the D1. A combination of VWMA, EMA's, BB, Stochastic RSI, the Kijun (Doubled Ichimoku Cloud), William's Fractals ('.') and too many Standard Deviations. Simple Strategy: Center Blue: Long Center Red: Short The center of the BB can help understand the market's momentum and its strength. ...
Pictured as a Momentum Indicator, it shines best on the H4 and the D1. A combination of VWMA, EMA's, BB, Stochastic RSI, the Kijun (Doubled Ichimoku Cloud), William's Fractals ('.') and too many Standard Deviations. Simple Strategy: Center Blue: Long Center Red: Short The center of the BB can help understand the market's momentum and its strength. ...
Identify Divergences on 6 oscillators simultaneously. From the bottom up. 0 to 1 (black): MACD 1 to 2 (green): Elders Force Index 2 to 3 (blue): RSI 3 to 4 (purple): Awesome Oscillator 4 to 5 (red): Commodity channel index 5 to 6 (orange): Stochastic You can change the identification of the divergence in the settings and use the Oscillator Divergences ...
Price Momentum Oscillator indicator script.
CHILLYWILLY ChillyWilly looks for the momentum trades. ChillyWilly combines the 4 different well known momentum indicators to bring the best signals. ChillyWilly works with any kind of market state, any kind of trading, and any kind of asset. ChillyWilly has more features than any other momentum indicator in the market: Combining shorter term momentum...
Elder's Force Index with Moving Average as Signal Line
The strategy is based on LazyBear's Elder Impulse System Strategy(in layman terms): Long: When the green bar in the Elder Impulse System's indicator shows up Short: When the red bar in the Elder Impulse System's indicator shows up Close trade/Profit booking: When the blue...
The idea is to see Elder's force index smoothed EMA in different time frame simultaneously. Default intervals are (2) and (13) Base on samuel16 script.
An experimental indicator based on the Stochastic + Connors RSI binding
This script is the same as Williams %R except that on green days we plot green and red on red days. If a bar opens and closes the same, we plot black.
modified version of "CM_RSI_2_Strat_Lower_Indicator". credit to CM for the hard work. updates: 1. now includes inputs for SMA values and RSI values 2. contains option to trigger Alerts. how to trigger alerts? -In First Drop Down Box Select Name of Indicator -In Drop Down to Right Select “RSI Alert....” -Then Select “Greater Than”. -Then Select “Value” -To the...
Created by request. Description: This study is an implementation of the Standard TRIX indicator (a momentum oscillator), shown in coloured histogram format by default, with optional Bar colouring of TRIX zero cross overs. Other options include showing TRIX as a line graph instead of histogram and an optional TRIX signal line with difference histogram (to...
This is a pretty straightforward script that adds alerts to Pekipek's excellent PPO Divergence indicator and changes the visuals a bit. You can have the alerts fire on these events: Purple Circle (bullish signal) Orange Circle (bearish signal) Green Dot (High Point) Red Dot (Low Point) I use this on daily Forex charts to get alerts when purple or orange dots...
LazyBear's wavetrend oscillator enhanced with wavetrend cross visualization on the indicator as well as with bar color highlights.
The DecisionPoint Price Momentum Oscillator (PMO) is an oscillator based on a Rate of Change calculation that is smoothed twice with custom exponential moving averages. Because the PMO is normalized, it can also be used as a relative strength tool. PMO can be used in many ways: - PMO can be used to determine the OB/OS state. While the +2.5 to -2.5 is the usual...
Bored of Ehlers yet? :) I still have plenty of Ehlers in my collection, was thinking of publishing one of his Fishers or Adaptive RVI next, but @ChartArt requested Smoothed Adaptive Momentum (SAM), so here we go... This is my 200th script (not including the variations and other custom scripts I shared over PM). My complete list of indicators here - bit.ly Now,...
This oscillator is derived from Absolute Strength Index, originally developed by Tudor Marcelin (Art Invest). I made it an oscillator mainly to make it easy to identify the divergences and price-flows. There is not much documentation available online for Absolute Strength Index afaik, lets hope Mr.Tudor comes across this and provides us a detailed writeup...