This indicator will show you a red circle above candles when Stoch RSI K value is greater than your "overbought" value, and a green circle above candles when Stoch RSI K value is below your "oversold" value. Updatable oversold and overbought values.
In the middle of a bustling cryptocurrency market, with Bitcoin navigating a critical phase and the community hype over potential ETF approvals, current funding rates, and market leverage, the timing is optimal to harness the capabilities of sophisticated trading tools. Meet the Open Interest Oscillator – special indicator tailored for the volatile arena of...
This indicator is called the "Relative Strength Trend Indicator" (RSTI), designed to assess the relative strength of a trend. Here is a detailed explanation of how it works and how traders can interpret it: Indicator Operation: 1. Data Source (src): The indicator considers a data source, typically the closing price (close), but this can be adjusted according...
In summary, this allows you to plot the ROC, its EMA, and dynamically display the value of this EMA on the chart. You can configure different lengths and colors. Unpretentious code, just for the pleasure of sharing. Thank you for sharing your comments with me, which will be welcome.
"Ultimate Momentum" – Elevating Your Momentum Analysis Experience a refined approach to momentum analysis with "Ultimate Momentum," a sophisticated indicator seamlessly combining the strengths of RSI and CCI. This tool offers a nuanced understanding of market dynamics with the following features: 1. Harmonious Fusion: Witness the dynamic interplay between RSI...
TL;DR - A different approach calculating strength based on Donchain channels My approach calculating strength by using the difference between price and donchain average. It is possible to use the highest/lowest value of a given source (like close) or to use the highest high/lowest low (by using the option 'include wicks') for the strength calculation I added...
Fans of the Ichimoku cloud indicator may enjoy this lower study version. It's all the exact same representation but the cloud is converted to an oscillation in histogram or classic cloud fill formats. All of the original lines, except Kumo cloud lines, are provided but adjusted to be positionally accurate to the oscillation values. The oscillation value is...
Simple Neural Network Transformed RSI Introduction The Simple Neural Network Transformed RSI (ɴɴᴛ ʀsɪ) stands out as a formidable tool for traders who specialize in lower timeframe trading. It is an innovative enhancement of the traditional RSI readings with simple neural network smoothing techniques. This unique blend results in fairly accurate signals,...
Meme Coin Gains. Investor preference for meme coin trading may signal irrational exuberance in the crypto market. If a large spike in meme coin gains is observed, a top may be near. Therefore, the gains of the most popular meme coins (DOGE, SHIB, SATS, ORDI, BONK, PEPE, and FLOKI) were averaged together in this indicator to help indicate potential mania phases,...
Bitcoin Dominance Change. Interesting things tend to happen when the Bitcoin dominance increases or decreases rapidly. Perhaps because there is overexuberance in the market in either BTC or the alts. In back testing, I found a rapid 13-day change in dominance indicates interesting switches in the BTC trends. Prior to 2019, the indicator doesn't work as well to...
Explanation: This script is a comprehensive indicator that combines three essential technical analysis tools: Money Flow Index (MFI), Relative Strength Index (RSI), and Bollinger Bands (Bollinger %B). It provides insights into market conditions related to cross points of mfi,rsi and B%B. A buy condition is created when the last candle RSI and MFI are under the...
Title: Advanced Volatility Oscillator with Signals (AVO-S) In-Depth Description: Introduction: The Advanced Volatility Oscillator with Signals (AVO-S) is designed to offer traders a nuanced understanding of market volatility, combining traditional concepts with innovative visual aids and signal interpretation. This indicator is tailored for diverse financial...
I enjoy Donchian Channels for identifying trends. However, I hate having them on my chart. They are next to impossible to interpret at a glance. This script converts DCs to a % making a useful oscillator. The horizontal lines on the chart correspond to the Fib retracements below 50%. There are many ways to trade using this script and it works on any time...
Same as previous one, just making the code publicly available. You set an upper and lower threshold and when both are met a direction is determined. I use this primarily as a confirmation indicator of a trend. The addition to the normal Aroon is simply the threshold settings and the visuals. There is even an option to see the length you are using which I find...
Description: Introducing the Amazing Oscillator indicator by Algoalpha, a versatile tool designed to help traders identify potential trend shifts and market turning points. This indicator combines the power of the Awesome Oscillator (AO) and the Relative Strength Index (RSI) to create a new indicator that provides valuable insights into market momentum and...
The Composite RSI (CRSI) is a momentum oscillator that combines 5 adjustable RSI's. It also has a Z-Score to make it easier to identify potential market extremes. How to adjust the indicator Inside the Length & Impact Configuration tab you can adjust the length and impact of each RSI as well as the Z-Score length specific to your needs. The default...
It's that time of the year... and what would be more appropriate than displaying Christmas-themed elements on your chart? The Christmas Toolkit displays a tree containing elements affected by various technical indicators. If you're lucky, you just might also find a precious reindeer trotting toward the tree, how fancy! 🔶 USAGE Each of the 7 X-mas balls is...
Hello! Today, I want to discuss a special indicator that I've developed. centers around a weighted moving average based on RSI/MFI. 1. Development Purpose The primary goal of this indicator is to provide clearer insights into bullish and bearish signals in the market. It applies a weight to the RSI (Relative Strength Index) and MFI (Money Flow Index) values to...