This indicator consist of tow RSI length that user can customize it. like length, overbought, oversold. like length, overbought, oversold. also it has one moving average where the user can select from different types of moving averages, price sources, lookback periods and resolutions
Multi Time Frame Stochastic Fast, medium, slow and Too slow stochastic of current time frame and higher time frame for creating view for buying or selling How to use 1. For Divergence - price making higher high but stochastic making lower high or vice versa 2. choosing strategy - whether buy the dips or sell on rise 3. deciding whether downtrend or...
Custom Stochastic Oscillator with range plot. Can be used to better identify overbought/oversold conditions within a single bar. In addition to the default Stochastic: %K line smoothing algorithm selection; %D line smoothing algorithm selection; %K line high/low plotting; %K line high/low calculation factor (in bars, default 1).
On-balance volume (OBV) is a technical trading momentum indicator that uses volume flow to predict changes in stock price. Joseph Granville first developed the OBV metric in the 1963 book Granville's New Key to Stock Market Profits. This indicator is based on the OBV indicator and adds 2 times the standard deviation Bollinger Band to evaluate the overbought and...
What is the script used for? Infiten's Price Percentage Oscillator (PPOC Indicator) can be used as a contrarian indicator for volatile stocks and futures to indicate reversals, areas of support and resistance. For longer term trading, if the Short SMA or prices go above the High PPO Threshold line, it is a sign that the asset is overbought, whereas prices or the...
From TradingView's description: Williams %R (%R) is a momentum-based oscillator used in technical analysis, primarily to identify overbought and oversold conditions. The %R is based on a comparison between the current close and the highest high for a user defined look back period. %R Oscillates between 0 and -100 (note the negative values) with readings closer to...
Hello Traders, This indicator use the same concept as my previous indicator "CCI MTF Ob+Os". It is a simple "Relative Strength Index" ( RSI ) indicator with multi-timeframe (MTF) overbought and oversold level. It can detect overbought and oversold level up to 5 timeframes, which help traders spot potential reversal point more easily. There are options to...
Hello Traders, This is a simple Commodity Channel Index (CCI) indicator with multi-timeframe (MTF) overbought and oversold level. It can detect overbought and oversold level up to 5 timeframes, which help traders spot potential reversal point more easily. There are options to select 1-5 timeframes to detect overbought and oversold. Green Background is...
This indicator displays a table containing the Oscillator Predictor Overbought (OB) and Oversold Levels (OS) from Higher Timeframes: a green background denotes a market above OB in that particular timeframe, and a red one denotes an OS market. It allows displaying current and future Predictor values. Only Higher Timeframes states do appear in the table. Lower...
This Indicator is based on Mr. Dan Valcu ideas. The author of this article is Veronica Valcu. The z-score (z) for a data item x measures the distance (in standard deviations StdDev) and direction of the item from its mean (U): z = (x-StdDev) / U A value of zero indicates that the data item x is equal to the mean U, while positive or negative values show...
This Stochastic scanner can be use to identify overbought and oversold of 10 symbols over multiple timeframes it will give you a quick overview which pair is more overbough or more oversold and also signals tops and bottoms in the AVG row light red/green cell = weak bearish (Stoch = 30-20) / bullish (Stoch = 70-80) medium red/green cell = bearish (Stoch =...
I believe that everyone should monitor the basic indicators; EMA/SMA cross, BB and RSI on at least TWO timeframes before making any trading decisions. And because that is only possible on paid subscriptions, I created this indicator for people just getting started. It allows you to plot all of the mentioned AND 2 weeklies of your choice on 1 chart INCLUDING a...
The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions. The RSI is normally displayed as an oscillator separately from price and can have a reading from 0 to 100. This indicator displays the current RSI levels at up to 6 timeframes (of your choosing) in a grid. If...
The Parabolic RSI is a fusion between two of Welles Wilder Jr.'s indicators: * The parabolic stop-and-reverse: A trend following overlay indicator. * The relative strength index: A contrarian indicator bounded between 0 and 100. The parabolic RSI applies the RSI formula on the parabolic stop-and-reverse which in turn is applied on the market price. The main aim...
The BORCv5 (Breakout Reversal Confirmation) script can improve your trading by visualizing the standard deviation lines & bollinger bands on your chart, along with breakout reversal early warning and confirmation signals which can be interpreted as buy/sell signals. - BORCv5 utilizes multi-period Bollinger Bands & custom signals to paint a clear picture of price...
█ OVERVIEW The 'Bitcoin Power Law Bands' indicator is a set of three US dollar price trendlines and two price bands for bitcoin , indicating overall long-term trend, support and resistance levels as well as oversold and overbought conditions. The magnitude and growth of the middle (Center) line is determined by double logarithmic (log-log) regression on the...
About this indicator: - This indicator is basically a stochastic indicator that shows to you the crossover in an Overbought or Oversold area DIRECTLY on the chart How does it works: - When Stochastic crosses at Oversold area, a Blue Triangle will appear below the candle with a Blue Dotted Line at the low of the current candle - The Blue Triangle is to help you to...
The Projection Oscillator was created by Mel Widner (Stocks and Commodities Jul 1995) and this is another hidden gem that is of course a great complementary indicator to my previous Projection Bands . I would recommend to use both on the same chart so you get the full array of information. This indicator tells you where the current price falls between the bands...