The normal MACD is formed by the difference of two moving averages. In contrast, the relative MACD is formed by the quotient of two moving averages.
In my opinion, it is only with the Relaticen MACD possible to compare values at different prices.
Der normale MACD wird durch die Differenz zweier gleitender Durchschnitte gebildet. Im Gegensatz dazu wird der...
The Relative Strength Volume Adjusted Exponential Moving Average was created by Vitali Apirine (Stocks and Commodities Feb 2022 pgs 14-18) and this is very similar of course to the last Relative Strength Exponential Moving Average . It works under the same concept with using overbought and oversold methods to adjust the moving average and with this particular...
The script was hidden due to the reference link. Republishing without any links.
If you would like to know more about the formula, just google it. The script is based on the first few results from google search.
How to use: adjust the input number and timeframe. It means how far you would like to look back. e.g. weekly timeframe and 12 as input number mean you...
The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions. RSI is normally displayed as an oscillator separately from price and can have a reading from 0 to 100. This indicator takes the RSI and plots the 30 & 70 levels onto the price chart so you can see when price...
Dear All,
This is my first public script modified to adapt the concept of Mr. Premal Parekh on Adaptive Relative Strength - ARS)
The original Script is developed by modhelius.
I have proved the version as per my requirement and included concept of ARS.
This script will remove the manual calculation task which is required on daily basis to calculate number of...
This script is improved over the existing script developed by Mr. modhelius
I have added ASR Concept of Mr. Premal Parekh.
This script will remove manual calculation of Trading Days from ASR Date.
This script plots the ratio between a ticker and the selected index. Currently, I have US equities indexes listed + BTC. It's a great way to check for relative strength, determine if absolute highs relative to the ratio are being made, etc.
Additionally, optional comparison of the RSI is included. I was just testing something out but figured I'd leave in here...
This is the best version of relative volume you can find a claim which is based on the logical soundness of its calculation.
I have amalgamated various volume analysis into one synergistic script. I wasn't going to opensource it. But, as one of the lucky few winners of TradingClue 2. I felt obligated to give something back to the community.
Relative volume...
The goal of this is to link two parameters of different known low and high values so one affects the other.
In this case, I want to link Relative Volume to the length of an EMA, so it responds faster in times of high volume.
As an animator I am used to linking values in this way with Maya using a set driven key, took some work to figure it out in pine.
Looking up...
This indicator takes the Performance Table from @BeeHolder and converts it to a Relative Performance table so you can compare the current chart vs. an Index (or whatever other ticker you want) to see the relative performance of one vs. the other. I also added a cell for ADR, which is also the same value as "Monthly Volatility" in the stock screener. This can be...
The Relative Vigor Index was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 58) and this is a momentum indicator that is similar to the Accumulation Distribution Oscillator created by Jim Waters and Larry Williams. He uses digital signal processing to smooth the indicator to provide clear buy and sell signals. The idea behind this indicator...
Contents
Overall Introduction
Settings menu parameters
Usage
How to use alerts
Limits
Overall Introduction
This indicator is a "volume analysis" tool for confirming the direction and strength of price trend and spotting trend reversals. This tool consists of two parts:
1- The colored graph is a custom volume oscillator which shows the relative...
This is a simple indicator that expands the usability of Standard deviation into a universally usable indicator.
This indicator displays the volatility as standard deviation as a % of asset value, this allows using more standardized and comparable values across multiple instruments and asset classes.
This is a custom indicator of mine loosely based on the work by James Garofallou (Stocks and Commodities Sep 2020 pg 14) and this is meant for medium to long term trend confirmations. The idea behind this indicator is to capture 3 different dimensions of trend strength. The first dimension captures the overall strength of the underlying stock vs the market (in...
This RSI script includes everything you could want on an RSI. There are multiple timeframes which will give context to market movement, as well as a highlight feature to make it easier to visualize overbought and oversold stocks.
Tip: Uncheck the 4 plots with no color in them to remove the extra headers on the indicator.
Relative Volume indicator that pulls data from 9 different Ethereum exchanges. Please note that this indicator only works with ETH and will not use data from your current chart.
Includes the following exchanges:
BYBIT:ETHUSD
BITFINEX:ETHUSD
BITSTAMP:ETHUSD
INDEX:ETHUSD
COINBASE:ETHUSD
FTX:ETHUSD
PHEMEX:ETHUSD
BITTREX:ETHUSD
POLONIEX:ETHUSDT
Relative Volume indicator that pulls data from 9 different Bitcoin exchanges. Please note that this indicator only works with BTC and will not use data from your current chart.
Includes the following exchanges:
BYBIT:BTCUSD
BITFINEX:BTCUSD
BITSTAMP:BTCUSD
INDEX:BTCUSD
COINBASE:BTCUSD
FTX:BTCUSD
PHEMEX:BTCUSD
BITTREX:BTCUSD
POLONIEX:BTCUSDT
Relative volatility highlights large changes in price. This was designed to be used with my relative volume indicator so that traders can see the effect of volume on price action. It is also a good tool to analyse breakout patterns to identify best entry points and waves.
Above shows relative volatility and relative volume working together.
![AAPL: Relative Strength Volume Adjusted Exponential Moving Avg [CC]](https://s3.tradingview.com/d/Dvwo6IPy_mid.png "Relative Strength Volume Adjusted Exponential Moving Avg [CC]")
![AAPL: Ehlers Relative Vigor Index [CC]](https://s3.tradingview.com/x/xkBxwve0_mid.png "Ehlers Relative Vigor Index [CC]")
![AAPL: Relative Strength 3D Indicator [CC]](https://s3.tradingview.com/f/fymjZirH_mid.png "Relative Strength 3D Indicator [CC]")
