█ OVERVIEW MATHR3E Range Conquest Index (RCI) is an arithmetic oscillator for trend analysis. █ CONCEPTS Disclaimer MATHR3E RCI indicator is intended for advanced traders and may fit your profile, whether you are a day trader or a long-term investor. It was originally developed by a renowned market analyst and documented in numerous books. Among them is the...
Flying Dragon Trend Indicator can be used to indicate the trend on all timeframes by finetuning the input settings. The Flying Dragon Trend family includes both the strategy and the indicator, where the strategy supports of selecting the optimal set of inputs for the indicator in each scenario. Highly recommended to get familiar with the strategy first to get the...
Flying Dragon Trend Strategy can be used to indicate the trend on all timeframes by finetuning the input settings. The Flying Dragon Trend family includes both the strategy and the indicator, where the strategy supports of selecting the optimal set of inputs for the indicator in each scenario. Highly recommended to get familiar with the strategy first to get the...
The Multi SMI Ergodic Oscillator (Multi SMIEO) indicator can be used to identify potential buy and sell signals based on the relationship between the TSI and EMA lines. The script is creating an indicator that plots multiple (3) sets of Time Series Indicator (TSI-Indicator) and Exponential Moving Average (EMA-Signal) lines as a single indicator. The TSI is a...
█ Overview The Probability Oscillator uses a Bayesian approach to measure the probability of a price movement and trend continuation. This approach considers the prior probability of a price movement and the current market conditions to identify trends, sentiment, momentum, and retracements. █ How does the indicator work? The Probability Oscillator is...
🎲 Overview 🎯 This BOS(Break Of Structure) indicator build based on different MA such as EMA/RMA/HMA, it's usually earlier than pivothigh() method when trend beginning, customer your BOS with 2 parameters now. 🎲 Indicator design logic 🎯 The logic is simple and code looks complex, I‘ll explain core logic but not code details. 1. use close-in EMA's...
Idea: This script combines: Moving Average (MA), Directional Movement (DMI), MACD When condition of long or short position from all mentioned indicator are met script opens position. Once trend changes, it closes the position. Then add some filter conditions to avoid noise. Concept: (Note that we take the close to get the closing price) -Using only cross up...
Hello Traders - I'm releasing this as a friend was talking about how he used to use it as an exit indicator. The Aroon Oscillator isn't the most accurate for entries, but we find its strength in its exits. The Aroon Oscillator was developed by legendary technical analyst, T. Chande , in 1995 as part of his "Aroon Indicator system." Chande's intention was for...
Description: This indicator calculates the difference between price high's and low's, and fractions it by the close price. If it calculates the difference between a high and low or low and high is defined by whether the current close is higher than the previous close. It is then also rescaled to ensure the value is always appropriate compared to the last set...
What is it? This indicator will plot the RSI of BTC with a red or green background based on the top and bottom values which you can set. How to use it? For example, you want to trade only if the RSI of BTC is between 50 and 70, so the top value is 70 and bottom is 50. If the RSI value between those values the background will be green, else it will be red. ...
Cuban's Reversion Bands V2 Cubans Reversion Bands, are a great indication of price overextension by using specified standard deviations, extended from a moving average basis line, the Volume Weighted Average Trend. Reversion Bands V2 builds off the original foundation in a big way but utilizes completely new band logic and a more stable basis line, the...
Hello, folks. Sorry for not posting anything for a long time, just busy with my university studies for the moment. Quick script for today — Smooth Step. You can search for it in Wikipedia, but saying shortly and informatively, this is just an advanced type of oscillator, used as momentum indicator. In the codes across the Internet everybody uses the 3rd order...
This indicator summarizes many of famous trader Mark Minervini's investment criteria into one (hopefully) easy to read indicator. It is comprised of two general sections: technical and fundamental. Within the technical section there are 4/5 groups: (1) Price location (above SMA 50/150/200). Optional: EMA 21 (2) SMAs sequence (SMA 50 above SMA 150 above SMA...
Asteroid Belt Screener Observe the market in relation to the dynamic trend strength Asteroids Belt indicator, reference for trend trading opportunities. SCAN MULTI ASSETS WITH ALL 3 RESPONSIVE TIMES ALL AT ONCE The New Compliment Indicator to the much loved Asteroids Belt, providing a unique way to scan the market, never miss an opportunity with multi Asset...
The Pine Script strategy that plots pivot points and trend lines on a chart. The strategy allows the user to specify the period for calculating pivot points and the number of pivot points to be used for generating trend lines. The user can also specify different colors for the up and down trend lines. The script starts by defining the input parameters for the...
I created this indicator to tell me when it's time to trade (going long) and when it's time to wait (or going short). You can enter up to 13 ticker (default is S&P500 and key market segments). For each ticker, fibonacci levels are calculated and represented either in 5 color or 3 color mode as single lines. (Thanks to eykpunter for the fibonacci level...
Cosmic Channel Lite ( CC Lite) draws dynamic non-repainting trendlines and helps ⭐ know when a breakout is about to begin ⭐ predict the position and timing of the next swing reversal ⭐ predict sudden changes in volatility ⭐ recognize whether the price is in bearish or bullish territory 👀 HOW IT WORKS Cosmic Channel Lite draws a dynamic channel consisting...
Open Drive is a market profile concept introduced by Jim Dalton. It occurs when the price moves directionally and persistently for the first 30 minutes from the cash market open. It is necessary to use 30-minute bars as there needs to be enough time to measure an extreme move of the cash open. This means there will be fewer trades than other strategies using...