Giga Kaleidoscope Parabolic Weighted Velocity is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No...
This risk indicator uses the extension of the closing price to the 20W SMA and displays a color-coded risk oscillator. The higher the oscillator is, the greater the short-term risk and vice-versa. This indicator has historically worked well for estimating the short-term risk of Bitcoin and Ethereum on a weekly timeframe.
What is the expansion index? The expansion index is a concept that charts the relative strength or weakness based on the comparison of recent price changes and overall prices changes for the period. It can be used as an momentum oscillator and show overbought or oversold price conditions by measuring the relation between the sum of "strong" price changes (which...
Strategy is based on "Divergence for Many Indicators v4 ST" strategy by CannyTolany01 which is based on "Divergence for Many Indicator" indicator by LonesomeTheBlue This strategy is searching for divergences on 18 indicators which you can select and optimise one by one. Additionally you can connect any other External Indicator value. (just add this indicator the...
IMPORTANT: This script needs as much historic data as possible. Please run it on INDEX:BTCUSD , BNC:BLX or another chart of sufficient length. MVRV The MVRV (Market Value to Realised Value Ratio) simply divides bitcoins market cap by bitcoins realized market cap. This was previously impossible on Tradingview but has now been made possible thanks to...
👉 Here is a script of 20 trading pairs scanner with RSI trendline. -On each chart of the trading pair, there is only 1 trendline pair that comes closest to the RSI: 1 uptrendline and 1 downtrend line. -So when the statistics on the table also show the column of the uptrend and the column of the downtrend -When the RSI approaches any trendline and the ratio is...
PA-Adaptive T3 Loxxer is a Loxxer indicator that is Phase Accumulation Cycle adaptive and uses T3 moving average for smoothing instead of the typical SMA or EMA . this allows for smoother signals by reducing noise. What is Loxxer? The Loxxer indicator is a technical analysis tool that compares the most recent maximum and minimum prices to the previous period's...
The Return Abnormality Score indicator is designed to help traders identify potential reversals in price by detecting abnormal daily returns beyond a certain significance level. The indicator uses a normal cumulative distribution function to calculate the probability of the daily return and flags it when it exceeds the specified significance level. Traders can...
The Detrending Filter was created by John Ehlers and this is a complementary indicator to one of my previous scripts: This indicator builds upon his previous work by attempting to detrend the underlying source data that is used to calculate the final result. He was able to create a leading indicator by removing the trend data and by using his previous...
█ Overview Bellcurves (Expo) indicator helps traders identify potential tops and bottoms, and gauge market impulses. It provides a clear view of the market by filtering out the noise and highlighting only the relevant information. This makes it easier for traders to identify potential market reversals and key support and resistance levels. With Bellcurves,...
Giga Kaleidoscope Twiggs Money Flow is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System". █ Giga Kaleidoscope Modularized Trading System What is Loxx's "Giga Kaleidoscope Modularized Trading System"? The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense...
Implied Correlation Divergence Oscillator (ICDO) ICDO uses an SMA calculation as a low-pass filter to determine divergences from trend. This can be useful for multiple strategies, including detecting overbought or oversold trends, and finding dispersion opportunities, including zero delta straddle plays using options for indices and single assets within the S&P...
what is Faytterro oscillator? An oscillator that perfectly identifies overbought and oversold zones. what it does? this places the price between 0 and 100 perfectly but with a little delay. To eliminate this delay, it predicts the price to come, and the indicator becomes clearer as the probability of its prediction increases. how it does it? This indicator is...
Level 2 Background The Aroon indicator developed by Tushar Chanand indicates whether there is a trend price or is located in a trading area. Function Classical Aroon can also show the beginning of a new trend, its strength and expectation of changes from trade areas to trends. This is a traditional aroon indicator with length == 13, which exhibit good...
OVERVIEW The Consumption Oscillator combines Core Consumer Price Index (USCCPI) and Personal Consumption Expenditure (USPCEPI). It can be a useful tool for understanding inflationary and deflationary pressure in the economy. CONCEPTS Defining some thresholds may aid in interpreting the oscillator but interpretation needs context. Also, the thresholds may need...
The Reflex Indicator was created by John Ehlers (Stocks and Commodities Feb 2020) and this is a zero lag indicator that works similar to an overbought/oversold indicator but with the current stock cycle data. I find that this indicator works well as a leading indicator as well as a divergence indicator. Generally speaking, this indicator indicates a medium to long...
This is an indicator for traders of trendline analysis with RSI (the formula for calculating RSI I don't mention here anymore because every trader knows it) - The Pine Script strategy plots pivot points and trendlines on the RSI chart. This strategy allows the user to specify the interval for calculating the pivot points and the number of pivot points used...
Volume Directional Oscillator is an indicator that combines several types of metrics for a convenient understanding of price movements. The indicator displays a histogram of red, dark red, green, dark green and yellow columns, as well as a red-green line. Red columns indicate an increase in selling volumes as the price moves. Dark red indicates a decline...