Change of Moving Averages charts the change of the major moving averages rather than the moving averages themselves. This is done in a separate panel, rather than being overlaid in order to more easily interpret momentum. Change of Moving Averages has dual colored lines, in order to better see when the MA has crossed zero(dotted line). It can be used for an SMA ,...
Detail about this indicator This is screener to identify outperforming Stocks/Ticker based on the indicator "TEWY - Magic Strength Indicator (SI)" I deployed earlier. So please checkout that indicator description to understand more about this screener logic. Below are the parameters that you may need to use to get outperforming indices/tickers. 1. Screener Set...
Detail about this indicator 1. This indicator is used to identify the trend based on the momentum of the counter selected. 2. This indicator is calculated three different metrics for selected script and it's Parent/Main Index as NSE:NIFTY (default) and Sector Index. Keep in mind below point a) Parent/Main index is set to default NSE:NIFTY, though there is...
üst alt 80-20 ayarlanmış momentum Usage: Add your favorite oscillator, RSI , Klinger , TSI, CMF , or anything else to a chart. Click the little ... (More) on the oscillator. Then add this indicator "Divergence Indicator (any oscillator)" on your oscillator of choice. Click the settings on this indicator and make sure the source is set to the right plot from your...
what will happen for the RSI if the price will increases or decreases by X percent ? This indicator takes your hands. For instance: You set Leader1 = 1 and Leader2 = -1 (by default), So this indicator shows you that if the price will increase 1% (Leader1) or decrease 1% (Leader2) How much the RSI will be? So you have 3 horns, One of them main RSI that shows...
Andrew Cardwell RSI helps to identify the range shift, which states whether the market is in bullish or bearish phase. When RSI oscillates in the range of 40 to 80 we can said that we are in a uptrend (blue background color on RSI), however when RSI oscillates in the range of 20 to 60 we are in a downtrend (red background color on RSI). Finally if the RSI...
This indicator has unique conditions in the script that create the following: 1. Buy and Sell zones 2. Early Buy, Buy and Sell signals that are determined by conditions including relative position to the zero line. 3. Defines 6 different short term trends 4. Trend Labels to show the current short term trend (located in the lower right corner). 5. Buy, Sell, Buy...
A Custom Unique indicator by NRTH_ Comes included with the Premium Package. NRTH_ Smart Signals is made up of over 5+ indicators and custom calculation methods. Get access to a full set of trading tools & relevant data all within one indicator to give you the levels of confluence you need. Smart Signals works in any market & allows users to: Detect the...
Hi All !! I came across relative strength concept from below indicator. Indicator Name: (Relative-Strength by modhelius) Note: Sorry !! Could not add indicator url here. Formula: RelativeStrength = (sectorValue / sectorValue ) / (indexValue / indexValue ) - 1 * 100 I used same concept and combine all sector's relative strength against Nifty50 index. How...
This case study is based on a previous RSI study, but with three different counts to compare different trends. The use of this indicator is restricted to private use, and it can be used only by invitation. Different functionalities have been added to the original code, such as alerts and signals that seek to make trading much easier to interpret by any type of...
This script is based on the existing Momentum Indicator which shows whether the underlying percentage change in closing price is positive or negative. This script however uses columns to plot the change and shows this as green for >0 change, and red for <0.
This indicator applies the RSI formula over the TRIX indicator to get the TRIX RSI. The EMA and the TRIX RSA cross gives you an indication for a trend change
The DSI is a volume weighted momentum indicator similar but superior to the traditional RSI. The DSI algorithm takes values for RSI, MFI, OBV and stochastics, then gives them each a different weighting depending on their historic reliability in different market conditions, and then averages out the values. This results in a very reliable, noise-free momentum...
A NRTH_ Technical Indicator Study Comes included with the Essentials or Premium Package. Indicator features MTF Capability Custom Candle Colors Identify Trend Direction and Strength Usage Tips Works on all timeframes and markets, recommended use with bar colors on. Backgrounds = Confirmed Trend Oscillator Colors; Bright Green/Red = Strong...
A Custom Unique indicator by NRTH_ Comes included with the Premium Package. Indicator features Built-In Alerts Visual Risk Management Customizable Entry Rules Usage Tips Smart Entry is currently a BETA algo. we are still in the process of tweaking and programming it only give entry signals when they are confirmed, and work of very strict...
A NRTH_ Premium Momentum Based Strategy Comes included with the Premium Package. Indicator features Built-In Alerts Visual Risk Management Customizable Entry Rules Usage Tips This strategy works on timeframes as low as 5m, great for scalping or day trading. The algo identifies price momentum with strict entry signal settings (can be made more or...
This indicator shows the delayed velocity and it's moving average (delayed further) of the price pattern
This is a momentum indicator strategy that plots 2 lines on the momentum indicator and if both cross above zero a long entry is generated and if both cross below zero a long exit is generated. It also has code to check and make sure the condition is still true when launching the official alert, which helps back testing and live results line up, however be sure to...