Wave Period Oscillator developed by Akram El Sherbini Published in article Time Cycle Oscillators in IFTA Journal 2018 (page 66 - 77) read his article : ifta.org Entry Long - WPO cross above centerline (Zero Line) Exit Long - WPO cross below overbought level or cross below centerline(Zero Line) Entry Short - WPO cross below centerline (Zero Line) Exit...
Modified to code from @modhelius and added colors and histogram for easy reading...thanks to him... What is Relative Strength? Relative strength is a ratio of a stock price performance to a market average (index) performance. It is used in technical analysis. It is not to be confused with relative strength index. To calculate the relative strength of a...
The idea behind this indicator is to have an expression for the amount of divergence on a given chart at every point in time . To achieve this, it adds up the magnitudes any valid divergence of any kind; bullish, bearish or their hidden variants. Where a valid divergence consists of a line on the source series (almost always the closing price), and a line on...
A hybrid of linear regression and MACD crossing up or down of macd and signal shown by + either blue=up , down=orange macd >0 bullish =green macd<0 bearish =red setting can be change to optimise it
My attempt to replicate the functionality of the 'LT Gamma' based on information available in Alessio Rastani's videos. it would be best to watch one of Alessio's videos to get the full explanation of how to use the indicator but... I'll do my best to explain here. The RSIG is a combination of the RSI and my MT Goomba strength indicator. Info on how to use RSI...
This indicator has three moving parts. The first one is a culmination of four different exponential moving averages, the second one is stochastic and the third one is RSI with its EMA . The indicator combines different strategies pertinent to each moving part and provides a buy or sell signal accordingly.
Hi traders , this is lonelygrass again 😄, and I am going to show what you don't often see out there and share it with you. This indicator is called "s&p 500 sector strength index"😎 , which allows you to distinguish strengths and weaknesses between different sectors in s&p500, and to create meaningful trading frameworks around it. Similar to the RSI indicator ,...
This is the coolest indicator I have ever made to date so far. The Monster Breakout Index is a completely original idea that I came up with. MBI is a breakout indicator with one parameter. MBI lives up to its name because of how robust the index is. It gives very little signals, which means that the signals that it does generate are very high quality. How to...
Hot off the press, I present this "Correlation Cycle, CorrelationAngle, and Market State" multicator employing PSv4.0, originally formulated by Dr. John Ehlers for TASC - June 2020 Traders Tips. Basically it's an all-in-one combination of three Ehlers' indicators. This power packed triplet indicator, being less than a 100 line implementation at initial release, is...
Oscillator to visualize distance between 14/30 SMA's, use to identify momentum
Price divergence from 14 and 30 SMA, identify overbought + oversold conditions
An update of my previous code "Stoch.RSI+RSI+DoubleStrategy+CMWilliamsVixFix+MFI". Updates: - Script converted to v4 and to study version - Removed the "Double strategy" code because it doesn't work much well - Replaced the "CM_Williams_Vix_Fix" (by ChrisMoody) code with its updated version "CM_Williams_Vix_Fix_V3" that also features custom filtered alerts...
Fib Retracement is such an amazing tool 😎 , and when u incorporate it onto a chart, no matter a forex , stock or future one, you will always secure some important and meaningful levels for your trading. I am not a huge fan of it actually 😵, but I would say it is an eye opener for me, because sometimes things don't fully make sense will make you money. I can't...
Colored Stoch Rsi . It is possible to show Oberbought and Oversold Crosses only or all Crosses via Checkbox . It is a script for Beginner. Stochastic RSI is more readable. Have Fun
作品: 艾勒斯重心點 (Center of Gravity, CG) Center of Gravity was developed by John Ehlers in 2002. The main purpose of the Center of Gravity indicator is to find possible reversal points as early as possible. Indicator has two series, the first is the CoG series, and the second is the signal line calculated by the five-period smoothed moving average. Cross...
Simple script to count all plotted ticks in a given timeframe. Can be used to verify if TradingView base data is not complete for executing your own scripts.