MACD Indicator which plots local peaks and troughs in divergence.
"Classic" Divergence is specified as:
- A higher price, with reduced MACD high --> Potential Sell Point
- A lower price, with higher MACD low --> Potential Buy Point
"Alternative" Divergence is specified as:
- A higher MACD high, with reduced price --> Potential Sell Point
- A lower MACD low, with...
Fibonacci levels that show the critical top and bottom levels. There is no way to miss the top and bottom. And a top detector.
Also the most important SMA lines (SMA 50, 200), EMA21. Those are the most frequently used lines by traders.
This indicator is based on the work of www.tradingview.com
His work set me thinking. Could I also see...
RSI Indicator which plots local peaks and troughs in divergence.
Divergence is specified as:
- A higher price, with reduced RSI --> Potential Sell Point
- A lower price, with higher RSI --> Potential Buy Point
RSI Divergence should be used in combination with other indicators. This indicator identifies local tops and bottoms, with potential for macro trend...
This is a modified RSI that prints a bottom signal directly on your price chart.
It pulls the data (in the default settings) from the weekly chart no matter on what timeframe you are on.
You can adjust the timeframe and threshold.
Default settings work best for big BTC cycles.
Top signal: reaches -100 when the color is yellow
Bottom signal: reaches -100 when the color is red
This script calculate a stochastic oscillator of BBW, and defines a top and a bottom as its highest in N bars.
Works best on BTC and only on the daily timeframe!
This is a TOP / BOTTOM indicator for big market cycles.
These tops and bottoms are based on the difference between the 200MA on the daily and the price.
I already shared a method to estimate tops and bottoms (1), the number of parameters could lead to optimization issues so i tried to make a simpler method. In this method i use a simple rescaling method based on individual direction deviation. I will explain further details below.
I use as source for the entire calculation an...
VixFix Enhanced by PeterO - Inverse Vix_Fix added, so now this is a dual-sided script (original VixFix shows only lows)
Note from the author: I wouldn't advise betting your strategies entirely on VixFix concept.
Original VixFix created by ChrisMoody on 12-26-2014...V3 MAJOR Update on 1-05-2014
A gift from me to all.
This script is developed to find Divergences for many indicators. it analyses divergences and then draws line on the graph. red for negatif, lime for positive divergences.
Currently script checks divergence for RSI, MACD, MACD Histogram, Stochastic, CCI, Momentum, OBV, Diosc, VWMACD and CMF indicators. You can use some or all of these...
Displays "spike days" by colouring the bars (Default: yellow for a Spike High and blue for a Spike Low)
Spike Day's definition taken from Jack D Schwager's Book: A Complete Guide to the Futures Market: Technical Analysis, Trading Systems, Fundamental Analysis, Options, Spreads, and Trading Principles
A spike is:
A wide difference between the spike high and...