TASC's May 2022 edition Traders' Tipsl includes the "Relative Strength Moving Averages" article authored by Vitali Apirine. This is the code implementing the Relative Strength Exponential Moving Average (RS EMA) indicator introduced in this publication.
This indicator adds onto Vitali Apirine's work by including three different types of momentum used to...
STD Aadaptive, floating RSX Dynamic Momentum Index is an attempt to improve Chande's original work on Dynamic Momentum Index. The full name of this indicator is "Standard-Deviation-Adaptive, floating-level, Dynamic Momentum Index on Jurik's RSX".
What Is Dynamic Momentum Index?
The dynamic momentum index is used in technical analysis to determine if a...
Aroon Oscillator of Adaptive RSI uses RSI to calculate AROON in attempt to capture more trend and momentum quicker than Aroon or RSI alone. Aroon Oscillator of Adaptive RSI has three different types of RSI calculations and the choice of either fixed, VHF Adaptive, or Band-pass Adaptive cycle measures to calculate RSI.
Arron Oscillator:
The Aroon Oscillator was...
Chande Momentum Oscillator script.
This indicator was developed and described by Tushar S. Chande and Stanley Kroll in their book "The New Technical Trader" (1994, Chapter 5: New Momentum Oscillators).
This is a combination of Lazybears WaveTrend Oscillator (purple line) and Chande Momentum Oscillator (blue line with the orange line as a signal line). Use WaveTrend as a confirmation tool. It is consider as a selling point when CMO is over the red horizontal dotted line. The opposite applies if CMO line is under the red horizontal dotted line.
You can also use...
This study combines two versatile momentum indicators :
Chande Momentum Oscillator:
-Measures trend strength, with higher absolute values meaning greater strength.
-Also tracks divergence. When price increases, but is not accompanied by an increase in Chande Momentum Oscillator values, it signifies bearish divergence and a reversal is likely to follow.
-Shown...
Introducing the Caretakers Reverse Chande Momentum Oscillator.
The Chande momentum oscillator is a technical momentum indicator which calculates the difference between the sum of recent gains and the sum of recent losses and then divides the result by the sum of all price movement over the same period.
It is used to gauge “pure momentum”.
It bears similarities...
█ OVERVIEW
This is a volatility indicator created by extending concepts from Tushar Chande's Range Action Verification Index (RAVI).
█ CONCEPTS
This indicator constructs range of the RAVI indicator. It uses this range to build a histogram that represents how fast the range is changing, or a measure of volatility. A line is then constructed, either from a...
Range Action Verification Index (RAVI) indicator script. This indicator was originally developed by Tushar Chande (see his book "Beyond Technical Analysis: How to Develop and Implement a Winning Trading System").
This is an indicator that shows buy and sell signals using multiple oscillators like RSI, Williams %R, Stochastics, and Chande. The green tabs say to buy, and the red tabs say to sell. Hope you like it! The parameters can be tweaked but they're not meant to be tweaked.
Here is a simple indicator based on Tushar Chande's TrendScore .
The main purpose of the TrendScore is to determine the strength and direction of a trend, which it does by comparing the current price to the prices within a user-defined window of historical prices.
In the input menu, the user defines the starting and ending period. The current price is then...
The Variable Index Dynamic Average was created by Tushar Chande and this is a variation of that original formula created by John Ehlers. As you can see I have included the default Vidya from a script by @everget and as you can see the Ehlers version is able to follow the price much closer. I have included strong buy and sell signals in addition to normal ones and...
A technical indicator developed by Tushar Chande to numerically identify
trends in candlestick charting. It is calculated by taking an 'n' period
moving average of the difference between the open and closing prices. A
Qstick value greater than zero means that the majority of the last 'n' days
have been up, indicating that buying pressure has been increasing....
The Midpoint Oscillator was created by Tushar Chande Ph.D. (Stocks & Commodities V. 9:11 (431-434)) and it does a great job of tracking extreme changes in the price. Buy when the line is green and sell when it turns red.
Let me know if you would like me to write more scripts!
![USDCAD: Adaptive, Relative Strength EMA (RSEMA) [Loxx]](https://s3.tradingview.com/n/NDKH8KHK_mid.png "Adaptive, Relative Strength EMA (RSEMA) [Loxx]")
![USDCAD: STD Aadaptive, floating RSX Dynamic Momentum Index [Loxx]](https://s3.tradingview.com/o/op8EVyOq_mid.png "STD Aadaptive, floating RSX Dynamic Momentum Index [Loxx]")
![EURUSD: Aroon Oscillator of Adaptive RSI [Loxx]](https://s3.tradingview.com/b/B6gxWodj_mid.png "Aroon Oscillator of Adaptive RSI [Loxx]")
![BTCUSD: Chande Momentum Oscillator + WaveTrend Oscillator [ChuckBanger]](https://s3.tradingview.com/a/Alxtk5KR_mid.png "Chande Momentum Oscillator + WaveTrend Oscillator [ChuckBanger]")
![AAPL: Ehlers Variable Index Dynamic Average [CC]](https://s3.tradingview.com/r/rUu1lfnZ_mid.png "Ehlers Variable Index Dynamic Average [CC]")
