This script improves the default RSI. First. it identifies regions of the RSI which are oversold and overbought by changing the color of RSI from white to red. Second, it adds additional reference lines at 20,40,50,60, and 80 to better gauge the RSI value. Finally, the coolest feature, the middle 50 line is used to indicate which cycle the price is currently at. A...
This oscillator is based on the williams%R combined with EMA's for better signals. it shows momentum and ob/os signals and indicates market cycles.
you can switch between the two EMA's for more direct or filtered signals and smooth the %R if needed.
i added 4 alertconditions to be triggered on crossovers of signal EMA and Filter EMA.
please let me know in the...
Ehlers Stochastic Cyber Cycle indicator script.
This indicator was originally developed by John F. Ehlers (see his book `Cybernetic Analysis for Stocks and Futures`, Chapter 8: `Stochasticization and Fisherization of Indicators`).
Ehlers Cyber Cycle indicator script.
This indicator was originally developed by John F. Ehlers (see his book `Cybernetic Analysis for Stocks and Futures`, Chapter 4: `Trading the Cycle`).
This is based of a modified stochastic numbers. The settings come from Barry Burn's foundation and advanced courses.
There are two stochastic indicators one on top of another. at the same time, you can turn off the lines and show the moving averages of percent D and percent K, this is something I added personally to farther investigate if they can be helpful or...
This study is an experiment designed to identify market phases using changes in an approximate Hurst Exponent.
The exponent in this script is approximated using a simplified Rescaled Range method.
First, deviations are calculated for the specified period, then the specified period divided by 2, 4, 8, and 16.
Next, sums are taken of the deviations of each period,...
This is a BETA version. Which means that there might be unstability, errors...
I just decided to create this separate version of the indicator in order to let people test & give reviews before pushing the actual release to the public version.
This versions will be more "advanced" but can be less reliable.. Choose wisely !
THIS SCRIPT ACCESS WILL ONLY BE...
This indicator/strategy should be used similarly to how you would analyse sentiment data, when the crowd is bullish look to be short, when the crowd is bearish look to be long. It is also is inspired by Elliott wave, as it is looking for ending waves. The crowd tracker uses volume and price data to estimate how many people went long or short in a candle, then adds...
---> ZOOM IN THE CHART TO GET BETTER SIGHT ! <---
PRO SINEWAVE IS BASED ON ADVANCED CYCLE ANALYSIS :
It watches the prices movements and see if there is cyclical components in it or not (a market that is not cyclical is basically in trend (either buyers or sellers are predominant).
The indicator then studies those price cycles and process them through a...
PRO SINEWAVE IS BASED ON ADVANCED CYCLE ANALYSIS :
It watches the prices movements and see if there is cyclical components in it or not (a market that is not cyclical is basically in trend (either buyers or sellers are predominant).
The indicator then studies those price cycles and process them through a sophisticated algorithm ( 3 years of day by day...
This implements the Even Better Sinewave indicator as described in the book Cycle Analysis for Traders by John F. Ehlers .
In the example I used 36 as the cycle to be analyzed and a second cycle with a shorter period, 9, the larger period tells where the dominant cycle is heading, and the faster cycle signals entry/exit points and reversals.
One of the early cycle indicators from John Ehlers.
Ehlers suggests using this with ITrend (see linked PDF below). Osc/signal crosses identify entry/exit points.
Options page has the usual set of configurable params.
More info:
- Simple Cycle Indicator: www.mesasoftware.com
List of my public indicators: bit.ly
List of my app-store indicators: ...
Cycle Channel is loosely based on Hurst's nested channels. Basic idea is to identify and highlight the shorter cycles, in the context of higher degree cycles.
This indicator plots the shorter term (red) & medium term (green) cycles as channels. Some things to note:
As you can see the red channel keeps moving with in the bounds of green channel. When green...
![BTCUSD: Hurst Exponent Market Phases [DW]](https://s3.tradingview.com/u/UR16Q7VB_mid.png "Hurst Exponent Market Phases [DW]")
![USDJPY: Ehlers Simple Cycle Indicator [LazyBear]](https://s3.tradingview.com/x/xQ4mP4kc_mid.png "Ehlers Simple Cycle Indicator [LazyBear]")
![BTCUSD: Hurst Cycle Channel Clone [LazyBear]](https://s3.tradingview.com/q/QmgtSIj5_mid.png "Hurst Cycle Channel Clone [LazyBear]")