Oscillators are widely used in technical analysis and can return a large amount of information to the trader depending on their design. It is common to use oscillators to detect divergences with the price, divergences occur when the tops/bottoms made by the oscillator and price are negatively correlated.
The following oscillator is based on the momentum of a...
This is a conceptual indicator that converts the main chart series' quote currency from U.S. dollar to Turkish Lira. Should only be used with USD pairs unless you change the 'Pair' input.
Divergences are created by the difference in price due to the incredible changes in TRY value. The candle colors turn to grey when the forex exchange is closed; this is done to...
Hello Traders
This script finds Tops when RSI is in overbought area or Bottoms when RSI is in oversold area and checks the divergence between them. it checks divergence at tops/bottoms after RSI exited from OB/OS areas.
You can change overbought / oversold levels.
You can limit the time that RSI is in OB/OS area with the option "Max Number of Bars in OB/OS"
you...
My own interpretation indicator which i call multi time frame moving averages momentum with NO LAG EMA support (Optional).
The indicator is calculated by subtracting the long-term EMA from the short-term EMA .
This pretty much resembles the MACD moving averages calculation but without the smoothing of the histogram.
Can also be used to find divergences.
The...
Candlesticked RSI v2 for price action traders!
See the True Momentum.
6 chart type, smooth RSI , add signal lines, find divergences, special alerts
This is 2nd version with major upgrade
Improved and more powerful
fully customizable.
features:
See RSI in 6 type of chart(Candles, Hollow Candles, Siwi Candles, Heikin Ashi, HL Bar, Line)
Monitor Up...
The following indicator is a normalized oscillator making use of the arc tangent sigmoid function (ArcTan), this allows to "squarify" the output result, thus visually filtering out certain variations originally in the oscillator. The magnitude of this effect can be controlled by the user. The indicator contains a gradient that shows the possibility of a reversal,...
A modification of the TV builtin "Divergence indicator" (Version 10) that can be applied to any indicator, and can be plotted on price as well.
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...
ALL AT A DEEP GLANCE
Monitor the whole market at a glance
Give your analysis double-dimensional depth
With the help of this assistant , you can quickly aware about the various dimensions of the market and improve the quality of your trading experience.
Everything is clear in the picture so I will avoid further explanation.
All...
Price divergence is a good indicator to detect a trend change.
But only check the divergence value is not enough, the time range of how long the trend continues also needs to be measured.
This indicator accumulated Price Divergence until it turns from plus to minus or minus to plus.
From this Accumulated Price Divergence
1. The upper-level (long term) trend...
Volume is one piece of information that is often neglected, however, learning to interpret volume brings many advantages and could be of tremendous help when it comes to analyzing the markets. In addition to technicians, fundamental investors also take notice of the numbers of shares traded for a given security.
What is Volume?
The volume represents all the...
I've added a few lines to Mawreez' RSI Divergence Detector.
I edited the visual and filtered the signals in same direction of the current candle.
this indicator shows long and short signals based on divergences. It's better not to trade against powerful trend.
Tradingview Built-in Divergence Indicator with RSI is extended for Price Divergence with
- RSI
- MACD
- Sochastic
- Money Flow
- Demand Index
- Chaikin Money Flow
Thanks to tradingview for providing this unique indicator.
Using built-in code from Divergence Indicator I've created the MF RSI indicator.
A great way to combine two great indicators and divergence.
A alert condition is available on a potential reversal MFI crosses RSI on overbought or oversold.
This study tries to highlight LazyBear Squeeze Momentum divergences
as they are defined by
TradingLatino TradingView user
Squeeze momentum green peaks are connected by a line
Associated prices to these green peaks are also connected
If both lines have a different slope orientation
then there is a divergence.
It only shows two last divergence lines and...
Elder-Ray Bear and Bull Power
Dr. Alexander Elder cleverly named his first indicator Elder-Ray because of its function, which is designed to see through the market like an X-ray machine. Developed in 1989, the Elder-Ray indicator can be applied to the chart of any security and helps traders determine the strength of competing groups of bulls and bears by gazing...
Psychology of a Market Cycle - Where are we in the cycle?
Before proceeding with the question "where", let's first have a quick look at "What is market psychology?"
Market psychology is the idea that the movements of a market reflect the emotional state of its participants. It is one of the main topics of behavioral economics - an interdisciplinary field...
It's a simply volume indicator. You should watch for breaks on both volume uptrend and volume downtrend. It uses fibonacci numbers to build smoothed moving average of volume.
Also you can check divergences for trend reversal and momentum loss.
![AMD: Triangular Momentum Oscillator & Real Time Divergences [LuxAlgo]](https://s3.tradingview.com/0/0XxPH6A2_mid.png "Triangular Momentum Oscillator & Real Time Divergences [LuxAlgo]")
![BTCUSD: ArcTan Oscillator [LuxAlgo]](https://s3.tradingview.com/t/TsRmOzqT_mid.png "ArcTan Oscillator [LuxAlgo]")
