Hello friends, As you requested, this is my own version of OBVwith these features: - Plot various types of moving averages ("SMA","Smooth SMA","SuperSmooth MA","EMA","DEMA","TEMA","Triangular MA","QEMA","RMA","Hull MA","KAMA","WMA","VWMA","CTI","LSMA","VIDYA","Blackman Filter","Adaptive RSI","Probability") - Change the length of moving average - Change the...
Greetings All, This simple indicator is a stylistic modification of the original TradingView Divergence indicator. I've enhanced the following: Styles RSI will turn RED when overbought and CYAN when oversold. CYAN presents an LONG opportunity, while RED is where I look for SHORT entries. Added background color to the the Oversold/Mid-Level and...
English: This indicator has been developed as an early warning tool to estimate the probability of correction in the US stock market. It works best in the daily chart. Function: 1.) "Index-line" The underlying stock index is converted to a scale between 0% and 100% based on its 52-week highs and lows. Where 100% is closing price at 52-week high and 0% is closing...
This is a very specialised and optimized script, for 1m EURUSD traders - daytraders, scalpers. 1m trading is very difficult, but it can be also most profitable, if done right. Why difficult? It is hard to detect market direction - usually when trend indicators reverse, that new trend is already over. One and the same indicator signal sometimes provides one...
This script helps to identify the volume strength basis EMA and various EMA multipliers, There are provisions provided to enable and disable when the volume is gaining momentum and the volume for a particular candle touches the Break Out criteria. Users will be able to modify the criteria for Volume strength and Volume break out Indication. It will also show the...
This script uses the MESA EMA and SMA as well as the ROC/MESA cross to help find the take profit areas when trading divergences using market cipher or wavetrend. It is inspired by jordanfungs MESA indicator, however this one is different because it is not lagging in the signals. Hope you enjoy it, and make sure to backtest any strategy before you use it.
Mean Reversion indicator based on RSI Divergences at Overbought/Oversold conditions with Price above/below a Standard Deviation from Daily VWAP. Useful for intra-day trading. Signal criteria: 1. RSI is at Overbought/Oversold 2. RSI Divergence present (not hidden) 3. RSI has not reached Neutral level (i.e. 50) 4. Price has crossed above/below a Standard Deviation...
This is a better, cleaner version (in my opinion) of an part of an indicator I was using that was coded up by cI8DH. I reached out to him about cleaning up the code (things weren't working) for Pinescript v4, but he no longer seems to be active, so I thought I might take it upon myself to at least work out this portion of the indicator. Much credit goes to him....
First time I've published a script so go easy! All credit goes to @yatrader2 for the script, I have just made it easier to set alerts on it. Enjoy!
Level: 1 Background This CCI indicator is blackcat customized version with enhanced features. Function This CCI use green line to indicate strong long trend with cci values > 0 and red line to indicate weak long trend with cci values <0. It also use yellow and fuchsia candles to present the strong and weak long trend. A green candle is used to indicate long...
Japanese below / 日本語説明は下記 Overview Multi-function RSI indicator with functions below. 1.MTF with display timeframe control 2.Auto divergence drawing incl. hidden divergence 3.Signal when RSI crosses over upper band/crosses under lower band 4.Color background when MTF RSI crosses over/under lower band 5.Alert when RSI crosses over upper band/crosses under lower...
The 'Lachie T.A.N.G.L.E.S system' is further development in my line of divergence indicators which applies a few different factors besides just flat divergence logic. This innovative script has been completely rebuilt from its predecessor: Lachie 5.0.1.2: DDS , which was not missing a lot of opportunities for users as it's sensitivity was pruned right back. ...
Japanese below / 日本語説明は下記 Overview Multi-function Stochastic indicator with functions below. 1.MTF with display timeframe control 2.Auto divergence drawing incl. hidden divergence 3.Signal when % K crosses over %D incl. MTF %K and %D 4.Alert when % K crosses over %D Please see the details below. Functions: 1.MTF with display timeframe control You can...
The VWAP oscillator plots VWAP as the zero line with price, relative to VWAP. This can be use the same way you would traditionally use VWAP, with a much clearer picture of deviation from VWAP. Also, after creating the script, I noticed divergence was extremely noticeable here!
I like a clean chart and trade primarily with price action alone, but the power of VWAP is undeniable, which is why VWAP is the basis of most of my scripts. The VWAP oscillator plots VWAP as the zero line with exponential average price, relative to VWAP. This can be use the same way you would traditionally use VWAP, but after creating the script, I noticed...
Many know of the VIX for equity trading. Yet, many are unaware that there is the same kind of volatility measure for trading bonds, called the MOVE Index. "The Merrill Lynch Option Volatility Estimate (MOVE) Index is a yield curve weighted index of the normalized implied volatility on 1-month Treasury options which are weighted on the 2, 5, 10, and 30 year...
+ %B is, at its simplest, the classic Bollinger Bands %B indicator with a few added bells and whistles. However, the right combination of bells and whistles will often improve and make a more adaptable indicator. Classically, Bollinger Bands %B is an indicator that measures volatility, and the momentum and strength of a trend, and/or price movements. It shows...
This indicator consists of two lines. One is a gray line (USD) and the asset indicator is green or red. The basis of this indicator is the true strength indicator (TSI) with parameters 5,15. Both line sets are based on a TSI (5,15). The lookback period is for new highs / new lows. Default value is 200 periods. GREEN/RED LINE The first that is green and red is...