The RVI is a modified form of the relative strength index (RSI).
The original RSI calculation separates one-day net changes into
positive closes and negative closes, then smoothes the data and
normalizes the ratio on a scale of zero to 100 as the basis for the
formula. The RVI uses the same basic formula but substitutes the
10-day standard deviation of...
Warning! it plots on the chart too. I can remove it but i could be useful when changing an input it is changed in the chart too.
The closes are like before
The Relative Momentum Index (RMI) was developed by Roger Altman. Impressed
with the Relative Strength Index's sensitivity to the number of look-back
periods, yet frustrated with it's inconsistent oscillation between defined
overbought and oversold levels, Mr. Altman added a momentum component to the RSI.
As mentioned, the RMI is a variation of the RSI...
Wave Trend Cross strategy. Applicable for multiple time frames(1h,15m,5m,1m). Fine tune "Channel Length" and "Average Length" parameters for best results
It trades using a combination of 5 indicators that yield a score that is summed up when indicators are long/short.
(green bars for long score and red for short)
It exits when the score is too low or with a stop loss.
If you are a Mod seeing this as a duplicate script please take down my other one instead of this one. This is the same script as "Lazy Monies Bitcoin Scalper" on my account, however this is set to protected instead of invite only which I set the last one by mistake.
An edit of my previous script "1h gold lazy monies" so that it can be applied to 5m bitcoin...
An edit of my previous script "1h gold lazy monies" so that it can be applied to 5m bitcoin charts. Unfortunately the time scale that it can be back tested for is quite short so it only manages to test 40 trades, so I would be a little cautious trading using this under very different market conditions. The fact that Bitcoin is largely traded emotionally by stoners...
This back testing strategy generates a long trade at the Open of the following
bar when the %K line crosses up UpBand line.
It generates a short trade at the Open of the following bar when the %K line
crosses down DownBand line.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
The Pivot Detector Oscillator, by Giorgos E. Siligardos
The related article is copyrighted material from Stocks & Commodities 2009 Sep
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
The Polarized Fractal Efficiency (PFE) indicator measures the efficiency
of price movements by drawing on concepts from fractal geometry and chaos
theory. The more linear and efficient the price movement, the shorter the
distance the prices must travel between two points and thus the more efficient
the price movement.
You can change long to short in the...
** Tired of Script showing a trade that you stopped out on but is still long on your script? Not any more**
I used Pine script to create realistic trading scenarios for SL users. Now your scripts will reflect what you see on the order book.
a=0.0
a := (*Insert buy condition*)? close: nz(a )
plot(0.98*a, color= green) //2%SL for BUY
b=0.0
b:= (*Insert Short...
The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume.
PVO measures the difference between two volume-based moving averages as a
percentage of the larger moving average. As with MACD and the Percentage Price
Oscillator (PPO), it is shown with a signal line, a histogram and a centerline.
PVO is positive when the shorter volume EMA is...
