This is little tricky indicator but you need to understand how its work in order to make it easy to understand The black line is DEMA RSI hybrid which is made on the MTF length that is not repainting. The green and red zones are also DEMA RSI that is calculated in different way (the cross between the fast and the slow moving create the color change and the signal....
Based on the RSI + EMAx3 script, I further added the Stochastics to it, to create the all in one indicator for my current style of trading. It's more convenient to have just one indicator, imo, instead of two at the bottom. Like I mentioned in the RSI_EMAx3 script, the EMAs can be used similar to the "Williams Alligator" and as Support & Resistance for the RSI, or...
Market overextension indicator, built upon the TDI indicator
This is the mystery power from the east, the balance of the universe, the yin and yang... Just kidding. East represent for Extremely Advanced Strategy Tool-set. The east lines work like the MACD, The K line's color also has prediction usage, green for inc bulltrend, red for inc beartrend. The green dots and red dots works better on 4 hrs TF for...
This indicator was originally developed by Bill M. Williams. It shows the degree of convergence / divergence of the Alligator lines.
This indicator was originally developed by Bill M. Williams. Also known as Acceleration/Deceleration Oscillator.
This indicator was originally developed by Bill M. Williams.
This indicator is mostly the same as other RSI+EMA indicators, the relevant difference is that it uses three EMAs instead of one. The additional two EMAs can act as support/resistance and tell how strong a move is (eg. 'Williams Alligator'). It provides the same utility any MA does.
Rate of Change modified ROC mod = recent price / reference price * 100 -100
Prices / RSI divergences detector. Display both hidden and regular divergences. I used it with my own RSI indicator. You can find the script here:
The default RSI (14) set up with Pareto (80/20 for overbought and oversold). The background color is turning green and red as buy & sell signals
This is a modified formula for MFT. It's prefabricated with numbers that would work best with my methodology and system. Please don't ask for getting access. Only my students can get access to these indicators.
This is a modified RSI formula that draws two different RSI time frames on top of eachother with additional signal points on it. Please don't ask for getting access. Only my students can have access to these tools because they are part of my methodology and prefabricated with fixed numbers that would work ONLY on my system.
This indicator is mostly the same as other RSI+EMA indicators, the relevant difference is that it uses three EMAs instead of one. The additional two EMAs can act as support/resistance and tell how strong a move is (eg. 'Williams Alligator'). It provides the same utility any MA does.
I had been trying to code a predictive algorithm working with sine waves, but I got distracted and made some snow and Christmas trees lol. I'm uploading this with the source code because I'm sure someone will be able to learn from it to create something useful. Please follow me for some actual useful pine scripts and merry Christmas! :)