This is a momentum, trend, as well as a divergence indicator. It is similar to CCI, though it is based on a slow and fast EMA in connection to ATR, which allows to interprete it easily. Both EMAs and ATR have customisable period. Further explanation and basic usage can be found in the comment section inside the script.
Laguerre RSI (Self Adjusting Alpha with Fractals Energy) indicator script. I adopted idea from www.prorealcode.com and If you disable `Apply Fractals Energy` option, you will get the original Laguerre RSI.
Corrected Relative Volatility Index. This indicator was originally developed by Donald Dorsey (Stocks & Commodities V.11:6 (253-256): The Relative Volatility Index). The indicator was revised by Dorsey in 1995 (Stocks & Commodities V.13:09 (388-391): Refining the Relative Volatility Index). I suggest the refined RVI with optional settings. If you disabled...
Stochastic Momentum Index is used to find oversold and overbought zones. It also helps to figure out whether to enter short trade or long trade. Red Shade in the Top indicates that the stock is oversold and the Blue shade in the bottom indicates overbought. The lighter color indicates that the trend is continuing while the darker color indicates the trend is...
Relative Momentum Index indicator script. This indicator was originally developed by Roger Altman (Stocks & Commodities V. 11:2 (57-60)). RMI with momentum period of 1 will be equal to an RSI when they have the same period and source price.
Laguerre RSI indicator script. This indicator was originally developed by John Ehlers.
pinocchio bars defaults set for EUR/USD on M15 chart, alter as necessary j.tate 03.17.18
Trend Follower (Follower) The Trend Follower is a powerful trading tool, which helps us to control our operations. This tool performs different calculations based on market movements, so it becomes a very versatile and reliable indicator. This indicator tells us NOT to do and at what time it is prudent to leave an operation or take a share of profits. If you have...
◊ Introduction I started using this script because of its fast reaction, and good tell for buy/sell moments on a short timescale. For larger timescales, the overall trend should be taken into account regarding the levels. In the future i will update this indicator, to automatically adjust those. ◊ Origin The Relative Momentum Index was developed by Roger...
CCI Histogram w/ Color Has EMA option to calculate CCI STOKEDSTOCKS Finds oversold and Overbought conditions
Combining EMA and MA over-extension with RSI to help narrow down overbought and oversold opportunities.
Simple Overbought/Oversold indicator WARNING: This script to change bars colors.
This script is the same as Williams %R except that on green days we plot green and red on red days. If a bar opens and closes the same, we plot black.
based on indicator created by coinsheet.org created by autemox tells you when 9 candles in a row are green or red candles (this indicates price may be oversold or overbought)
This study project is an updated version of the implementation of the "Stochastic False BAR" indicator. Description: The standard Stochastic buy/sell indications come from Stochastic crosses about the standard overbought/oversold zones (80/20). This does not always work and you get stuck in the OB/OS zones with a trend continuation. Utilising a second much...
A colorful take on the classic stochastic indicator, coded from scratch. Enjoy! :)