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
This script works with two 50 exponential moving averages and a 20 exponential moving average. The 50 ema high and low work like a channel in combination with the 20 ema to idenifty a trend in the 15 min chart. Once the trend is identified the script waits until the stochastic crosses over 20 (oversold) in a uptrend to buy and 80 (overbought) to short. It is a...
Combining EMA and MA over-extension with RSI to help narrow down overbought and oversold opportunities.
Simple Overbought/Oversold indicator You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.
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! :)
B3 Directional Trend Index ~ All about the trend! William Blau is the designer of this gem, and IMHO it is the best trend finder of all the lagging indicators out there I have tested. It is important to pay attention to the slope and thickness of the line, and its relationship to zero. A reversion to the zero may look momentous, but in fact it could reverse...
This is an implementation of the Stochastic Momentum Index from William Blau's his article in Stocks & Commodities . This also allows the use of various different kinds of moving averages for the signal line. Options for this argument are: sma (simple moving average) ema (exponential moving average) wma (weighted moving average) trima (triangular...