Experimental attemt of applying Logistic Map Equation for some of widly used indicators. With this study "Awesome Oscillator (AO)", "Rate of Change (ROC)", "Relative Strength Index (RSI)", "Stochastic (STOCH)" and a custom interpretation of Logistic Map Equation is presented Calculations with Logistic Map Equation makes sense when the calculated results...
3 indicators in 1. Included Indicators are: - Correlation Coefficient - RSI - Stochastics Basic usage of these indicators respectively are: - CC value of 1 represents a perfect correlation, while a value of -1 represents an inverted correlation. - RSI values above 70 is commonly overbought, whilst below 30 is oversold. - Stochastics for describing the momentum...
This is a two stochastic in one indicator : We have a normal stochastic, and a slower one in order to identify changes in the price movement. At the same time I added more levels, so its easier visually to identify in each scenario we are. The slower oscillator, also change color based on direction it has. Green color = long direction - > buy Red color = ...
This simple indicators paints the Momentum based on Stochastic, RSI or WaveTrend onto the Price Chart by showing Green or Red arrows. In the settings it can be selected which indicator is used, Stochastic is selected by default. Length of the arrows is determined by the strength of the momentum: Stochastic: Difference between D and K RSI: ...
My attempt to smooth out the classic Stochastic indicator based on Fibonacci levels - 0.236, 0.382, 0.5, 0.618, 0.786 Includes optional "Smoothed Moving Average" (SMMA), SMA and EMA. This is an interesting experiment, comments would be helpful to improve this indicator.
This is Stochastic was cusumize by Kenvin Hoang More smooth and clear Plot color : RED = SELL SIGNAL when signal line in Red-Range Plot color : GREEN = BUY SIGNAL when signal line in Green-Range
This is a modified Stochastic indicator. Modifications include: 1. The output is now centered on "0" and the scale is from -50 to +50, so that histograms and columns can be used to plot the output. 2. Added visual trade setup triggers. A trigger to the up side is a cycle high and indicates a "sell signal". A trigger to the down side is a cycle low and indicates...
Stoch+RSI (SLOW D)_By Josef_Hakkak Stochastic and RSI by SLOW D% -> How to use: B UY = When the yellow line (D of Slow Stoch ) goes out of the green range, it is better that the purple line ( RSI ) is be low SELL = When the yellow line (D of Slow Stoch ) goes out of the red range, it is better to have the purple line ( RSI ) is be high This script was...
2 indicators in 1. Included Indicators are: - RSI - Stochastics Basic usage of these indicators respectively are: - RSI values above 70 is commonly overbought, whilst below 30 is oversold. - Stochastics for describing the momentum and turning points of price swings. Please recognize that these are simplified explanations. Reasons for 2 in 1 assembly: This...
Version 1.0 of our MSTx Stochastic indicator helps determine when a trend is strong vs. exhausted. The indicator is a modified version of the original stochastic. We added a second line for further confluence, which acts as support & resistance. The added smoothing toggle of the indicator can help you get a different perspective of the move. We also added a series...
For Best Results, Collect Minimum of 4 Confirmations. When the Relative Strength Index is above the top line, look for sales. If it is below the bottom line, Find purchases. If the Stochastic Oscillator is above the upper line, look for sales, If it is below the bottom line, look for purchases. (also applying price action and looking for bounce...
When the trend is already determined You have to use some filter to define trade entries. With the UpTrend it's better to start buying when this market-pulse indicator is at it's bottom, and vice versa for the DownTrend. It's better to do that with the overbought / oversold areas: - simply buy when the area is below the lower band; - and sell when the area is...
This is part 8 of 11 in the system named Ninetales/Volt V2 you can find on Tradingview. Add custom values to backtest, it will return the most accurate of them.
Displays when multiple timeframes of Stochastic RSI are overbought/oversold. Multiple consecutive timeframes being overbought/oversold can signify a short term top or bottom. Thanks to Micse in Pinescripters telegram who helped remove a few errors from this.
This is a Stochastic Oscillator enhanced with: - Show Buy and Sell Alert - Show Regular and Hidden divergence - Show Divergence Labels - Generate Alerts: Buy/Sell and Divergence
Stochastic refers to a randomly determined process and financial markets use stochastic models to represent the seemingly random behaviour of assets and then used by quantitative analysts to value options on asset prices The stochastic oscillator, developed by George Lane, presents the location of the closing price of a stock in relation to the high and low...
The Stochastic Oscillator is a range bound momentum oscillator. The Stochastic indicator is designed to display the location of the close compared to the high/low range over a user defined number of periods. Typically, the Stochastic Oscillator is used for three things: Identifying overbought and oversold levels, spotting divergences and identifying bull and bear...
This script uses a DMI, Stochastic , and one RSI , when they are all overbought or oversold (also applying price action and looking for bounce points) we can obtain a greater probability that the price will go in the direction we expect This script is compact, which can be very useful for many traders Default...