Here's an updated version of our Vortex Trend Tracker indicator. Here's the link to the original if anyone wants to read more about the Vortex or see the first version: We've added in 4 rsi's of varying lengths for this second version(2 fast and 2 slow) that create the background color effect.
The Coppock Curve is a zero-centered momentum oscillator that relies primarily on rate of change calculations. The Coppock Curve in its most basic form is already a great indicator, especially for spotting shifts in momentum. But, we wanted to see how we could modify it to get some better performance out of it. As the ‘cop’ function demonstrates, the Coppock...
Hello traders This script is based on the great Ricardo Santos InfoPanel script It will display all the Bitcoin prices The script is public so you can adjust according to your own needs PS You might have to scroll right on your chart to see the panel Enjoy :) Dave
Here is a very simple tool that uses the Arnaud Legoux Moving Average(ALMA). The ALMA is based on a normal distribution and is a reliable moving average due to its ability to reduce lag while still keeping a high degree of smoothness. Input Options: -Offset : Value in range {0,1} that adjusts the curve of the Gaussian Distribution. A higher value will result in...
Though it may sound complex, the Vortex Indicator is essentially an uptrend line and a downtrend line. The vortex indicator can be used for a variety of purposes, including tracking the strength of trends, identifying/anticipating reversals, and generating entry/exit signals. It’s calculation is shown in the open-source code below. To reduce the number of...
Here is a simple indicator based on Tushar Chande's TrendScore . The main purpose of the TrendScore is to determine the strength and direction of a trend, which it does by comparing the current price to the prices within a user-defined window of historical prices. In the input menu, the user defines the starting and ending period. The current price is then...
Plots the RSI for the current chart (same as the built-in RSI indicator) and adds the RSI values for the Shorts and Longs (S&L) from Bitmex. The main reason I've used the RSI value is to have it on the same scale as the price chart's RSI. The general trend of the S&L is preserved.
Hi everyone This in an indicator inspired by Scarrff I added the XBT quarterly and yearly settlement dates Enjoy David
Hello Traders This indicator draw multiple Simple Moving Averages multi-timeframes at once I use it to define take profit zones for my crypto trading Hope you'll like it Enjoy Dave
Hello Traders This indicator is used to divide two assets between them. Why you would ask ? For instance, in crypto trading, traders often look at the ratio Longs/Shorts or Shorts/Longs to figure out which side is leading the market and use this information as a powerful hedge for their next trade Enjoy Dave
This study calculates the On-Balance Volume (OBV) and displays it in terms of its Z-Score. OBV is a great momentum indicator . As the name suggests, OBV predicts changes in price based on the security's volume flow. Formula: if (Current Price > Previous Price) then Current OBV = Previous OBV + Current Volume if (Current Price < Previous Price) then...
Here's a modified version of the Elder Ray Index created by the famed Dr.Alexander Elder. This indicator has proven to be especially helpful lately given the crazy state of crypto. Slow Moving Average : The top chart shows the moving average used to filter trends. I recommend using a higher window length(can be adjusted with the 'lenSlowMA' input option). I...
This study combines two versatile momentum indicators : Chande Momentum Oscillator: -Measures trend strength, with higher absolute values meaning greater strength. -Also tracks divergence. When price increases, but is not accompanied by an increase in Chande Momentum Oscillator values, it signifies bearish divergence and a reversal is likely to follow. -Shown...
The ‘Mayer Multiple’ is one of the most popular metrics and derives from the current price divided by the 200-day moving average (200-MA). The average value is 1.39, and historically, when it becomes equal to or greater than 2.4 it will retrace to under 1.5. Simulations performed by Trace Mayer determined that in the past, the best long-term results were achieved...
Includes fast and slow Arnaud Legoux Moving Averages (ALMA). ALMA is a moving average based on a Gaussian(normal) distribution that reduces lag while still retaining smoothness. Input Options: -Offset : Value in range {0,1} that adjusts the curve of the Gaussian Distribution. A higher value will result in higher responsiveness but lower smoothness. A lower...
This indicator compares four different values : -Fast Simple Moving Average(SMA) -Fast Volume Weighted Moving Average(VWMA) -Slow SMA -Slow VWMA Comparing SMA's and VWMA's of the same length is a common trading tactic. Since volume is not taken into consideration when calculating Simple Moving Averages, we can gain valuable insights from the...
Bitcoin Fat Volume Indicator The script displays aggregate sums of Bitcoin dollar and Tether market volumes separately as follows: USD markets (blue): gemini, coinbase, okcoin, kraken, bitfinex, bitstamp, btce, mtgox Tether markets (orange): huobi, binance, bittrex, poloniex, hitbtc The indicator should work on all time frames on any chart so long as volume...