The Adaptive Center Of Gravity was created by John Ehlers and this is a regular center of gravity indicator combined to be use with the current cycle period. If you are not familiar with stock cycles then I would highly recommend his book on the subject: Cycle Analytics. Buy when the indicator turns green and sell when it turns red. Let me know if there are any...
A modification of the classic MACD to use Triple EMAs which tends to have less lag than the standard indicator. (I also have a Double Exp MACD indicator, I tend to use both simultaneously) Alert conditions are pre-configured for simple line crosses and you can enable/disable the histogram from the indicator options menu. Enjoy!
A modification of the classic MACD to use Double EMAs which tends to have less lag than the standard indicator. Alert conditions are pre-configured for simple line crosses and you can enable/disable the histogram from the indicator options menu. Enjoy!
Another in a series of experimental indicators using logarithmic scale visualisation. This one extends into some work on I've been doing on 'the cube', but Pine isn't liking multiple log lines even when the equations are included for each plotted variable, meaning, no variables used in the definition of a variable, as is done here. As a result, accuracy of this...
This Simple indicator uses the MACD history to check trend reversals. It primarily check if the histogram has moved up from a downtrend above a certain margin. If it has, it places a green B on the chart. If you were to use/improve this indicator, please use it with other indicators to confirm your position. This is NOT an indicator that can be well used alone.
This is a CCI script adapted from 'CCI w EMA by Rick3712' which removes the EMA of the CCI and adds different sized CCI results to the same plot. An info box is also added for easy reference of current values. CCI is a useful way to see the price's relation to moving averages in a different way, and being able to see the trend strength over time using the larger...
█ OVERVIEW This indicator shows how you can use the new color functions in Pine to generate color gradients. We provide functions that will help Pine coders generate gradients for multiple use cases using base colors for bull and bear states. █ CONCEPTS For coders interested in maximizing the use of color in their scripts, TradingView has added new color...
The Voss Predictive Filter was created by John Ehlers (Stocks and Commodities August 2019) and this is a unique indicator in that it tries to predict future price action. I have color coded the middle line to show buy and sell signals so buy when the line turns green and sell when it turns red. Let me know if there are any other indicators you want me to publish!
The Spearman Rank Indicator was created by John Ehlers (Stocks and Commodities July 2020 pg 6) and this works well as a trend confirmation indicator. This is obviously his take on the Spearman Ranking Correlation and make sure to let me know what you think! Buy when the line turns green and sell when it turns red. Let me know if there are any other indicators you...
This script was requested based on what I previously had in my other scripts. I did do some tweaks based on some assumptions of what I think it will be used for.
Bulls Power vs. Bears Power is a unique tool that displays on each candle the balance between the bears (sellers) and the bulls (buyers). OVERWIEW : This indicator is mainly based on the popular indicator “Elder ray” made by Dr. Alexander Elder in 1989. This indicator has been developed in order to determine the strength of the competing groups of buyers and...
This is a fork of the previous PACD indicator i made by working out the RSI another two times. it works the exact same but is more leading in trend reversals and divergences. this indicator plots 4x the RSI of the RSI of the price using the derivatives of RSI. Data is plotted just like the MACD. points 5 and -5 are very strong support/resistance points and should...
This script uses the MESA EMA and SMA as well as the ROC/MESA cross to help find the take profit areas when trading divergences using market cipher or wavetrend. It is inspired by jordanfungs MESA indicator, however this one is different because it is not lagging in the signals. Hope you enjoy it, and make sure to backtest any strategy before you use it.
The Trend Persistence Rate Indicator was created by Richard Poster (Stocks and Commodities Feb 2021 pg 12) and this indicator is a good trend strength indicator similar to ADX. A good strategy with this indicator according to the author is to combine this with a moving average crossover strategy and a volatility indicator. Buy when the price crosses over the...
"Trend Indicator A-V2" and "Trend Indicator B-V2" are updated and improved versions of my initial trend indicators. Totally rethinking the code, adding highs and lows in the calculations, including some more customisation through colour schemes. In practice, this indicator uses EMAs and Heikin Ashi to provide an overall idea of the trend. The "Trend...
"Trend Indicator A-V2" and "Trend Indicator B-V2" are updated and improved versions of my initial trend indicators. Totally rethinking the code, adding highs and lows in the calculations, including some more customisation through colour schemes. In practice, this indicator uses EMAs and Heikin Ashi to provide an overall idea of the trend. The "Trend...
The Noise Elimination Technology Indicator was created by John Ehlers (Stocks and Commodities Dec 2020 pg 17) and he created this indicator to be used with his version of RSI but I think it works well with any price data or any indicator really. I'm trying a new signal system due to a request from @luckyCamel58789 so let me know what you think. I now...
Based on the bult-in momentum script, I took the liberty of updating it, adding two features. First, I would like to see the momentum oscillator showing percentage values, rather than absolute values. Visually facilitating analysis in long-term graphs. Second, just for fun*. I don't know how to explain the reason exactly, but for the strategy bult-in script, I...