Wanted to put this out there. Kind of a rough explanation but basically I wanted to build an indicator that takes out emotions and is easy to read. The indicator is basically RSI, stochRSI, CCI, and EMAs into an easy to read package. The traffic lights at the end will tell you if stochRSI/RSI and price action above according to EMA ribbon are in agreement. RSI...
Max Saham Pukat converts price to Gaussian normal distribution and signals when prices move significantly by referencing recent price data. Information provided by the Max Saham Pukat can help identify reversals or big changes in asset pricing. Ultimately, this indicator can be used to determine trends and underscore key price moves within said trends. Removal...
This is an improved version of Fisher, which use as a source the distance from EMA , compared to the initial source which was on the close of a candle. It can be used in any market, any time frame . For conditions we have multiple conditions for the logic, in this case initially if our fisher is above 0 is a long direction ,if its belowe 0 its a short...
Brief 💜 This indicator allows users to more easily compare candlesticks by centering them along a zero line. Also, I've added some moving average lines for the highs, lows, and closes for these centered candles. Enjoy 😉
Introducing the Pivot Regression Oscillator. This oscillator uses a similar formula to the Stochastic Oscillator. However, instead of comparing the closing price to the lowest price of a period, it compares the distance between current price and the current pivot point. By basing our oscillator on pivot levels, we incorporate a much more relevant and...
setup for a classic MACD strategy with some filter to choose. it keep the default setup of MACD because is the most popular. it place the stop loss and take profit based on the trading rush video of MACD, if you want a different profict factor you can change until to reach 3, over this as a fixed risk reward don't have so much sense
Simple MACD Strategy Indicator. Rules: - MACD Crossover with Signal Line If - MACD Crossover above zero line - Price is below EMA200 => Sell If - MACD Crossover below zero line (buy) - Price is above EMA200 => Buy
Introducing the Reverse MACD Cross MACD.... short for moving average convergence/divergence, is a trading indicator used in technical analysis of stock prices, created by Gerald Appel in the late 1970s. It is designed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock's price. Prior work by Johny Dough showed how we can...
This indicator combines Relative Strength and Rate of Change (ROC) in one plot. Change the period and comparative symbol (defaulted to NSE:NIFTY) in settings.
PVD: MACD with volume as source. Options to configure: OBV, PVT, or MFI as source Display PVD or a faux zero-based oscillating CVD
Hello Traders, This is "Point and Figure Chart (PnF)" script that run in separated window in real time. The separated PnF chart window is timeless, so no relation with the time on the chart. PnF chart consist of "X" and "O" columns. While "X" columns represents rising prices, "O" column represents a falling price. If you have no idea about what PnF charting is...
Introducing the Delta-RSI Oscillator. This oscillator is a time derivative of the RSI, plotted as a histogram and serving as a momentum indicator. The derivative is calculated explicitly by means of local polynomial regression. It is designed to provide minimum false and premature buy/sell signals compared to many traditional momentum indicators such as...
This is a rough version of the Faustmann Ratio metric that Mark Spitznagel presents in The Dao of Capital. The purpose is to conservatively calculate the price of the company (market cap) relative to net worth. Over a medium term horizon, the theory is that companies which have a high ROIC (see my other script) combined with a low Faustmann Ratio (color coded to...
This is a rough version of the Return on Invested Capital metric that Mark Spitznagel presents in The Dao of Capital. The purpose is to calculate the return on real invested capital, conservatively calculated. Over a medium term horizon, the theory is that companies which have a high ROIC (presented here as a decimal value where 0.5 = 50%, 1 = 100%, etc., and...
This indicator is based on "Currency Strength Chart", which was created by boitoki Added some emerging currency(ZAR, MXM, TRY) Deleted some currency(NZD, CAD, CHF) This chart follow you catch unique emerging currency trend.
I wanted to see if I could programmatically identify the conditions I saw just before Bitcoin broke its all-time high end of 2020. The signal picks up several rocket launch moments prior to launching which is quite cool. It also picks up a few false starts, however. In any case, I would have loved to be stopped out on those false starts but been there for all the...