Price & Momentum Divergence Indicator is a variant of the Chande Momentum Oscillator (CMO), designed to identify reversal patterns in overvalued and undervalued markets. This indicator aims to mitigate the common problem of all oscillating indicators: false buy/sell signals during prolonged market trends, by incorporating a volume-weighted approach and momentum...
Hello Traders - I'm releasing this as a friend was talking about how he used to use it as an exit indicator. The Aroon Oscillator isn't the most accurate for entries, but we find its strength in its exits. The Aroon Oscillator was developed by legendary technical analyst, T. Chande , in 1995 as part of his "Aroon Indicator system." Chande's intention was for...
The Midpoint Oscillator was created by Tushar Chande Ph.D. (Stocks & Commodities V. 9:11 (431-434)) and it does a great job of tracking extreme changes in the price. Buy when the line is green and sell when it turns red. Let me know if you would like me to write more scripts!
This script is based on my Aroon Histogram + CMO: But it has the option to use it multiple time frames to automatically check for bull and bear crossover on CMO and it has the ability for the trader to set alert on crossovers
TRADERALP CHANDLE SIGNAL = If a bar is showing that it is moving in a direction with highs lows and close, all of which are >respectively< moving against the open from the bar before, then it prints indicating buyers or sellers bringing momentum. The arrows and cloud carry into the next bar to give lots of awareness of the micro-term momentum. The cloud represents...
QuantCat Chande Swinger This strategy is designed to be used on the 1 minute with mainly bitcoin, and cryptocurrencies. But parameters can be adjusted to ANY pair. After some long research about chande momentum oscillator, I decided to create a strategy using normal distribution percentage levels to snipe entries. This in turn on the 1 minute can create a nice...
Here is the updated version of our Pulse Profits+ study based on the combination of the Chande Momentum Oscillator and Elder's Force Index . This version was updated to include stop-loss and improved signals Red background highlights mark sell signals and green highlights represent buy signals. All signals are accompanied by corresponding alerts that can be...
🥢 Crypto-Sticks™ A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites! 🚀 Indicator Specific Info I have found this indicator to show nice divergences as shown on the main chart. Even in this nightmarish sideways bitcoin movement, it still is giving decent divergence signals! It also gives a...
First release from the Crypto-Sticks series of indicators... brought to you by Cryptorthyhms! 🚀 Indicator specific Info I find this implementation of CMO useful for spotting divergences and for creating signals based on the indicator. Some divergences were highlighted on the chart/indicator showing you potential use cases. 🚀 Crypto-Sticks General Info 💭The...
Forecast Oscillator indicator script. This indicator was originally developed by Tushar Chande.