Introduction Heyo, here I made a normalized Chaikin Money Flow (CMF) indicator with Inverse Fisher Transform (IFT) and some smoothing techniques. I had to normalize the indicator in order to fit it to the IFT range (-1 -> 1). Moreover, the good old adaptive mode is also included in this indicator. It uses Ehlers superb dominant cycle techniques. It also has...
█ OVERVIEW This indicator is a divergence finder, designed to be overlayed on top of any oscillator. By utilizing an Exponential Moving Average, rather than built-in pivot functions, this allows for insignificant pivots of the oscillator to be filtered out. Additionally, by sampling more than just the previous oscillator pivot, this allows for divergences to be...
Relative Strength Index (RSI) + Realtime Divergences This version of the RSI indicator includes the following features: - Optional divergence lines drawn directly onto the oscillator in realtime. - Configurable alerts to notify you when divergences occur. - Configurable lookback periods to fine tune the divergences drawn in order to suit different trading...
WELCOME TO THE CHEAT CODE REDEMPTION PACK!!!! I want to take a deep dive into what this indicator consists of and how you can use it to improve your trading strategy. -What does the CCR consist of? The Oscillator: The oscillator is a combination of a true strength index sampled from on-balance volume and a regular RSI at default settings. The reason I...
This overlay indicator detects divergences between price movement and a number of price, volume and combined price-volume indicators. In contrast to other scripts which can detect divergences, this indicator re-evaluates the status of each divergence at every confirmed candle. Divergences are potential when they are first detected. They can later be confirmed if...
TMO - (T)rue (M)omentum (O)scillator) MTF (Higher Aggregation) Version TMO calculates momentum using the DELTA of price. Giving a much better picture of the trend, reversals & divergences than most momentum oscillators using price. Aside from the regular TMO, this study combines four different TMO aggregations into one indicator for an even better picture of the...
Overview: One-stop shop for all your divergence needs, including: (1) A single metric for divergence strength across multiple indicators. (2) Labels that make it easy to spot where the truly strong divergence is by showing the overall divergence strength value along with the number of divergent indicators. Hovering over the label shows a breakdown of each...
This is just a script that combines 4 BB%B oscillators in one. It is useful for seeing multiple divergences on one graphic. The default setting is the 1m time frame but, you can change it to 5m time frame and it will still work. You can see it on any CHART time frame and that was my goal when I made it. So, I don't have to switch back and forth. I made this tool...
█ OVERVIEW A fast and improved divergence finding algorithm that aims to be better than the built-in TradingView divergence algorithm. █ CONCEPTS Wolfpack Wolfpack is an oscillator made popular by darrellfischer1 all the way back in 2017. Since then the Wolfpack oscillator has been utilized by a number of notable strategy/indicator creators. At some...
Kase Peak Oscillator is unique among first derivative or "rate-of-change" indicators in that it statistically evaluates over fifty trend lengths and automatically adapts to both cycle length and volatility. In addition, it replaces the crude linear mathematics of old with logarithmic and exponential models that better reflect the true nature of the market. Kase...
============ ENGLISH ============ - Description: This indicator is a modification of the common KDJ, as you may know the KDJ is just a Stochastic (K+D) with an extra line which is J, the J line can be used as "movement strength" filter and also for overbought and oversold conditions anticipating the K and D. In this particular modification I've tested many...
Update of MACD indicator which shows the most recent, and developing, price action divergences with the histogram.
CFB-Adaptive, Williams %R w/ Dynamic Zones is a Jurik-Composite-Fractal-Behavior-Adaptive Williams % Range indicator with Dynamic Zones. These additions to the WPR calculation reduce noise and return a signal that is more viable than WPR alone. What is Williams %R? Williams %R , also known as the Williams Percent Range, is a type of momentum indicator that...
PPO w/ Discontinued Signal Lines is a Percentage Price Oscillator with some upgrades. This indicator has 33 source types and 35+ moving average types as well as Discontinued Signal Lines and divergences. These additions reduce noise and increase hit rate. What is the Price Percentage Oscillator? The percentage price oscillator (PPO) is a technical momentum...
Indicator showing potential momentum divergences on MACD Momentum. The problem with the classic divergence is that when the signal appears, it is sometimes too late to enter a trade . The potential divergence corrects this problem by signaling the beginning of a potential divergence . MACD is a momentum indicator that offers relevant insights with...
This is a combination of - RSI (relative strength index) - MFI (money flow index) - Divergences on the RSI MFI behaves much the same as RSI but it more responsive/to some degree a leading indicator. I find it helps having this overlayed with RSI to help gauge price action and sentiment, as well as for confluence with RSI.
This is a simple and easy-to-read momentum indicator that can help you identify divergences and shifts in momentum. A divergence is when price moves in one direction but the indicator moves in the opposite direction. This typically is a sign of price exhaustion and can indicate that price is about to reverse, at least momentarily. Here is a comparison with RSI...
✔ Intro As a day trader, this is one of my main strategies to trade with, I have been developing this strategy last 6 months. this strategy helps me make great trades more confident. I wish this could help you make great trades as well ✔ OVERVIEW This is a combination of linear regression for trend analysis and auto plot channel and divergences for 9...