Corrected RSI w/ Floating Levels is an RSI indicator with floating levels that attempts to determine the periods of flat and trending periods Regular RSI value is also displayed (in order to help to determine a trend) but the main value is the "corrected" value. Usage is simple: possible trend change on a color change. For "trend traders" possible usage of...
Price-Filtered Spearman Rank Correl. w/ Floating Levels is a Spearman Rank Correlation indicator with optional source filtering and floating levels. What is Spearman rank correlation? Spearman rank correlation, also known as Spearman coefficient is a formula used to identify the strength of the link between two datasets. This coefficient is a method that can...
PA-Adaptive MACD w/ Variety Levels is a Phase Accumulation Adaptive MACD with both floating and quantile levels. This is tuned for Forex. You'll have to adjust the Phase Accumulation Cycle settings to work for crypto and stock markets. What is MACD? Moving average convergence divergence ( MACD ) is a trend-following momentum indicator that shows the...
Smoothed Repulse w/ Floating Levels indicator measures and displays the bullish or bearish pressure associated with each price candlestick in the form of a curve. It is more relevant when compared to price and offers valuable additional information on the feeling and confidence that traders have about the markets. This version can use one of the 4 basic...
Corrected QWMA (Quadratic Weighted Moving Average) is the "corrected" version of QWMA. There are other attempts on TradingView to create the QWMA, this is the correct version with weighting applied to the lookback period. "Correcting" is a process where the value of the average is checked for the significance (how big is it) of change. For that, a standard...
STD Adaptive ADXm w/ Floating Levels is a standard deviation adaptive ADX indicator with adaptive floating boundary levels What is the ADX? Trading in the direction of a strong trend reduces risk and increases profit potential. The average directional index (ADX) is used to determine when the price is trending strongly. In many cases, it is the ultimate trend...
Adaptive Supertrend w/ Floating Levels is a Supertrend indicator made adaptive by comparing the coefficient of determination / average of the least squares. The basic concept is this: use correlation with an r-squared line to adapt the period of the indicator, thereby resulting in a more versatile Supertrend. This adaptive formula makes the Supertrend more...