🌟 Introducing MomentumCloud.V33 🌟 MomentumCloud.V33 is a cutting-edge indicator designed to help traders capture market momentum with clarity and precision. This versatile tool combines moving averages, directional movement indexes (DMI), and volume analysis to provide real-time insights into trend direction and strength. Whether you’re a scalper, day trader, or...
Correlation coefficient is a measure of the strength of the relationship between two values. It can be useful for market analysis, cryptocurrencies, forex and much more. Since it "describes the degree to which two series tend to deviate from their moving average values" (1), first of all you have to set the length of these moving averages. You can also retrieve...
The CBOE VIX is a well-known index representing market expectations for volatility over the next 30 days. The CBOE SKEW is an index reflecting the perceived tail risk over the next 30 days. When the SKEW rises over a certain level (~140/150), that means investors are hedging their exposure with options, because they are worried about an incoming market crash or a...
The Top/Bottom Finder is a unique indicator that looks for market tops and market bottoms in real time without repainting or lagging! When this indicator suspects that a market top is forming it changes the background of the chart to bright green. When this indicator suspects that a market bottom is forming it changes the background of the chart to bright red....