Cutlers' RSI is a variation of the original RSI Developed by Welles Wilder. This variation uses a simple moving average instead of an exponetial. Since a simple moving average is used by this variation, a longer length tends to give better results compared to a shorter length. CALCULATION Step1: Calculating the Gains and Losses within the chosen period. ...
For use with BTCUSD at 1 min. When the indicator is at a high of .30 it is overbought. When the indicator is at a low of -.30 it is oversold.
This is a variation of Wilder's RSI that was altered by Michael Harris. CALCULATION The average change of each of the length's source value is compared to the more recent source value. The average difference of both positive or negative changes is found. The range of 100 is divided by the divided result of the average incremented and decremented ratio...
Buying and selling pressure is a volatility indicator which denotes the balance between buyers and sellers inside candlestick. You set the length to average it just like ATR. But This offers further break down of participants of the market. Pretty much at any condition of the market the indicator can filter out interesting details to make trading decisions...
This is a vwap & vwma hybrid with upper & lower deviation bands that provide excellent price channels and reversal areas. It can be used on lower & higher timeframes, just increase the deviation % for higher timeframes. Try out the 1 minute timeframe with .5% deviation for great scalping levels. Here is the calculation used for the main line. (VWMA100 + VWMA500...
hi this is my script. Bank Nifty Live OI Change Chart can give very useful clues for intraday support and resistance levels for Bank Nifty. If there is more addition in Open Interest at 12200 Calls, that would mean most market players are comfortable writing call options at this level because they believe it to be a strong resistance. That would be bearish...
This indicator is similar in its operation to the ATR indicator. The change is that it is displayed on the chart and shows the value for the current candle, instead of being displayed as a chart under the price chart.
Boyle Trinomial Options Pricing Model is an options pricing indicator that builds an N-order trinomial tree to price American and European options. This is different form the Binomial model in that the Binomial assumes prices can only go up and down wheres the Trinomial model assumes prices can go up, down, or sideways (shoutout to the "crab" market enjoyers)....
Shows volume spikes over a certain threshold, using a symbol's volume moving average as the baseline. Offers a few different filters regarding candle shapes and types, in an attempt to catch quick moves on extremely low timeframes (sub-1m). Ultimately I would like to integrate this logic into an indicator that contains automated stop raid/inducement detection.
Implied Volatility Estimator using Black Scholes derives a estimation of implied volatility using the Black Scholes options pricing model. The Bisection algorithm is used for our purposes here. This includes the ability to adjust for dividends. Implied Volatility The implied volatility (IV) of an option contract is that value of the volatility of the...
The ICT Killzone and important times indicator. It highlights: London Killzone New York Killzone New York Lunch Hour New York Day End Hour Asian Range Judas Swing Time In addition to this, it highlights the US and UK holidays with a background color and a label, so that you don't miss any bank holiday and you are sitting in front of your charts and are...
The ICT Killzone and important times indicator. It highlights: London Killzone New York Killzone New York Lunch Hour New York Day End Rallye Asian Range Judas Swing Time In addition to this, it highlights the US and UK holidays with a background color and a label, so that you don't miss any bank holiday and you are sitting in front of your...
ENG RSI is usually used with closes but sometimes traders need to find out exact lows and highs while trading, therefore this script is written. Green plot is the RSI value according to highs and red plot is the RSI value according to lows. TR RSI genellikle mum kapanışlarına göre kullanılıyor ama bazen alım satım yaparken en dip ve en tepeleri yakalamak...
Based on Sohail anjum Ema crossing teaching Crossover alerts, only in trend 200 Ema (yellow line) make sure If the price is above the 200 EMA, you can prefer a long position and ignore short positions. If the price is below the 200 EMA, you are allowed to open only short positions and avoid long positions. Do not use this indicator alone, Use other recommended...
TMO - (T)rue (M)omentum (O)scillator) MTF Arrows Do you want to use TMO but you lack space on the chart? This study is just for you. This is the more user-friendly version of the TMO Oscillator. In terms of the indicator there are no changes except the indicator is converted in to the simple arrows. There are Four Types of Arrows: 1. TMO Arrow Up - Visualizes...
Money Flow Index (MFI) + Realtime Divergences + Alerts This version of the MFI indicator adds the following 5 additional features to the stock MFI: - 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...
RF+ Divergence Scalping System + Custom Signals + Alerts. This chart overlay indicator has been developed for the low timeframe divergence scalper. Built upon the realtime divergence drawing code from the Divergence for Many indicator originally authored by Lonsometheblue, this chart overlay indicator bundles several additional unique features and modifications...