How to detect the current "market beat" or market cycle? A common way to capture the current dominant cycle length is to detrend the price and look for common rhythms in the detrended series. A common approach is to use a Detrended Price Oscillator (DPO). This is done in order to identify and isolate short-term cycles. A basic DPO description can be found...
This is an updated version of the 'Momentum Trader' by user ProfitProgrammers + the 'Bollinger Bands %b & RSI & Stochastic Smoothed Indicator & Alert' by the user Zamboniman. Links to those original scripts are below: script/7S49kLWh-Bollinger-Bands-b-RSI-Stochastic-Smoothed-Indicator-Alert/ script/OMULR9es-Momentum-Trader/ The only real updates are so that it...
This is a simple but efficient indicator. Its made from an oscillator, which is calculated from the current close price with the highest high and the lowest low over a period of time. This way we can see how much prices has changed over a X ammount of candles ( in positive or negative ) .
This is the United States inflation rate, based on the total Consumer Price Index published by the U.S. Bureau of Labor Statistics. Option to toggle: A line to display the inflation rate in December. It does not change until the next December. What the color change to red is indicative of: According to the Federal Open Market Committee (FOMC) regarding...
Just a bunch of neatly displayed commonly used/_reused_ indicators that I mainly use alongside cross-correlation. Simply put, this script might help other traders to enter trades indicative of moves to the upside/downside and want to see more confirmation such as crosses and/or confluence areas. Feel free to customize to your liking and adjust the options as...
This study combines two versatile momentum indicators : Chande Momentum Oscillator: -Measures trend strength, with higher absolute values meaning greater strength. -Also tracks divergence. When price increases, but is not accompanied by an increase in Chande Momentum Oscillator values, it signifies bearish divergence and a reversal is likely to follow. -Shown...
Simple redo of PPO using ALMA ------------------------------------------------------------------------------------------------------------------------------------------- If you find it useful please consider a tip/donation : BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA
This indicator is based off of the ChrisMoody CM_Laguerre PPO PercentileRank V2 Mkt Tops & Bottoms and The Lark's Laguerre PPO code. I changed it to use basic moving averages rather than Laguerre, including changing the inputs to MA lengths so that you can coordinate the indicator with other filters more easily. I also added the option to change the input price...
MACD/PPO Indicator, with optional faster EMA's to reduce lag. -Use "MA TYPE" to select SMA, EMA, Double-EMA, Triple-EMA, or Hull as the MACD Source. Default is 'EMA'. -Use "FAST MA" and "SLOW MA" to set the fast and slow period lengths. -Use "SIGNAL TYPE" to select SMA, EMA, Double-EMA, Triple-EMA, or Hull as the Signal formula. Default is 'EMA'. -Use "SIGNAL...
VWAP on PPO but not PPO. Two histograms, with the second one being SMAs of the first and signals color/trend change. 1.0 - Release Framework laid out Power level readings should be within 9000
The Percentage Price Oscillator (PPO) is a momentum oscillator that measures the difference between two moving averages as a percentage of the larger moving average. As with its cousin, MACD, the Percentage Price Oscillator is shown with a signal line, a histogram and a center line. Signals are generated with signal line crossovers, center line crossovers, and...
Script requested by @sergebtpepper7, hope it will serve someone else :) You can use it and modify it by your needs.
This is a more advanced version of the standard moving average convergence/divergence indicator (MACD). It allows you to change the type of all moving averages (Simple, Exponential, Weighted, Volume-weighted, Triple EMA or a moving average that uses RSI). By for example setting the period to 3/10/16 and use simple moving averages instead of exponential moving...
4 Colored Laguerre PPO lime = positive rising green = positive descending red = positive descending maroon = positive rising Enjoy :) www.tradingview.com(PPO) The Laguerre Filter is a smoothing filter based on Laguerre polynomials.
This PPO is inspired by Stock Chart default Gallery view. Very well appreciated