Calculate price (in terms of volume) of price change. Take average of this.
How to interpret:
- if line goes up it presumably indicate the resistance to move in the given direction
- if line goes down it presumably indicate no resistance to move in the given direction
This Script uses the original code from the 'PPO Divergence alerts' by Scarf
Only difference is the OBV Ocilator by lazybear is used as the input instead.
Adjust the smoothing setting as required to change sensitivity for alerts.
Feel free to contact me if you would like more info.
SPYDERCRUSHER MARKET RESEARCH
There are many markets, strategies, and investment timeframes, but one thing never changes – accurate, timely information makes a huge difference to your bottom line results.
The SPYderCrusher Market Research Analysis Suite takes the guesswork out of price changes with clear, actionable data, supported by extensive quantitative...
MACD-X, RSI & Volume Indicator Study - Version 2.0
Overview
This study and it's associated strategy were modeled after the famous Philakone described algorithms on his now defunct instructional video series.
This indicator allows for full customisation of parameters and interaction between three indicators that allow users to shape their trading methods to...
MACD-X, RSI & Volume Indicator Strategy - Version 2.0
Overview
This strategy and it's associated study were modeled after the famous Philakone described algorithms on his now defunct instructional video series.
This indicator allows for full customisation of parameters and interaction between three indicators that allow users to shape their trading methods...
Top Finder is an automated cryptocurrency signals and analysis tool which uses a complex algorithm involving multiple indicators, trends, and cross-overs including proprietary formulas developed in-house to predict the top or near top price of cryptocurrencies. It also works well on stocks, gold, oil and forex, even soybeans!
Top Finder is the sister indicator to...
“Rascalp” indicator is developed for intraday trading purposes. The most
appropriate time-frame is 15 min (still it can be used for other short-term periods
like 5 min, 30 min or 1 hour).
Indicator generates 4 different levels of signals with recommended trade
volume multipliers:
