This indicator is a deviation of a Center of Gravity Oscillator corrected for the diminishing returns of Ethereum. I've set up this indicator for it to be used on the weekly timeframe . The indicator oscillates between 0 and 10, where 0 indicates oversold conditions and 10 indicates overbought conditions. What is interesting is that it is not particularly ideal...
A mathematically elegant, native & modern way how to measure velocity/ strength/ momentum. As you can see it looks like MACD, but !suddenly! has N times shorter code (disregard the functions), and only 1 parameter instead of 3. OMG HOW DID HE DO IT?!? MACD: "Let's take one filter (1 parameter), than another filter (2 parameters), then let's take dem difference,...
This is an anti-curve fitting strategy that has no value inputs for the strategy settings. It just works , as they say. This is based on the @KINSKI Buy-Sell Signal , but also incorporates other confluence (an MACD and histogram) and incorporates it into a fully automatable strategy with customizable order settings and quantity calculations. The strategy has...
An oscillator is a technical analysis tool that, simply said, gauge momentum, determine market trend direction and duration. For some oscillators, fluctuations are bounded by some upper and lower band, and traders use them to discover short-term overbought or oversold conditions. Oscillators are often combined with moving average indicators to signal trend...
The Parabolic RSI is a fusion between two of Welles Wilder Jr.'s indicators: * The parabolic stop-and-reverse: A trend following overlay indicator. * The relative strength index: A contrarian indicator bounded between 0 and 100. The parabolic RSI applies the RSI formula on the parabolic stop-and-reverse which in turn is applied on the market price. The main aim...
VADER-DEB is not really a new indicator - This is a "visually enhanced" version of the Volume-Accelerated Directional Energy Ratio (VADER) I recently published - here's the direct link to read more about how RedK VADER works and how to use it (click the chart below to visit the link) The visual improvements I added in VADER-DEB helps bring more insight about...
This indicator operates in the relative power region. By comparing the RSI indicator with its average, it aims to show the momentum with a color change if the indicator is above its average and the stochastic rsi has crossed them all. it is showing trend momentum by colour changes. Depend on colours, You can detect trend reversal. It also shows the power of...
MACD with Buy & Sell signal. When MACD line cross up signal line, BUY signal appear. When MACD line cross down signal line, SELL signal appear.
Introducing my most powerful Center Of Gravity indicator yet. Loaded with 2 oscillators COG XL will help you find all kinds of entries and avoid bad ones. Oscillator 1 is developed to show momentum and trend. It also highlights how far price action is moving from its center point. This is a great tool for finding pullback entries and will help you bet with the...
The Adaptive Momentum Base, (AMB), is a momentum based indicator which measures the momentum change in the recent candles and changes the colour of bar which it occurred on. Momentum is used as a confirmation to show that the market may move in favour of your direction if the momentum is present for that direction. Trade Example: If you have long/short...
SignalsPirate™ Oscillator Divergences is the ultimate tool for divergence traders! With this all in one Oscillator package, you can quickly check bullish, bearish, regular and hidden divergences on all popular Oscillator indicators! The main inputs for this divergence package are the ‘Lookback Length’ and ‘Indicator Smoothing’. The loockback simply determines...
█ Pro Divergence is my new divergence-based toolkit that will help you to spot lucrative opportunities in all kinds of markets. I've developed toolkits and strategies that use divergences for many years, e.g. AutoDivergence and CCIDivergence . Pro Divergence is my latest development and benefits from those yearlong experiences. The main algorithm to detect...
The Momentum Ribbon is a collection of Moving Averages which indicate the severity of pull-backs in a given market. As the ribbon spreads apart, it indicates more and more significant support/resistance for a trending market. As it is compressed back together, it displays a blue colour to indicate a "cooling" of trend momentum. Adjustable Moving Average periods...
Moving Average Convergence Divergence – MACD The most popular indicator used in technical analysis , the moving average convergence divergence ( MACD ), created by Gerald Appel. MACD is a trend-following momentum indicator , designed to reveal changes in the strength, direction, momentum, and duration of a trend in a financial instrument’s price Historical...
and good and cci byu1 to sell This indicator selects and tests all indicators
How I Never Trade Against the Trend "Today I want to reveal another amazing tool in my arsenal when it comes to intraday trading. Now this is only for intraday time frames and not for swings or anything longer than few minutes to few hours ." from Tic Tock Trading Substack credit to Vincente
Momentum Bars (Mo_Bars) offers a different way to visualize (relative) momentum - and uses some simple TA concepts to provide a different perspective into how we read momentum changes and incorporate that in our trading. The idea here (and the script itself) is really super simple, and is (very loosely) inspired by Elder's Impulse System (EIS) - then evolved to...
This script implements a variation of the Rob Hoffman's Inventory Retracement strategy, with entries being triggered by inventory retracement candles. Various confirmation parameters are available, such as EMA slope for momentum confirmation multi-timeframe EMA multi-timeframe Ehler's mother of all moving averages volume confirmation Position...