This code for Oscillator of Moving Averages (OsMA) is based on MACD 4C indicator code published by vkno422 . Many thanks to vkno422. I have borrowed the concept of 4 colours which I find very useful.
For those who are not familiar with OsMA, it is histogram of difference between MACD (oscillator) and its MA (signal line). The zero line cross over of this...
This is the Matrix oscillator made by glaz. So credit goes to him.
I made some minor modifications to it:
1. added a zeroline
2. added 3 options to color bars/candles depending on:
- if the oscillator is above/below 0
- if it's oversold/bought*
- if the matrix has a green bar or a red
That's all :)
Using a formula that is generally used for calculating investment over time to check gains on a commodity.
Geometric mean as described here: www.investopedia.com
BUY & SELL PRESSURE Oscillator
Ver. 2.0 XelMod
WHAT'S THIS?
This is an UPDATED version of a previous script already posted.
List of changes from previous script:
Separated as Column Histogram just the Regressive (Rate-Of-Change) Force of the indicator which gives a faster response of the trend.
Default period is now set to 81, as better Oscillator...
BUY & SELL PRESSURE by Regression Analysis at candle price/volume (Rate-Of-Change)
Ver. 3 By Ricardo M Arjona @XeL_Arjona
DISCLAIMER:
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading...
STRONG TREND REVERSAL INDICATOR
The code is the percentage difference between the spot price of a given financial asset and its 200-day MA of that period. My standard setup is Daily, and I think it's got very good predictive power at that timeframe.
It can be read in two ways:
1. Values extremely above or below the 200-period MA present chances of buying/selling...
Use
Compare alt coins to the "altcoin index", an average of a selection of alt coins.
Above zero means the coin you are viewing is worth more than the index, indicating the possibility of overbought.
Below zero indicating the opposite, a possibility of oversold.
Press the cog icon to select which alt coins you want included in the index.
Notes
The coins in the...
Purpose
This will give indication as to whether a specific altcoin is overbought or oversold, as determined by it's difference from the "altcoin index".
if the current security is above the index, the oscillator will show above zero.
if the current security is below the index, the oscillator will show below zero.
Use
Add it as an indicator while looking at...
Power oscillator to discern what currency's are stronger/weaker.
added option to use a smoothed source(close) for pooling the change, giving longer term directional bias, note that this causes lag in the results as MA's turn slower than price.
USI:TICK
FX:SPX500
CME_MINI:ES1!
High/Low/Close/SMA of $TICK
Changes:
editable SMA lenght of HL/2 instead of ema of ohlc4. (green line)
added close (yelllow).
added 4 more editable lines.
![EURUSD: [RS]RSI Inverse Fisher Transform V1](https://s3.tradingview.com/m/mNmC5Yw2_mid.png "[RS]RSI Inverse Fisher Transform V1")
![USOIL: [RS]RSI Inverse Fisher Transform V0](https://s3.tradingview.com/i/iSZ2we5u_mid.png "[RS]RSI Inverse Fisher Transform V0")
![USOIL: [RS]Double Fisher Transform V0](https://s3.tradingview.com/o/ONqADQcJ_mid.png "[RS]Double Fisher Transform V0")
![EURUSD: [RS]Multiple Majors Currency Basket Power Oscillator V1](https://s3.tradingview.com/a/acRbNhH8_mid.png "[RS]Multiple Majors Currency Basket Power Oscillator V1")
![EURUSD: [RS]Multiple Majors Currency Basket Power Oscillator V0](https://s3.tradingview.com/j/JdOl7oYm_mid.png "[RS]Multiple Majors Currency Basket Power Oscillator V0")
