Trend Friendly RSI Unlike the standard RSI, "Trend Friendly RSI" adapts to the trend. RSI and other momentum-based oscillators cannot give a buy signal in uptrends and a sell signal in downtrends because they do not take into account the momentum of the trend and behave as if the price is in a constant sideways trend. "Trend Friendly RSI", on the other hand, takes...
BINANCE:BTCUSDT BYBIT:BTCUSDT BYBIT:ETHUSDT BINANCE:ETHUSDT DAP's OSCILLATOR: WHAT IS IT? This Oscillator was created to inspire confidence in the short-term trend of traders. This will work very well with a volatility metric (I recommend BBWP by @The_Caretaker) WHAT IS IT MADE OF? 1. Consists of a series of equations (mainly the difference between...
// Public Domain // By JollyWizard // For overlaying Heikin Ashi candles over basic charts, or for use in it's own panel as an oscillator. // Enjoy the visual cues of HA candles, without giving up price action awareness. // Good for learning and comparison.
Synthetic EMA Momentum w/ DSL is a momentum indicator that is calculated with 5 different EMAs of increasing period to derive a final momentum value. This helps reduce noise and improve signal quality. Discontinued signal lines are uses to calculate signal values. What are DSL Discontinued Signal Line? A lot of indicators are using signal lines in order to...
Smoother Momentum MACD w/ DSL uses two different EMA calculations to derive momentum and then calculates the MACD between those momentum outputs. This indicator uses a variation of Discontinued Signal Lines for the breakout/breakdown/reversal signals . There are three different signal types: middle, levels, and slope. I've also added alerts and signals. The...
This is Momentum indicator based on "Chiko-span" of Ichimoku Kinko-Hyo. Differ from normal momentum indicator, this indicator is using "close" and "open" as default parameter which is based on 9 week-candle chart Invented by Ichimoku-Sanjin. And, It is located 26 period before to match chiko-span. (Parameters can change as you like) The usage is same as normal...
This indicator defaults to; Period: 20 Look Back For Momentum :5 OverBought: 80 OverSold :20 of a Relative Momentum Index indicator; 1- RMI value according to the candle duration selected in the chart, (black) 2- RMI value according to pure 3D candles with the security() function, (blue) 3- With the security() function, the RMI value according to pure 1W candles,...
Shout out to Lazy Bear, Bunghole, and Trading View for script code for this make. In this study you will have a visual representation of the strength and momentum of a trend and possibilities of where the market is heading. You can use the Blue and White momentum waves to spot divergences in a up oe down trend for potential reversals. When a green dot appears...
Dynamic Zones Polychromatic Momentum Candles is a candle coloring, momentum indicator that uses Jurik Filtering and Dynamic Zones to calculate the monochromatic color between two colors. What is Jurik Volty used in the Juirk Filter? One of the lesser known qualities of Juirk smoothing is that the Jurik smoothing process is adaptive. "Jurik Volty" (a sort of...
Introducing the BBboss Stoch Trading Suite ***Note*** This indicator's parameters and settings are specifically used for bitcoin technical analysis. Best used on the lowest time frame chart. (15m - 1h) Definitions: Volatility is a statistical measure of the dispersion of returns for a given security or market index, measured by the standard deviation of...
Indicator showing potential momentum divergences on MACD Momentum. The problem with the classic divergence is that when the signal appears, it is sometimes too late to enter a trade . The potential divergence corrects this problem by signaling the beginning of a potential divergence . MACD is a momentum indicator that offers relevant insights with...
Indicator showing potential momentum divergences on Moving Average's Slope. The problem with the classic divergence is that when the signal appears, it is sometimes too late to enter a trade . The potential divergence corrects this problem by signaling the beginning of a potential divergence . Moving average slope is a momentum indicator that offers relevant...
This oscillator attempts to provide context to John Carter's "TTM Squeeze" indicator. Similar to my MAR° indicator, statistically significant areas based on the past n candles (Lookback) are calculated to provide context for the y-axis values of the TTM indicator. Note that Carter's squeeze idea has been dropped in favour of the regression bands, in that they...
Fast and Slow Trend-Line Momentum is a momentum indicator using FATL, SATL, RFTL, & RSTL Digital Filters What is FTLM-STLM? Fast Trend Line Momentum (FTLM) and Slow Trend Line Momentum (SLTM) indicators show the rate of price change, FATL and SATL are calculated the similar way as Momentum indicator. FTLM(bar) = FATL(bar) – RFTL(bar) STLM(bar) = SATL(bar) –...
Heavily modified version of my previous "Relative Aggregate Strength Oscillator" -Added high/low lines, alma curves,, lrc bands, changed candle calculations + other small things. Replaces the standard RSI indicator with something a bit more insightful. Credits to @wolneyyy - 'Mean Deviation Detector - Throw Out All Other Indicators ' And @algomojo - 'Responsive...
The Multi-timeframe momentum indicator is similar in concept to a velocity indicator like rate-of-change, but visualizes smoothed price changes by applying an EMA and linear regression to price difference at every bar. Momentums from 1 minute to 1 quarter are plotted on a single chart using the request.security function. Standard and Fibonacci timeframes are...
STD Aadaptive, floating RSX Dynamic Momentum Index is an attempt to improve Chande's original work on Dynamic Momentum Index. The full name of this indicator is "Standard-Deviation-Adaptive, floating-level, Dynamic Momentum Index on Jurik's RSX". What Is Dynamic Momentum Index? The dynamic momentum index is used in technical analysis to determine if a...
This is a simple and easy-to-read momentum indicator that can help you identify divergences and shifts in momentum. A divergence is when price moves in one direction but the indicator moves in the opposite direction. This typically is a sign of price exhaustion and can indicate that price is about to reverse, at least momentarily. Here is a comparison with RSI...