Shows RSI divergences in real time (as soon as bar closes in divergence instead of waiting for an RSI pivot).
There are alerts included on these events so you are immediately made aware of divergence.
Adjustement:
It works by detecting a break of a previous high or low and then comparing the RSI value at the last break to the current break. Therefore, by...
Stochastic Divergence
Plain simple way of calculating divergences
We all have times when we want to see just the divergences and nothning else
This script is minimalised to visualize that
references :
// stochastic // divergence // stoch //
Here's a standard RSI with an EMA added on the RSI. I've added horizontal lines for the middle and a middle zone and then also added background fills for the zones.
Stochastic Relative Strength Index developed by Tushar Chande and Stanley Kroll.
This script has been written to eliminate the period variable.(Integer)
Thus, it can be used comfortably in adaptive period scripts ! (For example : Adaptive Moving Average , KAMA , FAMA .. etc. )
All efforts goes to ChaosTrader () ,
RicardoSantos () ,
Hpotter for barcolor...
This script implements price divergence module using signals from several factors like:
RSI, RSI Stochastic, MACD, Volume MA, Accumulation/Distribution, Fisher Transform and CCI
ATR shows volatility. The sma of the ATR (default=14 period) shows the average volatility over the look-back period, (default=200 period.)
When volatility is higher than average, the histogram turns green. When volatility is less than average, the histogram turns red. This shows volatility expansion and contraction. Volatility expansion is a good confirmation for...
This is a modification of original Stochastic RSI oscillator, but with addition of highlighted death and golden crosses. It also allows you to receive alerts: "Stochastic RSI: Death cross on 4hours"
This is a very powerful Williams' Vix Fix indicator.
My implementation of this wonderful indicator features both up and down movements. Both up & down flavors have two versions (fields tp and tp2, each having two values). Color can be reversed as desired (rev). By default colors show continuation, reversed colors show reversion (as intended originally).
