Hello Fellas, It's time for a new adaptive fisherized indicator of me, where I apply adaptive length and more on a classic indicator. Today, I chose the Z-score, also called standard score, as indicator of interest. Special Features Advanced Smoothing: JMA, T3, Hann Window and Super Smoother Adaptive Length Algorithms: In-Phase Quadrature, Homodyne...
The CARNAC Elasticity Indicator (EI) is a technical analysis tool designed for traders and investors using TradingView. It calculates the percentage deviation of the current price from an Exponential Moving Average (EMA) and helps traders identify potential overbought and oversold conditions in a financial instrument. Key Features: EMA Length: Users can...
Abstract This script evaluates how easy for traders to trade. This script computes the level that the gains were distributed in many trading days. We can use this indicator to decide the instruments and the time we trade. Introduction Why we think the trading markets are boring? It is because most of the gains were concentrated in a few trading days. We look for...
RSI Trend Detector is based on the Direction of PSAR. This indicator helps the easy detection of Trend Direction and Sideways Movement of Price. It was difficult to determine the RSI Trend Direction in a basic RSI indicator. one cannot decide the exact entry point where to enter. RSI Trend Detector helps with the direction of trend using PSAR direction which is...
The provided Pine Script code presents a comprehensive technical trading strategy on the TradingView platform, incorporating the Williams %R indicator, exponential moving averages (EMAs), and upper bands for enhanced decision-making. This strategy aims to help traders identify potential buy and sell signals based on various technical indicators, thereby...
The Bollinger Band Percentile Suite (𝐵𝐵𝒫𝒸𝓉 𝒮𝓊𝒾𝓉𝑒) is a comprehensive and customizable toolkit built upon the foundation of the %B indicator. The methodology behind this toolkit remains consistent with the original %B indicator, while introducing a host of powerful features to enhance its functionality and adaptability. Key Features and Customization: The 𝐵𝐵𝒫𝒸𝓉...
The Relative Strength Volume Comparison is a powerful tool that can help traders identify the current trend based on volume pressure and potential reversals. This oscillator is made of two lines and the overbought and oversold levels. Each of these two lines is a relative-strength formula that contains both the famous RSI and CCI formulas, smoothed by a Hull...
This non-repainting indicator is an improved version of my previous work, a more versatile tool designed to provide traders with dynamic and adaptive entry signals while incorporating a mean reversion and trend filtering mechanism. By combining RSI overbought/oversold, regular divergence and confirmatory momentum oscillator such as CCI or MOM, this indicator...
The Risk-Adjusted Return Oscillator (RAR) is designed to aid traders in predicting future price action by analysing the risk-adjusted performance of an asset. This oscillator is displayed directly on the price chart, unlike other oscillators. By considering the risk-return relationship, the indicator helps identify periods of overvaluation or undervaluation,...
"Top and bottom Hunter" indicator combines two popular technical analysis tools, Fibonacci retracement levels and the Relative Strength Index (RSI), to identify potential trading opportunities in the market. Fibonacci retracement levels are based on the Fibonacci sequence, a mathematical series where each number is the sum of the two preceding ones. In trading,...
█ Background information The Relative Strength Index (RSI) and the Exponential Moving Average (EMA) are two popular indicators. Traders use these indicators to understand market trends and predict future price changes. However, traders often wonder which indicator is better: RSI or EMA. What if these indicators give similar results? To find out, we...
"This code creates a technical analysis indicator used to calculate and visualize the WillyCycle oscillator and double moving average indicators on the price of a financial asset. The functionality can be summarized as follows: *Calculate the WillyCycle oscillator: The WillyCycle is an oscillator calculated based on the highest and lowest values of an asset. This...
what is Faytterro oscillator? An oscillator that perfectly identifies overbought and oversold zones. what it does? this places the price between 0 and 100 perfectly but with a little delay. To eliminate this delay, it predicts the price to come, and the indicator becomes clearer as the probability of its prediction increases. how it does it? This indicator is...
what is Faytterro Bands? it is a channel indicator like "Bollinger Bands". what it does? creates a channel using standard deviations and means. thus giving users an idea about the expensive and cheap zones. It uses a special weighted moving average different from standard bollinger bands, it also averages not only price but also deviations. how it does it? it...
what is Limited Fisher Transform? This indicator is a compressed version of the Fisher transform indicator between 100 and 0 values. what it does? It allows us to define overbought and oversold zones by compressing the values of the "fisher transform" indicator between 0 and 100. also these zones are the same for every timeframe and trading pair, just like...
RSI TREND Filter on Chart RSI scaled to fit on chart instead of oscillator, Trend Analysis is easy and Hidden Divergence is revealed using this indicator. This indicator is an aim to reduce confusing RSI Situations. The Oversold and Overbought lines help to determine the price conditions so its easy to avoid Traps. Oversold and Overbought conditions are marked...
— Overview Fair value bands, like other band tools, depict dynamic points in price where price behaviour is normal or abnormal, i.e. trading at/around mean (price at fair value) or deviating from mean (price outside fair value). Unlike constantly readjusting standard deviation based bands, fair value bands are designed to be smooth and constant, based on typical...
ABOUT THIS INDICATOR This indicator calculates the Stochastic RSI for the time frames 15 min, 30 min, 1h, 4h, and 12h. However, the 15 min time frame should always be the default time frame for your chart. IMPORTANT * NOTE! It's extremely important that the chosen time frame for your chart is 15 min. Otherwise the Stochastic RSI for the longer time frames won’t...