This is a potential solution to dealing with the inherent lag in most filters especially with instruments such as BTC and the effects of long periods of low volatility followed by massive volatility spikes as well as whipsaws/barts etc.
We can try and solve these issues in a number of ways, adaptive lengths, dynamic weighting etc. This filter uses a non linear...
The DecisionPoint Price Momentum Oscillator (PMO) is an oscillator based on a Rate of Change calculation that is smoothed twice with custom exponential moving averages. Because the PMO is normalized, it can also be used as a relative strength tool.
PMO can be used in many ways:
- PMO can be used to determine the OB/OS state. While the +2.5 to -2.5 is the usual...
A simple script that plots the difference between the %ROC of price vs the %ROC of RSI, AKA the % of divergence. A simple way to analyze how strong a potential divergence is. Top reversals are above 0, bottom reversals are below. A value of 0 means price and RSI are changing by the same % value. So, if oscillator is moving up as price moves up, it means...
User request. A tuned version of the built-in True Strength Index (TSI) indicator with the following options included:
TSI - Signal Histogram
TSI/Signal Crossovers
TSI/Signal Ribbon
Bands breakouts highlighting
Zero line crossovers background
This indicator was originally developed by Edwin "Sedge" Coppock (Barron's Magazine, October 1962).
Specially for @AlexMayorov :
1) Buy when indicator crosses the zero line upside
2) Sell when indicator crosses the zero line downside
Relative Volume ( RVol ) is a critical measure of volume flows. It measures current volume in relation to the "usual" volume for this time of the day.
Rate of Change ( RoC ) is a momentum-based technical indicator that measures the percentage change in price between the current price and the price a certain number of periods ago.
Hello traders!
This indicator was originally developed by Paul L. Dysart in the 1930s and then described and popularized by Norman G. Fosback in his book "Stock Market Logic: A Sophisticated Approach to Profits on Wall Street"
Like and follow for more cool indicators!
Happy Trading!
Quick Summary
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The Relative Rate of Change (RRoC) is an expanded version of the classic Rate of Change (RoC) indicator - we apply couple of changes to bring additional insights and signals from that classic Technical Analysis concept - which can help us better visualize the "relative speed of change" of a stock (or whatever we trade), and can work...
For completeness of Relative Strength studies, the Relative Strength based on rate of changes (ROC) with weighting is coded and presented as well.
The RS.ROC is similar to the formulation of RS by IBD before rank among all the stocks in the market.
The lookback period is relaxed for customizing. Once you set the total lookback period, representing the 4Q, in the...
This script shows the angle of 6 EMAs to perform trade analysis. The EMA angle is also known as its Rate Of Change ( ROC ). The 6 EMAs (I, II, III , IV, V and VI ) default lengthes come from one of the Fibonacci Phi^3 and Phi^3/2 sub series (17, 34, 72, 144, 305 and 610), but can be changed to any values, particularly to the traditionally used 20, 40, 50, 100, 200...
Adds some depth to the traditional rate of change (ROC) indicator. Instead of just having one ROC line with a single lookback period, this takes a minimum lookback period, n , and plots 20 ROC lines with lookback periods of n, 2n, 3n, ..., 20n . These lines will appear green when greater than zero, red when less than zero, and yellow when equal to zero by...
Rate of change indicator based on Nick Radge's Weekend Trend Trader Strategy, with an added extra of EMA smoothing if you want it.
This indicator simply turns green when the rate of change is above a certain level (value is set in threshold)
Threshold is defaulted to 30 as outlined in the strategy rules
Measures the period's change in terms of the instrument's value (e.g. pip, dollar, etc) instead of as a percentage. I generally use it on a daily time frame with a period=1 to see how the current day's move compares with prior days' moves in order to gain a perspective into how this move ranks historically.
![EURUSD: DecisionPoint Price Momentum Oscillator [LazyBear]](https://s3.tradingview.com/5/5e9WBJwE_mid.png "DecisionPoint Price Momentum Oscillator [LazyBear]")
![BTCUSD: Insync Index [LazyBear]](https://s3.tradingview.com/k/klczcNre_mid.png "Insync Index [LazyBear]")
