Since my " MACD & RSI+Stoch + Divergences" is a heavy script
I've split the script in 3 separate ones:
- Stoch RSI
Default settings are without lines (faster)
If you want to see the lines, enable the "Just show Arrows (No Lines)" button
When the message "Calculation timed out.Remove the indicator and reapply it to the chart" is...
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
// stochastic // divergence // stoch //
Same as my protected script but you can now see the code
This Study plots divergences and overlays a second %K as a fractal and changes the color of %D for the non fractal
Option to use Stochastic RSI for Fractal
Background Shading according to trend
Feel Free to change the indicator values to suit your style / system
The divergence script is thanks to...
📊Apirine Stochastic MACD w/ MA Selection by Cryptorhythms
Had to re-release due to moderation.
This happens to be my first open source indicator, hope you all enjoy it!
This indicated is ported from November 2019 issue of TASC. “The Stochastic MACD Oscillator” in this issue, author Vitali Apirine introduces a new indicator created by...
(not sure why the text in the image above is messed up; it looked good before publishing. The oscillators above are (from top to bottom) StochOBV, OBVOSC (LazyBear), OBV)
Applies the Stochastic Oscillator to OBV the same way StochRSI applies the Stochastic Oscillator to RSI.
- Bounded between 0 and 100, so it may be used for overbought/oversold...
Just a basic indicator I rigged up to help reduce screen real estate that ended up providing more insight than expected; overlays both the stochastic and stochastic RSI. While I initially made this to save space, I've begun to pick up on some interesting patterns in cryptocurrencies based on the divergence of stochastic from the stochastic RSI, and the comparison...