This custom indicator combines the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) into a single trading tool. It calculates the MACD and RSI values, then averages these two indicators to create a composite line. This average line is intended to capture the momentum and relative strength of the market simultaneously, potentially...
Initial Capital: The strategy starts with an initial capital of $50,000. Execution: Trades are executed on every price tick to capture all potential movements. Contract Size: The default position size is one contract per trade. Timeframe: Although not explicitly mentioned, this strategy is intended for a one-minute timeframe. RSI Calculation: The Relative Strength...
Introducing the "Cycle Oscillator" by OmegaTools, an innovative addition to your TradingView analysis toolkit. This script is designed to offer a unique approach to understanding market cycles without the need for volume data, making it versatile across various market conditions and asset classes. Key Features: - Cycle Length Customization: Tailor the cycle...
Components of the Indicator RSI Settings: The RSI is set with a length parameter, which can be adjusted by the user but defaults to 14. This measures the speed and change of price movements. MACD Settings: The MACD is composed of two lines: the MACD line and the signal line, which are calculated from exponential moving averages (EMAs) of different lengths...
The only difference from the classic MACD is that this one is calculated with VWMA instead of sma. Why do I prefer it? Classic MACD does not include volume. But MACD - VWMA includes volume as well. How to use it? Whatever you do with MACD, you can do with this. However, if my other indicators meet the conditions, I check MACD - VWMA and if I see that Macd is...
The FVG Oscillator, developed by OmegaTools and available on TradingView, is a specialized analytical tool designed to offer traders insight into the market's potential direction through the lens of Fair Value Gaps (FVGs). This script combines traditional oscillator functionality with a unique focus on FVGs, providing a nuanced approach to understanding market...
Improved version of MACD with asymmetrical BUY and SELL approaches. This indicator is based on popular MACD one, but with some "tricks" designed to make it more applicable to the rapidly changing crypto market. Key benefits: Dynamic auto-adjusted threshold to filter out weak signals Highlighted BUY/SELL signals with divergence (if a signal is...
The "ROC Since Morning" indicator is designed for traders who wish to gauge the momentum of an asset from a specific time in the morning, allowing for a customizable analysis of pre-market and intraday movements. This indicator calculates the Rate of Change (ROC) from a user-defined hour, offering insights into how the price has moved since then. How to Use: Add...
Sharpen your analysis of market trends with the CCI indicator. Effectively evaluate market cycles and identify potential reversals, enriching your strategic planning. This connectable CCI indicator is part of an indicator system designed to help test, visualize and build strategy configurations without coding. Like all connectable indicators , it interacts...
Enhance your market insight with the MACD indicator. Monitor momentum to make more informed trading decisions, facilitating the development of stronger strategies. This connectable MACD indicator is part of an indicator system designed to help test, visualize and build strategy configurations without coding. Like all connectable indicators , it interacts...
█ OVERVIEW Trade Scanner Pro is a trade signal generator based on my trend following momentum reversal system. It identifies a pullback and then confirms momentum exhaustion which produces a signal appearing as a set of suggested orders (horizontal lines) on the chart. The goal is to help traders capitalize on price momentum while simplifying decision making and...
The Giga Kaleidoscope GKD-C Derivative Oscillator is a Confirmation module included in AlgxTrading's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Derivative Oscillator, a brief overview The Derivative Oscillator is a technical analysis tool used in trading that merges the concepts of the Relative Strength Index (RSI) and the double smoothed...
The Giga Kaleidoscope GKD-C Momentum Candles is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Momentum Candles The Momentum Candles indicator uses the difference between the closing and opening prices divided by the Average True Range (ATR) over 50 periods to calculate momentum. It sets upper and lower...
The Giga Kaleidoscope GKD-C Schaff Trend, Volty-adaptive RSX is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Schaff Trend, Volty-adaptive RSX The "Schaff Trend Cycle Jurik Volty Adaptive RSX" merges sophisticated analytical techniques to offer nuanced insights into market trends and cycles, emphasizing...
The Giga Kaleidoscope GKD-C Composite Index is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Composite Index The Composite Index is a sophisticated technical analysis tool that enhances the traditional Relative Strength Index (RSI) by incorporating momentum and multiple time frame analysis. It calculates two...
The Giga Kaleidoscope GKD-V Stiffness is a Volume/Volatility module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-V Stiffness The stiffness indicator quantifies the market's momentum by analyzing the relationship between price movements and volatility over a specific time frame. It employs a moving average to smooth out price data,...
Momentum Velocity Main Features: - Momentum Based Oscillator - Divergences - Overbought and Oversold Conditions based off a VZO - Alert Conditions - Ability to make Adaptive - Big User input menu for customisation The Momentum Velocity indicator is based on the principle of momentum , which is a measure of the rate of change or the speed at which...
Moving Averages (MA): Two moving averages are plotted on the chart: a fast MA (blue line) and a slow MA (red line). The fast MA is calculated using a shorter period (10 periods by default), while the slow MA is calculated using a longer period (30 periods by default). Moving averages help identify trends by smoothing out price fluctuations. When the fast MA...