piRSI Strategy is based on my relative strength index indicator pi RSI because it uses the first 15 sequential numbers in Archimedes constant "pi" 3.14159265358979.. I felt that the never ending, non-repeated number, pi, was a good candidate for an input that tracks the constantly changing trends these days. This is a price momentum strategy that helps you...
This indicator uses the concept of slopes and normalizes the values so that they are bounded between 0 and 100. The steps required to calculate the indicator are as follows: * Calculate the slope of the price using a lookback period (by default, it is either 14 or 21). The slope is calculated by subtracting the current close price from the close price 21 (or 14)...
This is version 1.0 FibVIP Strategy. It's based on my Fibonacci VIP indicator script. Fibonacci VIP (Fibonacci Volume Indicator Precision) is a volume indicator that I made to help me have precise entry and exit timing. It's based on the well-known Fibonacci sequence 1, 2, 3, 5, 8, 13, 21, 34, 55, 89... The default colors I like to use can be changed to whatever...
This indicator allows you to filter the chart from probable chaotic movements. I use Stochastic oscillator mixing of Standard deviation and smoothed Volume . When the standard deviation is higher than the volume , it is worth waiting for linear movements. When the volume is above the standard deviation, it is worth waiting for chaotic movements. Work on the...
Hello traders! I have been developing Eagle trading indicator over the last year. This algorithm indicator is based on a set of different strategies, each with its own weight (weighted strategy). The set of strategies that I currently use are 4: Stochastic RSI ADX MA crossover Keltner Channel Moreover, this indicator includes STOP losses criteria and a taking...
Hello traders! I have been developing Shark trading indicator over the last year. This algorithm indicator is based on a set of different strategies, each with its own weight (weighted strategy). The set of strategies that I currently use are 6: MACD Stochastic RSI RSI Supertrend MA crossover Donchin Channel Moreover, this indicator includes STOP losses criteria...
Hello Traders, I hope you all are doing well. Today I'm releasing another one of my favorites: the Schaff Trend Cycle (STC). In 2008, Doug Schaff publically released the STC as an improvement on cycle oscillators and the MACD, hence its common nickname, "The better MACD." This oscillator is essentially a fusion of the benefits of trend and cycle indicators;...
Another attempt on making use of CM-Williams-Vix-Fix-Finds-Market-Bottoms from Chris Moody - which is arguably one of the best indicator available on pine and tradingview platform. Every time I revisit this, I get new ideas on applying this method. I have slightly altered formula to highest(source)-source/highest(source) from the original formula ...
----------------- Hey there! The indicator is used for a rough trend assessment. Both superordinate structures and subordinate movements are mapped here. With the help of a calculation via Ema and MACD , different timeframes can be displayed in the same chart. This makes the multi-timeframe analysis extremely easy. On all Asset classes! The indicator is...
This indicator is a deviation of a Center of Gravity Oscillator corrected for the diminishing returns of Bitcoin. I've set up this indicator for it to be used on the weekly timeframe. The indicator oscillates between 0 and 10, where 0 indicates oversold conditions and 10 indicates overbought conditions. The indicator plots in any BTCUSD spot, futures , BLX index...
█ What market information does this indicator tell you ? Bull Bear Momentum(BBM) indicator is a combination of leading + lagging indicator. • Leading Indicator are used to predict the next movement. • Lagging Indicator are used to show the current movement. The main purpose of BBM is to measure the factors that affect the rise and fall of stock prices, and...
Strategy based on EMA and EMA Oscilator (EMA - close) + Std Dev + Factor = detecting oversell/overbuy Long only! Pyramiding - sometimes, depends on ... There're 2 enter strategies in one script: 1 - Classic, buy on entering to OverSell zone (more profitable ~> 70%) 2 - Crazy, buy on entering to OverBuy zone (catching trend and pyramiding, more net profit) Exit...
For a long time I've been using complicated script with too much informations in it. In this one I try to have just the bare minimum information to be able to analyse and find a potential reversal zone. It is inspired from different wave trend / cipher script but has been tuned after months of backtest. Extending the usage of the wave trend oscillator, which can...
I'm reposting the Saylor to Schiff Ratio indicator that was originally developed by Michael Silva This indicator may be used to predict key momentum shifts in the price of Bitcoin I've set up this indicator for it to be used on the weekly timeframe as was intended. The indicator plots in any BTCUSD spot, futures , BLX index and BTCEUR . It paints in all time...
Constance Brown Composite Index was developed by Miss Brown. It is an alternative to the classic RSI , but responds better regardless of trending or ranging markets. If you are not familiar with this tool, you could read her book "Technical Analysis for the Trading Professional, Second Edition". Some free materials can also be found on the web explaining the core...
NOTE: You need to use this script on the ticker that has open interest data. Price Oscillator of the ticker's open interest. Only the money would tell you the truth. Trend tends to change after a significate change of the open interest. So it's may be a reliable indicator to catch the market movements.
This indicator is a modified (Multi Timeframe) version of the Phoenix Ascending that you can find between the @WyckoffMode scripts and it follows the same rules at the moment of the pubblication. A special thanks to @Neuromantic that did a great part of the MTF coding and to @HedgeMode for the "real-time" idea to make the ongoing candle visibly different...
Just one more simple and useless Oscilator based on EMA. I've used Standard Deviation of (close - ema) to show overheated zones.