Introduction As you know the Jurik RSX is a "noise free" smoothed version of RSI (Relative Strength Index), with no added lag. It was originally developed by Mark Jurik and is used the same way as RSI. To learn more about this indicator see www.jurikres.com The most basic and common strategy is to use the crossovers between Jurik RSX and its...
Introduction As you know the Relative Strength Index (RSI) was originally developed by J. Welles Wilder and was described in his book "New Concepts in Technical Trading Systems" (1978). It is intended to measure the strength or weakness of an instrument for the specified period. The most basic strategy is to use the crossovers as trade signals: when RSI ...
WYCKOFF ARSENAL is now available on TradingView! Based on <> (Richard D. Wyckoff) Noted Indicators: ▪ Optimism Pessimism Index ▪ Force Index ▪ Technometer ▪ Momentum ◄ Main Features: ▪ Multi Timeframe is available ▪ Volume based indicators ▪ Can be used on pairs that have volume data ──────────────────────────── Highlights > Optimism Pessimism Index or...
MOM CandleSticks EMA(34, 89) MA(6, 10) BB(2.0, 2.5, 3.0)
I worked hard on this one for months and results are good for all time frame. PM to get a paid Access
In the Spirit of '76 commemorating this day on July 4th, this is my third indicator released using Pine Script version 4.0, something I contributed to often in a small role, and will continue to do, in my free time. Without revealing my American secret sauce ingenuity excessively, this indicator uses a high performance momentum algorithm that blows most momentum...
The opening range is simply the high and low of a given period after the market opens. This period is generally the first 30 minutes or the first hour of trading. During this period, you want to identify the high and low of the day. In addition, you will also want to account for the pre-market highs and lows, as these levels will often act like a magnet on...
Trendaid is exactly what the name says an Aid to Trend Use this strategy to understand when the trend may shift and then use it to stay in the trends longer simple strat Buy when it says BULL in BLUE Short when it says BEAR in RED you may close your orders when it says to in PURPLE but unneeded if you want You can adjust the stop which affects the...
This is the strategy script for the TympanumTrio indicator.
This tool was developed to accurately capture divergences. Back-testing has shown it's relatively more accurate in detecting all types of divergences (both hidden and regular). The tool is NOT to be used in isolation; it's best used in conjunction with moving averages (preferably the 20 SMA); How to use 1. The indicator background indicates bullish (green...
This Indicator makes trading with ichimoku on different timeframes alot easier and more intuitive. It colors bars according to ichimoku trend and plots Kumo Breakouts and tk crosses. tips are always welcome at: 38uGQJDDZDL6wX48x4gYTccPeQ3ZHVYmY4 ( btc ) Happy tradings :)
This indicator was originally developed by Tushar S. Chande and Stanley Kroll. They described it in their book The New Technical Trader (1994). The period for DMI calculation depends on the market volatility. DMI uses a longer period as volatility decreases and a shorter period as volatility increases, making it more responsive to changing prices than RSI which...
Very simple script that updates realtime and shows possible next candle outcome and difference between current HA candle and current regular candle. It's intended to use on Heikin Ashi and shows actual price on them, while on regular candles shows difference. Idea was suggested by my husband and we decided to develop and publish it together. Enjoy and check...
How to use: Time frame: 15 minutes Long: Wait for green candles. It is preferred to have a retest of the decision line for long position. Other places will be break of pre-market highs Short: Wait for red candles. It is preferred to have a retest of the decision line for short positions. Other places will be break of pre-market consolidation...
This is RSI momentum , I try to make it as experiment so I hope it not bad:) the up strength is in blue and the down momentum is in red