AI Trend Momentum SniperThe AI Trend Momentum Sniper is a powerful technical analysis tool designed for day trading. This strategy combines multiple momentum and trend indicators to identify high-probability entry and exit points. The indicator utilizes a combination of Supertrend, MACD, RSI, ATR (Average True Range), and On-Balance Volume (OBV) to generate real-time signals for buy and sell opportunities.
Key Features:
Supertrend for detecting market direction (bullish or bearish).
MACD for momentum confirmation, highlighting changes in market momentum.
RSI to filter out overbought/oversold conditions and ensure high-quality trades.
ATR as a volatility filter to adjust for changing market conditions.
OBV (On-Balance Volume) to confirm volume strength and trend validity.
Dynamic Stop-Loss & Take-Profit based on ATR to manage risk and lock profits.
This indicator is tailored for intraday traders looking for quick market moves, especially in volatile and high liquidity assets like Bitcoin (BTC) and Ethereum (ETH). It helps traders capture short-term trends with efficient risk management tools.
How to Apply:
Set Your Chart: Apply the AI Trend Momentum Sniper to a 5-minute (M5) or 15-minute (M15) chart for optimal performance.
Buy Signal: When the indicator generates a green arrow below the bar, it indicates a buy signal based on positive trend and momentum alignment.
Sell Signal: A red arrow above the bar signals a sell condition when the trend and momentum shift bearish.
Stop-Loss and Take-Profit: The indicator automatically calculates dynamic stop-loss and take-profit levels based on the ATR value for each trade, ensuring proper risk management.
Alerts: Set up custom alerts for buy or sell signals, and get notified instantly when opportunities arise.
Best Markets for Use:
BTC/USDT, ETH/USDT – High liquidity and volatility.
Major altcoins with sufficient volume.
Avoid using it on low-liquidity assets where price action may become erratic.
Timeframes:
This indicator is best suited for lower timeframes (5-minute to 15-minute charts) to capture quick price movements in trending markets.
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Power Trend [MacAlgo]Description:
The Power Trend Indicator is a sophisticated technical analysis tool that overlays on your trading charts to identify prevailing market trends. It utilizes a combination of ATR-based trend calculations, moving averages, volume analysis, and momentum indicators to generate reliable buy and sell signals. Additionally, it offers customizable settings to adapt to various trading styles and timeframes.
Key Features:
Adaptive ATR Calculation: Automatically adjusts the ATR (Average True Range) period and multiplier based on the selected timeframe for more accurate trend detection.
Dynamic Trend Lines: Plots continuous trend lines with color-coded bars to visually represent bullish and bearish trends.
Buy/Sell Signals: Generates standard and power buy/sell signals to help you make informed trading decisions.
Volume Analysis: Incorporates average buy and sell volumes to identify strong market movements.
Multiple Timeframe Support: Automatically adjusts the indicator's timeframe or allows for manual selection to suit your trading preferences.
Highlighting: Highlights trending bars for easy visualization of market conditions.
Alerts: Customizable alert conditions to notify you of potential trading opportunities in real-time.
How it Works:
1. ATR-Based Trend Calculation:
ATR Period & Multiplier: Calculates ATR based on user-defined periods and multipliers, dynamically adjusting according to the chart's timeframe.
Trend Determination: Identifies trends as bullish (1) or bearish (-1) based on price movements relative to ATR-based upper (up) and lower (dn) trend lines.
2. Moving Averages:
EMA & SMA: Calculates exponential and simple moving averages to smooth price data and identify underlying trends.
AlphaTrend Line: Combines a 50-period EMA and a 30-period SMA on a 4-hour timeframe to create the AlphaTrend line, providing a robust trend reference.
3. Volume Analysis:
Buy/Sell Volume: Differentiates between buy and sell volumes to gauge market strength.
Average Volume: Compares current volume against average buy/sell volumes to detect significant market movements.
4. Momentum Indicators:
RSI, MACD, OBV: Incorporates Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and On-Balance Volume (OBV) to assess momentum and confirm trend strength.
5. Signal Generation:
Standard Signals: Basic buy and sell signals based on trend crossovers.
Power Signals: Enhanced signals requiring multiple conditions (e.g., increased volume, momentum confirmation) for higher confidence trades.
Customization Options:
Tailor the Power Trend Indicator to your specific trading needs with the following settings:
ATR Period: Set the period for ATR calculation (default: 8).
ATR Multiplier: Adjust the ATR multiplier to fine-tune trend sensitivity (default: 3.0).
Source: Choose the price source (e.g., HL2, Close) for calculations.
Change ATR Calculation Method: Toggle between different ATR calculation methods.
Show Buy/Sell Signals: Enable or disable the display of buy and sell signals on the chart.
Highlighting: Turn on or off the bar highlighting feature.
Timeframe Adjustment: Choose between automatic timeframe adjustment or manually set
the indicator's timeframe.
Manual Indicator Timeframe: If manual adjustment is selected, specify the desired timeframe (default: 60 minutes).
Visual Components:
Trend Lines: Continuous lines representing the current trend, color-coded for easy identification (green for bullish, red for bearish, orange for neutral).
Bar Coloring: Bars are colored based on the current trend and its relationship to the AlphaTrend line.
Buy/Sell Triangles: Triangular markers appear on the chart to indicate buy and sell signals.
Power Signals: Larger triangles highlight strong buy and sell opportunities based on multiple confirming factors.
Highlighting: Transparent overlays highlight trending areas to enhance visual clarity.
Alerts:
Stay informed with customizable alerts that notify you of important market movements:
SuperTrend Buy/Sell: Alerts when standard buy or sell signals are generated.
Power Buy/Sell Alerts: Notifications for strong buy or sell signals based on comprehensive conditions.
Trend Direction Change: Alerts when the trend changes from bullish to bearish or vice versa.
How to Use:
Add to Chart: Apply the Power Trend Indicator to your preferred trading chart on TradingView.
Configure Settings: Adjust the input parameters to match your trading style and the timeframe you are analyzing.
Analyze Trends: Observe the trend lines, bar colors, and AlphaTrend line to understand the current market trend.
Follow Signals: Look for buy and sell signals or power signals to identify potential entry and exit points.
Set Alerts: Enable alerts to receive real-time notifications of significant trading opportunities.
Adjust as Needed: Fine-tune the settings based on market conditions and your trading experience.
Important Notes:
Backtesting: While the Power Trend Indicator is built using robust technical analysis principles, it's essential to backtest and validate its performance within your trading strategy.
Market Conditions: The indicator performs best in trending markets. In sideways or highly volatile markets, signal reliability may vary.
Risk Management: Always employ proper risk management techniques when trading based on indicator signals to protect your capital.
Disclaimer:
This indicator is intended for educational purposes only and does not provide financial advice or guarantee future performance. Trading involves risk, and past results are not indicative of future outcomes. Always conduct your own analysis and risk management.
LibraryDivergenceV6LibraryDivergenceV6
Enhance your trading strategies with LibraryDivergenceV6, a comprehensive Pine Script library designed to simplify and optimize the detection of bullish and bearish divergences across multiple technical indicators. Whether you're developing your own indicators or seeking to incorporate robust divergence analysis into your trading systems, this library provides the essential tools and functions to accurately identify potential market reversals and continuations.
Overview
LibraryDivergenceV6 offers a suite of functions that detect divergences between price movements and key technical indicators such as the Relative Strength Index (RSI) and On-Balance Volume (OBV). By automating the complex calculations involved in divergence detection, this library enables traders and developers to implement reliable and customizable divergence strategies with ease.
Key Features
Comprehensive Divergence Detection
Bullish Divergence: Identifies instances where the indicator forms higher lows while the price forms lower lows, signaling potential upward reversals.
Bearish Divergence: Detects situations where the indicator creates lower highs while the price forms higher highs, indicating possible downward reversals.
Overbought and Oversold Conditions: Differentiates between standard and strong divergences by considering overbought and oversold levels, enhancing signal reliability.
Multi-Indicator Support
RSI (Relative Strength Index): Analyze momentum-based divergences to spot potential trend reversals.
OBV (On-Balance Volume): Incorporate volume flow into divergence analysis for a more comprehensive market perspective.
Customizable Parameters
Pivot Points Configuration: Adjust the number of bars to the left and right for pivot detection, allowing fine-tuning based on different timeframes and trading styles.
Range Settings: Define minimum and maximum bar ranges to control the sensitivity of divergence detection, reducing false signals.
Noise Cancellation: Enable or disable noise filtering to focus on significant divergences and minimize minor fluctuations.
Flexible Usage
Exported Functions: Easily integrate divergence detection into your custom indicators or trading strategies with exported functions such as DivergenceBull, DivergenceBear, DivergenceBullOversold, and DivergenceBearOverbought.
Occurrence Handling: Specify which occurrence of a divergence to consider (e.g., most recent, previous) for precise analysis.
Optimized Performance
Efficient Calculations: Designed to handle multiple occurrences and pivot points without compromising script performance.
Line Management: Automatically creates and deletes trend lines based on divergence conditions, ensuring a clean and uncluttered chart display.
300-Candle Weighted Average Zones w/50 EMA SignalsThis indicator is designed to deliver a more nuanced view of price dynamics by combining a custom, weighted price average with a volatility-based zone and a trend filter (in this case, a 50-period exponential moving average). The core concept revolves around capturing the overall price level over a relatively large lookback window (300 candles) but with an intentional bias toward recent market activity (the most recent 20 candles), thereby offering a balance between long-term context and short-term responsiveness. By smoothing this weighted average and establishing a “zone” of standard deviation bands around it, the indicator provides a refined visualization of both average price and its recent volatility envelope. Traders can then look for confluence with a standard trend filter, such as the 50 EMA, to identify meaningful crossover signals that may represent trend shifts or opportunities for entry and exit.
What the Indicator Does:
Weighted Price Average:
Instead of using a simple or exponential moving average, this indicator calculates a custom weighted average price over the past 300 candles. Most historical candles receive a base weight of 1.0, but the most recent 20 candles are assigned a higher weight (for example, a weight of 2.0). This weighting scheme ensures that the calculation is not simply a static lookback average; it actively emphasizes current market conditions. The effect is to generate an average line that is more sensitive to the most recent price swings while still maintaining the historical context of the previous 280 candles.
Smoothing of the Weighted Average:
Once the raw weighted average is computed, an exponential smoothing function (EMA) is applied to reduce noise and produce a cleaner, more stable average line. This smoothing helps traders avoid reacting prematurely to minor price fluctuations. By stabilizing the average line, traders can more confidently identify actual shifts in market direction.
Volatility Zone via Standard Deviation Bands:
To contextualize how far price can deviate from this weighted average, the indicator uses standard deviation. Standard deviation is a statistical measure of volatility—how spread out the price values are around the mean. By adding and subtracting one standard deviation from the smoothed weighted average, the indicator plots an upper band and a lower band, creating a zone or channel. The area between these bands is filled, often with a semi-transparent color, highlighting a volatility corridor within which price and the EMA might oscillate.
This zone is invaluable in visualizing “normal” price behavior. When the 50 EMA line and the weighted average line are both within this volatility zone, it indicates that the market’s short- to mid-term trend and its average pricing are aligned well within typical volatility bounds.
Incorporation of a 50-Period EMA:
The inclusion of a commonly used trend filter, the 50 EMA, adds another layer of context to the analysis. The 50 EMA, being a widely recognized moving average length, is often considered a baseline for intermediate trend bias. It reacts faster than a long-term average (like a 200 EMA) but is still stable enough to filter out the market “chop” seen in very short-term averages.
By overlaying the 50 EMA on this custom weighted average and the surrounding volatility zone, the trader gains a dual-dimensional perspective:
Trend Direction: If the 50 EMA is generally above the weighted average, the short-term trend is gaining bullish momentum; if it’s below, the short-term trend has a bearish tilt.
Volatility Normalization: The bands, constructed from standard deviations, provide a sense of whether the price and the 50 EMA are operating within a statistically “normal” range. If the EMA crosses the weighted average within this zone, it signals a potential trend initiation or meaningful shift, as opposed to a random price spike outside normal volatility boundaries.
Why a Trader Would Want to Use This Indicator:
Contextualized Price Level:
Standard MAs may not fully incorporate the most recent price dynamics in a large lookback window. By weighting the most recent candles more heavily, this indicator ensures that the trader is always anchored to what the market is currently doing, not just what it did 100 or 200 candles ago.
Reduced Whipsaw with Smoothing:
The smoothed weighted average line reduces noise, helping traders filter out inconsequential price movements. This makes it easier to spot genuine changes in trend or sentiment.
Visual Volatility Gauge:
The standard deviation bands create a visual representation of “normal” price movement. Traders can quickly assess if a breakout or breakdown is statistically significant or just another oscillation within the expected volatility range.
Clear Trade Signals with Confirmation:
By integrating the 50 EMA and designing signals that trigger only when the 50 EMA crosses above or below the weighted average while inside the zone, the indicator provides a refined entry/exit criterion. This avoids chasing breakouts that occur in abnormal volatility conditions and focuses on those crossovers likely to have staying power.
How to Use It in an Example Strategy:
Imagine you are a swing trader looking to identify medium-term trend changes. You apply this indicator to a chart of a popular currency pair or a leading tech stock. Over the past few days, the 50 EMA has been meandering around the weighted average line, both confined within the standard deviation zone.
Bullish Example:
Suddenly, the 50 EMA crosses decisively above the weighted average line while both are still hovering within the volatility zone. This might be your cue: you interpret this crossover as the 50 EMA acknowledging the recent upward shift in price dynamics that the weighted average has highlighted. Since it occurred inside the normal volatility range, it’s less likely to be a head-fake. You place a long position, setting an initial stop just below the lower band to protect against volatility.
If the price continues to rise and the EMA stays above the average, you have confirmation to hold the trade. As the price moves higher, the weighted average may follow, reinforcing your bullish stance.
Bearish Example:
On the flip side, if the 50 EMA crosses below the weighted average line within the zone, it suggests a subtle but meaningful change in trend direction to the downside. You might short the asset, placing your protective stop just above the upper band, expecting that the statistically “normal” level of volatility will contain the price action. If the price does break above those bands later, it’s a sign your trade may not work out as planned.
Other Indicators for Confluence:
To strengthen the reliability of the signals generated by this weighted average zone approach, traders may want to combine it with other technical studies:
Volume Indicators (e.g., Volume Profile, OBV):
Confirm that the trend crossover inside the volatility zone is supported by volume. For instance, an uptrend crossover combined with increasing On-Balance Volume (OBV) or volume spikes on up candles signals stronger buying pressure behind the price action.
Momentum Oscillators (e.g., RSI, Stochastics):
Before taking a crossover signal, check if the RSI is above 50 and rising for bullish entries, or if the Stochastics have turned down from overbought levels for bearish entries. Momentum confirmation can help ensure that the trend change is not just an isolated random event.
Market Structure Tools (e.g., Pivot Points, Swing High/Low Analysis):
Identify if the crossover event coincides with a break of a previous pivot high or low. A bullish crossover inside the zone aligned with a break above a recent swing high adds further strength to your conviction. Conversely, a bearish crossover confirmed by a breakdown below a previous swing low can make a short trade setup more compelling.
Volume-Weighted Average Price (VWAP):
Comparing where the weighted average zone lies relative to VWAP can provide institutional insight. If the bullish crossover happens while the price is also holding above VWAP, it can mean that the average participant in the market is in profit and that the trend is likely supported by strong hands.
This indicator serves as a tool to balance long-term perspective, short-term adaptability, and volatility normalization. It can be a valuable addition to a trader’s toolkit, offering enhanced clarity and precision in detecting meaningful shifts in trend, especially when combined with other technical indicators and robust risk management principles.
Accumulation Momentum IndicatorEveryone wants to be in a trend, I think this indicator does a great job at showing that key momentum that traders try and capitalize on everyday. I used a Stochastic Momentum Indicator (SMI) indicator. It's a lot like a slower MACD which allows me to capitalize on changing momentum. My goal was to make an indicator that was able to use a weighted mean of many accumulation/momentum indicators. This would give me a well rounded look to really see what direction the momentum and volume is heading.
I did some research on some of the best Accumulation and Momentum Indicators. I landed on 4.
The Accumulation Distribution line which measures the cumulative flow of money in or out of a security. It helps show how quickly money is going in and out of a commodity. The line moving up quickly indicates fast Accumulation while the A/C line is moving down quickly is shows falling Distribution. This can show the momentum and accumulation of a commodity in short and long term based off of Volume.
The On Balance Volume, OBV is a combination of Price Movement and Volume. If price closes higher then the previous bar volume is added while if the price closes lower volume is subtracted. This gives us an overall tally of whether volume is increasing with price or slowing down the momentum in the direction of the current trend. This gives us the ability to see if volume is supporting the price increasing (beginning/middle of a trend) or price is slowing down even though it is still heading in the direction of the current trend (signaling the end of the current trend).
The Force Index, this indicator measures the overall strength of the price movements. It does this by a calculation of price and volume. The close of the current bar subtracted by the previous multiplied by the volume. The result gives us either strong upward or downward motion. This adds magnitude to the overall movement/momentum of the indicator.
Lastly but most certainly not least is the Momentum indicator, (Price Momentum) a simple indicator that shows you the difference between the current close price and the close price from a specified period ago (Most commonly 14 periods/bars ago). Having this indicator is a must because it shows the speed at which price is accelerating or decelerating.
These 4 indicators together help round out the current volume, price movements, accumulation, and momentum of the current market. Since these indicators all have different scales and calculations I had to Normalize the Values to a 0-100 scale. This gives us 1 line and a much more readable easy to understand indicator. After they were normalized I gave them a weighted average that you can control. So lets say you cared more about the Force Index and the OBV rather then the Momentum and the Accumulation Distribution indicators, you would be able to give them more weight in the overall calculation as well as 0 out those you don't even want involved.
I hope the flexibility and the combination of 4 strong Accumulation Momentum indicators helps you better gauge the direction a commodity might head. The way it's used is when the Accumulation Momentum line is Above 50 buying pressure is stronger then selling pressure. An Accumulation Momentum line Below 50 suggests that distribution is more dominant in the current market. This indicator combines four different methods of analyzing price and volume to give you a single composite momentum score, making it easier to visualize when a commodity is being accumulated or distributed and how quickly this process is happening. It helps you track market sentiment based on both price movement and volume, with a clear, visual representation of buying and selling pressure.
Please let me know what you think and how you think I might be able to improve the script. Enjoy!
Swiss Knife [MERT]Introduction
The Swiss Knife indicator is a comprehensive trading tool designed to provide a multi-dimensional analysis of the market. By integrating a wide array of technical indicators across multiple timeframes, it offers traders a holistic view of market sentiment, momentum, and potential reversal points. This indicator is particularly useful for traders looking to combine trend analysis, momentum indicators, volume data, and price action into a single, easy-to-read format.
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Key Features
Multi-Timeframe Analysis : Evaluates indicators on Daily , 4-Hour , 1-Hour , and 15-Minute timeframes.
Comprehensive Indicator Suite : Incorporates MACD , Awesome Oscillator (AO) , Parabolic SAR , SuperTrend , DPO , RSI , Stochastic Oscillator , Bollinger Bands , Ichimoku Cloud , Chande Momentum Oscillator (CMO) , Donchian Channels , ADX , volume-based momentum indicators, Fractals , and divergence detection.
Market Sentiment Scoring : Aggregates signals from multiple indicators to provide an overall sentiment score.
Visual Aids : Displays EMA lines, trendlines, divergence signals, and a sentiment table directly on the chart.
Super Trend Reversal Signals : Identifies potential market reversal points by assessing the momentum of automated trading bots.
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Explanation of Each Indicator
Moving Average Convergence Divergence (MACD)
- Purpose : Measures the relationship between two moving averages of price.
- Interpretation : A positive histogram suggests bullish momentum; a negative histogram indicates bearish momentum.
Awesome Oscillator (AO)
- Purpose : Gauges market momentum by comparing recent market movements to historic ones.
- Interpretation : Above zero indicates bullish momentum; below zero indicates bearish momentum.
Parabolic SAR (SAR)
- Purpose : Identifies potential reversal points in price direction.
- Interpretation : Dots below price suggest an uptrend; dots above price suggest a downtrend.
SuperTrend
- Purpose : Determines the prevailing market trend.
- Interpretation : Provides buy or sell signals based on price movements relative to the SuperTrend line.
Detrended Price Oscillator (DPO)
- Purpose : Removes trend from price to identify cycles.
- Interpretation : Values above zero suggest price is above the moving average; values below zero indicate it is below.
Relative Strength Index (RSI)
- Purpose : Measures the speed and change of price movements.
- Interpretation : Values above 50 indicate bullish momentum; values below 50 indicate bearish momentum.
Stochastic Oscillator
- Purpose : Compares a particular closing price to a range of its prices over a certain period.
- Interpretation : Values above 50 indicate bullish conditions; values below 50 indicate bearish conditions.
Bollinger Bands (BB)
- Purpose : Measures market volatility and provides relative price levels.
- Interpretation : Price above the middle band suggests bullishness; below the middle band suggests bearishness.
Ichimoku Cloud
- Purpose : Provides support and resistance levels, trend direction, and momentum.
- Interpretation : Bullish signals when price is above the cloud; bearish signals when price is below the cloud.
Chande Momentum Oscillator (CMO)
- Purpose : Measures momentum on both up and down days.
- Interpretation : Values above 50 indicate strong upward momentum; values below -50 indicate strong downward momentum.
Donchian Channels
- Purpose : Identifies volatility and potential breakouts.
- Interpretation : Price above the upper band suggests bullish breakout; below the lower band suggests bearish breakout.
Average Directional Index (ADX)
- Purpose : Measures the strength of a trend.
- Interpretation : DI+ above DI- indicates bullish trend; DI- above DI+ indicates bearish trend.
Volume Momentum Indicators (VolMom, CumVolMom, POCMom)
- Purpose : Analyze volume to assess buying and selling pressure.
- Interpretation : Positive values suggest bullish volume momentum; negative values indicate bearish volume momentum.
Fractals
- Purpose : Identify potential reversal points in the market.
- Interpretation : Up fractals may indicate a future downtrend; down fractals may indicate a future uptrend.
Divergence Detection
- Purpose : Identifies divergences between price and various indicators (RSI, MACD, Stochastic, OBV, MFI, A/D Line).
- Interpretation : Bullish divergences suggest potential upward reversal; bearish divergences suggest potential downward reversal.
- Note : This functionality utilizes the library from Divergence Indicator .
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Coloring Scheme
Background Color
- Purpose : Reflects the overall market sentiment by combining sentiment scores from all indicators across different timeframes.
- Interpretation :
- Green Shades : Indicate bullish market sentiment.
- Red Shades : Indicate bearish market sentiment.
- Intensity : The strength of the color corresponds to the strength of the sentiment score.
Sentiment Table
- Purpose : Displays the status of each indicator across different timeframes.
- Interpretation :
- Green Cell : The indicator suggests a bullish signal.
- Red Cell : The indicator suggests a bearish signal.
- Percentage Score : Indicates the overall bullish or bearish sentiment on that timeframe.
Exponential Moving Averages (EMAs)
- Purpose : Provide dynamic support and resistance levels.
- Colors :
- EMA 10 : Lime
- EMA 20 : Yellow
- EMA 50 : Orange
- EMA 100 : Red
- EMA 200 : Purple
Trendlines
- Purpose : Visual representation of support and resistance levels based on pivot points.
- Interpretation :
- Upward Trendlines : Colored green , indicating support levels.
- Downward Trendlines : Colored red , indicating resistance levels.
- Note : Trendlines are drawn using the library from Simple Trendlines .
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Utility of Market Sentiment
The indicator aggregates signals from multiple technical indicators across various timeframes to compute an overall market sentiment score . This comprehensive approach helps traders understand the prevailing market conditions by:
Confirming Trends : Multiple indicators pointing in the same direction can confirm the strength of a trend.
Identifying Reversals : Divergences and fractals can signal potential turning points.
Timeframe Alignment : Aligning signals across different timeframes can enhance the probability of successful trades.
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Divergences
Divergence occurs when the price of an asset moves in the opposite direction of a technical indicator, suggesting a potential reversal.
- Bullish Divergence : Price makes a lower low, but the indicator makes a higher low.
- Bearish Divergence : Price makes a higher high, but the indicator makes a lower high.
The indicator detects divergences for:
RSI
MACD
Stochastic Oscillator
On-Balance Volume (OBV)
Money Flow Index (MFI)
Accumulation/Distribution Line (A/D Line)
By identifying these divergences, traders can spot early signs of trend reversals and adjust their strategies accordingly.
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Trendlines
Trendlines are essential tools for identifying support and resistance levels. The indicator automatically draws trendlines based on pivot points:
- Upward Trendlines (Support) : Connect higher lows, indicating an uptrend.
- Downward Trendlines (Resistance) : Connect lower highs, indicating a downtrend.
These trendlines help traders visualize the trend direction and potential breakout or reversal points.
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Super Trend Reversals (ST Reversal)
The core idea behind the Super Trend Reversals indicator is to assess the momentum of automated trading bots (often referred to as 'Supertrend bots') that enter the market during critical turning points. Specifically, the indicator is tuned to identify when the market is nearing bottoms or peaks, just before it shifts direction based on the triggered Supertrend signals. This approach helps traders:
Engage Early : Enter the market as reversal momentum builds up.
Optimize Entries and Exits : Enter under favorable conditions and exit before momentum wanes.
By capturing these reversal points, traders can enhance their trading performance.
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Conclusion
The Swiss Knife indicator serves as a versatile tool that combines multiple technical analysis methods into a single, comprehensive indicator. By assessing various aspects of the market—including trend direction, momentum, volume, and price action—it provides traders with valuable insights to make informed trading decisions.
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Citations
- Divergence Detection Library : Divergence Indicator by DevLucem
- Trendline Drawing Library : Simple Trendlines by HoanGhetti
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Note : This indicator is intended for informational purposes and should be used in conjunction with other analysis techniques. Always perform due diligence before making trading decisions.
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Volume-Weighted RSI with HMA SmoothingThis script combines a Volume-Weighted RSI, smoothed with a custom Hull Moving Average (HMA), with a modified MACD based on normalized net volume.
Volume-Weighted RSI: It is calculated by adjusting the closing price with a normalized On-Balance Volume (OBV) and then applying an RSI. This approach weights the RSI according to volume, providing a more accurate measure of the strength of the price movement.
Modified HMA: A Hull Moving Average (HMA) is used to smooth the Volume-Weighted RSI, enhancing the ability to identify market trend changes.
Possible Reversal from Oversold:
The Volume-Weighted RSI crosses above the oversold level.
It is displayed as an upward green triangle at the bottom of the chart, indicating that the market might be exhausting its oversold conditions and potentially starting an upward reversal.
Possible Reversal from Overbought:
The Volume-Weighted RSI crosses below the overbought level.
It is displayed as a downward red triangle at the top of the chart, indicating that the market might be exhausting its overbought conditions and potentially starting a downward reversal.
Confirmation with the Modified MACD: For a more robust interpretation, the behavior of the modified MACD can be observed alongside the RSI cross.
The MACD is also modified, using normalized net volume (calculated as the cumulative change in the closing price multiplied by volume) as the input instead of the standard closing price.
The direction and color change of the MACD bars indicate the market's momentum.
Alerts: Alerts are set to trigger automatically when the modified RSI crosses the oversold or overbought levels.
Español:
Este script combina un RSI ponderado por volumen, suavizado con un Hull Moving Average (HMA) personalizado, con un MACD modificado basado en volumen neto normalizado.
RSI Ponderado por Volumen: Se calcula ajustando el precio de cierre con un OBV (On-Balance Volume) normalizado y luego aplicando un RSI. Este enfoque pondera el RSI según el volumen, proporcionando una medida más precisa de la fuerza del movimiento del precio.
HMA Modificado: Se utiliza un Hull Moving Average (HMA) para suavizar el RSI Ponderado por Volumen, mejorando la capacidad de identificar cambios en la tendencia del mercado.
Posible Reversión desde Sobreventa:
El RSI Ponderado por Volumen cruza por encima del nivel de sobreventa.
Se muestra como un triángulo verde hacia arriba en la parte inferior del gráfico, indicando que el mercado podría estar agotando las condiciones de sobreventa y comenzar una posible reversión al alza.
Posible Reversión desde Sobrecompra:
El RSI Ponderado por Volumen cruza por debajo del nivel de sobrecompra.
Se muestra como un triángulo rojo hacia abajo en la parte superior del gráfico, indicando que el mercado podría estar agotando las condiciones de sobrecompra y comenzar una posible reversión a la baja.
Confirmación con el MACD Modificado: Para una interpretación más robusta, se puede observar el comportamiento del MACD modificado junto con el cruce del RSI.
El MACD también está modificado, utilizando el volumen neto normalizado (calculado como el cambio acumulativo en el precio de cierre multiplicado por el volumen) como entrada en lugar del precio de cierre estándar.
La dirección y el cambio de color de las barras del MACD indican el impulso del mercado.
Alertas: Las alertas están configuradas para activarse automáticamente cuando el RSI modificado cruza los niveles de sobreventa o sobrecompra.
SAT - Sentiment Analysis Tool by Csth97This code calculates the correlation between the ATR and the OBV of the price, and plots the difference between the positive and negative OBV correlations as a line. It also plots horizontal lines at the UP and DOWN levels, and signals bullish and bearish crosses when the difference line crosses those levels.
Advanced Buy and Sell SignalsThis script for TradingView is designed for technical traders seeking a more comprehensive and discerning market analysis. The script combines buy and sell signals from multiple popular technical indicators, providing a holistic view that can be useful for short to medium-term trading strategies. It incorporates the following features:
EMA Trend Cloud:
Two Exponential Moving Averages (EMAs) are calculated: a fast EMA and a slow EMA.
A "cloud" is formed on the chart, changing color as the EMAs cross, indicating potential trend shifts.
Additional Indicators:
RSI (Relative Strength Index): Used to identify overbought or oversold conditions.
Stochastic Oscillator: Helps determine the strength or weakness of the price.
OBV (On-Balance Volume) with EMA: Combines volume and price to show how volume might be influencing price direction.
Combined Buy and Sell Signals:
Buy and sell signals are generated based on a combination of the following criteria:
Crossings of the EMAs (indicative of trend changes).
Conditions of the RSI (identifying potential market extremes).
Crossings of the Stochastic Oscillator (indicating momentum).
Crossings of the OBV with its EMA (assessing the influence of volume on price movement).
Buy signals are indicated by green triangles below the price bars, while sell signals are indicated by red triangles above the price bars.
Alerts:
The script also includes alert conditions to notify the user when potential buy or sell signals are detected.
Application:
This script is suitable for traders who utilize technical analysis and seek to confirm their trading decisions with multiple sources of information. It is particularly useful in volatile markets, where the combination of different indicators can provide more reliable insights.
Note:
It is important to remember that no script or indicator can guarantee success in trading, and one should always consider risk and conduct thorough analysis before making trading decisions.
This script is most effective when used in conjunction with fundamental analysis and a solid understanding of the market.
Divergence Indicator [Trendoscope®]🎲 New Divergence Indicator by Trendoscope
Our latest Divergence Indicator revolutionizes the way traders identify market trends and potential reversals. Built upon the robust foundation of the Zigzag Trend Divergence Detector and inline with our recent implementation of the Divergence Goggles indicator, this tool is designed to be intuitive yet powerful, making it an essential addition to any trader's toolkit.
We received several queries on extending the Divergence Goggles to last N bars instead of using an interactive widget. Though it is possible, we thought the better approach is to enable the indicator to use any oscillator and trend indicator in order to define the divergence.
🎯 Key Features
Flexible Oscillator Integration : Choose from a wide range of built-in oscillators or import your own, including options like the innovative Multiband Oscillator. This versatility extends to using volume indicators like OBV for divergence calculations, broadening the scope of analysis.
Trend Identification Versatility : Utilize built-in methods like Zigzag and MA Difference, or integrate external trend indicators. Our system adapts to various methods, ensuring you have the right tools for precise trend identification.
Customizable Zigzag Sensitivity : Adjust the Zigzag based on your chosen oscillator's sensitivity to ensure divergence lines are accurate and visually coherent.
Repainting vs. Delayed Signals : Tailor the indicator to your strategy by choosing between immediate repainting signals and slightly delayed but more stable signals.
🎯 Understanding Divergence: Key Rules
Bullish Divergence
Happens only in downtrend
Observed on Pivot Lows
Price makes lower low whereas oscillator makes higher low, indicating weakness and possible reversal
Bearish Divergence
Happens only in uptrend
Observed on Pivot Highs
Price makes higher high whereas oscillator makes lower high, indicating weakness and possible reversal
Bullish Hidden Divergence
Happens only in uptrend
Observed on Pivot Lows
Price makes higher low, whereas indicator makes lower low due to price consolidation. In bullish trend, this is considered as bullish as the price gets a breather and get ready to surge further.
Bearish Hidden Divergence
Happens only in downtrend
Observed on Pivot Highs
Price makes lower high whereas oscillator makes higher high due to price consolidation. In bearish trend, this is considered as bearish as the price gets a breather and get ready to fall further.
🎯 Visual Insights: Divergence and Hidden Divergence
For a clearer understanding, refer to our visual guides:
🎲 Using the Divergence Indicator: A Step-by-Step Guide
🎯 Step 1 - Selecting the Oscillator
Customize your analysis by choosing from a variety of oscillators or importing your preferred one. Options are available to select a range of built-in oscillators and the loopback length. However, if the oscillator that user want to use is not in the list, they can simply load the oscillator from the indicator library and use it as an external signal.
In our current example, we are using a custom oscillator called - Multiband Oscillator
This also means, the indicator option is not limited to oscillators. Users can even make use of volume indicators such as OBV for the calculation of divergence.
🎯 Step 2 - Choosing the Trend Identification Method
Select from our built-in methods or integrate an external indicator to accurately identify market trends. Trend is one of the key parameters of divergence type identification. Trend can be identified mathematically by various methods. Some of them are as simple as above or below 200 moving average and some can follow trend based indicators such as supertrend and others can be very complex.
To cater for a wider audience, here too we have provided the option to use an external trend indicator. The simple condition for the external trend indicator is that it should return positive value for uptrend and negative value for downtrend.
Other than that, we also have 2 built in trend identification methods.
Zigzag - The trend is defined by the starting pivot of divergence line. If the starting pivot is Higher High or Higher Low, then it is considered uptrend. And if the starting pivot is either Lower Low or Lower High, then we consider it as downtrend.
MA Difference - In this case, the difference between the moving average of pivots joining the divergence line will determine the trend. It is considered uptrend if the moving average increased from starting pivot to ending pivot of the divergence line, and it is considered downtrend if the moving average decreased from starting pivot to the ending pivot of the divergence line.
🎯 Step 3 - Adjusting Zigzag Sensitivity
Fine-tune the Zigzag to match the oscillator's sensitivity, ensuring divergence lines are accurate and visually coherent.
🎯 Step 4 - Managing Repainting
Understand the implications of repainting in the last pivot of the Zigzag and choose between immediate or delayed signals based on your trading strategy. The last pivot of the zigzag repaint by design. This is not necessarily a bad thing. Users can just choose not to use the last pivot, but instead use the last but one for all the calculations. But, this also means, the signals will be delayed.
Indicator provides option to use repainting signal vs delayed signal. If you select the repaint option, the signals are shown immediately as and when they occur. But, there is a possibility that these signals change when the new price candles change zigzag pivot.
If you chose not to select the repaint option, then the divergence signals may lag by a few bars.
Targets For Many Indicators [LuxAlgo]The Targets For Many Indicators is a useful utility tool able to display targets for many built-in indicators as well as external indicators. Targets can be set for specific user-set conditions between two series of values, with the script being able to display targets for two different user-set conditions.
Alerts are included for the occurrence of a new target as well as for reached targets.
🔶 USAGE
Targets can help users determine the price limit where the price might start deviating from an indication given by one or multiple indicators. In the context of trading, targets can help secure profits/reduce losses of a trade, as such this tool can be useful to evaluate/determine user take profits/stop losses.
Due to these essentially being horizontal levels, they can also serve as potential support/resistances, with breakouts potentially confirming new trends.
In the above example, we set targets 3 ATR's away from the closing price when the price crosses over the script built-in SuperTrend indicator using ATR period 10 and factor 3. Using "Long Position Target" allows setting a target above the price, disabling this setting will place targets below the price.
Users might be interested in obtaining new targets once one is reached, this can be done by enabling "New Target When Reached" in the target logic setting section, resulting in more frequent targets.
Lastly, users can restrict new target creation until current ones are reached. This can result in fewer and longer-term targets, with a higher reach rate.
🔹 Dashboard
A dashboard is displayed on the top right of the chart, displaying the amount, reach rate of targets 1/2, and total amount.
This dashboard can be useful to evaluate the selected target distances relative to the selected conditions, with a higher reach rate suggesting the distance of the targets from the price allows them to be reached.
🔶 DETAILS
🔹 Indicators
Besides 'External' sources, each source can be set at 1 of the following Build-In Indicators :
ACCDIST : Accumulation/distribution index
ATR : Average True Range
BB (Middle, Upper or Lower): Bollinger Bands
CCI : Commodity Channel Index
CMO : Chande Momentum Oscillator
COG : Center Of Gravity
DC (High, Mid or Low): Donchian Channels
DEMA : Double Exponential Moving Average
EMA : Exponentially weighted Moving Average
HMA : Hull Moving Average
III : Intraday Intensity Index
KC (Middle, Upper or Lower): Keltner Channels
LINREG : Linear regression curve
MACD (macd, signal or histogram): Moving Average Convergence/Divergence
MEDIAN : median of the series
MFI : Money Flow Index
MODE : the mode of the series
MOM : Momentum
NVI : Negative Volume Index
OBV : On Balance Volume
PVI : Positive Volume Index
PVT : Price-Volume Trend
RMA : Relative Moving Average
ROC : Rate Of Change
RSI : Relative Strength Index
SMA : Simple Moving Average
STOCH : Stochastic
Supertrend
TEMA : Triple EMA or Triple Exponential Moving Average
VWAP : Volume Weighted Average Price
VWMA : Volume-Weighted Moving Average
WAD : Williams Accumulation/Distribution
WMA : Weighted Moving Average
WVAD : Williams Variable Accumulation/Distribution
%R : Williams %R
Each indicator is provided with a link to the Reference Manual or to the Build-In Indicators page.
The latter contains more information about each indicator.
Note that when "Show Source Values" is enabled, only values that can be logically found around the price will be shown. For example, Supertrend , SMA , EMA , BB , ... will be made visible. Values like RSI , OBV , %R , ... will not be visible since they will deviate too much from the price.
🔹 Interaction with settings
This publication contains input fields, where you can enter the necessary inputs per indicator.
Some indicators need only 1 value, others 2 or 3.
When several input values are needed, you need to separate them with a comma.
You can use 0 to 4 spaces between without a problem. Even an extra comma doesn't give issues.
The red colored help text will guide you further along (Only when Target is enabled)
Some examples that work without issues:
Some examples that work with issues:
As mentioned, the errors won't be visible when the concerning target is disabled
🔶 SETTINGS
Show Target Labels: Display target labels on the chart.
Candle Coloring: Apply candle coloring based on the most recent active target.
Target 1 and Target 2 use the same settings below:
Enable Target: Display the targets on the chart.
Long Position Target: Display targets above the price a user selected condition is true. If disabled will display the targets below the price.
New Target Condition: Conditional operator used to compare "Source A" and "Source B", options include CrossOver, CrossUnder, Cross, and Equal.
🔹 Sources
Source A: Source A input series, can be an indicator or external source.
External: External source if 'External" is selected in "Source A".
Settings: Settings of the selected indicator in "Source A", entered settings of indicators requiring multiple ones must be comma separated, for example, "10, 3".
Source B: Source B input series, can be an indicator or external source.
External: External source if 'External" is selected in "Source B".
Settings: Settings of the selected indicator in "Source B", entered settings of indicators requiring multiple ones must be comma separated, for example, "10, 3".
Source B Value: User-defined numerical value if "value" is selected in "Source B".
Show Source Values: Display "Source A" and "Source B" on the chart.
🔹 Logic
Wait Until Reached: When enabled will not create a new target until an existing one is reached.
New Target When Reached: Will create a new target when an existing one is reached.
Evaluate Wicks: Will use high/low prices to determine if a target is reached. Unselecting this setting will use the closing price.
Target Distance From Price: Controls the distance of a target from the price. Can be determined in currencies/points, percentages, ATR multiples, ticks, or using multiple of external values.
External Distance Value: External distance value when "External Value" is selected in "Target Distance From Price".
Divergences RefurbishedJust as "a butterfly can flap its wings over a flower in China and cause a hurricane in the Caribbean" (Edward Lorenz), small divergences in markets can signal big trading opportunities.
█Introduction
This is a script forked from LonesomeTheBlue's Divergence for Many Indicators v4.
It is a script that checks for divergence between price and many indicators.
In this version, I added more indicators and also added 40 symbols to check for divergences.
More info on the original script can be found here:
█ Improvements
The following improvements have been implemented over v4:
1. Added parameters to customize indicators.
2. Added new indicators:
- Stoch RSI
- Volume Oscillator
- PVT (Price Volume Trend)
- Ultimate Oscillator
- Fisher Transform
- Z-Score/T-Score
3. Now there is the possibility of using 2 external indicators.
4. New option to show tooltips inside labels.
This allows you to save space on the screen if you choose the option to only show the number of divergences or just the abbreviations.
5. New option to show additional text next to the indicator name.
This allows for grouping of indicators and symbols and better visualization, whether through emojis, for example.
6. Added 40 customizable symbols to check for divergences.
7. Option "show only the first letter" of the indicator replaced by: "show the abbreviation of the indicator".
Reason: the indicator abbreviation is more informative and easier to read.
8. Script converted to PineScript version 5.
█ CONCEPTS
Below I present a brief description of the available indicators.
1. Moving Average Convergence/Divergence (MACD):
Shows the difference between short-term and long-term exponential moving averages.
2. MACD Histogram:
Shows the difference between MACD and its signal line.
3. Relative Strength Index (RSI):
Measures the relative strength of recent price gains to recent price losses of an asset.
4. Stochastic Oscillator (Stoch):
Compares the current price of an asset to its price range over a specified time period.
5. Stoch RSI:
Stochastic of RSI.
6. Commodity Channel Index (CCI):
Measures the relationship between an asset's current price and its moving average.
7. Momentum: Shows the difference between the current price and the price a few periods ago.
Shows the difference between the current price and the price of a certain period in the past.
8. Chaikin Money Flow (CMF):
A variation of A/D that takes into account the daily price variation and weighs trading volume accordingly. Accumulation/Distribution (A/D) identifies buying and selling pressure by tracking the flow of money into and out of an asset based on volume patterns.
9. On-Balance Volume (OBV):
Identify divergences between trading volume and an asset's price.
Sum of trading volume when the price rises and subtracts volume when the price falls.
10. Money Flow Index (MFI):
Measures volume pressure in a range of 0 to 100.
Calculates the ratio of volume when the price goes up and when the price goes down.
11. Volume Oscillator (VO):
Identify divergences between trading volume and an asset's price. Ratio of change of volume, from a fast period in relation to a long period.
12. Price-Volume Trend (PVT):
Identify the strength of an asset's price trend based on its trading volume. Cumulative change in price with volume factor. The PVT calculation is similar to the OBV calculation, but it takes into account the percentage price change multiplied by the current volume, plus the previous PVT value.
13. Ultimate Oscillator (UO):
Combines three different time periods to help identify possible reversal points.
14. Fisher Transform (FT):
Normalize prices into a Gaussian normal distribution.
15. Z-Score/T-Score: Shows the difference between the current price and the price a few periods ago. I is a statistical measurement that indicates how many standard deviations a data point is from the mean of a data set.
When to use t-score instead of z-score? When the sample size is small (length < 30).
Here, the use of z-score or t-score is chosen automatically based on the length parameter.
█ What to look for
The operation is simple. The script checks for divergences between the price and the selected indicators.
Now with the possibility of using multiple symbols, it is possible to check divergences between different assets.
A well-described view on divergences can be found in this cheat sheet:
◈ Examples with SPY ETF versus indicators:
1. Regular bullish divergence with external indicator:
1. Regular bearish divergence with Fisher Transform:
1. Positive hidden divergence with Momentum indicator:
1. Negative hidden divergence with RSI:
◈ Examples with SPY ETF versus other symbols:
1. Regular bearish divergence with European Stoch Market:
2. Regular bearish divergence with DXY inverted:
3. Regular bullish divergence with Taiwan Dollar:
4. Regular bearish divergence with US10Y (10-Year US Treasury Note):
5. Regular bullish divergence with QQQ ETF (Nasdaq 100):
6. Regular bullish divergence with ARKK ETF (ARK Innovation):
7.Positive hidden divergence with RSP ETF (S&P 500 Equal Weight):
8. Negative hidden divergence with EWZ ETF (Brazil):
◈ Examples with BTCUSD versus other symbols:
1. Regular bearish divergence with BTCUSDLONGS from Bitfinex:
2. Regular bearish divergence with BLOK ETF (Amplify Transformational Data Sharing):
3. Negative hidden divergence with NATGAS (Natural Gas):
4. Positive hidden divergence with TOTALDEFI (Total DeFi Market Cap):
█ Conclusion
The symbols available to check divergences were chosen in such a way as to cover the main markets, in the most generic way possible.
You can adjust them according to your needs.
A trader in the American market, for example, could add more ETFs, American stocks, and sectoral indices, such as the XLF (Financial Select Sector SPDR Fund), the XLK (Technology Select Sector SPDR), etc.
On the other hand, a cryptocurrency trader could add more currency pairs and sector indicators, such as BTCUSDSHORTS (Bitfinex), USDT.D (Tether Dominance), etc.
If the chart becomes too cluttered, you can use the option to show only the number of divergences or only the indicator abbreviations.
Or even disable certain indicators and symbols, if they are not of interest to you.
I hope this script is useful.
Don't forget to support LonesomeTheBlue's work too.
1 min Volume Flow Indicator (VFI) with EMA ribbonOriginally Markos Katsanos' indicator that LazyBear made popular here on TW. Now updated to Pine Script version 5, which makes multi-timeframe charting easier.
The initial Katsanos' idea for the indicator is the following:
"The VFI is based on the popular On Balance Volume (OBV) but with three very important modifications:
Unlike the OBV, indicator values are no longer meaningless. Positive readings are bullish and negative bearish.
The calculation is based on the day’s median instead of the closing price.
A volatility threshold takes into account minimal price changes and another threshold eliminates excessive volume. ...
A simplified interpretation of the VFI is that values above zero indicate a bullish state and the crossing of the zero line is the trigger or buy signal.
The strongest signal with all money flow indicators is of course divergence.
The classic form of divergence is when the indicator refuses to follow the price action and makes lower highs while price makes higher highs (negative divergence). If price reaches a new low but the indicator fails to do so, then price probably traveled lower than it should have. In this instance, you have positive divergence."
I set up default settings for intraday trading I personally have found the most useful. And what I have found useful is how and which volume flows in and out on 1 min chart. For 1 min volume flow I find it convenient to have specific EMAs as guidance: 360, 720, 1440, 2160, 2880, 3600, 4320 -- the logic is derived from how many minutes there are per specific hours and days. Since short term trends typically last for three days, 1440 and 4320 EMAs are the ones I myself concentrate the most. That is to say, quite often 1min volume flow pivots around 1440 and 4320 EMAs.
If you want to see 1 min volume flow on some other timeframe than 1 min, change the timeframe in the settings.
MomentumIndicatorsLibrary "MomentumIndicators"
This is a library of 'Momentum Indicators', also denominated as oscillators.
The purpose of this library is to organize momentum indicators in just one place, making it easy to access.
In addition, it aims to allow customized versions, not being restricted to just the price value.
An example of this use case is the popular Stochastic RSI.
# Indicators:
1. Relative Strength Index (RSI):
Measures the relative strength of recent price gains to recent price losses of an asset.
2. Rate of Change (ROC):
Measures the percentage change in price of an asset over a specified time period.
3. Stochastic Oscillator (Stoch):
Compares the current price of an asset to its price range over a specified time period.
4. True Strength Index (TSI):
Measures the price change, calculating the ratio of the price change (positive or negative) in relation to the
absolute price change.
The values of both are smoothed twice to reduce noise, and the final result is normalized
in a range between 100 and -100.
5. Stochastic Momentum Index (SMI):
Combination of the True Strength Index with a signal line to help identify turning points in the market.
6. Williams Percent Range (Williams %R):
Compares the current price of an asset to its highest high and lowest low over a specified time period.
7. Commodity Channel Index (CCI):
Measures the relationship between an asset's current price and its moving average.
8. Ultimate Oscillator (UO):
Combines three different time periods to help identify possible reversal points.
9. Moving Average Convergence/Divergence (MACD):
Shows the difference between short-term and long-term exponential moving averages.
10. Fisher Transform (FT):
Normalize prices into a Gaussian normal distribution.
11. Inverse Fisher Transform (IFT):
Transform the values of the Fisher Transform into a smaller and more easily interpretable scale is through the
application of an inverse transformation to the hyperbolic tangent function.
This transformation takes the values of the FT, which range from -infinity to +infinity, to a scale limited
between -1 and +1, allowing them to be more easily visualized and compared.
12. Premier Stochastic Oscillator (PSO):
Normalizes the standard stochastic oscillator by applying a five-period double exponential smoothing average of
the %K value, resulting in a symmetric scale of 1 to -1
# Indicators of indicators:
## Stochastic:
1. Stochastic of RSI (Relative Strengh Index)
2. Stochastic of ROC (Rate of Change)
3. Stochastic of UO (Ultimate Oscillator)
4. Stochastic of TSI (True Strengh Index)
5. Stochastic of Williams R%
6. Stochastic of CCI (Commodity Channel Index).
7. Stochastic of MACD (Moving Average Convergence/Divergence)
8. Stochastic of FT (Fisher Transform)
9. Stochastic of Volume
10. Stochastic of MFI (Money Flow Index)
11. Stochastic of On OBV (Balance Volume)
12. Stochastic of PVI (Positive Volume Index)
13. Stochastic of NVI (Negative Volume Index)
14. Stochastic of PVT (Price-Volume Trend)
15. Stochastic of VO (Volume Oscillator)
16. Stochastic of VROC (Volume Rate of Change)
## Inverse Fisher Transform:
1.Inverse Fisher Transform on RSI (Relative Strengh Index)
2.Inverse Fisher Transform on ROC (Rate of Change)
3.Inverse Fisher Transform on UO (Ultimate Oscillator)
4.Inverse Fisher Transform on Stochastic
5.Inverse Fisher Transform on TSI (True Strength Index)
6.Inverse Fisher Transform on CCI (Commodity Channel Index)
7.Inverse Fisher Transform on Fisher Transform (FT)
8.Inverse Fisher Transform on MACD (Moving Average Convergence/Divergence)
9.Inverse Fisher Transfor on Williams R% (Williams Percent Range)
10.Inverse Fisher Transfor on CMF (Chaikin Money Flow)
11.Inverse Fisher Transform on VO (Volume Oscillator)
12.Inverse Fisher Transform on VROC (Volume Rate of Change)
## Stochastic Momentum Index:
1.Stochastic Momentum Index of RSI (Relative Strength Index)
2.Stochastic Momentum Index of ROC (Rate of Change)
3.Stochastic Momentum Index of VROC (Volume Rate of Change)
4.Stochastic Momentum Index of Williams R% (Williams Percent Range)
5.Stochastic Momentum Index of FT (Fisher Transform)
6.Stochastic Momentum Index of CCI (Commodity Channel Index)
7.Stochastic Momentum Index of UO (Ultimate Oscillator)
8.Stochastic Momentum Index of MACD (Moving Average Convergence/Divergence)
9.Stochastic Momentum Index of Volume
10.Stochastic Momentum Index of MFI (Money Flow Index)
11.Stochastic Momentum Index of CMF (Chaikin Money Flow)
12.Stochastic Momentum Index of On Balance Volume (OBV)
13.Stochastic Momentum Index of Price-Volume Trend (PVT)
14.Stochastic Momentum Index of Volume Oscillator (VO)
15.Stochastic Momentum Index of Positive Volume Index (PVI)
16.Stochastic Momentum Index of Negative Volume Index (NVI)
## Relative Strength Index:
1. RSI for Volume
2. RSI for Moving Average
rsi(source, length)
RSI (Relative Strengh Index). Measures the relative strength of recent price gains to recent price losses of an asset.
Parameters:
source : (float) Source of series (close, high, low, etc.)
length : (int) Period of loopback
Returns: (float) Series of RSI
roc(source, length)
ROC (Rate of Change). Measures the percentage change in price of an asset over a specified time period.
Parameters:
source : (float) Source of series (close, high, low, etc.)
length : (int) Period of loopback
Returns: (float) Series of ROC
stoch(kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Stochastic Oscillator. Compares the current price of an asset to its price range over a specified time period.
Parameters:
kLength
kSmoothing : (int) Period for smoothig stochastic
dSmoothing : (int) Period for signal (moving average of stochastic)
maTypeK : (int) Type of Moving Average for Stochastic Oscillator
maTypeD : (int) Type of Moving Average for Stochastic Oscillator Signal
almaOffsetKD : (float) Offset for Arnaud Legoux Moving Average for Oscillator and Signal
almaSigmaKD : (float) Sigma for Arnaud Legoux Moving Average for Oscillator and Signal
lsmaOffSetKD : (int) Offset for Least Squares Moving Average for Oscillator and Signal
Returns: A tuple of Stochastic Oscillator and Moving Average of Stochastic Oscillator
stoch(source, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Stochastic Oscillator. Customized source. Compares the current price of an asset to its price range over a specified time period.
Parameters:
source : (float) Source of series (close, high, low, etc.)
kLength : (int) Period of loopback to calculate the stochastic
kSmoothing : (int) Period for smoothig stochastic
dSmoothing : (int) Period for signal (moving average of stochastic)
maTypeK : (int) Type of Moving Average for Stochastic Oscillator
maTypeD : (int) Type of Moving Average for Stochastic Oscillator Signal
almaOffsetKD : (float) Offset for Arnaud Legoux Moving Average for Stoch and Signal
almaSigmaKD : (float) Sigma for Arnaud Legoux Moving Average for Stoch and Signal
lsmaOffSetKD : (int) Offset for Least Squares Moving Average for Stoch and Signal
Returns: A tuple of Stochastic Oscillator and Moving Average of Stochastic Oscillator
tsi(source, shortLength, longLength, maType, almaOffset, almaSigma, lsmaOffSet)
TSI (True Strengh Index). Measures the price change, calculating the ratio of the price change (positive or negative) in relation to the absolute price change.
The values of both are smoothed twice to reduce noise, and the final result is normalized in a range between 100 and -100.
Parameters:
source : (float) Source of series (close, high, low, etc.)
shortLength : (int) Short length
longLength : (int) Long length
maType : (int) Type of Moving Average for TSI
almaOffset : (float) Offset for Arnaud Legoux Moving Average
almaSigma : (float) Sigma for Arnaud Legoux Moving Average
lsmaOffSet : (int) Offset for Least Squares Moving Average
Returns: (float) TSI
smi(sourceTSI, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
SMI (Stochastic Momentum Index). A TSI (True Strengh Index) plus a signal line.
Parameters:
sourceTSI : (float) Source of series for TSI (close, high, low, etc.)
shortLengthTSI : (int) Short length for TSI
longLengthTSI : (int) Long length for TSI
maTypeTSI : (int) Type of Moving Average for Signal of TSI
almaOffsetTSI : (float) Offset for Arnaud Legoux Moving Average
almaSigmaTSI : (float) Sigma for Arnaud Legoux Moving Average
lsmaOffSetTSI : (int) Offset for Least Squares Moving Average
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
Returns: A tuple with TSI, signal of TSI and histogram of difference
wpr(source, length)
Williams R% (Williams Percent Range). Compares the current price of an asset to its highest high and lowest low over a specified time period.
Parameters:
source : (float) Source of series (close, high, low, etc.)
length : (int) Period of loopback
Returns: (float) Series of Williams R%
cci(source, length, maType, almaOffset, almaSigma, lsmaOffSet)
CCI (Commodity Channel Index). Measures the relationship between an asset's current price and its moving average.
Parameters:
source : (float) Source of series (close, high, low, etc.)
length : (int) Period of loopback
maType : (int) Type of Moving Average
almaOffset : (float) Offset for Arnaud Legoux Moving Average
almaSigma : (float) Sigma for Arnaud Legoux Moving Average
lsmaOffSet : (int) Offset for Least Squares Moving Average
Returns: (float) Series of CCI
ultimateOscillator(fastLength, middleLength, slowLength)
UO (Ultimate Oscilator). Combines three different time periods to help identify possible reversal points.
Parameters:
fastLength : (int) Fast period of loopback
middleLength : (int) Middle period of loopback
slowLength : (int) Slow period of loopback
Returns: (float) Series of Ultimate Oscilator
ultimateOscillator(source, fastLength, middleLength, slowLength)
UO (Ultimate Oscilator). Customized source. Combines three different time periods to help identify possible reversal points.
Parameters:
source : (float) Source of series (close, high, low, etc.)
fastLength : (int) Fast period of loopback
middleLength : (int) Middle period of loopback
slowLength : (int) Slow period of loopback
Returns: (float) Series of Ultimate Oscilator
macd(source, fastLength, slowLength, signalLength, maTypeFast, maTypeSlow, maTypeMACD, almaOffset, almaSigma, lsmaOffSet)
MACD (Moving Average Convergence/Divergence). Shows the difference between short-term and long-term exponential moving averages.
Parameters:
source : (float) Source of series (close, high, low, etc.)
fastLength : (int) Period for fast moving average
slowLength : (int) Period for slow moving average
signalLength : (int) Signal length
maTypeFast : (int) Type of fast moving average
maTypeSlow : (int) Type of slow moving average
maTypeMACD : (int) Type of MACD moving average
almaOffset : (float) Offset for Arnaud Legoux Moving Average
almaSigma : (float) Sigma for Arnaud Legoux Moving Average
lsmaOffSet : (int) Offset for Least Squares Moving Average
Returns: A tuple with MACD, Signal, and Histgram
fisher(length)
Fisher Transform. Normalize prices into a Gaussian normal distribution.
Parameters:
length
Returns: A tuple with Fisher Transform and signal
fisher(source, length)
Fisher Transform. Customized source. Normalize prices into a Gaussian normal distribution.
Parameters:
source : (float) Source of series (close, high, low, etc.)
length
Returns: A tuple with Fisher Transform and signal
inverseFisher(source, length, subtrahend, denominator)
Inverse Fisher Transform.
Transform the values of the Fisher Transform into a smaller and more easily interpretable scale is
through the application of an inverse transformation to the hyperbolic tangent function.
This transformation takes the values of the FT, which range from -infinity to +infinity,
to a scale limited between -1 and +1, allowing them to be more easily visualized and compared.
Parameters:
source : (float) Source of series (close, high, low, etc.)
length : (int) Period for loopback
subtrahend : (int) Denominator. Useful in unbounded indicators. For example, in CCI.
denominator
Returns: (float) Series of Inverse Fisher Transform
premierStoch(length, smoothlen)
Premier Stochastic Oscillator (PSO).
Normalizes the standard stochastic oscillator by applying a five-period double exponential smoothing
average of the %K value, resulting in a symmetric scale of 1 to -1.
Parameters:
length : (int) Period for loopback
smoothlen : (int) Period for smoothing
Returns: (float) Series of PSO
premierStoch(source, smoothlen, subtrahend, denominator)
Premier Stochastic Oscillator (PSO) of custom source.
Normalizes the source by applying a five-period double exponential smoothing average.
Parameters:
source : (float) Source of series (close, high, low, etc.)
smoothlen : (int) Period for smoothing
subtrahend : (int) Denominator. Useful in unbounded indicators. For example, in CCI.
denominator
Returns: (float) Series of PSO
stochRsi(sourceRSI, lengthRSI, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
sourceRSI
lengthRSI
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochRoc(sourceROC, lengthROC, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
sourceROC
lengthROC
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochUO(fastLength, middleLength, slowLength, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
fastLength
middleLength
slowLength
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochTSI(source, shortLength, longLength, maType, almaOffset, almaSigma, lsmaOffSet, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
source
shortLength
longLength
maType
almaOffset
almaSigma
lsmaOffSet
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochWPR(source, length, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
source
length
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochCCI(source, length, maType, almaOffset, almaSigma, lsmaOffSet, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
source
length
maType
almaOffset
almaSigma
lsmaOffSet
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochMACD(source, fastLength, slowLength, signalLength, maTypeFast, maTypeSlow, maTypeMACD, almaOffset, almaSigma, lsmaOffSet, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
source
fastLength
slowLength
signalLength
maTypeFast
maTypeSlow
maTypeMACD
almaOffset
almaSigma
lsmaOffSet
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochFT(length, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
length
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochVolume(kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochMFI(source, length, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
source
length
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochOBV(source, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
source
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochPVI(source, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
source
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochNVI(source, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
source
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochPVT(source, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
source
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochVO(shortLen, longLen, maType, almaOffset, almaSigma, lsmaOffSet, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
shortLen
longLen
maType
almaOffset
almaSigma
lsmaOffSet
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
stochVROC(length, kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD)
Parameters:
length
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
iftRSI(sourceRSI, lengthRSI, lengthIFT)
Parameters:
sourceRSI
lengthRSI
lengthIFT
iftROC(sourceROC, lengthROC, lengthIFT)
Parameters:
sourceROC
lengthROC
lengthIFT
iftUO(fastLength, middleLength, slowLength, lengthIFT)
Parameters:
fastLength
middleLength
slowLength
lengthIFT
iftStoch(kLength, kSmoothing, dSmoothing, maTypeK, maTypeD, almaOffsetKD, almaSigmaKD, lsmaOffSetKD, lengthIFT)
Parameters:
kLength
kSmoothing
dSmoothing
maTypeK
maTypeD
almaOffsetKD
almaSigmaKD
lsmaOffSetKD
lengthIFT
iftTSI(source, shortLength, longLength, maType, almaOffset, almaSigma, lsmaOffSet, lengthIFT)
Parameters:
source
shortLength
longLength
maType
almaOffset
almaSigma
lsmaOffSet
lengthIFT
iftCCI(source, length, maType, almaOffset, almaSigma, lsmaOffSet, lengthIFT)
Parameters:
source
length
maType
almaOffset
almaSigma
lsmaOffSet
lengthIFT
iftFisher(length, lengthIFT)
Parameters:
length
lengthIFT
iftMACD(source, fastLength, slowLength, signalLength, maTypeFast, maTypeSlow, maTypeMACD, almaOffset, almaSigma, lsmaOffSet, lengthIFT)
Parameters:
source
fastLength
slowLength
signalLength
maTypeFast
maTypeSlow
maTypeMACD
almaOffset
almaSigma
lsmaOffSet
lengthIFT
iftWPR(source, length, lengthIFT)
Parameters:
source
length
lengthIFT
iftMFI(source, length, lengthIFT)
Parameters:
source
length
lengthIFT
iftCMF(length, lengthIFT)
Parameters:
length
lengthIFT
iftVO(shortLen, longLen, maType, almaOffset, almaSigma, lsmaOffSet, lengthIFT)
Parameters:
shortLen
longLen
maType
almaOffset
almaSigma
lsmaOffSet
lengthIFT
iftVROC(length, lengthIFT)
Parameters:
length
lengthIFT
smiRSI(source, length, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
source
length
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiROC(source, length, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
source
length
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiVROC(length, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
length
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiWPR(source, length, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
source
length
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiFT(length, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
length
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiFT(source, length, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
source
length
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiCCI(source, length, maTypeCCI, almaOffsetCCI, almaSigmaCCI, lsmaOffSetCCI, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
source
length
maTypeCCI
almaOffsetCCI
almaSigmaCCI
lsmaOffSetCCI
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiUO(fastLength, middleLength, slowLength, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
fastLength
middleLength
slowLength
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiMACD(source, fastLength, slowLength, signalLength, maTypeFast, maTypeSlow, maTypeMACD, almaOffset, almaSigma, lsmaOffSet, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
source
fastLength
slowLength
signalLength
maTypeFast
maTypeSlow
maTypeMACD
almaOffset
almaSigma
lsmaOffSet
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiVol(shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiMFI(source, length, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
source
length
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiCMF(length, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
length
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiOBV(source, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
source
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiPVT(source, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
source
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiVO(shortLen, longLen, maType, almaOffset, almaSigma, lsmaOffSet, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
shortLen
longLen
maType
almaOffset
almaSigma
lsmaOffSet
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiPVI(source, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
source
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
smiNVI(source, shortLengthTSI, longLengthTSI, maTypeTSI, almaOffsetTSI, almaSigmaTSI, lsmaOffSetTSI, maTypeSignal, smoothingLengthSignal, almaOffsetSignal, almaSigmaSignal, lsmaOffSetSignal)
Parameters:
source
shortLengthTSI
longLengthTSI
maTypeTSI
almaOffsetTSI
almaSigmaTSI
lsmaOffSetTSI
maTypeSignal
smoothingLengthSignal
almaOffsetSignal
almaSigmaSignal
lsmaOffSetSignal
rsiVolume(length)
Parameters:
length
rsiMA(sourceMA, lengthMA, maType, almaOffset, almaSigma, lsmaOffSet, lengthRSI)
Parameters:
sourceMA
lengthMA
maType
almaOffset
almaSigma
lsmaOffSet
lengthRSI
(mab) Volume IndexThis script implements the (mab) Volume Index (MVI) which is a volume momentum oscillator. The formula is similar to the formula of RSI but uses volume instead of price. The price is calculated as the average of open, high, low and close prices and is used to determine if the volume is counted as up-volume or down-volume.
I created MVI to replace OBV on my charts, because OBV is not as simple to read and find e.g. divergences. MVI is much easier to read because it is an oscillator with a minimum value of 0 and a maximum value of 100. It's easy to find divergences too. I like to display MVI over the volume bars. However, you can display it in a separate pain as well.
Multi-Indicator Divergence ScreenerHere is a new screener for everyone.
I have applied my Better Divergence On Any Indicator logic to scan 3 different indicators and up to 6 different assets at one time. Shoutout to LonesomeTheBlue and QuantNomad for their respective work on divergence and scanner scripts. I've implemented similar logic to put together this scanner.
So far, I have added support for RSI, OBV, MACD, MFI, Stochastic, and FSR, though I'm happy to add more by request. Please note, for simplicity, I have removed the logic to filter for only overbought/oversold divergences. Because this can scan both centered oscillators and non-centered indicators, overbought/oversold does not apply to all of them. I may try to find a way to work in back in later, as time allows.
Personally, I like to find confluences different types of indicators. For instance, agreeable divergence with a centered strength oscillator like RSI and a volume based indicator like OBV gives me more confidence that there will be follow-through.
Like in the Better Divergence script, you can opt to scan for confirmed divergences, potential divergences, or both.
You have the option to show or hide a table that will tell you exactly which assets have divergence, on which indicator they were found, and how many points of divergence were identified. By default, bull divergences will be green, bear will be red, but you can change these base colors to your liking. Confirmed divergences are shown with a solid background, while potentials (if selected) are shown with transparent background. If all 3 of your chosen indicators have divergence in the same direction, the asset name will show in the bull or bear color to highlight the confluence.
Alerts have also been set up to fire on bar close. The message will essentially tell you the same thing the table does, but in condensed format.
You can choose to have alerts fire any time there is any divergence detected across all assets, only when there are divergences on at least 2 of the chosen indicators for a given asset, or limit them to only when all 3 indicators show divergence in agreement.
ERDAL SARIDAS Visual RSIOne-stop shop for all your divergence needs, including:
(1) A single metric for divergence strength across multiple indicators.
(2) Labels that make it easy to spot where the truly strong divergence is by showing the overall divergence strength value along with the number of divergent indicators. Hovering over the label shows a breakdown of each divergent indicator and its individual divergence strength value.
(3) Fully customizable, including inputs for pivot lengths, divergence types, and weights for every component of the divergence strength calculation. This allows you to quickly and easily optimize the output for any chart. Don't worry, the default settings will have you covered if you're not interested in what's going on under the hood.
The Divergence Strength Calculation:
The total divergence strength value is the sum of the divergence strengths of all indicators for which divergence was detected at a given bar. Each indicator's individual divergence strength is comprised of two basic components: (1) |ΔPrice| - the magnitude of the change in price over the divergence period (pivot-to-pivot), and (2) |ΔIndicator| - the magnitude of the change in indicator value over the divergence period.
Because different indicators' scales and volatility can vary greatly, the Δ values are expressed in terms of standard deviation to ensure that the values are meaningful and equitable across all indicators and assets/instruments/currency pairs, etc:
|ΔIndicator| = |indicator_value_1 - indicator_value_2| / 2 * StDev(indicator_series,100)
Calculation Weights:
All components of the calculation are weighted and can be modified on the Inputs page in settings (weights are simply multipliers). For example, if you think hidden divergence should carry less weight than regular divergence, you can assign it a lesser weight. Or if you think RSI divergence is worth more than OBV divergence, you can adjust their weights accordingly. List of weights:
Regular divergence weight - default = 1
Hidden divergence weight - default = 1
ΔPrice weight - default = 0.5 (multiplied by the ΔPrice component)
ΔIndicator weight - default = 1.5 (multiplied by the ΔIndicator component)
RSI weight - default = 1.1
OBV weight - default = 0.8
MACD weight - default = 0.9
STOCH weight - default = 0.9
Development for additional indicators is ongoing, as is research into the optimal weight configuration(s).
Other Inputs:
Pivot lengths - specify the number of bars before and after each pivot high/low to consider it a valid candidate for divergence.
Lookback bars and Lookback pivots - specify the number of bars or the number of pivots to look back across.
Price sources - specify separate price sources for bullish and bearish divergence
Display settings - specify how lines and labels should display, including which divergence strength values should show the largest labels. Include/exclude specific divergence types and indicators.
Please report any bugs, or let me know if you have any enhancement suggestions or requests for additional indicators.
Strength of Divergence Across Multiple IndicatorsOverview:
One-stop shop for all your divergence needs, including:
(1) A single metric for divergence strength across multiple indicators.
(2) Labels that make it easy to spot where the truly strong divergence is by showing the overall divergence strength value along with the number of divergent indicators. Hovering over the label shows a breakdown of each divergent indicator and its individual divergence strength value.
(3) Fully customizable, including inputs for pivot lengths, divergence types, and weights for every component of the divergence strength calculation. This allows you to quickly and easily optimize the output for any chart. Don't worry, the default settings will have you covered if you're not interested in what's going on under the hood.
The Divergence Strength Calculation:
The total divergence strength value is the sum of the divergence strengths of all indicators for which divergence was detected at a given bar. Each indicator's individual divergence strength is comprised of two basic components: (1) |ΔPrice| - the magnitude of the change in price over the divergence period (pivot-to-pivot), and (2) |ΔIndicator| - the magnitude of the change in indicator value over the divergence period.
Because different indicators' scales and volatility can vary greatly, the Δ values are expressed in terms of standard deviation to ensure that the values are meaningful and equitable across all indicators and assets/instruments/currency pairs, etc:
|ΔIndicator| = |indicator_value_1 - indicator_value_2| / 2 * StDev(indicator_series,100)
Calculation Weights:
All components of the calculation are weighted and can be modified on the Inputs page in settings (weights are simply multipliers). For example, if you think hidden divergence should carry less weight than regular divergence, you can assign it a lesser weight. Or if you think RSI divergence is worth more than OBV divergence, you can adjust their weights accordingly. List of weights:
Regular divergence weight - default = 1
Hidden divergence weight - default = 1
ΔPrice weight - default = 0.5 (multiplied by the ΔPrice component)
ΔIndicator weight - default = 1.5 (multiplied by the ΔIndicator component)
RSI weight - default = 1.1
OBV weight - default = 0.8
MACD weight - default = 0.9
STOCH weight - default = 0.9
Development for additional indicators is ongoing, as is research into the optimal weight configuration(s).
Other Inputs:
Pivot lengths - specify the number of bars before and after each pivot high/low to consider it a valid candidate for divergence.
Lookback bars and Lookback pivots - specify the number of bars or the number of pivots to look back across.
Price sources - specify separate price sources for bullish and bearish divergence
Display settings - specify how lines and labels should display, including which divergence strength values should show the largest labels. Include/exclude specific divergence types and indicators.
Please report any bugs, or let me know if you have any enhancement suggestions or requests for additional indicators.
@reees
On Balance Volume DeviationThe objective of this indicator is to be a leading indicator that can detect a large price change before it happens. It is based on the On Balance Volume (OBV) indicator, which is a leading indicator based on the premise that a large change in volume often precedes a large price change. This indicator charts the N-Period deviation of the OBV data and displays it as a histogram. This is overlayed on an area chart of the M-Period SMA of the histogram data. This combination helps to visually enhance the pattern that signifies that a jump in price is about to happen.
Useage:
When the histogram bars are above the area plot, then a jump in price is about to happen
As with all leading indicators, there are a lot of false signals. Confirm with price action or another indicator
The further the histogram bars are above the area plot, the larger the predicted jump in price
It seems to work better on shorter intraday timeframes than on the longer timeframes
At the close of a market session, it is a good indicator of how much the price will jump on the opening of the next market session.
Cumulative VolumeThis is a simple script and is derived from OBV (On Balance Volume).
While OBV will smoothen the data, Cumulative Volume will start at zero and add the trading volume on a bullish day and will subtract on a bearish day.
This tool is great to spot divergences between price and volume.
Enjoy! ;-)
Goethe A - Multiple Leading Indicator PackageGoethe A is an Indicator Package that contains multiple leading and lagging indicators.
The background is that shows the local trend is calculated by either two Moving Averages or by a Kumo Cloud. By default the Kumo Cloud calculation is used.
What are those circles?
-These are OBV (or VPT, can be set in the options) Divergences. Red for Regular-Bearish. Orange for Hidden-Bearish. Green for Regular-Bullish. Aqua for Hidden-Bullish.
What this middle line?
-The middle line is calculated by a smoothed Heikin-Ashi indicator. I can be used as a dynamic zone of support and resistance. Many times this indicator is used as entry signal giver in trend following strategies.
What are those background lines?
-The background contains a simple Daily Pivots indicator. This indicator can be read as zones of Support and Resistance that updated based on the used timeframe.
What is this smaller thin grey line?
-This is a very simple Stoploss indicator based on Donchian Channels. The trade direction is based and calculated by the local trend (background color)
What are those small orange or aqua triangles?
- These are Pivots . They show when the OBV or wolfpack oscillators (or a double confirmation of both) might reverse, this is important to know because many times the price action follows this move.
What are those purple triangles?
- These are Pivots . They show when the PVT oscillator might reverse, this is important to know because many times the price action follows this move.
What are those big orange or aqua triangles?
- These are TSI (true strength indicator) entry signals . They are calculated by the TSI entry signal, the TSI oscillator treshold and in conjunction with the overall local trend (background color).
What are those white squares?
- These are Overbought or Oversold regions of the build-in RSI bands indicator. Every time the price crosses one of the RSI bands those squares are printed. Most of the time this happens after a move and indicates that this strong move has come to an end.
Most settings of the indicator package can be modified to your liking and based on your chosen strategy might have to be modified. Please keep in mind that this indicator is a tool and not a strategy, do not blindly trade signals, do your own research first! Use this indicator in conjunction with other indicators to get multiple confirmations.
The Witcher [30MIN] - AlertsHello,
This is the Witcher Bot
This bot is got best performance at BTCUSDTPERP BINANCE FUTURES
this is bot for leverage 1x,
I tried focusing at highest % profitable trades, bot could be optimalised to even higher profit net.
TP: 1.1
SL: 8.2
Stop-loss unfortunelly have to be high to avoid bear/bull traps
The core of this strategy is trend strenght ( MONEY FLOW INDKES)
Strategy can only open position on strong price movment, to avoid wrong decision
Settings are set for highest profitable trades %
Bot using 10 indicators to trigger basic condtition for long and short :
1) ADX - Is one of the most powerful and accurate trend indicators. ADX measures how strong a trend is, and can give valuable information on whether there is a potential trading opportunity.
2) RSI - value helps strategy to stop trade in right time. When RSI is overbought strategy don't open new longs , also when RSI is oversold strategy don't open new shorts
3) TREND STRENGHT
4) JURIK MOVING AVERAGE - The Jurik Moving Average indicator is one of the surest ways to smoothen price curves within a minimum time lag. The indicator offers currency traders one of the best price filters during strong price moves. In this time, when bitcoin price action is so strong, this indicator is necessary.
5) SAR - The parabolic SAR is a technical indicator used to determine the price direction of an asset, as well as draw attention to when the price direction is changing. SAR supporting bot, to not open new trades when the trends are slowly changing
6) TREND INDICATOR
7) MOMENTUM - Indicator istechnical analysis tool used to determine the strength or weakness of a stock's price. Momentum measures the rate of the rise or fall of stock prices. Common momentum indicators include the relative strength index ( RSI ) and moving average convergence divergence ( MACD ).
8) OBV - On-balance volume (OBV) is a technical trading momentum indicator that uses volume flow to predict changes in stock price.
9) FAST MA - like previous ones this is for better view of trends, and correctly define the trends, also Speed_MA are using for predict the future price action.
10) RANGE FILTER - this indicator is for the better view of trends, define trends, that is important for every bull/bear traps which helps a lot becouse of the very variable trends.
I decided to add momentum indicator to strategy, to make a fast-reacting decision on lower timeframes at extremly price volatility
Also bot got additional EMA scalping option, which increase profit net but, in some situation, that could be risky.
For max security I recommend to turn off this option.
Commision are set at standard binancefutures VIP-0 = 0.04%
After converting strategy into study version, bot is ready for automation.
All the ploting color depends of adx value.
Strategy are not Repainting
For the source code I tried to keep as clean as I could
Enjoy
Indicator Functions with Factor and HeikinAshiHello all,
This indicator returns below selected indicators values with entered parameters.
Also you can add factorization, functions candles, function HeikinAshi and more to the plot.
VERSION:
Version 1: returns series only source and Length with already defined default values
Version 2: returns series with source, Length, p1 and p2 parameters according to the indicator definition (ex: )
PARAMETERS p1 p2
for defining multi arguments (See indicators list) indicator input value usable with verison=V2 selected.. ex: for alma( src , len ,offset=0.85,sigma=6), set source=source, len=length, p1=0.85 an p2=6
FACTOR:
Add double triple, Quadruple factors to selected indicator (like converting EMA to 2-DEMA, 3-TEMA, 4-QEMA...)
1-Original
2-Double
3-Triple
4-Quadruple
LOG
Log: Use log, log10 on function entries
PLOTTING:
PType: Plotting type of the function on the screen
Original :use original values
Org. Range (-1,1): usable for indicators between range -1 and 1
Stochastic: Convert indicator values by using stochastic calculation between -1 & 1. (use AT/% length to better view)
PercentRank: Convert indicator values by using Percent Rank calculation between -1 & 1. (use AT/% length to better view)
ST/%: length for plotting Type for stochastic and Percent Rank options
Smooth: Use SWMA for smoothing the function
DISPLAY TYPES
Plot Candles: Display the selected indicator as candle by implementing values
Plot Ind: Display result of indicator with selected source
HeikinAshi: Display Selected indicator candles with Heikin Ashi calculation
INDICATOR LIST:
hide = 'DONT DISPLAY', //Dont display & calculate the indicator. (For my framework usage)
alma = 'alma( src , len ,offset=0.85,sigma=6)', // Arnaud Legoux Moving Average
ama = 'ama( src , len ,fast=14,slow=100)', //Adjusted Moving Average
acdst = 'accdist()', // Accumulation/distribution index.
cma = 'cma( src , len )', //Corrective Moving average
dema = 'dema( src , len )', // Double EMA (Same as EMA with 2 factor)
ema = 'ema( src , len )', // Exponential Moving Average
gmma = 'gmma( src , len )', //Geometric Mean Moving Average
hghst = 'highest( src , len )', //Highest value for a given number of bars back.
hl2ma = 'hl2ma( src , len )', //higest lowest moving average
hma = 'hma( src , len )', // Hull Moving Average .
lgAdt = 'lagAdapt( src , len ,perclen=5,fperc=50)', //Ehler's Adaptive Laguerre filter
lgAdV = 'lagAdaptV( src , len ,perclen=5,fperc=50)', //Ehler's Adaptive Laguerre filter variation
lguer = 'laguerre( src , len )', //Ehler's Laguerre filter
lsrcp = 'lesrcp( src , len )', //lowest exponential esrcpanding moving line
lexp = 'lexp( src , len )', //lowest exponential expanding moving line
linrg = 'linreg( src , len ,loffset=1)', // Linear regression
lowst = 'lowest( src , len )', //Lovest value for a given number of bars back.
pcnl = 'percntl( src , len )', //percentile nearest rank. Calculates percentile using method of Nearest Rank.
pcnli = 'percntli( src , len )', //percentile linear interpolation. Calculates percentile using method of linear interpolation between the two nearest ranks.
rema = 'rema( src , len )', //Range EMA (REMA)
rma = 'rma( src , len )', //Moving average used in RSI . It is the exponentially weighted moving average with alpha = 1 / length.
sma = 'sma( src , len )', // Smoothed Moving Average
smma = 'smma( src , len )', // Smoothed Moving Average
supr2 = 'super2( src , len )', //Ehler's super smoother, 2 pole
supr3 = 'super3( src , len )', //Ehler's super smoother, 3 pole
strnd = 'supertrend( src , len ,period=3)', //Supertrend indicator
swma = 'swma( src , len )', //Sine-Weighted Moving Average
tema = 'tema( src , len )', // Triple EMA (Same as EMA with 3 factor)
tma = 'tma( src , len )', //Triangular Moving Average
vida = 'vida( src , len )', // Variable Index Dynamic Average
vwma = 'vwma( src , len )', // Volume Weigted Moving Average
wma = 'wma( src , len )', //Weigted Moving Average
angle = 'angle( src , len )', //angle of the series (Use its Input as another indicator output)
atr = 'atr( src , len )', // average true range . RMA of true range.
bbr = 'bbr( src , len ,mult=1)', // bollinger %%
bbw = 'bbw( src , len ,mult=2)', // Bollinger Bands Width . The Bollinger Band Width is the difference between the upper and the lower Bollinger Bands divided by the middle band.
cci = 'cci( src , len )', // commodity channel index
cctbb = 'cctbbo( src , len )', // CCT Bollinger Band Oscilator
chng = 'change( src , len )', //Difference between current value and previous, source - source.
cmo = 'cmo( src , len )', // Chande Momentum Oscillator . Calculates the difference between the sum of recent gains and the sum of recent losses and then divides the result by the sum of all price movement over the same period.
cog = 'cog( src , len )', //The cog (center of gravity ) is an indicator based on statistics and the Fibonacci golden ratio.
cpcrv = 'copcurve( src , len )', // Coppock Curve. was originally developed by Edwin "Sedge" Coppock (Barron's Magazine, October 1962).
corrl = 'correl( src , len )', // Correlation coefficient . Describes the degree to which two series tend to deviate from their ta. sma values.
count = 'count( src , len )', //green avg - red avg
dev = 'dev( src , len )', //ta.dev() Measure of difference between the series and it's ta. sma
fall = 'falling( src , len )', //ta.falling() Test if the `source` series is now falling for `length` bars long. (Use its Input as another indicator output)
kcr = 'kcr( src , len ,mult=2)', // Keltner Channels Range
kcw = 'kcw( src , len ,mult=2)', //ta.kcw(). Keltner Channels Width. The Keltner Channels Width is the difference between the upper and the lower Keltner Channels divided by the middle channel.
macd = 'macd( src , len )', // macd
mfi = 'mfi( src , len )', // Money Flow Index
nvi = 'nvi()', // Negative Volume Index
obv = 'obv()', // On Balance Volume
pvi = 'pvi()', // Positive Volume Index
pvt = 'pvt()', // Price Volume Trend
rise = 'rising( src , len )', //ta.rising() Test if the `source` series is now rising for `length` bars long. (Use its Input as another indicator output)
roc = 'roc( src , len )', // Rate of Change
rsi = 'rsi( src , len )', // Relative strength Index
smosc = 'smi_osc( src , len ,fast=5, slow=34)', //smi Oscillator
smsig = 'smi_sig( src , len ,fast=5, slow=34)', //smi Signal
stdev = 'stdev( src , len )', //Standart deviation
trix = 'trix( src , len )' , //the rate of change of a triple exponentially smoothed moving average .
tsi = 'tsi( src , len )', //True Strength Index
vari = 'variance( src , len )', //ta.variance(). Variance is the expectation of the squared deviation of a series from its mean (ta. sma ), and it informally measures how far a set of numbers are spread out from their mean.
wilpc = 'willprc( src , len )', // Williams %R
wad = 'wad()', // Williams Accumulation/Distribution .
wvad = 'wvad()' //Williams Variable Accumulation/Distribution
I will update the indicator list when I will update the library
Thanks to tradingview, @RodrigoKazuma for their open source indicators