Godmode 4.0.1 [Correlator]First off, a huge thank you to the following people:
@LEGION:
@LazyBear: www.tradingview.com
@xSilas: www.tradingview.com
@Ni6HTH4awK: www.tradingview.com
@sco77m4r7and:
@SNOW_CITY: www.tradingview.com
@oh92: www.tradingview.com
@alexgrover: www.tradingview.com
@cI8DH: www.tradingview.com
@DonovanWall: www.tradingview.com
This is my second iteration of Godmode. This time I allowed the possibility to correlate two benchmarks against one another, thereby giving you twice the signals (once there's a strong correlation between the two, inverse or otherwise). That aside, there are no changes to this indicator that the first iteration doesn't have:
There are still more iterations planned, but if you guys have any ideas or wishes regarding what direction I go, then please let me know.
Want to Learn?
If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com
The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources as well as any other scripts I publish.
Suggestions or Questions?
Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open.
Cari dalam skrip untuk "tsi"
Godmode 4.0.0 [Oscillator]First off, a huge thank you to the following people:
LEGION:
LazyBear: www.tradingview.com
xSilas: www.tradingview.com
Ni6HTH4awK: www.tradingview.com
sco77m4r7and:
SNOW_CITY: www.tradingview.com
oh92: www.tradingview.com
alexgrover: www.tradingview.com
cI8DH: www.tradingview.com
DonovanWall: www.tradingview.com
Since I've been on TradingView I've become somewhat enthralled by Godmode and the collective work that goes in to it, so I decided to publish my own iteration, building off the ideas already present. (This is a great way to get familiar with Pine by the way, just in case there are any beginners reading this)
Changes
The first change I made was to allow the user to select whatever tickerid they wanted as a benchmark. If trading XBTUSD on BitMEX for example, the indicator will react to exchange-specific activity, which means it will respond to all the little whipsaws, whipsaws that can be especially present on a futures exchange. By typing CRYPTOCAP:BTC or CRYPTOCAP:TOTAL we endeavor to remove noise. It can also signal earlier. Less noise and less lag. Another idea would be to choose a benchmark that has a strong inverse relationship with the asset you're trading: try CRYPTOCAP:USDT as the benchmark against BTC to see what I mean.
I also added the ability to smooth the plot, yet again removing noise but adding considerable lag.
The linear regression of the wave-trend is calculated in place of the EMA. This is plotted as columns with the midline (50) as the base. This is just calculating the slope of the wave-trend and can signal a weakening trend before a reversal takes place.
Using cI8DH's True RSI script () as inspiration, I added a function for calculating the True TSI in an attempt to remove any bullish bias. Funnily enough, when I tried to do the same with the RSI I had some problems. I'll try to resolve this in the coming weeks.
Made slight changes to the aesthetics. Tried to bring the two main plots alive by making their bold, opaque colors stand off the subtle tones in the background.
To Do List
1. I would like to sort out the issue with the True RSI.
2. When the plots are smoothed, there's an issue with the green 'Caution!' dots appearing in the lower half of the indicator.
3. I'd like to adjust the code so that if the 'Benchmark' box is empty, that it will automatically register the current tickerid as the 'Benchmark'.
If anyone has any suggestions on other fixes or how to apply the fixes mentioned by me, please don't hesitate to reach out to me here or through other media platforms.
Want to Learn?
If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com
The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources.
Suggestions or Questions?
Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open.
BITMEX:XBTUSD
CRYPTOCAP:BTC
CRYPTOCAP:TOTAL
CRYPTOCAP:USDT.D
SMIIOSMI Ergodic Indicator plus SMI Ergodic Oscillator in a single script: kind of a "faster MACD" oscillator (based on TSI, or so called True Strength Index) with a 20-period lookback.
Trend is bullish when crossing above 0 and bearish when crossing down, although you can use the divergences too, keep in mind the lookback period to dismiss fake long-term divergences.
Fancier default colors than when merging the two built-in indicators too!
Crypto TSI/VOLSo guys i added the vol to this indicator and i have started to notice patterns in the two duing big moves check it out let me know your thoughts
SMI-VIX-SPY-NDX-Index
This script offers an SMI index of VIX, SPY, and NDX. Rather than overlaying VIX, NDX and SPY on the same chart.
It's much easier to see the correlation between VIX's price and NDX / SPY price in this manner.
Thanks to Buckkets & William Blau for the TSI smoothing method.
True Strength Indicator + Moving Average Rate Of ChangeFusion de los 2 indicadores en uno solo para que las personas que no tienen FULL PRO puedan usar los 2 indicadores juntos sin ocupar lugar...
XD!!
Coppock Curve with its own Moving AverageIt shows Coppock with its own moving average. (Yes, in a way, 3 moving averages.)
Advised to use :
for long term, certainly not for day-trade;
on daily charts;
not as a standalone indicator, helps to read RSI, Klinger, TSI, CCI, etc.
as momentum-signaling: crossing 0, inflection points, crossover
as a quasi-centered, quasi oscillator, but not proportional always.
Weakness: mourning period certainly not the same for everyone.
Pair Strength: Updated Version of the one by GlazI updated this version used for Forex with Stock&Index related instruments. Enjoy.
True Strength Indicator BTCUSD 2HScript based on True Strength Index (TSI) and RSI
A technical momentum indicator that helps traders determine overbought and oversold conditions of a security by incorporating the short-term purchasing momentum of the market with the lagging benefits of moving averages. Generally a 25-day exponential moving average (EMA) is applied to the difference between two share prices, and then a 13-day EMA is applied to the result, making the indicator more sensitive to prevailing market conditions.
!!! IMPORTANT IN ORDER TO AVOID REPAITING ISSUES
!!! USE Chart resolution >= resCustom parameter, suggestion 2H
Yellow zones indicates that you can claim position for better profits even before a claim confirmation.
Dark zones indicates areas where RSI shows overbought and oversold conditions.
BTCUSD
SMI Ergodic Oscillator The SMI Ergodic Indicator is the same as the True Strength Index (TSI) developed by
William Blau, except the SMI includes a signal line. The SMI uses double moving averages
of price minus previous price over 2 time frames. The signal line, which is an EMA of the
SMI, is plotted to help trigger trading signals. Adjustable guides are also given to fine
tune these signals. The user may change the input (close), method (EMA), period lengths
and guide values.
You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
True Strength Indicator - WMAThis is the base Tradingview TSI indicator but with the WMA (weighted moving average) versus the base EMA. CME_MINI:ES1! CME_MINI:NQ1! CBOT_MINI:YM1! CME:E61!
Pair StrengthA pair strength indicator of EUR GBP USD Vs JPY and as an oscillator i used the TSI indicator
it is based on the article "May the Strength be with You"
"How to apply this info to our trading strategy?
I suggest at least two approaches:
1) filtering trades of your current strategy depending on the strength of currencies involved. As an example, if your system gives a buy signal on EURUSD, but we know that EUR has a much lower strength than USD, then this trade should be probably filtered out.
2) building an entire automatic strategy based on the strength concept itself. As an example, a strategy that constantly monitors the 6 pairs EURUSD, EURGBP, EURJPY, GBPJPY, GBPUSD, USDJPY and enters a trade only on 1 pair at a time when a huge spread among strengths is detected (buy EURUSD if EUR is the strongest currency and USD is the weakest one in our analysis)."
www.pimpmyea.com