This is Jurik RSX version that accepts price preliminarily filtered using the best original JMA' clone on TradingView . As Mr. Jurik noticed: "A smooth (low noise) trend is more efficient than a noisy trend. Given that RSX measures market trend direction and efficiency, it stands to reason that RSX would respond better (display larger dynamic range) when fed...
This strategy utilizes a smoothed moving average to identify the current trend on the resolution being viewed. The trend is also the signal for entries and occasional exits. The majority of exits will be determined using an additional smoothed moving average of shorter length. There is much more to come for this one, but it seems to be working fantastically in...
This is a smoothed version of RSI indicator with an EMA of RSI for signal. RSI works better for long-term overbought and oversold price levels, and it is great by determining the beginning and ending of bull/bear markets when the weekly RSI crosses one of its thresholds (40 and 60). Two modifications to help smooth the raw RSI signal: the input into the 16-week...
this script is the triple exponential smoothed moving average with integrated bull and bear power bar. the default values are based around the GVT token, experimenting with other values may work against other alts. how to use: -if the signal wave crosses above the power bar the trend is up -if the signal wave crosses below the power bar the trend is down. -if...
I was wondering how Jurik's Velocity works and after some time I created a little bit different Velocity. What is this? Everybody heard about the momentum indicator. The classic momentum shows the difference between the current price and the price N periods ago. How far in the past the comparison is made is up to the trader. When the indicator reaches...
This is a means to find the highest triple moving average input from an array of triple moving averages. The effect is to dampened the impact of price changes and look for a critical level to qualify a good or bad trades. If the price closes above a rising red line the odds probably favor a long. If the price closes below a declining red line the odds probably...
🆓 Smoothed Chande Trend Score w/ Signal Line by Cryptorhythms 👀Did not see this one in the public library yet, so here you go! I added an ema signal line that you can configure the length on. Also dressed it up a little with OB/OS zones and some purdy colors. Here are long + short charts: 👍Enjoying this indicator or find it useful? Please give me a like...
It is a graphical indicator used to identify trends and pullbacks. Through it, it is possible to eliminate the noises and clearly see the smoothed pattern. How should I use it ? This is just a example to be used with this indicator. Let's assume that we are looking for sell opportunities. step 1: identify some (at least 3) positives (green) candles with...
B3 Least Squares Regression or "LSR" is very similar to the mid-line at the end of a linear regression channel, except that in a linear regression you cannot see the history of the regression well. There is also the linear regression and least squares curves in some platforms, and this would also be a similar indicator. The smoothness of my indicator and the...
This Indicator plots Regular and Hidden Divergences lines for an RSI smoothed by an EMA and for its Signal Line The RSI can be set to change colour with direction or can be set as single colour Colour Changing RSI helps when trading Multiple Timeframes as you can look for confluence in the direction of RSI The divergence script is thanks to @RicardoSantos, I've...
This is a simple script that smooths out RSI lines. You can choose your own values to apply the default being 2. A median line of 50 has been added to easily spot RSI cross over.
View multiple-timeframe RSIs in a single interval. All RSI lines stay the same no matter your preference to trade in 15m, 1h, 3h…. etc. Default RSI length is 7 (can be changed in the format settings) All RSIs are smoothed out in default (can be changed in the format settings) Line colors 5m RSI - white (disabled in default) 15m RSI - Lime (disabled in...
Accumulation is a term used to describe a market controlled by buyers; whereas distribution is defined by a market controlled by sellers. Williams recommends trading this indicator based on divergences: Distribution of the security is indicated when the security is making a new high and the A/D indicator is failing to make a new high. Sell. ...
An inverse fisher transformation of a modified RSI plotted against a smoothed version of itself. The general trading rules of this indicator are as follows: 1. if the histogram is > 0 and above the line and is green; buy if the histogram is > 0 and is below the line (green or gray); sell buy position 2. if the histogram is < 0 and below the line and is red;...
I normally don't publish my indicators. However, I couldn't find a smoothed stochastic on TradingView officially or unofficially. This is a standard implementation of a smoothed Fast Stochastic where %K and %D are calculated and then smoothed by n periods. This helps to reduce chop and gives better extreme signals. I have defaulted the indicator to use commonly...