Closing Score discloses to traders the sentiment of the traders in control of the current price. If we can accurately determine trader’s sentiment, we can determine where the market is heading. Closing Score utilizes a very simple concept and formula to determine the trader's collective sentiment. The formula (((Close – Low) / (High – Low) * 100)) produces a...
Changed values to better match the scale. Ported to pinescript v4.
This indicator will time Breakouts. DMI+ (DMI Plus) = Blue = Buying Pressure. DMI- (DMI Minus) = Pink = Selling Pressure. ADX = Overall strength of a Trend. White = Trend is strong and gaining momentum, Gray = Trend is Weakening. Can apply same logic for Divergences on DMI+ and DMI- lines.
Combined plot of RSI and StochRSI
The thickest blue line is the Momentum oscillator The lime colored line is the Acceleration oscillator The red colored line is the Jerk oscillator This is the {EMA} implementation. ~JuniAiko (=^~^=)v~
The thickest blue line is the Momentum oscillator The lime colored line is the Acceleration oscillator The red colored line is the Jerk oscillator This is the {SMA} implementation. ~JuniAiko (=^~^=)v~
Inspired by and To be used with SuperTrend by Alex Orekhov (everget)
When the indicator value is above the horizon line the trend is up, below the trend is down. Watch out for ranging markets.
// TTPro CryptocurrencyImpulse is a crypto strength meter that shows us which currencies are // strong or weak on any chosen timeframe. Buying into strength and selling into weakness is the key. // We have an advantage with this indicator in seeing strength and weakness at a glance and also // in being able to spot reversal opportunities when the lines cross over.
Helios is a simple to use oscillator. It represent the state of different indicators at the moment. If you see a small green column, that means that only one or few indicators are getting into the positiv area, wait for higher bars to get into a trade. Same thing on the red bars side. Calculation is based on few indicators like RSI , MACD , EMA , SMA and some...
This simple script helps you to visualize trends on main chart, to filter any other signals against trend and detect trend durations for other indicators optimizations.
Script for calculating the cumulative RSI for 8 popular forex currencies.
So V-2 of this script is ready... Easy profits is a script for quick on the go setups. Low maintenance is a nice part of this script. I simply found most scripts to be too technical and this was the motivation for a clear and simple script. I believe it will work well in any market and not just crypto currency. (only tested on crypto) Settings are minimal, and...