This is a multi-time frame trend direction indicator. It indicates whether the trend is ascending or descending across multiple time frames: 5M, 15M, 30M, 1H, 4H, and Daily. The logic is based on the positions of EMA12 and EMA26. These EMAs are smoothed with an SMA. Why 12 and 26, and why are they smoothed with 9? As you might surmise, these parameters are...
This custom indicator combines the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) into a single trading tool. It calculates the MACD and RSI values, then averages these two indicators to create a composite line. This average line is intended to capture the momentum and relative strength of the market simultaneously, potentially...
Components of the Indicator RSI Settings: The RSI is set with a length parameter, which can be adjusted by the user but defaults to 14. This measures the speed and change of price movements. MACD Settings: The MACD is composed of two lines: the MACD line and the signal line, which are calculated from exponential moving averages (EMAs) of different lengths...
Introducing the "Cycle Oscillator" by OmegaTools, an innovative addition to your TradingView analysis toolkit. This script is designed to offer a unique approach to understanding market cycles without the need for volume data, making it versatile across various market conditions and asset classes. Key Features: - Cycle Length Customization: Tailor the cycle...
The only difference from the classic MACD is that this one is calculated with VWMA instead of sma. Why do I prefer it? Classic MACD does not include volume. But MACD - VWMA includes volume as well. How to use it? Whatever you do with MACD, you can do with this. However, if my other indicators meet the conditions, I check MACD - VWMA and if I see that Macd is...
The FVG Oscillator, developed by OmegaTools and available on TradingView, is a specialized analytical tool designed to offer traders insight into the market's potential direction through the lens of Fair Value Gaps (FVGs). This script combines traditional oscillator functionality with a unique focus on FVGs, providing a nuanced approach to understanding market...
Improved version of MACD with asymmetrical BUY and SELL approaches. This indicator is based on popular MACD one, but with some "tricks" designed to make it more applicable to the rapidly changing crypto market. Key benefits: Dynamic auto-adjusted threshold to filter out weak signals Highlighted BUY/SELL signals with divergence (if a signal is...
The "ROC Since Morning" indicator is designed for traders who wish to gauge the momentum of an asset from a specific time in the morning, allowing for a customizable analysis of pre-market and intraday movements. This indicator calculates the Rate of Change (ROC) from a user-defined hour, offering insights into how the price has moved since then. How to Use: Add...
Sharpen your analysis of market trends with the CCI indicator. Effectively evaluate market cycles and identify potential reversals, enriching your strategic planning. This connectable CCI indicator is part of an indicator system designed to help test, visualize and build strategy configurations without coding. Like all connectable indicators , it interacts...
Enhance your market insight with the MACD indicator. Monitor momentum to make more informed trading decisions, facilitating the development of stronger strategies. This connectable MACD indicator is part of an indicator system designed to help test, visualize and build strategy configurations without coding. Like all connectable indicators , it interacts...
// © Harjit91 // Revision_3 indicator Here // Revision_4 Made just Strategy from indicator // Revision_5 Indicator with Table Details //@version=5 indicator('Project_1135_Kunal_Sangle__Halftrend__Indicator', 'WEALTH LEGEND', overlay=true) // strategy('Project_1135_Kunal_Sangle__Halftrend__Strategy', 'Halftrend', overlay=true, process_orders_on_close =...
Moving Averages (MA): Two moving averages are plotted on the chart: a fast MA (blue line) and a slow MA (red line). The fast MA is calculated using a shorter period (10 periods by default), while the slow MA is calculated using a longer period (30 periods by default). Moving averages help identify trends by smoothing out price fluctuations. When the fast MA...
The Candle Bias Oscillator (CBO) with volume and ATR scaling is a unique technical analysis tool designed to capture market sentiment through the analysis of candlestick patterns, volume momentum, and market volatility. This indicator is built on the foundation of assessing the bias within a candlestick's body and wicks, adjusted for market volatility using the...
Inspired by the Chande Trend Meter (this is not the Chande Trend Meter), this indicator aims to show the trend so you can make trading decisions accordingly. This is calculated by looking at Donchian Channels over a number of lengths (20, 40, 60 periods, etc.), converting them to percent, and then applying a weighting and smoothing similar to the Know Sure Thing...
Hello Fellas, It's time for a new adaptive fisherized indicator of me, where I apply adaptive length and more on a classic indicator. Today, I chose the Z-score, also called standard score, as indicator of interest. Special Features Advanced Smoothing: JMA, T3, Hann Window and Super Smoother Adaptive Length Algorithms: In-Phase Quadrature, Homodyne...
Building upon the innovative foundations laid by Zeiierman's Machine Learning Momentum Index (MLMI), this variation introduces a series of refinements and new features aimed at bolstering the model's predictive accuracy and responsiveness. Licensed under the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License (CC BY-NC-SA 4.0), my...
Relative Strength Scoring System : Important prerequisite : This indicator can be loaded on any forex chart, i.e. a currency pair, but must not be loaded on any other asset due to certain market closures. The chart timeframe must be less than or equal to the trading timeframe, which is the indicator's first parameter. A timeframe equal to that of the...
The "F.B_Consolidation Range Identifier" (F.B_CRI) is an indicator aimed at identifying consolidation areas in the price chart. Here is an explanation of the logic and usage of this indicator: Calculation of Standard Deviation This indicator analyzes the market's volatility by considering the standard deviation of price movements over a defined period. A...