- Fisher Stochastic Center of Gravity- This is Fisher's Stochastic Center of Gravity converted to pine v4 by blackcat. A very powerful entry indicator! The original was published by DasanC & EmpiricalFX and it's a very interesting take on FSCG. All the credit for the indicator goes to the authors and inventor of FSCG, this is just a mod to be used with my NLX...
I took the normal CCI version and I made it better and more pleasantly visual. At the same time now the CCI changes color based on the direction is going to take We also have more levels, to define even better the current situation. Details are simple : green color cci = uptrend - > buy red color cci = downtrend - > sell
The Adaptive Commodity Channel Index V1 was created by John Ehlers (Rocket Science For Traders pgs 236-237) and this is the typical Commodity Channel formula with the introduction of adaptive lengths based on his earlier work with indicators such as the Mother of Adaptive Moving Averages. For longer term signals you would get a bullish signal when CCI is above 0...
This is a simple but efficient indicator. Its made from an oscillator, which is calculated from the current close price with the highest high and the lowest low over a period of time. This way we can see how much prices has changed over a X ammount of candles ( in positive or negative ) .
How it begin? Traders and investors use market breadth in order to assess the index’s overall health. Market breadth can be a reliable, if not an accurate, indicator of an upcoming price rise in the index. Similarly, it can also provide early warning signs for a future price decline. What is it? market breadth in this case refer to percentage of stocks above...
The Adaptive Relative Vigor Index was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pgs 140-141) and it does a pretty good job of capturing the peaks and valleys of the underlying data. There are several ways to read this particular indicator so for long term trades then buy when it goes above 0 and sell when it falls below 0 or for shorter...
This script was originally for finding the ATR for Range Bars, by subtracting (close - open) and then taking the moving average. It has been updated to allow the user to select which sources to subtract, and set the period for the moving average. In this script, bars shown above zero indicate that price is increasing and bars shown below zero indicate that price...
This was a strategy I found based on MT4. It takes CCI readings, then transforms them into a weighted moving average illustration. This is represented as: Red Line - A six period moving average taken from CCI (NOT PRICE) Green Line - A sixty-six period moving average taken from CCI (NOT PRICE) Blue Line - CCI plotted I have also added some levels and bollinger...
This is a combination of various indicators that very rarely conflict, thus giving us a good understanding: - "Price Rally" detecting whether price is rallying, giving us confidence it will continue. - Volume - knowing volume is going with the trend is a good confidence check. - Trend Angle - This will go red or green depending on whether the price angle is going...
My own interpretation indicator which i call multi time frame moving averages momentum with NO LAG EMA support (Optional). The indicator is calculated by subtracting the long-term EMA from the short-term EMA . This pretty much resembles the MACD moving averages calculation but without the smoothing of the histogram. Can also be used to find divergences. The...
Level: 3 Background The large funds or banker fund are often referred to as Whale. Whale can have a significant impact on the price movements in various markets, especially in cryptocurrency . Therefore, how to monitor Whale trends is of great significance both in terms of fundamentals and technical aspects. Function L3 Banker Fund Flow Trend Oscillator can...
Candlesticked RSI v2 for price action traders! See the True Momentum. 6 chart type, smooth RSI , add signal lines, find divergences, special alerts This is 2nd version with major upgrade Improved and more powerful fully customizable. features: See RSI in 6 type of chart(Candles, Hollow Candles, Siwi Candles, Heikin Ashi, HL Bar, Line) Monitor Up...
CCI & EMA_CROSS_Paydar Hello everyone This indicator is actually a very efficient oscillator, This system is a unique combination of indicators CCI and EMA, which of course has special settings, these settings are adjusted as much as possible due to signaling. As you can see in the picture: CCI: the two colors line, green and red, are actually the same...
Thanks to MasBart, I updated the earlier version to normalize signal and lead according to vigor and trigger. Vigor and trigger are limited to +-2. Now signal and lead are also in that range. The code of interest is lines 39-43: tmpdif = (BP - nz(BP ))/close a = array.new_float(0) for i = 0 to win-1 array.push(a, tmpdif ) den = array.max(a) den is then used...
An example of using str.replace_all() function to extract a crypto ticker without its pair. It can be useful if you didn't know syminfo.basecurrency existed. I didn't know syminfo.basecurrency exists. Lol
With the arrival of the blessed gifts of arrays from TV, I now present the REAL "Truncated Bandpass Filter" indicator employing PSv4.0 upon initial release, originally formulated by the magnificent mathemagician Dr. John Ehlers for TASC - July 2020 Traders Tips. Don't be bamboozled by the other incorrect truncated bandpass filters found on TV, those published with...
This is my first indicator. It PROVIDES BUY, SHORT, and FALSE Signals by taking the MACD and the 200EMA.
This approach is from Dr. John Ehlers: The trend vigor indicator is not the same as the Relative Vigor Index (RVI). Trend Vigor measures the strength of the trend relative to the cycle. The larger the value of the Trend Vigor, the more powerful the trend is relative to the cycle. The trend vigor is the slope of the close (or any other price input) over one full...