I like a clean chart and trade primarily with price action alone, but the power of VWAP is undeniable, which is why VWAP is the basis of most of my scripts. The VWAP oscillator plots VWAP as the zero line with exponential average price, relative to VWAP. This can be use the same way you would traditionally use VWAP, but after creating the script, I noticed...
Many know of the VIX for equity trading. Yet, many are unaware that there is the same kind of volatility measure for trading bonds, called the MOVE Index. "The Merrill Lynch Option Volatility Estimate (MOVE) Index is a yield curve weighted index of the normalized implied volatility on 1-month Treasury options which are weighted on the 2, 5, 10, and 30 year...
+ %B is, at its simplest, the classic Bollinger Bands %B indicator with a few added bells and whistles. However, the right combination of bells and whistles will often improve and make a more adaptable indicator. Classically, Bollinger Bands %B is an indicator that measures volatility, and the momentum and strength of a trend, and/or price movements. It shows...
This indicator consists of two lines. One is a gray line (USD) and the asset indicator is green or red. The basis of this indicator is the true strength indicator (TSI) with parameters 5,15. Both line sets are based on a TSI (5,15). The lookback period is for new highs / new lows. Default value is 200 periods. GREEN/RED LINE The first that is green and red is...
Japanese below. / 日本語説明は下記 Summary This indicator shows CCI of the current timeframe and another CCI from upper timeframe as MTF CCI with ability to show signals and set alerts when crossing upper/bottom bands. For general use of CCI, please refer to the link below(by TradingView) jp.tradingview.com How is it different from other MTF CCI indicators?...
This is a highly stable, volatility adaptive, Moving Average Convergence Divergence (MACD) that uses a modified calculation based on improved logarithmic measurements of the momentum. 1- This MACD provides the trader with most accurate detection of divergences, both regular and hidden ones, and shows them on the MACD Histogram. 2- Furthermore, the MACD/Signal...
The Money Flow Index (MFI) is a momentum indicator that measures the flow of money into and out of a security over a specified period of time. It is related to the Relative Strength Index (RSI) but incorporates volume, whereas the RSI only considers price. The MFI is calculated by accumulating positive and negative Money Flow values (see Money Flow), then creating...
This Indicator is an experimental Divergence Finder using the DBT MoMo formula. See DBT MoMo v.4 for details on the main script. It uses a slower version of the DBT MoMo Price Line to smooth out the trend and color codes the Price Line based on its trend. Bullish Divergence is denoted by Blue Labels below the Price Line. Bearish Divergence is denoted by...
This indicator is based on the amazing work of (@whentotrade) Lars von Theinen's RSI cyclic smoothed (cRSI). More information on the original indicator and how to use it can be found below. The On Chart Reverse cRSI is a visual representational spin of the cRSI or (RSI cyclic smoothed, by Lars von Theinen) you all know and love with the addition of two key...
This indicator is based on the amazing work of (whentotrade) Lars von Theinen's RSI cyclic smoothed (cRSI). More information on the original indicator and how to use it can be found below. The Reverse cRSI is in essence the same cRSI or (RSI cyclic smoothed, by Lars von Theinen) you all know and love with the addition of two key features, that in conjunction can...
Uses the difference between two PMA (Moving Average Periodical) indicators to create an oscillator. Useful for visualizing daily/weekly cycles, strength and potential momentum. The defaults are 2 days (fast) and 5 days (slow).
This is the Strategy version of the Study I published. It is a Moving Average that can be applied to any plot to plot divergences on any oscillator, as well as perform backtesting. You'll need a REALLY good oscillator to perform live trades using this alone, but I think it is a valuable tool and had the Strategy hanging around and for some reason didn't upload it...
This is a simple mod of the Uber Oscillator with more periods added to the mix and combined with a the Tradingview Divergence spotter. Compare it to the standard Ultimate Oscillator and see the difference. Good to even overlay them even. It basically just adds more detail. You won't always need it but sometimes it can catch big drops/peaks earlier then the...
This is a mod of Tistas mod of the default RSI divergences. www.tradingview.com This is a SMA that can be applied to any indicator for divergence seeking. This can be useful if you use a custom indicator script and want divergences added, or for any oscillator really. Set the length to 1 and it will mirror the oscillator in question.
The On Chart Reverse RSI+EMA Cross With Divergence is a visual representational spin of the original RSI+EMA to assist the end-user in their decision making for entry, exit and risk management, as well as freeing up space for the chart. The On Chart Reverse RSI+EMA Cross With Divergence, which very basically is a smoothed reverse engineered calculation of the...
(Top Chart Version) Similar to the first version, this one plots divergence lines on the main chart instead of a separate panel. Plots divergence between correlated pairs. Ie. EURUSD - XAUUSD - DXY NJDJPY - AUDJPY - NZD Index XAU - XAG USOIL - UKOIL BTCUSD - ALTPERP
(Bottom Version) Plots divergence between correlated pairs. Ie. EURUSD - XAUUSD - DXY NJDJPY - AUDJPY - NZD Index XAU - XAG USOIL - UKOIL BTCUSD - ALTPERP
The Reverse MACD Cross + Histogram Divergence is in essence the same MACD you all know and love with two added features which can be used to assist the end-user in their decision making for entry, exit and risk management. The first feature is a Reverse MACD Cross price, which very basically is a smoothed reverse engineered calculation of the MACD Signal Line in...