Cynotronic Divergence toolThis tool was developed to accurately capture divergences. Back-testing has shown it's relatively more accurate in detecting all types of divergences (both hidden and regular).
The tool is NOT to be used in isolation; it's best used in conjunction with moving averages (preferably the 20 SMA);
How to use
1. The indicator background indicates bullish (green background color) or bearish (red background color) sentiments;
2. Indicator reversal is most bullish when price action is above MA;
3. Indicator reversal + Green background + price above MA is extremely Bullish ;
4. Indicator reversal + Green background + price below MA is indicative of an incoming distribution phase;
5. Indicator reversal + Red background + price above MA is slightly bullish ;
6. Indicator reversal + Red background + price above MA is indicative of an incoming accumulation period.
מתנד מומנטום (MOM)
HTF IchimokuThis Indicator makes trading with ichimoku on different timeframes alot easier and more intuitive. It colors bars according to ichimoku trend and plots Kumo Breakouts and tk crosses.
tips are always welcome at: 38uGQJDDZDL6wX48x4gYTccPeQ3ZHVYmY4 ( btc )
Happy tradings :)
Dynamic Momentum IndexThis indicator was originally developed by Tushar S. Chande and Stanley Kroll. They described it in their book The New Technical Trader (1994).
The period for DMI calculation depends on the market volatility. DMI uses a longer period as volatility decreases and a shorter period as volatility increases, making it more responsive to changing prices than RSI which uses a fixed period. That's why the indicator is called "dynamic". You can specify the DMI period bounds (defaults are 5 and 30) in the indicator settings.
The calculation is based on the standard deviation of prices. The authors used a custom volatility index to adjust RSI period - the similar concept was used in the original VIDYA (yes, it was based on the standard deviation).
Source code on request
Next Candle HA MomentumVery simple script that updates realtime and shows possible next candle outcome and difference between current HA candle and current regular candle.
It's intended to use on Heikin Ashi and shows actual price on them, while on regular candles shows difference.
Idea was suggested by my husband and we decided to develop and publish it together.
Enjoy and check other scripts on my profile!
15 minute Day Trade Crusher [FHenry0331]
How to use:
Time frame: 15 minutes
Long: Wait for green candles. It is preferred to have a retest of the decision line for long position. Other places will be break of pre-market highs
Short: Wait for red candles. It is preferred to have a retest of the decision line for short positions. Other places will be break of pre-market consolidation area.
Tips:
Stock should have premarket volume of 50K or more.
It is best if you have a bias long or a bias short, and only take those positions when the set up lines up. Trying to do both will chop you up.
Rsi momentum experimentalThis is RSI momentum , I try to make it as experiment so I hope it not bad:)
the up strength is in blue and the down momentum is in red
Momentum heatmap @CosmonautCExplanation:
14 different indicators 4 public ones (RSI, StochRSI, CCI and Wavetrend oscillator) the rest are custom private ones of preexisting momentum indicators or completely custom ones created by me.
To determine green-red color the indicators are assesed on 7 different metrics and then given a score of 1-100 based on the current state of those 7 metrics. The length input is universal meaning all indicators and metrics will be affected by it. Source input is only for indicators.
It might take a bit to load as the code is all in all around 600 lines and due to a large amount of custom functions and if statements
Usage:
darker green = buy
Darker red = sell
light green= approaching good buy opportunity/buy opportunity in shaky markets
Light red = same as light green but for sells
gray/almost no color = undecided/turning point
Enjoy!
Waddah Attar Explosion [smillal]This is just a slightly altered version of Lazy Bear's great indicator
with the added feature to draw the explosion line in different colors while it is currently rising or falling.
🔗Blockchain Fundamentals - BTC Network Momentum - Cryptorhythms🔗Blockchain Fundamentals - Bitcoin Network Momentum by Cryptorhythms
Description
Network Momentum is a view created by PositiveCrypto which looks into the value transmitted through the Bitcoin blockchain denominated in BTC value plotted against Bitcoin`s price. It serves as a leading indicator of Bitcoin bull markets. Sufficiently high levels of value throughput is needed drive bull markets.
Network Momentum, if it was corrected for Bitcoin`s expanding token supply, would essentially be Bitcoin Velocity. In other words an inverse chart of NVT Ratio.
Bitcoin Network Momentum is another piece of the puzzle to help our understanding of Bitcoin fundamentals and their impact on price. Bitcoin Network Momentum looks at the relationship between Bitcoin’s price and the BTC value of daily transactions flowing through the blockchain.
It is important to note here that we are using the BTC daily value flowing through the blockchain, not the USD daily value which NVT Signal uses.
What we see when we look at this is that the BTC value of daily transactions acts as a leading indicator of Bitcoin’s major market phases.
Extras
We give you the option of changing the median price lookback length
👍 Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
💬 Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join.
For Trialers & Chat: t.me
DepthHouse - Peak DivergenceDepthHouse - Peak Divergence indicator uses the same linear regression calculation as my Peak Momentum Oscillator to help determine and plot peak momentum points.
These peak levels are then plotted by either red or green lines above or below the candle.
Red lines represent a peak in bear momentum while green represents peaks in bull momentum.
These levels are then used to determine momentum divergence in the displayed market.
If divergence is present the bars colors will change represent either bull or bear div.
Important Notes:
If the price crosses a peak line and the bar color does not change; it means momentum has increased/decreased with the price and the divergence has been canceled.
If divergence is present, and then the following candle is not colored then momentum has increased to cancel the previously present divergence.
By default, the look-back period is set to zero , which automatically calculates the distance for the peak levels to look-back. However this number can be set to whatever look-back period you would like.
At time of release this indicator is in its early stages. So please leave feedback on how it can be improved!
Trend Power Index by Kripto MuhtarThis indicators shows power of the momentum of a trend. Zero-lag algorithm is used to remove the lag. The moving average of RSI in a giving period is substracted from RSI in a giving period. Then, the result is smoothed, lag is removed and the data is standardized.
Indicator shows the turning points of a trend in a giving period. It helps to catch trends earlier. For further details, visit kriptomuhtar.com
Suitable for all markets.
İndikatör mumların yüksek ve düşük fiyatlarını kullanarak RSİ ve RSI ortalamasını hesaplayarak aradaki farkı bulur. Sonuçlar standardize edilmiş ve zero-lag algoritmasıyla RSI ve ortalama hesabından kaynaklanan mum gecikmesi ortadan kaldırılmıştır. RSI ve RSI ortalaması arasındaki fark negatif olduğunda indikatör kırmızı, pozitif olduğunda mavi olur.
Standart olarak RSI 5 periyod, ortalama 35 periyod ve düzeltme faktörü 5 olarak belirlenmiştir. Tüm piyasalarda çalışmaktadır.
Detaylı anlatım için aşağıdaki bağlantıyı ziyaret ediniz.
kriptomuhtar.com/kurslar/muhtarin-indikatorleri/
Momentum Oscillator Momentum Oscillator
Concept for this leading indicator presented in IFTA by By M.Fawzy.
Ehlers Triple Delay-Line DetrenderThis indicator was originally developed by John F. Ehlers (Stocks & Commodities , V.18:7 (July, 2000): "Optimal Detrending").
Mr. Ehlers applied the ideas of the radar systems for the financial time series detrending.
Mr. Ehlers constructed the Triple Delay-Line Canceller first, then smoothed it with the Modified Optimum Elliptic Filter with minimal lag. The smoothed detrended signal is smoothed again with the Modified Optimum Elliptic Filter to obtain signal line.
As result, the crossings of the two indicator lines catch every major cyclic move and the detrender itself can be used as the first step in more sophisticated analyses.
Probabilistic Trend IndicatorAn indicator which attempts to assert the probability of the trend based on a given Sample Size and Look-Back Confirmation Size.
The green dots indicate the probability given to price.
The orange dots indicate the probability given to volume.
The aqua line is a weighted average between them.
The Sample Size is the number of candles to include in the entire calculation.
- This number should be higher to gather more data.
The Look-Back Confirmation Size is the number of candles to include, to confirm the current candles relative strength.
- This number should be lower to give a stronger closer relative reading.
Values above 50 indicate a strengthening position toward prices increasing.
- The strength of this value is weakly exponential and may max out around 80
Values below 50 indicate a strengthening position toward prices decreasing.
- The strength of this value is weakly exponential and may max out around 20
~ Enjoy!
BP Scalper with resistance barsThis Script is used for scalping on the 15 min. It can do the other time frames but i built it for primarily the 15. There is some logic where i use the previous candles and i'm using intervals of 4 to get 1 hour estimates. This also works with the 1 hour, because the 4 hour is what it will compare with.
It uses Buy volume and sell volume to create the indicators.
If the buy volume starts losing traction on the sell volume the indicator triggers.
Price Momentum MACD Signal Multiple Timeframes Momentum Indicator with MACD Signal & Base Line
MACD Histogram Indicator is good , but what if you can use momentum as improving it ?
Well Using Price Momentum and the MaCD we can achieve a better action price strategy.
Based upon @LazyBear and @ChrisMoody indcators respectively.
SHEAVY S StrategyThe new version is completely revamped where you no longer need to follow a said system the system is now scripted into SHEAVY XV
the strategy using all the previous variables in order to go long or short .
i removed the RSI Candles as well as a few other things to clear up the screen and settings section so its not overwhelming
Make sure you adjust your trailing stop accordingly using my Hidden ATR script i will have open access too, just follow the math displayed in the left hand corner to get appropriate stop placement
If you cannot link your broker then this is how you will use SHEAVY XV
after you get a BEAR TREND or BULL TREND signal you only want to SHORT or LONG
the signals are displayed at the top for your entries going SHORT and LONG
and the conditional closes will be displayed at the bottom in the respected colors
alerts are set so you are able to appropriate send to your mobile device or email
to find out how to attain access to this script please visit the website below
www.cryptocurrentlyvip.com
MAKE SURE TO PRACTICE APPROPRIATE RISK AND MONEY MANAGEMENT
DISCLAIMER
***THIS SCRIPT WAS INTENDED FOR EXPERIMENTAL PURPOSES ONLY***
AND THE CREATOR OF THIS STRATEGY HELD WITHIN THE SCRIPT WILL NOT BE RESPONSIBLE FOR ANY LOSSES OR WINS ACCRUED.
Renko - RSI MomentumIn essence this Renko trading system is the following:
1. Momentum based entries
2. Trend trading system (small losses, big wins)
3. As well as a trend continuation system
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!IMPORTANT!
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- You MUST have a Pro+ account. Why? Cause Renko NEEDS to run on 1min or 5min chart, nothing larger.
If you don't, the chart will repaint .
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CHART SETUP
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1. Set chart to Renko
2. Set period of chart to 1 min (or 5 min)
3. Set Renko box size method to "Traditional"
4. Set Renko box size to:
- JPY Pairs: 0.2 to 0.4
- Other Major/Minors: 0.002 - 0.004
- Exotic pairs: NO IDEA... (I haven't tested them yet)
5. Load the indicator
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RULES
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Trend Entry
An arrow will appear the following conditions are met:
LONG: RSI(7) goes above 55 AND price is above the 50 SMA
SHORT: RSI(7) goes below 45 AND price is below the 50 SMA
Enter immediately after the bar is printed.
Counter Trend Entry
An orange dot appears when the following conditions are met:
LONG: RSI(7) goes above 55 AND price is below the 50 SMA and above the 10 EMA
SHORT: RSI(7) goes below 45 AND price is above the 50 SMA and below the 10 EMA
I would not suggest entering immediately but rather finding a trendline or support/resistance that is being broken.
Exit
- Exit when a white bar is printed
- OR use your own discretion. Like 2 bars in opposite direction or on EMA cross or hit of support/resistance.
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CHART
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- Green bars are when the RSI(7) is above 55.
- Red bars are when the RSI(7) is below 45.
- White bars are when the RSI(7) is between 45and 55.
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