Fisher Transform developped by Ehlers is used mostly to detect peaks and troughs, which it does with little lag, but there are many false signals. Looking at its formula and construction, we can revisit it for the purpose of detecting trends and flat market. How do we want to do that? There are 3 different actions: Increase the default value from usual 9 or...
The "Dynamic Trend Fusion" (DTF) indicator is a powerful technical analysis tool for traders. It stands out from other indicators due to its adaptability and ability to provide insights into different trading styles. Users can choose from various trading options such as "Short-term Trading," "Long-term Trading," "Aggressive Short-term," "Conservative Long-term,"...
The multi-data oscillator is a tool created to help traders visualize clearly how an oscillator works and moves considering different input parameters. In this tool, you can choose to visualize the script as the RSI, the CCI, the LOC indicator, a custom-created formula that simply shows the location of the data considering X past values, or the average of all of...
Binary Fisher | Adaptive Fisher Transform | Adaptive Bands | Smoothing (+) | Customizable (+) Built using Pine Script V5. Introduction The Binary Fisher is a tool that transforms your traditional market analysis. This indicator is for traders seeking a dynamic and responsive view of market turning points. Innovation and Inspiration Drawing inspiration...
The nRSI stands as a groundbreaking enhancement of the traditional Relative Strength Index (RSI), specifically engineered for traders seeking a more refined and accurate tool in fast-moving markets. Customizable Price Change Period (n): Unlike the traditional RSI which solely relies on a fixed period for average gains and losses, the nRSI introduces an...
The Detrended Price Rate of Change is an oscillator developed to help traders identify potential conditions of overbought and oversold markets. The formula of the oscillator includes both the Detrended price formula, useful to spot divergences, and the Rate of change simplified formula, which helps in identifying overextended markets and gives useful information...
The Enhanced McClellan Summation Index (MSI) is a comprehensive tool that transforms the MSI indicator with Heikin-Ashi visualization, offering improved trend analysis and momentum insights. This indicator includes MACD and it's histogram calculations to refine trend signals, minimize false positives and offer additional momentum analysis. Methodology: ...
This custom script, titled " MACD Pulse Check ," is a modified and enhanced version of the traditional Moving Average Convergence Divergence (MACD) indicator, commonly used in trading for trend-following and momentum strategies. Here's a breakdown of its features and benefits over the traditional MACD: Multiple MACD Lines with Different Parameters: The script...
INFO: This indicator can be used to build-up a strategy for trading of assets which are currently in trending phase. My preference is to use it on slowly moving assets like GOLD and on higher timeframes, but practice may show that we find more usefull cases. This script uses two indicators - MACD and RSI, as the timeframe that those are extracted for is...
INFO: This indicator is useful for trending assets, as my preference is for low-frequency trading, thus using BTCUSD on 1D/1W chart In the current implementation I find two possible use cases for the indicator: - as a stand-alone indicator on the chart which can also fire alerts that can help to determine if we want to manually enter/exit trades based on the...
Extreme duration uses a special combination of the RSI and its relative position to deliver a reversal signal. The following are the conditions to generate signals: * Bullish signal: The current 8-period RSI is below 50 and above 35 while the previous 5 RSI's are below 35. * Bearish signal: The current 8-period RSI is above 50 and below 65 while the previous 5...
//==================================================================================================================== The "MACD_with_reference" indicator aims to illustrate the MACD (Moving Average Convergence Divergence) on two distinct timeframes: the base timeframe (typically the chart's timeframe, e.g., 1D) and the reference timeframe (defaulted to 1W). This...
EN - FxCanli TradingView Panel Indicator shows the status of RSI, Stochastic, MACD and AO indicators in many TradingView symbols at the same time. You can follow the market by geting an alarm instantly or at candle close about these indicators. AT THE DEMO VERSION, YOU CAN FOLLOW ONLY 2 SYMBOL AT THE SAME TIME TR - FxCanli TradingView Panel Göstergesi aynı...
EN - FxCanli TradingView Panel Indicator shows the status of RSI, Stochastic, MACD and AO indicators in many TradingView symbols at the same time. You can follow the market by geting an alarm instantly or at candle close about these indicators. AT THE DEMO VERSION, YOU CAN FOLLOW ONLY 2 SYMBOL AT THE SAME TIME TR - FxCanli TradingView Panel Göstergesi aynı...
The Fisher Transform Indicator is classified as an oscillator, meaning that its value swings above and below a central point. This characteristic allows traders to identify overbought and oversold conditions, providing potential clues about market reversals. As mentioned previously, it is an oscillator so the strength of the move is displayed by how long the...
The Omega Macro is an indicator part of the Omega Toolkit. The purpose of this tool is to provide a clear vision and a lot of useful indicators to analyze the market in the long term with more macro analysis. The script has different features: - Rating evaluator: this feature allow traders to have an overview of all the indicator inside of this script at once...
Spot-Vol Correlation Script Guide Purpose: This TradingView script measures the correlation between percentage changes in the spot price (e.g., for SPY, an ETF that tracks the S&P 500 index) and the changes in volatility (e.g., as indicated by the VIX, the Volatility Index). Its primary objective is to discern whether the relationship between spot price and...
Today I'm proposing an idea to form S/R with a slightly different basic idea. This is a combination of CCI and candlestick study, and we will use this to mark possible reversal candles and possible S/R lines. This is nothing complicated, I've used a basic CCI indicator with certain rules/system to mark S/R levels on the chart. (Have loaded traditional CCI...