Coded by vaidab.
A simple strategy to buy dips in an uptrend.
How to use:
- buy on trend when price retraces to the orange "buy" line and compound orders
- sell when price reaches red line (stop loss) or at 💰 (take profit)
Note that you can reverse trade on the 💰 sign for a short scalp / day trade.
What is Origami Oscillator?
Origami Oscillator was created as a companion to our main script Origami Algo. Using the oscillator along with Origami Algo will allow you to boost your overall understanding of any market, and make more informed decisions as a trader.
Built-In Improved WaveTrend Oscillator
Buy & Sell Signals
Trend Power Index measures the power of a given trend relative to its past strength.
Increasing values indicate strengthening of an upward trend or weakening of a downward trend
Decreasing values indicate strengthening of a downward trend or weakening of an upward trend.
Crossing zero is a confirmation of trend initiation in the respective direction
This plots the Hull Moving Average Turning Points and Concavity
with the addition of colored segments representing concavity and turning points: maxima, minima and inflection.
a fast way to determine the trend direction and possible reversals based on concavity of the trend
Dark Green: Concave Up but HMA decreasing. The 'mood' has changed and the...
According to TradingView the Detrended Price Oscillator is an oscillator that removes trend from price in order to more clearly show an instrument's cyclical
highs and lows so that an investor or trader may more easily time when to buy or sell the underlying instrument. Accordingly, it is not meant to be used as a way of gauging momentum, however, I find it...
This is an updated version (with lots of extras added) of the Accumulation/Distribution indicator coded by @Cl8DH.
You can read about what he says about his indicator, and how to use it, here:
So, from that, what have I done?
I added a moving average (of which there are many types to choose from) so that you can use this...
TDI- RSI+DIV+BB by MARIE BABO ft. Crypto JeSus
The indicator has built-in RSI, Moving average, divergence tracker (classic and hidden), bollinger bands
1) RSI Period
A) Fast MA on RSI - red
B) Slow MA on RSI - green (classic RSI curve)
2) Bollinger bands (serves as dynamic support and resistance)
A) Volatility walls - blue
B) MA - yellow (moving...
MACD & RSi Confluence. Great for those who are looking for RSI & macd signals. Highlights volatility & structure points for entering & exiting the market. You have to understand market volatility to understand this concept. So please research more on those subjects before using.
Hello everyone <3
I present to you guys my new indicator Volume per Point (VP)
As suggested by the title, this script gives you the volume for every point.
Here's a run down on specific features:
The columns can be the following four colors:
Green - There was an increase in VP
Red - There was a decrease in VP
Yellow - There was...
As you requested, this is my own version of OBVwith these features:
- Plot various types of moving averages ("SMA","Smooth SMA","SuperSmooth MA","EMA","DEMA","TEMA","Triangular MA","QEMA","RMA","Hull MA","KAMA","WMA","VWMA","CTI","LSMA","VIDYA","Blackman Filter","Adaptive RSI","Probability")
- Change the length of moving average
- Change the...
This simple indicator is a stylistic modification of the original TradingView Divergence indicator. I've enhanced the following:
RSI will turn RED when overbought and CYAN when oversold. CYAN presents an LONG opportunity, while RED is where I look for SHORT entries.
Added background color to the the Oversold/Mid-Level and...
This indicator has been developed as an early warning tool to estimate the probability of correction in the US stock market. It works best in the daily chart.
The underlying stock index is converted to a scale between 0% and 100% based on its 52-week highs and lows. Where 100% is closing price at 52-week high and 0% is closing...
This is a very specialised and optimized script, for 1m EURUSD traders - daytraders, scalpers.
1m trading is very difficult, but it can be also most profitable, if done right.
Why difficult? It is hard to detect market direction - usually when trend indicators reverse, that new trend is already over. One and the same indicator signal sometimes provides one...
This indicator is a modified form of the Swenlin Trading Oscillator.
HOW TO INTERPRET:
- To some extent, its application resembles working with MACD.
- Bullish and bearish divergences are similar to the work of MACD divergences.
- If the stock falls, but you see that the histogram is green, then you can conclude that the fall is not real and soon the fall will...
This script uses the MESA EMA and SMA as well as the ROC/MESA cross to help find the take profit areas when trading divergences using market cipher or wavetrend. It is inspired by jordanfungs MESA indicator, however this one is different because it is not lagging in the signals.
Hope you enjoy it, and make sure to backtest any strategy before you use it.
Mean Reversion indicator based on RSI Divergences at Overbought/Oversold conditions with Price above/below a Standard Deviation from Daily VWAP. Useful for intra-day trading.
1. RSI is at Overbought/Oversold
2. RSI Divergence present (not hidden)
3. RSI has not reached Neutral level (i.e. 50)
4. Price has crossed above/below a Standard Deviation...