English:
An expansion of the Advance Decline Line of the NYSE. It can be interesting to compare the Advance Decline Line with the corresponding benchmark index. I therefore made a ranking (0 to 100) based on the performance over the last days (default: 21 days). The difference is the target figure and ranges between -100 (bearish divergence) to +100 (bullish...
Pretty simple really - when the oscillator is positive it means that there's bull RSI divergence, negative means there is bear RSI divergence.
Simple formula to make it, Rate of Change on RSI vs. Rate of Change on price, smoothed out using an EMA.
Credits to Daveatt for helping me fix the momentum =)
This panel shows the following:
-BTC LTC ETH prices on different exchanges listed on the panel.
-EMA above/below price 10/20/30/40/50/60/100/200/400 in form of symbols ( based on the "Momentum lines" script)
-MTF Momentum direction in form of symbols 1/3/5/15/30/45/1h/2h/4h/8h/12h/1D/1W/1M (based on the...
𝔻𝕚𝕧𝕖𝕣𝕘𝕚𝕟𝕘 𝕆𝕤𝕔𝕚𝕝𝕝𝕒𝕥𝕠𝕣𝕤
No Offset's, No delay
There is 6 Oscillators diverging in release version
For micro tf charting -requires manual tune on input menu
Cumulative Volume Delta or simply CVD is the accumulation of the Total Volume Delta .
It starts accumulating from the beginning of the available volume data.
It only shows meaningful information for symbols with volume data.
It does not change its shape when changing timeframes.
How to use it:
You can start using it by searching for divergences with the price.
Hello Friends,
* Chande Momentum Oscillator (CMO) + EMA + (Regular/Hidden) Divergence + Bullish/Bearish background colors.
* You can edit your options from indicator settings.
Here's an updated version of our Vortex Trend Tracker indicator.
Here's the link to the original if anyone wants to read more about the Vortex or see the first version:
We've added in 4 rsi's of varying lengths for this second version(2 fast and 2 slow) that create the background color effect.
Hey there
This is a script requested by a friend
It's based on the RSI Divergence script from Ricardos Santos :
This version will color the candles instead of drawing an extra panel below the main chart
I set this script on Invite-only cause it's only for a friend to be used.
However, if interested, hit me up and I'll add you
Enjoy
Dave
Trading Divergence based on Momentum (Indicator below), If you want to make this a strategy i would use all those indicators above for extra confirmation.
"Momentum Divergence" indicator includes the following:
-"Momentum Waves" (blue waves)
-"Stochastic RSI" color change (green/red lines)
-"RSI" (purple line)
-"Money Flow Index" (green/red bar below)...
Though it may sound complex, the Vortex Indicator is essentially an uptrend line and a downtrend line. The vortex indicator can be used for a variety of purposes, including tracking the strength of trends, identifying/anticipating reversals, and generating entry/exit signals. It’s calculation is shown in the open-source code below.
To reduce the number of...
