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...
Trend Checkpoints reversals Green : 1-Trend meter 3 green oscillators 2- Stochastic Rsi going down from 100-75 3- Stochastic Rsi with red background (optional on settings) 4- Price action above Red : 1-Trend meter 3 red oscillators 2- Stochastic Rsi going down from 0-25 3- Stochastic Rsi with green background (optional on settings) 4- Price action below
Indicator for divergence between MACD trend and price trends. Try it out and let me know what you think!
THE BEST FOREX, BINARY OPTIONS, STOCK AND CRYPTO INDICATORS FOR TRADINGVIEW.COM Our Smooth Stochastic RSI indicator and our RSI indicator all combined in one! BACKGROUND AND BAR COLOR Green=BULLISH Yellow= NEUTRAL/TRANSITIONAL Red= BEARISH ALERTS GET ALERTS FOR BULLISH AND BEARISH CROSSOVERS ON STOCHASTIC RSI GET ALERTS WHEN RSI LINE IS GREEN...
This indicator compares four different values : -Fast Simple Moving Average(SMA) -Fast Volume Weighted Moving Average(VWMA) -Slow SMA -Slow VWMA Comparing SMA's and VWMA's of the same length is a common trading tactic. Since volume is not taken into consideration when calculating Simple Moving Averages, we can gain valuable insights from the...
♠♥As always -No repaint, Signals are real time♦♣ First release version is not tunned, parameters need testing and manual tuning from users Label meanings and color is self explanatory and pretty straight forward Signals deviate from Candlestick sequences and Volatility
This is the pre-release version of my AutoDivergence Study that inlcudes some major changes and major improvements
💸 Divergence Finder v1.0 by Cryptothythms Intro This indicator is meant as a quantitative look at divergences. Special thanks to RicardoSantos (legend!) for his divergence detection script which was used as a basis to construct this. Usage Lime Green = Regular Bullish Divergence Dark Green = Hidden Bullish Divergence Red = Regular Bearish...
After using many different divergence scripts, I struggled to find one that didn't indiscriminately signal a constant divergence while the price was trending. This study attempts to solve this issue, along with filtering out false signals. I have found it to print less signals and to be more accurate. It also gives you a confluence level between high probability...
Hello all, As my RSI divergences script became popular, I got few requests for making divergences scripts on other indicators. One of most popular and requested indicators next to RSI is OBV (on balance volume) which measures buy and sell volume based on candle close (green/red). So finally, here it is, divergences script for OBV. I'll probably also make candle...
Just playing around with some ideas I had with On Balance Volume (OBV). Added a divergence spotter and EMA's that all uses OBV as a source. Let me know if you have any feedback! My main use of OBV: 1) Confirm trend continuation: When price has a clear trend, OBV should be aligned with the trend. 2) Discover price reversal: When price and OBV moves in opposite...
Most financial markets tend to trade within a reasonable range between 60-75% of the time (don't ask for a reference because I couldn't find it), so swing trading with a trend isn't always viable -- so how do we take money out of the market? If you're familiar with scalping low time frames for 20 or 30 ticks, you'll know how difficult it is to time your entry and...
MFI with auto identification of divergence, multi timeframe support and centre line. Work In Progress
This Indicator based on RSI Divergence with Overbought and oversold signals. All tops and bottoms calculated with Moving Average Crosses and combines with RSI signals. Best working Timeframe is H4 on current settings, you can modify values to find best for you. Current settings best for BTC trading. At the beginning it can confuse you to understand but you will...