the disparity index measures the distance of the source from the function of the volatility-calibrated ATR. i often found that with HH's or LL's, this displacement tends to decrease. to use this divergence to my advantage, i thought i would quantify it into an index.
The rate of change also know as ROC is a momentum indicator that describes changes over a specific period of time. In general positive values describe for the asset to have a positive momentum change whereas negative values will give a negative momentum change. You will be able to add moving averages or additionally smooth the ROC to create a more stable...
The Money Flow Index is a volume indicator used for measuring buying and selling pressure. This is done by analyzing both price and volume. The MFI's calculation generates a value that is then plotted as a line that moves within a range of 0-100, making it an oscillator. When the MFI rises, this indicates an increase in buying pressure. When it falls, this...
The Relative Strength Index (RSI) is as a momentum oscillator originally developed by J. Welles Wilder. The indicator is calculated as a Ratio of higher closes to lower closes on a scale of 0 to 100. If the indicator reaches values above 80 (some use 70 or 75) it means the instrument is overbought and if the values are below 20 (25 or 30) it is oversold. But be...
This indicator shows the divergence between FX and spot price. bitFlyer FXBTCJPY XBTUSD ETHUSD ADA BCH EOS LTC TRX XRP
Godmode Stochastic oscillator that can be used as alternative to Stoch RSI, since imho it better tracks price movements.
The Return to the Mean Oscillator shows the spread between the selected mean study and the actual close in price. In this first version, I'm including the All-Time Historical Mean, which is the evolution of the mean value of that asset since its inception. By using this indicator we are able to see if a particular market is trading above/below historical mean...