It's a script that computes volatility-adjusted momentum indicators. The problem with the momentum indicator is that it's absolute and it's hard to interpret its value. For example, if you'll change the timeframe or instrument value of Momentum will be very different. We tried to solve that by expressing momentum in volatility. This way you can easier spot...
Power of Stocks - Bollinger band & 5ema Strategy In this script you get to take Buy/Sell trades using the 3 options mentioned below.(Alerts with price levels for buy/sell at , SL & Target are included in this one) 1. Combined Strategy :- uses confirmation from both strategies to trade. 2. Bollinger band Strategy :- use the Bollinger band Strategy to...
UFO + Realtime Divergences (UO x MFI) + Alerts The UFO is a hybrid of two powerful oscillators - the Ultimate Oscillator (UO) and the Money Flow Index (MFI) Features of the UFO include: - Optional divergence lines drawn directly onto the oscillator in realtime. - Configurable alerts to notify you when divergences occur, as well as centerline crossovers. -...
Physics Candles embed volume and motion physics directly onto price candles or market internals according to the cyclic pattern of financial securities. The indicator works on both real-time “ticks” and historical data using statistical modeling to highlight when these values, like volume or momentum, is unusual or relatively high for some periodic window in...
This indicator is best suited for mean reversion trading, shorting at the upper band and buying at the lower band, but it can be used in all the same ways as a standard bollinger band. It differs from a normal bollinger band because it is centered around the linear regression line, as opposed to the moving average line, and uses the linear regression of the...
The Stochastic Vix or Stochastic VixFix (SVIX), just like the Williams VixFix, is a realized volatility indicator, and can help in finding market bottoms as well as tops without requiring bollinger bands or any other construct, as the SVIX is bounded between 0-100 which allows for an objective thresholding regardless of the past. Mathematically, SVIX is the...
Ichimoku and MA use the default. It is repainted because it uses a moving average line. A marker is only true if it was created after the candle closed. The principle is too simple. Please enjoy using it. - Up : Conversion Line > MA #1 and Base Line > MA #2 It is an uptrend. The short-term moving average should be above the conversion line. And the long-term...
I continue to add things to the multibit ready indicators: This is a modified RSI indicator with some useful additions to make it bottrading ready: Centered around 0, so from +50 to -50. Short-Triggerline Long Triggerline following value mods are possible: POW factor --> rsi^POW final smoothings: SMA smoothing (level 1) EMA smoothing (level 2) switch all...
This is a hybrid indicator that combines the Didi Index with the Average True Range. It acts as both an ATR and a Confirmation indicator, based on the No-Nonsense Forex (NNFX) trade rules. The Didi Index takes three moving averages to build a fast line (MA1 and MA2) and a slow line (MA2 and MA3). You can use it several different ways (2 lines cross,...
this indicator serves to differentiate the classic type Line and source of Alligator There are the classic inputs for the 3 lines ( Jaw , Teeth and Lips ) in addition to the choice of the normal source and the type of line, the choices are: SMA = Simple moving average EMA = Exponential moving average WMA = Weighted moving average RMA = ...
One-stop shop for all your divergence needs, including: (1) A single metric for divergence strength across multiple indicators. (2) Labels that make it easy to spot where the truly strong divergence is by showing the overall divergence strength value along with the number of divergent indicators. Hovering over the label shows a breakdown of each divergent...
An updated version of the SPX Fair Value Bands script from dharmatech and based on the net liquidity concept by MaxJAnderson . Now with full customization of parameters through the settings (Dialog Box) and allowing the options to the use of 1) Standard Bands based on Offsets of the Fair Value 2) Bollinger Bands 3) Keltner Channels to better capture...
Dissected the standard SWMA function and added options for user to change just about every part of it. Weights ,Lookback ,Source can all be changed in the settings. Green is the standard SWMA, Using the Input value selected.(MAs/LRC/VWAP) Red is the tuned SWMA, with the option of applying a final Output filter (MAs/LRC/VWAP). Uses 8 datapoints instead of 4 for...
This indicator is an implementation of the USD Liquidity Index originally proposed by Arthur Hayes based on the initial implementation of jlb05013, kudos to him! I have incorporated subsequent additions (Standing Repo Facility and Central Bank Liquidity Swaps lines) and dealt with some recent changes in reporting units from TradingView. This is a macro indicator...
An implementation of the "Coppock Unchanged" plot concept by Tom McClellan. Simply put, assume that for each bar, an alternative close creates a Coppock Plot that is unchanged , i.e. a close that generates a flat coppock curve. This coppock unchanged plot can be used to: 1) identify a start of a trend on a long timescale (monthly) when the price goes above...
OHLC candles plot of the Williams VixFix indicator, which allows to draw trend lines. Williams VixFix is a realized volatility indicator developed by Larry Williams, and can help in finding market bottoms. Indeed, as Williams describe in his paper, markets tend to find the lowest prices during times of highest volatility, which usually accompany times of highest...
A Hull Moving Average (HMA) slope oscillator. It uses a HMA slope to identify up/down trends. Usage is simple: adjust the HMA and signal length according to your needs. Long orders start when the bar changes from under (the zero line) to over the zero line. You can also spot "early" long entries when the bar moves close to the zero line. Short orders should be...
Use this indicator on Daily Timeframe This script works only on India NSE Futures (Indices and Fno Stocks) This script pulls Stock/Index Price/Volume Info + Futures Current/Next Price/Volume/Open Interest Info Calculates the Combined OI and identifies the OI Buildup based on the Price Change and color codes the info for easy reading This script also calculates...