ROC works great on data with only positive numbers (like prices).
But it fails to correctly represent the rate of change when source series have negative values.
ROC is positive when:
Source is positive AND Source is rising
OR Source is negative AND Source is falling
Percent change (PCT) is just a ROC that deals with this sign confusion.
Anyone with Data...
Based on ROC this indicator has been smoothed with filter and the zero line changed by a longer period of inverted ROC filtred as well . Buy/sell at the cross.
A momentum based approach to finding support/resistance, with the S/R lines changing color if price action confirms it as support or resistance.
These lines only track the most recent significant support or resistance, so the price can end up above or below both lines. In that case there is an option to "Plot Higher High" or "Plot Lower Low", which will attempt...
Shows BTCUSDLONGS vs BTCUSDSHORTS along with their rate of change on a scale that's friendly for a combined indicator. ROC is increased proportionally so you can see it in relationship to Open Shorts and Open Longs on the same graph without zooming. I had been using an offset as well, but using an offset to adjust position causes the highs to look lower and it...
This Indicator plots the Percentage change of the Volume Weighted Moving Average.
It takes the VWMA length and calculates the Volume Weighted Moving Average over that period, it then "Looks Back" and calculates the percentage change from that point to the current point.
This is helpful in seeing if the price has swung outside of a normal range that you can...
Tick Line Momentum Oscillator indicator script. This indicator was originally developed by Daniel E. Downing (Stocks & Commodities, V.12:1 (42-44): Using The Tick In A Short-Term Indicator).
This script is for checking the top and bottom at on time.
You can change buy/sell indicator threshold value and index bars.
I'm planning that will add some of interesting features at the future,
At this time, this script is providing only for some people. If you want, please leave comment to this page.
Recommend(and Confirmed that is work enough) Timeframe is ...
Calculates the strength of a particular currency taking into account it's rate of change (% price change in a period) in all correlated and anti-correlated pairs. For instance, when looking for USD strength we will add ROC for USDCAD, USDCHF and USDJPY while subtract AUDUSD, EURUSD, GBPUSD and NZDUSD.
After ROC step, one can smooth the result using EMA, or...
This is my variation of the Correlation Coefficient and I call it "Hershey's CoCo". The indicator identifies very specific Stock, Sector and Market pressures on whatever symbol you are evaluating.
If interested, follow me and send me requests to evaluate your stock or sector as I refine this tool.
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Price movement...
Adds some depth to the traditional rate of change (ROC) indicator. Instead of just having one ROC line with a single lookback period, this takes a minimum lookback period, n , and plots 20 ROC lines with lookback periods of n, 2n, 3n, ..., 20n . These lines will appear green when greater than zero, red when less than zero, and yellow when equal to zero by...
Rate of change of most volatile JPY and GBP pairs. All pairs ending in JPY are red except GBPJPY (colored yellow --currently most volatile 7/2016). GBPNZD is blue, the other GBP pairs are green, lime and teal. GBPJPY and GBPNZD are my favorite day trading / swing trading pairs. This script allows me to see the action of the most volatile and liquid pairs on one...
![BTCUSD: Crash Finder [OnurSelcuk] - Works on 30-120-240-D V.1](https://s3.tradingview.com/q/qHoQLMA4_mid.png "Crash Finder [OnurSelcuk] - Works on 30-120-240-D V.1")
