This is an indicator I've been playing with for a while, based on my previous MACD w/ RSI Warning indicator. This one takes it a step further, including information from MACD, RSI, ADX, and Parabolic SAR. These four indicators are represented in this indicator as follows:
MACD: The histogram itself is a normal MACD histogram. Nothing strange about it, and you...
Hello friends
This indicator can help you to combine the three indicators together
EMA (20), MACD (12, 26, 20), RSI (14)
Apply ema20 to rsi as the signal line
Long arrival time
Price above EMA20, MACD above signal line and RSI above signal line
Short arrival time
Price below EMA20, MACD below signal line and RSI below signal line
This system originates from many articles by Enrico Malverti on 2015, 09 : "i-trading-systems-parte-5".
Many trading systems are more stable if you use simple and not so innovative indicators, like exponential moving averages and Relative Strengthe index.
Differently by the original article:
- there is no ATR Filter, but we have introduced a Schaff Indicator. If...
This indicator includes StochRSI, RSI and a double RSI-EMA. By combining StochRSI with the RSI , it becomes very powerful for directional moves. The double EMA-RSI powerful in itself, helps filter out typical noise by showing trend strength allowing for greater profits by holding the trade longer.
This script creates a RSI in a candle format so you can see the RSI Change in a candle format and compare it with the actual price candle. When Price goes into RSI zone you can see the shape of all price values (open, high, low, close) in RSI format
This is a variation to ROC candles where you can see the RSI change in a candle format. Change the RSI to any other...
Market Waves Omega Indicator consists of 5 separate indicators wrapped into one display area, which makes it easy to see all the information in one go.
Momentum waves
The main area of Market Waves Omega Indicator are the momentum waves, this shows bear and bull divergence as shown on the diagram below:
The idea here is that you are looking for a big...
SAR signals (Parabolic and Lucid) combined with UT pivots, all filtered by the 200 MA. Golden and death crosses are also included to catch larger moves out-with long/short trends. These are filtered by my chop indicator to remove sideways signals.
This is designed for the 5 minute chart but may be useful elsewhere with some tweaking.
Alerts are included for...
This script looks for divergences on up to six indicators, sums them up and draw a histogram below the chart.
You have several options to customize the output:
1. indicators: RSI, Stoch RSI, MACD, CCI, OBV, WaveTrend (LazyBear)
2. Divergences: Regular, hidden, both
3. Lookback period for divergences
BITSTAMP:BTCUSD
Laguerre RSI is based on John EHLERS' Laguerre Filter to avoid the noise of RSI.
Change alpha coefficient to increase/decrease lag and smoothness.
Buy when Laguerre RSI crosses upwards above 20.
Sell when Laguerre RSI crosses down below 80.
While indicator runs flat above 80 level, it means that an uptrend is strong.
While indicator runs flat below 20 level, it...
You can use this indicator to get multiple RSI's at the same time.
This strategy occupies 1 indicator in the place of 3.
Just change the time period (value of the RSI), colour according to your wish/needs by clicking the Settings
This is a modification of the 'Ehlers Ideal RSI' script to include an EMA of the RSI, which acts as a follower!
The idea was a user suggestion and if you would like your suggestion made into an indicator, check the FAQ!
If you've never encountered the iRSI before, then you're in for a treat. This RSI will calculate the best period to use by itself.
The theory...
Summary
Script highlights the divergences in RSI worth taking notice of. By comparing current envionment to relative sample we can see more than
the standard divergences that many catch through analysis. This framework aims to remove the bias or noise many see when looking for any supporting
evidence to their given emotion on a market.
Step-by-Step...
This version of RSI uses (RSI, 200) as the signal and color codes the background as well as the RSI/200 line. For the same results as my post use a Length of 5 on RSI, as well as the "area with breaks" as a representation of RSI.
Cycles represent relatively smooth fluctuations with mean 0 and of varying period and amplitude, their estimation using technical indicators has always been a major task. In the additive model of price, the cycle is a component :
Price = Trend + Cycle + Noise
Based on this model we can deduce that :
Cycle = Price - Trend - Noise
The indicators specialized...
![XBTUSD.P: [CryptoWho] Multi Divergences](https://s3.tradingview.com/r/rmvAivnl_mid.png "[CryptoWho] Multi Divergences")
![AMD: Grover Llorens Cycle Oscillator [alexgrover & Lucía Llorens]](https://s3.tradingview.com/z/zZCpzplM_mid.png "Grover Llorens Cycle Oscillator [alexgrover & Lucía Llorens]")
