EMA Slope/Angle Oscillator, Multiple Moving Average Oscillator, Multiple type Moving Averages HMA,EMA,WMA,SMA, VWMA,VWAP provided. The angle is calculated between the Slow MA and Fast MA and the difference between the angle is plotted as Histogram. Additionally Buy Sell Signals are plotted as green and red Dots. its very easy to judge the movement of price...
Indicator showing potential momentum divergences on Moving Average's Slope. The problem with the classic divergence is that when the signal appears, it is sometimes too late to enter a trade . The potential divergence corrects this problem by signaling the beginning of a potential divergence . Moving average slope is a momentum indicator that offers relevant...
MACD Derivatives v1.1 Shows MACD value and derivative of MACD value in the histogram. The histogram shows 1st or 2nd order derivative as indicated in the settings. The derivative value represents the slope, the direction of change and change rate of the MACD value, aiming to give influence on possible trend turns on MACD value, ideally the possible direction...
Enio_LR_Slope is the slope curve of a Linear Regression Line. As such, it describes whether the LRL is decreasing or vice versa. Its crossing above the Zero line is considered a Buy signal, and vice versa. This signal can also be used to confirm signals from other indicators. The default setting is: Slope curve, 30 periods Cut-Off signal, 7-periods (This is a...
Relative slope metric Description: I was in need to create a simple, naive and elegant metric that was able to tell how strong is the trend in a given rolling window. While abstaining from using more complicated and arguably more precise approaches, I’ve decided to use Linearly Weighted Linear Regression slope for this goal. Outright values are useful, but the...
A mathematically elegant, native & modern way how to measure velocity/ strength/ momentum. As you can see it looks like MACD, but !suddenly! has N times shorter code (disregard the functions), and only 1 parameter instead of 3. OMG HOW DID HE DO IT?!? MACD: "Let's take one filter (1 parameter), than another filter (2 parameters), then let's take dem difference,...
This indicator plots 2 moving averages with a cloud filling the area between the two. It has the unique ability to choose between multiple moving average types, AND also paints the average based on slope direction, all in one indicator. Most of the available moving average cloud indictors only allow one type of moving average for both averages together (e.g. 21...
The 4C ATR is a simple indicator that plots a horizontal line on the ATR indicator, which can be used as a minimum or maximum reference value. Some trading setups have specific criteria that require a minimum ATR on a certain timeframe for the instrument to be playable. The horizontal line is useful as a quick visual reference, and can be adjusted to any...
This indicator uses the concept of slopes and normalizes the values so that they are bounded between 0 and 100. The steps required to calculate the indicator are as follows: * Calculate the slope of the price using a lookback period (by default, it is either 14 or 21). The slope is calculated by subtracting the current close price from the close price 21 (or 14)...
Honey Cypher Aims to do 4 things Momentum Trend Strength Overbought and oversold zones Being the most beautiful indicator you ever see Momentum The big yellow honey waves primary use is to see the momentum of the market, they can be used in a similar way you would use a MACD or Chaikin Money Flow On this image you see the honey waves being plotted to...
Simple combination of LWMA and ATR Formula: Normalized LWMA = (LWMA-LWMA )/ATR
Overview: This customizable oscillator tracks slope of the Volume-Weighted Average Price ( VWAP ) line, positive and negative, over a user-specified run (bar distance). It is highly responsive, far more so than VWAP alone, making it suitable for issuing long and short signals (especially around 0 crossovers) as well as exit signals at positive and negative...
Shows the slope of KAMA by comparing last bar KAMA value to current bar KAMA value. Very simple, yet very effective determining the trend or volatility of market. When slope is very small market can be in range, hence it can be used as volatility filter for trend traders.
Greetings to all! As you probably know, TradingView now supports interactive inputs that can be directly set on a chart. I decided to build a tool that takes advantage of this incredible feature. This tool applies robust linear regression within a time interval on the chart that you can select interactively. Method The script uses an algorithm known as ...
My first tool ! 1. The waves shows the slope of the curve. The front one = 3 periods, back one = 2 periods, difference = white area. 2. The moving lines shows the curve correlation between 2x 2 time frames (adjustable on the settings) on 2 periods lookback. 2.1 Theres few regions of high correlation, lines are at (absolute values) 0.5, 0.75, 1 3. On the top...
This indicator plots the trend of the angles made by the chosen means. This trend when analysed over multiple timeframes as well as different lengths can give an indication of the trend in short medium and long term. For example, in any particular timeframe, when the 20 EMA turns a negative arctan, it signifies that on a shorter timeframe (than the current...
The Natural Market Slope was created by Jim Sloman and this is one of his many Ocean Indicators which I'm publishing thanks to receiving source materials from @altcoinz and @tmac87. I did completely rewrite the formula for this indicator but I commented out the original calculation so you can compare or just for study purposes. I like this version better because...