A RSI implementation tailored for a specific use case. Instead of using RSI with oversold and overbought values, I use it as a median value. If the RSI is above 50, the trend is bullish. If the RSI is below 50, the trend is bearish. This indicator is customized to help you easily identify market strength/weakness based on which side of the median value the RSI is.
This indicator compares the RSI of the symbol you're viewing against; - TOTAL ( market cap of the entire cryptocurrency market ) - TOTAL2 ( market cap of the entire cryptocurrency market excluding BTC ) - BTCs market cap - ETHs market cap ----- This helps to track the trend of a certain symbol and to quickly see how it's performing in contrast to key market...
The Adaptive Cyber Cycle was created by John Ehlers and this is a cycle based indicator which you don't find too many of these days. Each stock goes through cycles which are repeating patterns of price movement and cycle indicators help you find the timing of the cycle to capitalize on the underlying cycle. That is an extremely simple explanation but most...
Function to calculate a forecast using a linear regression approach, this is the same function used on excel and other data sheet programs. reference: - support.microsoft.com - stackoverflow.com
This is a brand new concept of indicator that calculates the divergence in the behavior of price and the RSI. The yellow line indicates the change over the RSI and the blue line is for the changes of closing price.
This is a PineScript translation of Welkin's Advanced Volume Indicator Overlay, originally written for ThinkOrSwim. This tool is designed to facilitate Volume Spread Analysis (VSA) by highlighting areas of above average volume alongside price movement. This indicator does two things: 1. Plots lines that extend from candles of above average, high, and very high...
Trend indicator. It is based on a simple moving average, the maximum and minimum of this moving average for the period. When the moving average coincides with its maximum for the period , the trend is rising, when the moving average coincides with its minimum for the period, the trend is falling. The optimal periods should be selected for each timeframe and...
The Moving Average Bands were created by Vitali Apirine (Stocks and Commodities July 2021 pg 16) and this is a very handy trend following indicator that will give you the overall trend of the underlying stock. As the bands rise then the stock is in an uptrend and as they fall then it is a downtrend. If the bands stay flat then it is a sideways and/or choppy...
Hello All, This script shows comparisons between major currencies for the specified time frame. it checks the change since the last bar and set the background and text color. You can change time frame and background & text colors. you can also change the location of the table as you wish. in the following example, the script was added to the chart two times,...
This indicator highlights sessions, kill-zones and significant time elements on the chart based on ITC's method.
To know when to buy altcoins instead of bitcoin. It is based on BTCUSD and BTC Dominance RSIs.
Asia Range Shadow Box and ICT Killzones If you watch ICT on youtube you will know what to do with this :-) I had found a lot of great ideas but none of them completely had what I was personally looking for so I put all of the great ideas I had found and added my own twist to it. I wanted a easily customizable indicator that did the following - Showed the Asia...
Similar to the Auto Fib Retracement tool - I took the out-of-the-box functionality and added Logarithmic support, as well as nicer colors and easier management of levels. I'm... 90% sure I got the Fib calculations correct. If you see something, say something! Would love any suggestions for improvement.
An earlly oscillator. Sometimes It mat be dangerous. Be careful please. I just combined TSI, WMA, Stochastic.
Included in this indicator: - 3x HMA w/ cloud (Slow/Fast HMA) (Signal HMA) ----- User-friendly. You can change all the inputs, they are labelled for ease-of-use. You can toggle On/Off any or all of the options.
This is a small handy script to help you organise and find your way in a multi-chart environment. You can set the box to a certain number of bars back, to show the range of the smaller timeframe window in another part of the multi-chart layout. This can help to tell you where you are in the longer mid-term and shorter trends. you can easily set the arrows to...
Auto Fib Levels shows you basically the Fibonacci retracements levels. The green area is the low, red area is high and empty area is neutral. Helps you to see simple the price levels.
ENG) Simple Cross Signal Indicator of Ichimoku Equilibrium 1. Concept The basic concept of Ichimoku can be learned from the idea. 2. Principle It is a double Ichimoku equilibrium in which the lengths of the indicators of the basic Ichimoku are different and integrated into a single indicator. This provides some convenience for users with a limited number of...