Momentum Timer Pro 2 calculates the momentum of the gradient of two exponential moving averages (one faster and one slower) and puts them through a relative strength index to signal momentum. You may notice a rhythm to this indicator. Because relative strength indexes naturally drag the output signal toward middle of the range and the input of this indicator is...
The Natural Directional Index was created by Jim Sloman and this is another indicator that I'm publishing from the collection of Ocean indicators. I want to make sure his legacy is covered by as many eyes as possible. This is his version of the directional index indicator but he uses his weighting method to use the square root of time and you can see that the...
This version of the Inverse Fisher Transform on RSI comes with support for 1) Backtesting with Gavin's backtest script 2) Bypass, you can use another indicator to pause buy signals from this indicator. Just create another indicator that plots "1" whenever you want to activate the bypass on the IFTRSI signal. 3) Independent buy and sell level thresholds. Some...
This indicator is the idea of giorno_4_16 . It shows some indicator lines in your main chart as following: SMA300, EMA200 BB 20 1,2,3sigma and middle BB 300 1,2,3sigma and middle You should put CCI (12, 14) into your separated chart to use the idea. It shows arrows for registance trading when: CCI(12) crossovers -200 or corssunders 200 in recent...
The Natural Stochastic Indicator was created by Jim Sloman and this is another indicator from his Ocean series which I will eventually publish all of them. Big thanks to @altcoinz and @tmac87 for giving me all of the source code in order to publish Jim's life work. This is another momentum indicator but unlike a traditional stochastic indicator, this one doesn't...
█ OVERVIEW This indicator was inspired by Arty and Christy. I have taken what they teach and combined it into this amazing RSI Divergence Oscillator. █ COMPONENTS Here is a brief overview of the indicator: 1 — RSI Divergence Arty uses the RSI divergence as a tool to find entry points and possible reversals. He doesn't use the traditional...
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...
This script is for trading grid bots. Only CCI and RSI are used, but there are three different timeframes available for each. When using it, you must select a chart with a period equal to or less than the minimum in the indicator settings. For example, the following periods are selected in the settings: 1 hour, 15 minutes, 5 minutes, so we use a 5-minute chart. A...
Elliott Wave Principle, developed by Ralph Nelson Elliott , proposes that the seemingly chaotic behaviour of the different financial markets isn’t actually chaotic. In fact the markets moves in predictable, repetitive cycles or waves and can be measured and forecast using Fibonacci numbers. These waves are a result of influence on investors from outside sources...
RedK Volume-Weighted Directional Efficiency Index (DXF) is a momentum indicator - that builds on Kaufman's Efficiency Ratio (ER) concept. DXF utilizes a restricted +100/-100 oscillator to represent the "quality" of a trend, and does a good job in detecting the possibility of an upcoming trend change (in both direction and quality), improving our ability to make...
I believe it is perhaps one of the world's simplest but one of the rare indicators where backtest results are so efficient. As a strategy, we buy every time a buy signal comes, but we need to repeat this 20 times and we buy when our average rises by 0.65 percent. I know that this indicator, which I did not prepare for the sales strategy, also works very...
---From the "Bitcoin Trading Strategies" book, by David Hanson--- After testing, works better with an ATR stop instead of the Strategy Stop. This parameter can be changed from the strategy Inputs panel. "CCI Scalping Strategy Recommended Timeframe: 5 minutes Indicators: 20 Period CCI, 20 WMA Long when: Price closes above 20 WMA and CCI is below -100, enter when...
The AutoCorrelation Indicator was created by John Ehlers (Cycle Analytics pgs 94-98) and this can be viewed as both a momentum indicator and a trend indicator. This was his basis for several other indicators that he created which I will be publishing soon but essentially as this indicator goes up then the stock is in an uptrend and also has upward momentum. You...
Relative Volume is calculated by taking the ratio of current volume relative to a moving average of your choice. It gives you a quick way to see how much volume is involved in the current movement relative to a recent period. Features: -Customizable Moving Average: You can choose the period (default is 21) and type (SMA or EMA) -Customizable base level: Default...
Here I present you on of Trade Pro's Trading Idea: Chaikin Money Flow + MACD + ATR. This strategy is not as profitable as it can be seen in one of his videos. In the forex market, the strategy could reach a maximum of 35% profitability. I have, as some of my followers have requested, created an overview of the current position, risk and leverage settings in the...
KOR) Red Green Bean RGB This indicator combines the MACD oscillator and the moving average. We use the concept of overlap to capture moments that overlap in the same direction. Indicate as a signal. 1. Concept & Principle When MACD goes from below 0 to above, the direction of the uptrend is When the MACD goes above zero, it indicates the direction of the...
Hi everyone, This script shows the Dashboard in a Table. Table.new() is a new feature and released today! Big thanks to Pine Team for adding this great new feature! This new feature changes the rules of the game! The script shows 3 different time period indicator values for the icon and changes the background color of each cell using the current and last values...
The Altcoin Season Indicator compares performance of Bitcoin with the performance of the top altcoins over a specified period. The indicator weights the results, giving greater weight to the first specified altcoins. By default, the larger market cap altcoins, such as ETH, BNB, ADA, etc., are included first and therefore given greater weight in the algorithm. ...