The Paranoia Indicator is a technical analysis tool that combines three popular indicators: Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Stochastic. The Paranoia Indicator formula is calculated by taking a weighted average of the three indicators, with the weights being 23.6%, 61.8%, and 14.6%, respectively. The Paranoia...
Introduction Heyo guys, I made a new (repainting) indicator called Local Model Kalman Market Mode. I created it, because I wanted a reliable market mode filter for a potential mean-reversion strategy (e. g. BB Scalping). On the screenshot you can see an example of how to use it in a BB strategy. E.g. you would enter long when you have bullish divergence, price...
Well to be honest I don't know what to name this indicator lol. But anyway, here is my another original work! Gonna give some background of why I create this indicator, it's all pretty much a coincidence when I'm learning about time series analysis. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Well, the formula of Auto-covariance...
This amazing oscillator displays the difference between the hull average calculated on the close of the candles and the one calculated between the average of the highs and lows. This allows the user to identify the pressure of the closing price over the average, useful to identify trends, divergences, and reversals. This indicator also has two dynamic overbought...
script to sum rolling 20 (default) period's prices together use on volume indicators to get the likes of McClellan Summation User selection: rolling periods to add
A fairly simple one this time. Another crypto dominance tool, consider it a sequel to Dominion if you will. Ready to go out-of-the-box with a selection of presets at hand. The premise is straightforward, rather than viewing the various marketcap dominance indexes as their standard percentage values, here we have them represented as basic oscillators. This allows...
As the name suggests, this indicator is a market correlation analysis tool. It contains two main features: - The Curve: represents the historic correlation coefficient between the current chart and the “Reference Market” input from the settings menu. It aims to give more depth to the current correlation values found in the second feature. - The Screener: this...
The Jdawg Sentiment Momentum Oscillator Enhanced (JSMO_E) is a versatile technical analysis indicator designed to provide traders with insights into potential trend changes and overbought or oversold market conditions. JSMO_E combines the principles of the Relative Strength Index (RSI), the Simple Moving Average (SMA), and the Rate of Change (ROC) to create a...
This script combines three relative strength index (RSI) indicators with different periods, and allows the user to toggle between them to generate overbought and oversold signals. The indicator is named "Triple RSI Indicator with Toggle" and has the short title "TRSI-T." The input parameters for the RSI periods are set by the user and include a short RSI with a...
English - Introduction This indicator uses a standard RSI of 14 periods, however, instead of using static lines of 70 and 30 to identify overbought and oversold zones, a moving average band is added, similar to the Bollinger Bands indicator. Español - Introducción Este indicador utiliza un RSI estándar de 14 períodos, sin embargo, en lugar de utilizar líneas...
"This code creates a technical analysis indicator used to calculate and visualize the WillyCycle oscillator and double moving average indicators on the price of a financial asset. The functionality can be summarized as follows: *Calculate the WillyCycle oscillator: The WillyCycle is an oscillator calculated based on the highest and lowest values of an asset. This...
█ OVERVIEW This is a divergence indicator based on Relative Strength Index (RSI). My attempt to make this indicator updated based on latest pine script features such as type, object and method. █ FEATURES 1. Color of plot and label is based on contrast color of chart background. Able to customize color from style menu. 2. Big divergence (Regular Divergence)...
The Macon Strategy is an idea conceived by Didier Darcet , co-founder of Gavekal Intelligence Software. Inspired by the Water Level, an instrument used by masons to check the horizontality or verticality of a wall. This method aims to measure the psychology of financial markets and determine if the market is balanced or tilting towards an unfavorable side,...
This indicator represents confirmation of a trend based on the PSAR indicator and includes signals from the MACD, stochastic oscillator, and awesome oscillator. It displays the points of the parabolic SAR on the chart, which help determine the direction of the trend. Additionally, the indicator allows for tracking signals based on the combined analysis of three...
Moving averages come in all shapes and types. The most basic type is the simple moving average which is simply the sum divided by the quantity. Therefore, the simple moving average is the sum of the values divided by their number. In technical analysis, you generally use moving averages to understand the underlying trend and to find trading signals. In the case...
Introduction: Capable of observing the market sentiment of the cryptocurrency market The relative status of BTC and altcoins How it works: 1. The general uptrend process of the cryptocurrency market is BTC → ETH → high-cap altcoins → low-cap altcoins. When funds cannot push up BTC's market cap, funds gradually flow into smaller-cap altcoins until the...
what is Futures /Spot Ratio? Although futures and spot markets are separate markets, they are correlated. arbitrage bots allow this gap to be closed. But arbitrage bots also have their limits. so there are always slight differences between futures and spot markets. By analyzing these differences, the movements of the players in the market can be interpreted and...
╭━━━╮╱╱╱╱╱╱╭╮╱╭╮ ┃╭━━╯╱╱╱╱╱╱┃┃╱┃┃ ┃╰━━┳━━┳╮╭┳┫┃╭┫╰━┳━┳┳╮╭┳╮╭╮ ┃╭━━┫╭╮┃┃┃┣┫┃┣┫╭╮┃╭╋┫┃┃┃╰╯┃ ┃╰━━┫╰╯┃╰╯┃┃╰┫┃╰╯┃┃┃┃╰╯┃┃┃┃ ╰━━━┻━╮┣━━┻┻━┻┻━━┻╯╰┻━━┻┻┻╯ ╱╱╱╱╱╱┃┃ ╱╱╱╱╱╱╰╯ Overview Equilibrium is a tool designed to measure the buying & selling pressure in the market. It is depicted as a “pressure gauge” that automatically adjusts as new candles are formed, providing...