This script combines LazyBear's RSI Bands with JayRoger's Bollinger Heat Bands, to give an on chart representation of the price needed to set RSI to each major level, from 20 to 80 (higher values created massive bands).
This indicator calculate the Cumulative Net Volume (volume in versus volume out) as seen in red and green cross
I normalize it to be as price indicator -then using color setting it easy to see when volume influx is positive compare to negative period
next step -I add rsi and Bollinger to highlight the area where volume is going up or down with the best period by...
I've made a simple indicator to compare the momentum of a trading pair against the momentum of BTC to the dollar. I use it to see how a pair is affected by BTC's momentum... I wouldnt use it to trade off alone, but it can be a useful tool alongside other indicators.
The time range can be adjusted, but I wouldnt reccomend setting it to anything over 12M, or under...
Hi!
It's just an answer to question from one TV user: "How can I store the price at which I enter the long or short position, so that I can use it later to calculate a percentage based exit strategy. "
Hope this would help!
I studied a few conditions that appeared to work well for entering longs, and I coded them to flash different signals each colored Black, White, Yellow, and Blue.
Black is a Long Alert.
- One Black candle foreshadows, hypothetically, a long position incoming. Creating a position on the first black candle, showed to be stupid - but with each black candle the...
This indicator give you the ability to look on volume from 3 different view
1.v volume which similar to VPT
2.vWMA
3.RSI volume
since each calculate volume different I had to normalize it and by that I made new nice indicator that give you the ability to see the best buy and sell place by volume
black is for vwma
rsi is in blue
and v is green red
a nice...
This indicator is the one scripted and published by KIVANCfr3762 (fr3762 @twitter), only difference is the IFT Stochastic Momentum line to be added and also included for average IFT line calculation. Both IFT CCI and IFT CCI V2 lines are included within this script. With the options/settings menu, the lines can be added/removed for displaying on the chart up to...
Credit to Lazy Bear for the original script and Constance Brown for the indicator.
Added horizontals to better compare heights of peaks and minor format changes.
![XBTUSD.P: RSI Heat Bands [River]](https://s3.tradingview.com/f/FzBmExuQ_mid.png "RSI Heat Bands [River]")
![BTCUSDT: [STRATEGY]Point & Figure Emulator OC V3](https://s3.tradingview.com/q/qoAh5AYy_mid.png "[STRATEGY]Point & Figure Emulator OC V3")
